Wedgewood Partners, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Wedgewood Composite returned -6.3% (net) in the first quarter compared to the S&P 500’s -4.3%, the Russell 1000 Growth Index’s -9.8%, and the Russell 1000 Value Index’s 2.1% returns. The letter mentioned the ongoing war, highlighting the swift response of financial and commodities markets to military strikes and geopolitical commentary. Historically, oil shocks have consistently displayed a significant influence on global financial markets. In addition, please check the Fund’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Wedgewood Partners highlighted Motorola Solutions, Inc. (NYSE:MSI) as a significant contributor to the portfolio’s performance. Motorola Solutions, Inc. (NYSE:MSI) is a technology company that provides public safety, government, defense, and enterprise security solutions. On April 28, 2026, Motorola Solutions, Inc. (NYSE:MSI) closed at $434.74 per share. One-month return of Motorola Solutions, Inc. (NYSE:MSI) was 0.14%, and its shares lost 1.28% over the past 52 weeks. Motorola Solutions, Inc. (NYSE:MSI) has a market capitalization of $72.26 billion.
Wedgewood Partners stated the following regarding Motorola Solutions, Inc. (NYSE:MSI) in its Q1 2026 investor letter:
“Motorola Solutions, Inc. (NYSE:MSI) contributed positively to performance, with organic revenue up 7% and orders growing in the double digits for the third consecutive quarter. The Company’s core Land Mobile Radio (LMR) business offers a unique value proposition to its customers, particularly local governments and public safety agencies. LMR technology is well suited for inclement weather and harsh conditions because its antennas generate a high-powered signal, unlike competing modes of communication (e.g., cellular and satellite), which rely on clusters of low-power deployments and are more susceptible to degradation when power or network backhaul becomes unavailable due to power failures or deteriorating weather. In fact, Motorola devices can communicate radio-to-radio without a network if necessary. In addition, Motorola’s command center software and new unmanned aerial communication platform (Silvus) are value-added services that public-safety customers are increasingly adopting to do more with the same personnel. We continue to hold Motorola as a core position in portfolios, having added to it in the fourth quarter of 2025.”
Motorola Solutions, Inc. (NYSE:MSI) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 64 hedge fund portfolios held Motorola Solutions, Inc. (NYSE:MSI) at the end of the fourth quarter, up from 51 in the previous quarter. While we acknowledge the risk and potential of Motorola Solutions, Inc. (NYSE:MSI) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Motorola Solutions, Inc. (NYSE:MSI) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Motorola Solutions, Inc. (NYSE:MSI) and shared Jensen Quality Growth Equity Strategy’s views on the company. In the previous quarter, Wedgewood Partners increased its holdings in Motorola Solutions, Inc. (NYSE:MSI), confident in its growth prospects due to its strong underlying demand. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
