Wedgewood Capital Investor Letter

Wedgewood Capital recently published its 2017 Q3 investor letter. You can download a copy of Wedgewood Capital’s 2017 Q3 investor letter below. The fund returned 4.8% net of fees during Q3, vs. 4.5% gain for the S&P 500 Index. The biggest contributors to the fund’s Q3 performance were PayPal, Tractor Supply, Visa, Berkshire Hathaway, and Apple. The fund’s following investments during the quarter detracted from its positive performance: Kraft Heinz, TreeHouse Foods, Edwards Lifesciences,...