Wedgewood Partners Focused SMID Cap Strategy’s Q1 2022 Investor Letter

Wedgewood Partners, an investment management firm, published its “Focused SMID Cap Strategy” first-quarter 2022 investor letter – a copy of which can be downloaded here. For the first quarter of 2022, the Focused SMID Cap Composite (NET) declined -by 13.2%. The Russell 2500 Index declined -by 5.8%. On an annualized trailing 1-year, 3-year, and inception (6/30/2018) the Focused SMID Cap returned +1.7%, +19.7%, and +15.5%, (NET) respectively. Over the same time periods, the Russell 2500 Index returned +0.3%, +13.5%, and +10.5%, respectively. Try to spend some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.