Wedgewood Partners’ Q1 2021 Investor Letter

Wedgewood Partners, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here.  A return of +4.8% was reported by the fund for the Q1 of 2021, outperforming its Russell 1000 Growth benchmark that delivered a 1% return, but below both the S&P 500 and Russell 1000 Value Index that had a 6.2% and 11.3% gains in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.