Wedgewood Partners Q3’19 Investor Letter

Wedgewood Partners recently published its 2019 Q3 investor letter – you can download a copy below.

Wedgewood Partners is a St. Louis based investment management firm managed by David Rolfe. It is a large advisory firm with 1135 clients and discretionary assets under management.

According to the letter, the investment management firm finished the quarter on a sour note. The firm’s Composite was flat at 0.39% (net-of-fees) during the third quarter of 2019. Meanwhile, the benchmark...