Wedgewood Partners, a St. Louis, Missouri-based investment firm, has released its Q4 investor letter – you can download a copy below.
The firm’s Composite fell 15.17% (net-of-fees) during the fourth quarter of 2018. During the same period, the benchmark Russell 1000 Growth Index fell 15.89% and the S&P 500 Index fell 13.52%.
Its top fourth quarter performance detractors include Apple, Facebook, Qualcomm, Visa, and Celgene, while performance contributors include Alphabet, PayPal, Core...
