What David Rolfe bought and sold in Q4 2025

In Q4 2025, David Rolfe (Wedgewood Partners) opened 3 new positions — including CB (3.3%), AMZN (2.5%), IWF (1.1%), added to 3, trimmed 2, exited 1 (POOL). The book stood at $535M across 21 positions, filed Feb 17, 2026.

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.