Wedgewood Partners, an investment management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, Wedgewood Composite’s net return was -6.3% compared to the Standard & Poor’s -4.3%, the Russell 1000 Growth Index’s -10.0% and the Russell 1000 Value Index’s 2.1% return for the same period. In addition, you can check the fund’s best 5 holdings to know its best picks in 2025.
In its first-quarter 2025 investor letter, Wedgewood Partners highlighted stocks such as PayPal Holdings, Inc. (NASDAQ:PYPL). PayPal...
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