Wedgewood Partners, an investment management company, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, Wedgewood Composite’s net return was 5.5% compared to the Standard & Poor’s 2.4%, the Russell 1000 Growth Index’s 7.1%, and the Russell 1000 Value Index’s -2.0% return for the same period. Year to date, the composite returned 29.1% compared to the 25.0%, 33.4%, and 14.4% returns for the indexes, respectively. In addition, you can check the fund’s top 5 holdings to know its best picks in 2024.
Wedgewood...
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