Wedgewood Investors Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 31, 2024), Wedgewood Investors Inc. reported 100 stock positions worth $91.6 million. Its top holding was Erie Indemnity Class A (ERIE) at 15.0% of the portfolio, followed by Microsoft (MSFT, 6.1%) and Apple (AAPL, 3.0%). Compared with Q2 2024, it opened 6 new positions, sold out of 2, added to 17 and reduced 25. The biggest buy was a new position in Sherwin-Williams (SHW) and the biggest sale an exit from Intel (INTC).

Most Recent 13F
Q2 2026
Location
ERIE, PA
CIK
0001125243
Portfolio Value
$91.6M (Q3 2024)
SEC Filing
0001125243-24-000004 ↗ filed Oct 31, 2024

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q2 2024: $84.2M Q2 2024 Q3 2024: $91.6M $91.6M Q3 2024 Q4 2024: $84.9M Q4 2024 Q1 2025: $84.2M Q1 2025 Q2 2025: $86.8M Q2 2025 Q3 2025: $91.2M Q3 2025 Q4 2025: $87.8M Q4 2025 Q1 2026: $87.2M Q1 2026 Q2 2026: $97.4M Q2 2026

Holdings 100 stocks · $91.6M
ERIE Erie Indemnity Company Class A 14.97% 25,398 $13.7M Reduce -16.2%
MSFT Microsoft Corp. 6.12% 13,019 $5.6M Add +0.1%
AAPL Apple Inc. 3.00% 11,775 $2.7M Reduce -2.5%
UNP Union Pacific Corp. 2.79% 10,378 $2.6M Reduce -2.0%
WAB Wabtec Corp. 2.64% 13,314 $2.4M No change
SPY SS SPDR S&P 500 ETF Trust-US 2.57% 4,100 $2.4M Reduce -0.8%
SCHX Schwab US Large-Cap ETF 2.52% 33,948 $2.3M Reduce -0.1%
NVDA Nvidia Corp. 2.35% 17,730 $2.2M Add +1.0%
IVV iShares Core S&P 500 ETF 2.30% 3,646 $2.1M Reduce -0.1%
PG The Procter & Gamble Co. 2.16% 11,420 $2.0M Reduce -1.0%
PM Philip Morris International 2.05% 15,431 $1.9M Reduce -1.1%
BRK.B Berkshire Hathaway Inc. Class B 1.99% 3,966 $1.8M No change
GOOG Alphabet Inc. Class C 1.98% 10,850 $1.8M No change
JNJ Johnson & Johnson 1.71% 9,681 $1.6M Reduce -0.5%
MO Altria Group Inc. 1.44% 25,760 $1.3M No change
WM Waste Management Inc. 1.39% 6,150 $1.3M No change
GOOGL Alphabet Inc. Class A 1.38% 7,642 $1.3M Add +0.4%
XOM Exxon Mobil Corp. 1.38% 10,774 $1.3M Add +5.0%
HD Home Depot Inc. 1.35% 3,051 $1.2M Reduce -4.4%
LHX L3HARRIS Technologies Inc. 1.33% 5,116 $1.2M No change
PH Parker Hannifin Corp. 1.26% 1,822 $1.2M Reduce -1.6%
GLD SPDR Gold Shares 1.22% 4,600 $1.1M No change
RSG Republic Services Inc. 1.20% 5,465 $1.1M No change
DE Deere & Co. 1.16% 2,540 $1.1M No change
V Visa Inc. Class A 1.11% 3,695 $1.0M Reduce -0.5%
IWS iShares Russell Mid-Cap Valu 1.06% 7,346 $972K Reduce -0.5%
CHD Church & Dwight Co. Inc. 1.04% 9,100 $953K No change
NSC Norfolk Southern Corp. 1.01% 3,740 $929K No change
MAR Marriott International Class A 0.98% 3,592 $893K No change
IWP iShares Russell Mid-Cap Grow 0.93% 7,249 $850K Reduce -4.0%
LLY Eli Lilly & Co. 0.91% 942 $835K Add +4.8%
MA Mastercard Inc. Class A 0.87% 1,620 $800K No change
ETN Eaton Corp. PLC 0.84% 2,322 $770K Add +0.8%
GIS General Mills Inc. 0.84% 10,368 $766K Reduce -0.5%
CVX Chevron Corp. 0.82% 5,122 $754K Add +0.4%
PEP Pepsico Inc. 0.79% 4,261 $725K Add +0.3%
OKE Oneok Inc. 0.78% 7,850 $715K No change
RTX RTX Corp. 0.76% 5,719 $693K Reduce -1.4%
BRK.A 1/100 Berkshire HTWY A Class A 0.75% 100 $691K No change
ORCL Oracle Corp. 0.75% 4,039 $688K No change
COP Conocophillips 0.74% 6,476 $682K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.71% 625 $649K No change
MCD McDonald's Corp. 0.70% 2,111 $643K Add +0.4%
PPG PPG Industries Inc. 0.65% 4,499 $596K No change
AMZN Amazon.com Inc. 0.62% 3,050 $568K No change
NEE Nextera Energy Inc. 0.58% 6,277 $531K No change
JPM JPMorgan Chase & Co. 0.57% 2,460 $519K Reduce -3.3%
WMT Walmart Inc. 0.53% 5,979 $483K No change
TLT iShares 20+ Year Treasury BD 0.51% 4,791 $470K Reduce -8.6%
HPQ HP Inc. 0.51% 13,002 $466K Add +1.1%
ITW Illinois Tool Works 0.51% 1,775 $465K Reduce -10.1%
VRTX Vertex Pharmaceuticals Inc. 0.51% 1,000 $465K No change
PSX Phillips 66 0.49% 3,400 $447K No change
ADBE Adobe Inc. 0.49% 862 $446K No change
GLW Corning Inc. 0.49% 9,872 $446K No change
ABBV Abbvie Inc. 0.48% 2,232 $441K No change
POWERSHARES filed as Invesco QQQ Nasdaq 100 0.48% 900 $439K No change
VZ Verizon Communications Inc. 0.48% 9,726 $437K Reduce -2.3%
TMO Thermo Fisher Scientific Inc. 0.47% 700 $433K No change
MET Metlife Inc. 0.47% 5,233 $432K No change
BDX Becton Dickinson and Co. 0.44% 1,681 $405K Reduce -8.2%
MMM 3M Co. 0.43% 2,853 $390K No change
CAT Caterpillar Inc. 0.40% 933 $365K No change
PFE Pfizer Inc. 0.40% 12,573 $364K Add +7.6%
T AT&T Inc. 0.39% 16,149 $355K Add +0.4%
LOW Lowe's Cos Inc. 0.39% 1,309 $355K No change
DFS Discover Financial Services 0.39% 2,520 $354K No change
IWR iShares Russell Mid-Cap ETF 0.39% 4,005 $353K Reduce -7.2%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.37% 1,287 $339K No change
USB US Bancorp 0.36% 7,278 $333K Add +0.2%
QCOM Qualcomm Inc. 0.36% 1,956 $333K Reduce -1.0%
UNH Unitedhealth Group Inc. 0.36% 561 $328K Reduce -5.1%
FDX FedEx Corp. 0.34% 1,154 $316K No change
PNC PNC Financial Services Group 0.34% 1,697 $314K No change
BMY Bristol-Myers Squibb Co. 0.34% 6,015 $311K Add +8.7%
SO The Southern Co. 0.34% 3,450 $311K No change
VTI VG Morningstar TS MKT ETF-US 0.34% 1,094 $310K No change
IWN iShares Russell 2000 Value E 0.34% 1,848 $308K No change
EFX Equifax Inc. 0.33% 1,025 $301K Reduce -42.3%
IWM iShares Russell 2000 ETF 0.32% 1,324 $292K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.31% 2,321 $281K Add +0.0%
NSRGY Nestle SA-Spons ADR 0.30% 2,700 $272K No change
STX Seagate Technology Ulc 0.30% 2,474 $271K No change
ADP Automatic Data Processing 0.28% 943 $261K No change
HON Honeywell International Inc. 0.28% 1,247 $258K No change
EMR Emerson Electric Co. 0.27% 2,284 $250K Add +3.4%
KO The Coca-Cola Co. 0.27% 3,408 $245K No change
ED Consolidated Edison Inc. 0.27% 2,346 $244K Add +2.7%
SCHA Schwab US Small-Cap ETF 0.26% 4,672 $241K No change
TRV The Travelers Cos Inc. 0.26% 1,020 $239K No change
MRK Merck & Co Inc 0.26% 2,086 $237K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.25% 2,048 $231K No change
AGG iShares Core U.S. Aggregate 0.25% 2,267 $230K No change
SHW The Sherwin-Williams Co. 0.24% 583 $223K New
WFC Wells Fargo & Co. 0.24% 3,884 $219K No change
CLX Clorox Company 0.24% 1,326 $216K New
AXP American Express Co. 0.22% 758 $206K New
BX Blackstone Inc. 0.22% 1,320 $202K New
PAYX Paychex Inc. 0.22% 1,504 $202K New
SCHB Schwab US Broad Market ETF 0.22% 3,022 $201K New

Portfolio Sells Q2 2024 → Q3 2024
INTC Intel Corp. Sold out 0.00% −0.63
SHEL Shell PLC-ADR Sold out 0.00% −0.26
EFX Equifax Inc. Reduce -42.3% 0.33% −0.18
QCOM Qualcomm Inc. Reduce -1.0% 0.36% −0.10
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.8% 2.57% −0.10
PG The Procter & Gamble Co. Reduce -1.0% 2.16% −0.10
SCHX Schwab US Large-Cap ETF Reduce -0.1% 2.52% −0.08
IVV iShares Core S&P 500 ETF Reduce -0.1% 2.30% −0.07
BDX Becton Dickinson and Co. Reduce -8.2% 0.44% −0.07
IWP iShares Russell Mid-Cap Grow Reduce -4.0% 0.93% −0.06
TLT iShares 20+ Year Treasury BD Reduce -8.6% 0.51% −0.06
UNP Union Pacific Corp. Reduce -2.0% 2.79% −0.05
V Visa Inc. Class A Reduce -0.5% 1.11% −0.05
ITW Illinois Tool Works Reduce -10.1% 0.51% −0.05
JPM JPMorgan Chase & Co. Reduce -3.3% 0.57% −0.04
IWR iShares Russell Mid-Cap ETF Reduce -7.2% 0.39% −0.03
AAPL Apple Inc. Reduce -2.5% 3.00% −0.02
VZ Verizon Communications Inc. Reduce -2.3% 0.48% −0.01
UNH Unitedhealth Group Inc. Reduce -5.1% 0.36% +0.00
IWS iShares Russell Mid-Cap Valu Reduce -0.5% 1.06% +0.00
JNJ Johnson & Johnson Reduce -0.5% 1.71% +0.02
HD Home Depot Inc. Reduce -4.4% 1.35% +0.05
GIS General Mills Inc. Reduce -0.5% 0.84% +0.05
RTX RTX Corp. Reduce -1.4% 0.76% +0.07
PH Parker Hannifin Corp. Reduce -1.6% 1.26% +0.14
PM Philip Morris International Reduce -1.1% 2.05% +0.17
ERIE Erie Indemnity Company Class A Reduce -16.2% 14.97% +1.93

Portfolio Buys Q2 2024 → Q3 2024
SHW The Sherwin-Williams Co. New 0.24% +0.24
CLX Clorox Company New 0.24% +0.24
AXP American Express Co. New 0.22% +0.22
BX Blackstone Inc. New 0.22% +0.22
PAYX Paychex Inc. New 0.22% +0.22
SCHB Schwab US Broad Market ETF New 0.22% +0.22
BMY Bristol-Myers Squibb Co. Add +8.7% 0.34% +0.07
MCD McDonald's Corp. Add +0.4% 0.70% +0.07
ED Consolidated Edison Inc. Add +2.7% 0.27% +0.02
T AT&T Inc. Add +0.4% 0.39% +0.02
USB US Bancorp Add +0.2% 0.36% +0.02
PFE Pfizer Inc. Add +7.6% 0.40% +0.01
SJM The JM Smucker Co. Add +0.0% 0.31% +0.01
EMR Emerson Electric Co. Add +3.4% 0.27% −0.02
ETN Eaton Corp. PLC Add +0.8% 0.84% −0.02
XOM Exxon Mobil Corp. Add +5.0% 1.38% −0.02
HPQ HP Inc. Add +1.1% 0.51% −0.03
PEP Pepsico Inc. Add +0.3% 0.79% −0.04
LLY Eli Lilly & Co. Add +4.8% 0.91% −0.06
CVX Chevron Corp. Add +0.4% 0.82% −0.12
NVDA Nvidia Corp. Add +1.0% 2.35% −0.22
GOOGL Alphabet Inc. Class A Add +0.4% 1.38% −0.26
MSFT Microsoft Corp. Add +0.1% 6.12% −0.79

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 110$97.4MMSFT, GOOG, ERIE, SCHX, AAPL
Q1 2026 99$87.2MMSFT, ERIE, GOOG, SCHX, WAB
Q4 2025 105$87.8MMSFT, ERIE, GOOG, AAPL, SPY
Q3 2025 105$91.2MERIE, MSFT, NVDA, AAPL, SPY
Q2 2025 101$86.8MERIE, MSFT, NVDA, PM, SPY
Q1 2025 97$84.2MERIE, MSFT, AAPL, UNP, PM
Q4 2024 96$84.9MERIE, MSFT, AAPL, NVDA, SPY
Q3 2024 100$91.6MERIE, MSFT, AAPL, UNP, WAB
Q2 2024 96$84.2MERIE, MSFT, AAPL, UNP, SPY