Wedgewood Investors Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Wedgewood Investors Inc. reported 96 stock positions worth $84.9 million. Its top holding was Erie Indemnity Class A (ERIE) at 12.3% of the portfolio, followed by Microsoft (MSFT, 6.3%) and Apple (AAPL, 3.4%). Compared with Q3 2024, it sold out of 4, added to 4 and reduced 42. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Erie Indemnity Class A (ERIE, shares −0%).

Most Recent 13F
Q2 2026
Location
ERIE, PA
CIK
0001125243
Portfolio Value
$84.9M (Q4 2024)
SEC Filing
0001125243-25-000001 ↗ filed Jan 30, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q2 2024: $84.2M Q2 2024 Q3 2024: $91.6M Q3 2024 Q4 2024: $84.9M $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 96 stocks · $84.9M
ERIE Erie Indemnity Company Class A 12.29% 25,298 $10.4M Reduce -0.4%
MSFT Microsoft Corp. 6.28% 12,653 $5.3M Reduce -2.8%
AAPL Apple Inc. 3.42% 11,601 $2.9M Reduce -1.5%
NVDA Nvidia Corp. 2.87% 18,135 $2.4M Add +2.3%
SPY SS SPDR S&P 500 ETF Trust-US 2.82% 4,086 $2.4M Reduce -0.3%
UNP Union Pacific Corp. 2.79% 10,378 $2.4M No change
SCHX Schwab US Large-Cap ETF 2.78% 101,758 $2.4M No change
WAB Wabtec Corp. 2.59% 11,589 $2.2M Reduce -13.0%
IVV iShares Core S&P 500 ETF 2.53% 3,643 $2.1M Reduce -0.1%
GOOG Alphabet Inc. Class C 2.37% 10,550 $2.0M Reduce -2.8%
PG The Procter & Gamble Co. 2.25% 11,393 $1.9M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 2.12% 3,966 $1.8M No change
PM Philip Morris International 2.11% 14,872 $1.8M Reduce -3.6%
GOOGL Alphabet Inc. Class A 1.70% 7,642 $1.4M No change
JNJ Johnson & Johnson 1.63% 9,581 $1.4M Reduce -1.0%
MO Altria Group Inc. 1.56% 25,260 $1.3M Reduce -1.9%
WM Waste Management Inc. 1.46% 6,150 $1.2M No change
GLD SPDR Gold Shares 1.37% 4,800 $1.2M Add +4.3%
XOM Exxon Mobil Corp. 1.35% 10,649 $1.1M Reduce -1.2%
PH Parker Hannifin Corp. 1.32% 1,762 $1.1M Reduce -3.3%
V Visa Inc. Class A 1.31% 3,520 $1.1M Reduce -4.7%
DE Deere & Co. 1.27% 2,540 $1.1M No change
LHX L3HARRIS Technologies Inc. 1.26% 5,091 $1.1M Reduce -0.5%
HD Home Depot Inc. 1.19% 2,596 $1.0M Reduce -14.9%
RSG Republic Services Inc. 1.18% 4,965 $999K Reduce -9.2%
IWS iShares Russell Mid-Cap Valu 1.12% 7,346 $950K No change
CHD Church & Dwight Co. Inc. 1.11% 9,015 $944K Reduce -0.9%
IWP iShares Russell Mid-Cap Grow 1.08% 7,249 $919K No change
NSC Norfolk Southern Corp. 1.03% 3,725 $874K Reduce -0.4%
MA Mastercard Inc. Class A 1.00% 1,620 $853K No change
ETN Eaton Corp. PLC 0.91% 2,322 $771K No change
OKE Oneok Inc. 0.88% 7,450 $748K Reduce -5.1%
CVX Chevron Corp. 0.87% 5,122 $742K No change
LLY Eli Lilly & Co. 0.84% 922 $712K Reduce -2.1%
BRK.A 1/100 Berkshire HTWY A Class A 0.80% 100 $681K No change
RTX RTX Corp. 0.78% 5,715 $661K Reduce -0.1%
GIS General Mills Inc. 0.77% 10,313 $658K Reduce -0.5%
AMZN Amazon.com Inc. 0.76% 2,950 $647K Reduce -3.3%
MAR Marriott International Class A 0.75% 2,292 $639K Reduce -36.2%
COP Conocophillips 0.75% 6,439 $639K Reduce -0.6%
PEP Pepsico Inc. 0.74% 4,111 $625K Reduce -3.5%
MCD McDonald's Corp. 0.69% 2,011 $583K Reduce -4.7%
JPM JPMorgan Chase & Co. 0.67% 2,388 $572K Reduce -2.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.65% 525 $553K Reduce -16.0%
WMT Walmart Inc. 0.64% 5,979 $540K No change
PPG PPG Industries Inc. 0.63% 4,499 $537K No change
ORCL Oracle Corp. 0.59% 2,997 $499K Reduce -25.8%
GLW Corning Inc. 0.55% 9,872 $469K No change
POWERSHARES 0.54% 900 $460K No change
NEE Nextera Energy Inc. 0.53% 6,277 $450K No change
DFS Discover Financial Services 0.51% 2,520 $437K No change
MET Metlife Inc. 0.50% 5,233 $428K No change
HPQ HP Inc. 0.50% 13,002 $424K No change
TLT iShares 20+ Year Treasury BD 0.49% 4,791 $418K No change
VRTX Vertex Pharmaceuticals Inc. 0.47% 1,000 $403K No change
ADBE Adobe Inc. 0.45% 862 $383K No change
PSX Phillips 66 0.45% 3,350 $382K Reduce -1.5%
BDX Becton Dickinson and Co. 0.45% 1,681 $381K No change
MMM 3M Co. 0.43% 2,853 $368K No change
TMO Thermo Fisher Scientific Inc. 0.43% 700 $364K No change
T AT&T Inc. 0.43% 15,849 $361K Reduce -1.9%
USB US Bancorp 0.41% 7,278 $348K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.41% 1,287 $347K No change
BMY Bristol-Myers Squibb Co. 0.40% 6,030 $341K Add +0.3%
IWR iShares Russell Mid-Cap ETF 0.40% 3,840 $339K Reduce -4.1%
CAT Caterpillar Inc. 0.40% 933 $338K No change
PFE Pfizer Inc. 0.39% 12,467 $331K Reduce -0.8%
PNC PNC Financial Services Group 0.39% 1,697 $327K No change
FDX FedEx Corp. 0.38% 1,159 $326K Add +0.4%
ITW Illinois Tool Works 0.38% 1,275 $323K Reduce -28.2%
LOW Lowe's Cos Inc. 0.38% 1,309 $323K No change
VTI VG Morningstar TS MKT ETF-US 0.36% 1,064 $308K Reduce -2.7%
IWN iShares Russell 2000 Value E 0.36% 1,848 $303K No change
VZ Verizon Communications Inc. 0.35% 7,383 $295K Reduce -24.1%
IWM iShares Russell 2000 ETF 0.34% 1,324 $293K No change
QCOM Qualcomm Inc. 0.34% 1,856 $285K Reduce -5.1%
SO The Southern Co. 0.33% 3,450 $284K No change
UNH Unitedhealth Group Inc. 0.33% 561 $284K No change
EMR Emerson Electric Co. 0.33% 2,284 $283K No change
HON Honeywell International Inc. 0.33% 1,247 $282K No change
ADP Automatic Data Processing 0.33% 943 $276K No change
EFX Equifax Inc. 0.31% 1,025 $261K No change
WFC Wells Fargo & Co. 0.30% 3,684 $259K Reduce -5.2%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.30% 2,321 $256K No change
TRV The Travelers Cos Inc. 0.29% 1,020 $246K No change
SCHA Schwab US Small-Cap ETF 0.28% 9,344 $242K No change
BX Blackstone Inc. 0.27% 1,320 $228K No change
AXP American Express Co. 0.26% 751 $223K Reduce -0.9%
NSRGY Nestle SA-Spons ADR 0.26% 2,700 $221K No change
CLX Clorox Company 0.25% 1,326 $215K No change
STX Seagate Technology Ulc 0.25% 2,474 $214K No change
KO The Coca-Cola Co. 0.25% 3,408 $212K No change
PAYX Paychex Inc. 0.25% 1,504 $211K No change
ED Consolidated Edison Inc. 0.25% 2,337 $209K Reduce -0.4%
MRK Merck & Co Inc 0.24% 2,086 $208K No change
SCHB Schwab US Broad Market ETF 0.24% 9,074 $206K No change

Portfolio Sells Q3 2024 → Q4 2024
ERIE Erie Indemnity Company Class A Reduce -0.4% 12.29% −2.69
ABBV Abbvie Inc. Sold out 0.00% −0.48
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.25
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.25
SHW The Sherwin-Williams Co. Sold out 0.00% −0.24
MAR Marriott International Class A Reduce -36.2% 0.75% −0.22
ORCL Oracle Corp. Reduce -25.8% 0.59% −0.16
HD Home Depot Inc. Reduce -14.9% 1.19% −0.16
VZ Verizon Communications Inc. Reduce -24.1% 0.35% −0.13
ITW Illinois Tool Works Reduce -28.2% 0.38% −0.13
JNJ Johnson & Johnson Reduce -1.0% 1.63% −0.08
LLY Eli Lilly & Co. Reduce -2.1% 0.84% −0.07
LHX L3HARRIS Technologies Inc. Reduce -0.5% 1.26% −0.07
GIS General Mills Inc. Reduce -0.5% 0.77% −0.06
GWW WW Grainger Inc. Reduce -16.0% 0.65% −0.06
PEP Pepsico Inc. Reduce -3.5% 0.74% −0.05
WAB Wabtec Corp. Reduce -13.0% 2.59% −0.05
PSX Phillips 66 Reduce -1.5% 0.45% −0.04
XOM Exxon Mobil Corp. Reduce -1.2% 1.35% −0.03
QCOM Qualcomm Inc. Reduce -5.1% 0.34% −0.03
RSG Republic Services Inc. Reduce -9.2% 1.18% −0.02
ED Consolidated Edison Inc. Reduce -0.4% 0.25% −0.02
MCD McDonald's Corp. Reduce -4.7% 0.69% −0.02
PFE Pfizer Inc. Reduce -0.8% 0.39% −0.01
COP Conocophillips Reduce -0.6% 0.75% +0.01
IWR iShares Russell Mid-Cap ETF Reduce -4.1% 0.40% +0.01
NSC Norfolk Southern Corp. Reduce -0.4% 1.03% +0.02
RTX RTX Corp. Reduce -0.1% 0.78% +0.02
VTI VG Morningstar TS MKT ETF-US Reduce -2.7% 0.36% +0.03
T AT&T Inc. Reduce -1.9% 0.43% +0.04
AXP American Express Co. Reduce -0.9% 0.26% +0.04
PM Philip Morris International Reduce -3.6% 2.11% +0.06
PH Parker Hannifin Corp. Reduce -3.3% 1.32% +0.06
WFC Wells Fargo & Co. Reduce -5.2% 0.30% +0.07
CHD Church & Dwight Co. Inc. Reduce -0.9% 1.11% +0.07
PG The Procter & Gamble Co. Reduce -0.2% 2.25% +0.09
OKE Oneok Inc. Reduce -5.1% 0.88% +0.10
JPM JPMorgan Chase & Co. Reduce -2.9% 0.67% +0.11
MO Altria Group Inc. Reduce -1.9% 1.56% +0.12
AMZN Amazon.com Inc. Reduce -3.3% 0.76% +0.14
MSFT Microsoft Corp. Reduce -2.8% 6.28% +0.17
V Visa Inc. Class A Reduce -4.7% 1.31% +0.20
IVV iShares Core S&P 500 ETF Reduce -0.1% 2.53% +0.23
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.3% 2.82% +0.25
GOOG Alphabet Inc. Class C Reduce -2.8% 2.37% +0.39
AAPL Apple Inc. Reduce -1.5% 3.42% +0.43

Portfolio Buys Q3 2024 → Q4 2024
NVDA Nvidia Corp. Add +2.3% 2.87% +0.52
GLD SPDR Gold Shares Add +4.3% 1.37% +0.15
BMY Bristol-Myers Squibb Co. Add +0.3% 0.40% +0.06
FDX FedEx Corp. Add +0.4% 0.38% +0.04

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