David Rolfe Portfolio Analysis (December 31, 2021)

Famous superinvestor, David Rolfe, revealed in a recent regulatory filing his newest positions.  In David Rolfe portfolio 2021 analysis, we will go into more detail about top 5 stocks this superinvestor had as of December 31, 2021.

Rolfe manages his investments via his fund, Wedgewood Partners, which holds about $0.8 billion according to the latest available 13F filling. Click here for the latest available 13F filling.

The most notable stocks in David Rolfe’s Q4 portfolio include Apple, Facebook, Alphabet Inc. Cl A, Tractor Supply Comp and Edwards Lifesciences. In addition to others mentioned in detail below.

We used the Q4 portfolio of David Rolfe’s Wedgewood Partners to select his top 5 value stocks. We ranked the securities according to Rolfe’s stake value in each holding.

Summary

• David Rolfe’s top 5 securities make up 36.4% of the entire portfolio.
• Wedgewood Partners owns position in 40 holdings, managing approximately $0.8 billion.
• Apple, Rolfe’s largest holding, makes up 8.7% of the total portfolio.

Apple (AAPL)

Wedgewood Partners’s stake value: $65.2 Million

Percentage of Wedgewood Partners’s 13F Portfolio: 8.7%

Apple Inc does business in Electronic Computer Manufacturing industry, which is Manufacturing sector and has 147000 employees. Current CEO is Timothy Cook.

As of February 16, 2022 Apple had a market cap of $2.819T Million. Analysts predicted 1 year target price of $192.52 that exceeds the current price of $171.85 for 12.0%. Trailing twelve months P/E ratio is currently 28.72 making it a slightly more expensive stock than the rest of the S&P500 index. Looking at revenue, Apple generated significant amount of revenue, $365817 million in 2021, surging by 33.3% in comparison to 2020 when it was $274515 million. Net income surged according to the latest fillings, jumping in 2021 by around 64.9% adding up to total of $94680.0 million. Besides, profit margin, which levels at 25.9%, shows an improvement, comparing to the previous years.

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.

Facebook (FB)

Wedgewood Partners’s stake value: $57.2 Million

Percentage of Wedgewood Partners’s 13F Portfolio: 7.6%

Meta Platforms Inc does business in Data Processing, Hosting, and Related Servicesindustry, which is Information sector and has 58604 employees. Current CEO is Mark Zuckerberg.

As of February 16, 2022 Facebook had a market cap of $586.483 Million. Analysts predicted 1 year target price of $335.58 that exceeds the current price of $212.41 for 58.0%. Trailing twelve months P/E ratio is currently 15.65 making it a slightly cheaper stock than the rest of the S&P500 index. Looking at revenue, Facebook generated significant amount of revenue, $117929 million in 2021, surging by 37.2% in comparison to 2020 when it was $85965 million. Net income surged according to the latest fillings, jumping in 2021 by around 35.1% adding up to total of $39370.0 million. Besides, profit margin, which levels at 33.4%, shows an improvement, comparing to the previous years.

Facebook’s mission is to give people the power to build community and bring the world closer together.

Alphabet Inc. Cl A (GOOGL)

Wedgewood Partners’s stake value: $56.9 Million

Percentage of Wedgewood Partners’s 13F Portfolio: 7.5%

Alphabet Inc does business in Information sector and has 135301 employees. Current CEO is Sundar Pichai.

As of February 16, 2022 Alphabet Inc. Cl A had a market cap of $1.816T Million. Analysts predicted 1 year target price of $3454.77 that exceeds the current price of $2732.93 for 26.4%. Trailing twelve months P/E ratio is currently 24.51 making it a slightly cheaper stock than the rest of the S&P500 index. Looking at revenue, Alphabet Inc. Cl A generated significant amount of revenue, $257637 million in 2021, surging by 41.2% in comparison to 2020 when it was $182527 million. Net income surged according to the latest fillings, jumping in 2021 by around 88.8% adding up to total of $76033.0 million. Further, in 2021, the net profit margin, was at 29.5%, shows an improvement compared the company’s previous years of operation.

Google provides wide range of popular products and platforms like Search, Maps, Ads, Gmail, Android, Chrome, Google Cloud and YouTube. In October 2015, Alphabet became the parent holding company of Google.

Tractor Supply Comp (TSCO)

Wedgewood Partners’s stake value: $49.3 Million

Percentage of Wedgewood Partners’s 13F Portfolio: 6.5%

Tractor Supply Co. does business in Wholesale Trade sector and has 30500 employees. Current CEO is Harry Lawton.

As of February 16, 2022 Tractor Supply Comp had a market cap of $24.357 Million. Analysts predicted 1 year target price of $241.5 that exceeds the current price of $218.39 for 10.6%. Trailing twelve months P/E ratio is currently 24.86 making it a slightly cheaper stock than the rest of the S&P500 index. If we look at revenue, Tractor Supply Comp generated high $12731 million revenue in 2021 which is a considerable increase of 19.9% compared to 2020 when it was $10620 million. Net income surged according to the latest fillings, jumping in 2021 by around 33.1% adding up to total of $997.114 million. Besides, profit margin, which levels at 7.8%, shows an improvement, comparing to the previous years.

Tractor Supply Company, the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, as a one-stop shop for recreational farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years.

Edwards Lifesciences (EW)

Wedgewood Partners’s stake value: $45.7 Million

Percentage of Wedgewood Partners’s 13F Portfolio: 6.1%

Edwards Lifesciences Corp does business in Manufacturing sector and has 14900 employees. Current CEO is Michael Mussallem.

As of February 16, 2022 Edwards Lifesciences had a market cap of $68.796 Million. Analysts predicted 1 year target price of $129.55 that exceeds the current price of $110.21 for 17.5%. Trailing twelve months P/E ratio is currently 46.38 making it overly expensive stock than the rest of the S&P500 index. If we look at revenue, Edwards Lifesciences generated high $5232 million revenue in 2021 which is a considerable increase of 19.3% compared to 2020 when it was $4386 million. Net income surged according to the latest fillings, jumping in 2021 by around 82.5% adding up to total of $1503.1 million. Further, in 2021, the net profit margin, was at 28.7%, shows an improvement compared the company’s previous years of operation.

Edwards Lifesciences is the global leader of patient-focused innovations for structural heart disease and critical care monitoring.

Conclusion

To conclude, here is the list of the top 5 holdings and most recent financial indicators of these positions as of February 16, 2022.

Stock	% of portfolio	Market Cap (USD)	P/E	Net earnings (USDm)	Net earnings y/y	Profit margin
Apple (AAPL)	8.7%	2.819T	28.7	94680	64.9%	25.9%
Facebook (FB)	7.6%	586.483B	15.7	39370	35.1%	33.4%
Alphabet Inc. Cl A (GOOGL)	7.5%	1.816T	24.5	76033	88.8%	29.5%
Tractor Supply Comp (TSCO)	6.5%	24.357B	24.9	997	33.1%	7.8%
Edwards Lifesciences (EW)	6.1%	68.796B	46.4	1503	82.5%	28.7%

Canadians can find the above stocks on Questrade.

Other investors can use Interactive Brokers or eToro.

Disclosure & Disclaimer: Please take into consideration that this is not financial, investing, or tax advice. The information on this website is for informational and recreational purposes only. Before any financial decision do your own due diligence. Some of the links are affiliates, and I may earn a small commission when you make a purchase through them at no additional cost to you.