Wedgewood Partners, an investment management company, released its first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, Wedgewood Composite’s net return was 11.5% compared to the Standard & Poor’s 10.6%, Russell 1000 Growth Index’s 11.4%, and Russell 1000 Value Index’s 9.0% return for the same period. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
Wedgewood Partners featured stocks like Booking Holdings Inc. (NASDAQ:BKNG) in the first quarter 2024 investor letter. Headquartered in Norwalk, Connecticut, Booking Holdings Inc. (NASDAQ:BKNG) provides online travel and restaurant booking services. On April 16, 2024, Booking Holdings Inc. (NASDAQ:BKNG) stock closed at $3,467.77 per share. One-month return of Booking Holdings Inc. (NASDAQ:BKNG) was -1.09%, and its shares gained 28.59% of their value over the last 52 weeks. Booking Holdings Inc. (NASDAQ:BKNG) has a market capitalization of…