Wedgewood Partners Q1 2026 Top-Performing Contributors And Detractors

Wedgewood Partners128 FollowersFollow5ShareSavePlay(12min)CommentsSummaryTaiwan Semiconductor Manufacturing Company guided to accelerating revenue growth to +30% in 2026 as demand for compute accelerators for AI applications continues to ramp unabated.Old Dominion maintains a significant buffer of spare capacity, which helps capture more of the economics during an expansion.Chubb grew core operating income by +25% on +8% growth in net premiums and achieved a record-low combined ratio.The more-than-doubling of the Company's backlog and the tripling of its commercial bookings suggest returns on invested capital from this capex cycle are likely to remain strong.The forward earnings multiple on Meta has fallen to levels more consistent with much slower growth than the Company has guided to. utah778/iStock via Getty Images The following segment was excerpted from the Wedgewood Partners Q1 2026 Client Letter. Top-performing contributors in the first quarter include Taiwan Semiconductor Manufacturing (TSM), Alphabet (GOOGL), Chubb (CB), Old DominionThis article was written byWedgewood Partners128 FollowersFollowWedgewood Partners are a privately held and employee-owned with staff tenure that dates to the firm’s founding. Wedgewood Partners' enjoy a culture of compliance that’s demonstrated through dedicated customer service, a strict code of ethics, and operational efficiency with detailed policies and procedures. Wedgewood Partners' prudent approach to managing investments is based on a fiduciary relationship with each of its clients to act as a trusted investment advisor, generally considered the highest legal duty one party can have to another. As a SEC Registered Investment Advisor, Wedgewood Partners has a legal and moral obligation to always act in its clients’ best interests—a responsibility it takes seriously. Note: This account is not managed or monitored by Wedgewood Partners, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Wedgewood Partners’ official channels.