$50.4 Billion is the total value of Edgewood Management's 81 reported holdings in Q4 2020. The portfolio turnover from Q3 2020 to Q4 2020 was 6.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PYPL | Sell | PAYPAL HLDGS INC | $3,344,112,000 | +16.0% | 14,278,871 | -2.4% | 6.63% | +4.6% |
| SNAP | Sell | SNAP INCcl a | $3,113,015,000 | +58.5% | 62,173,253 | -17.4% | 6.17% | +42.8% |
| V | Sell | VISA INC | $2,969,513,000 | +5.7% | 13,576,157 | -3.3% | 5.89% | -4.7% |
| NVDA | Buy | NVIDIA CORPORATION | $2,651,273,000 | -2.2% | 5,077,121 | +1.3% | 5.26% | -11.9% |
| ISRG | Sell | INTUITIVE SURGICAL INC | $2,596,729,000 | +12.7% | 3,174,097 | -2.2% | 5.15% | +1.6% |
| FB | Sell | FACEBOOK INCcl a | $2,589,292,000 | +1.7% | 9,479,031 | -2.5% | 5.13% | -8.4% |
| ILMN | Sell | ILLUMINA INC | $2,570,135,000 | +16.3% | 6,946,312 | -2.9% | 5.10% | +4.8% |
| ALGN | Sell | ALIGN TECHNOLOGY INC | $2,465,426,000 | +45.1% | 4,613,620 | -11.1% | 4.89% | +30.8% |
| INTU | Sell | INTUIT | $2,370,483,000 | +13.8% | 6,240,576 | -2.3% | 4.70% | +2.5% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $2,294,924,000 | +19.7% | 8,621,374 | -1.8% | 4.55% | +7.9% |
| ADBE | Sell | ADOBE SYSTEMS INCORPORATED | $2,271,413,000 | +1.8% | 4,541,736 | -0.2% | 4.50% | -8.3% |
| AMT | Sell | AMERICAN TOWER CORP NEW | $2,139,191,000 | -10.1% | 9,530,389 | -3.1% | 4.24% | -18.9% |
| EQIX | Buy | EQUINIX INC | $2,124,631,000 | -5.2% | 2,974,924 | +0.9% | 4.21% | -14.5% |
| NKE | Sell | NIKE INCcl b | $2,120,617,000 | +10.0% | 14,989,871 | -2.4% | 4.20% | -0.8% |
| MSFT | Buy | MICROSOFT CORP | $2,115,590,000 | +15.9% | 9,511,690 | +9.6% | 4.19% | +4.4% |
| AMZN | Sell | AMAZON COM INC | $2,101,251,000 | +0.9% | 645,163 | -2.4% | 4.17% | -9.0% |
| SPGI | Buy | S&P GLOBAL INC | $1,858,983,000 | +1.7% | 5,655,044 | +11.6% | 3.68% | -8.4% |
| DHR | Buy | DANAHER CORPORATION | $1,857,046,000 | +116.1% | 8,359,799 | +109.5% | 3.68% | +94.8% |
| INFO | Sell | IHS MARKIT LTD | $1,746,759,000 | +8.6% | 19,445,167 | -5.1% | 3.46% | -2.2% |
| CME | Sell | CME GROUP INC | $1,661,198,000 | +3.6% | 9,124,955 | -4.8% | 3.29% | -6.7% |
| NFLX | Sell | NETFLIX INC | $1,627,368,000 | +5.6% | 3,009,576 | -2.4% | 3.23% | -4.9% |
| CMG | New | CHIPOTLE MEXICAN GRILL INC | $1,555,057,000 | – | 1,121,400 | +100.0% | 3.08% | – |
| CL | COLGATE PALMOLIVE CO | $66,838,000 | +10.8% | 781,638 | 0.0% | 0.13% | 0.0% | |
| AAPL | Sell | APPLE INC | $56,936,000 | +11.0% | 429,088 | -3.1% | 0.11% | 0.0% |
| MMM | Buy | 3M CO | $54,021,000 | +9.1% | 309,065 | +0.0% | 0.11% | -1.8% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $15,979,000 | +88.3% | 42,737 | +68.6% | 0.03% | +68.4% |
| VRTX | VERTEX PHARMACEUTICALS INC | $9,238,000 | -13.2% | 39,088 | 0.0% | 0.02% | -21.7% | |
| ABBV | ABBVIE INC | $8,623,000 | +22.3% | 80,480 | 0.0% | 0.02% | +6.2% | |
| ABT | ABBOTT LABS | $8,071,000 | +0.6% | 73,714 | 0.0% | 0.02% | -11.1% | |
| GILD | Sell | GILEAD SCIENCES INC | $5,360,000 | -8.8% | 92,008 | -1.1% | 0.01% | -15.4% |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $5,303,000 | +5.6% | 84,571 | 0.0% | 0.01% | 0.0% | |
| PLD | PROLOGIS INC. | $4,902,000 | -0.9% | 49,190 | 0.0% | 0.01% | -9.1% | |
| RPRX | Buy | ROYALTY PHARMA PLC | $4,830,000 | +27.6% | 96,500 | +7.2% | 0.01% | +25.0% |
| DVY | Sell | ISHARES TRselect divid etf | $4,991,000 | +17.6% | 51,891 | -0.3% | 0.01% | +11.1% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $4,457,000 | -99.7% | 2,543 | -99.7% | 0.01% | -99.7% |
| BMY | Buy | BRISTOL-MYERS SQUIBB CO | $4,751,000 | +5.9% | 76,599 | +3.0% | 0.01% | -10.0% |
| DLR | DIGITAL RLTY TR INC | $3,920,000 | -4.9% | 28,101 | 0.0% | 0.01% | -11.1% | |
| PEP | Sell | PEPSICO INC | $4,172,000 | -0.5% | 28,134 | -7.0% | 0.01% | -11.1% |
| SYY | SYSCO CORP | $2,976,000 | +19.4% | 40,074 | 0.0% | 0.01% | +20.0% | |
| JNJ | Sell | JOHNSON & JOHNSON | $3,077,000 | +5.1% | 19,552 | -0.6% | 0.01% | 0.0% |
| PFE | PFIZER INC | $3,192,000 | +0.3% | 86,728 | 0.0% | 0.01% | -14.3% | |
| ARWR | ARROWHEAD PHARMACEUTICALS IN | $1,918,000 | +78.3% | 25,000 | 0.0% | 0.00% | +100.0% | |
| JPM | JPMORGAN CHASE & CO | $2,264,000 | +32.0% | 17,814 | 0.0% | 0.00% | 0.0% | |
| CSCO | Sell | CISCO SYS INC | $1,275,000 | +11.8% | 28,493 | -1.5% | 0.00% | 0.0% |
| NEE | NEXTERA ENERGY INC | $1,728,000 | +11.2% | 22,400 | 0.0% | 0.00% | 0.0% | |
| KO | COCA COLA CO | $1,518,000 | +11.0% | 27,680 | 0.0% | 0.00% | 0.0% | |
| BMRN | Buy | BIOMARIN PHARMACEUTICAL INC | $1,315,000 | +72.8% | 15,000 | +50.0% | 0.00% | +50.0% |
| URI | UNITED RENTALS INC | $928,000 | +33.0% | 4,000 | 0.0% | 0.00% | 0.0% | |
| BK | Sell | BANK NEW YORK MELLON CORP | $1,261,000 | +4.0% | 29,704 | -15.9% | 0.00% | -33.3% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $1,043,000 | +8.6% | 3 | 0.0% | 0.00% | 0.0% | |
| BRKB | BERKSHIRE HATHAWAY INC DELcl b new | $1,052,000 | +8.9% | 4,538 | 0.0% | 0.00% | 0.0% | |
| ECL | Sell | ECOLAB INC | $1,232,000 | -99.8% | 5,696 | -99.8% | 0.00% | -99.8% |
| TSLA | TESLA INC | $1,059,000 | +64.4% | 1,500 | 0.0% | 0.00% | +100.0% | |
| VOD | Buy | VODAFONE GROUP PLC NEWsponsored adr | $819,000 | +48.4% | 49,697 | +20.9% | 0.00% | +100.0% |
| LAC | LITHIUM AMERS CORP NEW | $628,000 | +10.2% | 50,000 | 0.0% | 0.00% | 0.0% | |
| T | AT&T INC | $472,000 | +0.9% | 16,400 | 0.0% | 0.00% | 0.0% | |
| VZ | VERIZON COMMUNICATIONS INC | $583,000 | -1.2% | 9,916 | 0.0% | 0.00% | 0.0% | |
| BX | BLACKSTONE GROUP INC | $583,000 | +24.0% | 9,000 | 0.0% | 0.00% | 0.0% | |
| BNY | BLACKROCK N Y MUN INCOME TRUsh ben int | $511,000 | +7.6% | 35,000 | 0.0% | 0.00% | 0.0% | |
| ZTS | ZOETIS INCcl a | $592,000 | 0.0% | 3,580 | 0.0% | 0.00% | 0.0% | |
| PRTA | New | PROTHENA CORP PLC | $300,000 | – | 25,000 | +100.0% | 0.00% | – |
| MRK | MERCK & CO. INC | $640,000 | -1.4% | 7,818 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $373,000 | +66.5% | 14,319 | 0.0% | 0.00% | – | |
| XOM | Sell | EXXON MOBIL CORP | $551,000 | +19.5% | 13,356 | -0.5% | 0.00% | 0.0% |
| PG | PROCTER AND GAMBLE CO | $306,000 | 0.0% | 2,200 | 0.0% | 0.00% | 0.0% | |
| QCOM | QUALCOMM INC | $261,000 | +29.9% | 1,711 | 0.0% | 0.00% | – | |
| ETG | EATON VANCE TX ADV GLBL DIV | $310,000 | +22.5% | 17,000 | 0.0% | 0.00% | 0.0% | |
| DUK | DUKE ENERGY CORP NEW | $516,000 | +3.4% | 5,634 | 0.0% | 0.00% | 0.0% | |
| SCHW | Sell | SCHWAB CHARLES CORP | $366,000 | +10.9% | 6,900 | -24.2% | 0.00% | 0.0% |
| DIS | DISNEY WALT CO | $471,000 | +45.8% | 2,600 | 0.0% | 0.00% | 0.0% | |
| SEER | New | SEER INC | $281,000 | – | 5,000 | +100.0% | 0.00% | – |
| DRNA | DICERNA PHARMACEUTICALS INC | $551,000 | +22.4% | 25,000 | 0.0% | 0.00% | 0.0% | |
| SYK | STRYKER CORPORATION | $392,000 | +17.7% | 1,600 | 0.0% | 0.00% | 0.0% | |
| CGNX | COGNEX CORP | $684,000 | +23.5% | 8,516 | 0.0% | 0.00% | 0.0% | |
| NLY | Buy | ANNALY CAPITAL MANAGEMENT IN | $397,000 | +25.2% | 47,000 | +5.6% | 0.00% | 0.0% |
| VTRS | New | VIATRIS INC | $202,000 | – | 10,757 | +100.0% | 0.00% | – |
| ARMP | ARMATA PHARMACEUTICALS INC | $119,000 | -7.0% | 40,000 | 0.0% | 0.00% | – | |
| KIN | KINDRED BIOSCIENCES INC | $129,000 | 0.0% | 30,000 | 0.0% | 0.00% | – | |
| HD | Sell | HOME DEPOT INC | $206,000 | -12.0% | 777 | -7.8% | 0.00% | -100.0% |
| ET | ENERGY TRANSFER LP | $90,000 | +13.9% | 14,584 | 0.0% | 0.00% | – | |
| BMYRT | BRISTOL-MYERS SQUIBB COright 99/99/9999 | $51,000 | -69.3% | 73,599 | 0.0% | 0.00% | – | |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -3,991 | -100.0% | -0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2021-02-12
About Edgewood Management
Edgewood Management is a privately owned investment management firm that was founded in 1974. The company is headquartered in New York City and manages over $20 billion in assets for its clients. The firm is known for its long-term investment approach and its focus on high-quality growth companies.
The company's investment philosophy is centered around investing in companies that have strong competitive advantages, high-quality management teams, and sustainable growth prospects. Edgewood Management's investment team is led by CEO and Chief Investment Officer, William C. Ruane, who has been with the firm since its inception. The team also includes several other experienced investment professionals who have a deep understanding of the markets and the companies in which they invest.
Edgewood Management's investment strategy has been successful over the years, with the firm consistently outperforming its benchmarks. The company's flagship fund, the Edgewood Growth Fund, has delivered an average annual return of over 15% since its inception in 1974. The fund has also been recognized by Morningstar as a top-performing fund in its category.
Overall, Edgewood Management is a well-respected investment management firm that has a long track record of success. The company's focus on high-quality growth companies and its experienced investment team make it a strong choice for investors who are looking for a long-term investment strategy.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| VISA INC | 42 | Q3 2023 | 7.8% |
| ILLUMINA INC | 42 | Q3 2023 | 6.6% |
| AMAZON COM INC | 42 | Q3 2023 | 7.4% |
| AMERICAN TOWER CORP NEW | 42 | Q3 2023 | 6.4% |
| INTUITIVE SURGICAL INC | 42 | Q3 2023 | 6.3% |
| CME GROUP INC | 42 | Q3 2023 | 5.8% |
| GILEAD SCIENCES INC | 42 | Q3 2023 | 7.5% |
| APPLE INC | 42 | Q3 2023 | 4.7% |
| 3M CO | 42 | Q3 2023 | 1.2% |
| COLGATE PALMOLIVE CO | 42 | Q3 2023 | 0.7% |
View Edgewood Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| ALIGN TECHNOLOGY INC | February 14, 2023 | 3,409,145 | 4.4% |
| ILLUMINA, INC. | February 14, 2023 | 6,478,370 | 4.1% |
| Snap Inc | February 14, 2023 | 49,000 | 0.0% |
| ALLIANCE DATA SYSTEMS CORPSold out | February 14, 2019 | 0 | 0.0% |
| IHS Inc. | February 11, 2016 | 4,335,863 | 6.5% |
| STRATASYS LTD.Sold out | February 11, 2016 | 0 | 0.0% |
| QUANTA SERVICES INC | February 09, 2011 | 9,790,289 | 4.6% |
| COVANCE INCSold out | September 08, 2010 | 0 | 0.0% |
View Edgewood Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-11 |
| 13F-HR | 2023-05-12 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| 13F-HR | 2023-02-13 |
View Edgewood Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.