$8 Billion is the total value of Edgewood Management's 87 reported holdings in Q3 2013. The portfolio turnover from Q2 2013 to Q3 2013 was 12.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Sell | CELGENE CORP | $612,396,000 | +23.8% | 3,973,063 | -6.1% | 7.66% | +15.0% |
| GILD | Buy | GILEAD SCIENCES INC | $562,909,000 | +38.7% | 8,953,533 | +13.1% | 7.04% | +28.8% |
| V | Sell | VISA INC | $462,731,000 | +4.2% | 2,421,407 | -0.3% | 5.79% | -3.2% |
| GOOGL | Sell | GOOGLE INCcl a | $452,398,000 | -1.7% | 516,489 | -1.2% | 5.66% | -8.7% |
| CME | Sell | CME GROUP INC | $414,028,000 | -3.8% | 5,604,067 | -1.1% | 5.18% | -10.6% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $402,272,000 | +32.4% | 5,426,574 | +30.7% | 5.03% | +23.0% |
| VIAB | Sell | VIACOM INC NEWcl b | $393,996,000 | +17.3% | 4,714,001 | -4.5% | 4.93% | +9.0% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $374,059,000 | +75.3% | 4,555,028 | +33.7% | 4.68% | +62.8% |
| EQIX | Buy | EQUINIX INC | $367,002,000 | +51.1% | 1,998,378 | +52.0% | 4.59% | +40.4% |
| IHS | Buy | IHS INCcl a | $364,282,000 | +10.1% | 3,190,418 | +0.6% | 4.56% | +2.2% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $363,440,000 | +5.4% | 965,903 | +41.7% | 4.54% | -2.1% |
| TROW | Sell | PRICE T ROWE GROUP INC | $333,314,000 | -8.1% | 4,633,866 | -6.5% | 4.17% | -14.6% |
| AMZN | Sell | AMAZON COM INC | $327,687,000 | -10.3% | 1,048,129 | -20.4% | 4.10% | -16.7% |
| ILMN | Sell | ILLUMINA INC | $313,032,000 | -28.6% | 3,872,718 | -33.9% | 3.92% | -33.6% |
| YUM | Buy | YUM BRANDS INC | $312,359,000 | +3.6% | 4,375,386 | +0.7% | 3.91% | -3.7% |
| AAPL | Sell | APPLE INC | $301,103,000 | +20.0% | 631,573 | -0.2% | 3.77% | +11.5% |
| AGN | Sell | ALLERGAN INC | $292,302,000 | +7.2% | 3,231,644 | -0.2% | 3.66% | -0.4% |
| QCOM | Sell | QUALCOMM INC | $237,465,000 | -10.8% | 3,527,407 | -19.0% | 2.97% | -17.1% |
| ECL | Sell | ECOLAB INC | $236,784,000 | -11.2% | 2,397,571 | -23.4% | 2.96% | -17.5% |
| FTI | Buy | FMC TECHNOLOGIES INC | $234,621,000 | +0.3% | 4,233,499 | +0.8% | 2.93% | -6.8% |
| CMG | Sell | CHIPOTLE MEXICAN GRILL INC | $232,148,000 | -14.4% | 541,386 | -27.2% | 2.90% | -20.4% |
| PCP | New | PRECISION CASTPARTS CORP | $150,554,000 | – | 662,534 | +100.0% | 1.88% | – |
| MMM | Sell | 3M CO | $95,955,000 | +8.7% | 803,576 | -0.5% | 1.20% | +1.0% |
| CL | Sell | COLGATE PALMOLIVE CO | $52,753,000 | +2.8% | 889,588 | -0.7% | 0.66% | -4.5% |
| XOM | Buy | EXXON MOBIL CORP | $11,421,000 | -2.9% | 132,735 | +2.0% | 0.14% | -9.5% |
| VRTX | Buy | VERTEX PHARMACEUTICALS INC | $9,841,000 | +11.3% | 129,795 | +17.5% | 0.12% | +3.4% |
| DVY | Sell | ISHARESselect divid etf | $8,085,000 | +3.5% | 121,875 | -0.1% | 0.10% | -3.8% |
| PEP | Sell | PEPSICO INC | $6,879,000 | -5.5% | 86,528 | -2.7% | 0.09% | -12.2% |
| JNJ | Sell | JOHNSON & JOHNSON | $6,440,000 | -0.2% | 74,289 | -1.1% | 0.08% | -6.9% |
| MIE | New | COHEN & STEERS MLP INC & ENR | $6,145,000 | – | 357,500 | +100.0% | 0.08% | – |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $5,970,000 | -1.3% | 159,755 | -0.6% | 0.08% | -7.4% |
| ABBV | Sell | ABBVIE INC | $4,974,000 | +7.4% | 111,196 | -0.8% | 0.06% | 0.0% |
| ABT | ABBOTT LABS | $3,810,000 | -4.8% | 114,780 | 0.0% | 0.05% | -11.1% | |
| VOD | Sell | VODAFONE GROUP PLC NEWspons adr new | $3,848,000 | +19.7% | 109,369 | -2.2% | 0.05% | +11.6% |
| PFE | PFIZER INC | $3,462,000 | +2.5% | 120,533 | 0.0% | 0.04% | -4.4% | |
| SYY | SYSCO CORP | $2,847,000 | -6.8% | 89,445 | 0.0% | 0.04% | -12.2% | |
| PX | Sell | PRAXAIR INC | $2,848,000 | -0.1% | 23,692 | -4.3% | 0.04% | -5.3% |
| BK | BANK NEW YORK MELLON CORP | $2,869,000 | +7.6% | 95,044 | 0.0% | 0.04% | 0.0% | |
| CVX | Sell | CHEVRON CORP NEW | $2,668,000 | +2.4% | 21,957 | -0.3% | 0.03% | -5.7% |
| KO | COCA COLA CO | $1,960,000 | -5.6% | 51,752 | 0.0% | 0.02% | -10.7% | |
| CSCO | Sell | CISCO SYS INC | $1,950,000 | -6.7% | 83,238 | -3.1% | 0.02% | -14.3% |
| EMR | EMERSON ELEC CO | $1,245,000 | +18.6% | 19,250 | 0.0% | 0.02% | +14.3% | |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $1,211,000 | -0.9% | 10,673 | -2.3% | 0.02% | -6.2% |
| MJN | Sell | MEAD JOHNSON NUTRITION CO | $1,031,000 | -99.3% | 13,878 | -99.3% | 0.01% | -99.4% |
| REGN | New | REGENERON PHARMACEUTICALS | $782,000 | – | 2,500 | +100.0% | 0.01% | – |
| PCYC | PHARMACYCLICS INC | $691,000 | +74.1% | 5,000 | 0.0% | 0.01% | +80.0% | |
| HD | HOME DEPOT INC | $750,000 | -2.1% | 9,882 | 0.0% | 0.01% | -10.0% | |
| VIA | VIACOM INC NEWcl a | $670,000 | +22.3% | 8,000 | 0.0% | 0.01% | +14.3% | |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $632,000 | -8.0% | 13,550 | -0.7% | 0.01% | -11.1% |
| IBM | INTERNATIONAL BUSINESS MACHS | $635,000 | -3.2% | 3,430 | 0.0% | 0.01% | -11.1% | |
| PG | Sell | PROCTER & GAMBLE CO | $555,000 | -1.9% | 7,338 | -0.2% | 0.01% | -12.5% |
| PPG | PPG INDS INC | $576,000 | +14.1% | 3,450 | 0.0% | 0.01% | 0.0% | |
| FCX | FREEPORT-MCMORAN COPPER & GO | $474,000 | +20.0% | 14,319 | 0.0% | 0.01% | +20.0% | |
| REG | REGENCY CTRS CORP | $484,000 | -4.7% | 10,000 | 0.0% | 0.01% | -14.3% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $511,000 | +1.0% | 3 | 0.0% | 0.01% | -14.3% | |
| JPM | Sell | JPMORGAN CHASE & CO | $472,000 | -16.3% | 9,129 | -14.5% | 0.01% | -25.0% |
| CB | Sell | CHUBB CORP | $518,000 | +3.8% | 5,800 | -1.7% | 0.01% | -14.3% |
| CCI | Buy | CROWN CASTLE INTL CORP | $474,000 | +47.2% | 6,494 | +45.9% | 0.01% | +50.0% |
| SBUX | STARBUCKS CORP | $464,000 | +17.5% | 6,031 | 0.0% | 0.01% | +20.0% | |
| MON | MONSANTO CO NEW | $421,000 | +5.8% | 4,033 | 0.0% | 0.01% | 0.0% | |
| CINF | CINCINNATI FINL CORP | $425,000 | +2.7% | 9,012 | 0.0% | 0.01% | -16.7% | |
| SNA | Sell | SNAP ON INC | $409,000 | +10.2% | 4,112 | -0.9% | 0.01% | 0.0% |
| EBAY | EBAY INC | $378,000 | +7.7% | 6,780 | 0.0% | 0.01% | 0.0% | |
| SCHW | SCHWAB CHARLES CORP NEW | $339,000 | -0.6% | 16,054 | 0.0% | 0.00% | -20.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $313,000 | +9.8% | 4,760 | 0.0% | 0.00% | 0.0% | |
| GE | Sell | GENERAL ELECTRIC CO | $311,000 | -18.8% | 13,000 | -21.2% | 0.00% | -20.0% |
| BNY | BLACKROCK N Y MUN INCOME TRsh ben int | $308,000 | -7.2% | 23,500 | 0.0% | 0.00% | 0.0% | |
| DLTR | Sell | DOLLAR TREE INC | $305,000 | -14.1% | 5,338 | -23.5% | 0.00% | -20.0% |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $296,000 | -1.0% | 12,000 | 0.0% | 0.00% | 0.0% | |
| MAR | MARRIOTT INTL INC NEWcl a | $337,000 | +4.0% | 8,024 | 0.0% | 0.00% | 0.0% | |
| NEE | Sell | NEXTERA ENERGY INC | $317,000 | -43.6% | 3,950 | -42.8% | 0.00% | -50.0% |
| EFX | Sell | EQUIFAX INC | $337,000 | -12.5% | 5,631 | -13.8% | 0.00% | -20.0% |
| UTX | UNITED TECHNOLOGIES CORP | $259,000 | +16.1% | 2,400 | 0.0% | 0.00% | 0.0% | |
| A309PS | DIRECTV | $219,000 | -3.1% | 3,671 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $219,000 | +1.9% | 3,400 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $205,000 | -1.4% | 5,222 | 0.0% | 0.00% | 0.0% | |
| K | KELLOGG CO | $270,000 | -8.5% | 4,600 | 0.0% | 0.00% | -25.0% | |
| 4945SC | KINDER MORGAN ENERGY PARTNERut ltd partner | $279,000 | -6.7% | 3,500 | 0.0% | 0.00% | -25.0% | |
| LLY | Sell | LILLY ELI & CO | $247,000 | +0.4% | 4,900 | -2.0% | 0.00% | 0.0% |
| NSC | New | NORFOLK SOUTHERN CORP | $209,000 | – | 2,700 | +100.0% | 0.00% | – |
| PM | PHILIP MORRIS INTL INC | $216,000 | -0.5% | 2,500 | 0.0% | 0.00% | 0.0% | |
| PGX | POWERSHARES GLOBAL ETF TRUSTagg pfd port | $219,000 | -3.9% | 16,000 | 0.0% | 0.00% | 0.0% | |
| GLD | New | SPDR GOLD TRUST | $256,000 | – | 2,000 | +100.0% | 0.00% | – |
| MHN | BLACKROCK MUNIHLDGS NY QLTY | $237,000 | -8.1% | 18,425 | 0.0% | 0.00% | 0.0% | |
| BSV | VANGUARD BD INDEX FD INCshort trm bond | $201,000 | +0.5% | 2,500 | 0.0% | 0.00% | 0.0% | |
| WYNN | New | WYNN RESORTS LTD | $239,000 | – | 1,510 | +100.0% | 0.00% | – |
| MYN | BLACKROCK MUNIYIELD NY QLTY | $158,000 | -8.7% | 12,770 | 0.0% | 0.00% | 0.0% | |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -381 | -100.0% | -0.00% | – |
| M | Exit | MACYS INC | $0 | – | -4,438 | -100.0% | -0.00% | – |
| MRK | Exit | MERCK & CO INC NEW | $0 | – | -6,000 | -100.0% | -0.00% | – |
| DUK | Exit | DUKE ENERGY CORP NEW | $0 | – | -6,610 | -100.0% | -0.01% | – |
| APH | Exit | AMPHENOL CORP NEWcl a | $0 | – | -14,800 | -100.0% | -0.02% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2013-11-04
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.