$9.39 Billion is the total value of Edgewood Management's 81 reported holdings in Q1 2014. The portfolio turnover from Q4 2013 to Q1 2014 was 14.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GILD | Buy | GILEAD SCIENCES INC | $628,084,000 | -5.3% | 8,863,729 | +0.3% | 6.68% | -9.9% |
| GOOGL | Buy | GOOGLE INCcl a | $607,399,000 | +5.6% | 544,992 | +6.2% | 6.46% | +0.5% |
| CELG | Buy | CELGENE CORP | $580,677,000 | -12.5% | 4,159,578 | +5.9% | 6.18% | -16.7% |
| V | Buy | VISA INC | $551,140,000 | +2.8% | 2,553,228 | +6.1% | 5.87% | -2.2% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $492,518,000 | +21.0% | 1,124,495 | +6.1% | 5.24% | +15.2% |
| AGN | Buy | ALLERGAN INC | $488,804,000 | +36.9% | 3,938,793 | +22.6% | 5.20% | +30.3% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $483,754,000 | +7.0% | 9,560,354 | +113.5% | 5.15% | +1.8% |
| VIAB | Buy | VIACOM INC NEWcl b | $463,266,000 | +12.2% | 5,450,830 | +15.3% | 4.93% | +6.8% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $457,583,000 | +6.2% | 5,589,140 | +3.5% | 4.87% | +1.1% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $456,939,000 | +103046.5% | 16,719,313 | +97937.5% | 4.86% | +97180.0% |
| TROW | Buy | PRICE T ROWE GROUP INC | $446,443,000 | +4.9% | 5,421,286 | +6.7% | 4.75% | -0.1% |
| ILMN | Sell | ILLUMINA INC | $434,080,000 | +1.7% | 2,919,950 | -24.3% | 4.62% | -3.2% |
| IHS | Buy | IHS INCcl a | $415,074,000 | +8.1% | 3,416,249 | +6.5% | 4.42% | +2.9% |
| AMZN | Buy | AMAZON COM INC | $372,142,000 | -10.1% | 1,106,363 | +6.6% | 3.96% | -14.4% |
| QCOM | Buy | QUALCOMM INC | $368,399,000 | +78.3% | 4,671,561 | +67.8% | 3.92% | +69.7% |
| AAPL | Buy | APPLE INC | $359,955,000 | +2.2% | 670,632 | +6.8% | 3.83% | -2.7% |
| ECL | Buy | ECOLAB INC | $275,898,000 | +11.1% | 2,554,849 | +7.2% | 2.94% | +5.7% |
| PCP | Buy | PRECISION CASTPARTS CORP | $264,064,000 | -0.2% | 1,044,723 | +6.4% | 2.81% | -5.0% |
| FTI | Buy | FMC TECHNOLOGIES INC | $263,796,000 | +4.6% | 5,044,859 | +4.5% | 2.81% | -0.4% |
| SSYS | Buy | STRATASYS LTD | $255,644,000 | -0.3% | 2,409,686 | +26.6% | 2.72% | -5.1% |
| EQIX | Buy | EQUINIX INC | $238,372,000 | +13.0% | 1,289,615 | +8.5% | 2.54% | +7.6% |
| ADS | New | ALLIANCE DATA SYSTEMS CORP | $208,153,000 | – | 764,005 | +100.0% | 2.22% | – |
| MMM | 3M CO | $107,173,000 | -3.3% | 790,009 | 0.0% | 1.14% | -7.9% | |
| CL | Buy | COLGATE PALMOLIVE CO | $57,672,000 | -0.5% | 889,038 | +0.0% | 0.61% | -5.2% |
| CME | Sell | CME GROUP INC | $12,190,000 | -97.2% | 164,690 | -97.0% | 0.13% | -97.3% |
| VRTX | Buy | VERTEX PHARMACEUTICALS INC | $11,659,000 | +21.3% | 164,862 | +27.4% | 0.12% | +14.8% |
| XOM | Sell | EXXON MOBIL CORP | $11,405,000 | -4.6% | 116,763 | -1.1% | 0.12% | -9.7% |
| DVY | ISHARESselect divid etf | $7,304,000 | +2.8% | 99,621 | 0.0% | 0.08% | -1.3% | |
| JNJ | Sell | JOHNSON & JOHNSON | $6,848,000 | +4.4% | 69,711 | -2.7% | 0.07% | 0.0% |
| PEP | Sell | PEPSICO INC | $6,478,000 | -6.8% | 77,577 | -7.4% | 0.07% | -11.5% |
| MIE | COHEN & STEERS MLP INC & ENR | $6,396,000 | -2.3% | 357,300 | 0.0% | 0.07% | -6.8% | |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $6,225,000 | +7.8% | 150,155 | -1.3% | 0.07% | +1.5% |
| ABBV | ABBVIE INC | $5,715,000 | -2.7% | 111,196 | 0.0% | 0.06% | -7.6% | |
| ABT | ABBOTT LABS | $4,401,000 | +0.5% | 114,280 | 0.0% | 0.05% | -4.1% | |
| PFE | PFIZER INC | $3,839,000 | +4.9% | 119,533 | 0.0% | 0.04% | 0.0% | |
| BK | Sell | BANK NEW YORK MELLON CORP | $3,233,000 | -2.6% | 91,619 | -3.6% | 0.03% | -8.1% |
| SYY | SYSCO CORP | $3,156,000 | +0.1% | 87,345 | 0.0% | 0.03% | -2.9% | |
| CVX | Sell | CHEVRON CORP NEW | $2,527,000 | -7.2% | 21,254 | -2.5% | 0.03% | -10.0% |
| VOD | New | VODAFONE GROUP PLC NEWspnsr adr no par | $2,346,000 | – | 63,732 | +100.0% | 0.02% | – |
| VZ | Buy | VERIZON COMMUNICATIONS INC | $2,049,000 | +237.6% | 43,079 | +248.8% | 0.02% | +214.3% |
| KO | COCA COLA CO | $2,001,000 | -6.4% | 51,752 | 0.0% | 0.02% | -12.5% | |
| PX | Sell | PRAXAIR INC | $1,818,000 | -38.4% | 13,881 | -38.8% | 0.02% | -42.4% |
| CSCO | Sell | CISCO SYS INC | $1,617,000 | -5.4% | 72,138 | -5.4% | 0.02% | -10.5% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $1,277,000 | +4.1% | 10,221 | -1.3% | 0.01% | 0.0% |
| REGN | REGENERON PHARMACEUTICALS | $751,000 | +9.2% | 2,500 | 0.0% | 0.01% | 0.0% | |
| PPG | PPG INDS INC | $619,000 | +2.0% | 3,200 | 0.0% | 0.01% | 0.0% | |
| VIA | VIACOM INC NEWcl a | $682,000 | -2.8% | 8,000 | 0.0% | 0.01% | -12.5% | |
| HD | HOME DEPOT INC | $703,000 | -3.8% | 8,882 | 0.0% | 0.01% | -12.5% | |
| MON | Buy | MONSANTO CO NEW | $553,000 | +11.5% | 4,863 | +14.3% | 0.01% | 0.0% |
| PG | PROCTER & GAMBLE CO | $591,000 | -1.0% | 7,338 | 0.0% | 0.01% | -14.3% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $562,000 | +5.2% | 3 | 0.0% | 0.01% | 0.0% | |
| SBUX | Buy | STARBUCKS CORP | $534,000 | +7.0% | 7,271 | +14.3% | 0.01% | 0.0% |
| CCI | Buy | CROWN CASTLE INTL CORP | $558,000 | +0.9% | 7,567 | +0.5% | 0.01% | 0.0% |
| ET | ENERGY TRANSFER EQUITY L P | $445,000 | +14.4% | 9,520 | 0.0% | 0.01% | +25.0% | |
| SNA | SNAP ON INC | $467,000 | +3.8% | 4,112 | 0.0% | 0.01% | 0.0% | |
| EBAY | Buy | EBAY INC | $452,000 | +15.0% | 8,175 | +14.3% | 0.01% | +25.0% |
| MAR | MARRIOTT INTL INC NEWcl a | $450,000 | +13.6% | 8,024 | 0.0% | 0.01% | +25.0% | |
| JPM | JPMORGAN CHASE & CO | $460,000 | +3.8% | 7,579 | 0.0% | 0.01% | 0.0% | |
| PCYC | PHARMACYCLICS INC | $501,000 | -5.3% | 5,000 | 0.0% | 0.01% | -16.7% | |
| FCX | FREEPORT-MCMORAN COPPER & GO | $474,000 | -12.2% | 14,319 | 0.0% | 0.01% | -16.7% | |
| CINF | CINCINNATI FINL CORP | $439,000 | -7.0% | 9,012 | 0.0% | 0.01% | 0.0% | |
| REG | REGENCY CTRS CORP | $511,000 | +10.4% | 10,000 | 0.0% | 0.01% | 0.0% | |
| EFX | Sell | EQUIFAX INC | $332,000 | -10.8% | 4,881 | -9.3% | 0.00% | 0.0% |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $410,000 | -6.2% | 2,130 | -8.6% | 0.00% | -20.0% |
| CB | Sell | CHUBB CORP | $411,000 | -22.6% | 4,600 | -16.4% | 0.00% | -33.3% |
| UTX | UNITED TECHNOLOGIES CORP | $397,000 | +2.6% | 3,400 | 0.0% | 0.00% | 0.0% | |
| DLTR | Buy | DOLLAR TREE INC | $336,000 | +5.7% | 6,436 | +14.3% | 0.00% | 0.0% |
| 4945SC | KINDER MORGAN ENERGY PARTNERut ltd partner | $259,000 | -8.2% | 3,500 | 0.0% | 0.00% | 0.0% | |
| ESRX | Buy | EXPRESS SCRIPTS HLDG CO | $279,000 | +21.8% | 3,718 | +14.3% | 0.00% | 0.0% |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $305,000 | +3.0% | 12,000 | 0.0% | 0.00% | 0.0% | |
| A309PS | DIRECTV | $281,000 | +10.6% | 3,671 | 0.0% | 0.00% | 0.0% | |
| DIS | Sell | DISNEY WALT CO | $256,000 | -1.5% | 3,200 | -5.9% | 0.00% | 0.0% |
| PRGO | New | PERRIGO CO PLC | $259,000 | – | 1,677 | +100.0% | 0.00% | – |
| CMA | COMERICA INC | $270,000 | +8.9% | 5,222 | 0.0% | 0.00% | 0.0% | |
| MRK | New | MERCK & CO INC NEW | $318,000 | – | 5,605 | +100.0% | 0.00% | – |
| GE | GENERAL ELECTRIC CO | $272,000 | -7.5% | 10,500 | 0.0% | 0.00% | 0.0% | |
| CRM | New | SALESFORCE COM INC | $231,000 | – | 4,043 | +100.0% | 0.00% | – |
| LLY | New | LILLY ELI & CO | $200,000 | – | 3,400 | +100.0% | 0.00% | – |
| DUK | DUKE ENERGY CORP NEW | $210,000 | +3.4% | 2,944 | 0.0% | 0.00% | 0.0% | |
| RDSB | ROYAL DUTCH SHELL PLCspon adr b | $226,000 | +3.7% | 2,897 | 0.0% | 0.00% | 0.0% | |
| PM | PHILIP MORRIS INTL INC | $205,000 | -6.0% | 2,500 | 0.0% | 0.00% | 0.0% | |
| BA | Exit | BOEING CO | $0 | – | -1,565 | -100.0% | -0.00% | – |
| WYNN | Exit | WYNN RESORTS LTD | $0 | – | -1,510 | -100.0% | -0.00% | – |
| IWF | Exit | ISHARESrus 1000 grw etf | $0 | – | -8,164 | -100.0% | -0.01% | – |
| VOD | Exit | VODAFONE GROUP PLC NEWspons adr new | $0 | – | -114,665 | -100.0% | -0.05% | – |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -42,829 | -100.0% | -0.09% | – |
| CMG | Exit | CHIPOTLE MEXICAN GRILL INC | $0 | – | -537,955 | -100.0% | -3.20% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2014-05-12
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.