$9.86 Billion is the total value of Edgewood Management's 81 reported holdings in Q2 2014. The portfolio turnover from Q1 2014 to Q2 2014 was 7.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Buy | CELGENE CORP | $680,722,000 | +17.2% | 7,926,431 | +90.6% | 6.90% | +11.7% |
| GILD | Sell | GILEAD SCIENCES INC | $654,992,000 | +4.3% | 7,900,042 | -10.9% | 6.64% | -0.6% |
| ILMN | Buy | ILLUMINA INC | $585,276,000 | +34.8% | 3,278,125 | +12.3% | 5.94% | +28.5% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $555,841,000 | +14.9% | 11,364,561 | +18.9% | 5.64% | +9.5% |
| V | Sell | VISA INC | $506,607,000 | -8.1% | 2,404,286 | -5.8% | 5.14% | -12.4% |
| AGN | Sell | ALLERGAN INC | $453,903,000 | -7.1% | 2,682,326 | -31.9% | 4.60% | -11.5% |
| AMZN | Buy | AMAZON COM INC | $444,738,000 | +19.5% | 1,369,352 | +23.8% | 4.51% | +13.9% |
| AMT | Sell | AMERICAN TOWER CORP NEW | $444,732,000 | -2.8% | 4,942,568 | -11.6% | 4.51% | -7.4% |
| TROW | Sell | PRICE T ROWE GROUP INC | $438,999,000 | -1.7% | 5,200,797 | -4.1% | 4.45% | -6.3% |
| IHS | Sell | IHS INCcl a | $436,438,000 | +5.1% | 3,216,909 | -5.8% | 4.43% | +0.2% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $435,381,000 | -4.7% | 16,167,122 | -3.3% | 4.42% | -9.2% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $422,694,000 | +103.1% | 1,502,911 | +96.7% | 4.29% | +93.5% |
| VIAB | Sell | VIACOM INC NEWcl b | $420,261,000 | -9.3% | 4,845,620 | -11.1% | 4.26% | -13.6% |
| AAPL | Buy | APPLE INC | $419,500,000 | +16.5% | 4,514,154 | +573.1% | 4.26% | +11.1% |
| EQIX | Buy | EQUINIX INC | $380,357,000 | +59.6% | 1,810,446 | +40.4% | 3.86% | +52.1% |
| QCOM | Sell | QUALCOMM INC | $353,721,000 | -4.0% | 4,466,170 | -4.4% | 3.59% | -8.5% |
| SSYS | Buy | STRATASYS LTD | $311,677,000 | +21.9% | 2,742,911 | +13.8% | 3.16% | +16.2% |
| GOOGL | Sell | GOOGLE INCcl a | $303,040,000 | -50.1% | 518,309 | -4.9% | 3.07% | -52.5% |
| GOOG | New | GOOGLE INCcl c | $299,466,000 | – | 520,557 | +100.0% | 3.04% | – |
| FTI | Sell | FMC TECHNOLOGIES INC | $296,894,000 | +12.5% | 4,861,528 | -3.6% | 3.01% | +7.2% |
| ECL | Sell | ECOLAB INC | $273,553,000 | -0.8% | 2,456,913 | -3.8% | 2.77% | -5.5% |
| PCP | Sell | PRECISION CASTPARTS CORP | $250,831,000 | -5.0% | 993,785 | -4.9% | 2.54% | -9.5% |
| ISRG | Sell | INTUITIVE SURGICAL INC | $205,522,000 | -58.3% | 499,081 | -55.6% | 2.08% | -60.2% |
| MMM | Sell | 3M CO | $112,955,000 | +5.4% | 788,571 | -0.2% | 1.15% | +0.4% |
| CL | Sell | COLGATE PALMOLIVE CO | $60,247,000 | +4.5% | 883,640 | -0.6% | 0.61% | -0.5% |
| XOM | Sell | EXXON MOBIL CORP | $11,076,000 | -2.9% | 110,012 | -5.8% | 0.11% | -7.4% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $9,947,000 | -14.7% | 105,060 | -36.3% | 0.10% | -18.5% |
| MIE | COHEN & STEERS MLP INC & ENR | $7,593,000 | +18.7% | 357,300 | 0.0% | 0.08% | +13.2% | |
| DVY | Sell | ISHARESselect divid etf | $7,262,000 | -0.6% | 94,337 | -5.3% | 0.07% | -5.1% |
| JNJ | Sell | JOHNSON & JOHNSON | $6,854,000 | +0.1% | 65,511 | -6.0% | 0.07% | -4.1% |
| CME | Sell | CME GROUP INC | $6,594,000 | -45.9% | 92,945 | -43.6% | 0.07% | -48.5% |
| PEP | Sell | PEPSICO INC | $6,384,000 | -1.5% | 71,453 | -7.9% | 0.06% | -5.8% |
| ABBV | ABBVIE INC | $6,276,000 | +9.8% | 111,196 | 0.0% | 0.06% | +4.9% | |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $6,340,000 | +1.8% | 143,255 | -4.6% | 0.06% | -3.0% |
| ABT | Sell | ABBOTT LABS | $4,612,000 | +4.8% | 112,757 | -1.3% | 0.05% | 0.0% |
| BK | BANK NEW YORK MELLON CORP | $3,434,000 | +6.2% | 91,619 | 0.0% | 0.04% | +2.9% | |
| PFE | Sell | PFIZER INC | $3,323,000 | -13.4% | 111,969 | -6.3% | 0.03% | -17.1% |
| SYY | SYSCO CORP | $3,271,000 | +3.6% | 87,345 | 0.0% | 0.03% | -2.9% | |
| CVX | CHEVRON CORP NEW | $2,775,000 | +9.8% | 21,254 | 0.0% | 0.03% | +3.7% | |
| VOD | VODAFONE GROUP PLC NEWspnsr adr no par | $2,128,000 | -9.3% | 63,732 | 0.0% | 0.02% | -12.0% | |
| KO | Sell | COCA COLA CO | $2,183,000 | +9.1% | 51,542 | -0.4% | 0.02% | +4.8% |
| VZ | VERIZON COMMUNICATIONS INC | $2,108,000 | +2.9% | 43,079 | 0.0% | 0.02% | -4.5% | |
| CSCO | Sell | CISCO SYS INC | $1,500,000 | -7.2% | 60,376 | -16.3% | 0.02% | -11.8% |
| PX | Sell | PRAXAIR INC | $1,251,000 | -31.2% | 9,416 | -32.2% | 0.01% | -31.6% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $1,249,000 | -2.2% | 9,871 | -3.4% | 0.01% | -7.1% |
| SBUX | Buy | STARBUCKS CORP | $1,026,000 | +92.1% | 13,260 | +82.4% | 0.01% | +66.7% |
| MON | Buy | MONSANTO CO NEW | $713,000 | +28.9% | 5,719 | +17.6% | 0.01% | +16.7% |
| VIA | VIACOM INC NEWcl a | $694,000 | +1.8% | 8,000 | 0.0% | 0.01% | 0.0% | |
| HD | Sell | HOME DEPOT INC | $679,000 | -3.4% | 8,382 | -5.6% | 0.01% | 0.0% |
| REGN | REGENERON PHARMACEUTICALS | $706,000 | -6.0% | 2,500 | 0.0% | 0.01% | -12.5% | |
| ET | ENERGY TRANSFER EQUITY L P | $561,000 | +26.1% | 9,520 | 0.0% | 0.01% | +20.0% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $570,000 | +1.4% | 3 | 0.0% | 0.01% | 0.0% | |
| REG | REGENCY CTRS CORP | $557,000 | +9.0% | 10,000 | 0.0% | 0.01% | +20.0% | |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $637,000 | – | 3,255 | +100.0% | 0.01% | – |
| PRGO | Buy | PERRIGO CO PLC | $480,000 | +85.3% | 3,294 | +96.4% | 0.01% | +66.7% |
| PCYC | PHARMACYCLICS INC | $449,000 | -10.4% | 5,000 | 0.0% | 0.01% | 0.0% | |
| DLTR | Buy | DOLLAR TREE INC | $476,000 | +41.7% | 8,742 | +35.8% | 0.01% | +25.0% |
| PG | Sell | PROCTER & GAMBLE CO | $534,000 | -9.6% | 6,800 | -7.3% | 0.01% | -16.7% |
| EBAY | Buy | EBAY INC | $481,000 | +6.4% | 9,613 | +17.6% | 0.01% | 0.0% |
| FCX | FREEPORT-MCMORAN COPPER & GO | $523,000 | +10.3% | 14,319 | 0.0% | 0.01% | 0.0% | |
| CINF | CINCINNATI FINL CORP | $433,000 | -1.4% | 9,012 | 0.0% | 0.00% | -20.0% | |
| UTX | UNITED TECHNOLOGIES CORP | $393,000 | -1.0% | 3,400 | 0.0% | 0.00% | 0.0% | |
| PPG | Sell | PPG INDS INC | $420,000 | -32.1% | 2,000 | -37.5% | 0.00% | -42.9% |
| CCI | Sell | CROWN CASTLE INTL CORP | $376,000 | -32.6% | 5,068 | -33.0% | 0.00% | -33.3% |
| IBM | Buy | INTERNATIONAL BUSINESS MACHS | $404,000 | -1.5% | 2,230 | +4.7% | 0.00% | 0.0% |
| JPM | JPMORGAN CHASE & CO | $437,000 | -5.0% | 7,579 | 0.0% | 0.00% | -20.0% | |
| 4945SC | KINDER MORGAN ENERGY PARTNERut ltd partner | $288,000 | +11.2% | 3,500 | 0.0% | 0.00% | 0.0% | |
| ESRX | Buy | EXPRESS SCRIPTS HLDG CO | $303,000 | +8.6% | 4,372 | +17.6% | 0.00% | 0.0% |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $304,000 | -0.3% | 12,000 | 0.0% | 0.00% | 0.0% | |
| EFX | Sell | EQUIFAX INC | $307,000 | -7.5% | 4,231 | -13.3% | 0.00% | -25.0% |
| GE | GENERAL ELECTRIC CO | $276,000 | +1.5% | 10,500 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC NEW | $324,000 | +1.9% | 5,605 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $274,000 | +7.0% | 3,200 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $262,000 | -3.0% | 5,222 | 0.0% | 0.00% | 0.0% | |
| CRM | Buy | SALESFORCE COM INC | $338,000 | +46.3% | 5,823 | +44.0% | 0.00% | +50.0% |
| CB | Sell | CHUBB CORP | $240,000 | -41.6% | 2,600 | -43.5% | 0.00% | -50.0% |
| SNA | Sell | SNAP ON INC | $207,000 | -55.7% | 1,746 | -57.5% | 0.00% | -60.0% |
| RDSB | Sell | ROYAL DUTCH SHELL PLCspon adr b | $235,000 | +4.0% | 2,700 | -6.8% | 0.00% | 0.0% |
| PM | PHILIP MORRIS INTL INC | $211,000 | +2.9% | 2,500 | 0.0% | 0.00% | 0.0% | |
| MKC | New | MCCORMICK & CO INC | $215,000 | – | 3,000 | +100.0% | 0.00% | – |
| DUK | DUKE ENERGY CORP NEW | $218,000 | +3.8% | 2,944 | 0.0% | 0.00% | 0.0% | |
| LLY | Exit | LILLY ELI & CO | $0 | – | -3,400 | -100.0% | -0.00% | – |
| A309PS | Exit | DIRECTV | $0 | – | -3,671 | -100.0% | -0.00% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -8,024 | -100.0% | -0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2014-08-08
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.