$9.97 Billion is the total value of Edgewood Management's 77 reported holdings in Q3 2014. The portfolio turnover from Q2 2014 to Q3 2014 was 14.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Buy | CELGENE CORP | $756,860,000 | +11.2% | 7,985,437 | +0.7% | 7.59% | +10.0% |
| GILD | Sell | GILEAD SCIENCES INC | $742,317,000 | +13.3% | 6,973,387 | -11.7% | 7.44% | +12.1% |
| ILMN | Buy | ILLUMINA INC | $541,996,000 | -7.4% | 3,306,466 | +0.9% | 5.44% | -8.4% |
| AMZN | Buy | AMAZON COM INC | $526,799,000 | +18.5% | 1,633,789 | +19.3% | 5.28% | +17.1% |
| V | Buy | VISA INC | $516,724,000 | +2.0% | 2,421,726 | +0.7% | 5.18% | +0.9% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $515,470,000 | -7.3% | 11,513,726 | +1.3% | 5.17% | -8.3% |
| AGN | Buy | ALLERGAN INC | $481,100,000 | +6.0% | 2,699,927 | +0.7% | 4.82% | +4.8% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $479,537,000 | +10.1% | 16,316,348 | +0.9% | 4.81% | +8.9% |
| AAPL | Buy | APPLE INC | $463,317,000 | +10.4% | 4,598,681 | +1.9% | 4.65% | +9.2% |
| AMT | Sell | AMERICAN TOWER CORP NEW | $460,147,000 | +3.5% | 4,914,525 | -0.6% | 4.62% | +2.3% |
| TROW | Sell | PRICE T ROWE GROUP INC | $406,848,000 | -7.3% | 5,189,385 | -0.2% | 4.08% | -8.4% |
| IHS | Buy | IHS INCcl a | $405,816,000 | -7.0% | 3,241,599 | +0.8% | 4.07% | -8.0% |
| EQIX | Buy | EQUINIX INC | $391,839,000 | +3.0% | 1,844,121 | +1.9% | 3.93% | +1.9% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $381,847,000 | -9.7% | 1,538,031 | +2.3% | 3.83% | -10.7% |
| ARMH | New | ARM HLDGS PLCsponsored adr | $366,958,000 | – | 8,399,135 | +100.0% | 3.68% | – |
| SSYS | Buy | STRATASYS LTD | $333,937,000 | +7.1% | 2,764,840 | +0.8% | 3.35% | +5.9% |
| GOOGL | Buy | GOOGLE INCcl a | $307,776,000 | +1.6% | 523,064 | +0.9% | 3.09% | +0.5% |
| GOOG | Buy | GOOGLE INCcl c | $302,052,000 | +0.9% | 523,160 | +0.5% | 3.03% | -0.3% |
| ECL | Buy | ECOLAB INC | $285,052,000 | +4.2% | 2,482,379 | +1.0% | 2.86% | +3.1% |
| PCP | Buy | PRECISION CASTPARTS CORP | $269,668,000 | +7.5% | 1,138,415 | +14.6% | 2.70% | +6.3% |
| FTI | Buy | FMC TECHNOLOGIES INC | $265,006,000 | -10.7% | 4,879,502 | +0.4% | 2.66% | -11.7% |
| FOXA | New | TWENTY FIRST CENTY FOX INCcl a | $257,498,000 | – | 7,509,413 | +100.0% | 2.58% | – |
| ISRG | Buy | INTUITIVE SURGICAL INC | $232,569,000 | +13.2% | 503,592 | +0.9% | 2.33% | +11.9% |
| MMM | Sell | 3M CO | $111,426,000 | -1.4% | 786,465 | -0.3% | 1.12% | -2.4% |
| CL | Sell | COLGATE PALMOLIVE CO | $57,340,000 | -4.8% | 879,180 | -0.5% | 0.58% | -5.9% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $9,814,000 | -1.3% | 87,386 | -16.8% | 0.10% | -3.0% |
| XOM | Sell | EXXON MOBIL CORP | $9,142,000 | -17.5% | 97,202 | -11.6% | 0.09% | -17.9% |
| MIE | COHEN & STEERS MLP INC & ENR | $7,546,000 | -0.6% | 357,300 | 0.0% | 0.08% | -1.3% | |
| CME | Sell | CME GROUP INC | $7,246,000 | +9.9% | 90,630 | -2.5% | 0.07% | +9.0% |
| DVY | Sell | ISHARES TRselect divid etf | $6,837,000 | -5.9% | 92,564 | -1.9% | 0.07% | -6.8% |
| PEP | Sell | PEPSICO INC | $6,588,000 | +3.2% | 70,773 | -1.0% | 0.07% | +1.5% |
| JNJ | Sell | JOHNSON & JOHNSON | $6,486,000 | -5.4% | 60,853 | -7.1% | 0.06% | -7.1% |
| ABBV | ABBVIE INC | $6,423,000 | +2.3% | 111,196 | 0.0% | 0.06% | 0.0% | |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $5,945,000 | -6.2% | 141,255 | -1.4% | 0.06% | -6.2% |
| ABT | Sell | ABBOTT LABS | $4,661,000 | +1.1% | 112,082 | -0.6% | 0.05% | 0.0% |
| SYY | Sell | SYSCO CORP | $3,277,000 | +0.2% | 86,345 | -1.1% | 0.03% | 0.0% |
| PFE | PFIZER INC | $3,311,000 | -0.4% | 111,969 | 0.0% | 0.03% | -2.9% | |
| QCOM | Sell | QUALCOMM INC | $3,227,000 | -99.1% | 43,156 | -99.0% | 0.03% | -99.1% |
| BK | Sell | BANK NEW YORK MELLON CORP | $3,197,000 | -6.9% | 82,556 | -9.9% | 0.03% | -8.6% |
| CVX | CHEVRON CORP NEW | $2,536,000 | -8.6% | 21,254 | 0.0% | 0.02% | -10.7% | |
| KO | Sell | COCA COLA CO | $2,118,000 | -3.0% | 49,642 | -3.7% | 0.02% | -4.5% |
| VOD | Sell | VODAFONE GROUP PLC NEWspnsr adr no par | $1,914,000 | -10.1% | 58,192 | -8.7% | 0.02% | -13.6% |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $1,804,000 | -14.4% | 36,086 | -16.2% | 0.02% | -14.3% |
| TWX | New | TIME WARNER INC | $1,843,000 | – | 24,500 | +100.0% | 0.02% | – |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $1,336,000 | +7.0% | 9,671 | -2.0% | 0.01% | 0.0% |
| SBUX | Buy | STARBUCKS CORP | $1,228,000 | +19.7% | 16,273 | +22.7% | 0.01% | +20.0% |
| PX | Sell | PRAXAIR INC | $957,000 | -23.5% | 7,416 | -21.2% | 0.01% | -23.1% |
| CSCO | Sell | CISCO SYS INC | $977,000 | -34.9% | 38,809 | -35.7% | 0.01% | -33.3% |
| REGN | REGENERON PHARMACEUTICALS | $901,000 | +27.6% | 2,500 | 0.0% | 0.01% | +28.6% | |
| MON | Buy | MONSANTO CO NEW | $700,000 | -1.8% | 6,218 | +8.7% | 0.01% | 0.0% |
| PG | Sell | PROCTER & GAMBLE CO | $553,000 | +3.6% | 6,600 | -2.9% | 0.01% | +20.0% |
| ET | ENERGY TRANSFER EQUITY L P | $587,000 | +4.6% | 9,520 | 0.0% | 0.01% | 0.0% | |
| PCYC | PHARMACYCLICS INC | $587,000 | +30.7% | 5,000 | 0.0% | 0.01% | +20.0% | |
| HD | Sell | HOME DEPOT INC | $631,000 | -7.1% | 6,882 | -17.9% | 0.01% | -14.3% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $621,000 | +8.9% | 3 | 0.0% | 0.01% | 0.0% | |
| FB | New | FACEBOOK INCcl a | $541,000 | – | 6,843 | +100.0% | 0.01% | – |
| FCX | FREEPORT-MCMORAN INCcl b | $468,000 | -10.5% | 14,319 | 0.0% | 0.01% | 0.0% | |
| JPM | JPMORGAN CHASE & CO | $457,000 | +4.6% | 7,579 | 0.0% | 0.01% | +25.0% | |
| PRGO | Buy | PERRIGO CO PLC | $538,000 | +12.1% | 3,581 | +8.7% | 0.01% | 0.0% |
| DLTR | Buy | DOLLAR TREE INC | $533,000 | +12.0% | 9,505 | +8.7% | 0.01% | 0.0% |
| UTX | UNITED TECHNOLOGIES CORP | $359,000 | -8.7% | 3,400 | 0.0% | 0.00% | 0.0% | |
| CCI | Sell | CROWN CASTLE INTL CORP | $401,000 | +6.6% | 4,982 | -1.7% | 0.00% | 0.0% |
| CRM | Buy | SALESFORCE COM INC | $364,000 | +7.7% | 6,331 | +8.7% | 0.00% | +33.3% |
| PPG | PPG INDS INC | $393,000 | -6.4% | 2,000 | 0.0% | 0.00% | 0.0% | |
| CINF | CINCINNATI FINL CORP | $424,000 | -2.1% | 9,012 | 0.0% | 0.00% | 0.0% | |
| 4945SC | KINDER MORGAN ENERGY PARTNERut ltd partner | $326,000 | +13.2% | 3,500 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $302,000 | -0.7% | 12,000 | 0.0% | 0.00% | 0.0% | |
| GE | GENERAL ELECTRIC CO | $269,000 | -2.5% | 10,500 | 0.0% | 0.00% | 0.0% | |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $342,000 | -15.3% | 1,800 | -19.3% | 0.00% | -25.0% |
| MRK | MERCK & CO INC NEW | $332,000 | +2.5% | 5,605 | 0.0% | 0.00% | 0.0% | |
| EFX | EQUIFAX INC | $316,000 | +2.9% | 4,231 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $260,000 | -0.8% | 5,222 | 0.0% | 0.00% | 0.0% | |
| DUK | DUKE ENERGY CORP NEW | $220,000 | +0.9% | 2,944 | 0.0% | 0.00% | 0.0% | |
| CB | CHUBB CORP | $237,000 | -1.2% | 2,600 | 0.0% | 0.00% | 0.0% | |
| RDSB | ROYAL DUTCH SHELL PLCspon adr b | $214,000 | -8.9% | 2,700 | 0.0% | 0.00% | 0.0% | |
| PM | PHILIP MORRIS INTL INC | $208,000 | -1.4% | 2,500 | 0.0% | 0.00% | 0.0% | |
| DIS | Sell | DISNEY WALT CO | $231,000 | -15.7% | 2,600 | -18.8% | 0.00% | -33.3% |
| MKC | Exit | MCCORMICK & CO INC | $0 | – | -3,000 | -100.0% | -0.00% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -1,746 | -100.0% | -0.00% | – |
| ESRX | Exit | EXPRESS SCRIPTS HLDG CO | $0 | – | -4,372 | -100.0% | -0.00% | – |
| EBAY | Exit | EBAY INC | $0 | – | -9,613 | -100.0% | -0.01% | – |
| REG | Exit | REGENCY CTRS CORP | $0 | – | -10,000 | -100.0% | -0.01% | – |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -3,255 | -100.0% | -0.01% | – |
| VIA | Exit | VIACOM INC NEWcl a | $0 | – | -8,000 | -100.0% | -0.01% | – |
| VIAB | Exit | VIACOM INC NEWcl b | $0 | – | -4,845,620 | -100.0% | -4.26% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2014-11-10
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.