$12 Billion is the total value of Edgewood Management's 78 reported holdings in Q2 2015. The portfolio turnover from Q1 2015 to Q2 2015 was 18.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Buy | CELGENE CORP | $906,597,000 | +11.3% | 7,833,388 | +10.8% | 7.53% | +3.2% |
| GILD | Sell | GILEAD SCIENCES INC | $899,580,000 | +15.3% | 7,683,464 | -3.3% | 7.48% | +7.0% |
| ILMN | Buy | ILLUMINA INC | $796,696,000 | +21.9% | 3,648,545 | +3.6% | 6.62% | +13.0% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $720,104,000 | -0.4% | 11,787,584 | +1.7% | 5.98% | -7.6% |
| AMZN | Sell | AMAZON COM INC | $705,159,000 | +10.2% | 1,624,453 | -5.6% | 5.86% | +2.2% |
| V | Buy | VISA INC | $697,959,000 | +7.4% | 10,394,030 | +4.7% | 5.80% | -0.3% |
| ARMH | Buy | ARM HLDGS PLCsponsored adr | $652,887,000 | +7.1% | 13,251,207 | +7.1% | 5.42% | -0.7% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $592,961,000 | +9.4% | 18,161,147 | +2.0% | 4.93% | +1.5% |
| EQIX | Buy | EQUINIX INC | $534,871,000 | +15.3% | 2,105,792 | +5.7% | 4.44% | +6.9% |
| IHS | Buy | IHS INCcl a | $519,261,000 | +18.2% | 4,036,858 | +4.5% | 4.32% | +9.6% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $505,347,000 | +3.7% | 5,416,949 | +4.6% | 4.20% | -3.8% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $502,368,000 | +2.9% | 1,720,792 | +4.5% | 4.17% | -4.5% |
| PCLN | Buy | PRICELINE GRP INC | $446,478,000 | +38.6% | 387,780 | +40.1% | 3.71% | +28.6% |
| NKE | Buy | NIKE INCcl b | $412,724,000 | +13.3% | 3,820,813 | +5.3% | 3.43% | +5.2% |
| AGN | New | ALLERGAN PLC | $387,276,000 | – | 1,276,201 | +100.0% | 3.22% | – |
| FOXA | Buy | TWENTY FIRST CENTY FOX INCcl a | $382,053,000 | +1.6% | 11,739,234 | +5.7% | 3.18% | -5.7% |
| AAPL | Buy | APPLE INC | $352,719,000 | +4.4% | 2,812,187 | +3.6% | 2.93% | -3.2% |
| GOOGL | Buy | GOOGLE INCcl a | $350,202,000 | +6.4% | 648,474 | +9.3% | 2.91% | -1.3% |
| TROW | Sell | PRICE T ROWE GROUP INC | $341,380,000 | -24.0% | 4,391,868 | -20.8% | 2.84% | -29.5% |
| ECL | Buy | ECOLAB INC | $314,169,000 | +3.4% | 2,778,533 | +4.6% | 2.61% | -4.1% |
| CME | Buy | CME GROUP INC | $273,977,000 | +4139.8% | 2,944,087 | +4214.9% | 2.28% | +3825.9% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $271,562,000 | +0.1% | 560,499 | +4.3% | 2.26% | -7.2% |
| GOOG | Sell | GOOGLE INCcl c | $208,762,000 | -6.7% | 401,073 | -1.8% | 1.74% | -13.5% |
| MMM | Sell | 3M CO | $115,097,000 | -8.1% | 745,932 | -1.7% | 0.96% | -14.7% |
| CL | Sell | COLGATE PALMOLIVE CO | $55,312,000 | -6.5% | 845,623 | -0.9% | 0.46% | -13.2% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $9,783,000 | +1.1% | 79,231 | -3.4% | 0.08% | -6.9% |
| DVY | Sell | ISHARES TRselect divid etf | $6,870,000 | -4.6% | 91,423 | -1.1% | 0.06% | -12.3% |
| ABBV | Sell | ABBVIE INC | $6,630,000 | +12.8% | 98,673 | -1.7% | 0.06% | +3.8% |
| XOM | Sell | EXXON MOBIL CORP | $6,191,000 | -20.4% | 74,409 | -18.6% | 0.05% | -27.1% |
| MIE | COHEN & STEERS MLP INC & ENR | $5,964,000 | -9.0% | 348,568 | 0.0% | 0.05% | -15.3% | |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $5,856,000 | -6.7% | 141,254 | 0.0% | 0.05% | -12.5% | |
| ABT | Sell | ABBOTT LABS | $4,887,000 | +3.4% | 99,582 | -2.4% | 0.04% | -2.4% |
| PEP | Sell | PEPSICO INC | $4,262,000 | -29.2% | 45,662 | -27.5% | 0.04% | -35.2% |
| JNJ | Sell | JOHNSON & JOHNSON | $4,103,000 | -30.7% | 42,103 | -28.5% | 0.03% | -35.8% |
| PFE | Sell | PFIZER INC | $3,738,000 | -4.0% | 111,478 | -0.3% | 0.03% | -11.4% |
| SYY | Sell | SYSCO CORP | $2,951,000 | -6.1% | 81,739 | -1.9% | 0.02% | -10.7% |
| BK | BANK NEW YORK MELLON CORP | $2,668,000 | +4.3% | 63,576 | 0.0% | 0.02% | -4.3% | |
| TWX | TIME WARNER INC | $2,142,000 | +3.5% | 24,500 | 0.0% | 0.02% | -5.3% | |
| SBUX | Sell | STARBUCKS CORP | $1,438,000 | +2.6% | 26,825 | -9.4% | 0.01% | -7.7% |
| KO | COCA COLA CO | $1,332,000 | -3.3% | 33,960 | 0.0% | 0.01% | -8.3% | |
| REGN | REGENERON PHARMACEUTICALS | $1,275,000 | +12.9% | 2,500 | 0.0% | 0.01% | +10.0% | |
| VOD | Sell | VODAFONE GROUP PLC NEWspnsr adr no par | $1,103,000 | -32.9% | 30,271 | -39.8% | 0.01% | -40.0% |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $1,007,000 | -12.6% | 21,597 | -8.8% | 0.01% | -20.0% |
| PX | PRAXAIR INC | $798,000 | -1.0% | 6,676 | 0.0% | 0.01% | 0.0% | |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $833,000 | -7.6% | 6,119 | -2.1% | 0.01% | -12.5% |
| CSCO | Sell | CISCO SYS INC | $899,000 | -3.7% | 32,750 | -3.5% | 0.01% | -12.5% |
| BIIB | BIOGEN INC | $808,000 | -4.3% | 2,000 | 0.0% | 0.01% | -12.5% | |
| HD | Sell | HOME DEPOT INC | $697,000 | -2.4% | 6,273 | -0.2% | 0.01% | 0.0% |
| DLTR | Sell | DOLLAR TREE INC | $672,000 | -7.2% | 8,507 | -4.6% | 0.01% | 0.0% |
| TWTR | New | TWITTER INC | $724,000 | – | 20,000 | +100.0% | 0.01% | – |
| CVX | Sell | CHEVRON CORP NEW | $726,000 | -67.3% | 7,530 | -64.4% | 0.01% | -70.0% |
| BMRN | BIOMARIN PHARMACEUTICAL INC | $684,000 | +9.8% | 5,000 | 0.0% | 0.01% | 0.0% | |
| ET | Buy | ENERGY TRANSFER EQUITY L P | $611,000 | +1.3% | 19,040 | +100.0% | 0.01% | 0.0% |
| FB | Buy | FACEBOOK INCcl a | $604,000 | +14.4% | 7,040 | +9.7% | 0.01% | 0.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $615,000 | -5.7% | 3 | 0.0% | 0.01% | -16.7% | |
| PRGO | Sell | PERRIGO CO PLC | $593,000 | +6.7% | 3,206 | -4.6% | 0.01% | 0.0% |
| JPM | JPMORGAN CHASE & CO | $514,000 | +12.0% | 7,579 | 0.0% | 0.00% | 0.0% | |
| CINF | CINCINNATI FINL CORP | $452,000 | -5.8% | 9,012 | 0.0% | 0.00% | 0.0% | |
| PG | Sell | PROCTER & GAMBLE CO | $501,000 | -7.4% | 6,400 | -3.0% | 0.00% | -20.0% |
| PPG | Buy | PPG INDS INC | $459,000 | +1.8% | 4,000 | +100.0% | 0.00% | 0.0% |
| NIQ | Buy | NUVEEN INT DUR QUAL MUN TRM | $391,000 | +150.6% | 32,000 | +166.7% | 0.00% | +200.0% |
| LULU | New | LULULEMON ATHLETICA INC | $336,000 | – | 5,139 | +100.0% | 0.00% | – |
| BGH | New | BABSON CAP GLB SHT DURHGH YL | $343,000 | – | 17,200 | +100.0% | 0.00% | – |
| BLE | New | BLACKROCK MUNI INCOME TR II | $338,000 | – | 24,000 | +100.0% | 0.00% | – |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $303,000 | -1.6% | 12,000 | 0.0% | 0.00% | 0.0% | |
| QCOM | Buy | QUALCOMM INC | $323,000 | +11.8% | 5,159 | +23.8% | 0.00% | 0.0% |
| BOI | New | BROOKFIELD MTG OPP INC FD IN | $378,000 | – | 23,900 | +100.0% | 0.00% | – |
| UTX | UNITED TECHNOLOGIES CORP | $377,000 | -5.3% | 3,400 | 0.0% | 0.00% | -25.0% | |
| CRM | Sell | SALESFORCE COM INC | $394,000 | -0.8% | 5,665 | -4.6% | 0.00% | -25.0% |
| PM | New | PHILIP MORRIS INTL INC | $200,000 | – | 2,500 | +100.0% | 0.00% | – |
| MRK | Sell | MERCK & CO INC NEW | $262,000 | -18.6% | 4,605 | -17.8% | 0.00% | -33.3% |
| CB | CHUBB CORP | $247,000 | -6.1% | 2,600 | 0.0% | 0.00% | 0.0% | |
| IBM | INTERNATIONAL BUSINESS MACHS | $285,000 | +1.4% | 1,751 | 0.0% | 0.00% | -33.3% | |
| HAS | New | HASBRO INC | $233,000 | – | 3,121 | +100.0% | 0.00% | – |
| CMA | COMERICA INC | $268,000 | +13.6% | 5,222 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $297,000 | +8.8% | 2,600 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $267,000 | -1.5% | 14,319 | 0.0% | 0.00% | 0.0% | |
| EFX | EQUIFAX INC | $253,000 | +4.5% | 2,607 | 0.0% | 0.00% | 0.0% | |
| MO | Exit | ALTRIA GROUP INC | $0 | – | -4,000 | -100.0% | -0.00% | – |
| MKC | Exit | MCCORMICK & CO INC | $0 | – | -3,000 | -100.0% | -0.00% | – |
| DUK | Exit | DUKE ENERGY CORP NEW | $0 | – | -2,944 | -100.0% | -0.00% | – |
| AVB | Exit | AVALONBAY CMNTYS INC | $0 | – | -1,237 | -100.0% | -0.00% | – |
| SSYS | Exit | STRATASYS LTD | $0 | – | -4,707,624 | -100.0% | -2.23% | – |
| B108PS | Exit | ACTAVIS PLC | $0 | – | -1,209,179 | -100.0% | -3.22% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2015-08-07
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.