$11.8 Billion is the total value of Edgewood Management's 78 reported holdings in Q3 2015. The portfolio turnover from Q2 2015 to Q3 2015 was 7.7% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Sell | CELGENE CORP | $788,822,000 | -13.0% | 7,292,425 | -6.9% | 6.66% | -11.6% |
| GILD | Buy | GILEAD SCIENCES INC | $774,983,000 | -13.9% | 7,892,692 | +2.7% | 6.54% | -12.5% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $758,554,000 | +5.3% | 12,115,548 | +2.8% | 6.41% | +7.1% |
| V | Sell | VISA INC | $721,283,000 | +3.3% | 10,354,334 | -0.4% | 6.09% | +5.0% |
| AMZN | Sell | AMAZON COM INC | $679,325,000 | -3.7% | 1,327,091 | -18.3% | 5.74% | -2.1% |
| ILMN | Buy | ILLUMINA INC | $660,276,000 | -17.1% | 3,755,408 | +2.9% | 5.58% | -15.8% |
| PCLN | Buy | PRICELINE GRP INC | $606,300,000 | +35.8% | 490,193 | +26.4% | 5.12% | +38.0% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $578,358,000 | +15.1% | 2,233,216 | +29.8% | 4.88% | +17.0% |
| ARMH | Buy | ARM HLDGS PLCsponsored adr | $576,046,000 | -11.8% | 13,318,977 | +0.5% | 4.86% | -10.3% |
| EQIX | Sell | EQUINIX INC | $566,859,000 | +6.0% | 2,073,368 | -1.5% | 4.79% | +7.7% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $509,933,000 | -14.0% | 17,854,788 | -1.7% | 4.31% | -12.6% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $491,216,000 | -2.8% | 5,583,271 | +3.1% | 4.15% | -1.2% |
| NKE | Buy | NIKE INCcl b | $483,758,000 | +17.2% | 3,933,952 | +3.0% | 4.08% | +19.1% |
| IHS | Buy | IHS INCcl a | $482,720,000 | -7.0% | 4,161,383 | +3.1% | 4.08% | -5.5% |
| GOOGL | Buy | GOOGLE INCcl a | $449,889,000 | +28.5% | 704,746 | +8.7% | 3.80% | +30.5% |
| CME | Buy | CME GROUP INC | $380,581,000 | +38.9% | 4,103,740 | +39.4% | 3.21% | +41.2% |
| AGN | Buy | ALLERGAN PLC | $357,681,000 | -7.6% | 1,315,922 | +3.1% | 3.02% | -6.2% |
| FOXA | Buy | TWENTY FIRST CENTY FOX INCcl a | $332,964,000 | -12.8% | 12,341,151 | +5.1% | 2.81% | -11.4% |
| ECL | Buy | ECOLAB INC | $314,239,000 | +0.0% | 2,864,011 | +3.1% | 2.65% | +1.6% |
| TROW | Buy | PRICE T ROWE GROUP INC | $313,971,000 | -8.0% | 4,517,568 | +2.9% | 2.65% | -6.6% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $265,898,000 | -2.1% | 578,568 | +3.2% | 2.24% | -0.5% |
| FB | Buy | FACEBOOK INCcl a | $242,937,000 | +40121.4% | 2,702,302 | +38285.0% | 2.05% | +40920.0% |
| GOOG | Sell | GOOGLE INCcl c | $239,527,000 | +14.7% | 393,687 | -1.8% | 2.02% | +16.6% |
| MMM | Sell | 3M CO | $105,389,000 | -8.4% | 743,382 | -0.3% | 0.89% | -6.9% |
| CL | Sell | COLGATE PALMOLIVE CO | $53,158,000 | -3.9% | 837,660 | -0.9% | 0.45% | -2.4% |
| AAPL | Sell | APPLE INC | $21,043,000 | -94.0% | 190,781 | -93.2% | 0.18% | -93.9% |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $10,542,000 | – | 55,010 | +100.0% | 0.09% | – |
| VRTX | Buy | VERTEX PHARMACEUTICALS INC | $8,256,000 | -15.6% | 79,278 | +0.1% | 0.07% | -13.6% |
| DVY | Sell | ISHARES TRselect divid etf | $6,114,000 | -11.0% | 84,045 | -8.1% | 0.05% | -8.8% |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $5,930,000 | +1.3% | 136,994 | -3.0% | 0.05% | +2.0% |
| ABBV | ABBVIE INC | $5,369,000 | -19.0% | 98,673 | 0.0% | 0.04% | -18.2% | |
| XOM | Sell | EXXON MOBIL CORP | $4,842,000 | -21.8% | 65,119 | -12.5% | 0.04% | -19.6% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $4,127,000 | -30.8% | 345,967 | -0.7% | 0.04% | -30.0% |
| PEP | Sell | PEPSICO INC | $4,179,000 | -1.9% | 44,312 | -3.0% | 0.04% | 0.0% |
| ABT | ABBOTT LABS | $4,005,000 | -18.0% | 99,582 | 0.0% | 0.03% | -17.1% | |
| JNJ | Sell | JOHNSON & JOHNSON | $3,749,000 | -8.6% | 40,158 | -4.6% | 0.03% | -5.9% |
| PFE | Sell | PFIZER INC | $3,402,000 | -9.0% | 108,305 | -2.8% | 0.03% | -6.5% |
| SYY | Sell | SYSCO CORP | $2,990,000 | +1.3% | 76,719 | -6.1% | 0.02% | 0.0% |
| BK | Sell | BANK NEW YORK MELLON CORP | $2,280,000 | -14.5% | 58,238 | -8.4% | 0.02% | -13.6% |
| TWX | TIME WARNER INC | $1,684,000 | -21.4% | 24,500 | 0.0% | 0.01% | -22.2% | |
| KO | Buy | COCA COLA CO | $1,387,000 | +4.1% | 34,560 | +1.8% | 0.01% | +9.1% |
| SBUX | Sell | STARBUCKS CORP | $1,428,000 | -0.7% | 25,119 | -6.4% | 0.01% | 0.0% |
| REGN | REGENERON PHARMACEUTICALS | $1,163,000 | -8.8% | 2,500 | 0.0% | 0.01% | -9.1% | |
| VZ | VERIZON COMMUNICATIONS INC | $940,000 | -6.7% | 21,597 | 0.0% | 0.01% | 0.0% | |
| VOD | VODAFONE GROUP PLC NEWspnsr adr no par | $961,000 | -12.9% | 30,271 | 0.0% | 0.01% | -11.1% | |
| CSCO | Sell | CISCO SYS INC | $847,000 | -5.8% | 32,250 | -1.5% | 0.01% | 0.0% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $678,000 | -18.6% | 5,200 | -15.0% | 0.01% | -14.3% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $586,000 | -4.7% | 3 | 0.0% | 0.01% | 0.0% | |
| BIIB | BIOGEN INC | $584,000 | -27.7% | 2,000 | 0.0% | 0.01% | -28.6% | |
| DG | New | DOLLAR GEN CORP NEW | $594,000 | – | 8,195 | +100.0% | 0.01% | – |
| TWTR | TWITTER INC | $539,000 | -25.6% | 20,000 | 0.0% | 0.01% | -16.7% | |
| PRGO | Sell | PERRIGO CO PLC | $499,000 | -15.9% | 3,171 | -1.1% | 0.00% | -20.0% |
| BMRN | BIOMARIN PHARMACEUTICAL INC | $527,000 | -23.0% | 5,000 | 0.0% | 0.00% | -33.3% | |
| JPM | JPMORGAN CHASE & CO | $462,000 | -10.1% | 7,579 | 0.0% | 0.00% | 0.0% | |
| HD | Sell | HOME DEPOT INC | $426,000 | -38.9% | 3,687 | -41.2% | 0.00% | -33.3% |
| CINF | CINCINNATI FINL CORP | $485,000 | +7.3% | 9,012 | 0.0% | 0.00% | 0.0% | |
| CVX | Sell | CHEVRON CORP NEW | $456,000 | -37.2% | 5,780 | -23.2% | 0.00% | -33.3% |
| PX | Sell | PRAXAIR INC | $374,000 | -53.1% | 3,676 | -44.9% | 0.00% | -57.1% |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $304,000 | +0.3% | 12,000 | 0.0% | 0.00% | 0.0% | |
| CRM | Sell | SALESFORCE COM INC | $389,000 | -1.3% | 5,603 | -1.1% | 0.00% | 0.0% |
| NIQ | NUVEEN INT DUR QUAL MUN TRM | $398,000 | +1.8% | 32,000 | 0.0% | 0.00% | 0.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $396,000 | -35.2% | 19,040 | 0.0% | 0.00% | -40.0% | |
| PPG | PPG INDS INC | $351,000 | -23.5% | 4,000 | 0.0% | 0.00% | -25.0% | |
| CB | CHUBB CORP | $319,000 | +29.1% | 2,600 | 0.0% | 0.00% | +50.0% | |
| UTX | UNITED TECHNOLOGIES CORP | $303,000 | -19.6% | 3,400 | 0.0% | 0.00% | 0.0% | |
| BOI | BROOKFIELD MTG OPP INC FD IN | $352,000 | -6.9% | 23,900 | 0.0% | 0.00% | 0.0% | |
| BLE | BLACKROCK MUNI INCOME TR II | $349,000 | +3.3% | 24,000 | 0.0% | 0.00% | 0.0% | |
| BGH | BABSON CAP GLB SHT DURHGH YL | $298,000 | -13.1% | 17,200 | 0.0% | 0.00% | 0.0% | |
| LULU | Buy | LULULEMON ATHLETICA INC | $395,000 | +17.6% | 7,789 | +51.6% | 0.00% | 0.0% |
| MRK | MERCK & CO INC NEW | $227,000 | -13.4% | 4,605 | 0.0% | 0.00% | 0.0% | |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $253,000 | -11.2% | 1,742 | -0.5% | 0.00% | 0.0% |
| PG | Sell | PROCTER & GAMBLE CO | $237,000 | -52.7% | 3,300 | -48.4% | 0.00% | -50.0% |
| QCOM | QUALCOMM INC | $277,000 | -14.2% | 5,159 | 0.0% | 0.00% | -33.3% | |
| HAS | HASBRO INC | $225,000 | -3.4% | 3,121 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $266,000 | -10.4% | 2,600 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $215,000 | -19.8% | 5,222 | 0.0% | 0.00% | 0.0% | |
| AVB | New | AVALONBAY CMNTYS INC | $216,000 | – | 1,237 | +100.0% | 0.00% | – |
| FCX | FREEPORT-MCMORAN INCcl b | $139,000 | -47.9% | 14,319 | 0.0% | 0.00% | -50.0% | |
| EFX | Exit | EQUIFAX INC | $0 | – | -2,607 | -100.0% | -0.00% | – |
| PM | Exit | PHILIP MORRIS INTL INC | $0 | – | -2,500 | -100.0% | -0.00% | – |
| DLTR | Exit | DOLLAR TREE INC | $0 | – | -8,507 | -100.0% | -0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2015-11-10
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.