$13.9 Billion is the total value of Edgewood Management's 73 reported holdings in Q1 2016. The portfolio turnover from Q4 2015 to Q1 2016 was 11.2% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Buy | CELGENE CORP | $948,418,000 | +3.3% | 9,475,652 | +23.6% | 6.82% | +0.2% |
| V | Buy | VISA INC | $885,214,000 | +4.2% | 11,574,457 | +5.7% | 6.37% | +1.1% |
| ILMN | Buy | ILLUMINA INC | $794,837,000 | -10.3% | 4,903,071 | +6.2% | 5.72% | -13.0% |
| AMZN | Buy | AMAZON COM INC | $787,363,000 | -7.0% | 1,326,330 | +5.9% | 5.66% | -9.8% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $696,088,000 | +8.3% | 11,101,883 | +3.7% | 5.01% | +5.0% |
| PCLN | Buy | PRICELINE GRP INC | $687,984,000 | +6.8% | 533,751 | +5.7% | 4.95% | +3.6% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $678,976,000 | +8.4% | 889,994 | +10.5% | 4.88% | +5.1% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $638,081,000 | +12.4% | 6,233,086 | +6.4% | 4.59% | +9.0% |
| FB | Buy | FACEBOOK INCcl a | $626,715,000 | +15.4% | 5,492,680 | +5.9% | 4.51% | +11.9% |
| MHFI | Buy | MCGRAW HILL FINL INC | $596,949,000 | +70.2% | 6,031,005 | +69.5% | 4.29% | +65.0% |
| IHS | Buy | IHS INCcl a | $566,340,000 | +10.3% | 4,561,374 | +5.2% | 4.07% | +7.0% |
| PYPL | New | PAYPAL HLDGS INC | $564,619,000 | – | 14,627,424 | +100.0% | 4.06% | – |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $557,083,000 | -10.2% | 19,881,608 | +5.5% | 4.01% | -13.0% |
| EQIX | Sell | EQUINIX INC | $556,123,000 | -9.8% | 1,681,603 | -17.5% | 4.00% | -12.5% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $541,190,000 | -16.1% | 2,459,953 | +5.4% | 3.89% | -18.7% |
| GILD | Buy | GILEAD SCIENCES INC | $539,304,000 | -4.3% | 5,870,939 | +5.4% | 3.88% | -7.2% |
| NKE | Buy | NIKE INCcl b | $535,153,000 | +4.1% | 8,705,920 | +5.8% | 3.85% | +1.0% |
| ARMH | Sell | ARM HLDGS PLCsponsored adr | $508,710,000 | -19.6% | 11,643,631 | -16.8% | 3.66% | -22.1% |
| FOXA | Buy | TWENTY FIRST CENTY FOX INCcl a | $458,006,000 | +10.8% | 16,427,759 | +8.0% | 3.30% | +7.5% |
| CME | Buy | CME GROUP INC | $437,831,000 | +12.9% | 4,558,368 | +6.5% | 3.15% | +9.5% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $387,483,000 | +17.0% | 644,677 | +6.3% | 2.79% | +13.4% |
| ECL | Buy | ECOLAB INC | $355,618,000 | +3.6% | 3,188,824 | +6.3% | 2.56% | +0.5% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $282,558,000 | -3.8% | 379,297 | -2.0% | 2.03% | -6.7% |
| MMM | Sell | 3M CO | $120,560,000 | +10.6% | 723,519 | -0.0% | 0.87% | +7.3% |
| CL | Sell | COLGATE PALMOLIVE CO | $58,942,000 | +5.7% | 834,279 | -0.3% | 0.42% | +2.4% |
| AAPL | Sell | APPLE INC | $19,759,000 | -0.1% | 181,294 | -3.5% | 0.14% | -3.4% |
| DVY | Sell | ISHARES TRselect divid etf | $6,505,000 | +3.0% | 79,645 | -5.2% | 0.05% | 0.0% |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $6,325,000 | +13.4% | 127,474 | -1.1% | 0.04% | +9.8% |
| XOM | Sell | EXXON MOBIL CORP | $5,427,000 | +6.9% | 64,919 | -0.3% | 0.04% | +2.6% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $5,225,000 | -27.5% | 648,267 | -5.9% | 0.04% | -28.3% |
| ABBV | Sell | ABBVIE INC | $5,127,000 | -7.7% | 89,762 | -4.3% | 0.04% | -9.8% |
| PEP | Sell | PEPSICO INC | $4,473,000 | +1.1% | 43,648 | -1.5% | 0.03% | -3.0% |
| ABT | Sell | ABBOTT LABS | $4,082,000 | -8.7% | 97,582 | -2.0% | 0.03% | -12.1% |
| JNJ | Sell | JOHNSON & JOHNSON | $3,901,000 | -1.6% | 36,058 | -6.6% | 0.03% | -3.4% |
| PFE | Sell | PFIZER INC | $3,142,000 | -10.1% | 106,005 | -2.1% | 0.02% | -11.5% |
| SYY | Sell | SYSCO CORP | $3,165,000 | +0.6% | 67,719 | -11.7% | 0.02% | 0.0% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $3,055,000 | -62.3% | 38,428 | -40.4% | 0.02% | -63.3% |
| BK | BANK NEW YORK MELLON CORP | $2,145,000 | -10.7% | 58,238 | 0.0% | 0.02% | -16.7% | |
| KO | COCA COLA CO | $1,575,000 | +8.0% | 33,960 | 0.0% | 0.01% | 0.0% | |
| SBUX | Sell | STARBUCKS CORP | $1,401,000 | -11.2% | 23,475 | -10.6% | 0.01% | -16.7% |
| VZ | VERIZON COMMUNICATIONS INC | $1,168,000 | +17.0% | 21,597 | 0.0% | 0.01% | +14.3% | |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $822,000 | -84.6% | 4,000 | -84.7% | 0.01% | -85.0% |
| CSCO | Sell | CISCO SYS INC | $881,000 | +1.5% | 30,950 | -3.1% | 0.01% | 0.0% |
| REGN | REGENERON PHARMACEUTICALS | $901,000 | -33.6% | 2,500 | 0.0% | 0.01% | -40.0% | |
| VOD | Sell | VODAFONE GROUP PLC NEWspnsr adr no par | $897,000 | -8.2% | 27,981 | -7.6% | 0.01% | -14.3% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $709,000 | +3.2% | 5,000 | -3.8% | 0.01% | 0.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $640,000 | +7.9% | 3 | 0.0% | 0.01% | +25.0% | |
| DG | Sell | DOLLAR GEN CORP NEW | $721,000 | +15.7% | 8,419 | -2.8% | 0.01% | 0.0% |
| LULU | Sell | LULULEMON ATHLETICA INC | $542,000 | +25.5% | 8,002 | -2.8% | 0.00% | +33.3% |
| BLE | Buy | BLACKROCK MUNI INCOME TR II | $538,000 | +46.6% | 34,000 | +41.7% | 0.00% | +33.3% |
| CVX | Sell | CHEVRON CORP NEW | $550,000 | +5.8% | 5,769 | -0.2% | 0.00% | 0.0% |
| NIQ | Buy | NUVEEN INT DUR QUAL MUN TRM | $568,000 | +37.9% | 42,000 | +31.2% | 0.00% | +33.3% |
| AGN | Sell | ALLERGAN PLC | $599,000 | -99.9% | 2,236 | -99.8% | 0.00% | -99.9% |
| CINF | CINCINNATI FINL CORP | $589,000 | +10.5% | 9,012 | 0.0% | 0.00% | 0.0% | |
| PPG | PPG INDS INC | $446,000 | +12.9% | 4,000 | 0.0% | 0.00% | 0.0% | |
| BMRN | BIOMARIN PHARMACEUTICAL INC | $412,000 | -21.4% | 5,000 | 0.0% | 0.00% | -25.0% | |
| PRGO | Sell | PERRIGO CO PLC | $417,000 | -14.0% | 3,258 | -2.8% | 0.00% | -25.0% |
| JPM | JPMORGAN CHASE & CO | $449,000 | -10.2% | 7,579 | 0.0% | 0.00% | -25.0% | |
| BOI | BROOKFIELD MTG OPP INC FD IN | $350,000 | -0.8% | 23,900 | 0.0% | 0.00% | 0.0% | |
| CRM | Sell | SALESFORCE COM INC | $425,000 | -8.4% | 5,757 | -2.8% | 0.00% | 0.0% |
| HAS | HASBRO INC | $250,000 | +19.0% | 3,121 | 0.0% | 0.00% | 0.0% | |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $250,000 | +4.2% | 1,651 | -5.2% | 0.00% | 0.0% |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $307,000 | 0.0% | 12,000 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC NEW | $244,000 | +0.4% | 4,605 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $258,000 | -5.5% | 2,600 | 0.0% | 0.00% | 0.0% | |
| CCI | Sell | CROWN CASTLE INTL CORP NEW | $243,000 | -53.8% | 2,813 | -53.8% | 0.00% | -50.0% |
| PM | PHILIP MORRIS INTL INC | $245,000 | +11.4% | 2,500 | 0.0% | 0.00% | 0.0% | |
| PG | PROCTER & GAMBLE CO | $272,000 | +3.8% | 3,300 | 0.0% | 0.00% | 0.0% | |
| TWTR | TWITTER INC | $331,000 | -28.5% | 20,000 | 0.0% | 0.00% | -33.3% | |
| UTX | UNITED TECHNOLOGIES CORP | $340,000 | +4.0% | 3,400 | 0.0% | 0.00% | 0.0% | |
| AVB | AVALONBAY CMNTYS INC | $235,000 | +3.1% | 1,237 | 0.0% | 0.00% | 0.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $136,000 | -48.1% | 19,040 | 0.0% | 0.00% | -50.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $148,000 | +52.6% | 14,319 | 0.0% | 0.00% | 0.0% | |
| EFX | Exit | EQUIFAX INC | $0 | – | -1,807 | -100.0% | -0.00% | – |
| BGH | Exit | BABSON CAP GLB SHT DURHGH YL | $0 | – | -17,200 | -100.0% | -0.00% | – |
| CMA | Exit | COMERICA INC | $0 | – | -5,222 | -100.0% | -0.00% | – |
| QCOM | Exit | QUALCOMM INC | $0 | – | -5,159 | -100.0% | -0.00% | – |
| CB | Exit | CHUBB CORP | $0 | – | -2,600 | -100.0% | -0.00% | – |
| IWF | Exit | ISHARES TRrus 1000 grw etf | $0 | – | -4,050 | -100.0% | -0.00% | – |
| HD | Exit | HOME DEPOT INC | $0 | – | -3,687 | -100.0% | -0.00% | – |
| TROW | Exit | PRICE T ROWE GROUP INC | $0 | – | -72,909 | -100.0% | -0.04% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2016-05-09
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.