$17.9 Billion is the total value of Edgewood Management's 81 reported holdings in Q1 2017. The portfolio turnover from Q4 2016 to Q1 2017 was 6.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AMZN | Buy | AMAZON COM INC | $1,251,360,000 | +23.0% | 1,411,510 | +4.1% | 6.98% | +4.3% |
| CELG | Buy | CELGENE CORP | $1,237,646,000 | +11.5% | 9,946,524 | +3.7% | 6.90% | -5.5% |
| V | Buy | VISA INC | $1,097,452,000 | +18.4% | 12,348,961 | +3.9% | 6.12% | +0.3% |
| ILMN | Sell | ILLUMINA INC | $1,028,292,000 | +21.0% | 6,026,089 | -9.2% | 5.74% | +2.5% |
| PCLN | Buy | PRICELINE GRP INC | $1,011,714,000 | +25.6% | 568,388 | +3.4% | 5.64% | +6.4% |
| FB | Buy | FACEBOOK INCcl a | $967,774,000 | +28.1% | 6,812,913 | +3.8% | 5.40% | +8.6% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $875,339,000 | +10.4% | 14,706,635 | +3.9% | 4.88% | -6.4% |
| CME | Buy | CME GROUP INC | $858,728,000 | +30.2% | 7,228,349 | +26.4% | 4.79% | +10.4% |
| PYPL | Buy | PAYPAL HLDGS INC | $798,817,000 | +13.0% | 18,568,508 | +3.7% | 4.46% | -4.2% |
| SPGI | Sell | S&P GLOBAL INC | $730,602,000 | +13.3% | 5,588,203 | -6.8% | 4.08% | -4.0% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $720,226,000 | +18.0% | 5,925,839 | +2.6% | 4.02% | +0.0% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $704,859,000 | +67.8% | 919,617 | +38.8% | 3.93% | +42.2% |
| EQIX | Buy | EQUINIX INC | $701,793,000 | +16.3% | 1,752,862 | +3.9% | 3.91% | -1.4% |
| INFO | Buy | IHS MARKIT LTD | $683,076,000 | +21.5% | 16,283,098 | +2.6% | 3.81% | +3.0% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $680,617,000 | +11.3% | 802,804 | +4.1% | 3.80% | -5.6% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $677,627,000 | +13.5% | 2,721,392 | +4.2% | 3.78% | -3.8% |
| NKE | Buy | NIKE INCcl b | $661,710,000 | +13.9% | 11,873,490 | +3.9% | 3.69% | -3.5% |
| NVDA | Buy | NVIDIA CORP | $652,270,000 | +24.4% | 5,987,970 | +21.9% | 3.64% | +5.4% |
| AGN | Buy | ALLERGAN PLC | $646,090,000 | +21.8% | 2,704,211 | +7.0% | 3.60% | +3.2% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $606,336,000 | -15.8% | 14,857,526 | -18.6% | 3.38% | -28.6% |
| NFLX | Buy | NETFLIX INC | $598,570,000 | +25.0% | 4,049,594 | +4.7% | 3.34% | +6.0% |
| ECL | Buy | ECOLAB INC | $425,657,000 | +10.7% | 3,396,018 | +3.5% | 2.37% | -6.2% |
| MMM | Sell | 3M CO | $134,778,000 | +6.2% | 704,427 | -0.8% | 0.75% | -9.9% |
| CL | Sell | COLGATE PALMOLIVE CO | $60,230,000 | +11.3% | 822,933 | -0.5% | 0.34% | -5.6% |
| AAPL | Sell | APPLE INC | $24,660,000 | +23.3% | 171,653 | -0.6% | 0.14% | +4.5% |
| GILD | Sell | GILEAD SCIENCES INC | $13,015,000 | -8.3% | 191,628 | -3.3% | 0.07% | -21.5% |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $6,118,000 | +2.3% | 119,235 | -3.2% | 0.03% | -12.8% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $6,004,000 | -2.5% | 7,237 | -9.3% | 0.03% | -19.5% |
| DVY | Sell | ISHARES TRselect divid etf | $5,536,000 | +0.1% | 60,766 | -2.7% | 0.03% | -13.9% |
| ABBV | Sell | ABBVIE INC | $5,453,000 | +1.7% | 83,687 | -2.3% | 0.03% | -14.3% |
| XOM | Sell | EXXON MOBIL CORP | $4,962,000 | -12.0% | 60,500 | -3.1% | 0.03% | -24.3% |
| JNJ | Sell | JOHNSON & JOHNSON | $4,341,000 | +6.4% | 34,851 | -1.6% | 0.02% | -11.1% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $4,194,000 | +48.1% | 38,353 | -0.2% | 0.02% | +21.1% |
| ABT | Sell | ABBOTT LABS | $3,803,000 | +13.6% | 85,631 | -1.7% | 0.02% | -4.5% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $3,823,000 | +2.3% | 341,068 | -0.6% | 0.02% | -16.0% |
| PEP | Sell | PEPSICO INC | $3,779,000 | +2.4% | 33,782 | -4.3% | 0.02% | -12.5% |
| PFE | PFIZER INC | $3,448,000 | +5.3% | 100,790 | 0.0% | 0.02% | -13.6% | |
| SYY | Sell | SYSCO CORP | $3,059,000 | -7.8% | 58,909 | -1.7% | 0.02% | -22.7% |
| BK | BANK NEW YORK MELLON CORP | $2,751,000 | -0.3% | 58,238 | 0.0% | 0.02% | -16.7% | |
| MAR | MARRIOTT INTL INC NEWcl a | $1,665,000 | +13.9% | 17,683 | 0.0% | 0.01% | -10.0% | |
| SBUX | Sell | STARBUCKS CORP | $1,387,000 | -1.4% | 23,754 | -6.2% | 0.01% | -11.1% |
| KO | COCA COLA CO | $1,433,000 | +2.4% | 33,770 | 0.0% | 0.01% | -11.1% | |
| CSCO | CISCO SYS INC | $1,046,000 | +11.9% | 30,950 | 0.0% | 0.01% | 0.0% | |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $833,000 | -19.7% | 17,090 | -12.1% | 0.01% | -28.6% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $825,000 | -91.8% | 3,500 | -92.3% | 0.01% | -92.5% |
| ALXN | Sell | ALEXION PHARMACEUTICALS INC | $628,000 | -3.1% | 5,178 | -2.2% | 0.00% | 0.0% |
| CINF | CINCINNATI FINL CORP | $651,000 | -4.7% | 9,012 | 0.0% | 0.00% | 0.0% | |
| CRM | Sell | SALESFORCE COM INC | $705,000 | +17.7% | 8,550 | -2.2% | 0.00% | 0.0% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $767,000 | -4.0% | 4,600 | -6.1% | 0.00% | -20.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $750,000 | +2.5% | 3 | 0.0% | 0.00% | -20.0% | |
| VOD | VODAFONE GROUP PLC NEWsponsored adr | $688,000 | +8.2% | 26,046 | 0.0% | 0.00% | 0.0% | |
| DG | Sell | DOLLAR GEN CORP NEW | $574,000 | -8.0% | 8,233 | -2.2% | 0.00% | -25.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $624,000 | -0.6% | 7,099 | -2.5% | 0.00% | -25.0% |
| EA | Buy | ELECTRONIC ARTS INC | $502,000 | +37.5% | 5,604 | +21.1% | 0.00% | +50.0% |
| ULTA | Sell | ULTA BEAUTY INC | $527,000 | +9.3% | 1,849 | -2.2% | 0.00% | 0.0% |
| CVX | CHEVRON CORP NEW | $595,000 | -8.7% | 5,539 | 0.0% | 0.00% | -25.0% | |
| CMG | Sell | CHIPOTLE MEXICAN GRILL INC | $585,000 | +15.6% | 1,312 | -2.2% | 0.00% | 0.0% |
| MRK | MERCK & CO INC | $293,000 | +8.1% | 4,605 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $295,000 | +8.9% | 2,600 | 0.0% | 0.00% | 0.0% | |
| NIQ | NUVEEN INT DUR QUAL MUN TRM | $323,000 | +4.9% | 25,000 | 0.0% | 0.00% | 0.0% | |
| PPG | PPG INDS INC | $420,000 | +10.8% | 4,000 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $358,000 | +0.6% | 5,222 | 0.0% | 0.00% | 0.0% | |
| PM | PHILIP MORRIS INTL INC | $305,000 | +23.5% | 2,700 | 0.0% | 0.00% | 0.0% | |
| IBM | INTERNATIONAL BUSINESS MACHS | $288,000 | +5.1% | 1,651 | 0.0% | 0.00% | 0.0% | |
| RA | BROOKFIELD REAL ASSETS INCOM | $284,000 | +2.2% | 12,476 | 0.0% | 0.00% | 0.0% | |
| BLE | BLACKROCK MUNI INCOME TR II | $357,000 | +2.3% | 24,000 | 0.0% | 0.00% | 0.0% | |
| TRIP | Sell | TRIPADVISOR INC | $380,000 | -8.9% | 8,802 | -2.2% | 0.00% | -33.3% |
| UTX | UNITED TECHNOLOGIES CORP | $382,000 | +2.4% | 3,400 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $311,000 | +3.0% | 12,000 | 0.0% | 0.00% | 0.0% | |
| HAS | HASBRO INC | $312,000 | +28.4% | 3,121 | 0.0% | 0.00% | 0.0% | |
| ET | Sell | ENERGY TRANSFER EQUITY L P | $332,000 | -9.8% | 16,840 | -11.6% | 0.00% | 0.0% |
| LULU | Sell | LULULEMON ATHLETICA INC | $406,000 | -21.9% | 7,826 | -2.2% | 0.00% | -33.3% |
| EFX | New | EQUIFAX INC | $205,000 | – | 1,497 | +100.0% | 0.00% | – |
| ITM | VANECK VECTORS ETF TRamt free int etf | $211,000 | +1.0% | 9,000 | 0.0% | 0.00% | 0.0% | |
| CCI | CROWN CASTLE INTL CORP NEW | $266,000 | +9.0% | 2,813 | 0.0% | 0.00% | -50.0% | |
| PG | PROCTER AND GAMBLE CO | $252,000 | +7.2% | 2,800 | 0.0% | 0.00% | -50.0% | |
| AVB | AVALONBAY CMNTYS INC | $227,000 | +3.7% | 1,237 | 0.0% | 0.00% | 0.0% | |
| MUB | ISHARES TRnational mun etf | $218,000 | +0.9% | 2,000 | 0.0% | 0.00% | 0.0% | |
| MKC | MCCORMICK & CO INC | $244,000 | +4.7% | 2,500 | 0.0% | 0.00% | -50.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $191,000 | +1.1% | 14,319 | 0.0% | 0.00% | 0.0% | |
| CB | CHUBB LIMITED | $213,000 | +2.9% | 1,564 | 0.0% | 0.00% | 0.0% | |
| IVW | Exit | ISHARES TRs&p 500 grwt etf | $0 | – | -1,755 | -100.0% | -0.00% | – |
| IWF | Exit | ISHARES TRrus 1000 grw etf | $0 | – | -2,641 | -100.0% | -0.00% | – |
| VUG | Exit | VANGUARD INDEX FDSgrowth etf | $0 | – | -2,473 | -100.0% | -0.00% | – |
| REGN | Exit | REGENERON PHARMACEUTICALS | $0 | – | -2,500 | -100.0% | -0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-05-12
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.