$20.4 Billion is the total value of Edgewood Management's 79 reported holdings in Q2 2017. The portfolio turnover from Q1 2017 to Q2 2017 was 2.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AMZN | Buy | AMAZON COM INC | $1,425,014,000 | +13.9% | 1,472,122 | +4.3% | 6.98% | +0.1% |
| CELG | Buy | CELGENE CORP | $1,358,174,000 | +9.7% | 10,457,953 | +5.1% | 6.66% | -3.6% |
| V | Buy | VISA INC | $1,248,130,000 | +13.7% | 13,309,130 | +7.8% | 6.12% | -0.1% |
| PCLN | Buy | PRICELINE GRP INC | $1,158,533,000 | +14.5% | 619,364 | +9.0% | 5.68% | +0.6% |
| FB | Buy | FACEBOOK INCcl a | $1,079,911,000 | +11.6% | 7,152,673 | +5.0% | 5.29% | -1.9% |
| PYPL | Buy | PAYPAL HLDGS INC | $1,049,366,000 | +31.4% | 19,552,184 | +5.3% | 5.14% | +15.4% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $1,027,361,000 | +17.4% | 15,472,308 | +5.2% | 5.04% | +3.1% |
| CME | Buy | CME GROUP INC | $960,758,000 | +11.9% | 7,671,335 | +6.1% | 4.71% | -1.7% |
| ILMN | Sell | ILLUMINA INC | $917,665,000 | -10.8% | 5,288,523 | -12.2% | 4.50% | -21.6% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $901,445,000 | +27.9% | 963,731 | +4.8% | 4.42% | +12.4% |
| AGN | Buy | ALLERGAN PLC | $869,454,000 | +34.6% | 3,576,676 | +32.3% | 4.26% | +18.2% |
| SPGI | Buy | S&P GLOBAL INC | $859,045,000 | +17.6% | 5,884,275 | +5.3% | 4.21% | +3.3% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $824,045,000 | +14.4% | 6,227,665 | +5.1% | 4.04% | +0.5% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $797,579,000 | +31.5% | 18,565,612 | +25.0% | 3.91% | +15.6% |
| EQIX | Buy | EQUINIX INC | $791,598,000 | +12.8% | 1,844,530 | +5.2% | 3.88% | -0.9% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $787,599,000 | +15.7% | 847,172 | +5.5% | 3.86% | +1.7% |
| INFO | Buy | IHS MARKIT LTD | $745,601,000 | +9.2% | 16,930,083 | +4.0% | 3.65% | -4.1% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $736,613,000 | +8.7% | 2,869,660 | +5.4% | 3.61% | -4.5% |
| NKE | Buy | NIKE INCcl b | $726,232,000 | +9.8% | 12,309,015 | +3.7% | 3.56% | -3.6% |
| NVDA | Sell | NVIDIA CORP | $714,129,000 | +9.5% | 4,940,020 | -17.5% | 3.50% | -3.8% |
| NFLX | Buy | NETFLIX INC | $636,398,000 | +6.3% | 4,259,405 | +5.2% | 3.12% | -6.6% |
| ECL | Buy | ECOLAB INC | $460,997,000 | +8.3% | 3,472,674 | +2.3% | 2.26% | -4.8% |
| MMM | Sell | 3M CO | $146,039,000 | +8.4% | 701,471 | -0.4% | 0.72% | -4.8% |
| CL | Sell | COLGATE PALMOLIVE CO | $60,928,000 | +1.2% | 821,903 | -0.1% | 0.30% | -11.0% |
| AAPL | Sell | APPLE INC | $24,505,000 | -0.6% | 170,151 | -0.9% | 0.12% | -13.0% |
| GILD | Buy | GILEAD SCIENCES INC | $15,177,000 | +16.6% | 214,424 | +11.9% | 0.07% | +1.4% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $6,542,000 | +9.0% | 7,199 | -0.5% | 0.03% | -3.0% |
| ABBV | ABBVIE INC | $6,068,000 | +11.3% | 83,687 | 0.0% | 0.03% | 0.0% | |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $6,195,000 | +1.3% | 119,235 | 0.0% | 0.03% | -11.8% | |
| DVY | Sell | ISHARES TRselect divid etf | $5,500,000 | -0.7% | 59,646 | -1.8% | 0.03% | -12.9% |
| VRTX | VERTEX PHARMACEUTICALS INC | $4,943,000 | +17.9% | 38,353 | 0.0% | 0.02% | +4.3% | |
| JNJ | Sell | JOHNSON & JOHNSON | $4,605,000 | +6.1% | 34,808 | -0.1% | 0.02% | -4.2% |
| XOM | Sell | EXXON MOBIL CORP | $4,287,000 | -13.6% | 53,105 | -12.2% | 0.02% | -25.0% |
| ABT | ABBOTT LABS | $4,163,000 | +9.5% | 85,631 | 0.0% | 0.02% | -4.8% | |
| PEP | Sell | PEPSICO INC | $3,857,000 | +2.1% | 33,393 | -1.2% | 0.02% | -9.5% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $3,650,000 | -4.5% | 336,068 | -1.5% | 0.02% | -14.3% |
| PFE | PFIZER INC | $3,386,000 | -1.8% | 100,790 | 0.0% | 0.02% | -10.5% | |
| BK | BANK NEW YORK MELLON CORP | $2,971,000 | +8.0% | 58,238 | 0.0% | 0.02% | 0.0% | |
| SYY | Buy | SYSCO CORP | $2,985,000 | -2.4% | 59,309 | +0.7% | 0.02% | -11.8% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $1,894,000 | +13.8% | 18,883 | +6.8% | 0.01% | 0.0% |
| KO | Sell | COCA COLA CO | $1,503,000 | +4.9% | 33,520 | -0.7% | 0.01% | -12.5% |
| SBUX | Sell | STARBUCKS CORP | $1,299,000 | -6.3% | 22,270 | -6.2% | 0.01% | -25.0% |
| CSCO | CISCO SYS INC | $969,000 | -7.4% | 30,950 | 0.0% | 0.01% | -16.7% | |
| BRKB | BERKSHIRE HATHAWAY INC DELcl b new | $779,000 | +1.6% | 4,600 | 0.0% | 0.00% | 0.0% | |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $756,000 | -9.2% | 16,935 | -0.9% | 0.00% | -20.0% |
| CRM | SALESFORCE COM INC | $740,000 | +5.0% | 8,550 | 0.0% | 0.00% | 0.0% | |
| EA | Buy | ELECTRONIC ARTS INC | $728,000 | +45.0% | 6,884 | +22.8% | 0.00% | +33.3% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $764,000 | +1.9% | 3 | 0.0% | 0.00% | 0.0% | |
| SPY | SPDR S&P 500 ETF TRtr unit | $846,000 | +2.5% | 3,500 | 0.0% | 0.00% | -20.0% | |
| VOD | Sell | VODAFONE GROUP PLC NEWsponsored adr | $745,000 | +8.3% | 25,942 | -0.4% | 0.00% | 0.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $644,000 | +3.2% | 7,049 | -0.7% | 0.00% | 0.0% |
| CVX | Sell | CHEVRON CORP NEW | $577,000 | -3.0% | 5,527 | -0.2% | 0.00% | 0.0% |
| CMG | CHIPOTLE MEXICAN GRILL INC | $546,000 | -6.7% | 1,312 | 0.0% | 0.00% | 0.0% | |
| LULU | Buy | LULULEMON ATHLETICA INC | $672,000 | +65.5% | 11,266 | +44.0% | 0.00% | +50.0% |
| DG | DOLLAR GEN CORP NEW | $594,000 | +3.5% | 8,233 | 0.0% | 0.00% | 0.0% | |
| ULTA | ULTA BEAUTY INC | $531,000 | +0.8% | 1,849 | 0.0% | 0.00% | 0.0% | |
| ALXN | ALEXION PHARMACEUTICALS INC | $630,000 | +0.3% | 5,178 | 0.0% | 0.00% | -25.0% | |
| CINF | CINCINNATI FINL CORP | $653,000 | +0.3% | 9,012 | 0.0% | 0.00% | -25.0% | |
| HAS | HASBRO INC | $348,000 | +11.5% | 3,121 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $317,000 | +1.9% | 12,000 | 0.0% | 0.00% | 0.0% | |
| PPG | PPG INDS INC | $440,000 | +4.8% | 4,000 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $382,000 | +6.7% | 5,222 | 0.0% | 0.00% | 0.0% | |
| PM | PHILIP MORRIS INTL INC | $317,000 | +3.9% | 2,700 | 0.0% | 0.00% | 0.0% | |
| BLE | Sell | BLACKROCK MUNI INCOME TR II | $351,000 | -1.7% | 23,000 | -4.2% | 0.00% | 0.0% |
| TRIP | Buy | TRIPADVISOR INC | $428,000 | +12.6% | 11,192 | +27.2% | 0.00% | 0.0% |
| UTX | UNITED TECHNOLOGIES CORP | $415,000 | +8.6% | 3,400 | 0.0% | 0.00% | 0.0% | |
| NIQ | Sell | NUVEEN INT DUR QUAL MUN TRM | $298,000 | -7.7% | 23,000 | -8.0% | 0.00% | -50.0% |
| CB | Buy | CHUBB LIMITED | $245,000 | +15.0% | 1,684 | +7.7% | 0.00% | 0.0% |
| PG | Buy | PROCTER AND GAMBLE CO | $264,000 | +4.8% | 3,033 | +8.3% | 0.00% | 0.0% |
| RA | BROOKFIELD REAL ASSETS INCOM | $289,000 | +1.8% | 12,476 | 0.0% | 0.00% | -50.0% | |
| DIS | DISNEY WALT CO | $276,000 | -6.4% | 2,600 | 0.0% | 0.00% | -50.0% | |
| IBM | INTERNATIONAL BUSINESS MACHS | $254,000 | -11.8% | 1,651 | 0.0% | 0.00% | -50.0% | |
| ITM | VANECK VECTORS ETF TRamt free int etf | $215,000 | +1.9% | 9,000 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC | $295,000 | +0.7% | 4,605 | 0.0% | 0.00% | -50.0% | |
| MKC | MCCORMICK & CO INC | $244,000 | 0.0% | 2,500 | 0.0% | 0.00% | 0.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $302,000 | -9.0% | 16,840 | 0.0% | 0.00% | -50.0% | |
| MUB | ISHARES TRnational mun etf | $220,000 | +0.9% | 2,000 | 0.0% | 0.00% | 0.0% | |
| AVB | AVALONBAY CMNTYS INC | $238,000 | +4.8% | 1,237 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $172,000 | -9.9% | 14,319 | 0.0% | 0.00% | 0.0% | |
| EFX | Exit | EQUIFAX INC | $0 | – | -1,497 | -100.0% | -0.00% | – |
| CCI | Exit | CROWN CASTLE INTL CORP NEW | $0 | – | -2,813 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-08-11
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.