$21.8 Billion is the total value of Edgewood Management's 80 reported holdings in Q3 2017. The portfolio turnover from Q2 2017 to Q3 2017 was 3.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CELG | Buy | CELGENE CORP | $1,539,407,000 | +13.3% | 10,556,896 | +0.9% | 7.08% | +6.3% |
| V | Buy | VISA INC | $1,479,422,000 | +18.5% | 14,057,598 | +5.6% | 6.80% | +11.2% |
| FB | Buy | FACEBOOK INCcl a | $1,233,707,000 | +14.2% | 7,220,147 | +0.9% | 5.67% | +7.1% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $1,227,063,000 | +19.4% | 16,915,676 | +9.3% | 5.64% | +12.0% |
| AMZN | Sell | AMAZON COM INC | $1,151,493,000 | -19.2% | 1,197,787 | -18.6% | 5.29% | -24.2% |
| PCLN | Buy | PRICELINE GRP INC | $1,144,623,000 | -1.2% | 625,197 | +0.9% | 5.26% | -7.3% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $1,090,589,000 | +38.5% | 1,120,023 | +32.2% | 5.01% | +29.9% |
| CME | Buy | CME GROUP INC | $1,042,549,000 | +8.5% | 7,683,879 | +0.2% | 4.79% | +1.8% |
| ILMN | Sell | ILLUMINA INC | $1,022,555,000 | +11.4% | 5,133,307 | -2.9% | 4.70% | +4.5% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $1,010,359,000 | +12.1% | 2,898,113 | +200.7% | 4.64% | +5.1% |
| PYPL | Sell | PAYPAL HLDGS INC | $988,910,000 | -5.8% | 15,444,479 | -21.0% | 4.55% | -11.6% |
| SPGI | Buy | S&P GLOBAL INC | $941,843,000 | +9.6% | 6,025,481 | +2.4% | 4.33% | +2.8% |
| AGN | Buy | ALLERGAN PLC | $911,192,000 | +4.8% | 4,445,924 | +24.3% | 4.19% | -1.7% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $880,283,000 | +10.4% | 20,125,345 | +8.4% | 4.05% | +3.5% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $864,736,000 | +4.9% | 6,326,717 | +1.6% | 3.98% | -1.6% |
| NVDA | Sell | NVIDIA CORP | $832,688,000 | +16.6% | 4,657,871 | -5.7% | 3.83% | +9.4% |
| EQIX | Buy | EQUINIX INC | $831,358,000 | +5.0% | 1,862,778 | +1.0% | 3.82% | -1.5% |
| INFO | Buy | IHS MARKIT LTD | $753,258,000 | +1.0% | 17,088,421 | +0.9% | 3.46% | -5.3% |
| NKE | Buy | NIKE INCcl b | $738,646,000 | +1.7% | 14,245,826 | +15.7% | 3.40% | -4.6% |
| NFLX | Sell | NETFLIX INC | $643,854,000 | +1.2% | 3,550,339 | -16.6% | 2.96% | -5.1% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $642,544,000 | -12.8% | 2,900,220 | +1.1% | 2.95% | -18.2% |
| ECL | Buy | ECOLAB INC | $450,578,000 | -2.3% | 3,503,447 | +0.9% | 2.07% | -8.3% |
| MMM | Sell | 3M CO | $146,776,000 | +0.5% | 699,265 | -0.3% | 0.68% | -5.7% |
| CL | Sell | COLGATE PALMOLIVE CO | $59,577,000 | -2.2% | 817,803 | -0.5% | 0.27% | -8.4% |
| AAPL | Sell | APPLE INC | $26,099,000 | +6.5% | 169,342 | -0.5% | 0.12% | 0.0% |
| GILD | Sell | GILEAD SCIENCES INC | $17,123,000 | +12.8% | 211,342 | -1.4% | 0.08% | +6.8% |
| ABBV | Sell | ABBVIE INC | $7,076,000 | +16.6% | 79,630 | -4.8% | 0.03% | +10.0% |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $6,166,000 | -0.5% | 116,235 | -2.5% | 0.03% | -6.7% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $5,823,000 | +17.8% | 38,299 | -0.1% | 0.03% | +12.5% |
| DVY | Sell | ISHARES TRselect divid etf | $5,548,000 | +0.9% | 59,246 | -0.7% | 0.03% | -3.7% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $5,471,000 | -16.4% | 5,704 | -20.8% | 0.02% | -21.9% |
| JNJ | Buy | JOHNSON & JOHNSON | $4,558,000 | -1.0% | 35,056 | +0.7% | 0.02% | -8.7% |
| ABT | Sell | ABBOTT LABS | $4,399,000 | +5.7% | 82,431 | -3.7% | 0.02% | 0.0% |
| XOM | Sell | EXXON MOBIL CORP | $4,304,000 | +0.4% | 52,505 | -1.1% | 0.02% | -4.8% |
| PEP | Sell | PEPSICO INC | $3,651,000 | -5.3% | 32,763 | -1.9% | 0.02% | -10.5% |
| PFE | Sell | PFIZER INC | $3,463,000 | +2.3% | 96,990 | -3.8% | 0.02% | -5.9% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $3,473,000 | -4.8% | 333,022 | -0.9% | 0.02% | -11.1% |
| SYY | Sell | SYSCO CORP | $3,092,000 | +3.6% | 57,309 | -3.4% | 0.01% | -6.7% |
| BK | BANK NEW YORK MELLON CORP | $3,088,000 | +3.9% | 58,238 | 0.0% | 0.01% | -6.7% | |
| MAR | MARRIOTT INTL INC NEWcl a | $2,082,000 | +9.9% | 18,883 | 0.0% | 0.01% | +11.1% | |
| KO | COCA COLA CO | $1,509,000 | +0.4% | 33,520 | 0.0% | 0.01% | 0.0% | |
| SBUX | Buy | STARBUCKS CORP | $1,330,000 | +2.4% | 24,761 | +11.2% | 0.01% | 0.0% |
| CSCO | CISCO SYS INC | $1,041,000 | +7.4% | 30,950 | 0.0% | 0.01% | 0.0% | |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $1,160,000 | +37.1% | 4,616 | +31.9% | 0.01% | +25.0% |
| CRM | Sell | SALESFORCE COM INC | $786,000 | +6.2% | 8,411 | -1.6% | 0.00% | 0.0% |
| EA | Sell | ELECTRONIC ARTS INC | $800,000 | +9.9% | 6,772 | -1.6% | 0.00% | 0.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $824,000 | +7.9% | 3 | 0.0% | 0.00% | 0.0% | |
| VZ | VERIZON COMMUNICATIONS INC | $838,000 | +10.8% | 16,935 | 0.0% | 0.00% | 0.0% | |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $952,000 | +22.2% | 5,194 | +12.9% | 0.00% | 0.0% |
| JPM | JPMORGAN CHASE & CO | $673,000 | +4.5% | 7,049 | 0.0% | 0.00% | 0.0% | |
| LULU | Sell | LULULEMON ATHLETICA INC | $690,000 | +2.7% | 11,083 | -1.6% | 0.00% | 0.0% |
| DG | Sell | DOLLAR GEN CORP NEW | $656,000 | +10.4% | 8,099 | -1.6% | 0.00% | 0.0% |
| CINF | CINCINNATI FINL CORP | $690,000 | +5.7% | 9,012 | 0.0% | 0.00% | 0.0% | |
| CVX | Sell | CHEVRON CORP NEW | $626,000 | +8.5% | 5,327 | -3.6% | 0.00% | 0.0% |
| ULTA | Buy | ULTA BEAUTY INC | $694,000 | +30.7% | 3,068 | +65.9% | 0.00% | 0.0% |
| VOD | VODAFONE GROUP PLC NEWsponsored adr | $738,000 | -0.9% | 25,942 | 0.0% | 0.00% | -25.0% | |
| ALXN | Sell | ALEXION PHARMACEUTICALS INC | $715,000 | +13.5% | 5,094 | -1.6% | 0.00% | 0.0% |
| UTX | UNITED TECHNOLOGIES CORP | $395,000 | -4.8% | 3,400 | 0.0% | 0.00% | 0.0% | |
| BLE | BLACKROCK MUNI INCOME TR II | $350,000 | -0.3% | 23,000 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $398,000 | +4.2% | 5,222 | 0.0% | 0.00% | 0.0% | |
| TRIP | Sell | TRIPADVISOR INC | $446,000 | +4.2% | 11,010 | -1.6% | 0.00% | 0.0% |
| TWTR | New | TWITTER INC | $408,000 | – | 24,201 | +100.0% | 0.00% | – |
| PPG | PPG INDS INC | $435,000 | -1.1% | 4,000 | 0.0% | 0.00% | 0.0% | |
| RA | BROOKFIELD REAL ASSETS INCOM | $297,000 | +2.8% | 12,476 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC | $295,000 | 0.0% | 4,605 | 0.0% | 0.00% | 0.0% | |
| MUB | ISHARES TRnational mun etf | $222,000 | +0.9% | 2,000 | 0.0% | 0.00% | 0.0% | |
| ITM | VANECK VECTORS ETF TRamt free int etf | $216,000 | +0.5% | 9,000 | 0.0% | 0.00% | 0.0% | |
| MKC | MCCORMICK & CO INC | $257,000 | +5.3% | 2,500 | 0.0% | 0.00% | 0.0% | |
| IBM | INTERNATIONAL BUSINESS MACHS | $240,000 | -5.5% | 1,651 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $201,000 | +16.9% | 14,319 | 0.0% | 0.00% | 0.0% | |
| NIQ | NUVEEN INT DUR QUAL MUN TRM | $304,000 | +2.0% | 23,000 | 0.0% | 0.00% | 0.0% | |
| AVB | AVALONBAY CMNTYS INC | $221,000 | -7.1% | 1,237 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $256,000 | -7.2% | 2,600 | 0.0% | 0.00% | 0.0% | |
| PG | Sell | PROCTER AND GAMBLE CO | $221,000 | -16.3% | 2,433 | -19.8% | 0.00% | 0.0% |
| HAS | HASBRO INC | $305,000 | -12.4% | 3,121 | 0.0% | 0.00% | -50.0% | |
| CB | CHUBB LIMITED | $240,000 | -2.0% | 1,684 | 0.0% | 0.00% | 0.0% | |
| AWK | New | AMERICAN WTR WKS CO INC NEW | $202,000 | – | 2,500 | +100.0% | 0.00% | – |
| PM | PHILIP MORRIS INTL INC | $300,000 | -5.4% | 2,700 | 0.0% | 0.00% | -50.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $293,000 | -3.0% | 16,840 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $317,000 | 0.0% | 12,000 | 0.0% | 0.00% | -50.0% | |
| CMG | Exit | CHIPOTLE MEXICAN GRILL INC | $0 | – | -1,312 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-11-13
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.