$25.1 Billion is the total value of Edgewood Management's 71 reported holdings in Q1 2018. The portfolio turnover from Q4 2017 to Q1 2018 was 15.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| V | Buy | VISA INC | $1,773,643,000 | +8.9% | 14,827,315 | +3.8% | 7.08% | -0.1% |
| AMZN | Sell | AMAZON COM INC | $1,664,088,000 | +16.9% | 1,149,756 | -5.5% | 6.64% | +7.2% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $1,426,743,000 | +17.3% | 17,723,514 | +3.5% | 5.70% | +7.6% |
| BKNG | New | BOOKING HLDGS INC | $1,378,227,000 | – | 662,485 | +100.0% | 5.50% | – |
| FB | Buy | FACEBOOK INCcl a | $1,349,109,000 | +3.9% | 8,443,014 | +14.7% | 5.39% | -4.7% |
| CME | Buy | CME GROUP INC | $1,233,269,000 | +14.5% | 7,625,012 | +3.4% | 4.92% | +5.0% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $1,224,052,000 | +2.2% | 1,180,219 | +3.8% | 4.89% | -6.3% |
| ILMN | Sell | ILLUMINA INC | $1,218,539,000 | +7.7% | 5,154,129 | -0.4% | 4.86% | -1.2% |
| PYPL | Buy | PAYPAL HLDGS INC | $1,217,879,000 | +7.5% | 16,052,176 | +4.3% | 4.86% | -1.4% |
| SPGI | Buy | S&P GLOBAL INC | $1,212,313,000 | +16.6% | 6,345,194 | +3.3% | 4.84% | +6.9% |
| NVDA | Buy | NVIDIA CORP | $1,134,257,000 | +23.8% | 4,897,695 | +3.4% | 4.53% | +13.5% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $1,120,022,000 | +5.6% | 21,448,152 | +3.9% | 4.47% | -3.1% |
| CELG | Buy | CELGENE CORP | $1,068,819,000 | -11.2% | 11,980,937 | +3.9% | 4.27% | -18.6% |
| NKE | Buy | NIKE INCcl b | $1,004,014,000 | +10.2% | 15,111,596 | +3.8% | 4.01% | +1.1% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $990,678,000 | +17.4% | 2,399,725 | +3.8% | 3.96% | +7.6% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $969,928,000 | +5.6% | 6,673,513 | +3.7% | 3.87% | -3.1% |
| AGN | Buy | ALLERGAN PLC | $939,750,000 | +27.9% | 5,584,109 | +24.3% | 3.75% | +17.3% |
| EQIX | Buy | EQUINIX INC | $922,666,000 | +10.1% | 2,206,596 | +19.4% | 3.68% | +1.0% |
| INFO | Buy | IHS MARKIT LTD | $870,912,000 | +10.9% | 18,053,722 | +3.8% | 3.48% | +1.8% |
| ECL | Buy | ECOLAB INC | $754,748,000 | +6.0% | 5,506,295 | +3.8% | 3.01% | -2.8% |
| NFLX | Sell | NETFLIX INC | $728,975,000 | +23.2% | 2,468,174 | -19.9% | 2.91% | +13.0% |
| ADS | Sell | ALLIANCE DATA SYSTEMS CORP | $521,726,000 | -29.1% | 2,451,031 | -15.6% | 2.08% | -35.0% |
| MMM | Sell | 3M CO | $148,617,000 | -8.4% | 677,011 | -1.8% | 0.59% | -16.0% |
| CL | Sell | COLGATE PALMOLIVE CO | $58,342,000 | -5.2% | 813,926 | -0.3% | 0.23% | -13.1% |
| AAPL | Sell | APPLE INC | $27,422,000 | -2.5% | 163,443 | -1.7% | 0.11% | -10.7% |
| GILD | Sell | GILEAD SCIENCES INC | $15,761,000 | +5.2% | 209,061 | -0.0% | 0.06% | -3.1% |
| ABBV | ABBVIE INC | $7,433,000 | -2.1% | 78,530 | 0.0% | 0.03% | -9.1% | |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $5,704,000 | -0.6% | 35,000 | -8.6% | 0.02% | -8.0% |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $5,813,000 | -5.1% | 115,035 | -1.0% | 0.02% | -14.8% |
| DVY | ISHARES TRselect divid etf | $5,633,000 | -3.5% | 59,218 | 0.0% | 0.02% | -12.0% | |
| GOOG | Sell | ALPHABET INCcap stk cl c | $5,106,000 | -14.3% | 4,949 | -13.1% | 0.02% | -23.1% |
| ABT | ABBOTT LABS | $4,780,000 | +5.0% | 79,778 | 0.0% | 0.02% | -5.0% | |
| JNJ | Sell | JOHNSON & JOHNSON | $4,351,000 | -8.6% | 33,956 | -0.3% | 0.02% | -19.0% |
| XOM | Sell | EXXON MOBIL CORP | $3,855,000 | -11.3% | 51,672 | -0.6% | 0.02% | -21.1% |
| PFE | PFIZER INC | $3,442,000 | -2.0% | 96,990 | 0.0% | 0.01% | -6.7% | |
| PEP | Sell | PEPSICO INC | $3,294,000 | -13.1% | 30,178 | -4.6% | 0.01% | -23.5% |
| BK | BANK NEW YORK MELLON CORP | $3,001,000 | -4.3% | 58,238 | 0.0% | 0.01% | -14.3% | |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $3,006,000 | -11.7% | 331,022 | -0.3% | 0.01% | -20.0% |
| SYY | Sell | SYSCO CORP | $3,094,000 | -11.1% | 51,609 | -9.9% | 0.01% | -20.0% |
| MAR | MARRIOTT INTL INC NEWcl a | $2,530,000 | +0.2% | 18,603 | 0.0% | 0.01% | -9.1% | |
| KO | COCA COLA CO | $1,456,000 | -5.3% | 33,520 | 0.0% | 0.01% | -14.3% | |
| CSCO | CISCO SYS INC | $1,327,000 | +12.0% | 30,950 | 0.0% | 0.01% | 0.0% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $897,000 | +0.4% | 3 | 0.0% | 0.00% | 0.0% | |
| BRKB | BERKSHIRE HATHAWAY INC DELcl b new | $1,036,000 | +0.6% | 5,194 | 0.0% | 0.00% | 0.0% | |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $921,000 | -88.9% | 3,500 | -88.7% | 0.00% | -88.9% |
| JPM | Sell | JPMORGAN CHASE & CO | $677,000 | -8.9% | 6,159 | -11.4% | 0.00% | 0.0% |
| CINF | CINCINNATI FINL CORP | $669,000 | -1.0% | 9,012 | 0.0% | 0.00% | 0.0% | |
| SBUX | Sell | STARBUCKS CORP | $664,000 | -52.6% | 11,466 | -53.0% | 0.00% | -50.0% |
| VOD | VODAFONE GROUP PLC NEWsponsored adr | $722,000 | -12.8% | 25,942 | 0.0% | 0.00% | -25.0% | |
| VZ | VERIZON COMMUNICATIONS INC | $810,000 | -9.6% | 16,935 | 0.0% | 0.00% | -25.0% | |
| CMA | COMERICA INC | $501,000 | +10.6% | 5,222 | 0.0% | 0.00% | 0.0% | |
| UTX | UNITED TECHNOLOGIES CORP | $428,000 | -1.4% | 3,400 | 0.0% | 0.00% | 0.0% | |
| PPG | PPG INDS INC | $446,000 | -4.5% | 4,000 | 0.0% | 0.00% | 0.0% | |
| CVX | Sell | CHEVRON CORP NEW | $494,000 | -25.6% | 4,330 | -18.3% | 0.00% | -33.3% |
| NIQ | NUVEEN INT DUR QUAL MUN TRM | $289,000 | -2.4% | 23,000 | 0.0% | 0.00% | 0.0% | |
| MUB | ISHARES TRnational mun etf | $218,000 | -1.4% | 2,000 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | Sell | HSBC HLDGS PLCadr a 1/40pf a | $232,000 | -25.2% | 9,000 | -25.0% | 0.00% | 0.0% |
| MKC | MCCORMICK & CO INC | $266,000 | +4.3% | 2,500 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC | $251,000 | -3.1% | 4,605 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $252,000 | -7.0% | 14,319 | 0.0% | 0.00% | 0.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $207,000 | -17.9% | 14,584 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $261,000 | -6.8% | 2,600 | 0.0% | 0.00% | 0.0% | |
| HAS | HASBRO INC | $263,000 | -7.4% | 3,121 | 0.0% | 0.00% | 0.0% | |
| PM | PHILIP MORRIS INTL INC | $268,000 | -6.0% | 2,700 | 0.0% | 0.00% | 0.0% | |
| RA | BROOKFIELD REAL ASSETS INCOM | $272,000 | -6.8% | 12,476 | 0.0% | 0.00% | 0.0% | |
| BLE | BLACKROCK MUNI INCOME TR II | $308,000 | -7.2% | 23,000 | 0.0% | 0.00% | 0.0% | |
| ITM | VANECK VECTORS ETF TRamt free int etf | $212,000 | -2.3% | 9,000 | 0.0% | 0.00% | 0.0% | |
| AVB | AVALONBAY CMNTYS INC | $203,000 | -8.1% | 1,237 | 0.0% | 0.00% | 0.0% | |
| AWK | AMERICAN WTR WKS CO INC NEW | $205,000 | -10.5% | 2,500 | 0.0% | 0.00% | 0.0% | |
| CB | CHUBB LIMITED | $230,000 | -6.5% | 1,684 | 0.0% | 0.00% | 0.0% | |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $230,000 | -9.1% | 1,500 | -9.1% | 0.00% | 0.0% |
| HD | Exit | HOME DEPOT INC | $0 | – | -1,097 | -100.0% | -0.00% | – |
| IWF | Exit | ISHARES TRrus 1000 grw etf | $0 | – | -2,309 | -100.0% | -0.00% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -2,433 | -100.0% | -0.00% | – |
| TRIP | Exit | TRIPADVISOR INC | $0 | – | -11,010 | -100.0% | -0.00% | – |
| DG | Exit | DOLLAR GEN CORP NEW | $0 | – | -8,099 | -100.0% | -0.00% | – |
| ALXN | Exit | ALEXION PHARMACEUTICALS INC | $0 | – | -5,094 | -100.0% | -0.00% | – |
| TWTR | Exit | TWITTER INC | $0 | – | -24,201 | -100.0% | -0.00% | – |
| EA | Exit | ELECTRONIC ARTS INC | $0 | – | -6,772 | -100.0% | -0.00% | – |
| ULTA | Exit | ULTA BEAUTY INC | $0 | – | -3,068 | -100.0% | -0.00% | – |
| CRM | Exit | SALESFORCE COM INC | $0 | – | -8,411 | -100.0% | -0.00% | – |
| LULU | Exit | LULULEMON ATHLETICA INC | $0 | – | -11,083 | -100.0% | -0.00% | – |
| PCLN | Exit | PRICELINE GRP INC | $0 | – | -699,851 | -100.0% | -5.29% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2018-05-11
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.