$29.9 Billion is the total value of Edgewood Management's 73 reported holdings in Q3 2018. The portfolio turnover from Q2 2018 to Q3 2018 was 4.2% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| V | Buy | VISA INC | $2,312,805,000 | +14.9% | 15,409,451 | +1.4% | 7.73% | +5.8% |
| AMZN | Sell | AMAZON COM INC | $2,073,528,000 | +3.7% | 1,035,211 | -12.0% | 6.93% | -4.6% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $1,745,310,000 | +27.8% | 1,445,894 | +19.5% | 5.83% | +17.6% |
| ILMN | Sell | ILLUMINA INC | $1,612,216,000 | +17.1% | 4,392,241 | -10.9% | 5.39% | +7.8% |
| NVDA | Buy | NVIDIA CORP | $1,598,096,000 | +34.3% | 5,686,769 | +13.3% | 5.34% | +23.6% |
| PYPL | Buy | PAYPAL HLDGS INC | $1,467,471,000 | +7.1% | 16,706,180 | +1.6% | 4.90% | -1.4% |
| CME | Buy | CME GROUP INC | $1,460,830,000 | +13.7% | 8,582,518 | +9.5% | 4.88% | +4.6% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $1,434,999,000 | +21.9% | 2,499,999 | +1.6% | 4.80% | +12.2% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $1,418,813,000 | -1.0% | 18,390,315 | +1.4% | 4.74% | -8.8% |
| CELG | Buy | CELGENE CORP | $1,410,141,000 | +27.5% | 15,757,525 | +13.2% | 4.71% | +17.4% |
| BKNG | Buy | BOOKING HLDGS INC | $1,370,658,000 | -0.5% | 690,856 | +1.7% | 4.58% | -8.4% |
| NKE | Buy | NIKE INCcl b | $1,334,037,000 | +8.0% | 15,746,427 | +1.6% | 4.46% | -0.6% |
| SPGI | Buy | S&P GLOBAL INC | $1,280,503,000 | -2.7% | 6,553,573 | +1.5% | 4.28% | -10.5% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $1,157,626,000 | +17.6% | 7,967,144 | +16.7% | 3.87% | +8.2% |
| AGN | Buy | ALLERGAN PLC | $1,107,710,000 | +16.0% | 5,815,362 | +1.5% | 3.70% | +6.7% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $1,079,675,000 | -2.3% | 21,966,947 | +1.6% | 3.61% | -10.0% |
| ECL | Buy | ECOLAB INC | $1,060,237,000 | +33.7% | 6,762,577 | +19.7% | 3.54% | +23.1% |
| INFO | Buy | IHS MARKIT LTD | $1,014,121,000 | +6.3% | 18,793,933 | +1.6% | 3.39% | -2.2% |
| EQIX | Buy | EQUINIX INC | $990,356,000 | +2.3% | 2,287,779 | +1.6% | 3.31% | -5.9% |
| ADBE | Buy | ADOBE SYS INC | $966,586,000 | +70.9% | 3,580,613 | +54.4% | 3.23% | +57.3% |
| NFLX | Buy | NETFLIX INC | $959,090,000 | -2.9% | 2,563,522 | +1.6% | 3.20% | -10.6% |
| FB | Sell | FACEBOOK INCcl a | $742,900,000 | -55.8% | 4,517,208 | -47.7% | 2.48% | -59.3% |
| MMM | Sell | 3M CO | $141,977,000 | +6.7% | 673,805 | -0.4% | 0.47% | -1.9% |
| CL | COLGATE PALMOLIVE CO | $54,245,000 | +3.3% | 810,234 | 0.0% | 0.18% | -5.2% | |
| AAPL | Sell | APPLE INC | $36,182,000 | +20.1% | 160,281 | -1.5% | 0.12% | +11.0% |
| GILD | Sell | GILEAD SCIENCES INC | $14,975,000 | +7.0% | 193,950 | -1.8% | 0.05% | -2.0% |
| ABBV | ABBVIE INC | $7,333,000 | +2.1% | 77,530 | 0.0% | 0.02% | -3.8% | |
| GOOG | Buy | ALPHABET INCcap stk cl c | $7,427,000 | +7.4% | 6,223 | +0.4% | 0.02% | 0.0% |
| VRTX | VERTEX PHARMACEUTICALS INC | $6,746,000 | +13.4% | 35,000 | 0.0% | 0.02% | +4.5% | |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $6,057,000 | +1.3% | 115,035 | 0.0% | 0.02% | -9.1% | |
| DVY | Sell | ISHARES TRselect divid etf | $5,836,000 | +0.8% | 58,497 | -1.2% | 0.02% | -9.5% |
| ABT | ABBOTT LABS | $5,779,000 | +20.3% | 78,778 | 0.0% | 0.02% | +11.8% | |
| JNJ | Buy | JOHNSON & JOHNSON | $4,714,000 | +14.4% | 34,121 | +0.5% | 0.02% | +6.7% |
| PFE | PFIZER INC | $4,274,000 | +21.5% | 96,990 | 0.0% | 0.01% | +7.7% | |
| XOM | Sell | EXXON MOBIL CORP | $4,292,000 | +2.3% | 50,480 | -0.5% | 0.01% | -6.7% |
| SYY | SYSCO CORP | $3,780,000 | +7.3% | 51,609 | 0.0% | 0.01% | 0.0% | |
| PEP | PEPSICO INC | $3,318,000 | +2.7% | 29,678 | 0.0% | 0.01% | -8.3% | |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $3,352,000 | +0.9% | 321,068 | -3.0% | 0.01% | -8.3% |
| BK | BANK NEW YORK MELLON CORP | $2,970,000 | -5.4% | 58,238 | 0.0% | 0.01% | -9.1% | |
| MAR | Sell | MARRIOTT INTL INC NEWcl a | $1,859,000 | +3.5% | 14,077 | -0.8% | 0.01% | -14.3% |
| CSCO | CISCO SYS INC | $1,506,000 | +13.1% | 30,950 | 0.0% | 0.01% | 0.0% | |
| KO | COCA COLA CO | $1,548,000 | +5.3% | 33,520 | 0.0% | 0.01% | 0.0% | |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $1,160,000 | +19.7% | 5,419 | +4.3% | 0.00% | 0.0% |
| VZ | VERIZON COMMUNICATIONS INC | $904,000 | +6.1% | 16,935 | 0.0% | 0.00% | 0.0% | |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $959,000 | +1.1% | 3,300 | -5.7% | 0.00% | 0.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $960,000 | +13.5% | 3 | 0.0% | 0.00% | 0.0% | |
| CVX | CHEVRON CORP NEW | $529,000 | -3.3% | 4,330 | 0.0% | 0.00% | 0.0% | |
| CINF | CINCINNATI FINL CORP | $692,000 | +14.8% | 9,012 | 0.0% | 0.00% | 0.0% | |
| CMA | COMERICA INC | $471,000 | -0.8% | 5,222 | 0.0% | 0.00% | 0.0% | |
| JPM | JPMORGAN CHASE & CO | $681,000 | +8.3% | 6,039 | 0.0% | 0.00% | 0.0% | |
| SBUX | Sell | STARBUCKS CORP | $599,000 | +8.7% | 10,546 | -6.4% | 0.00% | 0.0% |
| UTX | UNITED TECHNOLOGIES CORP | $475,000 | +11.8% | 3,400 | 0.0% | 0.00% | 0.0% | |
| VOD | VODAFONE GROUP PLC NEWsponsored adr | $563,000 | -10.8% | 25,942 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC | $327,000 | +16.8% | 4,605 | 0.0% | 0.00% | 0.0% | |
| PM | PHILIP MORRIS INTL INC | $220,000 | +0.9% | 2,700 | 0.0% | 0.00% | 0.0% | |
| PG | New | PROCTER AND GAMBLE CO | $266,000 | – | 3,200 | +100.0% | 0.00% | – |
| IBM | INTERNATIONAL BUSINESS MACHS | $227,000 | +8.1% | 1,500 | 0.0% | 0.00% | 0.0% | |
| HD | HOME DEPOT INC | $227,000 | +6.1% | 1,097 | 0.0% | 0.00% | 0.0% | |
| HAS | HASBRO INC | $328,000 | +13.9% | 3,121 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $231,000 | -3.3% | 9,000 | 0.0% | 0.00% | 0.0% | |
| NIQ | Sell | NUVEEN INT DUR QUAL MUN TRM | $271,000 | -6.2% | 22,000 | -4.3% | 0.00% | 0.0% |
| MKC | MCCORMICK & CO INC | $329,000 | +13.4% | 2,500 | 0.0% | 0.00% | 0.0% | |
| AWK | AMERICAN WTR WKS CO INC NEW | $220,000 | +3.3% | 2,500 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $199,000 | -19.4% | 14,319 | 0.0% | 0.00% | 0.0% | |
| ET | ENERGY TRANSFER EQUITY L P | $254,000 | +0.8% | 14,584 | 0.0% | 0.00% | 0.0% | |
| CB | Sell | CHUBB LIMITED | $209,000 | -2.3% | 1,564 | -7.1% | 0.00% | 0.0% |
| ITM | VANECK VECTORS ETF TRamt free int etf | $210,000 | -0.9% | 9,000 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $304,000 | +11.4% | 2,600 | 0.0% | 0.00% | 0.0% | |
| RA | BROOKFIELD REAL ASSETS INCOM | $288,000 | +1.8% | 12,476 | 0.0% | 0.00% | 0.0% | |
| BLE | Sell | BLACKROCK MUNI INCOME TR II | $286,000 | -12.8% | 22,000 | -4.3% | 0.00% | 0.0% |
| AVB | AVALONBAY CMNTYS INC | $224,000 | +5.2% | 1,237 | 0.0% | 0.00% | 0.0% | |
| PPG | PPG INDS INC | $437,000 | +5.3% | 4,000 | 0.0% | 0.00% | -50.0% | |
| SRC | New | SPIRIT RLTY CAP INC NEW | $93,000 | – | 11,500 | +100.0% | 0.00% | – |
| MUB | Exit | ISHARES TRnational mun etf | $0 | – | -2,000 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2018-11-13
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.