$28.6 Billion is the total value of Edgewood Management's 65 reported holdings in Q1 2019. The portfolio turnover from Q4 2018 to Q1 2019 was 20.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| V | Buy | VISA INC | $2,223,382,000 | +19.0% | 14,235,110 | +0.5% | 7.78% | +1.3% |
| PYPL | Sell | PAYPAL HLDGS INC | $1,738,359,000 | +14.3% | 16,740,749 | -7.5% | 6.08% | -2.7% |
| AMT | Sell | AMERICAN TOWER CORP NEW | $1,678,599,000 | +8.1% | 8,518,211 | -13.2% | 5.88% | -8.0% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $1,674,626,000 | +13.5% | 1,422,925 | +0.7% | 5.86% | -3.4% |
| EQIX | Buy | EQUINIX INC | $1,631,921,000 | +57.5% | 3,601,204 | +22.6% | 5.71% | +34.1% |
| NKE | Buy | NIKE INCcl b | $1,415,272,000 | +23.9% | 16,806,458 | +9.1% | 4.95% | +5.5% |
| NVDA | Buy | NVIDIA CORP | $1,411,112,000 | +34.7% | 7,858,720 | +0.1% | 4.94% | +14.7% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $1,384,805,000 | +19.8% | 2,427,012 | +0.5% | 4.85% | +2.0% |
| SPGI | Buy | S&P GLOBAL INC | $1,354,224,000 | +25.0% | 6,431,841 | +0.9% | 4.74% | +6.4% |
| FB | Buy | FACEBOOK INCcl a | $1,293,540,000 | +123.0% | 7,760,151 | +75.4% | 4.53% | +89.8% |
| ILMN | Buy | ILLUMINA INC | $1,277,224,000 | +4.1% | 4,110,928 | +0.5% | 4.47% | -11.4% |
| ADBE | Buy | ADOBE INC | $1,231,896,000 | +19.0% | 4,622,672 | +1.1% | 4.31% | +1.3% |
| CME | Buy | CME GROUP INC | $1,220,868,000 | -8.7% | 7,418,081 | +4.4% | 4.27% | -22.3% |
| BKNG | Buy | BOOKING HLDGS INC | $1,179,685,000 | +2.1% | 676,072 | +0.7% | 4.13% | -13.1% |
| ECL | Buy | ECOLAB INC | $1,142,365,000 | +20.4% | 6,470,855 | +0.5% | 4.00% | +2.5% |
| EL | Buy | LAUDER ESTEE COS INCcl a | $1,129,893,000 | +128.5% | 6,825,089 | +79.6% | 3.95% | +94.6% |
| AMZN | Buy | AMAZON COM INC | $1,064,883,000 | +18.6% | 597,997 | +0.1% | 3.73% | +1.0% |
| INFO | Buy | IHS MARKIT LTD | $1,006,906,000 | +14.4% | 18,516,115 | +0.9% | 3.52% | -2.7% |
| SCHW | Buy | THE CHARLES SCHWAB CORPORATI | $934,704,000 | +3.9% | 21,859,304 | +0.9% | 3.27% | -11.5% |
| NFLX | Buy | NETFLIX INC | $901,480,000 | +34.0% | 2,528,271 | +0.6% | 3.16% | +14.1% |
| CTSH | Sell | COGNIZANT TECHNOLOGY SOLUTIOcl a | $844,114,000 | -25.8% | 11,650,983 | -35.0% | 2.95% | -36.9% |
| ALGN | New | ALIGN TECHNOLOGY INC | $572,707,000 | – | 2,014,235 | +100.0% | 2.00% | – |
| MMM | Sell | 3M CO | $71,341,000 | -44.0% | 343,347 | -48.6% | 0.25% | -52.3% |
| CL | Sell | COLGATE PALMOLIVE CO | $54,912,000 | +14.9% | 801,170 | -0.2% | 0.19% | -2.0% |
| AAPL | Sell | APPLE INC | $26,580,000 | +5.4% | 139,931 | -12.5% | 0.09% | -10.6% |
| AGN | Sell | ALLERGAN PLC | $16,801,000 | -97.9% | 114,751 | -98.1% | 0.06% | -98.2% |
| GILD | Sell | GILEAD SCIENCES INC | $8,744,000 | -23.8% | 134,510 | -26.6% | 0.03% | -34.0% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $7,302,000 | +13.4% | 6,223 | +0.0% | 0.03% | 0.0% |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $6,530,000 | +9.9% | 112,256 | 0.0% | 0.02% | -4.2% | |
| VRTX | VERTEX PHARMACEUTICALS INC | $6,438,000 | +11.0% | 35,000 | 0.0% | 0.02% | -4.2% | |
| ABBV | ABBVIE INC | $6,248,000 | -12.6% | 77,530 | 0.0% | 0.02% | -24.1% | |
| ABT | Sell | ABBOTT LABS | $6,077,000 | +6.7% | 76,014 | -3.5% | 0.02% | -8.7% |
| CELG | Sell | CELGENE CORP | $5,513,000 | +29.2% | 58,440 | -12.2% | 0.02% | +5.6% |
| DVY | ISHARES TRselect divid etf | $5,558,000 | +9.9% | 56,607 | 0.0% | 0.02% | -9.5% | |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $4,386,000 | -90.5% | 15,527 | -91.6% | 0.02% | -92.1% |
| PFE | Sell | PFIZER INC | $3,973,000 | -5.1% | 93,544 | -2.5% | 0.01% | -17.6% |
| XOM | Sell | EXXON MOBIL CORP | $3,798,000 | +10.4% | 46,999 | -6.8% | 0.01% | -7.1% |
| SYY | SYSCO CORP | $3,410,000 | +6.6% | 51,075 | 0.0% | 0.01% | -7.7% | |
| PEP | Sell | PEPSICO INC | $3,211,000 | +9.8% | 26,199 | -1.0% | 0.01% | -8.3% |
| JNJ | Sell | JOHNSON & JOHNSON | $2,719,000 | -38.2% | 19,454 | -43.0% | 0.01% | -44.4% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $2,908,000 | +22.5% | 309,043 | -2.3% | 0.01% | 0.0% |
| BK | BANK NEW YORK MELLON CORP | $2,676,000 | +7.1% | 53,061 | 0.0% | 0.01% | -10.0% | |
| CSCO | CISCO SYS INC | $1,671,000 | +24.6% | 30,950 | 0.0% | 0.01% | 0.0% | |
| KO | COCA COLA CO | $1,335,000 | -1.0% | 28,480 | 0.0% | 0.01% | -16.7% | |
| BRKB | BERKSHIRE HATHAWAY INC DELcl b new | $924,000 | -1.6% | 4,600 | 0.0% | 0.00% | -25.0% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $904,000 | -1.5% | 3 | 0.0% | 0.00% | -25.0% | |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $948,000 | -0.4% | 16,035 | -5.3% | 0.00% | -25.0% |
| CVX | CHEVRON CORP NEW | $496,000 | +13.2% | 4,030 | 0.0% | 0.00% | 0.0% | |
| EXAS | New | EXACT SCIENCES CORP | $433,000 | – | 5,000 | +100.0% | 0.00% | – |
| SBUX | Sell | STARBUCKS CORP | $582,000 | -6.7% | 7,824 | -19.2% | 0.00% | -33.3% |
| VOD | VODAFONE GROUP PLC NEWsponsored adr | $461,000 | -5.5% | 25,334 | 0.0% | 0.00% | 0.0% | |
| MKC | MCCORMICK & CO INC | $301,000 | +8.3% | 2,000 | 0.0% | 0.00% | 0.0% | |
| HAS | HASBRO INC | $265,000 | +4.3% | 3,121 | 0.0% | 0.00% | 0.0% | |
| HD | New | HOME DEPOT INC | $211,000 | – | 1,097 | +100.0% | 0.00% | – |
| FCX | FREEPORT-MCMORAN INCcl b | $185,000 | +25.0% | 14,319 | 0.0% | 0.00% | 0.0% | |
| JPM | Sell | JPMORGAN CHASE & CO | $415,000 | -29.7% | 4,104 | -32.0% | 0.00% | -50.0% |
| MA | New | MASTERCARD INCcl a | $204,000 | – | 867 | +100.0% | 0.00% | – |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $232,000 | 0.0% | 9,000 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC | $383,000 | +8.8% | 4,605 | 0.0% | 0.00% | 0.0% | |
| ET | ENERGY TRANSFER LP | $224,000 | +16.1% | 14,584 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $289,000 | +1.4% | 2,600 | 0.0% | 0.00% | 0.0% | |
| PG | PROCTER AND GAMBLE CO | $229,000 | +13.4% | 2,200 | 0.0% | 0.00% | 0.0% | |
| AVB | AVALONBAY CMNTYS INC | $248,000 | +15.3% | 1,237 | 0.0% | 0.00% | 0.0% | |
| AWK | AMERICAN WTR WKS CO INC NEW | $261,000 | +15.0% | 2,500 | 0.0% | 0.00% | 0.0% | |
| CB | CHUBB LIMITED | $219,000 | +8.4% | 1,564 | 0.0% | 0.00% | 0.0% | |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -3,400 | -100.0% | -0.00% | – |
| CMA | Exit | COMERICA INC | $0 | – | -5,222 | -100.0% | -0.00% | – |
| SCHX | Exit | SCHWAB STRATEGIC TRus lrg cap etf | $0 | – | -8,545 | -100.0% | -0.00% | – |
| PPG | Exit | PPG INDS INC | $0 | – | -4,000 | -100.0% | -0.00% | – |
| VUG | Exit | VANGUARD INDEX FDSgrowth etf | $0 | – | -5,923 | -100.0% | -0.00% | – |
| CINF | Exit | CINCINNATI FINL CORP | $0 | – | -9,012 | -100.0% | -0.00% | – |
| ITOT | Exit | ISHARES TRcore s&p ttl stk | $0 | – | -19,475 | -100.0% | -0.01% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -12,615 | -100.0% | -0.01% | – |
| VOO | Exit | VANGUARD INDEX FDS | $0 | – | -8,725 | -100.0% | -0.01% | – |
| XLV | Exit | SELECT SECTOR SPDR TRsbi healthcare | $0 | – | -30,847 | -100.0% | -0.01% | – |
| IWF | Exit | ISHARES TRrus 1000 grw etf | $0 | – | -146,654 | -100.0% | -0.08% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-05-13
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.