$30.5 Billion is the total value of Edgewood Management's 64 reported holdings in Q3 2019. The portfolio turnover from Q2 2019 to Q3 2019 was 6.2% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| V | Sell | VISA INC | $2,223,552,000 | -4.4% | 12,926,878 | -3.6% | 7.29% | -4.6% |
| EQIX | Buy | EQUINIX INC | $2,122,172,000 | +15.7% | 3,679,217 | +1.2% | 6.96% | +15.5% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $1,893,494,000 | +9.4% | 8,562,808 | +1.1% | 6.21% | +9.2% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $1,775,820,000 | +14.1% | 1,454,231 | +1.2% | 5.82% | +13.9% |
| PYPL | Buy | PAYPAL HLDGS INC | $1,767,507,000 | -8.4% | 17,062,530 | +1.2% | 5.80% | -8.6% |
| NKE | Buy | NIKE INCcl b | $1,608,026,000 | +12.7% | 17,121,230 | +0.8% | 5.27% | +12.6% |
| CME | Sell | CME GROUP INC | $1,579,309,000 | +8.0% | 7,472,833 | -0.8% | 5.18% | +7.9% |
| ADBE | Buy | ADOBE INC | $1,487,152,000 | +8.1% | 5,383,357 | +15.3% | 4.88% | +7.9% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $1,480,985,000 | +15.1% | 2,742,920 | +11.8% | 4.86% | +14.9% |
| ILMN | Buy | ILLUMINA INC | $1,452,680,000 | -5.1% | 4,775,096 | +14.8% | 4.76% | -5.3% |
| SPGI | Sell | S&P GLOBAL INC | $1,433,743,000 | -2.4% | 5,852,492 | -9.3% | 4.70% | -2.6% |
| FB | Buy | FACEBOOK INCcl a | $1,418,378,000 | -7.1% | 7,964,836 | +0.6% | 4.65% | -7.3% |
| INFO | Buy | IHS MARKIT LTD | $1,265,027,000 | +6.2% | 18,914,879 | +1.2% | 4.15% | +6.0% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $1,229,717,000 | -2.6% | 6,181,036 | -10.4% | 4.03% | -2.8% |
| NVDA | Sell | NVIDIA CORP | $1,193,268,000 | -7.9% | 6,855,107 | -13.1% | 3.91% | -8.1% |
| ECL | Sell | ECOLAB INC | $1,140,397,000 | -11.6% | 5,758,419 | -11.9% | 3.74% | -11.8% |
| INTU | New | INTUIT | $1,078,152,000 | – | 4,054,118 | +100.0% | 3.54% | – |
| AMZN | Buy | AMAZON COM INC | $1,060,261,000 | -7.3% | 610,781 | +1.1% | 3.48% | -7.5% |
| ALGN | Buy | ALIGN TECHNOLOGY INC | $852,960,000 | +1.2% | 4,714,568 | +53.0% | 2.80% | +1.0% |
| NFLX | Buy | NETFLIX INC | $780,279,000 | -16.8% | 2,915,624 | +14.2% | 2.56% | -16.9% |
| BKNG | Sell | BOOKING HLDGS INC | $763,288,000 | -40.3% | 388,915 | -43.0% | 2.50% | -40.4% |
| MSFT | Buy | MICROSOFT CORP | $652,752,000 | +5.2% | 4,695,045 | +1.4% | 2.14% | +5.1% |
| CL | Sell | COLGATE PALMOLIVE CO | $58,836,000 | +2.5% | 800,376 | -0.1% | 0.19% | +2.1% |
| MMM | Sell | 3M CO | $54,724,000 | -5.2% | 332,869 | -0.1% | 0.18% | -5.8% |
| AAPL | Sell | APPLE INC | $30,878,000 | +12.9% | 137,868 | -0.3% | 0.10% | +12.2% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $7,444,000 | +12.4% | 6,107 | -0.3% | 0.02% | +9.1% |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $7,073,000 | +8.6% | 109,256 | 0.0% | 0.02% | +9.5% | |
| ABT | ABBOTT LABS | $6,109,000 | -0.5% | 73,014 | 0.0% | 0.02% | 0.0% | |
| ABBV | ABBVIE INC | $5,871,000 | +4.1% | 77,530 | 0.0% | 0.02% | 0.0% | |
| CELG | CELGENE CORP | $5,803,000 | +7.4% | 58,440 | 0.0% | 0.02% | +5.6% | |
| VRTX | VERTEX PHARMACEUTICALS INC | $5,930,000 | -7.6% | 35,000 | 0.0% | 0.02% | -9.5% | |
| GILD | Sell | GILEAD SCIENCES INC | $5,916,000 | -7.4% | 93,342 | -1.3% | 0.02% | -9.5% |
| DVY | ISHARES TRselect divid etf | $5,431,000 | +2.4% | 53,267 | 0.0% | 0.02% | +5.9% | |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $5,271,000 | +21.8% | 17,760 | +20.3% | 0.02% | +21.4% |
| SYY | Sell | SYSCO CORP | $4,024,000 | +11.4% | 50,675 | -0.8% | 0.01% | +8.3% |
| PEP | PEPSICO INC | $3,523,000 | +4.5% | 25,699 | 0.0% | 0.01% | +9.1% | |
| DLR | DIGITAL RLTY TR INC | $3,505,000 | +10.2% | 27,000 | 0.0% | 0.01% | +10.0% | |
| PFE | PFIZER INC | $3,361,000 | -17.1% | 93,544 | 0.0% | 0.01% | -15.4% | |
| BK | BANK NEW YORK MELLON CORP | $2,376,000 | +2.4% | 52,561 | 0.0% | 0.01% | 0.0% | |
| XOM | Sell | EXXON MOBIL CORP | $2,341,000 | -8.8% | 33,152 | -1.1% | 0.01% | 0.0% |
| MIE | Sell | COHEN & STEERS MLP INC & ENR | $2,397,000 | -7.5% | 266,365 | -2.7% | 0.01% | -11.1% |
| JNJ | Sell | JOHNSON & JOHNSON | $2,503,000 | -7.2% | 19,346 | -0.0% | 0.01% | -11.1% |
| CSCO | CISCO SYS INC | $1,515,000 | -9.7% | 30,652 | 0.0% | 0.01% | -16.7% | |
| KO | Sell | COCA COLA CO | $1,507,000 | +5.8% | 27,680 | -1.1% | 0.01% | 0.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $935,000 | -2.1% | 3 | 0.0% | 0.00% | 0.0% | |
| EXAS | Buy | EXACT SCIENCES CORP | $904,000 | +53.2% | 10,000 | +100.0% | 0.00% | +50.0% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $955,000 | -2.7% | 4,592 | -0.2% | 0.00% | 0.0% |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $962,000 | +5.0% | 15,935 | -0.6% | 0.00% | 0.0% |
| VOD | Sell | VODAFONE GROUP PLC NEWsponsored adr | $481,000 | +22.1% | 24,135 | -0.0% | 0.00% | +100.0% |
| JPM | JPMORGAN CHASE & CO | $483,000 | +5.2% | 4,104 | 0.0% | 0.00% | 0.0% | |
| PG | PROCTER & GAMBLE CO | $274,000 | +13.7% | 2,200 | 0.0% | 0.00% | 0.0% | |
| HD | Sell | HOME DEPOT INC | $231,000 | +1.3% | 997 | -9.1% | 0.00% | 0.0% |
| HAS | HASBRO INC | $370,000 | +12.1% | 3,121 | 0.0% | 0.00% | 0.0% | |
| HSBCPRA | HSBC HLDGS PLCadr a 1/40pf a | $237,000 | +0.4% | 9,000 | 0.0% | 0.00% | 0.0% | |
| AVB | AVALONBAY CMNTYS INC | $266,000 | +6.0% | 1,237 | 0.0% | 0.00% | 0.0% | |
| MA | MASTERCARD INCcl a | $214,000 | +2.9% | 788 | 0.0% | 0.00% | 0.0% | |
| NYF | ISHARES TRnew york mun etf | $378,000 | +0.8% | 6,600 | 0.0% | 0.00% | 0.0% | |
| CVX | Sell | CHEVRON CORP NEW | $323,000 | -5.0% | 2,720 | -0.4% | 0.00% | 0.0% |
| DIS | DISNEY WALT CO | $339,000 | -6.6% | 2,600 | 0.0% | 0.00% | 0.0% | |
| DUK | New | DUKE ENERGY CORP NEW | $208,000 | – | 2,171 | +100.0% | 0.00% | – |
| ET | ENERGY TRANSFER LP | $191,000 | -6.8% | 14,584 | 0.0% | 0.00% | 0.0% | |
| CB | CHUBB LIMITED | $252,000 | +9.6% | 1,564 | 0.0% | 0.00% | 0.0% | |
| MRK | MERCK & CO INC | $388,000 | +0.5% | 4,605 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $137,000 | -17.5% | 14,319 | 0.0% | 0.00% | -100.0% | |
| SBUX | Exit | STARBUCKS CORP | $0 | – | -7,221 | -100.0% | -0.00% | – |
| SCHW | Exit | THE CHARLES SCHWAB CORPORATI | $0 | – | -22,116,063 | -100.0% | -2.92% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-11-12
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.