$41.4 Billion is the total value of Edgewood Management's 76 reported holdings in Q2 2020. The portfolio turnover from Q1 2020 to Q2 2020 was 13.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PYPL | Sell | PAYPAL HLDGS INC | $2,740,336,000 | +65.3% | 15,728,269 | -9.2% | 6.62% | +20.3% |
| V | Buy | VISA INC | $2,688,058,000 | +26.7% | 13,915,506 | +5.6% | 6.50% | -7.8% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $2,377,671,000 | +25.5% | 9,196,532 | +5.7% | 5.74% | -8.7% |
| FB | Buy | FACEBOOK INCcl a | $2,372,079,000 | +58.5% | 10,446,466 | +16.4% | 5.73% | +15.3% |
| NVDA | Buy | NVIDIA CORPORATION | $2,268,354,000 | +48.6% | 5,970,768 | +3.1% | 5.48% | +8.1% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $2,215,808,000 | +29.1% | 1,562,574 | +5.8% | 5.35% | -6.0% |
| ADBE | Buy | ADOBE INC | $2,174,063,000 | +42.1% | 4,994,286 | +3.9% | 5.25% | +3.4% |
| EQIX | Buy | EQUINIX INC | $2,055,788,000 | +18.0% | 2,927,221 | +4.9% | 4.97% | -14.1% |
| ILMN | Buy | ILLUMINA INC | $2,012,676,000 | +51.6% | 5,434,524 | +11.8% | 4.86% | +10.3% |
| AMZN | Buy | AMAZON COM INC | $2,011,436,000 | +49.1% | 729,093 | +5.4% | 4.86% | +8.5% |
| INTU | Buy | INTUIT | $1,875,012,000 | +36.5% | 6,330,438 | +6.0% | 4.53% | -0.7% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $1,863,304,000 | +23.3% | 3,269,930 | +7.2% | 4.50% | -10.2% |
| NKE | Buy | NIKE INCcl b | $1,803,427,000 | +25.3% | 18,392,930 | +5.7% | 4.36% | -8.8% |
| SPGI | Buy | S&P GLOBAL INC | $1,656,258,000 | +42.1% | 5,026,885 | +5.7% | 4.00% | +3.4% |
| SNAP | Buy | SNAP INCcl a | $1,540,319,000 | +109.7% | 65,573,413 | +6.1% | 3.72% | +52.6% |
| INFO | Buy | IHS MARKIT LTD | $1,535,052,000 | +33.1% | 20,331,808 | +5.8% | 3.71% | -3.1% |
| MSFT | Buy | MICROSOFT CORP | $1,501,166,000 | +36.5% | 7,376,376 | +5.8% | 3.63% | -0.7% |
| ALGN | Buy | ALIGN TECHNOLOGY INC | $1,409,747,000 | +69.6% | 5,136,812 | +7.5% | 3.41% | +23.5% |
| CME | Buy | CME GROUP INC | $1,347,590,000 | -0.7% | 8,290,818 | +5.6% | 3.26% | -27.7% |
| EL | Buy | LAUDER ESTEE COS INCcl a | $1,250,964,000 | +25.2% | 6,630,083 | +5.7% | 3.02% | -8.9% |
| ECL | Buy | ECOLAB INC | $1,229,304,000 | +34.9% | 6,178,961 | +5.7% | 2.97% | -1.8% |
| NFLX | Buy | NETFLIX INC | $1,193,005,000 | +27.9% | 2,621,759 | +5.5% | 2.88% | -6.9% |
| CL | Sell | COLGATE PALMOLIVE CO | $58,086,000 | +10.3% | 792,869 | -0.1% | 0.14% | -20.0% |
| MMM | 3M CO | $49,846,000 | +14.3% | 319,548 | 0.0% | 0.12% | -17.2% | |
| AAPL | Sell | APPLE INC | $46,570,000 | +43.0% | 127,659 | -0.3% | 0.11% | +4.6% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $11,348,000 | +14.8% | 39,088 | -5.9% | 0.03% | -18.2% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $9,539,000 | +35.5% | 6,748 | +11.5% | 0.02% | 0.0% |
| GILD | Sell | GILEAD SCIENCES INC | $8,254,000 | +2.7% | 107,282 | -0.2% | 0.02% | -25.9% |
| ABBV | ABBVIE INC | $7,813,000 | +28.9% | 79,580 | 0.0% | 0.02% | -5.0% | |
| ABT | ABBOTT LABS | $6,749,000 | +15.9% | 73,814 | 0.0% | 0.02% | -15.8% | |
| XLU | Sell | SELECT SECTOR SPDR TRsbi int-utils | $6,317,000 | +1.2% | 111,946 | -0.6% | 0.02% | -28.6% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $5,085,000 | -82.4% | 16,489 | -85.3% | 0.01% | -87.5% |
| BMY | BRISTOL-MYERS SQUIBB CO | $4,375,000 | +5.5% | 74,399 | 0.0% | 0.01% | -21.4% | |
| PLD | PROLOGIS INC. | $4,591,000 | +16.1% | 49,190 | 0.0% | 0.01% | -15.4% | |
| DLR | DIGITAL RLTY TR INC | $3,993,000 | +2.3% | 28,101 | 0.0% | 0.01% | -23.1% | |
| DVY | Sell | ISHARES TRselect divid etf | $4,229,000 | +8.7% | 52,386 | -1.0% | 0.01% | -23.1% |
| PEP | Sell | PEPSICO INC | $4,121,000 | +9.6% | 31,159 | -0.4% | 0.01% | -16.7% |
| RPRX | New | ROYALTY PHARMA PLC | $3,398,000 | – | 70,000 | +100.0% | 0.01% | – |
| JNJ | JOHNSON & JOHNSON | $2,767,000 | +7.2% | 19,676 | 0.0% | 0.01% | -22.2% | |
| PFE | PFIZER INC | $2,836,000 | +0.2% | 86,728 | 0.0% | 0.01% | -22.2% | |
| SYY | SYSCO CORP | $2,190,000 | +19.7% | 40,074 | 0.0% | 0.01% | -16.7% | |
| BK | BANK NEW YORK MELLON CORP | $1,481,000 | +14.8% | 38,307 | 0.0% | 0.00% | 0.0% | |
| ARWR | Buy | ARROWHEAD PHARMACEUTICALS IN | $1,080,000 | +134.8% | 25,000 | +56.2% | 0.00% | +50.0% |
| NEE | NEXTERA ENERGY INC | $1,345,000 | -0.1% | 5,600 | 0.0% | 0.00% | -25.0% | |
| JPM | JPMORGAN CHASE & CO | $1,074,000 | +4.5% | 11,414 | 0.0% | 0.00% | 0.0% | |
| XOM | Sell | EXXON MOBIL CORP | $1,251,000 | +17.5% | 27,966 | -0.3% | 0.00% | -25.0% |
| CSCO | Sell | CISCO SYS INC | $1,364,000 | +16.9% | 29,238 | -1.5% | 0.00% | -25.0% |
| KO | COCA COLA CO | $1,237,000 | +1.0% | 27,680 | 0.0% | 0.00% | -25.0% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $802,000 | -1.7% | 3 | 0.0% | 0.00% | -33.3% | |
| BRKB | BERKSHIRE HATHAWAY INC DELcl b new | $810,000 | -2.4% | 4,538 | 0.0% | 0.00% | -33.3% | |
| MRK | MERCK & CO. INC | $897,000 | +0.4% | 11,605 | 0.0% | 0.00% | -33.3% | |
| DRNA | DICERNA PHARMACEUTICALS INC | $635,000 | +38.3% | 25,000 | 0.0% | 0.00% | 0.0% | |
| VZ | VERIZON COMMUNICATIONS INC | $1,011,000 | +2.6% | 18,331 | 0.0% | 0.00% | -33.3% | |
| VOD | Sell | VODAFONE GROUP PLC NEWsponsored adr | $821,000 | +15.3% | 51,513 | -0.4% | 0.00% | 0.0% |
| SCHW | SCHWAB CHARLES CORP | $307,000 | +0.3% | 9,100 | 0.0% | 0.00% | 0.0% | |
| NLY | ANNALY CAPITAL MANAGEMENT IN | $292,000 | +29.2% | 44,500 | 0.0% | 0.00% | 0.0% | |
| BMRN | BIOMARIN PHARMACEUTICAL INC | $617,000 | +46.2% | 5,000 | 0.0% | 0.00% | 0.0% | |
| BNY | BLACKROCK N Y MUN INCOME TRsh ben int | $473,000 | +1.9% | 35,000 | 0.0% | 0.00% | -50.0% | |
| BX | BLACKSTONE GROUP INC | $510,000 | +24.4% | 9,000 | 0.0% | 0.00% | 0.0% | |
| BMYRT | BRISTOL-MYERS SQUIBB COright 99/99/9999 | $263,000 | -6.1% | 73,599 | 0.0% | 0.00% | 0.0% | |
| CVX | New | CHEVRON CORP NEW | $238,000 | – | 2,670 | +100.0% | 0.00% | – |
| CGNX | Sell | COGNEX CORP | $509,000 | -25.7% | 8,516 | -47.5% | 0.00% | -50.0% |
| DIS | DISNEY WALT CO | $290,000 | +15.5% | 2,600 | 0.0% | 0.00% | 0.0% | |
| DUK | DUKE ENERGY CORP NEW | $616,000 | -1.1% | 7,705 | 0.0% | 0.00% | -50.0% | |
| ETG | EATON VANCE TX ADV GLBL DIV | $243,000 | +19.7% | 17,000 | 0.0% | 0.00% | 0.0% | |
| HD | New | HOME DEPOT INC | $211,000 | – | 843 | +100.0% | 0.00% | – |
| LAC | LITHIUM AMERS CORP NEW | $254,000 | +91.0% | 50,000 | 0.0% | 0.00% | – | |
| PG | PROCTER AND GAMBLE CO | $263,000 | +8.7% | 2,200 | 0.0% | 0.00% | 0.0% | |
| T | AT&T INC | $441,000 | +3.5% | 14,600 | 0.0% | 0.00% | 0.0% | |
| SYK | STRYKER CORPORATION | $288,000 | +8.3% | 1,600 | 0.0% | 0.00% | 0.0% | |
| TSLA | New | TESLA INC | $324,000 | – | 300 | +100.0% | 0.00% | – |
| URI | UNITED RENTALS INC | $596,000 | +44.7% | 4,000 | 0.0% | 0.00% | 0.0% | |
| KIN | KINDRED BIOSCIENCES INC | $135,000 | +12.5% | 30,000 | 0.0% | 0.00% | – | |
| FCX | FREEPORT-MCMORAN INCcl b | $166,000 | +71.1% | 14,319 | 0.0% | 0.00% | – | |
| ET | ENERGY TRANSFER LP | $104,000 | +55.2% | 14,584 | 0.0% | 0.00% | – | |
| ARMP | ARMATA PHARMACEUTICALS INC | $157,000 | +26.6% | 40,000 | 0.0% | 0.00% | – | |
| HAS | Exit | HASBRO INC | $0 | – | -3,121 | -100.0% | -0.00% | – |
| NYF | Exit | ISHARES TRnew york mun etf | $0 | – | -6,600 | -100.0% | -0.00% | – |
| HSBCPRA | Exit | HSBC HLDGS PLCadr a 1/40pf a | $0 | – | -9,000 | -100.0% | -0.00% | – |
| VWO | Exit | VANGUARD INTL EQUITY INDEX Fftse emr mkt etf | $0 | – | -8,641 | -100.0% | -0.00% | – |
| FLT | Exit | FLEETCOR TECHNOLOGIES INC | $0 | – | -1,400 | -100.0% | -0.00% | – |
| IWF | Exit | ISHARES TRrus 1000 grw etf | $0 | – | -4,390 | -100.0% | -0.00% | – |
| CCI | Exit | CROWN CASTLE INTL CORP NEW | $0 | – | -5,000 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2020-08-12
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.