EDGEWOOD MANAGEMENT LLC

Fundamental diversified ★Signal CIK 860561
League rank
#636
in Fundamental diversified · #4804 overall
Long book
$15.50B
Q1 2026
Positions
87
Top-10 weight
63%
concentration
Last quarter
+10.4%
SPY +14.8%
Turnover
9%
of book per quarter

Strategy in plain words

auto-generated from filings

EDGEWOOD MANAGEMENT LLC is a diversified fundamental manager, running a $15.50B US long book across 87 positions.

The portfolio is concentrated: the top 10 names carry 63% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NETFLIX INC, ASML HOLDING NV-NY REG SHS, NVIDIA CORP, BROADCOM INC, VISA INC-CLASS A SHARES.

Over the last 9 quarters its long book ran on average 3.1pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.9%
Q2 2024
+0.7%
Q3 2024
+2.2%
Q4 2024
-7.2%
Q1 2025
+15.0%
Q2 2025
-1.2%
Q3 2025
+3.0%
Q4 2025
-13.4%
Q1 2026
+10.4%

Sector allocation

Technology
35%
Services media
25%
Industrials
18%
Healthcare
15%
Communications
4%
Financials
2%
Other
0%
Consumer discretionary
0%

Long book by quarter

$37.23B
Q1 2024
$36.89B
Q2 2024
$37.08B
Q3 2024
$34.83B
Q4 2024
$28.73B
Q1 2025
$31.45B
Q2 2025
$28.22B
Q3 2025
$21.00B
Q4 2025
$15.50B
Q1 2026

What does EDGEWOOD MANAGEMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NFLX NETFLIX INCServices media14.0M$1.34B8.7%+15.5%
ASML ASML HOLDING NV-NY REG SHSIndustrials943.0K$1.25B8.0%-37.1%
NVDA NVIDIA CORPTechnology7.0M$1.22B7.9%-19.2%
AVGO BROADCOM INCTechnology3.5M$1.08B6.9%-12.6%
V VISA INC-CLASS A SHARESServices media2.9M$886.0M5.7%-20.2%
SNPS SYNOPSYS INCTechnology2.2M$876.1M5.7%-15.9%
AXON AXON ENTERPRISE INCIndustrials2.0M$861.5M5.6%+36.1%
MSCI MSCI INCServices media1.4M$755.7M4.9%-0.4%
SHOP SHOPIFY INC - CLASS ATechnology6.1M$719.6M4.6%-2.2%
ISRG INTUITIVE SURGICAL INCHealthcare1.6M$717.3M4.6%-14.1%
TDG TRANSDIGM GROUP INCIndustrials617.5K$715.7M4.6%+6.2%
LLY ELI LILLY & COHealthcare693.5K$637.8M4.1%-44.8%
SPOT SPOTIFY TECHNOLOGY SACommunications1.3M$621.0M4.0%+21.0%
APH AMPHENOL CORP-CL ATechnology4.6M$581.8M3.8%+47.5%
FICO FAIR ISAAC CORPServices media537.5K$573.8M3.7%-1.9%
INTU INTUIT INCTechnology1.2M$499.1M3.2%-15.0%
BSX BOSTON SCIENTIFIC CORPHealthcare7.6M$478.7M3.1%-2.2%
NOW SERVICENOW INCTechnology4.2M$441.4M2.8%+37.2%
VRTX VERTEX PHARMACEUTICALS INCHealthcare905.1K$404.2M2.6%-14.6%
BX BLACKSTONE INCFinancials2.5M$289.1M1.9%-56.3%
SPGI S&P GLOBAL INCServices media656.0K$279.0M1.8%-60.1%
CL COLGATE-PALMOLIVE COOther605.1K$51.6M0.3%-0.1%
AAPL APPLE INCTechnology146.7K$37.2M0.2%-13.2%
MMM 3M COHealthcare83.6K$12.1M0.1%-10.6%
ABBV ABBVIE INCHealthcare45.5K$9.9M0.1%-19.3%
CME CME GROUP INCFinancials28.0K$8.3M0.1%-18.2%
META META PLATFORMS INC-CLASS ATechnology14.3K$8.2M0.1%Held
ABT ABBOTT LABORATORIESHealthcare68.0K$7.0M0.0%Held
APP APPLOVIN CORP-CLASS ATechnology14.4K$5.7M0.0%Held
JPM JPMORGAN CHASE & COFinancials19.2K$5.6M0.0%-1.9%
JNJ JOHNSON & JOHNSONHealthcare18.4K$4.5M0.0%-1.5%
SOLV SOLVENTUM CORPHealthcare64.7K$4.2M0.0%-6.6%
GILD GILEAD SCIENCES INCHealthcare27.8K$3.9M0.0%Held
BNY BANK OF NEW YORK MELLON CORPFinancials29.7K$3.5M0.0%Held
PEP PEPSICO INCConsumer staples20.9K$3.2M0.0%0.0%
AVAV AEROVIRONMENT INCIndustrials15.0K$2.7M0.0%Held
AMD ADVANCED MICRO DEVICESTechnology13.1K$2.7M0.0%Held
SYY SYSCO CORPConsumer discretionary35.1K$2.5M0.0%Held
NEE NEXTERA ENERGY INCUtilities26.4K$2.5M0.0%Held
PFE PFIZER INCHealthcare82.2K$2.3M0.0%Held
ALNT ALLIENT INCTechnology38.8K$2.3M0.0%Held
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials3$2.2M0.0%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.4K$2.1M0.0%-2.2%
MOG/B MOOG INC-CLASS BIndustrials7.2K$2.1M0.0%Held
CSCO CISCO SYSTEMS INCTechnology26.8K$2.1M0.0%Held
AH30 ASSERTIO HOLDINGS INC107.5K$2.0M0.0%0.0%
DELL DELL TECHNOLOGIES -CTechnology10.0K$1.6M0.0%Held
KO COCA-COLA CO/THEConsumer staples20.7K$1.6M0.0%Held
ARWR ARROWHEAD PHARMACEUTICALS INHealthcare25.0K$1.6M0.0%Held
XOM EXXON MOBIL CORPEnergy9.0K$1.5M0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202687$15.50B canonicalSEC ↗
Q4 202513F-HRFeb 12, 202689$21.00B canonicalSEC ↗
Q3 202513F-HRNov 12, 202588$28.22B canonicalSEC ↗
Q2 202513F-HRAug 13, 202583$31.45B canonicalSEC ↗
Q1 202513F-HRMay 14, 202584$28.73B canonicalSEC ↗
Q4 202413F-HRFeb 13, 202583$34.83B canonicalSEC ↗
Q3 202413F-HRNov 12, 202478$37.08B canonicalSEC ↗
Q2 202413F-HRAug 13, 202480$36.89B canonicalSEC ↗
Q1 202413F-HRMay 14, 202479$37.23B canonicalSEC ↗