Edgewood Management 13F annual report
Edgewood Management is an investment fund managing more than $36.9 trillion ran by Fausto Rotundo. There are currently 79 companies in Mr. Rotundo’s portfolio. The largest investments include Netflix and Microsoft, together worth $4.93 trillion.
$36.9 trillion Assets Under Management (AUM)
As of 6th August 2024, Edgewood Management’s top holding is 3,960,049 shares of Netflix currently worth over $2.67 trillion and making up 7.2% of the portfolio value.
Relative to the number of outstanding shares of Netflix, Edgewood Management owns more than approximately 0.1% of the company.
In addition, the fund holds 5,061,190 shares of Microsoft worth $2.26 trillion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Asml Holding N V worth $2.21 trillion and the next is Visa Inc worth $2.14 trillion, with 8,139,787 shares owned.
Currently, Edgewood Management's portfolio is worth at least $36.9 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Edgewood Management
The Edgewood Management office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Fausto Rotundo serves as the Chief Financial Officer at Edgewood Management.
Recent trades
In the most recent 13F filing, Edgewood Management revealed that it had opened a new position in
Trade Desk Inc and bought 4,258,585 shares worth $416 billion.
This means they effectively own approximately 0.1% of the company.
Trade Desk Inc makes up
3.0%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
307,992 additional shares.
This makes their stake in Microsoft total 5,061,190 shares worth $2.26 trillion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Edgewood Management is getting rid of from its portfolio.
Edgewood Management closed its position in Grayscale Bitcoin Tr Btc on 13th August 2024.
It sold the previously owned 15,000 shares for $948 million.
Fausto Rotundo also disclosed a decreased stake in Netflix by approximately 0.1%.
This leaves the value of the investment at $2.67 trillion and 3,960,049 shares.
One of the largest hedge funds
The two most similar investment funds to Edgewood Management are Mercer Global Advisors Inc adv and Mitsubishi Ufj Financial Group Inc. They manage $36.7 trillion and $36.6 trillion respectively.
Fausto Rotundo investment strategy
Edgewood Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 37.4% of
the total portfolio value.
The fund focuses on investments in the United States as
65.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
62% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $207 billion.
The complete list of Edgewood Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Netflix Inc. |
9.55%
3,960,049
|
$2,672,557,869,000 | 7.24% |
| Microsoft Corporation |
6.48%
5,061,190
|
$2,262,098,871,000 | 6.13% |
| Asml Holding N V |
1.67%
2,156,195
|
$2,205,205,312,000 | 5.98% |
| Visa Inc |
2.03%
8,139,787
|
$2,136,449,894,000 | 5.79% |
| Eli Lilly & Co |
2.18%
2,273,690
|
$2,058,553,452,000 | 5.58% |
| ServiceNow Inc |
9.93%
2,586,257
|
$2,034,530,794,000 | 5.52% |
| Adobe Inc |
2.35%
3,497,405
|
$1,942,948,374,000 | 5.27% |
| NVIDIA Corp |
417.38%
15,679,079
|
$1,936,993,420,000 | 5.25% |
| Airbnb, Inc. |
5.82%
12,438,969
|
$1,886,120,869,000 | 5.11% |
| Intuit Inc |
10.89%
2,809,041
|
$1,846,129,836,000 | 5.00% |
| Uber Technologies Inc |
42.33%
24,924,292
|
$1,811,497,543,000 | 4.91% |
| S&P Global Inc |
7.82%
3,984,244
|
$1,776,972,824,000 | 4.82% |
| Intuitive Surgical Inc |
1.94%
3,973,166
|
$1,767,462,895,000 | 4.79% |
| Danaher Corp. |
9.34%
6,502,092
|
$1,624,547,686,000 | 4.40% |
| Synopsys, Inc. |
12.56%
2,582,823
|
$1,536,934,654,000 | 4.17% |
| Blackstone Inc |
1.99%
11,822,378
|
$1,463,610,396,000 | 3.97% |
| Chipotle Mexican Grill |
3,778.87%
21,595,667
|
$1,352,968,538,000 | 3.67% |
| Copart, Inc. |
51.51%
20,430,493
|
$1,106,515,501,000 | 3.00% |
| Lululemon Athletica inc. |
2.09%
3,232,743
|
$965,620,334,000 | 2.62% |
| MSCI Inc |
20.29%
1,877,425
|
$904,449,494,000 | 2.45% |
| Lauder Estee Cos Inc |
0.97%
7,922,712
|
$842,976,557,000 | 2.29% |
| Trade Desk Inc |
Opened
4,258,585
|
$415,935,997,000 | 1.13% |
| Colgate-Palmolive Co. |
2.86%
701,114
|
$68,036,103,000 | 0.18% |
| Apple Inc |
0.37%
239,851
|
$50,517,418,000 | 0.14% |
| 3M Co. |
0.74%
269,146
|
$27,504,030,000 | 0.07% |
| Equinix Inc |
1.02%
29,058
|
$21,985,283,000 | 0.06% |
| Spdr S&p 500 Etf Tr |
16.11%
31,797
|
$17,304,563,000 | 0.05% |
| Abbvie Inc |
0.21%
80,359
|
$13,783,176,000 | 0.04% |
| American Tower Corp. |
76.27%
61,873
|
$12,026,874,000 | 0.03% |
| CME Group Inc |
2.57%
53,860
|
$10,588,876,000 | 0.03% |
| Vertex Pharmaceuticals, Inc. |
No change
19,387
|
$9,087,075,000 | 0.02% |
| Abbott Labs |
No change
72,130
|
$7,495,028,000 | 0.02% |
| Amazon.com Inc. |
No change
37,880
|
$7,320,310,000 | 0.02% |
| Ishares Tr |
1.39%
57,728
|
$6,983,933,000 | 0.02% |
| Meta Platforms Inc |
No change
13,400
|
$6,756,548,000 | 0.02% |
| Select Sector Spdr Tr |
0.23%
88,286
|
$6,015,808,000 | 0.02% |
| Prologis Inc |
3.20%
44,795
|
$5,030,926,000 | 0.01% |
| JPMorgan Chase & Co. |
No change
21,464
|
$4,341,309,000 | 0.01% |
| Digital Rlty Tr Inc |
No change
28,101
|
$4,272,757,000 | 0.01% |
| Pepsico Inc |
2.40%
24,431
|
$4,029,405,000 | 0.01% |
| Solventum Corp |
Opened
74,809
|
$3,955,900,000 | 0.01% |
| Illumina Inc |
99.47%
35,342
|
$3,688,998,000 | 0.01% |
| Bristol-Myers Squibb Co. |
No change
75,000
|
$3,114,750,000 | 0.01% |
| Johnson & Johnson |
No change
19,552
|
$2,857,720,000 | 0.01% |
| Gilead Sciences, Inc. |
6.10%
41,015
|
$2,814,039,000 | 0.01% |
| Sysco Corp. |
No change
39,074
|
$2,789,493,000 | 0.01% |
| Taiwan Semiconductor Mfg Ltd |
15.38%
15,000
|
$2,607,150,000 | 0.01% |
| Grail Inc |
Opened
162,035
|
$2,490,478,000 | 0.01% |
| Pfizer Inc. |
No change
84,911
|
$2,375,810,000 | 0.01% |
| Advanced Micro Devices Inc. |
4.17%
13,972
|
$2,266,398,000 | 0.01% |
| Apollo Global Mgmt Inc |
No change
16,000
|
$1,889,120,000 | 0.01% |
| NextEra Energy Inc |
No change
26,400
|
$1,869,384,000 | 0.01% |
| Berkshire Hathaway Inc. |
No change
4,535
|
$3,680,341,000 | 0.01% |
| Bank New York Mellon Corp |
No change
29,704
|
$1,778,973,000 | 0.00% |
| Eaton Vance Tx Adv Glbl Div |
No change
82,000
|
$1,526,020,000 | 0.00% |
| Veralto Corp |
23.40%
14,500
|
$1,384,315,000 | 0.00% |
| Coca-Cola Co |
No change
21,671
|
$1,379,359,000 | 0.00% |
| Cisco Sys Inc |
No change
28,493
|
$1,353,702,000 | 0.00% |
| Agios Pharmaceuticals Inc |
No change
30,000
|
$1,293,600,000 | 0.00% |
| Biomarin Pharmaceutical Inc. |
No change
15,000
|
$1,234,950,000 | 0.00% |
| Exxon Mobil Corp. |
0.19%
9,217
|
$1,061,061,000 | 0.00% |
| Merck & Co Inc |
No change
7,718
|
$955,488,000 | 0.00% |
| Grayscale Bitcoin Tr Btc |
Closed
15,000
|
$947,550,000 | |
| Snap Inc |
No change
52,000
|
$863,720,000 | 0.00% |
| Freeport-McMoRan Inc |
No change
14,319
|
$695,903,000 | 0.00% |
| Duke Energy Corp. |
No change
6,302
|
$631,649,000 | 0.00% |
| Zoetis Inc |
28.75%
3,202
|
$555,099,000 | 0.00% |
| Arrowhead Pharmaceuticals In |
No change
20,000
|
$519,800,000 | 0.00% |
| Prothena Corp Plc |
No change
24,060
|
$496,598,000 | 0.00% |
| Procter And Gamble Co |
No change
2,200
|
$362,824,000 | 0.00% |
| Armata Pharmaceuticals Inc |
No change
100,000
|
$275,000,000 | 0.00% |
| Home Depot, Inc. |
No change
777
|
$267,474,000 | 0.00% |
| Annaly Capital Management In |
No change
14,000
|
$266,840,000 | 0.00% |
| Schwab Charles Corp |
No change
3,500
|
$257,915,000 | 0.00% |
| United Airls Hldgs Inc |
Closed
4,500
|
$215,460,000 | |
| Seer, Inc. |
No change
100,000
|
$168,000,000 | 0.00% |
| Lithium Americas Argentina C |
No change
50,000
|
$160,000,000 | 0.00% |
| Warner Bros.Discovery Inc |
No change
20,000
|
$148,800,000 | 0.00% |
| Lithium Amers Corp New |
No change
50,000
|
$134,000,000 | 0.00% |
| Werewolf Therapeutics Inc |
No change
50,000
|
$122,000,000 | 0.00% |
| Ginkgo Bioworks Holdings Inc |
No change
250,000
|
$83,575,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 81 holdings | |||
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