Gardner Russo & Quinn: 13F holdings, Q2 2026
Concentrated value · SEC EDGAR filings (CIK 0000860643) · Explore on the interactive board
Gardner Russo & Quinn disclosed 85 US equity positions worth $8.9bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 13, 2026). Its largest position is GOOG at 12.1% of the reported book, followed by BRK/A, PM. The top ten holdings are 80.0% of the book, and the portfolio behaves like about 13 equal-weight positions. Versus the prior filing it opened 1 new position, added to 9, reduced 42 and exited 2.
What does Gardner Russo & Quinn own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 1 new, 9 added, 42 reduced, 2 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | GOOG Alphabet Inc Cl C | Communication Services | 12.1% | $1.1bn | 3,048,077 | -9% | reduced |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 12.0% | $1.1bn | 1,432 | -2% | reduced | |
| 3 | PM Philip Morris International In | Consumer Defensive | 9.2% | $819.7m | 4,530,846 | -2% | reduced |
| 4 | MA Mastercard Inc Cl A | Financial Services | 8.8% | $781.9m | 1,522,395 | -2% | reduced |
| 5 | Compagnie Financiere Richemont | 8.7% | $773.7m | 3,345,346 | -3% | reduced | |
| 6 | Heineken Holding NV | 7.6% | $679.6m | 8,905,683 | -2% | reduced | |
| 7 | Nestle SA Sponsored ADR | 6.1% | $545.8m | 5,314,898 | -3% | reduced | |
| 8 | BRK/B Berkshire Hathaway Inc Cl B | 6.1% | $540.1m | 1,079,364 | -3% | reduced | |
| 9 | SUNB Sunbelt Rentals Holdings Inc | 4.9% | $441.2m | 5,897,825 | -3% | reduced | |
| 10 | NFLX Netflix Inc | Communication Services | 4.6% | $407.7m | 5,710,088 | 2% | added |
| 11 | MLM Martin Marietta Materials | Basic Materials | 4.6% | $406.8m | 705,367 | -1% | reduced |
| 12 | UBER Uber Technologies Inc | Technology | 4.1% | $366.9m | 5,084,015 | -2% | reduced |
| 13 | Eurofins Scientific | 3.6% | $320.9m | 4,094,034 | 32% | added | |
| 14 | DASH Doordash Inc Cl A | Consumer Cyclical | 2.5% | $218.9m | 1,186,104 | 18% | added |
| 15 | Pernod Ricard | 1.9% | $171.7m | 2,351,360 | -5% | reduced | |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 0.6% | $53.9m | 2,193,660 | -3% | reduced |
| 17 | BF/A Brown-Forman Corp Cl A | 0.5% | $43.7m | 1,597,815 | -3% | reduced | |
| 18 | V Visa Inc Cl A | Financial Services | 0.3% | $29.9m | 87,256 | -7% | reduced |
| 19 | Exxon Mobil Corp | 0.3% | $24.8m | 181,200 | – | new | |
| 20 | BF/B Brown-Forman Corp Cl B | 0.2% | $17.0m | 639,282 | -3% | reduced | |
| 21 | Anheuser-Busch InBev SA | 0.2% | $14.2m | 171,294 | -7% | reduced | |
| 22 | MO Altria Group Inc | Consumer Defensive | 0.1% | $10.7m | 148,603 | -10% | reduced |
| 23 | CR Crane Company | Industrials | 0.1% | $9.8m | 43,937 | -6% | reduced |
| 24 | MKL Markel Corp | Financial Services | 0.1% | $8.3m | 4,265 | -14% | reduced |
| 25 | JPM J.P. Morgan Chase | Financial Services | 0.1% | $8.1m | 24,719 | -83% | reduced |
| 26 | UNP Union Pac Corp | Industrials | 0.1% | $7.0m | 25,841 | -7% | reduced |
| 27 | DOV Dover Corp | Industrials | 0.0% | $4.2m | 18,851 | -1% | reduced |
| 28 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $4.0m | 11,114 | -4% | reduced |
| 29 | COST Costco Whsl Corp | Consumer Defensive | 0.0% | $3.2m | 3,399 | -26% | reduced |
| 30 | ABBV AbbVie Inc | Healthcare | 0.0% | $3.1m | 12,410 | 0% | held |
| 31 | WRBY Warby Parker Inc Cl A | Healthcare | 0.0% | $2.4m | 80,000 | 0% | held |
| 32 | VMC Vulcan Materials | Basic Materials | 0.0% | $2.1m | 7,263 | 0% | held |
| 33 | LEVI Levi Strauss & Co Cl A | Consumer Cyclical | 0.0% | $2.1m | 83,725 | 1% | added |
| 34 | ALK Abello A/S | 0.0% | $2.0m | 53,000 | 6% | added | |
| 35 | MKC McCormick Inc | Consumer Defensive | 0.0% | $1.9m | 37,981 | -2% | reduced |
| 36 | De'Longhi | 0.0% | $1.8m | 42,700 | 9% | added | |
| 37 | Lindt & Spruengli AG - Reg | 0.0% | $1.8m | 15 | 0% | held | |
| 38 | SSP Group | 0.0% | $1.7m | 700,000 | 0% | held | |
| 39 | AXP American Express | Financial Services | 0.0% | $1.7m | 5,125 | -21% | reduced |
| 40 | Demant A/S | 0.0% | $1.7m | 41,000 | 0% | held | |
| 41 | Loreal SA | 0.0% | $1.6m | 3,705 | 0% | held | |
| 42 | Fielmann | 0.0% | $1.6m | 33,000 | 0% | held | |
| 43 | Konecranes | 0.0% | $1.6m | 52,500 | 0% | held | |
| 44 | Rational AG | 0.0% | $1.6m | 2,200 | 0% | held | |
| 45 | Fluidra | 0.0% | $1.6m | 70,000 | 0% | held | |
| 46 | Lotus Bakeries | 0.0% | $1.5m | 115 | 0% | held | |
| 47 | MSFT Microsoft Corp | Technology | 0.0% | $1.3m | 3,584 | 1% | added |
| 48 | AAPL Apple Inc | Technology | 0.0% | $1.3m | 4,601 | -3% | reduced |
| 49 | Carlsberg B A/S | 0.0% | $1.3m | 10,135 | 3% | added | |
| 50 | Sunbelt Rentals Holdings ORD | 0.0% | $1.3m | 18,178 | 0% | held |
What did Gardner Russo & Quinn sell? Positions exited since the previous filing
Sector mix
| Sector | Weight |
|---|---|
| Communication Services | 17.3% |
| Consumer Defensive | 9.4% |
| Financial Services | 9.3% |
| Basic Materials | 4.6% |
| Technology | 4.1% |
| Consumer Cyclical | 2.5% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q2 2026 | 85 | $8.9bn |
| Q1 2026 | 86 | $8.5bn |
| Q4 2025 | 87 | $9.3bn |
| Q3 2025 | 85 | $9.3bn |
| Q2 2025 | 85 | $9.4bn |
| Q1 2025 | 86 | $8.9bn |
| Q4 2024 | 68 | $8.8bn |
| Q3 2024 | 77 | $9.7bn |
| Q2 2024 | 77 | $9.5bn |
| Q1 2024 | 81 | $9.7bn |
| Q4 2023 | 82 | $9.8bn |
| Q3 2023 | 82 | $9.2bn |
| Q2 2023 | 83 | $10.1bn |
| Q1 2023 | 84 | $9.6bn |
| Q4 2022 | 83 | $9.1bn |
| Q3 2022 | 83 | $8.3bn |
Earliest filing: Q1 1999 · 85 quarters on file
How concentrated is Gardner Russo & Quinn's portfolio?
Across every quarter Gardner Russo & Quinn has filed, its median largest position is 13.3% of the book and its median top-ten weight is 77.1%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1268 completed holding spells, the median lasted 2.0 quarters; 85 positions are still open and their final length is unknown.