WhaleCreep

Gardner Russo & Quinn (Tom Russo) 13F holdings, Q1 2006

Long-only investorSEC filingsCompare with another fundHoldings as of 2006-03-31, filed 2006-05-25

Gardner Russo & Quinn (Tom Russo) disclosed 286 US equity positions worth $2.1bn in its Q1 2006 13F filing. Its largest position is MO at 13.7% of the reported book, followed by MLM and HEINEKEN HLDG NV. Versus Q4 2005 it opened 28 new positions, added to 42, reduced 78 and exited 53.

$2.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
286
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.7%
Largest position
The largest single position as a share of the reported equity book.
74.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
15
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
85
Quarters on file since Q1 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2005: 28 new, 42 added, 78 reduced, 53 exited

50 of 286
MO ALTRIA GROUP INCConsumer Defensive13.7%$286m4.03m+5.4%added
MLM MARTIN MARIETTA MATLS INCBasic Materials10.1%$211m1.97m−4.0%reduced
HEINEKEN HLDG NV no ticker–9.8%$203m5.89m+3.3%added
WFC WELLS FARGO & COFinancial Services7.7%$160m2.50m+2.4%added
COMCAST CORP NEW no ticker–6.7%$140m5.36m+10%added
WASHINGTON POST CO no ticker–6.3%$130m167,334+3.1%added
SCRIPPS E W CO OHIO no ticker–5.8%$120m2.69m+2.9%added
BF/A BROWN FORMAN CORP–5.7%$119m1.52m+1.5%added
UST INC no ticker–5.5%$115m2.76m+5.6%added
PERNOD RICARD S A no ticker–3.6%$74.8m389,599+7.1%added
ISCAUSD INTERNATIONAL SPEEDWAY CORP–2.6%$53.2m1.05m+58%added
KRAFT FOODS INC no ticker–2.5%$52.2m1.72m−13%reduced
MATV MATIV HOLDINGS INCBasic Materials2.1%$44.2m1.84m+0.1%held
PGR PROGRESSIVE CORPFinancial Services1.2%$25.8m247,481−6.9%reduced
MKL MARKEL GROUP INCFinancial Services1.2%$25.0m73,985−0.6%reduced
BF/B BROWN FORMAN CORP–1.2%$24.5m318,035−2.6%reduced
WEGENER CORP no ticker–1.0%$20.6m1.24m–new
EXMOC EXXON MOBIL CORP–1.0%$20.3m333,624−3.3%reduced
HRL HORMEL FOODS CORPConsumer Defensive0.8%$17.5m516,661−1.7%reduced
FEDERAL HOME LN MTG CORP no ticker–0.6%$13.4m219,150+1.5%added
SWEDISH MATCH AB no ticker–0.6%$12.6m920,275−1.8%reduced
PEP PEPSICO INCConsumer Defensive0.5%$9.6m165,972−0.7%reduced
CANADIAN OIL SANDS no ticker–0.5%$9.6m68,0000.0%held
VMC VULCAN MATLS COBasic Materials0.5%$9.4m108,850+0.2%held
CR CRANE COIndustrials0.4%$9.1m222,129+5.5%added
BRITISH AMERN TOB PLC no ticker–0.4%$8.9m368,870+10%added
PARGESA HOLDING AG no ticker–0.4%$8.8m91,600+0.3%held
GE GENERAL ELECTRIC COIndustrials0.4%$8.7m250,567−15%reduced
WACHOVIA CORP 2ND NEW no ticker–0.4%$8.3m148,490−1.1%reduced
GANNETT INC no ticker–0.4%$7.7m128,177−19%reduced
SUN MICROSYSTEMS INC no ticker–0.4%$7.5m1.47m0.0%held
JNJ JOHNSON & JOHNSONHealthcare0.3%$6.6m111,203−7.9%reduced
OMC OMNICOM GROUP INCCommunication Services0.3%$6.2m74,435+0.2%held
SMG SCOTTS MIRACLE-GRO COBasic Materials0.3%$5.9m129,615−8.0%reduced
DVN DEVON ENERGY CORP NEWEnergy0.3%$5.3m86,000−24%reduced
ENCANA CORP no ticker–0.3%$5.2m112,000−14%reduced
RDS/A ROYAL DUTCH SHELL PLC–0.2%$5.1m81,366–new
DE DEERE & COIndustrials0.2%$4.1m51,917+2.0%added
PG PROCTER & GAMBLE COConsumer Defensive0.2%$4.1m71,038+3.6%added
CSCO CISCO SYS INCTechnology0.2%$3.9m179,307−1.6%reduced
HEINEKEN NV UNSPON no ticker–0.2%$3.9m204,796+90%added
DOV DOVER CORPIndustrials0.2%$3.2m65,6900.0%held
CSL CARLISLE COS INCIndustrials0.1%$3.1m37,919–new
KINGSPAN GROUP PLC no ticker–0.1%$3.1m201,750+2503%added
MCY MERCURY GENL CORP NEWFinancial Services0.1%$3.0m55,250−11%reduced
LEUCADIA NATL CORP no ticker–0.1%$2.9m48,6430.0%held
IBM INTERNATIONAL BUSINESS MACHSTechnology0.1%$2.5m30,513−9.5%reduced
BENFIELD GROUP LTD no ticker–0.1%$2.4m368,250+378%added
TJX TJX COS INC NEWConsumer Cyclical0.1%$2.2m89,8610.0%held
LEE LEE ENTERPRISES INC–0.10%$2.1m61,635+6.7%added

Exited since Q4 2005

53 rows
AMERICAN INTL GROUP INC no ticker6.5%$142m
HRB BLOCK H & R INC4.5%$98.6m
INTERNAT'L SPEEDWAY no ticker0.8%$17.2m
ABT ABBOTT LABORATORIES0.8%$16.7m
WEGENER CORP no ticker0.8%$16.7m
ANHEUSER-BUSCH COS INC no ticker0.4%$7.8m
BAC BANK OF AMER CORP0.2%$4.7m
AXP AMERICAN EXPRESS CO0.2%$3.3m
AMERICAN TOWER CORP no ticker0.1%$2.5m
ATR APTARGROUP INC0.05%$1.2m
BELO CORP no ticker0.05%$1.1m
CRH PLC no ticker0.03%$715k
ALBERTSONS INC no ticker0.03%$678k
AMGN AMGEN INC0.03%$645k
BBTUSD BB&T CORP0.02%$455k
KAO CORP JPY no ticker0.02%$415k
HSBC HSBC HLDGS PLC0.02%$361k
ANGLO AMERICAN PLC no ticker0.02%$340k
COMMNTY BKS INC MILLERSBUR no ticker0.01%$249k
AA ALCOA INC0.01%$248k
CERTEGY INC no ticker0.01%$247k
AVPUSD AVON PRODS INC0.01%$138k
AMAT APPLIED MATLS INC0.01%$122k
ALLIANCE ONE INTL INC no ticker0.01%$119k
BJ SVCS CO no ticker0.01%$117k
LMT LOCKHEED MARTIN CORP0.0%$108k
HEALTHEXTRAS INC no ticker0.0%$100k
HUDSON UNITED BANCORP no ticker0.0%$94.0k
APC3EUR ANADARKO PETE CORP0.0%$79.0k
AMSOUTH BANCORPORATION no ticker0.0%$56.0k
MASTERS SELECT EQUITY FUND MUTUAL no ticker0.0%$52.0k
ALCON INC no ticker0.0%$52.0k
AAPL APPLE INC0.0%$47.0k
AMBAC FINL GROUP INC no ticker0.0%$39.0k
GSK PLC no ticker0.0%$32.0k
E M C CORP MASS no ticker0.0%$30.0k
APD AIR PRODUCTS AND CHEMICALS I0.0%$30.0k
MAS MASCO CORP0.0%$30.0k
SANOFI-AVENTIS no ticker0.0%$26.0k
AMERICAN WOODMARK CORPORATIO no ticker0.0%$25.0k
A AGILENT TECHNOLOGIES INC0.0%$25.0k
BURLINGTON RES INC no ticker0.0%$22.0k
AON CORP no ticker0.0%$18.0k
AVY AVERY DENNISON CORP0.0%$17.0k
NATL WESTMIN BK PLC no ticker0.0%$12.0k
APPLERA CORP no ticker0.0%$7.0k
BA BOEING CO0.0%$7.0k
TWEEDY BROWNE FD GLOBAL MUTUAL no ticker0.0%$6.0k
PLACER DOME INC no ticker0.0%$5.0k
MASTERS SELECT SMALLER FD MUTUAL no ticker0.0%$4.0k

Sector mix

  • Unclassified57.5%
  • Consumer Defensive15.4%
  • Basic Materials13.0%
  • Financial Services10.5%
  • Industrials1.5%
  • Energy0.5%
  • Communication Services0.4%
  • Healthcare0.4%
  • Technology0.3%
  • Consumer Cyclical0.2%
  • Real Estate0.1%
  • Utilities0.05%

Book over time

Every quarter on file (85)
QuarterPositionsEquity book
Q2 202685$8.9bn
Q1 202686$8.5bn
Q4 202587$9.3bn
Q3 202585$9.3bn
Q2 202585$9.4bn
Q1 202586$8.9bn
Q4 202468$8.8bn
Q3 202477$9.7bn
Q2 202477$9.5bn
Q1 202481$9.7bn
Q4 202382$9.8bn
Q3 202382$9.2bn
Q2 202383$10.1bn
Q1 202384$9.6bn
Q4 202283$9.1bn
Q3 202283$8.3bn
Q2 202285$8.9bn
Q1 202284$10.4bn
Q4 202188$11.2bn
Q3 202187$10.8bn
Q2 202188$11.8bn
Q1 202190$11.0bn
Q4 202092$11.0bn
Q3 202086$10.3bn
Q2 202086$9.8bn
Q1 202084$9.9bn
Q4 201993$13.0bn
Q3 201994$12.8bn
Q2 201996$13.2bn
Q1 201993$12.9bn
Q4 201888$12.0bn
Q3 201895$13.8bn
Q2 201898$13.7bn
Q1 2018100$14.3bn
Q4 2017194$14.5bn
Q3 2017102$14.1bn
Q2 2017102$13.5bn
Q1 2017102$12.9bn
Q4 201697$11.8bn
Q3 2016100$12.0bn
Q2 2016105$11.9bn
Q1 2016107$11.8bn
Q4 2015105$11.7bn
Q3 2015104$11.1bn
Q2 2015109$11.4bn
Q1 2015110$11.1bn
Q4 2014110$11.0bn
Q3 2014111$10.6bn
Q2 2014113$10.8bn
Q1 2014112$10.3bn
Q4 2013110$10.1bn
Q3 2013113$9.4bn
Q2 2013115$8.6bn
Q1 2013157$4.3bn
Q4 2012143$3.6bn
Q3 2012156$3.5bn
Q2 2012178$3.3bn
Q1 2012166$3.2bn
Q4 2011171$2.9bn
Q3 2011166$2.5bn
Q2 201168$2.7bn
Q1 201169$2.7bn
Q4 201060$2.0bn
Q3 201063$1.8bn
Q2 201063$1.7bn
Q1 201066$1.9bn
Q4 200964$1.6bn
Q3 200971$1.4bn
Q2 200971$1.2bn
Q1 200953$728m
Q4 200878$1.3bn
Q3 200891$2.0bn
Q2 2008302$2.7bn
Q1 2008310$2.8bn
Q4 2007312$3.0bn
Q3 2007332$3.1bn
Q2 2007314$3.1bn
Q1 2007319$2.8bn
Q4 2006318$2.8bn
Q3 2006319$2.5bn
Q2 2006312$2.5bn
Q1 2006286$2.1bn
Q4 2005311$2.2bn
Q3 2005370$2.2bn
Q1 1999328$875m

Where Gardner Russo & Quinn (Tom Russo) was early

9 rows
DEO Diageo PLC Sponsored ADRQ2 20062 of 931.2%2.1%40Exited by Q1 2021+135%
PM Philip Morris International InQ1 20081 of 16910.4%29.4%74Held at last filing, Q2 2026+258%
SNI Scripps Networks Interactive CQ3 20081 of 805.8%8.3%38Exited by Q1 2018+135%
MA Mastercard Inc Cl AQ3 200813 of 2630.3%16.2%57Held at last filing, Q2 2026+2796%
BRK/B Berkshire Hathaway Inc Cl BQ4 20091 of 1805.4%7.0%67Held at last filing, Q2 2026+661%
BRK/A Berkshire Hathaway Inc Cl AQ4 20093 of 6120.5%23.7%67Held at last filing, Q2 2026+655%
HAS Hasbro IncQ4 20093 of 1352.1%2.5%17Exited by Q1 2018+184%
BUD Anheuser-Busch InBev ADRQ2 20133 of 1294.8%7.2%24Exited by Q4 2021−38%
CABO Cable One IncQ4 20177 of 1140.0%1.5%17Exited by Q2 2024−40%

Concentration and tenure

13.3%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
77.1%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters