WhaleCreep

Gardner Russo & Quinn (Tom Russo) 13F holdings, Q3 2006

Long-only investorSEC filingsCompare with another fundHoldings as of 2006-09-30, filed 2006-11-14

Gardner Russo & Quinn (Tom Russo) disclosed 319 US equity positions worth $2.5bn in its Q3 2006 13F filing. Its largest position is MO at 12.7% of the reported book, followed by HEINEKEN HLDG NV and COMCAST CORP NEW. Versus Q2 2006 it opened 19 new positions, added to 37, reduced 77 and exited 12.

$2.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
319
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.7%
Largest position
The largest single position as a share of the reported equity book.
72.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
16
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 Q2 2006: 19 new, 37 added, 77 reduced, 12 exited

50 of 319
MO ALTRIA GROUP INCConsumer Defensive12.7%$323m4.22m+1.8%added
HEINEKEN HLDG NV no ticker–9.4%$238m6.06m+0.5%added
COMCAST CORP NEW no ticker–8.4%$214m5.82m+1.7%added
WFC WELLS FARGO & COFinancial Services7.3%$185m5.13m+100%added
MLM MARTIN MARIETTA MATLS INCBasic Materials6.6%$169m1.99m+5.1%added
AMERICAN INTL GROUP INC no ticker–6.4%$162m2.44m+2.0%added
UST INC no ticker–6.2%$159m2.89m+0.9%added
SCRIPPS E W CO OHIO no ticker–5.4%$137m2.85m+2.2%added
WASHINGTON POST CO no ticker–5.1%$129m174,936+1.1%added
BF/A BROWN FORMAN CORP–4.7%$120m1.55m+0.7%added
PERNOD RICARD S A no ticker–3.4%$87.5m420,267+2.4%added
HRB BLOCK H & R INCConsumer Cyclical3.3%$84.9m3.90m−0.7%reduced
KRAFT FOODS INC no ticker–1.8%$46.4m1.30m−7.7%reduced
ISCAUSD INTERNATIONAL SPEEDWAY CORP–1.4%$35.5m711,864−0.3%held
MATV MATIV HOLDINGS INCBasic Materials1.3%$32.7m1.73m−3.0%reduced
MKL MARKEL GROUP INCFinancial Services1.2%$30.1m73,335−0.3%held
PGR PROGRESSIVE CORPFinancial Services0.9%$23.5m956,016−1.0%reduced
BF/B BROWN FORMAN CORP–0.9%$23.0m300,444−1.4%reduced
EXMOC EXXON MOBIL CORP–0.9%$21.9m326,025−3.6%reduced
ABT ABBOTT LABORATORIESHealthcare0.8%$20.5m421,327−0.1%held
HRL HORMEL FOODS CORPConsumer Defensive0.7%$18.1m503,465−0.4%held
INTERNATIONAL SPEEDWAY CORP no ticker–0.7%$17.2m344,480−1.6%reduced
SWEDISH MATCH AB no ticker–0.6%$14.1m862,480−3.6%reduced
FEDERAL HOME LN MTG CORP no ticker–0.5%$13.4m202,300−4.4%reduced
KONINKLIJKE WEGENER NV no ticker–0.5%$13.2m1.06m−6.5%reduced
PEP PEPSICO INCConsumer Defensive0.4%$10.8m165,872+0.1%held
BRITISH AMERN TOB PLC no ticker–0.4%$9.4m347,770−4.3%reduced
CR CRANE COIndustrials0.4%$9.1m218,174−0.2%held
GE GENERAL ELECTRIC COIndustrials0.4%$8.9m252,809−3.1%reduced
VMC VULCAN MATLS COBasic Materials0.3%$8.9m113,200−0.6%reduced
CANADIAN OIL SANDS TRUST no ticker–0.3%$8.8m330,0000.0%held
PARGESA HOLDING AG - B no ticker–0.3%$8.1m83,575−7.9%reduced
ANHEUSER BUSCH COS INC no ticker–0.3%$7.9m167,030−0.3%held
WACHOVIA CORP 2ND NEW no ticker–0.3%$6.6m117,897−0.8%reduced
OMC OMNICOM GROUP INCCommunication Services0.2%$6.3m67,135−1.6%reduced
JNJ JOHNSON & JOHNSONHealthcare0.2%$6.3m96,393−4.8%reduced
SUN MICROSYSTEMS INC no ticker–0.2%$5.4m1.10m−15%reduced
BAC BANK OF AMER CORPFinancial Services0.2%$5.4m101,230−0.1%held
RDS/A ROYAL DUTCH SHELL PLC–0.2%$5.4m81,266−0.3%held
SMG SCOTTS MIRACLE-GRO COBasic Materials0.2%$5.0m112,240−9.4%reduced
GANNETT INC no ticker–0.2%$4.8m83,575+3.0%added
HEINEKEN NV UNSPONS no ticker–0.2%$4.6m201,728−1.7%reduced
KINGSPAN GROUP PLC no ticker–0.2%$4.4m215,975+0.2%held
PG PROCTER & GAMBLE COConsumer Defensive0.2%$4.1m66,838−0.6%reduced
CSCO CISCO SYS INCTechnology0.2%$4.1m179,3070.0%held
DE DEERE & COIndustrials0.2%$4.0m47,717−0.2%held
ENCANA CORP no ticker–0.2%$3.8m82,000−11%reduced
BIC no ticker–0.1%$3.3m52,300−1.9%reduced
AMERICAN TOWER CORP no ticker–0.1%$3.2m88,500−2.2%reduced
CSL CARLISLE COS INCIndustrials0.1%$3.1m37,2190.0%held

Exited since Q2 2006

12 rows
DIAGEO P L C no ticker4.4%$113m
DEO DIAGEO PLC1.2%$30.1m
ECHOSTAR COMMUNICATIONS NEW no ticker0.02%$616k
MCGRAW HILL FINL INC no ticker0.01%$276k
VALASSIS COMMUNICATIONS INC no ticker0.01%$177k
3I GROUP PLC no ticker0.01%$167k
FIRST CHESTER CNTY CORP no ticker0.0%$60.0k
DELL INC no ticker0.0%$24.0k
PONTIAC BANCORP INC no ticker0.0%$16.0k
ROBBINS & MYERS INC no ticker0.0%$9.0k
ML BALANCED CAPITAL FD no ticker0.0%$8.0k
TROW PRICE T ROWE GROUP INC0.0%$4.0k

Sector mix

  • Unclassified60.5%
  • Consumer Defensive14.1%
  • Financial Services10.0%
  • Basic Materials8.5%
  • Consumer Cyclical3.5%
  • Industrials1.2%
  • Healthcare1.1%
  • Communication Services0.3%
  • Technology0.3%
  • Energy0.3%
  • 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