WhaleCreep

Gardner Russo & Quinn (Tom Russo) 13F holdings, Q4 2006

Long-only investorSEC filingsCompare with another fundHoldings as of 2006-12-31, filed 2007-02-14

Gardner Russo & Quinn (Tom Russo) disclosed 318 US equity positions worth $2.8bn in its Q4 2006 13F filing. Its largest position is MO at 13.4% of the reported book, followed by HEINEKEN HLDG NV and COMCAST CORP NEW. Versus Q3 2006 it opened 17 new positions, added to 39, reduced 81 and exited 18.

$2.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
318
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.4%
Largest position
The largest single position as a share of the reported equity book.
72.0%
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 Q3 2006: 17 new, 39 added, 81 reduced, 18 exited

50 of 318
MO ALTRIA GROUP INCConsumer Defensive13.4%$372m4.34m+2.8%added
HEINEKEN HLDG NV no ticker–9.0%$251m6.18m+2.0%added
COMCAST CORP NEW no ticker–8.8%$245m5.85m+0.5%added
MLM MARTIN MARIETTA MATLS INCBasic Materials7.5%$209m2.02m+1.2%added
WFC WELLS FARGO & COFinancial Services6.6%$183m5.15m+0.5%held
AMERICAN INTL GROUP INC no ticker–6.4%$179m2.50m+2.5%added
UST INC no ticker–6.2%$173m2.98m+3.0%added
SCRIPPS E W CO no ticker–5.2%$145m2.90m+1.9%added
WASHINGTON POST CO no ticker–4.9%$135m181,421+3.7%added
BF/A BROWN FORMAN CORP–3.9%$108m1.60m+2.9%added
PERNOD RICARD S A no ticker–3.6%$100m523,115+24%added
HRB BLOCK H & R INCConsumer Cyclical3.3%$91.8m3.99m+2.1%added
MATV MATIV HOLDINGS INCBasic Materials1.7%$46.7m1.79m+3.9%added
KRAFT FOODS INC no ticker–1.5%$42.3m1.18m−9.0%reduced
ISCAUSD INTERNATIONAL SPEEDWAY CORP–1.3%$37.1m726,214+2.0%added
MKL MARKEL GROUP INCFinancial Services1.2%$34.1m70,975−3.2%reduced
EXMOC EXXON MOBIL CORP–0.8%$23.5m307,115−5.8%reduced
PGR PROGRESSIVE CORPFinancial Services0.8%$21.6m890,436−6.9%reduced
ABT ABBOTT LABORATORIESHealthcare0.8%$21.0m430,251+2.1%added
BF/B BROWN FORMAN CORP–0.7%$19.2m290,174−3.4%reduced
INTERNAT'L SPEEDWAY CORP no ticker–0.6%$17.6m345,380+0.3%held
HRL HORMEL FOODS CORPConsumer Defensive0.6%$16.7m447,365−11%reduced
SWEDISH MATCH AB no ticker–0.5%$14.6m781,150−9.4%reduced
KONINKLIJKE WEGENER NV no ticker–0.5%$14.4m993,440−6.4%reduced
FEDERAL HOME LN MTG CO no ticker–0.5%$13.3m195,372−3.4%reduced
ANHEUSER-BUSCH COS INC no ticker–0.3%$9.7m196,678+18%added
BRITISH AMER TOBACCO PLC no ticker–0.3%$9.5m340,370−2.1%reduced
PARGESA HOLDING AG - B no ticker–0.3%$9.5m83,675+0.1%held
PEP PEPSICO INCConsumer Defensive0.3%$9.2m147,022−11%reduced
CANADIAN OIL SANDS TRUST no ticker–0.3%$9.2m330,0000.0%held
GE GENERAL ELECTRIC COIndustrials0.3%$8.9m238,394−5.7%reduced
VMC VULCAN MATLS COBasic Materials0.3%$8.1m89,900−21%reduced
CR CRANE COIndustrials0.3%$7.7m210,624−3.5%reduced
PHILIP MORRIS CR AS no ticker–0.3%$7.3m14,018–new
OMC OMNICOM GROUP INCCommunication Services0.3%$7.2m68,735+2.4%added
ALTADIS SA no ticker–0.2%$6.5m125,100–new
JNJ JOHNSON & JOHNSONHealthcare0.2%$6.2m94,293−2.2%reduced
WACHOVIA CORP 2ND NEW no ticker–0.2%$5.8m102,315−13%reduced
RDS/A ROYAL DUTCH SHELL PLC–0.2%$5.8m81,316+0.1%held
KINGSPAN GROUP PLC no ticker–0.2%$5.7m215,9750.0%held
SMG SCOTTS MIRACLE-GRO COBasic Materials0.2%$5.5m107,125−4.6%reduced
CRH CRH PLCBasic Materials0.2%$5.4m130,850–new
SUN MICROSYSTEMS INC no ticker–0.2%$5.4m1.00m−9.1%reduced
BAC BANK OF AMER CORPFinancial Services0.2%$5.4m101,2300.0%held
CSCO CISCO SYS INCTechnology0.2%$4.9m179,3070.0%held
TAMEDIA AG no ticker–0.2%$4.9m37,075–new
HEINEKEN NV UNSPONS no ticker–0.2%$4.8m201,303−0.2%held
READYMIX no ticker–0.2%$4.5m1.32m–new
GANNETT INC no ticker–0.2%$4.4m73,575−12%reduced
RINKER GROUP LTD no ticker–0.2%$4.3m304,565–new

Exited since Q3 2006

18 rows
HCA INC no ticker0.02%$399k
VALU VALUE LINE INC0.01%$336k
HEALTHSOUTH CORP no ticker0.01%$179k
FIDELITY NATL FINL INC no ticker0.0%$97.0k
MUNIHOLDINGS FLA INSD FD no ticker0.0%$75.0k
PPL PPL CORP0.0%$39.0k
AMSOUTH BANCORPORATION no ticker0.0%$29.0k
WRIGLEY WM JR CO no ticker0.0%$29.0k
SLM SLM CORP0.0%$26.0k
GOLDEN WEST FINL CORP DEL no ticker0.0%$23.0k
ROYAL BK SCOTLAND GROUP PLC no ticker0.0%$17.0k
UPS UNITED PARCEL SERVICE INC0.0%$11.0k
FNF FIDELITY NATIONAL FINANCIAL0.0%$9.0k
APPLERA CORP no ticker0.0%$8.0k
EQUITY INCOME FD UT 1 EX SR-ATT no ticker0.0%$8.0k
LUCENT TECHNOLOGIES INC no ticker0.0%$7.0k
NORTH FORK BANCORPORATION NY no ticker0.0%$6.0k
NPEUR NEENAH INC0.0%$1.0k

Sector mix

  • Unclassified59.7%
  • Consumer Defensive14.6%
  • Basic Materials9.9%
  • Financial Services9.2%
  • Consumer Cyclical3.4%
  • Industrials1.1%
  • Healthcare1.0%
  • Communication Services0.4%
  • 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