Funds › Gardner Russo & Quinn (Tom Russo) › Q2 2007Gardner Russo & Quinn (Tom Russo) 13F holdings, Q2 2007 Gardner Russo & Quinn (Tom Russo) disclosed 314 US equity positions worth $3.1bn in its Q2 2007 13F filing. Its largest position is MO at 12.2% of the reported book, followed by HEINEKEN HLDG NV and MLM. Versus Q1 2007 it opened 12 new positions, added to 37, reduced 66 and exited 17.
$3.1bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
314 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.2% Largest position The largest single position as a share of the reported equity book.
72.7% 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 Q1 2007: 12 new , 37 added , 66 reduced , 17 exited
50 of 314 Show all 314
Stock Sector Weight Value Shares Δ shares Action MO ALTRIA GROUP INC Consumer Defensive 12.2% $378m 5.38m +21% added HEINEKEN HLDG NV no ticker – 10.7% $330m 6.37m +1.4% added MLM MARTIN MARIETTA MATLS INC Basic Materials 10.3% $319m 1.97m −1.4% reduced COMCAST CORP NEW no ticker – 8.2% $253m 9.06m +2.5% added WFC WELLS FARGO & CO Financial Services 6.4% $197m 5.61m +4.7% added AMERICAN INTL GROUP INC no ticker – 6.2% $193m 2.75m +7.0% added UST INC no ticker – 5.3% $163m 3.03m +0.7% added WASHINGTON POST CO no ticker – 4.8% $148m 190,151 +3.0% added SCRIPPS E W CO OHIO no ticker – 4.6% $141m 3.09m +2.1% added BF/A BROWN FORMAN CORP – 4.0% $124m 1.63m +1.1% added PERNOD RICARD S A no ticker – 3.8% $118m 530,359 +1.2% added HRB BLOCK H & R INC Consumer Cyclical 3.1% $96.1m 4.11m +0.2% held KRAFT FOODS INC no ticker – 2.1% $63.4m 1.80m +239877% added MATV MATIV HOLDINGS INC Basic Materials 1.7% $52.1m 1.68m −3.2% reduced ISCAUSD INTERNATIONAL SPEEDWAY CORP – 1.3% $40.1m 760,821 +1.4% added MKL MARKEL GROUP INC Financial Services 1.1% $34.0m 70,225 −0.5% reduced EXMOC EXXON MOBIL CORP – 0.8% $24.3m 290,155 −3.7% reduced KONINKLIJKE WEGENER NV no ticker – 0.8% $23.8m 903,540 −3.5% reduced ABT ABBOTT LABORATORIES Healthcare 0.7% $22.5m 419,617 0.0% held BF/B BROWN FORMAN CORP – 0.7% $21.0m 287,275 +0.3% held PGR PROGRESSIVE CORP Financial Services 0.7% $20.6m 859,188 −2.0% reduced INTERNAT'L SPEEDWAY no ticker – 0.6% $18.2m 342,005 −0.6% reduced HRL HORMEL FOODS CORP Consumer Defensive 0.5% $16.4m 438,165 −1.5% reduced SWEDISH MATCH AB no ticker – 0.5% $14.6m 751,600 −1.8% reduced BRITISH AMERN TOB PLC no ticker – 0.4% $11.2m 329,170 −1.7% reduced CANADIAN OIL SANDS TRUST no ticker – 0.3% $10.1m 330,000 0.0% held ANHEUSER-BUSCH COS INC no ticker – 0.3% $9.9m 188,953 −3.1% reduced CR CRANE CO Industrials 0.3% $9.7m 213,974 +0.4% held PARGESA HOLDING AG - B no ticker – 0.3% $9.5m 84,775 +1.8% added PEP PEPSICO INC Consumer Defensive 0.3% $9.4m 145,672 −0.4% held VMC VULCAN MATLS CO Basic Materials 0.3% $9.2m 80,575 −11% reduced GE GENERAL ELECTRIC CO Industrials 0.3% $8.9m 232,224 −3.9% reduced ALTADIS SA no ticker – 0.3% $7.8m 118,150 −3.7% reduced PHILIP MORRIS CR AS no ticker – 0.2% $7.3m 14,118 −0.3% held OMC OMNICOM GROUP INC Communication Services 0.2% $7.2m 136,170 +99% added CRH CRH PLC Basic Materials 0.2% $6.8m 138,150 +2.4% added RDS/A ROYAL DUTCH SHELL PLC – 0.2% $6.5m 80,091 −2.1% reduced KINGSPAN GROUP PLC no ticker – 0.2% $6.3m 225,025 +2.2% added HEINEKEN NV UNSPONS no ticker – 0.2% $5.9m 200,941 +0.1% held SUN MICROSYSTEMS INC no ticker – 0.2% $5.3m 1.00m 0.0% held JNJ JOHNSON & JOHNSON Healthcare 0.2% $5.2m 84,995 −8.3% reduced TAMEDIA AG no ticker – 0.2% $5.2m 37,125 −0.7% reduced BAC BANK OF AMER CORP Financial Services 0.2% $5.0m 103,230 0.0% held ENCANA CORP no ticker – 0.2% $5.0m 82,000 0.0% held WACHOVIA CORP NEW no ticker – 0.2% $4.9m 95,683 −3.0% reduced STAPLES INC no ticker – 0.1% $4.6m 193,487 +528% added DE DEERE & CO Industrials 0.1% $4.5m 37,592 −1.6% reduced CSCO CISCO SYS INC Technology 0.1% $4.5m 160,300 0.0% held RINKER GROUP LTD no ticker – 0.1% $4.5m 278,800 −6.1% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.1% $4.0m 65,358 +1.4% added
Exited since Q1 2007 Sector mix Unclassified 59.2% Consumer Defensive 13.3% Basic Materials 12.7% Financial Services 8.7% Consumer Cyclical 3.2% Industrials 1.1% Healthcare 0.9% Communication Services 0.3% Energy 0.3% Technology 0.3% Real Estate 0.06% Utilities 0.05% Book over time Every quarter on file (85) Where Gardner Russo & Quinn (Tom Russo) was early 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