Gardner Russo & Quinn 13F holdings, Q4 2008
Holdings as of December 31, 2008 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 78 US equity positions worth $1.3bn in its Q4 2008 13F filing. The largest position was PM at 20.1% of the reported book, followed by MLM and WFC. Against the Q3 2008 filing, it opened 0 new positions, added to 12 and reduced 31 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q4 2008? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2008 |
|---|---|---|---|---|---|---|---|
| 1 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 20.1% | $262.3m | 6,027,731 | -5% | reduced |
| 2 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 13.4% | $174.6m | 1,798,550 | -7% | reduced |
| 3 | WFC WELLS FARGO & CO NEW | Financial Services | 13.3% | $173.3m | 5,879,286 | -11% | reduced |
| 4 | COMCAST CORP NEW | 12.3% | $160.5m | 9,940,318 | 1% | added | |
| 5 | MO ALTRIA GROUP INC | Consumer Defensive | 8.2% | $106.5m | 7,073,205 | -4% | reduced |
| 6 | BF/A BROWN FORMAN CORP | 5.8% | $75.3m | 1,505,309 | -9% | reduced | |
| 7 | WASHINGTON POST CO | 5.6% | $73.0m | 187,070 | -3% | reduced | |
| 8 | SNI SCRIPPS NETWORKS INTERACT IN | 4.8% | $61.9m | 2,814,037 | -11% | reduced | |
| 9 | BF/B BROWN FORMAN CORP | 2.4% | $30.7m | 596,680 | 138% | added | |
| 10 | DEO DIAGEO P L C SPON | Consumer Defensive | 2.0% | $26.2m | 460,918 | 7% | added |
| 11 | EXMOC EXXON MOBIL CORP | 1.5% | $20.0m | 250,602 | 0% | held | |
| 12 | ABT ABBOTT LABS | Healthcare | 1.5% | $19.6m | 367,706 | -12% | reduced |
| 13 | MKL MARKEL CORP | Financial Services | 1.4% | $18.3m | 61,184 | -12% | reduced |
| 14 | HRL HORMEL FOODS CORP | Consumer Defensive | 0.9% | $12.0m | 385,173 | -6% | reduced |
| 15 | MA MASTERCARD INC | Financial Services | 0.6% | $7.6m | 53,190 | 81% | added |
| 16 | PEP PEPSICO INC | Consumer Defensive | 0.5% | $6.2m | 113,050 | 3% | added |
| 17 | VMC VULCAN MATLS CO | Basic Materials | 0.4% | $5.5m | 79,250 | -0% | held |
| 18 | PG PROCTER & GAMBLE CO | Consumer Defensive | 0.4% | $4.9m | 80,002 | 11% | added |
| 19 | RDS/A ROYAL DUTCH SHELL PLC SPONS | 0.3% | $3.6m | 68,939 | -5% | reduced | |
| 20 | CR CRANE CO | Industrials | 0.3% | $3.6m | 207,124 | -3% | reduced |
| 21 | JNJ JOHNSON & JOHNSON | Healthcare | 0.3% | $3.4m | 56,415 | -17% | reduced |
| 22 | STAPLES INC | 0.3% | $3.4m | 187,067 | -1% | reduced | |
| 23 | KRAFT FOODS INC | 0.2% | $2.9m | 107,135 | -50% | reduced | |
| 24 | CVX CHEVRON CORP NEW | Energy | 0.2% | $2.5m | 33,300 | -3% | reduced |
| 25 | CSCO CISCO SYS INC | Technology | 0.2% | $2.4m | 149,750 | -8% | reduced |
| 26 | ENCANA CORP | 0.2% | $2.4m | 51,500 | -17% | reduced | |
| 27 | PGR PROGRESSIVE CORP OHIO | Financial Services | 0.2% | $2.4m | 159,959 | -65% | reduced |
| 28 | AMERICAN TOWER CORP | 0.2% | $2.3m | 77,800 | -0% | held | |
| 29 | COP CONOCOPHILLIPS | Energy | 0.2% | $2.2m | 43,278 | 20% | added |
| 30 | LEUCADIA NATL CORP | 0.2% | $2.1m | 108,236 | 19% | added | |
| 31 | DOV DOVER CORP | Industrials | 0.2% | $2.0m | 60,250 | -5% | reduced |
| 32 | DVN DEVON ENERGY CORP NEW | Energy | 0.2% | $2.0m | 30,000 | -25% | reduced |
| 33 | GE GENERAL ELECTRIC CO | Industrials | 0.1% | $1.8m | 108,685 | -13% | reduced |
| 34 | SCRIPPS E W CO OHIO | 0.1% | $1.6m | 744,043 | -29% | reduced | |
| 35 | CSL CARLISLE COS INC | Industrials | 0.1% | $1.5m | 71,238 | -2% | reduced |
| 36 | FULTON FINL CORP PA | 0.1% | $1.4m | 148,610 | 10% | added | |
| 37 | AXP AMERICAN EXPRESS CO | Financial Services | 0.1% | $1.4m | 73,438 | -8% | reduced |
| 38 | KO COCA COLA CO | Consumer Defensive | 0.1% | $1.3m | 28,771 | 28% | added |
| 39 | JPM JPMORGAN & CHASE & CO | Financial Services | 0.1% | $1.1m | 35,000 | -5% | reduced |
| 40 | VNO VORNADO RLTY TR SH BEN INT | Real Estate | 0.1% | $1.0m | 17,000 | 0% | held |
| 41 | MESA RTY TR UNIT BEN INT | 0.1% | $920.0k | 23,000 | 0% | held | |
| 42 | ATR APTARGROUP INC | Healthcare | 0.1% | $895.0k | 25,384 | -1% | reduced |
| 43 | GD GENERAL DYNAMICS CORP | Industrials | 0.1% | $864.0k | 15,000 | 4% | added |
| 44 | CMCSA COMCAST CORP NEW | Communication Services | 0.1% | $840.0k | 49,761 | 23% | added |
| 45 | TIME WARNER CABLE INC | 0.1% | $754.0k | 35,151 | -13% | reduced | |
| 46 | IBM INTERNATIONAL BUSINESS MACHS | Technology | 0.0% | $633.0k | 7,520 | -66% | reduced |
| 47 | DE DEERE & CO | Industrials | 0.0% | $624.0k | 16,275 | -26% | reduced |
| 48 | MMM 3M CO | Industrials | 0.0% | $593.0k | 10,300 | 0% | held |
| 49 | SUN MICROSYSTEMS INC | 0.0% | $573.0k | 150,000 | -40% | reduced | |
| 50 | PNC PNC FINL SVCS GROUP INC | Financial Services | 0.0% | $566.0k | 11,560 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.