Gardner Russo & Quinn 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 69 US equity positions worth $2.7bn in its Q1 2011 13F filing. The largest position was Nestle SA-Spons at 21.0% of the reported book, followed by PM and BRK/A. Against the Q4 2010 filing, it opened 5 new positions, added to 17 and reduced 19 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q1 2011? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons | 21.0% | $561.8m | 9,762,471 | – | new | |
| 2 | PM Philip Morris International In | Consumer Defensive | 19.6% | $524.5m | 7,992,441 | 3% | added |
| 3 | BRK/A Berkshire Hathaway Inc | 16.7% | $445.6m | 3,556 | 2% | added | |
| 4 | WFC Wells Fargo | Financial Services | 8.1% | $217.6m | 6,861,117 | 4% | added |
| 5 | Unilever NV | 7.3% | $194.1m | 6,188,552 | 5% | added | |
| 6 | MLM Martin Marietta Materials | Basic Materials | 5.2% | $137.7m | 1,536,172 | 2% | added |
| 7 | BRK/B Berkshire Hathaway Inc | 4.5% | $121.1m | 1,448,623 | 3% | added | |
| 8 | BF/A Brown-Forman Corp | 4.2% | $111.3m | 1,636,952 | 4% | added | |
| 9 | SNI Scripps Networks Interactive C | 3.3% | $87.0m | 1,735,979 | 4% | added | |
| 10 | Washington Post | 2.1% | $57.3m | 131,063 | -3% | reduced | |
| 11 | HAS Hasbro Inc | Consumer Cyclical | 1.6% | $43.2m | 922,321 | -2% | reduced |
| 12 | ABT Abbott Labs | Healthcare | 0.8% | $21.4m | 436,545 | 1% | added |
| 13 | MLKN Herman Miller Inc | Consumer Cyclical | 0.5% | $14.1m | 511,911 | -14% | reduced |
| 14 | PG Procter & Gamble | Consumer Defensive | 0.4% | $11.2m | 181,756 | -7% | reduced |
| 15 | MKL Markel Corp | Financial Services | 0.4% | $10.2m | 24,679 | -15% | reduced |
| 16 | CR Crane | Industrials | 0.4% | $9.4m | 193,597 | -1% | reduced |
| 17 | PEP Pepsico Inc | Consumer Defensive | 0.3% | $8.2m | 127,588 | 3% | added |
| 18 | BF/B Brown-Forman Corp | 0.3% | $7.6m | 111,062 | -5% | reduced | |
| 19 | CVX Chevron Corp | Energy | 0.3% | $7.3m | 68,276 | 1% | added |
| 20 | HRL Hormel Foods Corp | Consumer Defensive | 0.3% | $6.8m | 245,366 | 88% | added |
| 21 | MKC McCormick Inc | Consumer Defensive | 0.3% | $6.8m | 141,800 | -2% | reduced |
| 22 | FMX Fomento Economico Mex Sp | 0.2% | $5.3m | 90,250 | 1% | added | |
| 23 | Staples Inc | 0.2% | $4.7m | 240,280 | -5% | reduced | |
| 24 | AXP American Express | Financial Services | 0.2% | $4.2m | 92,400 | -0% | held |
| 25 | MSFT Microsoft Corp | Technology | 0.2% | $4.1m | 161,997 | -17% | reduced |
| 26 | Leucadia Natl Corp | 0.1% | $4.0m | 106,200 | -17% | reduced | |
| 27 | KO Coca-Cola | Consumer Defensive | 0.1% | $3.9m | 58,811 | -2% | reduced |
| 28 | RDS/A Royal Dutch Shell PLC | 0.1% | $3.8m | 52,294 | -3% | reduced | |
| 29 | American Tower Corp | 0.1% | $3.7m | 71,400 | 0% | held | |
| 30 | Danone | 0.1% | $2.9m | 224,800 | – | new | |
| 31 | PGR Progressive Corp Ohio | Financial Services | 0.1% | $2.7m | 128,129 | -5% | reduced |
| 32 | CSL Carlisle Inc | Industrials | 0.1% | $2.3m | 51,634 | -20% | reduced |
| 33 | DOV Dover Corp | Industrials | 0.1% | $2.3m | 34,950 | -1% | reduced |
| 34 | IBM I B M | Technology | 0.1% | $1.8m | 11,147 | 16% | added |
| 35 | WMT Wal Mart Stores Inc | Consumer Defensive | 0.0% | $1.3m | 24,078 | -1% | reduced |
| 36 | Fulton Finl Corp | 0.0% | $1.1m | 101,720 | -6% | reduced | |
| 37 | Heineken NV Unspons | 0.0% | $1.1m | 40,762 | – | new | |
| 38 | PNC PNC Bank Corp | Financial Services | 0.0% | $1.1m | 17,274 | 90% | added |
| 39 | CIE Financiere Richemont-Unsp | 0.0% | $1.0m | 178,650 | – | new | |
| 40 | DE Deere & Co | Industrials | 0.0% | $998.0k | 10,300 | 2% | added |
| 41 | GD General Dynamics Corp | Industrials | 0.0% | $988.0k | 12,900 | 39% | added |
| 42 | Precision Castparts Corp | 0.0% | $971.0k | 6,600 | 0% | held | |
| 43 | Du Pont E I De Nemours | 0.0% | $945.0k | 17,184 | 0% | held | |
| 44 | ATR Aptargroup Inc | Healthcare | 0.0% | $897.0k | 17,884 | 0% | held |
| 45 | VNO Vornado RLTY TR | Real Estate | 0.0% | $875.0k | 10,000 | 0% | held |
| 46 | Pernod-Ricard SA-Unspon | 0.0% | $854.0k | 45,655 | – | new | |
| 47 | JNJ Johnson & Johnson | Healthcare | 0.0% | $779.0k | 13,151 | -10% | reduced |
| 48 | BB&T Corp | 0.0% | $690.0k | 25,150 | 0% | held | |
| 49 | Pioneer Nat Res | 0.0% | $662.0k | 6,500 | 0% | held | |
| 50 | SLB Schlumberger LTD | Energy | 0.0% | $613.0k | 6,575 | 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.