Gardner Russo & Quinn 13F holdings, Q2 2011
Holdings as of June 30, 2011 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 68 US equity positions worth $2.7bn in its Q2 2011 13F filing. The largest position was Nestle SA-Spons at 22.5% of the reported book, followed by PM and BRK/A. Against the Q1 2011 filing, it opened 1 new position, added to 18 and reduced 15 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q2 2011? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2011 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons | 22.5% | $617.3m | 9,948,147 | 2% | added | |
| 2 | PM Philip Morris International In | Consumer Defensive | 19.8% | $542.6m | 8,126,378 | 2% | added |
| 3 | BRK/A Berkshire Hathaway Inc | 15.7% | $431.3m | 3,715 | 4% | added | |
| 4 | WFC Wells Fargo | Financial Services | 8.3% | $226.6m | 8,075,615 | 18% | added |
| 5 | Unilever NV | 7.8% | $213.1m | 6,485,557 | 5% | added | |
| 6 | MLM Martin Marietta Materials | Basic Materials | 4.5% | $123.6m | 1,545,846 | 1% | added |
| 7 | BF/A Brown-Forman Corp | 4.5% | $122.4m | 1,700,263 | 4% | added | |
| 8 | BRK/B Berkshire Hathaway Inc | 4.2% | $115.3m | 1,489,280 | 3% | added | |
| 9 | SNI Scripps Networks Interactive C | 2.9% | $79.1m | 1,619,030 | -7% | reduced | |
| 10 | Washington Post | 1.9% | $52.3m | 124,804 | -5% | reduced | |
| 11 | HAS Hasbro Inc | Consumer Cyclical | 1.5% | $41.4m | 942,189 | 2% | added |
| 12 | ABT Abbott Labs | Healthcare | 0.8% | $22.9m | 434,745 | -0% | held |
| 13 | MLKN Herman Miller Inc | Consumer Cyclical | 0.5% | $12.6m | 462,861 | -10% | reduced |
| 14 | PG Procter & Gamble | Consumer Defensive | 0.5% | $12.4m | 194,831 | 7% | added |
| 15 | CR Crane | Industrials | 0.3% | $9.4m | 190,597 | -2% | reduced |
| 16 | MKL Markel Corp | Financial Services | 0.3% | $9.3m | 23,394 | -5% | reduced |
| 17 | BF/B Brown-Forman Corp | 0.3% | $8.2m | 109,360 | -2% | reduced | |
| 18 | FMX Fomento Economico Mex Sp | 0.3% | $7.1m | 106,050 | 18% | added | |
| 19 | CVX Chevron Corp | Energy | 0.3% | $7.0m | 68,176 | -0% | held |
| 20 | MKC McCormick Inc | Consumer Defensive | 0.2% | $6.8m | 138,000 | -3% | reduced |
| 21 | HRL Hormel Foods Corp | Consumer Defensive | 0.2% | $6.8m | 228,446 | -7% | reduced |
| 22 | PEP Pepsico Inc | Consumer Defensive | 0.2% | $6.5m | 92,474 | -28% | reduced |
| 23 | AXP American Express | Financial Services | 0.2% | $6.4m | 123,650 | 34% | added |
| 24 | RDS/A Royal Dutch Shell PLC | 0.2% | $4.9m | 69,344 | 33% | added | |
| 25 | KO Coca-Cola | Consumer Defensive | 0.2% | $4.8m | 71,161 | 21% | added |
| 26 | Staples Inc | 0.1% | $3.8m | 239,480 | -0% | held | |
| 27 | American Tower Corp | 0.1% | $3.7m | 71,330 | -0% | held | |
| 28 | Leucadia Natl Corp | 0.1% | $3.5m | 101,850 | -4% | reduced | |
| 29 | MSFT Microsoft Corp | Technology | 0.1% | $3.5m | 133,197 | -18% | reduced |
| 30 | Danone | 0.1% | $3.3m | 222,750 | -1% | reduced | |
| 31 | PGR Progressive Corp Ohio | Financial Services | 0.1% | $2.6m | 122,132 | -5% | reduced |
| 32 | CSL Carlisle Inc | Industrials | 0.1% | $2.5m | 51,634 | 0% | held |
| 33 | DOV Dover Corp | Industrials | 0.1% | $2.5m | 36,350 | 4% | added |
| 34 | IBM I B M | Technology | 0.1% | $1.9m | 11,002 | -1% | reduced |
| 35 | VMC Vulcan Materials | Basic Materials | 0.1% | $1.5m | 38,925 | 193% | added |
| 36 | WMT Wal Mart Stores Inc | Consumer Defensive | 0.0% | $1.3m | 24,578 | 2% | added |
| 37 | Heineken NV Unspons | 0.0% | $1.2m | 40,762 | 0% | held | |
| 38 | CIE Financiere Richemont-Unsp | 0.0% | $1.2m | 178,650 | 0% | held | |
| 39 | PNC PNC Bank Corp | Financial Services | 0.0% | $1.1m | 18,374 | 6% | added |
| 40 | Precision Castparts Corp | 0.0% | $1.1m | 6,600 | 0% | held | |
| 41 | Fulton Finl Corp | 0.0% | $1.1m | 98,591 | -3% | reduced | |
| 42 | Wells Fargo WTS Exp 10/28/18 WTS | 0.0% | $1.0m | 107,750 | – | new | |
| 43 | GD General Dynamics Corp | Industrials | 0.0% | $961.0k | 12,900 | 0% | held |
| 44 | ATR Aptargroup Inc | Healthcare | 0.0% | $936.0k | 17,884 | 0% | held |
| 45 | VNO Vornado RLTY TR | Real Estate | 0.0% | $932.0k | 10,000 | 0% | held |
| 46 | Du Pont E I De Nemours | 0.0% | $929.0k | 17,184 | 0% | held | |
| 47 | Pernod-Ricard SA-Unspon | 0.0% | $900.0k | 45,655 | 0% | held | |
| 48 | JNJ Johnson & Johnson | Healthcare | 0.0% | $871.0k | 13,101 | -0% | held |
| 49 | DE Deere & Co | Industrials | 0.0% | $849.0k | 10,300 | 0% | held |
| 50 | BB&T Corp | 0.0% | $675.0k | 25,150 | 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.