Gardner Russo & Quinn 13F holdings, Q3 2011
Holdings as of September 30, 2011 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 166 US equity positions worth $2.5bn in its Q3 2011 13F filing. The largest position was Nestle SA-Spons at 22.0% of the reported book, followed by PM and BRK/A. Against the Q2 2011 filing, it opened 0 new positions, added to 12 and reduced 23 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2011? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2011 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons | 22.0% | $549.7m | 9,965,126 | 0% | held | |
| 2 | PM Philip Morris International In | Consumer Defensive | 20.5% | $512.0m | 8,208,203 | 1% | added |
| 3 | BRK/A Berkshire Hathaway Inc | 16.4% | $409.5m | 3,834 | 3% | added | |
| 4 | Unilever NV | 8.4% | $209.0m | 6,635,977 | 2% | added | |
| 5 | WFC Wells Fargo | Financial Services | 8.4% | $208.8m | 8,658,622 | 7% | added |
| 6 | BF/A Brown-Forman Corp | 4.7% | $117.4m | 1,727,738 | 2% | added | |
| 7 | BRK/B Berkshire Hathaway Inc | 4.3% | $108.2m | 1,522,415 | 2% | added | |
| 8 | MLM Martin Marietta Materials | Basic Materials | 4.0% | $99.2m | 1,569,735 | 2% | added |
| 9 | SNI Scripps Networks Interactive C | 2.4% | $60.2m | 1,618,953 | -0% | held | |
| 10 | Washington Post | 1.6% | $40.7m | 124,419 | -0% | held | |
| 11 | HAS Hasbro Inc | Consumer Cyclical | 1.2% | $30.9m | 946,654 | 0% | held |
| 12 | ABT Abbott Labs | Healthcare | 0.9% | $21.7m | 425,177 | -2% | reduced |
| 13 | PG Procter & Gamble | Consumer Defensive | 0.5% | $11.8m | 186,137 | -4% | reduced |
| 14 | MLKN Herman Miller Inc | Consumer Cyclical | 0.3% | $8.2m | 457,561 | -1% | reduced |
| 15 | MKL Markel Corp | Financial Services | 0.3% | $8.0m | 22,394 | -4% | reduced |
| 16 | BF/B Brown-Forman Corp | 0.3% | $7.2m | 102,860 | -6% | reduced | |
| 17 | CR Crane | Industrials | 0.3% | $6.9m | 191,947 | 1% | added |
| 18 | FMX Fomento Economico Mex Sp | 0.3% | $6.7m | 104,119 | -2% | reduced | |
| 19 | CVX Chevron Corp | Energy | 0.2% | $6.0m | 64,646 | -5% | reduced |
| 20 | HRL Hormel Foods Corp | Consumer Defensive | 0.2% | $5.9m | 219,779 | -4% | reduced |
| 21 | PEP Pepsico Inc | Consumer Defensive | 0.2% | $5.5m | 88,105 | -5% | reduced |
| 22 | AXP American Express | Financial Services | 0.2% | $5.2m | 115,250 | -7% | reduced |
| 23 | KO Coca-Cola | Consumer Defensive | 0.2% | $4.8m | 70,986 | -0% | held |
| 24 | MKC McCormick Inc | Consumer Defensive | 0.2% | $4.4m | 94,416 | -32% | reduced |
| 25 | RDS/A Royal Dutch Shell PLC | 0.2% | $4.1m | 66,619 | -4% | reduced | |
| 26 | American Tower Corp | 0.2% | $3.8m | 71,330 | 0% | held | |
| 27 | MSFT Microsoft Corp | Technology | 0.1% | $3.2m | 126,947 | -5% | reduced |
| 28 | Staples Inc | 0.1% | $3.0m | 226,080 | -6% | reduced | |
| 29 | DOV Dover Corp | Industrials | 0.1% | $2.9m | 63,175 | 74% | added |
| 30 | Danone | 0.1% | $2.8m | 222,750 | 0% | held | |
| 31 | PGR Progressive Corp Ohio | Financial Services | 0.1% | $2.2m | 121,132 | -1% | reduced |
| 32 | IBM I B M | Technology | 0.1% | $1.9m | 11,102 | 1% | added |
| 33 | PNC PNC Bank Corp | Financial Services | 0.1% | $1.8m | 37,774 | 106% | added |
| 34 | Wells Fargo WTS Exp 10/28/18 WTS | 0.0% | $1.2m | 152,250 | 41% | added | |
| 35 | Precision Castparts Corp | 0.0% | $1.0m | 6,600 | 0% | held | |
| 36 | WMT Wal Mart Stores Inc | Consumer Defensive | 0.0% | $1.0m | 19,478 | -21% | reduced |
| 37 | VMC Vulcan Materials | Basic Materials | 0.0% | $956.0k | 34,675 | -11% | reduced |
| 38 | Leucadia Natl Corp | 0.0% | $901.0k | 39,715 | -61% | reduced | |
| 39 | JNJ Johnson & Johnson | Healthcare | 0.0% | $831.0k | 13,051 | -0% | held |
| 40 | ATR Aptargroup Inc | Healthcare | 0.0% | $799.0k | 17,884 | 0% | held |
| 41 | Fulton Finl Corp | 0.0% | $747.0k | 97,591 | -1% | reduced | |
| 42 | VNO Vornado RLTY TR | Real Estate | 0.0% | $746.0k | 10,000 | 0% | held |
| 43 | GD General Dynamics Corp | Industrials | 0.0% | $705.0k | 12,400 | -4% | reduced |
| 44 | Heineken NV Unspons | 0.0% | $699.0k | 31,087 | -24% | reduced | |
| 45 | Du Pont E I De Nemours | 0.0% | $687.0k | 17,184 | 0% | held | |
| 46 | DE Deere & Co | Industrials | 0.0% | $665.0k | 10,300 | 0% | held |
| 47 | MCD McDonalds Corp | Consumer Cyclical | 0.0% | $662.0k | 7,535 | -1% | reduced |
| 48 | MAT Mattel Inc | Consumer Cyclical | 0.0% | $586.0k | 22,625 | 0% | held |
| 49 | CIE Financiere Richemont-Unsp | 0.0% | $574.0k | 127,400 | -29% | reduced | |
| 50 | BB&T Corp | 0.0% | $536.0k | 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.