Funds › Gardner Russo & Quinn (Tom Russo) › Q2 2015Gardner Russo & Quinn (Tom Russo) 13F holdings, Q2 2015 Gardner Russo & Quinn (Tom Russo) disclosed 109 US equity positions worth $11.4bn in its Q2 2015 13F filing. Its largest position is Nestle SA-Spons ADR at 10.1% of the reported book, followed by BRK/A and MA. Versus Q1 2015 it opened 1 new position, added to 28, reduced 41 and exited 2.
$11.4bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
109 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.1% Largest position The largest single position as a share of the reported equity book.
71.5% 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 2015: 1 new , 28 added , 41 reduced , 2 exited
50 of 109 Show all 109
Stock Sector Weight Value Shares Δ shares Action Nestle SA-Spons ADR no ticker – 10.1% $1.1bn 15.84m +1.4% added BRK/A BERKSHIRE HATHAWAY INC DEL – 9.2% $1.0bn 5,102 +0.8% added MA MASTERCARD INC Financial Services 8.2% $938m 10.03m +0.1% held PM PHILIP MORRIS INTL INC Consumer Defensive 7.3% $836m 10.43m +3.3% added WFC WELLS FARGO & CO Financial Services 7.3% $825m 14.68m 0.0% held Heineken Holding NV no ticker – 6.7% $765m 10.90m +0.6% added Compagnie Financiere Richemont no ticker – 6.0% $682m 8.38m +2.9% added Pernod Ricard no ticker – 5.7% $643m 5.57m +2.0% added SABMiller PLC no ticker – 5.5% $629m 12.11m +2.2% added BUD ANHEUSER BUSCH INBEV SA NV Consumer Defensive 5.5% $628m 5.21m +0.3% held UNILEVER N V no ticker – 5.3% $600m 14.33m +1.1% added BRK/B BERKSHIRE HATHAWAY INC DEL – 3.0% $337m 2.47m +0.2% held MO ALTRIA GROUP INC Consumer Defensive 2.8% $318m 6.50m −0.8% reduced BF/A BROWN FORMAN CORP – 2.7% $303m 2.72m −3.2% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 2.6% $297m 2.10m +0.9% added Diageo PLC no ticker – 2.4% $269m 9.28m +2.1% added British American Tobacco PLC no ticker – 2.4% $268m 4.98m −0.1% held COMCAST CORP NEW no ticker – 2.2% $250m 4.16m −6.8% reduced JC Decaux SA ACT no ticker – 1.1% $120m 2.87m +23% added SNI SCRIPPS NETWORKS INTERACT IN – 0.7% $82.7m 1.27m −0.9% reduced DEO DIAGEO PLC Consumer Defensive 0.5% $53.9m 464,807 +0.7% added BF/B BROWN FORMAN CORP – 0.5% $51.8m 517,433 +11% added The Swatch Group AG-BR no ticker – 0.4% $40.9m 105,010 +38% added V VISA INC Financial Services 0.3% $36.5m 543,124 +18% added EXMOC EXXON MOBIL CORP – 0.1% $13.6m 163,466 −0.5% reduced MKL MARKEL GROUP INC Financial Services 0.1% $12.9m 16,128 −0.7% reduced AXP AMERICAN EXPRESS CO Financial Services 0.1% $11.9m 153,088 +20% added FMX FOMENTO ECONOMICO MEXICANO S Consumer Defensive 0.10% $11.3m 127,035 +18% added CR CRANE CO Industrials 0.09% $9.7m 165,742 −1.3% reduced MLKN MILLERKNOLL INC Consumer Cyclical 0.08% $9.2m 319,577 −1.2% reduced Swedish Match AB no ticker – 0.08% $8.9m 314,674 −1.0% reduced KO COCA COLA CO Consumer Defensive 0.08% $8.9m 227,487 +14% added PG PROCTER & GAMBLE CO Consumer Defensive 0.07% $8.1m 103,172 −5.5% reduced PRECISION CASTPARTS CORP no ticker – 0.06% $6.3m 31,465 +0.3% held Danone ADR no ticker – 0.05% $6.1m 471,330 +129% added HRL HORMEL FOODS CORP Consumer Defensive 0.05% $6.0m 105,769 −0.6% reduced ABBV ABBVIE INC Healthcare 0.05% $5.8m 86,718 0.0% held DOV DOVER CORP Industrials 0.04% $5.1m 72,206 −1.2% reduced JP Morgan Chase & Co WTS Exp 1 no ticker – 0.04% $5.0m 200,750 +11% added Wells Fargo WTS Exp 10/28/18 no ticker – 0.04% $4.6m 202,750 +14% added ABT ABBOTT LABORATORIES Healthcare 0.04% $4.2m 85,400 0.0% held RDS/A ROYAL DUTCH SHELL PLC – 0.04% $4.1m 71,385 +0.8% added CVX CHEVRON CORPORATION Energy 0.04% $4.0m 41,973 −0.8% reduced Heineken NV no ticker – 0.03% $3.8m 49,991 −3.8% reduced PEP PEPSICO INC Consumer Defensive 0.03% $3.7m 39,892 −2.6% reduced M&T Bank Corp Wts Exp 12/23/1 no ticker – 0.03% $3.5m 67,600 +0.1% held MKC MCCORMICK & CO INC Consumer Defensive 0.03% $3.4m 42,505 −0.6% reduced BIC no ticker – 0.03% $3.2m 20,000 −0.6% reduced Nestle SA-REG no ticker – 0.03% $3.0m 41,310 0.0% held Reckitt Benckiser Group PLC no ticker – 0.02% $2.7m 30,917 +0.2% held
Exited since Q1 2015 2 rows
Stock Prior weight Prior value Schibsted A/S no ticker 0.0% $357k YUSD ALLEGHANY CORP DEL 0.0% $205k
Sector mix Unclassified 64.3% Consumer Defensive 16.5% Financial Services 16.1% Basic Materials 2.6% Industrials 0.1% Healthcare 0.09% Consumer Cyclical 0.08% Energy 0.04% Technology 0.04% Real Estate 0.03% Communication Services 0.02% 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