Gardner Russo & Quinn 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 107 US equity positions worth $11.8bn in its Q1 2016 13F filing. The largest position was Nestle SA-Spons ADR at 10.0% of the reported book, followed by BRK/A and PM. Against the Q4 2015 filing, it opened 0 new positions, added to 12 and reduced 15 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q1 2016? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons ADR | 10.0% | $1.2bn | 15,823,803 | -0% | held | |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 9.0% | $1.1bn | 5,013 | -1% | reduced | |
| 3 | PM Philip Morris International In | Consumer Defensive | 8.7% | $1.0bn | 10,511,803 | -1% | reduced |
| 4 | MA Mastercard Inc Cl A | Financial Services | 7.8% | $919.1m | 9,725,470 | 0% | held |
| 5 | Heineken Holding NV | 7.2% | $846.4m | 10,830,034 | -0% | held | |
| 6 | BUD Anheuser-Busch InBev ADR | Consumer Defensive | 6.8% | $810.6m | 6,502,526 | 1% | added |
| 7 | Compagnie Financiere Richemont | 6.4% | $755.0m | 11,376,709 | 12% | added | |
| 8 | WFC Wells Fargo | Financial Services | 6.0% | $710.5m | 14,692,910 | -0% | held |
| 9 | Pernod Ricard | 5.6% | $660.7m | 5,916,349 | 3% | added | |
| 10 | Unilever NV ADR | 5.4% | $639.5m | 14,312,004 | -0% | held | |
| 11 | MO Altria Group Inc | Consumer Defensive | 3.1% | $372.6m | 5,945,898 | -2% | reduced |
| 12 | BRK/B Berkshire Hathaway Inc Cl B | 3.1% | $367.6m | 2,590,604 | 0% | held | |
| 13 | MLM Martin Marietta Materials | Basic Materials | 2.8% | $335.6m | 2,103,643 | 0% | held |
| 14 | The Swatch Group AG-BR | 2.5% | $299.8m | 861,996 | 17% | added | |
| 15 | British American Tobacco PLC | 2.5% | $299.3m | 5,091,660 | 0% | held | |
| 16 | BF/A Brown-Forman Corp Cl A | 2.2% | $260.4m | 2,440,882 | -2% | reduced | |
| 17 | Diageo PLC | 2.1% | $251.9m | 9,314,735 | -0% | held | |
| 18 | JC Decaux SA ACT | 2.1% | $244.2m | 5,570,228 | 12% | added | |
| 19 | CMCSA Comcast Corp New Cl A | Communication Services | 2.0% | $234.4m | 3,838,373 | -2% | reduced |
| 20 | SABMiller PLC | 0.9% | $111.4m | 1,821,270 | -63% | reduced | |
| 21 | SNI Scripps Networks Interactive C | 0.7% | $78.0m | 1,190,190 | -4% | reduced | |
| 22 | BF/B Brown-Forman Corp Cl B | 0.5% | $56.6m | 574,634 | 4% | added | |
| 23 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $51.0m | 473,132 | 0% | held |
| 24 | V Visa Inc Cl A | Financial Services | 0.3% | $41.4m | 540,796 | -0% | held |
| 25 | EXMOC Exxon Mobil Corp | 0.1% | $13.9m | 166,128 | 0% | held | |
| 26 | MKL Markel Corp | Financial Services | 0.1% | $11.7m | 13,137 | -10% | reduced |
| 27 | FMX Fomento Economico Mex Sp ADR | 0.1% | $11.7m | 121,470 | 0% | held | |
| 28 | Swedish Match AB | 0.1% | $10.3m | 304,213 | -0% | held | |
| 29 | KO Coca-Cola | Consumer Defensive | 0.1% | $9.5m | 205,182 | -1% | reduced |
| 30 | AXP American Express | Financial Services | 0.1% | $9.3m | 151,773 | 1% | added |
| 31 | Danone ADR | 0.1% | $9.1m | 638,500 | 7% | added | |
| 32 | CR Crane | Industrials | 0.1% | $8.6m | 159,341 | -1% | reduced |
| 33 | MLKN Herman Miller Inc | Consumer Cyclical | 0.1% | $7.4m | 238,277 | -20% | reduced |
| 34 | HRL Hormel Foods Corp | Consumer Defensive | 0.1% | $7.4m | 170,069 | 72% | added |
| 35 | PG Procter & Gamble | Consumer Defensive | 0.1% | $7.1m | 85,987 | -0% | held |
| 36 | OUT Outfront Media Inc | Real Estate | 0.0% | $5.0m | 234,705 | 46% | added |
| 37 | Heineken NV | 0.0% | $4.5m | 49,788 | 0% | held | |
| 38 | DOV Dover Corp | Industrials | 0.0% | $4.2m | 64,926 | -0% | held |
| 39 | Wells Fargo WTS Exp 10/28/18 | 0.0% | $4.0m | 253,000 | 26% | added | |
| 40 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.9m | 39,480 | -4% | reduced |
| 41 | CVX Chevron Corp | Energy | 0.0% | $3.9m | 40,883 | -1% | reduced |
| 42 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $3.8m | 36,647 | -6% | reduced |
| 43 | JP Morgan Chase & Co WTS Exp 1 | 0.0% | $3.6m | 200,750 | 0% | held | |
| 44 | BIC | 0.0% | $3.3m | 21,625 | 0% | held | |
| 45 | M&T Bank Corp Wts Exp 12/23/1 | 0.0% | $3.1m | 82,139 | 17% | added | |
| 46 | Nestle SA-REG | 0.0% | $3.1m | 41,310 | 0% | held | |
| 47 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $3.0m | 60,970 | -0% | held | |
| 48 | Reckitt Benckiser Group PLC | 0.0% | $2.9m | 30,187 | -1% | reduced | |
| 49 | MSFT Microsoft Corp | Technology | 0.0% | $2.7m | 49,450 | 0% | held |
| 50 | Lindt & Spruengli AG - Reg | 0.0% | $2.5m | 33 | 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.