Gardner Russo & Quinn 13F holdings, Q3 2016
Holdings as of September 30, 2016 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 100 US equity positions worth $12.0bn in its Q3 2016 13F filing. The largest position was Nestle SA-Spons ADR at 10.4% of the reported book, followed by BRK/A and PM. Against the Q2 2016 filing, it opened 1 new position, added to 15 and reduced 19 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2016? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2016 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons ADR | 10.4% | $1.2bn | 15,816,601 | -0% | held | |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 9.0% | $1.1bn | 4,984 | -0% | held | |
| 3 | PM Philip Morris International In | Consumer Defensive | 8.3% | $1.0bn | 10,314,013 | -2% | reduced |
| 4 | MA Mastercard Inc Cl A | Financial Services | 8.3% | $994.8m | 9,775,132 | 0% | held |
| 5 | Heineken Holding NV | 7.2% | $867.1m | 10,808,907 | -0% | held | |
| 6 | BUD Anheuser-Busch InBev ADR | Consumer Defensive | 7.2% | $866.3m | 6,592,165 | 1% | added |
| 7 | Pernod Ricard | 6.2% | $745.4m | 6,296,414 | -0% | held | |
| 8 | Compagnie Financiere Richemont | 6.1% | $728.7m | 11,931,897 | 2% | added | |
| 9 | WFC Wells Fargo | Financial Services | 5.8% | $700.0m | 15,808,558 | 4% | added |
| 10 | Unilever NV ADR | 5.5% | $660.3m | 14,322,660 | 0% | held | |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 3.1% | $374.4m | 2,591,501 | 0% | held | |
| 12 | MO Altria Group Inc | Consumer Defensive | 3.1% | $372.6m | 5,893,334 | -1% | reduced |
| 13 | MLM Martin Marietta Materials | Basic Materials | 3.1% | $370.6m | 2,069,336 | -1% | reduced |
| 14 | British American Tobacco PLC | 2.7% | $323.9m | 5,057,949 | -1% | reduced | |
| 15 | The Swatch Group AG-BR | 2.3% | $277.0m | 977,574 | 1% | added | |
| 16 | Diageo PLC | 2.2% | $268.5m | 9,351,031 | 0% | held | |
| 17 | CMCSA Comcast Corp New Cl A | Communication Services | 2.1% | $250.8m | 3,780,163 | -1% | reduced |
| 18 | BF/A Brown-Forman Corp Cl A | 2.0% | $235.3m | 4,729,714 | 96% | added | |
| 19 | JC Decaux SA ACT | 1.7% | $203.5m | 6,291,096 | 4% | added | |
| 20 | SNI Scripps Networks Interactive C | 0.6% | $74.8m | 1,178,056 | -0% | held | |
| 21 | BF/B Brown-Forman Corp Cl B | 0.5% | $59.6m | 1,255,769 | 113% | added | |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.5% | $55.9m | 482,019 | 1% | added |
| 23 | V Visa Inc Cl A | Financial Services | 0.4% | $44.8m | 542,014 | 0% | held |
| 24 | EXMOC Exxon Mobil Corp | 0.1% | $14.3m | 163,315 | -2% | reduced | |
| 25 | FMX Fomento Economico Mex Sp ADR | 0.1% | $11.5m | 124,665 | 1% | added | |
| 26 | MKL Markel Corp | Financial Services | 0.1% | $11.1m | 11,987 | -2% | reduced |
| 27 | Swedish Match AB | 0.1% | $11.1m | 300,938 | -1% | reduced | |
| 28 | Anheuser-Busch InBev SA | 0.1% | $10.0m | 76,260 | – | new | |
| 29 | AXP American Express | Financial Services | 0.1% | $10.0m | 155,638 | 1% | added |
| 30 | Danone ADR | 0.1% | $9.9m | 665,770 | -0% | held | |
| 31 | CR Crane | Industrials | 0.1% | $9.7m | 153,741 | -2% | reduced |
| 32 | KO Coca-Cola | Consumer Defensive | 0.1% | $7.9m | 185,892 | -6% | reduced |
| 33 | PG Procter & Gamble | Consumer Defensive | 0.1% | $7.1m | 78,792 | -2% | reduced |
| 34 | MLKN Herman Miller Inc | Consumer Cyclical | 0.1% | $6.4m | 223,543 | -2% | reduced |
| 35 | HRL Hormel Foods Corp | Consumer Defensive | 0.1% | $6.2m | 163,849 | -1% | reduced |
| 36 | OUT Outfront Media Inc | Real Estate | 0.0% | $5.9m | 250,700 | 0% | held |
| 37 | JP Morgan Chase & Co WTS Exp 1 | 0.0% | $5.8m | 234,750 | 1% | added | |
| 38 | DOV Dover Corp | Industrials | 0.0% | $4.6m | 62,326 | 4% | added |
| 39 | Heineken NV | 0.0% | $4.4m | 49,788 | 0% | held | |
| 40 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $4.0m | 37,062 | 5% | added |
| 41 | SABMiller PLC | 0.0% | $3.8m | 65,760 | -3% | reduced | |
| 42 | CVX Chevron Corp | Energy | 0.0% | $3.7m | 35,542 | -8% | reduced |
| 43 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.5m | 35,005 | -7% | reduced |
| 44 | M&T Bank Corp Wts Exp 12/23/1 | 0.0% | $3.5m | 82,139 | 0% | held | |
| 45 | Wells Fargo WTS Exp 10/28/18 | 0.0% | $3.3m | 268,000 | 4% | added | |
| 46 | Nestle SA-REG | 0.0% | $3.3m | 41,310 | 0% | held | |
| 47 | BIC | 0.0% | $3.2m | 21,725 | -1% | reduced | |
| 48 | MSFT Microsoft Corp | Technology | 0.0% | $2.9m | 50,550 | 1% | added |
| 49 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $2.9m | 57,920 | -1% | reduced | |
| 50 | Reckitt Benckiser Group PLC | 0.0% | $2.8m | 29,537 | -1% | reduced |
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.