Gardner Russo & Quinn 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 102 US equity positions worth $12.9bn in its Q1 2017 13F filing. The largest position was Nestle SA-Spons ADR at 9.5% of the reported book, followed by BRK/A and PM. Against the Q4 2016 filing, it opened 1 new position, added to 14 and reduced 26 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q1 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons ADR | 9.5% | $1.2bn | 15,989,885 | 0% | held | |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 9.4% | $1.2bn | 4,882 | -1% | reduced | |
| 3 | PM Philip Morris International In | Consumer Defensive | 9.0% | $1.2bn | 10,313,815 | -0% | held |
| 4 | MA Mastercard Inc Cl A | Financial Services | 8.3% | $1.1bn | 9,525,546 | -1% | reduced |
| 5 | Compagnie Financiere Richemont | 7.3% | $942.7m | 11,914,401 | 0% | held | |
| 6 | Heineken Holding NV | 6.9% | $889.4m | 11,150,922 | 3% | added | |
| 7 | Anheuser-Busch InBev SA | 6.0% | $772.7m | 7,021,186 | 4% | added | |
| 8 | WFC Wells Fargo | Financial Services | 5.9% | $760.0m | 13,653,885 | -7% | reduced |
| 9 | Unilever NV ADR | 5.9% | $757.0m | 15,237,940 | -0% | held | |
| 10 | Pernod Ricard | 5.8% | $748.1m | 6,307,031 | 1% | added | |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 3.2% | $416.6m | 2,499,201 | -2% | reduced | |
| 12 | MLM Martin Marietta Materials | Basic Materials | 3.0% | $388.4m | 1,779,672 | -2% | reduced |
| 13 | MO Altria Group Inc | Consumer Defensive | 3.0% | $384.3m | 5,380,768 | -2% | reduced |
| 14 | The Swatch Group AG-BR | 2.9% | $374.3m | 1,044,510 | 3% | added | |
| 15 | British American Tobacco PLC | 2.6% | $338.7m | 5,111,336 | -1% | reduced | |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 2.1% | $268.5m | 7,143,906 | 97% | added |
| 17 | Diageo PLC | 2.1% | $267.4m | 9,363,233 | 1% | added | |
| 18 | JC Decaux SA ACT | 2.0% | $252.8m | 7,164,839 | 3% | added | |
| 19 | BF/A Brown-Forman Corp Cl A | 1.7% | $213.8m | 4,543,152 | -2% | reduced | |
| 20 | SNI Scripps Networks Interactive C | 0.7% | $90.3m | 1,152,605 | -1% | reduced | |
| 21 | BF/B Brown-Forman Corp Cl B | 0.5% | $64.4m | 1,395,094 | 10% | added | |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $54.7m | 473,651 | -1% | reduced |
| 23 | V Visa Inc Cl A | Financial Services | 0.4% | $48.9m | 550,171 | 2% | added |
| 24 | EXMOC Exxon Mobil Corp | 0.1% | $13.3m | 161,941 | 1% | added | |
| 25 | AXP American Express | Financial Services | 0.1% | $12.7m | 160,993 | 1% | added |
| 26 | FMX Fomento Economico Mex Sp ADR | 0.1% | $11.4m | 128,280 | 1% | added | |
| 27 | MKL Markel Corp | Financial Services | 0.1% | $11.0m | 11,262 | -4% | reduced |
| 28 | CR Crane | Industrials | 0.1% | $10.1m | 134,973 | -0% | held |
| 29 | Danone ADR | 0.1% | $10.0m | 736,605 | 8% | added | |
| 30 | Swedish Match AB | 0.1% | $9.1m | 278,868 | -7% | reduced | |
| 31 | OUT Outfront Media Inc | Real Estate | 0.1% | $7.6m | 285,225 | 9% | added |
| 32 | KO Coca-Cola | Consumer Defensive | 0.1% | $7.3m | 172,757 | -5% | reduced |
| 33 | MLKN Herman Miller Inc | Consumer Cyclical | 0.1% | $6.6m | 208,366 | -2% | reduced |
| 34 | PG Procter & Gamble | Consumer Defensive | 0.0% | $5.8m | 64,402 | -2% | reduced |
| 35 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $5.4m | 156,649 | -3% | reduced |
| 36 | DOV Dover Corp | Industrials | 0.0% | $4.6m | 57,301 | -3% | reduced |
| 37 | Heineken NV | 0.0% | $4.2m | 49,788 | 0% | held | |
| 38 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $4.0m | 35,919 | -3% | reduced |
| 39 | JP Morgan Chase & Co WTS Exp 1 | 0.0% | $4.0m | 85,300 | -47% | reduced | |
| 40 | Wells Fargo WTS Exp 10/28/18 | 0.0% | $3.4m | 151,500 | -32% | reduced | |
| 41 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.3m | 33,805 | -2% | reduced |
| 42 | MSFT Microsoft Corp | Technology | 0.0% | $3.3m | 49,400 | -2% | reduced |
| 43 | M&T Bank Corp Wts Exp 12/23/1 | 0.0% | $3.2m | 40,000 | -38% | reduced | |
| 44 | Nestle SA-REG | 0.0% | $3.2m | 41,310 | 0% | held | |
| 45 | Anheuser-Busch InBev SA Restri | 0.0% | $3.1m | 28,305 | – | new | |
| 46 | Du Pont E I De Nemours | 0.0% | $3.0m | 37,654 | 0% | held | |
| 47 | CVX Chevron Corp | Energy | 0.0% | $2.9m | 27,022 | -7% | reduced |
| 48 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $2.8m | 53,990 | -4% | reduced | |
| 49 | PNC PNC Bank Corp | Financial Services | 0.0% | $2.8m | 23,090 | -0% | held |
| 50 | BIC | 0.0% | $2.6m | 20,725 | -14% | 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.