Gardner Russo & Quinn 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 102 US equity positions worth $13.5bn in its Q2 2017 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 Q1 2017 filing, it opened 0 new positions, added to 8 and reduced 26 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q2 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons ADR | 10.4% | $1.4bn | 16,092,009 | 1% | added | |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 9.1% | $1.2bn | 4,834 | -1% | reduced | |
| 3 | PM Philip Morris International In | Consumer Defensive | 8.8% | $1.2bn | 10,189,292 | -1% | reduced |
| 4 | MA Mastercard Inc Cl A | Financial Services | 8.6% | $1.2bn | 9,558,705 | 0% | held |
| 5 | Heineken Holding NV | 7.5% | $1.0bn | 11,053,544 | -1% | reduced | |
| 6 | Compagnie Financiere Richemont | 7.2% | $977.4m | 11,848,219 | -1% | reduced | |
| 7 | Pernod Ricard | 6.2% | $838.9m | 6,273,056 | -1% | reduced | |
| 8 | Unilever NV ADR | 6.2% | $833.5m | 15,081,382 | -1% | reduced | |
| 9 | Anheuser-Busch InBev SA | 5.7% | $775.5m | 7,030,534 | 0% | held | |
| 10 | WFC Wells Fargo | Financial Services | 5.2% | $700.9m | 12,648,626 | -7% | reduced |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 3.1% | $425.1m | 2,509,718 | 0% | held | |
| 12 | MO Altria Group Inc | Consumer Defensive | 2.9% | $398.1m | 5,346,297 | -1% | reduced |
| 13 | MLM Martin Marietta Materials | Basic Materials | 2.9% | $393.1m | 1,765,953 | -1% | reduced |
| 14 | The Swatch Group AG-BR | 2.8% | $385.1m | 1,041,507 | -0% | held | |
| 15 | British American Tobacco PLC | 2.5% | $344.8m | 5,071,308 | -1% | reduced | |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 2.0% | $275.6m | 7,082,067 | -1% | reduced |
| 17 | Diageo PLC | 2.0% | $269.9m | 9,158,652 | -2% | reduced | |
| 18 | JC Decaux SA ACT | 1.7% | $235.1m | 7,176,682 | 0% | held | |
| 19 | BF/A Brown-Forman Corp Cl A | 1.6% | $221.7m | 4,496,066 | -1% | reduced | |
| 20 | SNI Scripps Networks Interactive C | 0.6% | $78.7m | 1,152,171 | -0% | held | |
| 21 | BF/B Brown-Forman Corp Cl B | 0.5% | $70.4m | 1,448,495 | 4% | added | |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $56.5m | 471,770 | -0% | held |
| 23 | V Visa Inc Cl A | Financial Services | 0.4% | $52.7m | 562,186 | 2% | added |
| 24 | AXP American Express | Financial Services | 0.1% | $13.9m | 164,812 | 2% | added |
| 25 | FMX Fomento Economico Mex Sp ADR | 0.1% | $13.2m | 133,860 | 4% | added | |
| 26 | EXMOC Exxon Mobil Corp | 0.1% | $13.0m | 161,319 | -0% | held | |
| 27 | Danone ADR | 0.1% | $11.9m | 790,045 | 7% | added | |
| 28 | MKL Markel Corp | Financial Services | 0.1% | $10.8m | 11,112 | -1% | reduced |
| 29 | CR Crane | Industrials | 0.1% | $10.7m | 134,573 | -0% | held |
| 30 | Swedish Match AB | 0.1% | $9.8m | 277,243 | -1% | reduced | |
| 31 | KO Coca-Cola | Consumer Defensive | 0.1% | $7.6m | 169,527 | -2% | reduced |
| 32 | OUT Outfront Media Inc | Real Estate | 0.1% | $7.2m | 310,725 | 9% | added |
| 33 | MLKN Herman Miller Inc | Consumer Cyclical | 0.0% | $6.2m | 205,516 | -1% | reduced |
| 34 | Anheuser-Busch InBev SA Restri | 0.0% | $5.7m | 51,983 | 84% | added | |
| 35 | PG Procter & Gamble | Consumer Defensive | 0.0% | $5.6m | 64,392 | -0% | held |
| 36 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $5.3m | 155,849 | -1% | reduced |
| 37 | Heineken NV | 0.0% | $4.8m | 49,688 | -0% | held | |
| 38 | DOV Dover Corp | Industrials | 0.0% | $4.4m | 55,426 | -3% | reduced |
| 39 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $4.1m | 35,219 | -2% | reduced |
| 40 | JP Morgan Chase & Co WTS Exp 1 | 0.0% | $3.9m | 78,420 | -8% | reduced | |
| 41 | Nestle SA-REG | 0.0% | $3.6m | 41,000 | -1% | reduced | |
| 42 | MSFT Microsoft Corp | Technology | 0.0% | $3.4m | 49,400 | 0% | held |
| 43 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.3m | 33,755 | -0% | held |
| 44 | M&T Bank Corp Wts Exp 12/23/1 | 0.0% | $3.1m | 34,930 | -13% | reduced | |
| 45 | Du Pont E I De Nemours | 0.0% | $3.0m | 37,553 | -0% | held | |
| 46 | Wells Fargo WTS Exp 10/28/18 | 0.0% | $3.0m | 134,895 | -11% | reduced | |
| 47 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $2.9m | 53,825 | -0% | held | |
| 48 | PNC PNC Bank Corp | Financial Services | 0.0% | $2.9m | 22,890 | -1% | reduced |
| 49 | CVX Chevron Corp | Energy | 0.0% | $2.7m | 25,856 | -4% | reduced |
| 50 | Reckitt Benckiser Group PLC | 0.0% | $2.7m | 26,367 | 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.