Gardner Russo & Quinn 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 102 US equity positions worth $14.1bn in its Q3 2017 13F filing. The largest position was Nestle SA-Spons ADR at 9.6% of the reported book, followed by MA and BRK/A. Against the Q2 2017 filing, it opened 1 new position, added to 12 and reduced 13 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | Nestle SA-Spons ADR | 9.6% | $1.4bn | 16,090,733 | -0% | held | |
| 2 | MA Mastercard Inc Cl A | Financial Services | 9.5% | $1.3bn | 9,501,788 | -1% | reduced |
| 3 | BRK/A Berkshire Hathaway Inc Cl A | 9.4% | $1.3bn | 4,815 | -0% | held | |
| 4 | PM Philip Morris International In | Consumer Defensive | 8.0% | $1.1bn | 10,190,340 | 0% | held |
| 5 | Compagnie Financiere Richemont | 7.7% | $1.1bn | 11,871,712 | 0% | held | |
| 6 | Heineken Holding NV | 7.3% | $1.0bn | 10,980,972 | -1% | reduced | |
| 7 | Unilever NV ADR | 6.3% | $887.2m | 15,026,289 | -0% | held | |
| 8 | Pernod Ricard | 6.1% | $867.7m | 6,270,809 | -0% | held | |
| 9 | Anheuser-Busch InBev SA | 6.0% | $845.9m | 7,063,655 | 0% | held | |
| 10 | WFC Wells Fargo | Financial Services | 5.0% | $700.6m | 12,704,228 | 0% | held |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 3.3% | $461.7m | 2,518,342 | 0% | held | |
| 12 | The Swatch Group AG-BR | 3.2% | $447.1m | 1,073,987 | 3% | added | |
| 13 | MLM Martin Marietta Materials | Basic Materials | 3.0% | $419.5m | 2,034,151 | 15% | added |
| 14 | MO Altria Group Inc | Consumer Defensive | 2.5% | $360.5m | 5,683,852 | 6% | added |
| 15 | British American Tobacco PLC | 2.3% | $331.9m | 5,295,611 | 4% | added | |
| 16 | Diageo PLC | 2.1% | $300.4m | 9,126,500 | -0% | held | |
| 17 | JC Decaux SA ACT | 2.1% | $291.3m | 7,777,411 | 8% | added | |
| 18 | CMCSA Comcast Corp New Cl A | Communication Services | 1.9% | $275.6m | 7,160,960 | 1% | added |
| 19 | BF/A Brown-Forman Corp Cl A | 1.7% | $247.3m | 4,441,151 | -1% | reduced | |
| 20 | BF/B Brown-Forman Corp Cl B | 0.6% | $83.0m | 1,528,826 | 6% | added | |
| 21 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $61.0m | 461,365 | -2% | reduced |
| 22 | V Visa Inc Cl A | Financial Services | 0.4% | $59.7m | 567,051 | 1% | added |
| 23 | AXP American Express | Financial Services | 0.1% | $15.0m | 165,351 | 0% | held |
| 24 | EXMOC Exxon Mobil Corp | 0.1% | $13.2m | 160,552 | -0% | held | |
| 25 | FMX Fomento Economico Mex Sp ADR | 0.1% | $12.8m | 133,775 | -0% | held | |
| 26 | SNI Scripps Networks Interactive C | 0.1% | $12.7m | 147,901 | -87% | reduced | |
| 27 | Danone ADR | 0.1% | $12.5m | 795,070 | 1% | added | |
| 28 | MKL Markel Corp | Financial Services | 0.1% | $11.7m | 10,908 | -2% | reduced |
| 29 | CR Crane | Industrials | 0.1% | $10.6m | 133,123 | -1% | reduced |
| 30 | Swedish Match AB | 0.1% | $9.7m | 275,838 | -1% | reduced | |
| 31 | OUT Outfront Media Inc | Real Estate | 0.1% | $8.2m | 325,815 | 5% | added |
| 32 | KO Coca-Cola | Consumer Defensive | 0.1% | $7.4m | 164,777 | -3% | reduced |
| 33 | MLKN Herman Miller Inc | Consumer Cyclical | 0.1% | $7.4m | 205,416 | -0% | held |
| 34 | Anheuser-Busch InBev SA Restri | 0.0% | $6.2m | 51,983 | 0% | held | |
| 35 | PG Procter & Gamble | Consumer Defensive | 0.0% | $5.7m | 62,267 | -3% | reduced |
| 36 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $5.1m | 159,273 | 2% | added |
| 37 | Heineken NV | 0.0% | $4.9m | 49,688 | 0% | held | |
| 38 | DOV Dover Corp | Industrials | 0.0% | $4.9m | 53,666 | -3% | reduced |
| 39 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $3.9m | 35,200 | -0% | held |
| 40 | MSFT Microsoft Corp | Technology | 0.0% | $3.7m | 49,400 | 0% | held |
| 41 | JP Morgan Chase & Co WTS Exp 1 | 0.0% | $3.7m | 67,800 | -14% | reduced | |
| 42 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.5m | 33,655 | -0% | held |
| 43 | Nestle SA-REG | 0.0% | $3.4m | 41,000 | 0% | held | |
| 44 | DowDupont Inc | 0.0% | $3.3m | 48,139 | – | new | |
| 45 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $3.3m | 53,825 | 0% | held | |
| 46 | PNC PNC Bank Corp | Financial Services | 0.0% | $3.1m | 22,890 | 0% | held |
| 47 | M&T Bank Corp Wts Exp 12/23/1 | 0.0% | $3.0m | 34,930 | 0% | held | |
| 48 | Wells Fargo WTS Exp 10/28/18 | 0.0% | $2.9m | 134,895 | 0% | held | |
| 49 | CVX Chevron Corp | Energy | 0.0% | $2.9m | 24,256 | -6% | reduced |
| 50 | BIC | 0.0% | $2.6m | 21,680 | 5% | added |
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.