Gardner Russo & Quinn 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 100 US equity positions worth $14.3bn in its Q1 2018 13F filing. The largest position was MA at 10.9% of the reported book, followed by BRK/A and Nestle SA-Spons ADR. Against the Q4 2017 filing, it opened 0 new positions, added to 13 and reduced 25 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q1 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard Inc Cl A | Financial Services | 10.9% | $1.6bn | 8,946,630 | -2% | reduced |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 9.7% | $1.4bn | 4,666 | -0% | held | |
| 3 | Nestle SA-Spons ADR | 8.7% | $1.3bn | 15,861,323 | -0% | held | |
| 4 | Heineken Holding NV | 7.7% | $1.1bn | 10,701,707 | -1% | reduced | |
| 5 | Compagnie Financiere Richemont | 7.3% | $1.0bn | 11,640,283 | 0% | held | |
| 6 | PM Philip Morris International In | Consumer Defensive | 7.2% | $1.0bn | 10,380,319 | 2% | added |
| 7 | Pernod Ricard | 7.0% | $999.8m | 6,010,668 | -1% | reduced | |
| 8 | Unilever NV ADR | 6.0% | $860.1m | 15,252,999 | 3% | added | |
| 9 | Anheuser-Busch InBev SA | 5.8% | $837.6m | 7,628,266 | 7% | added | |
| 10 | WFC Wells Fargo | Financial Services | 4.5% | $647.3m | 12,350,667 | -1% | reduced |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 3.5% | $508.7m | 2,550,076 | 2% | added | |
| 12 | The Swatch Group AG-BR | 3.5% | $508.4m | 1,155,343 | 1% | added | |
| 13 | MLM Martin Marietta Materials | Basic Materials | 2.9% | $417.8m | 2,015,598 | 0% | held |
| 14 | MO Altria Group Inc | Consumer Defensive | 2.5% | $351.4m | 5,638,211 | 1% | added |
| 15 | British American Tobacco PLC | 2.1% | $305.9m | 5,278,970 | 1% | added | |
| 16 | Diageo PLC | 2.0% | $283.9m | 8,389,879 | -6% | reduced | |
| 17 | JC Decaux SA ACT | 1.9% | $268.8m | 7,733,431 | -0% | held | |
| 18 | CMCSA Comcast Corp New Cl A | Communication Services | 1.7% | $243.4m | 7,122,137 | 0% | held |
| 19 | BF/A Brown-Forman Corp Cl A | 1.6% | $230.3m | 4,318,029 | -0% | held | |
| 20 | BF/B Brown-Forman Corp Cl B | 1.1% | $153.2m | 2,816,490 | 90% | added | |
| 21 | V Visa Inc Cl A | Financial Services | 0.5% | $68.1m | 569,580 | -1% | reduced |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $56.2m | 415,289 | -3% | reduced |
| 23 | AXP American Express | Financial Services | 0.1% | $15.3m | 163,699 | -1% | reduced |
| 24 | FMX Fomento Economico Mex Sp ADR | 0.1% | $12.7m | 138,417 | 1% | added | |
| 25 | Swedish Match AB | 0.1% | $12.3m | 272,193 | -1% | reduced | |
| 26 | EXMOC Exxon Mobil Corp | 0.1% | $11.7m | 156,595 | -1% | reduced | |
| 27 | Danone ADR | 0.1% | $11.6m | 716,515 | -1% | reduced | |
| 28 | CR Crane | Industrials | 0.1% | $11.5m | 123,693 | -4% | reduced |
| 29 | MKL Markel Corp | Financial Services | 0.1% | $9.6m | 8,183 | -2% | reduced |
| 30 | OUT Outfront Media Inc | Real Estate | 0.0% | $6.4m | 340,079 | 4% | added |
| 31 | MLKN Herman Miller Inc | Consumer Cyclical | 0.0% | $6.3m | 197,241 | -3% | reduced |
| 32 | Anheuser-Busch InBev SA Restri | 0.0% | $5.7m | 51,983 | 0% | held | |
| 33 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $5.5m | 160,374 | 1% | added |
| 34 | KO Coca-Cola | Consumer Defensive | 0.0% | $5.4m | 123,708 | -5% | reduced |
| 35 | DOV Dover Corp | Industrials | 0.0% | $5.1m | 51,816 | -2% | reduced |
| 36 | Heineken NV | 0.0% | $5.1m | 47,288 | -5% | reduced | |
| 37 | PG Procter & Gamble | Consumer Defensive | 0.0% | $4.2m | 52,860 | -13% | reduced |
| 38 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $3.7m | 33,597 | -2% | reduced |
| 39 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.6m | 33,555 | -0% | held |
| 40 | Nestle SA-REG | 0.0% | $3.2m | 41,000 | 0% | held | |
| 41 | PNC PNC Bank Corp | Financial Services | 0.0% | $3.2m | 20,965 | -1% | reduced |
| 42 | DowDupont Inc | 0.0% | $3.0m | 47,521 | 0% | held | |
| 43 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $3.0m | 47,265 | -9% | reduced | |
| 44 | GOOG Alphabet Inc Cl C | Communication Services | 0.0% | $2.3m | 2,184 | -12% | reduced |
| 45 | Unilever NV | 0.0% | $2.2m | 39,000 | 0% | held | |
| 46 | Reckitt Benckiser Group PLC | 0.0% | $2.2m | 25,472 | -2% | reduced | |
| 47 | M&T Bank Corp Wts Exp 12/23/1 | 0.0% | $2.2m | 19,750 | -34% | reduced | |
| 48 | VMC Vulcan Materials | Basic Materials | 0.0% | $2.1m | 18,820 | 28% | added |
| 49 | Fulton Finl Corp | 0.0% | $2.1m | 120,254 | 3% | added | |
| 50 | JP Morgan Chase & Co WTS Exp 1 | 0.0% | $2.1m | 30,300 | -48% | 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.