Gardner Russo & Quinn 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 95 US equity positions worth $13.8bn in its Q3 2018 13F filing. The largest position was MA at 13.4% of the reported book, followed by BRK/A and Nestle SA-Spons ADR. Against the Q2 2018 filing, it opened 0 new positions, added to 9 and reduced 28 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard Inc Cl A | Financial Services | 13.4% | $1.9bn | 8,351,354 | -4% | reduced |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 10.5% | $1.5bn | 4,555 | -1% | reduced | |
| 3 | Nestle SA-Spons ADR | 9.3% | $1.3bn | 15,392,326 | -2% | reduced | |
| 4 | Pernod Ricard | 6.9% | $960.0m | 5,849,165 | -1% | reduced | |
| 5 | Heineken Holding NV | 6.9% | $959.2m | 10,587,256 | 0% | held | |
| 6 | Compagnie Financiere Richemont | 6.9% | $953.6m | 11,644,012 | 1% | added | |
| 7 | PM Philip Morris International In | Consumer Defensive | 6.1% | $840.0m | 10,301,119 | -1% | reduced |
| 8 | Unilever NV ADR | 5.9% | $817.9m | 14,723,219 | -2% | reduced | |
| 9 | Anheuser-Busch InBev SA | 5.1% | $704.3m | 8,061,282 | 0% | held | |
| 10 | WFC Wells Fargo | Financial Services | 5.1% | $703.1m | 13,376,592 | 9% | added |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 4.0% | $546.4m | 2,551,745 | 1% | added | |
| 12 | The Swatch Group AG-BR | 3.5% | $478.1m | 1,196,589 | 4% | added | |
| 13 | MLM Martin Marietta Materials | Basic Materials | 2.6% | $361.6m | 1,987,280 | -0% | held |
| 14 | MO Altria Group Inc | Consumer Defensive | 2.4% | $328.6m | 5,448,807 | -2% | reduced |
| 15 | Diageo PLC | 2.0% | $280.2m | 7,903,324 | -1% | reduced | |
| 16 | JC Decaux SA ACT | 2.0% | $279.0m | 7,626,378 | -1% | reduced | |
| 17 | CMCSA Comcast Corp New Cl A | Communication Services | 1.8% | $247.9m | 7,002,063 | -1% | reduced |
| 18 | BF/A Brown-Forman Corp Cl A | 1.6% | $218.2m | 4,295,327 | -0% | held | |
| 19 | BF/B Brown-Forman Corp Cl B | 0.9% | $127.0m | 2,512,409 | -5% | reduced | |
| 20 | V Visa Inc Cl A | Financial Services | 0.7% | $92.5m | 616,572 | -1% | reduced |
| 21 | GOOG Alphabet Inc Cl C | Communication Services | 0.5% | $68.4m | 57,351 | 1% | added |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $55.3m | 390,477 | -3% | reduced |
| 23 | AXP American Express | Financial Services | 0.1% | $18.9m | 177,446 | -2% | reduced |
| 24 | FMX Fomento Economico Mex Sp ADR | 0.1% | $16.1m | 162,402 | -1% | reduced | |
| 25 | Swedish Match AB | 0.1% | $13.2m | 258,395 | -0% | held | |
| 26 | EXMOC Exxon Mobil Corp | 0.1% | $13.2m | 154,948 | 0% | held | |
| 27 | Danone ADR | 0.1% | $12.8m | 828,970 | -2% | reduced | |
| 28 | CR Crane | Industrials | 0.1% | $11.5m | 116,518 | -3% | reduced |
| 29 | MKL Markel Corp | Financial Services | 0.1% | $9.5m | 8,000 | -1% | reduced |
| 30 | OUT Outfront Media Inc | Real Estate | 0.1% | $9.1m | 457,996 | 1% | added |
| 31 | MLKN Herman Miller Inc | Consumer Cyclical | 0.1% | $7.3m | 190,266 | -3% | reduced |
| 32 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $6.3m | 160,023 | 1% | added |
| 33 | VMC Vulcan Materials | Basic Materials | 0.0% | $6.2m | 55,415 | 1% | added |
| 34 | KO Coca-Cola | Consumer Defensive | 0.0% | $5.5m | 119,308 | -2% | reduced |
| 35 | Anheuser-Busch InBev SA Restri | 0.0% | $4.5m | 51,983 | 0% | held | |
| 36 | DOV Dover Corp | Industrials | 0.0% | $4.5m | 50,291 | -2% | reduced |
| 37 | MKC McCormick Inc | Consumer Defensive | 0.0% | $4.3m | 32,805 | -2% | reduced |
| 38 | Heineken NV | 0.0% | $4.3m | 45,988 | 0% | held | |
| 39 | PG Procter & Gamble | Consumer Defensive | 0.0% | $3.9m | 47,439 | -3% | reduced |
| 40 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $3.6m | 31,975 | -1% | reduced |
| 41 | Nestle SA-REG | 0.0% | $3.4m | 41,000 | 0% | held | |
| 42 | DowDupont Inc | 0.0% | $3.1m | 47,631 | -0% | held | |
| 43 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $2.7m | 40,050 | -12% | reduced | |
| 44 | PNC PNC Bank Corp | Financial Services | 0.0% | $2.7m | 19,568 | -7% | reduced |
| 45 | Reckitt Benckiser Group PLC | 0.0% | $2.3m | 24,717 | -2% | reduced | |
| 46 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $2.3m | 1,871 | 0% | held |
| 47 | Unilever NV | 0.0% | $2.2m | 39,000 | 0% | held | |
| 48 | Lindt & Spruengli AG - Reg | 0.0% | $2.1m | 26 | -4% | reduced | |
| 49 | BIC | 0.0% | $2.0m | 22,055 | 5% | added | |
| 50 | Fulton Finl Corp | 0.0% | $2.0m | 120,154 | -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.