Gardner Russo & Quinn 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 88 US equity positions worth $12.0bn in its Q4 2018 13F filing. The largest position was MA at 12.7% of the reported book, followed by BRK/A and Nestle SA-Spons ADR. Against the Q3 2018 filing, it opened 0 new positions, added to 1 and reduced 39 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q4 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard Inc Cl A | Financial Services | 12.7% | $1.5bn | 8,077,802 | -3% | reduced |
| 2 | BRK/A Berkshire Hathaway Inc Cl A | 11.2% | $1.4bn | 4,417 | -3% | reduced | |
| 3 | Nestle SA-Spons ADR | 10.0% | $1.2bn | 14,897,566 | -3% | reduced | |
| 4 | Pernod Ricard | 7.7% | $923.8m | 5,639,552 | -4% | reduced | |
| 5 | Heineken Holding NV | 7.2% | $869.6m | 10,314,562 | -3% | reduced | |
| 6 | Unilever NV ADR | 6.4% | $770.6m | 14,322,780 | -3% | reduced | |
| 7 | Compagnie Financiere Richemont | 6.1% | $733.4m | 11,476,544 | -1% | reduced | |
| 8 | PM Philip Morris International In | Consumer Defensive | 5.6% | $669.2m | 10,024,100 | -3% | reduced |
| 9 | WFC Wells Fargo | Financial Services | 5.1% | $614.8m | 13,341,454 | -0% | held |
| 10 | Anheuser-Busch InBev SA | 4.3% | $514.5m | 7,799,725 | -3% | reduced | |
| 11 | BRK/B Berkshire Hathaway Inc Cl B | 4.2% | $507.4m | 2,485,257 | -3% | reduced | |
| 12 | The Swatch Group AG-BR | 2.9% | $347.2m | 1,193,914 | -0% | held | |
| 13 | MLM Martin Marietta Materials | Basic Materials | 2.8% | $334.3m | 1,944,937 | -2% | reduced |
| 14 | Diageo PLC | 2.2% | $269.8m | 7,578,148 | -4% | reduced | |
| 15 | MO Altria Group Inc | Consumer Defensive | 2.2% | $263.3m | 5,331,976 | -2% | reduced |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 1.9% | $230.9m | 6,779,811 | -3% | reduced |
| 17 | JC Decaux SA ACT | 1.7% | $202.8m | 7,234,684 | -5% | reduced | |
| 18 | BF/A Brown-Forman Corp Cl A | 1.7% | $200.0m | 4,216,925 | -2% | reduced | |
| 19 | BF/B Brown-Forman Corp Cl B | 1.0% | $115.1m | 2,419,447 | -4% | reduced | |
| 20 | GOOG Alphabet Inc Cl C | Communication Services | 0.8% | $95.9m | 92,570 | 61% | added |
| 21 | V Visa Inc Cl A | Financial Services | 0.6% | $77.1m | 584,461 | -5% | reduced |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.4% | $51.6m | 364,056 | -7% | reduced |
| 23 | AXP American Express | Financial Services | 0.1% | $15.6m | 163,749 | -8% | reduced |
| 24 | FMX Fomento Economico Mex Sp ADR | 0.1% | $13.2m | 152,995 | -6% | reduced | |
| 25 | EXMOC Exxon Mobil Corp | 0.1% | $10.3m | 151,616 | -2% | reduced | |
| 26 | Danone ADR | 0.1% | $10.3m | 731,449 | -12% | reduced | |
| 27 | Swedish Match AB | 0.1% | $9.7m | 245,445 | -5% | reduced | |
| 28 | MKL Markel Corp | Financial Services | 0.1% | $8.2m | 7,920 | -1% | reduced |
| 29 | CR Crane | Industrials | 0.1% | $7.7m | 106,993 | -8% | reduced |
| 30 | OUT Outfront Media Inc | Real Estate | 0.1% | $7.4m | 410,326 | -10% | reduced |
| 31 | HRL Hormel Foods Corp | Consumer Defensive | 0.1% | $6.6m | 155,373 | -3% | reduced |
| 32 | MLKN Herman Miller Inc | Consumer Cyclical | 0.0% | $5.5m | 183,216 | -4% | reduced |
| 33 | KO Coca-Cola | Consumer Defensive | 0.0% | $5.5m | 116,923 | -2% | reduced |
| 34 | VMC Vulcan Materials | Basic Materials | 0.0% | $5.3m | 53,800 | -3% | reduced |
| 35 | MKC McCormick Inc | Consumer Defensive | 0.0% | $4.3m | 30,855 | -6% | reduced |
| 36 | PG Procter & Gamble | Consumer Defensive | 0.0% | $4.2m | 45,511 | -4% | reduced |
| 37 | Heineken NV | 0.0% | $4.1m | 45,988 | 0% | held | |
| 38 | Anheuser-Busch InBev SA Restri | 0.0% | $3.4m | 51,983 | 0% | held | |
| 39 | Nestle SA-REG | 0.0% | $3.3m | 41,000 | 0% | held | |
| 40 | DOV Dover Corp | Industrials | 0.0% | $3.2m | 44,691 | -11% | reduced |
| 41 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $3.1m | 27,921 | -13% | reduced |
| 42 | DowDupont Inc | 0.0% | $2.6m | 47,724 | 0% | held | |
| 43 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $2.3m | 38,945 | -3% | reduced | |
| 44 | BIC | 0.0% | $2.2m | 22,055 | 0% | held | |
| 45 | PNC PNC Bank Corp | Financial Services | 0.0% | $2.1m | 18,168 | -7% | reduced |
| 46 | Unilever NV | 0.0% | $2.1m | 39,000 | 0% | held | |
| 47 | Lindt & Spruengli AG - Reg | 0.0% | $1.9m | 26 | 0% | held | |
| 48 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $1.9m | 1,813 | -3% | reduced |
| 49 | Fulton Finl Corp | 0.0% | $1.9m | 120,154 | 0% | held | |
| 50 | Reckitt Benckiser Group PLC | 0.0% | $1.8m | 23,732 | -4% | 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.