Gardner Russo & Quinn 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 94 US equity positions worth $12.8bn in its Q3 2019 13F filing. The largest position was MA at 14.1% of the reported book, followed by Nestle SA-Spons ADR and BRK/A. Against the Q2 2019 filing, it opened 0 new positions, added to 4 and reduced 37 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard Inc Cl A | Financial Services | 14.1% | $1.8bn | 6,672,200 | -4% | reduced |
| 2 | Nestle SA-Spons ADR | 11.0% | $1.4bn | 13,036,690 | -3% | reduced | |
| 3 | BRK/A Berkshire Hathaway Inc Cl A | 9.5% | $1.2bn | 3,926 | -2% | reduced | |
| 4 | Heineken Holding NV | 7.1% | $910.8m | 9,145,887 | -2% | reduced | |
| 5 | Pernod Ricard | 6.8% | $879.7m | 4,938,362 | -3% | reduced | |
| 6 | Compagnie Financiere Richemont | 6.0% | $764.5m | 10,411,579 | -3% | reduced | |
| 7 | Unilever NV ADR | 5.9% | $758.8m | 12,641,082 | -2% | reduced | |
| 8 | Anheuser-Busch InBev SA | 5.7% | $737.5m | 7,737,938 | -2% | reduced | |
| 9 | PM Philip Morris International In | Consumer Defensive | 5.4% | $689.7m | 9,083,335 | -3% | reduced |
| 10 | WFC Wells Fargo | Financial Services | 5.0% | $644.8m | 12,783,847 | 1% | added |
| 11 | MLM Martin Marietta Materials | Basic Materials | 3.7% | $476.3m | 1,737,677 | -3% | reduced |
| 12 | BRK/B Berkshire Hathaway Inc Cl B | 3.7% | $470.7m | 2,262,661 | -3% | reduced | |
| 13 | GOOG Alphabet Inc Cl C | Communication Services | 2.4% | $311.3m | 255,378 | 31% | added |
| 14 | The Swatch Group AG-BR | 2.2% | $288.8m | 1,087,030 | -3% | reduced | |
| 15 | CMCSA Comcast Corp New Cl A | Communication Services | 2.1% | $266.2m | 5,905,493 | -2% | reduced |
| 16 | BF/A Brown-Forman Corp Cl A | 1.8% | $231.9m | 3,881,452 | -2% | reduced | |
| 17 | Diageo PLC | 1.8% | $228.8m | 5,570,766 | -3% | reduced | |
| 18 | JC Decaux SA ACT | 1.4% | $177.1m | 6,540,415 | -2% | reduced | |
| 19 | MO Altria Group Inc | Consumer Defensive | 1.0% | $134.4m | 3,285,894 | -34% | reduced |
| 20 | BF/B Brown-Forman Corp Cl B | 0.9% | $113.2m | 1,803,190 | -5% | reduced | |
| 21 | V Visa Inc Cl A | Financial Services | 0.7% | $86.4m | 502,580 | -2% | reduced |
| 22 | DEO Diageo PLC Sponsored ADR | Consumer Defensive | 0.3% | $38.6m | 235,970 | -2% | reduced |
| 23 | AXP American Express | Financial Services | 0.1% | $16.3m | 137,557 | -1% | reduced |
| 24 | FMX Fomento Economico Mex Sp ADR | 0.1% | $12.0m | 130,605 | -1% | reduced | |
| 25 | EXMOC Exxon Mobil Corp | 0.1% | $10.5m | 148,974 | -1% | reduced | |
| 26 | OUT Outfront Media Inc | Real Estate | 0.1% | $9.1m | 328,187 | 0% | held |
| 27 | MKL Markel Corp | Financial Services | 0.1% | $9.0m | 7,577 | -1% | reduced |
| 28 | Swedish Match AB | 0.1% | $8.9m | 216,025 | -3% | reduced | |
| 29 | Danone ADR | 0.1% | $8.8m | 497,613 | -1% | reduced | |
| 30 | VMC Vulcan Materials | Basic Materials | 0.1% | $8.7m | 57,292 | 3% | added |
| 31 | CR Crane | Industrials | 0.1% | $8.0m | 98,643 | -1% | reduced |
| 32 | MLKN Herman Miller Inc | Consumer Cyclical | 0.1% | $7.8m | 168,781 | -3% | reduced |
| 33 | HRL Hormel Foods Corp | Consumer Defensive | 0.1% | $6.6m | 151,668 | -1% | reduced |
| 34 | KO Coca-Cola | Consumer Defensive | 0.0% | $5.7m | 105,567 | -0% | held |
| 35 | Heineken NV | 0.0% | $4.9m | 45,738 | -1% | reduced | |
| 36 | PG Procter & Gamble | Consumer Defensive | 0.0% | $4.8m | 38,837 | -1% | reduced |
| 37 | Anheuser-Busch InBev SA Restri | 0.0% | $4.7m | 49,357 | 0% | held | |
| 38 | Nestle SA-REG | 0.0% | $4.6m | 42,250 | 0% | held | |
| 39 | MKC McCormick Inc | Consumer Defensive | 0.0% | $4.5m | 28,750 | -1% | reduced |
| 40 | DOV Dover Corp | Industrials | 0.0% | $4.2m | 42,265 | -3% | reduced |
| 41 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $3.5m | 25,745 | -2% | reduced |
| 42 | PNC PNC Bank Corp | Financial Services | 0.0% | $2.4m | 17,463 | -0% | held |
| 43 | Unilever NV | 0.0% | $2.3m | 39,000 | 0% | held | |
| 44 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $2.3m | 1,844 | 0% | held |
| 45 | Lindt & Spruengli AG - Reg | 0.0% | $2.2m | 26 | 0% | held | |
| 46 | RDS/A Royal Dutch Shell PLC ADR A | 0.0% | $2.0m | 33,165 | -1% | reduced | |
| 47 | Fulton Finl Corp | 0.0% | $1.9m | 117,524 | 0% | held | |
| 48 | Eaton Vance Sr Income TR SF | 0.0% | $1.8m | 297,240 | -2% | reduced | |
| 49 | Reckitt Benckiser Group PLC | 0.0% | $1.6m | 20,417 | -10% | reduced | |
| 50 | Loreal SA | 0.0% | $1.6m | 5,591 | 11% | 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.