Funds › Gardner Russo & Quinn (Tom Russo) › Q1 2021Gardner Russo & Quinn (Tom Russo) 13F holdings, Q1 2021 Gardner Russo & Quinn (Tom Russo) disclosed 90 US equity positions worth $11.0bn in its Q1 2021 13F filing. Its largest position is MA at 11.6% of the reported book, followed by BRK/A and Nestle SA-Spons ADR. Versus Q4 2020 it opened 2 new positions, added to 8, reduced 57 and exited 4.
$11.0bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
90 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.6% Largest position The largest single position as a share of the reported equity book.
75.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
14 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
85 Quarters on file since Q1 1999 Quarters for which this manager's 13F holdings are on record. Holdings Against Q4 2020: 2 new , 8 added , 57 reduced , 4 exited
50 of 90 Show all 90
Stock Sector Weight Value Shares Δ shares Action MA MASTERCARD INC Financial Services 11.6% $1.3bn 3.57m −17% reduced BRK/A BERKSHIRE HATHAWAY INC DEL – 11.5% $1.3bn 3,255 −4.8% reduced Nestle SA-Spons ADR no ticker – 10.2% $1.1bn 10.02m −3.8% reduced GOOG ALPHABET INC Communication Services 7.9% $866m 418,759 −3.1% reduced PM PHILIP MORRIS INTL INC Consumer Defensive 6.6% $719m 8.11m −3.6% reduced Heineken Holding NV no ticker – 6.2% $679m 7.62m −3.7% reduced Pernod Ricard no ticker – 6.0% $658m 3.50m −10% reduced Compagnie Financiere Richemont no ticker – 5.8% $641m 6.65m −5.1% reduced UNILEVER PLC no ticker – 5.1% $560m 10.04m −10% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 4.6% $507m 1.98m −2.8% reduced JPM JPMORGAN CHASE & CO Financial Services 4.3% $469m 3.08m −14% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 3.9% $427m 1.27m −9.0% reduced Anheuser-Busch InBev SA no ticker – 3.2% $349m 5.52m −6.4% reduced CMCSA COMCAST CORP NEW Communication Services 2.7% $299m 5.53m −3.2% reduced BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 2.3% $254m 1.12m – new BF/A BROWN FORMAN CORP – 1.7% $190m 2.98m −2.9% reduced Ashtead Group PLC no ticker – 1.4% $151m 2.53m +365% added CABO CABLE ONE INC Communication Services 1.3% $142m 77,671 +120% added V VISA INC Financial Services 0.8% $87.9m 415,066 −7.8% reduced BF/B BROWN FORMAN CORP – 0.8% $82.5m 1.20m −5.1% reduced WFC WELLS FARGO & CO Financial Services 0.4% $46.1m 1.18m −20% reduced MO ALTRIA GROUP INC Consumer Defensive 0.2% $17.3m 337,615 −6.1% reduced VMC VULCAN MATLS CO Basic Materials 0.1% $11.4m 67,500 −1.3% reduced Swedish Match AB no ticker – 0.10% $10.8m 138,188 −9.6% reduced Davide Campari-Milano NV no ticker – 0.09% $10.0m 893,236 −3.7% reduced EXMOC EXXON MOBIL CORP – 0.09% $9.8m 176,007 +0.3% held CR CRANE CO Industrials 0.07% $7.8m 83,553 −7.7% reduced MKL MARKEL GROUP INC Financial Services 0.07% $7.6m 6,712 −0.9% reduced HRL HORMEL FOODS CORP Consumer Defensive 0.06% $6.8m 143,021 −0.7% reduced OUT OUTFRONT MEDIA INC Real Estate 0.06% $6.7m 308,085 −3.8% reduced AXP AMERICAN EXPRESS CO Financial Services 0.06% $6.3m 44,566 −32% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.05% $5.8m 42,583 +14% added Compagnie Financiere Richemont no ticker – 0.05% $5.6m 14.67m +3.8% added DOV DOVER CORP Industrials 0.04% $4.8m 34,682 −5.6% reduced Nestle SA-REG no ticker – 0.04% $4.7m 42,370 0.0% held MKC MCCORMICK & CO INC Consumer Defensive 0.04% $4.5m 50,000 −2.9% reduced Heineken NV no ticker – 0.04% $4.1m 40,166 −1.0% reduced UNP UNION PACIFIC CORP Industrials 0.03% $3.8m 17,016 +0.4% held Carlsberg B A/S no ticker – 0.03% $3.4m 21,811 −0.9% reduced PEP PEPSICO INC Consumer Defensive 0.03% $3.3m 23,049 −2.2% reduced Anheuser-Busch InBev SA Restri no ticker – 0.03% $3.3m 51,578 0.0% held MLKN MILLERKNOLL INC Consumer Cyclical 0.03% $2.8m 69,021 −50% reduced Loreal SA no ticker – 0.03% $2.8m 7,365 −15% reduced PNC PNC FINL SVCS GROUP INC Financial Services 0.02% $2.6m 14,913 −0.2% held Unilever PLC no ticker – 0.02% $2.6m 46,250 0.0% held Eaton Vance Sr Income TR SF no ticker – 0.02% $2.4m 360,956 +10% added GOOGL ALPHABET INC Communication Services 0.02% $2.2m 1,077 −13% reduced Danone ADR no ticker – 0.02% $2.1m 154,945 −7.5% reduced Swiss Helvetia FD Inc no ticker – 0.02% $2.0m 224,346 +1.5% added COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.02% $1.9m 5,294 −1.9% reduced
Exited since Q4 2020 4 rows
Stock Prior weight Prior value DEO DIAGEO PLC 0.09% $10.4m MTB M & T BK CORP 0.01% $579k RDS/A ROYAL DUTCH SHELL PLC 0.0% $240k NKE NIKE INC 0.0% $229k
Sector mix Unclassified 57.2% Financial Services 17.3% Communication Services 12.0% Consumer Defensive 7.0% Basic Materials 4.0% Consumer Cyclical 2.3% Industrials 0.2% Real Estate 0.07% Healthcare 0.03% Technology 0.02% Energy 0.0% Book over time Every quarter on file (85) Where Gardner Russo & Quinn (Tom Russo) was early Concentration and tenure
13.3% Median largest position, all quarters The largest single position as a share of the reported equity book.
77.1% Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
Concentrated Style, by median largest position
2 Median completed holding, quarters