Funds › Gardner Russo & Quinn (Tom Russo) › Q3 2021Gardner Russo & Quinn (Tom Russo) 13F holdings, Q3 2021 Gardner Russo & Quinn (Tom Russo) disclosed 87 US equity positions worth $10.8bn in its Q3 2021 13F filing. Its largest position is BRK/A at 11.5% of the reported book, followed by Nestle SA-Spons ADR and MA. Versus Q2 2021 it opened 1 new position, added to 18, reduced 36 and exited 2.
$10.8bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
87 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.5% Largest position The largest single position as a share of the reported equity book.
76.3% 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 Q2 2021: 1 new , 18 added , 36 reduced , 2 exited
50 of 87 Show all 87
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 11.5% $1.3bn 3,044 −3.2% reduced Nestle SA-Spons ADR no ticker – 10.5% $1.1bn 9.51m −2.8% reduced MA MASTERCARD INC Financial Services 10.1% $1.1bn 3.16m −7.4% reduced GOOG ALPHABET INC Communication Services 9.4% $1.0bn 383,666 −3.8% reduced Pernod Ricard no ticker – 6.7% $729m 3.30m −2.8% reduced PM PHILIP MORRIS INTL INC Consumer Defensive 6.6% $712m 7.51m −4.9% reduced Compagnie Financiere Richemont no ticker – 6.0% $652m 6.24m −2.9% reduced Heineken Holding NV no ticker – 5.9% $638m 7.32m −1.0% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 4.8% $519m 1.90m −1.6% reduced UNILEVER PLC no ticker – 4.7% $510m 9.41m −3.3% reduced JPM JPMORGAN CHASE & CO Financial Services 3.8% $412m 2.52m −9.8% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 3.8% $407m 1.19m −3.5% reduced Anheuser-Busch InBev SA no ticker – 2.7% $291m 5.11m −3.1% reduced CMCSA COMCAST CORP NEW Communication Services 2.7% $290m 5.19m −3.2% reduced BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 2.2% $236m 1.60m +9.0% added Ashtead Group PLC no ticker – 1.7% $189m 2.49m −2.3% reduced BF/A BROWN FORMAN CORP – 1.7% $180m 2.87m −1.1% reduced CABO CABLE ONE INC Communication Services 1.5% $159m 87,731 −2.4% reduced V VISA INC Financial Services 0.8% $89.7m 402,770 −0.9% reduced BF/B BROWN FORMAN CORP – 0.7% $75.9m 1.13m −5.9% reduced WFC WELLS FARGO & CO Financial Services 0.5% $49.8m 1.07m −6.2% reduced MO ALTRIA GROUP INC Consumer Defensive 0.1% $15.0m 329,612 +0.3% held Davide Campari-Milano NV no ticker – 0.1% $12.4m 879,436 −0.3% held Swedish Match AB no ticker – 0.1% $11.8m 1.35m −0.4% held VMC VULCAN MATLS CO Basic Materials 0.1% $11.6m 68,652 −0.2% held EXMOC EXXON MOBIL CORP – 0.10% $10.5m 177,987 +0.7% added MKL MARKEL GROUP INC Financial Services 0.07% $7.9m 6,602 −1.5% reduced OUT OUTFRONT MEDIA INC Real Estate 0.07% $7.5m 297,287 −2.7% reduced CR CRANE CO Industrials 0.07% $7.4m 77,756 −6.1% reduced AXP AMERICAN EXPRESS CO Financial Services 0.07% $7.1m 42,651 −2.6% reduced Compagnie Financiere Richemont no ticker – 0.06% $6.6m 14.07m −2.3% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.06% $6.0m 42,823 +0.7% added Carlsberg B A/S no ticker – 0.05% $5.8m 35,379 +59% added HRL HORMEL FOODS CORP Consumer Defensive 0.05% $5.8m 140,781 −1.5% reduced Nestle SA-REG no ticker – 0.05% $5.1m 42,370 0.0% held DOV DOVER CORP Industrials 0.04% $4.8m 31,167 −8.7% reduced Heineken NV no ticker – 0.04% $4.2m 40,166 0.0% held MKC MCCORMICK & CO INC Consumer Defensive 0.04% $3.9m 48,425 −0.2% held UNP UNION PACIFIC CORP Industrials 0.03% $3.6m 18,173 +6.3% added PEP PEPSICO INC Consumer Defensive 0.03% $3.4m 22,747 −0.5% held Anheuser-Busch InBev SA Restri no ticker – 0.03% $2.9m 51,578 0.0% held PNC PNC FINL SVCS GROUP INC Financial Services 0.03% $2.9m 14,836 −0.5% reduced Loreal SA no ticker – 0.03% $2.8m 6,745 −3.9% reduced GOOGL ALPHABET INC Communication Services 0.02% $2.7m 994 −6.3% reduced Unilever PLC no ticker – 0.02% $2.5m 46,250 0.0% held COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.02% $2.4m 5,264 +1.9% added MLKN MILLERKNOLL INC Consumer Cyclical 0.02% $2.3m 61,321 −1.0% reduced Lindt & Spruengli AG - Reg no ticker – 0.02% $2.2m 19 −5.0% reduced Swiss Helvetia FD Inc no ticker – 0.02% $2.1m 230,908 +1.5% added Pernod-Ricard SA-Unspon ADR no ticker – 0.02% $2.1m 47,904 – new
Exited since Q2 2021 2 rows
Stock Prior weight Prior value Eaton Vance Sr Income TR SF no ticker 0.02% $2.6m Pernod-Ricard SA-Unspon ADR no ticker 0.01% $1.7m
Sector mix Unclassified 57.7% Financial Services 15.4% Communication Services 13.6% Consumer Defensive 6.9% Basic Materials 3.9% Consumer Cyclical 2.2% Industrials 0.2% Real Estate 0.08% 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