Funds › Gardner Russo & Quinn (Tom Russo) › Q4 2021Gardner Russo & Quinn (Tom Russo) 13F holdings, Q4 2021 Gardner Russo & Quinn (Tom Russo) disclosed 88 US equity positions worth $11.2bn in its Q4 2021 13F filing. Its largest position is BRK/A at 12.0% of the reported book, followed by Nestle SA-Spons ADR and MA. Versus Q3 2021 it opened 3 new positions, added to 10, reduced 43 and exited 2.
$11.2bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
88 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.0% Largest position The largest single position as a share of the reported equity book.
79.6% Top 10 weight The ten largest positions together, as a share of the reported equity book.
13 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 Q3 2021: 3 new , 10 added , 43 reduced , 2 exited
50 of 88 Show all 88
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 12.0% $1.3bn 2,976 −2.2% reduced Nestle SA-Spons ADR no ticker – 11.6% $1.3bn 9.25m −2.7% reduced MA MASTERCARD INC Financial Services 9.8% $1.1bn 3.06m −3.1% reduced GOOG ALPHABET INC Communication Services 9.4% $1.1bn 362,996 −5.4% reduced Compagnie Financiere Richemont no ticker – 8.2% $916m 6.09m −2.4% reduced Pernod Ricard no ticker – 6.7% $753m 3.13m −5.0% reduced Heineken Holding NV no ticker – 6.4% $714m 7.74m +5.7% added PM PHILIP MORRIS INTL INC Consumer Defensive 6.1% $688m 7.24m −3.6% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 4.9% $546m 1.83m −3.9% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 4.6% $515m 1.17m −2.0% reduced UNILEVER PLC no ticker – 4.1% $457m 8.50m −9.7% reduced JPM JPMORGAN CHASE & CO Financial Services 3.3% $371m 2.34m −6.8% reduced CMCSA COMCAST CORP NEW Communication Services 2.3% $253m 5.03m −3.0% reduced Ashtead Group PLC no ticker – 1.8% $198m 2.45m −1.2% reduced BF/A BROWN FORMAN CORP – 1.7% $190m 2.80m −2.4% reduced BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 1.7% $186m 1.56m −2.0% reduced CABO CABLE ONE INC Communication Services 1.4% $160m 90,821 +3.5% added V VISA INC Financial Services 0.7% $82.8m 382,157 −5.1% reduced BF/B BROWN FORMAN CORP – 0.7% $79.6m 1.09m −3.6% reduced Anheuser-Busch InBev SA no ticker – 0.5% $50.7m 838,781 −84% reduced WFC WELLS FARGO & CO Financial Services 0.4% $50.3m 1.05m −2.4% reduced MO ALTRIA GROUP INC Consumer Defensive 0.1% $15.7m 331,175 +0.5% held Compagnie Financiere Richemont no ticker – 0.1% $15.1m 13.80m −1.9% reduced VMC VULCAN MATLS CO Basic Materials 0.1% $13.9m 66,952 −2.5% reduced Davide Campari-Milano NV no ticker – 0.1% $12.8m 878,836 −0.1% held EXMOC EXXON MOBIL CORP – 0.10% $11.0m 179,067 +0.6% added Swedish Match AB no ticker – 0.10% $10.7m 1.35m −0.4% held MKL MARKEL GROUP INC Financial Services 0.07% $8.1m 6,527 −1.1% reduced CR CRANE CO Industrials 0.07% $7.6m 75,056 −3.5% reduced OUT OUTFRONT MEDIA INC Real Estate 0.07% $7.6m 284,313 −4.4% reduced HRL HORMEL FOODS CORP Consumer Defensive 0.06% $6.8m 138,991 −1.3% reduced AXP AMERICAN EXPRESS CO Financial Services 0.06% $6.7m 41,077 −3.7% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.06% $6.2m 37,757 −12% reduced Carlsberg B A/S no ticker – 0.05% $5.9m 34,382 −2.8% reduced Nestle SA-REG no ticker – 0.05% $5.9m 42,370 0.0% held DOV DOVER CORP Industrials 0.05% $5.5m 30,467 −2.2% reduced MKC MCCORMICK & CO INC Consumer Defensive 0.04% $4.6m 47,825 −1.2% reduced UNP UNION PACIFIC CORP Industrials 0.04% $4.6m 18,252 +0.4% held Heineken NV no ticker – 0.04% $4.4m 39,066 −2.7% reduced PEP PEPSICO INC Consumer Defensive 0.03% $3.8m 21,756 −4.4% reduced Loreal SA no ticker – 0.03% $3.2m 6,745 0.0% held COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.03% $3.0m 5,264 0.0% held GOOGL ALPHABET INC Communication Services 0.03% $2.9m 994 0.0% held Compagnie Financiere Richemont no ticker – 0.02% $2.6m 171,678 +1.2% added Lindt & Spruengli AG - Reg no ticker – 0.02% $2.5m 19 0.0% held PNC PNC FINL SVCS GROUP INC Financial Services 0.02% $2.4m 12,193 −18% reduced Unilever PLC no ticker – 0.02% $2.4m 44,000 −4.9% reduced Pernod-Ricard SA-Unspon ADR no ticker – 0.02% $2.3m 48,838 +1.9% added Swiss Helvetia FD Inc no ticker – 0.02% $2.3m 234,799 +1.7% added MLKN MILLERKNOLL INC Consumer Cyclical 0.02% $2.3m 58,821 −4.1% reduced
Exited since Q3 2021 2 rows
Stock Prior weight Prior value Anheuser-Busch InBev SA Restri no ticker 0.03% $2.9m BUD ANHEUSER BUSCH INBEV SA NV 0.0% $224k
Sector mix Unclassified 59.2% Financial Services 14.5% Communication Services 13.1% Consumer Defensive 6.5% Basic Materials 4.7% Consumer Cyclical 1.7% Industrials 0.2% Real Estate 0.08% Healthcare 0.04% 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