Funds › Gardner Russo & Quinn (Tom Russo) › Q2 2022Gardner Russo & Quinn (Tom Russo) 13F holdings, Q2 2022 Gardner Russo & Quinn (Tom Russo) disclosed 85 US equity positions worth $8.9bn in its Q2 2022 13F filing. Its largest position is BRK/A at 12.6% of the reported book, followed by Nestle SA Sponsored ADR and MA. Versus Q1 2022 it opened 4 new positions, added to 13, reduced 38 and exited 3.
$8.9bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
85 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.6% Largest position The largest single position as a share of the reported equity book.
79.2% 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 Q1 2022: 4 new , 13 added , 38 reduced , 3 exited
50 of 85 Show all 85
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 12.6% $1.1bn 2,752 −1.7% reduced Nestle SA Sponsored ADR no ticker – 11.5% $1.0bn 8.81m −1.1% reduced MA MASTERCARD INC Financial Services 9.6% $854m 2.71m −3.3% reduced GOOG ALPHABET INC Communication Services 9.1% $814m 372,180 +6.2% added PM PHILIP MORRIS INTL INC Consumer Defensive 7.7% $685m 6.94m −0.9% reduced Compagnie Financiere Richemont no ticker – 7.0% $623m 5.87m −0.9% reduced Heineken Holding NV no ticker – 6.7% $597m 8.22m −0.1% held Pernod Ricard no ticker – 6.2% $554m 3.02m +0.7% added BRK/B BERKSHIRE HATHAWAY INC DEL – 5.3% $477m 1.75m −2.0% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 3.6% $323m 1.08m −1.2% reduced UNILEVER PLC no ticker – 3.6% $319m 6.96m −11% reduced JPM JPMORGAN CHASE & CO Financial Services 2.5% $220m 1.95m −8.4% reduced CMCSA COMCAST CORP NEW Communication Services 2.1% $185m 4.72m −3.2% reduced BF/A BROWN FORMAN CORP – 2.0% $181m 2.67m −1.0% reduced BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 2.0% $180m 1.58m +0.6% added Ashtead Group PLC no ticker – 2.0% $176m 4.22m +42% added CABO CABLE ONE INC Communication Services 1.4% $121m 93,938 +1.5% added NFLX NETFLIX INC. Communication Services 1.0% $91.1m 520,842 – new BF/B BROWN FORMAN CORP – 0.8% $73.4m 1.05m −2.3% reduced V VISA INC Financial Services 0.8% $72.6m 368,640 −2.8% reduced Anheuser-Busch InBev SA no ticker – 0.4% $38.8m 722,473 −10% reduced WFC WELLS FARGO & CO Financial Services 0.4% $32.5m 830,783 −5.2% reduced EXMOC EXXON MOBIL CORP – 0.2% $15.3m 178,264 −0.9% reduced MO ALTRIA GROUP INC Consumer Defensive 0.2% $13.9m 332,846 +0.4% held Swedish Match AB no ticker – 0.1% $11.1m 1.09m −16% reduced VMC VULCAN MATLS CO Basic Materials 0.10% $8.8m 61,887 −7.9% reduced Davide Campari-Milano NV no ticker – 0.10% $8.6m 822,508 −6.7% reduced MKL MARKEL GROUP INC Financial Services 0.10% $8.6m 6,611 +1.4% added Compagnie Financiere Richemont no ticker – 0.08% $7.4m 13.66m −0.4% held CXT CRANE NXT CO Industrials 0.07% $6.5m 74,356 – new HRL HORMEL FOODS CORP Consumer Defensive 0.07% $6.4m 134,616 −2.3% reduced AXP AMERICAN EXPRESS CO Financial Services 0.06% $5.5m 39,836 −0.9% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.06% $5.4m 37,531 −2.2% reduced Nestle SA-REG no ticker – 0.06% $4.9m 42,370 0.0% held OUT OUTFRONT MEDIA INC Real Estate 0.05% $4.5m 266,433 +3.5% added Carlsberg B A/S no ticker – 0.05% $4.2m 32,756 −13% reduced UNP UNION PACIFIC CORP Industrials 0.04% $3.9m 18,340 +0.1% held MKC MCCORMICK & CO INC Consumer Defensive 0.04% $3.8m 46,050 −2.5% reduced DOV DOVER CORP Industrials 0.04% $3.6m 30,042 −0.6% reduced Heineken NV no ticker – 0.04% $3.6m 39,066 0.0% held PEP PEPSICO INC Consumer Defensive 0.04% $3.5m 21,185 −2.2% reduced Loreal SA no ticker – 0.03% $2.7m 7,815 +16% added COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.03% $2.7m 5,589 −2.6% reduced GOOGL ALPHABET INC Communication Services 0.02% $2.1m 982 0.0% held Unilever PLC no ticker – 0.02% $2.0m 44,000 0.0% held Lindt & Spruengli AG - Reg no ticker – 0.02% $2.0m 19 0.0% held ABBV ABBVIE INC Healthcare 0.02% $1.9m 12,610 −2.3% reduced Swiss Helvetia FD Inc no ticker – 0.02% $1.9m 244,154 +2.1% added PNC PNC FINL SVCS GROUP INC Financial Services 0.02% $1.8m 11,693 0.0% held Compagnie Financiere Richemont no ticker – 0.02% $1.8m 168,699 0.0% held
Exited since Q1 2022 3 rows
Stock Prior weight Prior value CR CRANE CO 0.08% $8.1m KHC KRAFT HEINZ CO 0.0% $236k Cir SPA no ticker 0.0% $114k
Sector mix Unclassified 58.9% Communication Services 13.6% Financial Services 13.4% Consumer Defensive 8.1% Basic Materials 3.7% Consumer Cyclical 2.0% Industrials 0.2% Real Estate 0.06% Healthcare 0.04% Technology 0.02% Energy 0.01% 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