Funds › Gardner Russo & Quinn (Tom Russo) › Q3 2022Gardner Russo & Quinn (Tom Russo) 13F holdings, Q3 2022 Gardner Russo & Quinn (Tom Russo) disclosed 83 US equity positions worth $8.3bn in its Q3 2022 13F filing. Its largest position is BRK/A at 13.3% of the reported book, followed by Nestle SA Sponsored ADR and MA. Versus Q2 2022 it opened 1 new position, added to 12, reduced 39 and exited 3.
$8.3bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
83 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.3% Largest position The largest single position as a share of the reported equity book.
79.8% 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 Q2 2022: 1 new , 12 added , 39 reduced , 3 exited
50 of 83 Show all 83
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 13.3% $1.1bn 2,710 −1.5% reduced Nestle SA Sponsored ADR no ticker – 11.4% $939m 8.72m −1.0% reduced MA MASTERCARD INC Financial Services 9.2% $757m 2.66m −1.7% reduced GOOG ALPHABET INC Communication Services 9.0% $740m 7.70m +1969% added PM PHILIP MORRIS INTL INC Consumer Defensive 6.9% $569m 6.85m −1.3% reduced Heineken Holding NV no ticker – 6.9% $567m 8.21m −0.2% held Compagnie Financiere Richemont no ticker – 6.8% $560m 5.84m −0.4% held Pernod Ricard no ticker – 6.7% $556m 3.01m −0.6% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 5.6% $459m 1.72m −1.8% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 4.2% $344m 1.07m −1.1% reduced UNILEVER PLC no ticker – 3.4% $281m 6.41m −8.0% reduced Ashtead Group PLC no ticker – 2.9% $241m 5.28m +25% added NFLX NETFLIX INC. Communication Services 2.7% $222m 940,802 +81% added JPM JPMORGAN CHASE & CO Financial Services 2.4% $202m 1.93m −1.3% reduced BF/A BROWN FORMAN CORP – 2.1% $177m 2.62m −1.9% reduced CMCSA COMCAST CORP NEW Communication Services 1.4% $117m 3.99m −16% reduced CABO CABLE ONE INC Communication Services 1.0% $81.6m 95,713 +1.9% added BF/B BROWN FORMAN CORP – 0.8% $68.8m 1.03m −1.3% reduced V VISA INC Financial Services 0.8% $64.5m 363,212 −1.5% reduced WFC WELLS FARGO & CO Financial Services 0.4% $31.6m 784,511 −5.6% reduced Anheuser-Busch InBev SA no ticker – 0.4% $29.4m 642,884 −11% reduced EXMOC EXXON MOBIL CORP – 0.2% $15.6m 179,099 +0.5% held MO ALTRIA GROUP INC Consumer Defensive 0.2% $13.6m 335,936 +0.9% added Swedish Match AB no ticker – 0.1% $10.2m 1.03m −5.7% reduced VMC VULCAN MATLS CO Basic Materials 0.1% $8.7m 55,407 −10% reduced MKL MARKEL GROUP INC Financial Services 0.1% $8.7m 8,037 +22% added Davide Campari-Milano NV no ticker – 0.09% $7.3m 813,493 −1.1% reduced CXT CRANE NXT CO Industrials 0.08% $6.4m 73,281 −1.4% reduced Compagnie Financiere Richemont no ticker – 0.07% $6.1m 13.56m −0.7% reduced HRL HORMEL FOODS CORP Consumer Defensive 0.07% $6.0m 132,281 −1.7% reduced AXP AMERICAN EXPRESS CO Financial Services 0.07% $5.4m 39,836 0.0% held Nestle SA-REG no ticker – 0.06% $4.6m 42,370 0.0% held PG PROCTER & GAMBLE CO Consumer Defensive 0.05% $4.4m 35,091 −6.5% reduced OUT OUTFRONT MEDIA INC Real Estate 0.04% $3.7m 240,833 −9.6% reduced UNP UNION PACIFIC CORP Industrials 0.04% $3.6m 18,451 +0.6% added DOV DOVER CORP Industrials 0.04% $3.5m 29,762 −0.9% reduced Heineken NV no ticker – 0.04% $3.4m 39,066 0.0% held PEP PEPSICO INC Consumer Defensive 0.04% $3.4m 20,865 −1.5% reduced Carlsberg B A/S no ticker – 0.04% $3.4m 28,771 −12% reduced MKC MCCORMICK & CO INC Consumer Defensive 0.04% $3.2m 45,150 −2.0% reduced COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.03% $2.5m 5,389 −3.6% reduced Loreal SA no ticker – 0.03% $2.5m 7,815 0.0% held Unilever PLC no ticker – 0.02% $1.9m 44,000 0.0% held Lindt & Spruengli AG - Reg no ticker – 0.02% $1.9m 19 0.0% held GOOGL ALPHABET INC Communication Services 0.02% $1.9m 19,640 +1900% added PNC PNC FINL SVCS GROUP INC Financial Services 0.02% $1.7m 11,693 0.0% held Swiss Helvetia FD Inc no ticker – 0.02% $1.7m 250,137 +2.5% added ABBV ABBVIE INC Healthcare 0.02% $1.7m 12,610 0.0% held Pernod-Ricard SA Unsponsored A no ticker – 0.02% $1.5m 39,905 −18% reduced Compagnie Financiere Richemont no ticker – 0.02% $1.3m 138,220 −18% reduced
Exited since Q2 2022 3 rows
Stock Prior weight Prior value BABA ALIBABA GROUP HLDG LTD 2.0% $180m LVMH Moet Hennessy Louis Vuitt no ticker 0.01% $836k YUSD ALLEGHANY CORP DEL 0.0% $270k
Sector mix Unclassified 61.0% Communication Services 14.1% Financial Services 13.0% Consumer Defensive 7.3% Basic Materials 4.3% Industrials 0.2% Real Estate 0.05% Healthcare 0.04% Technology 0.02% Consumer Cyclical 0.01% 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