Funds › Gardner Russo & Quinn (Tom Russo) › Q4 2022Gardner Russo & Quinn (Tom Russo) 13F holdings, Q4 2022 Gardner Russo & Quinn (Tom Russo) disclosed 83 US equity positions worth $9.1bn in its Q4 2022 13F filing. Its largest position is BRK/A at 13.5% of the reported book, followed by Nestle SA Sponsored ADR and MA. Versus Q3 2022 it opened 1 new position, added to 9, reduced 39 and exited 1.
$9.1bn 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.
13.5% Largest position The largest single position as a share of the reported equity book.
79.4% 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 2022: 1 new , 9 added , 39 reduced , 1 exited
50 of 83 Show all 83
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 13.5% $1.2bn 2,600 −4.1% reduced Nestle SA Sponsored ADR no ticker – 10.5% $954m 8.27m −5.2% reduced MA MASTERCARD INC Financial Services 9.6% $869m 2.50m −6.2% reduced Compagnie Financiere Richemont no ticker – 8.0% $729m 5.63m −3.7% reduced GOOG ALPHABET INC Communication Services 7.8% $704m 7.93m +3.0% added PM PHILIP MORRIS INTL INC Consumer Defensive 7.2% $654m 6.46m −5.8% reduced Heineken Holding NV no ticker – 7.0% $634m 8.24m +0.4% held Pernod Ricard no ticker – 6.4% $576m 2.94m −2.3% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 5.7% $512m 1.66m −3.4% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 3.8% $341m 1.01m −5.4% reduced NFLX NETFLIX INC. Communication Services 3.5% $316m 1.07m +14% added Ashtead Group PLC no ticker – 3.3% $295m 5.19m −1.8% reduced UNILEVER PLC no ticker – 3.0% $275m 5.46m −15% reduced JPM JPMORGAN CHASE & CO Financial Services 2.7% $247m 1.84m −4.4% reduced BF/A BROWN FORMAN CORP – 1.8% $163m 2.48m −5.6% reduced CMCSA COMCAST CORP NEW Communication Services 1.5% $133m 3.82m −4.3% reduced V VISA INC Financial Services 0.8% $72.0m 346,711 −4.5% reduced BF/B BROWN FORMAN CORP – 0.7% $65.6m 998,582 −3.3% reduced CABO CABLE ONE INC Communication Services 0.7% $63.8m 89,621 −6.4% reduced Anheuser-Busch InBev SA no ticker – 0.4% $36.7m 611,754 −4.8% reduced WFC WELLS FARGO & CO Financial Services 0.3% $31.6m 766,181 −2.3% reduced EXMOC EXXON MOBIL CORP – 0.2% $19.5m 176,458 −1.5% reduced MO ALTRIA GROUP INC Consumer Defensive 0.2% $14.9m 325,292 −3.2% reduced MKL MARKEL GROUP INC Financial Services 0.1% $11.5m 8,725 +8.6% added Compagnie Financiere Richemont no ticker – 0.1% $11.2m 13.41m −1.1% reduced VMC VULCAN MATLS CO Basic Materials 0.1% $9.7m 55,162 −0.4% held Davide Campari-Milano NV no ticker – 0.09% $8.2m 812,678 −0.1% held CXT CRANE NXT CO Industrials 0.08% $7.2m 71,706 −2.1% reduced HRL HORMEL FOODS CORP Consumer Defensive 0.07% $5.9m 130,233 −1.5% reduced AXP AMERICAN EXPRESS CO Financial Services 0.06% $5.7m 38,831 −2.5% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.06% $5.5m 35,977 +2.5% added Nestle SA-REG no ticker – 0.05% $4.6m 39,870 −5.9% reduced DOV DOVER CORP Industrials 0.04% $4.0m 29,662 −0.3% held UNP UNION PACIFIC CORP Industrials 0.04% $3.8m 18,556 +0.6% added Heineken NV no ticker – 0.04% $3.8m 40,441 +3.5% added Carlsberg B A/S no ticker – 0.04% $3.8m 28,526 −0.9% reduced MKC MCCORMICK & CO INC Consumer Defensive 0.04% $3.7m 45,000 −0.3% held OUT OUTFRONT MEDIA INC Real Estate 0.04% $3.7m 222,055 −7.8% reduced PEP PEPSICO INC Consumer Defensive 0.04% $3.6m 19,777 −5.2% reduced Loreal SA no ticker – 0.03% $2.8m 7,816 0.0% held COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.03% $2.5m 5,389 0.0% held Unilever PLC no ticker – 0.02% $2.2m 44,000 0.0% held ABBV ABBVIE INC Healthcare 0.02% $2.0m 12,610 0.0% held Lindt & Spruengli AG - Reg no ticker – 0.02% $2.0m 19 0.0% held Swiss Helvetia FD Inc no ticker – 0.02% $1.9m 254,146 +1.6% added PNC PNC FINL SVCS GROUP INC Financial Services 0.02% $1.8m 11,268 −3.6% reduced GOOGL ALPHABET INC Communication Services 0.02% $1.7m 19,640 0.0% held Compagnie Financiere Richemont no ticker – 0.02% $1.4m 110,946 −20% reduced KO COCA COLA CO Consumer Defensive 0.01% $1.3m 20,995 0.0% held ABT ABBOTT LABORATORIES Healthcare 0.01% $1.3m 11,775 0.0% held
Exited since Q3 2022 1 row
Stock Prior weight Prior value Swedish Match AB no ticker 0.1% $10.2m
Sector mix Unclassified 61.0% Financial Services 13.7% Communication Services 13.5% Consumer Defensive 7.6% Basic Materials 3.9% Industrials 0.2% Real Estate 0.05% Healthcare 0.04% Technology 0.02% Energy 0.01% Consumer Cyclical 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