Gardner Russo & Quinn 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 84 US equity positions worth $9.6bn in its Q1 2023 13F filing. The largest position was BRK/A at 12.5% of the reported book, followed by Nestle SA Sponsored ADR and MA. Against the Q4 2022 filing, it opened 0 new positions, added to 10 and reduced 28 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q1 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A Berkshire Hathaway Inc Cl A | 12.5% | $1.2bn | 2,579 | -1% | reduced | |
| 2 | Nestle SA Sponsored ADR | 10.3% | $996.9m | 8,191,861 | -1% | reduced | |
| 3 | MA Mastercard Inc Cl A | Financial Services | 9.3% | $899.4m | 2,474,848 | -1% | reduced |
| 4 | Compagnie Financiere Richemont | 9.2% | $882.2m | 5,523,910 | -2% | reduced | |
| 5 | GOOG Alphabet Inc Cl C | Communication Services | 9.1% | $876.4m | 8,427,202 | 6% | added |
| 6 | Heineken Holding NV | 7.8% | $752.8m | 8,195,112 | -1% | reduced | |
| 7 | Pernod Ricard | 6.9% | $663.3m | 2,925,535 | -0% | held | |
| 8 | PM Philip Morris International In | Consumer Defensive | 6.5% | $625.3m | 6,430,332 | -0% | held |
| 9 | BRK/B Berkshire Hathaway Inc Cl B | 5.3% | $506.9m | 1,641,630 | -1% | reduced | |
| 10 | NFLX Netflix Inc | Communication Services | 3.8% | $368.1m | 1,065,603 | -0% | held |
| 11 | MLM Martin Marietta Materials | Basic Materials | 3.7% | $355.5m | 1,001,338 | -1% | reduced |
| 12 | Ashtead Group PLC | 3.3% | $316.9m | 5,169,533 | -0% | held | |
| 13 | JPM J.P. Morgan Chase | Financial Services | 2.5% | $237.0m | 1,818,859 | -1% | reduced |
| 14 | Unilever PLC ADR | 2.3% | $220.7m | 4,250,863 | -22% | reduced | |
| 15 | BF/A Brown-Forman Corp Cl A | 1.7% | $159.7m | 2,449,158 | -1% | reduced | |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 1.5% | $142.7m | 3,764,199 | -1% | reduced |
| 17 | V Visa Inc Cl A | Financial Services | 0.8% | $76.9m | 341,089 | -2% | reduced |
| 18 | BF/B Brown-Forman Corp Cl B | 0.7% | $63.7m | 991,720 | -1% | reduced | |
| 19 | CABO Cable One Inc | Communication Services | 0.7% | $63.3m | 90,219 | 1% | added |
| 20 | Anheuser-Busch InBev SA | 0.4% | $39.1m | 586,839 | -4% | reduced | |
| 21 | WFC Wells Fargo | Financial Services | 0.3% | $28.1m | 751,014 | -2% | reduced |
| 22 | EXMOC Exxon Mobil Corp | 0.2% | $19.4m | 177,068 | 0% | held | |
| 23 | MO Altria Group Inc | Consumer Defensive | 0.2% | $14.5m | 324,590 | -0% | held |
| 24 | MKL Markel Corp | Financial Services | 0.1% | $12.5m | 9,750 | 12% | added |
| 25 | Davide Campari-Milano NV | 0.1% | $10.0m | 815,358 | 0% | held | |
| 26 | VMC Vulcan Materials | Basic Materials | 0.1% | $9.4m | 54,762 | -1% | reduced |
| 27 | CXT Crane Holdings | Industrials | 0.1% | $8.0m | 70,331 | -2% | reduced |
| 28 | AXP American Express | Financial Services | 0.1% | $6.3m | 38,446 | -1% | reduced |
| 29 | PG Procter & Gamble | Consumer Defensive | 0.1% | $5.5m | 36,875 | 2% | added |
| 30 | HRL Hormel Foods Corp | Consumer Defensive | 0.1% | $5.0m | 125,708 | -3% | reduced |
| 31 | Nestle SA-REG | 0.1% | $4.9m | 39,870 | 0% | held | |
| 32 | Carlsberg B A/S | 0.0% | $4.6m | 29,361 | 3% | added | |
| 33 | DOV Dover Corp | Industrials | 0.0% | $4.5m | 29,317 | -1% | reduced |
| 34 | UNP Union Pac Corp | Industrials | 0.0% | $4.3m | 21,562 | 16% | added |
| 35 | Loreal SA | 0.0% | $3.8m | 8,436 | 8% | added | |
| 36 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.7m | 44,400 | -1% | reduced |
| 37 | OUT Outfront Media Inc | Real Estate | 0.0% | $3.0m | 185,674 | -16% | reduced |
| 38 | Heineken NV | 0.0% | $2.7m | 25,441 | -37% | reduced | |
| 39 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $2.6m | 14,439 | -27% | reduced |
| 40 | COST Costco Whsl Corp | Consumer Defensive | 0.0% | $2.6m | 5,132 | -5% | reduced |
| 41 | Unilever PLC | 0.0% | $2.3m | 44,000 | 0% | held | |
| 42 | Lindt & Spruengli AG - Reg | 0.0% | $2.2m | 19 | 0% | held | |
| 43 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $2.1m | 19,856 | 1% | added |
| 44 | Swiss Helvetia FD Inc | 0.0% | $2.0m | 258,159 | 2% | added | |
| 45 | ABBV AbbVie Inc | Healthcare | 0.0% | $2.0m | 12,610 | 0% | held |
| 46 | PNC PNC Bank Corp | Financial Services | 0.0% | $1.4m | 11,268 | 0% | held |
| 47 | Compagnie Financiere Richemont | 0.0% | $1.4m | 87,165 | -21% | reduced | |
| 48 | DD Dupont De Nemours Inc | Basic Materials | 0.0% | $1.3m | 17,929 | 1% | added |
| 49 | FMX Fomento Economico Mex Sponsore | 0.0% | $1.3m | 13,495 | -3% | reduced | |
| 50 | KO Coca-Cola | Consumer Defensive | 0.0% | $1.2m | 19,769 | -6% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.