Gardner Russo & Quinn 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 82 US equity positions worth $9.2bn in its Q3 2023 13F filing. The largest position was BRK/A at 14.4% of the reported book, followed by GOOG and MA. Against the Q2 2023 filing, it opened 0 new positions, added to 6 and reduced 25 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A Berkshire Hathaway Inc Cl A | 14.4% | $1.3bn | 2,482 | -2% | reduced | |
| 2 | GOOG Alphabet Inc Cl C | Communication Services | 11.6% | $1.1bn | 8,093,922 | -2% | reduced |
| 3 | MA Mastercard Inc Cl A | Financial Services | 10.3% | $943.4m | 2,382,969 | -1% | reduced |
| 4 | Nestle SA Sponsored ADR | 9.7% | $889.5m | 7,859,532 | -2% | reduced | |
| 5 | Compagnie Financiere Richemont | 6.7% | $618.0m | 5,048,100 | -2% | reduced | |
| 6 | Heineken Holding NV | 6.5% | $597.9m | 7,909,106 | -1% | reduced | |
| 7 | PM Philip Morris International In | Consumer Defensive | 6.3% | $577.7m | 6,240,303 | -1% | reduced |
| 8 | BRK/B Berkshire Hathaway Inc Cl B | 6.2% | $566.8m | 1,618,150 | -0% | held | |
| 9 | Pernod Ricard | 5.1% | $471.9m | 2,823,890 | -1% | reduced | |
| 10 | NFLX Netflix Inc | Communication Services | 4.8% | $438.6m | 1,161,475 | -1% | reduced |
| 11 | MLM Martin Marietta Materials | Basic Materials | 4.3% | $393.6m | 958,763 | -2% | reduced |
| 12 | Ashtead Group PLC | 3.6% | $326.1m | 5,341,822 | -0% | held | |
| 13 | JPM J.P. Morgan Chase | Financial Services | 3.3% | $304.3m | 2,098,425 | -1% | reduced |
| 14 | CMCSA Comcast Corp New Cl A | Communication Services | 1.7% | $156.4m | 3,528,069 | -2% | reduced |
| 15 | BF/A Brown-Forman Corp Cl A | 1.5% | $136.9m | 2,355,804 | -2% | reduced | |
| 16 | V Visa Inc Cl A | Financial Services | 0.8% | $76.2m | 331,341 | -1% | reduced |
| 17 | BF/B Brown-Forman Corp Cl B | 0.6% | $55.4m | 960,448 | -1% | reduced | |
| 18 | Anheuser-Busch InBev SA | 0.3% | $30.1m | 541,283 | -2% | reduced | |
| 19 | WFC Wells Fargo | Financial Services | 0.3% | $29.7m | 726,373 | -1% | reduced |
| 20 | EXMOC Exxon Mobil Corp | 0.2% | $21.0m | 178,180 | -0% | held | |
| 21 | CABO Cable One Inc | Communication Services | 0.2% | $15.2m | 24,670 | -71% | reduced |
| 22 | MKL Markel Corp | Financial Services | 0.2% | $14.7m | 9,989 | 1% | added |
| 23 | MO Altria Group Inc | Consumer Defensive | 0.2% | $13.9m | 330,299 | 1% | added |
| 24 | VMC Vulcan Materials | Basic Materials | 0.1% | $10.7m | 53,103 | -1% | reduced |
| 25 | Davide Campari-Milano NV | 0.1% | $9.5m | 805,403 | -0% | held | |
| 26 | CR Crane Company | Industrials | 0.1% | $6.2m | 70,181 | -0% | held |
| 27 | PG Procter & Gamble | Consumer Defensive | 0.1% | $5.4m | 36,684 | -0% | held |
| 28 | Unilever PLC ADR | 0.1% | $4.9m | 99,284 | -96% | reduced | |
| 29 | Nestle SA-REG | 0.0% | $4.5m | 39,870 | 0% | held | |
| 30 | UNP Union Pac Corp | Industrials | 0.0% | $4.4m | 21,763 | 0% | held |
| 31 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $4.4m | 116,130 | -3% | reduced |
| 32 | AXP American Express | Financial Services | 0.0% | $4.2m | 28,176 | -17% | reduced |
| 33 | DOV Dover Corp | Industrials | 0.0% | $4.0m | 28,467 | -0% | held |
| 34 | Carlsberg B A/S | 0.0% | $3.7m | 29,176 | -0% | held | |
| 35 | Loreal SA | 0.0% | $3.5m | 8,436 | 0% | held | |
| 36 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.4m | 44,950 | -0% | held |
| 37 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $2.9m | 22,330 | 4% | added |
| 38 | COST Costco Whsl Corp | Consumer Defensive | 0.0% | $2.9m | 5,143 | -2% | reduced |
| 39 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $2.4m | 14,048 | -0% | held |
| 40 | Heineken NV | 0.0% | $2.2m | 25,441 | 0% | held | |
| 41 | Lindt & Spruengli AG - Reg | 0.0% | $2.1m | 19 | 0% | held | |
| 42 | Swiss Helvetia FD Inc | 0.0% | $2.0m | 266,253 | 2% | added | |
| 43 | ABBV AbbVie Inc | Healthcare | 0.0% | $1.9m | 12,583 | -0% | held |
| 44 | Fulton Finl Corp | 0.0% | $1.5m | 119,905 | 20% | added | |
| 45 | AAPL Apple Inc | Technology | 0.0% | $1.4m | 8,155 | 8% | added |
| 46 | PNC PNC Bank Corp | Financial Services | 0.0% | $1.4m | 11,268 | 0% | held |
| 47 | DD Dupont De Nemours Inc | Basic Materials | 0.0% | $1.4m | 18,107 | 0% | held |
| 48 | FMX Fomento Economico Mex Sponsore | 0.0% | $1.3m | 11,820 | -11% | reduced | |
| 49 | ABT Abbott Labs | Healthcare | 0.0% | $1.1m | 11,610 | 0% | held |
| 50 | KO Coca-Cola | Consumer Defensive | 0.0% | $1.1m | 20,008 | -1% | 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.