Funds › Gardner Russo & Quinn (Tom Russo) › Q4 2024Gardner Russo & Quinn (Tom Russo) 13F holdings, Q4 2024 Gardner Russo & Quinn (Tom Russo) disclosed 68 US equity positions worth $8.8bn in its Q4 2024 13F filing. Its largest position is BRK/A at 14.4% of the reported book, followed by GOOG and MA. Versus Q3 2024 it opened 2 new positions, added to 3, reduced 48 and exited 11.
$8.8bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
68 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.4% Largest position The largest single position as a share of the reported equity book.
80.3% 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 2024: 2 new , 3 added , 48 reduced , 11 exited
50 of 68 Show all 68
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 14.4% $1.3bn 1,869 −8.6% reduced GOOG ALPHABET INC Communication Services 12.1% $1.1bn 5.64m −6.0% reduced MA MASTERCARD INC Financial Services 11.2% $992m 1.88m −6.3% reduced Compagnie Financiere Richemont no ticker – 7.3% $642m 4.22m −6.4% reduced PM PHILIP MORRIS INTL INC Consumer Defensive 7.1% $625m 5.19m −3.6% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 6.6% $583m 1.29m −4.2% reduced NFLX NETFLIX INC. Communication Services 6.4% $564m 632,773 −14% reduced Nestle SA Sponsored ADR no ticker – 5.8% $517m 6.33m −9.0% reduced Heineken Holding NV no ticker – 5.3% $471m 7.86m −3.7% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 4.1% $365m 707,010 −5.7% reduced Pernod Ricard no ticker – 3.9% $343m 3.04m −6.5% reduced JPM JPMORGAN CHASE & CO Financial Services 3.4% $302m 1.26m −12% reduced Ashtead Group PLC no ticker – 3.3% $293m 4.72m −4.6% reduced UBER UBER TECHNOLOGIES INC Technology 2.8% $250m 4.15m +9.3% added DASH DOORDASH INC Consumer Cyclical 1.3% $112m 670,131 −5.0% reduced CMCSA COMCAST CORP NEW Communication Services 1.2% $104m 2.78m −6.3% reduced BF/A BROWN FORMAN CORP – 0.9% $75.9m 2.01m −5.3% reduced V VISA INC Financial Services 0.7% $64.7m 204,696 −23% reduced BF/B BROWN FORMAN CORP – 0.4% $31.9m 840,396 −4.3% reduced EXMOC EXXON MOBIL CORP – 0.2% $20.3m 188,953 +0.4% held Anheuser-Busch InBev SA no ticker – 0.2% $18.9m 378,075 −5.2% reduced MKL MARKEL GROUP INC Financial Services 0.2% $14.9m 8,621 −4.4% reduced MO ALTRIA GROUP INC Consumer Defensive 0.2% $14.1m 269,826 −6.7% reduced WFC WELLS FARGO & CO Financial Services 0.2% $13.6m 193,556 −52% reduced CR CRANE COMPANY Industrials 0.1% $9.2m 60,730 −2.6% reduced UNP UNION PACIFIC CORP Industrials 0.06% $5.6m 24,536 +0.5% held VMC VULCAN MATLS CO Basic Materials 0.06% $5.4m 21,176 −9.8% reduced COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.06% $4.9m 5,397 −0.5% held AXP AMERICAN EXPRESS CO Financial Services 0.05% $4.4m 14,816 −3.4% reduced DOV DOVER CORP Industrials 0.05% $4.2m 22,451 −2.8% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.05% $4.0m 23,754 −24% reduced GOOGL ALPHABET INC Communication Services 0.04% $3.9m 20,466 +0.1% held Davide Campari-Milano NV no ticker – 0.04% $3.6m 579,531 −18% reduced MKC MCCORMICK & CO INC Consumer Defensive 0.04% $3.3m 42,770 −0.1% held ABBV ABBVIE INC Healthcare 0.02% $2.2m 12,410 −0.8% reduced Swiss Helvetia FD Inc no ticker – 0.02% $2.2m 288,801 +1.9% added MSFT MICROSOFT CORP Technology 0.02% $2.1m 4,955 −1.0% reduced Loreal SA no ticker – 0.02% $2.0m 5,711 −1.0% reduced Lindt & Spruengli AG - Reg no ticker – 0.02% $1.8m 16 −5.9% reduced PEP PEPSICO INC Consumer Defensive 0.02% $1.8m 11,528 −5.8% reduced Carlsberg B A/S no ticker – 0.02% $1.7m 18,138 −23% reduced HRL HORMEL FOODS CORP Consumer Defensive 0.02% $1.6m 50,345 −5.2% reduced AAPL APPLE INC Technology 0.02% $1.5m 5,804 −7.5% reduced FULT FULTON FINL CORP PA Financial Services 0.02% $1.4m 74,700 −8.0% reduced ABT ABBOTT LABORATORIES Healthcare 0.01% $1.3m 11,510 0.0% held Heineken NV no ticker – 0.01% $1.1m 15,131 −41% reduced PNC PNC FINL SVCS GROUP INC Financial Services 0.01% $955k 4,950 −7.5% reduced WMT WALMART INC Consumer Defensive 0.01% $931k 10,305 −0.6% reduced KO COCA COLA CO Consumer Defensive 0.01% $878k 14,105 −2.9% reduced Nestle SA-REG no ticker – 0.01% $864k 10,460 −74% reduced
Exited since Q3 2024 Sector mix Unclassified 48.4% Communication Services 19.7% Financial Services 15.8% Consumer Defensive 7.4% Basic Materials 4.2% Technology 2.9% Consumer Cyclical 1.3% Industrials 0.2% Healthcare 0.04% Real Estate 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