Funds › Gardner Russo & Quinn (Tom Russo) › Q1 2025Gardner Russo & Quinn (Tom Russo) 13F holdings, Q1 2025 Gardner Russo & Quinn (Tom Russo) disclosed 86 US equity positions worth $8.9bn in its Q1 2025 13F filing. Its largest position is BRK/A at 14.8% of the reported book, followed by MA and GOOG. Versus Q4 2024 it opened 20 new positions, added to 8, reduced 42 and exited 2.
$8.9bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
86 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.8% Largest position The largest single position as a share of the reported equity book.
80.9% 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 Q4 2024: 20 new , 8 added , 42 reduced , 2 exited
50 of 86 Show all 86
Stock Sector Weight Value Shares Δ shares Action BRK/A BERKSHIRE HATHAWAY INC DEL – 14.8% $1.3bn 1,657 −11% reduced MA MASTERCARD INC Financial Services 10.5% $941m 1.72m −8.9% reduced GOOG ALPHABET INC Communication Services 8.9% $798m 5.11m −9.4% reduced PM PHILIP MORRIS INTL INC Consumer Defensive 8.9% $796m 5.02m −3.3% reduced Compagnie Financiere Richemont no ticker – 7.3% $655m 3.79m −10% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 7.0% $629m 1.18m −8.3% reduced Nestle SA Sponsored ADR no ticker – 7.0% $622m 6.14m −2.9% reduced Heineken Holding NV no ticker – 6.6% $588m 8.14m +3.6% added NFLX NETFLIX INC. Communication Services 5.8% $521m 558,412 −12% reduced MLM MARTIN MARIETTA MATLS INC Basic Materials 3.8% $342m 714,252 +1.0% added UBER UBER TECHNOLOGIES INC Technology 3.6% $323m 4.43m +6.8% added Ashtead Group PLC no ticker – 3.3% $295m 5.51m +17% added Pernod Ricard no ticker – 3.2% $284m 2.88m −5.1% reduced JPM JPMORGAN CHASE & CO Financial Services 2.9% $256m 1.04m −17% reduced DASH DOORDASH INC Consumer Cyclical 1.6% $145m 793,665 +18% added CMCSA COMCAST CORP NEW Communication Services 1.1% $96.6m 2.62m −6.0% reduced BF/A BROWN FORMAN CORP – 0.7% $62.6m 1.87m −7.1% reduced V VISA INC Financial Services 0.5% $45.8m 130,701 −36% reduced BF/B BROWN FORMAN CORP – 0.3% $27.9m 820,796 −2.3% reduced EXMOC EXXON MOBIL CORP – 0.3% $22.5m 189,469 +0.3% held Anheuser-Busch InBev SA no ticker – 0.2% $20.8m 338,650 −10% reduced MKL MARKEL GROUP INC Financial Services 0.2% $15.5m 8,276 −4.0% reduced MO ALTRIA GROUP INC Consumer Defensive 0.2% $14.8m 246,648 −8.6% reduced CR CRANE COMPANY Industrials 0.1% $9.2m 60,305 −0.7% reduced UNP UNION PACIFIC CORP Industrials 0.07% $5.8m 24,588 +0.2% held WFC WELLS FARGO & CO Financial Services 0.05% $4.5m 62,901 −68% reduced COST COSTCO WHOLESALE CORPORATION Consumer Defensive 0.05% $4.4m 4,637 −14% reduced VMC VULCAN MATLS CO Basic Materials 0.05% $4.4m 18,737 −12% reduced DOV DOVER CORP Industrials 0.04% $3.9m 21,951 −2.2% reduced AXP AMERICAN EXPRESS CO Financial Services 0.04% $3.7m 13,658 −7.8% reduced MKC MCCORMICK & CO INC Consumer Defensive 0.04% $3.5m 42,626 −0.3% held Swiss Helvetia FD Inc no ticker – 0.03% $2.7m 293,403 +1.6% added ABBV ABBVIE INC Healthcare 0.03% $2.6m 12,410 0.0% held GOOGL ALPHABET INC Communication Services 0.03% $2.4m 15,611 −24% reduced Lindt & Spruengli AG - Reg no ticker – 0.02% $2.1m 16 0.0% held PG PROCTER & GAMBLE CO Consumer Defensive 0.02% $1.9m 11,000 −54% reduced MSFT MICROSOFT CORP Technology 0.02% $1.7m 4,620 −6.8% reduced PEP PEPSICO INC Consumer Defensive 0.02% $1.6m 10,979 −4.8% reduced ABT ABBOTT LABORATORIES Healthcare 0.02% $1.5m 11,510 0.0% held Loreal SA no ticker – 0.02% $1.5m 4,086 −28% reduced Konecranes no ticker – 0.02% $1.5m 23,650 – new H HYATT HOTELS CORP Consumer Cyclical 0.02% $1.4m 11,675 – new HRL HORMEL FOODS CORP Consumer Defensive 0.02% $1.4m 46,081 −8.5% reduced Davide Campari-Milano NV no ticker – 0.02% $1.4m 235,151 −59% reduced Demant A/S no ticker – 0.02% $1.3m 40,250 – new Carlsberg B A/S no ticker – 0.01% $1.3m 10,307 −43% reduced HRI HERC HLDGS INC Industrials 0.01% $1.3m 9,450 – new FULT FULTON FINL CORP PA Financial Services 0.01% $1.3m 69,700 −6.7% reduced Heineken NV no ticker – 0.01% $1.2m 15,131 0.0% held Fluidra no ticker – 0.01% $1.2m 50,500 – new
Exited since Q4 2024 2 rows
Stock Prior weight Prior value MDLZ MONDELEZ INTL INC 0.0% $263k Compagnie Financiere Richemont no ticker 0.0% $185k
Sector mix Unclassified 51.1% Communication Services 15.9% Financial Services 14.2% Consumer Defensive 9.3% Basic Materials 3.9% Technology 3.7% Consumer Cyclical 1.7% Industrials 0.2% Healthcare 0.06% Real Estate 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