Gardner Russo & Quinn 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 86 US equity positions worth $8.9bn in its Q1 2025 13F filing. The largest position was BRK/A at 14.8% of the reported book, followed by MA and GOOG. Against the Q4 2024 filing, it opened 5 new positions, added to 6 and reduced 32 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A Berkshire Hathaway Inc Cl A | 14.8% | $1.3bn | 1,657 | -11% | reduced | |
| 2 | MA Mastercard Inc Cl A | Financial Services | 10.5% | $940.8m | 1,716,374 | -9% | reduced |
| 3 | GOOG Alphabet Inc Cl C | Communication Services | 8.9% | $797.8m | 5,106,605 | -9% | reduced |
| 4 | PM Philip Morris International In | Consumer Defensive | 8.9% | $796.3m | 5,016,631 | -3% | reduced |
| 5 | Compagnie Financiere Richemont | 7.3% | $655.0m | 3,788,649 | -10% | reduced | |
| 6 | BRK/B Berkshire Hathaway Inc Cl B | 7.0% | $628.8m | 1,180,608 | -8% | reduced | |
| 7 | Nestle SA Sponsored ADR | 7.0% | $621.6m | 6,143,739 | -3% | reduced | |
| 8 | Heineken Holding NV | 6.6% | $588.2m | 8,139,838 | 4% | added | |
| 9 | NFLX Netflix Inc | Communication Services | 5.8% | $520.7m | 558,412 | -12% | reduced |
| 10 | MLM Martin Marietta Materials | Basic Materials | 3.8% | $341.5m | 714,252 | 1% | added |
| 11 | UBER Uber Technologies Inc | Technology | 3.6% | $322.9m | 4,431,675 | 7% | added |
| 12 | Ashtead Group PLC | 3.3% | $295.1m | 5,514,309 | 17% | added | |
| 13 | Pernod Ricard | 3.2% | $284.1m | 2,882,247 | -5% | reduced | |
| 14 | JPM J.P. Morgan Chase | Financial Services | 2.9% | $255.9m | 1,043,354 | -17% | reduced |
| 15 | DASH Doordash Inc Cl A | Consumer Cyclical | 1.6% | $145.1m | 793,665 | 18% | added |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 1.1% | $96.6m | 2,616,811 | -6% | reduced |
| 17 | BF/A Brown-Forman Corp Cl A | 0.7% | $62.6m | 1,870,922 | -7% | reduced | |
| 18 | V Visa Inc Cl A | Financial Services | 0.5% | $45.8m | 130,701 | -36% | reduced |
| 19 | BF/B Brown-Forman Corp Cl B | 0.3% | $27.9m | 820,796 | -2% | reduced | |
| 20 | EXMOC Exxon Mobil Corp | 0.3% | $22.5m | 189,469 | 0% | held | |
| 21 | Anheuser-Busch InBev SA | 0.2% | $20.8m | 338,650 | -10% | reduced | |
| 22 | MKL Markel Corp | Financial Services | 0.2% | $15.5m | 8,276 | -4% | reduced |
| 23 | MO Altria Group Inc | Consumer Defensive | 0.2% | $14.8m | 246,648 | -9% | reduced |
| 24 | CR Crane Company | Industrials | 0.1% | $9.2m | 60,305 | -1% | reduced |
| 25 | UNP Union Pac Corp | Industrials | 0.1% | $5.8m | 24,588 | 0% | held |
| 26 | WFC Wells Fargo | Financial Services | 0.1% | $4.5m | 62,901 | -68% | reduced |
| 27 | COST Costco Whsl Corp | Consumer Defensive | 0.0% | $4.4m | 4,637 | -14% | reduced |
| 28 | VMC Vulcan Materials | Basic Materials | 0.0% | $4.4m | 18,737 | -12% | reduced |
| 29 | DOV Dover Corp | Industrials | 0.0% | $3.9m | 21,951 | -2% | reduced |
| 30 | AXP American Express | Financial Services | 0.0% | $3.7m | 13,658 | -8% | reduced |
| 31 | MKC McCormick Inc | Consumer Defensive | 0.0% | $3.5m | 42,626 | -0% | held |
| 32 | Swiss Helvetia FD Inc | 0.0% | $2.7m | 293,403 | 2% | added | |
| 33 | ABBV AbbVie Inc | Healthcare | 0.0% | $2.6m | 12,410 | 0% | held |
| 34 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $2.4m | 15,611 | -24% | reduced |
| 35 | Lindt & Spruengli AG - Reg | 0.0% | $2.1m | 16 | 0% | held | |
| 36 | PG Procter & Gamble | Consumer Defensive | 0.0% | $1.9m | 11,000 | -54% | reduced |
| 37 | MSFT Microsoft Corp | Technology | 0.0% | $1.7m | 4,620 | -7% | reduced |
| 38 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $1.6m | 10,979 | -5% | reduced |
| 39 | ABT Abbott Labs | Healthcare | 0.0% | $1.5m | 11,510 | 0% | held |
| 40 | Loreal SA | 0.0% | $1.5m | 4,086 | -28% | reduced | |
| 41 | Konecranes | 0.0% | $1.5m | 23,650 | – | new | |
| 42 | H Hyatt Hotels Corp Cl A | Consumer Cyclical | 0.0% | $1.4m | 11,675 | – | new |
| 43 | HRL Hormel Foods Corp | Consumer Defensive | 0.0% | $1.4m | 46,081 | -8% | reduced |
| 44 | Davide Campari-Milano NV | 0.0% | $1.4m | 235,151 | -59% | reduced | |
| 45 | Demant A/S | 0.0% | $1.3m | 40,250 | – | new | |
| 46 | Carlsberg B A/S | 0.0% | $1.3m | 10,307 | -43% | reduced | |
| 47 | HRI Herc Holdings Inc | Industrials | 0.0% | $1.3m | 9,450 | – | new |
| 48 | Fulton Finl Corp | 0.0% | $1.3m | 69,700 | -7% | reduced | |
| 49 | Heineken NV | 0.0% | $1.2m | 15,131 | 0% | held | |
| 50 | Fluidra | 0.0% | $1.2m | 50,500 | – | new |
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.