Gardner Russo & Quinn 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Gardner Russo & Quinn disclosed 85 US equity positions worth $9.3bn in its Q3 2025 13F filing. The largest position was BRK/A at 12.5% of the reported book, followed by GOOG and MA. Against the Q2 2025 filing, it opened 0 new positions, added to 9 and reduced 28 among the top 50 holdings.
What did Gardner Russo & Quinn own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A Berkshire Hathaway Inc Cl A | 12.5% | $1.2bn | 1,541 | -5% | reduced | |
| 2 | GOOG Alphabet Inc Cl C | Communication Services | 12.1% | $1.1bn | 4,649,923 | -9% | reduced |
| 3 | MA Mastercard Inc Cl A | Financial Services | 9.9% | $921.6m | 1,620,272 | -4% | reduced |
| 4 | PM Philip Morris International In | Consumer Defensive | 8.1% | $756.2m | 4,662,201 | -4% | reduced |
| 5 | Compagnie Financiere Richemont | 7.4% | $686.7m | 3,603,992 | -3% | reduced | |
| 6 | Heineken Holding NV | 6.8% | $636.7m | 9,285,906 | 10% | added | |
| 7 | NFLX Netflix Inc | Communication Services | 6.6% | $616.8m | 514,425 | -5% | reduced |
| 8 | BRK/B Berkshire Hathaway Inc Cl B | 6.3% | $583.9m | 1,161,394 | 1% | added | |
| 9 | Nestle SA Sponsored ADR | 5.7% | $530.3m | 5,778,660 | -4% | reduced | |
| 10 | UBER Uber Technologies Inc | Technology | 4.9% | $461.5m | 4,710,841 | -4% | reduced |
| 11 | MLM Martin Marietta Materials | Basic Materials | 4.6% | $433.3m | 687,537 | -4% | reduced |
| 12 | Ashtead Group PLC | 4.0% | $372.8m | 5,577,080 | -4% | reduced | |
| 13 | Pernod Ricard | 2.8% | $265.1m | 2,700,641 | -4% | reduced | |
| 14 | DASH Doordash Inc Cl A | Consumer Cyclical | 2.7% | $252.0m | 926,363 | -4% | reduced |
| 15 | JPM J.P. Morgan Chase | Financial Services | 1.8% | $171.9m | 545,030 | -5% | reduced |
| 16 | CMCSA Comcast Corp New Cl A | Communication Services | 0.8% | $76.8m | 2,445,711 | -4% | reduced |
| 17 | BF/A Brown-Forman Corp Cl A | 0.5% | $46.2m | 1,718,072 | -6% | reduced | |
| 18 | V Visa Inc Cl A | Financial Services | 0.4% | $41.7m | 122,264 | -4% | reduced |
| 19 | EXMOC Exxon Mobil Corp | 0.2% | $21.6m | 191,742 | 1% | added | |
| 20 | BF/B Brown-Forman Corp Cl B | 0.2% | $20.7m | 765,768 | -2% | reduced | |
| 21 | Anheuser-Busch InBev SA | 0.2% | $16.8m | 282,215 | -5% | reduced | |
| 22 | MKL Markel Corp | Financial Services | 0.2% | $14.6m | 7,653 | -6% | reduced |
| 23 | MO Altria Group Inc | Consumer Defensive | 0.1% | $10.9m | 165,693 | -13% | reduced |
| 24 | CR Crane Company | Industrials | 0.1% | $10.4m | 56,476 | -5% | reduced |
| 25 | UNP Union Pac Corp | Industrials | 0.1% | $5.9m | 24,843 | 1% | added |
| 26 | AXP American Express | Financial Services | 0.0% | $4.5m | 13,632 | -0% | held |
| 27 | COST Costco Whsl Corp | Consumer Defensive | 0.0% | $4.3m | 4,624 | -0% | held |
| 28 | GOOGL Alphabet Inc Cl A | Communication Services | 0.0% | $3.8m | 15,486 | -2% | reduced |
| 29 | DOV Dover Corp | Industrials | 0.0% | $3.3m | 19,551 | -9% | reduced |
| 30 | VMC Vulcan Materials | Basic Materials | 0.0% | $3.0m | 9,897 | -3% | reduced |
| 31 | ABBV AbbVie Inc | Healthcare | 0.0% | $2.9m | 12,410 | 0% | held |
| 32 | MKC McCormick Inc | Consumer Defensive | 0.0% | $2.8m | 41,591 | -1% | reduced |
| 33 | Swiss Helvetia FD Inc | 0.0% | $2.6m | 434,237 | 0% | held | |
| 34 | Lindt & Spruengli AG - Reg | 0.0% | $2.3m | 15 | 0% | held | |
| 35 | MSFT Microsoft Corp | Technology | 0.0% | $1.8m | 3,505 | -17% | reduced |
| 36 | Loreal SA | 0.0% | $1.8m | 4,050 | 0% | held | |
| 37 | WRBY Warby Parker Inc Cl A | Healthcare | 0.0% | $1.7m | 61,000 | 5% | added |
| 38 | PG Procter & Gamble | Consumer Defensive | 0.0% | $1.7m | 10,920 | 0% | held |
| 39 | ABT Abbott Labs | Healthcare | 0.0% | $1.5m | 11,510 | 0% | held |
| 40 | PEP Pepsico Inc | Consumer Defensive | 0.0% | $1.5m | 10,960 | 0% | held |
| 41 | SSP Group | 0.0% | $1.5m | 660,000 | 20% | added | |
| 42 | Konecranes | 0.0% | $1.5m | 18,450 | -22% | reduced | |
| 43 | Fielmann | 0.0% | $1.5m | 25,000 | 9% | added | |
| 44 | Fluidra | 0.0% | $1.4m | 53,000 | 0% | held | |
| 45 | Demant A/S | 0.0% | $1.4m | 41,000 | 0% | held | |
| 46 | Carlsberg B A/S | 0.0% | $1.4m | 12,055 | 1% | added | |
| 47 | Davide Campari-Milano NV | 0.0% | $1.3m | 210,353 | -10% | reduced | |
| 48 | Electrolux Professional | 0.0% | $1.3m | 200,000 | 14% | added | |
| 49 | De'Longhi | 0.0% | $1.3m | 35,250 | 0% | held | |
| 50 | H Hyatt Hotels Corp Cl A | Consumer Cyclical | 0.0% | $1.2m | 8,675 | 0% | held |
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.