$10.3 Billion is the total value of Gardner Russo & Gardner's 112 reported holdings in Q1 2014. The portfolio turnover from Q4 2013 to Q1 2014 was 7.3% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NSRGY | Buy | Nestle SA-Spons ADR | $1,098,192,000 | +3.0% | 14,576,827 | +0.4% | 10.61% | +0.7% |
| BRKA | Buy | Berkshire Hathaway Inc Cl A | $957,171,000 | +6.0% | 5,109 | +0.6% | 9.25% | +3.5% |
| PM | Buy | Philip Morris International In | $834,340,000 | -4.0% | 10,191,037 | +2.2% | 8.06% | -6.2% |
| MA | Buy | Mastercard Inc Cl A | $734,117,000 | -11.3% | 9,827,537 | +891.9% | 7.09% | -13.3% |
| WFC | Buy | Wells Fargo | $730,636,000 | +10.7% | 14,689,097 | +1.1% | 7.06% | +8.2% |
| Buy | Heineken Holding NV | $672,180,000 | +4.2% | 10,406,630 | +2.2% | 6.50% | +1.8% | |
| Buy | Compagnie Financiere Richemont | $671,416,000 | -3.1% | 7,027,196 | +1.7% | 6.49% | -5.3% | |
| Buy | SABMiller PLC | $574,174,000 | +1.3% | 11,499,390 | +4.2% | 5.55% | -1.0% | |
| Buy | Pernod Ricard | $572,678,000 | +6.0% | 4,917,307 | +3.9% | 5.53% | +3.6% | |
| BUD | Buy | Anheuser-Busch InBev ADR | $528,578,000 | +0.4% | 5,019,738 | +1.5% | 5.11% | -1.9% |
| UN | Buy | Unilever NV ADR | $520,357,000 | +9.5% | 12,654,600 | +7.2% | 5.03% | +7.0% |
| BRKB | Buy | Berkshire Hathaway Inc Cl B | $300,631,000 | +9.4% | 2,405,629 | +3.8% | 2.90% | +6.9% |
| Buy | British American Tobacco PLC | $268,651,000 | +5.5% | 4,831,214 | +1.8% | 2.60% | +3.1% | |
| MO | Buy | Altria Group Inc | $267,585,000 | -1.5% | 7,148,952 | +1.0% | 2.59% | -3.7% |
| Buy | Diageo PLC | $256,887,000 | -4.2% | 8,279,868 | +2.3% | 2.48% | -6.4% | |
| BFA | Buy | Brown-Forman Corp Cl A | $255,812,000 | +20.9% | 2,876,559 | +0.3% | 2.47% | +18.1% |
| MLM | Buy | Martin Marietta Materials | $255,750,000 | +32.5% | 1,992,602 | +3.2% | 2.47% | +29.4% |
| CMCSK | Buy | Comcast Corp Special Cl A | $232,616,000 | -1.9% | 4,769,644 | +0.3% | 2.25% | -4.1% |
| SNI | Sell | Scripps Networks Interactive C | $104,838,000 | -13.4% | 1,381,079 | -1.4% | 1.01% | -15.4% |
| Buy | JC Decaux SA ACT | $64,338,000 | +6.6% | 1,468,195 | +0.4% | 0.62% | +4.2% | |
| DEO | Buy | Diageo PLC Sponsored ADR | $52,974,000 | -3.3% | 425,185 | +2.8% | 0.51% | -5.5% |
| GHC | Sell | Graham Holdings Co | $51,422,000 | +2.2% | 73,068 | -3.7% | 0.50% | -0.2% |
| BFB | Buy | Brown-Forman Corp Cl B | $38,921,000 | +21.2% | 433,949 | +2.1% | 0.38% | +18.2% |
| Buy | The Swatch Group AG-BR | $37,511,000 | -4.2% | 59,811 | +1.6% | 0.36% | -6.5% | |
| V | Buy | Visa Inc Cl A | $23,891,000 | -1.1% | 110,677 | +2.0% | 0.23% | -3.3% |
| XOM | Sell | Exxon Mobil Corp | $17,597,000 | -17.6% | 180,151 | -14.6% | 0.17% | -19.4% |
| CR | Sell | Crane | $12,135,000 | +4.6% | 170,552 | -1.2% | 0.12% | +1.7% |
| AXP | Buy | American Express | $11,653,000 | +1.5% | 129,435 | +2.2% | 0.11% | -0.9% |
| MLHR | Sell | Herman Miller Inc | $11,428,000 | +7.7% | 355,670 | -1.0% | 0.11% | +4.8% |
| MKL | Sell | Markel Corp | $11,282,000 | +1.6% | 18,927 | -1.0% | 0.11% | -0.9% |
| Sell | Swedish Match AB | $11,136,000 | +0.0% | 341,362 | -1.4% | 0.11% | -1.8% | |
| FMX | Buy | Fomento Economico Mex Sp ADR | $10,331,000 | -3.7% | 110,800 | +1.0% | 0.10% | -5.7% |
| PG | Buy | Procter & Gamble | $10,260,000 | +1.7% | 127,297 | +2.7% | 0.10% | -1.0% |
| GS | Sell | Goldman Sachs Group Inc | $9,155,000 | -9.3% | 55,875 | -1.9% | 0.09% | -12.0% |
| KO | Buy | Coca-Cola | $8,030,000 | -4.4% | 207,713 | +2.2% | 0.08% | -6.0% |
| Berner Gruppen | $6,813,000 | +41.9% | 116,554 | 0.0% | 0.07% | +40.4% | ||
| DOV | Sell | Dover Corp | $6,428,000 | -17.9% | 78,630 | -3.0% | 0.06% | -19.5% |
| CVX | Sell | Chevron Corp | $6,434,000 | -20.5% | 54,107 | -16.5% | 0.06% | -22.5% |
| RDSA | Buy | Royal Dutch Shell PLC ADR A | $5,770,000 | +8.1% | 78,980 | +5.4% | 0.06% | +5.7% |
| HRL | Sell | Hormel Foods Corp | $5,654,000 | +7.1% | 114,763 | -1.8% | 0.06% | +5.8% |
| ABBV | AbbVie Inc | $4,460,000 | -2.7% | 86,777 | 0.0% | 0.04% | -4.4% | |
| PEP | Sell | Pepsico Inc | $3,766,000 | -22.0% | 45,098 | -22.5% | 0.04% | -25.0% |
| Heineken NV | $3,634,000 | +2.9% | 52,191 | 0.0% | 0.04% | 0.0% | ||
| PX | Sell | Praxair Inc | $3,556,000 | -7.4% | 27,150 | -8.0% | 0.03% | -10.5% |
| ABT | Abbott Labs | $3,331,000 | +0.5% | 86,503 | 0.0% | 0.03% | -3.0% | |
| WFCWS | Wells Fargo WTS Exp 10/28/18wts | $3,313,000 | +17.2% | 177,750 | 0.0% | 0.03% | +14.3% | |
| MKC | Sell | McCormick Inc | $3,234,000 | +2.2% | 45,080 | -1.8% | 0.03% | 0.0% |
| JPMWS | JP Morgan Chase & Co WTS Exp 1wts | $3,045,000 | +4.2% | 150,750 | 0.0% | 0.03% | 0.0% | |
| Nestle SA-REG | $3,037,000 | +2.3% | 40,310 | 0.0% | 0.03% | 0.0% | ||
| PCP | Precision Castparts Corp | $2,863,000 | -6.1% | 11,325 | 0.0% | 0.03% | -6.7% | |
| DANOY | Sell | Danone ADR | $2,765,000 | -3.4% | 195,400 | -1.5% | 0.03% | -3.6% |
| Buy | BIC | $2,724,000 | +9.4% | 20,725 | +2.2% | 0.03% | +4.0% | |
| DE | Sell | Deere & Co | $2,580,000 | -5.6% | 28,415 | -5.0% | 0.02% | -7.4% |
| IBM | Sell | I B M | $2,621,000 | -16.2% | 13,615 | -18.3% | 0.02% | -19.4% |
| DD | Sell | Du Pont E I De Nemours | $2,435,000 | -14.0% | 36,291 | -16.7% | 0.02% | -14.3% |
| MSFT | Sell | Microsoft Corp | $2,510,000 | +8.7% | 61,244 | -0.8% | 0.02% | +4.3% |
| PNC | PNC Bank Corp | $2,231,000 | +12.2% | 25,644 | 0.0% | 0.02% | +10.0% | |
| Buy | Reckitt Benckiser Group PLC | $2,072,000 | +5.8% | 25,435 | +3.1% | 0.02% | +5.3% | |
| Pargesa Holding AG - B | $2,074,000 | +6.7% | 23,950 | 0.0% | 0.02% | +5.3% | ||
| Sell | Lindt & Spruengli AG - Reg | $2,003,000 | +2.5% | 34 | -5.6% | 0.02% | 0.0% | |
| HEINY | Buy | Heineken NV Spons ADR | $1,813,000 | +24.0% | 52,062 | +20.4% | 0.02% | +28.6% |
| EVF | Buy | Eaton Vance Sr Income TR SFsh ben int | $1,867,000 | +0.7% | 270,514 | +0.8% | 0.02% | 0.0% |
| CMCSA | Sell | Comcast Corp New Cl A | $1,810,000 | -34.0% | 36,166 | -31.4% | 0.02% | -37.0% |
| BBT | Buy | BB&T Corp | $1,650,000 | +8.3% | 41,077 | +0.6% | 0.02% | +6.7% |
| WMT | Sell | Wal Mart Stores Inc | $1,606,000 | -9.3% | 21,009 | -6.7% | 0.02% | -11.1% |
| CFRUY | Buy | CIE Financiere Richemont-Unsp | $1,617,000 | +4.4% | 169,275 | +9.1% | 0.02% | +6.7% |
| BTI | Buy | British Amern Tob PLC ADR | $1,526,000 | +4.8% | 13,699 | +1.1% | 0.02% | +7.1% |
| Anheuser-Busch InBev | $1,573,000 | -1.5% | 15,000 | 0.0% | 0.02% | -6.2% | ||
| MTBWS | Buy | M&T Bank Corp Wts Exp 12/23/1wts | $1,554,000 | +20.5% | 32,500 | +8.3% | 0.02% | +15.4% |
| Buy | Unilever NV | $1,408,000 | +7.4% | 34,250 | +5.4% | 0.01% | +7.7% | |
| SBMRY | Buy | SABMiller PLC Sponsored ADR | $1,495,000 | +11.7% | 29,935 | +14.9% | 0.01% | +7.7% |
| PDRDY | Buy | Pernod-Ricard SA-Unspon ADR | $1,447,000 | +22.0% | 62,125 | +19.5% | 0.01% | +16.7% |
| NHST Media Group | $1,321,000 | -5.7% | 19,772 | 0.0% | 0.01% | -7.1% | ||
| Sell | A P Moller-Maersk A/S | $1,327,000 | +2.6% | 115 | -8.0% | 0.01% | 0.0% | |
| KN | New | Knowles Corp | $1,217,000 | – | 38,564 | +100.0% | 0.01% | – |
| GOOGL | Google Inc Cl A | $1,132,000 | -0.6% | 1,016 | 0.0% | 0.01% | 0.0% | |
| CBI | Sell | Chicago Bridge & Iron Co NV | $1,122,000 | -9.3% | 12,875 | -13.4% | 0.01% | -8.3% |
| LAMR | Buy | Lamar Advertising Cl A | $1,077,000 | +0.5% | 21,110 | +2.9% | 0.01% | -9.1% |
| FULT | Fulton Finl Corp | $1,010,000 | -3.9% | 80,298 | 0.0% | 0.01% | 0.0% | |
| COP | Buy | Conocophillips | $907,000 | -0.1% | 12,887 | +0.2% | 0.01% | 0.0% |
| SWZ | Buy | Swiss Helvetia FD Inc | $971,000 | +24.2% | 67,543 | +20.6% | 0.01% | +12.5% |
| BAC | Bank Amer Corp | $851,000 | +10.4% | 49,500 | 0.0% | 0.01% | 0.0% | |
| Sell | Loreal SA | $823,000 | -17.6% | 4,990 | -12.1% | 0.01% | -20.0% | |
| CSL | Sell | Carlisle Inc | $722,000 | -6.2% | 9,100 | -6.2% | 0.01% | -12.5% |
| COST | Buy | Costco Whsl Corp | $766,000 | +9.9% | 6,855 | +17.1% | 0.01% | 0.0% |
| GE | Sell | General Electric | $589,000 | -51.7% | 22,759 | -47.7% | 0.01% | -50.0% |
| CL | New | Colgate Palmolive | $577,000 | – | 8,900 | +100.0% | 0.01% | – |
| BP | Sell | BP PLC ADR | $671,000 | -39.2% | 13,950 | -38.6% | 0.01% | -45.5% |
| PXD | Pioneer Nat Res | $505,000 | +1.6% | 2,700 | 0.0% | 0.01% | 0.0% | |
| DIS | Sell | Disney Walt Productions | $496,000 | +1.8% | 6,200 | -2.7% | 0.01% | 0.0% |
| ORCL | Sell | Oracle Corp | $409,000 | -14.4% | 10,000 | -20.0% | 0.00% | -20.0% |
| MCD | McDonalds Corp | $388,000 | +1.0% | 3,960 | 0.0% | 0.00% | 0.0% | |
| Schibsted A/S | $382,000 | -5.9% | 6,150 | 0.0% | 0.00% | 0.0% | ||
| HTLD | Heartland Express Inc | $329,000 | +15.8% | 14,499 | 0.0% | 0.00% | 0.0% | |
| AIG | American Intl Group Inc | $300,000 | -2.0% | 6,000 | 0.0% | 0.00% | 0.0% | |
| GD | General Dynamics Corp | $327,000 | +13.9% | 3,000 | 0.0% | 0.00% | 0.0% | |
| PGR | Sell | Progressive Corp Ohio | $286,000 | -37.6% | 11,800 | -29.7% | 0.00% | -40.0% |
| New | Templeton Global Bond FDsh ben int | $274,000 | – | 21,000 | +100.0% | 0.00% | – | |
| MAT | Mattel Inc | $266,000 | -15.6% | 6,625 | 0.0% | 0.00% | 0.0% | |
| SLB | Sell | Schlumberger LTD | $302,000 | 0.0% | 3,100 | -7.5% | 0.00% | 0.0% |
| NTRS | Northern Trust Corp | $284,000 | +6.0% | 4,334 | 0.0% | 0.00% | 0.0% | |
| SUSQ | Susquehanna Bancshrs Inc | $198,000 | -11.6% | 17,429 | 0.0% | 0.00% | 0.0% | |
| Groupe Danone | $248,000 | -1.6% | 3,500 | 0.0% | 0.00% | 0.0% | ||
| MRK | Merck Inc | $258,000 | +13.7% | 4,536 | 0.0% | 0.00% | 0.0% | |
| NLSN | New | Nielsen Holdings | $205,000 | – | 4,600 | +100.0% | 0.00% | – |
| New | Berner Gruppen PFDpfd | $205,000 | – | 3,501 | +100.0% | 0.00% | – | |
| Cir SPA | $189,000 | -4.1% | 125,000 | 0.0% | 0.00% | 0.0% | ||
| Buy | Hanjaya Mandala Sampoerna | $182,000 | +42.2% | 30,000 | +20.0% | 0.00% | +100.0% | |
| PSX | Phillips 66 | $210,000 | 0.0% | 2,720 | 0.0% | 0.00% | 0.0% | |
| CSFL | Centerstate BKS FLA Inc | $120,000 | +7.1% | 11,004 | 0.0% | 0.00% | 0.0% | |
| Pimco High Yield Fun-Instlsh ben int | $108,000 | +0.9% | 11,116 | 0.0% | 0.00% | 0.0% | ||
| PZ Cussons PLC | $88,000 | -6.4% | 15,000 | 0.0% | 0.00% | 0.0% | ||
| Exit | Syngenta AG | $0 | – | -521 | -100.0% | -0.00% | – | |
| DHR | Exit | Danaher Corp | $0 | – | -4,151 | -100.0% | -0.00% | – |
| BA | Exit | Boeing | $0 | – | -2,430 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2014-05-13
About Gardner Russo & Gardner
Gardner Russo & Gardner is a well-known investment management firm that has been in operation for over 50 years. The company was founded by Thomas Russo and Eugene Gardner in 1965 and has since grown to become a leading investment firm with over $15 billion in assets under management.
The firm is known for its long-term investment approach, which focuses on investing in high-quality companies with strong competitive advantages and sustainable business models. This approach has helped the firm to consistently outperform the market over the long term.
One of the key figures at Gardner Russo & Gardner is Thomas Russo, who is the Managing Member of the firm. Russo is a highly respected investor who has been recognized for his investment expertise by publications such as Barron's and Forbes. He is known for his focus on investing in consumer goods companies and has been a long-time investor in companies such as Nestle and Berkshire Hathaway.
Another important figure at the firm is Robert Gardiner, who is the Chief Investment Officer. Gardiner has been with the firm for over 30 years and is responsible for overseeing the firm's investment strategy and portfolio management.
Overall, Gardner Russo & Gardner is a well-respected investment management firm with a long track record of success. Its focus on investing in high-quality companies with sustainable business models has helped it to consistently outperform the market over the long term.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| Nestle SA Sponsored ADR | 42 | Q3 2023 | 12.9% |
| Berkshire Hathaway Inc Cl A | 42 | Q3 2023 | 14.4% |
| Mastercard Inc Cl A | 42 | Q3 2023 | 16.2% |
| Philip Morris International In | 42 | Q3 2023 | 9.3% |
| Heineken Holding NV | 42 | Q3 2023 | 7.8% |
| Pernod Ricard | 42 | Q3 2023 | 7.7% |
| Wells Fargo | 42 | Q3 2023 | 7.3% |
| Berkshire Hathaway Inc Cl B | 42 | Q3 2023 | 6.2% |
| Martin Marietta Materials | 42 | Q3 2023 | 4.6% |
| Brown-Forman Corp Cl A | 42 | Q3 2023 | 2.7% |
View Gardner Russo & Gardner's complete holdings history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-13 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-11 |
| 13F-HR | 2023-05-11 |
| 13F-HR | 2023-02-13 |
| 13F-HR | 2022-11-10 |
| 13F-HR | 2022-08-04 |
| 13F-HR | 2022-05-12 |
| 13F-HR | 2022-02-10 |
| 13F-HR | 2021-11-15 |
View Gardner Russo & Gardner's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.