$10.6 Billion is the total value of Gardner Russo & Gardner's 111 reported holdings in Q3 2014. The portfolio turnover from Q2 2014 to Q3 2014 was 3.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NSRGY | Buy | Nestle SA-Spons ADR | $1,101,482,000 | -3.2% | 14,981,721 | +2.0% | 10.37% | -1.4% |
| BRKA | Buy | Berkshire Hathaway Inc Cl A | $1,051,466,000 | +9.2% | 5,082 | +0.2% | 9.90% | +11.2% |
| PM | Buy | Philip Morris International In | $855,058,000 | -0.8% | 10,252,495 | +0.3% | 8.05% | +1.0% |
| WFC | Sell | Wells Fargo | $759,268,000 | -1.4% | 14,637,898 | -0.1% | 7.15% | +0.5% |
| MA | Buy | Mastercard Inc Cl A | $736,019,000 | +1.3% | 9,956,963 | +0.7% | 6.93% | +3.2% |
| Buy | Heineken Holding NV | $696,459,000 | +2.2% | 10,527,476 | +1.5% | 6.56% | +4.1% | |
| Buy | SABMiller PLC | $642,570,000 | -3.5% | 11,562,694 | +0.6% | 6.05% | -1.7% | |
| Buy | Compagnie Financiere Richemont | $593,999,000 | -19.5% | 7,243,980 | +3.0% | 5.59% | -18.0% | |
| Buy | Pernod Ricard | $588,162,000 | -1.0% | 5,194,053 | +4.9% | 5.54% | +0.8% | |
| BUD | Buy | Anheuser-Busch InBev ADR | $564,988,000 | -2.4% | 5,096,871 | +1.2% | 5.32% | -0.6% |
| UN | Buy | Unilever NV ADR | $527,649,000 | -6.6% | 13,297,615 | +3.0% | 4.97% | -4.8% |
| BRKB | Buy | Berkshire Hathaway Inc Cl B | $339,464,000 | +10.3% | 2,457,392 | +1.0% | 3.20% | +12.3% |
| MO | Sell | Altria Group Inc | $326,559,000 | +9.2% | 7,108,388 | -0.3% | 3.07% | +11.2% |
| Buy | British American Tobacco PLC | $271,848,000 | -4.0% | 4,815,888 | +1.1% | 2.56% | -2.3% | |
| MLM | Buy | Martin Marietta Materials | $254,735,000 | -2.2% | 1,975,609 | +0.2% | 2.40% | -0.4% |
| BFA | Sell | Brown-Forman Corp Cl A | $252,636,000 | -3.9% | 2,832,558 | -0.5% | 2.38% | -2.1% |
| CMCSK | Sell | Comcast Corp Special Cl A | $252,267,000 | +0.0% | 4,715,276 | -0.3% | 2.38% | +1.9% |
| Buy | Diageo PLC | $249,298,000 | -7.8% | 8,615,112 | +1.7% | 2.35% | -6.0% | |
| SNI | Sell | Scripps Networks Interactive C | $99,864,000 | -3.8% | 1,278,832 | -0.0% | 0.94% | -2.0% |
| DEO | Buy | Diageo PLC Sponsored ADR | $49,794,000 | -7.7% | 431,493 | +1.8% | 0.47% | -6.0% |
| Buy | JC Decaux SA ACT | $46,479,000 | -14.7% | 1,472,010 | +0.7% | 0.44% | -13.3% | |
| GHC | Sell | Graham Holdings Co | $46,284,000 | -5.6% | 66,159 | -3.1% | 0.44% | -3.8% |
| BFB | Buy | Brown-Forman Corp Cl B | $39,063,000 | -4.0% | 432,976 | +0.2% | 0.37% | -2.1% |
| Buy | The Swatch Group AG-BR | $30,208,000 | -19.1% | 63,563 | +2.8% | 0.28% | -17.7% | |
| V | Buy | Visa Inc Cl A | $24,072,000 | +1.9% | 112,816 | +0.6% | 0.23% | +4.1% |
| XOM | Buy | Exxon Mobil Corp | $15,088,000 | -2.8% | 160,426 | +4.1% | 0.14% | -0.7% |
| MKL | Sell | Markel Corp | $11,416,000 | -5.9% | 17,946 | -3.0% | 0.11% | -4.5% |
| AXP | Sell | American Express | $11,252,000 | -8.6% | 128,535 | -1.0% | 0.11% | -7.0% |
| Sell | Swedish Match AB | $10,953,000 | -7.0% | 337,412 | -0.6% | 0.10% | -5.5% | |
| CR | Sell | Crane | $10,660,000 | -15.6% | 168,652 | -0.7% | 0.10% | -14.5% |
| MLHR | Sell | Herman Miller Inc | $10,312,000 | -1.7% | 345,454 | -0.4% | 0.10% | 0.0% |
| FMX | Sell | Fomento Economico Mex Sp ADR | $10,074,000 | -2.7% | 109,445 | -1.0% | 0.10% | -1.0% |
| PG | Sell | Procter & Gamble | $10,091,000 | +5.4% | 120,502 | -1.1% | 0.10% | +8.0% |
| KO | Sell | Coca-Cola | $8,753,000 | -0.8% | 205,187 | -1.5% | 0.08% | 0.0% |
| DOV | Sell | Dover Corp | $6,138,000 | -14.2% | 76,406 | -2.8% | 0.06% | -12.1% |
| PCP | Buy | Precision Castparts Corp | $5,846,000 | +107.2% | 24,680 | +120.9% | 0.06% | +111.5% |
| HRL | Buy | Hormel Foods Corp | $5,707,000 | +4.4% | 111,053 | +0.3% | 0.05% | +8.0% |
| CVX | Sell | Chevron Corp | $5,659,000 | -9.3% | 47,427 | -0.7% | 0.05% | -8.6% |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $5,393,000 | -16.7% | 70,835 | -9.9% | 0.05% | -15.0% |
| ABBV | AbbVie Inc | $5,012,000 | +2.3% | 86,777 | 0.0% | 0.05% | +4.4% | |
| GS | Sell | Goldman Sachs Group Inc | $4,202,000 | -34.2% | 22,893 | -40.0% | 0.04% | -32.2% |
| PEP | Sell | Pepsico Inc | $4,039,000 | +2.2% | 43,389 | -1.9% | 0.04% | +2.7% |
| Sell | Heineken NV | $3,891,000 | +3.8% | 51,991 | -0.4% | 0.04% | +5.7% | |
| ABT | Abbott Labs | $3,598,000 | +1.7% | 86,503 | 0.0% | 0.03% | +3.0% | |
| WFCWS | Wells Fargo WTS Exp 10/28/18wts | $3,582,000 | -6.6% | 177,750 | 0.0% | 0.03% | -2.9% | |
| JPMWS | Buy | JP Morgan Chase & Co WTS Exp 1wts | $3,635,000 | +24.7% | 180,750 | +19.9% | 0.03% | +25.9% |
| Nestle SA-REG | $3,037,000 | -5.1% | 41,310 | 0.0% | 0.03% | -3.3% | ||
| MKC | Buy | McCormick Inc | $2,860,000 | -6.2% | 42,755 | +0.4% | 0.03% | -3.6% |
| MSFT | Sell | Microsoft Corp | $2,775,000 | +8.7% | 59,850 | -2.3% | 0.03% | +8.3% |
| DANOY | Buy | Danone ADR | $2,714,000 | -4.2% | 202,710 | +6.2% | 0.03% | 0.0% |
| Buy | Reckitt Benckiser Group PLC | $2,634,000 | +12.5% | 30,375 | +13.1% | 0.02% | +13.6% | |
| MTBWS | Buy | M&T Bank Corp Wts Exp 12/23/1wts | $2,603,000 | +3.7% | 52,000 | +4.0% | 0.02% | +8.7% |
| Sell | BIC | $2,699,000 | -8.0% | 20,925 | -2.4% | 0.02% | -7.4% | |
| DD | Buy | Du Pont E I De Nemours | $2,406,000 | +10.3% | 33,534 | +0.6% | 0.02% | +15.0% |
| DE | Deere & Co | $2,330,000 | -9.4% | 28,415 | 0.0% | 0.02% | -8.3% | |
| HEINY | Buy | Heineken NV Spons ADR | $2,042,000 | +7.3% | 54,562 | +2.9% | 0.02% | +5.6% |
| IBM | Sell | I B M | $1,985,000 | -5.3% | 10,455 | -9.5% | 0.02% | 0.0% |
| PX | Sell | Praxair Inc | $2,019,000 | -3.5% | 15,650 | -0.6% | 0.02% | 0.0% |
| Lindt & Spruengli AG - Reg | $2,017,000 | -4.0% | 34 | 0.0% | 0.02% | 0.0% | ||
| CMCSA | Comcast Corp New Cl A | $1,933,000 | +0.2% | 35,949 | 0.0% | 0.02% | 0.0% | |
| PNC | Sell | PNC Bank Corp | $1,835,000 | -4.3% | 21,444 | -0.5% | 0.02% | -5.6% |
| EVF | Buy | Eaton Vance Sr Income TR SFsh ben int | $1,784,000 | -3.8% | 274,031 | +0.7% | 0.02% | 0.0% |
| SBMRY | Buy | SABMiller PLC Sponsored ADR | $1,740,000 | -0.8% | 31,310 | +3.4% | 0.02% | 0.0% |
| Sell | Pargesa Holding AG - B | $1,659,000 | -22.9% | 20,850 | -12.9% | 0.02% | -20.0% | |
| Anheuser-Busch InBev | $1,670,000 | -3.1% | 15,000 | 0.0% | 0.02% | 0.0% | ||
| BBT | Buy | BB&T Corp | $1,548,000 | -5.0% | 41,599 | +0.6% | 0.02% | 0.0% |
| WMT | Sell | Wal Mart Stores Inc | $1,587,000 | +0.6% | 20,759 | -1.2% | 0.02% | 0.0% |
| PDRDY | Buy | Pernod-Ricard SA-Unspon ADR | $1,541,000 | +1.8% | 68,050 | +8.0% | 0.02% | +7.1% |
| BTI | Buy | British Amern Tob PLC ADR | $1,583,000 | -3.7% | 13,999 | +1.4% | 0.02% | 0.0% |
| CFRUY | Buy | CIE Financiere Richemont-Unsp | $1,549,000 | -14.5% | 188,875 | +9.4% | 0.02% | -11.8% |
| Unilever NV | $1,414,000 | -9.0% | 35,500 | 0.0% | 0.01% | -7.1% | ||
| Sell | A P Moller-Maersk A/S | $1,348,000 | -2.7% | 583 | -1.0% | 0.01% | 0.0% | |
| Buy | Loreal SA | $1,146,000 | -6.6% | 7,220 | +1.4% | 0.01% | 0.0% | |
| SWZ | Swiss Helvetia FD Inc | $962,000 | -7.1% | 71,097 | 0.0% | 0.01% | -10.0% | |
| BAC | Bank Amer Corp | $844,000 | +10.9% | 49,500 | 0.0% | 0.01% | +14.3% | |
| FULT | Sell | Fulton Finl Corp | $717,000 | -27.9% | 64,688 | -19.4% | 0.01% | -22.2% |
| CBI | Sell | Chicago Bridge & Iron Co NV | $696,000 | -20.1% | 12,025 | -5.9% | 0.01% | -12.5% |
| LAMR | Sell | Lamar Advertising Cl A | $756,000 | -34.5% | 15,360 | -29.5% | 0.01% | -36.4% |
| COP | Sell | Conocophillips | $716,000 | -19.5% | 9,356 | -9.8% | 0.01% | -12.5% |
| COST | Costco Whsl Corp | $709,000 | +8.9% | 5,655 | 0.0% | 0.01% | +16.7% | |
| DIS | Disney Walt Productions | $588,000 | +3.9% | 6,600 | 0.0% | 0.01% | +20.0% | |
| PGR | Progressive Corp Ohio | $509,000 | -0.4% | 20,133 | 0.0% | 0.01% | 0.0% | |
| PXD | Pioneer Nat Res | $532,000 | -14.2% | 2,700 | 0.0% | 0.01% | -16.7% | |
| GOOG | Sell | Google Inc Cl C | $502,000 | -13.7% | 869 | -14.0% | 0.01% | 0.0% |
| GOOGL | Sell | Google Inc Cl A | $520,000 | -13.3% | 884 | -13.8% | 0.01% | -16.7% |
| ORCL | Oracle Corp | $383,000 | -5.4% | 10,000 | 0.0% | 0.00% | 0.0% | |
| GD | General Dynamics Corp | $381,000 | +8.9% | 3,000 | 0.0% | 0.00% | +33.3% | |
| UNP | Union Pac Corp | $296,000 | +8.8% | 2,730 | 0.0% | 0.00% | 0.0% | |
| GE | Buy | General Electric | $299,000 | +6.8% | 11,663 | +9.4% | 0.00% | 0.0% |
| SLB | Buy | Schlumberger LTD | $292,000 | -12.3% | 2,875 | +1.8% | 0.00% | 0.0% |
| NTRS | Northern Trust Corp | $295,000 | +6.1% | 4,334 | 0.0% | 0.00% | 0.0% | |
| J106OPTLDIV | New | CBS Outdoor Americas Inc | $286,000 | – | 9,555 | +100.0% | 0.00% | – |
| CSL | Sell | Carlisle Inc | $313,000 | -60.3% | 3,900 | -57.1% | 0.00% | -57.1% |
| HTLD | Heartland Express Inc | $347,000 | +12.3% | 14,499 | 0.0% | 0.00% | 0.0% | |
| BP | BP PLC ADR | $348,000 | -16.7% | 7,923 | 0.0% | 0.00% | -25.0% | |
| Schibsted A/S | $334,000 | +4.4% | 6,150 | 0.0% | 0.00% | 0.0% | ||
| AIG | American Intl Group Inc | $324,000 | -0.9% | 6,000 | 0.0% | 0.00% | 0.0% | |
| MCD | McDonalds Corp | $348,000 | -5.9% | 3,670 | 0.0% | 0.00% | 0.0% | |
| PSX | Phillips 66 | $221,000 | +0.9% | 2,720 | 0.0% | 0.00% | 0.0% | |
| NLSN | Buy | Nielsen NV | $213,000 | -4.5% | 4,800 | +4.3% | 0.00% | 0.0% |
| Buy | Groupe Danone | $248,000 | -4.6% | 3,700 | +5.7% | 0.00% | 0.0% | |
| MAT | Mattel Inc | $203,000 | -21.3% | 6,625 | 0.0% | 0.00% | 0.0% | |
| Hanjaya Mandala Sampoerna | $177,000 | +4.1% | 30,000 | 0.0% | 0.00% | 0.0% | ||
| MRK | Sell | Merck Inc | $257,000 | +1.2% | 4,336 | -1.1% | 0.00% | 0.0% |
| Buy | Templeton Global Bond FDsh ben int | $260,000 | -0.8% | 19,693 | +0.0% | 0.00% | 0.0% | |
| PZ Cussons PLC | $89,000 | 0.0% | 15,000 | 0.0% | 0.00% | 0.0% | ||
| Pimco High Yield Fun-Instlsh ben int | $105,000 | -3.7% | 11,116 | 0.0% | 0.00% | 0.0% | ||
| SUSQ | Sell | Susquehanna Bancshrs Inc | $151,000 | -15.6% | 15,125 | -10.8% | 0.00% | -50.0% |
| Cir SPA | $142,000 | -24.5% | 125,000 | 0.0% | 0.00% | -50.0% | ||
| CSFL | Centerstate BKS FLA Inc | $114,000 | -7.3% | 11,004 | 0.0% | 0.00% | 0.0% | |
| Buy | LT Group Inc | $52,000 | +108.0% | 150,000 | +100.0% | 0.00% | – | |
| MON | Exit | Monsanto | $0 | – | -1,700 | -100.0% | -0.00% | – |
| Exit | NHST Media Group | $0 | – | -19,772 | -100.0% | -0.01% | – | |
| Exit | Berner Gruppen | $0 | – | -116,554 | -100.0% | -0.06% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2014-11-13
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.