$11 Billion is the total value of Gardner Russo & Gardner's 110 reported holdings in Q4 2014. The portfolio turnover from Q3 2014 to Q4 2014 was 8.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,143,560,000 | +8.8% | 5,060 | -0.4% | 10.41% | +5.2% |
| NSRGY | Buy | Nestle SA-Spons ADR | $1,129,079,000 | +2.5% | 15,379,148 | +2.7% | 10.28% | -0.8% |
| MA | Buy | Mastercard Inc Cl A | $860,073,000 | +16.9% | 9,982,281 | +0.3% | 7.83% | +13.0% |
| PM | Sell | Philip Morris International In | $804,233,000 | -5.9% | 9,873,952 | -3.7% | 7.32% | -9.0% |
| WFC | Sell | Wells Fargo | $800,784,000 | +5.5% | 14,607,509 | -0.2% | 7.29% | +2.0% |
| Buy | Compagnie Financiere Richemont | $710,970,000 | +19.7% | 7,914,743 | +9.3% | 6.48% | +15.8% | |
| Buy | Heineken Holding NV | $674,220,000 | -3.2% | 10,729,489 | +1.9% | 6.14% | -6.3% | |
| Buy | SABMiller PLC | $611,469,000 | -4.8% | 11,667,753 | +0.9% | 5.57% | -7.9% | |
| Buy | Pernod Ricard | $591,333,000 | +0.5% | 5,296,807 | +2.0% | 5.38% | -2.7% | |
| BUD | Buy | Anheuser-Busch InBev ADR | $578,145,000 | +2.3% | 5,147,302 | +1.0% | 5.26% | -1.0% |
| UN | Buy | Unilever NV ADR | $546,577,000 | +3.6% | 14,000,433 | +5.3% | 4.98% | +0.2% |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $367,731,000 | +8.3% | 2,449,094 | -0.3% | 3.35% | +4.8% |
| MO | Sell | Altria Group Inc | $342,129,000 | +4.8% | 6,943,963 | -2.3% | 3.12% | +1.4% |
| CMCSK | Sell | Comcast Corp Special Cl A | $267,492,000 | +6.0% | 4,646,790 | -1.5% | 2.44% | +2.6% |
| Buy | British American Tobacco PLC | $266,846,000 | -1.8% | 4,889,618 | +1.5% | 2.43% | -5.0% | |
| Buy | Diageo PLC | $248,700,000 | -0.2% | 8,628,560 | +0.2% | 2.26% | -3.5% | |
| BFA | Sell | Brown-Forman Corp Cl A | $247,218,000 | -2.1% | 2,816,975 | -0.6% | 2.25% | -5.3% |
| MLM | Buy | Martin Marietta Materials | $225,926,000 | -11.3% | 2,047,918 | +3.7% | 2.06% | -14.2% |
| SNI | Sell | Scripps Networks Interactive C | $94,475,000 | -5.4% | 1,255,149 | -1.9% | 0.86% | -8.5% |
| GHC | Sell | Graham Holdings Co | $51,308,000 | +10.9% | 59,404 | -10.2% | 0.47% | +7.1% |
| Buy | JC Decaux SA ACT | $50,948,000 | +9.6% | 1,473,971 | +0.1% | 0.46% | +6.2% | |
| DEO | Buy | Diageo PLC Sponsored ADR | $49,430,000 | -0.7% | 433,253 | +0.4% | 0.45% | -4.1% |
| BFB | Sell | Brown-Forman Corp Cl B | $37,494,000 | -4.0% | 426,850 | -1.4% | 0.34% | -7.3% |
| Buy | The Swatch Group AG-BR | $32,789,000 | +8.5% | 72,971 | +14.8% | 0.30% | +5.3% | |
| V | Buy | Visa Inc Cl A | $30,054,000 | +24.9% | 114,624 | +1.6% | 0.27% | +20.7% |
| XOM | Buy | Exxon Mobil Corp | $14,978,000 | -0.7% | 162,014 | +1.0% | 0.14% | -4.2% |
| AXP | Sell | American Express | $11,909,000 | +5.8% | 127,999 | -0.4% | 0.11% | +1.9% |
| MKL | Sell | Markel Corp | $11,281,000 | -1.2% | 16,521 | -7.9% | 0.10% | -3.7% |
| Sell | Swedish Match AB | $10,361,000 | -5.4% | 328,024 | -2.8% | 0.09% | -8.7% | |
| PG | Sell | Procter & Gamble | $10,242,000 | +1.5% | 112,437 | -6.7% | 0.09% | -2.1% |
| CR | Sell | Crane | $9,871,000 | -7.4% | 168,152 | -0.3% | 0.09% | -10.0% |
| MLHR | Sell | Herman Miller Inc | $9,806,000 | -4.9% | 333,204 | -3.5% | 0.09% | -8.2% |
| FMX | Sell | Fomento Economico Mex Sp ADR | $9,484,000 | -5.9% | 107,740 | -1.6% | 0.09% | -9.5% |
| KO | Sell | Coca-Cola | $8,611,000 | -1.6% | 203,967 | -0.6% | 0.08% | -4.9% |
| PCP | Buy | Precision Castparts Corp | $5,947,000 | +1.7% | 24,690 | +0.0% | 0.05% | -1.8% |
| ABBV | Sell | AbbVie Inc | $5,675,000 | +13.2% | 86,718 | -0.1% | 0.05% | +10.6% |
| HRL | Sell | Hormel Foods Corp | $5,593,000 | -2.0% | 107,357 | -3.3% | 0.05% | -5.6% |
| DOV | Sell | Dover Corp | $5,433,000 | -11.5% | 75,756 | -0.9% | 0.05% | -15.5% |
| CVX | Sell | Chevron Corp | $5,007,000 | -11.5% | 44,630 | -5.9% | 0.05% | -13.2% |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $4,690,000 | -13.0% | 70,045 | -1.1% | 0.04% | -15.7% |
| PEP | Sell | Pepsico Inc | $3,997,000 | -1.0% | 42,264 | -2.6% | 0.04% | -5.3% |
| ABT | Sell | Abbott Labs | $3,845,000 | +6.9% | 85,400 | -1.3% | 0.04% | +2.9% |
| WFCWS | Wells Fargo WTS Exp 10/28/18wts | $3,797,000 | +6.0% | 177,750 | 0.0% | 0.04% | +2.9% | |
| JPMWS | JP Morgan Chase & Co WTS Exp 1wts | $3,760,000 | +3.4% | 180,750 | 0.0% | 0.03% | 0.0% | |
| Heineken NV | $3,709,000 | -4.7% | 51,991 | 0.0% | 0.03% | -8.1% | ||
| Buy | Nestle SA-REG | $3,786,000 | +24.7% | 51,310 | +24.2% | 0.03% | +17.2% | |
| GS | Sell | Goldman Sachs Group Inc | $3,657,000 | -13.0% | 18,868 | -17.6% | 0.03% | -17.5% |
| MKC | McCormick Inc | $3,177,000 | +11.1% | 42,755 | 0.0% | 0.03% | +7.4% | |
| MTBWS | Buy | M&T Bank Corp Wts Exp 12/23/1wts | $3,178,000 | +22.1% | 61,500 | +18.3% | 0.03% | +16.0% |
| MSFT | Sell | Microsoft Corp | $2,766,000 | -0.3% | 59,550 | -0.5% | 0.02% | -3.8% |
| Sell | BIC | $2,675,000 | -0.9% | 20,125 | -3.8% | 0.02% | -4.0% | |
| DD | Buy | Du Pont E I De Nemours | $2,651,000 | +10.2% | 35,852 | +6.9% | 0.02% | +4.3% |
| DANOY | Sell | Danone ADR | $2,666,000 | -1.8% | 202,350 | -0.2% | 0.02% | -7.7% |
| Buy | Reckitt Benckiser Group PLC | $2,470,000 | -6.2% | 30,402 | +0.1% | 0.02% | -12.0% | |
| CMCSA | Buy | Comcast Corp New Cl A | $2,096,000 | +8.4% | 36,131 | +0.5% | 0.02% | +5.6% |
| Lindt & Spruengli AG - Reg | $1,966,000 | -2.5% | 34 | 0.0% | 0.02% | -5.3% | ||
| HEINY | Sell | Heineken NV Spons ADR | $1,852,000 | -9.3% | 51,937 | -4.8% | 0.02% | -10.5% |
| EVF | Buy | Eaton Vance Sr Income TR SFsh ben int | $1,722,000 | -3.5% | 275,982 | +0.7% | 0.02% | -5.9% |
| Anheuser-Busch InBev | $1,704,000 | +2.0% | 15,000 | 0.0% | 0.02% | 0.0% | ||
| WMT | Sell | Wal Mart Stores Inc | $1,770,000 | +11.5% | 20,609 | -0.7% | 0.02% | +6.7% |
| PNC | Sell | PNC Bank Corp | $1,728,000 | -5.8% | 18,944 | -11.7% | 0.02% | -5.9% |
| CFRUY | Sell | CIE Financiere Richemont-Unsp | $1,683,000 | +8.7% | 188,300 | -0.3% | 0.02% | 0.0% |
| BBT | Buy | BB&T Corp | $1,628,000 | +5.2% | 41,860 | +0.6% | 0.02% | 0.0% |
| SBMRY | Sell | SABMiller PLC Sponsored ADR | $1,570,000 | -9.8% | 29,950 | -4.3% | 0.01% | -12.5% |
| IBM | Sell | I B M | $1,580,000 | -20.4% | 9,849 | -5.8% | 0.01% | -26.3% |
| Sell | Pargesa Holding AG - B | $1,578,000 | -4.9% | 20,250 | -2.9% | 0.01% | -12.5% | |
| PX | Sell | Praxair Inc | $1,542,000 | -23.6% | 11,900 | -24.0% | 0.01% | -26.3% |
| BTI | Sell | British Amern Tob PLC ADR | $1,494,000 | -5.6% | 13,855 | -1.0% | 0.01% | -6.7% |
| Buy | Unilever NV | $1,481,000 | +4.7% | 37,500 | +5.6% | 0.01% | 0.0% | |
| PDRDY | Sell | Pernod-Ricard SA-Unspon ADR | $1,435,000 | -6.9% | 64,250 | -5.6% | 0.01% | -13.3% |
| Sell | Loreal SA | $1,200,000 | +4.7% | 7,120 | -1.4% | 0.01% | 0.0% | |
| Sell | A P Moller-Maersk A/S | $1,115,000 | -17.3% | 571 | -2.1% | 0.01% | -23.1% | |
| BAC | Bank Amer Corp | $886,000 | +5.0% | 49,500 | 0.0% | 0.01% | 0.0% | |
| COST | Costco Whsl Corp | $802,000 | +13.1% | 5,655 | 0.0% | 0.01% | 0.0% | |
| SWZ | Swiss Helvetia FD Inc | $792,000 | -17.7% | 71,097 | 0.0% | 0.01% | -22.2% | |
| LAMR | New | Lamar Advertising Co-A | $797,000 | – | 14,860 | +100.0% | 0.01% | – |
| DIS | Disney Walt Productions | $622,000 | +5.8% | 6,600 | 0.0% | 0.01% | 0.0% | |
| GOOG | Buy | Google Inc Cl C | $615,000 | +22.5% | 1,169 | +34.5% | 0.01% | +20.0% |
| GOOGL | Buy | Google Inc Cl A | $642,000 | +23.5% | 1,209 | +36.8% | 0.01% | +20.0% |
| FULT | Sell | Fulton Finl Corp | $664,000 | -7.4% | 53,688 | -17.0% | 0.01% | -14.3% |
| COP | Sell | Conocophillips | $577,000 | -19.4% | 8,356 | -10.7% | 0.01% | -28.6% |
| CBI | Chicago Bridge & Iron Co NV | $505,000 | -27.4% | 12,025 | 0.0% | 0.01% | -28.6% | |
| PXD | Pioneer Nat Res | $402,000 | -24.4% | 2,700 | 0.0% | 0.00% | -20.0% | |
| ORCL | Oracle Corp | $450,000 | +17.5% | 10,000 | 0.0% | 0.00% | 0.0% | |
| Schibsted A/S | $393,000 | +17.7% | 6,150 | 0.0% | 0.00% | +33.3% | ||
| HTLD | Heartland Express Inc | $392,000 | +13.0% | 14,499 | 0.0% | 0.00% | +33.3% | |
| GD | General Dynamics Corp | $413,000 | +8.4% | 3,000 | 0.0% | 0.00% | 0.0% | |
| GE | Sell | General Electric | $295,000 | -1.3% | 11,661 | -0.0% | 0.00% | 0.0% |
| CSL | Sell | Carlisle Inc | $316,000 | +1.0% | 3,500 | -10.3% | 0.00% | 0.0% |
| OUT | New | Outfront Media Inc | $334,000 | – | 12,453 | +100.0% | 0.00% | – |
| MCD | McDonalds Corp | $344,000 | -1.1% | 3,670 | 0.0% | 0.00% | 0.0% | |
| UNP | Union Pac Corp | $325,000 | +9.8% | 2,730 | 0.0% | 0.00% | 0.0% | |
| AIG | American Intl Group Inc | $336,000 | +3.7% | 6,000 | 0.0% | 0.00% | 0.0% | |
| BP | Buy | BP PLC ADR | $302,000 | -13.2% | 7,925 | +0.0% | 0.00% | 0.0% |
| Hanjaya Mandala Sampoerna | $165,000 | -6.8% | 30,000 | 0.0% | 0.00% | 0.0% | ||
| SUSQ | Sell | Susquehanna Bancshrs Inc | $188,000 | +24.5% | 14,000 | -7.4% | 0.00% | +100.0% |
| Sell | Templeton Global Bond FDsh ben int | $230,000 | -11.5% | 18,537 | -5.9% | 0.00% | 0.0% | |
| NTRS | Sell | Northern Trust Corp | $231,000 | -21.7% | 3,432 | -20.8% | 0.00% | -33.3% |
| MRK | Merck Inc | $246,000 | -4.3% | 4,336 | 0.0% | 0.00% | 0.0% | |
| Groupe Danone | $244,000 | -1.6% | 3,700 | 0.0% | 0.00% | 0.0% | ||
| MAT | Mattel Inc | $205,000 | +1.0% | 6,625 | 0.0% | 0.00% | 0.0% | |
| NLSN | Buy | Nielsen NV | $219,000 | +2.8% | 4,900 | +2.1% | 0.00% | 0.0% |
| SLB | Schlumberger LTD | $246,000 | -15.8% | 2,875 | 0.0% | 0.00% | -33.3% | |
| Cir SPA | $132,000 | -7.0% | 125,000 | 0.0% | 0.00% | 0.0% | ||
| New | Indivior PLC | $71,000 | – | 30,357 | +100.0% | 0.00% | – | |
| New | Bollore | $137,000 | – | 30,000 | +100.0% | 0.00% | – | |
| CSFL | Centerstate BKS FLA Inc | $131,000 | +14.9% | 11,004 | 0.0% | 0.00% | 0.0% | |
| Pimco High Yield Fun-Instlsh ben int | $102,000 | -2.9% | 11,116 | 0.0% | 0.00% | 0.0% | ||
| PZ Cussons PLC | $72,000 | -19.1% | 15,000 | 0.0% | 0.00% | 0.0% | ||
| LT Group Inc | $41,000 | -21.2% | 150,000 | 0.0% | 0.00% | – | ||
| PSX | Exit | Phillips 66 | $0 | – | -2,720 | -100.0% | -0.00% | – |
| J106OPTLDIV | Exit | CBS Outdoor Americas Inc | $0 | – | -9,555 | -100.0% | -0.00% | – |
| PGR | Exit | Progressive Corp Ohio | $0 | – | -20,133 | -100.0% | -0.01% | – |
| LAMR | Exit | Lamar Advertising Cl A | $0 | – | -15,360 | -100.0% | -0.01% | – |
| DE | Exit | Deere & Co | $0 | – | -28,415 | -100.0% | -0.02% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2015-02-12
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.