$12 Billion is the total value of Gardner Russo & Gardner's 100 reported holdings in Q3 2016. The portfolio turnover from Q2 2016 to Q3 2016 was 10.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NSRGY | Sell | Nestle SA-Spons ADR | $1,248,980,000 | +2.2% | 15,816,601 | -0.1% | 10.39% | +1.6% |
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,077,640,000 | -0.6% | 4,984 | -0.3% | 8.97% | -1.3% |
| PM | Sell | Philip Morris International In | $1,002,728,000 | -6.0% | 10,314,013 | -1.7% | 8.34% | -6.6% |
| MA | Buy | Mastercard Inc Cl A | $994,815,000 | +16.0% | 9,775,132 | +0.4% | 8.28% | +15.2% |
| Sell | Heineken Holding NV | $867,056,000 | -1.4% | 10,808,907 | -0.1% | 7.21% | -2.0% | |
| BUD | Buy | Anheuser-Busch InBev ADR | $866,276,000 | +0.8% | 6,592,165 | +1.0% | 7.21% | +0.1% |
| Sell | Pernod Ricard | $745,447,000 | +6.4% | 6,296,414 | -0.1% | 6.20% | +5.7% | |
| Buy | Compagnie Financiere Richemont | $728,665,000 | +7.2% | 11,931,897 | +2.2% | 6.06% | +6.5% | |
| WFC | Buy | Wells Fargo | $700,003,000 | -2.6% | 15,808,558 | +4.1% | 5.82% | -3.2% |
| UN | Buy | Unilever NV ADR | $660,275,000 | -1.8% | 14,322,660 | +0.0% | 5.49% | -2.4% |
| BRKB | Buy | Berkshire Hathaway Inc Cl B | $374,394,000 | +0.0% | 2,591,501 | +0.3% | 3.12% | -0.6% |
| MO | Sell | Altria Group Inc | $372,636,000 | -8.8% | 5,893,334 | -0.6% | 3.10% | -9.4% |
| MLM | Sell | Martin Marietta Materials | $370,639,000 | -7.4% | 2,069,336 | -0.8% | 3.08% | -8.1% |
| Sell | British American Tobacco PLC | $323,915,000 | -1.7% | 5,057,949 | -0.6% | 2.70% | -2.3% | |
| Buy | The Swatch Group AG-BR | $277,016,000 | -1.2% | 977,574 | +1.3% | 2.30% | -1.8% | |
| Buy | Diageo PLC | $268,509,000 | +3.2% | 9,351,031 | +0.2% | 2.23% | +2.5% | |
| CMCSA | Sell | Comcast Corp New Cl A | $250,776,000 | +0.8% | 3,780,163 | -0.9% | 2.09% | +0.2% |
| BFA | Buy | Brown-Forman Corp Cl A | $235,303,000 | -9.5% | 4,729,714 | +96.4% | 1.96% | -10.1% |
| Buy | JC Decaux SA ACT | $203,473,000 | -0.2% | 6,291,096 | +4.2% | 1.69% | -0.8% | |
| SNI | Sell | Scripps Networks Interactive C | $74,795,000 | +1.8% | 1,178,056 | -0.2% | 0.62% | +1.0% |
| BFB | Buy | Brown-Forman Corp Cl B | $59,574,000 | +1.3% | 1,255,769 | +113.1% | 0.50% | +0.8% |
| DEO | Buy | Diageo PLC Sponsored ADR | $55,933,000 | +4.1% | 482,019 | +1.2% | 0.46% | +3.3% |
| V | Buy | Visa Inc Cl A | $44,825,000 | +11.7% | 542,014 | +0.2% | 0.37% | +11.0% |
| XOM | Sell | Exxon Mobil Corp | $14,254,000 | -9.0% | 163,315 | -2.3% | 0.12% | -9.2% |
| FMX | Buy | Fomento Economico Mex Sp ADR | $11,474,000 | +0.3% | 124,665 | +0.8% | 0.10% | -1.0% |
| MKL | Sell | Markel Corp | $11,133,000 | -4.8% | 11,987 | -2.3% | 0.09% | -5.1% |
| Sell | Swedish Match AB | $11,058,000 | +5.5% | 300,938 | -0.9% | 0.09% | +4.5% | |
| New | Anheuser-Busch InBev SA | $9,993,000 | – | 76,260 | +100.0% | 0.08% | – | |
| AXP | Buy | American Express | $9,967,000 | +6.6% | 155,638 | +1.2% | 0.08% | +6.4% |
| DANOY | Sell | Danone ADR | $9,884,000 | +5.2% | 665,770 | -0.2% | 0.08% | +3.8% |
| CR | Sell | Crane | $9,687,000 | +9.2% | 153,741 | -1.7% | 0.08% | +9.5% |
| KO | Sell | Coca-Cola | $7,867,000 | -12.0% | 185,892 | -5.7% | 0.06% | -13.3% |
| PG | Sell | Procter & Gamble | $7,072,000 | +4.3% | 78,792 | -1.6% | 0.06% | +3.5% |
| MLHR | Sell | Herman Miller Inc | $6,393,000 | -5.8% | 223,543 | -1.5% | 0.05% | -7.0% |
| HRL | Sell | Hormel Foods Corp | $6,215,000 | +2.4% | 163,849 | -1.2% | 0.05% | +2.0% |
| OUT | Buy | Outfront Media Inc | $5,929,000 | -1.7% | 250,700 | +0.4% | 0.05% | -3.9% |
| JPMWS | Buy | JP Morgan Chase & Co WTS Exp 1wts | $5,782,000 | +22.4% | 234,750 | +0.6% | 0.05% | +20.0% |
| DOV | Buy | Dover Corp | $4,590,000 | +10.2% | 62,326 | +3.7% | 0.04% | +8.6% |
| Heineken NV | $4,382,000 | -4.3% | 49,788 | 0.0% | 0.04% | -5.3% | ||
| PEP | Buy | Pepsico Inc | $4,031,000 | +8.2% | 37,062 | +5.4% | 0.03% | +9.7% |
| Sell | SABMiller PLC | $3,840,000 | -2.8% | 65,760 | -2.7% | 0.03% | -3.0% | |
| CVX | Sell | Chevron Corp | $3,658,000 | -9.5% | 35,542 | -7.8% | 0.03% | -11.8% |
| MKC | Sell | McCormick Inc | $3,498,000 | -12.4% | 35,005 | -6.5% | 0.03% | -12.1% |
| MTBWS | M&T Bank Corp Wts Exp 12/23/1wts | $3,474,000 | -2.6% | 82,139 | 0.0% | 0.03% | -3.3% | |
| WFCWS | Buy | Wells Fargo WTS Exp 10/28/18wts | $3,345,000 | -4.8% | 268,000 | +3.9% | 0.03% | -3.4% |
| Nestle SA-REG | $3,262,000 | +2.4% | 41,310 | 0.0% | 0.03% | 0.0% | ||
| Sell | BIC | $3,214,000 | +3.7% | 21,725 | -1.1% | 0.03% | +3.8% | |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $2,900,000 | -10.3% | 57,920 | -1.1% | 0.02% | -11.1% |
| MSFT | Buy | Microsoft Corp | $2,912,000 | +13.5% | 50,550 | +0.8% | 0.02% | +14.3% |
| Sell | Reckitt Benckiser Group PLC | $2,787,000 | -6.7% | 29,537 | -1.0% | 0.02% | -8.0% | |
| DD | Sell | Du Pont E I De Nemours | $2,524,000 | +3.3% | 37,687 | -0.1% | 0.02% | +5.0% |
| Lindt & Spruengli AG - Reg | $2,326,000 | -4.2% | 34 | 0.0% | 0.02% | -5.0% | ||
| PNC | Buy | PNC Bank Corp | $2,145,000 | +62.6% | 23,810 | +46.9% | 0.02% | +63.6% |
| KHC | Kraft Heinz Co | $1,920,000 | +1.2% | 21,450 | 0.0% | 0.02% | 0.0% | |
| EVF | Sell | Eaton Vance Sr Income TR SFsh ben int | $1,846,000 | +6.6% | 286,696 | -0.5% | 0.02% | 0.0% |
| Unilever NV | $1,731,000 | -0.9% | 37,500 | 0.0% | 0.01% | -6.7% | ||
| WMT | Sell | Wal Mart Stores Inc | $1,643,000 | -15.7% | 22,775 | -14.6% | 0.01% | -12.5% |
| HEINY | Buy | Heineken NV Spons ADR | $1,707,000 | -3.2% | 38,802 | +1.1% | 0.01% | -6.7% |
| IBM | Sell | I B M | $1,707,000 | -0.2% | 10,749 | -4.7% | 0.01% | 0.0% |
| GS | Goldman Sachs Group Inc | $1,515,000 | +8.5% | 9,393 | 0.0% | 0.01% | +8.3% | |
| BBT | Sell | BB&T Corp | $1,425,000 | -3.5% | 37,787 | -8.9% | 0.01% | 0.0% |
| GOOG | Alphabet Inc Cl C | $1,325,000 | +12.4% | 1,704 | 0.0% | 0.01% | +10.0% | |
| CFRUY | Buy | CIE Financiere Richemont-Unsp | $1,332,000 | +6.1% | 218,125 | +1.2% | 0.01% | 0.0% |
| PDRDY | Sell | Pernod-Ricard SA-Unspon ADR | $1,331,000 | +5.7% | 56,225 | -0.7% | 0.01% | 0.0% |
| GOOGL | Alphabet Inc Cl A | $1,276,000 | +14.2% | 1,587 | 0.0% | 0.01% | +22.2% | |
| FULT | Buy | Fulton Finl Corp | $1,357,000 | +187.5% | 93,443 | +167.5% | 0.01% | +175.0% |
| Pargesa Holding AG - B | $1,195,000 | +4.2% | 17,401 | 0.0% | 0.01% | 0.0% | ||
| Sell | Loreal SA | $1,261,000 | -1.9% | 6,675 | -0.7% | 0.01% | -9.1% | |
| ABBV | AbbVie Inc | $1,079,000 | +1.9% | 17,106 | 0.0% | 0.01% | 0.0% | |
| COST | Costco Whsl Corp | $994,000 | -2.8% | 6,516 | 0.0% | 0.01% | -11.1% | |
| LAMR | Sell | Lamar Advertising Co-A | $913,000 | -6.1% | 13,985 | -4.6% | 0.01% | 0.0% |
| BAC | Bank Amer Corp | $800,000 | +18.0% | 51,100 | 0.0% | 0.01% | +16.7% | |
| Sell | A P Moller-Maersk A/S | $785,000 | +8.7% | 559 | -3.0% | 0.01% | +16.7% | |
| BTI | Sell | British Amern Tob PLC ADR | $702,000 | -1.7% | 5,496 | -0.4% | 0.01% | 0.0% |
| ABT | Abbott Labs | $694,000 | +7.6% | 16,400 | 0.0% | 0.01% | +20.0% | |
| VMC | New | Vulcan Materials | $557,000 | – | 4,900 | +100.0% | 0.01% | – |
| NLSN | Nielsen Holdings PLC ORD | $589,000 | +3.2% | 10,986 | 0.0% | 0.01% | 0.0% | |
| DIS | Disney Walt Productions | $455,000 | -5.2% | 4,903 | 0.0% | 0.00% | 0.0% | |
| PXD | Pioneer Nat Res | $501,000 | +22.8% | 2,700 | 0.0% | 0.00% | +33.3% | |
| SWGAY | The Swatch Group AG ADR | $519,000 | -2.4% | 36,650 | 0.0% | 0.00% | 0.0% | |
| ORLY | O Reilly Automotive Inc | $308,000 | +3.4% | 1,100 | 0.0% | 0.00% | +50.0% | |
| MCD | Sell | McDonalds Corp | $419,000 | -4.3% | 3,630 | -0.3% | 0.00% | -25.0% |
| SLB | New | Schlumberger LTD | $417,000 | – | 5,300 | +100.0% | 0.00% | – |
| AIG | American Intl Group Inc | $356,000 | +12.3% | 6,000 | 0.0% | 0.00% | 0.0% | |
| Y | Alleghany Corp | $221,000 | -4.3% | 421 | 0.0% | 0.00% | 0.0% | |
| GE | General Electric | $274,000 | -5.8% | 9,246 | 0.0% | 0.00% | 0.0% | |
| UNP | Union Pac Corp | $245,000 | +11.9% | 2,510 | 0.0% | 0.00% | 0.0% | |
| HTLD | Heartland Express Inc | $236,000 | +8.8% | 12,499 | 0.0% | 0.00% | 0.0% | |
| MMM | 3M Company | $269,000 | +0.7% | 1,525 | 0.0% | 0.00% | 0.0% | |
| COP | Conocophillips | $212,000 | -0.5% | 4,888 | 0.0% | 0.00% | 0.0% | |
| Hanjaya Mandala Sampoerna | $208,000 | +5.1% | 687,500 | 0.0% | 0.00% | 0.0% | ||
| MAT | Mattel Inc | $201,000 | -2.9% | 6,625 | 0.0% | 0.00% | 0.0% | |
| Groupe Danone | $265,000 | +5.2% | 3,575 | 0.0% | 0.00% | 0.0% | ||
| CSL | Sell | Carlisle Inc | $256,000 | -10.2% | 2,500 | -7.4% | 0.00% | 0.0% |
| CSFL | Centerstate BKS FLA Inc | $177,000 | +12.0% | 10,004 | 0.0% | 0.00% | 0.0% | |
| Bollore | $104,000 | +2.0% | 30,000 | 0.0% | 0.00% | 0.0% | ||
| Indivior PLC | $110,000 | +19.6% | 27,527 | 0.0% | 0.00% | 0.0% | ||
| PZ Cussons PLC | $71,000 | +7.6% | 15,000 | 0.0% | 0.00% | 0.0% | ||
| Cir SPA | $128,000 | -5.2% | 125,000 | 0.0% | 0.00% | 0.0% | ||
| LT Group Inc | $47,000 | -7.8% | 150,000 | 0.0% | 0.00% | – | ||
| USB | Exit | US Bancorp | $0 | – | -6,000 | -100.0% | -0.00% | – |
| JNJ | Exit | Johnson & Johnson | $0 | – | -2,050 | -100.0% | -0.00% | – |
| GD | Exit | General Dynamics Corp | $0 | – | -1,600 | -100.0% | -0.00% | – |
| ORCL | Exit | Oracle Corp | $0 | – | -5,000 | -100.0% | -0.00% | – |
| BP | Exit | BP PLC ADR | $0 | – | -5,696 | -100.0% | -0.00% | – |
| PX | Exit | Praxair Inc | $0 | – | -2,900 | -100.0% | -0.00% | – |
| PFE | Exit | Pfizer Inc | $0 | – | -19,900 | -100.0% | -0.01% | – |
| Exit | Anheuser-Busch InBev | $0 | – | -15,000 | -100.0% | -0.02% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2016-11-14
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.