$12.9 Billion is the total value of Gardner Russo & Gardner's 102 reported holdings in Q1 2017. The portfolio turnover from Q4 2016 to Q1 2017 was 5.2% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NSRGY | Buy | Nestle SA-Spons ADR | $1,229,622,000 | +7.6% | 15,989,885 | +0.4% | 9.52% | -1.6% |
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,219,768,000 | +1.7% | 4,882 | -0.6% | 9.44% | -7.0% |
| PM | Sell | Philip Morris International In | $1,164,430,000 | +22.8% | 10,313,815 | -0.5% | 9.01% | +12.3% |
| MA | Sell | Mastercard Inc Cl A | $1,071,338,000 | +8.0% | 9,525,546 | -0.8% | 8.29% | -1.2% |
| Buy | Compagnie Financiere Richemont | $942,725,000 | +19.3% | 11,914,401 | +0.0% | 7.30% | +9.1% | |
| Buy | Heineken Holding NV | $889,357,000 | +17.4% | 11,150,922 | +2.7% | 6.88% | +7.4% | |
| Buy | Anheuser-Busch InBev SA | $772,729,000 | +7.8% | 7,021,186 | +3.9% | 5.98% | -1.4% | |
| WFC | Sell | Wells Fargo | $759,975,000 | -5.8% | 13,653,885 | -6.7% | 5.88% | -13.8% |
| UN | Sell | Unilever NV ADR | $757,021,000 | +20.9% | 15,237,940 | -0.1% | 5.86% | +10.6% |
| Buy | Pernod Ricard | $748,096,000 | +10.6% | 6,307,031 | +1.3% | 5.79% | +1.2% | |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $416,567,000 | -0.2% | 2,499,201 | -2.5% | 3.22% | -8.7% |
| MLM | Sell | Martin Marietta Materials | $388,413,000 | -3.4% | 1,779,672 | -1.9% | 3.01% | -11.6% |
| MO | Sell | Altria Group Inc | $384,294,000 | +3.4% | 5,380,768 | -2.1% | 2.97% | -5.4% |
| Buy | The Swatch Group AG-BR | $374,310,000 | +18.2% | 1,044,510 | +2.8% | 2.90% | +8.1% | |
| Sell | British American Tobacco PLC | $338,748,000 | +15.4% | 5,111,336 | -0.6% | 2.62% | +5.5% | |
| CMCSA | Buy | Comcast Corp New Cl A | $268,539,000 | +7.4% | 7,143,906 | +97.3% | 2.08% | -1.8% |
| Buy | Diageo PLC | $267,358,000 | +10.4% | 9,363,233 | +0.8% | 2.07% | +1.0% | |
| Buy | JC Decaux SA ACT | $252,807,000 | +23.5% | 7,164,839 | +3.1% | 1.96% | +12.9% | |
| BFA | Sell | Brown-Forman Corp Cl A | $213,846,000 | -0.4% | 4,543,152 | -2.1% | 1.66% | -8.9% |
| SNI | Sell | Scripps Networks Interactive C | $90,330,000 | +8.6% | 1,152,605 | -1.1% | 0.70% | -0.7% |
| BFB | Buy | Brown-Forman Corp Cl B | $64,425,000 | +13.5% | 1,395,094 | +10.4% | 0.50% | +4.0% |
| DEO | Sell | Diageo PLC Sponsored ADR | $54,745,000 | +9.8% | 473,651 | -1.3% | 0.42% | +0.5% |
| V | Buy | Visa Inc Cl A | $48,894,000 | +16.0% | 550,171 | +1.9% | 0.38% | +5.9% |
| XOM | Buy | Exxon Mobil Corp | $13,281,000 | -8.0% | 161,941 | +1.2% | 0.10% | -15.6% |
| AXP | Buy | American Express | $12,736,000 | +8.4% | 160,993 | +1.5% | 0.10% | 0.0% |
| FMX | Buy | Fomento Economico Mex Sp ADR | $11,355,000 | +16.9% | 128,280 | +0.7% | 0.09% | +7.3% |
| MKL | Sell | Markel Corp | $10,990,000 | +3.3% | 11,262 | -4.3% | 0.08% | -5.6% |
| CR | Sell | Crane | $10,100,000 | +3.4% | 134,973 | -0.4% | 0.08% | -6.0% |
| DANOY | Buy | Danone ADR | $10,046,000 | +15.8% | 736,605 | +7.8% | 0.08% | +6.8% |
| Sell | Swedish Match AB | $9,105,000 | -4.6% | 278,868 | -6.8% | 0.07% | -13.6% | |
| OUT | Buy | Outfront Media Inc | $7,573,000 | +16.4% | 285,225 | +9.1% | 0.06% | +7.3% |
| KO | Sell | Coca-Cola | $7,332,000 | -3.2% | 172,757 | -5.5% | 0.06% | -10.9% |
| MLHR | Sell | Herman Miller Inc | $6,574,000 | -9.3% | 208,366 | -1.7% | 0.05% | -16.4% |
| PG | Sell | Procter & Gamble | $5,787,000 | +5.1% | 64,402 | -1.7% | 0.04% | -4.3% |
| HRL | Sell | Hormel Foods Corp | $5,425,000 | -3.9% | 156,649 | -3.5% | 0.04% | -12.5% |
| DOV | Sell | Dover Corp | $4,604,000 | +4.2% | 57,301 | -2.8% | 0.04% | -2.7% |
| Heineken NV | $4,249,000 | +13.5% | 49,788 | 0.0% | 0.03% | +3.1% | ||
| PEP | Sell | Pepsico Inc | $4,018,000 | +4.2% | 35,919 | -2.6% | 0.03% | -6.1% |
| JPMWS | Sell | JP Morgan Chase & Co WTS Exp 1wts | $3,950,000 | -44.5% | 85,300 | -46.9% | 0.03% | -48.3% |
| MKC | Sell | McCormick Inc | $3,298,000 | +2.9% | 33,805 | -1.6% | 0.03% | -3.7% |
| WFCWS | Sell | Wells Fargo WTS Exp 10/28/18wts | $3,362,000 | -29.3% | 151,500 | -32.1% | 0.03% | -35.0% |
| MSFT | Sell | Microsoft Corp | $3,253,000 | +3.6% | 49,400 | -2.3% | 0.02% | -7.4% |
| Nestle SA-REG | $3,172,000 | +6.8% | 41,310 | 0.0% | 0.02% | 0.0% | ||
| MTBWS | Sell | M&T Bank Corp Wts Exp 12/23/1wts | $3,228,000 | -37.5% | 40,000 | -38.5% | 0.02% | -43.2% |
| New | Anheuser-Busch InBev SA Restri | $3,115,000 | – | 28,305 | +100.0% | 0.02% | – | |
| DD | Buy | Du Pont E I De Nemours | $3,025,000 | +9.9% | 37,654 | +0.4% | 0.02% | 0.0% |
| CVX | Sell | Chevron Corp | $2,901,000 | -15.6% | 27,022 | -7.4% | 0.02% | -24.1% |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $2,847,000 | -6.8% | 53,990 | -3.9% | 0.02% | -15.4% |
| PNC | Sell | PNC Bank Corp | $2,776,000 | +2.3% | 23,090 | -0.5% | 0.02% | -8.7% |
| Sell | BIC | $2,589,000 | -20.9% | 20,725 | -13.7% | 0.02% | -28.6% | |
| Sell | Reckitt Benckiser Group PLC | $2,398,000 | -3.8% | 26,317 | -10.2% | 0.02% | -9.5% | |
| KHC | Buy | Kraft Heinz Co | $2,018,000 | +5.9% | 22,225 | +1.8% | 0.02% | 0.0% |
| GOOG | Buy | Alphabet Inc Cl C | $2,074,000 | +9.7% | 2,500 | +2.1% | 0.02% | 0.0% |
| EVF | Buy | Eaton Vance Sr Income TR SFsh ben int | $1,921,000 | +2.2% | 283,390 | +0.7% | 0.02% | -6.2% |
| Unilever NV | $1,943,000 | +20.8% | 39,000 | 0.0% | 0.02% | +7.1% | ||
| HEINY | Buy | Heineken NV Spons ADR | $1,895,000 | +32.9% | 44,395 | +17.0% | 0.02% | +25.0% |
| CFRUY | Buy | CIE Financiere Richemont-Unsp | $1,876,000 | +30.2% | 237,105 | +9.2% | 0.02% | +25.0% |
| Sell | Lindt & Spruengli AG - Reg | $1,728,000 | -16.6% | 26 | -23.5% | 0.01% | -27.8% | |
| PDRDY | Buy | Pernod-Ricard SA-Unspon ADR | $1,541,000 | +25.7% | 64,945 | +15.1% | 0.01% | +20.0% |
| GOOGL | Buy | Alphabet Inc Cl A | $1,536,000 | +23.3% | 1,812 | +15.3% | 0.01% | +9.1% |
| IBM | Sell | I B M | $1,595,000 | +0.6% | 9,159 | -4.1% | 0.01% | -7.7% |
| FULT | Sell | Fulton Finl Corp | $1,550,000 | -6.1% | 86,843 | -1.1% | 0.01% | -14.3% |
| Buy | Loreal SA | $1,427,000 | +16.9% | 7,405 | +10.9% | 0.01% | +10.0% | |
| COST | Sell | Costco Whsl Corp | $1,114,000 | +4.7% | 6,643 | -0.1% | 0.01% | 0.0% |
| BAC | Sell | Bank Amer Corp | $1,144,000 | +3.3% | 48,500 | -3.2% | 0.01% | 0.0% |
| Sell | Pargesa Holding AG - B | $1,033,000 | -9.0% | 14,601 | -16.1% | 0.01% | -20.0% | |
| BBT | Buy | BB&T Corp | $1,052,000 | -4.5% | 23,536 | +0.5% | 0.01% | -11.1% |
| LAMR | Sell | Lamar Advertising Co-A | $1,009,000 | +7.3% | 13,500 | -3.4% | 0.01% | 0.0% |
| ABBV | Sell | AbbVie Inc | $1,056,000 | -1.4% | 16,200 | -5.3% | 0.01% | -11.1% |
| SWGAY | Buy | The Swatch Group AG ADR | $735,000 | +29.2% | 41,010 | +12.3% | 0.01% | +20.0% |
| COTY | Sell | Coty Inc-CL A | $802,000 | -2.8% | 44,210 | -1.9% | 0.01% | -14.3% |
| WMT | Sell | Wal Mart Stores Inc | $722,000 | -29.1% | 10,019 | -32.0% | 0.01% | -33.3% |
| BTI | Buy | British Amern Tob PLC ADR | $790,000 | +26.4% | 11,912 | +114.8% | 0.01% | +20.0% |
| Sell | A P Moller-Maersk A/S | $743,000 | -12.2% | 459 | -17.9% | 0.01% | -14.3% | |
| ABT | Abbott Labs | $728,000 | +15.6% | 16,400 | 0.0% | 0.01% | +20.0% | |
| VMC | Buy | Vulcan Materials | $596,000 | -2.8% | 4,950 | +1.0% | 0.01% | 0.0% |
| NLSN | Buy | Nielsen Holdings PLC ORD | $582,000 | +21.8% | 14,091 | +23.8% | 0.01% | +25.0% |
| DIS | Disney Walt Productions | $533,000 | +8.8% | 4,703 | 0.0% | 0.00% | 0.0% | |
| PXD | Pioneer Nat Res | $503,000 | +3.5% | 2,700 | 0.0% | 0.00% | 0.0% | |
| MCD | McDonalds Corp | $470,000 | +6.3% | 3,630 | 0.0% | 0.00% | 0.0% | |
| New | Roche Holding AG | $365,000 | – | 1,429 | +100.0% | 0.00% | – | |
| AIG | American Intl Group Inc | $375,000 | -4.3% | 6,000 | 0.0% | 0.00% | 0.0% | |
| BUD | Sell | Anheuser-Busch InBev ADR | $408,000 | -97.7% | 3,720 | -97.8% | 0.00% | -98.0% |
| SLB | Sell | Schlumberger LTD | $401,000 | -7.6% | 5,140 | -0.5% | 0.00% | -25.0% |
| GE | General Electric | $211,000 | -5.8% | 7,080 | 0.0% | 0.00% | 0.0% | |
| CSFL | Sell | Centerstate BKS FLA Inc | $233,000 | -7.5% | 9,004 | -10.0% | 0.00% | 0.0% |
| Groupe Danone | $244,000 | +7.5% | 3,575 | 0.0% | 0.00% | 0.0% | ||
| Hanjaya Mandala Sampoerna | $201,000 | +3.1% | 687,500 | 0.0% | 0.00% | 0.0% | ||
| CC | New | Chemours Co | $261,000 | – | 6,779 | +100.0% | 0.00% | – |
| MON | New | Monsanto | $275,000 | – | 2,425 | +100.0% | 0.00% | – |
| Y | Alleghany Corp | $240,000 | +0.8% | 391 | 0.0% | 0.00% | 0.0% | |
| UNP | Union Pac Corp | $255,000 | +2.0% | 2,410 | 0.0% | 0.00% | 0.0% | |
| MMM | 3M Company | $292,000 | +7.4% | 1,525 | 0.0% | 0.00% | 0.0% | |
| COP | Conocophillips | $244,000 | -0.4% | 4,888 | 0.0% | 0.00% | 0.0% | |
| HTLD | Sell | Heartland Express Inc | $239,000 | -5.9% | 11,899 | -4.8% | 0.00% | 0.0% |
| ORLY | O Reilly Automotive Inc | $297,000 | -2.9% | 1,100 | 0.0% | 0.00% | -33.3% | |
| UNM | New | Unum Group | $211,000 | – | 4,500 | +100.0% | 0.00% | – |
| Sell | Indivior PLC | $97,000 | -3.0% | 24,037 | -12.1% | 0.00% | 0.0% | |
| Cir SPA | $191,000 | +40.4% | 125,000 | 0.0% | 0.00% | 0.0% | ||
| Bollore | $117,000 | +10.4% | 30,000 | 0.0% | 0.00% | 0.0% | ||
| PZ Cussons PLC | $60,000 | -3.2% | 15,000 | 0.0% | 0.00% | -100.0% | ||
| LT Group Inc | $48,000 | +26.3% | 150,000 | 0.0% | 0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-05-11
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.