$13.2 Billion is the total value of Gardner Russo & Gardner's 96 reported holdings in Q2 2019. The portfolio turnover from Q1 2019 to Q2 2019 was 14.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MA | Sell | Mastercard Inc Cl A | $1,829,212,000 | +4.5% | 6,914,951 | -7.0% | 13.91% | +2.2% |
| NSRGY | Sell | Nestle SA-Spons ADR | $1,383,514,000 | +4.9% | 13,380,213 | -3.3% | 10.52% | +2.6% |
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,274,037,000 | +3.2% | 4,002 | -2.3% | 9.69% | +1.0% |
| Sell | Heineken Holding NV | $985,249,000 | +1.7% | 9,373,392 | -3.0% | 7.49% | -0.5% | |
| Sell | Pernod Ricard | $934,811,000 | -1.0% | 5,065,560 | -3.6% | 7.11% | -3.1% | |
| Sell | Compagnie Financiere Richemont | $907,942,000 | +14.3% | 10,686,189 | -2.0% | 6.90% | +11.9% | |
| UN | Sell | Unilever NV ADR | $781,742,000 | +0.8% | 12,874,544 | -3.3% | 5.94% | -1.4% |
| PM | Sell | Philip Morris International In | $731,723,000 | -14.0% | 9,317,748 | -3.2% | 5.56% | -15.8% |
| Sell | Anheuser-Busch InBev SA | $701,370,000 | +3.7% | 7,912,198 | -1.8% | 5.33% | +1.5% | |
| WFC | Sell | Wells Fargo | $597,945,000 | -2.2% | 12,636,204 | -0.1% | 4.55% | -4.3% |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $497,286,000 | +2.4% | 2,332,814 | -3.5% | 3.78% | +0.2% |
| MLM | Sell | Martin Marietta Materials | $412,921,000 | +10.8% | 1,794,450 | -3.2% | 3.14% | +8.4% |
| Sell | The Swatch Group AG-BR | $320,516,000 | -3.7% | 1,118,079 | -3.9% | 2.44% | -5.8% | |
| CMCSA | Sell | Comcast Corp New Cl A | $255,997,000 | +1.8% | 6,054,812 | -3.7% | 1.95% | -0.4% |
| Sell | Diageo PLC | $246,548,000 | -3.5% | 5,724,594 | -8.4% | 1.88% | -5.5% | |
| MO | Sell | Altria Group Inc | $236,251,000 | -19.6% | 4,989,460 | -2.4% | 1.80% | -21.3% |
| BFA | Sell | Brown-Forman Corp Cl A | $216,921,000 | +4.6% | 3,944,019 | -2.7% | 1.65% | +2.4% |
| GOOG | Buy | Alphabet Inc Cl C | $211,355,000 | +93.0% | 195,534 | +109.5% | 1.61% | +88.8% |
| Sell | JC Decaux SA ACT | $203,256,000 | -3.4% | 6,699,785 | -3.0% | 1.54% | -5.5% | |
| BFB | Sell | Brown-Forman Corp Cl B | $104,990,000 | -1.0% | 1,894,106 | -5.7% | 0.80% | -3.2% |
| V | Sell | Visa Inc Cl A | $89,030,000 | +9.6% | 512,994 | -1.4% | 0.68% | +7.3% |
| DEO | Sell | Diageo PLC Sponsored ADR | $41,588,000 | -26.1% | 241,341 | -29.8% | 0.32% | -27.7% |
| AXP | Sell | American Express | $17,211,000 | +8.7% | 139,430 | -3.7% | 0.13% | +6.5% |
| FMX | Sell | Fomento Economico Mex Sp ADR | $12,787,000 | +1.0% | 132,167 | -3.6% | 0.10% | -1.0% |
| XOM | Sell | Exxon Mobil Corp | $11,566,000 | -5.4% | 150,932 | -0.2% | 0.09% | -7.4% |
| Sell | Swedish Match AB | $9,425,000 | -24.0% | 223,070 | -8.1% | 0.07% | -25.0% | |
| DANOY | Sell | Danone ADR | $8,497,000 | -1.2% | 500,743 | -10.2% | 0.06% | -3.0% |
| MKL | Sell | Markel Corp | $8,372,000 | +8.2% | 7,684 | -1.1% | 0.06% | +6.7% |
| OUT | Sell | Outfront Media Inc | $8,442,000 | +5.7% | 327,337 | -4.1% | 0.06% | +3.2% |
| CR | Sell | Crane | $8,314,000 | -4.2% | 99,643 | -2.9% | 0.06% | -6.0% |
| MLHR | Sell | Herman Miller Inc | $7,765,000 | +24.9% | 173,716 | -1.7% | 0.06% | +22.9% |
| VMC | Buy | Vulcan Materials | $7,633,000 | +19.0% | 55,587 | +2.6% | 0.06% | +16.0% |
| HRL | Sell | Hormel Foods Corp | $6,214,000 | -9.5% | 153,293 | -0.1% | 0.05% | -11.3% |
| KO | Sell | Coca-Cola | $5,398,000 | +3.8% | 106,017 | -4.5% | 0.04% | +2.5% |
| Heineken NV | $5,140,000 | +5.8% | 45,988 | 0.0% | 0.04% | +2.6% | ||
| MKC | Sell | McCormick Inc | $4,491,000 | +1.1% | 28,975 | -1.7% | 0.03% | 0.0% |
| PG | Sell | Procter & Gamble | $4,307,000 | -3.2% | 39,278 | -8.2% | 0.03% | -5.7% |
| DOV | Sell | Dover Corp | $4,359,000 | +6.2% | 43,501 | -0.6% | 0.03% | +3.1% |
| Buy | Nestle SA-REG | $4,379,000 | +11.9% | 42,250 | +2.9% | 0.03% | +10.0% | |
| Sell | Anheuser-Busch InBev SA Restri | $4,375,000 | +0.3% | 49,357 | -5.1% | 0.03% | -2.9% | |
| PEP | Sell | Pepsico Inc | $3,446,000 | +5.4% | 26,276 | -1.5% | 0.03% | +4.0% |
| New | Unilever NV | $2,379,000 | – | 39,000 | +100.0% | 0.02% | – | |
| PNC | Sell | PNC Bank Corp | $2,402,000 | +11.5% | 17,496 | -0.4% | 0.02% | +5.9% |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $2,187,000 | -1.8% | 33,615 | -5.6% | 0.02% | 0.0% |
| Lindt & Spruengli AG - Reg | $2,117,000 | +4.1% | 26 | 0.0% | 0.02% | 0.0% | ||
| GOOGL | Buy | Alphabet Inc Cl A | $1,997,000 | -7.3% | 1,844 | +0.8% | 0.02% | -11.8% |
| FULT | Sell | Fulton Finl Corp | $1,924,000 | +4.3% | 117,524 | -1.4% | 0.02% | +7.1% |
| Sell | Reckitt Benckiser Group PLC | $1,787,000 | -5.8% | 22,592 | -0.9% | 0.01% | -6.7% | |
| EVF | Buy | Eaton Vance Sr Income TR SFsh ben int | $1,882,000 | +2.2% | 302,095 | +0.9% | 0.01% | 0.0% |
| Sell | BIC | $1,666,000 | -15.9% | 21,815 | -1.8% | 0.01% | -13.3% | |
| HEINY | Sell | Heineken NV Spons ADR | $1,585,000 | +3.5% | 28,357 | -2.2% | 0.01% | 0.0% |
| Loreal SA | $1,431,000 | +5.9% | 5,018 | 0.0% | 0.01% | +10.0% | ||
| BAC | Bank Amer Corp | $1,420,000 | +5.1% | 48,975 | 0.0% | 0.01% | +10.0% | |
| CFRUY | Sell | CIE Financiere Richemont-Unsp | $1,270,000 | +16.3% | 149,520 | -0.2% | 0.01% | +25.0% |
| COST | Sell | Costco Whsl Corp | $1,346,000 | +6.3% | 5,092 | -2.6% | 0.01% | 0.0% |
| JPM | Buy | J.P. Morgan Chase | $1,358,000 | +11.0% | 12,148 | +0.6% | 0.01% | 0.0% |
| PDRDY | Sell | Pernod-Ricard SA-Unspon ADR | $1,284,000 | +2.1% | 34,800 | -0.6% | 0.01% | 0.0% |
| DD | New | Dupont De Nemours Inc | $1,149,000 | – | 15,306 | +100.0% | 0.01% | – |
| CVX | Sell | Chevron Corp | $1,153,000 | -6.5% | 9,268 | -7.4% | 0.01% | -10.0% |
| ABT | Abbott Labs | $1,018,000 | +5.2% | 12,110 | 0.0% | 0.01% | 0.0% | |
| Pargesa Holding AG - B | $890,000 | -1.4% | 11,526 | 0.0% | 0.01% | 0.0% | ||
| ABBV | AbbVie Inc | $946,000 | -9.7% | 13,010 | 0.0% | 0.01% | -12.5% | |
| MTB | Buy | M & T Bk Corp | $780,000 | +8.9% | 4,586 | +0.6% | 0.01% | 0.0% |
| DOW | New | Dow Inc | $751,000 | – | 15,239 | +100.0% | 0.01% | – |
| MCD | McDonalds Corp | $617,000 | +9.4% | 2,970 | 0.0% | 0.01% | +25.0% | |
| DIS | Sell | Disney Walt Productions | $612,000 | +25.4% | 4,383 | -0.3% | 0.01% | +25.0% |
| LAMR | Sell | Lamar Advertising Co-A | $677,000 | -2.4% | 8,388 | -4.2% | 0.01% | 0.0% |
| WMT | Sell | Wal Mart Stores Inc | $536,000 | +11.2% | 4,855 | -1.7% | 0.00% | 0.0% |
| BBT | Buy | BB&T Corp | $501,000 | +5.9% | 10,200 | +0.4% | 0.00% | 0.0% |
| MSFT | Microsoft Corp | $508,000 | +13.4% | 3,795 | 0.0% | 0.00% | +33.3% | |
| SWGAY | The Swatch Group AG ADR | $510,000 | +0.2% | 35,585 | 0.0% | 0.00% | 0.0% | |
| ORLY | O Reilly Automotive Inc | $369,000 | -4.9% | 1,000 | 0.0% | 0.00% | 0.0% | |
| BUD | New | Anheuser-Busch InBev ADR | $371,000 | – | 4,193 | +100.0% | 0.00% | – |
| AAPL | Apple Computer Inc | $415,000 | +4.3% | 2,095 | 0.0% | 0.00% | 0.0% | |
| CTVA | New | Corteva Inc | $453,000 | – | 15,306 | +100.0% | 0.00% | – |
| TWNKW | Hostess Brands Inc Wts Exp 11/wts | $403,000 | +46.0% | 212,000 | 0.0% | 0.00% | +50.0% | |
| PXD | Pioneer Nat Res | $400,000 | +1.0% | 2,600 | 0.0% | 0.00% | 0.0% | |
| SWMAY | New | Swedish Match AB Unspon ADR | $352,000 | – | 16,650 | +100.0% | 0.00% | – |
| LT Group Inc | $371,000 | -3.1% | 1,250,000 | 0.0% | 0.00% | 0.0% | ||
| New | LVMH Moet Hennessy Louis Vuitt | $269,000 | – | 630 | +100.0% | 0.00% | – | |
| Sell | Groupe Danone | $272,000 | +9.7% | 3,205 | -0.3% | 0.00% | 0.0% | |
| ORCL | Oracle Corp | $228,000 | +6.0% | 4,000 | 0.0% | 0.00% | 0.0% | |
| Roche Holding AG | $218,000 | +2.3% | 775 | 0.0% | 0.00% | 0.0% | ||
| MRK | Sell | Merck Inc | $233,000 | +0.4% | 2,781 | -0.2% | 0.00% | 0.0% |
| Shiseido Co Ltd | $264,000 | +4.3% | 3,500 | 0.0% | 0.00% | 0.0% | ||
| COTY | Sell | Coty Inc-CL A | $204,000 | -40.5% | 15,225 | -49.0% | 0.00% | -33.3% |
| BP | Sell | BP PLC ADR | $213,000 | -4.5% | 5,099 | -0.1% | 0.00% | 0.0% |
| AIG | American Intl Group Inc | $306,000 | +23.9% | 5,735 | 0.0% | 0.00% | 0.0% | |
| Buy | Davide Campari-Milano SPA | $275,000 | +111.5% | 28,040 | +111.1% | 0.00% | +100.0% | |
| Y | New | Alleghany Corp | $221,000 | – | 324 | +100.0% | 0.00% | – |
| UNP | Sell | Union Pac Corp | $287,000 | -5.3% | 1,700 | -6.1% | 0.00% | 0.0% |
| USB | US Bancorp | $226,000 | +8.7% | 4,314 | 0.0% | 0.00% | 0.0% | |
| Bollore | $133,000 | -2.2% | 30,000 | 0.0% | 0.00% | 0.0% | ||
| Hanjaya Mandala Sampoerna | $153,000 | -15.5% | 687,500 | 0.0% | 0.00% | 0.0% | ||
| Cir SPA | $134,000 | -12.4% | 125,000 | 0.0% | 0.00% | 0.0% | ||
| PZ Cussons PLC | $41,000 | +7.9% | 15,000 | 0.0% | 0.00% | – | ||
| MMM | Exit | 3M Company | $0 | – | -1,140 | -100.0% | -0.00% | – |
| CC | Exit | Chemours Co | $0 | – | -6,416 | -100.0% | -0.00% | – |
| IBM | Exit | I B M | $0 | – | -1,512 | -100.0% | -0.00% | – |
| Exit | Unilever NV | $0 | – | -39,105 | -100.0% | -0.02% | – | |
| DWDP | Exit | DowDupont Inc | $0 | – | -46,686 | -100.0% | -0.02% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-08-13
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.