$9.89 Billion is the total value of Gardner Russo & Gardner's 84 reported holdings in Q1 2020. The portfolio turnover from Q4 2019 to Q1 2020 was 11.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MA | Sell | Mastercard Inc Cl A | $1,443,938,000 | -24.2% | 5,977,556 | -6.3% | 14.60% | -0.1% |
| NSRGY | Sell | Nestle SA-Spons ADR | $1,272,581,000 | -7.9% | 12,356,351 | -3.2% | 12.87% | +21.4% |
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,027,344,000 | -21.4% | 3,777 | -1.9% | 10.39% | +3.6% |
| Sell | Heineken Holding NV | $677,666,000 | -22.3% | 8,841,859 | -1.7% | 6.85% | +2.4% | |
| Sell | Pernod Ricard | $675,930,000 | -22.0% | 4,758,762 | -1.8% | 6.83% | +2.8% | |
| PM | Sell | Philip Morris International In | $623,051,000 | -17.4% | 8,539,626 | -3.7% | 6.30% | +8.9% |
| UN | Sell | Unilever NV ADR | $601,580,000 | -15.4% | 12,329,991 | -0.4% | 6.08% | +11.5% |
| Sell | Compagnie Financiere Richemont | $458,090,000 | -42.6% | 8,353,276 | -17.8% | 4.63% | -24.3% | |
| GOOG | Buy | Alphabet Inc Cl C | $457,893,000 | +9.5% | 393,781 | +25.9% | 4.63% | +44.3% |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $388,531,000 | -22.3% | 2,125,097 | -3.7% | 3.93% | +2.5% |
| Buy | Anheuser-Busch InBev SA | $350,341,000 | -43.3% | 7,889,553 | +4.2% | 3.54% | -25.3% | |
| JPM | Buy | J.P. Morgan Chase | $345,169,000 | +23754.1% | 3,833,929 | +36846.4% | 3.49% | +31627.3% |
| MLM | Sell | Martin Marietta Materials | $312,195,000 | -33.8% | 1,649,816 | -2.2% | 3.16% | -12.8% |
| Sell | The Swatch Group AG-BR | $203,140,000 | -30.2% | 1,016,018 | -2.7% | 2.05% | -8.1% | |
| CMCSA | Sell | Comcast Corp New Cl A | $192,919,000 | -25.8% | 5,611,373 | -2.9% | 1.95% | -2.2% |
| BFA | Sell | Brown-Forman Corp Cl A | $189,299,000 | -19.3% | 3,684,298 | -1.5% | 1.91% | +6.3% |
| Sell | Diageo PLC | $169,753,000 | -26.2% | 5,292,972 | -2.5% | 1.72% | -2.8% | |
| Sell | JC Decaux SA ACT | $111,147,000 | -43.2% | 6,139,123 | -3.3% | 1.12% | -25.1% | |
| BFB | Sell | Brown-Forman Corp Cl B | $90,675,000 | -22.1% | 1,633,483 | -5.1% | 0.92% | +2.7% |
| V | Buy | Visa Inc Cl A | $82,673,000 | -11.1% | 513,113 | +3.7% | 0.84% | +17.3% |
| WFC | Sell | Wells Fargo | $42,957,000 | -93.7% | 1,496,776 | -88.2% | 0.43% | -91.7% |
| DEO | Sell | Diageo PLC Sponsored ADR | $28,908,000 | -26.1% | 227,406 | -2.2% | 0.29% | -2.7% |
| MO | Sell | Altria Group Inc | $14,464,000 | -87.0% | 374,042 | -83.2% | 0.15% | -82.8% |
| Sell | Swedish Match AB | $10,444,000 | +3.4% | 182,180 | -7.0% | 0.11% | +37.7% | |
| AXP | Sell | American Express | $10,414,000 | -36.6% | 121,643 | -7.8% | 0.10% | -16.7% |
| VMC | Buy | Vulcan Materials | $7,695,000 | -5.7% | 71,204 | +25.7% | 0.08% | +23.8% |
| MKL | Sell | Markel Corp | $6,891,000 | -19.9% | 7,427 | -1.3% | 0.07% | +6.1% |
| HRL | Sell | Hormel Foods Corp | $6,813,000 | +0.1% | 146,074 | -3.1% | 0.07% | +32.7% |
| XOM | Buy | Exxon Mobil Corp | $5,547,000 | -45.6% | 146,081 | +0.0% | 0.06% | -28.2% |
| FMX | Sell | Fomento Economico Mex Sp ADR | $5,045,000 | -50.0% | 83,376 | -21.9% | 0.05% | -33.8% |
| CR | Sell | Crane | $4,710,000 | -43.5% | 95,768 | -0.8% | 0.05% | -25.0% |
| OUT | Buy | Outfront Media Inc | $4,687,000 | -44.9% | 347,682 | +9.7% | 0.05% | -27.7% |
| Nestle SA-REG | $4,343,000 | -5.0% | 42,250 | 0.0% | 0.04% | +25.7% | ||
| PG | Sell | Procter & Gamble | $4,132,000 | -13.0% | 37,563 | -1.2% | 0.04% | +16.7% |
| DANOY | Sell | Danone ADR | $3,850,000 | -30.7% | 299,150 | -10.6% | 0.04% | -9.3% |
| MKC | Sell | McCormick Inc | $3,833,000 | -21.3% | 27,146 | -5.4% | 0.04% | +5.4% |
| MLHR | Sell | Herman Miller Inc | $3,640,000 | -47.5% | 163,981 | -1.5% | 0.04% | -30.2% |
| KO | Sell | Coca-Cola | $3,523,000 | -36.5% | 79,607 | -20.6% | 0.04% | -16.3% |
| DOV | Sell | Dover Corp | $3,447,000 | -28.9% | 41,065 | -2.4% | 0.04% | -5.4% |
| Heineken NV | $3,392,000 | -21.6% | 40,588 | 0.0% | 0.03% | +3.0% | ||
| PEP | Sell | Pepsico Inc | $2,819,000 | -14.3% | 23,474 | -2.5% | 0.03% | +16.0% |
| Buy | Davide Campari-Milano SPA | $2,477,000 | +312.8% | 344,615 | +425.2% | 0.02% | +400.0% | |
| Sell | Lindt & Spruengli AG - Reg | $2,181,000 | -5.0% | 25 | -3.8% | 0.02% | +22.2% | |
| Anheuser-Busch InBev SA Restri | $2,191,000 | -45.6% | 49,357 | 0.0% | 0.02% | -29.0% | ||
| GOOGL | Sell | Alphabet Inc Cl A | $2,031,000 | -16.6% | 1,748 | -3.9% | 0.02% | +10.5% |
| Unilever NV | $1,917,000 | -14.5% | 39,000 | 0.0% | 0.02% | +11.8% | ||
| PNC | PNC Bank Corp | $1,626,000 | -40.0% | 16,988 | 0.0% | 0.02% | -23.8% | |
| EVF | Buy | Eaton Vance Sr Income TR SFsh ben int | $1,453,000 | -24.5% | 315,110 | +4.9% | 0.02% | 0.0% |
| Buy | Loreal SA | $1,520,000 | +4.2% | 5,798 | +17.8% | 0.02% | +36.4% | |
| COST | Sell | Costco Whsl Corp | $1,434,000 | -5.5% | 5,029 | -2.6% | 0.01% | +16.7% |
| FULT | Fulton Finl Corp | $1,347,000 | -34.1% | 117,274 | 0.0% | 0.01% | -12.5% | |
| PDRDY | Buy | Pernod-Ricard SA-Unspon ADR | $1,264,000 | -4.7% | 44,490 | +20.1% | 0.01% | +30.0% |
| HEINY | Buy | Heineken NV Spons ADR | $1,260,000 | -17.4% | 30,152 | +5.3% | 0.01% | +8.3% |
| Sell | Reckitt Benckiser Group PLC | $1,110,000 | -28.7% | 14,550 | -24.1% | 0.01% | -8.3% | |
| Buy | LVMH Moet Hennessy Louis Vuitt | $1,047,000 | +313.8% | 2,819 | +418.2% | 0.01% | +450.0% | |
| BAC | Bank Amer Corp | $1,040,000 | -39.7% | 48,975 | 0.0% | 0.01% | -15.4% | |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $1,028,000 | -41.8% | 29,466 | -1.7% | 0.01% | -28.6% |
| ABBV | Sell | AbbVie Inc | $953,000 | -16.0% | 12,510 | -2.3% | 0.01% | +11.1% |
| ABT | Sell | Abbott Labs | $932,000 | -11.4% | 11,810 | -2.5% | 0.01% | +12.5% |
| CFRUY | Sell | CIE Financiere Richemont-Unsp | $805,000 | -35.9% | 146,710 | -8.3% | 0.01% | -20.0% |
| CVX | Sell | Chevron Corp | $569,000 | -45.4% | 7,848 | -9.3% | 0.01% | -25.0% |
| MSFT | Sell | Microsoft Corp | $567,000 | -2.7% | 3,595 | -2.7% | 0.01% | +50.0% |
| DD | Buy | Dupont De Nemours Inc | $557,000 | -42.7% | 16,333 | +7.9% | 0.01% | -14.3% |
| WMT | Sell | Wal Mart Stores Inc | $537,000 | -6.9% | 4,730 | -2.6% | 0.01% | +25.0% |
| DOW | Buy | Dow Inc | $454,000 | -45.4% | 15,530 | +2.3% | 0.01% | -16.7% |
| AAPL | Buy | Apple Computer Inc | $517,000 | -11.8% | 2,035 | +2.0% | 0.01% | +25.0% |
| MTB | Buy | M & T Bk Corp | $456,000 | -38.5% | 4,411 | +1.1% | 0.01% | -16.7% |
| LAMR | Lamar Advertising Co-A | $417,000 | -42.5% | 8,125 | 0.0% | 0.00% | -33.3% | |
| MCD | Sell | McDonalds Corp | $388,000 | -33.9% | 2,345 | -21.0% | 0.00% | -20.0% |
| DIS | Disney Walt Productions | $416,000 | -33.1% | 4,303 | 0.0% | 0.00% | -20.0% | |
| Buy | LT Group Inc | $249,000 | -15.9% | 1,525,000 | +22.0% | 0.00% | +50.0% | |
| CTVA | Buy | Corteva Inc | $336,000 | -12.5% | 14,312 | +10.2% | 0.00% | 0.0% |
| TFC | Buy | Truist Financial Corp | $319,000 | -45.0% | 10,341 | +0.5% | 0.00% | -25.0% |
| Sell | Pargesa Holding AG - B | $254,000 | -73.5% | 3,826 | -66.8% | 0.00% | -57.1% | |
| ORLY | O Reilly Automotive Inc | $301,000 | -31.3% | 1,000 | 0.0% | 0.00% | 0.0% | |
| SWGAY | Sell | The Swatch Group AG ADR | $343,000 | -34.9% | 34,315 | -9.3% | 0.00% | -25.0% |
| Roche Holding AG | $206,000 | 0.0% | 635 | 0.0% | 0.00% | 0.0% | ||
| MRK | Merck Inc | $212,000 | -15.2% | 2,751 | 0.0% | 0.00% | 0.0% | |
| UNP | Sell | Union Pac Corp | $216,000 | -23.4% | 1,535 | -1.6% | 0.00% | 0.0% |
| COTY | Sell | Coty Inc-CL A | $69,000 | -56.9% | 13,297 | -6.3% | 0.00% | 0.0% |
| TWNKW | Hostess Brands Inc Wts Exp 11/wts | $143,000 | -71.0% | 250,000 | 0.0% | 0.00% | -75.0% | |
| New | Cir SPA | $115,000 | – | 251,250 | +100.0% | 0.00% | – | |
| Buy | Hanjaya Mandala Sampoerna | $87,000 | -16.3% | 1,000,000 | +45.5% | 0.00% | 0.0% | |
| Bollore | $37,000 | -37.3% | 13,500 | 0.0% | 0.00% | – | ||
| Exit | Cir SPA | $0 | – | -125,000 | -100.0% | -0.00% | – | |
| USB | Exit | US Bancorp | $0 | – | -3,514 | -100.0% | -0.00% | – |
| AIG | Exit | American Intl Group Inc | $0 | – | -5,735 | -100.0% | -0.00% | – |
| Y | Exit | Alleghany Corp | $0 | – | -324 | -100.0% | -0.00% | – |
| ORCL | Exit | Oracle Corp | $0 | – | -4,000 | -100.0% | -0.00% | – |
| SWMAY | Exit | Swedish Match AB Unspon ADR | $0 | – | -12,325 | -100.0% | -0.00% | – |
| DHR | Exit | Danaher Corp | $0 | – | -1,333 | -100.0% | -0.00% | – |
| Exit | Shiseido Co Ltd | $0 | – | -2,900 | -100.0% | -0.00% | – | |
| PXD | Exit | Pioneer Nat Res | $0 | – | -2,600 | -100.0% | -0.00% | – |
| Exit | BIC | $0 | – | -14,805 | -100.0% | -0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2020-05-13
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.