$9.84 Billion is the total value of Gardner Russo & Gardner's 86 reported holdings in Q2 2020. The portfolio turnover from Q1 2020 to Q2 2020 was 16.7% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MA | Sell | Mastercard Inc Cl A | $1,598,871,000 | +10.7% | 5,407,070 | -9.5% | 16.24% | +11.3% |
| NSRGY | Sell | Nestle SA-Spons ADR | $1,273,654,000 | +0.1% | 11,532,546 | -6.7% | 12.94% | +0.6% |
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $965,755,000 | -6.0% | 3,613 | -4.3% | 9.81% | -5.5% |
| Sell | Pernod Ricard | $696,656,000 | +3.1% | 4,428,919 | -6.9% | 7.08% | +3.6% | |
| Sell | Heineken Holding NV | $694,399,000 | +2.5% | 8,486,756 | -4.0% | 7.06% | +3.0% | |
| UN | Sell | Unilever NV ADR | $643,360,000 | +6.9% | 12,077,346 | -2.0% | 6.54% | +7.5% |
| GOOG | Buy | Alphabet Inc Cl C | $594,765,000 | +29.9% | 420,742 | +6.8% | 6.04% | +30.5% |
| PM | Sell | Philip Morris International In | $578,019,000 | -7.2% | 8,250,338 | -3.4% | 5.87% | -6.8% |
| Sell | Compagnie Financiere Richemont | $495,801,000 | +8.2% | 7,772,940 | -6.9% | 5.04% | +8.8% | |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $364,023,000 | -6.3% | 2,039,228 | -4.0% | 3.70% | -5.9% |
| JPM | Sell | J.P. Morgan Chase | $340,414,000 | -1.4% | 3,619,116 | -5.6% | 3.46% | -0.9% |
| MLM | Sell | Martin Marietta Materials | $323,062,000 | +3.5% | 1,563,936 | -5.2% | 3.28% | +4.0% |
| Sell | Anheuser-Busch InBev SA | $295,058,000 | -15.8% | 5,988,968 | -24.1% | 3.00% | -15.4% | |
| CMCSA | Sell | Comcast Corp New Cl A | $201,832,000 | +4.6% | 5,177,827 | -7.7% | 2.05% | +5.2% |
| BFA | Sell | Brown-Forman Corp Cl A | $198,401,000 | +4.8% | 3,446,258 | -6.5% | 2.02% | +5.3% |
| Sell | Diageo PLC | $159,470,000 | -6.1% | 4,813,074 | -9.1% | 1.62% | -5.6% | |
| V | Sell | Visa Inc Cl A | $93,653,000 | +13.3% | 484,822 | -5.5% | 0.95% | +13.8% |
| BFB | Sell | Brown-Forman Corp Cl B | $91,181,000 | +0.6% | 1,432,311 | -12.3% | 0.93% | +1.0% |
| WFC | Buy | Wells Fargo | $40,849,000 | -4.9% | 1,595,655 | +6.6% | 0.42% | -4.4% |
| DEO | Sell | Diageo PLC Sponsored ADR | $29,910,000 | +3.5% | 222,559 | -2.1% | 0.30% | +4.1% |
| MO | Buy | Altria Group Inc | $14,855,000 | +2.7% | 378,473 | +1.2% | 0.15% | +3.4% |
| Sell | Swedish Match AB | $12,114,000 | +16.0% | 172,315 | -5.4% | 0.12% | +16.0% | |
| AXP | Sell | American Express | $10,619,000 | +2.0% | 111,548 | -8.3% | 0.11% | +2.9% |
| XOM | Buy | Exxon Mobil Corp | $7,999,000 | +44.2% | 178,864 | +22.4% | 0.08% | +44.6% |
| VMC | Sell | Vulcan Materials | $7,721,000 | +0.3% | 66,650 | -6.4% | 0.08% | 0.0% |
| New | Davide Campari-Milano NV | $7,329,000 | – | 870,050 | +100.0% | 0.07% | – | |
| HRL | Sell | Hormel Foods Corp | $6,983,000 | +2.5% | 144,671 | -1.0% | 0.07% | +2.9% |
| MKL | Sell | Markel Corp | $6,579,000 | -4.5% | 7,127 | -4.0% | 0.07% | -4.3% |
| CR | Crane | $5,694,000 | +20.9% | 95,768 | 0.0% | 0.06% | +20.8% | |
| MKC | Sell | McCormick Inc | $4,812,000 | +25.5% | 26,821 | -1.2% | 0.05% | +25.6% |
| PG | Buy | Procter & Gamble | $4,686,000 | +13.4% | 39,191 | +4.3% | 0.05% | +14.3% |
| Nestle SA-REG | $4,670,000 | +7.5% | 42,250 | 0.0% | 0.05% | +6.8% | ||
| OUT | Sell | Outfront Media Inc | $4,518,000 | -3.6% | 318,810 | -8.3% | 0.05% | -2.1% |
| DOV | Sell | Dover Corp | $3,875,000 | +12.4% | 40,135 | -2.3% | 0.04% | +11.4% |
| MLHR | Sell | Herman Miller Inc | $3,700,000 | +1.6% | 156,731 | -4.4% | 0.04% | +2.7% |
| Heineken NV | $3,741,000 | +10.3% | 40,588 | 0.0% | 0.04% | +11.8% | ||
| PEP | Buy | Pepsico Inc | $3,131,000 | +11.1% | 23,675 | +0.9% | 0.03% | +10.3% |
| FMX | Sell | Fomento Economico Mex Sp ADR | $3,131,000 | -37.9% | 50,499 | -39.4% | 0.03% | -37.3% |
| UNP | Buy | Union Pac Corp | $2,841,000 | +1215.3% | 16,802 | +994.6% | 0.03% | +1350.0% |
| DANOY | Sell | Danone ADR | $2,692,000 | -30.1% | 194,640 | -34.9% | 0.03% | -30.8% |
| Buy | Anheuser-Busch InBev SA Restri | $2,541,000 | +16.0% | 51,578 | +4.5% | 0.03% | +18.2% | |
| KO | Sell | Coca-Cola | $2,353,000 | -33.2% | 52,672 | -33.8% | 0.02% | -33.3% |
| Buy | Loreal SA | $2,189,000 | +44.0% | 6,821 | +17.6% | 0.02% | +46.7% | |
| Lindt & Spruengli AG - Reg | $2,148,000 | -1.5% | 25 | 0.0% | 0.02% | 0.0% | ||
| GOOGL | Sell | Alphabet Inc Cl A | $2,075,000 | +2.2% | 1,463 | -16.3% | 0.02% | 0.0% |
| Unilever NV | $2,070,000 | +8.0% | 39,000 | 0.0% | 0.02% | +10.5% | ||
| PNC | PNC Bank Corp | $1,787,000 | +9.9% | 16,988 | 0.0% | 0.02% | +12.5% | |
| EVF | Sell | Eaton Vance Sr Income TR SFsh ben int | $1,633,000 | +12.4% | 306,404 | -2.8% | 0.02% | +13.3% |
| COST | Buy | Costco Whsl Corp | $1,643,000 | +14.6% | 5,419 | +7.8% | 0.02% | +21.4% |
| HEINY | Buy | Heineken NV Spons ADR | $1,689,000 | +34.0% | 36,647 | +21.5% | 0.02% | +30.8% |
| PDRDY | Buy | Pernod-Ricard SA-Unspon ADR | $1,509,000 | +19.4% | 47,973 | +7.8% | 0.02% | +15.4% |
| FULT | Fulton Finl Corp | $1,235,000 | -8.3% | 117,274 | 0.0% | 0.01% | -7.1% | |
| Sell | Reckitt Benckiser Group PLC | $1,263,000 | +13.8% | 13,755 | -5.5% | 0.01% | +18.2% | |
| ABBV | Buy | AbbVie Inc | $1,236,000 | +29.7% | 12,594 | +0.7% | 0.01% | +30.0% |
| BAC | Bank Amer Corp | $1,163,000 | +11.8% | 48,975 | 0.0% | 0.01% | +9.1% | |
| Sell | JC Decaux SA ACT | $1,120,000 | -99.0% | 60,250 | -99.0% | 0.01% | -99.0% | |
| ABT | Abbott Labs | $1,080,000 | +15.9% | 11,810 | 0.0% | 0.01% | +22.2% | |
| DD | Buy | Dupont De Nemours Inc | $994,000 | +78.5% | 18,714 | +14.6% | 0.01% | +66.7% |
| CFRUY | Buy | Compagnie Financiere Richemont | $1,022,000 | +27.0% | 160,211 | +9.2% | 0.01% | +25.0% |
| CVX | Buy | Chevron Corp | $813,000 | +42.9% | 9,107 | +16.0% | 0.01% | +33.3% |
| AAPL | Apple Computer Inc | $742,000 | +43.5% | 2,035 | 0.0% | 0.01% | +60.0% | |
| DOW | Buy | Dow Inc | $755,000 | +66.3% | 18,522 | +19.3% | 0.01% | +60.0% |
| Sell | LVMH Moet Hennessy Louis Vuitt | $786,000 | -24.9% | 1,793 | -36.4% | 0.01% | -27.3% | |
| New | Carlsberg B A/S | $774,000 | – | 5,859 | +100.0% | 0.01% | – | |
| MSFT | Sell | Microsoft Corp | $701,000 | +23.6% | 3,445 | -4.2% | 0.01% | +16.7% |
| DIS | Buy | Disney Walt Productions | $570,000 | +37.0% | 5,113 | +18.8% | 0.01% | +50.0% |
| WMT | Sell | Wal Mart Stores Inc | $549,000 | +2.2% | 4,580 | -3.2% | 0.01% | +20.0% |
| LAMR | Lamar Advertising Co-A | $542,000 | +30.0% | 8,125 | 0.0% | 0.01% | +50.0% | |
| MTB | Buy | M & T Bk Corp | $464,000 | +1.8% | 4,458 | +1.1% | 0.01% | 0.0% |
| GHC | New | Graham Holdings Co | $399,000 | – | 1,163 | +100.0% | 0.00% | – |
| TFC | Buy | Truist Financial Corp | $391,000 | +22.6% | 10,402 | +0.6% | 0.00% | +33.3% |
| MCD | McDonalds Corp | $433,000 | +11.6% | 2,345 | 0.0% | 0.00% | 0.0% | |
| CTVA | Buy | Corteva Inc | $421,000 | +25.3% | 15,715 | +9.8% | 0.00% | +33.3% |
| CABO | New | Cable One Inc | $298,000 | – | 168 | +100.0% | 0.00% | – |
| New | Ashtead Group PLC | $294,000 | – | 8,750 | +100.0% | 0.00% | – | |
| RDSA | Sell | Royal Dutch Shell PLC ADR A | $310,000 | -69.8% | 9,496 | -67.8% | 0.00% | -70.0% |
| MRK | Buy | Merck Inc | $304,000 | +43.4% | 3,926 | +42.7% | 0.00% | +50.0% |
| ORCL | New | Oracle Corp | $221,000 | – | 4,000 | +100.0% | 0.00% | – |
| TWNKW | Hostess Brands Inc Wts Exp 11/wts | $215,000 | +50.3% | 250,000 | 0.0% | 0.00% | +100.0% | |
| DHR | New | Danaher Corp | $236,000 | – | 1,333 | +100.0% | 0.00% | – |
| PXD | New | Pioneer Nat Res | $244,000 | – | 2,500 | +100.0% | 0.00% | – |
| Roche Holding AG | $220,000 | +6.8% | 635 | 0.0% | 0.00% | 0.0% | ||
| LT Group Inc | $245,000 | -1.6% | 1,525,000 | 0.0% | 0.00% | -33.3% | ||
| Hanjaya Mandala Sampoerna | $115,000 | +32.2% | 1,000,000 | 0.0% | 0.00% | 0.0% | ||
| Cir SPA | $117,000 | +1.7% | 251,250 | 0.0% | 0.00% | 0.0% | ||
| Bollore | $42,000 | +13.5% | 13,500 | 0.0% | 0.00% | – | ||
| COTY | Exit | Coty Inc-CL A | $0 | – | -13,297 | -100.0% | -0.00% | – |
| ORLY | Exit | O Reilly Automotive Inc | $0 | – | -1,000 | -100.0% | -0.00% | – |
| SWGAY | Exit | The Swatch Group AG ADR | $0 | – | -34,315 | -100.0% | -0.00% | – |
| Exit | Pargesa Holding AG - B | $0 | – | -3,826 | -100.0% | -0.00% | – | |
| Exit | Davide Campari-Milano SPA | $0 | – | -344,615 | -100.0% | -0.02% | – | |
| Exit | The Swatch Group AG-BR | $0 | – | -1,016,018 | -100.0% | -2.05% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2020-08-14
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.