$8.94 Billion is the total value of Gardner Russo & Gardner's 85 reported holdings in Q2 2022. The portfolio turnover from Q1 2022 to Q2 2022 was 8.3% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,125,430,000 | -24.0% | 2,752 | -1.7% | 12.59% | -11.6% |
| NSRGY | Sell | Nestle SA Sponsored ADR | $1,025,477,000 | -11.6% | 8,810,693 | -1.1% | 11.47% | +2.8% |
| MA | Sell | Mastercard Inc Cl A | $853,936,000 | -14.6% | 2,706,785 | -3.3% | 9.55% | -0.7% |
| GOOG | Buy | Alphabet Inc Cl C | $814,125,000 | -16.8% | 372,180 | +6.2% | 9.10% | -3.3% |
| PM | Sell | Philip Morris International In | $685,267,000 | +4.1% | 6,940,111 | -0.9% | 7.66% | +21.0% |
| Sell | Compagnie Financiere Richemont | $623,166,000 | -18.0% | 5,869,036 | -0.9% | 6.97% | -4.6% | |
| Sell | Heineken Holding NV | $596,949,000 | -8.3% | 8,221,695 | -0.1% | 6.68% | +6.6% | |
| Buy | Pernod Ricard | $554,120,000 | -16.8% | 3,023,558 | +0.7% | 6.20% | -3.3% | |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $477,448,000 | -24.2% | 1,748,767 | -2.0% | 5.34% | -11.8% |
| MLM | Sell | Martin Marietta Materials | $323,127,000 | -23.2% | 1,079,827 | -1.2% | 3.61% | -10.7% |
| UL | Sell | Unilever PLC ADR | $319,110,000 | -10.5% | 6,962,917 | -11.0% | 3.57% | +4.0% |
| JPM | Sell | J.P. Morgan Chase | $220,095,000 | -24.3% | 1,954,492 | -8.4% | 2.46% | -12.0% |
| CMCSA | Sell | Comcast Corp New Cl A | $185,234,000 | -18.9% | 4,720,538 | -3.2% | 2.07% | -5.7% |
| BFA | Sell | Brown-Forman Corp Cl A | $180,839,000 | +6.7% | 2,673,548 | -1.0% | 2.02% | +24.0% |
| BABA | Buy | Alibaba Group Hldg Ltd Sponsor | $179,812,000 | +5.1% | 1,581,740 | +0.6% | 2.01% | +22.1% |
| Buy | Ashtead Group PLC | $176,297,000 | -6.7% | 4,221,181 | +42.1% | 1.97% | +8.4% | |
| CABO | Buy | Cable One Inc | $121,116,000 | -10.6% | 93,938 | +1.5% | 1.36% | +4.0% |
| NFLX | New | Netflix Inc | $91,080,000 | – | 520,842 | +100.0% | 1.02% | – |
| BFB | Sell | Brown-Forman Corp Cl B | $73,437,000 | +2.3% | 1,046,701 | -2.3% | 0.82% | +18.8% |
| V | Sell | Visa Inc Cl A | $72,582,000 | -13.7% | 368,640 | -2.8% | 0.81% | +0.4% |
| Sell | Anheuser-Busch InBev SA | $38,793,000 | -20.1% | 722,473 | -10.2% | 0.43% | -7.1% | |
| WFC | Sell | Wells Fargo | $32,542,000 | -23.4% | 830,783 | -5.2% | 0.36% | -11.0% |
| XOM | Sell | Exxon Mobil Corp | $15,267,000 | +2.8% | 178,264 | -0.9% | 0.17% | +19.6% |
| MO | Buy | Altria Group Inc | $13,903,000 | -19.7% | 332,846 | +0.4% | 0.16% | -7.2% |
| Sell | Swedish Match AB | $11,096,000 | +11.9% | 1,091,245 | -16.3% | 0.12% | +30.5% | |
| VMC | Sell | Vulcan Materials | $8,794,000 | -28.7% | 61,887 | -7.9% | 0.10% | -17.6% |
| Sell | Davide Campari-Milano NV | $8,629,000 | -16.6% | 822,508 | -6.7% | 0.10% | -3.0% | |
| MKL | Buy | Markel Corp | $8,550,000 | -11.1% | 6,611 | +1.4% | 0.10% | +3.2% |
| Sell | Compagnie Financiere Richemontwts | $7,419,000 | -31.8% | 13,659,405 | -0.4% | 0.08% | -21.0% | |
| New | Crane Holdings | $6,511,000 | – | 74,356 | +100.0% | 0.07% | – | |
| HRL | Sell | Hormel Foods Corp | $6,375,000 | -10.2% | 134,616 | -2.3% | 0.07% | +4.4% |
| AXP | Sell | American Express | $5,522,000 | -26.6% | 39,836 | -0.9% | 0.06% | -13.9% |
| PG | Sell | Procter & Gamble | $5,397,000 | -7.9% | 37,531 | -2.2% | 0.06% | +7.1% |
| Nestle SA-REG | $4,932,000 | -10.9% | 42,370 | 0.0% | 0.06% | +3.8% | ||
| OUT | Buy | Outfront Media Inc | $4,516,000 | -38.3% | 266,433 | +3.5% | 0.05% | -27.1% |
| Sell | Carlsberg B A/S | $4,163,000 | -10.7% | 32,756 | -12.7% | 0.05% | +4.4% | |
| UNP | Buy | Union Pac Corp | $3,912,000 | -21.9% | 18,340 | +0.1% | 0.04% | -8.3% |
| MKC | Sell | McCormick Inc | $3,834,000 | -18.7% | 46,050 | -2.5% | 0.04% | -4.4% |
| DOV | Sell | Dover Corp | $3,645,000 | -23.1% | 30,042 | -0.6% | 0.04% | -10.9% |
| Heineken NV | $3,553,000 | -5.6% | 39,066 | 0.0% | 0.04% | +11.1% | ||
| PEP | Sell | Pepsico Inc | $3,531,000 | -2.6% | 21,185 | -2.2% | 0.04% | +11.4% |
| COST | Sell | Costco Whsl Corp | $2,679,000 | -18.9% | 5,589 | -2.6% | 0.03% | -6.2% |
| Buy | Loreal SA | $2,690,000 | -1.5% | 7,815 | +15.9% | 0.03% | +15.4% | |
| GOOGL | Alphabet Inc Cl A | $2,140,000 | -21.6% | 982 | 0.0% | 0.02% | -7.7% | |
| Lindt & Spruengli AG - Reg | $1,987,000 | -13.9% | 19 | 0.0% | 0.02% | 0.0% | ||
| Unilever PLC | $1,993,000 | -0.6% | 44,000 | 0.0% | 0.02% | +15.8% | ||
| ABBV | Sell | AbbVie Inc | $1,931,000 | -7.7% | 12,610 | -2.3% | 0.02% | +10.0% |
| SWZ | Buy | Swiss Helvetia FD Inc | $1,919,000 | -12.9% | 244,154 | +2.1% | 0.02% | 0.0% |
| PNC | PNC Bank Corp | $1,845,000 | -14.5% | 11,693 | 0.0% | 0.02% | 0.0% | |
| Buy | Pernod-Ricard SA Unsponsored A | $1,781,000 | -16.4% | 48,593 | +1.2% | 0.02% | 0.0% | |
| CFRUY | Compagnie Financiere Richemont | $1,791,000 | -17.2% | 168,699 | 0.0% | 0.02% | -4.8% | |
| HEINY | Heineken NV Sponsored ADR | $1,315,000 | -5.5% | 28,908 | 0.0% | 0.02% | +15.4% | |
| KO | Sell | Coca-Cola | $1,344,000 | +1.1% | 21,365 | -0.3% | 0.02% | +15.4% |
| ABT | Sell | Abbott Labs | $1,279,000 | -12.0% | 11,775 | -4.1% | 0.01% | 0.0% |
| DD | Buy | Dupont De Nemours Inc | $981,000 | -24.1% | 17,653 | +0.5% | 0.01% | -8.3% |
| AAPL | Sell | Apple Inc | $979,000 | -23.3% | 7,158 | -2.1% | 0.01% | -8.3% |
| FMX | Sell | Fomento Economico Mex Sponsore | $955,000 | -19.9% | 14,146 | -1.7% | 0.01% | 0.0% |
| FULT | Sell | Fulton Finl Corp | $983,000 | -20.8% | 68,053 | -8.9% | 0.01% | -8.3% |
| DOW | Buy | Dow Inc | $998,000 | -18.1% | 19,338 | +1.0% | 0.01% | -8.3% |
| MSFT | Sell | Microsoft Corp | $932,000 | -18.4% | 3,629 | -2.0% | 0.01% | -9.1% |
| Diageo PLC | $832,000 | -15.7% | 19,401 | 0.0% | 0.01% | 0.0% | ||
| DANOY | Sell | Danone ADR | $817,000 | -1.6% | 73,337 | -1.7% | 0.01% | +12.5% |
| LVMH Moet Hennessy Louis Vuitt | $836,000 | -15.9% | 1,375 | 0.0% | 0.01% | -10.0% | ||
| MLHR | Sell | MillerKnoll Inc | $700,000 | -25.6% | 26,630 | -2.2% | 0.01% | -11.1% |
| CVX | Buy | Chevron Corp | $693,000 | -10.9% | 4,789 | +0.2% | 0.01% | +14.3% |
| LAMR | Sell | Lamar Advertising Co-A | $697,000 | -25.4% | 7,925 | -1.4% | 0.01% | -11.1% |
| GHC | Buy | Graham Holdings Co | $657,000 | -7.1% | 1,160 | +0.3% | 0.01% | 0.0% |
| MCD | Sell | McDonalds Corp | $502,000 | -1.0% | 2,035 | -0.7% | 0.01% | +20.0% |
| HKHHY | Heineken Holding NV ADR | $581,000 | -8.2% | 16,000 | 0.0% | 0.01% | 0.0% | |
| PXD | Pioneer Nat Res | $535,000 | -10.8% | 2,400 | 0.0% | 0.01% | 0.0% | |
| TFC | Buy | Truist Financial Corp | $512,000 | -15.8% | 10,787 | +0.5% | 0.01% | 0.0% |
| Sell | Reckitt Benckiser Group PLC | $414,000 | -3.0% | 5,530 | -0.5% | 0.01% | +25.0% | |
| WMT | Wal Mart Stores Inc | $423,000 | -18.3% | 3,480 | 0.0% | 0.01% | 0.0% | |
| DIS | Sell | Disney Walt Productions | $491,000 | -31.8% | 5,204 | -0.9% | 0.01% | -28.6% |
| CTVA | Buy | Corteva Inc | $465,000 | -5.7% | 8,590 | +0.2% | 0.01% | 0.0% |
| MRK | Buy | Merck Inc | $356,000 | +11.2% | 3,909 | +0.3% | 0.00% | +33.3% |
| Hanjaya Mandala Sampoerna | $327,000 | +1.6% | 5,000,000 | 0.0% | 0.00% | +33.3% | ||
| MDLZ | New | Mondelez International Inc | $273,000 | – | 4,400 | +100.0% | 0.00% | – |
| ORCL | Oracle Corp | $279,000 | -15.7% | 4,000 | 0.0% | 0.00% | 0.0% | |
| LT Group Inc | $261,000 | -14.4% | 1,775,000 | 0.0% | 0.00% | 0.0% | ||
| DHR | Danaher Corp | $300,000 | -13.5% | 1,183 | 0.0% | 0.00% | 0.0% | |
| Y | Alleghany Corp | $270,000 | -1.5% | 324 | 0.0% | 0.00% | 0.0% | |
| JC Decaux SA ACT | $176,000 | -29.6% | 10,500 | 0.0% | 0.00% | 0.0% | ||
| DVCMY | Davide Campari-Milano ADR | $143,000 | -10.6% | 13,650 | 0.0% | 0.00% | 0.0% | |
| New | Cir SPA | $106,000 | – | 251,250 | +100.0% | 0.00% | – | |
| Exit | Cir SPA | $0 | – | -251,250 | -100.0% | -0.00% | – | |
| KHC | Exit | Kraft Heinz Co | $0 | – | -6,000 | -100.0% | -0.00% | – |
| CR | Exit | Crane | $0 | – | -74,356 | -100.0% | -0.08% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-08-04
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.