$9.06 Billion is the total value of Gardner Russo & Gardner's 83 reported holdings in Q4 2022. The portfolio turnover from Q3 2022 to Q4 2022 was 2.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,218,648,496 | +10.6% | 2,600 | -4.1% | 13.45% | +0.9% |
| NSRGY | Sell | Nestle SA Sponsored ADR | $953,611,793 | +1.6% | 8,267,832 | -5.2% | 10.52% | -7.3% |
| MA | Sell | Mastercard Inc Cl A | $868,541,752 | +14.8% | 2,497,748 | -6.2% | 9.59% | +4.7% |
| Sell | Compagnie Financiere Richemont | $729,211,791 | +30.3% | 5,626,912 | -3.7% | 8.05% | +18.8% | |
| GOOG | Buy | Alphabet Inc Cl C | $703,833,156 | -4.9% | 7,932,302 | +3.0% | 7.77% | -13.3% |
| PM | Sell | Philip Morris International In | $653,634,164 | +14.9% | 6,458,197 | -5.8% | 7.21% | +4.8% |
| Buy | Heineken Holding NV | $633,890,381 | +11.8% | 8,243,545 | +0.4% | 7.00% | +2.0% | |
| Sell | Pernod Ricard | $576,114,478 | +3.6% | 2,937,753 | -2.3% | 6.36% | -5.5% | |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $512,490,121 | +11.7% | 1,659,081 | -3.4% | 5.66% | +1.9% |
| MLM | Sell | Martin Marietta Materials | $341,485,916 | -0.7% | 1,010,403 | -5.4% | 3.77% | -9.4% |
| NFLX | Buy | Netflix Inc | $315,687,617 | +42.5% | 1,070,563 | +13.8% | 3.48% | +30.0% |
| Sell | Ashtead Group PLC | $294,773,467 | +22.3% | 5,191,787 | -1.8% | 3.25% | +11.5% | |
| UL | Sell | Unilever PLC ADR | $275,064,870 | -2.1% | 5,463,056 | -14.7% | 3.04% | -10.7% |
| JPM | Sell | J.P. Morgan Chase | $247,289,037 | +22.7% | 1,844,064 | -4.4% | 2.73% | +11.9% |
| BFA | Sell | Brown-Forman Corp Cl A | $162,903,495 | -8.1% | 2,477,243 | -5.6% | 1.80% | -16.2% |
| CMCSA | Sell | Comcast Corp New Cl A | $133,427,245 | +14.1% | 3,815,477 | -4.3% | 1.47% | +4.2% |
| V | Sell | Visa Inc Cl A | $72,032,677 | +11.6% | 346,711 | -4.5% | 0.80% | +1.8% |
| BFB | Sell | Brown-Forman Corp Cl B | $65,586,862 | -4.6% | 998,582 | -3.3% | 0.72% | -13.0% |
| CABO | Sell | Cable One Inc | $63,797,871 | -21.9% | 89,621 | -6.4% | 0.70% | -28.7% |
| Sell | Anheuser-Busch InBev SA | $36,738,371 | +24.8% | 611,754 | -4.8% | 0.40% | +13.8% | |
| WFC | Sell | Wells Fargo | $31,635,617 | +0.3% | 766,181 | -2.3% | 0.35% | -8.6% |
| XOM | Sell | Exxon Mobil Corp | $19,463,264 | +24.5% | 176,458 | -1.5% | 0.22% | +13.8% |
| MO | Sell | Altria Group Inc | $14,869,091 | +9.6% | 325,292 | -3.2% | 0.16% | 0.0% |
| MKL | Buy | Markel Corp | $11,495,100 | +31.9% | 8,725 | +8.6% | 0.13% | +21.0% |
| Sell | Compagnie Financiere Richemontwts | $11,158,232 | +84.0% | 13,407,268 | -1.1% | 0.12% | +68.5% | |
| VMC | Sell | Vulcan Materials | $9,659,418 | +10.5% | 55,162 | -0.4% | 0.11% | +0.9% |
| Sell | Davide Campari-Milano NV | $8,225,763 | +13.3% | 812,678 | -0.1% | 0.09% | +3.4% | |
| Sell | Crane Holdings | $7,202,868 | +12.3% | 71,706 | -2.1% | 0.08% | +1.3% | |
| HRL | Sell | Hormel Foods Corp | $5,932,113 | -1.3% | 130,233 | -1.5% | 0.06% | -11.0% |
| AXP | Sell | American Express | $5,737,280 | +6.8% | 38,831 | -2.5% | 0.06% | -3.1% |
| PG | Buy | Procter & Gamble | $5,452,674 | +23.1% | 35,977 | +2.5% | 0.06% | +11.1% |
| Sell | Nestle SA-REG | $4,617,025 | +0.2% | 39,870 | -5.9% | 0.05% | -8.9% | |
| DOV | Sell | Dover Corp | $4,016,531 | +15.8% | 29,662 | -0.3% | 0.04% | +4.8% |
| Buy | Heineken NV | $3,792,959 | +10.3% | 40,441 | +3.5% | 0.04% | 0.0% | |
| UNP | Buy | Union Pac Corp | $3,842,387 | +6.9% | 18,556 | +0.6% | 0.04% | -2.3% |
| Sell | Carlsberg B A/S | $3,779,531 | +11.6% | 28,526 | -0.9% | 0.04% | +2.4% | |
| MKC | Sell | McCormick Inc | $3,730,050 | +15.9% | 45,000 | -0.3% | 0.04% | +5.1% |
| OUT | Sell | Outfront Media Inc | $3,681,672 | +0.6% | 222,055 | -7.8% | 0.04% | -6.8% |
| PEP | Sell | Pepsico Inc | $3,572,913 | +4.9% | 19,777 | -5.2% | 0.04% | -4.9% |
| Buy | Loreal SA | $2,782,766 | +10.1% | 7,816 | +0.0% | 0.03% | 0.0% | |
| COST | Costco Whsl Corp | $2,460,235 | -3.3% | 5,389 | 0.0% | 0.03% | -12.9% | |
| Unilever PLC | $2,200,968 | +12.9% | 44,000 | 0.0% | 0.02% | 0.0% | ||
| ABBV | AbbVie Inc | $2,037,902 | +20.4% | 12,610 | 0.0% | 0.02% | +10.0% | |
| Lindt & Spruengli AG - Reg | $1,950,930 | +2.7% | 19 | 0.0% | 0.02% | -4.3% | ||
| SWZ | Buy | Swiss Helvetia FD Inc | $1,921,340 | +13.2% | 254,146 | +1.6% | 0.02% | 0.0% |
| PNC | Sell | PNC Bank Corp | $1,779,668 | +1.9% | 11,268 | -3.6% | 0.02% | -4.8% |
| GOOGL | Alphabet Inc Cl A | $1,732,837 | -7.8% | 19,640 | 0.0% | 0.02% | -17.4% | |
| CFRUY | Sell | Compagnie Financiere Richemont | $1,437,794 | +8.6% | 110,946 | -19.7% | 0.02% | 0.0% |
| KO | Coca-Cola | $1,335,492 | +13.6% | 20,995 | 0.0% | 0.02% | +7.1% | |
| ABT | Abbott Labs | $1,292,777 | +13.5% | 11,775 | 0.0% | 0.01% | 0.0% | |
| DD | Buy | Dupont De Nemours Inc | $1,224,086 | +36.8% | 17,836 | +0.5% | 0.01% | +27.3% |
| Sell | Pernod-Ricard SA Unsponsored A | $1,267,515 | -14.2% | 32,317 | -19.0% | 0.01% | -22.2% | |
| FULT | Sell | Fulton Finl Corp | $1,134,426 | +6.2% | 67,405 | -0.3% | 0.01% | 0.0% |
| FMX | Sell | Fomento Economico Mex Sponsore | $1,083,603 | +23.3% | 13,871 | -1.0% | 0.01% | +9.1% |
| DOW | Buy | Dow Inc | $1,002,159 | +16.3% | 19,888 | +1.4% | 0.01% | +10.0% |
| AAPL | Sell | Apple Inc | $907,171 | -8.3% | 6,982 | -2.5% | 0.01% | -16.7% |
| CVX | Buy | Chevron Corp | $863,898 | +25.2% | 4,813 | +0.2% | 0.01% | +25.0% |
| Diageo PLC | $849,622 | +3.6% | 19,351 | 0.0% | 0.01% | -10.0% | ||
| HEINY | Sell | Heineken NV Sponsored ADR | $833,321 | -13.9% | 17,770 | -19.2% | 0.01% | -25.0% |
| DANOY | Sell | Danone ADR | $701,279 | +0.5% | 66,737 | -9.0% | 0.01% | 0.0% |
| GHC | Buy | Graham Holdings Co | $704,029 | +12.6% | 1,165 | +0.3% | 0.01% | 0.0% |
| LAMR | Lamar Advertising Co-A | $748,120 | +14.4% | 7,925 | 0.0% | 0.01% | 0.0% | |
| HKHHY | Heineken Holding NV ADR | $615,162 | +11.2% | 16,000 | 0.0% | 0.01% | 0.0% | |
| PXD | Pioneer Nat Res | $548,136 | +5.4% | 2,400 | 0.0% | 0.01% | 0.0% | |
| CTVA | Buy | Corteva Inc | $507,354 | +3.1% | 8,631 | +0.2% | 0.01% | 0.0% |
| MSFT | Sell | Microsoft Corp | $547,989 | +1.9% | 2,285 | -1.1% | 0.01% | -14.3% |
| MCD | McDonalds Corp | $514,411 | +14.3% | 1,952 | 0.0% | 0.01% | +20.0% | |
| WMT | Wal Mart Stores Inc | $493,429 | +9.4% | 3,480 | 0.0% | 0.01% | 0.0% | |
| TFC | Buy | Truist Financial Corp | $469,759 | -0.5% | 10,917 | +0.6% | 0.01% | -16.7% |
| MLHR | Sell | MillerKnoll Inc | $327,756 | -13.3% | 15,600 | -35.6% | 0.00% | -20.0% |
| MRK | Sell | Merck Inc | $407,517 | +22.7% | 3,673 | -4.8% | 0.00% | 0.0% |
| ORCL | Oracle Corp | $326,960 | +34.0% | 4,000 | 0.0% | 0.00% | +33.3% | |
| Reckitt Benckiser Group PLC | $382,758 | +3.7% | 5,530 | 0.0% | 0.00% | 0.0% | ||
| DIS | Sell | Disney Walt Productions | $396,100 | -12.4% | 4,559 | -4.9% | 0.00% | -20.0% |
| Hanjaya Mandala Sampoerna | $269,793 | -9.8% | 5,000,000 | 0.0% | 0.00% | -25.0% | ||
| ASHTY | Ashtead Group PLC ADR | $283,886 | +24.5% | 1,250 | 0.0% | 0.00% | 0.0% | |
| MDLZ | Mondelez International Inc | $293,260 | +21.7% | 4,400 | 0.0% | 0.00% | 0.0% | |
| DHR | Danaher Corp | $313,992 | +2.6% | 1,183 | 0.0% | 0.00% | -25.0% | |
| LT Group Inc | $293,033 | +17.2% | 1,775,000 | 0.0% | 0.00% | 0.0% | ||
| BP | New | BP PLC ADR | $240,630 | – | 6,889 | +100.0% | 0.00% | – |
| JC Decaux SA ACT | $198,573 | +60.1% | 10,500 | 0.0% | 0.00% | 0.0% | ||
| DVCMY | Davide Campari-Milano ADR | $138,163 | +13.2% | 13,650 | 0.0% | 0.00% | +100.0% | |
| Cir SPA | $116,510 | +20.1% | 251,250 | 0.0% | 0.00% | 0.0% | ||
| Exit | Swedish Match AB | $0 | – | -1,029,195 | -100.0% | -0.12% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-02-13
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.