$9.64 Billion is the total value of Gardner Russo & Gardner's 84 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 3.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,200,782,400 | -1.5% | 2,579 | -0.8% | 12.46% | -7.4% |
| NSRGY | Sell | Nestle SA Sponsored ADR | $996,867,532 | +4.5% | 8,191,861 | -0.9% | 10.34% | -1.7% |
| MA | Sell | Mastercard Inc Cl A | $899,384,499 | +3.6% | 2,474,848 | -0.9% | 9.33% | -2.7% |
| Sell | Compagnie Financiere Richemont | $882,205,100 | +21.0% | 5,523,910 | -1.8% | 9.15% | +13.7% | |
| GOOG | Buy | Alphabet Inc Cl C | $876,429,008 | +24.5% | 8,427,202 | +6.2% | 9.09% | +17.1% |
| Sell | Heineken Holding NV | $752,797,641 | +18.8% | 8,195,112 | -0.6% | 7.81% | +11.6% | |
| Sell | Pernod Ricard | $663,341,993 | +15.1% | 2,925,535 | -0.4% | 6.88% | +8.2% | |
| PM | Sell | Philip Morris International In | $625,349,773 | -4.3% | 6,430,332 | -0.4% | 6.49% | -10.1% |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $506,886,095 | -1.1% | 1,641,630 | -1.1% | 5.26% | -7.0% |
| NFLX | Sell | Netflix Inc | $368,144,524 | +16.6% | 1,065,603 | -0.5% | 3.82% | +9.6% |
| MLM | Sell | Martin Marietta Materials | $355,535,012 | +4.1% | 1,001,338 | -0.9% | 3.69% | -2.1% |
| Sell | Ashtead Group PLC | $316,908,869 | +7.5% | 5,169,533 | -0.4% | 3.29% | +1.1% | |
| JPM | Sell | J.P. Morgan Chase | $237,015,460 | -4.2% | 1,818,859 | -1.4% | 2.46% | -9.9% |
| UL | Sell | Unilever PLC ADR | $220,747,320 | -19.7% | 4,250,863 | -22.2% | 2.29% | -24.6% |
| BFA | Sell | Brown-Forman Corp Cl A | $159,660,610 | -2.0% | 2,449,158 | -1.1% | 1.66% | -7.9% |
| CMCSA | Sell | Comcast Corp New Cl A | $142,700,791 | +7.0% | 3,764,199 | -1.3% | 1.48% | +0.5% |
| V | Sell | Visa Inc Cl A | $76,901,926 | +6.8% | 341,089 | -1.6% | 0.80% | +0.4% |
| BFB | Sell | Brown-Forman Corp Cl B | $63,737,861 | -2.8% | 991,720 | -0.7% | 0.66% | -8.7% |
| CABO | Buy | Cable One Inc | $63,333,689 | -0.7% | 90,219 | +0.7% | 0.66% | -6.7% |
| Sell | Anheuser-Busch InBev SA | $39,102,244 | +6.4% | 586,839 | -4.1% | 0.41% | +0.2% | |
| WFC | Sell | Wells Fargo | $28,072,886 | -11.3% | 751,014 | -2.0% | 0.29% | -16.6% |
| XOM | Buy | Exxon Mobil Corp | $19,417,233 | -0.2% | 177,068 | +0.3% | 0.20% | -6.5% |
| MO | Sell | Altria Group Inc | $14,483,185 | -2.6% | 324,590 | -0.2% | 0.15% | -8.5% |
| MKL | Buy | Markel Corp | $12,454,748 | +8.3% | 9,750 | +11.7% | 0.13% | +1.6% |
| Buy | Davide Campari-Milano NV | $9,965,764 | +21.2% | 815,358 | +0.3% | 0.10% | +13.2% | |
| VMC | Sell | Vulcan Materials | $9,394,969 | -2.7% | 54,762 | -0.7% | 0.10% | -9.3% |
| Sell | Crane Holdings | $7,982,569 | +10.8% | 70,331 | -1.9% | 0.08% | +5.1% | |
| AXP | Sell | American Express | $6,341,668 | +10.5% | 38,446 | -1.0% | 0.07% | +4.8% |
| PG | Buy | Procter & Gamble | $5,482,944 | +0.6% | 36,875 | +2.5% | 0.06% | -5.0% |
| HRL | Sell | Hormel Foods Corp | $5,013,235 | -15.5% | 125,708 | -3.5% | 0.05% | -20.0% |
| Nestle SA-REG | $4,864,441 | +5.4% | 39,870 | 0.0% | 0.05% | -2.0% | ||
| Buy | Carlsberg B A/S | $4,551,960 | +20.4% | 29,361 | +2.9% | 0.05% | +11.9% | |
| DOV | Sell | Dover Corp | $4,454,425 | +10.9% | 29,317 | -1.2% | 0.05% | +4.5% |
| UNP | Buy | Union Pac Corp | $4,339,533 | +12.9% | 21,562 | +16.2% | 0.04% | +7.1% |
| Buy | Loreal SA | $3,769,226 | +35.4% | 8,436 | +7.9% | 0.04% | +25.8% | |
| MKC | Sell | McCormick Inc | $3,694,524 | -1.0% | 44,400 | -1.3% | 0.04% | -7.3% |
| OUT | Sell | Outfront Media Inc | $3,013,489 | -18.1% | 185,674 | -16.4% | 0.03% | -24.4% |
| Sell | Heineken NV | $2,738,055 | -27.8% | 25,441 | -37.1% | 0.03% | -33.3% | |
| PEP | Sell | Pepsico Inc | $2,632,191 | -26.3% | 14,439 | -27.0% | 0.03% | -30.8% |
| COST | Sell | Costco Whsl Corp | $2,550,182 | +3.7% | 5,132 | -4.8% | 0.03% | -3.7% |
| Unilever PLC | $2,279,763 | +3.6% | 44,000 | 0.0% | 0.02% | 0.0% | ||
| Lindt & Spruengli AG - Reg | $2,246,182 | +15.1% | 19 | 0.0% | 0.02% | +4.5% | ||
| SWZ | Buy | Swiss Helvetia FD Inc | $2,047,198 | +6.6% | 258,159 | +1.6% | 0.02% | 0.0% |
| GOOGL | Buy | Alphabet Inc Cl A | $2,059,663 | +18.9% | 19,856 | +1.1% | 0.02% | +10.5% |
| ABBV | AbbVie Inc | $2,009,656 | -1.4% | 12,610 | 0.0% | 0.02% | -4.5% | |
| PNC | PNC Bank Corp | $1,432,163 | -19.5% | 11,268 | 0.0% | 0.02% | -25.0% | |
| CFRUY | Sell | Compagnie Financiere Richemont | $1,392,086 | -3.2% | 87,165 | -21.4% | 0.01% | -12.5% |
| FMX | Sell | Fomento Economico Mex Sponsore | $1,284,589 | +18.5% | 13,495 | -2.7% | 0.01% | +8.3% |
| DD | Buy | Dupont De Nemours Inc | $1,286,764 | +5.1% | 17,929 | +0.5% | 0.01% | -7.1% |
| KO | Sell | Coca-Cola | $1,226,271 | -8.2% | 19,769 | -5.8% | 0.01% | -13.3% |
| AAPL | Apple Inc | $1,151,332 | +26.9% | 6,982 | 0.0% | 0.01% | +20.0% | |
| ABT | Abbott Labs | $1,192,337 | -7.8% | 11,775 | 0.0% | 0.01% | -14.3% | |
| Sell | Pernod-Ricard SA Unsponsored A | $1,130,672 | -10.8% | 24,933 | -22.8% | 0.01% | -14.3% | |
| DOW | Buy | Dow Inc | $1,103,841 | +10.1% | 20,136 | +1.2% | 0.01% | 0.0% |
| FULT | Buy | Fulton Finl Corp | $1,104,287 | -2.7% | 79,905 | +18.5% | 0.01% | -15.4% |
| HKHHY | Heineken Holding NV ADR | $734,874 | +19.5% | 16,000 | 0.0% | 0.01% | +14.3% | |
| CVX | Buy | Chevron Corp | $787,426 | -8.9% | 4,826 | +0.3% | 0.01% | -20.0% |
| LAMR | Lamar Advertising Co-A | $791,628 | +5.8% | 7,925 | 0.0% | 0.01% | 0.0% | |
| Sell | Diageo PLC | $653,612 | -23.1% | 14,627 | -24.4% | 0.01% | -22.2% | |
| GHC | Buy | Graham Holdings Co | $695,918 | -1.2% | 1,168 | +0.3% | 0.01% | -12.5% |
| Sell | Compagnie Financiere Richemontwts | $607,346 | -94.6% | 482,470 | -96.4% | 0.01% | -95.1% | |
| MCD | McDonalds Corp | $545,799 | +6.1% | 1,952 | 0.0% | 0.01% | 0.0% | |
| HEINY | Sell | Heineken NV Sponsored ADR | $601,401 | -27.8% | 11,176 | -37.1% | 0.01% | -33.3% |
| MSFT | Sell | Microsoft Corp | $613,791 | +12.0% | 2,129 | -6.8% | 0.01% | 0.0% |
| CTVA | Buy | Corteva Inc | $521,910 | +2.9% | 8,654 | +0.3% | 0.01% | -16.7% |
| WMT | Sell | Wal Mart Stores Inc | $509,440 | +3.2% | 3,455 | -0.7% | 0.01% | 0.0% |
| PXD | Pioneer Nat Res | $490,176 | -10.6% | 2,400 | 0.0% | 0.01% | -16.7% | |
| DIS | Sell | Disney Walt Productions | $446,095 | +12.6% | 4,455 | -2.3% | 0.01% | +25.0% |
| TFC | Buy | Truist Financial Corp | $384,699 | -18.1% | 11,282 | +3.3% | 0.00% | -20.0% |
| ORCL | Oracle Corp | $371,680 | +13.7% | 4,000 | 0.0% | 0.00% | 0.0% | |
| MRK | Buy | Merck Inc | $407,612 | +0.0% | 3,831 | +4.3% | 0.00% | 0.0% |
| New | LVMH Moet Hennessy Louis Vuitt | $408,242 | – | 445 | +100.0% | 0.00% | – | |
| Sell | Reckitt Benckiser Group PLC | $415,347 | +8.5% | 5,455 | -1.4% | 0.00% | 0.0% | |
| Hanjaya Mandala Sampoerna | $375,138 | +39.0% | 5,000,000 | 0.0% | 0.00% | +33.3% | ||
| BP | Sell | BP PLC ADR | $254,916 | +5.9% | 6,719 | -2.5% | 0.00% | 0.0% |
| ASHTY | Ashtead Group PLC ADR | $306,515 | +8.0% | 1,250 | 0.0% | 0.00% | 0.0% | |
| LT Group Inc | $323,232 | +10.3% | 1,775,000 | 0.0% | 0.00% | 0.0% | ||
| DHR | Sell | Danaher Corp | $272,959 | -13.1% | 1,083 | -8.5% | 0.00% | 0.0% |
| MDLZ | Mondelez International Inc | $306,768 | +4.6% | 4,400 | 0.0% | 0.00% | 0.0% | |
| LVMUY | New | LVMH Moet Hennessy Louis Vuitt | $203,479 | – | 1,109 | +100.0% | 0.00% | – |
| DVCMY | Davide Campari-Milano ADR | $166,837 | +20.8% | 13,650 | 0.0% | 0.00% | 0.0% | |
| DANOY | Sell | Danone ADR | $206,245 | -70.6% | 16,562 | -75.2% | 0.00% | -75.0% |
| JC Decaux SA ACT | $220,283 | +10.9% | 10,500 | 0.0% | 0.00% | 0.0% | ||
| Cir SPA | $105,230 | -9.7% | 251,250 | 0.0% | 0.00% | 0.0% | ||
| MLHR | Exit | MillerKnoll Inc | $0 | – | -15,600 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-11
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.