$9.47 Billion is the total value of Gardner Russo & Gardner's 77 reported holdings in Q2 2024. The portfolio turnover from Q1 2024 to Q2 2024 was 9.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKA | Sell | Berkshire Hathaway Inc Cl A | $1,294,277,474 | -4.3% | 2,114 | -0.8% | 13.67% | -1.5% |
| GOOG | Sell | Alphabet Inc Cl C | $1,139,011,788 | +5.9% | 6,209,856 | -12.1% | 12.03% | +9.1% |
| MA | Sell | Mastercard Inc Cl A | $907,179,509 | -10.3% | 2,056,350 | -2.1% | 9.58% | -7.7% |
| NSRGY | Buy | Nestle SA Sponsored ADR | $743,850,951 | -3.4% | 7,260,624 | +0.1% | 7.86% | -0.5% |
| Buy | Compagnie Financiere Richemont | $728,818,349 | +3.0% | 4,669,634 | +0.7% | 7.70% | +6.0% | |
| Buy | Heineken Holding NV | $630,080,961 | -0.3% | 7,982,338 | +2.0% | 6.66% | +2.6% | |
| BRKB | Sell | Berkshire Hathaway Inc Cl B | $565,578,108 | -8.2% | 1,390,310 | -5.1% | 5.98% | -5.4% |
| PM | Sell | Philip Morris International In | $553,906,063 | +8.9% | 5,466,358 | -1.5% | 5.85% | +12.1% |
| NFLX | Sell | Netflix Inc | $527,798,003 | -0.6% | 782,062 | -10.5% | 5.58% | +2.4% |
| Buy | Pernod Ricard | $448,828,268 | -8.3% | 3,305,294 | +9.3% | 4.74% | -5.6% | |
| MLM | Sell | Martin Marietta Materials | $413,966,956 | -14.4% | 764,059 | -3.0% | 4.37% | -11.8% |
| Sell | Ashtead Group PLC | $337,732,273 | -7.5% | 5,058,162 | -1.3% | 3.57% | -4.8% | |
| JPM | Sell | J.P. Morgan Chase | $301,940,754 | -11.9% | 1,492,835 | -12.7% | 3.19% | -9.2% |
| UBER | Buy | Uber Technologies Inc | $264,897,668 | +4.3% | 3,644,712 | +10.4% | 2.80% | +7.3% |
| CMCSA | Sell | Comcast Corp New Cl A | $120,018,420 | -10.5% | 3,064,822 | -1.0% | 1.27% | -7.8% |
| BFA | Sell | Brown-Forman Corp Cl A | $95,792,246 | -17.7% | 2,170,683 | -1.3% | 1.01% | -15.2% |
| DASH | New | Doordash Inc Cl A | $77,928,687 | – | 716,388 | +100.0% | 0.82% | – |
| V | Sell | Visa Inc Cl A | $74,203,944 | -10.1% | 282,714 | -4.4% | 0.78% | -7.3% |
| BFB | Sell | Brown-Forman Corp Cl B | $38,516,221 | -17.5% | 891,786 | -1.5% | 0.41% | -15.0% |
| WFC | Sell | Wells Fargo | $28,426,531 | -27.3% | 478,642 | -29.1% | 0.30% | -25.2% |
| Sell | Anheuser-Busch InBev SA | $25,615,623 | -11.1% | 441,625 | -6.5% | 0.27% | -8.4% | |
| XOM | Buy | Exxon Mobil Corp | $20,782,576 | -0.7% | 180,530 | +0.2% | 0.22% | +2.3% |
| MKL | Sell | Markel Corp | $15,156,274 | +1.7% | 9,619 | -1.8% | 0.16% | +4.6% |
| MO | Sell | Altria Group Inc | $13,040,514 | -4.8% | 286,290 | -8.8% | 0.14% | -2.1% |
| Sell | Crane Company | $9,410,072 | +4.0% | 64,906 | -3.1% | 0.10% | +6.5% | |
| VMC | Sell | Vulcan Materials | $8,361,119 | -20.7% | 33,622 | -13.0% | 0.09% | -18.5% |
| Buy | Davide Campari-Milano NV | $6,403,673 | -0.8% | 677,127 | +5.5% | 0.07% | +3.0% | |
| UNP | Buy | Union Pac Corp | $5,496,692 | -4.4% | 24,294 | +3.9% | 0.06% | -1.7% |
| PG | Sell | Procter & Gamble | $5,278,430 | +0.6% | 32,006 | -1.0% | 0.06% | +3.7% |
| COST | Costco Whsl Corp | $4,655,501 | +16.0% | 5,477 | 0.0% | 0.05% | +19.5% | |
| DOV | Sell | Dover Corp | $4,227,222 | -3.4% | 23,426 | -5.1% | 0.04% | 0.0% |
| Nestle SA-REG | $4,096,677 | -4.0% | 40,136 | 0.0% | 0.04% | -2.3% | ||
| AXP | Sell | American Express | $3,722,166 | -9.7% | 16,075 | -11.2% | 0.04% | -7.1% |
| GOOGL | Sell | Alphabet Inc Cl A | $3,707,845 | +12.0% | 20,356 | -7.2% | 0.04% | +14.7% |
| MKC | Sell | McCormick Inc | $3,073,121 | -7.9% | 43,320 | -0.3% | 0.03% | -5.9% |
| Sell | Carlsberg B A/S | $2,928,959 | -12.6% | 24,390 | -0.6% | 0.03% | -8.8% | |
| Sell | Loreal SA | $2,566,951 | -19.6% | 5,841 | -13.3% | 0.03% | -18.2% | |
| Heineken NV | $2,462,155 | +0.3% | 25,441 | 0.0% | 0.03% | +4.0% | ||
| MSFT | Sell | Microsoft Corp | $2,326,375 | +3.1% | 5,205 | -2.9% | 0.02% | +8.7% |
| SWZ | Buy | Swiss Helvetia FD Inc | $2,254,498 | +3.4% | 279,368 | +1.6% | 0.02% | +9.1% |
| Lindt & Spruengli AG - Reg | $2,194,747 | -4.4% | 19 | 0.0% | 0.02% | -4.2% | ||
| ABBV | AbbVie Inc | $2,145,715 | -5.8% | 12,510 | 0.0% | 0.02% | 0.0% | |
| PEP | Sell | Pepsico Inc | $2,039,452 | -6.3% | 12,366 | -0.6% | 0.02% | 0.0% |
| FULT | Sell | Fulton Finl Corp | $1,940,899 | +5.0% | 114,305 | -1.7% | 0.02% | +10.5% |
| HRL | Sell | Hormel Foods Corp | $1,758,999 | -17.1% | 57,691 | -5.1% | 0.02% | -13.6% |
| AAPL | Sell | Apple Inc | $1,432,005 | +4.7% | 6,799 | -14.7% | 0.02% | +7.1% |
| DD | Buy | Dupont De Nemours Inc | $1,252,057 | +5.5% | 15,555 | +0.5% | 0.01% | +8.3% |
| ABT | Sell | Abbott Labs | $1,196,004 | -9.4% | 11,510 | -0.9% | 0.01% | -7.1% |
| PNC | Sell | PNC Bank Corp | $1,091,936 | -7.3% | 7,023 | -3.7% | 0.01% | 0.0% |
| CFRUY | Buy | Compagnie Financiere Richemont | $1,032,287 | +2.7% | 66,140 | +0.4% | 0.01% | +10.0% |
| KO | Sell | Coca-Cola | $928,017 | -2.6% | 14,580 | -6.4% | 0.01% | 0.0% |
| DOW | Buy | Dow Inc | $960,061 | -7.3% | 18,097 | +1.2% | 0.01% | -9.1% |
| HKHHY | Buy | Heineken Holding NV ADR | $801,423 | +11.2% | 20,306 | +13.8% | 0.01% | +14.3% |
| LAMR | Sell | Lamar Advertising Co-A | $714,192 | -9.0% | 5,975 | -9.1% | 0.01% | 0.0% |
| OUT | Sell | Outfront Media Inc | $757,099 | -28.9% | 52,944 | -16.5% | 0.01% | -27.3% |
| CVX | Buy | Chevron Corp | $727,560 | -0.5% | 4,651 | +0.3% | 0.01% | 0.0% |
| Buy | Pernod-Ricard SA Unsponsored A | $626,187 | -6.8% | 23,057 | +11.2% | 0.01% | 0.0% | |
| WMT | Wal Mart Stores Inc | $701,814 | +12.5% | 10,365 | 0.0% | 0.01% | +16.7% | |
| FMX | Sell | Fomento Economico Mex Sponsore | $535,559 | -35.0% | 4,975 | -21.3% | 0.01% | -25.0% |
| ORCL | Oracle Corp | $490,670 | +12.4% | 3,475 | 0.0% | 0.01% | +25.0% | |
| MRK | Sell | Merck Inc | $426,592 | -8.0% | 3,446 | -1.9% | 0.01% | 0.0% |
| TFC | Buy | Truist Financial Corp | $445,620 | +0.4% | 11,470 | +0.8% | 0.01% | 0.0% |
| ASHTY | Ashtead Group PLC ADR | $334,649 | -6.3% | 1,253 | 0.0% | 0.00% | 0.0% | |
| DIS | Disney Walt Productions | $405,670 | -18.9% | 4,086 | 0.0% | 0.00% | -20.0% | |
| Diageo PLC | $265,982 | -14.8% | 8,452 | 0.0% | 0.00% | 0.0% | ||
| MCD | Sell | McDonalds Corp | $305,043 | -44.0% | 1,197 | -38.0% | 0.00% | -50.0% |
| MDLZ | Mondelez International Inc | $287,936 | -6.5% | 4,400 | 0.0% | 0.00% | 0.0% | |
| HEINY | Buy | Heineken NV Sponsored ADR | $254,288 | +4.2% | 5,255 | +3.9% | 0.00% | 0.0% |
| CTVA | Buy | Corteva Inc | $326,444 | -6.2% | 6,052 | +0.3% | 0.00% | -25.0% |
| Reckitt Benckiser Group PLC | $250,616 | -5.0% | 4,630 | 0.0% | 0.00% | 0.0% | ||
| LT Group Inc | $295,283 | -6.4% | 1,775,000 | 0.0% | 0.00% | 0.0% | ||
| CSL | New | Carlisle Inc | $202,605 | – | 500 | +100.0% | 0.00% | – |
| UNM | Unum Group | $206,996 | -4.8% | 4,050 | 0.0% | 0.00% | 0.0% | |
| Cir SPA | $160,220 | +10.2% | 251,250 | 0.0% | 0.00% | +100.0% | ||
| Hanjaya Mandala Sampoerna | $216,794 | -20.1% | 5,000,000 | 0.0% | 0.00% | -33.3% | ||
| BP | Buy | BP PLC ADR | $236,165 | -3.5% | 6,542 | +0.8% | 0.00% | -33.3% |
| DVCMY | Davide Campari-Milano ADR | $129,091 | -6.0% | 13,650 | 0.0% | 0.00% | 0.0% | |
| DANOY | Exit | Danone ADR | $0 | – | -10,057 | -100.0% | -0.00% | – |
| BURCA | Exit | Burnham Hldgs Inc Cl A | $0 | – | -10,000 | -100.0% | -0.00% | – |
| LVMUY | Exit | LVMH Moet Hennessy Louis Vuitt | $0 | – | -1,121 | -100.0% | -0.00% | – |
| Exit | LVMH Moet Hennessy Louis Vuitt | $0 | – | -560 | -100.0% | -0.01% | – | |
| UL | Exit | Unilever PLC ADR | $0 | – | -15,167 | -100.0% | -0.01% | – |
| CABO | Exit | Cable One Inc | $0 | – | -11,681 | -100.0% | -0.05% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2024-08-13
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 |
|---|---|---|---|
| Berkshire Hathaway Inc Cl A | 45 | Q2 2024 | 14.4% |
| Nestle SA Sponsored ADR | 45 | Q2 2024 | 12.9% |
| Mastercard Inc Cl A | 45 | Q2 2024 | 16.2% |
| Philip Morris International In | 45 | Q2 2024 | 9.3% |
| Heineken Holding NV | 45 | Q2 2024 | 7.8% |
| Pernod Ricard | 45 | Q2 2024 | 7.7% |
| Berkshire Hathaway Inc Cl B | 45 | Q2 2024 | 6.3% |
| Wells Fargo | 45 | Q2 2024 | 7.3% |
| Martin Marietta Materials | 45 | Q2 2024 | 5.0% |
| Brown-Forman Corp Cl A | 45 | Q2 2024 | 2.7% |
View Gardner Russo & Gardner's complete holdings history.
Latest filings
| Type | Filed |
|---|---|
| N-PX | 2024-08-14 |
| 13F-HR | 2024-08-13 |
| 13F-HR | 2024-05-14 |
| 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 |
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.