Gardner Russo & Gardner Q4 2019

Gardner Russo & Gardner holdings Q4 2019
Name ValueChangeSharesChangeWeightingChange
Mastercard Inc Cl A$1,905,141
5.14%
6,380,459
-4.37%
14.61%
3.61%
Nestle SA-Spons ADR$1,381,424
-2.25%
12,760,244
-2.12%
10.60%
-3.68%
Berkshire Hathaway Inc Cl A$1,307,422
6.79%
3,850
-1.94%
10.03%
5.23%
Heineken Holding NV$872,093
-4.25%
8,992,136
-1.68%
6.69%
-5.65%
Pernod Ricard$866,877
-1.46%
4,844,875
-1.89%
6.65%
-2.90%
Compagnie Financiere Richemont$797,849
4.36%
10,157,731
-2.44%
6.12%
2.84%
Philip Morris International In$754,231
9.36%
8,863,924
-2.42%
5.79%
7.76%
Unilever NV ADR$711,025
-6.30%
12,374,258
-2.11%
5.45%
-7.67%
Wells Fargo$680,031
5.46%
12,639,980
-1.13%
5.22%
3.92%
Anheuser-Busch InBev SA$618,207
-16.17%
7,574,490
-2.11%
4.74%
-17.40%
Berkshire Hathaway Inc Cl B$499,857
6.20%
2,206,875
-2.47%
3.83%
4.65%
Martin Marietta Materials$471,824
-0.94%
1,687,254
-2.90%
3.62%
-2.39%
Alphabet Inc Cl C$418,259
34.36%
312,829
22.50%
3.21%
32.39%
The Swatch Group AG-BR$291,185
0.83%
1,044,330
-3.93%
2.23%
-0.64%
Comcast Corp New Cl A$259,873
-2.38%
5,778,809
-2.15%
1.99%
-3.81%
Brown-Forman Corp Cl A$234,692
1.20%
3,738,915
-3.67%
1.80%
-0.28%
Diageo PLC$230,130
0.58%
5,427,771
-2.57%
1.77%
-0.89%
JC Decaux SA ACT$195,731
10.51%
6,345,372
-2.98%
1.50%
8.89%
Brown-Forman Corp Cl B$116,377
2.80%
1,721,550
-4.53%
0.89%
1.30%
Altria Group Inc$110,851
-17.52%
2,221,018
-32.41%
0.85%
-18.72%
Visa Inc Cl A$93,013
7.59%
495,011
-1.51%
0.71%
6.02%
Diageo PLC Sponsored ADR$39,142
1.44%
232,405
-1.51%
0.30%
-0.04%
American Express$16,416
0.90%
131,870
-4.13%
0.13%
-0.58%
Exxon Mobil Corp$10,192
-3.11%
146,062
-1.95%
0.08%
-4.52%
Swedish Match AB$10,098
12.89%
195,800
-9.36%
0.08%
11.24%
Fomento Economico Mex Sp ADR$10,083
-15.70%
106,688
-18.31%
0.08%
-16.93%
Markel Corp$8,605
-3.91%
7,527
-0.66%
0.07%
-5.31%
Outfront Media Inc$8,503
-6.73%
317,032
-3.40%
0.07%
-8.10%
Crane$8,335
4.79%
96,493
-2.18%
0.06%
3.26%
Vulcan Materials$8,158
-5.85%
56,659
-1.10%
0.06%
-7.23%
Herman Miller Inc$6,934
-10.86%
166,481
-1.36%
0.05%
-12.17%
Hormel Foods Corp$6,803
2.58%
150,805
-0.57%
0.05%
1.08%
Danone ADR$5,553
-36.67%
334,718
-32.74%
0.04%
-37.60%
Coca-Cola$5,549
-3.45%
100,254
-5.03%
0.04%
-4.86%
McCormick Inc$4,871
8.39%
28,700
-0.17%
0.04%
6.81%
Dover Corp$4,848
15.21%
42,065
-0.47%
0.04%
13.53%
Procter & Gamble$4,749
-1.70%
38,025
-2.09%
0.04%
-3.13%
Nestle SA-REG$4,572
-0.35%
42,2500.00%0.04%
-1.80%
Heineken NV$4,325
-12.52%
40,588
-11.26%
0.03%
-13.80%
Anheuser-Busch InBev SA Restri$4,028
-14.33%
49,3570.00%0.03%
-15.59%
Pepsico Inc$3,289
-6.83%
24,068
-6.51%
0.03%
-8.19%
PNC Bank Corp$2,712
10.78%
16,988
-2.72%
0.02%
9.17%
Alphabet Inc Cl A$2,435
8.13%
1,818
-1.41%
0.02%
6.55%
Lindt & Spruengli AG - Reg$2,296
6.59%
260.00%0.02%
5.03%
Unilever NV$2,243
-4.35%
39,0000.00%0.02%
-5.75%
Fulton Finl Corp$2,044
7.47%
117,274
-0.21%
0.02%
5.90%
Eaton Vance Sr Income TR SFsh ben int$1,925
5.83%
300,315
1.03%
0.01%
4.28%
Royal Dutch Shell PLC ADR A$1,767
-9.48%
29,966
-9.65%
0.01%
-10.80%
Bank Amer Corp$1,725
20.71%
48,9750.00%0.01%
18.95%
Reckitt Benckiser Group PLC$1,557
-2.44%
19,180
-6.06%
0.01%
-3.87%
Heineken NV Spons ADR$1,526
-0.07%
28,637
1.34%
0.01%
-1.53%
Costco Whsl Corp$1,518
1.88%
5,165
-0.10%
0.01%
0.39%
Loreal SA$1,459
-6.83%
4,923
-11.95%
0.01%
-8.19%
J.P. Morgan Chase$1,447
19.19%
10,377
0.57%
0.01%
17.45%
Pernod-Ricard SA-Unspon ADR$1,326
-10.16%
37,050
-10.57%
0.01%
-11.48%
CIE Financiere Richemont-Unsp$1,256
2.28%
159,951
-4.32%
0.01%
0.79%
AbbVie Inc$1,134
15.13%
12,810
-1.54%
0.01%
13.44%
Abbott Labs$1,052
3.85%
12,1100.00%0.01%
2.33%
Chevron Corp$1,042
-2.89%
8,648
-4.42%
0.01%
-4.31%
BIC$1,030
-29.69%
14,805
-32.13%
0.01%
-30.72%
Dupont De Nemours Inc$972
-10.00%
15,133
-0.09%
0.01%
-11.32%
Pargesa Holding AG - B$958
8.00%
11,5260.00%0.01%
6.43%
Dow Inc$831
16.22%
15,188
1.23%
0.01%
14.53%
M & T Bk Corp$741
8.18%
4,365
0.65%
0.01%
6.59%
Lamar Advertising Co-A$725
8.86%
8,1250.00%0.01%
7.27%
Disney Walt Productions$622
10.48%
4,303
-0.46%
0.00%
8.87%
Davide Campari-Milano SPA$600
22.70%
65,620
21.29%
0.00%
20.91%
McDonalds Corp$587
-7.99%
2,9700.00%0.00%
-9.34%
Apple Computer Inc$586
24.95%
1,995
-4.77%
0.00%
23.12%
Microsoft Corp$583
10.42%
3,695
-2.64%
0.00%
8.80%
Truist Financial CorpNew $58010,2930.00%
Wal Mart Stores Inc$577
0.17%
4,8550.00%0.00%
-1.29%
The Swatch Group AG ADR$527
0.38%
37,825
-4.22%
0.00%
-1.09%
Hostess Brands Inc Wts Exp 11/wts$493
35.81%
250,000
17.92%
0.00%
33.83%
O Reilly Automotive Inc$438
9.77%
1,0000.00%0.00%
8.17%
Pioneer Nat Res$394
20.49%
2,6000.00%0.00%
18.73%
Corteva Inc$384
6.08%
12,988
0.45%
0.00%
4.53%
Swedish Match AB Unspon ADR$318
-7.83%
12,325
-25.98%
0.00%
-9.17%
LT Group Inc$296
-11.90%
1,250,0000.00%0.00%
-13.19%
American Intl Group Inc$294
-7.84%
5,7350.00%0.00%
-9.18%
Union Pac Corp$282
11.46%
1,5600.00%0.00%
9.83%
Alleghany Corp$259
0.39%
3240.00%0.00%
-1.08%
LVMH Moet Hennessy Louis Vuitt$253
1.20%
544
-13.51%
0.00%
-0.28%
Merck Inc$250
6.84%
2,751
-1.08%
0.00%
5.28%
Oracle Corp$212
-3.64%
4,0000.00%0.00%
-5.04%
US BancorpNew $2083,5140.00%
Shiseido Co Ltd$208
-25.45%
2,900
-17.14%
0.00%
-26.54%
Roche Holding AG$206
-8.85%
635
-18.06%
0.00%
-10.18%
Danaher CorpNew $2051,3330.00%
Coty Inc-CL A$160
5.26%
14,186
-2.17%
0.00%
3.73%
Cir SPA$153
20.47%
125,0000.00%0.00%
18.71%
Hanjaya Mandala Sampoerna$104
-6.31%
687,5000.00%0.00%
-7.68%
Bollore$59
5.36%
13,5000.00%0.00%
3.82%
Heineken Holding NV ADRSold $0-6,422-0.00%
PZ Cussons PLCSold $0-15,000-0.00%
Groupe DanoneSold $0-3,205-0.00%
BB&T CorpSold $0-10,250-0.00%
Portfolio Information
QuarterQ4 2019
Total value$13,036,704,000
Holdings93
Managers
Thomas Russo
Quarters
2019-12-31
$13,036,704
2019-09-30
$12,846,208
2019-06-30
$13,151,819
2019-03-31
$12,872,843
2018-12-31
$12,045,437
2018-09-30
$13,828,631
2018-06-30
$13,703,610
2018-03-31
$14,333,307
2017-12-31
$14,522,582
2017-09-30
$14,138,144
2017-06-30
$13,549,455
2017-03-31
$12,921,407
2016-12-31
$11,817,855
2016-09-30
$12,018,952
2016-06-30
$11,940,229
2016-03-31
$11,834,733
2015-12-31
$11,696,863
2015-09-30
$11,072,845
2015-06-30
$11,379,222
2015-03-31
$11,127,171
2014-12-31
$10,981,013
2014-09-30
$10,623,979
2014-06-30
$10,822,960
2014-03-31
$10,349,034
2013-12-31
$10,112,324
2013-09-30
$9,422,228
2013-06-30
$8,576,933
SEC Filings