Follow The Filings

Gardner Russo & Quinn LLC Thomas Russo

Lancaster, PA 20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

  • $8.9B
  • 85 holdings
  • 2026 Q2
  • +5.1% QoQ
  • Top 5 50.8%

Portfolio

2026 Q2, filed 8/13/2026, top 12 of 85 holdings

Top 5 50.8%, top 10 80.0%

  1. GOOG, Alphabet Class C 12.1%
  2. BRK.A, Berkshire Hathaway Class A 12.0%
  3. PM, Philip Morris International 9.2%
  4. MA, Mastercard 8.8%
  5. CFRUY, Richemont 8.7%
  6. HKHHY, Heineken 7.6%
  7. NSRGY, Nestle 6.1%
  8. BRK.B, Berkshire Hathaway Class B 6.0%
  9. URI, Sunbelt Rentals 4.9%
  10. NFLX, Netflix 4.6%
  11. MLM, Martin Marietta Materials 4.6%
  12. UBER, Uber 4.1%
  13. Other 11.3%

AUM over time

2026 Q2 $8.9B +5.1% QoQ
2021 Q3: $10.8B 2021 Q3: $10.8B
Q3 2021
2021 Q4: $11.2B, +3.3% QoQ 2021 Q4: $11.2B, +3.3% QoQ
Q4
2022 Q1: $10.4B, −7.3% QoQ 2022 Q1: $10.4B, −7.3% QoQ
Q1 2022
2022 Q2: $8.9B, −14.0% QoQ 2022 Q2: $8.9B, −14.0% QoQ
Q2
2022 Q3: $8.3B, −7.6% QoQ 2022 Q3: $8.3B, −7.6% QoQ
Q3
2022 Q4: $9.1B, +9.6% QoQ 2022 Q4: $9.1B, +9.6% QoQ
Q4
2023 Q1: $9.6B, +6.4% QoQ 2023 Q1: $9.6B, +6.4% QoQ
Q1 2023
2023 Q2: $10.1B, +5.0% QoQ 2023 Q2: $10.1B, +5.0% QoQ
Q2
2023 Q3: $9.2B, −9.4% QoQ 2023 Q3: $9.2B, −9.4% QoQ
Q3
2023 Q4: $9.8B, +7.0% QoQ 2023 Q4: $9.8B, +7.0% QoQ
Q4
2024 Q1: $9.7B, −0.7% QoQ 2024 Q1: $9.7B, −0.7% QoQ
Q1 2024
2024 Q2: $9.5B, −2.9% QoQ 2024 Q2: $9.5B, −2.9% QoQ
Q2
2024 Q3: $9.7B, +2.9% QoQ 2024 Q3: $9.7B, +2.9% QoQ
Q3
2024 Q4: $8.8B, −9.2% QoQ 2024 Q4: $8.8B, −9.2% QoQ
Q4
2025 Q1: $8.9B, +0.8% QoQ 2025 Q1: $8.9B, +0.8% QoQ
Q1 2025
2025 Q2: $9.4B, +5.5% QoQ 2025 Q2: $9.4B, +5.5% QoQ
Q2
2025 Q3: $9.3B, −0.9% QoQ 2025 Q3: $9.3B, −0.9% QoQ
Q3
2025 Q4: $9.3B, −0.7% QoQ 2025 Q4: $9.3B, −0.7% QoQ
Q4
2026 Q1: $8.5B, −8.3% QoQ 2026 Q1: $8.5B, −8.3% QoQ
Q1 2026
2026 Q2: $8.9B, +5.1% QoQ 2026 Q2: $8.9B, +5.1% QoQ
Q2

Book

2022 Q1 2021 Q4, filed 12 May, long equity only

Download CSV Download Excel All activity
BRK.A, Berkshire Hathaway Class A 14.24% Reduce −5.9% 2,799 $528,921 $1.5B −177 +$139M
NSRGY, Nestle 11.16%, was 11.58% Reduce −3.7% 8,912,209 $130.10 $1.2B −337,958 −$139M
MA, Mastercard 9.62%, was 9.80% Reduce −8.5% 2,798,219 $357.38 $1B −259,994 −$99M
GOOG, Alphabet Class C 9.42% Reduce −3.5% 350,345 $2,793 $979M −12,651 −$72M
CFRUY, Richemont 7.31%, was 8.17% Reduce −2.8% 5,923,312 $128.23 $760M −168,401 −$156M
PRNDY, Pernod Ricard 6.41%, was 6.72% Reduce −4.1% 3,003,615 $221.75 $666M −126,824 −$87M
PM, Philip Morris International 6.33% Reduce −3.3% 7,005,566 $93.94 $658M −235,946 −$30M
HKHHY, Heineken 6.26% Add +6.3% 8,229,407 $79.11 $651M +490,114 −$63M
BRK.B, Berkshire Hathaway Class B 6.06% Reduce −2.3% 1,783,715 $352.91 $629M −42,495 +$83M
MLM, Martin Marietta Materials 4.05%, was 4.59% Reduce −6.5% 1,092,971 $384.89 $421M −75,707 −$94M
UL, Unilever 3.43%, was 4.08% Reduce −7.9% 7,826,397 $45.57 $357M −674,815 −$101M
JPM, JPMorgan Chase 2.80%, was 3.31% Reduce −9.0% 2,133,032 $136.32 $291M −211,225 −$80M
CMCSA, Comcast 2.20%, was 2.26% Reduce −3.1% 4,875,977 $46.82 $228M −155,793 −$25M
Ashtead Group 1.82%, was 1.76% Add +21.0% 2,970,804 $63.63 $189M +516,107 −$8.5M
BABA, Alibaba 1.65% Add +0.7% 1,573,018 $108.80 $171M +10,516 −$14M
BF.A, Brown-Forman Class A 1.63%, was 1.69% Reduce −3.5% 2,700,581 $62.74 $169M −98,083 −$20M
CABO, Cable One 1.30% Add +1.9% 92,513 $1,464 $135M +1,692 −$25M
V, Visa 0.81% Reduce −0.8% 379,237 $221.77 $84M −2,920 +$1.3M
BF.B, Brown-Forman Class B 0.69%, was 0.71% Reduce −1.9% 1,071,033 $67.02 $72M −21,241 −$7.8M
BUD, Anheuser-Busch InBev 0.47% Reduce −4.1% 804,543 $60.37 $49M −34,238 −$2.1M
WFC, Wells Fargo 0.41%, was 0.45% Reduce −16.3% 876,446 $48.46 $42M −170,900 −$7.8M
MO, Altria 0.17%, was 0.14% Add +0.1% 331,544 $52.25 $17M +369 +$1.6M
XOM, Exxon Mobil 0.14%, was 0.10% Add +0.4% 179,863 $82.59 $15M +796 +$3.9M
VMC, Vulcan Materials 0.12% Add +0.3% 67,177 $183.69 $12M +225 −$1.6M
Davide Campari-Milano 0.10% Add +0.3% 881,217 $11.74 $10M +2,381 −$2.5M
MTCH, Swedish Match AB 0.10% Reduce −3.2% 1,304,263 $7.61 $9.9M −43,018 −$797K
MKL, Markel Group 0.09% Reduce −0.2% 6,517 $1,475 $9.6M −10 +$1.6M
Crane 0.08% Reduce −0.9% 74,356 $108.28 $8.1M −700 +$416K
AXP, American Express 0.07% Reduce −2.1% 40,217 $187.01 $7.5M −860 +$801K
Outfront Media 0.07% Reduce −9.4% 257,543 $28.43 $7.3M −26,770 −$303K
HRL, Hormel Foods 0.07% Reduce −0.9% 137,791 $51.54 $7.1M −1,200 +$318K
PG, Procter & Gamble 0.06% Add +1.6% 38,372 $152.79 $5.9M +615 −$313K
NSRGY, Nestle SA-REG 0.05% Hold 42,370 $130.61 $5.5M — —
UNP, Union Pacific 0.05%, was 0.04% Add +0.4% 18,324 $273.19 $5M +72 +$408K
DOV, Dover 0.05% Reduce −0.8% 30,217 $156.90 $4.7M −250 −$792K
MKC, McCormick 0.05% Reduce −1.3% 47,225 $99.80 $4.7M −600 +$93K
Carlsberg B A/S 0.04% Add +9.2% 37,536 $124.15 $4.7M +3,154 −$1.3M
HKHHY, Heineken 0.04% Hold 39,066 $96.32 $3.8M — —
PEP, PepsiCo 0.03% Reduce −0.4% 21,667 $167.40 $3.6M −89 −$152K
COST, Costco 0.03% Add +9.0% 5,739 $575.88 $3.3M +475 +$317K
GOOGL, Alphabet Class A 0.03% Reduce −1.2% 982 $2,781 $2.7M −12 −$149K
Loreal 0.03% Hold 6,745 $404.89 $2.7M — —
Lindt & Spruengli AG - 0.02% Hold 19 $121,474 $2.3M — —
SWZ, Swiss Helvetia FUND 0.02% Add +1.8% 239,081 $9.22 $2.2M +4,282 −$130K
CFRUY, Richemont 0.02% Reduce −1.7% 168,699 $12.82 $2.2M −2,979 −$417K
PNC 0.02% Reduce −4.1% 11,693 $184.47 $2.2M −500 −$288K
PRNDY, Pernod Ricard 0.02% Reduce −1.7% 48,023 $44.35 $2.1M −815 −$219K
ABBV, AbbVie 0.02% Hold 12,910 $162.12 $2.1M — —
UL, Unilever 0.02% Hold 44,000 $45.57 $2M — —
ABT, Abbott Laboratories 0.01% Hold 12,275 $118.37 $1.5M — —

Showing top 50 of 83 by value

Exits / last held

Gone since 2021 Q4, shown at their last reported size.

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
NKE, Nike — Exit 0 $166.67 $257K −1,542 −$257K
SBUX, Starbucks — Exit 0 $116.99 $208K −1,778 −$208K
SHW, Sherwin-Williams — Exit 0 $352.14 $206K −585 −$206K
Holding — Exit 0 $165.17 $203K −1,229 −$203K

Weight bar: held both quarters added sold at this quarter’s reported price

* Reported price is value ÷ shares from the 13F as of period end, not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2021 Q4. Click a column header to sort, or New, Hold, Add or Reduce to bring those moves to the top. Exit opens the last-held block below.

Filings history

20 periods, with AUM normalized

Newest 13Fs
Period Holds AUM QoQ Form Filed Filing ID
2026 Q2 85 $8.9B +5.1% 13F-HR 8/13/2026 000086064326000005
2026 Q1 86 $8.5B −8.3% 13F-HR 5/13/2026 000086064326000003
2025 Q4 87 $9.3B −0.7% 13F-HR 2/12/2026 000086064326000001
2025 Q3 85 $9.3B −0.9% 13F-HR 11/12/2025 000086064325000007
2025 Q2 85 $9.4B +5.5% 13F-HR 8/13/2025 000086064325000004
2025 Q1 86 $8.9B +0.8% 13F-HR 5/13/2025 000086064325000003
2024 Q4 68 $8.8B −9.2% 13F-HR 2/12/2025 000086064325000001
2024 Q3 77 $9.7B +2.9% 13F-HR 11/13/2024 000086064324000007
2024 Q2 77 $9.5B −2.9% 13F-HR 8/13/2024 000086064324000004
2024 Q1 81 $9.7B −0.7% 13F-HR 5/14/2024 000086064324000003
2023 Q4 82 $9.8B +7.0% 13F-HR 2/13/2024 000086064324000001
2023 Q3 82 $9.2B −9.4% 13F-HR 11/14/2023 000086064323000005
2023 Q2 83 $10.1B +5.0% 13F-HR 8/11/2023 000086064323000004
2023 Q1 84 $9.6B +6.4% 13F-HR 5/11/2023 000086064323000003
2022 Q4 83 $9.1B +9.6% 13F-HR 2/13/2023 000086064323000001
2022 Q3 83 $8.3B −7.6% 13F-HR 11/10/2022 000086064322000004
2022 Q2 85 $8.9B −14.0% 13F-HR 8/4/2022 000086064322000003
2022 Q1 84 $10.4B −7.3% 13F-HR 5/12/2022 000086064322000002
2021 Q4 88 $11.2B +3.3% 13F-HR 2/10/2022 000086064322000001
2021 Q3 87 $10.8B — 13F-HR 11/15/2021 000086064321000006

About

Gardner Russo & Quinn LLC

20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person
Thomas Russo
SEC filing name
GARDNER RUSSO & QUINN LLC
Location
Lancaster, PA
All SEC filings
View on sec.gov