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%

AUM over time

2026 Q2 $8.9B +5.1% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Book

2023 Q1 2022 Q4, filed 11 May, long equity only

Download CSV Download Excel All activity


BRK.A, Berkshire Hathaway Class A	12.46%, was 13.45%	Reduce −0.8%	2,579	$465,600	$1.2B	−21	−$18M
NSRGY, Nestle	10.34%, was 10.52%	Reduce −0.9%	8,191,861	$121.69	$997M	−75,971	+$43M
MA, Mastercard	9.33%, was 9.59%	Reduce −0.9%	2,474,848	$363.41	$899M	−22,900	+$31M
CFRUY, Richemont	9.15%	Reduce −1.8%	5,523,910	$159.71	$882M	−103,002	+$153M
GOOG, Alphabet Class C	9.09%, was 7.77%	Add +6.2%	8,427,202	$104.00	$876M	+494,900	+$173M
HKHHY, Heineken	7.81%	Reduce −0.6%	8,195,112	$91.86	$753M	−48,433	+$119M
PRNDY, Pernod Ricard	6.88%	Reduce −0.4%	2,925,535	$226.74	$663M	−12,218	+$87M
PM, Philip Morris International	6.49%, was 7.21%	Reduce −0.4%	6,430,332	$97.25	$625M	−27,865	−$28M
BRK.B, Berkshire Hathaway Class B	5.26%, was 5.66%	Reduce −1.1%	1,641,630	$308.77	$507M	−17,451	−$5.6M
NFLX, Netflix	3.82%	Reduce −0.5%	1,065,603	$345.48	$368M	−4,960	+$52M
MLM, Martin Marietta Materials	3.69%, was 3.77%	Reduce −0.9%	1,001,338	$355.06	$356M	−9,065	+$14M
Ashtead Group	3.29%	Reduce −0.4%	5,169,533	$61.30	$317M	−22,254	+$22M
JPM, JPMorgan Chase	2.46%, was 2.73%	Reduce −1.4%	1,818,859	$130.31	$237M	−25,205	−$10M
UL, Unilever	2.29%, was 3.04%	Reduce −22.2%	4,250,863	$51.93	$221M	−1,212,193	−$54M
BF.A, Brown-Forman Class A	1.66%, was 1.80%	Reduce −1.1%	2,449,158	$65.19	$160M	−28,085	−$3.2M
CMCSA, Comcast	1.48%	Reduce −1.3%	3,764,199	$37.91	$143M	−51,278	+$9.3M
V, Visa	0.80%	Reduce −1.6%	341,089	$225.46	$77M	−5,622	+$4.9M
BF.B, Brown-Forman Class B	0.66%, was 0.72%	Reduce −0.7%	991,720	$64.27	$64M	−6,862	−$1.8M
CABO, Cable One	0.66%	Add +0.7%	90,219	$702.00	$63M	+598	−$464K
BUD, Anheuser-Busch InBev	0.41%	Reduce −4.1%	586,839	$66.63	$39M	−24,915	+$2.4M
WFC, Wells Fargo	0.29%, was 0.35%	Reduce −2.0%	751,014	$37.38	$28M	−15,167	−$3.6M
XOM, Exxon Mobil	0.20%	Add +0.3%	177,068	$109.66	$19M	+610	−$46K
MO, Altria	0.15%, was 0.16%	Reduce −0.2%	324,590	$44.62	$14M	−702	−$386K
MKL, Markel Group	0.13%	Add +11.7%	9,750	$1,277	$12M	+1,025	+$960K
Davide Campari-Milano	0.10%, was 0.09%	Add +0.3%	815,358	$12.22	$10M	+2,680	+$1.7M
VMC, Vulcan Materials	0.10%, was 0.11%	Reduce −0.7%	54,762	$171.56	$9.4M	−400	−$264K
CXT, Crane	0.08%	Reduce −1.9%	70,331	$113.50	$8M	−1,375	+$780K
AXP, American Express	0.07%	Reduce −1.0%	38,446	$164.95	$6.3M	−385	+$604K
PG, Procter & Gamble	0.06%	Add +2.5%	36,875	$148.69	$5.5M	+898	+$30K
HRL, Hormel Foods	0.05%, was 0.07%	Reduce −3.5%	125,708	$39.88	$5M	−4,525	−$919K
NSRGY, Nestle SA-REG	0.05%	Hold	39,870	$122.01	$4.9M	—	—
Carlsberg B A/S	0.05%, was 0.04%	Add +2.9%	29,361	$155.03	$4.6M	+835	+$772K
DOV, Dover	0.05%	Reduce −1.2%	29,317	$151.94	$4.5M	−345	+$438K
UNP, Union Pacific	0.05%, was 0.04%	Add +16.2%	21,562	$201.26	$4.3M	+3,006	+$497K
Loreal	0.04%, was 0.03%	Add +7.9%	8,436	$446.80	$3.8M	+620	+$986K
MKC, McCormick	0.04%	Reduce −1.3%	44,400	$83.21	$3.7M	−600	−$36K
Outfront Media	0.03%, was 0.04%	Reduce −16.4%	185,674	$16.23	$3M	−36,381	−$668K
HKHHY, Heineken	0.03%, was 0.04%	Reduce −37.1%	25,441	$107.62	$2.7M	−15,000	−$1.1M
PEP, PepsiCo	0.03%, was 0.04%	Reduce −27.0%	14,439	$182.30	$2.6M	−5,338	−$941K
COST, Costco	0.03%	Reduce −4.8%	5,132	$496.92	$2.6M	−257	+$90K
UL, Unilever	0.02%	Hold	44,000	$51.81	$2.3M	—	—
Lindt & Spruengli AG -	0.02%	Hold	19	$118,220	$2.2M	—	—
GOOGL, Alphabet Class A	0.02%	Add +1.1%	19,856	$103.73	$2.1M	+216	+$327K
SWZ, Swiss Helvetia FUND	0.02%	Add +1.6%	258,159	$7.93	$2M	+4,013	+$126K
ABBV, AbbVie	0.02%	Hold	12,610	$159.37	$2M	—	—
PNC	0.01%	Hold	11,268	$127.10	$1.4M	—	—
CFRUY, Richemont	0.01%, was 0.02%	Reduce −21.4%	87,165	$15.97	$1.4M	−23,781	−$46K
DWDPEUR	0.01%	Add +0.5%	17,929	$71.77	$1.3M	+93	+$63K
FMX, Fomento Economico	0.01%	Reduce −2.7%	13,495	$95.19	$1.3M	−376	+$201K
KO, Coca-Cola	0.01%	Reduce −5.8%	19,769	$62.03	$1.2M	−1,226	−$109K
ABT, Abbott Laboratories	0.01%	Hold	11,775	$101.26	$1.2M	—	—
AAPL, Apple	0.01%	Hold	6,982	$164.90	$1.2M	—	—
PRNDY, Pernod Ricard	0.01%	Reduce −22.8%	24,933	$45.35	$1.1M	−7,384	−$137K
FULT, Fulton Financial	0.01%	Add +18.5%	79,905	$13.82	$1.1M	+12,500	−$30K
DOW, DOW Inc	0.01%	Add +1.2%	20,136	$54.82	$1.1M	+248	+$102K
LAMR, Lamar Advertising Co-A	0.01%	Hold	7,925	$99.89	$792K	—	—
CVX, Chevron	0.01%	Add +0.3%	4,826	$163.16	$787K	+13	−$76K
HKHHY, Heineken	0.01%	Hold	16,000	$45.93	$735K	—	—
GHC, Graham	0.01%	Add +0.3%	1,168	$595.82	$696K	+3	−$8K
DEO, Diageo	0.01%	Reduce −24.4%	14,627	$44.69	$654K	−4,724	−$196K
MSFT, Microsoft	0.01%	Reduce −6.8%	2,129	$288.30	$614K	−156	+$66K
HKHHY, Heineken	0.01%	Reduce −37.1%	11,176	$53.81	$601K	−6,594	−$232K
MCD, McDonald's	0.01%	Hold	1,952	$279.61	$546K	—	—
CTVA, Corteva	0.01%	Add +0.3%	8,654	$60.31	$522K	+23	+$15K
WMT, Walmart	0.01%	Reduce −0.7%	3,455	$147.45	$509K	−25	+$16K
Pioneer Natural Resources	0.01%	Hold	2,400	$204.24	$490K	—	—
DIS, Disney	0.00%	Reduce −2.3%	4,455	$100.13	$446K	−104	+$50K
Reckitt Benckiser Group	0.00%	Reduce −1.4%	5,455	$76.14	$415K	−75	+$33K
MRK, Merck	0.00%	Add +4.3%	3,831	$106.40	$408K	+158	$—
TFC, Truist	0.00%	Add +3.3%	11,282	$34.10	$385K	+365	−$85K
Hanjaya Mandala Sampoerna	0.00%	Hold	5,000,000	$0.0750	$375K	—	—
ORCL, Oracle	0.00%	Hold	4,000	$92.92	$372K	—	—
LT Group	0.00%	Hold	1,775,000	$0.1821	$323K	—	—
MDLZ, Mondelez	0.00%	Hold	4,400	$69.72	$307K	—	—
Ashtead Group	0.00%	Hold	1,250	$245.21	$307K	—	—
DHR, Danaher	0.00%	Reduce −8.5%	1,083	$252.04	$273K	−100	−$41K
BP	0.00%	Reduce −2.5%	6,719	$37.94	$255K	−170	+$14K
JC Decaux SA ACT	0.00%	Hold	10,500	$20.98	$220K	—	—
DANOY, Danone	0.00%, was 0.01%	Reduce −75.2%	16,562	$12.45	$206K	−50,175	−$495K
Davide Campari-Milano	0.00%	Hold	13,650	$12.22	$167K	—	—
Cir SPA	0.00%	Hold	251,250	$0.4188	$105K	—	—

Showing top 50 of 81 by value

Exits / last held

Gone since 2022 Q4, shown at their last reported size.

Stock	% of portfolio	Recent activity	Shares	Reported price*	Value	Share change	$ change
MLKN, MillerKnoll	—	Exit	0	$21.03	$328K	−15,600	−$328K

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