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

2025 Q1 2024 Q4, filed 13 May, long equity only

Download CSV Download Excel All activity


BRK.A, Berkshire Hathaway Class A	14.83%	Reduce −11.3%	1,657	$798,442	$1.3B	−212	+$50M
MA, Mastercard	10.55%, was 11.22%	Reduce −8.9%	1,716,374	$548.12	$941M	−168,290	−$52M
GOOG, Alphabet Class C	8.94%, was 12.13%	Reduce −9.4%	5,106,605	$156.23	$798M	−529,330	−$276M
PM, Philip Morris International	8.93%	Reduce −3.3%	5,016,631	$158.73	$796M	−173,569	+$172M
CFRUY, Richemont	7.34%	Reduce −10.3%	3,788,649	$172.87	$655M	−432,893	+$13M
BRK.B, Berkshire Hathaway Class B	7.05%	Reduce −8.3%	1,180,608	$532.58	$629M	−106,313	+$45M
NSRGY, Nestle	6.97%	Reduce −2.9%	6,143,739	$101.17	$622M	−183,670	+$105M
HKHHY, Heineken	6.59%, was 5.32%	Add +3.6%	8,139,838	$72.27	$588M	+279,676	+$117M
NFLX, Netflix	5.84%, was 6.38%	Reduce −11.8%	558,412	$932.53	$521M	−74,361	−$43M
MLM, Martin Marietta Materials	3.83%	Add +1.0%	714,252	$478.13	$342M	+7,242	−$24M
UBER, Uber	3.62%, was 2.83%	Add +6.8%	4,431,675	$72.86	$323M	+280,808	+$73M
Ashtead Group	3.31%	Add +16.9%	5,514,309	$53.51	$295M	+796,643	+$1.7M
PRNDY, Pernod Ricard	3.19%, was 3.88%	Reduce −5.1%	2,882,247	$98.58	$284M	−156,087	−$59M
JPM, JPMorgan Chase	2.87%, was 3.42%	Reduce −17.3%	1,043,354	$245.30	$256M	−218,355	−$47M
DASH, DoorDash	1.63%, was 1.27%	Add +18.4%	793,665	$182.77	$145M	+123,534	+$33M
CMCSA, Comcast	1.08%, was 1.18%	Reduce −6.0%	2,616,811	$36.90	$97M	−167,237	−$7.9M
BF.A, Brown-Forman Class A	0.70%, was 0.86%	Reduce −7.1%	1,870,922	$33.47	$63M	−143,998	−$13M
V, Visa	0.51%, was 0.73%	Reduce −36.1%	130,701	$350.46	$46M	−73,995	−$19M
BF.B, Brown-Forman Class B	0.31%, was 0.36%	Reduce −2.3%	820,796	$33.94	$28M	−19,600	−$4.1M
XOM, Exxon Mobil	0.25%, was 0.23%	Add +0.3%	189,469	$118.93	$23M	+516	+$2.2M
BUD, Anheuser-Busch InBev	0.23%	Reduce −10.4%	338,650	$61.48	$21M	−39,425	+$1.9M
MKL, Markel Group	0.17%	Reduce −4.0%	8,276	$1,870	$15M	−345	+$591K
MO, Altria	0.17%	Reduce −8.6%	246,648	$60.02	$15M	−23,178	+$695K
CR, Crane	0.10%	Reduce −0.7%	60,305	$153.18	$9.2M	−425	+$22K
UNP, Union Pacific	0.07%, was 0.06%	Add +0.2%	24,588	$236.24	$5.8M	+52	+$213K
WFC, Wells Fargo	0.05%, was 0.15%	Reduce −67.5%	62,901	$71.79	$4.5M	−130,655	−$9.1M
COST, Costco	0.05%, was 0.06%	Reduce −14.1%	4,637	$945.87	$4.4M	−760	−$559K
VMC, Vulcan Materials	0.05%, was 0.06%	Reduce −11.5%	18,737	$233.30	$4.4M	−2,439	−$1.1M
DOV, Dover	0.04%, was 0.05%	Reduce −2.2%	21,951	$175.68	$3.9M	−500	−$355K
AXP, American Express	0.04%, was 0.05%	Reduce −7.8%	13,658	$269.05	$3.7M	−1,158	−$723K
MKC, McCormick	0.04%	Reduce −0.3%	42,626	$82.31	$3.5M	−144	+$248K
SWZ, Swiss Helvetia FUND	0.03%, was 0.02%	Add +1.6%	293,403	$9.22	$2.7M	+4,602	+$542K
ABBV, AbbVie	0.03%	Hold	12,410	$209.52	$2.6M	—	—
GOOGL, Alphabet Class A	0.03%, was 0.04%	Reduce −23.7%	15,611	$154.64	$2.4M	−4,855	−$1.5M
Lindt & Spruengli AG -	0.02%	Hold	16	$130,884	$2.1M	—	—
PG, Procter & Gamble	0.02%, was 0.05%	Reduce −53.7%	11,000	$170.42	$1.9M	−12,754	−$2.1M
MSFT, Microsoft	0.02%	Reduce −6.8%	4,620	$375.39	$1.7M	−335	−$354K
PEP, PepsiCo	0.02%	Reduce −4.8%	10,979	$149.94	$1.6M	−549	−$107K
ABT, Abbott Laboratories	0.02%	Hold	11,510	$132.65	$1.5M	—	—
Loreal	0.02%	Reduce −28.5%	4,086	$370.35	$1.5M	−1,625	−$508K
Konecranes	0.02%	New	23,650	$63.52	$1.5M	+23,650	+$1.5M
H, Hyatt Hotels	0.02%	New	11,675	$122.50	$1.4M	+11,675	+$1.4M
HRL, Hormel Foods	0.02%	Reduce −8.5%	46,081	$30.94	$1.4M	−4,264	−$154K
Davide Campari-Milano	0.02%, was 0.04%	Reduce −59.4%	235,151	$5.85	$1.4M	−344,380	−$2.2M
Demant A/S	0.02%	New	40,250	$33.47	$1.3M	+40,250	+$1.3M
Carlsberg B A/S	0.01%, was 0.02%	Reduce −43.2%	10,307	$126.95	$1.3M	−7,831	−$429K
HRI, Herc	0.01%	New	9,450	$134.27	$1.3M	+9,450	+$1.3M
FULT, Fulton Financial	0.01%, was 0.02%	Reduce −6.7%	69,700	$18.09	$1.3M	−5,000	−$179K
HKHHY, Heineken	0.01%	Hold	15,131	$81.43	$1.2M	—	—
Fluidra	0.01%	New	50,500	$23.40	$1.2M	+50,500	+$1.2M
AAPL, Apple	0.01%, was 0.02%	Reduce −9.6%	5,249	$222.13	$1.2M	−555	−$287K
De'Longhi	0.01%	New	35,250	$32.90	$1.2M	+35,250	+$1.2M
Puig Brands	0.01%	New	68,000	$17.00	$1.2M	+68,000	+$1.2M
H&M	0.01%	New	88,000	$13.13	$1.2M	+88,000	+$1.2M
Lotus Bakeries	0.01%	New	130	$8,868	$1.2M	+130	+$1.2M
NSRGY, Nestle SA-REG	0.01%	Add +7.9%	11,285	$100.98	$1.1M	+825	+$275K
Electrolux Professional	0.01%	New	175,500	$6.22	$1.1M	+175,500	+$1.1M
YETI, Yeti Holdings	0.01%	New	32,500	$33.10	$1.1M	+32,500	+$1.1M
SSP Group	0.01%	New	548,000	$1.93	$1.1M	+548,000	+$1.1M
LEVI, Levi Strauss	0.01%	New	67,725	$15.59	$1.1M	+67,725	+$1.1M
GNRC, Generac	0.01%	New	8,250	$126.65	$1M	+8,250	+$1M
Fielmann	0.01%	New	22,300	$45.21	$1M	+22,300	+$1M
KO, Coca-Cola	0.01%	Reduce −3.3%	13,640	$71.62	$977K	−465	+$99K
WRBY, Warby Parker	0.01%	New	51,650	$18.23	$942K	+51,650	+$942K
RL, Ralph Lauren	0.01%	New	4,100	$220.74	$905K	+4,100	+$905K
WMT, Walmart	0.01%	Reduce −0.6%	10,240	$87.79	$899K	−65	−$32K
JBTM, JBT Marel	0.01%	New	7,250	$122.20	$886K	+7,250	+$886K
PNC	0.01%	Hold	4,950	$175.77	$870K	—	—
Rational	0.01%	New	975	$826.35	$806K	+975	+$806K
FBLA, FB Bancorp	0.01%	Hold	70,000	$11.26	$788K	—	—
CVX, Chevron	0.01%	Reduce −5.6%	4,217	$167.27	$705K	−248	+$59K
LAMR, Lamar Advertising Co-A	0.01%	Hold	5,974	$113.78	$680K	—	—
ORCL, Oracle	0.01%	Hold	3,475	$139.81	$486K	—	—
TFC, Truist	0.00%	Add +0.8%	9,692	$41.15	$399K	+75	−$18K
LT Group	0.00%	Hold	1,775,000	$0.2128	$378K	—	—
FMX, Fomento Economico	0.00%	Reduce −2.0%	3,398	$97.58	$332K	−68	+$35K
UNM, Unum Group	0.00%	Hold	3,800	$81.46	$310K	—	—
DIS, Disney	0.00%	Reduce −17.6%	2,943	$98.70	$290K	−628	−$107K
OUT, Outfront Media	0.00%, was 0.01%	Reduce −60.5%	17,706	$16.14	$286K	−27,108	−$509K
MRK, Merck	0.00%	Reduce −5.6%	2,763	$89.76	$248K	−163	−$43K
HKHHY, Heineken	0.00%	Reduce −13.8%	6,260	$36.13	$226K	−1,006	+$9K
MCD, McDonald's	0.00%	Hold	705	$312.37	$220K	—	—
DEO, Diageo	0.00%	Reduce −2.1%	8,077	$26.00	$210K	−175	−$52K
Hanjaya Mandala Sampoerna	0.00%	Hold	5,000,000	$0.0332	$166K	—	—
Cofide SPA	0.00%	Hold	251,250	$0.5930	$149K	—	—

Showing top 50 of 85 by value

Exits / last held

Gone since 2024 Q4, shown at their last reported size.

Stock	% of portfolio	Recent activity	Shares	Reported price*	Value	Share change	$ change
MDLZ, Mondelez	—	Exit	0	$59.77	$263K	−4,400	−$263K
CFRUY, Richemont	—	Exit	0	$15.24	$185K	−12,140	−$185K

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