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 Q2 2025 Q1, filed 13 Aug, long equity only

Download CSV Download Excel All activity


BRK.A, Berkshire Hathaway Class A	12.58%, was 14.83%	Reduce −2.0%	1,624	$728,800	$1.2B	−33	−$139M
MA, Mastercard	10.05%, was 10.55%	Reduce −1.9%	1,683,051	$561.94	$946M	−33,323	+$5M
GOOG, Alphabet Class C	9.60%	Reduce −0.3%	5,090,317	$177.39	$903M	−16,288	+$105M
PM, Philip Morris International	9.43%	Reduce −2.9%	4,873,326	$182.13	$888M	−143,305	+$91M
NFLX, Netflix	7.72%	Reduce −2.9%	542,334	$1,339	$726M	−16,078	+$206M
CFRUY, Richemont	7.44%	Reduce −1.6%	3,728,315	$187.75	$700M	−60,334	+$45M
HKHHY, Heineken	6.65%, was 6.59%	Add +3.6%	8,430,646	$74.25	$626M	+290,808	+$38M
NSRGY, Nestle	6.35%, was 6.97%	Reduce −2.1%	6,014,833	$99.32	$597M	−128,906	−$24M
BRK.B, Berkshire Hathaway Class B	5.96%, was 7.05%	Reduce −2.2%	1,154,566	$485.77	$561M	−26,042	−$68M
UBER, Uber	4.86%, was 3.62%	Add +10.5%	4,896,722	$93.30	$457M	+465,047	+$134M
MLM, Martin Marietta Materials	4.16%	Reduce −0.2%	712,779	$548.96	$391M	−1,473	+$50M
Ashtead Group	3.95%, was 3.31%	Add +5.4%	5,810,686	$63.98	$372M	+296,377	+$77M
PRNDY, Pernod Ricard	2.98%, was 3.19%	Reduce −2.0%	2,824,214	$99.31	$280M	−58,033	−$3.7M
DASH, DoorDash	2.53%, was 1.63%	Add +21.8%	966,760	$246.51	$238M	+173,095	+$93M
JPM, JPMorgan Chase	1.77%, was 2.87%	Reduce −45.0%	573,700	$289.91	$166M	−469,654	−$90M
CMCSA, Comcast	0.97%, was 1.08%	Reduce −2.2%	2,557,966	$35.69	$91M	−58,845	−$5.3M
BF.A, Brown-Forman Class A	0.53%, was 0.70%	Reduce −2.3%	1,827,148	$27.47	$50M	−43,774	−$12M
V, Visa	0.48%, was 0.51%	Reduce −2.9%	126,944	$355.05	$45M	−3,757	−$734K
BF.B, Brown-Forman Class B	0.22%, was 0.31%	Reduce −5.2%	778,521	$26.91	$21M	−42,275	−$6.9M
XOM, Exxon Mobil	0.22%	Add +0.4%	190,301	$107.80	$21M	+832	−$2M
BUD, Anheuser-Busch InBev	0.22%, was 0.23%	Reduce −12.5%	296,300	$68.37	$20M	−42,350	−$565K
MKL, Markel Group	0.17%	Reduce −1.6%	8,143	$1,997	$16M	−133	+$792K
CR, Crane	0.12%	Reduce −1.6%	59,355	$189.89	$11M	−950	+$2M
MO, Altria	0.12%, was 0.17%	Reduce −22.4%	191,440	$58.63	$11M	−55,208	−$3.6M
UNP, Union Pacific	0.06%	Add +0.5%	24,715	$230.08	$5.7M	+127	−$122K
COST, Costco	0.05%	Reduce −0.1%	4,633	$989.85	$4.6M	−4	+$200K
AXP, American Express	0.05%	Reduce −0.2%	13,634	$318.98	$4.3M	−24	+$674K
DOV, Dover	0.04%	Reduce −1.8%	21,551	$183.23	$3.9M	−400	+$92K
MKC, McCormick	0.03%, was 0.04%	Reduce −1.5%	41,976	$75.82	$3.2M	−650	−$326K
GOOGL, Alphabet Class A	0.03%	Add +0.8%	15,729	$176.23	$2.8M	+118	+$358K
SWZ, Swiss Helvetia FUND	0.03%	Add +48.0%	434,237	$6.34	$2.8M	+140,834	+$48K
VMC, Vulcan Materials	0.03%, was 0.05%	Reduce −45.8%	10,162	$260.82	$2.7M	−8,575	−$1.7M
Lindt & Spruengli AG -	0.03%	Reduce −6.3%	15	$166,080	$2.5M	−1	+$397K
ABBV, AbbVie	0.02%	Hold	12,410	$185.62	$2.3M	—	—
MSFT, Microsoft	0.02%	Reduce −8.2%	4,240	$497.41	$2.1M	−380	+$375K
Konecranes	0.02%	Hold	23,650	$79.06	$1.9M	—	—
WFC, Wells Fargo	0.02%, was 0.05%	Reduce −63.7%	22,848	$80.12	$1.8M	−40,053	−$2.7M
PG, Procter & Gamble	0.02%	Reduce −0.7%	10,920	$159.32	$1.7M	−80	−$135K
Loreal	0.02%	Reduce −0.9%	4,050	$426.22	$1.7M	−36	+$213K
Demant A/S	0.02%	Add +1.9%	41,000	$41.57	$1.7M	+750	+$357K
Carlsberg B A/S	0.02%, was 0.01%	Add +16.1%	11,967	$141.19	$1.7M	+1,660	+$381K
Davide Campari-Milano	0.02%	Reduce −0.3%	234,393	$6.70	$1.6M	−758	+$196K
ABT, Abbott Laboratories	0.02%	Hold	11,510	$136.01	$1.6M	—	—
Fielmann	0.02%, was 0.01%	Add +3.1%	23,000	$66.56	$1.5M	+700	+$523K
PEP, PepsiCo	0.02%	Reduce −0.2%	10,960	$132.04	$1.4M	−19	−$199K
Puig Brands	0.01%	Hold	68,000	$19.67	$1.3M	—	—
Fluidra	0.01%	Add +5.0%	53,000	$24.89	$1.3M	+2,500	+$137K
HKHHY, Heineken	0.01%	Hold	15,131	$86.89	$1.3M	—	—
SSP Group	0.01%	Hold	548,000	$2.36	$1.3M	—	—
WRBY, Warby Parker	0.01%	Add +12.3%	58,000	$21.93	$1.3M	+6,350	+$330K
Electrolux Professional	0.01%	Hold	175,500	$7.03	$1.2M	—	—
FULT, Fulton Financial	0.01%	Reduce −2.2%	68,200	$18.04	$1.2M	−1,500	−$31K
H, Hyatt Hotels	0.01%, was 0.02%	Reduce −25.7%	8,675	$139.65	$1.2M	−3,000	−$219K
De'Longhi	0.01%	Hold	35,250	$33.45	$1.2M	—	—
RL, Ralph Lauren	0.01%	Hold	4,100	$274.28	$1.1M	—	—
NSRGY, Nestle SA-REG	0.01%	Hold	11,285	$99.03	$1.1M	—	—
HRI, Herc	0.01%	Reduce −10.6%	8,450	$131.69	$1.1M	−1,000	−$156K
Lotus Bakeries	0.01%	Reduce −11.5%	115	$9,590	$1.1M	−15	−$50K
HRL, Hormel Foods	0.01%, was 0.02%	Reduce −22.8%	35,581	$30.25	$1.1M	−10,500	−$349K
AAPL, Apple	0.01%	Reduce −1.9%	5,149	$205.17	$1.1M	−100	−$110K
WMT, Walmart	0.01%	Reduce −0.7%	10,165	$97.78	$994K	−75	+$95K
KO, Coca-Cola	0.01%	Hold	13,640	$70.75	$965K	—	—
Deliveroo	0.01%	New	390,000	$2.41	$940K	+390,000	+$940K
H&M	0.01%	Reduce −27.3%	64,000	$13.94	$892K	−24,000	−$263K
LEVI, Levi Strauss	0.01%	Reduce −29.5%	47,725	$18.49	$882K	−20,000	−$173K
JBTM, JBT Marel	0.01%	Hold	7,250	$120.26	$872K	—	—
Zalando	0.01%	New	26,000	$32.81	$853K	+26,000	+$853K
Rational	0.01%	Hold	975	$835.78	$815K	—	—
GNRC, Generac	0.01%	Reduce −31.5%	5,650	$143.21	$809K	−2,600	−$236K
ORCL, Oracle	0.01%	Hold	3,475	$218.63	$760K	—	—
YETI, Yeti Holdings	0.01%	Reduce −26.2%	24,000	$31.52	$756K	−8,500	−$319K
PNC	0.01%	Reduce −20.2%	3,950	$186.42	$736K	−1,000	−$134K
LAMR, Lamar Advertising Co-A	0.01%	Hold	5,974	$121.36	$725K	—	—
FBLA, FB Bancorp	0.01%	Reduce −21.4%	55,000	$11.25	$619K	−15,000	−$169K
LT Group	0.00%	Hold	1,775,000	$0.2283	$405K	—	—
TFC, Truist	0.00%	Reduce −4.3%	9,280	$42.99	$399K	−412	$—
CVX, Chevron	0.00%, was 0.01%	Reduce −36.7%	2,670	$143.19	$382K	−1,547	−$323K
DIS, Disney	0.00%	Reduce −4.2%	2,818	$124.02	$349K	−125	+$59K
FMX, Fomento Economico	0.00%	Reduce −0.9%	3,368	$102.98	$347K	−30	+$15K
UNM, Unum Group	0.00%	Hold	3,800	$80.76	$307K	—	—
OUT, Outfront Media	0.00%	Reduce −11.4%	15,690	$16.32	$256K	−2,016	−$30K
MCD, McDonald's	0.00%	Hold	705	$292.17	$206K	—	—
DEO, Diageo	0.00%	Hold	8,077	$25.05	$202K	—	—
Hanjaya Mandala Sampoerna	0.00%	Hold	5,000,000	$0.0370	$185K	—	—
Cofide SPA	0.00%	Hold	251,250	$0.6867	$173K	—	—

Showing top 50 of 85 by value

Exits / last held

Gone since 2025 Q1, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
MRK, Merck	—	Exit	$89.76	$248K	−2,763	−$248K
HKHHY, Heineken	—	Exit	$36.10	$226K	−6,260	−$226K
BP	—	Exit	$33.81	$213K	−6,300	−$213K

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