Gardner Russo & Quinn (Russo)
Tier 2 · solid recordGraham/global value
~11.3% net CAGR 1990–2024, +0.9pp (private, modest edge).
Positions
85
as of Q2 2026
Top-5 concentration
51%
of equity portfolio
Latest filing
Q2 2026
13F report date
Reported holdings long US equity, by weight
| Ticker | Sector | Weight | Value | Change |
|---|---|---|---|---|
| GOOG Alphabet Inc Cl C | Information Technology | 12.1% | $1.08B | TRIM |
| BRK/A Berkshire Hathaway Inc Cl A | — | 12.0% | $1.07B | TRIM |
| PM Philip Morris International In | Consumer Staples | 9.2% | $820M | TRIM |
| MA Mastercard Inc Cl A | Industrials | 8.8% | $782M | TRIM |
| — Compagnie Financiere Richemont | — | 8.7% | $774M | TRIM |
| — Heineken Holding NV | — | 7.6% | $680M | TRIM |
| NSRGY Nestle SA Sponsored ADR | — | 6.1% | $546M | TRIM |
| BRK/B Berkshire Hathaway Inc Cl B | — | 6.1% | $540M | TRIM |
| SUNB Sunbelt Rentals Holdings Inc | Industrials | 4.9% | $441M | TRIM |
| NFLX Netflix Inc | Communication Services | 4.6% | $408M | ADD |
| MLM Martin Marietta Materials | Materials | 4.6% | $407M | TRIM |
| UBER Uber Technologies Inc | Industrials | 4.1% | $367M | TRIM |
| — Eurofins Scientific | — | 3.6% | $321M | ADD |
| DASH Doordash Inc Cl A | Industrials | 2.5% | $219M | ADD |
| — Pernod Ricard | — | 1.9% | $172M | TRIM |
| CMCSA Comcast Corp New Cl A | Communication Services | 0.6% | $54M | TRIM |
| BF/A Brown-Forman Corp Cl A | — | 0.5% | $44M | TRIM |
| V Visa Inc Cl A | Industrials | 0.3% | $30M | TRIM |
| XOM Exxon Mobil Corp | Energy | 0.3% | $25M | NEW |
| BF/B Brown-Forman Corp Cl B | — | 0.2% | $17M | TRIM |
| — Anheuser-Busch InBev SA | — | 0.2% | $14M | TRIM |
| MO Altria Group Inc | Consumer Staples | 0.1% | $11M | TRIM |
| CR Crane Company | Industrials | 0.1% | $10M | TRIM |
| MKL Markel Corp | Financials | 0.1% | $8M | TRIM |
| JPM J.P. Morgan Chase | Financials | 0.1% | $8M | TRIM |
| UNP Union Pac Corp | Industrials | 0.1% | $7M | TRIM |
| DOV Dover Corp | Industrials | 0.0% | $4M | TRIM |
| GOOGL Alphabet Inc Cl A | Information Technology | 0.0% | $4M | TRIM |
| COST Costco Whsl Corp | Consumer Discretionary | 0.0% | $3M | TRIM |
| ABBV AbbVie Inc | Health Care | 0.0% | $3M | HOLD |
| WRBY Warby Parker Inc Cl A | Health Care | 0.0% | $2M | HOLD |
| VMC Vulcan Materials | Materials | 0.0% | $2M | HOLD |
| LEVI Levi Strauss & Co Cl A | Industrials | 0.0% | $2M | ADD |
| — ALK Abello A/S | — | 0.0% | $2M | ADD |
| MKC McCormick Inc | Consumer Staples | 0.0% | $2M | TRIM |
| — De'Longhi | — | 0.0% | $2M | ADD |
| — Lindt & Spruengli AG - Reg | — | 0.0% | $2M | HOLD |
| — SSP Group | — | 0.0% | $2M | HOLD |
| AXP American Express | Financials | 0.0% | $2M | TRIM |
| — Demant A/S | — | 0.0% | $2M | HOLD |
| — Loreal SA | — | 0.0% | $2M | HOLD |
| — Fielmann | — | 0.0% | $2M | HOLD |
| — Konecranes | — | 0.0% | $2M | HOLD |
| — Rational AG | — | 0.0% | $2M | HOLD |
| — Fluidra | — | 0.0% | $2M | HOLD |
| — Lotus Bakeries | — | 0.0% | $2M | HOLD |
| MSFT Microsoft Corp | Information Technology | 0.0% | $1M | ADD |
| AAPL Apple Inc | Information Technology | 0.0% | $1M | TRIM |
| — Carlsberg B A/S | — | 0.0% | $1M | ADD |
| — Sunbelt Rentals Holdings ORD | — | 0.0% | $1M | HOLD |
| — Heineken NV | — | 0.0% | $1M | HOLD |
| — Puig Brands | — | 0.0% | $1M | HOLD |
| PEP Pepsico Inc | Consumer Staples | 0.0% | $1M | TRIM |
| — Davide Campari-Milano NV | — | 0.0% | $1M | TRIM |
| — Kalmar Oyj B | — | 0.0% | $1M | ADD |
| YETI Yeti Holdings Inc | Industrials | 0.0% | $1M | HOLD |
| — Nestle SA-REG | — | 0.0% | $1M | HOLD |
| — H&M | — | 0.0% | $1M | HOLD |
| FULT Fulton Finl Corp | Financials | 0.0% | $1M | TRIM |
| JBTM JBT Marel Corp | Industrials | 0.0% | $1M | HOLD |
| ABT Abbott Labs | Health Care | 0.0% | $1M | HOLD |
| — Electrolux Professional | — | 0.0% | $1M | HOLD |
| KO Coca-Cola | Consumer Staples | 0.0% | $1M | TRIM |
| PG Procter & Gamble | Materials | 0.0% | $961K | TRIM |
| WMT Wal Mart Stores Inc | Consumer Discretionary | 0.0% | $959K | TRIM |
| HRI Herc Holdings Inc | Industrials | 0.0% | $925K | HOLD |
| LAMR Lamar Advertising Co-A | Real Estate | 0.0% | $837K | HOLD |
| — Zalando SE | — | 0.0% | $812K | HOLD |
| FBLA FB Bancorp Inc | Financials | 0.0% | $753K | HOLD |
| WFC Wells Fargo | Financials | 0.0% | $616K | HOLD |
| SWZ Total Return Securities Fund | — | 0.0% | $580K | HOLD |
| HRL Hormel Foods Corp | Consumer Staples | 0.0% | $459K | TRIM |
| OUT Outfront Media Inc | Real Estate | 0.0% | $445K | HOLD |
| — LT Group Inc | — | 0.0% | $432K | HOLD |
| CVX Chevron Corp | Energy | 0.0% | $409K | HOLD |
| ORCL Oracle Corp | Information Technology | 0.0% | $398K | TRIM |
| UNM Unum Group | Financials | 0.0% | $312K | TRIM |
| JNJ Johnson & Johnson | Health Care | 0.0% | $282K | TRIM |
| CAT Caterpillar Inc | Industrials | 0.0% | $282K | TRIM |
| MCD McDonalds Corp | Consumer Discretionary | 0.0% | $256K | HOLD |
| DIS Disney Walt Productions | Communication Services | 0.0% | $240K | TRIM |
| AMZN Amazon.com Inc | Consumer Discretionary | 0.0% | $223K | TRIM |
| MRK Merck Inc | Health Care | 0.0% | $211K | TRIM |
| — Cofide SPA | — | 0.0% | $200K | HOLD |
| — Hanjaya Mandala Sampoerna | — | 0.0% | $187K | HOLD |
Weights are share of the manager’s reported long US-equity portfolio (13F). Options, bonds, and non-US/private holdings aren’t reported here. “Change” vs the prior reported quarter.