GARDNER RUSSO & QUINN LLC
CIK 0000860643
Annualised vol
8.987491%
Beta
0.406844
HHI
764.611652
Top-10 weight
79.980996%
VaR 95%
0.890647%
VaR 99%
1.654308%
Max drawdown
16.482739%
Matched value
62.028349%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| BRK-B | REDUCED | 1,080,796 | 1,111,889 | -2.8% | 1,612,456,152 |
| GOOGL | REDUCED | 3,059,191 | 3,361,947 | -9.01% | 1,080,948,856 |
| MA | REDUCED | 1,522,395 | 1,555,141 | -2.11% | 781,901,965 |
| SUNB | REDUCED | 5,916,003 | 6,067,311 | -2.49% | 442,542,294 |
| NFLX | ADDED | 5,710,088 | 5,610,666 | 1.77% | 407,700,283 |
| MLM | REDUCED | 705,367 | 715,411 | -1.4% | 406,784,959 |
| UBER | REDUCED | 5,084,015 | 5,173,404 | -1.73% | 366,862,522 |
| DASH | ADDED | 1,186,104 | 1,001,195 | 18.47% | 218,871,771 |
| BF-B | REDUCED | 2,237,097 | 2,307,572 | -3.05% | 60,753,079 |
| CMCSA | REDUCED | 2,193,660 | 2,253,106 | -2.64% | 53,854,350 |
| V | REDUCED | 87,256 | 93,812 | -6.99% | 29,936,661 |
| BUD | REDUCED | 171,294 | 184,010 | -6.91% | 14,229,766 |
| MO | REDUCED | 148,603 | 164,461 | -9.64% | 10,692,017 |
| CR | REDUCED | 43,937 | 46,626 | -5.77% | 9,801,027 |
| MKL | REDUCED | 4,265 | 4,954 | -13.91% | 8,329,588 |
| DOV | REDUCED | 18,851 | 19,126 | -1.44% | 4,227,902 |
| ABBV | UNCHANGED | 12,410 | 12,410 | 0.0% | 3,122,852 |
| WRBY | UNCHANGED | 80,000 | 80,000 | 0.0% | 2,427,200 |
| VMC | UNCHANGED | 7,263 | 7,263 | 0.0% | 2,142,658 |
| LEVI | ADDED | 83,725 | 82,725 | 1.21% | 2,078,892 |
| MKC | REDUCED | 37,981 | 38,581 | -1.56% | 1,915,002 |
| AXP | REDUCED | 5,125 | 6,485 | -20.97% | 1,733,531 |
| MSFT | ADDED | 3,584 | 3,544 | 1.13% | 1,336,904 |
| AAPL | REDUCED | 4,601 | 4,751 | -3.16% | 1,331,345 |
| PEP | REDUCED | 9,115 | 9,205 | -0.98% | 1,234,218 |
| YETI | UNCHANGED | 24,000 | 24,000 | 0.0% | 1,189,440 |
| JBTM | UNCHANGED | 7,250 | 7,250 | 0.0% | 1,051,250 |
| KO | REDUCED | 12,350 | 13,025 | -5.18% | 1,003,685 |
| PG | REDUCED | 6,554 | 9,229 | -28.98% | 961,079 |
| HRI | UNCHANGED | 6,450 | 6,450 | 0.0% | 924,543 |
| LAMR | UNCHANGED | 5,368 | 5,368 | 0.0% | 837,301 |
| SWZ | UNCHANGED | 97,667 | 97,667 | 0.0% | 580,140 |
| OUT | UNCHANGED | 13,588 | 13,588 | 0.0% | 445,143 |
| CVX | UNCHANGED | 2,470 | 2,470 | 0.0% | 409,427 |
| ORCL | REDUCED | 2,715 | 3,600 | -24.58% | 397,883 |
| UNM | REDUCED | 3,485 | 3,800 | -8.29% | 311,559 |
| JNJ | REDUCED | 1,112 | 1,304 | -14.72% | 282,415 |
| CAT | REDUCED | 265 | 450 | -41.11% | 282,199 |
| MCD | UNCHANGED | 947 | 947 | 0.0% | 255,984 |
| AMZN | REDUCED | 936 | 1,040 | -10.0% | 223,086 |
| MRK | REDUCED | 1,642 | 2,141 | -23.31% | 211,006 |
| GNRC | CLOSED OUT | 0 | 2,250 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| GOOGL | REDUCED | Alphabet Inc Cl C | COM | 02079K107 | 1,076,977,046 | 12.07 | 3048077.0 |
| BRK-B | REDUCED | Berkshire Hathaway Inc Cl A | COM | 084670108 | 1,072,353,200 | 12.01 | 1432.0 |
| - | Philip Morris International In | COM | 718172109 | 819,675,318 | 9.18 | 4530846.0 | |
| MA | REDUCED | Mastercard Inc Cl A | COM | 57636Q104 | 781,901,965 | 8.76 | 1522395.0 |
| - | Compagnie Financiere Richemont | COM | H25662182 | 773,661,807 | 8.67 | 3345346.0 | |
| - | Heineken Holding NV | COM | N39338194 | 679,639,647 | 7.61 | 8905683.0 | |
| - | Nestle SA Sponsored ADR | COM | 641069406 | 545,786,866 | 6.11 | 5314898.0 | |
| BRK-B | REDUCED | Berkshire Hathaway Inc Cl B | COM | 084670702 | 540,102,952 | 6.05 | 1079364.0 |
| SUNB | REDUCED | Sunbelt Rentals Holdings Inc | COM | 866966104 | 441,216,288 | 4.94 | 5897825.0 |
| NFLX | ADDED | Netflix Inc | COM | 64110L106 | 407,700,283 | 4.57 | 5710088.0 |
| MLM | REDUCED | Martin Marietta Materials | COM | 573284106 | 406,784,959 | 4.56 | 705367.0 |
| UBER | REDUCED | Uber Technologies Inc | COM | 90353T100 | 366,862,522 | 4.11 | 5084015.0 |
| - | Eurofins Scientific | COM | L31839134 | 320,909,414 | 3.6 | 4094034.0 | |
| DASH | ADDED | Doordash Inc Cl A | COM | 25809K105 | 218,871,771 | 2.45 | 1186104.0 |
| - | Pernod Ricard | COM | F72027109 | 171,675,469 | 1.92 | 2351360.0 | |
| CMCSA | REDUCED | Comcast Corp New Cl A | COM | 20030N101 | 53,854,350 | 0.6 | 2193660.0 |
| BF-B | REDUCED | Brown-Forman Corp Cl A | COM | 115637100 | 43,716,215 | 0.49 | 1597815.0 |
| V | REDUCED | Visa Inc Cl A | COM | 92826C839 | 29,936,661 | 0.34 | 87256.0 |
| - | Exxon Mobil Corp | COM | 30233Q108 | 24,773,668 | 0.28 | 181200.0 | |
| BF-B | REDUCED | Brown-Forman Corp Cl B | COM | 115637209 | 17,036,864 | 0.19 | 639282.0 |
| BUD | REDUCED | Anheuser-Busch InBev SA | COM | B639CJ108 | 14,229,766 | 0.16 | 171294.0 |
| MO | REDUCED | Altria Group Inc | COM | 02209S103 | 10,692,017 | 0.12 | 148603.0 |
| CR | REDUCED | Crane Company | COM | 224408104 | 9,801,027 | 0.11 | 43937.0 |
| MKL | REDUCED | Markel Corp | COM | 570535104 | 8,329,588 | 0.09 | 4265.0 |
| - | J.P. Morgan Chase | COM | 46625H100 | 8,091,270 | 0.09 | 24719.0 | |
| - | Union Pac Corp | COM | 907818108 | 7,028,631 | 0.08 | 25841.0 | |
| DOV | REDUCED | Dover Corp | COM | 260003108 | 4,227,902 | 0.05 | 18851.0 |
| GOOGL | REDUCED | Alphabet Inc Cl A | COM | 02079K305 | 3,971,810 | 0.04 | 11114.0 |
| - | Costco Whsl Corp | COM | 22160K105 | 3,179,709 | 0.04 | 3399.0 | |
| ABBV | UNCHANGED | AbbVie Inc | COM | 00287Y109 | 3,122,852 | 0.03 | 12410.0 |
| WRBY | UNCHANGED | Warby Parker Inc Cl A | COM | 93403j106 | 2,427,200 | 0.03 | 80000.0 |
| VMC | UNCHANGED | Vulcan Materials | COM | 929160109 | 2,142,658 | 0.02 | 7263.0 |
| LEVI | ADDED | Levi Strauss & Co Cl A | COM | 52736r102 | 2,078,892 | 0.02 | 83725.0 |
| - | ALK Abello A/S | COM | k03294137 | 1,979,596 | 0.02 | 53000.0 | |
| MKC | REDUCED | McCormick Inc | COM | 579780206 | 1,915,002 | 0.02 | 37981.0 |
| - | De'Longhi | COM | t3508h102 | 1,813,134 | 0.02 | 42700.0 | |
| - | Lindt & Spruengli AG - Reg | COM | H49983176 | 1,785,161 | 0.02 | 15.0 | |
| - | SSP Group | COM | g8402n125 | 1,743,874 | 0.02 | 700000.0 | |
| AXP | REDUCED | American Express | COM | 025816109 | 1,733,531 | 0.02 | 5125.0 |
| - | Demant A/S | COM | k3008m105 | 1,681,890 | 0.02 | 41000.0 | |
| - | Loreal SA | COM | F58149133 | 1,625,113 | 0.02 | 3705.0 | |
| - | Fielmann | COM | d2617n114 | 1,614,797 | 0.02 | 33000.0 | |
| - | Konecranes | COM | x4550j108 | 1,613,425 | 0.02 | 52500.0 | |
| - | Rational AG | COM | d6349p107 | 1,611,024 | 0.02 | 2200.0 | |
| - | Fluidra | COM | e52619108 | 1,584,614 | 0.02 | 70000.0 | |
| - | Lotus Bakeries | COM | b5783h102 | 1,527,792 | 0.02 | 115.0 | |
| MSFT | ADDED | Microsoft Corp | COM | 594918104 | 1,336,904 | 0.01 | 3584.0 |
| AAPL | REDUCED | Apple Inc | COM | 037833100 | 1,331,345 | 0.01 | 4601.0 |
| - | Carlsberg B A/S | COM | K36628137 | 1,328,184 | 0.01 | 10135.0 | |
| SUNB | REDUCED | Sunbelt Rentals Holdings ORD | COM | crest6610 | 1,326,006 | 0.01 | 18178.0 |
| - | Heineken NV | COM | N39427211 | 1,273,226 | 0.01 | 15131.0 | |
| - | Puig Brands | COM | e8s64t107 | 1,254,017 | 0.01 | 68000.0 | |
| PEP | REDUCED | Pepsico Inc | COM | 713448108 | 1,234,218 | 0.01 | 9115.0 |
| - | Davide Campari-Milano NV | COM | N24565108 | 1,214,895 | 0.01 | 195048.0 | |
| - | Kalmar Oyj B | COM | x4s8se108 | 1,207,954 | 0.01 | 27500.0 | |
| YETI | UNCHANGED | Yeti Holdings Inc | COM | 98585x104 | 1,189,440 | 0.01 | 24000.0 |
| - | Nestle SA-REG | COM | H57312649 | 1,146,322 | 0.01 | 11130.0 | |
| - | H&M | COM | w41422101 | 1,102,359 | 0.01 | 64000.0 | |
| - | Fulton Finl Corp | COM | 360271100 | 1,070,408 | 0.01 | 44250.0 | |
| JBTM | UNCHANGED | JBT Marel Corp | COM | 477839104 | 1,051,250 | 0.01 | 7250.0 |
| - | Abbott Labs | COM | 002824100 | 1,044,417 | 0.01 | 11510.0 | |
| - | Electrolux Professional | COM | w2457w116 | 1,006,442 | 0.01 | 230000.0 | |
| KO | REDUCED | Coca-Cola | COM | 191216100 | 1,003,685 | 0.01 | 12350.0 |
| PG | REDUCED | Procter & Gamble | COM | 742718109 | 961,079 | 0.01 | 6554.0 |
| - | Wal Mart Stores Inc | COM | 931142103 | 958,746 | 0.01 | 8465.0 | |
| HRI | UNCHANGED | Herc Holdings Inc | COM | 42704l104 | 924,543 | 0.01 | 6450.0 |
| LAMR | UNCHANGED | Lamar Advertising Co-A | COM | 512816109 | 837,301 | 0.01 | 5368.0 |
| - | Zalando SE | COM | d98423102 | 812,155 | 0.01 | 28000.0 | |
| - | FB Bancorp Inc | COM | 31425A109 | 753,000 | 0.01 | 50000.0 | |
| - | Wells Fargo | COM | 949746101 | 615,762 | 0.01 | 7451.0 | |
| SWZ | UNCHANGED | Total Return Securities Fund | COM | 870875101 | 580,140 | 0.01 | 97667.0 |
| - | Hormel Foods Corp | COM | 440452100 | 459,170 | 0.01 | 18500.0 | |
| OUT | UNCHANGED | Outfront Media Inc | COM | 69007J304 | 445,143 | 0.0 | 13588.0 |
| - | LT Group Inc | COM | Y5342M100 | 431,530 | 0.0 | 1775000.0 | |
| CVX | UNCHANGED | Chevron Corp | COM | 166764100 | 409,427 | 0.0 | 2470.0 |
| ORCL | REDUCED | Oracle Corp | COM | 68389X105 | 397,883 | 0.0 | 2715.0 |
| UNM | REDUCED | Unum Group | COM | 91529Y106 | 311,559 | 0.0 | 3485.0 |
| JNJ | REDUCED | Johnson & Johnson | COM | 478160104 | 282,415 | 0.0 | 1112.0 |
| CAT | REDUCED | Caterpillar Inc | COM | 149123101 | 282,199 | 0.0 | 265.0 |
| MCD | UNCHANGED | McDonalds Corp | COM | 580135101 | 255,984 | 0.0 | 947.0 |
| - | Disney Walt Productions | COM | 254687106 | 239,858 | 0.0 | 2492.0 | |
| AMZN | REDUCED | Amazon.com Inc | COM | 023135106 | 223,086 | 0.0 | 936.0 |
| MRK | REDUCED | Merck Inc | COM | 58933Y105 | 211,006 | 0.0 | 1642.0 |
| - | Cofide SPA | COM | T19404101 | 199,642 | 0.0 | 251250.0 | |
| - | Hanjaya Mandala Sampoerna | COM | Y7121Z146 | 187,360 | 0.0 | 5000000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 8,925,889,600 | 85 | 8.987491 | 0.406844 | 16.482739 |
| 2026-03-31 | 2026-05-13 | 8,496,278,296 | 86 | 9.410997 | 0.427297 | 17.79901 |
| 2025-12-31 | 2026-02-12 | 9,263,410,798 | 87 | 9.78511 | 0.445111 | 17.691929 |
| 2025-09-30 | 2025-11-12 | 9,327,888,033 | 85 | 10.123036 | 0.459152 | 19.574403 |
| 2025-03-31 | 2025-05-13 | 8,919,669,948 | 86 | 8.765431 | 0.397351 | 16.053866 |
| 2024-12-31 | 2025-02-12 | 8,845,870,766 | 68 | 9.610268 | 0.440851 | 16.853512 |