Gardner Russo & Quinn 13F, Q3 2024
Thomas Russo · quarter ending 30 September 2024 · filed 13 November 2024 · SEC CIK 860643
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 77 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| Berkshire Hathaway Inc Cl A | BRK/A | $1.41B | 14.5% | -3% shares |
| Alphabet Inc Cl C | GOOG | $1.00B | 10.3% | -4% shares |
| Mastercard Inc Cl A | MA | $993.18M | 10.2% | -2% shares |
| Compagnie Financiere Richemont | $715.20M | 7.3% | -3% shares | |
| Nestle SA Sponsored ADR | NSRGY | $700.29M | 7.2% | -4% shares |
| Philip Morris International In | PM | $653.92M | 6.7% | unchanged |
| Berkshire Hathaway Inc Cl B | BRK/B | $618.08M | 6.3% | -3% shares |
| Heineken Holding NV | $617.64M | 6.3% | +2% shares | |
| Netflix Inc | NFLX | $519.07M | 5.3% | -6% shares |
| Pernod Ricard | $491.91M | 5.0% | unchanged | |
| Martin Marietta Materials | MLM | $403.73M | 4.1% | unchanged |
| Ashtead Group PLC | $383.85M | 3.9% | -2% shares | |
| J.P. Morgan Chase | JPM | $303.79M | 3.1% | -4% shares |
| Uber Technologies Inc | UBER | $285.41M | 2.9% | +4% shares |
| Comcast Corp New Cl A | CMCSA | $124.05M | 1.3% | -3% shares |
| Brown-Forman Corp Cl A | BF/A | $102.25M | 1.1% | -2% shares |
| Doordash Inc Cl A | DASH | $100.66M | 1.0% | unchanged |
| Visa Inc Cl A | V | $72.99M | 0.8% | -6% shares |
| Brown-Forman Corp Cl B | BF/B | $43.19M | 0.4% | unchanged |
| Anheuser-Busch InBev SA | $26.42M | 0.3% | -10% shares | |
| Wells Fargo | WFC | $22.73M | 0.2% | -16% shares |
| Exxon Mobil Corp | XOM | $22.06M | 0.2% | +4% shares |
| Altria Group Inc | MO | $14.76M | 0.1% | unchanged |
| Markel Corp | MKL | $14.14M | 0.1% | -6% shares |
| Crane Company | CR | $9.87M | 0.1% | -4% shares |
What changed since Q2 2024
Against the Q2 2024 filing, Gardner Russo & Quinn opened 2 new positions, added to 5, trimmed 35, left 35 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000860643-24-000007, filed by GARDNER RUSSO & QUINN LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.