Gardner Russo & Quinn 13F, Q4 2024
Thomas Russo · quarter ending 31 December 2024 · filed 12 February 2025 · SEC CIK 860643
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 68 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| Berkshire Hathaway Inc Cl A | BRK/A | $1.27B | 14.4% | -9% shares |
| Alphabet Inc Cl C | GOOG | $1.07B | 12.1% | -6% shares |
| Mastercard Inc Cl A | MA | $992.41M | 11.2% | -6% shares |
| Compagnie Financiere Richemont | $642.37M | 7.3% | -6% shares | |
| Philip Morris International In | PM | $624.64M | 7.1% | -4% shares |
| Berkshire Hathaway Inc Cl B | BRK/B | $583.34M | 6.6% | -4% shares |
| Netflix Inc | NFLX | $564.00M | 6.4% | -14% shares |
| Nestle SA Sponsored ADR | NSRGY | $516.95M | 5.8% | -9% shares |
| Heineken Holding NV | $470.85M | 5.3% | -4% shares | |
| Martin Marietta Materials | MLM | $365.17M | 4.1% | -6% shares |
| Pernod Ricard | $342.94M | 3.9% | -7% shares | |
| J.P. Morgan Chase | JPM | $302.44M | 3.4% | -12% shares |
| Ashtead Group PLC | $293.35M | 3.3% | -5% shares | |
| Uber Technologies Inc | UBER | $250.38M | 2.8% | +9% shares |
| Doordash Inc Cl A | DASH | $112.41M | 1.3% | -5% shares |
| Comcast Corp New Cl A | CMCSA | $104.49M | 1.2% | -6% shares |
| Brown-Forman Corp Cl A | BF/A | $75.94M | 0.9% | -5% shares |
| Visa Inc Cl A | V | $64.69M | 0.7% | -23% shares |
| Brown-Forman Corp Cl B | BF/B | $31.92M | 0.4% | -4% shares |
| Exxon Mobil Corp | XOM | $20.33M | 0.2% | unchanged |
| Anheuser-Busch InBev SA | $18.89M | 0.2% | -5% shares | |
| Markel Corp | MKL | $14.88M | 0.2% | -4% shares |
| Altria Group Inc | MO | $14.11M | 0.2% | -7% shares |
| Wells Fargo | WFC | $13.60M | 0.1% | -52% shares |
| Crane Company | CR | $9.22M | 0.1% | -3% shares |
What changed since Q3 2024
Against the Q3 2024 filing, Gardner Russo & Quinn opened 3 new positions, added to 1, trimmed 44, left 20 unchanged and exited 12. 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 0000860643-25-000001, 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.