Thomas Russo - Gardner Russo & Quinn
Gardner Russo & Quinn
Latest 13F filing
Q1 2026
filed May 13, 2026
Portfolio value
$8.50B
Positions
86
Top 10 concentration
80.3%
QoQ change
-8.3%
$-767.13M
Activity vs. Q4 2025
4
New positions
21
Added to
22
Unchanged
39
Reduced
34
Exited
Portfolio composition — Q1 2026
- BRK/ABerkshire Hathaway Inc Cl A12.3%
- GOOGAlphabet Inc Cl C11.3%
- MAMastercard Inc Cl A9.1%
- PMPhilip Morris International In9.0%
- ?Heineken Holding NV7.6%
- ?Compagnie Financiere Richemont7.0%
- NSRGYNestle SA Sponsored ADR6.4%
- NFLXNetflix Inc6.3%
- BRK/BBerkshire Hathaway Inc Cl B6.3%
- MLMMartin Marietta Materials5.0%
- Other76 more positions19.7%
Top buys
New & added positions, by size
Holdings as of Q1 2026
| # | Ticker | Issuer | Shares | Value | % Portfolio | Reported price | Action | Δ Shares |
|---|---|---|---|---|---|---|---|---|
| 1 | BRK/A | Berkshire Hathaway Inc Cl A | 1,460 | $1.05B | 12.34% | $718140.00 | REDUCE | -1.9% |
| 2 | GOOG | Alphabet Inc Cl C | 3,350,337 | $961.08M | 11.31% | $286.86 | REDUCE | -14.8% |
| 3 | MA | Mastercard Inc Cl A | 1,555,141 | $777.04M | 9.15% | $499.66 | REDUCE | -1.9% |
| 4 | PM | Philip Morris International In | 4,605,069 | $761.40M | 8.96% | $165.34 | REDUCE | -2.0% |
| 5 | — | Heineken Holding NV | 9,101,528 | $643.36M | 7.57% | $70.69 | REDUCE | -1.1% |
| 6 | — | Compagnie Financiere Richemont | 3,447,287 | $594.39M | 7.00% | $172.42 | REDUCE | -1.6% |
| 7 | NSRGY | Nestle SA Sponsored ADR | 5,481,714 | $543.24M | 6.39% | $99.10 | REDUCE | -2.4% |
| 8 | NFLX | Netflix Inc | 5,610,666 | $539.47M | 6.35% | $96.15 | ADD | +12.1% |
| 9 | BRK/B | Berkshire Hathaway Inc Cl B | 1,110,429 | $532.12M | 6.26% | $479.20 | REDUCE | -1.3% |
| 10 | MLM | Martin Marietta Materials | 715,411 | $421.15M | 4.96% | $588.68 | REDUCE | -1.5% |
| 11 | SUNB | Sunbelt Rentals Holdings Inc | 6,049,133 | $393.74M | 4.63% | $65.09 | NEW | — |
| 12 | UBER | Uber Technologies Inc | 5,173,404 | $372.12M | 4.38% | $71.93 | ADD | +0.6% |
| 13 | — | Eurofins Scientific | 3,096,404 | $223.55M | 2.63% | $72.20 | NEW | — |
| 14 | — | Pernod Ricard | 2,479,656 | $183.48M | 2.16% | $73.99 | REDUCE | -2.9% |
| 15 | DASH | Doordash Inc Cl A | 1,001,195 | $150.33M | 1.77% | $150.15 | ADD | +7.6% |
| 16 | CMCSA | Comcast Corp New Cl A | 2,253,106 | $64.69M | 0.76% | $28.71 | REDUCE | -2.0% |
| 17 | BF/A | Brown-Forman Corp Cl A | 1,647,878 | $44.15M | 0.52% | $26.79 | REDUCE | -1.2% |
| 18 | JPM | J.P. Morgan Chase | 148,798 | $43.77M | 0.52% | $294.16 | REDUCE | -71.9% |
| 19 | XOM | Exxon Mobil Corp | 193,950 | $32.91M | 0.39% | $169.66 | ADD | +0.5% |
| 20 | V | Visa Inc Cl A | 93,812 | $28.35M | 0.33% | $302.24 | REDUCE | -13.8% |
| 21 | BF/B | Brown-Forman Corp Cl B | 659,694 | $17.44M | 0.21% | $26.44 | REDUCE | -6.8% |
| 22 | — | Anheuser-Busch InBev SA | 184,010 | $12.66M | 0.15% | $68.81 | REDUCE | -30.7% |
| 23 | MO | Altria Group Inc | 164,461 | $10.85M | 0.13% | $65.99 | REDUCE | -0.2% |
| 24 | MKL | Markel Corp | 4,954 | $9.48M | 0.11% | $1914.07 | REDUCE | -21.1% |
| 25 | CR | Crane Company | 46,626 | $7.97M | 0.09% | $171.00 | REDUCE | -14.3% |
| 26 | UNP | Union Pac Corp | 27,638 | $6.71M | 0.08% | $242.62 | ADD | +10.6% |
| 27 | COST | Costco Whsl Corp | 4,624 | $4.61M | 0.05% | $996.41 | — | 0% |
| 28 | DOV | Dover Corp | 19,126 | $3.99M | 0.05% | $208.45 | REDUCE | -2.0% |
| 29 | GOOGL | Alphabet Inc Cl A | 11,610 | $3.34M | 0.04% | $287.56 | REDUCE | -22.2% |
| 30 | ABBV | AbbVie Inc | 12,410 | $2.70M | 0.03% | $217.49 | — | 0% |
| 31 | — | Lindt & Spruengli AG - Reg | 15 | $2.13M | 0.03% | $142119.33 | — | 0% |
| 32 | VMC | Vulcan Materials | 7,263 | $1.98M | 0.02% | $272.30 | REDUCE | -8.2% |
| 33 | AXP | American Express | 6,485 | $1.96M | 0.02% | $302.48 | REDUCE | -46.7% |
| 34 | MKC | McCormick Inc | 38,581 | $1.95M | 0.02% | $50.44 | REDUCE | -5.1% |
| 35 | — | Konecranes | 52,500 | $1.69M | 0.02% | $32.19 | ADD | +184.6% |
| 36 | WRBY | Warby Parker Inc Cl A | 80,000 | $1.69M | 0.02% | $21.07 | ADD | +23.1% |
| 37 | — | Fielmann | 33,000 | $1.66M | 0.02% | $50.18 | ADD | +28.4% |
| 38 | — | SSP Group | 700,000 | $1.61M | 0.02% | $2.31 | ADD | +6.1% |
| 39 | — | Fluidra | 70,000 | $1.59M | 0.02% | $22.78 | ADD | +18.6% |
| 40 | — | Rational AG | 2,200 | $1.58M | 0.02% | $716.67 | ADD | +125.6% |
| 41 | — | ALK Abello A/S | 50,000 | $1.56M | 0.02% | $31.18 | ADD | +42.9% |
| 42 | LEVI | Levi Strauss & Co Cl A | 82,725 | $1.53M | 0.02% | $18.49 | ADD | +73.3% |
| 43 | — | Loreal SA | 3,705 | $1.49M | 0.02% | $402.52 | — | 0% |
| 44 | PEP | Pepsico Inc | 9,205 | $1.43M | 0.02% | $155.28 | REDUCE | -6.0% |
| 45 | — | Davide Campari-Milano NV | 202,013 | $1.43M | 0.02% | $7.06 | REDUCE | -16.6% |
| 46 | — | Kalmar Oyj B | 27,000 | $1.35M | 0.02% | $49.96 | ADD | +12.5% |
| 47 | — | De'Longhi | 39,000 | $1.35M | 0.02% | $34.54 | ADD | +10.6% |
| 48 | PG | Procter & Gamble | 9,229 | $1.33M | 0.02% | $144.44 | REDUCE | -22.8% |
| 49 | — | Puig Brands | 68,000 | $1.32M | 0.02% | $19.46 | — | 0% |
| 50 | MSFT | Microsoft Corp | 3,544 | $1.31M | 0.02% | $370.17 | REDUCE | -4.3% |
| 51 | — | Lotus Bakeries | 115 | $1.29M | 0.02% | $11222.43 | — | 0% |
| 52 | — | Demant A/S | 41,000 | $1.23M | 0.01% | $29.90 | — | 0% |
| 53 | — | Carlsberg B A/S | 9,872 | $1.22M | 0.01% | $123.85 | REDUCE | -57.2% |
| 54 | — | Electrolux Professional | 230,000 | $1.22M | 0.01% | $5.29 | ADD | +15.0% |
| 55 | WMT | Wal Mart Stores Inc | 9,740 | $1.21M | 0.01% | $124.28 | REDUCE | -4.2% |
| 56 | AAPL | Apple Inc | 4,751 | $1.21M | 0.01% | $253.79 | ADD | +1.6% |
| 57 | ABT | Abbott Labs | 11,510 | $1.18M | 0.01% | $102.67 | — | 0% |
| 58 | — | H&M | 64,000 | $1.18M | 0.01% | $18.39 | — | 0% |
| 59 | — | Heineken NV | 15,131 | $1.16M | 0.01% | $76.39 | — | 0% |
| 60 | — | Sunbelt Rentals Holdings ORD | 18,178 | $1.14M | 0.01% | $62.64 | NEW | — |
| 61 | — | Nestle SA-REG | 11,130 | $1.09M | 0.01% | $97.59 | — | 0% |
| 62 | FULT | Fulton Finl Corp | 48,950 | $995.64K | 0.01% | $20.34 | REDUCE | -9.5% |
| 63 | KO | Coca-Cola | 13,025 | $990.55K | 0.01% | $76.05 | REDUCE | -4.5% |
| 64 | JBTM | JBT Marel Corp | 7,250 | $927.06K | 0.01% | $127.87 | — | 0% |
| 65 | YETI | Yeti Holdings Inc | 24,000 | $878.16K | 0.01% | $36.59 | — | 0% |
| 66 | FBLA | FB Bancorp Inc | 50,000 | $687.00K | 0.01% | $13.74 | — | 0% |
| 67 | LAMR | Lamar Advertising Co-A | 5,368 | $679.91K | 0.01% | $126.66 | REDUCE | -10.1% |
| 68 | — | Zalando SE | 28,000 | $662.98K | 0.01% | $23.68 | — | 0% |
| 69 | HRI | Herc Holdings Inc | 6,450 | $642.10K | 0.01% | $99.55 | — | 0% |
| 70 | WFC | Wells Fargo | 7,450 | $593.12K | 0.01% | $79.61 | REDUCE | -6.5% |
| 71 | SWZ | Total Return Securities Fund | 97,667 | $579.16K | 0.01% | $5.93 | REDUCE | -33.2% |
| 72 | ORCL | Oracle Corp | 3,600 | $529.60K | 0.01% | $147.11 | ADD | +3.6% |
| 73 | CVX | Chevron Corp | 2,470 | $511.04K | 0.01% | $206.90 | REDUCE | -7.5% |
| 74 | GNRC | Generac Holdings Inc | 2,250 | $439.49K | 0.01% | $195.33 | — | 0% |
| 75 | HRL | Hormel Foods Corp | 19,000 | $430.35K | 0.01% | $22.65 | REDUCE | -4.2% |
| 76 | — | LT Group Inc | 1,775,000 | $428.34K | 0.01% | $0.24 | — | 0% |
| 77 | OUT | Outfront Media Inc | 13,588 | $360.08K | 0.00% | $26.50 | REDUCE | -13.3% |
| 78 | CAT | Caterpillar Inc | 450 | $318.81K | 0.00% | $708.46 | REDUCE | -18.2% |
| 79 | JNJ | Johnson & Johnson | 1,304 | $318.75K | 0.00% | $244.44 | ADD | +33.6% |
| 80 | MCD | McDonalds Corp | 947 | $294.32K | 0.00% | $310.79 | ADD | +4.6% |
| 81 | UNM | Unum Group | 3,800 | $277.51K | 0.00% | $73.03 | — | 0% |
| 82 | MRK | Merck Inc | 2,141 | $257.54K | 0.00% | $120.29 | NEW | — |
| 83 | DIS | Disney Walt Productions | 2,517 | $242.59K | 0.00% | $96.38 | ADD | +0.3% |
| 84 | AMZN | Amazon.com Inc | 1,040 | $216.60K | 0.00% | $208.27 | — | 0% |
| 85 | — | Hanjaya Mandala Sampoerna | 5,000,000 | $213.31K | 0.00% | $0.04 | — | 0% |
| 86 | — | Cofide SPA | 251,250 | $195.99K | 0.00% | $0.78 | — | 0% |
Positions exited in Q1 2026
| Ticker | Issuer | Prior shares |
|---|---|---|
| FMX | Fomento Economico Mex Sponsore | 0 |
| TFC | Truist Financial Corp | 0 |
| — | Deliveroo PLC | 0 |
| RL | Ralph Lauren Corp Cl A | 0 |
| HKHHY | Heineken Holding NV ADR | 0 |
| MDLZ | Mondelez International Inc | 0 |
| DHR | Danaher Corp | 0 |
| DVCMY | Davide Campari-Milano ADR | 0 |
| CTVA | Corteva Inc | 0 |
| — | Outfront Media Inc | 0 |
| HEINY | Heineken NV Sponsored ADR | 0 |
| PRNDY | Pernod-Ricard SA Unsponsored A | 0 |
| — | Trane Technologies PLC | 0 |
| — | Cir SPA | 0 |
| — | Reckitt Benckiser Group PLC | 0 |
| DOW | Dow Inc | 0 |
| DD | Dupont De Nemours Inc | 0 |
| DANOY | Danone ADR | 0 |
| CABO | Cable One Inc | 0 |
| LVMUY | LVMH Moet Hennessy Louis Vuitt | 0 |
| — | LVMH Moet Hennessy Louis Vuitt | 0 |
| GHC | Graham Holdings Co | 0 |
| PXDEUR | Pioneer Nat Res | 0 |
| CSL | Carlisle Inc | 0 |
| CFRUY | Compagnie Financiere Richemont | 0 |
| ASHTY | Ashtead Group PLC ADR | 0 |
| BP | BP PLC ADR | 0 |
| UL | Unilever PLC ADR | 0 |
| PNC | PNC Bank Corp | 3,750 |
| BURCA | Burnham Hldgs Inc Cl A | 0 |
| H | Hyatt Hotels Corp Cl A | 8,675 |
| IBM | I B M | 750 |
| — | Ashtead Group PLC | 6,111,758 |
| — | Diageo PLC | 129,805 |
Source: SEC EDGAR 13F-HR filing May 13, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0000860643.