Skip to content
berrytrail

Search

Search managers or tickers

Gardner Russo & Quinn

Q2 2026 13F · by Timothy Quinn, portfolio manager

As of
Jun 30, 2026
Filed
Aug 13, 2026
US stock
$8.9B · prev $8.5B
Positions
85 · prev 86
Options notional
$0
Documents
1· no amendments

Picture71.6% US stock

Mostly picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 71.6%
  • Foreign stock not listed in the US 28.4%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves54 since the prior filing

The book

Concentrated · behaves like 13 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 5.4% a year, about 18.6 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions51% of US stock

  1. GOOG Alphabet Inc. Class C trimmed+0.76 pp trimmed+0.7612.1%
  2. BRK.A Berkshire Hathaway Inc. trimmed−0.33 pp trimmed−0.3312.0%
  3. PM Philip Morris International Inc. trimmed+0.22 pp trimmed+0.229.2%
  4. MA Mastercard Incorporated trimmed−0.39 pp trimmed−0.398.8%
  5. CFRHF Cie Financiere Richmn New trimmed+1.67 pp trimmed+1.678.7%

Positions85 in this filing · 1 exited

GOOGAlphabet Inc. Class C12.07%3,048,077$1.1Btrimmed−9%+0.76 pp27 q
BRK.ABerkshire Hathaway Inc.12.01%1,432$1.1Btrimmed−2%−0.33 pp27 q
PMPhilip Morris International Inc.9.18%4,530,846$820Mtrimmed−2%+0.22 pp27 q
MAMastercard Incorporated8.76%1,522,395$782Mtrimmed−2%−0.39 pp27 q
CFRHFCie Financiere Richmn New8.67%3,345,346$774Mtrimmed−3%+1.67 pp27 q
HKHHFHeineken Holding NV Ord7.61%8,905,683$680Mtrimmed−2%+0.04 pp27 q
NSRGYNestle S.a S/6.11%5,314,898$546Mtrimmed−3%−0.28 pp27 q
BRK.BBERKSHIRE HATHAWAY Class B6.05%1,079,364$540Mtrimmed−3%−0.21 pp27 q
SUNBSunbelt Rentals Holdings, Inc.4.94%5,897,825$441Mtrimmed−3%+0.31 pp2 q
NFLXNetFlix Inc4.57%5,710,088$408Madded+2%−1.78 pp17 q
MLMMartin Marietta Materials4.56%705,367$407Mtrimmed−1%−0.40 pp27 q
UBERUber Technologies, Inc.4.11%5,084,015$367Mtrimmed−2%−0.27 pp11 q
ERFSFEurofins Scientific SA3.60%4,094,034$321Madded+32%+0.97 pp2 q
DASHDoorDash, Inc. Class A2.45%1,186,104$219Madded+18%+0.68 pp9 q
PDRDFPernod Ricard Ord1.92%2,351,360$172Mtrimmed−5%−0.24 pp27 q
CMCSAComcast Corp0.60%2,193,660$54Mtrimmed−3%−0.16 pp27 q
BF.ABrown-Forman Corporation Class A0.49%1,597,815$44Mtrimmed−3%−0.03 pp27 q
VVISA Inc.0.34%87,256$30Mtrimmed−7%+0.01 pp27 q
XOMExxon Mobil Corp0.28%181,200$25Mtrimmed−7%−0.11 pp27 q
BF.BBrown-Forman Corporation Class B0.19%639,282$17Mtrimmed−3%−0.02 pp27 q
BUDFFAnheuser Busch Inbev Ord0.16%171,294$14Mtrimmed−7%+0.01 pp27 q
MOAltria Group, Inc.0.12%148,603$11Mtrimmed−10%−0.01 pp27 q
CRCrane Company0.11%43,937$10Mtrimmed−6%+0.02 pp13 q
JPMJPMorgan Chase & Co.0.09%24,719$8Mtrimmed−83%−0.43 pp27 q
MKLMarkel Group Inc.0.09%4,265$8Mtrimmed−14%−0.02 pp27 q
UNPUnion Pacific Corp.0.08%25,841$7Mtrimmed−7%0.00 pp27 q
DOVDover Corporation0.05%18,851$4Mtrimmed−1%0.00 pp27 q
GOOGLAlphabet Inc. Class A0.04%11,114$4Mtrimmed−4%0.00 pp27 q
COSTCostco Wholesale Corp0.04%3,399$3Mtrimmed−26%−0.01 pp27 q
ABBVAbbvie Inc.0.03%12,410$3Mheld—27 q
WRBYWarby Parker Inc.0.03%80,000$2Mheld—6 q
AXPAmerican Express Company0.02%5,125$2Mtrimmed−21%0.00 pp27 q
LEVILevi Strauss & Co. Class A0.02%83,725$2Madded+1%0.00 pp6 q
MKCMcCormick & Company, Incorporated Non-VTG CS0.02%37,981$2Mtrimmed−2%0.00 pp27 q
VMCVulcan Materials Company(Holding Company)0.02%7,263$2Mheld—27 q
LTSSFLotus Bakeries NV Ord0.02%115$2Mheld—6 q
FLMNFFielmann Group AG0.02%33,000$2Mheld—6 q
RTLLFRational AG Lndsberg0.02%2,200$2Mheld—6 q
FLUIFFluidra SA0.02%70,000$2Mheld—6 q
LRLCFL'oreal Co Eur Ord0.02%3,705$2Mheld—27 q
SSPPFSsp Group PLC Ord New0.02%700,000$2Mheld—6 q
COCXFLindt & Spruengli Ord0.02%15$2Mheld—27 q
AKBLFAlk-abello As B Shs New0.02%53,000$2Madded+6%0.00 pp3 q
WILLFDemant As0.02%41,000$2Mheld—6 q
DELHFDe Longhi SPA0.02%42,700$2Madded+9%0.00 pp6 q
KNCRFKonecranes PLC Ord0.02%52,500$2Mheld—6 q
ABTAbbott Laboratories0.01%11,510$1Mheld—27 q
AAPLApple Inc.0.01%4,601$1Mtrimmed−3%0.00 pp27 q
KOCoca-Cola Company0.01%12,350$1Mtrimmed−5%0.00 pp27 q
FBLAFB Bancorp, Inc.0.01%50,000$753,000held—7 q
FULTFulton Financial Corp0.01%44,250$1Mtrimmed−10%0.00 pp27 q
HRIHerc Holdings Inc.0.01%6,450$924,543held—6 q
HRLHormel Foods Corporation0.01%18,500$459,170trimmed−3%0.00 pp27 q
JBTMJBT Marel Corporation0.01%7,250$1Mheld—6 q
LAMRLamar Advertising Co0.01%5,368$837,301held—27 q
MSFTMicrosoft Corp0.01%3,584$1Madded+1%−0.01 pp27 q
PEPPepsiCo, Inc.0.01%9,115$1Mtrimmed−1%−0.01 pp27 q
PGProcter & Gamble Company0.01%6,554$961,079trimmed−29%−0.01 pp27 q
SWZTotal Return Securities Fund0.01%97,667$580,140held—24 q
WMTWalmart Inc.0.01%8,465$958,746trimmed−13%0.00 pp27 q
WFCWells Fargo & Co.0.01%7,451$615,762added0%0.00 pp27 q
YETIYETI Holdings, Inc.0.01%24,000$1Mheld—6 q
unresolvedSunbelt Rentals Holdings ORD0.01%18,178$1Mheld—2 q
ZLDSFZalando SE Ord0.01%28,000$812,155held—5 q
PUIGFPuig Brands SA Cl B0.01%68,000$1Mheld—6 q
NSRGFNestle S.a Reg Ord0.01%11,130$1Mheld—27 q
CABJFCarlsburg As B Ord0.01%10,135$1Madded+3%0.00 pp25 q
DVDCFDavide Campari Milano N V0.01%195,048$1Mtrimmed−3%−0.01 pp27 q
HINKFHeineken N V Reg0.01%15,131$1Mheld—27 q
ECTXFElectrolux Profssinal B0.01%230,000$1Mheld—6 q
HMRZFHENNES&MAURITZ B Free Shs0.01%64,000$1Mheld—6 q
KMROFKalmar Oyj B0.01%27,500$1Madded+2%−0.01 pp4 q
AMZNAmazon.Com Inc0.00%936$223,086trimmed−10%0.00 pp3 q
CATCaterpillar Inc.0.00%265$282,199trimmed−41%0.00 pp4 q
CVXChevron Corporation0.00%2,470$409,427held—27 q
DISThe Walt Disney Company0.00%2,492$239,858trimmed−1%0.00 pp27 q
JNJJohnson & Johnson0.00%1,112$282,415trimmed−15%0.00 pp3 q
MCDMcDonald's Corporation0.00%947$255,984held—27 q
MRKMerck & Co., Inc.0.00%1,642$211,006trimmed−23%0.00 pp2 q
ORCLOracle Corp0.00%2,715$397,883trimmed−25%−0.01 pp25 q
OUTOUTFRONT Media Inc.0.00%13,588$445,143held—7 q
UNMUnum Group0.00%3,485$311,559trimmed−8%0.00 pp10 q
CFDZFCofide SPA0.00%251,250$199,642held—7 q
LTGIFLt Group Inc0.00%1,775,000$431,530held—27 q
PHJMFPt Hanjaya Mandala Samprn0.00%5,000,000$187,360held—27 q
GNRCGenerac Holdings Inc—−2,250—exited−0.01 pp—

Source

Form
13F-HR
Reading
31 defects · 1 unresolved
Accession
0000860643-26-000005
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet
  • A security outside the official 13F list — CUSIP 30233Q108 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP 641069406 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP B5783H102 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP B639CJ108 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP CREST6610 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP D2617N114 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP D6349P107 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP D98423102 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP E52619108 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP E8S64T107 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP F58149133 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP F72027109 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP G8402N125 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP H25662182 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP H49983176 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP H57312649 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP K03294137 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP K3008M105 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP K36628137 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP L31839134 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP N24565108 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP N39338194 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP N39427211 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP T19404101 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP T3508H102 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP W2457W116 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP W41422101 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP X4550J108 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP X4S8SE108 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP Y5342M100 not on the Official 13(f) List for 2026-06-30
  • A security outside the official 13F list — CUSIP Y7121Z146 not on the Official 13(f) List for 2026-06-30