GARDNER RUSSO & QUINN LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Alphabet Inc Cl C(GOOG) | 5,090,317 | 4,649,923 | -440,394 | 902,971,333 | 1,132,488,747 | 12.14% | +229,517,414 |
| Martin Marietta Materials(MLM) | 712,779 | 687,537 | -25,242 | 391,286,919 | 433,340,748 | 4.65% | +42,053,829 |
| Berkshire Hathaway Inc Cl B | 1,154,566 | 1,161,394 | +6,828 | 560,853,526 | 583,879,220 | 6.26% | +23,025,694 |
| Doordash Inc Cl A(DASH) | 966,760 | 926,363 | -40,397 | 238,316,008 | 251,961,472 | 2.70% | +13,645,464 |
| Heineken Holding NV | 8,430,646 | 9,285,906 | +855,260 | 625,941,848 | 636,653,323 | 6.83% | +10,711,475 |
| J.P. Morgan Chase(JPM) | 573,700 | 545,030 | -28,670 | 166,321,367 | 171,918,813 | 1.84% | +5,597,446 |
| Uber Technologies Inc(UBER) | 4,896,722 | 4,710,841 | -185,881 | 456,864,163 | 461,521,093 | 4.95% | +4,656,930 |
| Exxon Mobil Corp | 190,301 | 191,742 | +1,441 | 20,514,478 | 21,618,892 | 0.23% | +1,104,414 |
| Ashtead Group PLC | 5,810,686 | 5,577,080 | -233,606 | 371,777,229 | 372,779,347 | 4.00% | +1,002,118 |
| Alphabet Inc Cl A(GOOG) | 15,729 | 15,486 | -243 | 2,771,922 | 3,764,647 | 0.04% | +992,725 |
| Kalmar Oyj B | 0 | 20,000 | +20,000 | 0 | 792,420 | 0.01% | +792,420 |
| AbbVie Inc(ABBV) | 12,410 | 12,410 | 0 | 2,303,544 | 2,873,411 | 0.03% | +569,867 |
| Warby Parker Inc Cl A | 58,000 | 61,000 | +3,000 | 1,271,940 | 1,682,380 | 0.02% | +410,440 |
| Vulcan Materials(VMC) | 10,162 | 9,897 | -265 | 2,650,453 | 3,044,515 | 0.03% | +394,062 |
| Caterpillar Inc(CAT) | 0 | 700 | +700 | 0 | 334,005 | 0.00% | +334,005 |
| H&M | 64,000 | 64,000 | 0 | 892,470 | 1,192,544 | 0.01% | +300,074 |
| Levi Strauss & Co Cl A | 47,725 | 47,725 | 0 | 882,435 | 1,111,993 | 0.01% | +229,558 |
| SSP Group | 548,000 | 660,000 | +112,000 | 1,293,890 | 1,522,043 | 0.02% | +228,153 |
| Oracle Corp(ORCL) | 3,475 | 3,475 | 0 | 759,739 | 977,309 | 0.01% | +217,570 |
| Union Pac Corp(UNP) | 24,715 | 24,843 | +128 | 5,686,491 | 5,872,227 | 0.06% | +185,736 |
| American Express(AXP) | 13,634 | 13,632 | -2 | 4,348,973 | 4,528,005 | 0.05% | +179,032 |
| JBT Marel Corp(JBTM) | 7,250 | 7,250 | 0 | 871,885 | 1,018,263 | 0.01% | +146,378 |
| Apple Inc(AAPL) | 5,149 | 4,699 | -450 | 1,056,420 | 1,196,506 | 0.01% | +140,086 |
| Fluidra | 53,000 | 53,000 | 0 | 1,318,938 | 1,436,062 | 0.02% | +117,124 |
| De'Longhi | 35,250 | 35,250 | 0 | 1,179,279 | 1,274,869 | 0.01% | +95,590 |
| Pepsico Inc(PEP) | 10,960 | 10,960 | 0 | 1,447,133 | 1,539,218 | 0.02% | +92,085 |
| Hanjaya Mandala Sampoerna | 5,000,000 | 5,000,000 | 0 | 184,786 | 244,525 | 0.00% | +59,739 |
| LT Group Inc | 1,775,000 | 1,775,000 | 0 | 405,228 | 464,794 | 0.00% | +59,566 |
| Electrolux Professional | 175,500 | 200,000 | +24,500 | 1,233,789 | 1,288,663 | 0.01% | +54,874 |
| Wal Mart Stores Inc(WMT) | 10,165 | 10,165 | 0 | 993,934 | 1,047,605 | 0.01% | +53,671 |
| Yeti Holdings Inc(YETI) | 24,000 | 24,000 | 0 | 756,480 | 796,320 | 0.01% | +39,840 |
| Chevron Corp(CVX) | 2,670 | 2,670 | 0 | 382,317 | 414,624 | 0.00% | +32,307 |
| Outfront Media Inc(OUT) | 15,690 | 15,690 | 0 | 256,061 | 287,441 | 0.00% | +31,380 |
| Truist Financial Corp(TFC) | 9,280 | 9,355 | +75 | 398,967 | 427,727 | 0.00% | +28,760 |
| Loreal SA | 4,050 | 4,050 | 0 | 1,726,211 | 1,753,599 | 0.02% | +27,388 |
| Cofide SPA | 251,250 | 251,250 | 0 | 172,534 | 192,778 | 0.00% | +20,244 |
| Hyatt Hotels Corp Cl A(H) | 8,675 | 8,675 | 0 | 1,211,464 | 1,231,243 | 0.01% | +19,779 |
| PNC Bank Corp(PNC) | 3,950 | 3,750 | -200 | 736,359 | 753,488 | 0.01% | +17,129 |
| McDonalds Corp(MCD) | 705 | 705 | 0 | 205,980 | 214,242 | 0.00% | +8,262 |
| Lamar Advertising Co-A(LAMR) | 5,974 | 5,974 | 0 | 725,005 | 731,337 | 0.01% | +6,332 |
| Deliveroo PLC | 390,000 | 390,000 | 0 | 940,074 | 943,492 | 0.01% | +3,418 |
| Zalando SE | 26,000 | 28,000 | +2,000 | 853,037 | 855,729 | 0.01% | +2,692 |
| Unum Group(UNM) | 3,800 | 3,800 | 0 | 306,888 | 295,564 | 0.00% | -11,324 |
| FB Bancorp Inc | 55,000 | 50,000 | -5,000 | 618,750 | 601,000 | 0.01% | -17,750 |
| Lotus Bakeries | 115 | 115 | 0 | 1,102,891 | 1,083,703 | 0.01% | -19,188 |
| Fielmann | 23,000 | 25,000 | +2,000 | 1,530,818 | 1,509,875 | 0.02% | -20,943 |
| Abbott Labs | 11,510 | 11,510 | 0 | 1,565,475 | 1,541,649 | 0.02% | -23,826 |
| Fulton Finl Corp(FULT) | 68,200 | 64,600 | -3,600 | 1,230,328 | 1,203,498 | 0.01% | -26,830 |
| Fomento Economico Mex Sponsore(FMX) | 3,368 | 3,218 | -150 | 346,837 | 317,391 | 0.00% | -29,446 |
| Coca-Cola(KO) | 13,640 | 13,640 | 0 | 965,030 | 904,605 | 0.01% | -60,425 |
| Procter & Gamble(PG) | 10,920 | 10,920 | 0 | 1,739,774 | 1,677,858 | 0.02% | -61,916 |
| Disney Walt Productions(DIS) | 2,818 | 2,510 | -308 | 349,478 | 287,360 | 0.00% | -62,118 |
| Rational AG | 975 | 975 | 0 | 814,887 | 743,511 | 0.01% | -71,376 |
| Nestle SA-REG | 11,285 | 11,170 | -115 | 1,117,584 | 1,025,818 | 0.01% | -91,766 |
| Swiss Helvetia FD Inc | 434,237 | 434,237 | 0 | 2,753,060 | 2,640,159 | 0.03% | -112,901 |
| Heineken NV | 15,131 | 15,131 | 0 | 1,314,708 | 1,180,876 | 0.01% | -133,832 |
| Diageo PLC(DEO) | 8,077 | 0 | -8,077 | 202,329 | 0 | — | -202,329 |
| Brown-Forman Corp Cl B(BF-A) | 778,521 | 765,768 | -12,753 | 20,950,005 | 20,736,988 | 0.22% | -213,017 |
| Lindt & Spruengli AG - Reg | 15 | 15 | 0 | 2,491,206 | 2,254,760 | 0.02% | -236,446 |
| Davide Campari-Milano NV | 234,393 | 210,353 | -24,040 | 1,571,062 | 1,327,275 | 0.01% | -243,787 |
| Puig Brands | 68,000 | 68,000 | 0 | 1,337,813 | 1,093,032 | 0.01% | -244,781 |
| Altria Group Inc(MO) | 191,440 | 165,693 | -25,747 | 11,224,152 | 10,945,679 | 0.12% | -278,473 |
| Demant A/S | 41,000 | 41,000 | 0 | 1,704,302 | 1,421,137 | 0.02% | -283,165 |
| Carlsberg B A/S | 11,967 | 12,055 | +88 | 1,689,667 | 1,401,938 | 0.02% | -287,729 |
| Microsoft Corp(MSFT) | 4,240 | 3,505 | -735 | 2,109,018 | 1,815,415 | 0.02% | -293,603 |
| Costco Whsl Corp(COST) | 4,633 | 4,624 | -9 | 4,585,964 | 4,279,820 | 0.05% | -306,144 |
| Konecranes | 23,650 | 18,450 | -5,200 | 1,869,741 | 1,521,848 | 0.02% | -347,893 |
| Herc Holdings Inc(HRI) | 8,450 | 6,450 | -2,000 | 1,112,781 | 752,457 | 0.01% | -360,324 |
| McCormick Inc(MKC) | 41,976 | 41,591 | -385 | 3,182,620 | 2,782,854 | 0.03% | -399,766 |
| Generac Holdings Inc(GNRC) | 5,650 | 2,250 | -3,400 | 809,137 | 376,650 | 0.00% | -432,487 |
| Hormel Foods Corp(HRL) | 35,581 | 19,835 | -15,746 | 1,076,325 | 490,718 | 0.01% | -585,607 |
| Dover Corp(DOV) | 21,551 | 19,551 | -2,000 | 3,948,790 | 3,261,693 | 0.03% | -687,097 |
| Crane Company(CR) | 59,355 | 56,476 | -2,879 | 11,270,921 | 10,399,491 | 0.11% | -871,430 |
| Wells Fargo(WFC) | 22,848 | 10,149 | -12,699 | 1,830,571 | 850,662 | 0.01% | -979,909 |
| Ralph Lauren Corp Cl A(RL) | 4,100 | 0 | -4,100 | 1,124,548 | 0 | — | -1,124,548 |
| Markel Corp(MKL) | 8,143 | 7,653 | -490 | 16,264,502 | 14,627,638 | 0.16% | -1,636,864 |
| Visa Inc Cl A(V) | 126,944 | 122,264 | -4,680 | 45,071,467 | 41,738,484 | 0.45% | -3,332,983 |
| Anheuser-Busch InBev SA | 296,300 | 282,215 | -14,085 | 20,256,557 | 16,845,413 | 0.18% | -3,411,144 |
| Brown-Forman Corp Cl A(BF-A) | 1,827,148 | 1,718,072 | -109,076 | 50,191,769 | 46,233,323 | 0.50% | -3,958,446 |
| Compagnie Financiere Richemont | 3,728,315 | 3,603,992 | -124,323 | 699,995,825 | 686,690,363 | 7.36% | -13,305,462 |
| Comcast Corp New Cl A(CCZ) | 2,557,966 | 2,445,711 | -112,255 | 91,293,790 | 76,844,225 | 0.82% | -14,449,565 |
| Pernod Ricard | 2,824,214 | 2,700,641 | -123,573 | 280,466,225 | 265,093,570 | 2.84% | -15,372,655 |
| Berkshire Hathaway Inc Cl A | 1,624 | 1,541 | -83 | 1,183,571,200 | 1,162,222,200 | 12.46% | -21,349,000 |
| Mastercard Inc Cl A(MA) | 1,683,051 | 1,620,272 | -62,779 | 945,773,656 | 921,626,733 | 9.88% | -24,146,923 |
| Nestle SA Sponsored ADR | 6,014,833 | 5,778,660 | -236,173 | 597,393,236 | 530,307,649 | 5.69% | -67,085,587 |
| Netflix Inc(NFLX) | 542,334 | 514,425 | -27,909 | 726,255,729 | 616,754,421 | 6.61% | -109,501,308 |
| Philip Morris International In(PM) | 4,873,326 | 4,662,201 | -211,125 | 887,578,954 | 756,209,051 | 8.11% | -131,369,903 |