Fund HoldingsGARDNER RUSSO & QUINN LLC

Total Portfolio Value
$9.26B
Total Bought
$306.40M
Total Sold
$384.01M
Net Transaction
-$77.61M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
Alphabet Inc Cl C(GOOG)4,649,9233,931,197-718,7261,132,4891,233,61013.32%+101,121
Compagnie Financiere Richemont3,603,9923,502,105-101,887686,690760,5398.21%+73,849
Ashtead Group PLC5,577,0806,111,758+534,678372,779418,1014.51%+45,321
Heineken Holding NV9,285,9069,200,276-85,630636,653674,2487.28%+37,595
Nestle SA Sponsored ADR5,778,6605,617,162-161,498530,308554,8635.99%+24,556
Martin Marietta Materials(MLM)687,537726,612+39,075433,341452,4324.88%+19,091
Diageo PLC(DEO)0129,805+129,80502,8000.03%+2,800
Carlsberg B A/S12,05523,091+11,0361,4023,0330.03%+1,631
Exxon Mobil Corp191,742193,033+1,29121,61923,2300.25%+1,611
ALK Abello A/S035,000+35,00001,2580.01%+1,258
Alphabet Inc Cl A(GOOG)15,48614,916-5703,7654,6690.05%+904
Dover Corp(DOV)19,55119,526-253,2623,8120.04%+551
Konecranes18,45018,45001,5222,0350.02%+513
Kalmar Oyj B20,00024,000+4,0007921,1430.01%+350
SSP Group660,000660,00001,5221,8290.02%+307
Anheuser-Busch InBev SA282,215265,525-16,69016,84517,1200.18%+275
Yeti Holdings Inc(YETI)24,00024,00007961,0600.01%+264
Davide Campari-Milano NV210,353242,103+31,7501,3271,5750.02%+247
Amazon.com Inc(AMZN)01,040+1,04002400.00%+240
De'Longhi35,25035,25001,2751,5110.02%+236
I B M(IBM)0750+75002220.00%+222
Herc Holdings Inc(HRI)6,4506,45007529570.01%+205
Johnson & Johnson(JNJ)0976+97602020.00%+202
Fluidra53,00059,000+6,0001,4361,6050.02%+169
Hyatt Hotels Corp Cl A(H)8,6758,67501,2311,3910.02%+160
Electrolux Professional200,000200,00001,2891,4150.02%+126
H&M64,00064,00001,1931,2910.01%+98
Puig Brands68,00068,00001,0931,1880.01%+95
Outfront Media Inc(OUT)15,69015,677-132873780.00%+90
Wal Mart Stores Inc(WMT)10,16510,16501,0481,1320.01%+85
Nestle SA-REG11,17011,130-401,0261,1060.01%+80
Apple Inc(AAPL)4,6994,674-251,1971,2710.01%+74
JBT Marel Corp(JBTM)7,2507,25001,0181,0920.01%+74
McDonalds Corp(MCD)705905+2002142770.00%+62
Heineken NV15,13115,13101,1811,2390.01%+58
Coca-Cola(KO)13,64013,64009059540.01%+49
FB Bancorp Inc50,00050,00006016430.01%+42
Procter & Gamble(PG)10,92011,951+1,0311,6781,7130.02%+35
PNC Bank Corp(PNC)3,7503,75007537830.01%+29
Lamar Advertising Co-A(LAMR)5,9745,97407317560.01%+25
Cofide SPA251,250251,25001932070.00%+15
Rational AG97597507447570.01%+14
Unum Group(UNM)3,8003,80002962950.00%-1
Disney Walt Productions(DIS)2,5102,51002872860.00%-2
Chevron Corp(CVX)2,6702,67004154070.00%-8
McCormick Inc(MKC)41,59140,666-9252,7832,7700.03%-13
LT Group Inc1,775,0001,775,00004654460.00%-19
Caterpillar Inc(CAT)700550-1503343150.00%-19
Hormel Foods Corp(HRL)19,83519,83504914700.01%-21
Zalando SE28,00028,00008568330.01%-22
Lotus Bakeries11511501,0841,0600.01%-23
Microsoft Corp(MSFT)3,5053,705+2001,8151,7920.02%-24
Hanjaya Mandala Sampoerna5,000,0005,000,00002452170.00%-27
American Express(AXP)13,63212,160-1,4724,5284,4990.05%-29
Demant A/S41,00041,00001,4211,3870.01%-34
AbbVie Inc(ABBV)12,41012,41002,8732,8360.03%-38
Lindt & Spruengli AG - Reg151502,2552,2040.02%-51
Generac Holdings Inc(GNRC)2,2502,25003773070.00%-70
Union Pac Corp(UNP)24,84324,984+1415,8725,7790.06%-93
Abbott Labs11,51011,51001,5421,4420.02%-100
Wells Fargo(WFC)10,1497,964-2,1858517420.01%-108
Levi Strauss & Co Cl A47,72547,72501,1129900.01%-122
Pepsico Inc(PEP)10,9609,794-1,1661,5391,4060.02%-134
Fulton Finl Corp(FULT)64,60054,100-10,5001,2031,0460.01%-158
Loreal SA4,0503,705-3451,7541,5950.02%-158
Fielmann25,00025,700+7001,5101,3140.01%-195
Warby Parker Inc Cl A61,00065,000+4,0001,6821,4160.02%-266
Costco Whsl Corp(COST)4,6244,62404,2803,9870.04%-293
Oracle Corp(ORCL)3,4753,47509776770.01%-300
Fomento Economico Mex Sponsore(FMX)3,2180-3,2183170-317
Crane Company(CR)56,47654,401-2,07510,39910,0330.11%-366
Truist Financial Corp(TFC)9,3550-9,3554280-428
Vulcan Materials(VMC)9,8977,912-1,9853,0452,2570.02%-788
Deliveroo PLC390,0000-390,0009430-943
Markel Corp(MKL)7,6536,279-1,37414,62813,4980.15%-1,130
Altria Group Inc(MO)165,693164,772-92110,9469,5010.10%-1,445
J.P. Morgan Chase(JPM)545,030528,817-16,213171,919170,3951.84%-1,523
Swiss Helvetia FD Inc434,237146,284-287,9532,6409100.01%-1,730
Brown-Forman Corp Cl B(BF-A)765,768708,179-57,58920,73718,4550.20%-2,282
Brown-Forman Corp Cl A(BF-A)1,718,0721,668,094-49,97846,23343,8880.47%-2,346
Philip Morris International In(PM)4,662,2014,697,508+35,307756,209753,4808.13%-2,729
Visa Inc Cl A(V)122,264108,818-13,44641,73838,1640.41%-3,575
Comcast Corp New Cl A(CCZ)2,445,7112,300,197-145,51476,84468,7530.74%-8,091
Mastercard Inc Cl A(MA)1,620,2721,585,999-34,273921,627905,4159.77%-16,212
Berkshire Hathaway Inc Cl B1,161,3941,125,395-35,999583,879565,6806.11%-18,199
Berkshire Hathaway Inc Cl A1,5411,488-531,162,2221,123,14212.12%-39,080
Uber Technologies Inc(UBER)4,710,8415,145,060+434,219461,521420,4034.54%-41,118
Doordash Inc Cl A(DASH)926,363930,467+4,104251,961210,7322.27%-41,229
Pernod Ricard2,700,6412,553,880-146,761265,094219,2562.37%-45,837
Netflix Inc(NFLX)514,4255,004,765+4,490,340616,754469,2475.07%-147,508
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