GARDNER RUSSO & QUINN LLC
CIK 860643 · View on SEC EDGAR ↗
- Portfolio value
- $8.9B
- Positions
- 85
- As of
- June 30, 2026
#532 of 9,443 by 13F value · top 5.6%
Portfolio value QoQ: +5.1% 13F does not disclose cash
- Top 10 holdings weight
- 79.98%
- Top 25 holdings weight
- 99.09%
- Positions above 1%
- 15
- Effective number of positions
- 13.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.66% Est. buys $144,557,958 · sells $349,537,217
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.0% still held
- New positions
- 1
- Increased
- 10
- Decreased
- 42
- Closed
- 2
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Communication Services
17.3%
Consumer Staples
9.4%
Financial Services
9.1%
Industrials
8.9%
Consumer Discretionary
2.5%
Financials
0.2%
Healthcare
0.1%
Retail
0.0%
Technology
0.0%
Consumer products
0.0%
Real Estate
0.0%
Energy
0.0%
Other/Unmapped
52.5%
Full portfolio 85 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GOOG Alphabet Inc. - Class C Capital Stock | $1,076,977,046 | 12.07% | 3,048,077 | $115,899,374 | Down ×6 | ||
| BRKA | $1,072,353,200 | 12.01% | 1,432 | $23,868,800 | Down ×6 | ||
| PM Philip Morris International Inc Common Stock | $819,675,318 | 9.18% | 4,530,846 | $58,273,178 | Down ×2 | ||
| MA Mastercard Incorporated Common Stock | $781,901,965 | 8.76% | 1,522,395 | $4,860,145 | Down ×6 | ||
| Unknown issuer (CUSIP: H25662182) | $773,661,807 | 8.67% | 3,345,346 | $179,272,393 | Down ×6 | ||
| Unknown issuer (CUSIP: N39338194) | $679,639,647 | 7.61% | 8,905,683 | $36,275,660 | Down ×3 | ||
| NSRGY | $545,786,866 | 6.11% | 5,314,898 | $2,548,986 | Down ×6 | ||
| BRKB | $540,102,952 | 6.05% | 1,079,364 | $7,985,375 | Down ×3 | ||
| Unknown issuer (CUSIP: 866966104) | $441,216,288 | 4.94% | 5,897,825 | $47,478,221 | Down ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $407,700,283 | 4.57% | 5,710,088 | $-131,765,253 | Up ×3 | ||
| MLM Martin Marietta Materials, Inc. Common Stock | $406,784,959 | 4.56% | 705,367 | $-14,363,083 | Down ×2 | ||
| UBER Uber Technologies, Inc. Common Stock | $366,862,522 | 4.11% | 5,084,015 | $-5,260,428 | Down ×1 | ||
| Unknown issuer (CUSIP: L31839134) | $320,909,414 | 3.60% | 4,094,034 | $97,358,793 | Up ×1 | ||
| DASH DoorDash, Inc. - Common Stock | $218,871,771 | 2.45% | 1,186,104 | $68,542,342 | Up ×3 | ||
| Unknown issuer (CUSIP: F72027109) | $171,675,469 | 1.92% | 2,351,360 | $-11,804,901 | Down ×6 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $53,854,350 | 0.60% | 2,193,660 | $-10,832,311 | Down ×6 | ||
| BFA | $43,716,215 | 0.49% | 1,597,815 | $-430,450 | Down ×6 | ||
| V Visa Inc. | $29,936,661 | 0.34% | 87,256 | $1,582,922 | Down ×6 | ||
| Unknown issuer (CUSIP: 30233Q108) | $24,773,668 | 0.28% | 181,200 | Up ×1 | |||
| BFB | $17,036,864 | 0.19% | 639,282 | $-405,444 | Down ×6 | ||
| Unknown issuer (CUSIP: B639CJ108) | $14,229,766 | 0.16% | 171,294 | $1,568,151 | Down ×6 | ||
| MO Altria Group, Inc. | $10,692,017 | 0.12% | 148,603 | $-160,762 | Down ×6 | ||
| CR Crane Company Common Stock | $9,801,027 | 0.11% | 43,937 | $1,827,981 | Down ×6 | ||
| MKL Markel Group Inc. Common Stock | $8,329,588 | 0.09% | 4,265 | $-1,152,715 | Down ×6 | ||
| JPM JP Morgan Chase & Co. Common Stock | $8,091,270 | 0.09% | 24,719 | $-35,679,150 | Down ×6 | ||
| UNP Union Pacific Corporation Common Stock | $7,028,631 | 0.08% | 25,841 | $323,112 | Down ×1 | ||
| DOV Dover Corporation Common Stock | $4,227,902 | 0.05% | 18,851 | $241,087 | Down ×6 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $3,971,810 | 0.04% | 11,114 | $633,238 | Down ×4 | ||
| COST Costco Wholesale Corporation - Common Stock | $3,179,709 | 0.04% | 3,399 | $-1,427,708 | Down ×1 | ||
| ABBV AbbVie Inc. Common Stock | $3,122,852 | 0.03% | 12,410 | $423,801 | |||
| Unknown issuer (CUSIP: 93403j106) | $2,427,200 | 0.03% | 80,000 | $741,600 | |||
| VMC Vulcan Materials Company (Holding Company) Common Stock | $2,142,658 | 0.02% | 7,263 | $164,943 | |||
| Unknown issuer (CUSIP: 52736r102) | $2,078,892 | 0.02% | 83,725 | $549,307 | Up ×2 | ||
| Unknown issuer (CUSIP: k03294137) | $1,979,596 | 0.02% | 53,000 | $420,710 | Up ×2 | ||
| MKC McCormick & Company, Incorporated Common Stock | $1,915,002 | 0.02% | 37,981 | $-31,024 | Down ×6 | ||
| Unknown issuer (CUSIP: t3508h102) | $1,813,134 | 0.02% | 42,700 | $465,959 | Up ×2 | ||
| Unknown issuer (CUSIP: H49983176) | $1,785,161 | 0.02% | 15 | $-346,629 | |||
| Unknown issuer (CUSIP: g8402n125) | $1,743,874 | 0.02% | 700,000 | $129,390 | |||
| AXP American Express Company Common Stock | $1,733,531 | 0.02% | 5,125 | $-228,052 | Down ×6 | ||
| Unknown issuer (CUSIP: k3008m105) | $1,681,890 | 0.02% | 41,000 | $456,075 | |||
| Unknown issuer (CUSIP: F58149133) | $1,625,113 | 0.02% | 3,705 | $133,772 | |||
| Unknown issuer (CUSIP: d2617n114) | $1,614,797 | 0.02% | 33,000 | $-41,087 | |||
| Unknown issuer (CUSIP: x4550j108) | $1,613,425 | 0.02% | 52,500 | $-76,680 | |||
| Unknown issuer (CUSIP: d6349p107) | $1,611,024 | 0.02% | 2,200 | $34,354 | |||
| Unknown issuer (CUSIP: e52619108) | $1,584,614 | 0.02% | 70,000 | $-9,916 | |||
| Unknown issuer (CUSIP: b5783h102) | $1,527,792 | 0.02% | 115 | $237,213 | |||
| MSFT Microsoft Corporation - Common Stock | $1,336,904 | 0.01% | 3,584 | $25,022 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $1,331,345 | 0.01% | 4,601 | $125,589 | Down ×1 | ||
| Unknown issuer (CUSIP: K36628137) | $1,328,184 | 0.01% | 10,135 | $105,562 | Up ×1 | ||
| Unknown issuer (CUSIP: crest6610) | $1,326,006 | 0.01% | 18,178 | $187,368 | |||
| Unknown issuer (CUSIP: N39427211) | $1,273,226 | 0.01% | 15,131 | $117,356 | |||
| Unknown issuer (CUSIP: e8s64t107) | $1,254,017 | 0.01% | 68,000 | $-69,308 | |||
| PEP PepsiCo, Inc. - Common Stock | $1,234,218 | 0.01% | 9,115 | $-195,165 | Down ×3 | ||
| Unknown issuer (CUSIP: N24565108) | $1,214,895 | 0.01% | 195,048 | $-211,920 | Down ×2 | ||
| Unknown issuer (CUSIP: x4s8se108) | $1,207,954 | 0.01% | 27,500 | $-140,950 | Up ×3 | ||
| Unknown issuer (CUSIP: 98585x104) | $1,189,440 | 0.01% | 24,000 | $311,280 | |||
| Unknown issuer (CUSIP: H57312649) | $1,146,322 | 0.01% | 11,130 | $60,124 | |||
| Unknown issuer (CUSIP: w41422101) | $1,102,359 | 0.01% | 64,000 | $-74,347 | |||
| FULT Fulton Financial Corporation - Common Stock | $1,070,408 | 0.01% | 44,250 | $74,765 | Down ×6 | ||
| JBTM JBT Marel Corporation Common Stock | $1,051,250 | 0.01% | 7,250 | $124,192 | |||
| ABT Abbott Laboratories Common Stock | $1,044,417 | 0.01% | 11,510 | $-137,315 | |||
| Unknown issuer (CUSIP: w2457w116) | $1,006,442 | 0.01% | 230,000 | $-210,406 | |||
| KO Coca-Cola Company (The) Common Stock | $1,003,685 | 0.01% | 12,350 | $13,134 | Down ×2 | ||
| PG Procter & Gamble Company (The) Common Stock | $961,079 | 0.01% | 6,554 | $-371,958 | Down ×2 | ||
| WMT Walmart Inc. - Common Stock | $958,746 | 0.01% | 8,465 | $-251,741 | Down ×2 | ||
| Unknown issuer (CUSIP: 42704l104) | $924,543 | 0.01% | 6,450 | $282,445 | |||
| LAMR Lamar Advertising Company - Class A Common Stock | $837,301 | 0.01% | 5,368 | $157,390 | |||
| Unknown issuer (CUSIP: d98423102) | $812,155 | 0.01% | 28,000 | $149,179 | |||
| FBLA FB Bancorp, Inc. - Common Stock | $753,000 | 0.01% | 50,000 | $66,000 | |||
| WFC Wells Fargo & Company Common Stock | $615,762 | 0.01% | 7,451 | $22,647 | Up ×1 | ||
| SWZ Total Return Securities Fund Common Stock | $580,140 | 0.01% | 97,667 | $977 | |||
| HRL Hormel Foods Corporation Common Stock | $459,170 | 0.01% | 18,500 | $28,820 | Down ×2 | ||
| OUT OUTFRONT Media Inc. Common Stock | $445,143 | 0.00% | 13,588 | $85,061 | |||
| Unknown issuer (CUSIP: Y5342M100) | $431,530 | 0.00% | 1,775,000 | $3,193 | |||
| CVX Chevron Corporation Common Stock | $409,427 | 0.00% | 2,470 | $-101,616 | |||
| ORCL Oracle Corporation Common Stock | $397,883 | 0.00% | 2,715 | $-131,713 | Down ×1 | ||
| UNM Unum Group Common Stock | $311,559 | 0.00% | 3,485 | $34,045 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $282,415 | 0.00% | 1,112 | $-36,335 | Down ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $282,199 | 0.00% | 265 | $-36,608 | Down ×3 | ||
| MCD McDonald's Corporation Common Stock | $255,984 | 0.00% | 947 | $-38,334 | |||
| DIS Walt Disney Company (The) Common Stock | $239,858 | 0.00% | 2,492 | $-2,734 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $223,086 | 0.00% | 936 | $6,485 | Down ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $211,006 | 0.00% | 1,642 | $-46,530 | Down ×1 | ||
| Unknown issuer (CUSIP: T19404101) | $199,642 | 0.00% | 251,250 | $3,657 | |||
| Unknown issuer (CUSIP: Y7121Z146) | $187,360 | 0.00% | 5,000,000 | $-25,945 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 30233Q108) | $24,773,668 | 181,200 | 0.28% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| — | Trimmed | -102K | +$179.3M |
| NFLX | Bought more | +99K | -$131.8M |
| GOOG | Trimmed | -302K | +$115.9M |
| — | Bought more | +998K | +$97.4M |
| DASH | Bought more | +185K | +$68.5M |
| PM | Trimmed | -74K | +$58.3M |
| — | Trimmed | -151K | +$47.5M |
| — | Trimmed | -196K | +$36.3M |
| BRKA | Trimmed | -28 | +$23.9M |
| MLM | Trimmed | -10K | -$14.4M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| XOM | June 30, 2026 | 193,950 | $32,905,526 | 22.5% |
| H | March 31, 2026 | 8,675 | $1,390,776 | 25.7% |
| RL | Sept. 30, 2025 | 4,100 | $1,124,548 | 18.7% |
| PNC | March 31, 2026 | 3,750 | $782,738 | 17.6% |
| GNRC | June 30, 2026 | 2,250 | $439,493 | -28.8% |
| TFC | Dec. 31, 2025 | 9,355 | $427,727 | 2.9% |
| FMX | Dec. 31, 2025 | 3,218 | $317,391 | 18.2% |
| MDLZ | March 31, 2025 | 4,400 | $262,812 | -4.9% |
| MRK | June 30, 2025 | 2,763 | $248,013 | 90.0% |
| HKHHY | June 30, 2025 | 6,260 | $226,192 | No longer tracked |
| IBM | March 31, 2026 | 750 | $222,158 | -2.6% |
| BP | June 30, 2025 | 6,300 | $212,881 | 50.9% |
| CFRUY | March 31, 2025 | 12,140 | $184,730 | No longer tracked |