Thomas Russo (Gardner Russo & Quinn) portfolio: Q2 2026 13F
Every US-listed position Gardner Russo & Quinn reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 13, 2026. 85 positions at the quarter end, after opening 0 and exiting 1 during it.
50 largest positions
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| GOOG | Alphabet Inc. | 12.07% | $1.08B | 3,048,077 | Trimmed |
| BRK-A | Berkshire Hathaway Inc | 12.01% | $1.07B | 1,432 | Trimmed |
| PM | Philip Morris International Inc. | 9.18% | $819.68M | 4,530,846 | Trimmed |
| MA | Mastercard Inc | 8.76% | $781.90M | 1,522,395 | Trimmed |
| CFRHF | Compagnie Financiere Richemont | 8.67% | $773.66M | 3,345,346 | Trimmed |
| HKHHF | Heineken Holding NV | 7.61% | $679.64M | 8,905,683 | Trimmed |
| NSRGY | Nestle SA Sponsored ADR | 6.11% | $545.79M | 5,314,898 | Trimmed |
| BRK-B | Berkshire Hathaway Inc | 6.05% | $540.10M | 1,079,364 | Trimmed |
| SUNB | Sunbelt Rentals Holdings, Inc. | 4.94% | $441.22M | 5,897,825 | Trimmed |
| NFLX | Netflix Inc | 4.57% | $407.70M | 5,710,088 | Added |
| MLM | Martin Marietta Materials Inc | 4.56% | $406.78M | 705,367 | Trimmed |
| UBER | Uber Technologies, Inc | 4.11% | $366.86M | 5,084,015 | Trimmed |
| ERFSF | Eurofins Scientific | 3.60% | $320.91M | 4,094,034 | Added |
| DASH | DoorDash, Inc. | 2.45% | $218.87M | 1,186,104 | Added |
| PDRDF | Pernod Ricard | 1.92% | $171.68M | 2,351,360 | Trimmed |
| CMCSA | Comcast Corp | 0.60% | $53.85M | 2,193,660 | Trimmed |
| BF-A | Brown-Forman Corp | 0.49% | $43.72M | 1,597,815 | Trimmed |
| V | Visa Inc. | 0.34% | $29.94M | 87,256 | Trimmed |
| XOM | Exxon Mobil Corp | 0.28% | $24.77M | 181,200 | Trimmed |
| BF-B | Brown-Forman Corp | 0.19% | $17.04M | 639,282 | Trimmed |
| BUDFF | Anheuser-Busch InBev SA | 0.16% | $14.23M | 171,294 | Trimmed |
| MO | Altria Group, Inc. | 0.12% | $10.69M | 148,603 | Trimmed |
| CR | Crane Co | 0.11% | $9.80M | 43,937 | Trimmed |
| MKL | Markel Group Inc. | 0.09% | $8.33M | 4,265 | Trimmed |
| JPM | JPMorgan Chase & Co | 0.09% | $8.09M | 24,719 | Trimmed |
| UNP | Union Pacific Corp | 0.08% | $7.03M | 25,841 | Trimmed |
| DOV | Dover Corp | 0.05% | $4.23M | 18,851 | Trimmed |
| GOOGL | Alphabet Inc. | 0.04% | $3.97M | 11,114 | Trimmed |
| COST | Costco Wholesale Corp | 0.04% | $3.18M | 3,399 | Trimmed |
| ABBV | AbbVie Inc. | 0.03% | $3.12M | 12,410 | Unchanged |
| WRBY | Warby Parker Inc. | 0.03% | $2.43M | 80,000 | Unchanged |
| VMC | Vulcan Materials Co | 0.02% | $2.14M | 7,263 | Unchanged |
| LEVI | Levi Strauss & Co | 0.02% | $2.08M | 83,725 | Added |
| AKBLF | ALK Abello A/S | 0.02% | $1.98M | 53,000 | Added |
| MKC | McCormick & Co Inc | 0.02% | $1.92M | 37,981 | Trimmed |
| DELHF | De'Longhi | 0.02% | $1.81M | 42,700 | Added |
| COCXF | Lindt & Spruengli AG - Reg | 0.02% | $1.79M | 15 | Unchanged |
| SSPPF | SSP Group | 0.02% | $1.74M | 700,000 | Unchanged |
| AXP | American Express Co | 0.02% | $1.73M | 5,125 | Trimmed |
| WILLF | Demant A/S | 0.02% | $1.68M | 41,000 | Unchanged |
| LRLCF | Loreal SA | 0.02% | $1.63M | 3,705 | Unchanged |
| FLMNF | Fielmann | 0.02% | $1.61M | 33,000 | Unchanged |
| KNCRF | Konecranes | 0.02% | $1.61M | 52,500 | Unchanged |
| RTLLF | Rational AG | 0.02% | $1.61M | 2,200 | Unchanged |
| FLUIF | Fluidra | 0.02% | $1.58M | 70,000 | Unchanged |
| LTSSF | Lotus Bakeries | 0.02% | $1.53M | 115 | Unchanged |
| MSFT | Microsoft Corp | 0.01% | $1.34M | 3,584 | Added |
| AAPL | Apple Inc. | 0.01% | $1.33M | 4,601 | Trimmed |
| CABJF | Carlsberg B A/S | 0.01% | $1.33M | 10,135 | Added |
| - | Sunbelt Rentals Holdings ORD | 0.01% | $1.33M | 18,178 | Unchanged |
Showing the 50 largest of 85 positions by allocation. The full portfolio, sortable by value, allocation and share count, loads below.
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Trimmed | GOOG | Alphabet Inc. | -302,260 | $1.08B |
| Trimmed | BRK-A | Berkshire Hathaway Inc | -28 | $1.07B |
| Trimmed | PM | Philip Morris International Inc. | -74,223 | $819.68M |
| Trimmed | MA | Mastercard Inc | -32,746 | $781.90M |
| Trimmed | CFRHF | Compagnie Financiere Richemont | -101,941 | $773.66M |
| Trimmed | HKHHF | Heineken Holding NV | -195,845 | $679.64M |
| Trimmed | NSRGY | Nestle SA Sponsored ADR | -166,816 | $545.79M |
| Trimmed | BRK-B | Berkshire Hathaway Inc | -31,065 | $540.10M |
| Trimmed | SUNB | Sunbelt Rentals Holdings, Inc. | -151,308 | $441.22M |
| Added | NFLX | Netflix Inc | +99,422 | $407.70M |
| Trimmed | MLM | Martin Marietta Materials Inc | -10,044 | $406.78M |
| Trimmed | UBER | Uber Technologies, Inc | -89,389 | $366.86M |
| Added | ERFSF | Eurofins Scientific | +997,630 | $320.91M |
| Added | DASH | DoorDash, Inc. | +184,909 | $218.87M |
| Trimmed | PDRDF | Pernod Ricard | -128,296 | $171.68M |
| Trimmed | CMCSA | Comcast Corp | -59,446 | $53.85M |
| Trimmed | BF-A | Brown-Forman Corp | -50,063 | $43.72M |
| Trimmed | V | Visa Inc. | -6,556 | $29.94M |
| Trimmed | XOM | Exxon Mobil Corp | -12,750 | $24.77M |
| Trimmed | BF-B | Brown-Forman Corp | -20,412 | $17.04M |
| Trimmed | BUDFF | Anheuser-Busch InBev SA | -12,716 | $14.23M |
| Trimmed | MO | Altria Group, Inc. | -15,858 | $10.69M |
| Trimmed | CR | Crane Co | -2,689 | $9.80M |
| Trimmed | MKL | Markel Group Inc. | -689 | $8.33M |
| Trimmed | JPM | JPMorgan Chase & Co | -124,079 | $8.09M |
The 25 largest changes by value. The full quarter, filterable by action, loads below.
About these holdings
The 13F on record for Thomas Russo (Gardner Russo & Quinn LLC), filed on Aug 13, 2026, reports 85 positions as of Jun 30, 2026. The largest is Alphabet Inc. (GOOG) at 12.1% of the reported portfolio, followed by Berkshire Hathaway Inc (BRK-A, 12.0%) and Philip Morris International Inc. (PM, 9.2%). The ten largest make up 80.0% of it. Against the previous quarter, it added to 10, trimmed 43 and sold out of 1. The largest position it added to is Netflix Inc (NFLX), now 4.6%. The position it sold out of is Generac Holdings Inc. (GNRC).
Alphabet Inc. (GOOG), the largest position, is also held by 31 other investors tracked here. Of those, Li Lu, Bryan Lawrence, Triple Frond Partners and Seth Klarman hold the most of it as a share of their own portfolios. It is also the largest position of First Eagle Investment and Francois Rochon.
Other investors
Yacktman Asset MgmtStanley DruckenmillerFirst Pacific AdvisorsAndreas HalvorsenPhilippe LaffontTweedy BrowneBill MillerRobert Olstein