Gardner Russo & Quinn

Tom Russo

Latest filing · Q2 2026

Sold more than boughtFiled Aug 13, 2026 for holdings on Jun 30, 2026, 44 days after the quarter ended. The next one is due by Nov 14, 2026.

Stocks reported

$8.93B

as of Jun 30, 2026

Positions

all shown below

Top 10 stocks

80.0%

of the money in stocks

Options

None

none reported

What changed in Q2 2026

compared with Q1 2026, by number of shares

New buys1

XOMExxonMobil0.3%

Added to9

ERFSFEurofins Scientific32.2% more
DASHDoordash18.5% more
NFLXNetflix1.8% more
DELHFDe'longhi Spa9.5% more
AKBLFAlk-Abello A/s6.0% more
CABJFCarlsberg As2.7% more
LEVILevi Strauss1.2% more
KMROFKalmar Oyj-B Share1.9% more
and 1 more in the filing

Trimmed42

GOOGAlphabet9.0% fewer
JPMJPMorgan Chase83.4% fewer
CFRHFCie Financiere Richemo-A Reg3.0% fewer
BRK.ABerkshire Hathaway · also BRK.B1.9% fewer
NSRGYNestle Sa-Spons3.0% fewer
MAMastercard2.1% fewer
HKHHFHeineken2.1% fewer
PMPhilip Morris International1.6% fewer
and 34 more in the filing

Exited2

Exxon Mobilwas 0.4%
GNRCGeneracwas <0.1%

Portfolio

as of Jun 30, 2026 · source

#	Holding	Weight	Value	Shares	Vs last quarter	Held since
1	GOOGAlphabet Trimmed −9.0%	12.1%	$1.08B	3.0M	Trimmed −9.0%	Q3 2015
2	BRK.ABerkshire Hathaway Trimmed −1.9%	12.0%	$1.07B	1,432	Trimmed −1.9%	≤ Q2 2013
3	PMPhilip Morris International Trimmed −1.6%	9.2%	$820M	4.5M	Trimmed −1.6%	≤ Q2 2013
4	MAMastercard Trimmed −2.1%	8.8%	$782M	1.5M	Trimmed −2.1%	≤ Q2 2013
5	CFRHFCie Financiere Richemo-A Reg Trimmed −3.0%	8.7%	$774M	3.3M	Trimmed −3.0%	Q3 2013
6	HKHHFHeineken Trimmed −2.1%	7.6%	$680M	8.9M	Trimmed −2.1%	≤ Q2 2013
7	NSRGYNestle Sa-Spons Trimmed −3.0%	6.1%	$546M	5.3M	Trimmed −3.0%	≤ Q2 2013
8	BRK.BBerkshire Hathaway Trimmed −2.8%	6.1%	$540M	1.1M	Trimmed −2.8%	≤ Q2 2013
9	SUNBSunbelt Rentals Trimmed −2.5%	4.9%	$441M	5.9M	Trimmed −2.5%	Q1 2026
10	NFLXNetflix Added +1.8%	4.6%	$408M	5.7M	Added +1.8%	Q2 2022
11	MLMMartin Marietta Materials Trimmed −1.4%	4.6%	$407M	705K	Trimmed −1.4%	≤ Q2 2013
12	UBERUber Technologies Trimmed −1.7%	4.1%	$367M	5.1M	Trimmed −1.7%	Q4 2023
13	ERFSFEurofins Scientific Added +32.2%	3.6%	$321M	4.1M	Added +32.2%	Q1 2026
14	DASHDoordash Added +18.5%	2.5%	$219M	1.2M	Added +18.5%	Q2 2024
15	PDRDFPernod Ricard SA Trimmed −5.2%	1.9%	$172M	2.4M	Trimmed −5.2%	≤ Q2 2013
16	CMCSAComcast Trimmed −2.6%	0.6%	$53.9M	2.2M	Trimmed −2.6%	≤ Q2 2013
17	BF.ABrown-Forman Trimmed −3.0%	0.5%	$43.7M	1.6M	Trimmed −3.0%	≤ Q2 2013
18	VVisa Inc-Class a Shares Trimmed −7.0%	0.3%	$29.9M	87K	Trimmed −7.0%	≤ Q2 2013
19	XOMExxonMobil New	0.3%	$24.8M	181K	New	Q2 2026
20	BF.BBrown-Forman Trimmed −3.1%	0.2%	$17.0M	639K	Trimmed −3.1%	≤ Q2 2013

Show 65 more

21	BUDFFAnheuser-Busch Inbev SA Trimmed −6.9%	0.2%	$14.2M	171K	Trimmed −6.9%	Q3 2016
22	MOAltria Group Trimmed −9.6%	0.1%	$10.7M	149K	Trimmed −9.6%	≤ Q2 2013
23	CRCrane Trimmed −5.8%	0.1%	$9.8M	44K	Trimmed −5.8%	Q2 2023
24	MKLMarkel Group Trimmed −13.9%	0.1%	$8.3M	4,265	Trimmed −13.9%	≤ Q2 2013
25	JPMJPMorgan Chase Trimmed −83.4%	0.1%	$8.1M	25K	Trimmed −83.4%	Q4 2017
26	UNPUnion Pacific Trimmed −6.5%	0.1%	$7.0M	26K	Trimmed −6.5%	Q2 2014
27	DOVDover Trimmed −1.4%	<0.1%	$4.2M	19K	Trimmed −1.4%	≤ Q2 2013
28	GOOGLAlphabet Trimmed −4.3%	<0.1%	$4.0M	11K	Trimmed −4.3%	Q3 2015
29	COSTCostco Wholesale Trimmed −26.5%	<0.1%	$3.2M	3,399	Trimmed −26.5%	≤ Q2 2013
30	ABBVAbbvie	<0.1%	$3.1M	12K	No change	≤ Q2 2013
31	WRBYWarby Parker	<0.1%	$2.4M	80K	No change	Q1 2025
32	VMCVulcan Materials	<0.1%	$2.1M	7,263	No change	Q3 2016
33	LEVILevi Strauss Added +1.2%	<0.1%	$2.1M	84K	Added +1.2%	Q1 2025
34	AKBLFAlk-Abello A/s Added +6.0%	<0.1%	$2.0M	53K	Added +6.0%	Q4 2025
35	MKCMccormick & Co-Non Vtg Shrs Trimmed −1.6%	<0.1%	$1.9M	38K	Trimmed −1.6%	≤ Q2 2013
36	DELHFDe'longhi Spa Added +9.5%	<0.1%	$1.8M	43K	Added +9.5%	Q1 2025
37	COCXFChocoladefabriken Lindt-Reg	<0.1%	$1.8M	15	No change	≤ Q2 2013
38	SSPPFSsp Group	<0.1%	$1.7M	700K	No change	Q1 2025
39	AXPAmerican Express Trimmed −21.0%	<0.1%	$1.7M	5,125	Trimmed −21.0%	≤ Q2 2013
40	WILLFDemant A/s	<0.1%	$1.7M	41K	No change	Q1 2025
41	LRLCFL'oreal	<0.1%	$1.6M	3,705	No change	≤ Q2 2013
42	FLMNFFielmann Group	<0.1%	$1.6M	33K	No change	Q1 2025
43	KNCRFKonecranes Oyj	<0.1%	$1.6M	53K	No change	Q1 2025
44	RTLLFRational	<0.1%	$1.6M	2,200	No change	Q1 2025
45	FLUIFFluidra SA	<0.1%	$1.6M	70K	No change	Q1 2025
46	LTSSFLotus Bakeries	<0.1%	$1.5M	115	No change	Q1 2025
47	MSFTMicrosoft Added +1.1%	<0.1%	$1.3M	3,584	Added +1.1%	≤ Q2 2013
48	AAPLApple Trimmed −3.2%	<0.1%	$1.3M	4,601	Trimmed −3.2%	Q4 2017
49	CABJFCarlsberg As Added +2.7%	<0.1%	$1.3M	10K	Added +2.7%	Q2 2020
50	Sunbelt Rentals Holdings Ord	<0.1%	$1.3M	18K	No change	Q1 2026
51	HINKFHeineken	<0.1%	$1.3M	15K	No change	≤ Q2 2013
52	PUIGFPuig Brands SA	<0.1%	$1.3M	68K	No change	Q1 2025
53	PEPPepsico Trimmed −1.0%	<0.1%	$1.2M	9,115	Trimmed −1.0%	≤ Q2 2013
54	DVDCFDavide Campari-Milano Trimmed −3.5%	<0.1%	$1.2M	195K	Trimmed −3.5%	Q2 2020
55	KMROFKalmar Oyj-B Share Added +1.9%	<0.1%	$1.2M	28K	Added +1.9%	Q3 2025
56	YETIYeti	<0.1%	$1.2M	24K	No change	Q1 2025
57	NSRGFNestle Sa-Reg	<0.1%	$1.1M	11K	No change	≤ Q2 2013
58	HMRZFHennes & Mauritz Ab	<0.1%	$1.1M	64K	No change	Q1 2025
59	FULTFulton Financial Trimmed −9.6%	<0.1%	$1.1M	44K	Trimmed −9.6%	≤ Q2 2013
60	JBTMJbt Marel	<0.1%	$1.1M	7,250	No change	Q1 2025
61	ABTAbbott Laboratories	<0.1%	$1.0M	12K	No change	≤ Q2 2013
62	ECTXFElectrolux Professional AB	<0.1%	$1.0M	230K	No change	Q1 2025
63	KOCoca-Cola Trimmed −5.2%	<0.1%	$1.0M	12K	Trimmed −5.2%	≤ Q2 2013
64	PGProcter & Gamble Trimmed −29.0%	<0.1%	$961K	6,554	Trimmed −29.0%	≤ Q2 2013
65	WMTWalmart Trimmed −13.1%	<0.1%	$959K	8,465	Trimmed −13.1%	≤ Q2 2013
66	HRIHerc	<0.1%	$925K	6,450	No change	Q1 2025
67	LAMRLamar Advertising	<0.1%	$837K	5,368	No change	Q4 2014
68	ZLDSFZalando	<0.1%	$812K	28K	No change	Q2 2025
69	FBLAFb Bancorp	<0.1%	$753K	50K	No change	Q4 2024
70	WFCWells Fargo	<0.1%	$616K	7,451	No change	≤ Q2 2013
71	SWZTotal Return Securities Fund	<0.1%	$580K	98K	No change	≤ Q2 2013
72	HRLHormel Foods Trimmed −2.6%	<0.1%	$459K	19K	Trimmed −2.6%	≤ Q2 2013
73	OUTOutfront Media	<0.1%	$445K	14K	No change	Q4 2024
74	LTGIFLt Group	<0.1%	$432K	1.8M	No change	Q2 2014
75	CVXChevron	<0.1%	$409K	2,470	No change	≤ Q2 2013
76	ORCLOracle Trimmed −24.6%	<0.1%	$398K	2,715	Trimmed −24.6%	≤ Q2 2013
77	UNMUnum Trimmed −8.3%	<0.1%	$312K	3,485	Trimmed −8.3%	Q1 2017
78	JNJJohnson & Johnson Trimmed −14.7%	<0.1%	$282K	1,112	Trimmed −14.7%	Q2 2016
79	CATCaterpillar Trimmed −41.1%	<0.1%	$282K	265	Trimmed −41.1%	Q4 2017
80	MCDMcDonald's	<0.1%	$256K	947	No change	≤ Q2 2013
81	DISWalt Disney Trimmed −1.0%	<0.1%	$240K	2,492	Trimmed −1.0%	≤ Q2 2013
82	AMZNAmazon.com Trimmed −10.0%	<0.1%	$223K	936	Trimmed −10.0%	Q4 2017
83	MRKMerck Trimmed −23.3%	<0.1%	$211K	1,642	Trimmed −23.3%	≤ Q2 2013
84	Cofide Spa	<0.1%	$200K	251K	No change	Q1 2020
85	PHJMFHm Sampoerna Tbk Pt	<0.1%	$187K	5.0M	No change	Q3 2013

Values at quarter end, not today's prices.

Filing history

53 quarters since Q2 2013

Quarter	Filed	Lag	Stocks	Positions	Filing
Q2 2026	Aug 13, 2026	44d	$8.93B	85	EDGAR
Q1 2026	May 13, 2026	43d	$8.50B	86	EDGAR
Q4 2025	Feb 12, 2026	43d	$9.26B	87	EDGAR
Q3 2025	Nov 12, 2025	43d	$9.33B	85	EDGAR
Q2 2025	Aug 13, 2025	44d	$9.41B	85	EDGAR
Q1 2025	May 13, 2025	43d	$8.92B	86	EDGAR
Q4 2024	Feb 12, 2025	43d	$8.85B	68	EDGAR
Q3 2024	Nov 13, 2024	44d	$9.74B	77	EDGAR
Q2 2024	Aug 13, 2024	44d	$9.47B	77	EDGAR
Q1 2024	May 14, 2024	44d	$9.75B	81	EDGAR
Q4 2023	Feb 13, 2024	44d	$9.81B	82	EDGAR
Q3 2023	Nov 14, 2023	45d	$9.17B	82	EDGAR
Q2 2023	Aug 11, 2023	42d	$10.1B	83	EDGAR
Q1 2023	May 11, 2023	41d	$9.64B	84	EDGAR
Q4 2022	Feb 13, 2023	44d	$9.06B	83	EDGAR
Q3 2022	Nov 10, 2022	41d	$8.27B	83	EDGAR
Q2 2022	Aug 4, 2022	35d	$8.94B	85	EDGAR
Q1 2022	May 12, 2022	42d	$10.4B	84	EDGAR
Q4 2021	Feb 10, 2022	41d	$11.2B	88	EDGAR
Q3 2021	Nov 15, 2021	46d	$10.8B	87	EDGAR
Q2 2021	Aug 12, 2021	43d	$11.8B	88	EDGAR
Q1 2021	May 12, 2021	42d	$11.0B	90	EDGAR
Q4 2020	Feb 11, 2021	42d	$11.0B	92	EDGAR
Q3 2020	Nov 12, 2020	43d	$10.3B	86	EDGAR
Q2 2020	Aug 14, 2020	45d	$9.84B	86	EDGAR
Q1 2020	May 13, 2020	43d	$9.89B	84	EDGAR
Q4 2019	Feb 11, 2020	42d	$13.0B	93	EDGAR
Q3 2019	Nov 13, 2019	44d	$12.8B	94	EDGAR
Q2 2019	Aug 13, 2019	44d	$13.2B	96	EDGAR
Q1 2019	May 15, 2019	45d	$12.9B	93	EDGAR
Q4 2018	Feb 13, 2019	44d	$12.0B	88	EDGAR
Q3 2018	Nov 13, 2018	44d	$13.8B	95	EDGAR
Q2 2018	Aug 13, 2018	44d	$13.7B	98	EDGAR
Q1 2018	May 11, 2018	41d	$14.3B	100	EDGAR
Q4 2017	Feb 14, 2018	45d	$14.5B	196	EDGAR
Q3 2017	Nov 14, 2017	45d	$14.1B	102	EDGAR
Q2 2017	Aug 14, 2017	45d	$13.5B	102	EDGAR
Q1 2017	May 11, 2017	41d	$12.9B	102	EDGAR
Q4 2016	Feb 13, 2017	44d	$11.8B	97	EDGAR
Q3 2016	Nov 14, 2016	45d	$12.0B	100	EDGAR
Q2 2016	Aug 12, 2016	43d	$11.9B	105	EDGAR
Q1 2016	May 12, 2016	42d	$11.8B	107	EDGAR
Q4 2015	Feb 11, 2016	42d	$11.7B	105	EDGAR
Q3 2015	Nov 12, 2015	43d	$11.1B	104	EDGAR
Q2 2015	Aug 11, 2015	42d	$11.4B	109	EDGAR
Q1 2015	May 14, 2015	44d	$11.1B	110	EDGAR
Q4 2014	Feb 12, 2015	43d	$11.0B	110	EDGAR
Q3 2014	Nov 13, 2014	44d	$10.6B	111	EDGAR
Q2 2014	Aug 13, 2014	44d	$10.8B	113	EDGAR
Q1 2014	May 13, 2014	43d	$10.3B	112	EDGAR
Q4 2013	Feb 12, 2014	43d	$10.1B	110	EDGAR
Q3 2013	Nov 14, 2013	45d	$9.42B	113	EDGAR
Q2 2013	Aug 13, 2013	44d	$8.58B	115	EDGAR

They usually file 43 days after the quarter ends. * amended later.

Earlier filings, quarter by quarter

Aug 13
NewXOM0.3% of the bookAddedERFSF32.2% more sharesAddedDASH18.5% more sharesAddedNFLX1.8% more sharesAddedDELHF9.5% more sharesTrimmedGOOG9.0% fewer shares
Holdings as of Jun 30 (Q2 2026), filed 44 days later (the report at the SEC)
May 13
NewSUNB4.6% of the bookNewERFSF2.6% of the bookNewSunbelt Rentals Holdings Ord<0.1% of the bookNewMRK<0.1% of the bookAddedNFLX12.1% more sharesAddedDASH7.6% more shares
Holdings as of Mar 31 (Q1 2026), filed 43 days later (the report at the SEC)
Feb 12
NewDGEAF<0.1% of the bookNewAKBLF<0.1% of the bookNewAMZN<0.1% of the bookNewIBM<0.1% of the bookAddedNFLX873% more sharesAddedAshtead Group PLC9.6% more shares
Holdings as of Dec 31 (Q4 2025), filed 43 days later (the report at the SEC)
Nov 12
NewKMROF<0.1% of the bookNewCAT<0.1% of the bookAddedHKHHF10.1% more sharesAddedBRK.B0.6% more sharesAddedSSPPF20.4% more sharesAddedExxon Mobil Corp0.8% more shares
Holdings as of Sep 30 (Q3 2025), filed 43 days later (the report at the SEC)
Aug 13
NewDROOF<0.1% of the bookNewZLDSF<0.1% of the bookAddedUBER10.5% more sharesAddedDASH21.8% more sharesAddedHKHHF3.6% more sharesAddedAshtead Group PLC5.4% more shares
Holdings as of Jun 30 (Q2 2025), filed 44 days later (the report at the SEC)
May 13
NewKNCRF<0.1% of the bookNewH<0.1% of the bookNewWILLF<0.1% of the bookNewHRI<0.1% of the bookAddedAshtead Group PLC16.9% more sharesAddedDASH18.4% more shares
Holdings as of Mar 31 (Q1 2025), filed 43 days later (the report at the SEC)

About Gardner Russo & Quinn: Global consumer brands held for decades. A 13F is up to 45 days old when filed and shows long US stock positions only. Not investment advice.