# Gardner Russo & Quinn portfolio: Q2 2026 13F holdings

Tom Russo’s Gardner Russo & Quinn: $8.9bn in 82 US holdings at Q2 2026, with buys and sells.

In Q2 2026, Gardner Russo & Quinn held 82 US-listed stocks worth $8.9bn. Its biggest move was adding to Netflix (2% more shares, now 4.6%), followed by cutting Compagnie Financiere Richemont (3% fewer shares, now 8.7%). It started 1 new position and sold out of 2. Its largest holding is Berkshire Hathaway at 18%.

13F for the quarter ending 2026-06-30, filed 2026-08-13 ([filing](https://www.sec.gov/Archives/edgar/data/860643/000086064326000005/0000860643-26-000005-index.htm)). $8.9bn in US-listed holdings.

## 13F holdings

| Company | Value | Portfolio | Change | Q1 2026 |
| --- | --- | --- | --- | --- |
| Berkshire Hathaway (BRK.B) | $1.6bn | 18.1% | Trimmed -2.8% | 18.6% |
| Alphabet (GOOG) | $1.1bn | 12.1% | Trimmed -9.0% | 11.3% |
| Philip Morris International (PM) | $820m | 9.2% | Trimmed -1.6% | 9.0% |
| Mastercard (MA) | $782m | 8.8% | Trimmed -2.1% | 9.2% |
| Compagnie Financiere Richemont (CFRHF) | $774m | 8.7% | Trimmed -3.0% | 7.0% |
| Heineken Holding (HKHHF) | $680m | 7.6% | Trimmed -2.2% | 7.6% |
| Nestle SA Reg B (NSRGY) | $546m | 6.1% | Trimmed -3.0% | 6.4% |
| Sunbelt Rentals Holdings (SUNB) | $441m | 4.9% | Trimmed -2.5% | 4.6% |
| Netflix (NFLX) | $408m | 4.6% | Added +1.8% | 6.3% |
| Martin Marietta Materials Ord (MLM) | $407m | 4.6% | Trimmed -1.4% | 5.0% |
| Uber Technologies (UBER) | $367m | 4.1% | Trimmed -1.7% | 4.4% |
| Eurofins Scientific (ERFSF) | $321m | 3.6% | Added +32% | 2.6% |
| Doordash (DASH) | $219m | 2.5% | Added +19% | 1.8% |
| Pernod Ricard (PDRDF) | $172m | 1.9% | Trimmed -5.2% | 2.2% |
| Brown Forman (BF.B) | $60.8m | 0.7% | Trimmed -3.1% | 0.7% |
| Comcast (CMCSA) | $53.9m | 0.6% | Trimmed -2.6% | 0.8% |
| Visa (V) | $29.9m | 0.3% | Trimmed -7.0% | 0.3% |
| Exxon Mobil (XOM) | $24.8m | 0.3% | New | – |
| Anheuser-Busch InBev (BUDFF) | $14.2m | 0.2% | Trimmed -6.9% | 0.1% |
| Altria Group (MO) | $10.7m | 0.1% | Trimmed -9.6% | 0.1% |
| Crane Company (CR) | $9.8m | 0.1% | Trimmed -5.8% | 0.1% |
| Markel Group (MKL) | $8.3m | 0.1% | Trimmed -14% | 0.1% |
| JPMorgan Chase (JPM) | $8.1m | 0.1% | Trimmed -83% | 0.5% |
| Union Pacific (UNP) | $7.0m | 0.1% | Trimmed -6.5% | 0.1% |
| Dover (DOV) | $4.2m | 0.1% | Trimmed -1.4% | 0.1% |
| Costco Wholesale (COST) | $3.2m | 0.0% | Trimmed -26% | 0.1% |
| Abbvie (ABBV) | $3.1m | 0.0% | Unchanged | 0.0% |
| Warby Parker (WRBY) | $2.4m | 0.0% | Unchanged | 0.0% |
| Vulcan Materials Ord (VMC) | $2.1m | 0.0% | Unchanged | 0.0% |
| Levi Strauss & Co (LEVI) | $2.1m | 0.0% | Added +1.2% | 0.0% |
| ALK Abello (AKBLF) | $2.0m | 0.0% | Added +6.0% | 0.0% |
| Mccormick & Co (MKC) | $1.9m | 0.0% | Trimmed -1.6% | 0.0% |
| De'Longhi (DELHF) | $1.8m | 0.0% | Added +9.5% | 0.0% |
| Lindt & Spruengli AG - Reg (COCXF) | $1.8m | 0.0% | Unchanged | 0.0% |
| SSP Group (SSPPF) | $1.7m | 0.0% | Unchanged | 0.0% |
| American Express (AXP) | $1.7m | 0.0% | Trimmed -21% | 0.0% |
| Demant (WILLF) | $1.7m | 0.0% | Unchanged | 0.0% |
| Loreal (LRLCF) | $1.6m | 0.0% | Unchanged | 0.0% |
| Fielmann (FLMNF) | $1.6m | 0.0% | Unchanged | 0.0% |
| Konecranes (KNCRF) | $1.6m | 0.0% | Unchanged | 0.0% |
| Rational (RTLLF) | $1.6m | 0.0% | Unchanged | 0.0% |
| Fluidra (FLUIF) | $1.6m | 0.0% | Unchanged | 0.0% |
| Lotus Bakeries (LTSSF) | $1.5m | 0.0% | Unchanged | 0.0% |
| Microsoft (MSFT) | $1.3m | 0.0% | Added +1.1% | 0.0% |
| Apple (AAPL) | $1.3m | 0.0% | Trimmed -3.2% | 0.0% |
| Carlsberg B (CABJF) | $1.3m | 0.0% | Added +2.7% | 0.0% |
| Sunbelt Rentals Holdings ORD | $1.3m | 0.0% | Unchanged | 0.0% |
| Heineken (HINKF) | $1.3m | 0.0% | Unchanged | 0.0% |
| Puig Brands (PUIGF) | $1.3m | 0.0% | Unchanged | 0.0% |
| Pepsico (PEP) | $1.2m | 0.0% | Trimmed -1.0% | 0.0% |
| Davide Campari-Milano (DVDCF) | $1.2m | 0.0% | Trimmed -3.4% | 0.0% |
| Kalmar Oyj B (KMROF) | $1.2m | 0.0% | Added +1.9% | 0.0% |
| Yeti Holdings (YETI) | $1.2m | 0.0% | Unchanged | 0.0% |
| Nestle SA-REG (NSRGF) | $1.1m | 0.0% | Unchanged | 0.0% |
| H&M (HMRZF) | $1.1m | 0.0% | Unchanged | 0.0% |
| Fulton Financial (FULT) | $1.1m | 0.0% | Trimmed -9.6% | 0.0% |
| JBT Marel (JBTM) | $1.1m | 0.0% | Unchanged | 0.0% |
| Abbott Laboratories (ABT) | $1.0m | 0.0% | Unchanged | 0.0% |
| Electrolux Professional (ECTXF) | $1.0m | 0.0% | Unchanged | 0.0% |
| Coca-Cola (KO) | $1.0m | 0.0% | Trimmed -5.2% | 0.0% |
| Procter & Gamble (PG) | $961k | 0.0% | Trimmed -29% | 0.0% |
| Walmart (WMT) | $959k | 0.0% | Trimmed -13% | 0.0% |
| Herc Holdings (HRI) | $925k | 0.0% | Unchanged | 0.0% |
| Lamar Advertising (LAMR) | $837k | 0.0% | Unchanged | 0.0% |
| Zalando (ZLDSF) | $812k | 0.0% | Unchanged | 0.0% |
| FB Bancorp (FBLA) | $753k | 0.0% | Unchanged | 0.0% |
| Wells Fargo & Company (WFC) | $616k | 0.0% | Added 0.0% | 0.0% |
| Total Return Securities Fund (SWZ) | $580k | 0.0% | Unchanged | 0.0% |
| Hormel Foods (HRL) | $459k | 0.0% | Trimmed -2.6% | 0.0% |
| Outfront Media (OUT) | $445k | 0.0% | Unchanged | 0.0% |
| LT Group (LTGIF) | $432k | 0.0% | Unchanged | 0.0% |
| Chevron (CVX) | $409k | 0.0% | Unchanged | 0.0% |
| Oracle (ORCL) | $398k | 0.0% | Trimmed -25% | 0.0% |
| Unum Group (UNM) | $312k | 0.0% | Trimmed -8.3% | 0.0% |
| Johnson & Johnson (JNJ) | $282k | 0.0% | Trimmed -15% | 0.0% |
| Caterpillar (CAT) | $282k | 0.0% | Trimmed -41% | 0.0% |
| McDonald’s (MCD) | $256k | 0.0% | Unchanged | 0.0% |
| Walt Disney (DIS) | $240k | 0.0% | Trimmed -1.0% | 0.0% |
| Amazon.com (AMZN) | $223k | 0.0% | Trimmed -10% | 0.0% |
| Merck & Co. (MRK) | $211k | 0.0% | Trimmed -23% | 0.0% |
| Cofide (CFDZF) | $200k | 0.0% | Unchanged | 0.0% |
| Hanjaya Mandala Sampoerna (PHJMF) | $187k | 0.0% | Unchanged | 0.0% |
| Exxon Mobil (EXMOC) | – | – | Sold out | 0.4% |
| Generac Holdings (GNRC) | – | – | Sold out | 0.0% |

Source: SEC filings, via moatshark (https://www.moatshark.com/m/gardner-russo-quinn). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.