1y return+6.0%S&P 500 +20.9%
3y return+39.1%S&P 500 +68.5%
5y return+46.4%S&P 500 +74.5%
10y return+149.6%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $250 against $357 in the S&P 500.2
Gardner Russo & Quinn LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GOOGAlphabet Inc Cl C | $1.1B | 12.1% | −9.0% |
| BRK/ABerkshire Hathaway Inc Cl A | $1.1B | 12.0% | −1.9% |
| PMPhilip Morris International In | $819.7M | 9.2% | −1.6% |
| MAMastercard Inc Cl A | $781.9M | 8.8% | −2.1% |
| Compagnie Financiere RichemontCUSIP H25662182 | $773.7M | 8.7% | −3.0% |
| Heineken Holding NVCUSIP N39338194 | $679.6M | 7.6% | −2.2% |
| NSRGYNestle SA Sponsored ADR | $545.8M | 6.1% | −3.0% |
| BRK/BBerkshire Hathaway Inc Cl B | $540.1M | 6.1% | −2.8% |
| SUNBSunbelt Rentals Holdings Inc | $441.2M | 4.9% | −2.5% |
| NFLXNetflix Inc | $407.7M | 4.6% | +1.8% |
| MLMMartin Marietta Materials | $406.8M | 4.6% | −1.4% |
| UBERUber Technologies Inc | $366.9M | 4.1% | −1.7% |
| Eurofins ScientificCUSIP L31839134 | $320.9M | 3.6% | +32.2% |
| DASHDoordash Inc Cl A | $218.9M | 2.5% | +18.5% |
| Pernod RicardCUSIP F72027109 | $171.7M | 1.9% | −5.2% |
| CMCSAComcast Corp New Cl A | $53.9M | 0.6% | −2.6% |
| BF/ABrown-Forman Corp Cl A | $43.7M | 0.5% | −3.0% |
| VVisa Inc Cl A | $29.9M | 0.3% | −7.0% |
| XOMExxon Mobil Corp | $24.8M | 0.3% | New |
| BF/BBrown-Forman Corp Cl B | $17.0M | 0.2% | −3.1% |
| Anheuser-Busch InBev SACUSIP B639CJ108 | $14.2M | 0.2% | −6.9% |
| MOAltria Group Inc | $10.7M | 0.1% | −9.6% |
| CRCrane Company | $9.8M | 0.1% | −5.8% |
| MKLMarkel Corp | $8.3M | 0.1% | −13.9% |
| JPMJ.P. Morgan Chase | $8.1M | 0.1% | −83.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGLAlphabet Inc Cl A | June 30, 2020 | +404.0% | $4.0M |
| GOOGAlphabet Inc Cl C | June 30, 2020 | +399.9% | $1.1B |
| NFLXNetflix Inc | June 30, 2022 | +308.3% | $407.7M |
| Compagnie Financiere RichemontCUSIP H25662182 | June 30, 2020 | +261.2% | $773.7M |
| AXPAmerican Express | June 30, 2020 | +255.3% | $1.7M |
| JPMJ.P. Morgan Chase | June 30, 2020 | +248.0% | $8.1M |
| COSTCostco Whsl Corp | June 30, 2020 | +208.5% | $3.2M |
| BRK/BBerkshire Hathaway Inc Cl B | June 30, 2020 | +180.3% | $540.1M |
| BRK/ABerkshire Hathaway Inc Cl A | June 30, 2020 | +180.2% | $1.1B |
| MLMMartin Marietta Materials | June 30, 2020 | +179.2% | $406.8M |
Sold off last quarter
- Exxon Mobil CorpCUSIP 30231G102 was $32.9M
- GNRCGenerac Holdings Inc was $439K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.6% | +14.8% |
| March 31, 2026 | −7.1% | −4.6% |
| December 31, 2025 | +2.8% | +2.4% |
| September 30, 2025 | +3.0% | +7.8% |
| June 30, 2025 | +7.3% | +10.5% |
| March 31, 2025 | +7.6% | −4.6% |
| December 31, 2024 | −2.5% | +2.1% |
| September 30, 2024 | +5.7% | +5.4% |
| June 30, 2024 | −0.6% | +4.0% |
| March 31, 2024 | +8.4% | +10.0% |
| December 31, 2023 | +8.0% | +11.2% |
| September 30, 2023 | −5.2% | −3.6% |
| June 30, 2023 | +8.0% | +8.3% |
| March 31, 2023 | +7.4% | +7.0% |
| December 31, 2022 | +13.5% | +7.1% |
| September 30, 2022 | −6.9% | −5.3% |
| June 30, 2022 | −14.2% | −16.5% |
| March 31, 2022 | −3.7% | −4.9% |
| December 31, 2021 | +8.9% | +10.7% |
| September 30, 2021 | −4.6% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Gardner Russo & Quinn LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=860643&type=13F-HR&dateb=&owner=include&count=40CIK 860643
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/860643/000086064326000005/Filed August 13, 2026 · accession 0000860643-26-000005