Thomas Russo - Gardner Russo & Quinn 13F Activity & Position Changes (Q1 2023)
As of Mar 31, 2023, the Gardner Russo & Quinn portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 11, 2023. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q1 2023, the filing reported:
New Buys - LVMH-Moet Hennessy Louis Vuitto
Increases - Carlsberg, Cable One, Inc., Corteva, Inc., Chevron Corporation, DuPont de Nemours, Inc., and 14 more
Reductions - Ashtead Group, American Express Company, Brown Forman Inc, Brown Forman Inc, BP p.l.c., and 36 more
Complete Exits - MillerKnoll, Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2023
|
ASHTF
Ashtead Group
|
Sell |
-22,254
|
|
Q1 2023
|
AXP
American Express Company
|
Sell |
-385
|
|
Q1 2023
|
BF-A
Brown Forman Inc
|
Sell |
-28,085
|
|
Q1 2023
|
BF-B
Brown Forman Inc
|
Sell |
-6,862
|
|
Q1 2023
|
BP
BP p.l.c.
|
Sell |
-170
|
|
Q1 2023
|
BRK-A
Berkshire Hathaway Inc.
|
Sell |
-21
|
|
Q1 2023
|
BRK-B
Berkshire Hathaway Inc. New
|
Sell |
-17,451
|
|
Q1 2023
|
BUDFF
AB InBev
|
Sell |
-24,915
|
|
Q1 2023
|
CABJF
Carlsberg
|
Buy |
+835
|
|
Q1 2023
|
CABO
Cable One, Inc.
|
Buy |
+598
|
|
Q1 2023
|
CFRHF
Compagnie Financiere Richemont
|
Sell |
-103,002
|
|
Q1 2023
|
CFRUY
Compagnie Financiere Richemont
|
Sell |
-23,781
|
|
Q1 2023
|
CMCSA
Comcast Corporation
|
Sell |
-51,278
|
|
Q1 2023
|
COST
Costco Wholesale Corporation
|
Sell |
-257
|
|
Q1 2023
|
CTVA
Corteva, Inc.
|
Buy |
+23
|
|
Q1 2023
|
CVX
Chevron Corporation
|
Buy |
+13
|
|
Q1 2023
|
CXT
Crane NXT, Co.
|
Sell |
-1,375
|
|
Q1 2023
|
DANOY
Danone
|
Sell |
-50,175
|
|
Q1 2023
|
DD
DuPont de Nemours, Inc.
|
Buy |
+93
|
|
Q1 2023
|
DGEAF
Diageo
|
Sell |
-4,724
|
|
Q1 2023
|
DHR
Danaher Corporation
|
Sell |
-100
|
|
Q1 2023
|
DIS
Walt Disney Company (The)
|
Sell |
-104
|
|
Q1 2023
|
DOV
Dover Corporation
|
Sell |
-345
|
|
Q1 2023
|
DOW
Dow Inc.
|
Buy |
+248
|
|
Q1 2023
|
DVDCF
Campari
|
Buy |
+2,680
|
|
Q1 2023
|
FMX
Fomento Economico Mexicano S.A.
|
Sell |
-376
|
|
Q1 2023
|
FULT
Fulton Financial Corporation
|
Buy |
+12,500
|
|
Q1 2023
|
GHC
Graham Holdings Company
|
Buy |
+3
|
|
Q1 2023
|
GOOG
Alphabet Inc.
|
Buy |
+494,900
|
|
Q1 2023
|
GOOGL
Alphabet Inc.
|
Buy |
+216
|
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