Thomas Russo - Gardner Russo & Quinn 13F Activity & Position Changes (Q3 2020)

As of Sep 30, 2020, the Gardner Russo & Quinn portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 12, 2020. 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 Q3 2020, the filing reported:

New Buys - Nike, Inc., Swiss Helvetia Fund, Inc. (The)

Increases - Apple Inc., AbbVie Inc., Abbott Laboratories, Ashtead Group, Berkshire Hathaway Inc. New, and 13 more

Reductions - American Express Company, Brown Forman Inc, Brown Forman Inc, Berkshire Hathaway Inc., Compagnie Financiere Richemont, and 31 more

Complete Exits - Bank of America Corporation, Eaton Vance Senior Income Trust

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2020	AAPL Apple Inc.	Apple Inc.	Buy	+7,013	+344.6%	$1.05K	9,048
Q3 2020	ABBV AbbVie Inc.	AbbVie Inc.	Buy	+16	+0.1%	$1.10K	12,610
Q3 2020	ABT Abbott Laboratories	Abbott Laboratories	Buy	+165	+1.4%	$1.30K	11,975
Q3 2020	ASHTF Ashtead Group	Ashtead Group	Buy	+326,245	+3728.5%	$12.13K	334,995
Q3 2020	AXP American Express Company	American Express Company	Sell	-31,655	-28.4%	$8.01K	79,893
Q3 2020	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-48,975	-100.0%	$0.00	-
Q3 2020	BF-A Brown Forman Inc	Brown Forman Inc	Sell	-139,915	-4.1%	$227.08K	3,306,343
Q3 2020	BF-B Brown Forman Inc	Brown Forman Inc	Sell	-110,653	-7.7%	$99.55K	1,321,658
Q3 2020	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-50	-1.4%	$1.14M	3,563
Q3 2020	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+76,917	+3.8%	$450.61K	2,116,145
Q3 2020	BUDFF AB InBev	AB InBev	Buy	+116,655	+1.9%	$330.96K	6,105,623
Q3 2020	CABJF Carlsberg	Carlsberg	Buy	+1,137	+19.4%	$943.00	6,996
Q3 2020	CFRHF Compagnie Financiere Richemont	Compagnie Financiere Richemont	Sell	-388,559	-5.0%	$495.91K	7,384,381
Q3 2020	CFRUY Compagnie Financiere Richemont	Compagnie Financiere Richemont	Buy	+10,168	+6.3%	$1.14K	170,379
Q3 2020	CMCSA Comcast Corporation	Comcast Corporation	Sell	-227,004	-4.4%	$229.03K	4,950,823
Q3 2020	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-26	-0.5%	$1.91K	5,393
Q3 2020	CTVA Corteva, Inc.	Corteva, Inc.	Buy	+65	+0.4%	$455.00	15,780
Q3 2020	CVX Chevron Corporation	Chevron Corporation	Sell	-137	-1.5%	$646.00	8,970
Q3 2020	DANOY Danone	Danone	Sell	-9,322	-4.8%	$2.40K	185,318
Q3 2020	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Sell	-660	-3.5%	$1.00K	18,054
Q3 2020	DEO Diageo	Diageo	Sell	-32,073	-14.4%	$26.22K	190,486
Q3 2020	DGEAF Diageo	Diageo	Sell	-4,779,988	-99.3%	$1.13K	33,086
Q3 2020	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+90	+1.8%	$646.00	5,203
Q3 2020	DOV Dover Corporation	Dover Corporation	Sell	-975	-2.4%	$4.24K	39,160
Q3 2020	DOW Dow Inc.	Dow Inc.	Buy	+254	+1.4%	$883.00	18,776
Q3 2020	DVDCF Campari	Campari	Buy	+7,216	+0.8%	$9.59K	877,266
Q3 2020	EVF Eaton Vance Senior Income Trust	Eaton Vance Senior Income Trust	Sell - Position Exit	-306,404	-100.0%	$0.00	-
Q3 2020	FMX Fomento Economico Mexicano S.A.	Fomento Economico Mexicano S.A.	Sell	-2,167	-4.3%	$2.72K	48,332
Q3 2020	FULT Fulton Financial Corporation	Fulton Financial Corporation	Sell	-90	-0.1%	$1.09K	117,184
Q3 2020	GHC Graham Holdings Company	Graham Holdings Company	Sell	-4	-0.3%	$468.00	1,159

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