Thomas Russo - Gardner Russo & Quinn 13F Activity & Position Changes (Q3 2022)

According to the SEC 13F filed on Nov 10, 2022, the Gardner Russo & Quinn portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2022. 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 2022, the filing reported:

New Buys - Ashtead Group PLC

Increases - Ashtead Group, Cable One, Inc., Corteva, Inc., Chevron Corporation, DuPont de Nemours, Inc., and 11 more

Reductions - Brown Forman Inc, Brown Forman Inc, Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, AB InBev, and 34 more

Complete Exits - Alibaba Group Holding Limited

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 2022	ASHTF Ashtead Group	Ashtead Group	Buy	+1,063,811	+25.2%	$241.06K	5,284,992
Q3 2022	ASHTY Ashtead Group PLC	Ashtead Group PLC	Buy - Position Entry	+1,250	-	$228.00	1,250
Q3 2022	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell - Position Exit	-1,581,740	-100.0%	$0.00	-
Q3 2022	BF-A Brown Forman Inc	Brown Forman Inc	Sell	-49,547	-1.9%	$177.28K	2,624,001
Q3 2022	BF-B Brown Forman Inc	Brown Forman Inc	Sell	-13,803	-1.3%	$68.76K	1,032,898
Q3 2022	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-42	-1.5%	$1.10M	2,710
Q3 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-30,880	-1.8%	$458.71K	1,717,887
Q3 2022	BUDFF AB InBev	AB InBev	Sell	-79,589	-11.0%	$29.44K	642,884
Q3 2022	CABJF Carlsberg	Carlsberg	Sell	-3,985	-12.2%	$3.39K	28,771
Q3 2022	CABO Cable One, Inc.	Cable One, Inc.	Buy	+1,775	+1.9%	$81.65K	95,713
Q3 2022	CFRHF Compagnie Financiere Richemont	Compagnie Financiere Richemont	Sell	-25,611	-0.4%	$559.73K	5,843,425
Q3 2022	CFRUY Compagnie Financiere Richemont	Compagnie Financiere Richemont	Sell	-30,479	-18.1%	$1.32K	138,220
Q3 2022	CMCSA Comcast Corporation	Comcast Corporation	Sell	-734,965	-15.6%	$116.90K	3,985,573
Q3 2022	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-200	-3.6%	$2.54K	5,389
Q3 2022	CTVA Corteva, Inc.	Corteva, Inc.	Buy	+21	+0.2%	$492.00	8,611
Q3 2022	CVX Chevron Corporation	Chevron Corporation	Buy	+13	+0.3%	$690.00	4,802
Q3 2022	CXT Crane NXT, Co.	Crane NXT, Co.	Sell	-1,075	-1.4%	$6.42K	73,281
Q3 2022	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Buy	+101	+0.6%	$895.00	17,754
Q3 2022	DGEAF Diageo	Diageo	Sell	-50	-0.3%	$820.00	19,351
Q3 2022	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-412	-7.9%	$452.00	4,792
Q3 2022	DOV Dover Corporation	Dover Corporation	Sell	-280	-0.9%	$3.47K	29,762
Q3 2022	DOW Dow Inc.	Dow Inc.	Buy	+280	+1.4%	$862.00	19,618
Q3 2022	DVDCF Campari	Campari	Sell	-9,015	-1.1%	$7.26K	813,493
Q3 2022	FMX Fomento Economico Mexicano S.A.	Fomento Economico Mexicano S.A.	Sell	-135	-1.0%	$879.00	14,011
Q3 2022	FULT Fulton Financial Corporation	Fulton Financial Corporation	Sell	-448	-0.7%	$1.07K	67,605
Q3 2022	GHC Graham Holdings Company	Graham Holdings Company	Buy	+2	+0.2%	$625.00	1,162
Q3 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+7,328,355	+1969.0%	$740.41K	7,700,535
Q3 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+18,658	+1900.0%	$1.88K	19,640
Q3 2022	HEINY Heineken N.V.	Heineken N.V.	Sell	-6,926	-24.0%	$968.00	21,982
Q3 2022	HKHHF Heineken Holding	Heineken Holding	Sell	-13,074	-0.2%	$566.93K	8,208,621

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