Thomas Russo - Gardner Russo & Quinn 13F Activity & Position Changes (Q3 2024)

According to the SEC 13F filed on Nov 13, 2024, the Gardner Russo & Quinn portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2024. 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 2024, the filing reported:

New Buys - Danaher Corporation, Trane Technologies

Increases - BP p.l.c., Compagnie Financiere Richemont , Corteva, Inc., Campari, Alphabet Inc., and 6 more

Reductions - Apple Inc., Ashtead Group, American Express Company, Brown Forman Inc, Brown Forman Inc, and 42 more

Complete Exits - DuPont de Nemours, Inc., Dow Inc.

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 2024	AAPL Apple Inc.	Apple Inc.	Sell	-525	-7.7%	$1.46M	6,274
Q3 2024	ASHTF Ashtead Group	Ashtead Group	Sell	-112,249	-2.2%	$383.85M	4,945,913
Q3 2024	AXP American Express Company	American Express Company	Sell	-734	-4.6%	$4.16M	15,341
Q3 2024	BF-A Brown Forman Inc	Brown Forman Inc	Sell	-43,917	-2.0%	$102.25M	2,126,766
Q3 2024	BF-B Brown Forman Inc	Brown Forman Inc	Sell	-13,901	-1.6%	$43.19M	877,885
Q3 2024	BP BP p.l.c.	BP p.l.c.	Buy	+60	+0.9%	$207.24K	6,602
Q3 2024	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-69	-3.3%	$1.41B	2,045
Q3 2024	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-47,406	-3.4%	$618.08M	1,342,904
Q3 2024	BUDFF AB InBev	AB InBev	Sell	-43,000	-9.7%	$26.42M	398,625
Q3 2024	CABJF Carlsberg	Carlsberg	Sell	-940	-3.9%	$2.80M	23,450
Q3 2024	CFRHF Compagnie Financiere Richemont	Compagnie Financiere Richemont	Sell	-160,609	-3.4%	$715.20M	4,509,025
Q3 2024	CFRUY Compagnie Financiere Richemont	Compagnie Financiere Richemont	Buy	+200	+0.3%	$1.05M	66,340
Q3 2024	CMCSA Comcast Corporation	Comcast Corporation	Sell	-94,895	-3.1%	$124.05M	2,969,927
Q3 2024	COCXF Lindt & Spruengli	Lindt & Spruengli	Sell	-2	-10.5%	$2.17M	17
Q3 2024	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-55	-1.0%	$4.81M	5,422
Q3 2024	CR Crane Company	Crane Company	Sell	-2,550	-3.9%	$9.87M	62,356
Q3 2024	CTVA Corteva, Inc.	Corteva, Inc.	Buy	+18	+0.3%	$356.86K	6,070
Q3 2024	CVX Chevron Corporation	Chevron Corporation	Sell	-202	-4.3%	$655.19K	4,449
Q3 2024	DASH DoorDash, Inc.	DoorDash, Inc.	Sell	-11,121	-1.6%	$100.66M	705,267
Q3 2024	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Sell - Position Exit	-15,555	-100.0%	$0.00	-
Q3 2024	DHR Danaher Corporation	Danaher Corporation	Buy - Position Entry	+819	-	$227.70K	819
Q3 2024	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-201	-4.9%	$373.71K	3,885
Q3 2024	DOV Dover Corporation	Dover Corporation	Sell	-325	-1.4%	$4.43M	23,101
Q3 2024	DOW Dow Inc.	Dow Inc.	Sell - Position Exit	-18,097	-100.0%	$0.00	-
Q3 2024	DVDCF Campari	Campari	Buy	+26,250	+3.9%	$5.97M	703,377
Q3 2024	FMX Fomento Economico Mexicano S.A.	Fomento Economico Mexicano S.A.	Sell	-1,334	-26.8%	$359.40K	3,641
Q3 2024	FULT Fulton Financial Corporation	Fulton Financial Corporation	Sell	-33,077	-28.9%	$1.47M	81,228
Q3 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-215,910	-3.5%	$1.00B	5,993,946
Q3 2024	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+80	+0.4%	$3.39M	20,436
Q3 2024	HKHHF Heineken Holding	Heineken Holding	Buy	+180,125	+2.3%	$617.64M	8,162,463

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