Thomas Russo Portfolio Changes: June 2026 Analysis
This quarter, Thomas Russo's holdings at Gardner Russo & Quinn showed significant shifts in several stocks including notable decreases for GOOG and BRK-A, alongside substantial increases for DASH.
As of the end of June 2026, investor Thomas Russo managed a portfolio valued at approximately $8.45 billion through his firm Gardner Russo & Quinn.
The top holdings by weight in this period were dominated by Alphabet Inc Cl C (GOOG) and Berkshire Hathaway Inc Cl A (BRK-A), each representing over 12% of the total value, followed closely by Philip Morris International (PM) at nearly 9.2%. These allocations highlight a focus on large-cap entities within Financial Services and Communication Services sectors.
Turning to sector-wise analysis, the portfolio maintained strong positions in Financial Services (28.94%), Consumer Defensive (17.12%), and Communication Services (20.85%). Basic Materials accounted for 4.84%, Technology for 4.38%, with smaller allocations noted across other sectors.
Several holdings saw significant changes during the quarter, reflecting strategic adjustments by Mr. Russo. Notably, Doordash Inc Cl A (DASH) experienced a substantial increase in shares held (+18.47%), while Eurofins Scientific (L31839134) also showed strong buying activity with a 32.22% share increase.
On the selling side, significant exits occurred for several major holdings. Netflix Inc (NFLX), Mastercard Inc Cl A (MA), and Nestle SA Sponsored ADR (NSRGY) all saw substantial reductions in their portfolio weightings (-1.61%, -2.11%, -3.04% respectively). Furthermore, J.P. Morgan Chase (JPM) was completely exited from the portfolio.
Overall, Mr. Russo's portfolio demonstrated considerable turnover this quarter with 48 holdings changed out of a total holding count of 76 stocks. While there were notable purchases like DASH and L31839134 (Eurofins Scientific), significant sales also impacted the allocations in key sectors.