Thomas Russo Gardner Russo & Quinn
Thomas Russo is a partner at Gardner Russo & Quinn and one of the best-known global value investors focused on consumer franchises. He is closely associated with long-term ownership of branded businesses that can reinvest abroad, often summarized as capacity to suffer and capacity to reinvest. Russo’s talks and holdings are staples in global quality-value circles.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$854M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$807M |
| 3 |
Mastercard
MA
|
+$544M |
| 4 |
Wells Fargo
WFC
|
+$527M |
| 5 |
AB InBev
BUD
|
+$436M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.26% |
| 2 | Consumer Staples | 25.38% |
| 3 | Materials | 2.06% |
| 4 | Communication Services | 1.13% |
| 5 | Industrials | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Dominion Energy
D
$58.6B
| $206K | ﹤0.01% |
+3,632
| New | +$213K |
|
77
Heartland Express
HTLD
$993M
| $204K | ﹤0.01% |
+14,699
| New | +$202K |
|
Similar funds
Thomas Russo's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Thomas Russo, which disclosed 115 positions worth $8.58B. Its ten largest holdings account for 71% of the portfolio.
Its largest position is Philip Morris: 9,191,748 shares worth $796M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, followed by Consumer Staples and Materials.
- Thomas Russo's largest Q2 2013 buy was Philip Morris: 9,191,748 shares worth $796M.
- Thomas Russo's ten largest holdings make up 71% of its $8.58B portfolio in Q2 2013.
- Thomas Russo disclosed 115 positions in Q2 2013, its first 13F filing on record.
Based on Gardner Russo & Quinn's 13F filing for Q2 2013, filed 13 Aug 2013.