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 |
AB InBev
BUD
|
+$10.2M |
| 2 |
Visa
V
|
+$811K |
| 3 |
Vulcan Materials
VMC
|
+$597K |
| 4 |
Fomento Económico Mexicano
FMX
|
+$353K |
| 5 |
Apple
AAPL
|
+$242K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mastercard
MA
|
+$52.9M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$38.4M |
| 3 |
Unilever NV New York Registry Shares
UN
|
+$14.1M |
| 4 |
Wells Fargo
WFC
|
+$13.2M |
| 5 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$7.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 41.18% |
| 2 | Financials | 28.44% |
| 3 | Consumer Staples | 24.8% |
| 4 | Materials | 3.1% |
| 5 | Communication Services | 2.04% |
Similar funds
Thomas Russo's Q4 2017 Portfolio in Review
As of Q4 2017, Thomas Russo held 195 positions worth $14.5B, up 2.7% from $14.1B the previous quarter. Its ten largest holdings account for 74% of the portfolio.
Thomas Russo's Q4 2017 filing shows 94 new, 11 increased and 67 reduced positions. Its largest new stake was Apple: 5,800 shares worth $245K. The largest sale was Mastercard, an estimated $52.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 41% of assets, up from 41% a quarter earlier, followed by Financials and Consumer Staples.
- Thomas Russo's largest Q4 2017 buy was Apple: 5,800 shares worth $245K.
- Thomas Russo added most to AB InBev in Q4 2017, an estimated $10.2M increase.
- Thomas Russo's biggest Q4 2017 reduction was Mastercard, cutting an estimated $52.9M.
- Thomas Russo's ten largest holdings make up 74% of its $14.5B portfolio in Q4 2017.
- Thomas Russo opened 94 new positions and closed 0 in Q4 2017.
- Thomas Russo's portfolio value rose 2.7% quarter-over-quarter to $14.5B.
Based on Gardner Russo & Quinn's 13F filing for Q4 2017, filed 14 Feb 2018.