13F filing recap · Q1 2016

What did Gardner Russo & Quinn buy in Q1 2016?

Reported stock-position changes between this filing and the previous one.

Stock value

$11.83B

Positions

107

Estimated turnover

3.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

KHCKraft Heinz Co$1.65Mreported value+20.9K shares ORLYO Reilly Automotive Inc$367.0Kreported value+1.3K shares MATMattel Inc /de/$223.0Kreported value+6.6K shares PSXPhillips 66$210.0Kreported value+2.4K shares ORCLOracle Corporation$205.0Kreported value+5.0K shares

Increased positions

MAMastercard Inc$919.06Mreported value+24.2K shares+0.2%BUDAnheuser-Busch Inbev Sa/nv$810.61Mreported value+45.7K shares+0.7%CFRCompagnie Financière Richemont SA$754.96Mreported value+1.23M shares+12.1%RIPernod Ricard SA$660.71Mreported value+156.1K shares

Reduced positions

NSRGYNestle SA$1.19Breported value-53.5K shares-0.3%BRK.ABerkshire Hathaway Inc$1.07Breported value-42 shares-0.8%PMPhilip Morris International Inc.$1.03Breported value-54.1K shares-0.5%HKHHYHeineken Holding N V$846.37Mreported value-40.0K shares

Exited positions

PCPPrecision Castparts Corp$788.0Kprior reported value-3.4K shares-100.0%SPBSpectrum Brands Holdings, Inc.$204.0Kprior reported value-2.0K shares-100.0%SBSNFVend Marketplaces Asa (fka Schibsted Asa)$204.0Kprior reported value-6.2K shares-100.0%