13F filing recap · Q2 2019

What did Gardner Russo & Quinn buy in Q2 2019?

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

Stock value

$13.15B

Positions

Estimated turnover

4.7%

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

ULUnilever Plc$2.38Mreported value+39.0K shares DDDupont De Nemours, Inc.$1.15Mreported value+15.3K shares DOWDow Inc.$751.0Kreported value+15.2K shares CTVACorteva, Inc.$453.0Kreported value+15.3K shares BUDAnheuser-Busch Inbev Sa/nv$371.0Kreported value+4.2K shares SWMAYSwedish Match Ab (publ)$352.0Kreported value+16.6K shares LVMHFLvmh Moët Hennessy Louis Vuitton SE$269.0Kreported value+630 shares YAlleghany Corporation$221.0Kreported value+324 shares

Increased positions

GOOGAlphabet Inc.$211.35Mreported value+102.2K shares+109.5%VMCVulcan Materials Company$7.63Mreported value+1.4K shares+2.6%NESNNestlé S.a.$4.38Mreported value+1.2K shares+2.9%GOOGLAlphabet Inc.$2.00Mreported value+14 shares

Reduced positions

MAMastercard Inc$1.83Breported value-521.7K shares-7.0%NSRGYNestle SA$1.38Breported value-462.3K shares-3.3%BRK.ABerkshire Hathaway Inc$1.27Breported value-96 shares-2.3%HKHHYHeineken Holding N V$985.25Mreported value-289.4K shares

Exited positions

DWDPDowdupont Inc$2.49Mprior reported value-46.7K shares-100.0%ULUnilever Plc$2.27Mprior reported value-39.1K shares-100.0%CCChemours Co$238.0Kprior reported value-6.4K shares-100.0%MMM3m Company$237.0Kprior reported value-1.1K shares