13F filing recap · Q1 2026

What did Gardner Russo & Quinn buy in Q1 2026?

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

Stock value

$8.50B

Positions

Estimated turnover

17.1%

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.

Quarter in review

Gardner Russo & Quinn opened new positions in Sunbelt Rentals Holdings, Eurofins Scientific, and Merck, while exiting Hyatt Hotels, IBM, PNC Financial Services, Diageo, and Ashtead Group. The firm trimmed Alphabet, Visa, Anheuser-Busch Inbev, Markel Group, and Crane Company, and substantially reduced JPMorgan Chase and American Express. It added to Netflix, Uber, DoorDash, and Union Pacific, and sharply increased Konecranes and Rational Aktiengesellschaft.

New positions

SUNBSunbelt Rentals Holdings, Inc.$393.74Mreported value+6.05M shares ERFEurofins Scientific SE$223.55Mreported value+3.10M shares SUNBSunbelt Rentals Holdings, Inc.$1.14Mreported value+18.2K shares MRKMerck & Co., Inc.$257.5Kreported value+2.1K shares

Increased positions

NFLXNetflix, Inc.$539.47Mreported value+605.9K shares+12.1%UBERUber Technologies, Inc.$372.12Mreported value+28.3K shares+0.6%DASHDoordash, Inc.$150.33Mreported value+70.7K shares+7.6%XOMExxon Mobil Corp.$32.91Mreported value+917 shares

Reduced positions

BRK.ABerkshire Hathaway Inc$1.05Breported value-28 shares-1.9%GOOGAlphabet Inc.$961.08Mreported value-580.9K shares-14.8%MAMastercard Inc$777.04Mreported value-30.9K shares-1.9%PMPhilip Morris International Inc.$761.40Mreported value-92.4K shares

Exited positions

AHTAshtead Group Plc$418.10Mprior reported value-6.11M shares-100.0%DGEDiageo Plc$2.80Mprior reported value-129.8K shares-100.0%HHyatt Hotels Corp$1.39Mprior reported value-8.7K shares-100.0%PNCThe Pnc Financial Services Group, Inc.$782.7Kprior reported value-3.8K shares