GARDNER RUSSO & QUINN LLC

PrivateCIK: 860643

Location

LANCASTER, PA

Positions

$8.50B

Total AUM (reported)

67.52M

Total Shares

Allocation by class

COM$8.50B100.0%

Portfolio Concentration

Top 3$2.79B32.8%

4–10$4.04B47.5%

11–25$1.60B18.8%

Rest$79.05M0.9%

Top 3 weight

32.8%

Top 10 weight

80.3%

Voting Authority Distribution

Total shares with voting rights: 67.52M

Sole

Full voting authority

65.64M

% of voting shares97.2%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.87M

% of voting shares2.8%

Investment Discretion (by position count)

Sole86

Shared0

Other0

Dominant voting typeSole · 97.2% of voting shares

Institutional Holdings86

Rows:

Berkshire Hathaway Inc Cl A

SOLE

COM

Shares1.46K

TypeSH

Market value$1.05B

12.34%

Sole

1.38K

Shared

0.00

None

85.00

Alphabet Inc Cl C

SOLE

COM

Shares3.35M

TypeSH

Market value$961.08M

11.31%

Sole

3.26M

Shared

0.00

None

93.92K

Mastercard Inc Cl A

SOLE

COM

Shares1.56M

TypeSH

Market value$777.04M

9.15%

Sole

1.49M

Shared

0.00

None

67.67K

Philip Morris International In

SOLE

COM

Shares4.61M

TypeSH

Market value$761.40M

8.96%

Sole

4.45M

Shared

0.00

None

156.58K

Heineken Holding NV

SOLE

COM

Shares9.10M

TypeSH

Market value$643.36M

7.57%

Sole

8.86M

Shared

0.00

None

246.21K

Compagnie Financiere Richemont

SOLE

COM

Shares3.45M

TypeSH

Market value$594.39M

7.00%

Sole

3.33M

Shared

0.00

None

118.37K

Nestle SA Sponsored ADR

SOLE

COM

Shares5.48M

TypeSH

Market value$543.24M

6.39%

Sole

5.29M

Shared

0.00

None

192.71K

Netflix Inc

SOLE

COM

Shares5.61M

TypeSH

Market value$539.47M

6.35%

Sole

5.47M

Shared

0.00

None

143.24K

Berkshire Hathaway Inc Cl B

SOLE

COM

Shares1.11M

TypeSH

Market value$532.12M

6.26%

Sole

1.07M

Shared

0.00

None

44.64K

Martin Marietta Materials

SOLE

COM

Shares715.41K

TypeSH

Market value$421.15M

4.96%

Sole

680.67K

Shared

0.00

None

34.74K

Sunbelt Rentals Holdings Inc

SOLE

COM

Shares6.05M

TypeSH

Market value$393.74M

4.63%

Sole

5.89M

Shared

0.00

None

163.90K

Uber Technologies Inc

SOLE

COM

Shares5.17M

TypeSH

Market value$372.12M

4.38%

Sole

5.02M

Shared

0.00

None

156.46K

Eurofins Scientific

SOLE

COM

Shares3.10M

TypeSH

Market value$223.55M

2.63%

Sole

3.01M

Shared

0.00

None

89.91K

Pernod Ricard

SOLE

COM

Shares2.48M

TypeSH

Market value$183.48M

2.16%

Sole

2.42M

Shared

0.00

None

58.45K

Doordash Inc Cl A

SOLE

COM

Shares1M

TypeSH

Market value$150.33M

1.77%

Sole

975.52K

Shared

0.00

None

25.68K

Comcast Corp New Cl A

SOLE

COM

Shares2.25M

TypeSH

Market value$64.69M

0.76%

Sole

2.16M

Shared

0.00

None

95.76K

Brown-Forman Corp Cl A

SOLE

COM

Shares1.65M

TypeSH

Market value$44.15M

0.52%

Sole

1.62M

Shared

0.00

None

30.41K

J.P. Morgan Chase

SOLE

COM

Shares148.80K

TypeSH

Market value$43.77M

0.52%

Sole

145.22K

Shared

0.00

None

3.58K

Exxon Mobil Corp

SOLE

COM

Shares193.95K

TypeSH

Market value$32.91M

0.39%

Sole

192.35K

Shared

0.00

None

1.60K

Visa Inc Cl A

SOLE

COM

Shares93.81K

TypeSH

Market value$28.35M

0.33%

Sole

84.66K

Shared

0.00

None

9.15K

Brown-Forman Corp Cl B

SOLE

COM

Shares659.69K

TypeSH

Market value$17.44M

0.21%

Sole

606.19K

Shared

0.00

None

53.51K

Anheuser-Busch InBev SA

SOLE

COM

Shares184.01K

TypeSH

Market value$12.66M

0.15%

Sole

172.25K

Shared

0.00

None

11.76K

Altria Group Inc

SOLE

COM

Shares164.46K

TypeSH

Market value$10.85M

0.13%

Sole

164.46K

Shared

0.00

None

0.00

Markel Corp

SOLE

COM

Shares4.95K

TypeSH

Market value$9.48M

0.11%

Sole

4.23K

Shared

0.00

None

725.00

Crane Company

SOLE

COM

Shares46.63K

TypeSH

Market value$7.97M

0.09%

Sole

42.92K

Shared

0.00

None

3.70K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Berkshire Hathaway Inc Cl ASOLE	COM	1.46K	SH	$1.05B 12.34%	1.38K	85.00
Alphabet Inc Cl CSOLE	COM	3.35M	SH	$961.08M 11.31%	3.26M	93.92K
Mastercard Inc Cl ASOLE	COM	1.56M	SH	$777.04M 9.15%	1.49M	67.67K
Philip Morris International InSOLE	COM	4.61M	SH	$761.40M 8.96%	4.45M	156.58K
Heineken Holding NVSOLE	COM	9.10M	SH	$643.36M 7.57%	8.86M	246.21K
Compagnie Financiere RichemontSOLE	COM	3.45M	SH	$594.39M 7.00%	3.33M	118.37K
Nestle SA Sponsored ADRSOLE	COM	5.48M	SH	$543.24M 6.39%	5.29M	192.71K
Netflix IncSOLE	COM	5.61M	SH	$539.47M 6.35%	5.47M	143.24K
Berkshire Hathaway Inc Cl BSOLE	COM	1.11M	SH	$532.12M 6.26%	1.07M	44.64K
Martin Marietta MaterialsSOLE	COM	715.41K	SH	$421.15M 4.96%	680.67K	34.74K
Sunbelt Rentals Holdings IncSOLE	COM	6.05M	SH	$393.74M 4.63%	5.89M	163.90K
Uber Technologies IncSOLE	COM	5.17M	SH	$372.12M 4.38%	5.02M	156.46K
Eurofins ScientificSOLE	COM	3.10M	SH	$223.55M 2.63%	3.01M	89.91K
Pernod RicardSOLE	COM	2.48M	SH	$183.48M 2.16%	2.42M	58.45K
Doordash Inc Cl ASOLE	COM	1M	SH	$150.33M 1.77%	975.52K	25.68K
Comcast Corp New Cl ASOLE	COM	2.25M	SH	$64.69M 0.76%	2.16M	95.76K
Brown-Forman Corp Cl ASOLE	COM	1.65M	SH	$44.15M 0.52%	1.62M	30.41K
J.P. Morgan ChaseSOLE	COM	148.80K	SH	$43.77M 0.52%	145.22K	3.58K
Exxon Mobil CorpSOLE	COM	193.95K	SH	$32.91M 0.39%	192.35K	1.60K
Visa Inc Cl ASOLE	COM	93.81K	SH	$28.35M 0.33%	84.66K	9.15K
Brown-Forman Corp Cl BSOLE	COM	659.69K	SH	$17.44M 0.21%	606.19K	53.51K
Anheuser-Busch InBev SASOLE	COM	184.01K	SH	$12.66M 0.15%	172.25K	11.76K
Altria Group IncSOLE	COM	164.46K	SH	$10.85M 0.13%	164.46K	0.00
Markel CorpSOLE	COM	4.95K	SH	$9.48M 0.11%	4.23K	725.00
Crane CompanySOLE	COM	46.63K	SH	$7.97M 0.09%	42.92K	3.70K

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