GARDNER RUSSO & GARDNER LLC

Q2 2020 13F-HR Holdings

Location
Lancaster, PA
Holdings as of
6/30/2020
Date filed
8/14/2020
Form type
13F-HR
Num holdings
86
Total value ($000)
$9,842,774
Net value change ($000)
-48,076 (-0.5%)
New positions
8
Sold out positions
6
Turnover %
2.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2020
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MA 154,933 10.7%
GOOGL 136,872 29.9%
UNILEVER N V 41,780 6.9%
Compagnie Financiere Richemont 37,711 8.2%
Pernod Ricard 20,726 3.1%
Heineken Holding NV 16,733 2.5%
V 10,980 13.3%
MLM 10,867 3.5%
BF-A 9,102 4.8%
CMCSA 8,913 4.6%
Top Reduces (Value $000, Stocks/ETFs)
The Swatch Group AG-BR -203,140 -100.0%
JC Decaux SA ACT -110,027 -99.0%
BRK-B -61,589 -6.0%
Anheuser-Busch InBev SA -55,283 -15.8%
PM -45,032 -7.2%
BRK-B -24,508 -6.3%
DIAGEO PLC -10,283 -6.1%
JPM -4,755 -1.4%
Davide Campari-Milano SPA -2,477 -100.0%
WFC -2,108 -4.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type