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Focused investors/Thomas Russo

Thomas Russo - Gardner Russo & Quinn

As of Q2 2026, Thomas Russo reported 85 long-equity positions worth $8.93B in aggregate.

Copy-investor backtest

Latest quarter
+2.96%
1-year
+9.55%
3-year
+40.37%
5-year
+44.31%
3-year vs S&P 500
-33.64%
5-year vs S&P 500
-29.91%
5-year top 5
+49.65%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 61 of 104 rows. Rows without a quote are marked unavailable.

1NSRGYNestle SA-Spons ADR9.57%Reduce -0.0%16,090,733$1.35B$84.01No quote
2MAMastercard Inc Cl A9.50%Reduce -0.6%9,501,788$1.34B$141.20No quote
3BRK/ABerkshire Hathaway Inc Cl ACUSIP 0846701089.36%Reduce -0.4%4,815$1.32BNo quoteNo quote
4PMPhilip Morris International In8.01%Add +0.0%10,190,340$1.13B$111.01No quote
5CFRHFCompagnie Financiere Richemont7.69%Add +0.2%11,871,712$1.09B$91.46No quote
6HKHHFHeineken Holding NV7.30%Reduce -0.7%10,980,972$1.03B$93.98No quote
7UNUnilever NV ADR6.28%Reduce -0.4%15,026,289$887.15MNo quoteNo quote
8PDRDFPernod Ricard6.14%Reduce -0.0%6,270,809$867.73M$138.38No quote
9BUDFFAnheuser-Busch InBev SA5.99%Add +0.5%7,063,655$845.92M$119.76No quote
10WFCWells Fargo4.96%Add +0.4%12,704,228$700.64M$55.15No quote
11BRK/BBerkshire Hathaway Inc Cl BCUSIP 0846707023.27%Add +0.3%2,518,342$461.66MNo quoteNo quote
12SWGAFThe Swatch Group AG-BR3.16%Add +3.1%1,073,987$447.09MNo quoteNo quote
13MLMMartin Marietta Materials2.97%Add +15.2%2,034,151$419.5M$206.23No quote
14MOAltria Group Inc2.55%Add +6.3%5,683,852$360.47M$63.42No quote
15-British American Tobacco PLCCUSIP G1510J1022.35%Add +4.4%5,295,611$331.94MNo quoteNo quote
16DGEAFDiageo PLC2.13%Reduce -0.3%9,126,500$300.36M$32.91No quote
17JCDXFJC Decaux SA ACT2.06%Add +8.4%7,777,411$291.28MNo quoteNo quote
18CMCSAComcast Corp New Cl A1.95%Add +1.1%7,160,960$275.55M$38.48No quote
19BF/ABrown-Forman Corp Cl ACUSIP 1156371001.75%Reduce -1.2%4,441,151$247.33MNo quoteNo quote
20BF/BBrown-Forman Corp Cl BCUSIP 1156372090.59%Add +5.5%1,528,826$83.02MNo quoteNo quote
21DEODiageo PLC Sponsored ADR0.43%Reduce -2.2%461,365$60.96M$132.13No quote
22VVisa Inc Cl A0.42%Add +0.9%567,051$59.68M$105.24No quote
23AXPAmerican Express0.11%Add +0.3%165,351$14.96M$90.46No quote
24XOMExxon Mobil Corp0.09%Reduce -0.5%160,552$13.16M$81.98No quote
25FMXFomento Economico Mex Sp ADR0.09%Reduce -0.1%133,775$12.78M$95.53No quote
26SNIScripps Networks Interactive C0.09%Reduce -87.2%147,901$12.7MNo quoteNo quote
27DANOYDanone ADR0.09%Add +0.6%795,070$12.48MNo quoteNo quote
28MKLMarkel Corp0.08%Reduce -1.8%10,908$11.65M$1068.02No quote
29CRCrane0.08%Reduce -1.1%133,123$10.65M$79.99No quote
30SWMASwedish Match AB0.07%Reduce -0.5%275,838$9.66MNo quoteNo quote
31OUTOutfront Media Inc0.06%Add +4.9%325,815$8.2M$25.18No quote
32KOCoca-Cola0.05%Reduce -2.8%164,777$7.42M$45.01No quote
33MLKNHerman Miller Inc0.05%Reduce -0.1%205,416$7.37M$35.90No quote
34UNKNOWNAnheuser-Busch InBev SA Restri0.04%-51,983$6.23MNo quoteNo quote
35PGProcter & Gamble0.04%Reduce -3.3%62,267$5.67M$90.98No quote
36HRLHormel Foods Corp0.04%Add +2.2%159,273$5.12M$32.14No quote
37HINKFHeineken NV0.03%-49,688$4.91M$98.90No quote
38DOVDover Corp0.03%Reduce -3.2%53,666$4.91M$91.40No quote
39PEPPepsico Inc0.03%Reduce -0.1%35,200$3.92M$111.42No quote
40MSFTMicrosoft Corp0.03%-49,400$3.68M$74.49No quote
41MKCMcCormick Inc0.02%Reduce -0.3%33,655$3.45M$102.63No quote
42NSRGFNestle SA-REG0.02%-41,000$3.44M$83.80No quote
43DWDPDowDupont Inc0.02%New48,139$3.33MNo quoteNo quote
44RDSARoyal Dutch Shell PLC ADR A0.02%-53,825$3.26MNo quoteNo quote
45PNCPNC Bank Corp0.02%-22,890$3.09M$134.78No quote
46CVXChevron Corp0.02%Reduce -6.2%24,256$2.85M$117.50No quote
47BICEFBIC0.02%Add +5.2%21,680$2.6MNo quoteNo quote
48GOOGAlphabet Inc Cl C0.02%Add +7.9%2,665$2.56M$959.10No quote
49RBGPFReckitt Benckiser Group PLC0.02%Reduce -0.6%26,217$2.4MNo quoteNo quote
50UNAUnilever NV0.02%-39,000$2.31MNo quoteNo quote
51CFRUYCIE Financiere Richemont-Unsp0.02%Add +2.7%244,140$2.23MNo quoteNo quote
52FULTFulton Finl Corp0.02%Add +38.0%117,072$2.2M$18.75No quote
53HEINYHeineken NV Spons ADR0.01%Reduce -5.0%41,957$2.08MNo quoteNo quote
54GOOGLAlphabet Inc Cl A0.01%Reduce -0.2%2,097$2.04M$973.77No quote
55EVFEaton Vance Sr Income TR SF0.01%Add +0.7%287,323$1.9MNo quoteNo quote
56COCXFLindt & Spruengli AG - Reg0.01%-27$1.87M$69407.41No quote
57PDRDYPernod-Ricard SA-Unspon ADR0.01%Add +1.6%65,650$1.82MNo quoteNo quote
58KHCKraft Heinz Co0.01%-22,535$1.75M$77.57No quote
59ABBVAbbVie Inc0.01%Add +9.9%17,800$1.58M$88.88No quote
60BBTBB&T Corp0.01%Add +13.9%26,967$1.27MNo quoteNo quote
61BACBank Amer Corp0.01%Reduce -4.3%46,975$1.19M$25.33No quote
62IBMI B M0.01%Reduce -8.4%8,184$1.19M$145.04No quote
63VMCVulcan Materials0.01%Add +9.6%9,845$1.18M$119.55No quote
64LRLCFLoreal SA0.01%Reduce -1.4%5,150$1.1M$212.62No quote
65PARGPargesa Holding AG - B0.01%-13,026$1.08MNo quoteNo quote
66SWGAYThe Swatch Group AG ADR0.01%Add +4.1%43,635$908KNo quoteNo quote
67ABTAbbott Labs0.01%Reduce -0.6%16,500$880K$53.33No quote
68COSTCostco Whsl Corp0.01%Reduce -19.9%5,318$874K$164.35No quote
69LAMRLamar Advertising Co-A0.01%Reduce -5.7%12,490$856K$68.53No quote
70NLSNNielsen Holdings PLC ORD0.01%-19,341$802KNo quoteNo quote
71BTIBritish Amern Tob PLC ADR0.01%Add +3.7%12,572$785K$62.44No quote
72-A P Moller-Maersk A/SCUSIP K0514G1350.01%-425$781KNo quoteNo quote
73COTYCoty Inc-CL A0.01%Reduce -3.9%42,474$702K$16.53No quote
74WMTWal Mart Stores Inc0.00%Reduce -30.0%7,009$548K$78.19No quote
75MCDMcDonalds Corp0.00%-3,380$530K$156.80No quote
76DISDisney Walt Productions0.00%-4,703$464K$98.66No quote
77PXDPioneer Nat Res0.00%-2,700$398KNo quoteNo quote
78AIGAmerican Intl Group Inc0.00%Reduce -4.4%5,735$352K$61.38No quote
79CCChemours Co0.00%-6,779$343KNo quoteNo quote
80MMM3M Company0.00%-1,525$320K$209.84No quote
81BUDAnheuser-Busch InBev ADR0.00%Reduce -30.7%2,665$318K$119.32No quote
82SLBSchlumberger LTD0.00%-4,390$306K$69.70No quote
83-Roche Holding AGCUSIP 0012032040.00%-1,179$301KNo quoteNo quote
84MONMonsanto0.00%-2,425$291KNo quoteNo quote
85UNPUnion Pac Corp0.00%-2,410$279K$115.77No quote
86-Groupe DanoneCUSIP F120331340.00%Reduce -8.4%3,275$257KNo quoteNo quote
87ORLYO Reilly Automotive Inc0.00%-1,100$237K$215.45No quote
88SSDOFShiseido Co Ltd0.00%-5,800$232KNo quoteNo quote
89UNMUnum Group0.00%-4,500$230K$51.11No quote
90CSFLCenterstate BKS FLA Inc0.00%-8,504$228KNo quoteNo quote
91COPConocophillips0.00%Reduce -10.2%4,388$220K$50.14No quote
93PSXPhillips 660.00%New2,270$208K$91.63No quote
92ORCLOracle Corp0.00%-4,300$208K$48.37No quote
94PHJMFHanjaya Mandala Sampoerna0.00%-687,500$197K$0.29No quote
95CIRCir SPA0.00%-125,000$193KNo quoteNo quote
96BOIVFBollore0.00%-30,000$150KNo quoteNo quote
97LTGLT Group Inc0.00%Add +133.3%350,000$121KNo quoteNo quote
98-Indivior PLCCUSIP G4766E1080.00%Reduce -0.8%23,837$109KNo quoteNo quote
99-PZ Cussons PLCCUSIP G6850S1090.00%-15,000$64KNo quoteNo quote
101DDDu Pont E I De Nemours-Sold0$0No quoteNo quote
100YAlleghany Corp-Sold0$0No quoteNo quote

Other instruments

Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.

1JPMWSJP Morgan Chase & Co WTS Exp 1WTSOTHER67,800$3.67M
2MTBWSM&T Bank Corp Wts Exp 12/23/1WTSOTHER34,930$2.99M
3WFCWSWells Fargo WTS Exp 10/28/18WTSOTHER134,895$2.91M