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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 59 of 94 rows. Rows without a quote are marked unavailable.

1MAMastercard Inc Cl A14.60%Reduce -6.3%5,977,556$1.44B$241.5652w: $199.99 - $347.25; reported $241.56
2NSRGYNestle SA-Spons ADR12.87%Reduce -3.2%12,356,351$1.27B$102.9952w: $88.00 - $112.65; reported $102.99
3BRK/ABerkshire Hathaway Inc Cl ACUSIP 08467010810.39%Reduce -1.9%3,777$1.03BNo quoteNo quote
4HKHHFHeineken Holding NV6.85%Reduce -1.7%8,841,859$677.67M$76.6452w: $65.60 - $104.65; reported $76.64
5PDRDFPernod Ricard6.83%Reduce -1.8%4,758,762$675.93M$142.0452w: $126.00 - $190.25; reported $142.04
6PMPhilip Morris International In6.30%Reduce -3.7%8,539,626$623.05M$72.9652w: $56.01 - $90.17; reported $72.96
7UNUnilever NV ADR6.08%Reduce -0.4%12,329,991$601.58MNo quoteNo quote
8CFRHFCompagnie Financiere Richemont4.63%Reduce -17.8%8,353,276$458.09M$54.8452w: $48.70 - $84.45; reported $54.84
9GOOGAlphabet Inc Cl C4.63%Add +25.9%393,781$457.89M$1162.8152w: $50.68 - $76.61; reported $1162.81
10BRK/BBerkshire Hathaway Inc Cl BCUSIP 0846707023.93%Reduce -3.7%2,125,097$388.53MNo quoteNo quote
11BUDFFAnheuser-Busch InBev SA3.54%Add +4.2%7,889,553$350.34M$44.4152w: $31.25 - $83.19; reported $44.41
12JPMJ.P. Morgan Chase3.49%Add +36846.4%3,833,929$345.17M$90.0352w: $76.91 - $141.10; reported $90.03
13MLMMartin Marietta Materials3.16%Reduce -2.2%1,649,816$312.2M$189.2352w: $135.08 - $281.82; reported $189.23
14SWGAFThe Swatch Group AG-BR2.05%Reduce -2.7%1,016,018$203.14MNo quoteNo quote
15CMCSAComcast Corp New Cl A1.95%Reduce -2.9%5,611,373$192.92M$34.3852w: $29.72 - $44.74; reported $34.38
16BF/ABrown-Forman Corp Cl ACUSIP 1156371001.91%Reduce -1.5%3,684,298$189.3MNo quoteNo quote
17DGEAFDiageo PLC1.72%Reduce -2.5%5,292,972$169.75M$32.0752w: $24.55 - $42.66; reported $32.07
18JCDXFJC Decaux SA ACT1.12%Reduce -3.3%6,139,123$111.15MNo quoteNo quote
19BF/BBrown-Forman Corp Cl BCUSIP 1156372090.92%Reduce -5.1%1,633,483$90.68MNo quoteNo quote
20VVisa Inc Cl A0.84%Add +3.7%513,113$82.67M$161.1252w: $133.93 - $214.17; reported $161.12
21WFCWells Fargo0.43%Reduce -88.2%1,496,776$42.96M$28.7052w: $25.11 - $54.04; reported $28.70
22DEODiageo PLC Sponsored ADR0.29%Reduce -2.1%227,406$28.91M$127.1252w: $100.52 - $171.29; reported $127.12
23MOAltria Group Inc0.15%Reduce -83.2%374,042$14.46M$38.6752w: $30.95 - $51.78; reported $38.67
24SWMASwedish Match AB0.11%Reduce -7.0%182,180$10.44MNo quoteNo quote
25AXPAmerican Express0.11%Reduce -7.8%121,643$10.41M$85.6152w: $67.00 - $138.13; reported $85.61
26VMCVulcan Materials0.08%Add +25.7%71,204$7.7M$108.0752w: $65.56 - $149.05; reported $108.07
27MKLMarkel Corp0.07%Reduce -1.3%7,427$6.89M$927.8352w: $710.52 - $1347.64; reported $927.83
28HRLHormel Foods Corp0.07%Reduce -3.1%146,074$6.81M$46.6452w: $39.01 - $51.53; reported $46.64
29XOMExxon Mobil Corp0.06%Add +0.0%146,081$5.55M$37.9752w: $30.11 - $71.37; reported $37.97
30FMXFomento Economico Mex Sp ADR0.05%Reduce -21.9%83,376$5.05M$60.5152w: $56.54 - $98.05; reported $60.51
31CRCrane0.05%Reduce -0.8%95,768$4.71M$49.18No quote
32OUTOutfront Media Inc0.05%Add +9.7%347,682$4.69M$13.4852w: $7.24 - $31.97; reported $13.48
33NSRGFNestle SA-REG0.04%-42,250$4.34M$102.7952w: $84.20 - $112.96; reported $102.79
34PGProcter & Gamble0.04%Reduce -1.2%37,563$4.13M$110.0052w: $94.34 - $128.09; reported $110.00
35DANOYDanone ADR0.04%Reduce -10.6%299,150$3.85MNo quoteNo quote
36MKCMcCormick Inc0.04%Reduce -5.4%27,146$3.83M$141.2052w: $56.12 - $87.29; reported $141.20
37MLKNHerman Miller Inc0.04%Reduce -1.5%163,981$3.64M$22.2052w: $14.39 - $42.26; reported $22.20
38KOCoca-Cola0.04%Reduce -20.6%79,607$3.52M$44.2552w: $36.27 - $60.13; reported $44.25
39DOVDover Corp0.03%Reduce -2.4%41,065$3.45M$83.9452w: $62.95 - $120.26; reported $83.94
40HINKFHeineken NV0.03%-40,588$3.39M$83.5752w: $72.90 - $112.88; reported $83.57
41PEPPepsico Inc0.03%Reduce -2.5%23,474$2.82M$120.0952w: $101.42 - $147.20; reported $120.09
42CPRDavide Campari-Milano SPA0.03%Add +425.2%344,615$2.48MNo quoteNo quote
43UNKNOWNAnheuser-Busch InBev SA Restri0.02%-49,357$2.19MNo quoteNo quote
44COCXFLindt & Spruengli AG - Reg0.02%Reduce -3.9%25$2.18M$87240.0052w: $82830.88 - $82830.88; reported $87240.00
45GOOGLAlphabet Inc Cl A0.02%Reduce -3.9%1,748$2.03M$1161.9052w: $50.44 - $76.54; reported $1161.90
46UNAUnilever NV0.02%-39,000$1.92MNo quoteNo quote
47PNCPNC Bank Corp0.02%-16,988$1.63M$95.7152w: $79.41 - $161.25; reported $95.71
48LRLCFLoreal SA0.02%Add +17.8%5,798$1.52M$262.1652w: $216.46 - $307.20; reported $262.16
49EVFEaton Vance Sr Income TR SF0.01%Add +4.9%315,110$1.45MNo quoteNo quote
50COSTCostco Whsl Corp0.01%Reduce -2.6%5,029$1.43M$285.1552w: $271.28 - $325.26; reported $285.15
51FULTFulton Finl Corp0.01%-117,274$1.35M$11.4952w: $10.07 - $17.62; reported $11.49
52PDRDYPernod-Ricard SA-Unspon ADR0.01%Add +20.1%44,490$1.26MNo quoteNo quote
53HEINYHeineken NV Spons ADR0.01%Add +5.3%30,152$1.26MNo quoteNo quote
54RBGPFReckitt Benckiser Group PLC0.01%Reduce -24.1%14,550$1.11MNo quoteNo quote
55LVMHFLVMH Moet Hennessy Louis Vuitt0.01%Add +418.2%2,819$1.05MNo quoteNo quote
56BACBank Amer Corp0.01%-48,975$1.04M$21.2452w: $17.95 - $35.67; reported $21.24
57RDSARoyal Dutch Shell PLC ADR A0.01%Reduce -1.7%29,466$1.03MNo quoteNo quote
58ABBVAbbVie Inc0.01%Reduce -2.3%12,510$953K$76.1852w: $62.55 - $97.86; reported $76.18
59ABTAbbott Labs0.01%Reduce -2.5%11,810$932K$78.9252w: $61.61 - $92.45; reported $78.92
60CFRUYCIE Financiere Richemont-Unsp0.01%Reduce -8.3%146,710$805KNo quoteNo quote
61CVXChevron Corp0.01%Reduce -9.3%7,848$569K$72.5052w: $51.60 - $122.72; reported $72.50
62MSFTMicrosoft Corp0.01%Reduce -2.7%3,595$567K$157.7252w: $132.52 - $190.70; reported $157.72
63DDDupont De Nemours Inc0.01%Add +7.9%16,333$557K$34.1052w: $11.85 - $27.26; reported $34.10
64WMTWal Mart Stores Inc0.01%Reduce -2.6%4,730$537K$113.5352w: $34.00 - $42.69; reported $113.53
65AAPLApple Computer Inc0.01%Add +2.0%2,035$517K$254.0552w: $53.15 - $81.96; reported $254.05
66MTBM & T Bk Corp0.00%Add +1.1%4,411$456K$103.3852w: $87.64 - $174.00; reported $103.38
67DOWDow Inc0.00%Add +2.3%15,530$454K$29.2352w: $21.95 - $55.54; reported $29.23
68LAMRLamar Advertising Co-A0.00%-8,125$417K$51.3252w: $30.89 - $96.82; reported $51.32
69DISDisney Walt Productions0.00%-4,303$416K$96.6852w: $79.07 - $148.20; reported $96.68
70MCDMcDonalds Corp0.00%Reduce -21.0%2,345$388K$165.4652w: $124.23 - $218.39; reported $165.46
71SWGAYThe Swatch Group AG ADR0.00%Reduce -9.3%34,315$343KNo quoteNo quote
72CTVACorteva Inc0.00%Add +10.2%14,312$336K$23.4852w: $20.38 - $32.08; reported $23.48
73TFCTruist Financial Corp0.00%Add +0.5%10,341$319K$30.8552w: $24.01 - $56.68; reported $30.85
74ORLYO Reilly Automotive Inc0.00%-1,000$301K$301.0052w: $16.77 - $29.79; reported $301.00
75PARGPargesa Holding AG - B0.00%Reduce -66.8%3,826$254KNo quoteNo quote
76LTGLT Group Inc0.00%Add +22.0%1,525,000$249KNo quoteNo quote
77UNPUnion Pac Corp0.00%Reduce -1.6%1,535$216K$140.7252w: $105.08 - $188.96; reported $140.72
78MRKMerck Inc0.00%-2,751$212K$77.0652w: $62.26 - $87.92; reported $77.06
79RHHVFRoche Holding AG0.00%-635$206KNo quoteNo quote
80COFCir SPA0.00%New251,250$115K$0.4652w: $38.00 - $107.59; reported $0.46
81PHJMFHanjaya Mandala Sampoerna0.00%Add +45.5%1,000,000$87K$0.0952w: $0.07 - $0.18; reported $0.09
82COTYCoty Inc-CL A0.00%Reduce -6.3%13,297$69K$5.1952w: $3.02 - $13.01; reported $5.19
83BOIVFBollore0.00%-13,500$37KNo quoteNo quote
93USBUS Bancorp-Sold0$0No quoteNo quote
92SWMAYSwedish Match AB Unspon ADR-Sold0$0No quoteNo quote
91SSDOFShiseido Co Ltd-Sold0$0No quoteNo quote
90PXDPioneer Nat Res-Sold0$0No quoteNo quote
89ORCLOracle Corp-Sold0$0No quoteNo quote
88DHRDanaher Corp-Sold0$0No quoteNo quote
87CIRCir SPA-Sold0$0No quoteNo quote
86BICEFBIC-Sold0$0No quoteNo quote
85AIGAmerican Intl Group Inc-Sold0$0No quoteNo quote
84YAlleghany Corp-Sold0$0No quoteNo quote

Other instruments

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

1TWNKWHostess Brands Inc Wts Exp 11/WTSOTHER250,000$143K