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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 65 of 89 rows. Rows without a quote are marked unavailable.

1MAMastercard Inc Cl A16.07%Reduce -9.5%4,891,460$1.65B$338.1752w: $199.99 - $367.25; reported $338.17
2NSRGYNestle SA-Spons ADR12.85%Reduce -3.9%11,084,028$1.32B$119.2552w: $88.00 - $122.63; reported $119.25
3BRK/ABerkshire Hathaway Inc Cl ACUSIP 08467010811.08%Reduce -1.4%3,563$1.14BNo quoteNo quote
4UNUnilever NV ADR6.85%Reduce -3.4%11,668,433$704.77MNo quoteNo quote
5PDRDFPernod Ricard6.61%Reduce -3.8%4,259,293$680.02M$159.6652w: $126.00 - $190.25; reported $159.66
6HKHHFHeineken Holding NV6.27%Reduce -2.4%8,285,690$645.64M$77.9252w: $65.60 - $104.65; reported $77.92
7GOOGAlphabet Inc Cl C6.21%Add +3.4%435,045$639.34M$1469.6052w: $50.68 - $86.66; reported $1469.60
8PMPhilip Morris International In6.01%Reduce -0.0%8,248,722$618.57M$74.9952w: $56.01 - $90.17; reported $74.99
9CFRHFCompagnie Financiere Richemont4.82%Reduce -5.0%7,384,381$495.91M$67.1652w: $48.70 - $84.45; reported $67.16
10BRK/BBerkshire Hathaway Inc Cl BCUSIP 0846707024.38%Add +3.8%2,116,145$450.61MNo quoteNo quote
11JPMJ.P. Morgan Chase3.53%Add +4.3%3,776,377$363.55M$96.2752w: $76.91 - $141.10; reported $96.27
12MLMMartin Marietta Materials3.43%Reduce -4.0%1,500,938$353.26M$235.3652w: $135.08 - $281.82; reported $235.36
13BUDFFAnheuser-Busch InBev SA3.22%Add +1.9%6,105,623$330.96M$54.2152w: $31.25 - $83.19; reported $54.21
14CMCSAComcast Corp New Cl A2.23%Reduce -4.4%4,950,823$229.03M$46.2652w: $29.72 - $44.74; reported $46.26
15BF/ABrown-Forman Corp Cl ACUSIP 1156371002.21%Reduce -4.1%3,306,343$227.08MNo quoteNo quote
16BF/BBrown-Forman Corp Cl BCUSIP 1156372090.97%Reduce -7.7%1,321,658$99.55MNo quoteNo quote
17VVisa Inc Cl A0.92%Reduce -2.5%472,931$94.57M$199.9752w: $133.93 - $217.35; reported $199.97
18WFCWells Fargo0.36%Reduce -0.8%1,583,309$37.22M$23.5152w: $22.00 - $54.04; reported $23.51
19DEODiageo PLC Sponsored ADR0.25%Reduce -14.4%190,486$26.22M$137.6652w: $100.52 - $171.29; reported $137.66
20MOAltria Group Inc0.14%Reduce -2.4%369,452$14.28M$38.6452w: $30.95 - $51.78; reported $38.64
21SWMASwedish Match AB0.12%Reduce -10.2%154,765$12.67MNo quoteNo quote
22ASHTFAshtead Group PLC0.12%Add +3728.5%334,995$12.13M$36.20No quote
23DVDCFDavide Campari-Milano NV0.09%Add +0.8%877,266$9.59M$10.9352w: $5.60 - $10.91; reported $10.93
24VMCVulcan Materials0.09%Reduce -0.6%66,279$8.98M$135.5352w: $65.56 - $149.05; reported $135.53
25AXPAmerican Express0.08%Reduce -28.4%79,893$8.01M$100.2552w: $67.00 - $138.13; reported $100.25
26HRLHormel Foods Corp0.07%Reduce -0.3%144,171$7.05M$48.8952w: $39.01 - $52.97; reported $48.89
27MKLMarkel Corp0.07%-7,127$6.94M$973.7652w: $710.52 - $1347.64; reported $973.76
28XOMExxon Mobil Corp0.06%Reduce -0.3%178,324$6.12M$34.3352w: $30.11 - $71.37; reported $34.33
29PGProcter & Gamble0.05%Reduce -0.2%39,129$5.44M$139.0052w: $94.34 - $141.70; reported $139.00
30MKCMcCormick Inc0.05%Reduce -0.2%26,771$5.2M$194.0952w: $56.12 - $105.53; reported $194.09
31NSRGFNestle SA-REG0.05%-42,250$5.03M$119.0152w: $84.20 - $124.25; reported $119.01
32CRCrane0.05%Reduce -3.3%92,618$4.64M$50.13No quote
33OUTOutfront Media Inc0.04%Reduce -1.0%315,591$4.59M$14.5552w: $7.24 - $31.97; reported $14.55
34MLKNHerman Miller Inc0.04%Reduce -8.9%142,772$4.31M$30.1652w: $14.39 - $42.26; reported $30.16
35DOVDover Corp0.04%Reduce -2.4%39,160$4.24M$108.3552w: $62.95 - $120.26; reported $108.35
36HINKFHeineken NV0.04%-40,588$3.61M$88.9952w: $72.90 - $112.88; reported $88.99
37UNPUnion Pac Corp0.03%Add +0.4%16,876$3.32M$196.8552w: $105.08 - $205.78; reported $196.85
38PEPPepsico Inc0.03%Reduce -0.1%23,662$3.28M$138.6252w: $101.42 - $147.20; reported $138.62
39UNKNOWNAnheuser-Busch InBev SA Restri0.03%-51,578$2.8MNo quoteNo quote
40UNAUnilever NV0.03%Add +18.6%46,250$2.79MNo quoteNo quote
41FMXFomento Economico Mex Sp ADR0.03%Reduce -4.3%48,332$2.72M$56.1952w: $53.01 - $98.05; reported $56.19
42KOCoca-Cola0.03%-52,672$2.6M$49.3652w: $36.27 - $60.13; reported $49.36
43DANOYDanone ADR0.02%Reduce -4.8%185,318$2.4MNo quoteNo quote
44COCXFLindt & Spruengli AG - Reg0.02%-25$2.23M$89240.0052w: $82830.88 - $85512.82; reported $89240.00
45LRLCFLoreal SA0.02%Reduce -3.7%6,571$2.14M$325.5252w: $216.46 - $351.23; reported $325.52
46GOOGLAlphabet Inc Cl A0.02%Reduce -8.8%1,334$1.96M$1465.5252w: $50.44 - $86.31; reported $1465.52
47COSTCostco Whsl Corp0.02%Reduce -0.5%5,393$1.91M$354.9052w: $271.28 - $363.67; reported $354.90
48PNCPNC Bank Corp0.02%-16,988$1.87M$109.9052w: $79.41 - $161.25; reported $109.90
49SWZSwiss Helvetia FD Inc0.02%New217,561$1.8M$8.2852w: $5.54 - $8.84; reported $8.28
50PDRDYPernod-Ricard SA-Unspon ADR0.02%Add +1.3%48,574$1.55MNo quoteNo quote
51HEINYHeineken NV Spons ADR0.01%Reduce -15.1%31,127$1.39MNo quoteNo quote
52RBGPFReckitt Benckiser Group PLC0.01%Reduce -2.0%13,480$1.32MNo quoteNo quote
53ABTAbbott Labs0.01%Add +1.4%11,975$1.3M$108.8152w: $61.61 - $114.20; reported $108.81
54CFRUYCompagnie Financiere Richemont0.01%Add +6.3%170,379$1.14MNo quoteNo quote
55DGEAFDiageo PLC0.01%Reduce -99.3%33,086$1.13M$34.2452w: $24.55 - $42.66; reported $34.24
56ABBVAbbVie Inc0.01%Add +0.1%12,610$1.11M$87.6352w: $62.55 - $101.28; reported $87.63
57FULTFulton Finl Corp0.01%Reduce -0.1%117,184$1.09M$9.3352w: $8.89 - $17.62; reported $9.33
58AAPLApple Computer Inc0.01%Add +11.2%4:1 split9,048$1.05M$115.8352w: $53.15 - $137.98; reported $115.83
59DDDupont De Nemours Inc0.01%Reduce -3.5%18,054$1M$55.5052w: $11.85 - $27.26; reported $55.50
60CABJFCarlsberg B A/S0.01%Add +19.4%6,996$943K$134.7952w: $93.00 - $155.04; reported $134.79
61DOWDow Inc0.01%Add +1.4%18,776$883K$47.0352w: $21.95 - $55.54; reported $47.03
62LVMHFLVMH Moet Hennessy Louis Vuitt0.01%Reduce -2.8%1,743$816KNo quoteNo quote
63MSFTMicrosoft Corp0.01%-3,445$725K$210.4552w: $132.52 - $232.86; reported $210.45
64JCDXFJC Decaux SA ACT0.01%Reduce -36.1%38,500$667KNo quoteNo quote
66DISDisney Walt Productions0.01%Add +1.8%5,203$646K$124.1652w: $79.07 - $148.20; reported $124.16
65CVXChevron Corp0.01%Reduce -1.5%8,970$646K$72.0252w: $51.60 - $122.72; reported $72.02
67WMTWal Mart Stores Inc0.01%-4,580$641K$139.9652w: $34.00 - $50.44; reported $139.96
68LAMRLamar Advertising Co-A0.01%-8,125$538K$66.2252w: $30.89 - $96.82; reported $66.22
69MCDMcDonalds Corp0.01%-2,345$515K$219.6252w: $124.23 - $226.72; reported $219.62
70GHCGraham Holdings Co0.00%Reduce -0.3%1,159$468K$403.8052w: $267.89 - $648.94; reported $403.80
71CTVACorteva Inc0.00%Add +0.4%15,780$455K$28.8352w: $20.38 - $32.08; reported $28.83
72MTBM & T Bk Corp0.00%Add +1.2%4,511$415K$92.0052w: $85.09 - $174.00; reported $92.00
73TFCTruist Financial Corp0.00%Add +0.6%10,463$398K$38.0452w: $24.01 - $56.68; reported $38.04
74MRKMerck Inc0.00%Add +0.2%3,935$326K$82.8552w: $62.26 - $87.92; reported $82.85
75CABOCable One Inc0.00%-168$317K$1886.9052w: $1031.39 - $2044.41; reported $1886.90
76DHRDanaher Corp0.00%-1,333$287K$215.3052w: $106.03 - $192.05; reported $215.30
77LTGLT Group Inc0.00%-1,525,000$283KNo quoteNo quote
78HKHHYHeineken Holding NV ADR0.00%New6,748$263KNo quoteNo quote
79ORCLOracle Corp0.00%-4,000$239K$59.7552w: $39.71 - $62.60; reported $59.75
80RDSARoyal Dutch Shell PLC ADR A0.00%Reduce -3.7%9,146$230KNo quoteNo quote
81PXDPioneer Nat Res0.00%-2,500$215KNo quoteNo quote
82NKENike Inc - Cl B0.00%New1,617$203K$125.5452w: $60.00 - $130.38; reported $125.54
83COFCir SPA0.00%-251,250$115K$0.4652w: $38.00 - $107.59; reported $0.46
84PHJMFHanjaya Mandala Sampoerna0.00%-1,000,000$94K$0.0952w: $0.07 - $0.18; reported $0.09
85BOIVFBollore0.00%-13,500$50KNo quoteNo quote
88RHHVFRoche Holding AG-Sold0$0No quoteNo quote
87EVFEaton Vance Sr Income TR SF-Sold0$0No quoteNo quote
86BACBank Amer 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/WTSOTHER215,000$176K