Fondamentix

Thomas Russo

Gardner Russo & Quinn. Portfolio reported in the 13F as of June 30, 2026.

$8.9B
reported value
85
positions
50.7%
in the top 5
-$198.6M
last quarter balance

How the portfolio is split

Weight of each sector on the reported value.

  • Communication Services
  • Consumer Defensive
  • Financial Services
  • Basic Materials
  • Technology
  • Other and unclassified
Q2 2026
17.2%
9.4%
9.3%
55.3%
Q1 2026
18.4%
9.2%
10.2%
52.8%
Q4 2025
19.1%
12.3%
50.8%
Q3 2025
19.6%
12.4%
50.0%

How much they buy and sell

Estimate of the money put in and taken out each quarter. The balance tells whether they are investing or cashing in.

  • Purchases
  • Sales
-$354.3M
Q3 2025
+$144.0M
Q4 2025
-$130.0M
Q1 2026
-$198.6M
Q2 2026

Positions over the last 4 quarters

Weight of each position in the portfolio. The last column estimates how much they bought or sold compared with the previous quarter.

CompanyBought / sold
  • Alphabet Inc.
    GOOG Communication Services
    -$106.8M
    -9.0%
    Q3 2025
    12.1%
    Q4 2025
    13.3%
    Q1 2026
    11.3%
    Q2 2026
    12.1%
  • Berkshire Hathaway Inc Cl A
    BRK/Anot in our list
    -$21.0M
    -1.9%
    Q3 2025
    12.5%
    Q4 2025
    12.1%
    Q1 2026
    12.3%
    Q2 2026
    12.0%
  • Philip Morris International Inc
    PM Consumer Defensive
    -$13.4M
    -1.6%
    Q3 2025
    8.1%
    Q4 2025
    8.1%
    Q1 2026
    9.0%
    Q2 2026
    9.2%
  • Mastercard Inc
    MA Financial Services
    -$16.8M
    -2.1%
    Q3 2025
    9.9%
    Q4 2025
    9.8%
    Q1 2026
    9.1%
    Q2 2026
    8.8%
  • Compagnie Financiere Richemont
    not in our list
    -$23.6M
    -3.0%
    Q3 2025
    7.4%
    Q4 2025
    8.2%
    Q1 2026
    7.0%
    Q2 2026
    8.7%
  • Heineken Holding NV
    not in our list
    -$14.9M
    -2.2%
    Q3 2025
    6.8%
    Q4 2025
    7.3%
    Q1 2026
    7.6%
    Q2 2026
    7.6%
  • Nestle SA Sponsored ADR
    NSRGYnot in our list
    -$17.1M
    -3.0%
    Q3 2025
    5.7%
    Q4 2025
    6.0%
    Q1 2026
    6.4%
    Q2 2026
    6.1%
  • Berkshire Hathaway Inc Cl B
    BRK/Bnot in our list
    -$15.5M
    -2.8%
    Q3 2025
    6.3%
    Q4 2025
    6.1%
    Q1 2026
    6.3%
    Q2 2026
    6.1%
  • Sunbelt Rentals Holdings Inc
    SUNBnot in our list
    -$11.3M
    -2.5%
    Q3 2025
    –
    Q4 2025
    –
    Q1 2026
    4.6%
    Q2 2026
    4.9%
  • Netflix, Inc.
    NFLX Communication Services
    +$7.1M
    +1.8%
    Q3 2025
    6.6%
    Q4 2025
    5.1%
    Q1 2026
    6.3%
    Q2 2026
    4.6%
  • Martin Marietta Materials Inc
    MLM Basic Materials
    -$5.8M
    -1.4%
    Q3 2025
    4.6%
    Q4 2025
    4.9%
    Q1 2026
    5.0%
    Q2 2026
    4.6%
  • Uber Technologies Inc
    UBER Technology
    -$6.5M
    -1.7%
    Q3 2025
    4.9%
    Q4 2025
    4.5%
    Q1 2026
    4.4%
    Q2 2026
    4.1%
  • Eurofins Scientific
    not in our list
    +$78.2M
    +32.2%
    Q3 2025
    –
    Q4 2025
    –
    Q1 2026
    2.6%
    Q2 2026
    3.6%
  • DoorDash, Inc.
    DASH Consumer Cyclical
    +$34.1M
    +18.5%
    Q3 2025
    2.7%
    Q4 2025
    2.3%
    Q1 2026
    1.8%
    Q2 2026
    2.5%
  • Pernod Ricard
    not in our list
    -$9.4M
    -5.2%
    Q3 2025
    2.8%
    Q4 2025
    2.4%
    Q1 2026
    2.2%
    Q2 2026
    1.9%
  • Comcast Corporation
    CMCSA Communication Services
    -$1.5M
    -2.6%
    Q3 2025
    0.8%
    Q4 2025
    0.7%
    Q1 2026
    0.8%
    Q2 2026
    0.6%
  • Brown-Forman Corp Cl A
    BF/Anot in our list
    -$1.4M
    -3.0%
    Q3 2025
    0.5%
    Q4 2025
    0.5%
    Q1 2026
    0.5%
    Q2 2026
    0.5%
  • Visa Inc.
    V Financial Services
    -$2.2M
    -7.0%
    Q3 2025
    0.4%
    Q4 2025
    0.4%
    Q1 2026
    0.3%
    Q2 2026
    0.3%
  • Exxon Mobil Corp
    XOM Energy
    -$1.7M
    -6.6%
    Q3 2025
    0.2%
    Q4 2025
    0.3%
    Q1 2026
    0.4%
    Q2 2026
    0.3%
  • Brown-Forman Corp Cl B
    BF/Bnot in our list
    -$544.0K
    -3.1%
    Q3 2025
    0.2%
    Q4 2025
    0.2%
    Q1 2026
    0.2%
    Q2 2026
    0.2%
  • Anheuser-Busch InBev SA
    not in our list
    -$1.1M
    -6.9%
    Q3 2025
    0.2%
    Q4 2025
    0.2%
    Q1 2026
    0.1%
    Q2 2026
    0.2%
  • Altria Group Inc
    MO Consumer Defensive
    -$1.1M
    -9.6%
    Q3 2025
    0.1%
    Q4 2025
    0.1%
    Q1 2026
    0.1%
    Q2 2026
    0.1%
  • Crane Co
    CR Industrials
    -$599.8K
    -5.8%
    Q3 2025
    0.1%
    Q4 2025
    0.1%
    Q1 2026
    0.1%
    Q2 2026
    0.1%
  • Markel Group Inc
    MKL Financial Services
    -$1.3M
    -13.9%
    Q3 2025
    0.2%
    Q4 2025
    0.1%
    Q1 2026
    0.1%
    Q2 2026
    0.1%
  • JPMorgan Chase & Co
    JPM Financial Services
    -$40.6M
    -83.4%
    Q3 2025
    1.8%
    Q4 2025
    1.8%
    Q1 2026
    0.5%
    Q2 2026
    0.1%
  • Union Pacific Corp
    UNP Industrials
    -$488.8K
    -6.5%
    Q3 2025
    0.1%
    Q4 2025
    0.1%
    Q1 2026
    0.1%
    Q2 2026
    0.1%
  • Dover Corp
    DOV Industrials
    -$61.7K
    -1.4%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Alphabet Inc Cl A
    GOOGLnot in our list
    -$177.3K
    -4.3%
    Q3 2025
    0.0%
    Q4 2025
    0.1%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Costco Wholesale Corporation
    COST Consumer Defensive
    -$1.1M
    -26.5%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.1%
    Q2 2026
    0.0%
  • AbbVie Inc
    ABBV Healthcare
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Warby Parker Inc Cl A
    WRBYnot in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Vulcan Materials Co
    VMC Basic Materials
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Levi Strauss & Co Cl A
    LEVInot in our list
    +$24.8K
    +1.2%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • ALK Abello A/S
    not in our list
    +$112.1K
    +6.0%
    Q3 2025
    –
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • McCormick & Company Inc
    MKC Consumer Defensive
    -$30.3K
    -1.6%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • De'Longhi
    not in our list
    +$157.1K
    +9.5%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Lindt & Spruengli AG - Reg
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • SSP Group
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • American Express Co
    AXP Financial Services
    -$460.0K
    -21.0%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Demant A/S
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Loreal SA
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Fielmann
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Konecranes
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Rational AG
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Fluidra
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Lotus Bakeries
    not in our list
    0
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Microsoft Corporation
    MSFT Technology
    +$14.9K
    +1.1%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Apple Inc.
    AAPL Technology
    -$43.4K
    -3.2%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Carlsberg B A/S
    not in our list
    +$34.5K
    +2.7%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    0.0%
    Q2 2026
    0.0%
  • Sunbelt Rentals Holdings ORD
    not in our list
    0
    Q3 2025
    –
    Q4 2025
    –
    Q1 2026
    0.0%
    Q2 2026
    0.0%

Data from 13F filings with the SEC. The 13F lists only US stocks held long: no short positions, foreign stocks not listed in the US or cash. It is filed up to 45 days after the quarter ends and some positions may stay confidential. Purchases and sales are estimates: the difference in shares between two quarters times the quarter-end price.