Investment Firm Gardner Russo & Quinn LLC Q4 2022 vs. Q1 2023 Fund Holdings Analysis

As investment firms shift their investment strategies frequently, professional fund managers and investors need to keep a close eye on the moves of the big players in the market. One way to do this is by analyzing the 13F filings of investment managers with more than $100 million in AUM. These 13F filings are required by the SEC and provide information on institutional investment managers' portfolios. One such firm is Gardner Russo & Quinn LLC, an investment firm that manages a multi-billion portfolio.

In this article, we will be analyzing Gardner Russo & Quinn LLC's Q4 2022 vs. Q1 2023 13F filings. We will be looking at the changes in their holdings of various companies and how these moves could impact the overall market.

Firstly, let's take a look at the top five holdings of Gardner Russo & Quinn LLC in Q1 2023. Nestle SA Sponsored ADR takes the top spot with over 8 million shares worth close to $1 billion, followed closely by Heineken Holding NV with over 8 million shares worth around $750 million. Alphabet Inc Cl C, Pernod Ricard, and Philip Morris International Inc round out the top five holdings.

The biggest increase in percentage terms was seen in Compagnie Financiere Richemont, with a 21% increase in shares. This increase raised the value of their stake in the company by over $150 million. The second-highest increase was seen in Alphabet Inc Cl C, with a 24.5% increase in shares.

Among the top holdings, the biggest decrease was seen in Unilever PLC ADR, where the fund cut its holdings by almost 20%. The stake in Pepsico Inc was also reduced by over 26%. Wells Fargo and Procter & Gamble were the other two holdings that faced significant reductions in value.

In terms of new positions, Gardner Russo & Quinn LLC established a new position in Hanjaya Mandala Sampoerna worth over $350,000. Other new positions include Carlsberg B A/S and LVMH Moet Hennessy Louis Vuitton, among others.

In summary, investment managers at Gardner Russo & Quinn LLC made some significant changes to their portfolio between Q4 2022 and Q1 2023. While there were some increases in stake, several holdings saw a significant reduction too. However, investors need not be overly concerned about these moves as fund managers often make changes to their portfolios based on various market dynamics. Overall, the analysis of the 13F filings can provide critical insights into institutional investors' strategy and may serve as a guide for individual investors.