Investors and analysts are eagerly waiting for the 13F filings of the first quarter of 2023 to be released, as it gives an insight into the investment strategies of the top investors.
One such report that has recently been released is that of Tom Russo's Gardner Russo & Quinn LLC portfolio. The portfolio comprises 84 stocks with a total value of $6.73 billion, showing a slight increase of $209 million from the previous quarter's position value.
Top Holdings
One of the highlights of the portfolio is the top holdings, which include $BRK-A, $NSRGY, $MA, $GOOG, and $PM. These stocks have been consistent in Tom Russo's portfolio over the years, and it's evident that the investor has confidence in their long-term potential. $BRK-A, for instance, is a Berkshire Hathaway class A stock, and Tom Russo has been a long-term investor in the company, believing in the expertise of its CEO, Warren Buffet. $NSRGY, on the other hand, is a Switzerland-based consumer goods company, Nestle, which is known for its wide range of food and beverage products.
Another notable feature of Tom Russo's Q1 2023 portfolio is the absence of any new holdings. However, it's important to note that this does not necessarily mean that the investor has not made any new purchases during the quarter, as the 13F filings only disclose the holdings at the end of the quarter. As such, it's possible that Tom Russo has made new investments that will only be reflected in the Q2 2023 portfolio report.
- GOOG - Alphabet Inc. is a multinational technology conglomerate that specializes in internet-related services and products. The company's search engine, Google, is the most widely used search engine globally, and its other services include Gmail, Google Maps, YouTube, and Android. SEO subtitle: "Alphabet Inc. Stocks Added to Portfolio by Top Investor."
- MKL - Markel Corporation is a diversified financial holding company that operates in the insurance, reinsurance, and investment sectors. The company's insurance segment offers property and casualty, medical malpractice, and accident insurance, while its investment segment invests in publicly traded and private companies. SEO subtitle: "Markel Corporation Added to Investment Portfolio."
- UNP - Union Pacific Corporation is a transportation company that operates a railroad network in the United States. The company's railroad transports various products, including agricultural products, coal, chemicals, and industrial products. SEO subtitle: "Union Pacific Corporation Stocks Added to Portfolio by Top Investor."
- GOOGL - Alphabet Inc. is a multinational technology conglomerate that specializes in internet-related services and products. The company's search engine, Google, is the most widely used search engine globally, and its other services include Gmail, Google Maps, YouTube, and Android. SEO subtitle: "Alphabet Inc. Stocks Added to Portfolio by Top Investor."
- LVMUY - LVMH Moet Hennessy Louis Vuitton is a multinational luxury goods conglomerate that produces and markets products in the fashion, leather goods, wines and spirits, and perfumes and cosmetics sectors. The company's brands include Louis Vuitton, Fendi, Christian Dior, and Moet & Chandon