Investor: Thomas Russo
Number of Assets: 86
Reporting Period: Q1 - 2026
Holdings at Report: $8,496,278,296
Return Since Report: +$459,618,718
Return Since Report: +5.41%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Brown-Forman Corp. (BF-A) | Equity | -1.21% | 1,647,878 | 0.52% | $26.79 | $26.64 | $44,146,665 | $43,899,470 | -$247,195 | -0.56% |
| Chevron Corp. (CVX) | Equity | -7.49% | 2,470 | 0.01% | $206.90 | $173.63 | $511,043 | $428,866 | -$82,177 | -16.08% |
| The Coca-Cola Company (KO) | Equity | -4.51% | 13,025 | 0.01% | $76.05 | $79.39 | $990,551 | $1,034,055 | +$43,504 | +4.39% |
| Comcast Corp. (CMCSA) | Equity | -2.05% | 2,253,106 | 0.76% | $28.71 | $22.43 | $64,686,661 | $50,537,168 | -$14,149,493 | -21.87% |
| Costco Wholesale Corp. (COST) | Equity | 0% | 4,624 | 0.05% | $996.41 | $951.45 | $4,607,417 | $4,399,505 | -$207,912 | -4.51% |
| The Walt Disney Company (DIS) | Equity | +0.28% | 2,517 | 0.00% | $96.38 | $103.89 | $242,592 | $261,491 | +$18,899 | +7.79% |
| Doordash Inc. (DASH) | Equity | +7.60% | 1,001,195 | 1.77% | $150.15 | $173.46 | $150,329,429 | $173,667,285 | +$23,337,856 | +15.52% |
| Dover Corp. (DOV) | Equity | -2.05% | 19,126 | 0.05% | $208.45 | $223.57 | $3,986,815 | $4,276,000 | +$289,185 | +7.25% |
| Lamar Advertising Company (LAMR) | Equity | -10.14% | 5,368 | 0.01% | $126.66 | $149.65 | $679,911 | $803,321 | +$123,410 | +18.15% |
| Levi Strauss & Co. (LEVI) | Equity | +73.34% | 82,725 | 0.02% | $18.49 | $23.70 | $1,529,585 | $1,960,583 | +$430,998 | +28.18% |
| Markel Group Inc. (MKL) | Equity | -21.10% | 4,954 | 0.11% | $1,914.07 | $1,847.16 | $9,482,303 | $9,150,831 | -$331,472 | -3.50% |
| Outfront Media Inc. (OUT) | Equity | -13.33% | 13,588 | 0.00% | $26.50 | $31.18 | $360,082 | $423,674 | +$63,592 | +17.66% |
| Pepsico Inc. (PEP) | Equity | -6.01% | 9,205 | 0.02% | $155.28 | $142.02 | $1,429,383 | $1,307,294 | -$122,089 | -8.54% |
| Uber Technologies Inc. (UBER) | Equity | +0.55% | 5,173,404 | 4.38% | $71.93 | $71.64 | $372,122,950 | $370,622,663 | -$1,500,287 | -0.40% |
| Union Pacific Corp. (UNP) | Equity | +10.62% | 27,638 | 0.08% | $242.62 | $256.88 | $6,705,519 | $7,099,649 | +$394,130 | +5.88% |
| Unum Group (UNM) | Equity | 0% | 3,800 | 0.00% | $73.03 | $89.98 | $277,514 | $341,924 | +$64,410 | +23.21% |
| Visa Inc. (V) | Equity | -13.79% | 93,812 | 0.33% | $302.24 | $327.24 | $28,353,739 | $30,699,039 | +$2,345,300 | +8.27% |
| Vulcan Materials Company (VMC) | Equity | -8.20% | 7,263 | 0.02% | $272.30 | $302.84 | $1,977,715 | $2,199,527 | +$221,812 | +11.22% |
| Abbott Laboratories (ABT) | Equity | 0% | 11,510 | 0.01% | $102.67 | $88.41 | $1,181,732 | $1,017,599 | -$164,133 | -13.89% |
| Abbvie Inc. (ABBV) | Equity | 0% | 12,410 | 0.03% | $217.49 | $216.49 | $2,699,051 | $2,686,641 | -$12,410 | -0.46% |
| Alphabet Inc. (GOOGL) | Equity | -22.16% | 11,610 | 0.04% | $287.56 | $368.03 | $3,338,572 | $4,272,828 | +$934,256 | +27.98% |
| Alphabet Inc. (GOOG) | Equity | -14.78% | 3,350,337 | 11.31% | $286.86 | $367.46 | $961,077,672 | $1,231,114,834 | +$270,037,162 | +28.10% |
| Brown-Forman Corp. (BF-B) | Equity | -6.85% | 659,694 | 0.21% | $26.44 | $26.64 | $17,442,308 | $17,574,248 | +$131,940 | +0.76% |
| Hormel Foods Corp. (HRL) | Equity | -4.21% | 19,000 | 0.01% | $22.65 | $24.16 | $430,350 | $459,040 | +$28,690 | +6.67% |
| JP Morgan Chase & Co. (JPM) | Equity | -71.86% | 148,798 | 0.52% | $294.16 | $325.22 | $43,770,420 | $48,392,086 | +$4,621,666 | +10.56% |
| John Bean Technologies Corp. (JBT) | Equity | 0% | 7,250 | 0.01% | $127.87 | $0.00 | $927,058 | $0 | -$927,058 | -100% |
| Johnson & Johnson (JNJ) | Equity | +33.61% | 1,304 | 0.00% | $244.44 | $228.39 | $318,750 | $297,821 | -$20,929 | -6.57% |
| Netflix Inc. (NFLX) | Equity | +12.11% | 5,610,666 | 6.35% | $96.15 | $77.38 | $539,465,536 | $434,153,335 | -$105,312,201 | -19.52% |
| Altria Group Inc. (MO) | Equity | -0.19% | 164,461 | 0.13% | $65.99 | $69.12 | $10,852,779 | $11,367,544 | +$514,765 | +4.74% |
| Amazon.com Inc. (AMZN) | Equity | 0% | 1,040 | 0.00% | $208.27 | $244.39 | $216,601 | $254,166 | +$37,565 | +17.34% |
| American Express Company (AXP) | Equity | -46.67% | 6,485 | 0.02% | $302.48 | $338.00 | $1,961,583 | $2,191,930 | +$230,347 | +11.74% |
| Apple Inc. (AAPL) | Equity | +1.65% | 4,751 | 0.01% | $253.79 | $298.01 | $1,205,756 | $1,415,846 | +$210,090 | +17.42% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | -1.88% | 1,460 | 12.34% | $718,140.00 | $733,610.00 | $1,048,484,400 | $1,071,070,600 | +$22,586,200 | +2.15% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | -1.33% | 1,110,429 | 6.26% | $479.20 | $489.46 | $532,117,577 | $543,510,578 | +$11,393,001 | +2.14% |
| Caterpillar Inc. (CAT) | Equity | -18.18% | 450 | 0.00% | $708.46 | $985.82 | $318,807 | $443,619 | +$124,812 | +39.15% |
| Crane Company (CR) | Equity | -14.29% | 46,626 | 0.09% | $171.00 | $214.90 | $7,973,046 | $10,019,927 | +$2,046,881 | +25.67% |
| Herc Holdings Inc. (HRI) | Equity | 0% | 6,450 | 0.01% | $99.55 | $155.12 | $642,098 | $1,000,524 | +$358,426 | +55.82% |
| Martin Marietta Materials Inc. (MLM) | Equity | -1.54% | 715,411 | 4.96% | $588.68 | $609.12 | $421,148,042 | $435,771,148 | +$14,623,106 | +3.47% |
| Mccormick & Company Inc. (MKC) | Equity | -5.13% | 38,581 | 0.02% | $50.44 | $46.64 | $1,946,026 | $1,799,418 | -$146,608 | -7.53% |
| Microsoft Corp. (MSFT) | Equity | -4.35% | 3,544 | 0.02% | $370.17 | $379.40 | $1,311,882 | $1,344,594 | +$32,712 | +2.49% |
| Nestlé S.A. (NSRGY) | Equity | -2.41% | 5,481,714 | 6.39% | $99.10 | $98.10 | $543,237,880 | $537,756,143 | -$5,481,737 | -1.01% |
| Exxon Mobil Corp. (XOM) | Equity | +0.48% | 193,950 | 0.39% | $169.66 | $137.81 | $32,905,526 | $26,728,250 | -$6,177,277 | -18.77% |
| FB Bancorp. Inc. (FBLA) | Equity | 0% | 50,000 | 0.01% | $13.74 | $14.49 | $687,000 | $724,500 | +$37,500 | +5.46% |
| Fulton Financial Corp. (FULT) | Equity | -9.52% | 48,950 | 0.01% | $20.34 | $22.90 | $995,643 | $1,120,955 | +$125,312 | +12.59% |
| Generac Holdings Inc. (GNRC) | Equity | 0% | 2,250 | 0.01% | $195.33 | $279.15 | $439,493 | $628,088 | +$188,594 | +42.91% |
| Mastercard Inc. (MA) | Equity | -1.95% | 1,555,141 | 9.15% | $499.66 | $489.79 | $777,041,820 | $761,692,510 | -$15,349,310 | -1.98% |
| The Procter & Gamble Company (PG) | Equity | -22.78% | 9,229 | 0.02% | $144.44 | $150.38 | $1,333,037 | $1,387,857 | +$54,820 | +4.11% |
| Sunbelt Rentals Holdings INC | Equity | +100% | 6,049,133 | 4.63% | $65.09 | N/A | $393,738,067 | N/A | N/A | N/A |
| Mcdonald'S Corp. (MCD) | Equity | +4.64% | 947 | 0.00% | $310.79 | $278.61 | $294,318 | $263,844 | -$30,474 | -10.35% |
| Merck & Co. Inc. (MRK) | Equity | +100% | 2,141 | 0.00% | $120.29 | $113.87 | $257,536 | $243,796 | -$13,740 | -5.34% |
| Oracle Corp. (ORCL) | Equity | +3.60% | 3,600 | 0.01% | $147.11 | $184.29 | $529,596 | $663,444 | +$133,848 | +25.27% |
| Philip Morris International Inc. (PM) | Equity | -1.97% | 4,605,069 | 8.96% | $165.34 | $178.40 | $761,402,140 | $821,544,310 | +$60,142,170 | +7.90% |
| Cofide Spa | Equity | 0% | 251,250 | 0.00% | $0.78 | $0.00 | $195,985 | $0 | -$195,985 | -100% |
| Compagnie Financière Richemont Sa (CFRHF) | Equity | -1.57% | 3,447,287 | 7.00% | $172.42 | $225.92 | $594,389,414 | $778,811,079 | +$184,421,665 | +31.03% |
| Davide Campari-Milano NV | Equity | -16.56% | 202,013 | 0.02% | $7.06 | $0.00 | $1,426,815 | $0 | -$1,426,815 | -100% |
| De'longhi | Equity | +10.64% | 39,000 | 0.02% | $34.54 | $0.00 | $1,347,175 | $0 | -$1,347,175 | -100% |
| H&M | Equity | 0% | 64,000 | 0.01% | $18.39 | $0.00 | $1,176,706 | $0 | -$1,176,706 | -100% |
| LT Group Inc. | Equity | 0% | 1,775,000 | 0.01% | $0.24 | $0.00 | $428,337 | $0 | -$428,337 | -100% |
| Nestlé S.A. (NSRGF) | Equity | 0% | 11,130 | 0.01% | $97.59 | $98.98 | $1,086,198 | $1,101,647 | +$15,449 | +1.42% |
| Pernod Ricard Sa (PDRDF) | Equity | -2.91% | 2,479,656 | 2.16% | $73.99 | $73.05 | $183,480,370 | $181,138,871 | -$2,341,499 | -1.28% |
| Demant AS | Equity | 0% | 41,000 | 0.01% | $29.90 | $0.00 | $1,225,815 | $0 | -$1,225,815 | -100% |
| PT Hanjaya Mandala Sampoerna Tbk (PHJMF) | Equity | 0% | 5,000,000 | 0.00% | $0.04 | $0.05 | $213,305 | $250,000 | +$36,695 | +17.20% |
| Heineken Holding N.V. (HKHHF) | Equity | -1.07% | 9,101,528 | 7.57% | $70.69 | $73.60 | $643,363,987 | $669,872,461 | +$26,508,474 | +4.12% |
| Heineken N.V. (HINKF) | Equity | 0% | 15,131 | 0.01% | $76.39 | $81.18 | $1,155,870 | $1,228,335 | +$72,465 | +6.27% |
| Kalmar Oyj B | Equity | +12.50% | 27,000 | 0.02% | $49.96 | N/A | $1,348,904 | N/A | N/A | N/A |
| Konecranes | Equity | +184.55% | 52,500 | 0.02% | $32.19 | $0.00 | $1,690,105 | $0 | -$1,690,105 | -100% |
| Chocoladefabriken Lindt & Sprüngli Ag (COCXF) | Equity | 0% | 15 | 0.03% | $142,119.33 | $142,302.63 | $2,131,790 | $2,134,539 | +$2,749 | +0.13% |
| L'Oréal S.A. (LRLCF) | Equity | 0% | 3,705 | 0.02% | $402.52 | $450.56 | $1,491,341 | $1,669,325 | +$177,984 | +11.93% |
| Lotus Bakeries | Equity | 0% | 115 | 0.02% | $11,222.43 | $0.00 | $1,290,579 | $0 | -$1,290,579 | -100% |
| Rational Ag | Equity | +125.64% | 2,200 | 0.02% | $716.67 | $0.00 | $1,576,670 | $0 | -$1,576,670 | -100% |
| SSP Group | Equity | +6.06% | 700,000 | 0.02% | $2.31 | $0.00 | $1,614,484 | $0 | -$1,614,484 | -100% |
| Sunbelt Rentals Holdings ORD | Equity | +100% | 18,178 | 0.01% | $62.64 | N/A | $1,138,638 | N/A | N/A | N/A |
| Walmart Inc. (WMT) | Equity | -4.18% | 9,740 | 0.01% | $124.28 | $117.18 | $1,210,487 | $1,141,333 | -$69,154 | -5.71% |
| Warby Parker Inc. (WRBY) | Equity | +23.08% | 80,000 | 0.02% | $21.07 | $25.96 | $1,685,600 | $2,076,800 | +$391,200 | +23.21% |
| Wells Fargo & Company (WFC) | Equity | -6.45% | 7,450 | 0.01% | $79.61 | $82.20 | $593,115 | $612,390 | +$19,275 | +3.25% |
| Yeti Holdings Inc. (YETI) | Equity | 0% | 24,000 | 0.01% | $36.59 | $48.97 | $878,160 | $1,175,280 | +$297,120 | +33.83% |
| ALK Abello AS | Equity | +42.86% | 50,000 | 0.02% | $31.18 | N/A | $1,558,886 | N/A | N/A | N/A |
| Anheuser Busch Inbev NV (BUD) | Equity | -30.70% | 184,010 | 0.15% | $68.81 | $80.74 | $12,661,615 | $14,856,967 | +$2,195,352 | +17.34% |
| Carlsberg A/S (CABJF) | Equity | -57.25% | 9,872 | 0.01% | $123.85 | $127.29 | $1,222,622 | $1,256,558 | +$33,936 | +2.78% |
| Zalando SE | Equity | 0% | 28,000 | 0.01% | $23.68 | $0.00 | $662,976 | $0 | -$662,976 | -100% |
| Electrolux Professional | Equity | +15.00% | 230,000 | 0.01% | $5.29 | $0.00 | $1,216,848 | $0 | -$1,216,848 | -100% |
| Eurofins Scientific | Equity | +100% | 3,096,404 | 2.63% | $72.20 | N/A | $223,550,621 | N/A | N/A | N/A |
| Fielmann | Equity | +28.40% | 33,000 | 0.02% | $50.18 | $0.00 | $1,655,884 | $0 | -$1,655,884 | -100% |
| Fluidra | Equity | +18.64% | 70,000 | 0.02% | $22.78 | $0.00 | $1,594,530 | $0 | -$1,594,530 | -100% |
| Puig Brands (PUGBY) | Equity | 0% | 68,000 | 0.02% | $19.46 | $9.32 | $1,323,325 | $633,760 | -$689,565 | -52.11% |
| The Swiss Helvetia Fund Inc. (SWZ) | Equity | -33.23% | 97,667 | 0.01% | $5.93 | $5.92 | $579,163 | $578,189 | -$974 | -0.17% |