Investor: Thomas Russo
Number of Assets: 86
Reporting Period: Q1 - 2025
Holdings at Report: $8,919,669,948
Return Since Report: +$581,298,957
Return Since Report: +6.52%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Bp P.L.C. (BP) | Equity | +100% | 6,300 | 0.00% | $33.79 | $29.20 | $212,881 | $183,960 | -$28,921 | -13.59% |
| Brown-Forman Corp. (BF-B) | Equity | -2.33% | 820,796 | 0.31% | $33.94 | $30.98 | $27,857,831 | $25,428,260 | -$2,429,571 | -8.72% |
| Chevron Corp. (CVX) | Equity | -5.55% | 4,217 | 0.01% | $167.27 | $137.27 | $705,390 | $578,868 | -$126,522 | -17.94% |
| The Coca-Cola Company (KO) | Equity | -3.30% | 13,640 | 0.01% | $71.62 | $69.08 | $976,897 | $942,306 | -$34,591 | -3.54% |
| Comcast Corp. (CMCSA) | Equity | -6.01% | 2,616,811 | 1.08% | $36.90 | $33.77 | $96,560,333 | $88,356,623 | -$8,203,710 | -8.50% |
| Costco Wholesale Corp. (COST) | Equity | -14.08% | 4,637 | 0.05% | $945.87 | $935.81 | $4,386,010 | $4,339,328 | -$46,682 | -1.06% |
| Doordash Inc. (DASH) | Equity | +18.43% | 793,665 | 1.63% | $182.77 | $249.43 | $145,058,152 | $197,959,893 | +$52,901,741 | +36.47% |
| FB Bancorp. Inc. (FBLA) | Equity | 0% | 70,000 | 0.01% | $11.26 | $12.00 | $788,200 | $839,650 | +$51,450 | +6.53% |
| Fomento Económico Mexicano S.A.B. De C.V. (FMX) | Equity | -1.96% | 3,398 | 0.00% | $97.58 | $98.03 | $331,577 | $333,106 | +$1,529 | +0.46% |
| Heineken N.V. (HEINY) | Equity | -13.85% | 6,260 | 0.00% | $36.13 | $45.50 | $226,192 | $284,830 | +$58,638 | +25.92% |
| Hormel Foods Corp. (HRL) | Equity | -8.47% | 46,081 | 0.02% | $30.94 | $29.27 | $1,425,746 | $1,348,560 | -$77,186 | -5.41% |
| John Bean Technologies Corp. (JBT) | Equity | +100% | 7,250 | 0.01% | $122.20 | $0.00 | $885,950 | $0 | -$885,950 | -100% |
| Levi Strauss & Co. (LEVI) | Equity | +100% | 67,725 | 0.01% | $15.59 | $20.46 | $1,055,833 | $1,385,654 | +$329,821 | +31.24% |
| Mccormick & Company Inc. (MKC) | Equity | -0.34% | 42,626 | 0.04% | $82.31 | $71.58 | $3,508,546 | $3,051,169 | -$457,377 | -13.04% |
| Mcdonald'S Corp. (MCD) | Equity | 0% | 705 | 0.00% | $312.37 | $297.09 | $220,221 | $209,448 | -$10,773 | -4.89% |
| Merck & Co. Inc. (MRK) | Equity | -5.57% | 2,763 | 0.00% | $89.76 | $85.01 | $248,013 | $234,877 | -$13,136 | -5.30% |
| Microsoft Corp. (MSFT) | Equity | -6.76% | 4,620 | 0.02% | $375.39 | $517.06 | $1,734,302 | $2,388,817 | +$654,515 | +37.74% |
| Outfront Media Inc. (OUT) | Equity | -60.49% | 17,706 | 0.00% | $16.14 | $18.03 | $285,775 | $319,151 | +$33,376 | +11.68% |
| Pepsico Inc. (PEP) | Equity | -4.76% | 10,979 | 0.02% | $149.94 | $143.57 | $1,646,173 | $1,576,255 | -$69,918 | -4.25% |
| Philip Morris International Inc. (PM) | Equity | -3.34% | 5,016,631 | 8.93% | $158.73 | $161.48 | $796,289,881 | $810,085,574 | +$13,795,693 | +1.73% |
| The Pnc Financial Services Group Inc. (PNC) | Equity | 0% | 4,950 | 0.01% | $175.77 | $195.92 | $870,062 | $969,789 | +$99,727 | +11.46% |
| The Procter & Gamble Company (PG) | Equity | -53.69% | 11,000 | 0.02% | $170.42 | $158.19 | $1,874,620 | $1,740,090 | -$134,530 | -7.18% |
| Warby Parker Inc. (WRBY) | Equity | +100% | 51,650 | 0.01% | $18.23 | $24.23 | $941,580 | $1,251,480 | +$309,900 | +32.91% |
| Wells Fargo & Company (WFC) | Equity | -67.50% | 62,901 | 0.05% | $71.79 | $84.27 | $4,515,657 | $5,300,353 | +$784,696 | +17.38% |
| Anheuser Busch Inbev NV (BUD) | Equity | -10.43% | 338,650 | 0.23% | $61.48 | $70.09 | $20,821,890 | $23,735,979 | +$2,914,089 | +14.00% |
| Carlsberg A/S (CABJF) | Equity | -43.17% | 10,307 | 0.01% | $126.95 | $133.00 | $1,308,465 | $1,370,831 | +$62,366 | +4.77% |
| Compagnie Financière Richemont Sa (CFRHF) | Equity | -10.25% | 3,788,649 | 7.34% | $172.87 | $179.50 | $654,957,744 | $680,062,496 | +$25,104,751 | +3.83% |
| De'longhi | Equity | +100% | 35,250 | 0.01% | $32.90 | $0.00 | $1,159,827 | $0 | -$1,159,827 | -100% |
| Diageo PLC (DGEAF) | Equity | -2.12% | 8,077 | 0.00% | $26.00 | $26.42 | $210,019 | $213,394 | +$3,375 | +1.61% |
| Fielmann | Equity | +100% | 22,300 | 0.01% | $45.21 | $0.00 | $1,008,102 | $0 | -$1,008,102 | -100% |
| H&M | Equity | +100% | 88,000 | 0.01% | $13.13 | $0.00 | $1,155,071 | $0 | -$1,155,071 | -100% |
| Heineken Holding N.V. (HKHHF) | Equity | +3.56% | 8,139,838 | 6.59% | $72.27 | $77.80 | $588,228,486 | $633,279,396 | +$45,050,910 | +7.66% |
| Konecranes | Equity | +100% | 23,650 | 0.02% | $63.52 | $0.00 | $1,502,148 | $0 | -$1,502,148 | -100% |
| L'Oréal S.A. (LRLCF) | Equity | -28.45% | 4,086 | 0.02% | $370.35 | $433.40 | $1,513,236 | $1,770,872 | +$257,636 | +17.03% |
| LT Group Inc. | Equity | 0% | 1,775,000 | 0.00% | $0.21 | $0.00 | $377,798 | $0 | -$377,798 | -100% |
| Pernod Ricard Sa (PDRDF) | Equity | -5.14% | 2,882,247 | 3.19% | $98.58 | $112.19 | $284,129,177 | $323,359,291 | +$39,230,114 | +13.81% |
| Rational Ag | Equity | +100% | 975 | 0.01% | $826.35 | $0.00 | $805,694 | $0 | -$805,694 | -100% |
| The Swiss Helvetia Fund Inc. (SWZ) | Equity | +1.59% | 293,403 | 0.03% | $9.22 | $6.25 | $2,705,177 | $1,833,769 | -$871,408 | -32.21% |
| Abbott Laboratories (ABT) | Equity | 0% | 11,510 | 0.02% | $132.65 | $126.44 | $1,526,802 | $1,455,324 | -$71,478 | -4.68% |
| Abbvie Inc. (ABBV) | Equity | 0% | 12,410 | 0.03% | $209.52 | $190.73 | $2,600,143 | $2,366,897 | -$233,246 | -8.97% |
| Alphabet Inc. (GOOGL) | Equity | -23.72% | 15,611 | 0.03% | $154.64 | $193.25 | $2,414,085 | $3,016,810 | +$602,725 | +24.97% |
| Alphabet Inc. (GOOG) | Equity | -9.39% | 5,106,605 | 8.94% | $156.23 | $194.23 | $797,804,899 | $991,855,889 | +$194,050,990 | +24.32% |
| Altria Group Inc. (MO) | Equity | -8.59% | 246,648 | 0.17% | $60.02 | $59.75 | $14,803,820 | $14,737,218 | -$66,602 | -0.45% |
| American Express Company (AXP) | Equity | -7.82% | 13,658 | 0.04% | $269.05 | $311.77 | $3,674,685 | $4,258,155 | +$583,470 | +15.88% |
| Apple Inc. (AAPL) | Equity | -9.56% | 5,249 | 0.01% | $222.13 | $213.72 | $1,165,960 | $1,121,790 | -$44,170 | -3.79% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | -11.34% | 1,657 | 14.83% | $798,441.60 | $725,715.06 | $1,323,017,731 | $1,202,509,858 | -$120,507,873 | -9.11% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | -8.26% | 1,180,608 | 7.05% | $532.58 | $483.58 | $628,768,209 | $570,918,417 | -$57,849,792 | -9.20% |
| Brown-Forman Corp. (BF-A) | Equity | -7.15% | 1,870,922 | 0.70% | $33.47 | $30.81 | $62,619,772 | $57,633,752 | -$4,986,020 | -7.96% |
| Crane Company (CR) | Equity | -0.70% | 60,305 | 0.10% | $153.18 | $190.47 | $9,237,520 | $11,486,293 | +$2,248,773 | +24.34% |
| The Walt Disney Company (DIS) | Equity | -17.59% | 2,943 | 0.00% | $98.70 | $121.65 | $290,488 | $358,016 | +$67,528 | +23.25% |
| Dover Corp. (DOV) | Equity | -2.23% | 21,951 | 0.04% | $175.68 | $186.64 | $3,856,352 | $4,096,935 | +$240,583 | +6.24% |
| Exxon Mobil Corp. (XOM) | Equity | +0.27% | 189,469 | 0.25% | $118.93 | $110.88 | $22,533,582 | $21,007,375 | -$1,526,207 | -6.77% |
| Fulton Financial Corp. (FULT) | Equity | -6.69% | 69,700 | 0.01% | $18.09 | $18.59 | $1,260,873 | $1,295,723 | +$34,850 | +2.76% |
| Generac Holdings Inc. (GNRC) | Equity | +100% | 8,250 | 0.01% | $126.65 | $156.96 | $1,044,863 | $1,294,920 | +$250,057 | +23.93% |
| Herc Holdings Inc. (HRI) | Equity | +100% | 9,450 | 0.01% | $134.27 | $149.18 | $1,268,852 | $1,409,751 | +$140,899 | +11.10% |
| Hyatt Hotels Corp. (H) | Equity | +100% | 11,675 | 0.02% | $122.50 | $148.84 | $1,430,188 | $1,737,649 | +$307,461 | +21.50% |
| JP Morgan Chase & Co. (JPM) | Equity | -17.31% | 1,043,354 | 2.87% | $245.30 | $297.91 | $255,934,794 | $310,825,590 | +$54,890,796 | +21.45% |
| Lamar Advertising Company (LAMR) | Equity | 0% | 5,974 | 0.01% | $113.78 | $125.35 | $679,722 | $748,841 | +$69,119 | +10.17% |
| Markel Group Inc. (MKL) | Equity | -4.00% | 8,276 | 0.17% | $1,869.61 | $2,022.45 | $15,472,892 | $16,737,755 | +$1,264,863 | +8.17% |
| Martin Marietta Materials Inc. (MLM) | Equity | +1.02% | 714,252 | 3.83% | $478.13 | $584.85 | $341,505,138 | $417,730,282 | +$76,225,144 | +22.32% |
| Mastercard Inc. (MA) | Equity | -8.93% | 1,716,374 | 10.55% | $548.12 | $568.79 | $940,779,026 | $976,247,786 | +$35,468,760 | +3.77% |
| Nestlé S.A. (NSRGY) | Equity | -2.90% | 6,143,739 | 6.97% | $101.17 | $92.29 | $621,562,097 | $567,005,672 | -$54,556,425 | -8.78% |
| Netflix Inc. (NFLX) | Equity | -11.75% | 558,412 | 5.84% | $932.53 | $1,179.81 | $520,735,942 | $658,817,270 | +$138,081,328 | +26.52% |
| Oracle Corp. (ORCL) | Equity | 0% | 3,475 | 0.01% | $139.81 | $244.92 | $485,840 | $851,097 | +$365,257 | +75.18% |
| Ralph Lauren Corp. (RL) | Equity | +100% | 4,100 | 0.01% | $220.74 | $297.63 | $905,034 | $1,220,283 | +$315,249 | +34.83% |
| Truist Financial Corp. (TFC) | Equity | +0.78% | 9,692 | 0.00% | $41.15 | $45.59 | $398,826 | $441,810 | +$42,984 | +10.78% |
| Uber Technologies Inc. (UBER) | Equity | +6.77% | 4,431,675 | 3.62% | $72.86 | $90.74 | $322,891,841 | $402,130,190 | +$79,238,349 | +24.54% |
| Union Pacific Corp. (UNP) | Equity | +0.21% | 24,588 | 0.07% | $236.24 | $225.11 | $5,808,558 | $5,534,882 | -$273,676 | -4.71% |
| Unum Group (UNM) | Equity | 0% | 3,800 | 0.00% | $81.46 | $80.66 | $309,548 | $306,508 | -$3,040 | -0.98% |
| Visa Inc. (V) | Equity | -36.15% | 130,701 | 0.51% | $350.46 | $357.12 | $45,805,472 | $46,675,941 | +$870,469 | +1.90% |
| Vulcan Materials Company (VMC) | Equity | -11.52% | 18,737 | 0.05% | $233.30 | $274.58 | $4,371,342 | $5,144,805 | +$773,463 | +17.69% |
| Walmart Inc. (WMT) | Equity | -0.63% | 10,240 | 0.01% | $87.79 | $97.47 | $898,970 | $998,134 | +$99,164 | +11.03% |
| Yeti Holdings Inc. (YETI) | Equity | +100% | 32,500 | 0.01% | $33.10 | $38.80 | $1,075,750 | $1,260,838 | +$185,088 | +17.21% |
| Ashtead Group PLC (ASHTF) | Equity | +16.89% | 5,514,309 | 3.31% | $53.51 | $68.18 | $295,095,461 | $375,965,588 | +$80,870,127 | +27.40% |
| Cofide Spa | Equity | 0% | 251,250 | 0.00% | $0.59 | $0.00 | $148,999 | $0 | -$148,999 | -100% |
| Davide Campari-Milano NV | Equity | -59.42% | 235,151 | 0.02% | $5.85 | $0.00 | $1,375,211 | $0 | -$1,375,211 | -100% |
| Demant AS | Equity | +100% | 40,250 | 0.02% | $33.47 | $0.00 | $1,347,358 | $0 | -$1,347,358 | -100% |
| Electrolux Professional | Equity | +100% | 175,500 | 0.01% | $6.22 | $0.00 | $1,091,950 | $0 | -$1,091,950 | -100% |
| Fluidra | Equity | +100% | 50,500 | 0.01% | $23.40 | $0.00 | $1,181,555 | $0 | -$1,181,555 | -100% |
| PT Hanjaya Mandala Sampoerna Tbk (PHJMF) | Equity | 0% | 5,000,000 | 0.00% | $0.03 | $0.04 | $166,063 | $200,000 | +$33,937 | +20.44% |
| Heineken N.V. (HINKF) | Equity | 0% | 15,131 | 0.01% | $81.43 | $92.95 | $1,232,049 | $1,406,426 | +$174,377 | +14.15% |
| Chocoladefabriken Lindt & Sprüngli Ag (COCXF) | Equity | 0% | 16 | 0.02% | $130,884.44 | $109,000.00 | $2,094,151 | $1,744,000 | -$350,151 | -16.72% |
| Lotus Bakeries | Equity | +100% | 130 | 0.01% | $8,868.44 | $0.00 | $1,152,897 | $0 | -$1,152,897 | -100% |
| Nestlé S.A. (NSRGF) | Equity | +7.89% | 11,285 | 0.01% | $100.98 | $91.96 | $1,139,533 | $1,037,769 | -$101,764 | -8.93% |
| Puig Brands (PUGBY) | Equity | +100% | 68,000 | 0.01% | $17.00 | $9.45 | $1,156,160 | $642,600 | -$513,560 | -44.42% |
| SSP Group | Equity | +100% | 548,000 | 0.01% | $1.93 | $0.00 | $1,060,289 | $0 | -$1,060,289 | -100% |