# EDGAR Filing Document

**Accession Number:** 0000860643
**File Stem:** 0000860643-23-000001
**Filing Date:** 2023-2
**Character Count:** 12205
**Document Hash:** 92db50adadb72b26be3a406b0ac8742e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000860643-23-000001.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0000860643-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GARDNER RUSSO & QUINN LLC
- **CENTRAL INDEX KEY:** 0000860643
- **IRS NUMBER:** 232673088
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-02635
- **FILM NUMBER:** 23617195

**BUSINESS ADDRESS:**
- **STREET 1:** 223 EAST CHESTNUT STREET
- **CITY:** LANCASTER
- **STATE:** PA
- **ZIP:** 17602
- **BUSINESS PHONE:** 7172991385

**MAIL ADDRESS:**
- **STREET 1:** 223 EAST CHESTNUT STREET
- **CITY:** LANCASTER
- **STATE:** PA
- **ZIP:** 17602

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARDNER RUSSO & GARDNER LLC
- **DATE OF NAME CHANGE:** 20140513

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARDNER RUSSO & GARDNER
- **DATE OF NAME CHANGE:** 20010709

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARDNER INVESTMENTS
- **DATE OF NAME CHANGE:** 19990326

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** GARDNER RUSSO  QUINN LLC<br>**Address:** 223 EAST CHESTNUT STREET<br>LANCASTER, PA 17602

**Form 13F File Number:** 028-02635

**CRD Number (if applicable):** 000106114

**SEC File Number (if applicable):** 801-41357

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Vicki Supnik<br>**Title:** Account Administrator<br>**Phone:** 717-299-1385

**Signature, Place, and Date of Signing:**

Vicki Supnik Account Administrator  Lancaster, PA  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 83

**Form 13F Information Table Value Total:** $9060565157

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Labs | COM | 002824100 |  | 1292777 | 11775 | SH |  | SOLE |  | 11775 | 0 | 0 |
| AbbVie Inc | COM | 00287Y109 |  | 2037902 | 12610 | SH |  | SOLE |  | 12610 | 0 | 0 |
| Alphabet Inc Cl A | COM | 02079K305 |  | 1732837 | 19640 | SH |  | SOLE |  | 17960 | 0 | 1680 |
| Alphabet Inc Cl C | COM | 02079K107 |  | 703833156 | 7932302 | SH |  | SOLE |  | 7597931 | 0 | 334371 |
| Altria Group Inc | COM | 02209S103 |  | 14869091 | 325292 | SH |  | SOLE |  | 321792 | 0 | 3500 |
| American Express | COM | 025816109 |  | 5737280 | 38831 | SH |  | SOLE |  | 37092 | 0 | 1739 |
| Apple Inc | COM | 037833100 |  | 907171 | 6982 | SH |  | SOLE |  | 6002 | 0 | 980 |
| Ashtead Group PLC ADR | COM | 045055100 |  | 283886 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| Berkshire Hathaway Inc Cl A | COM | 084670108 |  | 1218648496 | 2600 | SH |  | SOLE |  | 2446 | 0 | 154 |
| Berkshire Hathaway Inc Cl B | COM | 084670702 |  | 512490121 | 1659081 | SH |  | SOLE |  | 1559704 | 0 | 99377 |
| BP PLC ADR | COM | 055622104 |  | 240630 | 6889 | SH |  | SOLE |  | 6889 | 0 | 0 |
| Brown-Forman Corp Cl A | COM | 115637100 |  | 162903495 | 2477243 | SH |  | SOLE |  | 2381841 | 0 | 95402 |
| Brown-Forman Corp Cl B | COM | 115637209 |  | 65586862 | 998582 | SH |  | SOLE |  | 913431 | 0 | 85151 |
| Cable One Inc | COM | 12685J105 |  | 63797871 | 89621 | SH |  | SOLE |  | 85779 | 0 | 3842 |
| Chevron Corp | COM | 166764100 |  | 863898 | 4813 | SH |  | SOLE |  | 4813 | 0 | 0 |
| Coca-Cola | COM | 191216100 |  | 1335492 | 20995 | SH |  | SOLE |  | 20995 | 0 | 0 |
| Comcast Corp New Cl A | COM | 20030N101 |  | 133427245 | 3815477 | SH |  | SOLE |  | 3606556 | 0 | 208921 |
| Compagnie Financiere Richemont | COM | 204319107 |  | 1437794 | 110946 | SH |  | SOLE |  | 109848 | 0 | 1098 |
| Corteva Inc | COM | 22052L104 |  | 507354 | 8631 | SH |  | SOLE |  | 8631 | 0 | 0 |
| Costco Whsl Corp | COM | 22160K105 |  | 2460235 | 5389 | SH |  | SOLE |  | 5234 | 0 | 155 |
| Crane Holdings | COM | 224441105 |  | 7202868 | 71706 | SH |  | SOLE |  | 66456 | 0 | 5250 |
| Danaher Corp | COM | 235851102 |  | 313992 | 1183 | SH |  | SOLE |  | 850 | 0 | 333 |
| Danone ADR | COM | 23636T100 |  | 701279 | 66737 | SH |  | SOLE |  | 66737 | 0 | 0 |
| Davide Campari-Milano ADR | COM | 23857X103 |  | 138163 | 13650 | SH |  | SOLE |  | 13650 | 0 | 0 |
| Disney Walt Productions | COM | 254687106 |  | 396100 | 4559 | SH |  | SOLE |  | 4541 | 0 | 18 |
| Dover Corp | COM | 260003108 |  | 4016531 | 29662 | SH |  | SOLE |  | 26587 | 0 | 3075 |
| Dow Inc | COM | 260557103 |  | 1002159 | 19888 | SH |  | SOLE |  | 19888 | 0 | 0 |
| Dupont De Nemours Inc | COM | 26614N102 |  | 1224086 | 17836 | SH |  | SOLE |  | 17836 | 0 | 0 |
| Exxon Mobil Corp | COM | 30231G102 |  | 19463264 | 176458 | SH |  | SOLE |  | 174258 | 0 | 2200 |
| Fomento Economico Mex Sponsore | COM | 344419106 |  | 1083603 | 13871 | SH |  | SOLE |  | 13346 | 0 | 525 |
| Fulton Finl Corp | COM | 360271100 |  | 1134426 | 67405 | SH |  | SOLE |  | 38605 | 0 | 28800 |
| Graham Holdings Co | COM | 384637104 |  | 704029 | 1165 | SH |  | SOLE |  | 1165 | 0 | 0 |
| Heineken Holding NV ADR | COM | 423008101 |  | 615162 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| Heineken NV Sponsored ADR | COM | 423012301 |  | 833321 | 17770 | SH |  | SOLE |  | 17502 | 0 | 268 |
| Hormel Foods Corp | COM | 440452100 |  | 5932113 | 130233 | SH |  | SOLE |  | 115433 | 0 | 14800 |
| J.P. Morgan Chase | COM | 46625H100 |  | 247289037 | 1844064 | SH |  | SOLE |  | 1770635 | 0 | 73429 |
| Lamar Advertising Co-A | COM | 512816109 |  | 748120 | 7925 | SH |  | SOLE |  | 7925 | 0 | 0 |
| Markel Corp | COM | 570535104 |  | 11495100 | 8725 | SH |  | SOLE |  | 7515 | 0 | 1210 |
| Martin Marietta Materials | COM | 573284106 |  | 341485916 | 1010403 | SH |  | SOLE |  | 950945 | 0 | 59458 |
| Mastercard Inc Cl A | COM | 57636Q104 |  | 868541752 | 2497748 | SH |  | SOLE |  | 2359168 | 0 | 138579 |
| McCormick Inc | COM | 579780206 |  | 3730050 | 45000 | SH |  | SOLE |  | 38200 | 0 | 6800 |
| McDonalds Corp | COM | 580135101 |  | 514411 | 1952 | SH |  | SOLE |  | 1952 | 0 | 0 |
| Merck Inc | COM | 58933Y105 |  | 407517 | 3673 | SH |  | SOLE |  | 3673 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 547989 | 2285 | SH |  | SOLE |  | 1800 | 0 | 485 |
| MillerKnoll Inc | COM | 600544100 |  | 327756 | 15600 | SH |  | SOLE |  | 10500 | 0 | 5100 |
| Mondelez International Inc | COM | 609207105 |  | 293260 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| Nestle SA Sponsored ADR | COM | 641069406 |  | 953611793 | 8267832 | SH |  | SOLE |  | 7865987 | 0 | 401846 |
| Netflix Inc | COM | 64110L106 |  | 315687617 | 1070563 | SH |  | SOLE |  | 1025968 | 0 | 44595 |
| Oracle Corp | COM | 68389X105 |  | 326960 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| Outfront Media Inc | COM | 69007J106 |  | 3681672 | 222055 | SH |  | SOLE |  | 215137 | 0 | 6918 |
| Pepsico Inc | COM | 713448108 |  | 3572913 | 19777 | SH |  | SOLE |  | 19136 | 0 | 641 |
| Pernod-Ricard SA Unsponsored A | COM | 714264306 |  | 1267515 | 32317 | SH |  | SOLE |  | 32008 | 0 | 309 |
| Philip Morris International In | COM | 718172109 |  | 653634164 | 6458197 | SH |  | SOLE |  | 6189461 | 0 | 268736 |
| Pioneer Nat Res | COM | 723787107 |  | 548136 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| PNC Bank Corp | COM | 693475105 |  | 1779668 | 11268 | SH |  | SOLE |  | 11268 | 0 | 0 |
| Procter  Gamble | COM | 742718109 |  | 5452674 | 35977 | SH |  | SOLE |  | 34091 | 0 | 1886 |
| Truist Financial Corp | COM | 89832Q109 |  | 469759 | 10917 | SH |  | SOLE |  | 10917 | 0 | 0 |
| Unilever PLC ADR | COM | 904767704 |  | 275064870 | 5463056 | SH |  | SOLE |  | 5196075 | 0 | 266981 |
| Union Pac Corp | COM | 907818108 |  | 3842387 | 18556 | SH |  | SOLE |  | 18556 | 0 | 0 |
| Visa Inc Cl A | COM | 92826C839 |  | 72032677 | 346711 | SH |  | SOLE |  | 312175 | 0 | 34536 |
| Vulcan Materials | COM | 929160109 |  | 9659418 | 55162 | SH |  | SOLE |  | 50118 | 0 | 5044 |
| Wal Mart Stores Inc | COM | 931142103 |  | 493429 | 3480 | SH |  | SOLE |  | 3480 | 0 | 0 |
| Wells Fargo | COM | 949746101 |  | 31635617 | 766181 | SH |  | SOLE |  | 684750 | 0 | 81431 |
| Anheuser-Busch InBev SA | COM | B639CJ108 |  | 36738371 | 611754 | SH |  | SOLE |  | 566062 | 0 | 45692 |
| Ashtead Group PLC | COM | G05320109 |  | 294773467 | 5191787 | SH |  | SOLE |  | 4962235 | 0 | 229552 |
| Carlsberg B A/S | COM | K36628137 |  | 3779531 | 28526 | SH |  | SOLE |  | 22469 | 0 | 6057 |
| Cir SPA | COM | T2R765103 |  | 116510 | 251250 | SH |  | SOLE |  | 251250 | 0 | 0 |
| Compagnie Financiere Richemont | COM | H25662182 |  | 729211791 | 5626912 | SH |  | SOLE |  | 5370170 | 0 | 256742 |
| Davide Campari-Milano NV | COM | N24565108 |  | 8225763 | 812678 | SH |  | SOLE |  | 704801 | 0 | 107877 |
| Diageo PLC | COM | G42089113 |  | 849622 | 19351 | SH |  | SOLE |  | 19351 | 0 | 0 |
| Hanjaya Mandala Sampoerna | COM | Y7121Z146 |  | 269793 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| Heineken Holding NV | COM | N39338194 |  | 633890381 | 8243545 | SH |  | SOLE |  | 7878091 | 0 | 365454 |
| Heineken NV | COM | N39427211 |  | 3792959 | 40441 | SH |  | SOLE |  | 37541 | 0 | 2900 |
| JC Decaux SA ACT | COM | F5333N100 |  | 198573 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| Lindt  Spruengli AG - Reg | COM | H49983176 |  | 1950930 | 19 | SH |  | SOLE |  | 19 | 0 | 0 |
| Loreal SA | COM | F58149133 |  | 2782766 | 7816 | SH |  | SOLE |  | 7466 | 0 | 350 |
| LT Group Inc | COM | Y5342M100 |  | 293033 | 1775000 | SH |  | SOLE |  | 1775000 | 0 | 0 |
| Nestle SA-REG | COM | H57312649 |  | 4617025 | 39870 | SH |  | SOLE |  | 39810 | 0 | 60 |
| Pernod Ricard | COM | F72027109 |  | 576114478 | 2937753 | SH |  | SOLE |  | 2810288 | 0 | 127465 |
| Reckitt Benckiser Group PLC | COM | G74079107 |  | 382758 | 5530 | SH |  | SOLE |  | 2880 | 0 | 2650 |
| Unilever PLC | COM | G92087165 |  | 2200968 | 44000 | SH |  | SOLE |  | 44000 | 0 | 0 |
| Swiss Helvetia FD Inc | COM | 870875101 |  | 1921340 | 254146 | SH |  | SOLE |  | 254146 | 0 | 0 |
| Compagnie Financiere Richemont | WTS | H25663123 |  | 11158232 | 13407268 | SH |  | SOLE |  | 12826294 | 0 | 580974 |

---