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Value Investor Tom Russo Buys More Philip Morris International, Nestle, Wells Fargo, Berkshire Hathaway

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Renowned value investor Tom Russo made most of his money by investing in companies that produce food, drinks, cigarettes, as well as Berkshire Hathaway. He loves high-quality companies with family-oriented management. Over the past five years, his fund Semper Vic Partners averaged 6.8% a year, while the S&P500 gained just 1.5% a year.

Though a value investor, Tom Russo loves growth. He prefers to pay 50 cents on a dollar that grows. To understand more about how he invests, read Transcript of Tom Russo’s Talk at Value Investor Conference.

Tom Russo buys more Philip Morris International Inc., Nestle SA, Wells Fargo & Co., Berkshire Hathaway Inc, Anheuser-Busch Inbev SA, Pernod Ricard NV, MasterCard Incorporated, Unilever NV, Compagnie Financiere Richemont SA, Altria Group Inc., etc., for the quarter ended on 03/31/2013, according to the most recent filings of his investment company, Gardner Russo & Gardner. As of 03/31/2013, Gardner Russo & Gardner owns 255 stocks with a total value of $8.5 billion. These are the details of the buys and sells that have the impact to portfolio of more than 0.1%.

For the details of Tom Russo's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Tom+Russo

This is the sector weightings of his portfolio:

Consumer Defensive 46.2%
Financial Services 23.6%
Consumer Cyclical 8.7%
Communication Services 2.1%
Basic Materials 2%
Industrials 0.4%
Energy 0.3%
Technology 0.1%


These are the top 5 holdings of Tom Russo

  1. Nestle SA (NSRGY) - 12,691,576 shares, 10.8% of the total portfolio. Shares added by 6.8%
  2. Philip Morris International, Inc. (PM) - 8,823,806 shares, 9.6% of the total portfolio. Shares added by 10.31%
  3. Berkshire Hathaway Inc (BRK.A) - 4,833 shares, 8.8% of the total portfolio. Shares added by 4.75%
  4. HEINEKEN HOLDING NV ORD (HKHHF) - 9,556,340 shares, 7.2% of the total portfolio. Shares added by 3.57%
  5. Compagnie Financiere Richemont SA (CFR) - 7,325,847 shares, 6.7% of the total portfolio. Shares added by 4.9%


Added: Philip Morris International, Inc. (PM)

Tom Russo added to his holdings in Philip Morris International, Inc. by 10.31%. His purchase prices were between $83.64 and $93.42, with an estimated average price of $89.89. The impact to his portfolio due to this purchase was 0.9%. His holdings were 8,823,806 shares as of 03/31/2013.

Added: Nestle SA (NSRGY)

Tom Russo added to his holdings in Nestle SA by 6.8%. His purchase prices were between $65.17 and $73.35, with an estimated average price of $69.52. The impact to his portfolio due to this purchase was 0.69%. His holdings were 12,691,576 shares as of 03/31/2013.

Added: Wells Fargo & Co (WFC)

Tom Russo added to his holdings in Wells Fargo & Co by 8.81%. His purchase prices were between $34.18 and $38.2, with an estimated average price of $35.63. The impact to his portfolio due to this purchase was 0.45%. His holdings were 12,684,283 shares as of 03/31/2013.

Added: Berkshire Hathaway Inc (BRK.A)

Tom Russo added to his holdings in Berkshire Hathaway Inc by 4.75%. His purchase prices were between $134060 and $156280, with an estimated average price of $148503. The impact to his portfolio due to this purchase was 0.4%. His holdings were 4,833 shares as of 03/31/2013.

Added: Anheuser-Busch Inbev SA (BUD)

Tom Russo added to his holdings in Anheuser-Busch Inbev SA by 8.29%. His purchase prices were between $84.29 and $99.55, with an estimated average price of $91.82. The impact to his portfolio due to this purchase was 0.38%. His holdings were 4,310,388 shares as of 03/31/2013.

Added: Pernod Ricard NV (PDRDF)

Tom Russo added to his holdings in Pernod Ricard NV by 6.34%. His purchase prices were between $114.18 and $131.2, with an estimated average price of $124.82. The impact to his portfolio due to this purchase was 0.35%. His holdings were 3,947,008 shares as of 03/31/2013.

Added: MasterCard Incorporated (MA)

Tom Russo added to his holdings in MasterCard Incorporated by 6.04%. His purchase prices were between $491.28 and $541.13, with an estimated average price of $520.59. The impact to his portfolio due to this purchase was 0.34%. His holdings were 943,961 shares as of 03/31/2013.

Added: Unilever NV (UN)

Tom Russo added to his holdings in Unilever NV by 8.15%. His purchase prices were between $37.95 and $41.19, with an estimated average price of $39.55. The impact to his portfolio due to this purchase was 0.32%. His holdings were 8,927,405 shares as of 03/31/2013.

Added: Altria Group Inc. (MO)

Tom Russo added to his holdings in Altria Group Inc. by 5.36%. His purchase prices were between $31.44 and $35.32, with an estimated average price of $33.75. The impact to his portfolio due to this purchase was 0.15%. His holdings were 7,358,505 shares as of 03/31/2013.

Added: (BATS)

Tom Russo added to his holdings in by 5.04%. His purchase prices were between $30.91 and $36.28, with an estimated average price of $33.5. The impact to his portfolio due to this purchase was 0.14%. His holdings were 4,628,490 shares as of 03/31/2013.

Added: Berkshire Hathaway Inc (BRK.B)

Tom Russo added to his holdings in Berkshire Hathaway Inc by 5.22%. His purchase prices were between $89.7 and $104.2, with an estimated average price of $98.85. The impact to his portfolio due to this purchase was 0.13%. His holdings were 2,192,268 shares as of 03/31/2013.

Added: Brown-Forman Corporation (BF.B)

Tom Russo added to his holdings in Brown-Forman Corporation by 98.97%. His purchase prices were between $61.71 and $71.4, with an estimated average price of $65.77. The impact to his portfolio due to this purchase was 0.11%. His holdings were 263,691 shares as of 03/31/2013.

Here is the complete portfolio of Tom Russo. Also check out:

1. Tom Russo's Undervalued Stocks

2. Tom Russo's Top Growth Companies, and

3. Tom Russo's High Yield stocks

4. Stocks that Tom Russo keeps buying


Rating: 2.5/5 (2 votes)

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