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Gardner Russo & Quinn
GARDNER RUSSO & QUINN LLC is an SEC-registered investment adviser in LANCASTER, PA, since 1992. The firm manages approximately $9.4 billion in assets.
Gardner Russo & Quinn
GARDNER RUSSO & QUINN LLC is an SEC-registered investment adviser in LANCASTER, PA, since 1992. The firm manages approximately $9.4 billion in assets. It has 47 employees and 8 investment advisers.
General information
Firm type
Asset Manager
Location
Region
North America
Country
United States
City
Lancaster
Corporate office
Lancaster, PA, United States
Principals
Thomas O. Gardner
Managing Partner
Robert D. Russo
Managing Partner
Robert T. Quinn
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Gardner Russo & Quinn?
The firm is run by its three named managing partners: Thomas O. Gardner, Robert D. Russo, and Robert T. Quinn. Each participates in portfolio management and the firm's concentrated investment process (per the firm's website).
How concentrated is the portfolio at Gardner Russo & Quinn?
The firm typically holds fewer than 20 stocks, which is far more concentrated than the average equity manager. It aims to hold high-quality businesses for the very long term, often for decades, and reports very low annual turnover.
What investment philosophy does the firm follow?
Gardner Russo & Quinn follows a value-oriented, long-term investment philosophy. It targets companies with durable competitive moats, high returns on capital, and strong management teams, avoiding short-term trading.
Does Gardner Russo & Quinn accept capital from outside investors?
The firm serves a small number of wealthy families, likely structured as a registered investment advisor with limited partners. It does not publicly market to individual retail investors.
What sectors does the firm typically invest in?
Based on its known portfolio, the firm concentrates in consumer staples, financial services, and healthcare. It avoids technology, energy, and other cyclical or capital-intensive industries.
Does the firm use leverage or derivative strategies?
There is no public indication that Gardner Russo & Quinn uses leverage, derivatives, or short positions. Its approach appears to be long-only, concentrated, and buy-and-hold.
How is Gardner Russo & Quinn related to other Lancaster-based value investors?
The firm is independent and based in Lancaster, Pennsylvania, a city also known for the value investing principles popularized by Warren Buffett and Charlie Munger. It is not formally affiliated with Berkshire Hathaway or any other Lancaster-based firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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