GARDNER RUSSO & QUINN LLC: HEINEKEN HOLDING NV (HKHHF): Quarterly 13F Position History
As of Q1 2026, GARDNER RUSSO & QUINN LLC reported 9,101,528 shares of HEINEKEN HOLDING NV (HKHHF), worth $643.4M and representing 7.6% of its 13F equity book. Quarter-over-quarter share count change: 98,748 (-1.1%) . The position first appeared in Q1 2016 and has been disclosed across 41 13F-HR filings in Pactolio's tracked window.
- 9,101,528Shares Held (Latest Filing)
- $643.4MReported Market Value (Latest Filing)
- 7.6%Portfolio Weight (% of 13F Equity Book)
- 98,748Quarter-over-Quarter Share Change
- -$30.9MQuarter-over-Quarter Value Change
- 11,150,922Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 9,101,528 | 98,748 | -1.1% | $643.4M | 7.6% | $70.7 |
| Q4 2025 | 9,200,276 | 85,630 | -0.9% | $674.2M | 7.3% | $73.3 |
| Q3 2025 | 9,285,906 | +855,260 | +10.1% | $636.7M | 6.8% | $68.6 |
| Q2 2025 | 8,430,646 | +290,808 | +3.6% | $625.9M | 6.7% | $74.2 |
| Q1 2025 | 8,139,838 | +279,676 | +3.6% | $588.2M | 6.6% | $72.3 |
| Q4 2024 | 7,860,162 | 302,301 | -3.7% | $470.9M | 5.3% | $59.9 |
| Q3 2024 | 8,162,463 | +180,125 | +2.3% | $617.6M | 6.3% | $75.7 |
| Q2 2024 | 7,982,338 | +157,625 | +2.0% | $630.1M | 6.7% | $78.9 |
| Q1 2024 | 7,824,713 | 19,300 | -0.2% | $632.1M | 6.5% | $80.8 |
| Q4 2023 | 7,844,013 | 65,093 | -0.8% | $663.7M | 6.8% | $84.6 |
| Q3 2023 | 7,909,106 | 85,237 | -1.1% | $597.9M | 6.5% | $75.6 |
| Q2 2023 | 7,994,343 | 200,769 | -2.4% | $694.7M | 6.9% | $86.9 |
| Q1 2023 | 8,195,112 | 48,433 | -0.6% | $752.8M | 7.8% | $91.9 |
| Q4 2022 | 8,243,545 | +34,924 | +0.4% | $633.9M | 7.0% | $76.9 |
| Q3 2022 | 8,208,621 | 13,074 | -0.2% | $566.9M | 6.9% | $69.1 |
| Q2 2022 | 8,221,695 | 7,712 | -0.1% | $596.9M | 6.7% | $72.6 |
| Q1 2022 | 8,229,407 | +490,114 | +6.3% | $651.0M | 6.3% | $79.1 |
| Q4 2021 | 7,739,293 | +418,877 | +5.7% | $714.2M | 6.4% | $92.3 |
| Q3 2021 | 7,320,416 | 76,478 | -1.0% | $638.4M | 5.9% | $87.2 |
| Q2 2021 | 7,396,894 | 218,715 | -2.9% | $745.2M | 6.3% | $100.7 |
| Q1 2021 | 7,615,609 | 295,948 | -3.7% | $679.4M | 6.2% | $89.2 |
| Q4 2020 | 7,911,557 | 374,133 | -4.5% | $745.9M | 6.8% | $94.3 |
| Q3 2020 | 8,285,690 | 201,066 | -2.4% | $645.6M | 6.3% | $77.9 |
| Q2 2020 | 8,486,756 | 355,103 | -4.0% | $694.4M | 7.1% | $81.8 |
| Q1 2020 | 8,841,859 | 150,277 | -1.7% | $677.7M | 6.9% | $76.6 |
| Q4 2019 | 8,992,136 | 153,751 | -1.7% | $872.1M | 6.7% | $97.0 |
| Q3 2019 | 9,145,887 | 227,505 | -2.4% | $910.8M | 7.1% | $99.6 |
| Q2 2019 | 9,373,392 | 289,405 | -3.0% | $985.2M | 7.5% | $105.1 |
| Q1 2019 | 9,662,797 | 651,765 | -6.3% | $968.9M | 7.5% | $100.3 |
| Q4 2018 | 10,314,562 | 272,694 | -2.6% | $869.6M | 7.2% | $84.3 |
| Q3 2018 | 10,587,256 | +24,499 | +0.2% | $959.2M | 6.9% | $90.6 |
| Q2 2018 | 10,562,757 | 138,950 | -1.3% | $1.0B | 7.4% | $95.9 |
| Q1 2018 | 10,701,707 | 65,712 | -0.6% | $1.1B | 7.7% | $102.9 |
| Q4 2017 | 10,767,419 | 213,553 | -1.9% | $1.1B | 7.3% | $99.1 |
| Q3 2017 | 10,980,972 | 72,572 | -0.7% | $1.0B | 7.3% | $94.0 |
| Q2 2017 | 11,053,544 | 97,378 | -0.9% | $1.0B | 7.5% | $91.5 |
| Q1 2017 | 11,150,922 | +293,862 | +2.7% | $889.4M | 6.9% | $79.8 |
| Q4 2016 | 10,857,060 | +48,153 | +0.4% | $757.4M | 6.4% | $69.8 |
| Q3 2016 | 10,808,907 | 8,098 | -0.1% | $867.1M | 7.2% | $80.2 |
| Q2 2016 | 10,817,005 | 13,029 | -0.1% | $879.2M | 7.4% | $81.3 |
| Q1 2016 | 10,830,034 | — | — | $846.4M | 7.2% | $78.2 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did GARDNER RUSSO & QUINN LLC first disclose a HKHHF position in 13F-HR filings?
GARDNER RUSSO & QUINN LLC first reported HEINEKEN HOLDING NV (HKHHF) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was GARDNER RUSSO & QUINN LLC's most recent quarter-over-quarter share-count change in HKHHF?
Between Q4 2025 and Q1 2026, GARDNER RUSSO & QUINN LLC reduced its HKHHF position by 98,748 shares (-1.1%), leaving 9,101,528 shares at a market value of $643.4M.
Does the implied price-per-share represent GARDNER RUSSO & QUINN LLC's cost basis in HKHHF?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.