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Thomas Russo's Gardner Russo & Quinn exited its entire XOM-OLD position, held for more than 13 years.

Sold out of a position that was 193,950 shares worth $32.91M as of the previous filing.
Published · Based on SEC filings

High impact
Position exited
2026 Q2

Thomas Russo's Gardner Russo & Quinn sold its entire Exxon Mobil Corp (XOM-OLD) position in 2026 Q2, according to the 13F-HR filed with the SEC on August 13, 2026. The prior filing listed 194K shares worth about $32.9M, 0.39% of the portfolio; the 2026 Q2 filing lists none. XOM-OLD had been in the portfolio for 13 years, since at least the quarter ended June 30, 2013.

What did the 2026 Q2 filing report for XOM-OLD?

As of June 30, 2026, from the 13F-HR filed August 13, 2026.

Before After
Shares 194K 0
Reported value $32.9M $0
Portfolio weight 0.39% 0%
Held since at least 2013 Q2 sold out in 2026 Q2
Quarters held 52

What did Thomas Russo sell?

Thomas Russo sold 194K shares of XOM-OLD between the quarter ended March 31, 2026 and June 30, 2026. The XOM-OLD exit was the 4th largest of the quarter's 55 position changes by percent change to portfolio.

Where does XOM-OLD sit in the Thomas Russo portfolio?

Before the sale, XOM-OLD carried 0.39% of the Thomas Russo portfolio, below the fund's average stock position of 1%. The largest stock position is GOOG at 12.07%. Next come BRK-A at 12.01% and PM at 9.18%. The three largest stocks together are 33.26% of the book. Across the 2026 Q2 portfolio, Thomas Russo reported 85 stock positions, with 1 opened and 2 closed. The total portfolio value is about $8.9B, up 5% from the prior quarter.

Thomas Russo buys and sells, 2026 Q2

How long has Thomas Russo held XOM-OLD?

Thomas Russo held XOM-OLD for 13 years, since at least the quarter ended June 30, 2013 to March 31, 2026. The weight peaked at 0.39% in 2026 Q1. The share count had been unchanged the quarter before. Every reported trade is on the Thomas Russo XOM-OLD trade history page.

Thomas Russo shares of XOM-OLD by quarter

Did other funds buy or sell XOM-OLD in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 13, 2026, 5 still hold XOM-OLD. The largest sellers were Richard Pzena, Christopher Bloomstran and Kahn Brothers Group. Every tracked holder of XOM-OLD is on the XOM-OLD ownership page.

FAQ

How many XOM-OLD shares did Thomas Russo sell?

Thomas Russo sold all 194K shares of XOM-OLD it reported a quarter earlier, worth about $32.9M.

When did Thomas Russo first buy XOM-OLD?

Thomas Russo has held XOM-OLD since at least the quarter ended June 30, 2013, the start of the filings we track.

How much of the Thomas Russo portfolio was XOM-OLD?

XOM-OLD was 0.39% of the Thomas Russo portfolio at the prior quarter-end, and 0% after the sale.

Did other funds sell XOM-OLD in 2026 Q2?

No other tracked fund sold out of XOM-OLD in 2026 Q2, but 4 trimmed it; 5 still hold it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst

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