Russo Still Likes Berkshire, Tobacco, Mastercard, Wells Fargo

Thomas Russo of Gardner Russo & Gardner sits atop a $6 billion stock portfolio and has added major names. Russo Traditional holdings The portfolio’s biggest love affair is with its long time sweetheart Nestle SA (VTX:NESN), which accounts for 10.65% of the portfolio, just over 14.6 million shares.  This allocation, which he has held since 1987, increased by 0.39% in the quarter at an executed price of $75.34. The fund’s oldest holding, Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B), which was acquired in 1982, has an allocation of 9.26% in the portfolio with just over 5,000 shares.  Russo upped the ante with…