Tom Russo's Strategic Moves: Reducing JPMorgan Chase & Co Stake

Tom Russo, a finance expert with experience at Bloomberg, has recently submitted a 13F filing for Q2 2025, revealing his investment moves. Russo added Deliveroo PLC and Zalando SE to his portfolio, increased stakes in Uber Technologies Inc and DoorDash Inc, and reduced positions in JPMorgan Chase & Co and Berkshire Hathaway Inc. Russo's investment philosophy emphasizes return on invested capital and stock selection based on value and price.

Finance expert Tom Russo, formerly of Bloomberg, has recently submitted his 13F filing for the second quarter of 2025, offering insights into his investment activities during this period. Russo, who serves as the Managing Member of Gardner Russo & Quinn LLC and Semper Vic Partners GP, LP, oversees more than $8 billion in assets. His investment philosophy emphasizes return on invested capital, with a focus on value and price in stock selection.

New Additions and Increases
Russo added two new stocks to his portfolio during Q2 2025:
- Deliveroo PLC (LSE:ROO): Russo purchased 390,000 shares, accounting for 0.01% of his portfolio and a total value of £940,070.
- Zalando SE (XTER:ZAL): Russo bought 26,000 shares, representing approximately 0.01% of his portfolio, with a total value of £853,040.

Additionally, Russo increased stakes in two notable companies:
- Uber Technologies Inc (NYSE:UBER): Russo added 465,047 shares, bringing his total to 4,896,722 shares, a significant 10.49% increase.
- DoorDash Inc (NASDAQ:DASH): Russo increased his position by 173,095 shares, bringing his total to 966,760 shares, a substantial 21.81% increase.

Reductions
Russo also reduced his positions in four stocks:
- JPMorgan Chase & Co (NYSE:JPM): Russo sold 469,654 shares, resulting in a -45.01% decrease in shares and a -1.29% impact on his portfolio.
- Berkshire Hathaway Inc (NYSE:BRK.A): Russo sold 33 shares, resulting in a -1.99% reduction in shares and a -0.3% impact on his portfolio.

Investment Philosophy
Russo's investment approach emphasizes companies with strong cash-flow characteristics and a history of producing high rates of return on assets. His focus on value and price is evident in his stock selection, as seen in his Q2 2025 moves.

References
[1] https://au.finance.yahoo.com/news/tom-russos-strategic-moves-significant-080036296.html