Carlsberg B A/S

Ticker: CABJF CUSIP: K36628137 Class: COM

GARDNER RUSSO & QUINN LLC's Holding History (CIK: 0000860643)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 23,091 Value ($000) $3,033 Avg Close $119.72 Range $113.17 - $130.35

Q3 2025

Shares 12,055 Value ($000) $1,402 Avg Close $125.36 Range $114.67 - $142.68

Q2 2025

Shares 11,967 Value ($000) $1,690 Avg Close $136.73 Range $114.06 - $151.25

Q1 2025

Shares 10,307 Value ($000) $1,308 Avg Close $111.44 Range $86.96 - $135.13

Q4 2024

Shares 18,138 Value ($000) $1,738 Avg Close $102.83 Range $89.73 - $119.66

Q3 2024

Shares 23,450 Value ($000) $2,800 Avg Close $114.27 Range $106.07 - $126.36

Q2 2024

Shares 24,390 Value ($000) $2,929 Avg Close $130.18 Range $113.64 - $142.86

Q1 2024

Shares 24,530 Value ($000) $3,351 Avg Close $125.81 Range $114.74 - $136.45

Q4 2023

Shares 24,526 Value ($000) $3,078 Avg Close $115.06 Range $108.33 - $125.10

Q3 2023

Shares 29,176 Value ($000) $3,693 Avg Close $137.17 Range $118.04 - $151.82

Q2 2023

Shares 29,246 Value ($000) $4,673 Avg Close $150.03 Range $137.45 - $160.37

Q1 2023

Shares 29,361 Value ($000) $4,552 Avg Close $130.98 Range $119.63 - $147.72

Q4 2022

Shares 28,526 Value ($000) $3,780 Avg Close $113.20 Range $103.58 - $125.77

Q3 2022

Shares 28,771 Value ($000) $3,388 Avg Close $116.12 Range $104.59 - $127.74

Q2 2022

Shares 32,756 Value ($000) $4,163 Avg Close $113.05 Range $105.19 - $122.58

Q1 2022

Shares 37,536 Value ($000) $4,660 Avg Close $133.44 Range $102.25 - $159.86

Q4 2021

Shares 34,382 Value ($000) $5,938 Avg Close $147.80 Range $134.04 - $158.28

Q3 2021

Shares 35,379 Value ($000) $5,787 Avg Close $157.99 Range $140.27 - $171.50

Q2 2021

Shares 22,291 Value ($000) $4,156 Avg Close $160.93 Range $136.56 - $173.27

Q1 2021

Shares 21,811 Value ($000) $3,359 Avg Close $137.88 Range $128.72 - $146.24

Q4 2020

Shares 22,006 Value ($000) $3,528 Avg Close $127.79 Range $109.21 - $142.17

Q3 2020

Shares 6,996 Value ($000) $943 Avg Close $123.07 Range $112.91 - $131.79

Q2 2020

Shares 5,859 Value ($000) $774 Avg Close $107.66 Range $91.31 - $125.08

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	23,091	$3,033	$119.72	$113.17 - $130.35
Q3 2025	12,055	$1,402	$125.36	$114.67 - $142.68
Q2 2025	11,967	$1,690	$136.73	$114.06 - $151.25
Q1 2025	10,307	$1,308	$111.44	$86.96 - $135.13
Q4 2024	18,138	$1,738	$102.83	$89.73 - $119.66
Q3 2024	23,450	$2,800	$114.27	$106.07 - $126.36
Q2 2024	24,390	$2,929	$130.18	$113.64 - $142.86
Q1 2024	24,530	$3,351	$125.81	$114.74 - $136.45
Q4 2023	24,526	$3,078	$115.06	$108.33 - $125.10
Q3 2023	29,176	$3,693	$137.17	$118.04 - $151.82
Q2 2023	29,246	$4,673	$150.03	$137.45 - $160.37
Q1 2023	29,361	$4,552	$130.98	$119.63 - $147.72
Q4 2022	28,526	$3,780	$113.20	$103.58 - $125.77
Q3 2022	28,771	$3,388	$116.12	$104.59 - $127.74
Q2 2022	32,756	$4,163	$113.05	$105.19 - $122.58
Q1 2022	37,536	$4,660	$133.44	$102.25 - $159.86
Q4 2021	34,382	$5,938	$147.80	$134.04 - $158.28
Q3 2021	35,379	$5,787	$157.99	$140.27 - $171.50
Q2 2021	22,291	$4,156	$160.93	$136.56 - $173.27
Q1 2021	21,811	$3,359	$137.88	$128.72 - $146.24
Q4 2020	22,006	$3,528	$127.79	$109.21 - $142.17
Q3 2020	6,996	$943	$123.07	$112.91 - $131.79
Q2 2020	5,859	$774	$107.66	$91.31 - $125.08