GARDNER RUSSO & GARDNER LLC Information

223 EAST CHESTNUT STREET, LANCASTER, Pennsylvania, 17602, (717) 299-1385

Report Date: 03/31/2015

Position Statistics

Total Positions 114
New Positions 3
Increased Positions 44
Decreased Positions 42
Positions with Activity 86
Sold Out Positions 3
Total Mkt Value (in $ millions) 11,680

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.2%
Capital Goods 2.82%
Conglomerates
Consumer Cyclical 6.2%
Consumer/Non-Cyclical 57.84%
Energy 0.2%
Financial 28.56%
Healthcare 0.09%
Services 3.94%
Technology 0.05%
Transportation 0.02%
Utilities 0%

86 Activity Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
NESTLE S A SPONSORED ADR 1,177,241 18,423 1.59 15,623,641
BERKSHIRE HATHAWAY INC DEL CL A 1,085,316 857 .08 5,064
MASTERCARD INC CL A 969,282 3,696 .38 10,020,489
PHILIP MORRIS INTL INC COM 862,509 18,780 2.23 10,093,731
WELLS FARGO & CO NEW COM 850,945 4,294 .51 14,681,593
HEINEKEN HOLDINGS SHS 758,081 7,982 1.06 10,843,664
CIE FINANCIERE RICHEMONT AG ZU SHS NEW 682,510 18,859 2.84 8,139,652
PERNOD RICARD ACT ORD 653,581 20,347 3.21 5,467,006
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 648,953 5,077 .79 5,187,889
UNILEVER N V N Y SHS NEW 633,333 7,934 1.27 14,178,046
SABMILLER PLC SHS 624,043 9,736 1.59 11,852,678
ALTRIA GROUP INC COM 356,589 -21,162 (5.6) 6,554,948
BERKSHIRE HATHAWAY INC DEL CL B NEW 352,820 2,796 .80 2,468,657
MARTIN MARIETTA MATLS INC COM 327,127 4,826 1.50 2,078,583
BROWN FORMAN CORP CL A 325,242 -1,133 (0.35) 2,807,200
COMCAST CORP NEW CL A SPL 278,368 -11,127 (3.84) 4,468,193
BRITISH AMERICAN TOBACCO PLC ORD 275,513 5,361 1.99 4,986,657
DIAGEO PLC ORD 258,909 12,995 5.28 9,084,513
JC DECAUX S A ACT 94,965 34,768 57.76 2,325,297
SCRIPPS NETWORKS INTERACT INC CL A COM 79,058 1,327 1.71 1,276,570