GARDNER RUSSO & GARDNER LLC Information

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

Report Date: 06/30/2015

Position Statistics

Total Positions 111
New Positions 1
Increased Positions 36
Decreased Positions 50
Positions with Activity 86
Sold Out Positions 2
Total Mkt Value (in $ millions) 11,053

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

Sector Weighting

Basic Materials 0.22%
Capital Goods 3.2%
Conglomerates
Consumer Cyclical 6.12%
Consumer/Non-Cyclical 57.75%
Energy 0.19%
Financial 28.54%
Healthcare 0.09%
Services 3.75%
Technology 0.05%
Transportation 0.02%
Utilities 0%

36 INCREASED Positions as of 06/30/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
NESTLE S A SPONSORED ADR 1,166,782 16,132 1.40 15,842,688
BERKSHIRE HATHAWAY INC DEL CL A 1,033,313 7,696 .75 5,102
MASTERCARD INC CL A 926,672 1,079 .12 10,032,175
PHILIP MORRIS INTL INC COM 832,181 26,701 3.32 10,428,329
HEINEKEN HOLDINGS SHS 753,002 4,139 .55 10,903,597
CIE FINANCIERE RICHEMONT AG ZU SHS NEW 626,735 17,889 2.94 8,378,806
PERNOD RICARD ACT ORD 581,059 11,124 1.95 5,573,710
UNILEVER N V N Y SHS NEW 575,097 6,274 1.10 14,334,418
SABMILLER PLC SHS 567,362 12,064 2.17 12,110,171
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 566,888 1,875 .33 5,205,103
MARTIN MARIETTA MATLS INC COM 351,777 2,991 .86 2,096,408
BERKSHIRE HATHAWAY INC DEL CL B NEW 331,419 520 .16 2,472,536
DIAGEO PLC ORD 249,741 5,167 2.11 9,276,448
JC DECAUX S A ACT 104,023 19,754 23.44 2,870,395
BROWN FORMAN CORP CL B 50,760 4,950 10.81 517,433
DIAGEO P L C SPON ADR NEW 49,442 347 .71 464,807
SWATCH GROUP AG AKT 40,943 11,282 38.04 105,010
VISA INC COM CL A 38,725 6,015 18.39 543,124
AMERICAN EXPRESS CO COM 11,745 1,925 19.61 153,088
FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 11,310 1,717 17.90 127,035