GARDNER RUSSO & GARDNER LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 112
New Positions 2
Increased Positions 32
Decreased Positions 52
Positions with Activity 84
Sold Out Positions 3
Total Mkt Value (in $ millions) 11,141

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

Sector Weighting

Basic Materials 0.23%
Capital Goods 2.63%
Conglomerates
Consumer Cyclical 6.27%
Consumer/Non-Cyclical 57.71%
Energy 0.22%
Financial 28.58%
Healthcare 0.08%
Services 4.16%
Technology 0.05%
Transportation 0.03%
Utilities 0%

112 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
PHILIP MORRIS INTL INC COM 758,221 -29,068 (3.69) 9,873,952
ALTRIA GROUP INC COM 349,559 -8,277 (2.31) 6,943,963
GRAHAM HLDGS CO COM 61,958 -7,045 (10.21) 59,404
BERKSHIRE HATHAWAY INC DEL CL A 1,098,020 -4,774 (0.43) 5,060
COMCAST CORP NEW CL A SPL 258,640 -3,812 (1.45) 4,646,790
DEERE & CO COM -2,485 Sold Out 0
WELLS FARGO & CO NEW COM 790,558 -1,645 (0.21) 14,607,509
SCRIPPS NETWORKS INTERACT INC CL A COM 86,480 -1,632 (1.85) 1,255,149
BROWN FORMAN CORP CL A 253,528 -1,402 (0.55) 2,816,975
BERKSHIRE HATHAWAY INC DEL CL B NEW 352,400 -1,194 (0.34) 2,449,094
MARKEL CORP COM 12,622 -1,089 (7.94) 16,521
GOLDMAN SACHS GROUP INC COM 3,548 -757 (17.58) 18,868
PROCTER & GAMBLE CO COM 9,255 -664 (6.69) 112,437
BROWN FORMAN CORP CL B 38,169 -548 (1.42) 426,850
PROGRESSIVE CORP OHIO COM -544 Sold Out 0
PRAXAIR INC COM 1,430 -451 (23.96) 11,900
MILLER HERMAN INC COM 9,126 -336 (3.55) 333,204
CHEVRON CORP NEW COM 4,654 -292 (5.9) 44,630
SWEDISH MATCH CORP ORD 9,798 -280 (2.78) 328,024
PNC FINL SVCS GROUP INC COM 1,744 -230 (11.66) 18,944