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) 11,517

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 2.56%
Conglomerates
Consumer Cyclical 6.38%
Consumer/Non-Cyclical 57.93%
Energy 0.22%
Financial 28.18%
Healthcare 0.08%
Services 4.29%
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 811,343 -31,105 (3.69) 9,873,952
ALTRIA GROUP INC COM 387,404 -9,173 (2.31) 6,943,963
GRAHAM HLDGS CO COM 62,579 -7,116 (10.21) 59,404
BERKSHIRE HATHAWAY INC DEL CL A 1,101,117 -4,787 (0.43) 5,060
COMCAST CORP NEW CL A SPL 278,343 -4,102 (1.45) 4,646,790
DEERE & CO COM -2,570 Sold Out 0
SCRIPPS NETWORKS INTERACT INC CL A COM 92,417 -1,744 (1.85) 1,255,149
WELLS FARGO & CO NEW COM 800,784 -1,666 (0.21) 14,607,509
BROWN FORMAN CORP CL A 256,148 -1,417 (0.55) 2,816,975
BERKSHIRE HATHAWAY INC DEL CL B NEW 354,923 -1,203 (0.34) 2,449,094
MARKEL CORP COM 12,345 -1,065 (7.94) 16,521
GOLDMAN SACHS GROUP INC COM 3,579 -763 (17.58) 18,868
PROCTER & GAMBLE CO COM 9,484 -680 (6.69) 112,437
BROWN FORMAN CORP CL B 38,587 -554 (1.42) 426,850
PROGRESSIVE CORP OHIO COM -532 Sold Out 0
PRAXAIR INC COM 1,520 -479 (23.96) 11,900
MILLER HERMAN INC COM 9,633 -354 (3.55) 333,204
SWEDISH MATCH CORP ORD 10,553 -302 (2.78) 328,024
CHEVRON CORP NEW COM 4,693 -294 (5.9) 44,630
PNC FINL SVCS GROUP INC COM 1,744 -230 (11.66) 18,944