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) 11,538

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 2.55%
Conglomerates
Consumer Cyclical 6.36%
Consumer/Non-Cyclical 57.83%
Energy 0.21%
Financial 28.33%
Healthcare 0.08%
Services 4.27%
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
JC DECAUX S A ACT 53,844 72 .13 1,473,971
STE BIC ACT 2,878 -114 (3.82) 20,125
COMPAGNIE FIN RICHEMONTAG SWI ADR 1,640 -5 (0.3) 188,300
PERNOD RICARD S A ADR 1,502 -89 (5.58) 64,250
SWATCH GROUP AG AKT 32,844 4,235 14.80 72,971
UNILEVER NV CERT OF SHS 1,642 88 5.63 37,500
BERKSHIRE HATHAWAY INC DEL CL A 1,110,670 -4,829 (0.43) 5,060
BROWN FORMAN CORP CL A 256,739 -1,420 (0.55) 2,816,975
COMCAST CORP NEW CL A 2,180 11 .51 36,131
GOOGLE INC CL A 703 189 36.77 1,209
LAMAR ADVERTISING CO NEW CL A 878 -30 (3.26) 14,860
MASTERCARD INC CL A 926,456 2,350 .25 9,982,281
SCRIPPS NETWORKS INTERACT INC CL A COM 92,291 -1,741 (1.85) 1,255,149
COMCAST CORP NEW CL A SPL 278,110 -4,099 (1.45) 4,646,790
BROWN FORMAN CORP CL B 38,754 -556 (1.42) 426,850
BERKSHIRE HATHAWAY INC DEL CL B NEW 357,715 -1,212 (0.34) 2,449,094
GOOGLE INC CL C 673 173 34.52 1,169
ABBOTT LABS COM 4,051 -52 (1.28) 85,400
ABBVIE INC COM 4,931 -3 (0.07) 86,718
ALTRIA GROUP INC COM 385,390 -9,126 (2.31) 6,943,963