GARDNER RUSSO & GARDNER LLC Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 111
New Positions 1
Increased Positions 42
Decreased Positions 38
Positions with Activity 80
Sold Out Positions 1
Total Mkt Value (in $ millions) 11,011

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

Sector Weighting

Basic Materials 0.24%
Capital Goods 2.05%
Conglomerates
Consumer Cyclical 6.33%
Consumer/Non-Cyclical 56.62%
Energy 0.25%
Financial 29.87%
Healthcare 0.09%
Services 4.41%
Technology 0.05%
Transportation 0.02%
Utilities 0%

111 Positions as of 09/30/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
JC DECAUX S A ACT 51,152 377 .74 1,472,010
STE BIC ACT 2,745 -69 (2.45) 20,925
COMPAGNIE FIN RICHEMONTAG SWI ADR 1,712 147 9.41 188,875
PERNOD RICARD S A ADR 1,542 114 7.97 68,050
SWATCH GROUP AG AKT 28,988 797 2.83 63,563
UNILEVER NV CERT OF SHS 1,408 New 35,500
BERKSHIRE HATHAWAY INC DEL CL A 1,156,816 2,276 .20 5,082
BROWN FORMAN CORP CL A 251,843 -1,328 (0.53) 2,832,558
COMCAST CORP NEW CL A 2,081 New 35,949
GOOGLE INC CL A 476 -77 (13.84) 884
LAMAR ADVERTISING CO NEW CL A 836 -350 (29.49) 15,360
MASTERCARD INC CL A 872,529 5,892 .68 9,956,963
SCRIPPS NETWORKS INTERACT INC CL A COM 99,352 -49 (0.05) 1,278,832
COMCAST CORP NEW CL A SPL 271,128 -832 (0.31) 4,715,276
BROWN FORMAN CORP CL B 38,972 65 .17 432,976
BERKSHIRE HATHAWAY INC DEL CL B NEW 372,909 3,829 1.04 2,457,392
GOOGLE INC CL C 461 -75 (14.05) 869
ABBOTT LABS COM 3,955 New 86,503
ABBVIE INC COM 5,584 New 86,777
ALTRIA GROUP INC COM 359,187 -1,253 (0.35) 7,108,388