0000860643-12-000002.txt : 20120510 0000860643-12-000002.hdr.sgml : 20120510 20120510144350 ACCESSION NUMBER: 0000860643-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120510 DATE AS OF CHANGE: 20120510 EFFECTIVENESS DATE: 20120510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GARDNER RUSSO & GARDNER CENTRAL INDEX KEY: 0000860643 IRS NUMBER: 232673088 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02635 FILM NUMBER: 12829679 BUSINESS ADDRESS: STREET 1: 223 EAST CHESTNUT ST CITY: LANCASTER STATE: PA ZIP: 17602 BUSINESS PHONE: 7172991385 MAIL ADDRESS: STREET 1: GARDNER RUSSO & GARDNER CITY: LANCASTER STATE: PA ZIP: 17602 FORMER COMPANY: FORMER CONFORMED NAME: GARDNER INVESTMENTS DATE OF NAME CHANGE: 19990326 13F-HR 1 inftable.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [ ]; Amendment Number: ______ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Gardner Russo & Gardner Address: 223 East Chestnut Street Lancaster, PA 17602 Form 13F File Number: 028-2635 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Diana Crumay Title: Head Account Administrator Phone: (717) 299-1385 Signature, Place, and Date of Signing: Lancaster, PA May 10, 2012 ------------------------ ----------------------------- ------------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: None FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 252 Form 13F Information Table Value Total: 6,186,486 (thousands) List of Other Included Managers: None FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Aes TR III TR P CV SC 6.750% CONV 00808n202 175 3500 SH Sole 3500 Bank of America Corp 7.2500% C CONV 060505682 21 21 SH Sole 21 Micropore Inc C CV PFD CONV 595998816 25 2750 SH Sole 2750 Wells Fargo 7.5000% Conv Pfd S CONV 949746804 20 18 SH Sole 18 JPMorgan Chase Cap XXVI PFD 48124g104 95 3666 SH Sole 3666 Berner Gruppen PFD PFD r10549112 195 3701 SH Sole 701 3000 Eaton Vance Mut Fds TR FLT SH BEN INT 277923660 16 1467 SH Sole 1467 Eaton Vance Sr Income TR SF SH BEN INT 27826s103 1670 231614 SH Sole 223014 8600 Federated Capital Inc FD A SH BEN INT 31420c878 10 1316 SH Sole 1316 Federated Inc Secs USGVT A SH BEN INT 31420c704 15 1919 SH Sole 1919 Pimco High Yield Fun-Instl SH BEN INT 693390841 103 11116 SH Sole 11116 3M Company COM 88579y101 361 4050 SH Sole 1050 3000 A T & T Inc COM 00206r102 218 6975 SH Sole 6975 Abbott Labs COM 002824100 22650 369553 SH Sole 339553 30000 Acco Brands Corp COM 00081t108 0 14 SH Sole 14 ACNB Corp COM 000868109 13 881 SH Sole 881 Advance Auto Pts Inc COM 00751Y106 35 400 SH Sole 400 Alexion Pharmaceuticals COM 015351109 67 717 SH Sole 717 Alleghany Corp COM 017175100 153 465 SH Sole 228 237 Alliance One Internatl Inc COM 018772103 21 5500 SH Sole 5500 Altria Group Inc COM 02209s103 223320 7234216 SH Sole 6790069 444147 Amazon.com Inc COM 023135106 41 204 SH Sole 204 America Movil ADR COM 02364w105 30 1200 SH Sole 1200 American Express COM 025816109 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428 4225 SH Sole 4225 Brown-Forman Corp Cl A COM 115637100 146193 1790050 SH Sole 1665928 124122 Brown-Forman Corp Cl B COM 115637209 7883 94531 SH Sole 83710 10821 Burnham Hldgs Inc Cl A COM 122295108 15 1000 SH Sole 400 600 Campbell Soup COM 134429109 54 1600 SH Sole 1600 Carlisle Inc COM 142339100 541 10834 SH Sole 10834 Caterpillar Inc COM 149123101 83 775 SH Sole 775 Chevron Corp COM 166764100 6860 63985 SH Sole 62785 1200 Chubb Corp COM 171232101 7 100 SH Sole 100 Church & Dwight Inc COM 171340102 30 600 SH Sole 600 Churchill Downs Inc COM 171484108 6 100 SH Sole 100 CIE Financiere Richemont-Unsp COM 204319107 730 116550 SH Sole 116550 Cincinnati Finl Corp COM 172062101 5 150 SH Sole 150 Coca-Cola COM 191216100 6058 81849 SH Sole 64200 17649 Colgate Palmolive COM 194162103 24 250 SH Sole 250 Comcast Corp New Cl A COM 20030n101 691 23023 SH Sole 23023 Comcast Corp Special Cl A COM 20030n200 139751 4735715 SH Sole 4429705 306011 Conocophillips COM 20825c104 1342 17659 SH Sole 16559 1100 Constellation Brands Inc COM 21036p108 5 200 SH Sole 200 Corning Inc COM 219350105 25 1750 SH Sole 1750 Costco Whsl Corp COM 22160k105 1549 17055 SH Sole 16255 800 Crane COM 224399105 9189 189472 SH Sole 168292 21180 Danaher Corp COM 235851102 283 5051 SH Sole 4612 439 Danone ADR COM 23636T100 3103 222750 SH Sole 144500 78250 Deere & Co COM 244199105 827 10225 SH Sole 10000 225 Dentsply Intl Inc COM 249030107 40 1000 SH Sole 1000 Diageo PLC Sponsored ADR COM 25243q205 39986 414363 SH Sole 379381 34982 Discover Finl Svcs COM 254709108 93 2800 SH Sole 2500 300 Disney Walt Productions COM 254687106 525 12000 SH Sole 11150 850 Dover Corp COM 260003108 3920 62275 SH Sole 51375 10900 Du Pont E I De Nemours COM 263534109 1438 27184 SH Sole 27184 EMC Corp COM 268648102 67 2250 SH Sole 2250 Entergy Corp COM 29364g103 7 100 SH Sole 100 Expeditors Intl Wash Inc COM 302130109 140 3000 SH Sole 3000 Exxon Mobil Corp COM 30231g102 15369 177206 SH Sole 162483 14723 Fastenal COM 311900104 103 1900 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2200 Heineken NV Unspons ADR COM 423012202 855 30796 SH Sole 30796 Heinz H J Company COM 423074103 5 100 SH Sole 100 Herman Miller Inc COM 600544100 9771 425586 SH Sole 383036 42550 Hershey Foods Corp COM 427866108 34 555 SH Sole 555 Home Depot Inc COM 437076102 158 3150 SH Sole 3150 Honeywell Intl Inc COM 438516106 61 1000 SH Sole 1000 Hormel Foods Corp COM 440452100 4932 167089 SH Sole 143289 23800 I B M COM 459200101 2336 11196 SH Sole 10809 387 Imperial Tobacco PLC ADR COM 453142101 12 150 SH Sole 150 Intel Corp COM 458140100 34 1210 SH Sole 1210 Intuitive Surgical Inc COM 46120E602 60 111 SH Sole 111 J.P. 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14 5000 SH Sole 5000 McCormick Inc COM 579780206 3728 68498 SH Sole 57598 10900 McDonalds Corp COM 580135101 734 7480 SH Sole 7085 395 McKesson HBOC Inc COM 58155q103 37 425 SH Sole 425 Meadwestvaco Corp COM 583334107 44 1407 SH Sole 1407 Medco Health Solutions COM 58405u102 34 482 SH Sole 482 Medtronic Inc COM 585055106 82 2100 SH Sole 2100 Merck Inc COM 58933Y105 291 7586 SH Sole 7586 Microsoft Corp COM 594918104 2676 82973 SH Sole 81323 1650 Mirant Corp Escrow Shares COM 604675991 0 500 SH Sole 500 Modine Mfg COM 607828100 5 600 SH Sole 600 Mohawk Inds Inc COM 608190104 27 400 SH Sole 400 Monsanto COM 61166w101 203 2551 SH Sole 1725 826 Murphy Oil Corp COM 626717102 73 1300 SH Sole 1300 Mylan Labs Inc COM 628530107 82 3500 SH Sole 3500 National Penn Bancshares COM 637138108 41 4644 SH Sole 4644 Nestle SA-Spons ADR COM 641069406 664040 10566775 SH Sole 9788585 778190 Newell Rubbermaid Inc COM 651229106 4 250 SH Sole 250 News Corp Cl A COM 65248e104 12 625 SH Sole 625 News Corp Cl B COM 65248e203 80 4000 SH Sole 4000 Nextera Energy Inc COM 65339F101 116 1900 SH Sole 1900 Northern Trust Corp COM 665859104 237 5000 SH Sole 5000 Novartis AG ADR Sponsored COM 66987v109 7 125 SH Sole 125 Nuveen PA Invt Qual MUN FD COM 670972108 25 1630 SH Sole 1630 Omnicom Group COM 681919106 96 1900 SH Sole 1600 300 Oracle Corp COM 68389x105 62 2125 SH Sole 2125 Pepsico Inc COM 713448108 5529 83325 SH Sole 78166 5159 Pernod-Ricard SA-Unspon ADR COM 714264207 650 31130 SH Sole 31130 Pfizer Inc COM 717081103 43 1900 SH Sole 1900 Philip Morris International In COM 718172109 712105 8036391 SH Sole 7467725 568666 Pioneer Nat Res COM 723787107 446 4000 SH Sole 4000 PNC Bank Corp COM 693475105 2436 37767 SH Sole 34567 3200 Post Holdings COM 737446104 1 26 SH Sole 26 PPG Inds Inc COM 693506107 74 775 SH Sole 775 PPL Corp COM 69351t106 11 400 SH Sole 400 Praxair Inc COM 74005p104 3850 33580 SH Sole 30580 3000 Precision Castparts Corp COM 740189105 1141 6600 SH Sole 6600 Procter & Gamble COM 742718109 12476 185624 SH Sole 162024 23600 Progressive Corp Ohio COM 743315103 2740 118210 SH Sole 101932 16278 Ralcorp Hldgs Inc New COM 751028101 4 52 SH Sole 52 Renaissancere Hldgs LTD COM g7496g103 3 40 SH Sole 40 Reynolds American Inc COM 761713106 7 177 SH Sole 177 Rite Aid Corp COM 767754104 6 3500 SH Sole 3500 Royal Dutch Shell PLC ADR A COM 780259206 5074 72350 SH Sole 52700 19650 Royal Dutch Shell PLC ADR B COM 780259107 23 325 SH Sole 325 S Y Bancorp Inc COM 785060104 29 1271 SH Sole 1271 SABMiller PLC Sponsored ADR COM 78572m105 668 16650 SH Sole 16650 Schlumberger LTD COM 806857108 441 6309 SH Sole 6050 259 Schulman A Inc COM 808194104 13 467 SH Sole 467 Scotts Miracle-Gro Cl A COM 810186106 282 5200 SH Sole 2450 2750 Scripps Networks Interactive C COM 811065101 72988 1499030 SH Sole 1411571 87459 Siemens AG ADR COM 826197501 25 250 SH Sole 250 Smucker J M COM 832696405 41 506 SH Sole 506 Staples Inc COM 855030102 3526 217800 SH Sole 200850 16950 Susquehanna Bancshrs Inc COM 869099101 193 19581 SH Sole 19581 Swiss Helvetia FD Inc COM 870875101 336 30000 SH Sole 30000 Target Corp COM 87612e106 32 549 SH Sole 200 349 Tiffany COM 886547108 24 350 SH Sole 350 Tim Hortons Inc COM 88706m103 11 200 SH Sole 200 Time Warner Cable Inc Cl A COM 88732J207 10 123 SH Sole 123 Time Warner Inc COM 887317303 58 1549 SH Sole 1549 TJX Companies Inc COM 872540109 40 1000 SH Sole 1000 Tootsie Roll Inds Inc COM 890516107 37 1593 SH Sole 1593 Total S A-Spon ADR COM 89151e109 51 1000 SH Sole 1000 UNB Corp PA COM 903057107 12 105 SH Sole 105 Unilever NV ADR COM 904784709 243818 7164799 SH Sole 6652334 512465 Union Pac Corp COM 907818108 124 1150 SH Sole 1150 United Overseas BK LTD ADR COM 911271302 9 325 SH Sole 325 United Techn Corp COM 913017109 25 300 SH Sole 300 Unum Group COM 91529y106 130 5325 SH Sole 5325 US Bancorp COM 902973304 112 3539 SH Sole 600 2939 US Global Investors COM 902952100 49 6750 SH Sole 6750 Vectren Corp COM 92240g101 46 1599 SH Sole 1599 Verizon Communications COM 92343v104 44 1150 SH Sole 1150 Visa Inc Cl A COM 92826c839 9945 84282 SH Sole 78557 5725 Vodafone Group Inc COM 92857w209 1 50 SH Sole 50 Vulcan Materials COM 929160109 85 2000 SH Sole 2000 Wal Mart Stores Inc COM 931142103 1234 20163 SH Sole 17909 2254 Walgreen Company COM 931422109 69 2050 SH Sole 2050 Washington Post Cl B COM 939640108 47208 126371 SH Sole 119119 7252 Wellpoint Inc COM 94973v107 15 204 SH Sole 204 Wells Fargo COM 949746101 328153 9611987 SH Sole 8960851 651136 Whole Foods Mkt Inc COM 966837106 31 375 SH Sole 375 Yahoo Inc COM 984332106 3 200 SH Sole 200 Yum Brands Inc COM 988498101 157 2200 SH Sole 2200 Bank of America Corp WTS Exp 1 WTS 060505153 2 2000 SH Sole 2000 Citigroup Inc A WTS Exp 1/4/19 WTS 172967226 1 2000 SH Sole 2000 JP Morgan Chase & Co WTS Exp 1 WTS 46634e114 1343 100350 SH Sole 100350 Wells Fargo WTS Exp 10/28/18 WTS 949746119 1534 152500 SH Sole 152500 A P Moller-Maersk A/S COM k0514g135 1183 161 SH Sole 30 131 Anglo American PLC COM g03764134 373 10000 SH Sole 2500 7500 Bank of Montreal COM 063671101 9 157 SH Sole 157 Barrick Gold Corp COM 067901108 7 165 SH Sole 165 Barry Callebaut AG COM h05072105 300 300 SH Sole 100 200 Bayerische Motoren Werke AG COM d12096109 67 750 SH Sole 500 250 Baytex Energy Corp COM 07317Q105 74 1420 SH Sole 1420 Berner Gruppen COM r10549104 10198 116354 SH Sole 103104 13250 BIC COM f10080103 2818 28125 SH Sole 9325 18800 Bollore COM f10659112 56 270 SH Sole 270 British American Tobacco PLC COM g1510j102 217537 4321604 SH Sole 4018048 303556 CFAO COM f2015w102 58 1350 SH Sole 1350 Cir SPA COM t28980125 129 91000 SH Sole 91000 Compagnie Financiere Richemont COM h25662158 392159 6262418 SH Sole 5818382 444036 Daily Mail & Gen TST - A COM g26236128 31 4264 SH Sole 4264 Daimler COM d1668r123 60 1002 SH Sole 1002 Diageo PLC COM g42089113 159921 6661675 SH Sole 6175147 486528 Groupe Danone COM f12033134 298 4275 SH Sole 4275 Heineken Holding NV COM n39338194 376566 8056151 SH Sole 7478785 577366 Heineken NV COM n39427211 3371 60747 SH Sole 55706 5041 Imperial Tobacco Group PLC COM g4721w102 300 7400 SH Sole 6650 750 Jardine Strategic COM G50764102 86 2829 SH Sole 2829 JC Decaux SA ACT COM f5333n100 34970 1146225 SH Sole 979565 166660 Lindt & Spruengli AG - Reg COM h49983176 1338 36 SH Sole 6 30 Loreal SA COM 4057808 148 1200 SH Sole 1200 NHST Media Group COM r4700l117 1833 19009 SH Sole 18677 332 Onex Corporation COM 68272K103 43 1160 SH Sole 1160 Pargesa Holding AG - B COM h60477207 2556 35600 SH Sole 14100 21500 Pernod Ricard COM f72027109 347751 3330784 SH Sole 3098465 232319 PZ Cussons PLC COM g6850s109 36 7500 SH Sole 7500 Reckitt Benckiser Group PLC COM g74079107 389 6900 SH Sole 6900 Roche Holding AG COM 001203204 252 1450 SH Sole 1450 SABMiller PLC COM g77395104 345956 8628291 SH Sole 8019355 608936 Schibsted A/S COM r75677105 244 6587 SH Sole 6587 Strauss Group LTD COM M8553H110 42 3500 SH Sole 3500 Suncor Energy Inc COM 867224107 130 4000 SH Sole 4000 Swedish Match AB COM w92277115 16842 424275 SH Sole 325475 98800 Syngenta AG COM h84140112 224 650 SH Sole 650 The Swatch Group AG-BR COM h83949141 21764 47344 SH Sole 37651 9693 Thomson Reuters Corp COM 884903105 35 1200 SH Sole 1200 Wal-Mart De Mexico S A COM p98180105 40 12000 SH Sole 12000