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 7054 121915 SH Sole 111715 10200
Amgen Inc COM 031162100 7 100 SH Sole 100
Anheuser-Busch InBev ADR COM 03524a108 257392 3539500 SH Sole 3292105 247395
AOL Inc COM 00184x105 1 30 SH Sole 30
Apple Computer Inc COM 037833100 78 130 SH Sole 130
Associated Banc Corp COM 045487105 5 390 SH Sole 390
Automatic Data Processing COM 053015103 61 1100 SH Sole 1100
Avon Products Inc COM 054303102 1 75 SH Sole 75
Baidu Inc Spons ADR COM 056752108 20 135 SH Sole 135
Bank Amer Corp COM 060505104 29 3000 SH Sole 2000 1000
Bank of New York Mellon COM 064058100 48 2000 SH Sole 2000
BB&T Corp COM 054937107 1260 40150 SH Sole 40150
Beam Inc COM 073730103 53 912 SH Sole 912
Berkshire Hathaway Inc Cl A COM 084670108 507835 4166 SH Sole 3903 263
Berkshire Hathaway Inc Cl B COM 084670702 139969 1724813 SH Sole 1553640 171173
Boeing COM 097023105 41 550 SH Sole 550
BP PLC ADR COM 055622104 372 8277 SH Sole 6816 1461
Bristol Myers Squibb COM 110122108 54 1600 SH Sole 1600
British Amern Tob PLC ADR COM 110448107 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 SH Sole 1900
FedEx Corp COM 31428x106 22 240 SH Sole 240
Fomento Economico Mex Sp ADR COM 344419106 9028 109734 SH Sole 72659 37075
Fortune Brands Home & Security COM 34964C106 20 912 SH Sole 912
Freeport McMoran Copper & Gold COM 35671d857 32 850 SH Sole 850
Fulton Finl Corp COM 360271100 1031 98168 SH Sole 78168 20000
Gannett Inc COM 364730101 11 750 SH Sole 750
General Dynamics Corp COM 369550108 604 8225 SH Sole 8225
General Electric COM 369604103 182 9055 SH Sole 8320 735
Genesee & Wyo Inc Cl A COM 371559105 12 225 SH Sole 225
Glatfelter P H COM 377316104 17 1100 SH Sole 400 700
Goldman Sachs Group Inc COM 38141g104 7505 60345 SH Sole 58145 2200
Google Inc Cl A COM 38259p508 433 675 SH Sole 625 50
Grupo Televisa SA DE CV ORD COM 40049j206 5 225 SH Sole 225
Hain Celestial Group Inc COM 405217100 4 100 SH Sole 100
Hasbro Inc COM 418056107 34679 944407 SH Sole 883351 61056
Healthsouth Corp COM 421924309 90 4400 SH Sole 4400
Heartland Express Inc COM 422347104 244 16899 SH Sole 14699 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. Morgan Chase COM 46625h100 972 21143 SH Sole 2600 18543
John Wiley & Son Inc Cl A COM 968223206 107 2250 SH Sole 2250
Johnson & Johnson COM 478160104 856 12971 SH Sole 12671 300
Kellogg COM 487836108 36 675 SH Sole 675
Keycorp New COM 493267108 1 100 SH Sole 100
Kraft Foods Inc CL A COM 50075n104 75 1966 SH Sole 1466 500
Lamar Advertising Cl A COM 512815101 686 21175 SH Sole 20065 1110
Leucadia Natl Corp COM 527288104 959 36750 SH Sole 36750
Lexington Corp PPTYS TR COM 529043101 72 8000 SH Sole 8000
Lockheed Martin Corp COM 539830109 31 350 SH Sole 350
Lowes Inc COM 548661107 17 550 SH Sole 550
Luxottica SPA Miliano ADR COM 55068r202 15 410 SH Sole 410
Manpowergroup COM 56418h100 32 679 SH Sole 679
Markel Corp COM 570535104 9088 20244 SH Sole 18514 1730
Martin Marietta Materials COM 573284106 135939 1587521 SH Sole 1489135 98386
Mastercard Inc Cl A COM 57636q104 341227 811402 SH Sole 752039 59363
Mattel Inc COM 577081102 762 22625 SH Sole 21125 1500
McClatchy Company Cl A COM 579489105 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