13F filing recap · Q1 2014

What did Gardner Russo & Quinn buy in Q1 2014?

Reported stock-position changes between this filing and the previous one.

Stock value

$10.35B

Positions

112

Estimated turnover

8.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

KNKnowles Corporation$1.22Mreported value+38.6K shares CLColgate-Palmolive Company$577.0Kreported value+8.9K shares 880208400Franklin Templeton Investments$274.0Kreported value+21.0K shares BERNERBBerner Industrier Ab$205.0Kreported value+3.5K shares NLSNNielsen Holdings Plc$205.0Kreported value+4.6K shares

Increased positions

NSRGYNestle SA$1.10Breported value+56.4K shares+0.4%BRK.ABerkshire Hathaway Inc$957.17Mreported value+31 shares+0.6%PMPhilip Morris International Inc.$834.34Mreported value+219.9K shares+2.2%MAMastercard Inc$734.12Mreported value+8.84M shares

Reduced positions

SNIScripps Networks Interactive, Inc.$104.84Mreported value-19.8K shares-1.4%GHCGraham Holdings Co$51.42Mreported value-2.8K shares-3.7%XOMExxon Mobil Corp.$17.60Mreported value-30.8K shares-14.6%CRCrane Nxt, Co.$12.13Mreported value-2.0K shares

Exited positions

BAThe Boeing Company$332.0Kprior reported value-2.4K shares-100.0%DHRDanaher Corporation$320.0Kprior reported value-4.2K shares-100.0%SYTSyngenta AG$209.0Kprior reported value-521 shares-100.0%