13F filing recap · Q2 2014

What did Gardner Russo & Quinn buy in Q2 2014?

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

Stock value

$10.82B

Positions

113

Estimated turnover

0.9%

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

GOOGAlphabet Inc.$582.0Kreported value+1.0K shares UNPUnion Pacific Corp$272.0Kreported value+2.7K shares MONMonsanto Company$212.0Kreported value+1.7K shares LTGLt Group Inc$25.0Kreported value+75.0K shares

Increased positions

NSRGYNestle SA$1.14Breported value+112.1K shares+0.8%PMPhilip Morris International Inc.$862.00Mreported value+33.2K shares+0.3%CFRCompagnie Financière Richemont SA$737.83Mreported value+4.6K shares+0.1%MAMastercard Inc$726.60Mreported value+62.2K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$963.21Mreported value-37 shares-0.7%WFCWells Fargo & Company/mn$769.78Mreported value-43.3K shares-0.3%HKHHYHeineken Holding N V$681.53Mreported value-39.5K shares-0.4%SBMRYSabmiller Plc$665.56Mreported value-10.3K shares

Exited positions

KNKnowles Corporation$1.22Mprior reported value-38.6K shares-100.0%CLColgate-Palmolive Company$577.0Kprior reported value-8.9K shares-100.0%BERNERBBerner Industrier Ab$205.0Kprior reported value-3.5K shares-100.0%