13F-HR 1 d766507_13f-hr.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, 2007 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Gardner Russo & Gardner Address: 223 East Chestnut Street Lancaster, PA 17602 13F File Number: 28-2635 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: /s/ Diana Crumay Lancaster, PA May 15, 2007 ----------------------- -------------------------- ---------------------- [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 managers(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: 436 Form 13F Information Table Value Total: 4,842,364 (in thousands) List of Other Included Managers: None Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE -------------- -------- ----- -------- ------- --- ---- ---------- ---- ---- ------ ---- 21ST CENTY INS GROUP COM 90130N103 784 37,000 SH SOLE NONE 0 0 37,000 3I GROUP PLC COM G88473114 201 9,000 SH SOLE NONE 0 0 9,000 3M CO COM 88579Y101 1,201 15,710 SH SOLE NONE 200 0 15,510 A P MOLLER-MAERSK A/S COM K0514G135 755 75 SH SOLE NONE 0 0 75 A T & T INC COM 00206R102 420 10,642 SH SOLE NONE 10,564 0 78 ABBOTT LABS COM 002824100 23,415 419,617 SH SOLE NONE 397,961 0 21,656 ACCO BRANDS CORP COM 00081T108 1 47 SH SOLE NONE 47 0 0 ACE LTD ORD G0070K103 143 2,500 SH SOLE NONE 2,500 0 0 ACNB CORP COM 000868109 16 840 SH SOLE NONE 840 0 0 ADELPHIA RECOVERY TR CVV COM 00685R706 0 25,145,425 SH SOLE NONE 0 0 25,145,425 AES CORP COM 00130H105 1,162 54,000 SH SOLE NONE 26,000 0 28,000 AES TR III PFD CV 6.75% 00808N202 327 6,500 SH SOLE NONE 0 0 6,500 AGERE SYS INC COM 00845V308 1 49 SH SOLE NONE 49 0 0 ALCATEL-LUCENT SPONSORED ADR 013904305 7 550 SH SOLE NONE 550 0 0 ALCOA INC COM 013817101 242 7,136 SH SOLE NONE 6,224 0 912 ALLEGHANY CORP DEL COM 017175100 363 971 SH SOLE NONE 646 0 325 ALLIANCE ONE INTL INC COM 018772103 189 20,500 SH SOLE NONE 20,500 0 0 ALLSTATE CORP COM 020002101 234 3,900 SH SOLE NONE 3,900 0 0 ALTADIS SA COM E0432C106 7,879 122,650 SH SOLE NONE 81,650 0 41,000 ALTRIA GROUP INC COM 02209S103 392,066 4,464,936 SH SOLE NONE 4,065,468 0 399,468 ALTRIA GROUP INC-W/I COM 02209S111 22,490 341,329 SH SOLE NONE 309,969 0 31,360 AMBAC FINL GROUP INC COM 023139108 22 250 SH SOLE NONE 0 0 250 AMER ITALIAN PASTA CO Cl A 027070101 24 2,250 SH SOLE NONE 0 0 2,250 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 63 1,323 SH SOLE NONE 1,323 0 0 AMERICAN EXPRESS CO COM 025816109 2,814 49,898 SH SOLE NONE 45,048 0 4,850 AMERICAN INTL GROUP INC COM 026874107 173,087 2,574,939 SH SOLE NONE 2,338,245 0 236,694 AMERICAN OIL & GAS INC NEW COM 028723104 17 3,040 SH SOLE NONE 0 0 3,040 AMERICAN SATELLITE NETWORK 06/ WARRANT 02937P116 0 42,205 SH SOLE NONE 40,131 0 2,074 AMERICAN TOWER CORP CL A 029912201 3,389 87,000 SH SOLE NONE 86,000 0 1,000 AMERICAN WOODMARK CORP COM 030506109 37 1,000 SH SOLE NONE 1,000 0 0 AMERIPRISE FINL INC COM 03076C106 89 1,563 SH SOLE NONE 1,563 0 0 AMGEN INC COM 031162100 153 2,740 SH SOLE NONE 2,740 0 0 ANADARKO PETE CORP COM 032511107 63 1,472 SH SOLE NONE 1,472 0 0 ANGLO AMERN PLC COM G03764100 659 12,500 SH SOLE NONE 5,000 0 7,500 ANHEUSER-BUSCH COS INC COM 035229103 9,838 194,963 SH SOLE NONE 137,880 0 57,083 AON CORP COM 037389103 23 600 SH SOLE NONE 600 0 0 APPLE INC COM 037833100 2 25 SH SOLE NONE 25 0 0 APPLERA CORP COM CELERA GRP 038020202 9 600 SH SOLE NONE 600 0 0 APPLIED MATLS INC COM 038222105 15 800 SH SOLE NONE 800 0 0 APTARGROUP INC COM 038336103 861 12,859 SH SOLE NONE 11,859 0 1,000 ARCTIC CAT INC COM 039670104 210 10,750 SH SOLE NONE 2,250 0 8,500 AREVA-CI COM F84742109 29 30 SH SOLE NONE 30 0 0 ARIEL FD CALV ARIEL APP MUTUAL 040337206 5 95 SH SOLE NONE 95 0 0 ARIEL FD SH BEN INT MUTUAL 040337107 7 128 SH SOLE NONE 128 0 0 ARKEMA SPON ADR COM 041232109 3 47 SH SOLE NONE 47 0 0 ARMSTRONG HOLDINGS COM 042384107 124 200,000 SH SOLE NONE 0 0 200,000 ARMSTRONG WORLD INDS INC NEW COM 04247X102 9,638 189,544 SH SOLE NONE 148,517 0 41,027 ASTROPOWER INC COM 04644A101 0 150 SH SOLE NONE 150 0 0 AUTOMATIC DATA PROCESSING COM 053015103 891 18,400 SH SOLE NONE 18,400 0 0 AVERY DENNISON CORP COM 053611109 10 150 SH SOLE NONE 150 0 0 AVISHUSET DAGBLADET NOK20 COM R50065102 13,638 116,554 SH SOLE NONE 101,304 0 15,250 AVISHUSET DAGBLADET PFD PREFERR R50065110 464 3,939 SH SOLE NONE 939 0 3,000 AVON PRODS INC COM 054303102 16 435 SH SOLE NONE 435 0 0 BANK OF AMERICA CORPORATION COM 060505104 5,267 103,230 SH SOLE NONE 102,000 0 1,230 BARRICK GOLD CORP COM 067901108 19 660 SH SOLE NONE 660 0 0 BARRY CALLEBAUT AG COM H05072105 224 300 SH SOLE NONE 100 0 200 BAYERISCHE MOTOREN WERKE AG COM D12096109 44 750 SH SOLE NONE 500 0 250 BB&T CORP COM 054937107 416 10,145 SH SOLE NONE 10,145 0 0 BELO CORP COM SER A 080555105 168 9,000 SH SOLE NONE 9,000 0 0 BENFIELD GROUP LTD COM G0985D103 2,587 405,550 SH SOLE NONE 349,550 0 56,000 BERKSHIRE HATHAWAY INC DEL CL A 084670108 379,939 3,486 SH SOLE NONE 3,179 0 307 BERKSHIRE HATHAWAY INC DEL CL B 084670207 83,098 22,829 SH SOLE NONE 19,979 0 2,850 BIC COM F10080103 3,702 52,875 SH SOLE NONE 32,875 0 20,000 BJ SVCS CO COM 055482103 84 3,000 SH SOLE NONE 3,000 0 0 BLOCK H & R INC COM 093671105 86,352 4,104,173 SH SOLE NONE 3,755,363 0 348,810 BOEING CO COM 097023105 27 300 SH SOLE NONE 100 0 200 BP PLC SPONSORED ADR 055622104 905 13,978 SH SOLE NONE 12,058 0 1,920 BP PLC ORD COM 0798059 217 20,000 SH SOLE NONE 20,000 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 183 6,600 SH SOLE NONE 6,600 0 0 BRITISH AMERN TOB PLC SPONSORED ADR 110448107 473 7,500 SH SOLE NONE 7,500 0 0 BRITISH AMERN TOB PLC COM G1510J102 10,480 334,945 SH SOLE NONE 255,445 0 79,500 BROWN & BROWN INC COM 115236101 81 3,000 SH SOLE NONE 3,000 0 0 BROWN-FORMAN CORP CL A 115637100 111,389 1,612,470 SH SOLE NONE 1,468,525 0 143,945 BROWN-FORMAN CORP CL B 115637209 18,768 286,277 SH SOLE NONE 254,577 0 31,700 BURNHAM HLDGS INC CL A COM 122295108 18 1,082 SH SOLE NONE 0 0 1,082 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 107 3,500 SH SOLE NONE 3,500 0 0 CADBURY SCHWEPPES ORD COM G17444152 129,793 10,108,462 SH SOLE NONE 9,157,862 0 950,600 CADBURY SCHWEPPES PLC ADR 127209302 480 9,350 SH SOLE NONE 8,350 0 1,000 CAMECO CORP COM 13321L108 20 500 SH SOLE NONE 500 0 0 CAMPBELL SOUP CO COM 134429109 111 2,850 SH SOLE NONE 2,850 0 0 CANADIAN OIL SANDS TRUST COM 13642L100 8,026 330,000 SH SOLE NONE 330,000 0 0 CANON INC JPY COM 6172323 404 7,500 SH SOLE NONE 7,500 0 0 CAPITAL ONE FINL CORP COM 14040H105 6 73 SH SOLE NONE 73 0 0 CARLISLE COS INC COM 142339100 3,196 74,438 SH SOLE NONE 74,438 0 0 CARNIVAL CORP PAIRED CTF 143658300 5 110 SH SOLE NONE 110 0 0 CATERPILLAR INC DEL COM 149123101 27 400 SH SOLE NONE 400 0 0 CBS CORP NEW CL B 124857202 50 1,625 SH SOLE NONE 1,625 0 0 CENTERPOINT ENERGY INC COM 15189T107 4 200 SH SOLE NONE 200 0 0 CENTRAL VT PUB SVC CORP PREFERR 155771306 4 50 SH SOLE NONE 50 0 0 CEPHEID COM 15670R107 48 4,000 SH SOLE NONE 0 0 4,000 CHARLES RIV LABS INTL INC COM 159864107 3 62 SH SOLE NONE 62 0 0 CHEVRON CORP NEW COM 166764100 2,069 27,974 SH SOLE NONE 26,364 0 1,610 CHINA SHENHUA ENERGY CO-H COM Y1504C113 73 30,000 SH SOLE NONE 30,000 0 0 CHOICEPOINT INC COM 170388102 30 800 SH SOLE NONE 800 0 0 CHURCH & DWIGHT INC COM 171340102 8 150 SH SOLE NONE 150 0 0 CIE FINANC RICHEMONT A-SW COM H25662141 179,119 3,196,278 SH SOLE NONE 2,904,803 0 291,475 CINCINNATI FINL CORP COM 172062101 6 150 SH SOLE NONE 150 0 0 CISCO SYS INC COM 17275R102 4,092 160,300 SH SOLE NONE 160,300 0 0 CITIGROUP INC COM 172967101 121,786 2,372,140 SH SOLE NONE 2,151,032 0 221,108 CITIZENS COMMUNICATIONS CO COM 17453B101 17 1,105 SH SOLE NONE 184 0 921 CLIPPER FD INC MUTUAL 188850101 55 617 SH SOLE NONE 206 0 411 COCA-COLA CO COM 191216100 1,165 24,271 SH SOLE NONE 21,397 0 2,874 COLUMBIA ACORN TR INTL CL Z MUTUAL 197199813 9 212 SH SOLE NONE 212 0 0 COMCAST CORP NEW CL A 20030N101 1,019 39,251 SH SOLE NONE 39,007 0 244 COMCAST CORP NEW CL A SPL 20030N200 225,046 8,835,718 SH SOLE NONE 8,005,575 0 830,143 COMMNTY BKS INC MILLERSBUR COM 203628102 223 9,347 SH SOLE NONE 9,347 0 0 CONOCOPHILLIPS COM 20825C104 1,613 23,592 SH SOLE NONE 22,358 0 1,234 CONSTELLATION BRANDS INC CL A 21036P108 8 400 SH SOLE NONE 400 0 0 CORNING INC COM 219350105 40 1,750 SH SOLE NONE 1,750 0 0 COSTCO WHSL CORP NEW COM 22160K105 735 13,650 SH SOLE NONE 11,350 0 2,300 COUSINS PPTYS INC COM 222795106 49 1,500 SH SOLE NONE 0 0 1,500 CRANE CO COM 224399105 8,616 213,174 SH SOLE NONE 185,579 0 27,595 CRESCENT FINL CORP COM 225744101 5 400 SH SOLE NONE 400 0 0 CRH PLC COM G25508105 5,767 134,900 SH SOLE NONE 109,600 0 25,300 CVS CORP COM 126650100 68 2,000 SH SOLE NONE 2,000 0 0 D & E COMMUNICATIONS INC COM 232860106 105 7,900 SH SOLE NONE 400 0 7,500 DAILY MAIL & GEN TST-A COM G26236128 519 32,464 SH SOLE NONE 28,964 0 3,500 DAIMLERCHRYSLER ORD D1668R123 74 902 SH SOLE NONE 902 0 0 DANAHER CORP DEL COM 235851102 31 436 SH SOLE NONE 436 0 0 DAVIS NY VENTURE FD INC MUTUAL 239080401 56 1,421 SH SOLE NONE 1,421 0 0 DEAN FOODS CO NEW COM 242370104 70 1,500 SH SOLE NONE 1,500 0 0 DEERE & CO COM 244199105 4,152 38,217 SH SOLE NONE 36,817 0 1,400 DEL MONTE FOODS CO COM 24522P103 31 2,679 SH SOLE NONE 2,679 0 0 DELPHI FINL GROUP INC CL A 247131105 96 2,375 SH SOLE NONE 2,375 0 0 DENTSPLY INTL INC NEW COM 249030107 33 1,000 SH SOLE NONE 1,000 0 0 DENVER & EPHRATA TEL & TELEG P PREFERR 249055203 2 40 SH SOLE NONE 40 0 0 DEVON ENERGY CORP NEW COM 25179M103 3,115 45,000 SH SOLE NONE 45,000 0 0 DIAGEO PLC COM G42089113 137,899 6,799,751 SH SOLE NONE 6,175,109 0 624,642 DIAGEO PLC SPON ADR NEW 25243Q205 33,837 418,002 SH SOLE NONE 374,070 0 43,932 DISNEY WALT CO COM DISNEY 254687106 793 23,031 SH SOLE NONE 22,281 0 750 DOVER CORP COM 260003108 3,226 66,090 SH SOLE NONE 58,590 0 7,500 DOW JONES & CO INC COM 260561105 28 800 SH SOLE NONE 800 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 363 7,341 SH SOLE NONE 7,341 0 0 EATON VANCE PRIME RATE RESVS MUTUAL 277913109 17 1,796 SH SOLE NONE 1,796 0 0 EDIPRESSE S A - BEARER COM H20616126 74 150 SH SOLE NONE 150 0 0 ENCANA CORP COM 292505104 4,152 82,000 SH SOLE NONE 82,000 0 0 ENCORE WIRE CORP COM 292562105 76 3,000 SH SOLE NONE 3,000 0 0 ENTERGY CORP NEW COM 29364G103 14 133 SH SOLE NONE 133 0 0 EP MEDSYSTEMS INC COM 26881P103 44 25,000 SH SOLE NONE 0 0 25,000 EQUIFAX INC COM 294429105 55 1,500 SH SOLE NONE 1,500 0 0 ESCO TECHNOLOGIES INC COM 296315104 45 1,000 SH SOLE NONE 1,000 0 0 EVERGREEN TR STRAT GRT CL I MUTUAL 299909408 63 2,091 SH SOLE NONE 2,091 0 0 EXPEDIA INC DEL COM 30212P105 6 250 SH SOLE NONE 250 0 0 EXPEDITORS INTL WASH INC COM 302130109 124 3,000 SH SOLE NONE 3,000 0 0 EXXON MOBIL CORP COM 30231G102 22,738 301,362 SH SOLE NONE 261,108 0 40,254 FAIRFAX FINL HLDGS LTD SUB VTG 303901102 45 200 SH SOLE NONE 0 0 200 FAIRHOLME FDS INC MUTUAL 304871106 43 1,458 SH SOLE NONE 270 0 1,188 FASTENAL CO COM 311900104 61 1,750 SH SOLE NONE 1,750 0 0 FEDERAL HOME LN MTG CORP COM 313400301 5,176 86,998 SH SOLE NONE 75,258 0 11,740 FEDEX CORP COM 31428X106 96 890 SH SOLE NONE 890 0 0 FIDELITY NATIONAL FINANCIAL CL A 31620R105 69 2,853 SH SOLE NONE 2,853 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 298 6,553 SH SOLE NONE 6,478 0 75 FIRST DATA CORP COM 319963104 121 4,500 SH SOLE NONE 4,500 0 0 FIRST PAC LTD ORD COM G34804107 35 58,183 SH SOLE NONE 58,183 0 0 FORTUNE BRANDS INC COM 349631101 16 200 SH SOLE NONE 200 0 0 FPA FDS TR FPA CRESC INSTL MUTUAL 30254T759 9 356 SH SOLE NONE 356 0 0 FPL GROUP INC COM 302571104 483 7,900 SH SOLE NONE 6,500 0 1,400 FULLER H B CO COM 359694106 23 850 SH SOLE NONE 850 0 0 FULTON FINL CORP PA COM 360271100 1,603 110,323 SH SOLE NONE 60,700 0 49,623 GALLAHER GROUP PLC SPONSORED ADR 363595109 107 1,200 SH SOLE NONE 900 0 300 GANNETT INC COM 364730101 3,736 66,375 SH SOLE NONE 50,900 0 15,475 GENERAL DYNAMICS CORP COM 369550108 1,398 18,300 SH SOLE NONE 18,300 0 0 GENERAL ELECTRIC CO COM 369604103 8,547 241,725 SH SOLE NONE 155,924 0 85,801 GENERAL GROWTH PPTYS INC COM 370021107 14 215 SH SOLE NONE 0 0 215 GENESEE & WYO INC CL A 371559105 12 450 SH SOLE NONE 450 0 0 GLATFELTER COM 377316104 18 1,200 SH SOLE NONE 400 0 800 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 21 375 SH SOLE NONE 375 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 21 100 SH SOLE NONE 100 0 0 GROUPE DANONE COM B018SX1 327 2,000 SH SOLE NONE 2,000 0 0 GROUPE DANONE SPONSORED ADR 399449107 9,141 255,900 SH SOLE NONE 204,150 0 51,750 HARLEY DAVIDSON INC COM 412822108 62 1,055 SH SOLE NONE 1,055 0 0 HARLEYSVILLE NATL CORP PA COM 412850109 3 173 SH SOLE NONE 0 0 173 HARTE HANKS INC COM 416196103 621 22,500 SH SOLE NONE 22,500 0 0 HASBRO INC COM 418056107 93,712 3,274,370 SH SOLE NONE 3,008,935 0 265,435 HCC INS HLDGS INC COM 404132102 23 750 SH SOLE NONE 750 0 0 HEALTHSOUTH CORP COM NEW 421924309 134 6,400 SH SOLE NONE 0 0 6,400 HEARTLAND EXPRESS INC COM 422347104 1,794 112,951 SH SOLE NONE 106,885 0 6,066 HEINEKEN HLDG NV COM N39338194 278,373 6,280,976 SH SOLE NONE 5,725,829 0 555,147 HEINEKEN NV COM 7108048 59 1,125 SH SOLE NONE 0 0 1,125 HEINEKEN NV UNSPONS ADR COM 423012202 5,233 200,791 SH SOLE NONE 83,387 0 117,404 HEINZ H J CO COM 423074103 99 2,100 SH SOLE NONE 2,100 0 0 HERSHEY CO COM 427866108 236 4,320 SH SOLE NONE 4,320 0 0 HEWLETT PACKARD CO COM 428236103 96 2,400 SH SOLE NONE 2,400 0 0 HILLENBRAND INDS INC COM 431573104 119 2,000 SH SOLE NONE 0 0 2,000 HOME DEPOT INC COM 437076102 116 3,165 SH SOLE NONE 3,165 0 0 HORMEL FOODS CORP COM 440452100 16,543 444,815 SH SOLE NONE 404,615 0 40,200 HSBC HLDGS PLC ORD COM 0540528 263 15,000 SH SOLE NONE 15,000 0 0 HUDSON HIGHLAND GROUP INC COM 443792106 8 524 SH SOLE NONE 0 0 524 HUNTER DOUGLAS NV COM N4327C122 53 600 SH SOLE NONE 600 0 0 IAC INTERACTIVECORP COM 44919P300 19 500 SH SOLE NONE 500 0 0 IDEARC INC COM 451663108 5 136 SH SOLE NONE 136 0 0 IMPERIAL TOBACCO GROUP PLC COM 0454492 157 3,500 SH SOLE NONE 3,500 0 0 IMPERIAL TOBACCO GROUP PLC SPONSORED ADR 453142101 42 470 SH SOLE NONE 470 0 0 INTEL CORP COM 458140100 141 7,360 SH SOLE NONE 7,360 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 2,500 26,524 SH SOLE NONE 2,349 0 24,175 INTERNATIONAL SPEEDWAY CORP CL A 460335201 38,796 750,402 SH SOLE NONE 677,582 0 72,820 INTERNATIONAL SPEEDWAY CORP CL B 460335300 17,589 344,205 SH SOLE NONE 317,305 0 26,900 INTERPUBLIC GROUP COS INC COM 460690100 0 15 SH SOLE NONE 15 0 0 IPC HLDGS LTD ORD G4933P101 6 200 SH SOLE NONE 200 0 0 IPRINT TECHNOLOGIES INC COM 462628108 0 600 SH SOLE NONE 600 0 0 ISHARES TR S&P SMLCAP 600 464287804 20 300 SH SOLE NONE 300 0 0 ISHARES TR S&P MIDCAP 400 464287507 17 200 SH SOLE NONE 200 0 0 ISHARES TR S&P MIDCP VALU 464287705 1 16 SH SOLE NONE 16 0 0 ITT CORP NEW COM 450911102 15 250 SH SOLE NONE 250 0 0 J P MORGAN CHASE & CO COM 46625H100 1,868 38,605 SH SOLE NONE 8,605 0 30,000 JAMES HALSTEAD PLC COM G4253G129 117 10,000 SH SOLE NONE 10,000 0 0 JAPAN TOBACCO INC COM 6474535 49 10 SH SOLE NONE 10 0 0 JC DECAUS SA ACT COM F5333N100 22 750 SH SOLE NONE 0 0 750 JOHNSON & JOHNSON COM 478160104 5,587 92,718 SH SOLE NONE 89,618 0 3,100 KAO CORP JPY COM JP3205800 308 10,500 SH SOLE NONE 10,500 0 0 KELLOGG CO COM 487836108 111 2,150 SH SOLE NONE 2,050 0 100 KEYCORP NEW COM 493267108 4 100 SH SOLE NONE 100 0 0 KIMBERLY CLARK CORP COM 494368103 188 2,750 SH SOLE NONE 2,750 0 0 KINGSPAN GROUP PLC COM G52654103 5,847 220,225 SH SOLE NONE 187,225 0 33,000 KIRIN BREWERY CO LTD COM 6493745 116 8,000 SH SOLE NONE 8,000 0 0 KONINKLIJKE WEGENER N V COM N5213D116 19,317 936,340 SH SOLE NONE 823,690 0 112,650 KRAFT FOODS INC CL A 50075N104 24 750 SH SOLE NONE 750 0 0 KROGER CO COM 501044101 49 1,750 SH SOLE NONE 1,750 0 0 LANCASTER COLONY CORP COM 513847103 19 425 SH SOLE NONE 0 0 425 LAUDER ESTEE COS INC CL A 518439104 73 1,500 SH SOLE NONE 1,500 0 0 LEE ENTERPRISES INC COM 523768109 2,498 83,135 SH SOLE NONE 72,510 0 10,625 LEUCADIA NATL CORP COM 527288104 2,786 94,686 SH SOLE NONE 92,686 0 2,000 LEVEL 3 COMMUNICATIONS INC COM 52729N100 1 100 SH SOLE NONE 100 0 0 LEXINGTON REALTY TRUST COM 529043101 1,035 49,000 SH SOLE NONE 36,000 0 13,000 LIBERTY MEDIA HLDG CORP CAP COM SER A 53071M302 6 50 SH SOLE NONE 50 0 0 LIBERTY MEDIA HLDG CORP INT COM SER A 53071M104 6 250 SH SOLE NONE 250 0 0 LILLY, ELI & CO COM 532457108 260 4,850 SH SOLE NONE 4,850 0 0 LINDT & SPRUENGLI AG-REG COM H49983176 713 25 SH SOLE NONE 0 0 25 LONGLEAF INT PARTNERS FD MUTUAL 543069405 9 454 SH SOLE NONE 454 0 0 LONGLEAF PARTNERS FUND MUTUAL 543069108 43 1,193 SH SOLE NONE 1,193 0 0 LOREAL SA COM 4057808 213 1,950 SH SOLE NONE 1,950 0 0 LOWES COS INC COM 548661107 216 6,850 SH SOLE NONE 6,000 0 850 LUCENT TECHS INC WT EXP 12/10/ WARRANT 549463131 0 103 SH SOLE NONE 103 0 0 M & T BK CORP COM 55261F104 442 3,814 SH SOLE NONE 3,814 0 0 M D C HLDGS INC COM 552676108 5 100 SH SOLE NONE 0 0 100 MANPOWER INC COM 56418H100 168 2,284 SH SOLE NONE 2,284 0 0 MARKEL CORP COM 570535104 34,229 70,600 SH SOLE NONE 60,180 0 10,420 MARSH & MCLENNAN COS INC COM 571748102 164 5,600 SH SOLE NONE 4,600 0 1,000 MARSHALL & ILSLEY CORP COM 571834100 69 1,500 SH SOLE NONE 1,500 0 0 MARTIN MARIETTA MTLS INC COM 573284106 270,329 1,999,476 SH SOLE NONE 1,812,107 0 187,369 MASTERS SELECT EQUITY FUND MUTUAL 576417109 60 3,793 SH SOLE NONE 3,299 0 494 MASTERS SELECT FDS VALUE FD MUTUAL 576417406 58 3,502 SH SOLE NONE 514 0 2,988 MASTERS SELECT INT'L FUND MUTUAL 576417208 102 5,121 SH SOLE NONE 1,583 0 3,538 MASTERS SELECT SMALLER FD MUTUAL 576417307 62 4,034 SH SOLE NONE 523 0 3,511 MATTEL INC COM 577081102 1,913 69,400 SH SOLE NONE 52,900 0 16,500 MCCLATCHY CO CL A 579489105 102,012 3,227,209 SH SOLE NONE 2,948,545 0 278,664 MCCORMICK & CO INC COM NON VTG 579780206 2,727 70,800 SH SOLE NONE 63,800 0 7,000 MCDONALDS CORP COM 580135101 1,301 28,878 SH SOLE NONE 24,128 0 4,750 MCKESSON CORP COM 58155Q103 35 600 SH SOLE NONE 600 0 0 MEADWESTVACO CORP COM 583334107 76 2,456 SH SOLE NONE 0 0 2,456 MEDCO HEALTH SOLUTIONS INC COM 58405U102 26 354 SH SOLE NONE 354 0 0 MEDIMMUNE INC COM 584699102 2,183 60,000 SH SOLE NONE 60,000 0 0 MEDTRONIC INC COM 585055106 199 4,050 SH SOLE NONE 4,050 0 0 MERCK & CO INC COM 589331107 758 17,153 SH SOLE NONE 14,745 0 2,408 MERCURY GENL CORP NEW COM 589400100 2,124 40,050 SH SOLE NONE 30,500 0 9,550 MERITOR SVGS BK PA COM 590007100 13 3,000 SH SOLE NONE 3,000 0 0 MESA RTY TR UNIT BEN INT 590660106 1,290 23,000 SH SOLE NONE 23,000 0 0 MGI PHARMA INC COM 552880106 92 4,100 SH SOLE NONE 2,500 0 1,600 MICROPORE INC "A" CV PFD CONVERT 595995002 99 3,200 SH SOLE NONE 3,200 0 0 MICROPORE INC "C" CV PFD CONVERT 595998816 17 550 SH SOLE NONE 550 0 0 MICROSOFT CORP COM 594918104 3,767 135,168 SH SOLE NONE 134,768 0 400 MILLER HERMAN INC COM 600544100 25,451 759,956 SH SOLE NONE 659,606 0 100,350 MIRANT CORP ESCROW SHARES COM 604675991 0 500 SH SOLE NONE 500 0 0 MIRANT CORP NEW COM 60467R100 1 13 SH SOLE NONE 13 0 0 MIRANT CORP NEW W EXP 01/03/201 60467R118 1 43 SH SOLE NONE 43 0 0 MOHAWK INDS INC COM 608190104 1,399 17,050 SH SOLE NONE 14,150 0 2,900 MOLEX INC CL A 608554200 35 1,400 SH SOLE NONE 1,400 0 0 MONEYGRAM INTL INC COM 60935Y109 14 500 SH SOLE NONE 500 0 0 MONSANTO CO NEW COM 61166W101 673 12,250 SH SOLE NONE 11,850 0 400 MONSTER WORLDWIDE INC COM 611742107 59 1,250 SH SOLE NONE 0 0 1,250 MORGAN STANLEY COM NEW 617446448 74 938 SH SOLE NONE 938 0 0 MORGAN STANLEY CAP TR III 6.25 PREFERR 617460209 6 250 SH SOLE NONE 250 0 0 MURPHY OIL CORP COM 626717102 1,837 34,400 SH SOLE NONE 34,400 0 0 MYLAN LABS INC COM 628530107 85 4,000 SH SOLE NONE 4,000 0 0 NATIONAL CITY CORP COM 635405103 30 800 SH SOLE NONE 800 0 0 NATIONAL PENN BANCSHARES INC COM 637138108 85 4,509 SH SOLE NONE 4,509 0 0 NEO MATERIAL TECHNOLOGIES INC COM 64045Y108 500 155,427 SH SOLE NONE 0 0 155,427 NESTLE REG ADR COM 641069406 367,948 3,771,119 SH SOLE NONE 3,406,028 0 365,091 NEUE ZUERCHER ZEITUNG COM H57512107 366 6 SH SOLE NONE 3 0 3 NEW YORK TIMES CO CL A 650111107 336 14,300 SH SOLE NONE 14,300 0 0 NEWELL RUBBERMAID INC COM 651229106 8 250 SH SOLE NONE 250 0 0 NEWMONT MINING CORP COM 651639106 63 1,500 SH SOLE NONE 1,500 0 0 NEWS CORP CL A 65248E104 231 9,975 SH SOLE NONE 9,750 0 225 NOBLE ENERGY INC COM 655044105 143 2,400 SH SOLE NONE 2,400 0 0 NOKIA CORP SPONSORED ADR 654902204 435 18,965 SH SOLE NONE 17,965 0 1,000 NORFOLK SOUTHERN CORP COM 655844108 25 500 SH SOLE NONE 500 0 0 NORGES HANDELS OG SJOF COM R51385103 2,745 17,172 SH SOLE NONE 16,872 0 300 NORTHERN TR CORP COM 665859104 305 5,075 SH SOLE NONE 5,000 0 75 NUANCE COMMUNICATIONS INC COM 67020Y100 31 2,000 SH SOLE NONE 0 0 2,000 NUVEEN PA INVT QUALITY MUN F COM 670972108 23 1,630 SH SOLE NONE 1,630 0 0 OAK VALUE TR MUTUAL 67181Q102 8 287 SH SOLE NONE 287 0 0 OAKMARK FUND - CLASS I MUTUAL 413838103 10 209 SH SOLE NONE 209 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 99 2,000 SH SOLE NONE 2,000 0 0 OMNICOM GROUP INC COM 681919106 7,022 68,585 SH SOLE NONE 62,785 0 5,800 ORACLE CORP COM 68389X105 9 500 SH SOLE NONE 500 0 0 OWENS CORNING NEW COM 690742101 319 10,000 SH SOLE NONE 0 0 10,000 PARGESA HOLDING AG - B COM H60477207 8,759 83,300 SH SOLE NONE 54,300 0 29,000 PARKER HANNIFIN CORP COM 701094104 43 500 SH SOLE NONE 500 0 0 PARTRIDGE FINE ART ORD COM G6935A107 341 494,601 SH SOLE NONE 491,601 0 3,000 PENTAIR INC COM 709631105 3 100 SH SOLE NONE 100 0 0 PEPSICO INC COM 713448108 9,295 146,247 SH SOLE NONE 140,697 0 5,550 PERNOD RICARD S A ORD COM F72027109 106,379 523,959 SH SOLE NONE 470,893 0 53,066 PETROCHINA CO LTD SPONSORED ADR 71646E100 104 885 SH SOLE NONE 885 0 0 PFIZER INC COM 717081103 2,120 83,926 SH SOLE NONE 69,276 0 14,650 PHILIP MORRIS CR AS COM X6547B106 6,518 14,158 SH SOLE NONE 13,313 0 845 PICO HLDGS INC COM NEW 693366205 14 335 SH SOLE NONE 335 0 0 PIMCO FDS PAC INVT MGMT SER TO MUTUAL 693390445 203 19,459 SH SOLE NONE 19,459 0 0 PIONEER NAT RES CO COM 723787107 470 10,900 SH SOLE NONE 8,200 0 2,700 PITNEY BOWES INC COM 724479100 65 1,440 SH SOLE NONE 1,440 0 0 PNC FINL SVCS GROUP INC COM 693475105 1,170 16,260 SH SOLE NONE 7,460 0 8,800 POZEN INC COM 73941U102 44 3,000 SH SOLE NONE 0 0 3,000 PPG INDS INC COM 693506107 76 1,088 SH SOLE NONE 0 0 1,088 PRAXAIR INC COM 74005P104 113 1,800 SH SOLE NONE 1,800 0 0 PROCTER & GAMBLE CO COM 742718109 4,072 64,468 SH SOLE NONE 62,043 0 2,425 PROGRESSIVE CORP OHIO COM 743315103 19,137 877,036 SH SOLE NONE 729,331 0 147,705 PROLOGIS SH BEN INT 743410102 71 1,100 SH SOLE NONE 0 0 1,100 PTV INC PFD 10% PREFERR 69367F306 0 1 SH SOLE NONE 0 0 1 PUBLIC SVC ENTERPRISE GROUP COM 744573106 26 311 SH SOLE NONE 0 0 311 RAINING DATA CORP COM 75087R108 71 25,000 SH SOLE NONE 10,000 0 15,000 RAYTHEON CO COM NEW 755111507 8 156 SH SOLE NONE 156 0 0 READYMIX ORD COM G74049100 4,783 1,255,500 SH SOLE NONE 1,140,500 0 115,000 RECKITT BENCKISER PLC COM G7420A107 808 15,500 SH SOLE NONE 15,500 0 0 RENAISSANCERE HOLDINGS LTD COM G7496G103 9 175 SH SOLE NONE 0 0 175 RINKER GROUP LTD COM Q8142Y109 4,346 297,065 SH SOLE NONE 187,065 0 110,000 RITE AID CORP COM 767754104 27 4,650 SH SOLE NONE 3,500 0 1,150 ROBBINS & MYERS INC COM 770196103 10 266 SH SOLE NONE 266 0 0 ROCHE HLDG LTD SPON ADR COM 771195104 18 200 SH SOLE NONE 0 0 200 ROCHE HOLDING AG COM 001203204 674 3,800 SH SOLE NONE 3,800 0 0 ROWE T PRICE EQUITY FD MUTUAL 779547108 60 2,026 SH SOLE NONE 2,026 0 0 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 549 8,244 SH SOLE NONE 8,244 0 0 ROYAL DUTCH SHELL PLC SPON ADR A 780259206 5,424 81,816 SH SOLE NONE 60,166 0 21,650 RYDEX SER FDS DYN WEAKENING DO MUTUAL 78356A863 105 4,000 SH SOLE NONE 0 0 4,000 RYDEX SER TR JUNO FD MUTUAL 783554702 102 5,271 SH SOLE NONE 0 0 5,271 SABMILLER PLC SPONSORED ADR COM 78572M105 14 650 SH SOLE NONE 650 0 0 SAFEWAY INC COM NEW 786514208 18 500 SH SOLE NONE 500 0 0 SAMSUNG ELECTRONICS LTD COM 796050888 30 100 SH SOLE NONE 0 0 100 SANOFI AVENTIS COM F5548N101 17 200 SH SOLE NONE 0 0 200 SCHERING PLOUGH CORP COM 806605101 66 2,600 SH SOLE NONE 0 0 2,600 SCHIBSTED A/S COM R75677105 1,625 36,787 SH SOLE NONE 32,287 0 4,500 SCHLUMBERGER LTD COM 806857108 739 10,700 SH SOLE NONE 10,700 0 0 SCHULMAN A INC COM 808194104 212 8,999 SH SOLE NONE 8,999 0 0 SCHWAB CHARLES CORP NEW COM 808513105 53 2,900 SH SOLE NONE 1,050 0 1,850 SCHWEITZER-MAUDUIT INTL INC COM 808541106 43,172 1,737,306 SH SOLE NONE 1,605,636 0 131,670 SCOTTS MIRACLE GRO CO CL A 810186106 3,282 74,550 SH SOLE NONE 57,300 0 17,250 SCRIPPS E Q CO OHIO CL A 811054204 135,451 3,031,576 SH SOLE NONE 2,750,826 0 280,750 SEAGATE TECGBIKIGT INC ESCROW WARRANT 811804988 0 200 SH SOLE NONE 0 0 200 SEQUOIA FD INC MUTUAL 817418106 14 88 SH SOLE NONE 88 0 0 SHIRE PLC SPONSORED ADR 82481R106 17 275 SH SOLE NONE 275 0 0 SMITH & NEPHEW PLC COM 0922320 51 4,000 SH SOLE NONE 4,000 0 0 SMITHFIELD FOODS INC COM 832248108 252 8,400 SH SOLE NONE 7,100 0 1,300 SMUCKER J M CO COM NEW 832696405 0 6 SH SOLE NONE 6 0 0 SOUTHERN UN CO NEW COM 844030106 15 500 SH SOLE NONE 500 0 0 STAPLES INC COM 855030102 796 30,787 SH SOLE NONE 30,087 0 700 STEPAN CO COM 858586100 60 2,284 SH SOLE NONE 2,284 0 0 STERLING FINL CORP COM 859317109 109 4,921 SH SOLE NONE 4,921 0 0 STREETTRACKS GOLD TR GOLD SHS 863307104 33 500 SH SOLE NONE 500 0 0 SUN MICROSYSTEMS INC COM 866810104 6,010 1,000,000 SH SOLE NONE 1,000,000 0 0 SUNCOR ENERGY INC COM 867229106 221 2,900 SH SOLE NONE 2,900 0 0 SUNTRUST BKS INC COM 867914103 69 825 SH SOLE NONE 825 0 0 SUPERVALU INC COM 868536103 107 2,730 SH SOLE NONE 2,730 0 0 SUSQUEHANNA BANCSHARES INC P COM 869099101 263 11,320 SH SOLE NONE 7,635 0 3,685 SWEDISH MATCH AB COM W92277115 13,687 765,500 SH SOLE NONE 565,000 0 200,500 SYNGENTA AG COM 4356646 221 1,150 SH SOLE NONE 1,150 0 0 SYSCO CORP COM 871829107 82 2,425 SH SOLE NONE 2,225 0 200 TAMEDIA AG COM H84391103 5,086 37,375 SH SOLE NONE 24,600 0 12,775 TARGET CORP COM 87612E106 48 805 SH SOLE NONE 600 0 205 TELEFONICA S A SPONSORED ADR 879382208 0 1 SH SOLE NONE 1 0 0 TELEGRAAF MEDIA GROEP NV COM N8502L104 173,011 5,033,768 SH SOLE NONE 4,574,646 0 459,122 TEMPLETON GLOBAL INCOME FD COM 880198106 7 702 SH SOLE NONE 702 0 0 TEXAS INSTRS INC COM 882508104 379 12,600 SH SOLE NONE 12,100 0 500 THIRD AVE FD REAL ESTATE MUTUAL 884116401 45 1,255 SH SOLE NONE 322 0 933 THIRD AVE SM CAP VALUE FD MUTUAL 884116203 9 338 SH SOLE NONE 338 0 0 THIRD AVE VALUE FD INC MUTUAL 884116104 45 731 SH SOLE NONE 182 0 549 THIRD AVENUE INT VALUE FD MUTUAL 884116500 11 479 SH SOLE NONE 479 0 0 THOMSON CORP COM 884903105 50 1,200 SH SOLE NONE 1,200 0 0 TIFFANY & CO NEW COM 886547108 264 5,800 SH SOLE NONE 5,800 0 0 TIM HORTONS INC COM 88706M103 6 200 SH SOLE NONE 0 0 200 TIME WARNER CABLE INC CL A 88732J108 937 25,000 SH SOLE NONE 0 0 25,000 TIME WARNER INC COM 887317105 466 23,650 SH SOLE NONE 6,150 0 17,500 TJX COS INC NEW COM 872540109 1,188 44,050 SH SOLE NONE 44,050 0 0 TOOTSIE ROLL INDS INC COM 890516107 41 1,376 SH SOLE NONE 0 0 1,376 TOTAL S A SPONSORED ADR 89151E109 377 5,400 SH SOLE NONE 5,400 0 0 TOTAL S A COM 4905413 210 3,000 SH SOLE NONE 3,000 0 0 TOYOTA MOTOR CORP JPY50 COM 6900643 212 3,300 SH SOLE NONE 3,300 0 0 TRAVELERS COMPANIES INC COM 89417E109 458 8,846 SH SOLE NONE 7,826 0 1,020 TRIBUNE CO NEW COM 896047107 16 500 SH SOLE NONE 500 0 0 TWEEDY BROWNE FD AMERICAN MUTUAL 901165209 7 301 SH SOLE NONE 301 0 0 TWEEDY BROWNE FD GLOBAL MUTUAL 901165100 52 1,602 SH SOLE NONE 465 0 1,137 TXU CORP COM 873168108 78 1,220 SH SOLE NONE 320 0 900 TYCO INTL LTD NEW COM 902124106 2 58 SH SOLE NONE 58 0 0 UBS AG-REGISTERED COM B18YFJ4 60 1,000 SH SOLE NONE 1,000 0 0 UNB CORP PA COM 903057107 14 105 SH SOLE NONE 105 0 0 UNILEVER N V NY SHS NEW 904784709 106,075 3,630,220 SH SOLE NONE 3,294,660 0 335,560 UNILEVER PLC SPON ADR NEW 904767704 4 126 SH SOLE NONE 126 0 0 UNION NATL FINL CORP COM 907647101 125 7,820 SH SOLE NONE 7,820 0 0 UNION PAC CORP COM 907818108 41 400 SH SOLE NONE 400 0 0 UNITED OVERSEAS BK LTD ADR COM 911271302 24 875 SH SOLE NONE 875 0 0 UNITED PARCEL SERVICE INC CL B 911312106 11 150 SH SOLE NONE 150 0 0 UNITED TECHNOLOGIES CORP COM 913017109 7 100 SH SOLE NONE 100 0 0 UNITEDHEALTH GROUP INC COM 91324P102 64 1,200 SH SOLE NONE 0 0 1,200 UNIVERSAL CORP VA COM 913456109 31 500 SH SOLE NONE 500 0 0 UNIVERSAL DISPLAY CORP COM 91347P105 139 9,200 SH SOLE NONE 0 0 9,200 UNUM GROUP COM 91529Y106 226 9,800 SH SOLE NONE 9,500 0 300 US GLOBAL INVS INC CL A 902952100 193 7,500 SH SOLE NONE 7,500 0 0 USA MOBILITY INC COM 90341G103 738 37,035 SH SOLE NONE 34,135 0 2,900 UST INC COM 902911106 174,281 3,005,885 SH SOLE NONE 2,742,625 0 263,260 VANGUARD INDEX TR MUTUAL 922908207 41 1,022 SH SOLE NONE 1,022 0 0 VECTREN CORP COM 92240G101 154 5,398 SH SOLE NONE 4,398 0 1,000 VEOLIA ENVIRONNEMENT SPONSORED ADR 92334N103 16 215 SH SOLE NONE 215 0 0 VERIZON COMMUNICATIONS COM 92343V104 104 2,730 SH SOLE NONE 2,730 0 0 VIACOM INC NEW CL B 92553P201 71 1,725 SH SOLE NONE 1,725 0 0 VIAD CORP COM NEW 92552R406 5 125 SH SOLE NONE 125 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 13 480 SH SOLE NONE 480 0 0 VORNADO RLTY TR SH BEN INT 929042109 2,029 17,000 SH SOLE NONE 0 0 17,000 VULCAN MATLS CO COM 929160109 10,556 90,625 SH SOLE NONE 67,775 0 22,850 WACHOVIA CORP 2ND NEW COM 929903102 5,428 98,608 SH SOLE NONE 75,229 0 23,379 WACHOVIA CORP PFD PREFERR 929903201 0 800 SH SOLE NONE 800 0 0 WAL MART STORES INC COM 931142103 2,373 50,543 SH SOLE NONE 29,293 0 21,250 WALGREEN CO COM 931422109 570 12,426 SH SOLE NONE 12,226 0 200 WAL-MART DE MEXICO S A COM P98180105 96 22,500 SH SOLE NONE 0 0 22,500 WASHINGTON MUT INC COM 939322103 81 2,000 SH SOLE NONE 0 0 2,000 WASHINGTON POST CO CL B 939640108 141,006 184,684 SH SOLE NONE 166,970 0 17,714 WAUWATOSA HLDGS INC COM 94348P108 19 1,062 SH SOLE NONE 1,062 0 0 WELLPOINT INC COM 94973V107 98 1,204 SH SOLE NONE 1,204 0 0 WELLS FARGO & CO NEW COM 949746101 184,610 5,361,885 SH SOLE NONE 4,900,725 0 461,160 WESCO FINL CORP COM 950817106 377 820 SH SOLE NONE 670 0 150 WESTERN UN CO COM 959802109 99 4,500 SH SOLE NONE 4,500 0 0 WHOLE FOODS MKT INC COM 966837106 28 625 SH SOLE NONE 625 0 0 WILEY JOHN & SONS INC CL A 968223206 40 1,050 SH SOLE NONE 1,050 0 0 WINTERGREEN FD INC MUTUAL 97607W102 57 4,507 SH SOLE NONE 0 0 4,507 WPP GROUP PLC COM G9787H105 3,272 215,864 SH SOLE NONE 215,864 0 0 WRIGLEY WM JR CO COM 982526105 146 2,862 SH SOLE NONE 2,537 0 325 WYETH COM 983024100 438 8,758 SH SOLE NONE 8,758 0 0 YACKTMAN FD INC MUTUAL 984281105 9 575 SH SOLE NONE 575 0 0 YORK WTR CO COM 987184108 155 9,120 SH SOLE NONE 9,120 0 0 ZIMMER HLDGS INC COM 98956P102 10 120 SH SOLE NONE 120 0 0

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