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: September 30, 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 November 8, 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: 247 Form 13F Information Table Value Total: 6,859,349 (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 23 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 22 18 SH Sole 18 Berner Gruppen PFD PFD r10549112 122 3501 SH Sole 701 2800 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 1813 238498 SH Sole 229898 8600 Federated Capital Inc FD A SH BEN INT 31420c878 11 1357 SH Sole 1357 Federated Inc Secs USGVT A SH BEN INT 31420c704 15 1950 SH Sole 1950 Pimco High Yield Fun-Instl SH BEN INT 693390841 106 11116 SH Sole 11116 3M Company COM 88579y101 275 2975 SH Sole 975 2000 A T & T Inc COM 00206r102 248 6575 SH Sole 6575 Abbott Labs COM 002824100 7168 104550 SH Sole 100050 4500 Acco Brands Corp COM 00081t108 0 14 SH Sole 14 ACNB Corp COM 000868109 14 881 SH Sole 881 Advance Auto Pts Inc COM 00751Y106 27 400 SH Sole 400 Alleghany Corp COM 017175100 160 465 SH Sole 228 237 Altria Group Inc COM 02209s103 229875 6884537 SH Sole 6494302 390235 Amazon.com Inc COM 023135106 65 254 SH Sole 50 204 America Movil ADR COM 02364w105 31 1200 SH Sole 1200 American Express COM 025816109 6633 116650 SH Sole 107750 8900 Amgen Inc COM 031162100 8 100 SH Sole 100 Anheuser-Busch InBev ADR COM 03524a108 329192 3831822 SH Sole 3581787 250035 Apple Computer Inc COM 037833100 50 75 SH Sole 75 Associated Banc Corp COM 045487105 5 390 SH Sole 390 Automatic Data Processing COM 053015103 65 1100 SH Sole 1100 Baidu Inc Spons ADR COM 056752108 16 135 SH Sole 135 Bank Amer Corp COM 060505104 22 2500 SH Sole 1500 1000 Bank of New York Mellon COM 064058100 45 2000 SH Sole 2000 BB&T Corp COM 054937107 1331 40150 SH Sole 40150 Beam Inc COM 073730103 29 500 SH Sole 500 Berkshire Hathaway Inc Cl A COM 084670108 597946 4506 SH Sole 4239 267 Berkshire Hathaway Inc Cl B COM 084670702 177458 2012001 SH Sole 1824793 187208 Boeing COM 097023105 35 500 SH Sole 500 BP PLC ADR COM 055622104 259 6126 SH Sole 6126 British Amern Tob PLC ADR COM 110448107 498 4850 SH Sole 4850 Brown-Forman Corp Cl A COM 115637100 172002 2751584 SH Sole 2576233 175352 Brown-Forman Corp Cl B COM 115637209 8910 136548 SH Sole 121021 15527 Burnham Hldgs Inc Cl A COM 122295108 15 1000 SH Sole 400 600 Carlisle Inc COM 142339100 563 10834 SH Sole 10834 Caterpillar Inc COM 149123101 67 775 SH Sole 775 Chevron Corp COM 166764100 6438 55236 SH Sole 54086 1150 Church & Dwight Inc COM 171340102 32 600 SH Sole 600 Churchill Downs Inc COM 171484108 6 100 SH Sole 100 CIE Financiere Richemont-Unsp COM 204319107 789 131500 SH Sole 131500 Cincinnati Finl Corp COM 172062101 6 150 SH Sole 150 Coca-Cola COM 191216100 6586 173623 SH Sole 140827 32796 Colgate Palmolive COM 194162103 27 250 SH Sole 250 Comcast Corp New Cl A COM 20030n101 899 25163 SH Sole 25163 Comcast Corp Special Cl A COM 20030n200 159132 4571450 SH Sole 4290689 280761 Conocophillips COM 20825c104 944 16509 SH Sole 15409 1100 Constellation Brands Inc COM 21036p108 6 200 SH Sole 200 Corning Inc COM 219350105 23 1750 SH Sole 1750 Costco Whsl Corp COM 22160k105 616 6155 SH Sole 6155 Crane COM 224399105 7631 191097 SH Sole 169917 21180 Danaher Corp COM 235851102 229 4151 SH Sole 3712 439 Danone ADR COM 23636T100 2669 216525 SH Sole 144025 72500 Deere & Co COM 244199105 1027 12450 SH Sole 11625 825 Diageo PLC Sponsored ADR COM 25243q205 45962 407714 SH Sole 373082 34632 Discover Finl Svcs COM 254709108 111 2800 SH Sole 2500 300 Disney Walt Productions COM 254687106 627 12000 SH Sole 11150 850 Dover Corp COM 260003108 5322 89460 SH Sole 77960 11500 Du Pont E I De Nemours COM 263534109 1365 27150 SH Sole 27150 EMC Corp COM 268648102 55 2000 SH Sole 2000 Entergy Corp COM 29364g103 7 100 SH Sole 100 Expeditors Intl Wash Inc COM 302130109 109 3000 SH Sole 3000 Express Scripts Holdings Co COM 30219g108 24 390 SH Sole 390 Exxon Mobil Corp COM 30231g102 15779 172540 SH Sole 158017 14523 Fastenal COM 311900104 82 1900 SH Sole 1900 FedEx Corp COM 31428x106 20 240 SH Sole 240 Fomento Economico Mex Sp ADR COM 344419106 9900 107635 SH Sole 76535 31100 Fortune Brands Home & Security COM 34964C106 19 700 SH Sole 700 Fulton Finl Corp COM 360271100 937 95168 SH Sole 75168 20000 Gannett Inc COM 364730101 13 750 SH Sole 750 General Dynamics Corp COM 369550108 544 8225 SH Sole 8225 General Electric COM 369604103 125 5501 SH Sole 5501 Genesee & Wyo Inc Cl A COM 371559105 15 225 SH Sole 225 Glatfelter P H COM 377316104 20 1100 SH Sole 400 700 Global Payments COM 37940x102 68 1625 SH Sole 1625 Goldman Sachs Group Inc COM 38141g104 6760 59465 SH Sole 57265 2200 Google Inc Cl A COM 38259p508 601 796 SH Sole 746 50 Grupo Televisa SA DE CV ORD COM 40049j206 35 1475 SH Sole 1475 Hain Celestial Group Inc COM 405217100 6 100 SH Sole 100 Hasbro Inc COM 418056107 34322 899297 SH Sole 842496 56801 Healthsouth Corp COM 421924309 106 4400 SH Sole 4400 Heartland Express Inc COM 422347104 223 16699 SH Sole 14499 2200 Heineken NV Unspons ADR COM 423012202 1058 35471 SH Sole 35471 Heinz H J Company COM 423074103 6 100 SH Sole 100 Helix Energy Solutions COM 42330p107 18 1000 SH Sole 1000 Herman Miller Inc COM 600544100 8024 412750 SH Sole 372200 40550 Hershey Foods Corp COM 427866108 39 555 SH Sole 555 Home Depot Inc COM 437076102 129 2130 SH Sole 2130 Hormel Foods Corp COM 440452100 4276 146251 SH Sole 126051 20200 I B M COM 459200101 2289 11033 SH Sole 10646 387 Imperial Tobacco PLC ADR COM 453142101 11 150 SH Sole 150 Intel Corp COM 458140100 5 210 SH Sole 210 Intuitive Surgical Inc COM 46120E602 55 111 SH Sole 111 J.P. Morgan Chase COM 46625h100 692 17100 SH Sole 2100 15000 John Wiley & Son Inc Cl A COM 968223206 91 1975 SH Sole 1975 Johnson & Johnson COM 478160104 373 5415 SH Sole 5115 300 Kellogg COM 487836108 35 675 SH Sole 675 Keycorp New COM 493267108 1 100 SH Sole 100 Lamar Advertising Cl A COM 512815101 783 21125 SH Sole 20415 710 Leucadia Natl Corp COM 527288104 813 35750 SH Sole 35750 Lexington Corp PPTYS TR COM 529043101 72 7500 SH Sole 7500 Lockheed Martin Corp COM 539830109 33 350 SH Sole 350 Lowes Inc COM 548661107 17 550 SH Sole 550 Luxottica SPA Miliano ADR COM 55068r202 15 430 SH Sole 430 Manpowergroup COM 56418h100 5 131 SH Sole 131 Markel Corp COM 570535104 9289 20259 SH Sole 18529 1730 Martin Marietta Materials COM 573284106 137226 1655921 SH Sole 1557481 98440 Mastercard Inc Cl A COM 57636q104 394791 874437 SH Sole 814536 59901 Mattel Inc COM 577081102 803 22625 SH Sole 21125 1500 McClatchy Company Cl A COM 579489105 11 5000 SH Sole 5000 McCormick Inc COM 579780206 3452 55635 SH Sole 47435 8200 McDonalds Corp COM 580135101 602 6560 SH Sole 6435 125 McKesson HBOC Inc COM 58155q103 37 425 SH Sole 425 Meadwestvaco Corp COM 583334107 16 507 SH Sole 507 Medtronic Inc COM 585055106 91 2100 SH Sole 2100 Merck Inc COM 58933Y105 292 6486 SH Sole 6486 Microsoft Corp COM 594918104 2058 69167 SH Sole 67717 1450 Mirant Corp Escrow Shares COM 604675991 0 500 SH Sole 500 Modine Mfg COM 607828100 4 600 SH Sole 600 Mohawk Inds Inc COM 608190104 32 400 SH Sole 400 Mondelez International Inc COM 609207105 7 177 SH Sole 177 Monsanto COM 61166w101 225 2476 SH Sole 1650 826 Murphy Oil Corp COM 626717102 70 1300 SH Sole 1300 Mylan Labs Inc COM 628530107 85 3500 SH Sole 3500 National Penn Bancshares COM 637138108 42 4644 SH Sole 4644 Nestle SA-Spons ADR COM 641069406 735497 11656336 SH Sole 10864451 791885 Newell Rubbermaid Inc COM 651229106 5 250 SH Sole 250 News Corp Cl A COM 65248e104 15 625 SH Sole 625 News Corp Cl B COM 65248e203 99 4000 SH Sole 4000 Nextera Energy Inc COM 65339F101 14 200 SH Sole 200 Northern Trust Corp COM 665859104 209 4500 SH Sole 4500 Novartis AG ADR Sponsored COM 66987v109 8 125 SH Sole 125 Nuveen PA Invt Qual MUN FD COM 670972108 27 1630 SH Sole 1630 Omnicom Group COM 681919106 98 1900 SH Sole 1600 300 Oracle Corp COM 68389x105 44 1400 SH Sole 1400 Pentair LTD COM h6169q108 33 748 SH Sole 748 Pepsico Inc COM 713448108 5377 75982 SH Sole 73548 2434 Pernod-Ricard SA-Unspon ADR COM 714264207 801 35675 SH Sole 35675 Pfizer Inc COM 717081103 47 1900 SH Sole 1900 Philip Morris International In COM 718172109 696996 7749570 SH Sole 7236146 513424 Phillips 66 COM 718546104 378 8154 SH Sole 7604 550 Pioneer Nat Res COM 723787107 313 3000 SH Sole 3000 PNC Bank Corp COM 693475105 1686 26717 SH Sole 23517 3200 Post Holdings COM 737446104 1 26 SH Sole 26 PPL Corp COM 69351t106 12 400 SH Sole 400 Praxair Inc COM 74005p104 3197 30780 SH Sole 29280 1500 Precision Castparts Corp COM 740189105 1176 7200 SH Sole 7200 Procter & Gamble COM 742718109 11479 165494 SH Sole 153644 11850 Progressive Corp Ohio COM 743315103 2306 111210 SH Sole 95932 15278 Renaissancere Hldgs LTD COM g7496g103 3 40 SH Sole 40 Reynolds American Inc COM 761713106 4 100 SH Sole 100 Rite Aid Corp COM 767754104 4 3500 SH Sole 3500 Royal Dutch Shell PLC ADR A COM 780259206 5145 74125 SH Sole 56375 17750 Royal Dutch Shell PLC ADR B COM 780259107 23 325 SH Sole 325 S Y Bancorp Inc COM 785060104 30 1271 SH Sole 1271 SABMiller PLC Sponsored ADR COM 78572m105 826 18800 SH Sole 18800 Schlumberger LTD COM 806857108 501 6925 SH Sole 6925 Schulman A Inc COM 808194104 11 467 SH Sole 467 Scotts Miracle-Gro Cl A COM 810186106 226 5200 SH Sole 2450 2750 Scripps Networks Interactive C COM 811065101 87775 1433528 SH Sole 1352306 81222 Smucker J M COM 832696405 44 506 SH Sole 506 SPDR Trust Series 1 COM 78462f103 245 1700 SH Sole 1700 Staples Inc COM 855030102 29 2500 SH Sole 2500 Susquehanna Bancshrs Inc COM 869099101 205 19581 SH Sole 19581 Swiss Helvetia FD Inc COM 870875101 539 50000 SH Sole 50000 Target Corp COM 87612e106 35 549 SH Sole 200 349 Tiffany COM 886547108 22 350 SH Sole 350 Time Warner Cable Inc Cl A COM 88732J207 12 123 SH Sole 123 Time Warner Inc COM 887317303 70 1549 SH Sole 1549 TJX Companies Inc COM 872540109 45 1000 SH Sole 1000 Tootsie Roll Inds Inc COM 890516107 43 1593 SH Sole 1593 Total S A-Spon ADR COM 89151e109 50 1000 SH Sole 1000 UNB Corp PA COM 903057107 13 105 SH Sole 105 Unilever NV ADR COM 904784709 284923 8030522 SH Sole 7494262 536260 Union Pac Corp COM 907818108 137 1150 SH Sole 1150 United Overseas BK LTD ADR COM 911271302 10 325 SH Sole 325 United Techn Corp COM 913017109 4 50 SH Sole 50 Unum Group COM 91529y106 102 5325 SH Sole 5325 US Bancorp COM 902973304 121 3539 SH Sole 600 2939 US Global Investors COM 902952100 41 6750 SH Sole 6750 Vectren Corp COM 92240g101 46 1599 SH Sole 1599 Verizon Communications COM 92343v104 52 1150 SH Sole 1150 Visa Inc Cl A COM 92826c839 13030 97037 SH Sole 92312 4725 Vodafone Group Inc COM 92857w209 1 50 SH Sole 50 Wal Mart Stores Inc COM 931142103 1781 24128 SH Sole 21074 3054 Walgreen Company COM 931422109 36 1000 SH Sole 1000 Washington Post Cl B COM 939640108 43446 119675 SH Sole 112883 6792 Wellpoint Inc COM 94973v107 12 204 SH Sole 204 Wells Fargo COM 949746101 369752 10708150 SH Sole 10040571 667579 Whole Foods Mkt Inc COM 966837106 54 550 SH Sole 550 Yahoo Inc COM 984332106 3 200 SH Sole 200 Yum Brands Inc COM 988498101 146 2200 SH Sole 2200 Bank of America Corp WTS Exp 1 WTS 060505153 1 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 1551 150750 SH Sole 150750 Wells Fargo WTS Exp 10/28/18 WTS 949746119 1754 177750 SH Sole 177750 A P Moller-Maersk A/S COM k0514g135 930 137 SH Sole 41 96 Anglo American PLC COM g03764134 279 9500 SH Sole 2500 7000 Anheuser-Busch InBev COM b6399c107 1277 15000 SH Sole 15000 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 279 300 SH Sole 100 200 Bayerische Motoren Werke AG COM d12096109 55 750 SH Sole 500 250 Baytex Energy Corp COM 07317Q105 67 1420 SH Sole 1420 Berner Gruppen COM r10549104 4071 116554 SH Sole 103339 13215 BIC COM f10080103 2827 23375 SH Sole 8825 14550 Bollore COM f10659112 78 300 SH Sole 300 British American Tobacco PLC COM g1510j102 217170 4229816 SH Sole 3956606 273210 CFAO COM f2015w102 65 1350 SH Sole 1350 Cir SPA COM t28980125 142 125000 SH Sole 125000 Compagnie Financiere Richemont COM h25662158 421724 7027240 SH Sole 6573429 453811 Daily Mail & Gen TST - A COM g26236128 33 4264 SH Sole 4264 Daimler COM d1668r123 49 1002 SH Sole 1002 Diageo PLC COM g42089113 191538 6818857 SH Sole 6376884 441973 Groupe Danone COM f12033134 263 4275 SH Sole 4275 Heineken Holding NV COM n39338194 445779 9167977 SH Sole 8557716 610261 Heineken NV COM n39427211 3430 57464 SH Sole 52423 5041 Imperial Tobacco Group PLC COM g4721w102 274 7400 SH Sole 6650 750 Jardine Strategic COM G50764102 96 2829 SH Sole 2829 JC Decaux SA ACT COM f5333n100 28082 1236036 SH Sole 1072426 163610 Lindt & Spruengli AG - Reg COM h49983176 1300 36 SH Sole 8 28 Lonrho PLC COM g56357109 22 150000 SH Sole 150000 Loreal SA COM f58149133 250 2015 SH Sole 2015 Nestle SA-REG COM h57312649 2524 40000 SH Sole 40000 NHST Media Group COM r4700l117 1815 19790 SH Sole 19458 332 Onex Corporation COM 68272K103 46 1160 SH Sole 1160 Pargesa Holding AG - B COM h60477207 1951 29425 SH Sole 13425 16000 Pernod Ricard COM f72027109 408952 3640804 SH Sole 3408046 232758 PZ Cussons PLC COM g6850s109 61 12500 SH Sole 12500 Reckitt Benckiser Group PLC COM g74079107 471 8175 SH Sole 8175 Roche Holding AG COM 001203204 266 1425 SH Sole 1425 SABMiller PLC COM g77395104 398139 9064551 SH Sole 8473840 590711 Schibsted A/S COM r75677105 252 6587 SH Sole 6587 Strauss Group LTD COM M8553H110 53 5000 SH Sole 5000 Suncor Energy Inc COM 867224107 131 4000 SH Sole 4000 Superior Plus Corp COM 86828p103 46 5000 SH Sole 5000 Swedish Match AB COM w92277115 16419 405325 SH Sole 319650 85675 Syngenta AG COM h84140112 224 600 SH Sole 600 The Swatch Group AG-BR COM h83949141 20597 51591 SH Sole 42389 9202 Thomson Reuters Corp COM 884903105 35 1200 SH Sole 1200 Tim Hortons Inc COM 88706m103 10 200 SH Sole 200 Unilever NV COM n8981f271 974 27500 SH Sole 27500 Wal-Mart De Mexico S A COM p98180105 34 12000 SH Sole 12000