N-PORT filing recap · December 2019

What did Tweedy, Browne Value Fund buy in December 2019?

Reported stock-position changes between this filing and the previous one. These are Tweedy, Browne Value Fund's own holdings, not the firm's.

Stock value

$403.32M

Positions

Estimated turnover

5.3%

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.

Reduced positions

ANTOAntofagasta Plc$7.94Mreported value-193.0K shares-22.8%STANStandard Chartered Plc$6.62Mreported value-500.0K shares-41.6%

Exited positions

SPRAAxel Springer SE$8.76Mprior reported value-127.5K shares-100.0%005380Hyundai Motor Co$5.28Mprior reported value-47.1K shares-100.0%