N-PORT filing recap · September 2020

What did Tweedy, Browne Value Fund buy in September 2020?

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

$340.06M

Positions

Estimated turnover

9.6%

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

INTCIntel Corp$1.95Mreported value+37.7K shares CSLCarlisle Companies Incorporated$1.93Mreported value+15.8K shares TFCTruist Financial Corp$1.93Mreported value+50.6K shares BACBank of America Corp$1.85Mreported value+76.8K shares JSGJohnson Service Group Plc$841.9Kreported value+723.6K shares 7864Fuji Seal International Inc$799.4Kreported value+41.7K shares AGIAlliance Global Group Inc$247.3Kreported value+1.71M shares

Increased positions

4503Astellas Pharma Inc$3.48Mreported value+117.3K shares+100.0%1Ck Hutchison Holdings Limited$2.60Mreported value+164.0K shares+61.2%BABBabcock International Group Plc$2.36Mreported value+178.3K shares+32.4%3405Kuraray Co Ltd$1.85Mreported value+24.6K shares

Reduced positions

NSRGYNestle SA$17.29Mreported value-11.9K shares-7.6%ROG.SWRoche Holding AG$14.93Mreported value-985 shares-2.2%NOVNNovartis AG$8.89Mreported value-41.5K shares-28.9%ZURNZurich Insurance Group AG$7.13Mreported value-6.8K shares

Exited positions

ANTOAntofagasta Plc$3.86Mprior reported value-334.8K shares-100.0%RDSAShell Plc$3.31Mprior reported value-202.4K shares-100.0%