N-PORT filing recap · March 2021

What did Tweedy, Browne Value Fund buy in March 2021?

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

$407.55M

Positions

Estimated turnover

16.1%

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

FREFresenius SE & Co Kgaa$8.73Mreported value+195.7K shares 3319A-Living Smart City Services Co Ltd$4.25Mreported value+957.8K shares MEGACPOMegacable Holdings Sab De Cv$2.17Mreported value+605.8K shares CNXCConcentrix Corporation$1.94Mreported value+13.0K shares 5122Okamoto Industries Inc$1.07Mreported value+28.0K shares

Increased positions

BABAAlibaba Group Holding Limited$9.08Mreported value+13.9K shares+53.3%RUIRubis Sca$6.53Mreported value+46.8K shares+51.5%

Reduced positions

NSRGYNestle SA$13.25Mreported value-18.2K shares-13.3%DEODiageo Plc$12.93Mreported value-19.1K shares-19.5%HEIOHeineken Holding N.v.$12.75Mreported value-19.4K shares-11.9%AZOAutozone Inc$12.28Mreported value-430 shares

Exited positions

MUV2Munich Reinsurance Company$5.24Mprior reported value-17.6K shares-100.0%COPConocophillips$3.98Mprior reported value-99.4K shares-100.0%4205Zeon Corp$3.28Mprior reported value-228.4K shares-100.0%7272Yamaha Motor Co Ltd$2.69Mprior reported value-131.8K shares