N-PORT filing recap · September 2021

What did Tweedy, Browne Value Fund buy in September 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

$407.04M

Positions

Estimated turnover

20.8%

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

9988Alibaba Group Holding Limited$7.90Mreported value+426.6K shares 9888Baidu, Inc.$4.45Mreported value+231.7K shares 700Tencent Holdings Ltd$4.30Mreported value+72.1K shares FMCFmc Corporation$4.19Mreported value+45.7K shares NOEJNorma Group SE$3.21Mreported value+76.1K shares RHMRheinmetall AG$2.29Mreported value+23.5K shares 220Uni-President China Holdings Ltd$2.23Mreported value+2.35M shares 00116.HKChow Sang Sang Holdings International Ltd$1.56Mreported value+1.05M shares 9715Transcosmos Inc$1.27Mreported value+38.9K shares LSDAFLassonde Industries Inc$1.18Mreported value+8.2K shares BACHOCOBIndustrias Bachoco Sab De Cv$1.12Mreported value+303.1K shares VVOVivo Energy Plc$1.11Mreported value+774.5K shares 1979Taikisha Ltd$1.04Mreported value+34.6K shares

Increased positions

RUIRubis Sca$6.38Mreported value+46.9K shares+34.1%TKTTTarkett Sadir$3.54Mreported value+75.5K shares+100.9%9934Inaba Denki Sangyo Co Ltd$888.6Kreported value+13.6K shares+59.0%

Reduced positions

CNHCnh Industrial N.v.$15.00Mreported value-37.6K shares-4.1%DEODiageo Plc$12.93Mreported value-11.7K shares-14.9%ROG.SWRoche Holding AG$12.77Mreported value-8.5K shares-19.5%JNJJohnson & Johnson$11.62Mreported value-28.1K shares

Exited positions

BABAAlibaba Group Holding Limited$12.09Mprior reported value-53.3K shares-100.0%BIDUBaidu, Inc.$5.90Mprior reported value-29.0K shares-100.0%STANStandard Chartered Plc$2.24Mprior reported value-351.2K shares-100.0%BABBabcock International Group Plc$1.71Mprior reported value-427.9K shares