N-PORT filing recap · September 2023

What did Tweedy, Browne Value Fund buy in September 2023?

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

$380.01M

Positions

Estimated turnover

11.2%

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

ATMUAtmus Filtration Technologies Inc.$1.01Mreported value+48.2K shares KVUEKenvue Inc.$499.0Kreported value+24.9K shares

Increased positions

WIPKFWinpak Ltd./adr$4.20Mreported value+48.7K shares+49.5%KEMIRAKemira Oyj$3.55Mreported value+57.7K shares+33.9%GFTUGrafton Group Plc$2.46Mreported value+99.6K shares+80.6%4324Dentsu Group Inc$2.13Mreported value+8.7K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$29.76Mreported value-4 shares-6.7%SAFSafran SA$12.85Mreported value-24.6K shares-23.1%JNJJohnson & Johnson$9.89Mreported value-3.1K shares-4.6%WFCWells Fargo & Company/mn$9.23Mreported value-37.4K shares

Exited positions

CNXCConcentrix Corporation$4.92Mprior reported value-61.0K shares-100.0%BZUBuzzi Unicem Spa$4.00Mprior reported value-159.8K shares-100.0%BNYThe Bank of New York Mellon Corporation$3.41Mprior reported value-76.6K shares-100.0%ZURNZurich Insurance Group AG$2.20Mprior reported value