N-PORT filing recap · September 2024

What did Tweedy, Browne Value Fund buy in September 2024?

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

$431.36M

Positions

Estimated turnover

11.5%

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.

Period in review

Tweedy, Browne Value Fund opened new positions in CVS Group, Sopra Steria Group, Kanadevia Corp, Koito Manufacturing, Subaru Corp, Shoei Co, Star Micronics, and Sthree. It exited National Western Life Group and Nabtesco Corp. The fund trimmed Berkshire Hathaway and Scor SE, while adding substantially to Alten SA and dramatically to Fuso Chemical.

New positions

CVSGCVS Group Plc$5.33Mreported value+350.8K shares SOPSopra Steria Group$2.61Mreported value+12.4K shares 7004Kanadevia Corp$2.44Mreported value+352.6K shares 7276Koito Manufacturing Co Ltd$2.22Mreported value+160.8K shares 7270

Increased positions

ATEAlten SA$4.41Mreported value+13.8K shares+53.9%4368Fuso Chemical Co Ltd$2.62Mreported value+54.0K shares+134.3%1979Taikisha Ltd$1.32Mreported value+3.9K shares+11.3%

Reduced positions

BRK.ABerkshire Hathaway Inc$30.41Mreported value-7 shares-13.7%GOOGLAlphabet Inc.$14.35Mreported value-8.4K shares-8.8%AZOAutozone Inc$6.24Mreported value-8 shares-0.4%SCRScor SE$5.24Mreported value-76.8K shares

Exited positions

NWLINational Western Life Group, Inc.$16.75Mprior reported value-33.7K shares-100.0%6268Nabtesco Corp$2.22Mprior reported value-130.0K shares-100.0%