13F filing recap · Q2 2017

What did Tweedy, Browne Company buy in Q2 2017?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Tweedy, Browne account, including accounts that belong to no fund below.

Stock value

$3.37B

Positions

Estimated turnover

4.1%

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.

Increased positions

BIDUBaidu, Inc.$251.54Mreported value+23.4K shares+1.7%RDS-AShell Plc$2.60Mreported value+447 shares+0.9%

Reduced positions

CSCOCisco Systems, Inc.$327.93Mreported value-676.3K shares-6.1%JNJJohnson & Johnson$304.14Mreported value-69.2K shares-2.9%BRK.ABerkshire Hathaway Inc$276.86Mreported value-2 shares-0.2%BNYThe Bank of New York Mellon Corporation$236.07Mreported value-49.8K shares

Exited positions

WMTWalmart Inc.$18.38Mprior reported value-255.0K shares-100.0%