13F filing recap · Q3 2017

What did Tweedy, Browne Company buy in Q3 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

$3.68B

Positions

Estimated turnover

3.4%

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

AZOAutozone Inc$60.75Mreported value+102.1K shares SNIScripps Networks Interactive, Inc.$23.70Mreported value+275.9K shares

Increased positions

BIDUBaidu, Inc.$348.40Mreported value+250 shares+0.0%MRCMrc Global Inc$90.17Mreported value+684.2K shares+15.3%UNPUnion Pacific Corp$39.33Mreported value+184 shares+0.1%VZVerizon Communications Inc$27.17Mreported value+124 shares

Reduced positions

CSCOCisco Systems, Inc.$352.13Mreported value-6.2K shares-0.1%JNJJohnson & Johnson$298.06Mreported value-6.5K shares-0.3%BNYThe Bank of New York Mellon Corporation$244.53Mreported value-14.9K shares-0.3%WFCWells Fargo & Company/mn$194.04Mreported value-4.6K shares