13F filing recap · Q3 2018

What did Tweedy, Browne Company buy in Q3 2018?

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

$3.32B

Positions

Estimated turnover

2.3%

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

CNHCnh Industrial N.v.$7.46Mreported value+621.3K shares

Increased positions

BIDUBaidu, Inc.$316.13Mreported value+8.3K shares+0.6%

Reduced positions

CSCOCisco Systems, Inc.$423.92Mreported value-269.0K shares-3.0%BRK.ABerkshire Hathaway Inc$334.08Mreported value-1 shares-0.1%JNJJohnson & Johnson$295.63Mreported value-37.6K shares-1.7%BNYThe Bank of New York Mellon Corporation$215.84Mreported value-84.6K shares