13F filing recap · Q1 2019

What did Tweedy, Browne Company buy in Q1 2019?

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

$3.03B

Positions

Estimated turnover

5.9%

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.$236.89Mreported value+48.3K shares+3.5%GOOGLAlphabet Inc.$158.97Mreported value+5.6K shares+4.4%USBUS Bancorp$40.00Mreported value+290.3K shares+53.8%AVTAvnet, Inc.$25.26Mreported value+1.4K shares+0.2%CCLCarnival Corporation Ltd.$3.95Mreported value+2.8K shares+3.7%RDS-AShell Plc$3.14Mreported value+1.7K shares+3.6%

Reduced positions

CSCOCisco Systems, Inc.$416.36Mreported value-529.5K shares-6.4%BRK.ABerkshire Hathaway Inc$309.95Mreported value-10 shares-1.0%JNJJohnson & Johnson$287.46Mreported value-75.4K shares-3.5%BNYThe Bank of New York Mellon Corporation$211.83Mreported value-15.2K shares