B. Tweedy, Ch. Browne - Tweedy, Browne Co All Funds (US) 13F Activity & Position Changes (Q1 2014)

As of Mar 31, 2014, the Tweedy, Browne Co All Funds (US) portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 06, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2014, the filing reported:

New Buys - None reported

Increases - Banco Santander Brasil SA, Mastercard Incorporated, Philip Morris International Inc

Reductions - American Express Company, Baxter International Inc., The Bank of New York Mellon Cor, Cisco Systems, Inc., Diageo, and 16 more

Complete Exits - Automatic Data Processing, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell - Position Exit	-141,914	-100.0%	$0.00	-
Q1 2014	AXP American Express Company	American Express Company	Sell	-550	-0.2%	$26.16K	290,528
Q1 2014	BAX Baxter International Inc.	Baxter International Inc.	Sell	-105	-0.0%	$191.44K	2,601,848
Q1 2014	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-8,070	-0.2%	$148.86K	4,218,175
Q1 2014	BSBR Banco Santander Brasil SA	Banco Santander Brasil SA	Buy	+12,128,752	+24.7%	$341.62K	61,332,358
Q1 2014	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell	-117,515	-1.1%	$245.57K	10,955,664
Q1 2014	DEO Diageo	Diageo	Sell	-250	-0.1%	$42.13K	338,129
Q1 2014	DVN Devon Energy Corporation	Devon Energy Corporation	Sell	-2,640	-0.1%	$283.32K	4,233,015
Q1 2014	FHI Federated Hermes, Inc.	Federated Hermes, Inc.	Sell	-3,500	-11.9%	$791.00	25,906
Q1 2014	HAL Halliburton Company	Halliburton Company	Sell	-46,100	-0.8%	$322.61K	5,478,207
Q1 2014	HSBC HSBC Holdings, plc.	HSBC Holdings, plc.	Sell	-7,889	-4.5%	$8.58K	168,795
Q1 2014	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-36,725	-0.9%	$419.36K	4,269,206
Q1 2014	KOF Coca Cola Femsa S.A.B. de C.V.	Coca Cola Femsa S.A.B. de C.V.	Sell	-80,084	-13.3%	$55.17K	522,877
Q1 2014	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+323,117	+759.1%	$27.32K	365,680
Q1 2014	MMM 3M Company	3M Company	Sell	-480	-0.0%	$144.25K	1,063,289
Q1 2014	NVS Novartis	Novartis	Sell	-840	-0.3%	$24.78K	291,500
Q1 2014	PM Philip Morris International Inc	Philip Morris International Inc	Buy	+6,200	+0.3%	$157.42K	1,922,821
Q1 2014	PSX Phillips 66	Phillips 66	Sell	-6,045	-1.5%	$31.28K	405,901
Q1 2014	SYY Sysco Corporation	Sysco Corporation	Sell	-724,532	-63.1%	$15.33K	424,376
Q1 2014	TTE TotalEnergies SE	TotalEnergies SE	Sell	-2,210	-0.5%	$26.45K	403,263
Q1 2014	UNF Unifirst Corporation	Unifirst Corporation	Sell	-128,809	-39.3%	$21.90K	199,219
Q1 2014	UNP Union Pacific Corporation	Union Pacific Corporation	Sell	-155,018	-39.1%	$45.34K	241,628
Q1 2014	WFC Wells Fargo & Company	Wells Fargo & Company	Sell	-750	-0.0%	$264.13K	5,310,180
Q1 2014	WMT Walmart Inc.	Walmart Inc.	Sell	-175,665	-13.9%	$83.12K	1,087,540
Q1 2014	XOM Exxon Mobil Corporation	Exxon Mobil Corporation	Sell	-170	-6.7%	$231.00	2,364