B. Tweedy, Ch. Browne - Tweedy, Browne Co All Funds (US) 13F Activity & Position Changes (Q1 2018)

According to the SEC 13F filed on Aug 07, 2026, the Tweedy, Browne Co All Funds (US) portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2018. 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 2018, the filing reported:

New Buys - None reported

Increases - AutoZone, Inc., Wells Fargo & Company, WPP plc

Reductions - AGCO Corporation, Avnet, Inc., American Express Company, Baxter International Inc., Baidu, Inc., and 23 more

Complete Exits - DNOW Inc., Trustmark Corporation

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 2018	AGCO AGCO Corporation	AGCO Corporation	Sell	-2,060	-0.3%	$41.65K	642,169
Q1 2018	AVT Avnet, Inc.	Avnet, Inc.	Sell	-4,457	-0.8%	$24.17K	578,834
Q1 2018	AXP American Express Company	American Express Company	Sell	-9,155	-2.9%	$28.25K	302,841
Q1 2018	AZO AutoZone, Inc.	AutoZone, Inc.	Buy	+3,792	+3.8%	$67.28K	103,711
Q1 2018	BAX Baxter International Inc.	Baxter International Inc.	Sell	-1,444,694	-95.2%	$4.71K	72,485
Q1 2018	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-3,791	-0.3%	$309.36K	1,386,073
Q1 2018	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-62,313	-1.4%	$227.34K	4,411,873
Q1 2018	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-6	-0.6%	$318.54K	1,065
Q1 2018	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-2,362	-0.9%	$49.30K	247,117
Q1 2018	CMCSA Comcast Corporation	Comcast Corporation	Sell	-2,504	-0.4%	$21.67K	634,202
Q1 2018	COP ConocoPhillips	ConocoPhillips	Sell	-38,273	-2.0%	$109.86K	1,852,953
Q1 2018	CSCO Cisco	Cisco	Sell	-515,908	-5.0%	$417.02K	9,723,092
Q1 2018	DEO Diageo	Diageo	Sell	-15,548	-5.3%	$37.74K	278,659
Q1 2018	DNOW DNOW Inc.	DNOW Inc.	Sell - Position Exit	-49,982	-100.0%	$0.00	-
Q1 2018	DVN Devon Energy Corporation	Devon Energy Corporation	Sell	-9,976	-0.4%	$86.24K	2,712,672
Q1 2018	EMR Emerson Electric Company	Emerson Electric Company	Sell	-52,757	-4.6%	$74.86K	1,096,124
Q1 2018	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-297	-0.2%	$128.32K	124,370
Q1 2018	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-298	-0.2%	$136.47K	131,579
Q1 2018	HAL Halliburton Company	Halliburton Company	Sell	-57,270	-1.7%	$154.72K	3,296,184
Q1 2018	HSBC HSBC Holdings, plc.	HSBC Holdings, plc.	Sell	-734	-0.5%	$6.78K	142,169
Q1 2018	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-26,736	-1.2%	$284.69K	2,221,515
Q1 2018	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-1,842	-0.7%	$43.19K	246,587
Q1 2018	MMM 3M Company	3M Company	Sell	-92,171	-18.0%	$91.88K	418,551
Q1 2018	NVS Novartis AG	Novartis AG	Sell	-1,110	-0.6%	$15.17K	187,636
Q1 2018	PM Philip Morris International Inc	Philip Morris International Inc	Sell	-1,132,190	-96.4%	$4.16K	41,843
Q1 2018	PSX Phillips 66	Phillips 66	Sell	-1,796	-0.5%	$35.67K	371,846
Q1 2018	TRMK Trustmark Corporation	Trustmark Corporation	Sell - Position Exit	-7,200	-100.0%	$0.00	-
Q1 2018	UNF Unifirst Corporation	Unifirst Corporation	Sell	-525	-1.5%	$5.71K	35,311
Q1 2018	UNP Union Pacific Corporation	Union Pacific Corporation	Sell	-847	-0.3%	$45.31K	337,093
Q1 2018	VZ Verizon Communications Inc.	Verizon Communications Inc.	Sell	-17,460	-3.2%	$25.42K	531,614

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