B. Tweedy, Ch. Browne - Tweedy, Browne Co All Funds (US) 13F Activity & Position Changes (Q4 2014)

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 Dec 31, 2014. 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 Q4 2014, the filing reported:

New Buys - AGCO Corporation, ConocoPhillips

Increases - Halliburton Company, Verizon Communications Inc.

Reductions - American Express Company, Baxter International Inc., The Bank of New York Mellon Cor, Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, and 20 more

Complete Exits - Banco Santander Brasil SA

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
Q4 2014	AGCO AGCO Corporation	AGCO Corporation	Buy - Position Entry	+292,573	-	$13.22K	292,573
Q4 2014	AXP American Express Company	American Express Company	Sell	-10,134	-3.6%	$25.32K	272,094
Q4 2014	BAX Baxter International Inc.	Baxter International Inc.	Sell	-8,938	-0.3%	$188.53K	2,572,339
Q4 2014	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-34,035	-0.8%	$167.18K	4,120,768
Q4 2014	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-2	-0.2%	$266.00K	1,177
Q4 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-6,704	-1.7%	$59.43K	395,834
Q4 2014	BSBR Banco Santander Brasil SA	Banco Santander Brasil SA	Sell - Position Exit	-35,814,778	-100.0%	$0.00	-
Q4 2014	CNQ Canadian Natural Resources Limi	Canadian Natural Resources Limi	Sell	-545,700	-81.4%	$3.88K	125,000
Q4 2014	COP ConocoPhillips	ConocoPhillips	Buy - Position Entry	+2,832,147	-	$195.59K	2,832,147
Q4 2014	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell	-24,730	-0.2%	$296.37K	10,655,032
Q4 2014	DEO Diageo plc	Diageo plc	Sell	-7,157	-2.1%	$37.55K	329,124
Q4 2014	DNOW DNOW Inc.	DNOW Inc.	Sell	-111	-0.1%	$2.21K	86,072
Q4 2014	DVN Devon Energy Corporation	Devon Energy Corporation	Sell	-12,090	-0.3%	$255.93K	4,181,163
Q4 2014	EMR Emerson Electric Company	Emerson Electric Company	Sell	-8,015	-0.4%	$129.60K	2,099,523
Q4 2014	HAL Halliburton Company	Halliburton Company	Buy	+18,330	+0.3%	$210.42K	5,350,020
Q4 2014	HSBC HSBC Holdings, plc.	HSBC Holdings, plc.	Sell	-4,400	-2.6%	$7.92K	167,595
Q4 2014	ITW Illinois Tool Works Inc.	Illinois Tool Works Inc.	Sell	-526	-0.1%	$33.40K	352,727
Q4 2014	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-21,489	-0.5%	$433.18K	4,142,445
Q4 2014	KOF Coca Cola Femsa S.A.B. de C.V.	Coca Cola Femsa S.A.B. de C.V.	Sell	-2,407	-0.5%	$45.03K	520,470
Q4 2014	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-1,855	-0.6%	$26.06K	302,450
Q4 2014	MMM 3M Company	3M Company	Sell	-8,707	-0.8%	$171.96K	1,046,520
Q4 2014	NVS Novartis AG	Novartis AG	Sell	-17,946	-6.3%	$24.65K	266,037
Q4 2014	PSX Phillips 66	Phillips 66	Sell	-2,244	-0.6%	$28.71K	400,488
Q4 2014	TTE TotalEnergies SE	TotalEnergies SE	Sell	-12,035	-3.0%	$19.71K	384,880
Q4 2014	UL Unilever PLC	Unilever PLC	Sell	-3,000	-1.0%	$11.58K	285,957
Q4 2014	UNF Unifirst Corporation	Unifirst Corporation	Sell	-891	-0.5%	$23.71K	195,259
Q4 2014	UNP Union Pacific Corporation	Union Pacific Corporation	Sell	-3,891	-0.8%	$55.98K	469,931
Q4 2014	VZ Verizon Communications Inc.	Verizon Communications Inc.	Buy	+382,841	+37.6%	$65.51K	1,400,454
Q4 2014	WFC Wells Fargo & Company	Wells Fargo & Company	Sell	-38,475	-0.7%	$282.88K	5,160,107
Q4 2014	WMT Walmart Inc.	Walmart Inc.	Sell	-1,564	-0.2%	$85.02K	989,978