B. Tweedy, Ch. Browne - Tweedy, Browne Co All Funds (US) 13F Activity & Position Changes (Q4 2016)

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, 2016. 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 2016, the filing reported:

New Buys - Trustmark Corporation, Williams-Sonoma, Inc.

Increases - AGCO Corporation, Avnet, Inc., American Express Company, The Bank of New York Mellon Cor, Berkshire Hathaway Inc. New, and 2 more

Reductions - Baxter International Inc., Berkshire Hathaway Inc., Comcast Corporation, ConocoPhillips, Cisco, and 19 more

Complete Exits - Illinois Tool Works Inc., Lockheed Martin Corporation, Merck & Company, 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
Q4 2016	AGCO AGCO Corporation	AGCO Corporation	Buy	+152,954	+17.7%	$58.94K	1,018,578
Q4 2016	AVT Avnet, Inc.	Avnet, Inc.	Buy	+139,802	+19.4%	$41.04K	862,098
Q4 2016	AXP American Express Company	American Express Company	Buy	+130,510	+56.2%	$26.86K	362,608
Q4 2016	BAX Baxter International Inc.	Baxter International Inc.	Sell	-6,572	-0.3%	$95.37K	2,150,819
Q4 2016	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Buy	+183,145	+4.1%	$222.78K	4,702,087
Q4 2016	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-3	-0.3%	$265.85K	1,089
Q4 2016	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+81,346	+36.8%	$49.25K	302,180
Q4 2016	CMCSA Comcast Corporation	Comcast Corporation	Sell	-10,793	-1.2%	$62.59K	906,483
Q4 2016	COP ConocoPhillips	ConocoPhillips	Sell	-346,310	-14.2%	$104.67K	2,087,479
Q4 2016	CSCO Cisco	Cisco	Sell	-1,183,533	-9.3%	$347.25K	11,490,655
Q4 2016	DEO Diageo plc	Diageo plc	Sell	-1,765	-0.6%	$32.77K	315,245
Q4 2016	DNOW DNOW Inc.	DNOW Inc.	Sell	-283	-0.6%	$1.03K	50,312
Q4 2016	DVN Devon Energy Corporation	Devon Energy Corporation	Buy	+166,240	+4.9%	$161.70K	3,540,679
Q4 2016	EMR Emerson Electric Company	Emerson Electric Company	Sell	-319,955	-18.7%	$77.37K	1,387,802
Q4 2016	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-363	-0.3%	$97.84K	126,768
Q4 2016	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+7,207	+5.7%	$106.28K	134,110
Q4 2016	HAL Halliburton Company	Halliburton Company	Sell	-538,893	-13.1%	$192.96K	3,567,361
Q4 2016	HSBC HSBC Holdings, plc.	HSBC Holdings, plc.	Sell	-3,148	-1.7%	$7.18K	178,649
Q4 2016	IBM International Business Machines	International Business Machines	Sell	-120,360	-30.5%	$45.58K	274,590
Q4 2016	ITW Illinois Tool Works Inc.	Illinois Tool Works Inc.	Sell - Position Exit	-226,655	-100.0%	$0.00	-
Q4 2016	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-592,221	-19.9%	$274.96K	2,386,562
Q4 2016	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Sell - Position Exit	-80,175	-100.0%	$0.00	-
Q4 2016	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-830	-0.3%	$27.50K	266,340
Q4 2016	MMM 3M Company	3M Company	Sell	-137,473	-17.7%	$114.37K	640,453
Q4 2016	MRK Merck & Company, Inc.	Merck & Company, Inc.	Sell - Position Exit	-3,306	-100.0%	$0.00	-
Q4 2016	NVS Novartis AG	Novartis AG	Sell	-3,525	-1.6%	$15.78K	216,590
Q4 2016	PM Philip Morris International Inc	Philip Morris International Inc	Sell	-113,362	-8.2%	$116.49K	1,273,219
Q4 2016	PSX Phillips 66	Phillips 66	Sell	-37	-0.0%	$34.04K	393,902
Q4 2016	TRMK Trustmark Corporation	Trustmark Corporation	Buy - Position Entry	+7,200	-	$257.00	7,200
Q4 2016	UL Unilever PLC	Unilever PLC	Sell	-1,671	-0.6%	$11.48K	282,056

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