Tweedy Browne 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Tweedy Browne disclosed 38 US equity positions worth $2.1bn in its Q1 2011 13F filing. The largest position was PM at 19.9% of the reported book, followed by JNJ and BAX. Against the Q4 2010 filing, it opened 1 new position, added to 10 and reduced 10 among the top 38 holdings.
What did Tweedy Browne own in Q1 2011? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 19.9% | $424.4m | 6,466,470 | -1% | reduced |
| 2 | JNJ JOHNSON & JOHNSON | Healthcare | 8.0% | $169.7m | 2,863,448 | 8% | added |
| 3 | BAX BAXTER INTERNATIONAL INC | Healthcare | 7.6% | $161.6m | 3,005,438 | -0% | held |
| 4 | KOF COCA COLA FEMSA | 6.9% | $145.9m | 1,895,208 | -0% | held | |
| 5 | SKM SK TELECOM | 6.4% | $136.6m | 7,264,337 | 4% | added | |
| 6 | DVN DEVON ENERGY | Energy | 5.2% | $111.1m | 1,211,006 | -0% | held |
| 7 | UNP UNION PACIFIC | Industrials | 4.7% | $99.2m | 1,008,897 | -0% | held |
| 8 | EMR EMERSON ELECTRIC COMPANY | Industrials | 4.6% | $97.9m | 1,674,740 | -16% | reduced |
| 9 | MMM 3M CO | Industrials | 4.0% | $84.1m | 899,810 | -0% | held |
| 10 | TRANSATLANTIC HLDGS | 3.5% | $75.5m | 1,551,349 | 1% | added | |
| 11 | BRO BROWN AND BROWN INC | Financial Services | 3.0% | $64.2m | 2,487,793 | -0% | held |
| 12 | CSCO CISCO SYSTEMS INC | Technology | 3.0% | $63.4m | 3,697,747 | – | new |
| 13 | WFC WELLS FARGO & COMPANY | Financial Services | 2.4% | $51.8m | 1,633,279 | 23% | added |
| 14 | NSC NORFOLK SOUTHERN CORP | Industrials | 2.2% | $46.7m | 674,699 | -0% | held |
| 15 | COMCAST CORP SPECIAL | 2.0% | $43.2m | 1,861,167 | -1% | reduced | |
| 16 | BNY BANK OF NEW YORK MELLON CORP | Financial Services | 2.0% | $43.1m | 1,442,702 | 1% | added |
| 17 | UNILEVER (UN) | 2.0% | $42.3m | 1,349,917 | 0% | held | |
| 18 | UNF UNIFIRST CORP | Industrials | 1.9% | $39.8m | 749,936 | -1% | reduced |
| 19 | MA MASTERCARD INC | Financial Services | 1.3% | $26.8m | 106,645 | 6% | added |
| 20 | USB US BANCORP | Financial Services | 1.1% | $22.5m | 850,700 | 0% | held |
| 21 | LEUCADIA NATIONAL CORP | 1.0% | $20.7m | 550,546 | -52% | reduced | |
| 22 | NATIONAL WESTERN LIFE INS CO | 1.0% | $20.5m | 126,446 | -1% | reduced | |
| 23 | NVS NOVARTIS AG | Healthcare | 0.9% | $19.4m | 357,391 | -2% | reduced |
| 24 | CTAS CINTAS CORP | Industrials | 0.8% | $18.0m | 595,146 | 4% | added |
| 25 | AXP AMERICAN EXPRESS COMPANY | Financial Services | 0.8% | $17.5m | 386,685 | -0% | held |
| 26 | GPC GENUINE PARTS CO | Consumer Cyclical | 0.8% | $16.7m | 311,869 | -1% | reduced |
| 27 | T AT&T INC | Communication Services | 0.6% | $12.1m | 395,291 | 0% | held |
| 28 | SYY SYSCO CORP | Consumer Defensive | 0.6% | $12.1m | 436,543 | 35% | added |
| 29 | KO COCA COLA COMPANY | Consumer Defensive | 0.4% | $9.5m | 142,569 | 0% | held |
| 30 | UNILEVER ( ul ) | 0.4% | $9.2m | 301,180 | 1% | added | |
| 31 | GLAXO SMITHKLINE PLC, | 0.4% | $7.6m | 196,737 | 2% | added | |
| 32 | AVATAR HOLDINGS INC | 0.3% | $5.6m | 282,620 | -1% | reduced | |
| 33 | LMT LOCKHEED MARTIN CORP | Industrials | 0.2% | $5.2m | 64,155 | 0% | held |
| 34 | G & K SERVICES INC | 0.1% | $1.9m | 58,072 | -63% | reduced | |
| 35 | ACMAT CORP | 0.1% | $1.3m | 51,890 | 0% | held | |
| 36 | SHEN SHENANDOAH TELECOMMUNICATIONS | Communication Services | 0.0% | $720.0k | 39,840 | 0% | held |
| 37 | EXMOC EXXON MOBIL CORPORATION | 0.0% | $258.0k | 3,070 | 0% | held | |
| 38 | TRUMANSBURG HOME TEL CO | 0.0% | $151.0k | 15,100 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.