Published On: Wed, Oct 22nd, 2014

Top Picks from Tweedy Browne’s Value Fund

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Tweedy Browne’s value fund typically chooses foreign stocks, but sometimes buys American stocks with promise. It added a position in a Canadian stock, Pacific Rubailes Energy corp. The fund purchased  5.065 million shares, and it is now 1.4% of the portfolio. The average purchase price was $21 per share. Its market cap is $5.57 billion.

The fund increased its holdings of its top ten positions, including the top three, including Antofagasta. Its position increase 95.2% to  comprise 1.2% of the portfolio. The company is engaged in copper mining and has a market cap of $6.71 billion. The dividend yield is 8.54%.

The fund added to its position of GlaxoSmithKline, in which it increased its position by 77.8% to make it  1.2% of the portfolio.The company has a market cap of $64.33 billion and has a dividend of 5.97%.

It increase its position in SCOR  by 79.5% to comprise 2.5% of the portfolio. The stock had an average earnings growth of 34.9% year over year.

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