Tweedy Browne Portfolio Q2 2025 Update: An Essential Analysis

Tweedy Browne's Q2 2025 13F portfolio update focuses on tracking the company's stock holdings and changes. The report provides an analysis of Tweedy Browne's quarterly regulatory filings, highlighting the changes made to the company's portfolio. It offers insights into Tweedy Browne's investment strategies and provides a snapshot of the company's current portfolio composition. The report is part of a series that aims to provide an ongoing analysis of Tweedy Browne's portfolio changes.

Tweedy Browne's latest quarterly 13F portfolio update provides valuable insights into the investment strategies of the renowned value-oriented fund. The report, filed on July 29, 2025, reveals significant changes in the portfolio, including alterations in stock holdings and the addition of new positions. This analysis focuses on the key changes and offers a snapshot of the current portfolio composition.

Portfolio Overview

The portfolio value decreased from $1.13 billion to $1.08 billion, with the number of holdings increasing from 59 to 91. The largest position, CNH Industrial, accounts for approximately 16% of the portfolio, followed by Berkshire Hathaway, Coca-Cola FEMSA, Ionis Pharma, and Alphabet, which together constitute around 57% of the portfolio.

Key Changes and Insights

1. CNH Industrial: The largest position at ~16% of the portfolio, CNH Industrial, saw minor trimming in the last four quarters. The stock currently trades just above its purchase range of $9.91 to $12.61.

2. Berkshire Hathaway: The long-term stake in Berkshire Hathaway, which has been in the portfolio since before the financial crisis, saw a significant reduction in Q3 2024. The stock currently trades at ~$477, with a notable increase in B shares and a reduction in A shares.

3. Coca-Cola FEMSA: The ~11% stake in Coca-Cola FEMSA was built over three quarters through Q2 2020 and saw minor trimming in the last four quarters. The stock currently trades at ~$85.

4. Ionis Pharmaceuticals: IONS is now a top-five position at ~10.60% of the portfolio. Purchased during Q1 2022, the stake saw a significant increase in Q4 2022 and minor trimming in the last two quarters.

5. Alphabet Inc.: GOOG is a top-five 13F stake at 5.25% of the portfolio. The stock saw significant selling in the last two quarters, with the current price trading at ~$143.

6. Johnson & Johnson: The long-term stake in JNJ, now at 3.47% of the portfolio, saw a ~45% reduction in the last quarter, with the stock currently trading at ~$174.

Investment Philosophy and Strategy

Tweedy Browne's investment philosophy emphasizes long-term value investing. The portfolio changes reflect a strategy of harvesting gains and adjusting positions based on market conditions and fundamental analysis. The fund's focus on global value opportunities is evident in its non-US allocation, which accounts for ~92% of the portfolio.

Conclusion

Tweedy Browne's Q2 2025 13F portfolio update offers a glimpse into the fund's investment strategies and current portfolio composition. The changes in stock holdings reflect a disciplined approach to value investing, with a focus on long-term gains and strategic adjustments. Investors and financial professionals can gain valuable insights from this ongoing analysis of Tweedy Browne's portfolio changes.

References

[1] https://acquirersmultiple.com/2025/08/weekly-investing-roundup-news-podcasts-interviews-08-08-2025/
[2] https://seekingalpha.com/article/4813401-tracking-tweedy-browne-portfolio-q2-2025-update