1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7846) 

Tweedy Browne Global Value Fund Buys 2 New Stocks

October 22, 2013 | About:

Founded in June 1993, the Tweedy Browne Global Value Fund contains marketable securities of primarily developed non-U.S. markets, except when U.S. securities appear more attractive. The fund contains $6.8 billion in net assets, and had quarter-over-quarter turnover of 2% in the third quarter after managers added two new stocks: ABB Ltd. (XSWX:ABBN) and Great Eagle Holdings Ltd. (HKSE:00041).


Tweedy Browne purchased 2,272,160 shares of ABB Ltd., equal to 0.94% of the portfolio. The stock’s price averaged $21 per share in the third quarter.


Based in Zurich, Switzerland, ABB is a power and automation technologies company making industrial motors and drives, wind power generators and power grids.

The company had per-share growth rates of 4.2% for revenue, 1.8% for EBITDA and 10.1% for book value annually over the past five years. Free cash flow declined by 3.9% annual over the same period.

ABB’s price per share around $21 is close to a two-year high, its PS of 1.32 is near a two-year high and its dividend yield is close to a two-year low. It has a P/E of 19.3 and P/S of 1.35.

ABB’s 10-year revenue and earnings history:


Great Eagle Holdings Ltd. (HKSE:00041

Tweedy Browne purchased 5,268,500 shares of Great Eagle Holdings Ltd., equal to 0.33% of the portfolio. The price during the quarter averaged $28.


Based in Hong Kong, Great Eagle Holdings is a property company that owns an international hotel portfolio under the brand “The Langham,” and is involved with other high quality properties in Asia, Australasia, North America and Europe.

Great Eagle Holdings has grown per-share revenue at a rate of 1.8%, EBITDA at 9.7% and book value at 19.1% annually over the past five years.

The company has a P/E of 5, P/B ratio near a one-year low at 0.47 and P/S ratio near a one-year low at 3.37. Its dividend yield is close to a one-year high.

Great Eagle’s 10-year revenue and earnings history:


For more Tweedy Browne Global Value Fund holdings, visit the portfolio here. Also check out the Undervalued Stocks, Top Growth Companies and High Yield stocks of Tweedy Browne.

Not a Premium Member of GuruFocus? Try it for free for 7 days here!

Rating: 4.6/5 (7 votes)


Vgm - 3 years ago    Report SPAM
Holly - thanks. Really interesting holdings. Just one small correction: the symbol for Great Eagle is 0041.HK (not 00041.HK).

Please leave your comment:

GuruFocus has detected 5 Warning Signs with ABB Ltd $XSWX:ABBN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon

User Generated Screeners

patelmhMY VALUE
rael2222prova dcf
gelayor65All Stocks Insider Buys
gelayor65All Stocks With Blackrock Shak
gelayor65All Stocks With Blackrock Insi
liuzishuoverwrite 'Dividend Initiation
liuzishuDividend Initiation
pbarker46Dividend Growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat