Tweedy Browne CO LLC Buys AutoZone Inc, Merck Inc, Sells Halliburton Co, Devon Energy Corp, American National Insurance Co

• New Purchases: MRK,
• Added Positions: AZO, VZ, AVT,
• Reduced Positions: HAL, CSCO, DVN, COP, ANAT, BRK.A, JNJ, BK, WFC, MRC,
• Sold Out: WSM, PM,

For the details of Tweedy Browne's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Tweedy+Browne

1. Cisco Systems Inc (CSCO) - 8,982,762 shares, 12.01% of the total portfolio. Shares reduced by 7.61%
2. Baidu Inc (BIDU) - 1,374,125 shares, 10.37% of the total portfolio. Shares reduced by 0.86%
3. Berkshire Hathaway Inc (BRK.A) - 1,045 shares, 9.16% of the total portfolio. Shares reduced by 1.88%
4. Johnson & Johnson (JNJ) - 2,177,149 shares, 8.21% of the total portfolio. Shares reduced by 2%
5. Bank of New York Mellon Corp (BK) - 4,317,528 shares, 7.23% of the total portfolio. Shares reduced by 2.14%

Tweedy Browne CO LLC initiated holding in Merck & Co Inc. The purchase prices were between $53.27 and $62.59, with an estimated average price of $59.12. The stock is now traded at around $65.64. The impact to a portfolio due to this purchase was 0.01%. The holding were 3,306 shares as of 2018-06-30.

Tweedy Browne CO LLC added to a holding in AutoZone Inc by 73.08%. The purchase prices were between $595.84 and $693.37, with an estimated average price of $645.14. The stock is now traded at around $714.14. The impact to a portfolio due to this purchase was 1.58%. The holding were 179,507 shares as of 2018-06-30.

Tweedy Browne CO LLC sold out a holding in Williams-Sonoma Inc. The sale prices were between $47.3 and $64.55, with an estimated average price of $53.5.

Tweedy Browne CO LLC sold out a holding in Philip Morris International Inc. The sale prices were between $76.85 and $103.3, with an estimated average price of $84.95.

Tweedy Browne CO LLC reduced to a holding in Halliburton Co by 52.75%. The sale prices were between $44.92 and $54.4, with an estimated average price of $49.8. The stock is now traded at around $42.01. The impact to a portfolio due to this sale was -2.5%. Tweedy Browne CO LLC still held 1,557,429 shares as of 2018-06-30.

Tweedy Browne CO LLC reduced to a holding in Devon Energy Corp by 23.67%. The sale prices were between $30.35 and $43.96, with an estimated average price of $38.7. The stock is now traded at around $43.06. The impact to a portfolio due to this sale was -0.62%. Tweedy Browne CO LLC still held 2,070,716 shares as of 2018-06-30.

Tweedy Browne CO LLC reduced to a holding in American National Insurance Co by 64.59%. The sale prices were between $114.3 and $122.47, with an estimated average price of $120.13. The stock is now traded at around $129.71. The impact to a portfolio due to this sale was -0.22%. Tweedy Browne CO LLC still held 33,543 shares as of 2018-06-30.