Tweedy Browne acquired 114k Fedex shares worth $25.7M. That's 2.30% of their equity portfolio (13th largest holding). Tweedy Browne started to build up the position in Fedex in Q2 2022 and continued to invest until Q3 2022. Since then they sold 75.8k shares. The stake costed the investor $24.3M, netting the investor a gain of 5.6% so far.
Tweedy, Browne¡¯s 13F portfolio value decreased from $3.10B to $2.45B this quarter. They added FedEx Corp., American Express, and Paramount Global while decre...