Tweedy Browne acquired 386k Bank Of America shares worth $19.5M. That's 1.75% of their equity portfolio (16th largest holding). The first Bank Of America trade was made in Q3 2020. Since then Tweedy Browne bought shares five more times and sold shares on fourteen occasions. The stake costed the investor $10.2M, netting the investor a gain of 92% so far.
Tweedy, Browne, an investment management firm, released its first quarter 2023 investor letter, a copy of which can be downloaded here. Tweedy, Browne has en...