# EDGAR Filing Document

**Accession Number:** 0000896975
**File Stem:** 0000940400-25-009484
**Filing Date:** 2025-11
**Character Count:** 55591
**Document Hash:** a65a9bb2b492f1fd0cdc252796ca9f5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009484.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009484

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TWEEDY, BROWNE FUND INC.
- **CENTRAL INDEX KEY:** 0000896975

**ORGANIZATION NAME:**
- **EIN:** 133700410
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07458
- **FILM NUMBER:** 251512234

**BUSINESS ADDRESS:**
- **STREET 1:** ONE STATION PLACE
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 203-703-0600

**MAIL ADDRESS:**
- **STREET 1:** ONE STATION PLACE
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TWEEDY BROWNE FUND INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### TWEEDY, BROWNE INTERNATIONAL VALUE FUND (Series ID: S000001302)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000003512 | TWEEDY, BROWNE INTERNATIONAL VALUE FUND | TBGVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Tweedy, Browne Fund Inc.

- **b. Investment Company Act file number:** 811-07458

- **c. CIK number of Registrant:** 0000896975

- **d. LEI of Registrant:** 5493005J2AI9DYTRQ585

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Station Place

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06902

  - **Telephone number:** 203-703-0600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Tweedy, Browne International Value Fund

- **b. EDGAR series identifier (if any):** S000001302

- **c. LEI of Series:** 549300SDQAPFKCX65D13

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4516281881.15

**Total Liabilities:** $86423495.33

**Net Assets:** $4429858385.82

**Cash Not Reported:** $692283.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003512 | -1.28%               | 1.26%                | 2.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4560469.10              | $-127597176.70                             |
| Month 2  | $89501634.56             | $-173770.88                                |
| Month 3  | $-18437328.20            | $99544173.54                               |

### Schedule of Portfolio Investments

| Name                                        | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nakanishi Inc                               | Nakanishi Inc                                      | CUSIP: 000000000<br>LEI: 353800EXA7IQ42YKF224 | Long             | EC               | CORP              | JP        |   1586635 | NS      | $22016357.07  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd                    | United Overseas Bank Ltd                           | CUSIP: 000000000<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |   5323381 | NS      | $143044978.82 | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Sanso Holdings Corp                  | Nippon Sanso Holdings Corp                         | CUSIP: 000000000<br>LEI: 353800F1K6653B4VPY57 | Long             | EC               | CORP              | JP        |   1357200 | NS      | $48131321.21  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Embotelladora Andina SA                     | Embotelladora Andina SA                            | CUSIP: 000000000<br>LEI: 254900NNPKP1J9XTSA53 | Long             | EP               | CORP              | CL        |  11044000 | NS      | $37555882.67  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon                 | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $510189.51    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | CLP/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $98386.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/EUR FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2836803.50  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/MXN FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1241148.75  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Taikisha Ltd                                | Taikisha Ltd                                       | CUSIP: 000000000<br>LEI: 3538005OOQOUE7DBWV52 | Long             | EC               | CORP              | JP        |    657770 | NS      | $12705740.30  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                             | BAE Systems PLC                                    | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |   2872758 | NS      | $80047600.06  | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | CHF/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-265764.06   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Brenntag SE                                 | Brenntag SE                                        | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |    347019 | NS      | $20811112.36  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Corp                                     | LG Corp                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    998776 | NS      | $51302920.22  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $118132.61    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Securities Cash Management | Dreyfus Treasury Securities Cash Management        | CUSIP: 261941108<br>LEI: 549300U78VESCW509025 | Long             | STIV             | RF                | US        | 156044046 | NS      | $156044045.97 | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HAITIAN INT'L                               | Haitian International Holdings Ltd                 | CUSIP: 000000000<br>LEI: 30030093DDRS825TVP62 | Long             | EC               | CORP              | CN        |   8383895 | NS      | $23086828.13  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| YAMABIKO Corp                               | YAMABIKO Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    164305 | NS      | $2825919.27   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | USD/MXN FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2600858.66  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | KRW/USD FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $-838903.78   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Breedon Group PLC                           | Breedon Group PLC                                  | CUSIP: 000000000<br>LEI: 213800DQGNQE3X76WS92 | Long             | EC               | CORP              | GB        |   6757986 | NS      | $32679795.64  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company         | USD/EUR FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-6541270.54  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/CAD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-858407.03   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Safran SA                                   | Safran SA                                          | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |    473440 | NS      | $168145153.70 | 3.80%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | USD/EUR FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1921501.31  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Winpak Ltd                                  | Winpak Ltd                                         | CUSIP: 97535P104<br>LEI: 549300FWDGJBHZHH8U59 | Long             | EC               | CORP              | CA        |   1926024 | NS      | $56449086.33  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SMEIC                                       | Shanghai Mechanical and Electrical Industry Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   6463000 | NS      | $8661525.17   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Sopra Steria Group                          | Sopra Steria Group                                 | CUSIP: 000000000<br>LEI: 96950020QIOHAAK9V551 | Long             | EC               | CORP              | FR        |    149932 | NS      | $28639837.51  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/PHP FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $25476.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                  | Samsung Electronics Co Ltd                         | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |   1311490 | NS      | $78624255.35  | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Service Group PLC                   | Johnson Service Group PLC                          | CUSIP: 000000000<br>LEI: 2138004WZUPWV53KWV11 | Long             | EC               | CORP              | GB        |  23996321 | NS      | $48600359.03  | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Azelis Group NV                             | Azelis Group NV                                    | CUSIP: 000000000<br>LEI: 699400M9RRMTV264FM70 | Long             | EC               | CORP              | BE        |   3551800 | NS      | $48374003.73  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ADEKA Corp                                  | ADEKA Corp                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1218825 | NS      | $27188456.72  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential PLC                              | Prudential PLC                                     | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | HK        |   7667170 | NS      | $107445991.94 | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/EUR FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1859363.93  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1726404.15   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/HKD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $19687.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $165051.14    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-196157.36   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                            | TotalEnergies SE                                   | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |   2305447 | NS      | $140535254.19 | 3.17%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/CAD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $277217.92    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | GBP/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-98346.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Femsa SAB de CV                   | Coca-Cola Femsa SAB de CV                          | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |    916954 | NS      | $76198877.40  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Aalberts NV                                 | Aalberts NV                                        | CUSIP: 000000000<br>LEI: 549300EMP9DT6Q35HZ31 | Long             | EC               | CORP              | NL        |   1170235 | NS      | $38613388.77  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $-482116.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Wuliangye Yibin Co Ltd                      | Wuliangye Yibin Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   2768830 | NS      | $47343852.49  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | USD/CAD FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $266854.37    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                            | Roche Holding AG                                   | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    482951 | NS      | $160895593.34 | 3.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Arkema SA                                   | Arkema SA                                          | CUSIP: 000000000<br>LEI: 9695000EHMS84KKP2785 | Long             | EC               | CORP              | FR        |    656951 | NS      | $41689677.69  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/CLP FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-17385.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Lassonde Industries Inc                     | Lassonde Industries Inc                            | CUSIP: 517907101<br>LEI: 549300U3Y8OW3GQ0VE25 | Long             | EC               | CORP              | CA        |    251390 | NS      | $38283043.77  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | USD/GBP FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2030951.78  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV                           | CNH Industrial NV                                  | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |   9789735 | NS      | $106218624.75 | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | USD/KRW FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $1434919.46   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | USD/CHF FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9762307.25  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| DHL GROUP                                   | DHL GROUP                                          | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |   2644654 | NS      | $118278198.11 | 2.67%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association   | USD/CHF FORWARD                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-5073871.51  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                        | USD/SGD FORWARD                                    | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | N/A              | DFE              | CORP              | US        |         1 | NC      | $611626.38    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Grafton Group PLC                           | Grafton Group PLC                                  | CUSIP: 000000000<br>LEI: 635400BE9SBAG61DJ963 | Long             | EC               | CORP              | IE        |   2704933 | NS      | $33314511.56  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| LX Holdings Corp                            | LX Holdings Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    326749 | NS      | $1801188.34   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Niterra Co Ltd                              | Niterra Co Ltd                                     | CUSIP: 000000000<br>LEI: 549300RG3XQGTFM4HH31 | Long             | EC               | CORP              | JP        |    820800 | NS      | $31704663.54  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuraray Co Ltd                              | Kuraray Co Ltd                                     | CUSIP: 000000000<br>LEI: 549300W9JPTOE739QZ31 | Long             | EC               | CORP              | JP        |   3363180 | NS      | $38710174.40  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| TX Group AG                                 | TX Group AG                                        | CUSIP: 000000000<br>LEI: 506700302V28Y6O14985 | Long             | EC               | CORP              | CH        |    377500 | NS      | $95692126.51  | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Hana Financial Group Inc                    | Hana Financial Group Inc                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |   1017582 | NS      | $63268111.77  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| DB Insurance Co Ltd                         | DB Insurance Co Ltd                                | CUSIP: 000000000<br>LEI: 9884000ZF26VNJBWSJ91 | Long             | EC               | CORP              | KR        |    219167 | NS      | $21659822.21  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Binggrae Co Ltd                             | Binggrae Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    132322 | NS      | $7082039.80   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Pets at Home Group Plc                      | Pets at Home Group Plc                             | CUSIP: 000000000<br>LEI: 2138003Y9ULD24PD3J93 | Long             | EC               | CORP              | GB        |  12591767 | NS      | $34803533.94  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                   | Zurich Insurance Group AG                          | CUSIP: 000000000<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |     46738 | NS      | $33424339.62  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                        | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49955016.50  | 1.13%             | 2025-10-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kemira Oyj                                  | Kemira Oyj                                         | CUSIP: 000000000<br>LEI: 74370031Y7RK5H88CQ48 | Long             | EC               | CORP              | FI        |   2919753 | NS      | $65605675.73  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Sodexo SA                                   | Sodexo SA                                          | CUSIP: 000000000<br>LEI: 969500LCBOG12HXPYM84 | Long             | EC               | CORP              | FR        |    133755 | NS      | $8445997.90   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                              | Rheinmetall AG                                     | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |     18683 | NS      | $43738099.64  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris CR AS                         | Philip Morris CR AS                                | CUSIP: 000000000<br>LEI: 315700LNPHNXCMNLQC73 | Long             | EC               | CORP              | CZ        |      2800 | NS      | $2434182.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KSB SE & Co KGaA                            | KSB SE & Co KGaA                                   | CUSIP: 000000000<br>LEI: 529900BVAET534PD7C28 | Long             | EC               | CORP              | DE        |     42354 | NS      | $44638042.28  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Hosokawa Micron Corp                        | Hosokawa Micron Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    481855 | NS      | $18956339.03  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Canada                     | National Bank of Canada                            | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |   1124700 | NS      | $119494322.98 | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon                 | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $623612.37    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                               | Trelleborg AB                                      | CUSIP: 000000000<br>LEI: 213800XY16PAWG2PAD14 | Long             | EC               | CORP              | SE        |   2266594 | NS      | $84827746.66  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/GBP FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-119175.97   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Santec Holdings Corp                        | Santec Holdings Corp                               | CUSIP: 000000000<br>LEI: 353800ICB22B7I7R6795 | Long             | EC               | CORP              | JP        |      5545 | NS      | $296615.83    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Takara Holdings Inc                         | Takara Holdings Inc                                | CUSIP: 000000000<br>LEI: 3538001CXSU150WNEY98 | Long             | EC               | CORP              | JP        |   1317955 | NS      | $15578193.59  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Computacenter PLC                           | Computacenter PLC                                  | CUSIP: 000000000<br>LEI: 549300XSXUZ1I19DB105 | Long             | EC               | CORP              | GB        |   1665825 | NS      | $60410966.10  | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Ionis Pharmaceuticals Inc                   | Ionis Pharmaceuticals Inc                          | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |   2350482 | NS      | $153768532.44 | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                        | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | N/A              | DFE              | CORP              | US        |         1 | NC      | $291085.99    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | USD/PHP FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $-10517.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | KRW/USD FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $132052.79    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Subaru Corp                                 | Subaru Corp                                        | CUSIP: 000000000<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |   2450385 | NS      | $50004773.53  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                        | MXN/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-352586.03   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | SGD/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1670713.02  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/EUR FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9441505.22  | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                        | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | N/A              | DFE              | CORP              | US        |         1 | NC      | $134860.37    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanadevia Corp                              | Kanadevia Corp                                     | CUSIP: 000000000<br>LEI: 5493006MPD0OCAMCE046 | Long             | EC               | CORP              | JP        |   2751105 | NS      | $19042450.25  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Koito Manufacturing Co Ltd                  | Koito Manufacturing Co Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1958145 | NS      | $29671362.33  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Transcosmos Inc                             | Transcosmos Inc                                    | CUSIP: 000000000<br>LEI: 353800AAR1GYRFDRTV97 | Long             | EC               | CORP              | JP        |    588565 | NS      | $14696363.79  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/KRW FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $629884.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                   | Nestle SA                                          | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |   1559589 | NS      | $143297240.52 | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Berkeley Group Holdings PLC                 | Berkeley Group Holdings PLC                        | CUSIP: 000000000<br>LEI: 2138009OQSSLVVHQAL78 | Long             | EC               | CORP              | GB        |    473985 | NS      | $24522508.37  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| U-PRESID CHINA                              | Uni-President China Holdings Ltd                   | CUSIP: 000000000<br>LEI: 529900JUA05094TOKA73 | Long             | EC               | CORP              | CN        |  15974780 | NS      | $16885490.70  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | PHP/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $17371.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alten SA                                    | Alten SA                                           | CUSIP: 000000000<br>LEI: 969500Y7G9TY7Y24GN07 | Long             | EC               | CORP              | FR        |    480339 | NS      | $39752982.32  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| SThree PLC                                  | SThree PLC                                         | CUSIP: 000000000<br>LEI: 2138003NEBX5VRP3EX50 | Long             | EC               | CORP              | GB        |   2004144 | NS      | $4394978.90   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Gas Chemical Co Inc              | Mitsubishi Gas Chemical Co Inc                     | CUSIP: 000000000<br>LEI: 529900G5O4J27ZPLJJ89 | Long             | EC               | CORP              | JP        |   1567485 | NS      | $28004717.91  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Howden Joinery Group PLC                    | Howden Joinery Group PLC                           | CUSIP: 000000000<br>LEI: 213800KC1LJOJTY3JP45 | Long             | EC               | CORP              | GB        |   1640676 | NS      | $18684513.22  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                        | CNH/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | N/A              | DFE              | CORP              | US        |         1 | NC      | $124337.80    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                      | DBS Group Holdings Ltd                             | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |   1083249 | NS      | $42984271.48  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| CHASE SECURITIES INTERNATIONAL LIMITED      | USD/CLP FORWARD                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | US        |         1 | NC      | $-545966.45   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/CAD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-539781.06   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Kanzai Holdings Co Ltd               | Nippon Kanzai Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    164400 | NS      | $3107511.16   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | EUR/USD FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-3498216.73  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Vertu Motors PLC                            | Vertu Motors PLC                                   | CUSIP: 000000000<br>LEI: 213800GIKJEIUIGMI575 | Long             | EC               | CORP              | GB        |  16292379 | NS      | $13269837.21  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius SE & Co KGaA                      | Fresenius SE & Co KGaA                             | CUSIP: 000000000<br>LEI: XDFJ0CYCOO1FXRFTQS51 | Long             | EC               | CORP              | DE        |   1084451 | NS      | $60654147.19  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon                 | MXN/USD FORWARD                                    | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-923048.94   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9607.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $11699.43     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/CAD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-152449.41   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOL SpA                                     | SOL SpA                                            | CUSIP: 000000000<br>LEI: 81560096A9AEBBBD4B25 | Long             | EC               | CORP              | IT        |   1986401 | NS      | $118334873.57 | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fuso Chemical Co Ltd                        | Fuso Chemical Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1046175 | NS      | $34656357.39  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | GBP/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $225845.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/CHF FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-11739847.84 | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| Okamoto Industries Inc                      | Okamoto Industries Inc                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    104825 | NS      | $3596294.01   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Adris Grupa DD                              | Adris Grupa DD                                     | CUSIP: 000000000<br>LEI: 3157003OO9IA06S5FS61 | Long             | EP               | CORP              | HR        |     30000 | NS      | $2779669.66   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Inchcape PLC                                | Inchcape PLC                                       | CUSIP: 000000000<br>LEI: 213800RGEH1MPPNM2T57 | Long             | EC               | CORP              | GB        |   5273360 | NS      | $49181606.53  | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/CHF FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2520436.49  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Global Group Inc                   | Alliance Global Group Inc                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |  22609020 | NS      | $2954399.50   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Group Ltd                         | Hang Lung Group Ltd                                | CUSIP: 000000000<br>LEI: 529900V2T2EPOQYH0981 | Long             | EC               | CORP              | HK        |   7965154 | NS      | $15020310.35  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Vetropack Holding AG                        | Vetropack Holding AG                               | CUSIP: 000000000<br>LEI: 894500HGD08C8B6GS128 | Long             | EC               | CORP              | CH        |    137046 | NS      | $4078057.49   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                 | Novartis AG                                        | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |   1200966 | NS      | $154495908.46 | 3.49%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/JPY FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $654074.21    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-42694.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/SEK FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-758093.47   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CVS Group PLC                               | CVS Group PLC                                      | CUSIP: 000000000<br>LEI: 213800J41XDQ2NX48O05 | Long             | EC               | CORP              | GB        |   4130268 | NS      | $69539446.32  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Dentium Co Ltd                              | Dentium Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    252227 | NS      | $10110560.74  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                        | JPY/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | N/A              | DFE              | CORP              | US        |         1 | NC      | $295211.42    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken Holding NV                         | Heineken Holding NV                                | CUSIP: 000000000<br>LEI: 724500M1WJLFM9TYBS04 | Long             | EC               | CORP              | NL        |   1917912 | NS      | $131796394.57 | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | SGD/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1046553.21   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Coltene Holding AG                          | Coltene Holding AG                                 | CUSIP: 000000000<br>LEI: 894500KE52GRSIVJAP50 | Long             | EC               | CORP              | CH        |    142761 | NS      | $8039503.94   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/EUR FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-7511694.85  | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | CNH/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-42973.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/SEK FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-360280.92   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Shoei Co Ltd                                | Shoei Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    270565 | NS      | $3218649.52   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fagron                                      | Fagron                                             | CUSIP: 000000000<br>LEI: 549300TRKRUFK2RRG779 | Long             | EC               | CORP              | BE        |    926488 | NS      | $21642055.27  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company         | USD/KRW FORWARD                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1808390.96  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Rubis SCA                                   | Rubis SCA                                          | CUSIP: 000000000<br>LEI: 969500MGFIKUGLTC9742 | Long             | EC               | CORP              | FR        |   2392742 | NS      | $89781140.02  | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Alphabet Inc                                | Alphabet Inc                                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     21479 | NS      | $5221544.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Autoliv Inc                                 | Autoliv Inc                                        | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | SE        |    334776 | NS      | $41344836.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Mecano AG                           | Phoenix Mecano AG                                  | CUSIP: 000000000<br>LEI: 529900SWF06EKVI1JY11 | Long             | EC               | CORP              | CH        |     63203 | NS      | $35291609.44  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | USD/SGD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-38118.83    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| The Northern Trust Company                  | HKD/USD FORWARD                                    | CUSIP: 000000000<br>LEI: 6PTKHDJ8HDUF78PFWH30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $294970.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nifco Inc/Japan                             | Nifco Inc/Japan                                    | CUSIP: 654101104<br>LEI: 353800JMDOH68J9I5140 | Long             | EC               | CORP              | JP        |    902365 | NS      | $27251911.16  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Megacable Holdings SAB de CV                | Megacable Holdings SAB de CV                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   9067593 | NS      | $29439691.01  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TAI Cheung Holdings Ltd                     | TAI Cheung Holdings Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1601000 | NS      | $659958.15    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo PLC                                  | Diageo PLC                                         | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |   4226159 | NS      | $101223711.79 | 2.29%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Tweedy, Browne Fund Inc.

**Signature:** Dominick Merlucci

**Name of Signer:** Dominick Merlucci

**Title:** Director, Mutual Fund Accounting