Tweedy Browne Trims Back These Stock Positions in Quarterly Release

Wall St. Watchdog reveals information regarding significant reduction in shares for Tweedy Browne’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

Federated Investors Inc. (NYSE:FII): On 06/30/2011, Tweedy Browne reported holding 2,107,314 shares. On 09/30/2011, Tweedy Browne reported holding 191,883 shares. The net reduction in shares for this position is 1,915,431 or 90.89%. About Company: Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).

Mcdonald’s Corp. (NYSE:MCD): On 06/30/2011, Tweedy Browne reported holding 90,606 shares. On 09/30/2011, Tweedy Browne reported holding 61,716 shares. The net reduction in shares for this position is 28,890 or 31.89%. About Company: McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.

Avatar Holdings Inc. (NASDAQ:AVTR): On 06/30/2011, Tweedy Browne reported holding 259,263 shares. On 09/30/2011, Tweedy Browne reported holding 189,778 shares. The net reduction in shares for this position is 69,485 or 26.8%. About Company: Avatar Holdings Inc. is involved in real estate operations. The Company owns and develops land, primarily in FL and AZ. Avatar currently develops, sells, and manages adult communities and residential communities. The Company develops, leases, and manages improved commercial and industrial properties. Avatar operates resorts and cable television stations and provides management services.

Sk Telecom Co. Ltd. (NYSE:SKM): On 06/30/2011, Tweedy Browne reported holding 7,143,923 shares. On 09/30/2011, Tweedy Browne reported holding 5,466,581 shares. The net reduction in shares for this position is 1,677,342 or 23.48%. About Company: SK Telecom Co., Ltd., an affiliate of SK Group, offers telecommunications services and products in South Korea. The Company provides mobile phone services under the brand names Speed 011. In addition, SK Telecom and its subsidiaries offer other wireless services including data, paging, and Internet services.

Glaxosmithkline Plc (NYSE:GSK): On 06/30/2011, Tweedy Browne reported holding 186,452 shares. On 09/30/2011, Tweedy Browne reported holding 148,093 shares. The net reduction in shares for this position is 38,359 or 20.57%. About Company: GlaxoSmithKline plc is a research-based pharmaceutical group that develops, manufactures and markets vaccines, prescription and over-the-counter medicines, as well as health-related consumer products. The Group, which also provides laboratory testing and disease management services, specializes in treatments for respiratory, central nervous system, gastro-intestinal and genetic disorders

(Note: Data regarding Tweedy Browne’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com