HKHHF News and Press, Heineken Holding NV From 12/14/20

Tweedy Browne’s 13F portfolio value increased from $2.51B to $2.58B this quarter. The largest five individual stock positions are Berkshire Hathaway, Alphabet, Johnson & Johnson, Cisco Systems, and Baidu, and they account for ~55% of the portfolio. Tweedy Browne increas...

Gardner Russo & Gardner’s 13F portfolio value increased from $9.84B to $10.29B. Russo almost eliminated Diageo plc during the quarter. The top three 13F stakes are Mastercard, Berkshire Hathaway, and Nestle. They add up to ~44% of the portfolio. For further detail...

Heineken's share price performance is closely linked to the company's high and sustainable Return on Capital. The company's very long-term-oriented approach to its capital allocation strategy is highly rewarding for shareholders. Heineken has a strong presence in the highest growt...

This article is part of a series that provides an ongoing analysis of the changes made to Gardner Russo & Gardner’s 13F stock portfolio on a quarterly basis. It is based on Russo’s regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Gardner Russo & Gardn...

This article is part of a series that provides an ongoing analysis of the changes made to Tweedy Browne’s 13F portfolio on a quarterly basis. It is based on Tweedy Browne’s regulatory 13F Form filed on 08/11/2020. Please visit our Tracking Tweedy Browne Portfolio series to ge...

Investment Thesis After being CEO for 15 years, Jean François van Boxmeer stepped down from his role this year. Serving as Chief Executive Officer from 2005, he led Heineken through a period of extraordinary growth. During his tenure, Heineken delivered a total annual return of 7.8% ...

Heineken (HEINY) (HKHHF) surprised investors on Thursday by publishing preliminary highlights of its H1 earnings. The market reaction was negative because it looks like Heineken is underperforming market expectations that were partly set by early data from a peer. I believe that there is mor...

This article is part of a series that provides an ongoing analysis of the changes made to Tweedy, Browne's 13F portfolio on a quarterly basis. It is based on Tweedy, Browne's regulatory 13F Form filed on 05/13/2020. Please visit our Tracking Tweedy, Browne Portfolio series to get an idea o...

This article is part of a series that provides an ongoing analysis of the changes made to Gardner Russo & Gardner’s 13F stock portfolio on a quarterly basis. It is based on Russo’s regulatory 13F Form filed on 05/13/2020. Please visit our Tracking Gardner Russo & Gar...

Investment Thesis The story of HEINEKEN really began on February 15, 1864, when Gerard Adriaan Heineken took over the Haystack brewery in Amsterdam. Just 22 years old, Gerard had little brewing experience, but he had plenty of courage, self-confidence and entrepreneurial spirit. ...