ICPY Tweedy, Browne International Insider + Value ETF
The ICPY fund actively seeks undervalued global equities. It targets companies trading below their estimated intrinsic value, specifically those demonstrating insider purchases or engaging in opportunistic share buybacks. Insiders include corporate officers and controlling shareholders, whose transactions are verified through public filings. The investment advisor utilizes a rigorous, quantitative, decision-rule-based process to identify securities. This process is supplemented by additional screens that evaluate liquidity, the authenticity of insider purchases, and the intrinsic value of prospective companies. A systematic buy-sell discipline is also central to portfolio management. This discipline leverages a proprietary, multifactor quantitative comparison system, informed by both internal models and qualitative value analysis, to regularly refresh the portfolio by prioritizing higher-scoring investments and divesting lower-scoring ones. The fund ensures diversification across sectors, regions, and market capitalizations, typically capping individual holdings at 2% of the portfolio. The fund's core objective is to achieve long-term capital growth.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| ICPY | +2.5% | +1.6% | +23.1% | +30.4% | +10.2% | +6.0% |
| Equity average (4176 funds) | -2.0% | +3.6% | +96.9% | +67707.9% | +15.0% | +2.6% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$13K net.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | ICPY U.S. Bank Money Market Deposit Account 08/01/2031 | 5.36% |
| 2 | BME.L B&M European Value Retail plc | 2.27% |
| 3 | NORION.ST Norion Bank AB | 1.87% |
| 4 | 086790.KS Hana Financial Group Inc | 1.85% |
| 5 | PNDORA.CO Pandora A/S | 1.82% |
| 6 | WPP.L WPP PLC | 1.71% |
| 7 | 6460.T Sega Sammy Holdings Inc | 1.67% |
| 8 | DNB.OL DNB Bank ASA | 1.65% |
| 9 | HFG.L Hilton Food Group PLC | 1.56% |
| 10 | PIRC.MI Pirelli & C SpA | 1.56% |
| 11 | WCP.TO Whitecap Resources Inc | 1.54% |
| 12 | MAB.L Mitchells & Butlers PLC | 1.53% |
| 13 | WOSG.L Watches of Switzerland Group PLC | 1.52% |
| 14 | AFRY.ST AFRY AB | 1.48% |
| 15 | YOU.L YouGov PLC | 1.48% |
| 16 | GLOB Globant SA | 1.46% |
| 17 | SL.MI Sanlorenzo SpA/Ameglia | 1.43% |
| 18 | 086280.KS Hyundai Glovis Co Ltd | 1.43% |
| 19 | GEST.MC Gestamp Automocion SA | 1.42% |
| 20 | TCL-A.TO Transcontinental Inc | 1.40% |
| 21 | 7203.T Toyota Motor Corp | 1.39% |
| 22 | TEP.L Telecom Plus PLC | 1.38% |
| 23 | BELA.AT JUMBO SA | 1.35% |
| 24 | ATE.PA Alten SA | 1.32% |
| 25 | BOSS.DE HUGO BOSS AG | 1.27% |
| 26 | HIK.L Hikma Pharmaceuticals PLC | 1.26% |
| 27 | CNHI CNH Industrial NV | 1.25% |
| 28 | COFA.PA Coface SA | 1.25% |
| 29 | BNZL.L Bunzl PLC | 1.24% |
| 30 | RMV.L Rightmove PLC | 1.22% |
| 31 | AUTO.L Autotrader Group PLC | 1.20% |
| 32 | BEI.DE Beiersdorf AG | 1.19% |
| 33 | GSK.L GSK PLC | 1.18% |
| 34 | VID.MC Vidrala SA | 1.18% |
| 35 | CRTO Criteo SA | 1.17% |
| 36 | JD.L JD Sports Fashion PLC | 1.16% |
| 37 | GIB-A.TO CGI Inc | 1.16% |
| 38 | EN.PA Bouygues SA | 1.16% |
| 39 | WBO.JO Wilson Bayly Holmes-Ovcon Ltd | 1.15% |
| 40 | 6638.T MIMAKI ENGINEERING CO LTD | 1.13% |
| 41 | DTG.DE Daimler Truck Holding AG | 1.13% |
| 42 | WPK.TO Winpak Ltd | 1.11% |
| 43 | RI.PA Pernod Ricard SA | 1.11% |
| 44 | MMT.PA Metropole Television SA | 1.09% |
| 45 | 032640.KS LG Uplus Corp | 1.08% |
| 46 | DOM.L Domino's Pizza Group PLC | 1.08% |
| 47 | CRE.L Conduit Holdings Ltd | 1.07% |
| 48 | 011780.KS Kumho Petrochemical Co Ltd | 1.07% |
| 49 | BLA.BK Bangkok Life Assurance PCL | 1.06% |
| 50 | PRU.L Prudential PLC | 1.05% |
| 51 | 259960.KS Krafton Inc | 1.05% |
| 52 | LHA.DE Deutsche Lufthansa AG | 1.04% |
| 53 | NOMD Nomad Foods Ltd | 1.03% |
| 54 | VCT.PA Vicat SACA | 1.01% |
| 55 | WF Woori Financial Group Inc | 1.00% |
| 56 | COLR.BR Colruyt Group N.V | 1.00% |
| 57 | APTV Aptiv PLC | 0.99% |
| 58 | BREE.L Breedon Group PLC | 0.99% |
| 59 | PXT.TO Parex Resources Inc | 0.98% |
| 60 | SW.PA Sodexo SA | 0.96% |
| 61 | SOP.PA Sopra Steria Group | 0.95% |
| 62 | CEM.MI Cementir Holding NV | 0.95% |
| 63 | 214320.KS Innocean Worldwide Inc | 0.95% |
| 64 | BKG.L Berkeley Group Holdings PLC/The | 0.92% |
| 65 | INCH.L Inchcape PLC | 0.91% |
| 66 | BZU.MI Buzzi SpA | 0.90% |
| 67 | 0425.HK Minth Group Ltd | 0.88% |
| 68 | BETS-B.ST Betsson AB | 0.86% |
| 69 | PIA.MI Piaggio & C SpA | 0.81% |
| 70 | VTY.L Vistry Group PLC | 0.72% |
| 71 | MFEB.MI MFE-MediaForEurope NV | 0.69% |
| 72 | KEMIRA.HE Kemira Oyj | 0.66% |
| 73 | FUR.AS Fugro NV | 0.58% |
| 74 | VRLA.PA Verallia SA | 0.57% |
| 75 | F34.SI Wilmar International Ltd | 0.56% |
| 76 | STM.DE Stabilus SE | 0.50% |
| 77 | JPY JPY/USD FWD 012927 | 0.02% |
| 78 | SGD SGD/USD FWD 113026 | 0.01% |
| 79 | NOK NOK/USD FWD 113026 | 0.01% |
| 80 | AUD AUD/USD FWD 113026 | 0.01% |
| 81 | HKD HKD/USD FWD 113026 | 0.00% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Dec 23, 2025 | $0.0310 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in ICPY in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error