13F HOLDINGS REPORT
SPRUCEGROVE INVESTMENT MANAGEMENT LTD
Quarter ended Q2 2023 · Filed May 10, 2023 · Accession 0000950123-23-004219
Total Value
$1.84B
Positions
35
Other Managers
0
Confidential Omitted
No
Holdings (35)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SAMSUNG ELECTRONIC | 796050888 | 265,544 | $326.2M | 17.74% |
| 2 | COPA HOLDINGS | CPA | 2,980,735 | $275.3M | 14.97% |
| 3 | RYANAIR HLDGS PLC | RYAOF | 2,802,924 | $264.3M | 14.37% |
| 4 | AMBEV SA | ABEV | 86,532,060 | $244.0M | 13.27% |
| 5 | BANCO BRADESCO S A | 059460303 | 88,109,715 | $230.8M | 12.55% |
| 6 | CHECK POINT SOFTWARE | M22465104 | 441,600 | $57.4M | 3.12% |
| 7 | COMMERCIAL INTL BK | 201712205 | 30,991,399 | $40.0M | 2.17% |
| 8 | BERKSHIRE HATHAWAY | BRK-A | 92,440 | $28.5M | 1.55% |
| 9 | C H ROBINSON WLDWIDE | CHRW | 239,700 | $23.8M | 1.30% |
| 10 | WALT DISNEY CO | 254687106 | 227,800 | $22.8M | 1.24% |
| 11 | BORG WARNER INC | BWA | 453,300 | $22.3M | 1.21% |
| 12 | META PLATFORMS INC | META | 94,100 | $19.9M | 1.08% |
| 13 | BIOGEN INC | BIIB | 71,400 | $19.9M | 1.08% |
| 14 | HENRY SCHEIN INC | HSIC | 242,400 | $19.8M | 1.07% |
| 15 | RAYTHEON TECHNOLOGIE | RTX | 197,900 | $19.4M | 1.05% |
| 16 | MARKEL CORP | MKL | 14,454 | $18.5M | 1.00% |
| 17 | PRICE T ROWE GROUP | TROW | 161,256 | $18.2M | 0.99% |
| 18 | WALGREENS BOOTS ALNC | 931427108 | 501,950 | $17.4M | 0.94% |
| 19 | IPG PHOTONICS CORP | IPGP | 135,700 | $16.7M | 0.91% |
| 20 | INTEL CORP | INTC | 448,140 | $14.6M | 0.80% |
| 21 | MSC INDL DIRECT INC | 553530106 | 174,200 | $14.6M | 0.80% |
| 22 | 3M COMPANY | MMM | 123,677 | $13.0M | 0.71% |
| 23 | EAGLE MATERIALS | 26969P108 | 84,700 | $12.4M | 0.68% |
| 24 | CULLEN FROST BANKERS | CFR-PB | 117,700 | $12.4M | 0.67% |
| 25 | STATE BK OF INDIA | 856552203 | 178,160 | $11.3M | 0.61% |
| 26 | DONALDSON INC | DCI | 168,401 | $11.0M | 0.60% |
| 27 | AMERICAN EXPRESS CO | AXP | 62,150 | $10.3M | 0.56% |
| 28 | JOHNSON & JOHNSON | JNJ | 61,300 | $9.5M | 0.52% |
| 29 | EXXON MOBIL CORP | XOM | 81,500 | $8.9M | 0.49% |
| 30 | WELLS FARGO & CO | 949746101 | 236,260 | $8.8M | 0.48% |
| 31 | GENTEX CORP | GNTX | 308,600 | $8.7M | 0.47% |
| 32 | GILEAD SCIENCES INC | GILD | 99,600 | $8.3M | 0.45% |
| 33 | BECTON DICKINSON | BDX | 16,500 | $4.1M | 0.22% |
| 34 | MARTIN MARIETTA MATL | 573284106 | 10,400 | $3.7M | 0.20% |
| 35 | ALPHABET INC | GOOG | 23,462 | $2.4M | 0.13% |