13F HOLDINGS REPORT
SPRUCEGROVE INVESTMENT MANAGEMENT LTD
Quarter ended Q3 2023 · Filed August 11, 2023 · Accession 0000950123-23-007316
Total Value
$1.92B
Positions
36
Other Managers
0
Confidential Omitted
No
Holdings (36)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SAMSUNG ELECTRONIC | 796050888 | 246,268 | $341.3M | 17.80% |
| 2 | COPA HOLDINGS | CPA | 2,709,995 | $299.7M | 15.63% |
| 3 | BANCO BRADESCO S A | 059460303 | 84,652,376 | $292.9M | 15.28% |
| 4 | RYANAIR HLDGS PLC | RYAOF | 2,562,992 | $283.5M | 14.78% |
| 5 | AMBEV SA | ABEV | 79,811,452 | $253.8M | 13.24% |
| 6 | CHECK POINT SOFTWARE | M22465104 | 424,876 | $53.4M | 2.78% |
| 7 | COMMERCIAL INTL BK | 201712205 | 30,496,912 | $34.8M | 1.81% |
| 8 | BERKSHIRE HATHAWAY | BRK-A | 77,164 | $26.3M | 1.37% |
| 9 | META PLATFORMS INC | META | 75,814 | $21.8M | 1.13% |
| 10 | C H ROBINSON WLDWIDE | CHRW | 202,680 | $19.1M | 1.00% |
| 11 | BORG WARNER INC | BWA | 383,520 | $18.8M | 0.98% |
| 12 | WALT DISNEY CO | 254687106 | 196,632 | $17.6M | 0.92% |
| 13 | MARKEL GROUP INC | MKL | 12,491 | $17.3M | 0.90% |
| 14 | BIOGEN INC | BIIB | 60,012 | $17.1M | 0.89% |
| 15 | PRICE T ROWE GROUP | TROW | 149,889 | $16.8M | 0.88% |
| 16 | RTX CORPORATION | RTX | 169,920 | $16.6M | 0.87% |
| 17 | HENRY SCHEIN INC | HSIC | 202,904 | $16.5M | 0.86% |
| 18 | IPG PHOTONICS CORP | IPGP | 114,384 | $15.5M | 0.81% |
| 19 | MSC INDL DIRECT INC | 553530106 | 152,452 | $14.5M | 0.76% |
| 20 | INTEL CORP | INTC | 381,532 | $12.8M | 0.67% |
| 21 | CULLEN FROST BANKERS | CFR-PB | 118,416 | $12.7M | 0.66% |
| 22 | WALGREENS BOOTS ALNC | 931427108 | 429,126 | $12.2M | 0.64% |
| 23 | 3M COMPANY | MMM | 106,113 | $10.6M | 0.55% |
| 24 | STATE BK OF INDIA | 856552203 | 143,620 | $10.1M | 0.53% |
| 25 | DONALDSON INC | DCI | 146,681 | $9.2M | 0.48% |
| 26 | AMERICAN EXPRESS CO | AXP | 52,554 | $9.2M | 0.48% |
| 27 | EAGLE MATERIALS | 26969P108 | 48,370 | $9.0M | 0.47% |
| 28 | JOHNSON & JOHNSON | JNJ | 53,604 | $8.9M | 0.46% |
| 29 | WELLS FARGO & CO | 949746101 | 200,164 | $8.5M | 0.45% |
| 30 | GENTEX CORP | GNTX | 256,356 | $7.5M | 0.39% |
| 31 | GILEAD SCIENCES INC | GILD | 87,864 | $6.8M | 0.35% |
| 32 | EXXON MOBIL CORP | XOM | 57,700 | $6.2M | 0.32% |
| 33 | QUALCOMM INC | QCOM | 50,696 | $6.0M | 0.31% |
| 34 | MARTIN MARIETTA MATL | 573284106 | 9,386 | $4.3M | 0.23% |
| 35 | BECTON DICKINSON | BDX | 14,532 | $3.8M | 0.20% |
| 36 | ALPHABET INC | GOOG | 20,641 | $2.5M | 0.13% |