13F HOLDINGS REPORT
SPRUCEGROVE INVESTMENT MANAGEMENT LTD
Quarter ended Q4 2023 · Filed November 13, 2023 · Accession 0000950123-23-010142
Total Value
$1.59B
Positions
36
Other Managers
0
Confidential Omitted
No
Holdings (36)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SAMSUNG ELECTRONIC | 796050888 | 234,102 | $295.0M | 18.60% |
| 2 | RYANAIR HLDGS PLC | RYAOF | 2,491,012 | $242.2M | 15.27% |
| 3 | BANCO BRADESCO S A | 059460303 | 81,672,147 | $232.8M | 14.68% |
| 4 | COPA HOLDINGS | CPA | 2,591,239 | $230.9M | 14.56% |
| 5 | AMBEV SA | ABEV | 76,164,472 | $196.5M | 12.39% |
| 6 | COMMERCIAL INTL BK | 201712205 | 30,148,492 | $39.7M | 2.51% |
| 7 | TORONTO DOMINION BK | TORO | 569,700 | $34.3M | 2.16% |
| 8 | BERKSHIRE HATHAWAY | BRK-A | 71,213 | $24.9M | 1.57% |
| 9 | META PLATFORMS INC | META | 60,716 | $18.2M | 1.15% |
| 10 | MARKEL GROUP INC | MKL | 11,886 | $17.5M | 1.10% |
| 11 | WALT DISNEY CO | 254687106 | 199,389 | $16.2M | 1.02% |
| 12 | C H ROBINSON WLDWIDE | CHRW | 185,708 | $16.0M | 1.01% |
| 13 | BIOGEN INC | BIIB | 61,955 | $15.9M | 1.00% |
| 14 | PRICE T ROWE GROUP | TROW | 147,378 | $15.5M | 0.97% |
| 15 | BORG WARNER INC | BWA | 365,627 | $14.8M | 0.93% |
| 16 | MSC INDL DIRECT INC | 553530106 | 149,620 | $14.7M | 0.93% |
| 17 | HENRY SCHEIN INC | HSIC | 192,991 | $14.3M | 0.90% |
| 18 | CULLEN FROST BANKERS | CFR-PB | 150,777 | $13.8M | 0.87% |
| 19 | INTEL CORP | INTC | 372,844 | $13.3M | 0.84% |
| 20 | RTX CORPORATION | RTX | 173,823 | $12.5M | 0.79% |
| 21 | IPG PHOTONICS CORP | IPGP | 111,404 | $11.3M | 0.71% |
| 22 | STATE BK OF INDIA | 856552203 | 143,620 | $10.4M | 0.65% |
| 23 | WALGREENS BOOTS ALNC | 931427108 | 393,658 | $8.8M | 0.55% |
| 24 | DONALDSON INC | DCI | 143,031 | $8.5M | 0.54% |
| 25 | JOHNSON & JOHNSON | JNJ | 53,235 | $8.3M | 0.52% |
| 26 | GENTEX CORP | GNTX | 242,362 | $7.9M | 0.50% |
| 27 | WELLS FARGO & CO | 949746101 | 184,927 | $7.6M | 0.48% |
| 28 | AMERICAN EXPRESS CO | AXP | 50,097 | $7.5M | 0.47% |
| 29 | EXXON MOBIL CORP | XOM | 55,500 | $6.5M | 0.41% |
| 30 | GILEAD SCIENCES INC | GILD | 86,166 | $6.5M | 0.41% |
| 31 | EAGLE MATERIALS | 26969P108 | 38,270 | $6.4M | 0.40% |
| 32 | QUALCOMM INC | QCOM | 56,438 | $6.3M | 0.40% |
| 33 | BECTON DICKINSON | BDX | 14,109 | $3.6M | 0.23% |
| 34 | MARTIN MARIETTA MATL | 573284106 | 8,875 | $3.6M | 0.23% |
| 35 | ALPHABET INC | GOOG | 19,965 | $2.6M | 0.16% |
| 36 | TAIWAN SEMICONDUCTOR | 874039100 | 13,500 | $1.2M | 0.07% |