13F HOLDINGS REPORT
SPRUCEGROVE INVESTMENT MANAGEMENT LTD
Quarter ended Q4 2024 · Filed February 10, 2025 · Accession 0000950123-25-001366
Total Value
$1.40B
Positions
32
Other Managers
1
Confidential Omitted
No
Holdings (32)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | RYANAIR HLDGS PLC | RYAOF | 8,456,700 | $368.6M | 26.40% |
| 2 | COPA HOLDINGS | CPA | 3,339,587 | $293.5M | 21.02% |
| 3 | SAMSUNG ELECTRONIC | 796050888 | 203,435 | $185.1M | 13.26% |
| 4 | COMMERCIAL INTL BK | 201712205 | 29,047,162 | $43.0M | 3.08% |
| 5 | BERKSHIRE HATHAWAY | BRK-A | 75,830 | $34.4M | 2.46% |
| 6 | MARKEL GROUP INC | MKL | 18,090 | $31.2M | 2.24% |
| 7 | HENRY SCHEIN INC | HSIC | 409,441 | $28.3M | 2.03% |
| 8 | WALT DISNEY CO | 254687106 | 242,189 | $27.0M | 1.93% |
| 9 | META PLATFORMS INC | META | 44,692 | $26.2M | 1.87% |
| 10 | PRICE T ROWE GROUP | TROW | 226,102 | $25.6M | 1.83% |
| 11 | GILEAD SCIENCES INC | GILD | 268,966 | $24.8M | 1.78% |
| 12 | RTX CORPORATION | RTX | 199,523 | $23.1M | 1.65% |
| 13 | QUALCOMM INC | QCOM | 145,138 | $22.3M | 1.60% |
| 14 | CULLEN FROST BANKERS | CFR-PB | 163,777 | $22.0M | 1.57% |
| 15 | WELLS FARGO & CO | 949746101 | 307,627 | $21.6M | 1.55% |
| 16 | DONALDSON INC | DCI | 307,431 | $20.7M | 1.48% |
| 17 | BORG WARNER INC | BWA | 622,427 | $19.8M | 1.42% |
| 18 | C H ROBINSON WLDWIDE | CHRW | 187,858 | $19.4M | 1.39% |
| 19 | AMERICAN EXPRESS CO | AXP | 62,197 | $18.5M | 1.32% |
| 20 | MSC INDL DIRECT INC | 553530106 | 240,020 | $17.9M | 1.28% |
| 21 | JOHNSON & JOHNSON | JNJ | 109,135 | $15.8M | 1.13% |
| 22 | BIOGEN INC | BIIB | 97,855 | $15.0M | 1.07% |
| 23 | AMBEV SA | ABEV | 7,677,698 | $14.2M | 1.02% |
| 24 | GENTEX CORP | GNTX | 488,862 | $14.0M | 1.01% |
| 25 | INTEL CORP | INTC | 631,244 | $12.7M | 0.91% |
| 26 | BECTON DICKINSON | BDX | 55,609 | $12.6M | 0.90% |
| 27 | STATE BK OF INDIA | 856552203 | 117,605 | $10.9M | 0.78% |
| 28 | BROWN FORMAN CORP | BF-B | 249,800 | $9.5M | 0.68% |
| 29 | SNAP-ON INC | SNA | 22,100 | $7.5M | 0.54% |
| 30 | ALPHABET INC | GOOG | 22,125 | $4.2M | 0.30% |
| 31 | TAIWAN SEMICONDUCTOR | 874039100 | 18,700 | $3.7M | 0.26% |
| 32 | EXXON MOBIL CORP | XOM | 30,100 | $3.2M | 0.23% |