SPRUCEGROVE INVESTMENT MANAGEMENT LTD Long-Term Concentrated

CIK: 0001234074 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 10, 2021

Total Value ($000): $4,237,885 (100.0% shares, 0.0% debt)

Holdings (37)

SSNHZ SAMSUNG ELECTRONIC 12.8%

Value ($000) $540,919 Shares 303,291 Est. Cost $961.38 Unrealized —

ABEV AMBEV SA 10.0%

Value ($000) $424,495 Shares 123,399,637 Est. Cost $2.71 Unrealized —

BBD BANCO BRADESCO S A 8.3%

Value ($000) $353,242 Shares 68,858,098 Est. Cost $6.68 Unrealized —

CPA COPA HOLDINGS 6.9%

Value ($000) $293,099 Shares 3,890,864 Est. Cost $58.78 Unrealized +16.5%

RYAAY RYANAIR HLDGS PLC 5.2%

Value ($000) $222,109 Shares 2,052,574 Est. Cost $66.19 Unrealized —

BRK/B BERKSHIRE HATHAWAY 3.3%

Value ($000) $141,111 Shares 507,740 Est. Cost $198.20 Unrealized +41.0%

— WALGREENS BOOTS ALNC 3.3%

Value ($000) $140,703 Shares 2,674,450 Est. Cost $44.32 Unrealized —

DIS WALT DISNEY CO 3.3%

Value ($000) $140,370 Shares 798,600 Est. Cost $126.68 Unrealized +38.7%

TROW T ROWE PRICE GRP 3.2%

Value ($000) $134,441 Shares 679,100 Est. Cost $96.46 Unrealized +57.0%

MMM 3M COMPANY 3.1%

Value ($000) $131,791 Shares 663,500 Est. Cost $113.18 Unrealized +24.1%

XOM EXXON MOBIL CORP 3.0%

Value ($000) $128,716 Shares 2,708,600 Est. Cost $41.69 Unrealized +20.0%

INTC INTEL CORP 2.8%

Value ($000) $120,394 Shares 2,144,540 Est. Cost $44.15 Unrealized +21.4%

CHRW C H ROBINSON WLDWIDE 2.7%

Value ($000) $115,589 Shares 1,234,000 Est. Cost $79.18 Unrealized +10.1%

BWA BORG WARNER INC 2.7%

Value ($000) $113,851 Shares 2,345,500 Est. Cost $31.11 Unrealized +32.3%

WFC WELLS FARGO & CO 2.6%

Value ($000) $108,558 Shares 2,396,960 Est. Cost $25.05 Unrealized +59.6%

RTX RAYTHEON TECHNOLOGIE 2.5%

Value ($000) $106,731 Shares 1,251,100 Est. Cost $61.30 Unrealized +23.5%

EXP EAGLE MATERIALS 2.5%

Value ($000) $106,668 Shares 750,600 Est. Cost $90.46 Unrealized +54.7%

CFR CULLEN FROST BANKERS 2.2%

Value ($000) $91,180 Shares 814,107 Est. Cost $70.11 Unrealized +45.2%

HSIC HENRY SCHEIN INC 2.0%

Value ($000) $85,611 Shares 1,153,942 Est. Cost $64.56 Unrealized +16.7%

MSM MSC INDL DIRECT INC 2.0%

Value ($000) $83,566 Shares 931,310 Est. Cost $73.75 Unrealized +24.0%

BIIB BIOGEN INC 1.6%

Value ($000) $69,393 Shares 200,400 Est. Cost $285.77 Unrealized +6.0%

MKL MARKEL CORP 1.4%

Value ($000) $60,053 Shares 50,605 Est. Cost $856.88 Unrealized +39.9%

CHKP CHECK POINT SOFTWARE 1.4%

Value ($000) $58,367 Shares 502,600 Est. Cost $111.52 Unrealized +5.8%

SLB SCHLUMBERGER LTD 1.3%

Value ($000) $56,997 Shares 1,780,600 Est. Cost $22.50 Unrealized +23.4%

AXP AMERICAN EXPRESS CO 1.3%

Value ($000) $54,922 Shares 332,400 Est. Cost $91.98 Unrealized +60.8%

IPGP IPG PHOTONICS CORP 1.1%

Value ($000) $47,512 Shares 225,422 Est. Cost $167.70 Unrealized +25.5%

JNJ JOHNSON & JOHNSON 1.1%

Value ($000) $44,595 Shares 270,700 Est. Cost $107.73 Unrealized +34.5%

CMGGF COMMERCIAL INTL BK 1.0%

Value ($000) $44,190 Shares 13,452,110 Est. Cost $3.78 Unrealized —

CCL CARNIVAL CORP 1.0%

Value ($000) $42,654 Shares 1,618,142 Est. Cost $24.50 Unrealized +14.3%

GOOGL ALPHABET INC 0.9%

Value ($000) $37,919 Shares 15,529 Est. Cost $62.17 Unrealized +86.5%

BDX BECTON DICKINSON 0.9%

Value ($000) $36,162 Shares 148,700 Est. Cost $203.77 Unrealized +9.0%

DCI DONALDSON INC 0.7%

Value ($000) $28,506 Shares 448,701 Est. Cost $44.57 Unrealized +28.6%

BKE BUCKLE INC 0.5%

Value ($000) $22,282 Shares 447,875 Est. Cost $10.28 Unrealized +146.2%

GILD GILEAD SCIENCES INC 0.5%

Value ($000) $19,122 Shares 277,700 Est. Cost $52.49 Unrealized +6.4%

SBKFF STATE BK OF INDIA 0.4%

Value ($000) $18,809 Shares 336,480 Est. Cost $47.41 Unrealized —

CSL CARLISLE COS INC 0.2%

Value ($000) $7,981 Shares 41,700 Est. Cost $73.94 Unrealized +138.8%

MLM MARTIN MARIETTA MATL 0.1%

Value ($000) $5,277 Shares 15,000 Est. Cost $186.29 Unrealized +85.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SSNHZ	SAMSUNG ELECTRONIC	303,291	$540,919	12.8%	$961.38	—	GDR REP 1/2 ORD REGS	796050888
ABEV	AMBEV SA	123,399,637	$424,495	10.0%	$2.71	—	ADR REP 1 COM SHS	02319V103
BBD	BANCO BRADESCO S A	68,858,098	$353,242	8.3%	$6.68	—	ADR (1 PFD)	059460303
CPA	COPA HOLDINGS	3,890,864	$293,099	6.9%	$58.78	+16.5%	CLASS A	P31076105
RYAAY	RYANAIR HLDGS PLC	2,052,574	$222,109	5.2%	$66.19	—	ADR EACH REPR 5 ORD	783513203
BRK/B	BERKSHIRE HATHAWAY	507,740	$141,111	3.3%	$198.20	+41.0%	CLASS B	084670702
—	WALGREENS BOOTS ALNC	2,674,450	$140,703	3.3%	$44.32	—	COMMON	931427108
DIS	WALT DISNEY CO	798,600	$140,370	3.3%	$126.68	+38.7%	COM	254687106
TROW	T ROWE PRICE GRP	679,100	$134,441	3.2%	$96.46	+57.0%	COMMON	74144T108
MMM	3M COMPANY	663,500	$131,791	3.1%	$113.18	+24.1%	COMMON	88579Y101
XOM	EXXON MOBIL CORP	2,708,600	$128,716	3.0%	$41.69	+20.0%	COMMON	30231G102
INTC	INTEL CORP	2,144,540	$120,394	2.8%	$44.15	+21.4%	COMMON	458140100
CHRW	C H ROBINSON WLDWIDE	1,234,000	$115,589	2.7%	$79.18	+10.1%	COMMON	12541W209
BWA	BORG WARNER INC	2,345,500	$113,851	2.7%	$31.11	+32.3%	COMMON	099724106
WFC	WELLS FARGO & CO	2,396,960	$108,558	2.6%	$25.05	+59.6%	COMMON	949746101
RTX	RAYTHEON TECHNOLOGIE	1,251,100	$106,731	2.5%	$61.30	+23.5%	COM USD1	75513E101
EXP	EAGLE MATERIALS	750,600	$106,668	2.5%	$90.46	+54.7%	COMMON	26969P108
CFR	CULLEN FROST BANKERS	814,107	$91,180	2.2%	$70.11	+45.2%	COMMON	229899109
HSIC	HENRY SCHEIN INC	1,153,942	$85,611	2.0%	$64.56	+16.7%	COM	806407102
MSM	MSC INDL DIRECT INC	931,310	$83,566	2.0%	$73.75	+24.0%	CLASS A	553530106
BIIB	BIOGEN INC	200,400	$69,393	1.6%	$285.77	+6.0%	COMMON	09062X103
MKL	MARKEL CORP	50,605	$60,053	1.4%	$856.88	+39.9%	COMMON	570535104
CHKP	CHECK POINT SOFTWARE	502,600	$58,367	1.4%	$111.52	+5.8%	ORDINARY	M22465104
SLB	SCHLUMBERGER LTD	1,780,600	$56,997	1.3%	$22.50	+23.4%	COMMON	806857108
AXP	AMERICAN EXPRESS CO	332,400	$54,922	1.3%	$91.98	+60.8%	COMMON	025816109
IPGP	IPG PHOTONICS CORP	225,422	$47,512	1.1%	$167.70	+25.5%	COMMON	44980X109
JNJ	JOHNSON & JOHNSON	270,700	$44,595	1.1%	$107.73	+34.5%	COMMON	478160104
CMGGF	COMMERCIAL INTL BK	13,452,110	$44,190	1.0%	$3.78	—	GDR REP 1 ORD EGP10	201712205
CCL	CARNIVAL CORP	1,618,142	$42,654	1.0%	$24.50	+14.3%	COMMON	143658300
GOOGL	ALPHABET INC	15,529	$37,919	0.9%	$62.17	+86.5%	CLASS A	02079K305
BDX	BECTON DICKINSON	148,700	$36,162	0.9%	$203.77	+9.0%	COMMON	075887109
DCI	DONALDSON INC	448,701	$28,506	0.7%	$44.57	+28.6%	COMMON	257651109
BKE	BUCKLE INC	447,875	$22,282	0.5%	$10.28	+146.2%	COMMON	118440106
GILD	GILEAD SCIENCES INC	277,700	$19,122	0.5%	$52.49	+6.4%	COMMON	375558103
SBKFF	STATE BK OF INDIA	336,480	$18,809	0.4%	$47.41	—	GDR(2 INR10 REG S)	856552203
CSL	CARLISLE COS INC	41,700	$7,981	0.2%	$73.94	+138.8%	COMMON	142339100
MLM	MARTIN MARIETTA MATL	15,000	$5,277	0.1%	$186.29	+85.8%	COMMON	573284106