SPRUCEGROVE INVESTMENT MANAGEMENT LTD Long-Term Concentrated

CIK: 0001234074 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 13, 2024

Total Value ($000): $2,474,878 (100.0% shares, 0.0% debt)

Holdings (33)

CRH CRH PLC 17.7%

Value ($000) $437,226 Shares 5,068,704 Est. Cost $58.12 Unrealized +28.5%

RYAAY RYANAIR HLDGS PLC 16.5%

Value ($000) $407,559 Shares 2,799,362 Est. Cost $73.24 Unrealized —

SSNHZ SAMSUNG ELECTRONIC 13.5%

Value ($000) $335,249 Shares 225,453 Est. Cost $968.65 Unrealized —

CPA COPA HOLDINGS 12.0%

Value ($000) $296,787 Shares 2,849,339 Est. Cost $61.24 Unrealized +43.8%

BBD BANCO BRADESCO S A 8.5%

Value ($000) $211,472 Shares 73,941,201 Est. Cost $5.62 Unrealized —

ABEV AMBEV SA 7.1%

Value ($000) $174,690 Shares 70,439,572 Est. Cost $2.71 Unrealized —

TD TORONTO DOMINION BK 3.2%

Value ($000) $79,955 Shares 1,324,200 Est. Cost $61.09 Unrealized -1.1%

CMGGF COMMERCIAL INTL BK 2.0%

Value ($000) $48,399 Shares 30,363,382 Est. Cost $2.96 Unrealized —

BRK/B BERKSHIRE HATHAWAY 1.3%

Value ($000) $31,796 Shares 75,611 Est. Cost $214.82 Unrealized +83.1%

HSIC HENRY SCHEIN INC 1.2%

Value ($000) $30,555 Shares 404,591 Est. Cost $70.01 Unrealized +7.1%

DIS WALT DISNEY CO 1.2%

Value ($000) $29,500 Shares 241,089 Est. Cost $122.81 Unrealized -16.6%

MKL MARKEL GROUP INC 1.1%

Value ($000) $27,413 Shares 18,017 Est. Cost $1123.01 Unrealized +30.6%

TROW PRICE T ROWE GROUP 1.1%

Value ($000) $27,225 Shares 223,302 Est. Cost $99.81 Unrealized +1.9%

QCOM QUALCOMM INC 1.1%

Value ($000) $26,197 Shares 154,738 Est. Cost $133.72 Unrealized +11.1%

META META PLATFORMS INC 1.0%

Value ($000) $25,064 Shares 51,616 Est. Cost $212.48 Unrealized +108.6%

DCI DONALDSON INC 0.9%

Value ($000) $22,683 Shares 303,731 Est. Cost $56.06 Unrealized +17.6%

INTC INTEL CORP 0.9%

Value ($000) $22,228 Shares 503,244 Est. Cost $44.45 Unrealized -0.9%

MSM MSC INDL DIRECT INC 0.9%

Value ($000) $21,768 Shares 224,320 Est. Cost $82.23 Unrealized +19.2%

BWA BORG WARNER INC 0.9%

Value ($000) $21,380 Shares 615,427 Est. Cost $31.66 Unrealized +0.6%

RTX RTX CORPORATION 0.8%

Value ($000) $20,961 Shares 214,923 Est. Cost $66.97 Unrealized +29.6%

BIIB BIOGEN INC 0.8%

Value ($000) $20,885 Shares 96,855 Est. Cost $264.58 Unrealized -11.5%

CFR CULLEN FROST BANKERS 0.8%

Value ($000) $20,722 Shares 184,077 Est. Cost $81.86 Unrealized +22.9%

WFC WELLS FARGO & CO 0.7%

Value ($000) $17,627 Shares 304,127 Est. Cost $35.58 Unrealized +40.9%

GNTX GENTEX CORP 0.7%

Value ($000) $17,445 Shares 482,962 Est. Cost $33.44 Unrealized +3.4%

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $17,122 Shares 108,235 Est. Cost $130.25 Unrealized +15.4%

GILD GILEAD SCIENCES INC 0.7%

Value ($000) $16,962 Shares 231,566 Est. Cost $64.86 Unrealized +11.0%

CHRW C H ROBINSON WLDWIDE 0.6%

Value ($000) $14,144 Shares 185,758 Est. Cost $79.46 Unrealized -6.0%

AXP AMERICAN EXPRESS CO 0.6%

Value ($000) $14,025 Shares 61,597 Est. Cost $111.48 Unrealized +82.0%

BDX BECTON DICKINSON 0.6%

Value ($000) $13,612 Shares 55,009 Est. Cost $224.07 Unrealized +2.9%

SBKFF STATE BK OF INDIA 0.5%

Value ($000) $13,260 Shares 146,195 Est. Cost $75.34 Unrealized —

XOM EXXON MOBIL CORP 0.2%

Value ($000) $4,708 Shares 40,500 Est. Cost $41.69 Unrealized +135.3%

GOOGL ALPHABET INC 0.1%

Value ($000) $3,282 Shares 21,745 Est. Cost $109.74 Unrealized +29.4%

TSM TAIWAN SEMICONDUCTOR 0.1%

Value ($000) $2,979 Shares 21,900 Est. Cost $95.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRH	CRH PLC	5,068,704	$437,226	17.7%	$58.12	+28.5%	ORD EUR0.32	G25508105
RYAAY	RYANAIR HLDGS PLC	2,799,362	$407,559	16.5%	$73.24	—	ADR EACH REPR 5 ORD	783513203
SSNHZ	SAMSUNG ELECTRONIC	225,453	$335,249	13.5%	$968.65	—	GDR REP 1/2 ORD REGS	796050888
CPA	COPA HOLDINGS	2,849,339	$296,787	12.0%	$61.24	+43.8%	CLASS A	P31076105
BBD	BANCO BRADESCO S A	73,941,201	$211,472	8.5%	$5.62	—	ADR (1 PFD)	059460303
ABEV	AMBEV SA	70,439,572	$174,690	7.1%	$2.71	—	ADR REP 1 COM SHS	02319V103
TD	TORONTO DOMINION BK	1,324,200	$79,955	3.2%	$61.09	-1.1%	COMMON	891160509
CMGGF	COMMERCIAL INTL BK	30,363,382	$48,399	2.0%	$2.96	—	GDR REP 1 ORD EGP10	201712205
BRK/B	BERKSHIRE HATHAWAY	75,611	$31,796	1.3%	$214.82	+83.1%	CLASS B	084670702
HSIC	HENRY SCHEIN INC	404,591	$30,555	1.2%	$70.01	+7.1%	COM	806407102
DIS	WALT DISNEY CO	241,089	$29,500	1.2%	$122.81	-16.6%	COM	254687106
MKL	MARKEL GROUP INC	18,017	$27,413	1.1%	$1123.01	+30.6%	COMMON	570535104
TROW	PRICE T ROWE GROUP	223,302	$27,225	1.1%	$99.81	+1.9%	COM	74144T108
QCOM	QUALCOMM INC	154,738	$26,197	1.1%	$133.72	+11.1%	COMMON	747525103
META	META PLATFORMS INC	51,616	$25,064	1.0%	$212.48	+108.6%	COM USD0.000006 CL A	30303M102
DCI	DONALDSON INC	303,731	$22,683	0.9%	$56.06	+17.6%	COMMON	257651109
INTC	INTEL CORP	503,244	$22,228	0.9%	$44.45	-0.9%	COMMON	458140100
MSM	MSC INDL DIRECT INC	224,320	$21,768	0.9%	$82.23	+19.2%	CLASS A	553530106
BWA	BORG WARNER INC	615,427	$21,380	0.9%	$31.66	+0.6%	COMMON	099724106
RTX	RTX CORPORATION	214,923	$20,961	0.8%	$66.97	+29.6%	COM USD1	75513E101
BIIB	BIOGEN INC	96,855	$20,885	0.8%	$264.58	-11.5%	COMMON	09062X103
CFR	CULLEN FROST BANKERS	184,077	$20,722	0.8%	$81.86	+22.9%	COMMON	229899109
WFC	WELLS FARGO & CO	304,127	$17,627	0.7%	$35.58	+40.9%	COMMON	949746101
GNTX	GENTEX CORP	482,962	$17,445	0.7%	$33.44	+3.4%	COMMON	371901109
JNJ	JOHNSON & JOHNSON	108,235	$17,122	0.7%	$130.25	+15.4%	COMMON	478160104
GILD	GILEAD SCIENCES INC	231,566	$16,962	0.7%	$64.86	+11.0%	COMMON	375558103
CHRW	C H ROBINSON WLDWIDE	185,758	$14,144	0.6%	$79.46	-6.0%	COMMON	12541W209
AXP	AMERICAN EXPRESS CO	61,597	$14,025	0.6%	$111.48	+82.0%	COMMON	025816109
BDX	BECTON DICKINSON	55,009	$13,612	0.6%	$224.07	+2.9%	COMMON	075887109
SBKFF	STATE BK OF INDIA	146,195	$13,260	0.5%	$75.34	—	GDR(2 INR10 REG S)	856552203
XOM	EXXON MOBIL CORP	40,500	$4,708	0.2%	$41.69	+135.3%	COMMON	30231G102
GOOGL	ALPHABET INC	21,745	$3,282	0.1%	$109.74	+29.4%	CLASS A	02079K305
TSM	TAIWAN SEMICONDUCTOR	21,900	$2,979	0.1%	$95.36	—	SP ADR (5 ORD)	874039100