SPRUCEGROVE INVESTMENT MANAGEMENT LTD Long-Term Concentrated

CIK: 0001234074 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Oct 24, 2024

Total Value ($000): $1,789,349 (100.0% shares, 0.0% debt)

Holdings (32)

RYAAY RYANAIR HLDGS PLC 21.7%

Value ($000) $388,462 Shares 8,598,101 Est. Cost $57.37 Unrealized —

CPA COPA HOLDINGS 16.7%

Value ($000) $299,310 Shares 3,189,574 Est. Cost $64.05 Unrealized +29.2%

SSNHZ SAMSUNG ELECTRONIC 14.4%

Value ($000) $257,565 Shares 220,329 Est. Cost $968.65 Unrealized —

ABEV AMBEV SA 9.3%

Value ($000) $166,161 Shares 68,098,653 Est. Cost $2.71 Unrealized —

TD TORONTO DOMINION BK 7.7%

Value ($000) $136,922 Shares 2,164,430 Est. Cost $59.60 Unrealized -0.8%

CMGGF COMMERCIAL INTL BK 2.8%

Value ($000) $50,708 Shares 29,863,102 Est. Cost $2.96 Unrealized —

BRK/B BERKSHIRE HATHAWAY 2.0%

Value ($000) $34,902 Shares 75,830 Est. Cost $214.82 Unrealized +105.8%

HSIC HENRY SCHEIN INC 1.7%

Value ($000) $29,848 Shares 409,441 Est. Cost $70.01 Unrealized -1.0%

MKL MARKEL GROUP INC 1.6%

Value ($000) $28,376 Shares 18,090 Est. Cost $1123.01 Unrealized +39.4%

META META PLATFORMS INC 1.5%

Value ($000) $27,705 Shares 48,398 Est. Cost $212.48 Unrealized +141.0%

QCOM QUALCOMM INC 1.5%

Value ($000) $26,619 Shares 156,538 Est. Cost $134.34 Unrealized +27.4%

TROW PRICE T ROWE GROUP 1.4%

Value ($000) $24,629 Shares 226,102 Est. Cost $99.90 Unrealized +2.3%

RTX RTX CORPORATION 1.4%

Value ($000) $24,174 Shares 199,523 Est. Cost $67.44 Unrealized +64.7%

DIS WALT DISNEY CO 1.3%

Value ($000) $23,296 Shares 242,189 Est. Cost $122.81 Unrealized -26.3%

DCI DONALDSON INC 1.3%

Value ($000) $22,658 Shares 307,431 Est. Cost $56.26 Unrealized +25.5%

BWA BORG WARNER INC 1.3%

Value ($000) $22,588 Shares 622,427 Est. Cost $31.68 Unrealized +2.0%

GILD GILEAD SCIENCES INC 1.3%

Value ($000) $22,550 Shares 268,966 Est. Cost $64.61 Unrealized +13.1%

CFR CULLEN FROST BANKERS 1.2%

Value ($000) $20,871 Shares 186,577 Est. Cost $82.16 Unrealized +27.5%

CHRW C H ROBINSON WLDWIDE 1.2%

Value ($000) $20,734 Shares 187,858 Est. Cost $79.43 Unrealized +18.4%

MSM MSC INDL DIRECT INC 1.2%

Value ($000) $20,656 Shares 240,020 Est. Cost $82.67 Unrealized -1.1%

BIIB BIOGEN INC 1.1%

Value ($000) $18,968 Shares 97,855 Est. Cost $264.00 Unrealized -20.8%

JNJ JOHNSON & JOHNSON 1.0%

Value ($000) $17,686 Shares 109,135 Est. Cost $130.38 Unrealized +17.1%

WFC WELLS FARGO & CO 1.0%

Value ($000) $17,378 Shares 307,627 Est. Cost $35.85 Unrealized +53.0%

AXP AMERICAN EXPRESS CO 0.9%

Value ($000) $16,868 Shares 62,197 Est. Cost $113.15 Unrealized +116.6%

INTC INTEL CORP 0.8%

Value ($000) $14,809 Shares 631,244 Est. Cost $41.46 Unrealized -40.0%

GNTX GENTEX CORP 0.8%

Value ($000) $14,514 Shares 488,862 Est. Cost $33.46 Unrealized -7.2%

BDX BECTON DICKINSON 0.7%

Value ($000) $13,407 Shares 55,609 Est. Cost $224.12 Unrealized +1.6%

SBKFF STATE BK OF INDIA 0.6%

Value ($000) $10,949 Shares 117,605 Est. Cost $75.34 Unrealized —

SNA SNAP-ON INC 0.3%

Value ($000) $5,591 Shares 19,300 Est. Cost $264.55 Unrealized +0.4%

GOOGL ALPHABET INC 0.2%

Value ($000) $3,669 Shares 22,125 Est. Cost $110.73 Unrealized +50.6%

XOM EXXON MOBIL CORP 0.2%

Value ($000) $3,528 Shares 30,100 Est. Cost $41.69 Unrealized +163.9%

TSM TAIWAN SEMICONDUCTOR 0.2%

Value ($000) $3,248 Shares 18,700 Est. Cost $95.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RYAAY	RYANAIR HLDGS PLC	8,598,101	$388,462	21.7%	$57.37	—	ADR EACH REPR 5 ORD	783513203
CPA	COPA HOLDINGS	3,189,574	$299,310	16.7%	$64.05	+29.2%	CLASS A	P31076105
SSNHZ	SAMSUNG ELECTRONIC	220,329	$257,565	14.4%	$968.65	—	GDR REP 1/2 ORD REGS	796050888
ABEV	AMBEV SA	68,098,653	$166,161	9.3%	$2.71	—	ADR REP 1 COM SHS	02319V103
TD	TORONTO DOMINION BK	2,164,430	$136,922	7.7%	$59.60	-0.8%	COMMON	891160509
CMGGF	COMMERCIAL INTL BK	29,863,102	$50,708	2.8%	$2.96	—	GDR REP 1 ORD EGP10	201712205
BRK/B	BERKSHIRE HATHAWAY	75,830	$34,902	2.0%	$214.82	+105.8%	CLASS B	084670702
HSIC	HENRY SCHEIN INC	409,441	$29,848	1.7%	$70.01	-1.0%	COM	806407102
MKL	MARKEL GROUP INC	18,090	$28,376	1.6%	$1123.01	+39.4%	COMMON	570535104
META	META PLATFORMS INC	48,398	$27,705	1.5%	$212.48	+141.0%	COM USD0.000006 CL A	30303M102
QCOM	QUALCOMM INC	156,538	$26,619	1.5%	$134.34	+27.4%	COMMON	747525103
TROW	PRICE T ROWE GROUP	226,102	$24,629	1.4%	$99.90	+2.3%	COM	74144T108
RTX	RTX CORPORATION	199,523	$24,174	1.4%	$67.44	+64.7%	COM USD1	75513E101
DIS	WALT DISNEY CO	242,189	$23,296	1.3%	$122.81	-26.3%	COM	254687106
DCI	DONALDSON INC	307,431	$22,658	1.3%	$56.26	+25.5%	COMMON	257651109
BWA	BORG WARNER INC	622,427	$22,588	1.3%	$31.68	+2.0%	COMMON	099724106
GILD	GILEAD SCIENCES INC	268,966	$22,550	1.3%	$64.61	+13.1%	COMMON	375558103
CFR	CULLEN FROST BANKERS	186,577	$20,871	1.2%	$82.16	+27.5%	COMMON	229899109
CHRW	C H ROBINSON WLDWIDE	187,858	$20,734	1.2%	$79.43	+18.4%	COMMON	12541W209
MSM	MSC INDL DIRECT INC	240,020	$20,656	1.2%	$82.67	-1.1%	CLASS A	553530106
BIIB	BIOGEN INC	97,855	$18,968	1.1%	$264.00	-20.8%	COMMON	09062X103
JNJ	JOHNSON & JOHNSON	109,135	$17,686	1.0%	$130.38	+17.1%	COMMON	478160104
WFC	WELLS FARGO & CO	307,627	$17,378	1.0%	$35.85	+53.0%	COMMON	949746101
AXP	AMERICAN EXPRESS CO	62,197	$16,868	0.9%	$113.15	+116.6%	COMMON	025816109
INTC	INTEL CORP	631,244	$14,809	0.8%	$41.46	-40.0%	COMMON	458140100
GNTX	GENTEX CORP	488,862	$14,514	0.8%	$33.46	-7.2%	COMMON	371901109
BDX	BECTON DICKINSON	55,609	$13,407	0.7%	$224.12	+1.6%	COMMON	075887109
SBKFF	STATE BK OF INDIA	117,605	$10,949	0.6%	$75.34	—	GDR(2 INR10 REG S)	856552203
SNA	SNAP-ON INC	19,300	$5,591	0.3%	$264.55	+0.4%	COMMON	833034101
GOOGL	ALPHABET INC	22,125	$3,669	0.2%	$110.73	+50.6%	CLASS A	02079K305
XOM	EXXON MOBIL CORP	30,100	$3,528	0.2%	$41.69	+163.9%	COMMON	30231G102
TSM	TAIWAN SEMICONDUCTOR	18,700	$3,248	0.2%	$95.36	—	SP ADR (5 ORD)	874039100