SPRUCEGROVE INVESTMENT MANAGEMENT LTD Information

181 UNIVERSITY AVE, TORONTO, , M5H 3M7, (416) 363-5854

Report Date: 12/31/2015

Position Statistics

Total Positions 58
New Positions 2
Increased Positions 7
Decreased Positions 50
Positions with Activity 57
Sold Out Positions 1
Total Mkt Value (in $ millions) 3,814

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 7.82%
Capital Goods 10.4%
Conglomerates
Consumer Cyclical 3.38%
Consumer/Non-Cyclical 4.93%
Energy 8.28%
Financial 25.53%
Healthcare 9.06%
Services 6.63%
Technology 20.53%
Transportation 0.39%
Utilities 2.97%

57 Activity Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SAMSUNG ELECTRS LTD GDR 144A / REG S 298,073 -11,978 (3.86) 545,582
MARKEL CORP COM 254,427 -79,008 (23.7) 282,976
POSCO SPONSORED ADR 222,962 -6,591 (2.87) 4,286,086
INFOSYS LTD SPONSORED ADR 218,100 -11,705 (5.09) 11,601,080
APACHE CORP COM 166,768 -21,955 (11.63) 3,065,596
BANCO BRADESCO S A SP ADR PFD NEW 151,003 -4,694 (3.02) 20,214,656
WELLS FARGO & CO NEW COM 141,150 -45,195 (24.25) 2,824,131
BERKSHIRE HATHAWAY INC DEL CL B NEW 131,113 -33,565 (20.38) 901,242
JOHNSON & JOHNSON COM 130,339 -25,788 (16.52) 1,162,908
PROCTER & GAMBLE CO COM 125,651 -30,261 (19.41) 1,568,290
MDU RES GROUP INC COM 113,139 -9,908 (8.05) 5,640,035
WASHINGTON FED INC COM 101,385 -41,272 (28.93) 4,173,960
MATTEL INC COM 87,373 -13,115 (13.05) 2,810,320
UNITED TECHNOLOGIES CORP COM 85,861 -6,883 (7.42) 822,656
DENBURY RES INC COM NEW 77,892 -2,419 (3.01) 20,179,200
3M CO COM 69,978 -32,929 (32) 418,081
CARNIVAL CORP PAIRED CTF 67,421 -43,491 (39.21) 1,374,541
AMERICAN EXPRESS CO COM 64,634 -6,864 (9.6) 987,831
COCA COLA CO COM 62,545 -33,210 (34.68) 1,396,090
BECTON DICKINSON & CO COM 62,051 -24,103 (27.98) 384,788