SPRUCEGROVE INVESTMENT MANAGEMENT LTD Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 56
New Positions 0
Increased Positions 11
Decreased Positions 45
Positions with Activity 56
Sold Out Positions 0
Total Mkt Value (in $ millions) 5,480

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

Sector Weighting

Basic Materials 5.44%
Capital Goods 9.65%
Conglomerates
Consumer Cyclical 1.61%
Consumer/Non-Cyclical 5.62%
Energy 9.8%
Financial 23.99%
Healthcare 10.61%
Services 12.38%
Technology 17.05%
Transportation 1.82%
Utilities 2.03%

56 Activity Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTEL CORP COM 112,056 -23,242 (17.18) 3,493,025
MDU RES GROUP INC COM 111,464 14,368 14.80 4,921,140
BECTON DICKINSON & CO COM 109,112 -38,657 (26.16) 755,990
DENBURY RES INC COM NEW 101,201 37,491 58.85 12,493,950
MERCK & CO INC NEW COM 94,789 -7,081 (6.95) 1,645,635
UNITED TECHNOLOGIES CORP COM 89,456 24,134 36.95 770,110
RYANAIR HLDGS PLC SPONSORED ADR 82,705 -21,788 (20.85) 1,234,410
TIDEWATER INC COM 72,681 8,521 13.28 2,978,727
ALTERA CORP COM 66,671 -1,488 (2.18) 1,630,493
FLIR SYS INC COM 60,712 -1,157 (1.87) 1,988,608
DISNEY WALT CO COM DISNEY 60,409 -21,102 (25.89) 551,530
JACOBS ENGR GROUP INC DEL COM 59,371 6,405 12.09 1,282,039
MATTEL INC COM 54,269 16,852 45.04 1,797,000
BEMIS INC COM 53,982 -1,051 (1.91) 1,184,853
GRANITE CONSTR INC COM 45,017 -880 (1.92) 1,263,100
CULLEN FROST BANKERS INC COM 44,451 -750 (1.66) 634,200
DENTSPLY INTL INC NEW COM 41,806 -582 (1.37) 797,529
GENERAL DYNAMICS CORP COM 40,358 -9,642 (19.28) 300,955
NABORS INDUSTRIES LTD SHS 39,922 -822 (2.02) 2,654,363
ROCKWELL COLLINS INC COM 35,077 -450 (1.27) 358,700