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) 5,449

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

Sector Weighting

Basic Materials 5.49%
Capital Goods 9.64%
Conglomerates
Consumer Cyclical 1.51%
Consumer/Non-Cyclical 5.61%
Energy 10.34%
Financial 24.08%
Healthcare 10.57%
Services 11.96%
Technology 17.11%
Transportation 1.81%
Utilities 1.89%

56 Activity Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
BECTON DICKINSON & CO COM 107,351 -38,033 (26.16) 755,990
3M CO COM 191,498 -36,093 (15.86) 1,212,705
SYSCO CORP COM 109,046 -26,091 (19.31) 3,019,000
INTEL CORP COM 114,012 -23,648 (17.18) 3,493,025
WELLS FARGO & CO NEW COM 284,328 -21,933 (7.16) 5,102,801
RYANAIR HLDGS PLC SPONSORED ADR 82,471 -21,727 (20.85) 1,234,410
DISNEY WALT CO COM DISNEY 61,115 -21,349 (25.89) 551,530
GOOGLE INC CL C 27,856 -19,091 (40.67) 52,479
MICROSOFT CORP COM 139,536 -15,120 (9.78) 2,931,436
WALGREENS BOOTS ALLIANCE INC COM 115,005 -13,587 (10.57) 1,383,265
SIGNET JEWELERS LIMITED SHS 7,331 -13,514 (64.83) 54,032
MEDTRONIC PLC SHS 9,947 -10,814 (52.09) 132,788
GENERAL DYNAMICS CORP COM 41,526 -9,921 (19.28) 300,955
MARKEL CORP COM 390,282 -9,684 (2.42) 520,508
MERCK & CO INC NEW COM 99,544 -7,437 (6.95) 1,645,635
BERKSHIRE HATHAWAY INC DEL CL B NEW 205,833 -4,383 (2.09) 1,423,858
PFIZER INC COM 156,272 -4,044 (2.52) 4,580,064
GANNETT INC COM 174,810 -3,542 (1.99) 5,068,430
JOHNSON & JOHNSON COM 161,090 -3,502 (2.13) 1,618,996
CARNIVAL CORP PAIRED CTF 164,584 -2,673 (1.6) 3,792,269