SPRUCEGROVE INVESTMENT MANAGEMENT LTD Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 59
New Positions 3
Increased Positions 17
Decreased Positions 42
Positions with Activity 59
Sold Out Positions 2
Total Mkt Value (in $ millions) 5,056

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

Sector Weighting

Basic Materials 5.98%
Capital Goods 9.58%
Conglomerates
Consumer Cyclical 2.08%
Consumer/Non-Cyclical 5.47%
Energy 8.39%
Financial 25.69%
Healthcare 8.84%
Services 11.82%
Technology 18.22%
Transportation 1.77%
Utilities 2.16%

59 Activity Positions as of 03/31/2015

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
GOOGLE INC CL A 39,832 9,204 30.05 71,832
LENNAR CORP CL B 4,709 -1,518 (24.38) 116,608
BERKSHIRE HATHAWAY INC DEL CL B NEW 189,561 -16,329 (7.93) 1,310,933
GOOGLE INC CL C 27,313 -1,032 (3.64) 50,569
3M CO COM 140,352 -54,869 (28.11) 871,859
ALTERA CORP COM 74,200 -3,036 (3.93) 1,566,393
AMERICAN EXPRESS CO COM 53,276 25,894 94.57 655,700
APACHE CORP COM 174,147 1,583 .92 2,785,011
BECTON DICKINSON & CO COM 88,219 -19,087 (17.79) 621,520
BED BATH & BEYOND INC COM 18,808 -1,256 (6.26) 262,100
BEMIS INC COM 44,933 -10,707 (19.24) 956,845
CARLISLE COS INC COM 19,739 69 .35 201,300
COCA COLA CO COM 101,629 -18,921 (15.7) 2,466,120
CULLEN FROST BANKERS INC COM 45,423 -1,926 (4.07) 608,400
DENTSPLY INTL INC NEW COM 38,775 -2,585 (6.25) 747,679
EMERSON ELEC CO COM 7,895 -667 (7.79) 127,800
FLIR SYS INC COM 59,764 -3,076 (4.9) 1,891,268
GANNETT INC COM 166,723 -15,385 (8.45) 4,640,230
GENERAL DYNAMICS CORP COM 33,787 -8,239 (19.6) 241,955
GENTEX CORP COM 31,327 -1,434 (4.38) 1,800,400