SPRUCEGROVE INVESTMENT MANAGEMENT LTD Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 60
New Positions 3
Increased Positions 17
Decreased Positions 43
Positions with Activity 60
Sold Out Positions 2
Total Mkt Value (in $ millions) 4,950

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

Sector Weighting

Basic Materials 5.61%
Capital Goods 9.38%
Conglomerates
Consumer Cyclical 2.07%
Consumer/Non-Cyclical 5.5%
Energy 7.36%
Financial 26.96%
Healthcare 8.85%
Services 11.78%
Technology 17.9%
Transportation 1.97%
Utilities 2.03%

60 Activity Positions as of 03/31/2015

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
3M CO COM 135,469 -52,961 (28.11) 871,859
ALTERA CORP COM 80,419 -3,291 (3.93) 1,566,393
AMERICAN EXPRESS CO COM 51,282 24,926 94.57 655,700
APACHE CORP COM 158,133 1,438 .92 2,785,011
AUSTRALIA&NEW ZEALAND BKG GRP SPONSORED ADR 4,447 -923 (17.19) 177,250
BANCO BRADESCO S A SP ADR PFD NEW 148,703 25,633 20.83 15,989,520
BECTON DICKINSON & CO COM 88,989 -19,253 (17.79) 621,520
BED BATH & BEYOND INC COM 18,098 -1,208 (6.26) 262,100
BEMIS INC COM 43,584 -10,386 (19.24) 956,845
BERKSHIRE HATHAWAY INC DEL CL B NEW 180,109 -15,515 (7.93) 1,310,933
CARLISLE COS INC COM 20,428 71 .35 201,300
CARNIVAL CORP PAIRED CTF 177,458 -11,624 (6.15) 3,559,129
COCA COLA CO COM 97,387 -18,131 (15.7) 2,466,120
CULLEN FROST BANKERS INC COM 47,151 -2,000 (4.07) 608,400
DENBURY RES INC COM NEW 69,938 -2,902 (3.98) 11,996,150
DENTSPLY INTL INC NEW COM 38,423 -2,562 (6.25) 747,679
DISNEY WALT CO COM DISNEY 52,807 -10,603 (16.72) 459,310
EMERSON ELEC CO COM 7,139 -603 (7.79) 127,800
FLIR SYS INC COM 58,346 -3,003 (4.9) 1,891,268
GANNETT SPINCO INC COM 28,769 -2,655 (8.45) 2,320,115