SPRUCEGROVE INVESTMENT MANAGEMENT LTD Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 56
New Positions 1
Increased Positions 7
Decreased Positions 49
Positions with Activity 56
Sold Out Positions 2
Total Mkt Value (in $ millions) 5,993

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

Sector Weighting

Basic Materials 5.9%
Capital Goods 8.43%
Conglomerates
Consumer Cyclical 0.49%
Consumer/Non-Cyclical 5.16%
Energy 13.96%
Financial 21.52%
Healthcare 10.5%
Services 11.98%
Technology 17.12%
Transportation 2.5%
Utilities 2.42%

7 INCREASED Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
POSCO SPONSORED ADR 285,666 19,998 7.53 3,848,386
APACHE CORP COM 223,605 10,914 5.13 2,243,901
BANCO BRADESCO S A SP ADR PFD NEW 162,714 54,159 49.89 11,144,800
TIDEWATER INC COM 137,869 8,638 6.68 2,654,383
DENBURY RES INC COM NEW 119,065 9,293 8.47 6,674,050
VALLEY NATL BANCORP COM 10,594 10,594 New 1,078,800
WORLD FUEL SVCS CORP COM 9,029 3,156 53.73 185,400