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) 5,288

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

Sector Weighting

Basic Materials 5.4%
Capital Goods 10%
Conglomerates
Consumer Cyclical 1.42%
Consumer/Non-Cyclical 5.85%
Energy 8.44%
Financial 24.41%
Healthcare 10.82%
Services 12.64%
Technology 17.21%
Transportation 1.86%
Utilities 1.96%

56 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTEL CORP COM 105,070 -21,793 (17.18) 3,493,025
MDU RES GROUP INC COM 103,787 13,379 14.80 4,921,140
DENBURY RES INC COM NEW 98,952 36,658 58.85 12,493,950
MERCK & CO INC NEW COM 94,789 -7,081 (6.95) 1,645,635
UNITED TECHNOLOGIES CORP COM 89,364 24,109 36.95 770,110
RYANAIR HLDGS PLC SPONSORED ADR 79,829 -21,031 (20.85) 1,234,410
PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR 74,852 -1,171 (1.54) 12,927,889
FLIR SYS INC COM 61,567 -1,173 (1.87) 1,988,608
TIDEWATER INC COM 60,081 7,044 13.28 2,978,727
DISNEY WALT CO COM DISNEY 58,043 -20,276 (25.89) 551,530
JACOBS ENGR GROUP INC DEL COM 57,640 6,218 12.09 1,282,039
ALTERA CORP COM 56,374 -1,259 (2.18) 1,630,493
BEMIS INC COM 54,361 -1,058 (1.91) 1,184,853
CULLEN FROST BANKERS INC COM 43,899 -741 (1.66) 634,200
GRANITE CONSTR INC COM 42,377 -829 (1.92) 1,263,100
MATTEL INC COM 40,891 12,697 45.04 1,797,000
GENERAL DYNAMICS CORP COM 40,487 -9,673 (19.28) 300,955
DENTSPLY INTL INC NEW COM 40,291 -561 (1.37) 797,529
NABORS INDUSTRIES LTD SHS 36,179 -745 (2.02) 2,654,363
GENTEX CORP COM 33,985 -668 (1.93) 1,882,800