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) 5,467

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

Sector Weighting

Basic Materials 5.72%
Capital Goods 9.98%
Conglomerates
Consumer Cyclical 1.47%
Consumer/Non-Cyclical 5.9%
Energy 9.07%
Financial 24.03%
Healthcare 10.74%
Services 12.12%
Technology 17.13%
Transportation 1.8%
Utilities 2.02%

56 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 112,295 -39,785 (26.16) 755,990
3M CO COM 205,687 -38,767 (15.86) 1,212,705
SYSCO CORP COM 118,164 -28,273 (19.31) 3,019,000
INTEL CORP COM 117,540 -24,380 (17.18) 3,493,025
WELLS FARGO & CO NEW COM 281,419 -21,708 (7.16) 5,102,801
RYANAIR HLDGS PLC SPONSORED ADR 78,416 -20,658 (20.85) 1,234,410
DISNEY WALT CO COM DISNEY 57,668 -20,145 (25.89) 551,530
GOOGLE INC CL C 29,151 -19,978 (40.67) 52,479
MICROSOFT CORP COM 129,144 -13,994 (9.78) 2,931,436
WALGREENS BOOTS ALLIANCE INC COM 112,944 -13,344 (10.57) 1,383,265
SIGNET JEWELERS LIMITED SHS 6,450 -11,891 (64.83) 54,032
MEDTRONIC PLC SHS 10,465 -11,377 (52.09) 132,788
GENERAL DYNAMICS CORP COM 41,962 -10,025 (19.28) 300,955
MARKEL CORP COM 387,846 -9,623 (2.42) 520,508
MERCK & CO INC NEW COM 97,027 -7,249 (6.95) 1,645,635
BERKSHIRE HATHAWAY INC DEL CL B NEW 211,215 -4,497 (2.09) 1,423,858
PFIZER INC COM 158,424 -4,099 (2.52) 4,580,064
GANNETT INC COM 180,842 -3,664 (1.99) 5,068,430
JOHNSON & JOHNSON COM 166,433 -3,619 (2.13) 1,618,996
CARNIVAL CORP PAIRED CTF 165,988 -2,696 (1.6) 3,792,269