SPRUCEGROVE INVESTMENT MANAGEMENT LTD Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 56
New Positions 2
Increased Positions 12
Decreased Positions 44
Positions with Activity 56
Sold Out Positions 0
Total Mkt Value (in $ millions) 5,359

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 9.96%
Conglomerates
Consumer Cyclical 1.22%
Consumer/Non-Cyclical 6%
Energy 7.5%
Financial 23.68%
Healthcare 11.58%
Services 13.02%
Technology 17.53%
Transportation 2.31%
Utilities 1.81%

56 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
GOOGLE INC CL A 9,688 -19,283 (66.56) 18,023
SIGNET JEWELERS LIMITED SHS 18,607 -10,625 (36.35) 153,635
RYANAIR HLDGS PLC SPONSORED ADR 102,903 -55,694 (35.12) 1,559,610
MICROSOFT CORP COM 131,263 -29,408 (18.3) 3,249,076
DISNEY WALT CO COM DISNEY 67,692 -11,958 (15.01) 744,190
GENERAL DYNAMICS CORP COM 49,668 -8,379 (14.44) 372,855
HEARTLAND EXPRESS INC COM 20,910 -3,238 (13.41) 813,937
SAMSUNG ELECTRS LTD GDR 144A / REG S 330,756 -34,581 (9.47) 529,985
INTEL CORP COM 139,347 -11,227 (7.46) 4,217,535
PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR 78,912 -6,308 (7.4) 13,130,088
MERCK & CO INC NEW COM 106,610 -7,354 (6.45) 1,768,575
WORLD FUEL SVCS CORP COM 9,614 -539 (5.31) 196,317
NATIONAL AUSTRALIA BK LTD SPONSORED ADR 4,475 -229 (4.87) 324,066
AUSTRALIA&NEW ZEALAND BKG GRP SPONSORED ADR 6,844 -345 (4.8) 267,850
MEDTRONIC PLC SHS 19,788 -901 (4.36) 277,144
NABORS INDUSTRIES LTD SHS 31,181 -1,351 (4.15) 2,709,000
LENNAR CORP CL B 5,633 -199 (3.41) 156,008
CARLISLE COS INC COM 18,169 -619 (3.29) 202,600
PFIZER INC COM 146,831 -4,595 (3.03) 4,698,579
BERKSHIRE HATHAWAY INC DEL CL B NEW 209,270 -6,080 (2.82) 1,454,175