Latest SPRUCEGROVE INVESTMENT MANAGEMENT LTD Stock Portfolio

SPRUCEGROVE INVESTMENT MANAGEMENT LTD Performance:

2024 Q3: 0.75%YTD: 0.97%2023: 2.28%

Performance for 2024 Q3 is 0.75%, and YTD is 0.97%, and 2023 is 2.28%.

About SPRUCEGROVE INVESTMENT MANAGEMENT LTD and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, SPRUCEGROVE INVESTMENT MANAGEMENT LTD reported an equity portfolio of $1.8 Billions as of 30 Sep, 2024.

The top stock holdings of SPRUCEGROVE INVESTMENT MANAGEMENT LTD are RYAAY, CPA, . The fund has invested 21.7% of it's portfolio in RYANAIR HLDGS PLC and 16.7% of portfolio in COPA HOLDINGS.

They significantly reduced their stock positions in RTX CORPORATION (RTX), TAIWAN SEMICONDUCTOR (TSM) and AMBEV SA. The fund showed a lot of confidence in some stocks as they added substantially to RYANAIR HLDGS PLC (RYAAY), SNAP-ON INC (SNA) and TORONTO DOMINION BK.

SPRUCEGROVE INVESTMENT MANAGEMENT LTD Annual Return Estimates Vs S&P 500

Our best estimate is that SPRUCEGROVE INVESTMENT MANAGEMENT LTD made a return of 0.75% in the last quarter. In trailing 12 months, it's portfolio return was 2.66%.

New Buys

No new stocks were added by SPRUCEGROVE INVESTMENT MANAGEMENT LTD

Additions

Ticker	% Inc.
ryanair hldgs plc	171
snap-on inc	138
toronto dominion bk	11.22
intel corp	8.1
copa holdings	3.35

Additions to existing portfolio by SPRUCEGROVE INVESTMENT MANAGEMENT LTD

Reductions

Ticker	% Reduced
rtx corporation	-8.49
taiwan semiconductor	-4.1
ambev sa	-3.12
meta platforms inc	-2.9
samsung electronic	-2.38
commercial intl bk	-1.39
exxon mobil corp	-0.66
berkshire hathaway	-0.52

SPRUCEGROVE INVESTMENT MANAGEMENT LTD reduced stake in above stock

Sold off

Ticker	$ Sold
banco bradesco s a	-162,936,000

SPRUCEGROVE INVESTMENT MANAGEMENT LTD got rid off the above stocks

Sector Distribution

SPRUCEGROVE INVESTMENT MANAGEMENT LTD has about 75.3% of it's holdings in Others sector.

Sector	%
Others	75.3
Financial Services	6
Healthcare	5.7
Industrials	5.2
Communication Services	3.1
Technology	2.3
Consumer Cyclical	2.1

Market Cap. Distribution

SPRUCEGROVE INVESTMENT MANAGEMENT LTD has about 17.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	75.3
LARGE-CAP	14.4
MID-CAP	7.3
MEGA-CAP	2.9

Stocks belong to which Index?

About 18.7% of the stocks held by SPRUCEGROVE INVESTMENT MANAGEMENT LTD either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	81.3
S&P 500	18.7

Top 5 Winners (%)		%
CHRW	c h robinson wldwide	25.2 %
GILD	gilead sciences inc	22.1 %
RTX	rtx corporation	20.4 %
AXP	american express co	17.1 %
HSIC	henry schein inc	13.7 %

Top 5 Winners ($)		$
RTX	rtx corporation	4.5 M
CHRW	c h robinson wldwide	4.2 M
GILD	gilead sciences inc	4.1 M
HSIC	henry schein inc	3.6 M
META	meta platforms inc	3.3 M

Top 5 Losers (%)		%
INTC	intel corp	-22.6 %
BIIB	biogen inc	-16.4 %
QCOM	qualcomm inc	-14.6 %
GNTX	gentex corp	-11.9 %
GOOG	alphabet inc	-8.9 %

Top 5 Losers ($)		$
QCOM	qualcomm inc	-4.6 M
INTC	intel corp	-4.3 M
BIIB	biogen inc	-3.7 M
GNTX	gentex corp	-2.0 M
TROW	price t rowe group	-1.4 M

SPRUCEGROVE INVESTMENT MANAGEMENT LTD Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SPRUCEGROVE INVESTMENT MANAGEMENT LTD

SPRUCEGROVE INVESTMENT MANAGEMENT LTD has 32 stocks in it's portfolio. About 79.4% of the portfolio is in top 10 stocks. QCOM proved to be the most loss making stock for the portfolio. RTX was the most profitable stock for SPRUCEGROVE INVESTMENT MANAGEMENT LTD last quarter.

Last Reported on: 24 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AXP	american express co	0.94	62,197	16,867,800	reduced	-0.48

BBD	banco bradesco s a	0.00	0.00	0.00	sold off	-100

BDX	becton dickinson	0.75	55,609	13,407,300	reduced	-0.18

BIIB	biogen inc	1.06	97,855	18,968,200	reduced	-0.2

BWA	borg warner inc	1.26	622,427	22,587,900	reduced	-0.19

CFR	cullen frost bankers	1.17	186,577	20,870,500	reduced	-0.37

CHRW	c h robinson wldwide	1.16	187,858	20,733,900	reduced	-0.11

CPA	copa holdings	16.73	3,189,570	299,310,000	added	3.35

DCI	donaldson inc	1.27	307,431	22,657,700	reduced	-0.1

DIS	walt disney co	1.30	242,189	23,296,200	reduced	-0.45

GILD	gilead sciences inc	1.26	268,966	22,550,100	reduced	-0.48

GNTX	gentex corp	0.81	488,862	14,514,300	reduced	-0.1

GOOG	alphabet inc	0.20	22,125	3,669,430	unchanged	0.00

HSIC	henry schein inc	1.67	409,441	29,848,200	reduced	-0.13

INTC	intel corp	0.83	631,244	14,809,000	added	8.1

JNJ	johnson & johnson	0.99	109,135	17,686,400	reduced	-0.37

META	meta platforms inc	1.55	48,398	27,705,000	reduced	-2.9

MKL	markel group inc	1.59	18,090	28,375,600	reduced	-0.51

MSM	msc indl direct inc	1.15	240,020	20,656,100	reduced	-0.08

QCOM	qualcomm inc	1.49	156,538	26,619,300	reduced	-0.13