0000950123-17-000281.txt : 20170119
0000950123-17-000281.hdr.sgml : 20170119
20170119104117
ACCESSION NUMBER: 0000950123-17-000281
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20161231
FILED AS OF DATE: 20170119
DATE AS OF CHANGE: 20170119
EFFECTIVENESS DATE: 20170119
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPRUCEGROVE INVESTMENT MANAGEMENT LTD
CENTRAL INDEX KEY: 0001234074
IRS NUMBER: 000000000
STATE OF INCORPORATION: A6
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11833
FILM NUMBER: 17535039
BUSINESS ADDRESS:
STREET 1: 181 UNIVERSITY AVE
STREET 2: STE 1300
CITY: TORONTO
STATE: A6
ZIP: M5H 3M7
BUSINESS PHONE: 416-363-5854
MAIL ADDRESS:
STREET 1: 181 UNIVERSITY AVE
STREET 2: STE 1300
CITY: TORONTO
STATE: A6
ZIP: M5H 3M7
13F-HR
1
primary_doc.xml
13F-HR
LIVE
false
true
false
0001234074
XXXXXXXX
12-31-2016
12-31-2016
SPRUCEGROVE INVESTMENT MANAGEMENT LTD
181 UNIVERSITY AVE
STE 1300
TORONTO
A6
M5H 3M7
13F HOLDINGS REPORT
028-11833
N
KEN CHOI
CHIEF FINANCIAL OFFICER
416-363-5854 x240
KEN CHOI
TORONTO
A6
12-31-2016
0
59
2044079
false
INFORMATION TABLE
2
form13fInfoTable.xml
INFORMATION TABLE FOR FORM 13F
3M COMPANY
COMMON
88579Y101
18884
105750
SH
SOLE
80700
0
25050
ALPHABET INC CLASS A
CLASS A
02079K305
35098
44291
SH
SOLE
33588
0
10703
ALPHABET INC CLASS C
CLASS C
02079K107
5782
7491
SH
SOLE
7491
0
0
AMERICAN EXPRESS CO
COMMON
025816109
33884
457400
SH
SOLE
377600
0
79800
APACHE CORP
COMMON
037411105
35251
555400
SH
SOLE
441200
0
114200
AUSTRAL&NEW ZEAL BKG
BKG SP ADR (1 ORD)
052528304
2515
115150
SH
SOLE
115150
0
0
BANCO BRADESCO S A
ADR (1 PFD)
059460303
183444
21061260
SH
SOLE
16597864
0
4463396
BECTON DICKINSON
COMMON
075887109
17176
103750
SH
SOLE
80000
0
23750
BEMIS INC
COMMON
081437105
6904
144380
SH
SOLE
99380
0
45000
BERKSHIRE HATHAWAY
CLASS B
084670702
50617
310574
SH
SOLE
235820
0
74754
BUCKLE INC
COMMON
118440106
6145
269500
SH
SOLE
214000
0
55500
CARLISLE COS INC
COMMON
142339100
24209
219500
SH
SOLE
169500
0
50000
CARNIVAL CORP
COMMON
143658300
21284
408842
SH
SOLE
311942
0
96900
COCA-COLA CO
COMMON
191216100
10332
249200
SH
SOLE
194100
0
55100
COPA HOLDINGS
CLASS A
P31076105
104741
1153157
SH
SOLE
885757
0
267400
CULLEN FROST BANKERS
COMMON
229899109
27087
307000
SH
SOLE
243300
0
63700
DENBURY RES INC
COMMON
247916208
30322
8239600
SH
SOLE
6563100
0
1676500
DENTSPLY SIRONA INC
COM USD0.01
24906P109
10108
175089
SH
SOLE
122889
0
52200
EAGLE MATERIALS
COMMON
26969P108
19992
202900
SH
SOLE
162500
0
40400
EMERSON ELEC CO
COMMON
291011104
8507
152600
SH
SOLE
106200
0
46400
FLIR SYS INC
COMMON
302445101
20397
563600
SH
SOLE
444200
0
119400
GENERAL DYNAMICS
COMMON
369550108
8573
49655
SH
SOLE
33855
0
15800
GENTEX CORP
COMMON
371901109
25766
1308600
SH
SOLE
1057500
0
251100
GRANITE CONSTR INC
COMMON
387328107
22
400
SH
SOLE
400
0
0
HARLEY DAVIDSON INC
COMMON
412822108
9311
159600
SH
SOLE
135000
0
24600
HEARTLAND EXPRESS IN
COMMON
422347104
2199
108000
SH
SOLE
3300
0
104700
INFOSYS LIMITED
ADR
456788108
115395
7781180
SH
SOLE
6012980
0
1768200
INTEL CORP
COMMON
458140100
18829
519140
SH
SOLE
379440
0
139700
JACOBS ENGR GROUP
COMMON
469814107
32042
562139
SH
SOLE
467539
0
94600
JOHNSON & JOHNSON
COMMON
478160104
40289
349700
SH
SOLE
276000
0
73700
MARKEL CORP
COMMON
570535104
91414
101066
SH
SOLE
79993
0
21073
MATTEL INC
COMMON
577081102
29192
1059600
SH
SOLE
835800
0
223800
MDU RES GROUP INC
COMMON
552690109
31894
1108600
SH
SOLE
882100
0
226500
MEDTRONIC PLC
SHS
G5960L103
16980
238376
SH
SOLE
188734
0
49642
MERCK & CO INC
COMMON
58933Y105
11421
194000
SH
SOLE
152700
0
41300
MICROSOFT CORP
COMMON
594918104
13206
212521
SH
SOLE
169000
0
43521
NATL AUSTRALIA BK
SP ADR (1 ORD)
632525408
1203
109166
SH
SOLE
109166
0
0
OCEANEERING INTL INC
COMMON
675232102
23719
840800
SH
SOLE
665300
0
175500
PFIZER INC
COMMON
717081103
29
900
SH
SOLE
900
0
0
POSCO
ADR (0.25 ORD)
693483109
193934
3690466
SH
SOLE
2917666
0
772800
PRICE T ROWE GRP
COMMON
74144T108
7564
100500
SH
SOLE
80100
0
20400
PROCTER & GAMBLE CO
COMMON
742718109
40005
475800
SH
SOLE
364900
0
110900
QUALCOMM INC
COMMON
747525103
32861
504000
SH
SOLE
398200
0
105800
ROCKWELL COLLINS INC
COMMON
774341101
21400
230700
SH
SOLE
183500
0
47200
SAMSUNG ELECTRS LTD
GDR 144A (0.5 ORD)
796050888
333606
447202
SH
SOLE
341672
0
105530
STATE BK OF INDIA
GDR(2 INR10 REG S)
856552203
20002
544260
SH
SOLE
325360
0
218900
TEGNA INC
COMMON
87901J105
12695
593480
SH
SOLE
473780
0
119700
TELEDYNE TECH INC
COMMON
879360105
9250
75200
SH
SOLE
61500
0
13700
TIDEWATER INC
COMMON
886423102
8486
2488487
SH
SOLE
1980387
0
508100
TIFFANY & CO
COMMON
886547108
16686
215500
SH
SOLE
175200
0
40300
UNITED TECHNOLOGIES
COMMON
913017109
43410
396000
SH
SOLE
320900
0
75100
VALLEY NATL BANCORP
COMMON
919794107
18489
1588400
SH
SOLE
1215000
0
373400
VALMONT INDS INC
COMMON
920253101
17373
123300
SH
SOLE
103700
0
19600
WALGREENS BOOTS ALNC
COMMON
931427108
14475
174900
SH
SOLE
138200
0
36700
WALT DISNEY CO
COMMON
254687106
8598
82500
SH
SOLE
56800
0
25700
WASHINGTON FEDERAL
COMMON
938824109
28651
834095
SH
SOLE
662495
0
171600
WELLS FARGO & CO
COMMON
949746101
54772
993860
SH
SOLE
780860
0
213000
WESTAMERICA BANCORP
COMMON
957090103
15248
242300
SH
SOLE
194200
0
48100
WORLD FUEL SVCS CORP
COMMON
981475106
2415
52600
SH
SOLE
1400
0
51200