0000950123-17-004495.txt : 20170511 0000950123-17-004495.hdr.sgml : 20170511 20170511143029 ACCESSION NUMBER: 0000950123-17-004495 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170331 FILED AS OF DATE: 20170511 DATE AS OF CHANGE: 20170511 EFFECTIVENESS DATE: 20170511 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: 17833752 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 03-31-2017 03-31-2017 SPRUCEGROVE INVESTMENT MANAGEMENT LTD

181 UNIVERSITY AVE STE 1300 TORONTO A6 M5H 3M7

13F HOLDINGS REPORT 028-11833 N KEN CHOI 416-363-5854 x240 KEN CHOI TORONTO A6 05-10-2017 0 59 1940666 false INFORMATION TABLE 2 form13fInfoTable.xml INFORMATION TABLE FOR FORM 13F 3M COMPANY COMMON 88579Y101 158708 82950 SH SOLE 61000 0 21950 ALPHABET INC C CLASS C 02079K107 33332 4018 SH SOLE 4018 0 0 ALPHABET INC A CLASS A 02079K305 343283 40491 SH SOLE 29788 0 10703 AMERICAN EXPRESS CO COMMON 025816109 289938 366500 SH SOLE 287400 0 79100 APACHE CORP COMMON 037411105 230433 448400 SH SOLE 335200 0 113200 AUSTRAL&NEW ZEAL BKG BKG SP ADR (1 ORD) 052528304 26946 111050 SH SOLE 111050 0 0 BANCO BRADESCO S A ADR (1 PFD) 059460303 2147370 20970408 SH SOLE 16287712 0 4682696 BECTON DICKINSON COMMON 075887109 154365 84150 SH SOLE 60600 0 23550 BEMIS INC COMMON 081437105 58525 119780 SH SOLE 75180 0 44600 BERKSHIRE HATHAWAY CLASS B 084670702 422807 253664 SH SOLE 179540 0 74124 BUCKLE INC COMMON 118440106 78548 422300 SH SOLE 326500 0 95800 CARLISLE COS INC COMMON 142339100 199200 187200 SH SOLE 137600 0 49600 CARNIVAL CORP COMMON 143658300 198964 337742 SH SOLE 241642 0 96100 COCA-COLA CO COMMON 191216100 84965 200200 SH SOLE 145600 0 54600 COPA HOLDINGS CLASS A P31076105 941954 839157 SH SOLE 645957 0 193200 CULLEN FROST BANKERS COMMON 229899109 221891 249400 SH SOLE 186200 0 63200 DENBURY RES INC COMMON 247916208 173851 6738400 SH SOLE 5061900 0 1676500 DENTSPLY SIRONA INC COM USD0.01 24906P109 95839 153489 SH SOLE 101689 0 51800 EAGLE MATERIALS COMMON 26969P108 161932 166700 SH SOLE 126600 0 40100 EMERSON ELEC CO COMMON 291011104 76142 127200 SH SOLE 81200 0 46000 FLIR SYS INC COMMON 302445101 168521 464500 SH SOLE 346100 0 118400 GENERAL DYNAMICS COMMON 369550108 71052 37955 SH SOLE 25255 0 12700 GENTEX CORP COMMON 371901109 238320 1117300 SH SOLE 866200 0 251100 GRANITE CONSTR INC COMMON 387328107 201 400 SH SOLE 400 0 0 HARLEY DAVIDSON INC COMMON 412822108 77985 128900 SH SOLE 104300 0 24600 HEARTLAND EXPRESS IN COMMON 422347104 21654 108000 SH SOLE 3300 0 104700 INFOSYS LIMITED ADR 456788108 1417288 8970180 SH SOLE 6853380 0 2116800 INTEL CORP COMMON 458140100 167271 463740 SH SOLE 342340 0 121400 JACOBS ENGR GROUP COMMON 469814107 254144 459739 SH SOLE 365139 0 94600 JOHNSON & JOHNSON COMMON 478160104 363561 291900 SH SOLE 218800 0 73100 MARKEL CORP COMMON 570535104 794145 81379 SH SOLE 60506 0 20873 MATTEL INC COMMON 577081102 248699 971100 SH SOLE 740100 0 231000 MDU RES GROUP INC COMMON 552690109 230127 840800 SH SOLE 632300 0 208500 MEDTRONIC PLC SHS G5960L103 163957 203522 SH SOLE 153880 0 49642 MERCK & CO INC COMMON 58933Y105 99567 156700 SH SOLE 115700 0 41000 MICROSOFT CORP COMMON 594918104 112964 171521 SH SOLE 128400 0 43121 NATL AUSTRALIA BK SP ADR (1 ORD) 632525408 13471 105366 SH SOLE 105366 0 0 OCEANEERING INTL INC COMMON 675232102 203019 749700 SH SOLE 574200 0 175500 PFIZER INC COMMON 717081103 308 900 SH SOLE 900 0 0 POSCO ADR (0.25 ORD) 693483109 2344811 3635366 SH SOLE 2819666 0 815700 PROCTER & GAMBLE CO COMMON 742718109 345923 385000 SH SOLE 275000 0 110000 QUALCOMM INC COMMON 747525103 241401 421000 SH SOLE 316100 0 104900 ROCKWELL COLLINS INC COMMON 774341101 190434 196000 SH SOLE 148800 0 47200 SAMSUNG ELECTRS LTD GDR 144A (0.5 ORD) 796050888 3093961 335920 SH SOLE 256640 0 79280 SCHLUMBERGER LTD COMMON 806857108 156 200 SH SOLE 200 0 0 STATE BK OF INDIA GDR(2 INR10 REG S) 856552203 252344 565160 SH SOLE 317150 0 248010 T ROWE PRICE GRP COMMON 74144T108 130030 190800 SH SOLE 144200 0 46600 TEGNA INC COMMON 87901J105 129555 505680 SH SOLE 385980 0 119700 TELEDYNE TECH INC COMMON 879360105 80176 63400 SH SOLE 49800 0 13600 TIFFANY & CO COMMON 886547108 166870 175100 SH SOLE 135100 0 40000 UNITED TECHNOLOGIES COMMON 913017109 379158 337900 SH SOLE 262800 0 75100 VALLEY NATL BANCORP COMMON 919794107 158958 1347100 SH SOLE 976800 0 370300 VALMONT INDS INC COMMON 920253101 152546 98100 SH SOLE 78500 0 19600 WALGREENS BOOTS ALNC COMMON 931427108 116353 140100 SH SOLE 103700 0 36400 WALT DISNEY CO COMMON 254687106 77672 68500 SH SOLE 43000 0 25500 WASHINGTON FEDERAL COMMON 938824109 222894 673395 SH SOLE 503195 0 170200 WELLS FARGO & CO COMMON 949746101 448876 806460 SH SOLE 595260 0 211200 WESTAMERICA BANCORP COMMON 957090103 110376 197700 SH SOLE 150000 0 47700 WORLD FUEL SVCS CORP COMMON 981475106 18923 52200 SH SOLE 1400 0 50800