0000950123-17-009807.txt : 20171108 0000950123-17-009807.hdr.sgml : 20171108 20171108100636 ACCESSION NUMBER: 0000950123-17-009807 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170930 FILED AS OF DATE: 20171108 DATE AS OF CHANGE: 20171108 EFFECTIVENESS DATE: 20171108 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: 171185396 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 09-30-2017 09-30-2017 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 11-07-2017 0 56 1781428 false INFORMATION TABLE 2 form13fInfoTable.xml INFORMATION TABLE FOR FORM 13F 3M COMPANY COMMON 88579Y101 12017 57250 SH SOLE 39800 0 17450 ALPHABET INC CLASS A 02079K305 30254 31071 SH SOLE 21968 0 9103 AMERICAN EXPRESS CO COMMON 025816109 24687 272900 SH SOLE 196400 0 76500 APACHE CORP COMMON 037411105 16213 354000 SH SOLE 240800 0 113200 BANCO BRADESCO S A ADR (1 PFD) 059460303 253219 22874310 SH SOLE 17457845 0 5416465 BECTON DICKINSON COMMON 075887109 12237 62450 SH SOLE 39700 0 22750 BEMIS INC COMMON 081437105 4128 90580 SH SOLE 47480 0 43100 BERKSHIRE HATHAWAY CLASS B 084670702 35515 193734 SH SOLE 122070 0 71664 BUCKLE INC COMMON 118440106 7441 441600 SH SOLE 305500 0 136100 CARLISLE COS INC COMMON 142339100 20790 207300 SH SOLE 143400 0 63900 CARNIVAL CORP COMMON 143658300 15422 238842 SH SOLE 167542 0 71300 CARS.COM INC COMMON STOCK 14575E105 5458 205093 SH SOLE 142293 0 62800 COCA-COLA CO COMMON 191216100 6932 154000 SH SOLE 101200 0 52800 COPA HOLDINGS CLASS A P31076105 80902 649657 SH SOLE 496857 0 152800 CULLEN FROST BANKERS COMMON 229899109 17446 183800 SH SOLE 129400 0 54400 DENBURY RES INC COMMON 247916208 7230 5395300 SH SOLE 3718800 0 1676500 DENTSPLY SIRONA INC COM USD0.01 24906P109 7171 119889 SH SOLE 69789 0 50100 EAGLE MATERIALS COMMON 26969P108 13903 130300 SH SOLE 90200 0 40100 EMERSON ELEC CO COMMON 291011104 6378 101500 SH SOLE 57000 0 44500 FLIR SYS INC COMMON 302445101 13996 359700 SH SOLE 245200 0 114500 GENERAL DYNAMICS COMMON 369550108 6014 29255 SH SOLE 16955 0 12300 GENTEX CORP COMMON 371901109 23905 1207300 SH SOLE 869500 0 337800 HARLEY DAVIDSON INC COMMON 412822108 4840 100400 SH SOLE 76600 0 23800 HEARTLAND EXPRESS IN COMMON 422347104 2621 104500 SH SOLE 3300 0 101200 INFOSYS LIMITED ADR 456788108 122999 8430380 SH SOLE 6406380 0 2024000 INTEL CORP COMMON 458140100 18230 478740 SH SOLE 331040 0 147700 JACOBS ENGR GROUP COMMON 469814107 21003 360439 SH SOLE 268939 0 91500 JOHNSON & JOHNSON COMMON 478160104 28849 221900 SH SOLE 151200 0 70700 MARKEL CORP COMMON 570535104 63873 59807 SH SOLE 40434 0 19373 MATTEL INC COMMON 577081102 15605 1008100 SH SOLE 696100 0 312000 MDU RES GROUP INC COMMON 552690109 16504 636000 SH SOLE 434400 0 201600 MEDTRONIC PLC SHS G5960L103 12235 157322 SH SOLE 109280 0 48042 MERCK & CO INC COMMON 58933Y105 7556 118000 SH SOLE 78400 0 39600 MICROSOFT CORP COMMON 594918104 7957 106821 SH SOLE 74100 0 32721 MSC INDL DIRECT INC CLASS A 553530106 8532 112900 SH SOLE 78000 0 34900 OCEANEERING INTL INC COMMON 675232102 19135 728400 SH SOLE 522200 0 206200 POSCO ADR (0.25 ORD) 693483109 235118 3387866 SH SOLE 2594966 0 792900 PROCTER & GAMBLE CO COMMON 742718109 21671 238200 SH SOLE 165300 0 72900 QUALCOMM INC COMMON 747525103 17066 329200 SH SOLE 227800 0 101400 ROCKWELL COLLINS INC COMMON 774341101 19659 150400 SH SOLE 104800 0 45600 SAMSUNG ELECTRS LTD GDR 144A (0.5 ORD) 796050888 302776 270503 SH SOLE 205363 0 65140 SCHLUMBERGER LTD COMMON 806857108 18186 260700 SH SOLE 180300 0 80400 STATE BK OF INDIA GDR(2 INR10 REG S) 856552203 16942 441200 SH SOLE 193190 0 248010 T ROWE PRICE GRP COMMON 74144T108 20668 228000 SH SOLE 157900 0 70100 TEGNA INC COMMON 87901J105 8202 615280 SH SOLE 426880 0 188400 TELEDYNE TECH INC COMMON 879360105 7975 50100 SH SOLE 37000 0 13100 TIFFANY & CO COMMON 886547108 12243 133400 SH SOLE 94700 0 38700 UNITED TECHNOLOGIES COMMON 913017109 30750 264900 SH SOLE 189800 0 75100 VALLEY NATL BANCORP COMMON 919794107 12683 1052500 SH SOLE 694500 0 358000 VALMONT INDS INC COMMON 920253101 11684 73900 SH SOLE 55000 0 18900 WALGREENS BOOTS ALNC COMMON 931427108 7753 100400 SH SOLE 64000 0 36400 WALT DISNEY CO COMMON 254687106 5145 52200 SH SOLE 27500 0 24700 WASHINGTON FEDERAL COMMON 938824109 17195 510995 SH SOLE 346395 0 164600 WELLS FARGO & CO COMMON 949746101 33678 610660 SH SOLE 406460 0 204200 WESTAMERICA BANCORP COMMON 957090103 9068 152300 SH SOLE 106200 0 46100 WORLD FUEL SVCS CORP COMMON 981475106 1770 52200 SH SOLE 1400 0 50800