0000950123-19-010566.txt : 20191112 0000950123-19-010566.hdr.sgml : 20191112 20191112084756 ACCESSION NUMBER: 0000950123-19-010566 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191112 DATE AS OF CHANGE: 20191112 EFFECTIVENESS DATE: 20191112 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: 191206415 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 09-30-2019 09-30-2019 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 11-11-2019 0 40 1609557 false INFORMATION TABLE 2 form13fInfoTable.xml INFORMATION TABLE FOR FORM 13F 3M COMPANY COMMON 88579Y101 10673 64918 SH SOLE 41934 0 22984 ALPHABET INC CLASS A 02079K305 20530 16812 SH SOLE 10569 0 6243 AMERICAN EXPRESS CO COMMON 025816109 14466 122300 SH SOLE 77300 0 45000 APPLE INC COMMON 037833100 11221 50100 SH SOLE 32600 0 17500 BANCO BRADESCO S A ADR (1 PFD) 059460303 211256 25952787 SH SOLE 14189041 0 11763746 BECTON DICKINSON COMMON 075887109 13945 55126 SH SOLE 35912 0 19214 BERKSHIRE HATHAWAY CLASS B 084670702 31361 150760 SH SOLE 88228 0 62532 BORG WARNER INC COMMON 099724106 17710 482838 SH SOLE 303870 0 178968 BUCKLE INC COMMON 118440106 21524 1044836 SH SOLE 678903 0 365933 C H ROBINSON WLDWIDE COMMON 12541W209 14571 171874 SH SOLE 105826 0 66048 CARLISLE COS INC COMMON 142339100 25295 173800 SH SOLE 109900 0 63900 CARNIVAL CORP COMMON 143658300 15669 358482 SH SOLE 232710 0 125772 COPA HOLDINGS CLASS A P31076105 104977 1063057 SH SOLE 611200 0 451857 CULLEN FROST BANKERS COMMON 229899109 17713 200038 SH SOLE 123721 0 76317 DENTSPLY SIRONA INC COM 24906P109 14361 269389 SH SOLE 177189 0 92200 EAGLE MATERIALS COMMON 26969P108 24517 272382 SH SOLE 177060 0 95322 GENERAL DYNAMICS COMMON 369550108 10395 56887 SH SOLE 36913 0 19974 GENTEX CORP COMMON 371901109 25638 931100 SH SOLE 658800 0 272300 INFOSYS LIMITED ADR 456788108 157968 13893360 SH SOLE 7032000 0 6861360 INTEL CORP COMMON 458140100 32340 627598 SH SOLE 407092 0 220506 IPG PHOTONICS CORP COMMON 44980X109 8936 65900 SH SOLE 42800 0 23100 JOHNSON & JOHNSON COMMON 478160104 15041 116254 SH SOLE 75654 0 40600 MARKEL CORP COMMON 570535104 25656 21707 SH SOLE 14014 0 7693 MARTIN MARIETTA MATL COMMON 573284106 23545 85900 SH SOLE 56200 0 29700 MSC INDL DIRECT INC CLASS A 553530106 21760 300020 SH SOLE 193873 0 106147 OCEANEERING INTL INC COMMON 675232102 16503 1217900 SH SOLE 793300 0 424600 POSCO ADR (0.25 ORD) 693483109 141483 3000066 SH SOLE 1662600 0 1337466 RYANAIR HLDGS PLC ADR EACH REPR 5 ORD 783513203 51079 769500 SH SOLE 388900 0 380600 SAMSUNG ELECTRS LTD GDR 144A / REG S 796050888 249189 243072 SH SOLE 137156 0 105916 SCHLUMBERGER LTD COMMON 806857108 31025 907960 SH SOLE 589708 0 318252 STATE BK OF INDIA GDR(2 INR10 REG S) 856552203 27581 718268 SH SOLE 466878 0 251390 T ROWE PRICE GRP COMMON 74144T108 36366 318300 SH SOLE 206200 0 112100 TIFFANY & CO COMMON 886547108 11561 124812 SH SOLE 81488 0 43324 UNITED TECHNOLOGIES COMMON 913017109 33474 245198 SH SOLE 159198 0 86000 VALMONT INDS INC COMMON 920253101 4569 33000 SH SOLE 23598 0 9402 WALGREENS BOOTS ALNC COMMON 931427108 31686 572872 SH SOLE 372416 0 200456 WALT DISNEY CO COMMON 254687106 40462 310482 SH SOLE 201636 0 108846 WASHINGTON FEDERAL COMMON 938824109 7250 196000 SH SOLE 112936 0 83064 WELLS FARGO & CO COMMON 949746101 30751 609660 SH SOLE 394860 0 214800 WESTAMERICA BANCORP COMMON 957090103 5511 88632 SH SOLE 55926 0 32706