0000950123-20-002304.txt : 20200214 0000950123-20-002304.hdr.sgml : 20200214 20200214105947 ACCESSION NUMBER: 0000950123-20-002304 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200214 DATE AS OF CHANGE: 20200214 EFFECTIVENESS DATE: 20200214 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: 20615622 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 12-31-2019 12-31-2019 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 02-12-2020 0 37 1831392 false INFORMATION TABLE 2 form13fInfoTable.xml INFORMATION TABLE FOR FORM 13F 3M COMPANY COMMON 88579Y101 21497 121850 SH SOLE 78400 0 43450 ALPHABET INC CLASS A 02079K305 21580 16112 SH SOLE 9869 0 6243 AMERICAN EXPRESS CO COMMON 025816109 15225 122300 SH SOLE 77300 0 45000 APPLE INC COMMON 037833100 14389 49000 SH SOLE 31500 0 17500 BANCO BRADESCO S A ADR (1 PFD) 059460303 238870 26689387 SH SOLE 14980741 0 11708646 BECTON DICKINSON COMMON 075887109 18508 68050 SH SOLE 43600 0 24450 BERKSHIRE HATHAWAY CLASS B 084670702 37928 167454 SH SOLE 100740 0 66714 BORG WARNER INC COMMON 099724106 26327 606900 SH SOLE 397200 0 209700 BUCKLE INC COMMON 118440106 32021 1184200 SH SOLE 764800 0 419400 C H ROBINSON WLDWIDE COMMON 12541W209 28598 365700 SH SOLE 234800 0 130900 CARLISLE COS INC COMMON 142339100 26946 166500 SH SOLE 102600 0 63900 CARNIVAL CORP COMMON 143658300 29245 575342 SH SOLE 370942 0 204400 COMMERCIAL INTL BK GDR REP 1 ORD EGP10 201712205 2727 534610 SH SOLE 534610 0 0 COPA HOLDINGS CLASS A P31076105 111091 1027857 SH SOLE 628700 0 399157 CULLEN FROST BANKERS COMMON 229899109 25159 257300 SH SOLE 153100 0 104200 DENTSPLY SIRONA INC COM 24906P109 14498 256189 SH SOLE 163989 0 92200 EAGLE MATERIALS COMMON 26969P108 25865 285300 SH SOLE 184300 0 101000 GENERAL DYNAMICS COMMON 369550108 17927 101655 SH SOLE 65555 0 36100 GENTEX CORP COMMON 371901109 25589 883000 SH SOLE 610700 0 272300 INFOSYS LIMITED ADR 456788108 142473 13805560 SH SOLE 7057200 0 6748360 INTEL CORP COMMON 458140100 40653 679240 SH SOLE 438640 0 240600 IPG PHOTONICS CORP COMMON 44980X109 9550 65900 SH SOLE 42800 0 23100 JOHNSON & JOHNSON COMMON 478160104 17154 117600 SH SOLE 77000 0 40600 MARKEL CORP COMMON 570535104 23763 20787 SH SOLE 13094 0 7693 MARTIN MARIETTA MATL COMMON 573284106 21001 75100 SH SOLE 47200 0 27900 MSC INDL DIRECT INC CLASS A 553530106 31529 401800 SH SOLE 257100 0 144700 OCEANEERING INTL INC COMMON 675232102 17938 1203100 SH SOLE 778500 0 424600 POSCO ADR (0.25 ORD) 693483109 147707 2917966 SH SOLE 1600900 0 1317066 RYANAIR HLDGS PLC ADR EACH REPR 5 ORD 783513203 68423 781000 SH SOLE 400400 0 380600 SAMSUNG ELECTRS LTD GDR 144A / REG S 796050888 301571 250001 SH SOLE 144655 0 105346 SCHLUMBERGER LTD COMMON 806857108 40284 1002100 SH SOLE 647400 0 354700 STATE BK OF INDIA GDR(2 INR10 REG S) 856552203 37610 803640 SH SOLE 602390 0 201250 T ROWE PRICE GRP COMMON 74144T108 38782 318300 SH SOLE 206200 0 112100 UNITED TECHNOLOGIES COMMON 913017109 38983 260300 SH SOLE 167200 0 93100 WALGREENS BOOTS ALNC COMMON 931427108 36355 616600 SH SOLE 390100 0 226500 WALT DISNEY CO COMMON 254687106 51213 354100 SH SOLE 228800 0 125300 WELLS FARGO & CO COMMON 949746101 32412 602460 SH SOLE 387660 0 214800