Q2 2025 · 13F-HR
SPRUCEGROVE INVESTMENT MANAGEMENT LTDholdings as filed
Filed 2025-08-06 · accession 0000950123-25-007072
$1.24B
Reported value
43
Positions
2025-06-30
Period end
The Brief · SPRUCEGROVE INVESTMENT MANAGEMENT LTD · Q2 2025
AI · grounded in 13F
SPRUCEGROVE INVESTMENT MANAGEMENT LTD established a new position in RYAAY valued at $346.7M. The fund also initiated new stakes in CPA for $278.6M and SSNHZ for $183.4M. Other new additions include CMGGF, MKL, and DIS.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 783513203 | RYAAY | RYANAIR HLDGS PLC | $346.7M | 28.0% | 6,011,207 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS | $278.6M | 22.5% | 2,533,736 | Common | SOLE |
| 796050888 | SSNHZ | SAMSUNG ELECTRONIC | $183.4M | 14.8% | 166,574 | Common | SOLE |
| 201712205 | CMGGF | COMMERCIAL INTL BK | $35.6M | 2.88% | 21,212,772 | Common | SOLE |
| 570535104 | MKL | MARKEL GROUP INC | $24.3M | 1.97% | 12,189 | Common | SOLE |
| 254687106 | DIS | WALT DISNEY CO | $22.1M | 1.78% | 178,070 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $21.8M | 1.76% | 297,890 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY | $21.7M | 1.75% | 44,618 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $21.5M | 1.74% | 29,098 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $20.6M | 1.66% | 185,570 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO & CO | $20.5M | 1.65% | 255,604 | Common | SOLE |
| 257651109 | DCI | DONALDSON INC | $19.1M | 1.55% | 275,761 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $17.1M | 1.38% | 107,460 | Common | SOLE |
| 74144T108 | TROW | PRICE T ROWE GROUP | $17.0M | 1.38% | 176,668 | Common | SOLE |
| 229899109 | CFR | CULLEN FROST BANKERS | $16.1M | 1.30% | 125,630 | Common | SOLE |
| 553530106 | MSM | MSC INDL DIRECT INC | $16.1M | 1.30% | 189,610 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $14.7M | 1.19% | 100,630 | Common | SOLE |
| 833034101 | SNA | SNAP-ON INC | $14.7M | 1.18% | 47,080 | Common | SOLE |
| 12541W209 | CHRW | C H ROBINSON WLDWIDE | $14.6M | 1.18% | 152,582 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $14.4M | 1.16% | 44,990 | Common | SOLE |
| 371901109 | GNTX | GENTEX CORP | $13.0M | 1.05% | 591,560 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $12.5M | 1.01% | 82,090 | Common | SOLE |
| 115637209 | BF/B | BROWN FORMAN CORP | $12.3M | 0.99% | 456,220 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $11.2M | 0.90% | 63,474 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $11.1M | 0.89% | 102,690 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON | $9.1M | 0.74% | 53,070 | Common | SOLE |
| 856552203 | SBKFF | STATE BK OF INDIA | $9.1M | 0.73% | 95,450 | Common | NONE |
| 256677105 | DG | DOLLAR GEN CORP | $4.4M | 0.36% | 38,731 | Common | SOLE |
| 891092108 | TTC | TORO CO | $4.4M | 0.36% | 62,600 | Common | SOLE |
| 98379L100 | XPEL | XPEL INC | $4.3M | 0.35% | 119,100 | Common | SOLE |
| 099724106 | BWA | BORG WARNER INC | $2.8M | 0.23% | 83,430 | Common | SOLE |
| 09062X103 | BIIB | BIOGEN INC | $1.7M | 0.14% | 13,310 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $158,711 | 0.01% | 700 | Common | SOLE |
| 05561Q201 | BOKF | BOK FINL CORP | $126,919 | 0.01% | 1,300 | Common | SOLE |
| 26969P108 | EXP | EAGLE MATERIALS | $121,266 | 0.01% | 600 | Common | SOLE |
| 00508Y102 | AYI | ACUITY INC | $119,336 | 0.01% | 400 | Common | SOLE |
| 192422103 | CGNX | COGNEX CORP | $117,364 | 0.01% | 3,700 | Common | SOLE |
| 938824109 | WAFD | WAFD INC | $102,480 | 0.01% | 3,500 | Common | SOLE |
| 05465C100 | AX | AXOS FINANCIAL | $98,852 | 0.01% | 1,300 | Common | SOLE |
| 515098101 | LSTR | LANDSTAR SYS INC | $97,314 | 0.01% | 700 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $66,800 | 0.01% | 1,600 | Common | SOLE |
| 829073105 | SSD | SIMPSON MANUFACTURIN | $62,124 | 0.01% | 400 | Common | SOLE |
| 384109104 | GGG | GRACO INC | $60,179 | 0.00% | 700 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.