Sprucegrove Investment Management’s Granite Construction GVA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-400	Closed	-$201	–	57
2017 Q1	$201	Hold	400	–	–	﹤0.01%	58
2016 Q4	$22K	Sell	400 -121,604	-100%	-$6.46M	﹤0.01%	59
2016 Q3	$6.07M	Sell	122,004 -163,796	-57%	-$7.96M	0.25%	53
2016 Q2	$13M	Sell	285,800 -38,700	-12%	-$1.71M	0.54%	45
2016 Q1	$15.5M	Sell	324,500 -456,400	-58%	-$18.6M	0.62%	44
2015 Q4	$33.5M	Sell	780,900 -248,500	-24%	-$9.32M	0.95%	34
2015 Q3	$30.5M	Sell	1,029,400 -70,900	-6%	-$2.38M	0.76%	39
2015 Q2	$39.1M	Sell	1,100,300 -59,000	-5%	-$2.15M	0.83%	38
2015 Q1	$40.7M	Sell	1,159,300 -103,800	-8%	-$3.61M	0.82%	38
2014 Q4	$48M	Sell	1,263,100 -24,700	-2%	-$872K	0.89%	35
2014 Q3	$41M	Sell	1,287,800 -24,300	-2%	-$839K	0.73%	38
2014 Q2	$47.2M	Sell	1,312,100 -11,300	-0.9%	-$413K	0.8%	37
2014 Q1	$52.8M	Sell	1,323,400 -35,600	-3%	-$1.28M	0.92%	35
2013 Q4	$47.5M	Buy	1,359,000 +237,300	+21%	+$7.46M	0.82%	38
2013 Q3	$34.3M	Sell	1,121,700 -27,000	-2%	-$817K	0.62%	37
2013 Q2	$34.2M	Buy	+1,148,700	New	+$33.9M	0.62%	38