Sprucegrove Investment Management’s Procter & Gamble PG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-113,500	Closed	-$12.4M	–	44
2019 Q2	$12.4M	Sell	113,500 -10,600	-9%	-$1.13M	0.79%	28
2019 Q1	$12.9M	Sell	124,100 -35,500	-22%	-$3.46M	0.86%	26
2018 Q4	$14.7M	Sell	159,600 -17,300	-10%	-$1.55M	1.04%	22
2018 Q3	$14.7M	Buy	176,900 +1,100	+0.6%	+$90K	0.95%	25
2018 Q2	$13.7M	Sell	175,800 -20,200	-10%	-$1.52M	0.93%	25
2018 Q1	$15.5M	Sell	196,000 -12,700	-6%	-$1.06M	0.95%	23
2017 Q4	$19.2M	Sell	208,700 -29,500	-12%	-$2.65M	1.1%	21
2017 Q3	$21.7M	Sell	238,200 -5,600	-2%	-$510K	1.22%	14
2017 Q2	$21.2M	Sell	243,800 -141,200	-37%	-$12.4M	1.27%	14
2017 Q1	$346K	Sell	385,000 -90,800	-19%	-$8.05M	1.78%	11
2016 Q4	$40M	Sell	475,800 -177,200	-27%	-$15.1M	1.96%	11
2016 Q3	$58.6M	Sell	653,000 -107,400	-14%	-$9.33M	2.45%	9
2016 Q2	$64.4M	Sell	760,400 -67,900	-8%	-$5.57M	2.65%	10
2016 Q1	$68.2M	Sell	828,300 -739,990	-47%	-$59.6M	2.75%	8
2015 Q4	$125M	Sell	1,568,290 -377,700	-19%	-$28.9M	3.54%	7
2015 Q3	$140M	Sell	1,945,990 -103,600	-5%	-$7.77M	3.48%	7
2015 Q2	$160M	Sell	2,049,590 -139,488	-6%	-$11.2M	3.43%	8
2015 Q1	$179M	Sell	2,189,078 -139,680	-6%	-$12M	3.59%	7
2014 Q4	$212M	Sell	2,328,758 -26,535	-1%	-$2.33M	3.92%	6
2014 Q3	$197M	Buy	2,355,293 +132,520	+6%	+$10.9M	3.52%	8
2014 Q2	$175M	Buy	2,222,773 +5,900	+0.3%	+$476K	2.96%	11
2014 Q1	$179M	Sell	2,216,873 -74,900	-3%	-$5.9M	3.12%	11
2013 Q4	$187M	Sell	2,291,773 -61,085	-3%	-$4.98M	3.2%	10
2013 Q3	$178M	Sell	2,352,858 -259,500	-10%	-$20.7M	3.23%	10
2013 Q2	$201M	Buy	+2,612,358	New	+$205M	3.65%	7