We are live on ! Find out more
SIM

Sprucegrove Investment Management Portfolio holdings

AUM $625M
1-Year Est. Return 21.08%
This Fund
S&P 500
This Quarter Est. Return
-0.38%
1 Year Est. Return
+21.08%
3 Year Est. Return
+39.41%
5 Year Est. Return
+47.83%
10 Year Est. Return
+164.39%
AUM
$1.41B
AUM Growth
-$150M
Cap. Flow
-$46.8M
Cap. Flow %
-3.33%
Top 10 Hldgs %
70.2%
Holding
50
New
2
Increased
8
Reduced
34
Closed
4

Top Buys

Rank Stock Value
1
CPA icon
Copa Holdings
CPA
+$17.1M
2
MLM icon
Martin Marietta Materials
MLM
+$5.22M
3
BWA icon
BorgWarner
BWA
+$4.33M
4
SLB icon
SLB Ltd
SLB
+$3M
5
PKX icon
POSCO
PKX
+$2.95M

Top Sells

Rank Stock Value
1
QCOM icon
Qualcomm
QCOM
+$25.1M
2
TGNA
TEGNA Inc
TGNA
+$8.76M
3
VLY icon
Valley National Bancorp
VLY
+$6.71M
4
BBD icon
Banco Bradesco
BBD
+$5.8M
5
J icon
Jacobs Solutions
J
+$5.67M

Sector Composition

Rank Sector Weight
1 Financials 29.01%
2 Materials 13.67%
3 Technology 12.98%
4 Industrials 11.32%
5 Healthcare 5.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BBD icon
1
Banco Bradesco
BBD
$39.3B
$259M 18.45%
41,884,631
-999,049
-2% -$5.8M
PKX icon
2
POSCO
PKX
$16.1B
$165M 11.74%
3,002,566
+51,500
+2% +$2.95M
INFY icon
3
Infosys
INFY
$48.7B
$143M 10.18%
15,030,860
-114,900
-0.8% -$1.1M
CPA icon
4
Copa Holdings
CPA
$5.76B
$83.3M 5.93%
1,058,757
+218,300
+26% +$17.1M
MKL icon
5
Markel Group
MKL
$23.3B
$33.6M 2.39%
32,357
-3,000
-8% -$3.28M
BRK.B icon
6
Berkshire Hathaway Class B
BRK.B
$1.1T
$28.8M 2.05%
141,284
-11,570
-8% -$2.42M
WFC icon
7
Wells Fargo
WFC
$261B
$25.4M 1.81%
550,960
-11,600
-2% -$594K
RTX icon
8
RTX Corp
RTX
$290B
$25.4M 1.81%
378,818
-36,229
-9% -$2.84M
INTC icon
9
Intel
INTC
$455B
$24.1M 1.72%
513,940
-56,300
-10% -$2.64M
GOOGL icon
10
Alphabet (Google) Class A
GOOGL
$4.36T
$21.2M 1.51%
406,240
-42,000
-9% -$2.27M
WBA
11
DELISTED
Walgreens Boots Alliance
WBA
$21.2M 1.51%
310,100
-31,700
-9% -$2.46M
JNJ icon
12
Johnson & Johnson
JNJ
$618B
$20.5M 1.46%
159,200
-14,200
-8% -$1.98M
GNTX icon
13
Gentex
GNTX
$4.97B
$20.4M 1.45%
1,010,300
-117,200
-10% -$2.45M
TROW icon
14
T. Rowe Price
TROW
$23.9B
$20.4M 1.45%
220,500
-14,600
-6% -$1.42M
DIS icon
15
Walt Disney
DIS
$167B
$19.7M 1.4%
179,400
+12,000
+7% +$1.36M
CSL icon
16
Carlisle Companies
CSL
$14.3B
$18.9M 1.35%
188,100
-12,800
-6% -$1.32M
SLB icon
17
SLB Ltd
SLB
$73.6B
$16.6M 1.18%
461,100
+60,700
+15% +$3M
MLM icon
18
Martin Marietta Materials
MLM
$31.5B
$14.8M 1.05%
85,900
+29,400
+52% +$5.22M
PG icon
19
Procter & Gamble
PG
$336B
$14.7M 1.04%
159,600
-17,300
-10% -$1.55M
AXP icon
20
American Express
AXP
$227B
$13.6M 0.97%
142,400
-46,300
-25% -$4.84M
EXP icon
21
Eagle Materials
EXP
$6.29B
$12.4M 0.89%
204,000
+15,200
+8% +$1.09M
CFR icon
22
Cullen/Frost Bankers
CFR
$10.3B
$11.9M 0.85%
135,800
-12,800
-9% -$1.25M
OII icon
23
Oceaneering
OII
$4.86B
$11.8M 0.84%
976,000
-46,000
-5% -$865K
XRAY icon
24
Dentsply Sirona
XRAY
$2.68B
$11.5M 0.82%
308,189
+59,400
+24% +$2.16M
MDT icon
25
Medtronic
MDT
$109B
$11.3M 0.8%
123,822
-12,800
-9% -$1.2M
1
2

Similar funds

DCA
DSG Capital Advisors Edina, Minnesota $625M AUM 30.33% 1-Year Est. Return
SGA
Strategic Global Advisors Newport Beach, California $625M AUM 28.76% 1-Year Est. Return
AGWCA
Annis Gardner Whiting Capital Advisors Tampa, Florida $625M AUM 23.8% 1-Year Est. Return
KCG
Kinsale Capital Group Richmond, Virginia $624M AUM 15.35% 1-Year Est. Return
WVUF
West Virginia University Foundation Morgantown, West Virginia $623M AUM 16.48% 1-Year Est. Return
MWP
Madison Wealth Partners Madison, Wisconsin $627M AUM 17.95% 1-Year Est. Return
DAMU
Deltroit Asset Management (UK) London $623M AUM
KAS
Kemnay Advisory Services New York $622M AUM 14.52% 1-Year Est. Return

Sprucegrove Investment Management's Q4 2018 Portfolio in Review

As of Q4 2018, Sprucegrove Investment Management held 50 positions worth $1.41B, down 9.7% from $1.56B the previous quarter. Its ten largest holdings account for 70% of the portfolio.

Sprucegrove Investment Management withdrew a net $46.8M in Q4 2018, closing 4 positions and reducing 34 holdings. Its most notable exit was Qualcomm, an estimated $25.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 29% of assets, up from 24% a quarter earlier, followed by Materials and Technology.

Against the trend, Sprucegrove Investment Management opened a new position in BorgWarner worth $3.95M.

  • Sprucegrove Investment Management's largest Q4 2018 buy was BorgWarner: 129,277 shares worth $3.95M.
  • Sprucegrove Investment Management added most to Copa Holdings in Q4 2018, an estimated $17.1M increase.
  • Sprucegrove Investment Management's biggest Q4 2018 reduction was Banco Bradesco, cutting an estimated $5.8M.
  • Sprucegrove Investment Management fully exited Qualcomm in Q4 2018, selling an estimated $25.1M.
  • Sprucegrove Investment Management's ten largest holdings make up 70% of its $1.41B portfolio in Q4 2018.
  • Sprucegrove Investment Management opened 2 new positions and closed 4 in Q4 2018.
  • Sprucegrove Investment Management's portfolio value fell 9.7% quarter-over-quarter to $1.41B.

Based on Sprucegrove Investment Management's 13F filing for Q4 2018, filed 8 Feb 2019.