Fund Holdings

SPRUCEGROVE INVESTMENT MANAGEMENT LTD

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
NIKE INC(NKE)050,200+50,20002,651,5640.42%+2,651,564
MICROSOFT CORP(MSFT)04,160+4,16001,539,9070.25%+1,539,907
WATERS CORP(WAT)02,204+2,2040656,3510.11%+656,351
EAGLE MATERIALS(EXP)12,40016,837+4,4372,562,8323,189,7700.51%+626,938
TORO CO31,81030,810-1,0002,504,0832,878,8860.46%+374,803
EXXON MOBIL CORP39,05928,369-10,6904,700,3604,813,0850.77%+112,725
LITTELFUSE INC(LFUS)7007000177,044237,5450.04%+60,501
COGNEX CORP(CGNX)3,2003,2000115,136156,7680.03%+41,632
BOK FINL CORP(BOKF)1,4001,4000165,844179,2840.03%+13,440
LANDSTAR SYS INC(LSTR)8008000114,960128,2480.02%+13,288
SIMPSON MANUFACTURIN(SSD)500500080,73585,8100.01%+5,075
GRACO INC(GGG)900900073,77376,1850.01%+2,412
AXOS FINANCIAL(AX)1,4001,4000120,624119,1260.02%-1,498
WAFD INC(WAFD)4,2004,2000134,526131,8800.02%-2,646
ACUITY INC(AYI)4704700169,219131,7030.02%-37,516
FMC CORP(FMC)2,9000-2,90040,2230-40,223
ACCENTURE PLC
SHS CLASS A
12,59716,436+3,8393,379,7753,259,0940.52%-120,681
XPEL INC(XPEL)64,25664,800+5443,207,0172,868,0480.46%-338,969
JOHNSON & JOHNSON(JNJ)27,19020,800-6,3905,626,9705,084,3520.81%-542,618
SNAP-ON INC(SNA)17,18014,500-2,6805,920,2285,266,6900.84%-653,538
BROWN FORMAN CORP(BF-A)193,120165,200-27,9205,032,7074,367,8880.70%-664,819
CULLEN FROST BANKERS(CFR)41,03832,708-8,3305,196,6424,483,6130.72%-713,029
GENTEX CORP(GNTX)222,494188,734-33,7605,177,4354,123,8380.66%-1,053,597
DOLLAR GEN CORP(DG)40,61036,029-4,5815,391,7904,277,7230.68%-1,114,067
BECTON DICKINSON(BDX)18,47015,600-2,8703,584,4732,452,7880.39%-1,131,685
META PLATFORMS INC(META)6,3064,705-1,6014,162,5282,691,8720.43%-1,470,656
HENRY SCHEIN INC(HSIC)99,21780,127-19,0907,498,8215,905,3600.94%-1,593,461
ALPHABET INC(GOOG)20,34416,284-4,0606,367,6724,682,6270.75%-1,685,045
PRICE T ROWE GROUP(TROW)58,15846,870-11,2885,954,2164,224,8620.68%-1,729,354
AMERICAN EXPRESS CO(AXP)13,73210,953-2,7795,080,1533,313,0630.53%-1,767,090
WALT DISNEY CO(DIS)57,01148,541-8,4706,486,1414,678,3820.75%-1,807,759
QUALCOMM INC(QCOM)35,48931,329-4,1606,070,3934,034,5490.65%-2,035,844
DONALDSON INC(DCI)92,66472,604-20,0608,215,5906,161,9010.99%-2,053,689
GILEAD SCIENCES INC(GILD)59,87037,900-21,9707,348,4445,282,1230.85%-2,066,321
BERKSHIRE HATHAWAY12,8678,996-3,8716,467,5984,310,8830.69%-2,156,715
MARKEL GROUP INC(MKL)3,8183,088-7308,207,3645,910,6480.95%-2,296,716
WELLS FARGO & CO(WFC)80,84762,520-18,3277,534,9404,977,2170.80%-2,557,723
C H ROBINSON WLDWIDE(CHRW)52,88232,612-20,2708,501,3105,415,8750.87%-3,085,435
MSC INDL DIRECT INC(MSM)62,6361,400-61,2365,267,688129,1780.02%-5,138,510
STATE BK OF INDIA92,91029,590-63,32010,108,6083,130,6220.50%-6,977,986
SAMSUNG ELECTRONIC55,65632,382-23,274114,985,29691,835,35214.69%-23,149,944
COPA HOLDINGS(CPA)1,911,0951,699,010-212,085230,497,168193,024,52630.88%-37,472,642
RYANAIR HLDGS PLC(RYAAY)4,537,1223,843,067-694,055327,534,837222,129,27335.54%-105,405,564
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