Sprucegrove Investment Management Ltd

All holdings · as of Jun 30, 2026

Company	Class	Value	Shares	% of portfolio
Copa Holdings, S.A.	—	$225.82M	1,451,592	35.3%
Ryanair Holdings PLC	—	$221.43M	3,419,717	34.6%
SAMSUNG ELECTRONIC	—	$127.61M	23,676	20.0%
DONALDSON Co INC	—	$3.59M	40,004	0.6%
Henry Schein Inc	—	$3.38M	40,427	0.5%
Markel Group Inc	—	$3.13M	1,604	0.5%
Snap-on Inc	—	$2.98M	7,400	0.5%
Alphabet Inc.	—	$2.81M	7,870	0.4%
EAGLE MATERIALS INC	—	$2.77M	12,310	0.4%
QUALCOMM INC/DE	—	$2.76M	14,929	0.4%
DOLLAR GENERAL CORP	—	$2.70M	23,495	0.4%
CULLEN/FROST BANKERS, INC.	—	$2.52M	16,308	0.4%
Warren E. Buffett	—	$2.52M	5,035	0.4%
GENTEX CORP	—	$2.51M	99,334	0.4%
Walt Disney Co	—	$2.46M	25,541	0.4%
GILEAD SCIENCES, INC.	—	$2.39M	18,900	0.4%
BROWN FORMAN CORP	—	$2.37M	89,100	0.4%
JOHNSON & JOHNSON	—	$2.34M	9,200	0.4%
XPEL Inc	—	$2.30M	46,300	0.4%
WELLS FARGO & COMPANY/MN	—	$2.19M	26,477	0.3%
T Rowe Price Group Inc	—	$2.13M	18,714	0.3%
EXXON MOBIL CORP	—	$2.09M	15,269	0.3%
CH Robinson Worldwide Inc	—	$2.06M	10,912	0.3%
TORO CO	—	$2.03M	20,810	0.3%
AMERICAN EXPRESS CO	—	$1.84M	5,442	0.3%
MICROSOFT CORP	—	$1.43M	3,840	0.2%
Accenture plc	—	$1.39M	11,183	0.2%
NIKE, Inc.	—	$1.39M	33,900	0.2%
Meta Platforms Inc	—	$1.32M	2,351	0.2%
Becton Dickinson & Co	—	$1.21M	8,000	0.2%
LITTELFUSE INC /DE	—	$259.5K	570	0.0%
COGNEX CORP	—	$202.8K	2,800	0.0%
BOK FINANCIAL CORPBOKF	Common Stock	$194.4K	1,400	0.0%
Acuity Inc	—	$177.0K	470	0.0%
MSC Industrial Direct Co., Inc.	—	$166.5K	1,400	0.0%
LANDSTAR SYSTEM INC	—	$165.4K	800	0.0%
WAFD INC	—	$161.2K	4,200	0.0%
Axos Financial Inc	—	$136.3K	1,400	0.0%
Simpson Manufacturing Co., Inc.	—	$104.7K	500	0.0%
GRACO INC	—	$68.0K	900	0.0%