Latest SPRUCEGROVE INVESTMENT MANAGEMENT LTD Stock Portfolio
$625Million– No. of Holdings #42
SPRUCEGROVE INVESTMENT MANAGEMENT LTD Performance:
2026 Q1: -5.31%YTD: -5.31%2025: 45.89%
Performance for 2026 Q1 is -5.31%, and YTD is -5.31%, and 2025 is 45.89%.
About SPRUCEGROVE INVESTMENT MANAGEMENT LTD and 13F Hedge Fund Stock Holdings
On 2026-05-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, SPRUCEGROVE INVESTMENT MANAGEMENT LTD reported an equity portfolio of $625 Millions as of 31 Mar, 2026.
The top stock holdings of SPRUCEGROVE INVESTMENT MANAGEMENT LTD are RYAAY, CPA, . The fund has invested 35.5% of it's portfolio in RYANAIR HLDGS PLC and 30.9% of portfolio in COPA HOLDINGS.
The fund managers got completely rid off FMC CORP (FMC) stocks. They significantly reduced their stock positions in MSC INDL DIRECT INC (MSM), STATE BK OF INDIA and C H ROBINSON WLDWIDE (CHRW). SPRUCEGROVE INVESTMENT MANAGEMENT LTD opened new stock positions in NIKE INC (NKE), MICROSOFT CORP (MSFT) and WATERS CORP (WAT). The fund showed a lot of confidence in some stocks as they added substantially to EAGLE MATERIALS (EXP), ACCENTURE PLC (ACN) and XPEL INC (XPEL).
The top stock holdings of SPRUCEGROVE INVESTMENT MANAGEMENT LTD are RYAAY, CPA, . The fund has invested 35.5% of it's portfolio in RYANAIR HLDGS PLC and 30.9% of portfolio in COPA HOLDINGS.
The fund managers got completely rid off FMC CORP (FMC) stocks. They significantly reduced their stock positions in MSC INDL DIRECT INC (MSM), STATE BK OF INDIA and C H ROBINSON WLDWIDE (CHRW). SPRUCEGROVE INVESTMENT MANAGEMENT LTD opened new stock positions in NIKE INC (NKE), MICROSOFT CORP (MSFT) and WATERS CORP (WAT). The fund showed a lot of confidence in some stocks as they added substantially to EAGLE MATERIALS (EXP), ACCENTURE PLC (ACN) and XPEL INC (XPEL).
SPRUCEGROVE INVESTMENT MANAGEMENT LTD Equity Portfolio Value
Last Reported on: 13 May, 2026
SPRUCEGROVE INVESTMENT MANAGEMENT LTD Annual Return Estimates Vs S&P 500
Our best estimate is that SPRUCEGROVE INVESTMENT MANAGEMENT LTD made a return of -5.31% in the last quarter. In trailing 12 months, it's portfolio return was 74.49%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| nike inc | 2,651,560 |
| microsoft corp | 1,539,910 |
| waters corp | 656,351 |
New stocks bought by SPRUCEGROVE INVESTMENT MANAGEMENT LTD
Additions
| Ticker | % Inc. |
|---|---|
| eagle materials | 35.78 |
| accenture plc | 30.48 |
| xpel inc | 0.85 |
Additions to existing portfolio by SPRUCEGROVE INVESTMENT MANAGEMENT LTD
Reductions
| Ticker | % Reduced |
|---|---|
| msc indl direct inc | -97.76 |
| state bk of india | -68.15 |
| samsung electronic | -41.82 |
| c h robinson wldwide | -38.33 |
| gilead sciences inc | -36.7 |
| berkshire hathaway | -30.08 |
| exxon mobil corp | -27.37 |
| meta platforms inc | -25.39 |
SPRUCEGROVE INVESTMENT MANAGEMENT LTD reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| fmc corp | -40,223 |
SPRUCEGROVE INVESTMENT MANAGEMENT LTD got rid off the above stocks
Sector Distribution
SPRUCEGROVE INVESTMENT MANAGEMENT LTD has about 83% of it's holdings in Others sector.
- Others
- Financial Services
- Industrials
- Healthcare
- Communication Services
- Technology
- Consumer Cyclical
| Sector | % |
|---|---|
| Others | 83 |
| Financial Services | 3.7 |
| Industrials | 3.2 |
| Healthcare | 3.1 |
| Communication Services | 1.9 |
| Technology | 1.5 |
| Consumer Cyclical | 1.5 |
Market Cap. Distribution
SPRUCEGROVE INVESTMENT MANAGEMENT LTD has about 13% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
- LARGE-CAP
- MEGA-CAP
- MID-CAP
| Category | % |
|---|---|
| UNALLOCATED | 83 |
| LARGE-CAP | 8.7 |
| MEGA-CAP | 4.3 |
| MID-CAP | 3.5 |
Stocks belong to which Index?
About 12% of the stocks held by SPRUCEGROVE INVESTMENT MANAGEMENT LTD either belong to S&P 500 or RUSSELL 2000 index.
- Others
- S&P 500
| Index | % |
|---|---|
| Others | 87.5 |
| S&P 500 | 12 |
SPRUCEGROVE INVESTMENT MANAGEMENT LTD Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SPRUCEGROVE INVESTMENT MANAGEMENT LTD
SPRUCEGROVE INVESTMENT MANAGEMENT LTD has 42 stocks in it's portfolio. About 87.4% of the portfolio is in top 10 stocks. RYAAY proved to be the most loss making stock for the portfolio. was the most profitable stock for SPRUCEGROVE INVESTMENT MANAGEMENT LTD last quarter.
Last Reported on: 13 May, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACN | accenture plc | 0.52 | 16,436 | 3,259,090 | added | 30.48 | ||
| AX | axos financial | 0.02 | 1,400 | 119,126 | unchanged | 0.00 | ||
| AXP | american express co | 0.53 | 10,953 | 3,313,060 | reduced | -20.24 | ||
| AYI | acuity inc | 0.02 | 470 | 131,703 | unchanged | 0.00 | ||
| BDX | becton dickinson | 0.39 | 15,600 | 2,452,790 | reduced | -15.54 | ||
| BOKF | bok finl corp | 0.03 | 1,400 | 179,284 | unchanged | 0.00 | ||
| CFR | cullen frost bankers | 0.72 | 32,708 | 4,483,610 | reduced | -20.3 | ||
| CGNX | cognex corp | 0.03 | 3,200 | 156,768 | unchanged | 0.00 | ||
| CHRW | c h robinson wldwide | 0.87 | 32,612 | 5,415,880 | reduced | -38.33 | ||
| CPA | copa holdings | 30.88 | 1,699,010 | 193,025,000 | reduced | -11.1 | ||
| DCI | donaldson inc | 0.99 | 72,604 | 6,161,900 | reduced | -21.65 | ||
| DG | dollar gen corp | 0.68 | 36,029 | 4,277,720 | reduced | -11.28 | ||
| DIS | walt disney co | 0.75 | 48,541 | 4,678,380 | reduced | -14.86 | ||
| EXP | eagle materials | 0.51 | 16,837 | 3,189,770 | added | 35.78 | ||
| FMC | fmc corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GGG | graco inc | 0.01 | 900 | 76,185 | unchanged | 0.00 | ||
| GILD | gilead sciences inc | 0.84 | 37,900 | 5,282,120 | reduced | -36.7 | ||
| GNTX | gentex corp | 0.66 | 188,734 | 4,123,840 | reduced | -15.17 | ||
| GOOG | alphabet inc | 0.75 | 16,284 | 4,682,630 | reduced | -19.96 | ||
| HSIC | henry schein inc | 0.94 | 80,127 | 5,905,360 | reduced | -19.24 | ||