Sprucegrove Investment Management LTD reported 39 positions worth $511.49M for the quarter ended Jun 30, 2026, down 3.5% on the prior quarter. It opened 0 new positions, added to 0, trimmed 31 and exited 1. Its largest holding is Copa Holdings, S.A. at 44.2% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
No positions were added to this quarter.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| CPA Copa Holdings, S.A. | -247.4K | -14.6% | $38.49M | 44.15% |
| RYAAY Ryanair Holdings Plc | -423.4K | -11.0% | $27.41M | 43.29% |
| CHRW C. H. Robinson Worldwide, Inc. | -21.7K | -66.5% | $4.09M | 0.402% |
| HSIC Henry Schein Inc | -39.7K | -49.5% | $3.32M | 0.66% |
| TROW Price T Rowe Group Inc | -28.2K | -60.1% | $3.20M | 0.416% |
| QCOM Qualcomm Inc | -16.4K | -52.3% | $3.03M | 0.539% |
| GOOGL Alphabet Inc. | -8,414 | -51.7% | $3.01M | 0.55% |
| WFC Wells Fargo & Company | -36.0K | -57.7% | $2.98M | 0.428% |
| JNJ Johnson & Johnson | -11.6K | -55.8% | $2.95M | 0.457% |
| DCI DONALDSON Co INC | -32.6K | -44.9% | $2.93M | 0.702% |
No new positions this quarter.
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| WAT Waters Corp | -2,204 | $656.35K | 0.124% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | CPA Copa Holdings, S.A. | Industrials | 1.45M | $225.82M | 44.15% | -247.4K | -14.6% | Reduced | 3.52% |
| 2 | RYAAY Ryanair Holdings Plc | Industrials | 3.42M | $221.43M | 43.29% | -423.4K | -11.0% | Reduced | 0.66% |
| 3 | DCI DONALDSON Co INC | Industrials | 40.0K | $3.59M | 0.702% | -32.6K | -44.9% | Reduced | 0.03% |
| 4 | HSIC Henry Schein Inc | Healthcare | 40.4K | $3.38M | 0.66% | -39.7K | -49.5% | Reduced | 0.04% |
| 5 | MKL Markel Group Inc. | Financial Services | 1,604 | $3.13M | 0.612% | -1,484 | -48.1% | Reduced | 0.01% |
| 6 | SNA Snap-on Inc | Industrials | 7,400 | $2.98M | 0.582% | -7,100 | -49.0% | Reduced | 0.01% |
| 7 | GOOGL Alphabet Inc. | Technology | 7,870 | $2.81M | 0.55% | -8,414 | -51.7% | Reduced | 0% |
| 8 | EXP Eagle Materials Inc | Basic Materials | 12.3K | $2.77M | 0.542% | -4,527 | -26.9% | Reduced | 0.04% |
| 9 | QCOM Qualcomm Inc | Technology | 14.9K | $2.76M | 0.539% | -16.4K | -52.3% | Reduced | 0% |
| 10 | DG Dollar General Corp | Consumer Staples | 23.5K | $2.70M | 0.529% | -12.5K | -34.8% | Reduced | 0.01% |
| 11 | CFR Cullen/Frost Bankers, Inc. | Financial Services | 16.3K | $2.52M | 0.493% | -16.4K | -50.1% | Reduced | 0.03% |
| 12 | BRK-B Berkshire Hathaway Inc | Financial Services | 5,035 | $2.52M | 0.493% | -3,961 | -44.0% | Reduced | 0% |
| 13 | GNTX Gentex Corp | Consumer Discretionary | 99.3K | $2.51M | 0.491% | -89.4K | -47.4% | Reduced | 0.05% |
| 14 | DIS Walt Disney Co | Communication Services | 25.5K | $2.46M | 0.481% | -23.0K | -47.4% | Reduced | 0% |
| 15 | GILD Gilead Sciences, Inc. | Healthcare | 18.9K | $2.39M | 0.467% | -19.0K | -50.1% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Sprucegrove Investment Management.
As of its Q2 2026 13F filing, Sprucegrove Investment Management LTD’s five largest positions were Copa Holdings, S.A. (CPA) at 44.2%, Ryanair Holdings Plc (RYAAY) at 43.3%, DONALDSON Co INC (DCI) at 0.7%, Henry Schein Inc (HSIC) at 0.7%, Markel Group Inc. (MKL) at 0.6% of the reported portfolio.
Sprucegrove Investment Management LTD reported a 13F portfolio worth $511.49M across 39 positions for Q2 2026. That is down 3.5% from the previous quarter.
Its largest sales by value were Copa Holdings, S.A. ($38.49M), Ryanair Holdings Plc ($27.41M), C. H. Robinson Worldwide, Inc. ($4.09M). It exited 1 positions entirely.
From the Form 13F-HR reports Sprucegrove Investment Management LTD files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.