SPRUCEGROVE INVESTMENT MANAGEMENT LTD

Q4 2025 13F-HR Holdings

Location
Toronto, A6
Holdings as of
12/31/2025
Date filed
2/3/2026
Form type
13F-HR
Num holdings
40
Total value ($000)
$829,765
Net value change ($000)
-416,092 (-33.4%)
New positions
1
Sold out positions
2
Turnover %
6.3%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
RYAAY 9,964 3.1%
ACN 3,380 NEW
EXP 2,400 1472.4%
SBKFF 881 9.5%
LSTR 17 17.3%
BOKF 10 6.4%
WAFD 8 6.3%
AYI 7 4.3%
AX 2 1.7%
Top Reduces (Value $000, Stocks/ETFs)
SSNHZ -112,494 -49.5%
CPA -43,013 -15.7%
CMGGF -38,523 -100.0%
META -14,556 -77.8%
BRK-B -13,441 -67.5%
DCI -12,964 -61.2%
MKL -12,604 -60.6%
GNTX -12,362 -70.5%
WFC -11,828 -61.1%
CHRW -11,582 -57.7%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type