Instuitional Investor - Sprucegrove Investment Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ryanair Holdings Plc	RYAAY	3,843,067	$222,129,273	35.54%
2.	Copa Holdings S.a.	CPA	1,699,010	$193,024,526	30.88%
3.	Samsung Electr-Gdr Reg S	SSNHY	32,382	$91,835,352	14.69%
4.	Donaldson Co Inc	DCI	72,604	$6,161,901	0.99%
5.	Markel Group Inc.	MKL	3,088	$5,910,648	0.95%