Sprucegrove Investment Management Ltd Buys Ambev SA, Copa Holdings SA, Ryanair Holdings PLC, Sells General Dynamics Corp, Intel Corp, Berkshire Hathaway Inc

• New Purchases: RTX,
• Added Positions: ABEV, CPA, RYAAY, BBD, WFC, CMGGF, CFR, XOM, DCI,
• Reduced Positions: INTC, BRK.B, DIS, SBKFF, TROW, CSL, WBA, CHRW, MSM, INFY, BWA, JNJ, SLB, GNTX, MKL, GOOGL, BKE, BDX, AAPL, XRAY, MMM, EXP, MLM, IPGP, AXP, CCL, CHKP,
• Sold Out: GD, OII,

For the details of SPRUCEGROVE INVESTMENT MANAGEMENT LTD's stock buys and sells, go to https://www.gurufocus.com/guru/sprucegrove+investment+management+ltd/current-portfolio/portfolio

1. Samsung Electronics Co Ltd (SSNHZ) - 244,851 shares, 18.45% of the total portfolio. Shares reduced by 3.94%
2. Bank Bradesco SA (BBD) - 35,761,979 shares, 9.35% of the total portfolio. Shares added by 8.73%
3. Ryanair Holdings PLC (RYAAY) - 1,880,474 shares, 8.56% of the total portfolio. Shares added by 22.72%
4. Copa Holdings SA (CPA) - 2,324,764 shares, 8.07% of the total portfolio. Shares added by 33.78%
5. Ambev SA (ABEV) - 42,531,700 shares, 7.71% of the total portfolio. Shares added by 153.65%

Sprucegrove Investment Management Ltd initiated holding in Raytheon Technologies Corp. The purchase prices were between $49.93 and $74.16, with an estimated average price of $62.35. The stock is now traded at around $63.64. The impact to a portfolio due to this purchase was 0.81%. The holding were 191,000 shares as of .

Sprucegrove Investment Management Ltd added to a holding in Ambev SA by 153.65%. The purchase prices were between $1.94 and $3, with an estimated average price of $2.36. The stock is now traded at around $2.45. The impact to a portfolio due to this purchase was 4.67%. The holding were 42,531,700 shares as of .

Sprucegrove Investment Management Ltd added to a holding in Copa Holdings SA by 33.78%. The purchase prices were between $35.16 and $61.39, with an estimated average price of $46.03. The stock is now traded at around $50.11. The impact to a portfolio due to this purchase was 2.04%. The holding were 2,324,764 shares as of .

Sprucegrove Investment Management Ltd added to a holding in Ryanair Holdings PLC by 22.72%. The purchase prices were between $49.75 and $80.98, with an estimated average price of $63.07. The stock is now traded at around $77.57. The impact to a portfolio due to this purchase was 1.58%. The holding were 1,880,474 shares as of .

Sprucegrove Investment Management Ltd added to a holding in Commercial International Bank (Egypt) SAE by 43.07%. The purchase prices were between $3.95 and $3.95, with an estimated average price of $3.95. The stock is now traded at around $3.83. The impact to a portfolio due to this purchase was 0.11%. The holding were 1,385,710 shares as of .

Sprucegrove Investment Management Ltd sold out a holding in General Dynamics Corp. The sale prices were between $121.73 and $167.78, with an estimated average price of $141.03.

Sprucegrove Investment Management Ltd sold out a holding in Oceaneering International Inc. The sale prices were between $2.74 and $8.84, with an estimated average price of $5.22.