Sparinvest SICAV Annual Report 2009 R.C.S. Luxembourg B 83.976

Recommendations

Info

Sparinvest SICAV SPARINVEST - SECURUS Statement of Investments (continued) as at December 31, 2009 (expressed in EUR) Description 132 Quantity / Face value Currency Cost Market Value % net assets ABERTIS INFRAESTRUCTURAS SA 1,018.53 EUR 15,458.69 16,011.23 0.03 ACANTHE DEVELOPPEMENT SA 1,164.03 EUR 2,791.09 1,606.36 - AFFINE 87.30 EUR 2,888.89 1,418.66 - AGFA-GEVAERT NV MORTSEL 5,383.64 EUR 17,989.20 24,387.88 0.05 AI AIRPORTS INTL LTD 3,783.10 EUR 18,238.88 7,566.19 0.01 AIR FRANCE - KLM 5,092.63 EUR 57,121.87 56,018.93 0.10 ALLIANZ SE/NAM.VINKULIERT 232.81 EUR 19,776.60 20,289.04 0.04 ALSTRIA OFFICE REIT AG 2,473.56 EUR 12,226.32 18,551.72 0.03 AMPLIFON SPA/AFTER SPLIT 1,309.53 EUR 3,920.25 3,974.43 0.01 ANDRITZ AG GRAZ 116.40 EUR 2,570.50 4,716.65 0.01 ANHEUSER-BUSH INBEV SA 727.52 EUR 17,667.02 26,478.04 0.05 ARCELORMITTAL SA REG SHS 461.83 EUR 23,837.17 14,861.65 0.03 ASIAN BAMBOO AG 291.01 EUR 5,585.57 6,693.17 0.01 ASSICURAZIONI/MILANO 2,910.07 EUR 6,965.66 5,965.65 0.01 ATRIA GROUP PLC A 582.01 EUR 7,073.82 6,437.08 0.01 ATRIUM EURO RE 3,928.60 EUR 18,709.50 18,464.42 0.03 AXA 5,984.13 EUR 94,581.17 98,977.54 0.19 BABIS VOVOS SA 271.51 EUR 5,691.26 1,191.93 - BANCO ESPIRITO SANTO SA/REG 7,275.19 EUR 33,338.67 33,247.60 0.06 BANCO POPOLARE SOC. COOP 6,547.67 EUR 60,081.92 34,506.21 0.06 BANKINTER SA 1,746.04 EUR 14,823.96 12,484.22 0.02 BCA POP.DELL ETRURIA DEL LAZIO 1,891.55 EUR 13,640.73 7,466.89 0.01 BENETTON GROUP SPA PONZANO 873.02 EUR 5,498.87 5,447.66 0.01 BENI STABILI SPA 28,867.94 EUR 13,606.39 16,599.06 0.03 BGP HOLDINGS 33,698.66 EUR - - - BIC 1,236.78 EUR 48,887.23 59,736.55 0.11 BINCKBANK NV 1,382.29 EUR 8,774.28 17,333.86 0.03 BMW-BAYER.MOTORENWERKE 582.01 EUR 20,607.89 18,508.07 0.03 BRIT INSURANCE 2,182.56 EUR 4,836.83 4,842.92 0.01 BRUNEL INTERNATIONAL 291.01 EUR 4,646.42 6,824.12 0.01 BUONGIORNO SPA/AZ 2,910.07 EUR 4,099.03 3,375.69 0.01 BUZZI UNICEM/AZ RISP/NON-CV 2,473.56 EUR 17,589.77 17,896.23 0.03 CA IMMOB.ANLAGEN AG 2,095.25 EUR 11,921.51 16,552.50 0.03 CAMFIN 4,335.87 EUR 6,281.67 1,328.94 - CAMPARI AZ/POST FRAZIONAMENTO 654.77 EUR 3,759.98 4,776.52 0.01 CARL ZEISS MEDITEC AG 436.51 EUR 4,289.04 5,438.93 0.01 CAT OIL AG 582.01 EUR 3,841.75 4,085.74 0.01 C.I.R.CIE INDUSTRIALI RIUNITE 11,945.42 EUR 25,110.42 21,680.94 0.04 CITYCON OYJ 6,175.47 EUR 11,142.70 18,155.88 0.03 CNP ASSURANCES 202.83 EUR 16,767.93 13,743.91 0.03 CNP SA 1,746.04 EUR 79,674.49 64,952.86 0.12 COFIDE CIA FIN.DE BENEDETTI 7,569.69 EUR 8,222.58 4,995.99 0.01 CONSTR. AUXIL. FERROCAR. 39.29 EUR 11,799.95 14,775.47 0.03 CONWERT IMMOBILIEN INV SE 1,455.04 EUR 6,828.31 12,426.02 0.02 CORIO NV 1,704.72 EUR 81,799.30 81,298.17 0.15 CORP FIN ALBA/SPLIT ISSUE 683.87 EUR 25,024.31 24,995.36 0.05 CREDIT AGRICOLE SA PARIS 8,002.70 EUR 93,211.69 98,913.43 0.18 CRITERIA CAIXACORP SA 24,008.11 EUR 82,911.96 79,106.74 0.15 DCC 291.01 EUR 5,296.73 5,660.09 0.01 DE LONGHI SPA 1,087.79 EUR 4,928.88 3,440.12 0.01 DEA CAPITAL SPA 3,783.10 EUR 6,370.88 4,774.27 0.01 The accompanying notes form an integral part of these financial statements.
Sparinvest SICAV SPARINVEST - SECURUS Statement of Investments (continued) as at December 31, 2009 (expressed in EUR) Description Quantity / Face value Currency Cost Market Value % net assets DELACHAUX SA 49.47 EUR 2,423.93 2,027.83 - DEMAG CRANES AG 218.26 EUR 5,176.10 5,089.72 0.01 DEUTSCHE BETEILIGUNGS AG 988.26 EUR 21,679.38 16,889.39 0.03 DEUTSCHE LUFTHANSA/NAM 1,600.54 EUR 21,206.25 18,806.36 0.03 DIC ASSET AG 1,115.43 EUR 6,666.16 9,090.77 0.02 DINAMIA CAPITAL PRIVADO SCR SA 492.53 EUR 9,098.50 4,974.55 0.01 ECO BUSINESS-IMMOBILIEN AG 392.86 EUR 2,826.06 1,701.08 - EDP RENOVAVEIS SA 5,092.63 EUR 37,401.58 33,764.14 0.06 ELRINGKLINGER AG/NAM 800.27 EUR 11,729.61 12,964.38 0.02 ERG SPA MILANO 1,309.53 EUR 12,332.05 12,676.28 0.02 ERGYCAPITAL SPA 63.44 EUR - 30.42 - ESSILOR INTERNATIONAL 1,600.54 EUR 62,507.19 66,822.58 0.12 ESSO S.A. FRANCAISE 167.33 EUR 15,033.84 14,490.72 0.03 EUTELSAT COMMUNICATIONS PARIS 2,328.06 EUR 42,854.90 52,288.22 0.10 GBL 1,164.03 EUR 99,666.73 76,884.17 0.14 GECINA/ACT NOM 1,042.83 EUR 106,163.94 79,400.71 0.15 GEMALTO 397.23 EUR 7,777.92 12,115.37 0.02 GERRY WEBER INTL AG 218.26 EUR 3,614.10 4,926.03 0.01 GIMV SA 145.50 EUR 5,583.12 5,315.25 0.01 GRAFTON GROUP PLC/UNITS 1,455.04 EUR 4,685.34 4,277.81 0.01 GRUPPO COIN SPA 687.65 EUR 2,299.55 3,149.44 0.01 HEIDELBERGER DRUCKMASCHINEN AG 1,455.04 EUR 9,610.39 7,988.15 0.01 HELLENIC PETROLEUM SA 2,182.56 EUR 17,904.90 17,045.76 0.03 HI-MEDIA. PARIS 727.52 EUR 3,385.51 3,586.67 0.01 HOCHTIEF AG 218.26 EUR 11,542.80 11,687.59 0.02 H&R WASAG AG 291.01 EUR 3,572.86 4,359.29 0.01 IGD IMMOB.GRANDE DISTR. SPA 13,095.34 EUR 16,298.82 20,415.63 0.04 IMMOEAST AG 2,182.56 EUR 4,054.44 8,402.84 0.02 IMMSI SPA TORINO 9,932.38 EUR 8,423.54 8,343.20 0.02 IMS INTL METAL SERVICE 349.21 EUR 2,941.72 3,359.39 0.01 INTESA SANPAOLO SPA 31,658.85 EUR 83,647.50 99,725.36 0.19 INTESA SANPAOLO/RISP-NON CONV 23,937.11 EUR 88,743.16 56,132.52 0.10 INTRACOM HOLDINGS SA/NAM 2,182.56 EUR 3,717.68 2,662.72 - ITALMOBILIARE SPA 483.65 EUR 24,259.22 14,969.10 0.03 ITALMOBILIARE SPA/RISP./N-CV 465.61 EUR 11,830.46 10,345.90 0.02 KIZOO AG/NAMENAKTIE 368.71 EUR 4,222.08 2,341.29 - KME GROUP SPA AFTER SPLIT 13,627.15 EUR 14,008.48 6,309.37 0.01 KOENIG + BAUER AG 538.36 EUR 9,931.98 6,137.35 0.01 KONINKLIJKE DSM NV 2,213.69 EUR 60,493.87 76,283.88 0.14 KON.VOPAK NV 1,164.03 EUR 54,737.52 64,603.65 0.12 LAMDA DEVELOPMENT STOCK 1,140.02 EUR 9,215.36 8,641.36 0.02 MAISONS FRANCE CONFORT 116.40 EUR 3,027.61 2,956.64 0.01 MAYR-MELNHOF KARTON 174.60 EUR 10,775.96 12,571.52 0.02 MEDIOBANCA BCA CREDITO FINANZ 916.67 EUR 8,519.12 7,622.14 0.01 MEDIOLANUM SPA 2,910.07 EUR 9,860.05 12,695.20 0.02 MONTE DEI PASCHI DI SIENA 10,185.26 EUR 13,118.33 12,507.50 0.02 MOTA ENGIL SGPS SA 1,164.03 EUR 4,191.73 4,583.95 0.01 MTU AERO ENGINES HLDS/NAMEN 436.51 EUR 10,121.76 16,670.36 0.03 MUENCHENER RUECKVERS/NAMENSAKT 436.51 EUR 46,921.76 47,435.67 0.09 MYTILINEOS HOLDINGS/REG 2,037.05 EUR 10,835.20 10,226.00 0.02 NEXITY/A 873.02 EUR 9,633.16 22,227.15 0.04 The accompanying notes form an integral part of these financial statements. 133
Page 1 and 2:
Sparinvest SICAV Annual Report 2009
Page 3 and 4:
Sparinvest SICAV Table of contents
Page 5 and 6:
Sparinvest SICAV Management and Adm
Page 7 and 8:
Sparinvest SICAV Report of the Inve
Page 9 and 10:
Sparinvest SICAV Report of the Inve
Page 11 and 12:
Sparinvest SICAV Consolidated State
Page 13 and 14:
Sparinvest SICAV SPARINVEST - EQUIT
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Sparinvest SICAV SPARINVEST - ETHIC
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Sparinvest SICAV SPARINVEST - EUROP
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Sparinvest SICAV SPARINVEST - GLOBA
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Sparinvest SICAV SPARINVEST - HIGH
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82: Sparinvest SICAV SPARINVEST - HIGH
Page 83 and 84: Sparinvest SICAV SPARINVEST - INVES
Page 89 and 90: Sparinvest SICAV SPARINVEST - LONG
Page 97 and 98: Sparinvest SICAV SPARINVEST - PROCE
Page 127 and 128: Sparinvest SICAV SPARINVEST - SECUR
Page 131: Sparinvest SICAV SPARINVEST - SECUR
Page 159 and 160: Sparinvest SICAV Notes to the Finan
Page 165: sparinvest.eu
show all

Sparinvest SICAV Annual Report 2009 R.C.S. Luxembourg B 83.976

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?