Sparinvest SICAV Semi Annual Report 2010 R.C.S. Luxembourg B ...

Sparinvest SICAV
SPARINVEST - PROCEDO
Statement of Investments as at June 30, 2010
(expressed in EUR)
Description
Transferable securities admitted to an official stock exchange listing
Shares
Quantity /
Face value
Currency
Cost Market Value % net assets
AUD
AMCOR LTD 30,246.79 AUD 138,601.22 133,263.06 0.09
ANZ BANKING GROUP 7,518.49 AUD 121,322.68 112,200.57 0.07
BHP BILLITON LTD 8,814.78 AUD 205,082.50 229,185.00 0.15
CWTHBK OF AUSTRALIA 8,641.94 AUD 310,125.18 290,278.33 0.19
FAIRFAX MEDIA LTD 103,703.29 AUD 122,595.31 94,173.35 0.06
GOODMAN GROUP 216,048.52 AUD 86,347.03 94,740.31 0.06
MACQUARIE GROUP LTD 2,938.26 AUD 131,044.63 75,319.59 0.05
MAP GROUP 103,703.29 AUD 205,671.82 192,643.59 0.13
MIRVAC GROUP 126,664.93 AUD 80,940.82 115,024.91 0.08
NATIONAL AUSTRALIA BANK LTD 5,530.84 AUD 129,435.25 88,916.83 0.06
ONESTEEL LTD 69,135.53 AUD 168,380.34 142,274.58 0.09
OZ MINERALS LTD 172,838.81 AUD 128,024.42 114,583.55 0.08
SUNCORP METWAY LTD 11,303.66 AUD 108,064.01 62,760.27 0.04
WESFARMERS LTD 16,048.95 AUD 315,525.53 317,527.22 0.22
WESTPAC BANKING CORP 19,876.46 AUD 303,762.43 291,406.26 0.20
2,554,923.17 2,354,297.42 1.57
CHF
AUSTRIAMICROSYSTEMS AG 3,888.87 CHF 88,066.71 109,059.45 0.07
BALOISE HOLDING/NAMEM 4,320.97 CHF 276,983.32 245,937.53 0.16
BANK SARASIN & CO LTD B 950.61 CHF 28,633.20 30,958.81 0.02
CHARLES VOEGELE HOLDING AG 2,160.49 CHF 70,682.83 72,071.10 0.05
CIE FINANCIERE RICHEMONT SA 14,691.30 CHF 345,220.46 418,536.81 0.28
CIE SUISSE DE REASSURANCE/NOM 16,214.87 CHF 635,454.46 547,753.38 0.36
CLARIANT/NAMEN AKT 8,641.94 CHF 81,534.87 90,231.38 0.06
DUFRY AG BASEL 1,296.29 CHF 61,680.47 79,400.36 0.05
EMS CHEMIE HOLDING AG 691.36 CHF 73,268.68 73,435.97 0.05
FISCHER GEORG AG/NAM 302.47 CHF 78,237.92 80,377.59 0.05
FORBO HOLDING AG /NAM 216.05 CHF 58,584.61 74,962.09 0.05
GIVAUDAN SA/REG. 259.26 CHF 173,434.19 180,983.96 0.12
HELVETIA HOLDING SA /NOM 561.73 CHF 130,644.99 120,688.55 0.08
HOLCIM LTD/NAM. 5,185.16 CHF 265,989.87 286,329.91 0.19
KUDELSKI SA 5,617.26 CHF 43,823.95 124,288.03 0.08
LINDT & SPRUENGLI/PARTIZ 103.70 CHF 176,467.00 182,078.47 0.12
MICRONAS SEMICONDUCTOR/REG 8,641.94 CHF 31,010.20 32,574.51 0.02
MOBIMO HOLDING AG 432.10 CHF 48,006.61 60,881.76 0.04
NESTLE SA 5,185.16 CHF 183,572.60 204,242.16 0.14
NOVARTIS AG BASEL/NAM 6,049.36 CHF 242,032.17 240,334.71 0.16
ORASCOM DEVELOPMENT HOLDING AG 518.52 CHF 28,670.11 23,649.09 0.02
PARGESA HOLDING SA 1,728.39 CHF 96,723.18 92,707.05 0.06
RIETER HOLDING AG/NAM 432.10 CHF 80,560.10 90,557.13 0.06
SCHMOLZ + BICKENBACH/NAM 864.19 CHF 14,428.10 18,990.94 0.01
SIKA SA. BAAR 216.05 CHF 277,453.50 308,969.20 0.21
SULZER AG/NAMENSAKTIEN 1,123.45 CHF 77,144.38 87,319.22 0.06
SWISS LIFE HOLDING/NAM 9,506.13 CHF 818,425.72 748,171.27 0.51
The accompanying notes form an integral part of these financial statements.
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