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

Sparinvest SICAV
SPARINVEST - PROCEDO
Statement of Investments (continued) as at June 30, 2010
(expressed in EUR)
Description
THE SWATCH GROUP AG 1,814.81 CHF 289,691.08 418,921.19 0.28
THE SWATCH GROUP AG/NAM 8,641.94 CHF 300,241.18 359,948.30 0.24
VERWALTUNGS-UND PRIVAT-BANK AG 345.68 CHF 28,026.57 33,121.76 0.02
ZEHNDER GROUP AG 17.28 CHF 19,539.27 20,847.69 0.01
Page
102
Quantity /
Face value
Currency
5,124,232.30
5,458,329.37 3.63
DKK
DANSKE BANK AS 5,185.16 DKK 86,785.83 82,642.22 0.06
FLSMIDTH & CO A/S -B- 864.19 DKK 49,191.37 46,171.50 0.03
GN GREAT NORDIC LTD 12,962.91 DKK 37,404.93 74,148.25 0.05
TK DEVELOPMENT 6,913.55 DKK 23,670.82 21,536.64 0.01
197,052.95
Cost Market Value % net assets
224,498.61 0.15
EUR
AALBERTS INDUSTRIES NV 5,617.26 EUR 59,713.29 60,020.44 0.04
AAREAL BANK AG 13,408.84 EUR 205,472.83 184,907.84 0.12
ACANTHE DEVELOPPEMENT SA 6,913.55 EUR 16,577.20 10,093.79 0.01
AFFINE 518.52 EUR 17,158.09 8,871.82 0.01
AGFA-GEVAERT NV MORTSEL 21,604.85 EUR 115,261.35 102,623.05 0.07
AIR FRANCE - KLM 30,246.79 EUR 339,265.40 297,598.19 0.20
ALLIANZ SE/NAM.VINKULIERT 7,777.75 EUR 650,384.73 636,064.12 0.41
ALSTRIA OFFICE REIT AG 14,691.30 EUR 72,616.10 115,752.75 0.08
ANDRITZ AG GRAZ 691.36 EUR 15,267.03 31,888.76 0.02
ANHEUSER-BUSH INBEV SA 13,827.11 EUR 441,275.06 547,553.36 0.36
ARCELORMITTAL SA REG SHS 6,199.73 EUR 238,920.11 140,237.85 0.09
ASIAN BAMBOO AG 1,728.39 EUR 33,174.54 56,112.12 0.04
ASSICURAZIONI/MILANO 17,283.88 EUR 41,371.35 24,180.15 0.02
ATRIA GROUP PLC A 6,049.36 EUR 73,773.08 67,147.88 0.04
ATRIUM EURO RE 23,333.24 EUR 111,121.82 82,156.34 0.05
AUTOSTRADA TORINO-MILANO SPA 8,641.94 EUR 87,876.54 87,370.02 0.06
AXA 26,899.77 EUR 425,159.68 340,551.07 0.23
BANCO ESPIRITO SANTO SA/REG 77,777.47 EUR 349,562.51 253,243.43 0.17
BANCO POPOLARE SOC. COOP 38,888.73 EUR 356,846.10 177,429.85 0.12
BCA POP.DELL ETRURIA DEL LAZIO 11,234.52 EUR 81,016.73 36,680.72 0.02
BENETTON GROUP SPA PONZANO 5,185.16 EUR 32,659.60 28,518.40 0.02
BENI STABILI SPA 171,456.10 EUR 80,812.78 107,160.06 0.07
BERTRANDT AG 2,592.58 EUR 69,454.40 76,286.73 0.05
BGP HOLDINGS 200,147.35 EUR -
- -
BILFINGER BERGER AG 777.77 EUR 40,940.11 35,622.08 0.02
BNP PARIBAS 3,456.78 EUR 191,493.53 155,053.70 0.10
BRUNEL INTERNATIONAL 1,728.39 EUR 27,596.63 40,928.23 0.03
BULGARI SPA 12,098.72 EUR 74,938.51 71,503.42 0.05
BUONGIORNO SPA/AZ 17,283.88 EUR 24,345.45 15,555.49 0.01
BUZZI UNICEM/AZ RISP/NON-CV 14,691.30 EUR 104,471.37 72,721.93 0.05
CAJA MEDIT/PFD 4,320.97 EUR 24,692.19 27,697.42 0.02
CAMFIN 25,752.12 EUR 37,308.87 6,901.57 -
CAMPARI AZ/POST FRAZIONAMENTO 19,876.46 EUR 66,421.51 79,853.69 0.05
CAT OIL AG 3,456.78 EUR 22,817.40 24,449.78 0.02
C.I.R.CIE INDUSTRIALI RIUNITE 70,947.74 EUR 149,138.97 98,404.52 0.07
CITYCON OYJ 36,678.12 EUR 66,180.15 88,027.50 0.06
The accompanying notes form an integral part of these financial statements.