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
Quantity /
Face value
Currency
Cost Market Value % net assets
PMA CAPITAL CORP A 3,024.68 USD 18,086.12 16,377.62 0.01
PNM RESOURCES INC 9,506.13 USD 62,166.41 87,518.77 0.06
POLO RALPH LAUREN A 4,320.97 USD 168,568.81 259,194.80 0.17
PORTFOLIO RECOVERY ASSOCIATES 1,641.97 USD 42,187.02 90,446.86 0.06
POSCO/SADR 1,641.97 USD 160,654.95 127,870.84 0.09
PRECISION CASTPARTS 2,938.26 USD 231,567.95 249,331.58 0.17
PROGRESS ENERGY INC 12,098.72 USD 309,175.81 389,412.35 0.26
PROVIDENT FINANCIAL SERVICES 8,641.94 USD 68,665.11 84,143.17 0.06
RAIT INVESTMENT TRUST - SBI 3,456.78 USD 17,796.33 5,412.22 -
REGAL BELOIT CORP 1,728.39 USD 40,868.19 78,646.38 0.05
REGIONS FINANCIAL CORP 38,888.73 USD 240,174.09 216,594.67 0.14
RENAISSANCERE HLD LTD 2,246.90 USD 89,470.37 103,193.08 0.07
RESMED INC 691.36 USD 33,035.79 34,457.83 0.02
ROWAN COMPANIES INC 17,283.88 USD 171,561.17 314,021.76 0.21
ROYAL CARIBBEAN CRUISES LTD 13,827.11 USD 252,044.76 261,590.84 0.17
SAFETY INS GROUP INC 1,296.29 USD 28,575.75 39,746.02 0.03
SANDISK CORP 3,024.68 USD 114,224.51 107,490.44 0.07
SCHWEITZER-MAUDUIT INTL INC 864.19 USD 38,243.78 36,602.98 0.02
SEABRIGHT INSURANCE HOLDINGS 7,799.35 USD 74,747.50 61,438.26 0.04
SEACOR HOLDINGS INC 1,632.46 USD 89,643.06 95,687.36 0.06
SEAGATE TECHNOLOGY 15,555.49 USD 227,821.82 170,738.76 0.11
SFN GROUP 5,185.16 USD 17,697.88 24,524.14 0.02
SHINHAN FIN.GROUP/ADR 3,024.68 USD 205,828.89 180,918.39 0.12
SIRONA DENTAL SYSTEMS INC 1,296.29 USD 38,783.05 37,727.01 0.03
SKYWEST INC 5,371.83 USD 59,102.25 53,792.77 0.04
SL GREEN REALTY CORPORATION 1,296.29 USD 45,543.63 59,386.47 0.04
SPRINT NEXTEL CORP/FON SER.1 51,851.64 USD 257,110.46 183,931.06 0.12
STEINER LEISURE LTD 950.61 USD 19,151.92 30,247.85 0.02
STEVEN MADDEN LTD 1,166.66 USD 22,426.84 30,291.54 0.02
STUDENT LOAN CORP 691.36 USD 22,965.33 14,286.02 0.01
SUNTRUST BANKS INC 13,578.22 USD 356,723.46 261,975.55 0.17
SUPERIOR INDUSTRIES INTL 6,869.48 USD 86,716.85 77,024.65 0.05
SUSQUEHANNA BANCSHARES INC 4,320.97 USD 42,428.41 29,915.23 0.02
SVB FINANCIAL GROUP 1,296.29 USD 42,553.44 43,572.63 0.03
SWIFT ENERGY CORP 1,037.03 USD 29,621.99 23,433.24 0.02
SYNOVUS FINANCIAL CORP 17,283.88 USD 89,381.68 36,504.33 0.02
TAIWAN SEMICONDUCT.MANUF/SADR 10,601.07 USD 63,619.97 86,015.36 0.06
TARGET CORP 3,456.78 USD 95,112.58 140,830.58 0.09
TECH DATA CORP 4,407.39 USD 96,362.73 130,284.50 0.09
TECUMSEH PRODUCTS CO A 5,185.16 USD 87,025.88 48,075.77 0.03
TIDEWATER INC 1,296.29 USD 38,754.36 41,817.88 0.03
TIFFANY & CO 2,419.74 USD 71,783.13 76,560.42 0.05
TIME WARNER 12,702.79 USD 244,984.20 305,061.67 0.20
TRACTOR SUPPLY CO 1,037.03 USD 56,660.83 51,931.98 0.03
TRAVELERS COMPANIES INC 11,834.27 USD 384,161.12 477,694.32 0.33
TRINITY IND. INC 5,098.75 USD 59,849.67 75,589.32 0.05
TRW AUTOMOTIVE HOLDINGS CORP 1,209.87 USD 31,656.29 28,167.52 0.02
UMPQUA HOLDINGS CORP 7,031.08 USD 61,736.94 67,828.19 0.05
UNITED AMERICAN INDEMNITY LTD 7,263.55 USD 28,017.60 44,305.11 0.03
UNITED COMMUNITY BANKS INC 3,536.28 USD 25,687.15 11,563.64 0.01
UNITED MICROELECTR./SADR 83,354.11 USD 190,254.17 198,478.36 0.13
The accompanying notes form an integral part of these financial statements.
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