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

Sparinvest SICAV
SPARINVEST - SECURUS
Statement of Investments (continued) as at June 30, 2010
(expressed in EUR)
Description
Quantity /
Face value
Currency
TOKYO STYLE CO LTD 496.26 JPY 3,018.86 3,256.25 0.01
TOKYO TATEMONO CO LTD 4,962.59 JPY 12,933.47 12,650.53 0.02
TOPPAN PRINTING CO LTD 7,443.88 JPY 48,468.69 48,569.81 0.07
TOPY INDUSTRIES LTD 3,721.94 JPY 4,110.55 6,302.43 0.01
TORII PHARMACEUTICAL CO LTD 260.54 JPY 3,274.00 3,339.95 0.01
TOYO SECURITIES CO LTD 1,736.91 JPY 3,047.08 2,365.69 -
TOYO SEIKAN KAISHA LTD 3,721.94 JPY 43,673.94 44,836.31 0.07
TOYODA GOSEI CO LTD 744.39 JPY 15,291.31 15,214.89 0.03
TOYOTA INDUSTRIES CORP 1,985.04 JPY 50,333.75 41,486.43 0.06
TOYOTA MOTOR CORP 1,302.68 JPY 41,751.95 36,924.02 0.06
TS TECH CO LTD 434.23 JPY 4,925.91 5,602.54 0.01
TSUTSUMI JEWELRY CO LTD 334.97 JPY 4,514.15 5,844.82 0.01
TV ASAHI CORP 3.72 JPY 4,507.43 4,411.70 0.01
U N Y CO LTD 3,721.94 JPY 24,974.59 23,291.59 0.04
UCHIDA YOKO CO LTD 620.32 JPY 1,781.30 1,598.44 -
UNIDEN CORP 1,116.58 JPY 4,426.05 2,774.44 -
YACHINO BANK LTD 124.06 JPY 2,762.26 2,056.28 -
YAMADA DENKI CO LTD 372.19 JPY 20,644.17 19,969.11 0.03
YAMAGUCHI FINANCIAL GROUP INC 4,838.52 JPY 37,719.54 37,982.41 0.06
YAMANASHI CHUO BANK 1,860.97 JPY 6,255.06 6,233.92 0.01
YODOGAWA STEEL WORKS LTD 3,101.62 JPY 10,180.55 10,446.96 0.02
YOKOHAMA REITO CO LTD 868.45 JPY 4,608.15 5,027.10 0.01
YOROZU CORP 285.35 JPY 3,585.45 3,408.56 0.01
YURTEC CORP 868.45 JPY 3,291.10 3,021.06 0.01
ZEON CORP 1,116.58 JPY 5,595.35 5,374.19 0.01
2,795,148.96
2,863,952.74 4.90
MYR
GENTING MALAYSIA BHD 25,309.20 MYR 19,409.61 17,395.35 0.03
MISC BHD/LOCAL 9,031.91 MYR 18,403.63 19,555.55 0.03
SIME DARBY BHD 7,443.88 MYR 16,834.89 14,992.76 0.03
TENAGA NASIONAL 7,443.88 MYR 9,549.30 15,761.13 0.03
64,197.43
67,704.79 0.12
NOK
ATEA ASA 744.39 NOK 3,804.49 3,576.01 0.01
DOCKWISE LTD 868.45 NOK 15,405.64 17,146.74 0.03
HURTIGRUTEN AS 4,342.27 NOK 2,405.05 1,960.41 -
NORSKE SKOGINDUSTRIER AS 8,312.34 NOK 19,581.37 7,840.07 0.01
NORTHERN OFFSHORE LTD 2,481.29 NOK 3,849.74 3,822.52 0.01
NORWEGIAN AIR SHUTTLE ASA 310.16 NOK 4,404.32 4,154.07 0.01
PETROLEUM GEO-SERVICES ASA 992.52 NOK 8,900.13 6,877.42 0.01
SCHIBSTED 372.19 NOK 6,174.99 5,850.80 0.01
SEADRILL LTD 2,729.42 NOK 46,495.23 40,983.67 0.06
SPAREBANK 1 SMN/PRIM.CAP CERT 1,905.63 NOK 8,691.30 10,185.07 0.02
STOLT-NIELSEN SA 1,705.89 NOK 16,161.85 16,357.86 0.03
TGS NOPEC GEOPHYSICAL CO 930.49 NOK 6,149.86 8,887.36 0.02
142,023.97
The accompanying notes form an integral part of these financial statements.
Cost Market Value % net assets
127,642.00 0.22
Page
141