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
Cost Market Value % net assets
PMA CAPITAL CORP A 434.23 USD 2,596.46 2,351.19 -
PNM RESOURCES INC 1,364.71 USD 8,924.68 12,564.30 0.02
POLO RALPH LAUREN A 620.32 USD 24,199.94 37,210.31 0.06
PORTFOLIO RECOVERY ASSOCIATES 235.72 USD 6,056.42 12,984.66 0.02
POSCO/SADR 235.72 USD 23,063.81 18,357.29 0.03
PRECISION CASTPARTS 421.82 USD 33,244.17 35,794.34 0.06
PROGRESS ENERGY INC 1,736.91 USD 44,385.64 55,904.50 0.09
PROVIDENT FINANCIAL SERVICES 1,240.65 USD 9,857.64 12,079.69 0.02
RAIT INVESTMENT TRUST - SBI 496.26 USD 2,554.86
776.99 -
REGAL BELOIT CORP 248.13 USD 5,867.09 11,290.57 0.02
REGIONS FINANCIAL CORP 5,582.91 USD 34,479.68 31,094.59 0.05
RENAISSANCERE HLD LTD 322.57 USD 12,844.47 14,814.52 0.03
RESMED INC 99.25 USD 4,742.66 4,946.81 0.01
ROWAN COMPANIES INC 2,481.29 USD 24,629.52 45,081.33 0.08
ROYAL CARIBBEAN CRUISES LTD 1,985.04 USD 36,183.84 37,554.29 0.06
SAFETY INS GROUP INC 186.10 USD 4,102.37 5,705.99 0.01
SANDISK CORP 434.23 USD 16,398.20 15,431.45 0.03
SCHWEITZER-MAUDUIT INTL INC 124.06 USD 5,490.32 5,254.77 0.01
SEABRIGHT INSURANCE HOLDINGS 1,119.68 USD 10,730.84 8,820.15 0.02
SEACOR HOLDINGS INC 234.36 USD 12,869.26 13,736.99 0.02
SEAGATE TECHNOLOGY 2,233.16 USD 32,706.37 24,511.46 0.04
SFN GROUP 744.39 USD 2,540.73 3,520.71 0.01
SHINHAN FIN.GROUP/ADR 434.23 USD 29,549.04 25,972.86 0.04
SIRONA DENTAL SYSTEMS INC 186.10 USD 5,567.74 5,416.13 0.01
SKYWEST INC 771.19 USD 8,484.79 7,722.55 0.01
SL GREEN REALTY CORPORATION 186.10 USD 6,538.30 8,525.59 0.01
SPRINT NEXTEL CORP/FON SER.1 7,443.88 USD 36,911.08 26,405.36 0.05
STEINER LEISURE LTD 136.47 USD 2,749.47 4,342.42 0.01
STEVEN MADDEN LTD 167.49 USD 3,219.62 4,348.69 0.01
STUDENT LOAN CORP 99.25 USD 3,296.93 2,050.92 -
SUNTRUST BANKS INC 1,949.30 USD 51,211.64 37,609.52 0.06
SUPERIOR INDUSTRIES INTL 986.19 USD 12,449.17 11,057.75 0.02
SUSQUEHANNA BANCSHARES INC 620.32 USD 6,091.07 4,294.67 0.01
SVB FINANCIAL GROUP 186.10 USD 6,109.02 6,255.34 0.01
SWIFT ENERGY CORP 148.88 USD 4,252.57 3,364.10 0.01
SYNOVUS FINANCIAL CORP 2,481.29 USD 12,831.74 5,240.60 0.01
TAIWAN SEMICONDUCT.MANUF/SADR 1,521.90 USD 9,133.36 12,348.47 0.02
TARGET CORP 496.26 USD 13,654.47 20,217.80 0.03
TECH DATA CORP 632.73 USD 13,833.95 18,703.80 0.03
TECUMSEH PRODUCTS CO A 744.39 USD 12,493.54 6,901.81 0.01
TIDEWATER INC 186.10 USD 5,563.62 6,003.42 0.01
TIFFANY & CO 347.38 USD 10,305.27 10,991.10 0.02
TIME WARNER 1,823.63 USD 35,170.22 43,795.01 0.07
TRACTOR SUPPLY CO 148.88 USD 8,134.30 7,455.42 0.01
TRAVELERS COMPANIES INC 1,698.94 USD 55,150.62 68,578.36 0.11
TRINITY IND. INC 731.98 USD 8,592.09 10,851.69 0.02
TRW AUTOMOTIVE HOLDINGS CORP 173.69 USD 4,544.61 4,043.76 0.01
UMPQUA HOLDINGS CORP 1,009.39 USD 8,863.03 9,737.50 0.02
UNITED AMERICAN INDEMNITY LTD 1,042.76 USD 4,022.24 6,360.49 0.01
UNITED COMMUNITY BANKS INC 507.67 USD 3,687.68 1,660.09 -
UNITED MICROELECTR./SADR 11,966.41 USD 27,313.11 28,493.79 0.05
The accompanying notes form an integral part of these financial statements.
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