Sparinvest Fondsmaeglerselskab A/S

Sparinvest Fondsmaeglerselskab A/S as of March 31, 2011

Portfolio Holdings for Sparinvest Fondsmaeglerselskab A/S

Sparinvest Fondsmaeglerselskab A/S holds 289 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Dte Energy 1.6 $839k 17.00 49349.76
Deutsche Bank Ag-registered 1.6 $833k 14.00 59500.00
Wellpoint 1.5 $771k 11.00 70085.47
Centurylink 1.4 $756k 18.00 42010.87
Time Warner 1.3 $681k 19.00 35830.95
Royal Caribbean Cruises 1.3 $680k 16.00 42484.85
Duke Energy Corp 1.3 $677k 37.00 18284.81
Omnicare 1.2 $659k 22.00 29954.55
Axis Capital Holdings 1.2 $658k 19.00 34627.60
Rowan Companies 1.2 $648k 15.00 43200.00
Pioneer Natural Resources 1.2 $621k 6.00 103500.00
Noble Corporation Baar Namen -akt 1.2 $621k 8.00 77594.89
Edwards Lifesciences Corp 1.2 $620k 7.00 88571.43
Renaissancere Holdings 1.1 $608k 9.00 67551.02
Arch Capital Group 1.1 $592k 6.00 98615.38
Everest Re Group 1.1 $588k 7.00 84054.05
Unum Group 1.1 $562k 21.00 26774.19
Morgan Stanley 1.0 $548k 20.00 27414.27
Pepco Holdings 1.0 $548k 29.00 18896.55
Goodrich 1.0 $518k 6.00 86268.66
Sprint Nextel Corp 1.0 $505k 110.00 4590.91
Watson Pharmaceuticals 1.0 $509k 9.00 56521.74
Cincinnati Financial Corp 0.9 $498k 15.00 33200.00
Nisource 0.9 $484k 25.00 19360.00
Ball Corp 0.9 $467k 13.00 35923.08
Comcast Corp New Cl A Spl 0.9 $467k 20.00 23350.00
Directv 0.9 $467k 10.00 46682.60
Xl Group 0.9 $452k 19.00 23794.87
Bank Amer Corp 0.8 $447k 33.00 13530.99
Cummins 0.8 $441k 4.00 110222.22
Suntrust Bks 0.8 $441k 15.00 29404.28
Pinnacle West Capital 0.8 $431k 10.00 43142.86
Frisch's Restaurants 0.8 $425k 20.00 21262.40
Grainger W W 0.8 $414k 3.00 138064.52
Petsmart 0.8 $414k 10.00 41386.14
Constellation Energy Group 0.8 $411k 13.00 31615.38
Metlife 0.8 $407k 9.00 45206.21
Union Pac Corp 0.8 $394k 4.00 98604.65
Ameren Corporation 0.8 $398k 14.00 28428.57
Old Rep Intl Corp 0.7 $389k 31.00 12560.69
Assurant 0.7 $393k 10.00 39333.33
Hormel Foods Corp 0.7 $394k 14.00 28108.11
Energy Xxi Bermuda 0.7 $384k 11.00 34871.79
Trw Automotive Hld 0.7 $382k 7.00 54583.33
Boston Scientific Corp 0.7 $373k 50.00 7460.00
Sandisk Corp 0.7 $365k 8.00 45679.01
Kb Financial Group Inc- 0.7 $364k 7.00 52027.03
Amerisourcebergen Corp 0.7 $357k 9.00 39687.50
Apple 0.7 $351k 1.00 351111.11
Computer Sciences Corp 0.7 $345k 7.00 49305.56
Lincoln Natl Corp Ind 0.6 $338k 11.00 30695.65
Comerica 0.6 $334k 9.00 37052.63
Regions Financial Corp 0.6 $328k 45.00 7288.89
Weis Markets 0.6 $326k 8.00 40795.22
Chubb Corp 0.6 $307k 5.00 61400.00
Loews Corp 0.6 $303k 7.00 43333.33
Bunge 0.6 $293k 4.00 73265.31
Advanced Semiconductor E- 0.6 $290k 53.00 5469.16
O'reilly Automotive 0.6 $292k 5.00 58301.89
Viacom Inc New Cl B 0.5 $284k 6.00 47333.33
Ashford Hospitality Trust 0.5 $285k 26.00 10961.54
Shinhan Financial Group- 0.5 $269k 3.00 89714.29
Coca Cola 0.5 $266k 4.00 66500.00
Ametek 0.5 $262k 6.00 43666.67
United Microelectron-sp 0.5 $264k 96.00 2747.45
Ace 0.5 $258k 4.00 64500.00
Fiserv 0.5 $252k 4.00 63000.00
Metropcs Communications 0.5 $246k 15.00 16400.00
D Cognizant Technology Solutio cl a 0.5 $247k 3.00 82187.50
Carmax 0.5 $244k 7.00 34800.00
Borg Warner 0.5 $237k 3.00 79142.86
Limited Brands 0.4 $234k 7.00 33428.57
Caterpillar Inc Del 0.4 $225k 2.00 112400.00
Host Hotels & Resorts 0.4 $229k 13.00 17615.38
Lam Research Corp 0.4 $229k 4.00 57250.00
Whiting Petroleum Corp 0.4 $225k 3.00 75000.00
Costco Wholesale 0.4 $220k 3.00 73333.33
Equity Residential Sh Ben Int 0.4 $224k 4.00 55952.38
Edison Intl 0.4 $222k 6.00 36923.08
Autoliv 0.4 $222k 3.00 74117.65
Virgin Media 0.4 $223k 8.00 27875.00
Murphy Oil Corp 0.4 $221k 3.00 73666.67
Citigroup 0.4 $215k 48.00 4486.80
Citrix Sys 0.4 $219k 3.00 72857.14
Las Vegas Sands Corp 0.4 $219k 5.00 43800.00
Marathon Oil Corp 0.4 $213k 4.00 53255.81
Interpublic Group Cos 0.4 $212k 17.00 12458.10
Liberty Global 0.4 $211k 5.00 42200.00
Zions Bancorporation 0.4 $210k 9.00 23298.97
Advance Auto Parts 0.4 $199k 3.00 66285.71
Cliffs Natural Resources 0.4 $198k 2.00 98888.89
Keycorp 0.4 $198k 22.00 9000.00
Kaiser Aluminum Corp 0.4 $198k 4.00 49523.81
Kindred Healthcare 0.4 $196k 8.00 24470.59
Dover Corp 0.4 $196k 3.00 65428.57
E M C Corp Mass 0.4 $190k 7.00 27142.86
Hartford Finl Svcs Group 0.4 $189k 7.00 26989.18
Endurance Specialty Holdings 0.4 $190k 4.00 47367.26
Coventry Health Care 0.4 $192k 6.00 32000.00
Molson Coors Brewing Co -b cl b 0.4 $189k 4.00 47250.00
Transatlantic Holdings 0.4 $193k 4.00 48181.82
Ameriprise Finl 0.3 $185k 3.00 61666.67
Iac/interactivecor.. 0.3 $187k 6.00 31076.92
Sunoco 0.3 $186k 4.00 46521.74
Black Box Corp 0.3 $178k 5.00 35600.00
Emerson Electric 0.3 $173k 3.00 57714.29
Micron Technology 0.3 $175k 15.00 11666.67
D Roper Inds 0.3 $172k 2.00 86206.90
Alleghany Corp 0.3 $175k 520.00 336.54
Webster Financial Corp 0.3 $172k 8.00 21494.25
American Equity Invt Life Hl 0.3 $171k 13.00 13129.77
Arrow Electronics 0.3 $167k 4.00 41702.13
Kelly Services Inc -a cl a 0.3 $171k 8.00 21309.52
Pnm Resources 0.3 $167k 11.00 15181.82
F M C Corp 0.3 $170k 2.00 85200.00
International 0.3 $165k 1.00 164576.80
Bj's Restaurants 0.3 $157k 4.00 39250.00
Tech Data Corp 0.3 $153k 3.00 51142.86
Kt Corp-sp 0.3 $155k 8.00 19397.59
Omnivision Technologies 0.3 $146k 4.00 36500.00
Ascent Media Corp-a cl a 0.3 $148k 3.00 49459.46
Liberty Media Corp-cap Ser A 0.3 $150k 2.00 75000.00
Provident Financial Services 0.3 $148k 10.00 14800.00
Sl Green Realty Corp 0.3 $150k 2.00 75000.00
Taiwan Semiconductor-sp 0.3 $147k 12.00 12227.93
Esterline Technologies Corp 0.3 $142k 2.00 71153.85
D Hasbro 0.3 $143k 3.00 47714.29
Genworth Finl 0.3 $136k 10.00 13600.00
Gibraltar Industries 0.3 $138k 12.00 11500.00
Mvc Capital 0.3 $139k 10.00 13898.47
Safety Insurance Group 0.3 $139k 3.00 46315.79
Boise 0.3 $138k 15.00 9200.00
Brown Forman Corp 0.3 $137k 2.00 68571.43
Validus Holdings 0.2 $132k 4.00 32888.89
Horace Mann Educators 0.2 $133k 8.00 16636.89
Complete Production Services 0.2 $128k 4.00 32000.00
Polo Ralph Lauren Corp cl a 0.2 $126k 1.00 125555.56
Partnerre 0.2 $124k 2.00 62049.06
Prudential Finl 0.2 $123k 2.00 61481.48
Tractor Supply 0.2 $119k 2.00 59583.33
Cathay General Bancorp 0.2 $120k 7.00 17142.86
Seaboard Corp 0.2 $121k 50.00 2420.00
Akamai Technologies 0.2 $115k 3.00 38285.71
Ashland 0.2 $116k 2.00 58000.00
First American Financial 0.2 $116k 7.00 16621.62
Nordson Corp 0.2 $116k 1.00 115833.33
Posco- 0.2 $118k 1.00 118421.05
Woori Finance Holdings- 0.2 $117k 3.00 39142.86
Rovi Corp 0.2 $110k 2.00 55000.00
Platinum Underwriters Hldgs 0.2 $112k 3.00 37386.22
Phh Corp 0.2 $109k 5.00 21800.00
Skywest 0.2 $103k 6.00 17213.64
Owens Corning 0.2 $108k 3.00 36000.00
Trinity Industries 0.2 $107k 3.00 35666.67
Clayton Williams Energy 0.2 $105k 1.00 105000.00
Dana Holding Corp 0.2 $108k 6.00 18000.00
Jones Lang Lasalle 0.2 $99k 1.00 99285.71
F5 Networks 0.2 $102k 1.00 101666.67
Argo Group International 0.2 $100k 3.00 33157.89
Au Optronics Corp- 0.2 $102k 12.00 8469.97
Ares Capital Corp 0.2 $102k 6.00 16999.02
Black Hills Corp 0.2 $101k 3.00 33666.67
Core-mark Holding 0.2 $101k 3.00 33666.67
First Citizens Bcshs -cl A cl a 0.2 $101k 500.00 202.00
Oyo Geospace Corp 0.2 $100k 1.00 100000.00
Magellan Health Services 0.2 $98k 2.00 49000.00
Allstate Corp 0.2 $97k 3.00 32176.12
Fifth Third Bancorp 0.2 $97k 7.00 13867.09
Mccormick & Co Inc Com Non Vtg 0.2 $96k 2.00 47727.27
Seabright Holdings 0.2 $94k 9.00 10415.51
Chunghwa Telecom Ltd-adr-w/i 0.2 $93k 3.00 31129.56
Fossil 0.2 $93k 1.00 92500.00
Petroleum Development Corp 0.2 $96k 2.00 48015.87
Seacor Holdings 0.2 $96k 1.00 95817.89
Annaly Capital Management In 0.2 $89k 5.00 17692.31
Capital Southwest Corp 0.2 $91k 1.00 90772.69
Deckers Outdoor Corp 0.2 $88k 1.00 87777.78
Domtar Corp 0.2 $92k 1.00 91578.95
Lattice Semiconductor Corp 0.2 $91k 15.00 6066.67
Lufkin Industries 0.2 $92k 1.00 92142.86
Urs Corp 0.2 $91k 2.00 45714.29
Umpqua Holdings Corp 0.2 $91k 8.00 11307.77
Ceradyne 0.2 $91k 2.00 45238.10
Royal Caribbean Cruises 0.2 $82k 3.00 27333.33
Concho Resources 0.2 $86k 800.00 107.50
Portfolio Recovery Associate 0.2 $85k 1.00 84736.84
Nike Inc Cl B 0.1 $78k 1.00 77473.18
Lifepoint Hospitals 0.1 $80k 2.00 40000.00
Cna Surety Corp 0.1 $77k 3.00 25666.67
Dick's Sporting Goods 0.1 $81k 2.00 40500.00
Gardner Denver 0.1 $77k 1.00 77333.33
Mwi Veterinary Supply 0.1 $78k 1.00 78421.05
Hanger Orthopedic Group 0.1 $78k 3.00 26000.00
Wintrust Financial Corp 0.1 $74k 2.00 37004.41
Middleby Corp 0.1 $75k 800.00 93.75
Alterra Capital Holdings 0.1 $66k 3.00 22113.82
Amerco 0.1 $69k 700.00 98.57
Anixter International 0.1 $70k 1.00 70000.00
Carbo Ceramics 0.1 $70k 500.00 140.00
Dollar Thrifty Automotive Gp 0.1 $67k 1.00 66666.67
Msc Industrial Direct Co-a 0.1 $68k 1.00 68000.00
Universal American Corp 0.1 $69k 3.00 23000.00
Energy Xxi Bermuda 0.1 $68k 2.00 34000.00
Reinsurance Group Amer 0.1 $63k 1.00 63333.33
World Accep Corp Del 0.1 $66k 1.00 65833.33
D Itc Hldgs Corp 0.1 $63k 900.00 70.00
Avatar Holdings 0.1 $61k 3.00 20277.78
Credit Acceptance Corp 0.1 $63k 900.00 70.00
Amerigroup Corp 0.1 $65k 1.00 65000.00
Gen-probe 0.1 $66k 1.00 66000.00
Affiliated Managers Group 0.1 $66k 600.00 110.00
Air Methods Corp 0.1 $66k 1.00 66000.00
Albemarle Corp 0.1 $60k 1.00 60000.00
Apollo Investment Corp 0.1 $60k 5.00 12078.22
Genesee & Wyoming Inc-cl A cl a 0.1 $59k 1.00 59000.00
Infinity Property & Casualty 0.1 $59k 1.00 59000.00
Ngp Capital Resources 0.1 $58k 6.00 9666.67
Tecumseh Products Co-class A cl a 0.1 $60k 6.00 10000.00
Kansas City Southern 0.1 $54k 1.00 54444.44
Mbia 0.1 $51k 5.00 10200.00
Heico Corp 0.1 $51k 800.00 63.75
Jos A Bank Clothiers 0.1 $51k 1.00 51111.11
Ladish 0.1 $55k 1.00 55333.33
Navigators Group 0.1 $52k 1.00 51538.46
Triquint Semiconductor 0.1 $53k 4.00 13250.00
Trimble Navigation 0.1 $45k 900.00 50.00
D Clean Harbors 0.1 $50k 500.00 100.00
Hanover Insurance Group 0.1 $45k 1.00 45333.33
Hospitality Properties Trust 0.1 $46k 2.00 23200.00
Innophos Holdings 0.1 $45k 1.00 45333.33
Korea Elec Power Corp-sp 0.1 $49k 4.00 12244.90
Steven Madden 0.1 $47k 1.00 47407.41
Susquehanna Bancshares 0.1 $47k 5.00 9400.00
Synovus Financial Corp 0.1 $48k 20.00 2400.00
Walter Investment Management 0.1 $50k 3.00 16571.43
Cabot Microelectronics Corp 0.1 $47k 900.00 52.22
Rosetta Resources 0.1 $49k 1.00 48666.67
American Science & Engineeri 0.1 $46k 500.00 92.00
Lear Corp 0.1 $48k 1.00 48333.33
Newalliance Bancshares 0.1 $45k 3.00 15000.00
Zoll Medical Corp 0.1 $45k 1.00 45000.00
Costar Group 0.1 $44k 700.00 62.86
Newstar Financial 0.1 $43k 4.00 10750.00
Swift Energy 0.1 $43k 1.00 43333.33
Hawkins 0.1 $42k 1.00 41666.67
Mts Systems Corp 0.1 $41k 900.00 45.56
Susser Holdings Corp 0.1 $40k 3.00 13333.33
Agilysys 0.1 $35k 6.00 5819.30
Css Industries 0.1 $38k 2.00 19000.00
Iberiabank Corp 0.1 $36k 600.00 60.00
Proassurance Corp 0.1 $38k 600.00 63.33
Sandy Spring Bancorp 0.1 $38k 2.00 18800.00
Wesco Financial Corp 0.1 $39k 100.00 390.00
Echostar Corp 0.1 $38k 1.00 38000.00
Om Group 0.1 $37k 1.00 36666.67
Valero Energy Corp 0.1 $29k 943.00 30.94
Unitrin 0.1 $31k 1.00 31234.00
Noble Corp 0.1 $32k 682.00 46.44
Imation Corp 0.1 $34k 3.00 11282.05
Kansas City Life Ins 0.1 $33k 1.00 32500.00
Par Pharmaceutical Cos 0.1 $32k 1.00 32000.00
Usa Mobility 0.1 $30k 2.00 15000.00
Hurco Cos 0.1 $31k 1.00 30769.23
First Merchants Corp 0.1 $25k 3.00 8333.33
Tidewater 0.1 $25k 410.00 60.14
J C Penny Corporation 0.0 $21k 560.00 36.89
Travelers Companies 0.0 $22k 368.00 59.80
Patterson Uti Energy 0.0 $23k 788.00 29.11
Kimball International-b cl b 0.0 $22k 3.00 7428.57
Northstar Realty Finance Cor 0.0 $21k 4.00 5264.42
Scholastic Corp 0.0 $19k 680.00 27.23
Western Digital Corp 0.0 $23k 612.00 37.97
Baldwin & Lyons Inc -cl B cl b 0.0 $23k 1.00 23333.33
Corning 0.0 $16k 772.00 20.94
Werner Enterprises 0.0 $14k 547.00 26.19
Dillard's Inc msci taiwan 0.0 $15k 378.00 40.71
Genco Shipping & Trading 0.0 $11k 1.00 10769.23
Intl Speedway Corp-cl A cl a 0.0 $12k 389.00 30.11
Rait Financial Trust 0.0 $10k 4.00 2500.00
Fred's Inc-class A cl a 0.0 $4.2k 314.00 13.53
United Community Banks 0.0 $7.8k 4.00 1955.03
Jpmorgan Chase 0.0 $1.3k 28.00 46.76
Superior Inds Intl 0.0 $1.0k 49.00 20.41
American National Insurance 0.0 $2.1k 26.00 79.32
Apogee Enterprises 0.0 $1.8k 132.00 13.31
Arctic Cat 0.0 $1.3k 81.00 15.62
Natl Western Life Ins-cl A cl a 0.0 $1.1k 7.00 163.18
Natuzzi Spa-sp 0.0 $2.3k 493.00 4.61
Tuesday Morning Corp 0.0 $1.3k 263.00 4.88