Sparinvest Fondsmaeglerselskab A/S

Sparinvest Fondsmaeglerselskab A/S as of June 30, 2011

Portfolio Holdings for Sparinvest Fondsmaeglerselskab A/S

Sparinvest Fondsmaeglerselskab A/S holds 280 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Wellpoint 1.7 $870k 11.00 79059.83
Dte Energy 1.6 $849k 17.00 49917.66
Deutsche Bank Ag-registered 1.6 $808k 14.00 57714.29
Duke Energy Corp 1.3 $694k 37.00 18759.06
Coventry Health Care 1.3 $692k 19.00 36410.26
Omnicare 1.3 $688k 22.00 31272.73
Time Warner 1.3 $685k 19.00 36031.96
Weis Markets 1.2 $644k 16.00 40222.35
Renaissancere Holdings 1.2 $628k 9.00 69795.92
Arch Capital Group 1.2 $613k 19.00 32256.41
Watson Pharmaceuticals 1.2 $612k 9.00 68043.48
Royal Caribbean Cruises 1.1 $598k 16.00 37393.94
Edwards Lifesciences Corp 1.1 $598k 7.00 85428.57
Axis Capital Holdings 1.1 $594k 19.00 31246.80
Sprint Nextel Corp 1.1 $572k 110.00 5200.00
Everest Re Group 1.1 $576k 7.00 82297.30
Rowan Companies 1.1 $570k 15.00 38000.00
Pepco Holdings 1.1 $565k 29.00 19482.76
Noble Corporation Baar Namen -akt 1.1 $554k 8.00 69197.18
Unum Group 1.0 $529k 21.00 25207.37
Centurylink 1.0 $523k 13.00 40215.83
Woori Finance Holdings- 1.0 $507k 13.00 38962.96
Directv 1.0 $501k 10.00 50082.71
Nisource 1.0 $503k 25.00 20120.00
Ball Corp 0.9 $494k 13.00 38000.00
Constellation Energy Group 0.9 $492k 13.00 37846.15
Frisch's Restaurants 0.9 $480k 20.00 23979.79
Comcast Corp New Cl A Spl 0.9 $475k 20.00 23750.00
Morgan Stanley 0.9 $467k 20.00 23354.67
Coca Cola 0.9 $466k 7.00 66571.43
Grainger W W 0.9 $454k 3.00 151290.32
Petsmart 0.9 $455k 10.00 45445.54
Liberty Global 0.8 $442k 10.00 44200.00
Pinnacle West Capital 0.8 $444k 10.00 44380.95
Cincinnati Financial Corp 0.8 $434k 15.00 28933.33
Xl Group 0.8 $415k 19.00 21846.15
Hormel Foods Corp 0.8 $415k 14.00 29662.16
Union Pac Corp 0.8 $411k 4.00 102790.70
Trw Automotive Hld 0.8 $409k 7.00 58472.22
Cummins 0.8 $404k 4.00 100888.89
Ameren Corporation 0.8 $401k 14.00 28642.86
Metlife 0.8 $391k 9.00 43385.11
Suntrust Bks 0.7 $385k 15.00 25649.19
Amerisourcebergen Corp 0.7 $369k 9.00 41041.67
Bank Amer Corp 0.7 $367k 33.00 11125.48
Old Rep Intl Corp 0.7 $363k 31.00 11714.96
Assurant 0.7 $361k 10.00 36095.24
Pioneer Natural Resources 0.7 $355k 4.00 88750.00
Boston Scientific Corp 0.7 $346k 50.00 6920.00
Validus Holdings 0.7 $340k 11.00 30884.96
Apple 0.6 $333k 1.00 333333.33
Kb Financial Group Inc- 0.6 $333k 7.00 47567.57
Ashford Hospitality Trust 0.6 $323k 26.00 12423.08
Chubb Corp 0.6 $312k 5.00 62400.00
Csx Corp 0.6 $309k 12.00 25750.00
Lincoln Natl Corp Ind 0.6 $309k 11.00 28086.96
Comerica 0.6 $308k 9.00 34210.53
Viacom Inc New Cl B 0.6 $303k 6.00 50500.00
American Wtr Wks 0.6 $298k 10.00 29800.00
Loews Corp 0.6 $294k 7.00 42051.28
Advanced Semiconductor E- 0.6 $293k 53.00 5524.96
Shinhan Financial Group- 0.6 $286k 3.00 95428.57
Regions Financial Corp 0.5 $276k 45.00 6133.33
Bunge 0.5 $274k 4.00 68367.35
Ppg Inds 0.5 $267k 3.00 88857.14
Ace 0.5 $264k 4.00 66000.00
Ametek 0.5 $267k 6.00 44500.00
Limited Brands 0.5 $266k 7.00 38000.00
Capital One Finl Corp 0.5 $261k 5.00 52181.82
Computer Sciences Corp 0.5 $262k 7.00 37361.11
Metropcs Communications 0.5 $258k 15.00 17200.00
Virgin Media 0.5 $249k 8.00 31125.00
Deere & Co 0.5 $247k 3.00 82333.33
Costco Wholesale 0.5 $240k 3.00 80000.00
Borg Warner 0.5 $240k 3.00 80000.00
Equity Residential Sh Ben Int 0.5 $240k 4.00 60000.00
United Microelectron-sp 0.5 $241k 96.00 2508.99
Citrix Sys 0.5 $235k 3.00 78285.71
Autoliv 0.5 $234k 3.00 77941.18
Edison Intl 0.4 $232k 6.00 38615.38
Carmax 0.4 $230k 7.00 32800.00
D Cognizant Technology Solutio cl a 0.4 $218k 3.00 72812.50
Echostar Corp 0.4 $217k 6.00 36212.12
Kaiser Aluminum Corp 0.4 $215k 4.00 53809.52
Zions Bancorporation 0.4 $216k 9.00 24020.62
Caterpillar Inc Del 0.4 $206k 2.00 103200.00
Las Vegas Sands Corp 0.4 $208k 5.00 41600.00
Eastman Chem 0.4 $202k 2.00 101000.00
Arrow Electronics 0.4 $196k 5.00 39200.00
Transatlantic Holdings 0.4 $197k 4.00 49318.18
Dover Corp 0.4 $199k 3.00 66285.71
Agco Corp 0.4 $195k 4.00 48750.00
Texas Instrs 0.4 $191k 6.00 31833.33
Air Products And 0.4 $188k 2.00 93809.52
E M C Corp Mass 0.4 $189k 7.00 27012.99
Goodrich 0.4 $187k 2.00 93500.00
Hartford Finl Svcs Group 0.3 $182k 7.00 25970.72
Keycorp 0.3 $182k 22.00 8272.73
Pnm Resources 0.3 $182k 11.00 16545.45
Nasdaq Omx Group 0.3 $176k 7.00 25066.67
Molson Coors Brewing Co -b cl b 0.3 $179k 4.00 44750.00
Advance Auto Parts 0.3 $172k 3.00 57428.57
International 0.3 $170k 1.00 170062.70
Ameriprise Finl 0.3 $171k 3.00 57000.00
Alleghany Corp 0.3 $172k 520.00 330.77
Kindred Healthcare 0.3 $172k 8.00 21529.41
F M C Corp 0.3 $171k 2.00 85600.00
D Roper Inds 0.3 $165k 2.00 82413.79
Endurance Specialty Holdings 0.3 $166k 4.00 41418.81
Webster Financial Corp 0.3 $167k 8.00 20919.54
Whiting Petroleum Corp 0.3 $167k 3.00 55666.67
Citigroup 0.3 $166k 4.00 41366.54
El Paso Corp 0.3 $160k 8.00 20000.00
American Equity Invt Life Hl 0.3 $164k 13.00 12595.42
Liberty Media Corp-cap Ser A 0.3 $164k 2.00 82000.00
Sunoco 0.3 $164k 4.00 41086.96
Time Warner Cable 0.3 $155k 2.00 77407.41
Tesoro Corp 0.3 $155k 7.00 22142.86
National Oilwell Varco 0.3 $151k 2.00 75500.00
Ascent Media Corp-a cl a 0.3 $151k 3.00 50270.27
Black Box Corp 0.3 $151k 5.00 30200.00
Kt Corp-sp 0.3 $153k 8.00 19156.63
Cf Industries Hold 0.3 $149k 1.00 148888.89
Taiwan Semiconductor-sp 0.3 $148k 12.00 12309.45
Brown Forman Corp 0.3 $147k 2.00 73571.43
Tech Data Corp 0.3 $143k 3.00 47714.29
Provident Financial Services 0.3 $142k 10.00 14200.00
Tractor Supply 0.3 $133k 2.00 66666.67
Complete Production Services 0.2 $130k 4.00 32500.00
Gibraltar Industries 0.2 $129k 12.00 10750.00
Kelly Services Inc -a cl a 0.2 $131k 8.00 16309.52
Mvc Capital 0.2 $132k 10.00 13208.48
Prudential Finl 0.2 $126k 2.00 62962.96
Whole Foods Mkt 0.2 $127k 2.00 63333.33
Horace Mann Educators 0.2 $123k 8.00 15408.66
Safety Insurance Group 0.2 $125k 3.00 41578.95
Fiserv 0.2 $124k 2.00 61818.18
Reinsurance Group Amer 0.2 $122k 2.00 60740.74
Partnerre 0.2 $114k 2.00 56998.56
Rovi Corp 0.2 $114k 2.00 56818.18
Cathay General Bancorp 0.2 $115k 7.00 16428.57
Boise 0.2 $115k 15.00 7666.67
Praxair 0.2 $108k 1.00 108000.00
Micron Technology 0.2 $112k 15.00 7466.67
First American Financial 0.2 $111k 7.00 15810.81
Nordson Corp 0.2 $108k 2.00 53750.00
Owens Corning 0.2 $111k 3.00 37000.00
Posco- 0.2 $107k 1.00 107368.42
Zoll Medical Corp 0.2 $112k 2.00 56000.00
Mccormick & Co Inc Com Non Vtg 0.2 $102k 2.00 50909.09
Genworth Finl 0.2 $102k 10.00 10200.00
Bj's Restaurants 0.2 $104k 2.00 52000.00
Chunghwa Telecom Ltd-adr-w/i 0.2 $102k 3.00 34094.28
Core-mark Holding 0.2 $104k 3.00 34666.67
Platinum Underwriters Hldgs 0.2 $100k 3.00 33159.95
Oyo Geospace Corp 0.2 $99k 1.00 99230.77
Phh Corp 0.2 $100k 5.00 20000.00
Seacor Holdings 0.2 $97k 1.00 96876.65
Allstate Corp 0.2 $91k 3.00 30482.64
Ares Capital Corp 0.2 $95k 6.00 15854.85
Capital Southwest Corp 0.2 $92k 1.00 91522.88
First Citizens Bcshs -cl A cl a 0.2 $93k 500.00 186.00
Lattice Semiconductor Corp 0.2 $96k 15.00 6400.00
Umpqua Holdings Corp 0.2 $91k 8.00 11430.68
Titan International 0.2 $94k 4.00 23500.00
Fifth Third Bancorp 0.2 $89k 7.00 12689.69
Seabright Holdings 0.2 $87k 9.00 9639.89
Skywest 0.2 $90k 6.00 14961.39
Argo Group International 0.2 $88k 3.00 29210.53
Annaly Capital Management In 0.2 $89k 5.00 17884.62
Black Hills Corp 0.2 $91k 3.00 30333.33
Deckers Outdoor Corp 0.2 $87k 1.00 87222.22
Urs Corp 0.2 $88k 2.00 43928.57
Energy Xxi Bermuda 0.2 $88k 4.00 21894.34
Au Optronics Corp- 0.2 $81k 12.00 6760.43
Gardner Denver 0.2 $83k 1.00 82666.67
Lufkin Industries 0.2 $85k 1.00 85000.00
Lifepoint Hospitals 0.1 $77k 2.00 38636.36
Royal Caribbean Cruises 0.1 $77k 3.00 25666.67
Carbo Ceramics 0.1 $80k 500.00 160.00
Dick's Sporting Goods 0.1 $77k 2.00 38500.00
Mwi Veterinary Supply 0.1 $81k 1.00 80526.32
Wesco Financial Corp 0.1 $77k 200.00 385.00
Esterline Technologies Corp 0.1 $75k 1.00 75294.12
Coeur D'alene Mines Corp 0.1 $73k 3.00 24333.33
Concho Resources 0.1 $72k 800.00 90.00
Credit Acceptance Corp 0.1 $73k 900.00 81.11
Dollar Thrifty Automotive Gp 0.1 $73k 1.00 73333.33
Steven Madden 0.1 $74k 2.00 37037.04
Amerigroup Corp 0.1 $71k 1.00 70555.56
Air Methods Corp 0.1 $75k 1.00 75000.00
Hanger Orthopedic Group 0.1 $74k 3.00 24666.67
Middleby Corp 0.1 $74k 800.00 92.50
Albemarle Corp 0.1 $68k 1.00 68181.82
World Accep Corp Del 0.1 $66k 1.00 65833.33
Alterra Capital Holdings 0.1 $67k 3.00 22439.02
Anixter International 0.1 $65k 1.00 65333.33
Fossil 0.1 $70k 600.00 116.67
Msc Industrial Direct Co-a 0.1 $68k 1.00 68000.00
Maximus 0.1 $66k 800.00 82.50
Gen-probe 0.1 $69k 1.00 69000.00
Papa Johns Intl 0.1 $66k 2.00 33000.00
Energy Xxi Bermuda 0.1 $67k 2.00 33500.00
Measurement Specialties 0.1 $70k 2.00 35000.00
D Itc Hldgs Corp 0.1 $65k 900.00 72.22
Amerco 0.1 $65k 700.00 92.86
Tecumseh Products Co-class A cl a 0.1 $61k 6.00 10166.67
Walter Investment Management 0.1 $63k 3.00 20857.14
Wintrust Financial Corp 0.1 $63k 2.00 31718.06
Hurco Cos 0.1 $64k 2.00 32083.33
Affiliated Managers Group 0.1 $61k 600.00 101.67
Kansas City Southern 0.1 $57k 1.00 57222.22
Genesee & Wyoming Inc-cl A cl a 0.1 $58k 1.00 58000.00
Infinity Property & Casualty 0.1 $55k 1.00 55000.00
Clayton Williams Energy 0.1 $60k 1.00 60000.00
Kinetic Concepts 0.1 $57k 1.00 57333.33
Darling International 0.1 $56k 3.00 18571.43
D Clean Harbors 0.1 $51k 500.00 102.00
Apollo Investment Corp 0.1 $50k 5.00 9969.33
Chemed Corp 0.1 $52k 800.00 65.00
Heico Corp 0.1 $54k 1.00 54000.00
Korea Elec Power Corp-sp 0.1 $53k 4.00 13265.31
Rosetta Resources 0.1 $51k 1.00 51333.33
Wesco Intl 0.1 $52k 1.00 52000.00
Avatar Holdings 0.1 $47k 3.00 15555.56
Hospitality Properties Trust 0.1 $49k 2.00 24400.00
Innophos Holdings 0.1 $49k 1.00 48666.67
Jos A Bank Clothiers 0.1 $49k 1.00 49444.44
Ngp Capital Resources 0.1 $49k 6.00 8166.67
Navigators Group 0.1 $47k 1.00 46923.08
Susser Holdings Corp 0.1 $48k 3.00 16000.00
Ipc The Hospitalist 0.1 $46k 1.00 46000.00
Mbia 0.1 $43k 5.00 8600.00
Css Industries 0.1 $41k 2.00 20500.00
Costar Group 0.1 $41k 700.00 58.57
Proassurance Corp 0.1 $42k 600.00 70.00
Susquehanna Bancshares 0.1 $40k 5.00 8000.00
Synovus Financial Corp 0.1 $42k 20.00 2100.00
Cabot Microelectronics Corp 0.1 $41k 900.00 45.56
Om Group 0.1 $40k 1.00 40000.00
Triquint Semiconductor 0.1 $40k 4.00 10000.00
Trimble Navigation 0.1 $35k 900.00 38.89
Hanover Insurance Group 0.1 $37k 1.00 37333.33
Iberiabank Corp 0.1 $35k 600.00 58.33
Sandy Spring Bancorp 0.1 $35k 2.00 17600.00
Mts Systems Corp 0.1 $37k 900.00 41.11
Red Robin Gourmet Burgers 0.1 $37k 1.00 36666.67
Wsfs Financial Corp 0.1 $38k 1.00 38333.33
Kansas City Life Ins 0.1 $31k 1.00 30833.33
Universal Amern Spin Corp 0.1 $33k 3.00 11000.00
Foster 0.1 $32k 1.00 31818.18
Valero Energy Corp 0.1 $25k 990.00 24.91
Patterson Uti Energy 0.1 $25k 841.00 29.99
Noble Corp 0.1 $27k 702.00 38.80
First Merchants Corp 0.1 $27k 3.00 9000.00
Imation Corp 0.1 $28k 3.00 9230.77
J C Penny Corporation 0.0 $21k 593.00 34.88
Travelers Companies 0.0 $23k 392.00 58.48
Kimball International-b cl b 0.0 $19k 3.00 6285.71
Tidewater 0.0 $23k 440.00 53.26
Western Digital Corp 0.0 $24k 654.00 35.87
Baldwin & Lyons Inc -cl B cl b 0.0 $23k 1.00 23333.33
Corning 0.0 $15k 833.00 17.64
Northstar Realty Finance Cor 0.0 $16k 4.00 4067.96
Scholastic Corp 0.0 $17k 655.00 26.17
Werner Enterprises 0.0 $14k 568.00 24.78
Intl Speedway Corp-cl A cl a 0.0 $12k 401.00 28.62
Rait Financial Trust 0.0 $8.0k 4.00 2000.00
United Community Banks 0.0 $8.0k 818.00 9.78
Genco Shipping & Trading 0.0 $7.7k 1.00 7692.31
Fred's Inc-class A cl a 0.0 $4.4k 308.00 14.24
Radioshack Corp 0.0 $5.1k 396.00 12.92
Jpmorgan Chase 0.0 $1.1k 28.00 40.38
Superior Inds Intl 0.0 $1.0k 49.00 20.41
American National Insurance 0.0 $2.2k 28.00 77.54
Apogee Enterprises 0.0 $1.7k 132.00 12.53
Arctic Cat 0.0 $1.5k 105.00 14.04
Natl Western Life Ins-cl A cl a 0.0 $955.920000 6.00 159.32
Natuzzi Spa-sp 0.0 $1.7k 476.00 3.50
Tuesday Morning Corp 0.0 $1.3k 290.00 4.49