Filed: 2/10/2023ACC: 0001172661-23-000660
📋 What this filing means
SMEAD CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $4.68B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$4.68B
Total AUM (reported)
79.48M
Total Shares
Allocation by class
COM$4.12B88.1%
CL A$268.12M5.7%
COM SER A$112.89M2.4%
COM SER N$110.49M2.4%
CL B NEW$58.34M1.2%
*W EXP 08/03/202$8.24M0.2%
Portfolio Concentration
Top 3$1.06B22.7%
4–10$1.83B39.1%
11–25$1.78B38.1%
Rest$7.67M0.2%
Top 3 weight
22.7%
Top 10 weight
61.8%
Voting Authority Distribution
Total shares with voting rights: 79.48M
Sole
Full voting authority
79.48M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings26
Rows:
OCCIDENTAL PETE CORP
SOLEShares6.83M
TypeSH
Market value$430.33M
9.20%
Sole
6.83M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares2.98M
TypeSH
Market value$330.48M
7.07%
Sole
2.98M
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.14M
TypeSH
Market value$299.99M
6.42%
Sole
1.14M
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
SOLEShares2.38M
TypeSH
Market value$280.08M
5.99%
Sole
2.38M
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares2.34M
TypeSH
Market value$276.02M
5.90%
Sole
2.34M
Shared
0.00
None
0.00
LENNAR CORP
SOLEShares2.96M
TypeSH
Market value$268.12M
5.74%
Sole
2.96M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.80M
TypeSH
Market value$265.37M
5.68%
Sole
1.80M
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares2.88M
TypeSH
Market value$256.60M
5.49%
Sole
2.88M
Shared
0.00
None
0.00
NVR INC
SOLEShares52.55K
TypeSH
Market value$242.40M
5.19%
Sole
52.55K
Shared
0.00
None
0.00
MACERICH CO
SOLEShares21.16M
TypeSH
Market value$238.26M
5.10%
Sole
21.16M
Shared
0.00
None
0.00
OVINTIV INC
SOLEShares3.98M
TypeSH
Market value$201.84M
4.32%
Sole
3.98M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares6.06M
TypeSH
Market value$200.71M
4.29%
Sole
6.06M
Shared
0.00
None
0.00
TARGET CORP
SOLEShares1.28M
TypeSH
Market value$190.75M
4.08%
Sole
1.28M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares1.40M
TypeSH
Market value$187.52M
4.01%
Sole
1.40M
Shared
0.00
None
0.00
CHEVRON CORP NEW
SOLEShares821.85K
TypeSH
Market value$147.51M
3.16%
Sole
821.85K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares460.19K
TypeSH
Market value$145.36M
3.11%
Sole
460.19K
Shared
0.00
None
0.00
EBAY INC.
SOLEShares3.30M
TypeSH
Market value$136.88M
2.93%
Sole
3.30M
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares11.91M
TypeSH
Market value$112.89M
2.41%
Sole
11.91M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares2.01M
TypeSH
Market value$110.49M
2.36%
Sole
2.01M
Shared
0.00
None
0.00
CREDIT ACCEP CORP MICH
SOLEShares184.74K
TypeSH
Market value$87.64M
1.87%
Sole
184.74K
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares760.69K
TypeSH
Market value$83.63M
1.79%
Sole
760.69K
Shared
0.00
None
0.00
PFIZER INC
SOLEShares1.43M
TypeSH
Market value$73.03M
1.56%
Sole
1.43M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares188.87K
TypeSH
Market value$58.34M
1.25%
Sole
188.87K
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares579.45K
TypeSH
Market value$34.88M
0.75%
Sole
579.45K
Shared
0.00
None
0.00
OCCIDENTAL PETE CORP
SOLEShares199.84K
TypeSH
Market value$8.24M
0.18%
Sole
199.84K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
OCCIDENTAL PETE CORPSOLE | COM | 6.83M | SH | $430.33M 9.20% | 6.83M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 2.98M | SH | $330.48M 7.07% | 2.98M | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.14M | SH | $299.99M 6.42% | 1.14M | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.38M | SH | $280.08M 5.99% | 2.38M | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 2.34M | SH | $276.02M 5.90% | 2.34M | 0.00 | 0.00 |
LENNAR CORPSOLE | CL A | 2.96M | SH | $268.12M 5.74% | 2.96M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.80M | SH | $265.37M 5.68% | 1.80M | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 2.88M | SH | $256.60M 5.49% | 2.88M | 0.00 | 0.00 |
NVR INCSOLE | COM | 52.55K | SH | $242.40M 5.19% | 52.55K | 0.00 | 0.00 |
MACERICH COSOLE | COM | 21.16M | SH | $238.26M 5.10% | 21.16M | 0.00 | 0.00 |
OVINTIV INCSOLE | COM | 3.98M | SH | $201.84M 4.32% | 3.98M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 6.06M | SH | $200.71M 4.29% | 6.06M | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 1.28M | SH | $190.75M 4.08% | 1.28M | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 1.40M | SH | $187.52M 4.01% | 1.40M | 0.00 | 0.00 |
CHEVRON CORP NEWSOLE | COM | 821.85K | SH | $147.51M 3.16% | 821.85K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 460.19K | SH | $145.36M 3.11% | 460.19K | 0.00 | 0.00 |
EBAY INC.SOLE | COM | 3.30M | SH | $136.88M 2.93% | 3.30M | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 11.91M | SH | $112.89M 2.41% | 11.91M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.01M | SH | $110.49M 2.36% | 2.01M | 0.00 | 0.00 |
CREDIT ACCEP CORP MICHSOLE | COM | 184.74K | SH | $87.64M 1.87% | 184.74K | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 760.69K | SH | $83.63M 1.79% | 760.69K | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 1.43M | SH | $73.03M 1.56% | 1.43M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 188.87K | SH | $58.34M 1.25% | 188.87K | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM | 579.45K | SH | $34.88M 0.75% | 579.45K | 0.00 | 0.00 |
OCCIDENTAL PETE CORPSOLE | *W EXP 08/03/202 | 199.84K | SH | $8.24M 0.18% | 199.84K | 0.00 | 0.00 |
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