Filed: 5/12/2023ACC: 0001172661-23-002043
📋 What this filing means
SMEAD CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $5.02B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
29
Positions
$5.02B
Total AUM (reported)
87.13M
Total Shares
Allocation by class
COM$4.33B86.2%
CL A$321.36M6.4%
COM SER A$187.36M3.7%
COM SER N$110.92M2.2%
CL B NEW$59.78M1.2%
*W EXP 08/03/202$11.78M0.2%
Portfolio Concentration
Top 3$1.09B21.7%
4–10$1.92B38.2%
11–25$1.95B38.8%
Rest$63.66M1.3%
Top 3 weight
21.7%
Top 10 weight
59.9%
Voting Authority Distribution
Total shares with voting rights: 87.13M
Sole
Full voting authority
87.13M
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)
Sole29
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings29
Rows:
OCCIDENTAL PETE CORP
SOLEShares7.11M
TypeSH
Market value$443.86M
8.85%
Sole
7.11M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares3.05M
TypeSH
Market value$324.25M
6.46%
Sole
3.05M
Shared
0.00
None
0.00
LENNAR CORP
SOLEShares3.06M
TypeSH
Market value$321.36M
6.40%
Sole
3.06M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.84M
TypeSH
Market value$304.03M
6.06%
Sole
1.84M
Shared
0.00
None
0.00
NVR INC
SOLEShares53.95K
TypeSH
Market value$300.65M
5.99%
Sole
53.95K
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares2.94M
TypeSH
Market value$287.52M
5.73%
Sole
2.94M
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.16M
TypeSH
Market value$280.90M
5.60%
Sole
1.16M
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
SOLEShares2.46M
TypeSH
Market value$275.14M
5.48%
Sole
2.46M
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares2.45M
TypeSH
Market value$243.25M
4.85%
Sole
2.45M
Shared
0.00
None
0.00
MACERICH CO
SOLEShares21.39M
TypeSH
Market value$226.74M
4.52%
Sole
21.39M
Shared
0.00
None
0.00
TARGET CORP
SOLEShares1.31M
TypeSH
Market value$217.36M
4.33%
Sole
1.31M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares1.45M
TypeSH
Market value$188.44M
3.76%
Sole
1.45M
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares12.41M
TypeSH
Market value$187.36M
3.73%
Sole
12.41M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares6.27M
TypeSH
Market value$179.27M
3.57%
Sole
6.27M
Shared
0.00
None
0.00
OVINTIV INC
SOLEShares4.37M
TypeSH
Market value$157.72M
3.14%
Sole
4.37M
Shared
0.00
None
0.00
EBAY INC.
SOLEShares3.40M
TypeSH
Market value$150.91M
3.01%
Sole
3.40M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares472.29K
TypeSH
Market value$139.38M
2.78%
Sole
472.29K
Shared
0.00
None
0.00
CHEVRON CORP NEW
SOLEShares851.07K
TypeSH
Market value$138.86M
2.77%
Sole
851.07K
Shared
0.00
None
0.00
APA CORPORATION
SOLEShares3.38M
TypeSH
Market value$121.79M
2.43%
Sole
3.38M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares2.14M
TypeSH
Market value$110.92M
2.21%
Sole
2.14M
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares779.70K
TypeSH
Market value$99.47M
1.98%
Sole
779.70K
Shared
0.00
None
0.00
CREDIT ACCEP CORP MICH
SOLEShares189.40K
TypeSH
Market value$82.58M
1.65%
Sole
189.40K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares193.62K
TypeSH
Market value$59.78M
1.19%
Sole
193.62K
Shared
0.00
None
0.00
PFIZER INC
SOLEShares1.46M
TypeSH
Market value$59.75M
1.19%
Sole
1.46M
Shared
0.00
None
0.00
DEVON ENERGY CORP NEW
SOLEShares1.05M
TypeSH
Market value$53.01M
1.06%
Sole
1.05M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
OCCIDENTAL PETE CORPSOLE | COM | 7.11M | SH | $443.86M 8.85% | 7.11M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 3.05M | SH | $324.25M 6.46% | 3.05M | 0.00 | 0.00 |
LENNAR CORPSOLE | CL A | 3.06M | SH | $321.36M 6.40% | 3.06M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.84M | SH | $304.03M 6.06% | 1.84M | 0.00 | 0.00 |
NVR INCSOLE | COM | 53.95K | SH | $300.65M 5.99% | 53.95K | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 2.94M | SH | $287.52M 5.73% | 2.94M | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.16M | SH | $280.90M 5.60% | 1.16M | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.46M | SH | $275.14M 5.48% | 2.46M | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 2.45M | SH | $243.25M 4.85% | 2.45M | 0.00 | 0.00 |
MACERICH COSOLE | COM | 21.39M | SH | $226.74M 4.52% | 21.39M | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 1.31M | SH | $217.36M 4.33% | 1.31M | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 1.45M | SH | $188.44M 3.76% | 1.45M | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 12.41M | SH | $187.36M 3.73% | 12.41M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 6.27M | SH | $179.27M 3.57% | 6.27M | 0.00 | 0.00 |
OVINTIV INCSOLE | COM | 4.37M | SH | $157.72M 3.14% | 4.37M | 0.00 | 0.00 |
EBAY INC.SOLE | COM | 3.40M | SH | $150.91M 3.01% | 3.40M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 472.29K | SH | $139.38M 2.78% | 472.29K | 0.00 | 0.00 |
CHEVRON CORP NEWSOLE | COM | 851.07K | SH | $138.86M 2.77% | 851.07K | 0.00 | 0.00 |
APA CORPORATIONSOLE | COM | 3.38M | SH | $121.79M 2.43% | 3.38M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.14M | SH | $110.92M 2.21% | 2.14M | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 779.70K | SH | $99.47M 1.98% | 779.70K | 0.00 | 0.00 |
CREDIT ACCEP CORP MICHSOLE | COM | 189.40K | SH | $82.58M 1.65% | 189.40K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 193.62K | SH | $59.78M 1.19% | 193.62K | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 1.46M | SH | $59.75M 1.19% | 1.46M | 0.00 | 0.00 |
DEVON ENERGY CORP NEWSOLE | COM | 1.05M | SH | $53.01M 1.06% | 1.05M | 0.00 | 0.00 |
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