Filed: 8/11/2023ACC: 0001172661-23-002921
📋 What this filing means
SMEAD CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $5.04B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$5.04B
Total AUM (reported)
88.66M
Total Shares
Allocation by class
COM$4.32B85.8%
CL A$377.50M7.5%
COM SER A$153.04M3.0%
COM SER N$107.77M2.1%
CL B NEW$65.04M1.3%
*W EXP 08/03/202$10.83M0.2%
Portfolio Concentration
Top 3$1.14B22.7%
4–10$1.94B38.6%
11–25$1.92B38.2%
Rest$27.19M0.5%
Top 3 weight
22.7%
Top 10 weight
61.3%
Voting Authority Distribution
Total shares with voting rights: 88.66M
Sole
Full voting authority
88.66M
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)
Sole28
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings28
Rows:
OCCIDENTAL PETE CORP
SOLEShares7.01M
TypeSH
Market value$412.25M
8.19%
Sole
7.01M
Shared
0.00
None
0.00
LENNAR CORP
SOLEShares3.01M
TypeSH
Market value$377.50M
7.50%
Sole
3.01M
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares2.90M
TypeSH
Market value$352.97M
7.01%
Sole
2.90M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares3.01M
TypeSH
Market value$347.41M
6.90%
Sole
3.01M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.82M
TypeSH
Market value$316.82M
6.29%
Sole
1.82M
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
SOLEShares2.42M
TypeSH
Market value$279.35M
5.55%
Sole
2.42M
Shared
0.00
None
0.00
NVR INC
SOLEShares40.47K
TypeSH
Market value$257.00M
5.10%
Sole
40.47K
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.15M
TypeSH
Market value$255.00M
5.06%
Sole
1.15M
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares2.41M
TypeSH
Market value$249.95M
4.96%
Sole
2.41M
Shared
0.00
None
0.00
MACERICH CO
SOLEShares21.02M
TypeSH
Market value$236.88M
4.70%
Sole
21.02M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares1.43M
TypeSH
Market value$207.35M
4.12%
Sole
1.43M
Shared
0.00
None
0.00
OVINTIV INC
SOLEShares5.39M
TypeSH
Market value$205.14M
4.07%
Sole
5.39M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares6.16M
TypeSH
Market value$176.81M
3.51%
Sole
6.16M
Shared
0.00
None
0.00
TARGET CORP
SOLEShares1.29M
TypeSH
Market value$170.34M
3.38%
Sole
1.29M
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares12.20M
TypeSH
Market value$153.04M
3.04%
Sole
12.20M
Shared
0.00
None
0.00
APA CORPORATION
SOLEShares4.44M
TypeSH
Market value$151.77M
3.01%
Sole
4.44M
Shared
0.00
None
0.00
EBAY INC.
SOLEShares3.35M
TypeSH
Market value$149.77M
2.97%
Sole
3.35M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares464.55K
TypeSH
Market value$144.31M
2.87%
Sole
464.55K
Shared
0.00
None
0.00
DEVON ENERGY CORP NEW
SOLEShares2.55M
TypeSH
Market value$123.28M
2.45%
Sole
2.55M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares2.13M
TypeSH
Market value$107.77M
2.14%
Sole
2.13M
Shared
0.00
None
0.00
CREDIT ACCEP CORP MICH
SOLEShares187.01K
TypeSH
Market value$94.99M
1.89%
Sole
187.01K
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares766.22K
TypeSH
Market value$91.21M
1.81%
Sole
766.22K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares190.74K
TypeSH
Market value$65.04M
1.29%
Sole
190.74K
Shared
0.00
None
0.00
PFIZER INC
SOLEShares1.44M
TypeSH
Market value$52.91M
1.05%
Sole
1.44M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares550.22K
TypeSH
Market value$30.44M
0.60%
Sole
550.22K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
OCCIDENTAL PETE CORPSOLE | COM | 7.01M | SH | $412.25M 8.19% | 7.01M | 0.00 | 0.00 |
LENNAR CORPSOLE | CL A | 3.01M | SH | $377.50M 7.50% | 3.01M | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 2.90M | SH | $352.97M 7.01% | 2.90M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 3.01M | SH | $347.41M 6.90% | 3.01M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.82M | SH | $316.82M 6.29% | 1.82M | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.42M | SH | $279.35M 5.55% | 2.42M | 0.00 | 0.00 |
NVR INCSOLE | COM | 40.47K | SH | $257.00M 5.10% | 40.47K | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.15M | SH | $255.00M 5.06% | 1.15M | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 2.41M | SH | $249.95M 4.96% | 2.41M | 0.00 | 0.00 |
MACERICH COSOLE | COM | 21.02M | SH | $236.88M 4.70% | 21.02M | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 1.43M | SH | $207.35M 4.12% | 1.43M | 0.00 | 0.00 |
OVINTIV INCSOLE | COM | 5.39M | SH | $205.14M 4.07% | 5.39M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 6.16M | SH | $176.81M 3.51% | 6.16M | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 1.29M | SH | $170.34M 3.38% | 1.29M | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 12.20M | SH | $153.04M 3.04% | 12.20M | 0.00 | 0.00 |
APA CORPORATIONSOLE | COM | 4.44M | SH | $151.77M 3.01% | 4.44M | 0.00 | 0.00 |
EBAY INC.SOLE | COM | 3.35M | SH | $149.77M 2.97% | 3.35M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 464.55K | SH | $144.31M 2.87% | 464.55K | 0.00 | 0.00 |
DEVON ENERGY CORP NEWSOLE | COM | 2.55M | SH | $123.28M 2.45% | 2.55M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.13M | SH | $107.77M 2.14% | 2.13M | 0.00 | 0.00 |
CREDIT ACCEP CORP MICHSOLE | COM | 187.01K | SH | $94.99M 1.89% | 187.01K | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 766.22K | SH | $91.21M 1.81% | 766.22K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 190.74K | SH | $65.04M 1.29% | 190.74K | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 1.44M | SH | $52.91M 1.05% | 1.44M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM | 550.22K | SH | $30.44M 0.60% | 550.22K | 0.00 | 0.00 |
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