Filed: 11/13/2023ACC: 0001172661-23-003781
📋 What this filing means
SMEAD CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 30 equity positions with a total reported market value of $4.90B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
30
Positions
$4.90B
Total AUM (reported)
88.06M
Total Shares
Allocation by class
COM$4.25B86.8%
CL A$326.80M6.7%
COM SER A$128.40M2.6%
COM SER N$110.87M2.3%
CL B NEW$64.74M1.3%
*W EXP 08/03/202$13.04M0.3%
SHS SUB VTG$3.47M0.1%
Portfolio Concentration
Top 3$1.07B21.8%
4–10$1.89B38.5%
11–25$1.90B38.7%
Rest$44.91M0.9%
Top 3 weight
21.8%
Top 10 weight
60.4%
Voting Authority Distribution
Total shares with voting rights: 88.06M
Sole
Full voting authority
88.06M
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)
Sole30
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings30
Rows:
OCCIDENTAL PETE CORP
SOLEShares6.79M
TypeSH
Market value$440.48M
8.99%
Sole
6.79M
Shared
0.00
None
0.00
LENNAR CORP
SOLEShares2.91M
TypeSH
Market value$326.80M
6.67%
Sole
2.91M
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares2.80M
TypeSH
Market value$301.30M
6.15%
Sole
2.80M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares2.91M
TypeSH
Market value$299.68M
6.11%
Sole
2.91M
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.11M
TypeSH
Market value$298.41M
6.09%
Sole
1.11M
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares2.33M
TypeSH
Market value$279.40M
5.70%
Sole
2.33M
Shared
0.00
None
0.00
OVINTIV INC
SOLEShares5.52M
TypeSH
Market value$262.80M
5.36%
Sole
5.52M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.76M
TypeSH
Market value$262.31M
5.35%
Sole
1.76M
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
SOLEShares2.34M
TypeSH
Market value$252.78M
5.16%
Sole
2.34M
Shared
0.00
None
0.00
NVR INC
SOLEShares39.20K
TypeSH
Market value$233.79M
4.77%
Sole
39.20K
Shared
0.00
None
0.00
MACERICH CO
SOLEShares20.68M
TypeSH
Market value$225.59M
4.60%
Sole
20.68M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares1.38M
TypeSH
Market value$200.33M
4.09%
Sole
1.38M
Shared
0.00
None
0.00
APA CORPORATION
SOLEShares4.61M
TypeSH
Market value$189.45M
3.87%
Sole
4.61M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares5.97M
TypeSH
Market value$163.45M
3.34%
Sole
5.97M
Shared
0.00
None
0.00
DEVON ENERGY CORP NEW
SOLEShares3.26M
TypeSH
Market value$155.73M
3.18%
Sole
3.26M
Shared
0.00
None
0.00
EBAY INC.
SOLEShares3.25M
TypeSH
Market value$143.16M
2.92%
Sole
3.25M
Shared
0.00
None
0.00
TARGET CORP
SOLEShares1.25M
TypeSH
Market value$138.35M
2.82%
Sole
1.25M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares450.06K
TypeSH
Market value$135.99M
2.77%
Sole
450.06K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares11.82M
TypeSH
Market value$128.40M
2.62%
Sole
11.82M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares2.12M
TypeSH
Market value$110.87M
2.26%
Sole
2.12M
Shared
0.00
None
0.00
CREDIT ACCEP CORP MICH
SOLEShares183.14K
TypeSH
Market value$84.27M
1.72%
Sole
183.14K
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares742.35K
TypeSH
Market value$82.44M
1.68%
Sole
742.35K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares184.81K
TypeSH
Market value$64.74M
1.32%
Sole
184.81K
Shared
0.00
None
0.00
PFIZER INC
SOLEShares1.40M
TypeSH
Market value$46.36M
0.95%
Sole
1.40M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares529.91K
TypeSH
Market value$28.92M
0.59%
Sole
529.91K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
OCCIDENTAL PETE CORPSOLE | COM | 6.79M | SH | $440.48M 8.99% | 6.79M | 0.00 | 0.00 |
LENNAR CORPSOLE | CL A | 2.91M | SH | $326.80M 6.67% | 2.91M | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 2.80M | SH | $301.30M 6.15% | 2.80M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 2.91M | SH | $299.68M 6.11% | 2.91M | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.11M | SH | $298.41M 6.09% | 1.11M | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 2.33M | SH | $279.40M 5.70% | 2.33M | 0.00 | 0.00 |
OVINTIV INCSOLE | COM | 5.52M | SH | $262.80M 5.36% | 5.52M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.76M | SH | $262.31M 5.35% | 1.76M | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.34M | SH | $252.78M 5.16% | 2.34M | 0.00 | 0.00 |
NVR INCSOLE | COM | 39.20K | SH | $233.79M 4.77% | 39.20K | 0.00 | 0.00 |
MACERICH COSOLE | COM | 20.68M | SH | $225.59M 4.60% | 20.68M | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 1.38M | SH | $200.33M 4.09% | 1.38M | 0.00 | 0.00 |
APA CORPORATIONSOLE | COM | 4.61M | SH | $189.45M 3.87% | 4.61M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 5.97M | SH | $163.45M 3.34% | 5.97M | 0.00 | 0.00 |
DEVON ENERGY CORP NEWSOLE | COM | 3.26M | SH | $155.73M 3.18% | 3.26M | 0.00 | 0.00 |
EBAY INC.SOLE | COM | 3.25M | SH | $143.16M 2.92% | 3.25M | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 1.25M | SH | $138.35M 2.82% | 1.25M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 450.06K | SH | $135.99M 2.77% | 450.06K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 11.82M | SH | $128.40M 2.62% | 11.82M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.12M | SH | $110.87M 2.26% | 2.12M | 0.00 | 0.00 |
CREDIT ACCEP CORP MICHSOLE | COM | 183.14K | SH | $84.27M 1.72% | 183.14K | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 742.35K | SH | $82.44M 1.68% | 742.35K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 184.81K | SH | $64.74M 1.32% | 184.81K | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 1.40M | SH | $46.36M 0.95% | 1.40M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM | 529.91K | SH | $28.92M 0.59% | 529.91K | 0.00 | 0.00 |
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