Filed: 1/31/2024ACC: 0001172661-24-000401
📋 What this filing means
SMEAD CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 33 equity positions with a total reported market value of $5.58B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
33
Positions
$5.58B
Total AUM (reported)
88.56M
Total Shares
Allocation by class
COM$4.84B86.6%
CL A$404.17M7.2%
COM SER N$146.34M2.6%
COM SER A$114.00M2.0%
CL B NEW$66.38M1.2%
*W EXP 08/03/202$12.06M0.2%
SHS SUB VTG$2.89M0.1%
Portfolio Concentration
Top 3$1.16B20.7%
4–10$2.09B37.5%
11–25$2.19B39.2%
Rest$142.90M2.6%
Top 3 weight
20.7%
Top 10 weight
58.2%
Voting Authority Distribution
Total shares with voting rights: 88.56M
Sole
Full voting authority
88.56M
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)
Sole33
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings33
Rows:
LENNAR CORP
SOLEShares2.71M
TypeSH
Market value$404.17M
7.24%
Sole
2.71M
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares2.60M
TypeSH
Market value$395.48M
7.08%
Sole
2.60M
Shared
0.00
None
0.00
OCCIDENTAL PETE CORP
SOLEShares6.01M
TypeSH
Market value$359.03M
6.43%
Sole
6.01M
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
SOLEShares2.30M
TypeSH
Market value$328.21M
5.88%
Sole
2.30M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares2.92M
TypeSH
Market value$318.61M
5.71%
Sole
2.92M
Shared
0.00
None
0.00
MACERICH CO
SOLEShares20.50M
TypeSH
Market value$316.38M
5.67%
Sole
20.50M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.68M
TypeSH
Market value$315.15M
5.64%
Sole
1.68M
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.03M
TypeSH
Market value$296.59M
5.31%
Sole
1.03M
Shared
0.00
None
0.00
NVR INC
SOLEShares39.48K
TypeSH
Market value$276.38M
4.95%
Sole
39.48K
Shared
0.00
None
0.00
OVINTIV INC
SOLEShares5.52M
TypeSH
Market value$242.64M
4.34%
Sole
5.52M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares1.39M
TypeSH
Market value$236.64M
4.24%
Sole
1.39M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares6.96M
TypeSH
Market value$234.48M
4.20%
Sole
6.96M
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares1.93M
TypeSH
Market value$223.95M
4.01%
Sole
1.93M
Shared
0.00
None
0.00
APA CORPORATION
SOLEShares5.24M
TypeSH
Market value$187.87M
3.36%
Sole
5.24M
Shared
0.00
None
0.00
DEVON ENERGY CORP NEW
SOLEShares3.81M
TypeSH
Market value$172.65M
3.09%
Sole
3.81M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares453.23K
TypeSH
Market value$157.07M
2.81%
Sole
453.23K
Shared
0.00
None
0.00
TARGET CORP
SOLEShares1.10M
TypeSH
Market value$156.17M
2.80%
Sole
1.10M
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares2.08M
TypeSH
Market value$146.34M
2.62%
Sole
2.08M
Shared
0.00
None
0.00
EBAY INC.
SOLEShares3.27M
TypeSH
Market value$142.64M
2.55%
Sole
3.27M
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares10.02M
TypeSH
Market value$114.00M
2.04%
Sole
10.02M
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares747.58K
TypeSH
Market value$108.12M
1.94%
Sole
747.58K
Shared
0.00
None
0.00
CREDIT ACCEP CORP MICH
SOLEShares182.49K
TypeSH
Market value$97.22M
1.74%
Sole
182.49K
Shared
0.00
None
0.00
WESTERN ALLIANCE BANCORP
SOLEShares1.18M
TypeSH
Market value$77.96M
1.40%
Sole
1.18M
Shared
0.00
None
0.00
FIFTH THIRD BANCORP
SOLEShares1.95M
TypeSH
Market value$67.35M
1.21%
Sole
1.95M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares186.12K
TypeSH
Market value$66.38M
1.19%
Sole
186.12K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
LENNAR CORPSOLE | CL A | 2.71M | SH | $404.17M 7.24% | 2.71M | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 2.60M | SH | $395.48M 7.08% | 2.60M | 0.00 | 0.00 |
OCCIDENTAL PETE CORPSOLE | COM | 6.01M | SH | $359.03M 6.43% | 6.01M | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.30M | SH | $328.21M 5.88% | 2.30M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 2.92M | SH | $318.61M 5.71% | 2.92M | 0.00 | 0.00 |
MACERICH COSOLE | COM | 20.50M | SH | $316.38M 5.67% | 20.50M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.68M | SH | $315.15M 5.64% | 1.68M | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.03M | SH | $296.59M 5.31% | 1.03M | 0.00 | 0.00 |
NVR INCSOLE | COM | 39.48K | SH | $276.38M 4.95% | 39.48K | 0.00 | 0.00 |
OVINTIV INCSOLE | COM | 5.52M | SH | $242.64M 4.34% | 5.52M | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 1.39M | SH | $236.64M 4.24% | 1.39M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 6.96M | SH | $234.48M 4.20% | 6.96M | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 1.93M | SH | $223.95M 4.01% | 1.93M | 0.00 | 0.00 |
APA CORPORATIONSOLE | COM | 5.24M | SH | $187.87M 3.36% | 5.24M | 0.00 | 0.00 |
DEVON ENERGY CORP NEWSOLE | COM | 3.81M | SH | $172.65M 3.09% | 3.81M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 453.23K | SH | $157.07M 2.81% | 453.23K | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 1.10M | SH | $156.17M 2.80% | 1.10M | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.08M | SH | $146.34M 2.62% | 2.08M | 0.00 | 0.00 |
EBAY INC.SOLE | COM | 3.27M | SH | $142.64M 2.55% | 3.27M | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 10.02M | SH | $114.00M 2.04% | 10.02M | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 747.58K | SH | $108.12M 1.94% | 747.58K | 0.00 | 0.00 |
CREDIT ACCEP CORP MICHSOLE | COM | 182.49K | SH | $97.22M 1.74% | 182.49K | 0.00 | 0.00 |
WESTERN ALLIANCE BANCORPSOLE | COM | 1.18M | SH | $77.96M 1.40% | 1.18M | 0.00 | 0.00 |
FIFTH THIRD BANCORPSOLE | COM | 1.95M | SH | $67.35M 1.21% | 1.95M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 186.12K | SH | $66.38M 1.19% | 186.12K | 0.00 | 0.00 |
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