Filed: 5/10/2024ACC: 0001172661-24-002119
📋 What this filing means
SMEAD CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 32 equity positions with a total reported market value of $6.41B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
32
Positions
$6.41B
Total AUM (reported)
92.57M
Total Shares
Allocation by class
COM$5.69B88.8%
CL A$419.96M6.6%
COM SER N$145.11M2.3%
CL B NEW$81.61M1.3%
COM SER A$57.64M0.9%
*W EXP 08/03/202$12.14M0.2%
SHS SUB VTG$3.60M0.1%
Portfolio Concentration
Top 3$1.23B19.2%
4–10$2.37B37.0%
11–25$2.61B40.7%
Rest$200.83M3.1%
Top 3 weight
19.2%
Top 10 weight
56.2%
Voting Authority Distribution
Total shares with voting rights: 92.57M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
92.57M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole32
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings32
Rows:
LENNAR CORP
SOLEShares2.44M
TypeSH
Market value$419.96M
6.55%
Sole
0.00
Shared
0.00
None
2.44M
OCCIDENTAL PETE CORP
SOLEShares6.27M
TypeSH
Market value$407.81M
6.36%
Sole
0.00
Shared
0.00
None
6.27M
MERCK & CO INC
SOLEShares3.05M
TypeSH
Market value$402.05M
6.27%
Sole
0.00
Shared
0.00
None
3.05M
AMERICAN EXPRESS CO
SOLEShares1.76M
TypeSH
Market value$400.93M
6.26%
Sole
0.00
Shared
0.00
None
1.76M
D R HORTON INC
SOLEShares2.30M
TypeSH
Market value$379.18M
5.92%
Sole
0.00
Shared
0.00
None
2.30M
SIMON PPTY GROUP INC NEW
SOLEShares2.40M
TypeSH
Market value$375.44M
5.86%
Sole
0.00
Shared
0.00
None
2.40M
MACERICH CO
SOLEShares18.71M
TypeSH
Market value$322.36M
5.03%
Sole
0.00
Shared
0.00
None
18.71M
AMGEN INC
SOLEShares1.07M
TypeSH
Market value$305.32M
4.76%
Sole
0.00
Shared
0.00
None
1.07M
OVINTIV INC
SOLEShares5.77M
TypeSH
Market value$299.53M
4.67%
Sole
0.00
Shared
0.00
None
5.77M
JPMORGAN CHASE & CO
SOLEShares1.45M
TypeSH
Market value$290.66M
4.53%
Sole
0.00
Shared
0.00
None
1.45M
BANK AMERICA CORP
SOLEShares7.27M
TypeSH
Market value$275.50M
4.30%
Sole
0.00
Shared
0.00
None
7.27M
DEVON ENERGY CORP NEW
SOLEShares5.38M
TypeSH
Market value$270.14M
4.21%
Sole
0.00
Shared
0.00
None
5.38M
NVR INC
SOLEShares33.16K
TypeSH
Market value$268.60M
4.19%
Sole
0.00
Shared
0.00
None
33.16K
APA CORPORATION
SOLEShares7.76M
TypeSH
Market value$266.76M
4.16%
Sole
0.00
Shared
0.00
None
7.76M
CONOCOPHILLIPS
SOLEShares2.01M
TypeSH
Market value$256.02M
3.99%
Sole
0.00
Shared
0.00
None
2.01M
TARGET CORP
SOLEShares1.14M
TypeSH
Market value$202.00M
3.15%
Sole
0.00
Shared
0.00
None
1.14M
HOME DEPOT INC
SOLEShares472.62K
TypeSH
Market value$181.30M
2.83%
Sole
0.00
Shared
0.00
None
472.62K
EBAY INC.
SOLEShares3.41M
TypeSH
Market value$180.04M
2.81%
Sole
0.00
Shared
0.00
None
3.41M
U HAUL HOLDING COMPANY
SOLEShares2.18M
TypeSH
Market value$145.11M
2.26%
Sole
0.00
Shared
0.00
None
2.18M
QUALCOMM INC
SOLEShares779.80K
TypeSH
Market value$132.02M
2.06%
Sole
0.00
Shared
0.00
None
779.80K
CREDIT ACCEP CORP MICH
SOLEShares190.28K
TypeSH
Market value$104.95M
1.64%
Sole
0.00
Shared
0.00
None
190.28K
CENOVUS ENERGY INC
SOLEShares4.32M
TypeSH
Market value$86.44M
1.35%
Sole
0.00
Shared
0.00
None
4.32M
BERKSHIRE HATHAWAY INC DEL
SOLEShares194.07K
TypeSH
Market value$81.61M
1.27%
Sole
0.00
Shared
0.00
None
194.07K
WESTERN ALLIANCE BANCORP
SOLEShares1.24M
TypeSH
Market value$79.35M
1.24%
Sole
0.00
Shared
0.00
None
1.24M
FIFTH THIRD BANCORP
SOLEShares2.04M
TypeSH
Market value$75.77M
1.18%
Sole
0.00
Shared
0.00
None
2.04M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
LENNAR CORPSOLE | CL A | 2.44M | SH | $419.96M 6.55% | 0.00 | 0.00 | 2.44M |
OCCIDENTAL PETE CORPSOLE | COM | 6.27M | SH | $407.81M 6.36% | 0.00 | 0.00 | 6.27M |
MERCK & CO INCSOLE | COM | 3.05M | SH | $402.05M 6.27% | 0.00 | 0.00 | 3.05M |
AMERICAN EXPRESS COSOLE | COM | 1.76M | SH | $400.93M 6.26% | 0.00 | 0.00 | 1.76M |
D R HORTON INCSOLE | COM | 2.30M | SH | $379.18M 5.92% | 0.00 | 0.00 | 2.30M |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.40M | SH | $375.44M 5.86% | 0.00 | 0.00 | 2.40M |
MACERICH COSOLE | COM | 18.71M | SH | $322.36M 5.03% | 0.00 | 0.00 | 18.71M |
AMGEN INCSOLE | COM | 1.07M | SH | $305.32M 4.76% | 0.00 | 0.00 | 1.07M |
OVINTIV INCSOLE | COM | 5.77M | SH | $299.53M 4.67% | 0.00 | 0.00 | 5.77M |
JPMORGAN CHASE & COSOLE | COM | 1.45M | SH | $290.66M 4.53% | 0.00 | 0.00 | 1.45M |
BANK AMERICA CORPSOLE | COM | 7.27M | SH | $275.50M 4.30% | 0.00 | 0.00 | 7.27M |
DEVON ENERGY CORP NEWSOLE | COM | 5.38M | SH | $270.14M 4.21% | 0.00 | 0.00 | 5.38M |
NVR INCSOLE | COM | 33.16K | SH | $268.60M 4.19% | 0.00 | 0.00 | 33.16K |
APA CORPORATIONSOLE | COM | 7.76M | SH | $266.76M 4.16% | 0.00 | 0.00 | 7.76M |
CONOCOPHILLIPSSOLE | COM | 2.01M | SH | $256.02M 3.99% | 0.00 | 0.00 | 2.01M |
TARGET CORPSOLE | COM | 1.14M | SH | $202.00M 3.15% | 0.00 | 0.00 | 1.14M |
HOME DEPOT INCSOLE | COM | 472.62K | SH | $181.30M 2.83% | 0.00 | 0.00 | 472.62K |
EBAY INC.SOLE | COM | 3.41M | SH | $180.04M 2.81% | 0.00 | 0.00 | 3.41M |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.18M | SH | $145.11M 2.26% | 0.00 | 0.00 | 2.18M |
QUALCOMM INCSOLE | COM | 779.80K | SH | $132.02M 2.06% | 0.00 | 0.00 | 779.80K |
CREDIT ACCEP CORP MICHSOLE | COM | 190.28K | SH | $104.95M 1.64% | 0.00 | 0.00 | 190.28K |
CENOVUS ENERGY INCSOLE | COM | 4.32M | SH | $86.44M 1.35% | 0.00 | 0.00 | 4.32M |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 194.07K | SH | $81.61M 1.27% | 0.00 | 0.00 | 194.07K |
WESTERN ALLIANCE BANCORPSOLE | COM | 1.24M | SH | $79.35M 1.24% | 0.00 | 0.00 | 1.24M |
FIFTH THIRD BANCORPSOLE | COM | 2.04M | SH | $75.77M 1.18% | 0.00 | 0.00 | 2.04M |
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