Filed: 8/9/2024ACC: 0001172661-24-003174
📋 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)
104.19M
Total Shares
Allocation by class
COM$5.73B89.5%
CL A$386.22M6.0%
COM SER N$139.67M2.2%
CL B NEW$83.32M1.3%
COM SER A$51.84M0.8%
*W EXP 08/03/202$6.66M0.1%
SHS SUB VTG$4.01M0.1%
Portfolio Concentration
Top 3$1.18B18.4%
4–10$2.32B36.3%
11–25$2.71B42.3%
Rest$193.86M3.0%
Top 3 weight
18.4%
Top 10 weight
54.7%
Voting Authority Distribution
Total shares with voting rights: 104.19M
Sole
Full voting authority
104.19M
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)
Sole32
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings32
Rows:
OCCIDENTAL PETE CORP
SOLEShares6.51M
TypeSH
Market value$410.09M
6.40%
Sole
6.51M
Shared
0.00
None
0.00
LENNAR CORP
SOLEShares2.58M
TypeSH
Market value$386.22M
6.03%
Sole
2.58M
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
SOLEShares2.53M
TypeSH
Market value$384.35M
6.00%
Sole
2.53M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares2.96M
TypeSH
Market value$366.30M
5.72%
Sole
2.96M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.57M
TypeSH
Market value$364.58M
5.69%
Sole
1.57M
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.13M
TypeSH
Market value$354.10M
5.53%
Sole
1.13M
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares2.43M
TypeSH
Market value$342.72M
5.35%
Sole
2.43M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares7.67M
TypeSH
Market value$304.94M
4.76%
Sole
7.67M
Shared
0.00
None
0.00
MACERICH CO
SOLEShares19.74M
TypeSH
Market value$304.86M
4.76%
Sole
19.74M
Shared
0.00
None
0.00
OVINTIV INC
SOLEShares6.09M
TypeSH
Market value$285.47M
4.46%
Sole
6.09M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares1.36M
TypeSH
Market value$275.47M
4.30%
Sole
1.36M
Shared
0.00
None
0.00
APA CORPORATION
SOLEShares9.34M
TypeSH
Market value$275.01M
4.29%
Sole
9.34M
Shared
0.00
None
0.00
DEVON ENERGY CORP NEW
SOLEShares5.68M
TypeSH
Market value$269.29M
4.20%
Sole
5.68M
Shared
0.00
None
0.00
NVR INC
SOLEShares34.99K
TypeSH
Market value$265.56M
4.15%
Sole
34.99K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares2.12M
TypeSH
Market value$242.81M
3.79%
Sole
2.12M
Shared
0.00
None
0.00
CENOVUS ENERGY INC
SOLEShares11.06M
TypeSH
Market value$217.48M
3.40%
Sole
11.06M
Shared
0.00
None
0.00
EBAY INC.
SOLEShares3.60M
TypeSH
Market value$193.39M
3.02%
Sole
3.60M
Shared
0.00
None
0.00
TARGET CORP
SOLEShares1.20M
TypeSH
Market value$178.02M
2.78%
Sole
1.20M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares498.79K
TypeSH
Market value$171.70M
2.68%
Sole
498.79K
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares2.33M
TypeSH
Market value$139.67M
2.18%
Sole
2.33M
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares664.32K
TypeSH
Market value$132.32M
2.07%
Sole
664.32K
Shared
0.00
None
0.00
CREDIT ACCEP CORP MICH
SOLEShares200.82K
TypeSH
Market value$103.36M
1.61%
Sole
200.82K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares204.82K
TypeSH
Market value$83.32M
1.30%
Sole
204.82K
Shared
0.00
None
0.00
WESTERN ALLIANCE BANCORP
SOLEShares1.30M
TypeSH
Market value$81.96M
1.28%
Sole
1.30M
Shared
0.00
None
0.00
FIFTH THIRD BANCORP
SOLEShares2.15M
TypeSH
Market value$78.42M
1.22%
Sole
2.15M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
OCCIDENTAL PETE CORPSOLE | COM | 6.51M | SH | $410.09M 6.40% | 6.51M | 0.00 | 0.00 |
LENNAR CORPSOLE | CL A | 2.58M | SH | $386.22M 6.03% | 2.58M | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWSOLE | COM | 2.53M | SH | $384.35M 6.00% | 2.53M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 2.96M | SH | $366.30M 5.72% | 2.96M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.57M | SH | $364.58M 5.69% | 1.57M | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.13M | SH | $354.10M 5.53% | 1.13M | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 2.43M | SH | $342.72M 5.35% | 2.43M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 7.67M | SH | $304.94M 4.76% | 7.67M | 0.00 | 0.00 |
MACERICH COSOLE | COM | 19.74M | SH | $304.86M 4.76% | 19.74M | 0.00 | 0.00 |
OVINTIV INCSOLE | COM | 6.09M | SH | $285.47M 4.46% | 6.09M | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 1.36M | SH | $275.47M 4.30% | 1.36M | 0.00 | 0.00 |
APA CORPORATIONSOLE | COM | 9.34M | SH | $275.01M 4.29% | 9.34M | 0.00 | 0.00 |
DEVON ENERGY CORP NEWSOLE | COM | 5.68M | SH | $269.29M 4.20% | 5.68M | 0.00 | 0.00 |
NVR INCSOLE | COM | 34.99K | SH | $265.56M 4.15% | 34.99K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 2.12M | SH | $242.81M 3.79% | 2.12M | 0.00 | 0.00 |
CENOVUS ENERGY INCSOLE | COM | 11.06M | SH | $217.48M 3.40% | 11.06M | 0.00 | 0.00 |
EBAY INC.SOLE | COM | 3.60M | SH | $193.39M 3.02% | 3.60M | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 1.20M | SH | $178.02M 2.78% | 1.20M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 498.79K | SH | $171.70M 2.68% | 498.79K | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 2.33M | SH | $139.67M 2.18% | 2.33M | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 664.32K | SH | $132.32M 2.07% | 664.32K | 0.00 | 0.00 |
CREDIT ACCEP CORP MICHSOLE | COM | 200.82K | SH | $103.36M 1.61% | 200.82K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 204.82K | SH | $83.32M 1.30% | 204.82K | 0.00 | 0.00 |
WESTERN ALLIANCE BANCORPSOLE | COM | 1.30M | SH | $81.96M 1.28% | 1.30M | 0.00 | 0.00 |
FIFTH THIRD BANCORPSOLE | COM | 2.15M | SH | $78.42M 1.22% | 2.15M | 0.00 | 0.00 |
Page 1 of 2