SMEAD CAPITAL MANAGEMENT, INC.

PrivateCIK: 1427008
Location

PHOENIX, AZ

32
Positions
$4.60B
Total AUM (reported)
65.82M
Total Shares

Allocation by class

TOTAL AUM$4.60B32 positions
COM$4.36B94.7%
CL A$137.75M3.0%
COM SER N$95.88M2.1%
*W EXP 08/03/202$6.49M0.1%
RUS 1000 VAL ETF$1.34M0.0%

Portfolio Concentration

Top 322.7%4–1034.9%11–2539.2%Rest3.2%TOP 1057.6%0%100%
Top 3$1.04B22.7%
4–10$1.61B34.9%
11–25$1.80B39.2%
Rest$145.05M3.2%

Top 3 weight

22.7%

Top 10 weight

57.6%

Voting Authority Distribution

Total shares with voting rights: 65.82M

Sole

Full voting authority

65.82M

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:

CENOVUS ENERGY INC

SOLE
COM
Shares14.87M
TypeSH
Market value$394.46M
8.58%
Sole
14.87M
Shared
0.00
None
0.00

APA CORPORATION

SOLE
COM
Shares8.27M
TypeSH
Market value$350.97M
7.63%
Sole
8.27M
Shared
0.00
None
0.00

MERCK & CO INC

SOLE
COM
Shares2.47M
TypeSH
Market value$297.28M
6.47%
Sole
2.47M
Shared
0.00
None
0.00

SIMON PPTY GROUP INC NEW

SOLE
COM
Shares1.56M
TypeSH
Market value$290.96M
6.33%
Sole
1.56M
Shared
0.00
None
0.00

AMGEN INC

SOLE
COM
Shares697.92K
TypeSH
Market value$245.56M
5.34%
Sole
697.92K
Shared
0.00
None
0.00

MACERICH CO

SOLE
COM
Shares12.16M
TypeSH
Market value$229.74M
5.00%
Sole
12.16M
Shared
0.00
None
0.00

CONOCOPHILLIPS

SOLE
COM
Shares1.67M
TypeSH
Market value$220.61M
4.80%
Sole
1.67M
Shared
0.00
None
0.00

DIAMONDBACK ENERGY INC

SOLE
COM
Shares1.07M
TypeSH
Market value$211.50M
4.60%
Sole
1.07M
Shared
0.00
None
0.00

D R HORTON INC

SOLE
COM
Shares1.50M
TypeSH
Market value$205.52M
4.47%
Sole
1.50M
Shared
0.00
None
0.00

OCCIDENTAL PETE CORP

SOLE
COM
Shares3.10M
TypeSH
Market value$201.21M
4.38%
Sole
3.10M
Shared
0.00
None
0.00

AMERICAN EXPRESS CO

SOLE
COM
Shares602.64K
TypeSH
Market value$182.29M
3.97%
Sole
602.64K
Shared
0.00
None
0.00

TARGET CORP

SOLE
COM
Shares1.49M
TypeSH
Market value$180.91M
3.94%
Sole
1.49M
Shared
0.00
None
0.00

EBAY INC.

SOLE
COM
Shares1.77M
TypeSH
Market value$161.24M
3.51%
Sole
1.77M
Shared
0.00
None
0.00

NVR INC

SOLE
COM
Shares21.54K
TypeSH
Market value$141.94M
3.09%
Sole
21.54K
Shared
0.00
None
0.00

LENNAR CORP

SOLE
CL A
Shares1.59M
TypeSH
Market value$137.75M
3.00%
Sole
1.59M
Shared
0.00
None
0.00

BANK AMERICA CORP

SOLE
COM
Shares2.76M
TypeSH
Market value$134.53M
2.93%
Sole
2.76M
Shared
0.00
None
0.00

FIFTH THIRD BANCORP

SOLE
COM
Shares2.83M
TypeSH
Market value$131.55M
2.86%
Sole
2.83M
Shared
0.00
None
0.00

JPMORGAN CHASE & CO

SOLE
COM
Shares416.09K
TypeSH
Market value$122.40M
2.66%
Sole
416.09K
Shared
0.00
None
0.00

HOME DEPOT INC

SOLE
COM
Shares307.34K
TypeSH
Market value$101.08M
2.20%
Sole
307.34K
Shared
0.00
None
0.00

WESTERN ALLIANCE BANCORP

SOLE
COM
Shares1.36M
TypeSH
Market value$96.04M
2.09%
Sole
1.36M
Shared
0.00
None
0.00

U HAUL HOLDING COMPANY

SOLE
COM SER N
Shares2.15M
TypeSH
Market value$95.88M
2.09%
Sole
2.15M
Shared
0.00
None
0.00

UNITEDHEALTH GROUP INC

SOLE
COM
Shares347.10K
TypeSH
Market value$93.92M
2.04%
Sole
347.10K
Shared
0.00
None
0.00

CREDIT ACCEP CORP MICH

SOLE
COM
Shares210.47K
TypeSH
Market value$89.13M
1.94%
Sole
210.47K
Shared
0.00
None
0.00

QUALCOMM INC

SOLE
COM
Shares545.81K
TypeSH
Market value$70.29M
1.53%
Sole
545.81K
Shared
0.00
None
0.00

ULTA BEAUTY INC

SOLE
COM
Shares124.89K
TypeSH
Market value$65.28M
1.42%
Sole
124.89K
Shared
0.00
None
0.00
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