Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 10, 2022

Total Value: $3.846B (100.0% shares, 0.0% debt)

Holdings (27)

— CONTINENTAL RES INC 12.3%

Value $471M Shares 7,052,830 Share Price $66.81 Est. Cost/Share $29.37 Unrealized @ Report Date —

OXY OCCIDENTAL PETE CORP 9.1%

Value $350M Shares 5,694,759 Share Price $61.45 * Est. Cost/Share $29.57 Unrealized @ Report Date +97.4%

AMGN AMGEN INC 6.1%

Value $235M Shares 1,044,289 Share Price $225.40 * Est. Cost/Share $173.22 Unrealized @ Report Date +17.4%

MRK MERCK & CO INC 6.1%

Value $235M Shares 2,723,102 Share Price $86.12 * Est. Cost/Share $60.17 Unrealized @ Report Date +29.8%

AXP AMERICAN EXPRESS CO 5.8%

Value $222M Shares 1,642,258 Share Price $134.91 * Est. Cost/Share $105.36 Unrealized @ Report Date +22.6%

NVR NVR INC 5.0%

Value $192M Shares 48,032 Share Price $3987.07 Est. Cost/Share $3138.92 Unrealized @ Report Date +27.0%

LEN LENNAR CORP 4.9%

Value $190M Shares 2,547,340 Share Price $74.55 * Est. Cost/Share $63.12 Unrealized @ Report Date +9.0%

SPG SIMON PPTY GROUP INC NEW 4.8%

Value $186M Shares 2,071,191 Share Price $89.75 * Est. Cost/Share $90.37 Unrealized @ Report Date -16.8%

COP CONOCOPHILLIPS 4.8%

Value $185M Shares 1,809,652 Share Price $102.34 * Est. Cost/Share $43.17 Unrealized @ Report Date +112.9%

TGT TARGET CORP 4.5%

Value $174M Shares 1,169,982 Share Price $148.39 * Est. Cost/Share $109.83 Unrealized @ Report Date +21.0%

DHI D R HORTON INC 4.3%

Value $166M Shares 2,458,277 Share Price $67.35 * Est. Cost/Share $73.28 Unrealized @ Report Date -11.0%

MAC MACERICH CO 3.7%

Value $144M Shares 18,116,435 Share Price $7.94 Est. Cost/Share $13.91 Unrealized @ Report Date —

BAC BK OF AMERICA CORP 3.7%

Value $144M Shares 4,759,922 Share Price $30.20 * Est. Cost/Share $25.14 Unrealized @ Report Date +10.4%

JPM JPMORGAN CHASE & CO 3.5%

Value $134M Shares 1,278,068 Share Price $104.50 * Est. Cost/Share $89.66 Unrealized @ Report Date +7.3%

HD HOME DEPOT INC 3.0%

Value $116M Shares 420,771 Share Price $275.94 * Est. Cost/Share $185.57 Unrealized @ Report Date +37.0%

WBD WARNER BROS DISCOVERY INC 3.0%

Value $114M Shares 9,940,411 Share Price $11.50 Est. Cost/Share $18.02 Unrealized @ Report Date -36.2%

EBAY EBAY INC. 2.9%

Value $111M Shares 3,017,032 Share Price $36.81 * Est. Cost/Share $40.57 Unrealized @ Report Date -14.8%

CVX CHEVRON CORP NEW 2.8%

Value $109M Shares 760,304 Share Price $143.67 * Est. Cost/Share $81.76 Unrealized @ Report Date +53.7%

UHAL AMERCO 2.5%

Value $96.17M Shares 188,868 Share Price $509.22 * Est. Cost/Share $47.09 Unrealized @ Report Date +8.1%

QCOM QUALCOMM INC 2.0%

Value $78.57M Shares 695,423 Share Price $112.98 * Est. Cost/Share $90.87 Unrealized @ Report Date +15.4%

CACC CREDIT ACCEP CORP MICH 1.9%

Value $73.94M Shares 168,818 Share Price $438.00 Est. Cost/Share $464.08 Unrealized @ Report Date -5.6%

PFE PFIZER INC 1.5%

Value $57M Shares 1,302,628 Share Price $43.76 * Est. Cost/Share $26.15 Unrealized @ Report Date +39.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.2%

Value $46.1M Shares 172,640 Share Price $267.02 Est. Cost/Share $182.50 Unrealized @ Report Date +46.3%

OXY/WS OCCIDENTAL PETE CORP 0.2%

Value $7.592M Shares 191,631 Share Price $39.62 Est. Cost/Share $28.86 Unrealized @ Report Date —

CVE CENOVUS ENERGY INC 0.2%

Value $5.835M Shares 379,852 Share Price $15.36 * Est. Cost/Share $15.00 Unrealized @ Report Date -5.9%

— FRONTLINE LTD 0.1%

Value $3.45M Shares 311,195 Share Price $11.09 Est. Cost/Share $9.04 Unrealized @ Report Date —

— LIBERTY GLOBAL PLC 0.0%

Value $1.265M Shares 76,683 Share Price $16.50 Est. Cost/Share $24.37 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	CONTINENTAL RES INC	7,052,830	$471M	12.3%	$66.81	$29.37	—	COM	212015101
OXY	OCCIDENTAL PETE CORP	5,694,759	$350M	9.1%	$61.45 *	$29.57	+97.4%	COM	674599105
AMGN	AMGEN INC	1,044,289	$235M	6.1%	$225.40 *	$173.22	+17.4%	COM	031162100
MRK	MERCK & CO INC	2,723,102	$235M	6.1%	$86.12 *	$60.17	+29.8%	COM	58933Y105
AXP	AMERICAN EXPRESS CO	1,642,258	$222M	5.8%	$134.91 *	$105.36	+22.6%	COM	025816109
NVR	NVR INC	48,032	$192M	5.0%	$3987.07	$3138.92	+27.0%	COM	62944T105
LEN	LENNAR CORP	2,547,340	$190M	4.9%	$74.55 *	$63.12	+9.0%	CL A	526057104
SPG	SIMON PPTY GROUP INC NEW	2,071,191	$186M	4.8%	$89.75 *	$90.37	-16.8%	COM	828806109
COP	CONOCOPHILLIPS	1,809,652	$185M	4.8%	$102.34 *	$43.17	+112.9%	COM	20825C104
TGT	TARGET CORP	1,169,982	$174M	4.5%	$148.39 *	$109.83	+21.0%	COM	87612E106
DHI	D R HORTON INC	2,458,277	$166M	4.3%	$67.35 *	$73.28	-11.0%	COM	23331A109
MAC	MACERICH CO	18,116,435	$144M	3.7%	$7.94	$13.91	—	COM	554382101
BAC	BK OF AMERICA CORP	4,759,922	$144M	3.7%	$30.20 *	$25.14	+10.4%	COM	060505104
JPM	JPMORGAN CHASE & CO	1,278,068	$134M	3.5%	$104.50 *	$89.66	+7.3%	COM	46625H100
HD	HOME DEPOT INC	420,771	$116M	3.0%	$275.94 *	$185.57	+37.0%	COM	437076102
WBD	WARNER BROS DISCOVERY INC	9,940,411	$114M	3.0%	$11.50	$18.02	-36.2%	COM SER A	934423104
EBAY	EBAY INC.	3,017,032	$111M	2.9%	$36.81 *	$40.57	-14.8%	COM	278642103
CVX	CHEVRON CORP NEW	760,304	$109M	2.8%	$143.67 *	$81.76	+53.7%	COM	166764100
UHAL	AMERCO	188,868	$96.17M	2.5%	$509.22 *	$47.09	+8.1%	COM	023586100
QCOM	QUALCOMM INC	695,423	$78.57M	2.0%	$112.98 *	$90.87	+15.4%	COM	747525103
CACC	CREDIT ACCEP CORP MICH	168,818	$73.94M	1.9%	$438.00	$464.08	-5.6%	COM	225310101
PFE	PFIZER INC	1,302,628	$57M	1.5%	$43.76 *	$26.15	+39.5%	COM	717081103
BRK/B	BERKSHIRE HATHAWAY INC DEL	172,640	$46.1M	1.2%	$267.02	$182.50	+46.3%	CL B NEW	084670702
OXY/WS	OCCIDENTAL PETE CORP	191,631	$7.592M	0.2%	$39.62	$28.86	—	*W EXP 08/03/202	674599162
CVE	CENOVUS ENERGY INC	379,852	$5.835M	0.2%	$15.36 *	$15.00	-5.9%	COM	15135U109
—	FRONTLINE LTD	311,195	$3.45M	0.1%	$11.09	$9.04	—	SHS NEW	G3682E192
—	LIBERTY GLOBAL PLC	76,683	$1.265M	0.0%	$16.50	$24.37	—	SHS CL C	G5480U120