Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 11, 2023

Total Value: $5.036B (100.0% shares, 0.0% debt)

Holdings (28)

OXY OCCIDENTAL PETE CORP 8.2%

Value $412M Shares 7,010,978 Share Price $58.80 * Est. Cost/Share $36.34 Unrealized @ Report Date +54.9%

LEN LENNAR CORP 7.5%

Value $377M Shares 3,012,527 Share Price $125.31 * Est. Cost/Share $65.99 Unrealized @ Report Date +77.3%

DHI D R HORTON INC 7.0%

Value $353M Shares 2,900,578 Share Price $121.69 * Est. Cost/Share $74.34 Unrealized @ Report Date +59.8%

MRK MERCK & CO INC 6.9%

Value $347M Shares 3,010,773 Share Price $115.39 * Est. Cost/Share $63.78 Unrealized @ Report Date +67.4%

AXP AMERICAN EXPRESS CO 6.3%

Value $317M Shares 1,818,692 Share Price $174.20 * Est. Cost/Share $109.85 Unrealized @ Report Date +53.5%

SPG SIMON PPTY GROUP INC NEW 5.5%

Value $279M Shares 2,419,000 Share Price $115.48 * Est. Cost/Share $91.11 Unrealized @ Report Date +11.2%

NVR NVR INC 5.1%

Value $257M Shares 40,468 Share Price $6350.62 Est. Cost/Share $3296.80 Unrealized @ Report Date +92.6%

AMGN AMGEN INC 5.1%

Value $255M Shares 1,148,553 Share Price $222.02 * Est. Cost/Share $179.94 Unrealized @ Report Date +14.2%

COP CONOCOPHILLIPS 5.0%

Value $250M Shares 2,412,407 Share Price $103.61 * Est. Cost/Share $60.06 Unrealized @ Report Date +59.9%

MAC MACERICH CO 4.7%

Value $237M Shares 21,018,847 Share Price $11.27 Est. Cost/Share $13.50 Unrealized @ Report Date —

JPM JPMORGAN CHASE & CO 4.1%

Value $207M Shares 1,425,683 Share Price $145.44 * Est. Cost/Share $93.26 Unrealized @ Report Date +47.1%

OVV OVINTIV INC 4.1%

Value $205M Shares 5,388,499 Share Price $38.07 Est. Cost/Share $48.63 Unrealized @ Report Date -21.7%

BAC BANK AMERICA CORP 3.5%

Value $177M Shares 6,162,605 Share Price $28.69 * Est. Cost/Share $26.68 Unrealized @ Report Date +0.8%

TGT TARGET CORP 3.4%

Value $170M Shares 1,291,467 Share Price $131.90 * Est. Cost/Share $113.40 Unrealized @ Report Date +6.2%

WBD WARNER BROS DISCOVERY INC 3.0%

Value $153M Shares 12,204,429 Share Price $12.54 Est. Cost/Share $16.80 Unrealized @ Report Date -25.4%

APA APA CORPORATION 3.0%

Value $152M Shares 4,441,563 Share Price $34.17 * Est. Cost/Share $35.03 Unrealized @ Report Date -11.5%

EBAY EBAY INC. 3.0%

Value $150M Shares 3,351,406 Share Price $44.69 * Est. Cost/Share $40.52 Unrealized @ Report Date +5.3%

HD HOME DEPOT INC 2.9%

Value $144M Shares 464,552 Share Price $310.64 * Est. Cost/Share $196.09 Unrealized @ Report Date +48.9%

DVN DEVON ENERGY CORP NEW 2.4%

Value $123M Shares 2,550,354 Share Price $48.34 * Est. Cost/Share $47.55 Unrealized @ Report Date -7.0%

UHAL/B U HAUL HOLDING COMPANY 2.1%

Value $108M Shares 2,126,818 Share Price $50.67 Est. Cost/Share $57.84 Unrealized @ Report Date -12.4%

CACC CREDIT ACCEP CORP MICH 1.9%

Value $94.99M Shares 187,007 Share Price $507.93 Est. Cost/Share $463.04 Unrealized @ Report Date +9.7%

QCOM QUALCOMM INC 1.8%

Value $91.21M Shares 766,223 Share Price $119.04 * Est. Cost/Share $93.00 Unrealized @ Report Date +21.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.3%

Value $65.04M Shares 190,736 Share Price $341.00 Est. Cost/Share $195.18 Unrealized @ Report Date +74.7%

PFE PFIZER INC 1.1%

Value $52.91M Shares 1,442,447 Share Price $36.68 * Est. Cost/Share $27.61 Unrealized @ Report Date +13.9%

UHAL U HAUL HOLDING COMPANY 0.6%

Value $30.44M Shares 550,215 Share Price $55.32 Est. Cost/Share $54.13 Unrealized @ Report Date +2.2%

OXY/WS OCCIDENTAL PETE CORP 0.2%

Value $10.83M Shares 290,115 Share Price $37.32 Est. Cost/Share $32.91 Unrealized @ Report Date —

CVE CENOVUS ENERGY INC 0.2%

Value $9.619M Shares 566,355 Share Price $16.98 * Est. Cost/Share $15.67 Unrealized @ Report Date +1.4%

FRO FRONTLINE PLC 0.1%

Value $6.748M Shares 468,869 Share Price $14.39 * Est. Cost/Share $11.98 Unrealized @ Report Date +1.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OXY	OCCIDENTAL PETE CORP	7,010,978	$412M	8.2%	$58.80 *	$36.34	+54.9%	COM	674599105
LEN	LENNAR CORP	3,012,527	$377M	7.5%	$125.31 *	$65.99	+77.3%	CL A	526057104
DHI	D R HORTON INC	2,900,578	$353M	7.0%	$121.69 *	$74.34	+59.8%	COM	23331A109
MRK	MERCK & CO INC	3,010,773	$347M	6.9%	$115.39 *	$63.78	+67.4%	COM	58933Y105
AXP	AMERICAN EXPRESS CO	1,818,692	$317M	6.3%	$174.20 *	$109.85	+53.5%	COM	025816109
SPG	SIMON PPTY GROUP INC NEW	2,419,000	$279M	5.5%	$115.48 *	$91.11	+11.2%	COM	828806109
NVR	NVR INC	40,468	$257M	5.1%	$6350.62	$3296.80	+92.6%	COM	62944T105
AMGN	AMGEN INC	1,148,553	$255M	5.1%	$222.02 *	$179.94	+14.2%	COM	031162100
COP	CONOCOPHILLIPS	2,412,407	$250M	5.0%	$103.61 *	$60.06	+59.9%	COM	20825C104
MAC	MACERICH CO	21,018,847	$237M	4.7%	$11.27	$13.50	—	COM	554382101
JPM	JPMORGAN CHASE & CO	1,425,683	$207M	4.1%	$145.44 *	$93.26	+47.1%	COM	46625H100
OVV	OVINTIV INC	5,388,499	$205M	4.1%	$38.07	$48.63	-21.7%	COM	69047Q102
BAC	BANK AMERICA CORP	6,162,605	$177M	3.5%	$28.69 *	$26.68	+0.8%	COM	060505104
TGT	TARGET CORP	1,291,467	$170M	3.4%	$131.90 *	$113.40	+6.2%	COM	87612E106
WBD	WARNER BROS DISCOVERY INC	12,204,429	$153M	3.0%	$12.54	$16.80	-25.4%	COM SER A	934423104
APA	APA CORPORATION	4,441,563	$152M	3.0%	$34.17 *	$35.03	-11.5%	COM	03743Q108
EBAY	EBAY INC.	3,351,406	$150M	3.0%	$44.69 *	$40.52	+5.3%	COM	278642103
HD	HOME DEPOT INC	464,552	$144M	2.9%	$310.64 *	$196.09	+48.9%	COM	437076102
DVN	DEVON ENERGY CORP NEW	2,550,354	$123M	2.4%	$48.34 *	$47.55	-7.0%	COM	25179M103
UHAL/B	U HAUL HOLDING COMPANY	2,126,818	$108M	2.1%	$50.67	$57.84	-12.4%	COM SER N	023586506
CACC	CREDIT ACCEP CORP MICH	187,007	$94.99M	1.9%	$507.93	$463.04	+9.7%	COM	225310101
QCOM	QUALCOMM INC	766,223	$91.21M	1.8%	$119.04 *	$93.00	+21.1%	COM	747525103
BRK/B	BERKSHIRE HATHAWAY INC DEL	190,736	$65.04M	1.3%	$341.00	$195.18	+74.7%	CL B NEW	084670702
PFE	PFIZER INC	1,442,447	$52.91M	1.1%	$36.68 *	$27.61	+13.9%	COM	717081103
UHAL	U HAUL HOLDING COMPANY	550,215	$30.44M	0.6%	$55.32	$54.13	+2.2%	COM	023586100
OXY/WS	OCCIDENTAL PETE CORP	290,115	$10.83M	0.2%	$37.32	$32.91	—	*W EXP 08/03/202	674599162
CVE	CENOVUS ENERGY INC	566,355	$9.619M	0.2%	$16.98 *	$15.67	+1.4%	COM	15135U109
FRO	FRONTLINE PLC	468,869	$6.748M	0.1%	$14.39 *	$11.98	+1.4%	COM	M46528101