Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 13, 2023

Total Value: $4.901B (100.0% shares, 0.0% debt)

Holdings (30)

OXY OCCIDENTAL PETE CORP 9.0%

Value $440M Shares 6,789,203 Share Price $64.88 * Est. Cost/Share $36.34 Unrealized @ Report Date +71.4%

LEN LENNAR CORP 6.7%

Value $327M Shares 2,911,897 Share Price $112.23 * Est. Cost/Share $65.99 Unrealized @ Report Date +59.3%

DHI D R HORTON INC 6.1%

Value $301M Shares 2,803,574 Share Price $107.47 * Est. Cost/Share $74.34 Unrealized @ Report Date +41.4%

MRK MERCK & CO INC 6.1%

Value $300M Shares 2,910,900 Share Price $102.95 * Est. Cost/Share $63.78 Unrealized @ Report Date +50.3%

AMGN AMGEN INC 6.1%

Value $298M Shares 1,110,324 Share Price $268.76 * Est. Cost/Share $179.94 Unrealized @ Report Date +39.3%

COP CONOCOPHILLIPS 5.7%

Value $279M Shares 2,332,225 Share Price $119.80 * Est. Cost/Share $60.06 Unrealized @ Report Date +86.6%

OVV OVINTIV INC 5.4%

Value $263M Shares 5,524,515 Share Price $47.57 Est. Cost/Share $48.55 Unrealized @ Report Date -2.0%

AXP AMERICAN EXPRESS CO 5.4%

Value $262M Shares 1,758,208 Share Price $149.19 * Est. Cost/Share $109.85 Unrealized @ Report Date +31.9%

SPG SIMON PPTY GROUP INC NEW 5.2%

Value $253M Shares 2,339,906 Share Price $108.03 * Est. Cost/Share $91.11 Unrealized @ Report Date +5.8%

NVR NVR INC 4.8%

Value $234M Shares 39,204 Share Price $5963.30 Est. Cost/Share $3296.80 Unrealized @ Report Date +80.9%

MAC MACERICH CO 4.6%

Value $226M Shares 20,677,213 Share Price $10.91 Est. Cost/Share $13.50 Unrealized @ Report Date —

JPM JPMORGAN CHASE & CO 4.1%

Value $200M Shares 1,381,429 Share Price $145.02 * Est. Cost/Share $93.26 Unrealized @ Report Date +47.6%

APA APA CORPORATION 3.9%

Value $189M Shares 4,609,497 Share Price $41.10 * Est. Cost/Share $35.13 Unrealized @ Report Date +6.8%

BAC BANK AMERICA CORP 3.3%

Value $163M Shares 5,969,860 Share Price $27.38 * Est. Cost/Share $26.68 Unrealized @ Report Date -3.0%

DVN DEVON ENERGY CORP NEW 3.2%

Value $156M Shares 3,264,859 Share Price $47.70 * Est. Cost/Share $47.24 Unrealized @ Report Date -6.8%

EBAY EBAY INC. 2.9%

Value $143M Shares 3,247,100 Share Price $44.09 * Est. Cost/Share $40.52 Unrealized @ Report Date +4.5%

TGT TARGET CORP 2.8%

Value $138M Shares 1,251,204 Share Price $110.57 * Est. Cost/Share $113.40 Unrealized @ Report Date -10.2%

HD HOME DEPOT INC 2.8%

Value $136M Shares 450,055 Share Price $302.16 * Est. Cost/Share $196.09 Unrealized @ Report Date +45.8%

WBD WARNER BROS DISCOVERY INC 2.6%

Value $128M Shares 11,823,222 Share Price $10.86 Est. Cost/Share $16.80 Unrealized @ Report Date -35.4%

UHAL/B U HAUL HOLDING COMPANY 2.3%

Value $111M Shares 2,116,253 Share Price $52.39 Est. Cost/Share $57.84 Unrealized @ Report Date -9.4%

CACC CREDIT ACCEP CORP MICH 1.7%

Value $84.27M Shares 183,139 Share Price $460.12 Est. Cost/Share $463.04 Unrealized @ Report Date -0.6%

QCOM QUALCOMM INC 1.7%

Value $82.44M Shares 742,346 Share Price $111.06 * Est. Cost/Share $93.00 Unrealized @ Report Date +13.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.3%

Value $64.74M Shares 184,814 Share Price $350.30 Est. Cost/Share $195.18 Unrealized @ Report Date +79.5%

PFE PFIZER INC 0.9%

Value $46.36M Shares 1,397,536 Share Price $33.17 * Est. Cost/Share $27.61 Unrealized @ Report Date +4.2%

UHAL U HAUL HOLDING COMPANY 0.6%

Value $28.92M Shares 529,912 Share Price $54.57 Est. Cost/Share $54.13 Unrealized @ Report Date +0.8%

OXY/WS OCCIDENTAL PETE CORP 0.3%

Value $13.04M Shares 301,590 Share Price $43.25 Est. Cost/Share $33.30 Unrealized @ Report Date —

CVE CENOVUS ENERGY INC 0.3%

Value $12.26M Shares 588,769 Share Price $20.82 * Est. Cost/Share $15.76 Unrealized @ Report Date +24.3%

FRO FRONTLINE PLC 0.2%

Value $8.977M Shares 487,451 Share Price $18.42 * Est. Cost/Share $12.07 Unrealized @ Report Date +36.6%

WFG WEST FRASER TIMBER CO LTD 0.1%

Value $7.157M Shares 98,579 Share Price $72.60 Est. Cost/Share $78.63 Unrealized @ Report Date -7.7%

GOOS CANADA GOOSE HLDGS INC 0.1%

Value $3.475M Shares 236,912 Share Price $14.67 Est. Cost/Share $16.32 Unrealized @ Report Date -10.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OXY	OCCIDENTAL PETE CORP	6,789,203	$440M	9.0%	$64.88 *	$36.34	+71.4%	COM	674599105
LEN	LENNAR CORP	2,911,897	$327M	6.7%	$112.23 *	$65.99	+59.3%	CL A	526057104
DHI	D R HORTON INC	2,803,574	$301M	6.1%	$107.47 *	$74.34	+41.4%	COM	23331A109
MRK	MERCK & CO INC	2,910,900	$300M	6.1%	$102.95 *	$63.78	+50.3%	COM	58933Y105
AMGN	AMGEN INC	1,110,324	$298M	6.1%	$268.76 *	$179.94	+39.3%	COM	031162100
COP	CONOCOPHILLIPS	2,332,225	$279M	5.7%	$119.80 *	$60.06	+86.6%	COM	20825C104
OVV	OVINTIV INC	5,524,515	$263M	5.4%	$47.57	$48.55	-2.0%	COM	69047Q102
AXP	AMERICAN EXPRESS CO	1,758,208	$262M	5.4%	$149.19 *	$109.85	+31.9%	COM	025816109
SPG	SIMON PPTY GROUP INC NEW	2,339,906	$253M	5.2%	$108.03 *	$91.11	+5.8%	COM	828806109
NVR	NVR INC	39,204	$234M	4.8%	$5963.30	$3296.80	+80.9%	COM	62944T105
MAC	MACERICH CO	20,677,213	$226M	4.6%	$10.91	$13.50	—	COM	554382101
JPM	JPMORGAN CHASE & CO	1,381,429	$200M	4.1%	$145.02 *	$93.26	+47.6%	COM	46625H100
APA	APA CORPORATION	4,609,497	$189M	3.9%	$41.10 *	$35.13	+6.8%	COM	03743Q108
BAC	BANK AMERICA CORP	5,969,860	$163M	3.3%	$27.38 *	$26.68	-3.0%	COM	060505104
DVN	DEVON ENERGY CORP NEW	3,264,859	$156M	3.2%	$47.70 *	$47.24	-6.8%	COM	25179M103
EBAY	EBAY INC.	3,247,100	$143M	2.9%	$44.09 *	$40.52	+4.5%	COM	278642103
TGT	TARGET CORP	1,251,204	$138M	2.8%	$110.57 *	$113.40	-10.2%	COM	87612E106
HD	HOME DEPOT INC	450,055	$136M	2.8%	$302.16 *	$196.09	+45.8%	COM	437076102
WBD	WARNER BROS DISCOVERY INC	11,823,222	$128M	2.6%	$10.86	$16.80	-35.4%	COM SER A	934423104
UHAL/B	U HAUL HOLDING COMPANY	2,116,253	$111M	2.3%	$52.39	$57.84	-9.4%	COM SER N	023586506
CACC	CREDIT ACCEP CORP MICH	183,139	$84.27M	1.7%	$460.12	$463.04	-0.6%	COM	225310101
QCOM	QUALCOMM INC	742,346	$82.44M	1.7%	$111.06 *	$93.00	+13.8%	COM	747525103
BRK/B	BERKSHIRE HATHAWAY INC DEL	184,814	$64.74M	1.3%	$350.30	$195.18	+79.5%	CL B NEW	084670702
PFE	PFIZER INC	1,397,536	$46.36M	0.9%	$33.17 *	$27.61	+4.2%	COM	717081103
UHAL	U HAUL HOLDING COMPANY	529,912	$28.92M	0.6%	$54.57	$54.13	+0.8%	COM	023586100
OXY/WS	OCCIDENTAL PETE CORP	301,590	$13.04M	0.3%	$43.25	$33.30	—	*W EXP 08/03/202	674599162
CVE	CENOVUS ENERGY INC	588,769	$12.26M	0.3%	$20.82 *	$15.76	+24.3%	COM	15135U109
FRO	FRONTLINE PLC	487,451	$8.977M	0.2%	$18.42 *	$12.07	+36.6%	COM	M46528101
WFG	WEST FRASER TIMBER CO LTD	98,579	$7.157M	0.1%	$72.60	$78.63	-7.7%	COM	952845105
GOOS	CANADA GOOSE HLDGS INC	236,912	$3.475M	0.1%	$14.67	$16.32	-10.2%	SHS SUB VTG	135086106