Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Jan 31, 2024

Total Value: $5.584B (100.0% shares, 0.0% debt)

Holdings (33)

LEN LENNAR CORP 7.2%

Value $404M Shares 2,711,820 Share Price $149.04 * Est. Cost/Share $65.99 Unrealized @ Report Date +112.2%

DHI D R HORTON INC 7.1%

Value $395M Shares 2,602,172 Share Price $151.98 Est. Cost/Share $74.34 Unrealized @ Report Date +100.4%

OXY OCCIDENTAL PETE CORP 6.4%

Value $359M Shares 6,012,879 Share Price $59.71 * Est. Cost/Share $36.34 Unrealized @ Report Date +58.2%

SPG SIMON PPTY GROUP INC NEW 5.9%

Value $328M Shares 2,300,976 Share Price $142.64 * Est. Cost/Share $91.11 Unrealized @ Report Date +41.7%

MRK MERCK & CO INC 5.7%

Value $319M Shares 2,922,472 Share Price $109.02 * Est. Cost/Share $63.78 Unrealized @ Report Date +60.4%

MAC MACERICH CO 5.7%

Value $316M Shares 20,504,170 Share Price $15.43 Est. Cost/Share $13.50 Unrealized @ Report Date —

AXP AMERICAN EXPRESS CO 5.6%

Value $315M Shares 1,682,262 Share Price $187.34 * Est. Cost/Share $109.85 Unrealized @ Report Date +66.4%

AMGN AMGEN INC 5.3%

Value $297M Shares 1,029,768 Share Price $288.02 * Est. Cost/Share $179.94 Unrealized @ Report Date +50.5%

NVR NVR INC 4.9%

Value $276M Shares 39,481 Share Price $7000.45 Est. Cost/Share $3296.80 Unrealized @ Report Date +112.3%

OVV OVINTIV INC 4.3%

Value $243M Shares 5,524,510 Share Price $43.92 Est. Cost/Share $48.55 Unrealized @ Report Date -9.5%

JPM JPMORGAN CHASE & CO 4.2%

Value $237M Shares 1,391,211 Share Price $170.10 * Est. Cost/Share $93.26 Unrealized @ Report Date +74.4%

BAC BANK AMERICA CORP 4.2%

Value $234M Shares 6,963,932 Share Price $33.67 * Est. Cost/Share $26.82 Unrealized @ Report Date +19.7%

COP CONOCOPHILLIPS 4.0%

Value $224M Shares 1,929,476 Share Price $116.07 * Est. Cost/Share $60.06 Unrealized @ Report Date +81.7%

APA APA CORPORATION 3.4%

Value $188M Shares 5,235,957 Share Price $35.88 * Est. Cost/Share $35.07 Unrealized @ Report Date -6.0%

DVN DEVON ENERGY CORP NEW 3.1%

Value $173M Shares 3,811,292 Share Price $45.30 * Est. Cost/Share $46.55 Unrealized @ Report Date -8.5%

HD HOME DEPOT INC 2.8%

Value $157M Shares 453,225 Share Price $346.55 * Est. Cost/Share $196.09 Unrealized @ Report Date +68.3%

TGT TARGET CORP 2.8%

Value $156M Shares 1,096,533 Share Price $142.42 * Est. Cost/Share $113.40 Unrealized @ Report Date +16.8%

UHAL/B U HAUL HOLDING COMPANY 2.6%

Value $146M Shares 2,077,500 Share Price $70.44 Est. Cost/Share $57.84 Unrealized @ Report Date +21.8%

EBAY EBAY INC. 2.6%

Value $143M Shares 3,270,059 Share Price $43.62 * Est. Cost/Share $40.52 Unrealized @ Report Date +4.0%

WBD WARNER BROS DISCOVERY INC 2.0%

Value $114M Shares 10,017,847 Share Price $11.38 Est. Cost/Share $16.80 Unrealized @ Report Date -32.3%

QCOM QUALCOMM INC 1.9%

Value $108M Shares 747,576 Share Price $144.63 * Est. Cost/Share $93.00 Unrealized @ Report Date +49.2%

CACC CREDIT ACCEP CORP MICH 1.7%

Value $97.22M Shares 182,486 Share Price $532.73 Est. Cost/Share $463.04 Unrealized @ Report Date +15.1%

WAL WESTERN ALLIANCE BANCORP 1.4%

Value $77.96M Shares 1,184,936 Share Price $65.79 * Est. Cost/Share $48.09 Unrealized @ Report Date +30.9%

FITB FIFTH THIRD BANCORP 1.2%

Value $67.35M Shares 1,952,849 Share Price $34.49 * Est. Cost/Share $25.54 Unrealized @ Report Date +25.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.2%

Value $66.38M Shares 186,121 Share Price $356.66 Est. Cost/Share $195.18 Unrealized @ Report Date +82.7%

MTB M & T BK CORP 1.1%

Value $59.42M Shares 433,456 Share Price $137.08 * Est. Cost/Share $117.30 Unrealized @ Report Date +9.8%

UHAL U HAUL HOLDING COMPANY 0.7%

Value $38.38M Shares 534,592 Share Price $71.80 Est. Cost/Share $54.13 Unrealized @ Report Date +32.7%

OXY/WS OCCIDENTAL PETE CORP 0.2%

Value $12.06M Shares 309,850 Share Price $38.93 Est. Cost/Share $33.45 Unrealized @ Report Date —

CVE CENOVUS ENERGY INC 0.2%

Value $10.08M Shares 604,903 Share Price $16.66 * Est. Cost/Share $15.80 Unrealized @ Report Date -0.2%

FRO FRONTLINE PLC 0.2%

Value $10M Shares 500,827 Share Price $19.97 * Est. Cost/Share $12.23 Unrealized @ Report Date +46.2%

WFG WEST FRASER TIMBER CO LTD 0.2%

Value $8.665M Shares 101,280 Share Price $85.55 Est. Cost/Share $78.51 Unrealized @ Report Date +9.0%

GOOS CANADA GOOSE HLDGS INC 0.1%

Value $2.891M Shares 243,404 Share Price $11.88 Est. Cost/Share $16.20 Unrealized @ Report Date -26.8%

SPY SPDR S&P 500 ETF TR 0.0%

Value $1.399M Shares 2,944 Share Price $475.31 Est. Cost/Share $445.46 Unrealized @ Report Date +6.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LEN	LENNAR CORP	2,711,820	$404M	7.2%	$149.04 *	$65.99	+112.2%	CL A	526057104
DHI	D R HORTON INC	2,602,172	$395M	7.1%	$151.98	$74.34	+100.4%	COM	23331A109
OXY	OCCIDENTAL PETE CORP	6,012,879	$359M	6.4%	$59.71 *	$36.34	+58.2%	COM	674599105
SPG	SIMON PPTY GROUP INC NEW	2,300,976	$328M	5.9%	$142.64 *	$91.11	+41.7%	COM	828806109
MRK	MERCK & CO INC	2,922,472	$319M	5.7%	$109.02 *	$63.78	+60.4%	COM	58933Y105
MAC	MACERICH CO	20,504,170	$316M	5.7%	$15.43	$13.50	—	COM	554382101
AXP	AMERICAN EXPRESS CO	1,682,262	$315M	5.6%	$187.34 *	$109.85	+66.4%	COM	025816109
AMGN	AMGEN INC	1,029,768	$297M	5.3%	$288.02 *	$179.94	+50.5%	COM	031162100
NVR	NVR INC	39,481	$276M	4.9%	$7000.45	$3296.80	+112.3%	COM	62944T105
OVV	OVINTIV INC	5,524,510	$243M	4.3%	$43.92	$48.55	-9.5%	COM	69047Q102
JPM	JPMORGAN CHASE & CO	1,391,211	$237M	4.2%	$170.10 *	$93.26	+74.4%	COM	46625H100
BAC	BANK AMERICA CORP	6,963,932	$234M	4.2%	$33.67 *	$26.82	+19.7%	COM	060505104
COP	CONOCOPHILLIPS	1,929,476	$224M	4.0%	$116.07 *	$60.06	+81.7%	COM	20825C104
APA	APA CORPORATION	5,235,957	$188M	3.4%	$35.88 *	$35.07	-6.0%	COM	03743Q108
DVN	DEVON ENERGY CORP NEW	3,811,292	$173M	3.1%	$45.30 *	$46.55	-8.5%	COM	25179M103
HD	HOME DEPOT INC	453,225	$157M	2.8%	$346.55 *	$196.09	+68.3%	COM	437076102
TGT	TARGET CORP	1,096,533	$156M	2.8%	$142.42 *	$113.40	+16.8%	COM	87612E106
UHAL/B	U HAUL HOLDING COMPANY	2,077,500	$146M	2.6%	$70.44	$57.84	+21.8%	COM SER N	023586506
EBAY	EBAY INC.	3,270,059	$143M	2.6%	$43.62 *	$40.52	+4.0%	COM	278642103
WBD	WARNER BROS DISCOVERY INC	10,017,847	$114M	2.0%	$11.38	$16.80	-32.3%	COM SER A	934423104
QCOM	QUALCOMM INC	747,576	$108M	1.9%	$144.63 *	$93.00	+49.2%	COM	747525103
CACC	CREDIT ACCEP CORP MICH	182,486	$97.22M	1.7%	$532.73	$463.04	+15.1%	COM	225310101
WAL	WESTERN ALLIANCE BANCORP	1,184,936	$77.96M	1.4%	$65.79 *	$48.09	+30.9%	COM	957638109
FITB	FIFTH THIRD BANCORP	1,952,849	$67.35M	1.2%	$34.49 *	$25.54	+25.5%	COM	316773100
BRK/B	BERKSHIRE HATHAWAY INC DEL	186,121	$66.38M	1.2%	$356.66	$195.18	+82.7%	CL B NEW	084670702
MTB	M & T BK CORP	433,456	$59.42M	1.1%	$137.08 *	$117.30	+9.8%	COM	55261F104
UHAL	U HAUL HOLDING COMPANY	534,592	$38.38M	0.7%	$71.80	$54.13	+32.7%	COM	023586100
OXY/WS	OCCIDENTAL PETE CORP	309,850	$12.06M	0.2%	$38.93	$33.45	—	*W EXP 08/03/202	674599162
CVE	CENOVUS ENERGY INC	604,903	$10.08M	0.2%	$16.66 *	$15.80	-0.2%	COM	15135U109
FRO	FRONTLINE PLC	500,827	$10M	0.2%	$19.97 *	$12.23	+46.2%	COM	M46528101
WFG	WEST FRASER TIMBER CO LTD	101,280	$8.665M	0.2%	$85.55	$78.51	+9.0%	COM	952845105
GOOS	CANADA GOOSE HLDGS INC	243,404	$2.891M	0.1%	$11.88	$16.20	-26.8%	SHS SUB VTG	135086106
SPY	SPDR S&P 500 ETF TR	2,944	$1.399M	0.0%	$475.31	$445.46	+6.7%	TR UNIT	78462F103