Smead Capital Management, Inc. Long-Term Concentrated

CIK: 0001427008 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Jan 31, 2024

Total Value ($000): $5,584,385 (100.0% shares, 0.0% debt)

Holdings (33)

LEN LENNAR CORP 7.2%

Value ($000) $404,170 Shares 2,711,820 Est. Cost $65.99 Unrealized +77.1%

DHI D R HORTON INC 7.1%

Value ($000) $395,478 Shares 2,602,172 Est. Cost $74.34 Unrealized +62.2%

OXY OCCIDENTAL PETE CORP 6.4%

Value ($000) $359,029 Shares 6,012,879 Est. Cost $36.34 Unrealized +61.3%

SPG SIMON PPTY GROUP INC NEW 5.9%

Value ($000) $328,211 Shares 2,300,976 Est. Cost $91.11 Unrealized +18.9%

MRK MERCK & CO INC 5.7%

Value ($000) $318,608 Shares 2,922,472 Est. Cost $63.78 Unrealized +51.8%

MAC MACERICH CO 5.7%

Value ($000) $316,379 Shares 20,504,170 Est. Cost $13.50 Unrealized —

AXP AMERICAN EXPRESS CO 5.6%

Value ($000) $315,155 Shares 1,682,262 Est. Cost $109.85 Unrealized +42.9%

AMGN AMGEN INC 5.3%

Value ($000) $296,594 Shares 1,029,768 Est. Cost $179.94 Unrealized +41.8%

NVR NVR INC 4.9%

Value ($000) $276,385 Shares 39,481 Est. Cost $3296.80 Unrealized +87.1%

OVV OVINTIV INC 4.3%

Value ($000) $242,636 Shares 5,524,510 Est. Cost $48.55 Unrealized -6.0%

JPM JPMORGAN CHASE & CO 4.2%

Value ($000) $236,645 Shares 1,391,211 Est. Cost $93.26 Unrealized +55.4%

BAC BANK AMERICA CORP 4.2%

Value ($000) $234,476 Shares 6,963,932 Est. Cost $26.82 Unrealized +3.0%

COP CONOCOPHILLIPS 4.0%

Value ($000) $223,954 Shares 1,929,476 Est. Cost $60.06 Unrealized +82.7%

APA APA CORPORATION 3.4%

Value ($000) $187,866 Shares 5,235,957 Est. Cost $35.07 Unrealized -1.3%

DVN DEVON ENERGY CORP NEW 3.1%

Value ($000) $172,652 Shares 3,811,292 Est. Cost $46.55 Unrealized -8.9%

HD HOME DEPOT INC 2.8%

Value ($000) $157,065 Shares 453,225 Est. Cost $196.09 Unrealized +49.8%

TGT TARGET CORP 2.8%

Value ($000) $156,168 Shares 1,096,533 Est. Cost $113.40 Unrealized -0.3%

UHAL/B U HAUL HOLDING COMPANY 2.6%

Value ($000) $146,339 Shares 2,077,500 Est. Cost $57.84 Unrealized -5.9%

EBAY EBAY INC. 2.6%

Value ($000) $142,640 Shares 3,270,059 Est. Cost $40.52 Unrealized -1.7%

WBD WARNER BROS DISCOVERY INC 2.0%

Value ($000) $114,003 Shares 10,017,847 Est. Cost $16.80 Unrealized -35.8%

QCOM QUALCOMM INC 1.9%

Value ($000) $108,122 Shares 747,576 Est. Cost $93.00 Unrealized +27.2%

CACC CREDIT ACCEP CORP MICH 1.7%

Value ($000) $97,216 Shares 182,486 Est. Cost $463.04 Unrealized -2.9%

WAL WESTERN ALLIANCE BANCORP 1.4%

Value ($000) $77,957 Shares 1,184,936 Est. Cost $48.09 Unrealized 0.0%

FITB FIFTH THIRD BANCORP 1.2%

Value ($000) $67,354 Shares 1,952,849 Est. Cost $25.54 Unrealized 0.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.2%

Value ($000) $66,382 Shares 186,121 Est. Cost $195.18 Unrealized +79.8%

MTB M & T BK CORP 1.1%

Value ($000) $59,418 Shares 433,456 Est. Cost $117.30 Unrealized 0.0%

UHAL U HAUL HOLDING COMPANY 0.7%

Value ($000) $38,384 Shares 534,592 Est. Cost $54.13 Unrealized +4.8%

OXY/WS OCCIDENTAL PETE CORP 0.2%

Value ($000) $12,062 Shares 309,850 Est. Cost $33.45 Unrealized —

CVE CENOVUS ENERGY INC 0.2%

Value ($000) $10,080 Shares 604,903 Est. Cost $15.80 Unrealized +9.2%

FRO FRONTLINE PLC 0.2%

Value ($000) $10,002 Shares 500,827 Est. Cost $12.23 Unrealized +48.8%

WFG WEST FRASER TIMBER CO LTD 0.2%

Value ($000) $8,665 Shares 101,280 Est. Cost $78.51 Unrealized -5.7%

GOOS CANADA GOOSE HLDGS INC 0.1%

Value ($000) $2,891 Shares 243,404 Est. Cost $16.20 Unrealized -27.0%

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $1,399 Shares 2,944 Est. Cost $475.31 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LEN	LENNAR CORP	2,711,820	$404,170	7.2%	$65.99	+77.1%	CL A	526057104
DHI	D R HORTON INC	2,602,172	$395,478	7.1%	$74.34	+62.2%	COM	23331A109
OXY	OCCIDENTAL PETE CORP	6,012,879	$359,029	6.4%	$36.34	+61.3%	COM	674599105
SPG	SIMON PPTY GROUP INC NEW	2,300,976	$328,211	5.9%	$91.11	+18.9%	COM	828806109
MRK	MERCK & CO INC	2,922,472	$318,608	5.7%	$63.78	+51.8%	COM	58933Y105
MAC	MACERICH CO	20,504,170	$316,379	5.7%	$13.50	—	COM	554382101
AXP	AMERICAN EXPRESS CO	1,682,262	$315,155	5.6%	$109.85	+42.9%	COM	025816109
AMGN	AMGEN INC	1,029,768	$296,594	5.3%	$179.94	+41.8%	COM	031162100
NVR	NVR INC	39,481	$276,385	4.9%	$3296.80	+87.1%	COM	62944T105
OVV	OVINTIV INC	5,524,510	$242,636	4.3%	$48.55	-6.0%	COM	69047Q102
JPM	JPMORGAN CHASE & CO	1,391,211	$236,645	4.2%	$93.26	+55.4%	COM	46625H100
BAC	BANK AMERICA CORP	6,963,932	$234,476	4.2%	$26.82	+3.0%	COM	060505104
COP	CONOCOPHILLIPS	1,929,476	$223,954	4.0%	$60.06	+82.7%	COM	20825C104
APA	APA CORPORATION	5,235,957	$187,866	3.4%	$35.07	-1.3%	COM	03743Q108
DVN	DEVON ENERGY CORP NEW	3,811,292	$172,652	3.1%	$46.55	-8.9%	COM	25179M103
HD	HOME DEPOT INC	453,225	$157,065	2.8%	$196.09	+49.8%	COM	437076102
TGT	TARGET CORP	1,096,533	$156,168	2.8%	$113.40	-0.3%	COM	87612E106
UHAL/B	U HAUL HOLDING COMPANY	2,077,500	$146,339	2.6%	$57.84	-5.9%	COM SER N	023586506
EBAY	EBAY INC.	3,270,059	$142,640	2.6%	$40.52	-1.7%	COM	278642103
WBD	WARNER BROS DISCOVERY INC	10,017,847	$114,003	2.0%	$16.80	-35.8%	COM SER A	934423104
QCOM	QUALCOMM INC	747,576	$108,122	1.9%	$93.00	+27.2%	COM	747525103
CACC	CREDIT ACCEP CORP MICH	182,486	$97,216	1.7%	$463.04	-2.9%	COM	225310101
WAL	WESTERN ALLIANCE BANCORP	1,184,936	$77,957	1.4%	$48.09	0.0%	COM	957638109
FITB	FIFTH THIRD BANCORP	1,952,849	$67,354	1.2%	$25.54	0.0%	COM	316773100
BRK/B	BERKSHIRE HATHAWAY INC DEL	186,121	$66,382	1.2%	$195.18	+79.8%	CL B NEW	084670702
MTB	M & T BK CORP	433,456	$59,418	1.1%	$117.30	0.0%	COM	55261F104
UHAL	U HAUL HOLDING COMPANY	534,592	$38,384	0.7%	$54.13	+4.8%	COM	023586100
OXY/WS	OCCIDENTAL PETE CORP	309,850	$12,062	0.2%	$33.45	—	*W EXP 08/03/202	674599162
CVE	CENOVUS ENERGY INC	604,903	$10,080	0.2%	$15.80	+9.2%	COM	15135U109
FRO	FRONTLINE PLC	500,827	$10,002	0.2%	$12.23	+48.8%	COM	M46528101
WFG	WEST FRASER TIMBER CO LTD	101,280	$8,665	0.2%	$78.51	-5.7%	COM	952845105
GOOS	CANADA GOOSE HLDGS INC	243,404	$2,891	0.1%	$16.20	-27.0%	SHS SUB VTG	135086106
SPY	SPDR S&P 500 ETF TR	2,944	$1,399	0.0%	$475.31	—	TR UNIT	78462F103