Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: Jul 16, 2024

Total Value: $6.41B (100.0% shares, 0.0% debt)

Holdings (32)

LEN LENNAR CORP 6.6%

Value $420M Shares 2,441,883 Share Price $171.98 * Est. Cost/Share $65.99 Unrealized @ Report Date +145.7%

OXY OCCIDENTAL PETE CORP 6.4%

Value $408M Shares 6,274,936 Share Price $64.99 * Est. Cost/Share $37.23 Unrealized @ Report Date +68.7%

MRK MERCK & CO INC 6.3%

Value $402M Shares 3,046,975 Share Price $131.95 * Est. Cost/Share $65.90 Unrealized @ Report Date +89.0%

AXP AMERICAN EXPRESS CO 6.3%

Value $401M Shares 1,760,843 Share Price $227.69 * Est. Cost/Share $114.00 Unrealized @ Report Date +95.5%

DHI D R HORTON INC 5.9%

Value $379M Shares 2,304,319 Share Price $164.55 Est. Cost/Share $74.34 Unrealized @ Report Date +117.4%

SPG SIMON PPTY GROUP INC NEW 5.9%

Value $375M Shares 2,399,145 Share Price $156.49 * Est. Cost/Share $92.84 Unrealized @ Report Date +54.6%

MAC MACERICH CO 5.0%

Value $322M Shares 18,709,363 Share Price $17.23 Est. Cost/Share $13.50 Unrealized @ Report Date —

AMGN AMGEN INC 4.8%

Value $305M Shares 1,073,851 Share Price $284.32 * Est. Cost/Share $183.89 Unrealized @ Report Date +46.5%

OVV OVINTIV INC 4.7%

Value $300M Shares 5,771,196 Share Price $51.90 Est. Cost/Share $48.42 Unrealized @ Report Date +7.2%

JPM JPMORGAN CHASE & CO 4.5%

Value $291M Shares 1,451,104 Share Price $200.30 * Est. Cost/Share $96.58 Unrealized @ Report Date +99.6%

BAC BANK AMERICA CORP 4.3%

Value $276M Shares 7,265,332 Share Price $37.92 * Est. Cost/Share $27.06 Unrealized @ Report Date +34.5%

DVN DEVON ENERGY CORP NEW 4.2%

Value $270M Shares 5,383,410 Share Price $50.18 * Est. Cost/Share $45.16 Unrealized @ Report Date +5.4%

NVR NVR INC 4.2%

Value $269M Shares 33,161 Share Price $8099.96 Est. Cost/Share $3296.80 Unrealized @ Report Date +145.7%

APA APA CORPORATION 4.2%

Value $267M Shares 7,759,287 Share Price $34.38 * Est. Cost/Share $33.19 Unrealized @ Report Date -4.1%

COP CONOCOPHILLIPS 4.0%

Value $256M Shares 2,011,508 Share Price $127.28 * Est. Cost/Share $62.00 Unrealized @ Report Date +94.4%

TGT TARGET CORP 3.2%

Value $202M Shares 1,139,865 Share Price $177.21 * Est. Cost/Share $114.48 Unrealized @ Report Date +45.0%

HD HOME DEPOT INC 2.8%

Value $181M Shares 472,616 Share Price $383.60 * Est. Cost/Share $202.34 Unrealized @ Report Date +81.6%

EBAY EBAY INC. 2.8%

Value $180M Shares 3,411,153 Share Price $52.78 * Est. Cost/Share $40.66 Unrealized @ Report Date +26.1%

UHAL/B U HAUL HOLDING COMPANY 2.3%

Value $145M Shares 2,176,140 Share Price $66.68 Est. Cost/Share $58.14 Unrealized @ Report Date +14.7%

QCOM QUALCOMM INC 2.1%

Value $132M Shares 779,802 Share Price $169.30 * Est. Cost/Share $95.29 Unrealized @ Report Date +71.3%

CACC CREDIT ACCEP CORP MICH 1.6%

Value $105M Shares 190,279 Share Price $551.55 Est. Cost/Share $466.54 Unrealized @ Report Date +18.2%

CVE CENOVUS ENERGY INC 1.3%

Value $86.44M Shares 4,322,101 Share Price $20.00 * Est. Cost/Share $16.14 Unrealized @ Report Date +18.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.3%

Value $81.61M Shares 194,074 Share Price $420.52 Est. Cost/Share $203.30 Unrealized @ Report Date +106.8%

WAL WESTERN ALLIANCE BANCORP 1.2%

Value $79.35M Shares 1,236,204 Share Price $64.19 * Est. Cost/Share $48.54 Unrealized @ Report Date +27.3%

FITB FIFTH THIRD BANCORP 1.2%

Value $75.77M Shares 2,036,276 Share Price $37.21 * Est. Cost/Share $25.82 Unrealized @ Report Date +35.3%

MTB M & T BK CORP 1.0%

Value $65.76M Shares 452,126 Share Price $145.44 * Est. Cost/Share $117.85 Unrealized @ Report Date +17.1%

WBD WARNER BROS DISCOVERY INC 0.9%

Value $57.64M Shares 6,602,461 Share Price $8.73 Est. Cost/Share $16.80 Unrealized @ Report Date -48.0%

UHAL U HAUL HOLDING COMPANY 0.6%

Value $36.98M Shares 547,554 Share Price $67.54 Est. Cost/Share $54.41 Unrealized @ Report Date +24.1%

FRO FRONTLINE PLC 0.2%

Value $13.99M Shares 614,726 Share Price $22.76 * Est. Cost/Share $13.71 Unrealized @ Report Date +54.6%

OXY/WS OCCIDENTAL PETE CORP 0.2%

Value $12.14M Shares 281,600 Share Price $43.10 Est. Cost/Share $33.45 Unrealized @ Report Date —

WFG WEST FRASER TIMBER CO LTD 0.2%

Value $10.73M Shares 124,170 Share Price $86.38 Est. Cost/Share $79.11 Unrealized @ Report Date +9.3%

GOOS CANADA GOOSE HLDGS INC 0.1%

Value $3.6M Shares 298,533 Share Price $12.06 Est. Cost/Share $15.50 Unrealized @ Report Date -22.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LEN	LENNAR CORP	2,441,883	$420M	6.6%	$171.98 *	$65.99	+145.7%	CL A	526057104
OXY	OCCIDENTAL PETE CORP	6,274,936	$408M	6.4%	$64.99 *	$37.23	+68.7%	COM	674599105
MRK	MERCK & CO INC	3,046,975	$402M	6.3%	$131.95 *	$65.90	+89.0%	COM	58933Y105
AXP	AMERICAN EXPRESS CO	1,760,843	$401M	6.3%	$227.69 *	$114.00	+95.5%	COM	025816109
DHI	D R HORTON INC	2,304,319	$379M	5.9%	$164.55	$74.34	+117.4%	COM	23331A109
SPG	SIMON PPTY GROUP INC NEW	2,399,145	$375M	5.9%	$156.49 *	$92.84	+54.6%	COM	828806109
MAC	MACERICH CO	18,709,363	$322M	5.0%	$17.23	$13.50	—	COM	554382101
AMGN	AMGEN INC	1,073,851	$305M	4.8%	$284.32 *	$183.89	+46.5%	COM	031162100
OVV	OVINTIV INC	5,771,196	$300M	4.7%	$51.90	$48.42	+7.2%	COM	69047Q102
JPM	JPMORGAN CHASE & CO	1,451,104	$291M	4.5%	$200.30 *	$96.58	+99.6%	COM	46625H100
BAC	BANK AMERICA CORP	7,265,332	$276M	4.3%	$37.92 *	$27.06	+34.5%	COM	060505104
DVN	DEVON ENERGY CORP NEW	5,383,410	$270M	4.2%	$50.18 *	$45.16	+5.4%	COM	25179M103
NVR	NVR INC	33,161	$269M	4.2%	$8099.96	$3296.80	+145.7%	COM	62944T105
APA	APA CORPORATION	7,759,287	$267M	4.2%	$34.38 *	$33.19	-4.1%	COM	03743Q108
COP	CONOCOPHILLIPS	2,011,508	$256M	4.0%	$127.28 *	$62.00	+94.4%	COM	20825C104
TGT	TARGET CORP	1,139,865	$202M	3.2%	$177.21 *	$114.48	+45.0%	COM	87612E106
HD	HOME DEPOT INC	472,616	$181M	2.8%	$383.60 *	$202.34	+81.6%	COM	437076102
EBAY	EBAY INC.	3,411,153	$180M	2.8%	$52.78 *	$40.66	+26.1%	COM	278642103
UHAL/B	U HAUL HOLDING COMPANY	2,176,140	$145M	2.3%	$66.68	$58.14	+14.7%	COM SER N	023586506
QCOM	QUALCOMM INC	779,802	$132M	2.1%	$169.30 *	$95.29	+71.3%	COM	747525103
CACC	CREDIT ACCEP CORP MICH	190,279	$105M	1.6%	$551.55	$466.54	+18.2%	COM	225310101
CVE	CENOVUS ENERGY INC	4,322,101	$86.44M	1.3%	$20.00 *	$16.14	+18.0%	COM	15135U109
BRK/B	BERKSHIRE HATHAWAY INC DEL	194,074	$81.61M	1.3%	$420.52	$203.30	+106.8%	CL B NEW	084670702
WAL	WESTERN ALLIANCE BANCORP	1,236,204	$79.35M	1.2%	$64.19 *	$48.54	+27.3%	COM	957638109
FITB	FIFTH THIRD BANCORP	2,036,276	$75.77M	1.2%	$37.21 *	$25.82	+35.3%	COM	316773100
MTB	M & T BK CORP	452,126	$65.76M	1.0%	$145.44 *	$117.85	+17.1%	COM	55261F104
WBD	WARNER BROS DISCOVERY INC	6,602,461	$57.64M	0.9%	$8.73	$16.80	-48.0%	COM SER A	934423104
UHAL	U HAUL HOLDING COMPANY	547,554	$36.98M	0.6%	$67.54	$54.41	+24.1%	COM	023586100
FRO	FRONTLINE PLC	614,726	$13.99M	0.2%	$22.76 *	$13.71	+54.6%	COM	M46528101
OXY/WS	OCCIDENTAL PETE CORP	281,600	$12.14M	0.2%	$43.10	$33.45	—	*W EXP 08/03/202	674599162
WFG	WEST FRASER TIMBER CO LTD	124,170	$10.73M	0.2%	$86.38	$79.11	+9.3%	COM	952845105
GOOS	CANADA GOOSE HLDGS INC	298,533	$3.6M	0.1%	$12.06	$15.50	-22.2%	SHS SUB VTG	135086106