Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 9, 2024

Total Value: $6.405B (100.0% shares, 0.0% debt)

Holdings (32)

OXY OCCIDENTAL PETE CORP 6.4%

Value $410M Shares 6,506,257 Share Price $63.03 * Est. Cost/Share $38.11 Unrealized @ Report Date +60.4%

LEN LENNAR CORP 6.0%

Value $386M Shares 2,577,009 Share Price $149.87 * Est. Cost/Share $70.32 Unrealized @ Report Date +101.6%

SPG SIMON PPTY GROUP INC NEW 6.0%

Value $384M Shares 2,531,977 Share Price $151.80 * Est. Cost/Share $95.08 Unrealized @ Report Date +48.3%

MRK MERCK & CO INC 5.7%

Value $366M Shares 2,958,823 Share Price $123.80 * Est. Cost/Share $65.90 Unrealized @ Report Date +78.4%

AXP AMERICAN EXPRESS CO 5.7%

Value $365M Shares 1,574,522 Share Price $231.55 Est. Cost/Share $114.00 Unrealized @ Report Date +99.4%

AMGN AMGEN INC 5.5%

Value $354M Shares 1,133,307 Share Price $312.45 * Est. Cost/Share $188.89 Unrealized @ Report Date +57.8%

DHI D R HORTON INC 5.4%

Value $343M Shares 2,431,838 Share Price $140.93 Est. Cost/Share $78.01 Unrealized @ Report Date +77.8%

BAC BANK AMERICA CORP 4.8%

Value $305M Shares 7,667,603 Share Price $39.77 * Est. Cost/Share $27.58 Unrealized @ Report Date +39.3%

MAC MACERICH CO 4.8%

Value $305M Shares 19,744,659 Share Price $15.44 Est. Cost/Share $13.60 Unrealized @ Report Date —

OVV OVINTIV INC 4.5%

Value $285M Shares 6,090,668 Share Price $46.87 Est. Cost/Share $48.52 Unrealized @ Report Date -3.4%

JPM JPMORGAN CHASE & CO. 4.3%

Value $275M Shares 1,361,980 Share Price $202.26 * Est. Cost/Share $96.58 Unrealized @ Report Date +102.7%

APA APA CORPORATION 4.3%

Value $275M Shares 9,341,410 Share Price $29.44 * Est. Cost/Share $32.45 Unrealized @ Report Date -15.4%

DVN DEVON ENERGY CORP NEW 4.2%

Value $269M Shares 5,681,323 Share Price $47.40 * Est. Cost/Share $45.27 Unrealized @ Report Date +0.1%

NVR NVR INC 4.1%

Value $266M Shares 34,995 Share Price $7588.56 Est. Cost/Share $3524.79 Unrealized @ Report Date +115.3%

COP CONOCOPHILLIPS 3.8%

Value $243M Shares 2,122,839 Share Price $114.38 * Est. Cost/Share $64.80 Unrealized @ Report Date +68.2%

CVE CENOVUS ENERGY INC 3.4%

Value $217M Shares 11,064,186 Share Price $19.66 * Est. Cost/Share $18.08 Unrealized @ Report Date +4.8%

EBAY EBAY INC. 3.0%

Value $193M Shares 3,600,052 Share Price $53.72 * Est. Cost/Share $41.19 Unrealized @ Report Date +27.3%

TGT TARGET CORP 2.8%

Value $178M Shares 1,202,534 Share Price $148.04 * Est. Cost/Share $116.23 Unrealized @ Report Date +20.2%

HD HOME DEPOT INC 2.7%

Value $172M Shares 498,788 Share Price $344.24 * Est. Cost/Share $208.91 Unrealized @ Report Date +59.0%

UHAL/B U HAUL HOLDING COMPANY 2.2%

Value $140M Shares 2,327,119 Share Price $60.02 Est. Cost/Share $58.45 Unrealized @ Report Date +2.7%

QCOM QUALCOMM INC 2.1%

Value $132M Shares 664,319 Share Price $199.18 * Est. Cost/Share $95.29 Unrealized @ Report Date +102.3%

CACC CREDIT ACCEP CORP MICH 1.6%

Value $103M Shares 200,816 Share Price $514.68 Est. Cost/Share $468.79 Unrealized @ Report Date +9.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.3%

Value $83.32M Shares 204,821 Share Price $406.80 Est. Cost/Share $214.07 Unrealized @ Report Date +90.0%

WAL WESTERN ALLIANCE BANCORP 1.3%

Value $81.96M Shares 1,304,652 Share Price $62.82 * Est. Cost/Share $49.05 Unrealized @ Report Date +24.0%

FITB FIFTH THIRD BANCORP 1.2%

Value $78.42M Shares 2,149,023 Share Price $36.49 * Est. Cost/Share $26.27 Unrealized @ Report Date +31.7%

MTB M & T BK CORP 1.1%

Value $72.22M Shares 477,160 Share Price $151.36 * Est. Cost/Share $118.96 Unrealized @ Report Date +21.8%

WBD WARNER BROS DISCOVERY INC 0.8%

Value $51.84M Shares 6,967,843 Share Price $7.44 Est. Cost/Share $16.34 Unrealized @ Report Date -54.5%

UHAL U HAUL HOLDING COMPANY 0.5%

Value $33.79M Shares 547,402 Share Price $61.73 Est. Cost/Share $54.41 Unrealized @ Report Date +13.5%

FRO FRONTLINE PLC 0.3%

Value $16.71M Shares 638,050 Share Price $26.19 * Est. Cost/Share $14.05 Unrealized @ Report Date +70.3%

WFG WEST FRASER TIMBER CO LTD 0.1%

Value $8.63M Shares 112,365 Share Price $76.81 Est. Cost/Share $79.11 Unrealized @ Report Date -2.8%

OXY/WS OCCIDENTAL PETE CORP 0.1%

Value $6.655M Shares 161,688 Share Price $41.16 Est. Cost/Share $33.45 Unrealized @ Report Date —

GOOS CANADA GOOSE HLDGS INC 0.1%

Value $4.007M Shares 309,861 Share Price $12.93 Est. Cost/Share $15.39 Unrealized @ Report Date -16.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OXY	OCCIDENTAL PETE CORP	6,506,257	$410M	6.4%	$63.03 *	$38.11	+60.4%	COM	674599105
LEN	LENNAR CORP	2,577,009	$386M	6.0%	$149.87 *	$70.32	+101.6%	CL A	526057104
SPG	SIMON PPTY GROUP INC NEW	2,531,977	$384M	6.0%	$151.80 *	$95.08	+48.3%	COM	828806109
MRK	MERCK & CO INC	2,958,823	$366M	5.7%	$123.80 *	$65.90	+78.4%	COM	58933Y105
AXP	AMERICAN EXPRESS CO	1,574,522	$365M	5.7%	$231.55	$114.00	+99.4%	COM	025816109
AMGN	AMGEN INC	1,133,307	$354M	5.5%	$312.45 *	$188.89	+57.8%	COM	031162100
DHI	D R HORTON INC	2,431,838	$343M	5.4%	$140.93	$78.01	+77.8%	COM	23331A109
BAC	BANK AMERICA CORP	7,667,603	$305M	4.8%	$39.77 *	$27.58	+39.3%	COM	060505104
MAC	MACERICH CO	19,744,659	$305M	4.8%	$15.44	$13.60	—	COM	554382101
OVV	OVINTIV INC	6,090,668	$285M	4.5%	$46.87	$48.52	-3.4%	COM	69047Q102
JPM	JPMORGAN CHASE & CO.	1,361,980	$275M	4.3%	$202.26 *	$96.58	+102.7%	COM	46625H100
APA	APA CORPORATION	9,341,410	$275M	4.3%	$29.44 *	$32.45	-15.4%	COM	03743Q108
DVN	DEVON ENERGY CORP NEW	5,681,323	$269M	4.2%	$47.40 *	$45.27	+0.1%	COM	25179M103
NVR	NVR INC	34,995	$266M	4.1%	$7588.56	$3524.79	+115.3%	COM	62944T105
COP	CONOCOPHILLIPS	2,122,839	$243M	3.8%	$114.38 *	$64.80	+68.2%	COM	20825C104
CVE	CENOVUS ENERGY INC	11,064,186	$217M	3.4%	$19.66 *	$18.08	+4.8%	COM	15135U109
EBAY	EBAY INC.	3,600,052	$193M	3.0%	$53.72 *	$41.19	+27.3%	COM	278642103
TGT	TARGET CORP	1,202,534	$178M	2.8%	$148.04 *	$116.23	+20.2%	COM	87612E106
HD	HOME DEPOT INC	498,788	$172M	2.7%	$344.24 *	$208.91	+59.0%	COM	437076102
UHAL/B	U HAUL HOLDING COMPANY	2,327,119	$140M	2.2%	$60.02	$58.45	+2.7%	COM SER N	023586506
QCOM	QUALCOMM INC	664,319	$132M	2.1%	$199.18 *	$95.29	+102.3%	COM	747525103
CACC	CREDIT ACCEP CORP MICH	200,816	$103M	1.6%	$514.68	$468.79	+9.8%	COM	225310101
BRK/B	BERKSHIRE HATHAWAY INC DEL	204,821	$83.32M	1.3%	$406.80	$214.07	+90.0%	CL B NEW	084670702
WAL	WESTERN ALLIANCE BANCORP	1,304,652	$81.96M	1.3%	$62.82 *	$49.05	+24.0%	COM	957638109
FITB	FIFTH THIRD BANCORP	2,149,023	$78.42M	1.2%	$36.49 *	$26.27	+31.7%	COM	316773100
MTB	M & T BK CORP	477,160	$72.22M	1.1%	$151.36 *	$118.96	+21.8%	COM	55261F104
WBD	WARNER BROS DISCOVERY INC	6,967,843	$51.84M	0.8%	$7.44	$16.34	-54.5%	COM SER A	934423104
UHAL	U HAUL HOLDING COMPANY	547,402	$33.79M	0.5%	$61.73	$54.41	+13.5%	COM	023586100
FRO	FRONTLINE PLC	638,050	$16.71M	0.3%	$26.19 *	$14.05	+70.3%	COM	M46528101
WFG	WEST FRASER TIMBER CO LTD	112,365	$8.63M	0.1%	$76.81	$79.11	-2.8%	COM	952845105
OXY/WS	OCCIDENTAL PETE CORP	161,688	$6.655M	0.1%	$41.16	$33.45	—	*W EXP 08/03/202	674599162
GOOS	CANADA GOOSE HLDGS INC	309,861	$4.007M	0.1%	$12.93	$15.39	-16.0%	SHS SUB VTG	135086106