Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 12, 2025

Total Value: $6.45B (100.0% shares, 0.0% debt)

Holdings (34)

SPG SIMON PPTY GROUP INC NEW 6.8%

Value $441M Shares 2,558,289 Share Price $172.21 * Est. Cost/Share $96.85 Unrealized @ Report Date +69.2%

AXP AMERICAN EXPRESS CO 6.2%

Value $399M Shares 1,344,431 Share Price $296.79 Est. Cost/Share $118.42 Unrealized @ Report Date +147.4%

MAC MACERICH CO 6.2%

Value $397M Shares 19,949,757 Share Price $19.92 Est. Cost/Share $13.76 Unrealized @ Report Date —

LEN LENNAR CORP 5.5%

Value $355M Shares 2,603,555 Share Price $136.37 * Est. Cost/Share $73.49 Unrealized @ Report Date +76.6%

DHI D R HORTON INC 5.3%

Value $344M Shares 2,456,911 Share Price $139.82 Est. Cost/Share $81.22 Unrealized @ Report Date +70.1%

MRK MERCK & CO INC 5.1%

Value $328M Shares 3,300,210 Share Price $99.48 * Est. Cost/Share $71.77 Unrealized @ Report Date +33.6%

OXY OCCIDENTAL PETE CORP 5.0%

Value $324M Shares 6,549,155 Share Price $49.41 * Est. Cost/Share $38.61 Unrealized @ Report Date +25.2%

AMGN AMGEN INC 4.6%

Value $298M Shares 1,145,056 Share Price $260.64 * Est. Cost/Share $193.08 Unrealized @ Report Date +30.7%

APA APA CORPORATION 4.5%

Value $293M Shares 12,681,405 Share Price $23.09 * Est. Cost/Share $29.84 Unrealized @ Report Date -26.5%

NVR NVR INC 4.5%

Value $289M Shares 35,355 Share Price $8178.94 Est. Cost/Share $3700.55 Unrealized @ Report Date +121.0%

BAC BANK AMERICA CORP 4.2%

Value $272M Shares 6,195,818 Share Price $43.95 * Est. Cost/Share $27.95 Unrealized @ Report Date +53.7%

JPM JPMORGAN CHASE & CO. 4.0%

Value $259M Shares 1,080,528 Share Price $239.71 * Est. Cost/Share $100.23 Unrealized @ Report Date +134.2%

OVV OVINTIV INC 3.9%

Value $249M Shares 6,142,821 Share Price $40.50 Est. Cost/Share $48.34 Unrealized @ Report Date -16.2%

CVE CENOVUS ENERGY INC 3.6%

Value $229M Shares 15,123,232 Share Price $15.15 Est. Cost/Share $18.03 Unrealized @ Report Date -17.6%

EBAY EBAY INC. 3.5%

Value $225M Shares 3,637,757 Share Price $61.95 Est. Cost/Share $41.70 Unrealized @ Report Date +46.3%

COP CONOCOPHILLIPS 3.3%

Value $213M Shares 2,144,865 Share Price $99.17 * Est. Cost/Share $66.16 Unrealized @ Report Date +44.9%

TGT TARGET CORP 3.1%

Value $202M Shares 1,491,157 Share Price $135.18 * Est. Cost/Share $120.31 Unrealized @ Report Date +7.6%

HD HOME DEPOT INC 3.0%

Value $196M Shares 503,875 Share Price $388.99 * Est. Cost/Share $213.76 Unrealized @ Report Date +77.5%

DVN DEVON ENERGY CORP NEW 2.9%

Value $188M Shares 5,734,353 Share Price $32.73 * Est. Cost/Share $45.17 Unrealized @ Report Date -29.5%

UHAL/B U HAUL HOLDING COMPANY 2.4%

Value $157M Shares 2,456,781 Share Price $64.05 Est. Cost/Share $58.80 Unrealized @ Report Date +8.9%

WAL WESTERN ALLIANCE BANCORP 1.7%

Value $110M Shares 1,318,211 Share Price $83.54 * Est. Cost/Share $49.92 Unrealized @ Report Date +63.5%

QCOM QUALCOMM INC 1.6%

Value $103M Shares 671,266 Share Price $153.62 * Est. Cost/Share $97.85 Unrealized @ Report Date +53.6%

CACC CREDIT ACCEP CORP MICH 1.5%

Value $95.26M Shares 202,907 Share Price $469.46 Est. Cost/Share $469.55 Unrealized @ Report Date -0.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.5%

Value $93.81M Shares 206,954 Share Price $453.28 Est. Cost/Share $221.77 Unrealized @ Report Date +104.4%

FITB FIFTH THIRD BANCORP 1.4%

Value $91.81M Shares 2,171,369 Share Price $42.28 * Est. Cost/Share $26.68 Unrealized @ Report Date +52.9%

MTB M & T BK CORP 1.4%

Value $90.64M Shares 482,120 Share Price $188.01 * Est. Cost/Share $120.31 Unrealized @ Report Date +51.7%

ULTA ULTA BEAUTY INC 1.4%

Value $89.11M Shares 204,891 Share Price $434.93 Est. Cost/Share $387.42 Unrealized @ Report Date +12.3%

SIRI SIRIUSXM HOLDINGS INC 0.9%

Value $61.12M Shares 2,680,495 Share Price $22.80 Est. Cost/Share $25.50 Unrealized @ Report Date -10.6%

UHAL U HAUL HOLDING COMPANY 0.5%

Value $30.95M Shares 447,967 Share Price $69.09 Est. Cost/Share $54.41 Unrealized @ Report Date +27.0%

WFG WEST FRASER TIMBER CO LTD 0.2%

Value $10.59M Shares 122,321 Share Price $86.59 Est. Cost/Share $79.92 Unrealized @ Report Date +8.3%

FRO FRONTLINE PLC 0.1%

Value $9.548M Shares 694,444 Share Price $13.75 Est. Cost/Share $14.56 Unrealized @ Report Date -4.8%

OXY/WS OCCIDENTAL PETE CORP 0.1%

Value $4.305M Shares 156,248 Share Price $27.55 Est. Cost/Share $33.25 Unrealized @ Report Date —

IWD ISHARES TR 0.0%

Value $1.342M Shares 7,247 Share Price $185.13 Est. Cost/Share $191.81 Unrealized @ Report Date -3.5%

VTV VANGUARD INDEX FDS 0.0%

Value $800K Shares 4,726 Share Price $169.34 Est. Cost/Share $175.49 Unrealized @ Report Date -3.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPG	SIMON PPTY GROUP INC NEW	2,558,289	$441M	6.8%	$172.21 *	$96.85	+69.2%	COM	828806109
AXP	AMERICAN EXPRESS CO	1,344,431	$399M	6.2%	$296.79	$118.42	+147.4%	COM	025816109
MAC	MACERICH CO	19,949,757	$397M	6.2%	$19.92	$13.76	—	COM	554382101
LEN	LENNAR CORP	2,603,555	$355M	5.5%	$136.37 *	$73.49	+76.6%	CL A	526057104
DHI	D R HORTON INC	2,456,911	$344M	5.3%	$139.82	$81.22	+70.1%	COM	23331A109
MRK	MERCK & CO INC	3,300,210	$328M	5.1%	$99.48 *	$71.77	+33.6%	COM	58933Y105
OXY	OCCIDENTAL PETE CORP	6,549,155	$324M	5.0%	$49.41 *	$38.61	+25.2%	COM	674599105
AMGN	AMGEN INC	1,145,056	$298M	4.6%	$260.64 *	$193.08	+30.7%	COM	031162100
APA	APA CORPORATION	12,681,405	$293M	4.5%	$23.09 *	$29.84	-26.5%	COM	03743Q108
NVR	NVR INC	35,355	$289M	4.5%	$8178.94	$3700.55	+121.0%	COM	62944T105
BAC	BANK AMERICA CORP	6,195,818	$272M	4.2%	$43.95 *	$27.95	+53.7%	COM	060505104
JPM	JPMORGAN CHASE & CO.	1,080,528	$259M	4.0%	$239.71 *	$100.23	+134.2%	COM	46625H100
OVV	OVINTIV INC	6,142,821	$249M	3.9%	$40.50	$48.34	-16.2%	COM	69047Q102
CVE	CENOVUS ENERGY INC	15,123,232	$229M	3.6%	$15.15	$18.03	-17.6%	COM	15135U109
EBAY	EBAY INC.	3,637,757	$225M	3.5%	$61.95	$41.70	+46.3%	COM	278642103
COP	CONOCOPHILLIPS	2,144,865	$213M	3.3%	$99.17 *	$66.16	+44.9%	COM	20825C104
TGT	TARGET CORP	1,491,157	$202M	3.1%	$135.18 *	$120.31	+7.6%	COM	87612E106
HD	HOME DEPOT INC	503,875	$196M	3.0%	$388.99 *	$213.76	+77.5%	COM	437076102
DVN	DEVON ENERGY CORP NEW	5,734,353	$188M	2.9%	$32.73 *	$45.17	-29.5%	COM	25179M103
UHAL/B	U HAUL HOLDING COMPANY	2,456,781	$157M	2.4%	$64.05	$58.80	+8.9%	COM SER N	023586506
WAL	WESTERN ALLIANCE BANCORP	1,318,211	$110M	1.7%	$83.54 *	$49.92	+63.5%	COM	957638109
QCOM	QUALCOMM INC	671,266	$103M	1.6%	$153.62 *	$97.85	+53.6%	COM	747525103
CACC	CREDIT ACCEP CORP MICH	202,907	$95.26M	1.5%	$469.46	$469.55	-0.0%	COM	225310101
BRK/B	BERKSHIRE HATHAWAY INC DEL	206,954	$93.81M	1.5%	$453.28	$221.77	+104.4%	CL B NEW	084670702
FITB	FIFTH THIRD BANCORP	2,171,369	$91.81M	1.4%	$42.28 *	$26.68	+52.9%	COM	316773100
MTB	M & T BK CORP	482,120	$90.64M	1.4%	$188.01 *	$120.31	+51.7%	COM	55261F104
ULTA	ULTA BEAUTY INC	204,891	$89.11M	1.4%	$434.93	$387.42	+12.3%	COM	90384S303
SIRI	SIRIUSXM HOLDINGS INC	2,680,495	$61.12M	0.9%	$22.80	$25.50	-10.6%	COMMON STOCK	829933100
UHAL	U HAUL HOLDING COMPANY	447,967	$30.95M	0.5%	$69.09	$54.41	+27.0%	COM	023586100
WFG	WEST FRASER TIMBER CO LTD	122,321	$10.59M	0.2%	$86.59	$79.92	+8.3%	COM	952845105
FRO	FRONTLINE PLC	694,444	$9.548M	0.1%	$13.75	$14.56	-4.8%	COM	M46528101
OXY/WS	OCCIDENTAL PETE CORP	156,248	$4.305M	0.1%	$27.55	$33.25	—	*W EXP 08/03/202	674599162
IWD	ISHARES TR	7,247	$1.342M	0.0%	$185.13	$191.81	-3.5%	RUS 1000 VAL ETF	464287598
VTV	VANGUARD INDEX FDS	4,726	$800K	0.0%	$169.34	$175.49	-3.5%	VALUE ETF	922908744