Smead Capital Management, Inc. Long-Term Concentrated

CIK: 0001427008 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value ($000): $5,833,381 (100.0% shares, 0.0% debt)

Holdings (34)

SPG SIMON PPTY GROUP INC NEW 6.7%

Value ($000) $388,095 Shares 2,336,798 Est. Cost $96.85 Unrealized +72.3%

AXP AMERICAN EXPRESS CO 5.7%

Value ($000) $330,467 Shares 1,228,274 Est. Cost $118.42 Unrealized +147.0%

AMGN AMGEN INC 5.6%

Value ($000) $325,886 Shares 1,046,014 Est. Cost $193.08 Unrealized +48.8%

MAC MACERICH CO 5.4%

Value ($000) $312,739 Shares 18,214,281 Est. Cost $13.76 Unrealized —

MRK MERCK & CO INC 5.1%

Value ($000) $299,311 Shares 3,334,566 Est. Cost $71.96 Unrealized +25.2%

OXY OCCIDENTAL PETE CORP 5.0%

Value ($000) $293,098 Shares 5,937,965 Est. Cost $38.61 Unrealized +23.9%

DHI D R HORTON INC 4.9%

Value ($000) $285,237 Shares 2,243,666 Est. Cost $81.22 Unrealized +63.5%

LEN LENNAR CORP 4.7%

Value ($000) $272,887 Shares 2,377,483 Est. Cost $73.49 Unrealized +67.5%

APA APA CORPORATION 4.5%

Value ($000) $260,749 Shares 12,404,821 Est. Cost $29.84 Unrealized -29.5%

OVV OVINTIV INC 4.4%

Value ($000) $258,923 Shares 6,049,598 Est. Cost $48.34 Unrealized -11.7%

JPM JPMORGAN CHASE & CO. 4.2%

Value ($000) $242,149 Shares 987,155 Est. Cost $100.23 Unrealized +150.3%

BAC BANK AMERICA CORP 4.0%

Value ($000) $236,210 Shares 5,660,444 Est. Cost $27.95 Unrealized +56.1%

NVR NVR INC 4.0%

Value ($000) $233,870 Shares 32,283 Est. Cost $3700.55 Unrealized +105.5%

EBAY EBAY INC. 3.9%

Value ($000) $225,089 Shares 3,323,333 Est. Cost $41.70 Unrealized +57.6%

COP CONOCOPHILLIPS 3.9%

Value ($000) $224,677 Shares 2,139,377 Est. Cost $66.16 Unrealized +46.3%

CVE CENOVUS ENERGY INC 3.7%

Value ($000) $215,418 Shares 15,495,912 Est. Cost $17.94 Unrealized -21.1%

DVN DEVON ENERGY CORP NEW 3.7%

Value ($000) $213,416 Shares 5,706,322 Est. Cost $45.17 Unrealized -23.4%

TGT TARGET CORP 2.9%

Value ($000) $170,973 Shares 1,638,296 Est. Cost $120.30 Unrealized -0.1%

HD HOME DEPOT INC 2.9%

Value ($000) $168,705 Shares 460,325 Est. Cost $213.76 Unrealized +78.1%

UHAL/B U HAUL HOLDING COMPANY 2.4%

Value ($000) $142,098 Shares 2,401,119 Est. Cost $58.80 Unrealized +6.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.7%

Value ($000) $100,692 Shares 189,065 Est. Cost $221.77 Unrealized +119.2%

CACC CREDIT ACCEP CORP MICH 1.6%

Value ($000) $95,717 Shares 185,373 Est. Cost $469.55 Unrealized +5.3%

QCOM QUALCOMM INC 1.6%

Value ($000) $94,178 Shares 613,096 Est. Cost $97.85 Unrealized +63.2%

WAL WESTERN ALLIANCE BANCORP 1.6%

Value ($000) $92,510 Shares 1,204,088 Est. Cost $49.92 Unrealized +64.7%

MTB M & T BK CORP 1.3%

Value ($000) $78,718 Shares 440,378 Est. Cost $120.31 Unrealized +53.4%

FITB FIFTH THIRD BANCORP 1.3%

Value ($000) $77,755 Shares 1,983,539 Est. Cost $26.68 Unrealized +52.5%

ULTA ULTA BEAUTY INC 1.2%

Value ($000) $68,604 Shares 187,167 Est. Cost $387.42 Unrealized -1.6%

SIRI SIRIUSXM HOLDINGS INC 0.9%

Value ($000) $55,256 Shares 2,450,931 Est. Cost $25.50 Unrealized -7.6%

MRP MILLROSE PPTYS INC 0.5%

Value ($000) $31,446 Shares 1,186,210 Est. Cost $26.51 Unrealized —

UHAL U HAUL HOLDING COMPANY 0.2%

Value ($000) $13,703 Shares 209,649 Est. Cost $54.41 Unrealized +27.4%

FRO FRONTLINE PLC 0.2%

Value ($000) $10,019 Shares 685,070 Est. Cost $14.56 Unrealized +11.2%

WFG WEST FRASER TIMBER CO LTD 0.2%

Value ($000) $9,292 Shares 120,949 Est. Cost $79.92 Unrealized +2.9%

OXY/WS OCCIDENTAL PETE CORP 0.1%

Value ($000) $4,281 Shares 154,699 Est. Cost $33.25 Unrealized —

IWD ISHARES TR 0.0%

Value ($000) $1,212 Shares 6,440 Est. Cost $185.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	SIMON PPTY GROUP INC NEW	2,336,798	$388,095	6.7%	$96.85	+72.3%	COM	828806109
AXP	AMERICAN EXPRESS CO	1,228,274	$330,467	5.7%	$118.42	+147.0%	COM	025816109
AMGN	AMGEN INC	1,046,014	$325,886	5.6%	$193.08	+48.8%	COM	031162100
MAC	MACERICH CO	18,214,281	$312,739	5.4%	$13.76	—	COM	554382101
MRK	MERCK & CO INC	3,334,566	$299,311	5.1%	$71.96	+25.2%	COM	58933Y105
OXY	OCCIDENTAL PETE CORP	5,937,965	$293,098	5.0%	$38.61	+23.9%	COM	674599105
DHI	D R HORTON INC	2,243,666	$285,237	4.9%	$81.22	+63.5%	COM	23331A109
LEN	LENNAR CORP	2,377,483	$272,887	4.7%	$73.49	+67.5%	CL A	526057104
APA	APA CORPORATION	12,404,821	$260,749	4.5%	$29.84	-29.5%	COM	03743Q108
OVV	OVINTIV INC	6,049,598	$258,923	4.4%	$48.34	-11.7%	COM	69047Q102
JPM	JPMORGAN CHASE & CO.	987,155	$242,149	4.2%	$100.23	+150.3%	COM	46625H100
BAC	BANK AMERICA CORP	5,660,444	$236,210	4.0%	$27.95	+56.1%	COM	060505104
NVR	NVR INC	32,283	$233,870	4.0%	$3700.55	+105.5%	COM	62944T105
EBAY	EBAY INC.	3,323,333	$225,089	3.9%	$41.70	+57.6%	COM	278642103
COP	CONOCOPHILLIPS	2,139,377	$224,677	3.9%	$66.16	+46.3%	COM	20825C104
CVE	CENOVUS ENERGY INC	15,495,912	$215,418	3.7%	$17.94	-21.1%	COM	15135U109
DVN	DEVON ENERGY CORP NEW	5,706,322	$213,416	3.7%	$45.17	-23.4%	COM	25179M103
TGT	TARGET CORP	1,638,296	$170,973	2.9%	$120.30	-0.1%	COM	87612E106
HD	HOME DEPOT INC	460,325	$168,705	2.9%	$213.76	+78.1%	COM	437076102
UHAL/B	U HAUL HOLDING COMPANY	2,401,119	$142,098	2.4%	$58.80	+6.4%	COM SER N	023586506
BRK/B	BERKSHIRE HATHAWAY INC DEL	189,065	$100,692	1.7%	$221.77	+119.2%	CL B NEW	084670702
CACC	CREDIT ACCEP CORP MICH	185,373	$95,717	1.6%	$469.55	+5.3%	COM	225310101
QCOM	QUALCOMM INC	613,096	$94,178	1.6%	$97.85	+63.2%	COM	747525103
WAL	WESTERN ALLIANCE BANCORP	1,204,088	$92,510	1.6%	$49.92	+64.7%	COM	957638109
MTB	M & T BK CORP	440,378	$78,718	1.3%	$120.31	+53.4%	COM	55261F104
FITB	FIFTH THIRD BANCORP	1,983,539	$77,755	1.3%	$26.68	+52.5%	COM	316773100
ULTA	ULTA BEAUTY INC	187,167	$68,604	1.2%	$387.42	-1.6%	COM	90384S303
SIRI	SIRIUSXM HOLDINGS INC	2,450,931	$55,256	0.9%	$25.50	-7.6%	COMMON STOCK	829933100
MRP	MILLROSE PPTYS INC	1,186,210	$31,446	0.5%	$26.51	—	COM CL A	601137102
UHAL	U HAUL HOLDING COMPANY	209,649	$13,703	0.2%	$54.41	+27.4%	COM	023586100
FRO	FRONTLINE PLC	685,070	$10,019	0.2%	$14.56	+11.2%	COM	M46528101
WFG	WEST FRASER TIMBER CO LTD	120,949	$9,292	0.2%	$79.92	+2.9%	COM	952845105
OXY/WS	OCCIDENTAL PETE CORP	154,699	$4,281	0.1%	$33.25	—	*W EXP 08/03/202	674599162
IWD	ISHARES TR	6,440	$1,212	0.0%	$185.13	—	RUS 1000 VAL ETF	464287598