Smead Capital Management, Inc. Long-Term Concentrated

Location: Phoenix, AZ

CIK: 0001427008 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $4,597,098 (100.0% shares, 0.0% debt)

Holdings (32)

Decreased Positions (26)

APA APA CORPORATION 7.6%
Value ($000) $350,971 (+51.0%) Shares 8,269,815 (-13.0%) Est. Cost $29.84 Unrealized -11.4%
CVE CENOVUS ENERGY INC 8.6%
Value ($000) $394,457 (+39.1%) Shares 14,868,003 (-11.3%) Est. Cost $17.35 Unrealized +13.0%
AXP AMERICAN EXPRESS CO 4.0%
Value ($000) $182,288 (-35.9%) Shares 602,643 (-21.6%) Est. Cost $118.42 Unrealized +200.8%
JPM JPMORGAN CHASE & CO 2.7%
Value ($000) $122,398 (-32.5%) Shares 416,094 (-26.1%) Est. Cost $100.23 Unrealized +210.7%
OXY OCCIDENTAL PETE CORP 4.4%
Value ($000) $201,210 (+38.0%) Shares 3,095,535 (-12.7%) Est. Cost $38.61 Unrealized +17.7%
LEN LENNAR CORP 3.0%
Value ($000) $137,748 (-26.5%) Shares 1,586,225 (-13.0%) Est. Cost $73.49 Unrealized +55.7%
DHI D R HORTON INC 4.5%
Value ($000) $205,518 (-17.0%) Shares 1,497,723 (-12.9%) Est. Cost $81.22 Unrealized +92.0%
COP CONOCOPHILLIPS 4.8%
Value ($000) $220,612 (+22.9%) Shares 1,671,303 (-12.8%) Est. Cost $68.20 Unrealized +50.5%
SPG SIMON PPTY GROUP INC NEW 6.3%
Value ($000) $290,961 (-12.3%) Shares 1,559,860 (-12.9%) Est. Cost $96.85 Unrealized +90.0%
BAC BANK AMERICA CORP 2.9%
Value ($000) $134,535 (-22.8%) Shares 2,759,684 (-12.9%) Est. Cost $27.95 Unrealized +92.0%
NVR NVR INC 3.1%
Value ($000) $141,936 (-21.3%) Shares 21,538 (-13.0%) Est. Cost $3700.55 Unrealized +106.0%
QCOM QUALCOMM INC 1.5%
Value ($000) $70,290 (-34.5%) Shares 545,810 (-12.9%) Est. Cost $104.95 Unrealized +46.6%
WAL WESTERN ALLIANCE BANCORP 2.1%
Value ($000) $96,044 (-26.6%) Shares 1,355,591 (-12.9%) Est. Cost $57.19 Unrealized +57.3%
MAC MACERICH CO 5.0%
Value ($000) $229,736 (-10.9%) Shares 12,155,332 (-13.0%) Est. Cost $13.76 Unrealized
FANG DIAMONDBACK ENERGY INC 4.6%
Value ($000) $211,502 (+14.6%) Shares 1,069,328 (-12.9%) Est. Cost $137.08 Unrealized +16.6%
ULTA ULTA BEAUTY INC 1.4%
Value ($000) $65,284 (-24.8%) Shares 124,895 (-13.0%) Est. Cost $387.42 Unrealized +72.9%
FITB FIFTH THIRD BANCORP 2.9%
Value ($000) $131,548 (-13.5%) Shares 2,831,423 (-12.9%) Est. Cost $35.16 Unrealized +45.8%
HD HOME DEPOT INC 2.2%
Value ($000) $101,081 (-16.7%) Shares 307,339 (-12.9%) Est. Cost $213.76 Unrealized +76.4%
UHAL/B U HAUL HOLDING COMPANY 2.1%
Value ($000) $95,881 (-16.8%) Shares 2,146,425 (-13.0%) Est. Cost $58.34 Unrealized -15.2%
AMGN AMGEN INC 5.3%
Value ($000) $245,563 (-6.4%) Shares 697,919 (-13.0%) Est. Cost $193.08 Unrealized +81.1%
EBAY EBAY INC. 3.5%
Value ($000) $161,241 (-8.9%) Shares 1,771,494 (-12.9%) Est. Cost $41.70 Unrealized +114.2%
TGT TARGET CORP 3.9%
Value ($000) $180,912 (+8.0%) Shares 1,492,670 (-12.9%) Est. Cost $115.72 Unrealized -5.6%
CROX CROCS INC 0.9%
Value ($000) $42,936 (-15.6%) Shares 517,170 (-13.0%) Est. Cost $91.29 Unrealized -3.4%
MTB M & T BK CORP 1.3%
Value ($000) $60,749 (-10.7%) Shares 293,869 (-13.0%) Est. Cost $120.31 Unrealized +83.8%
OXY/WS OCCIDENTAL PETE CORP 0.1%
Value ($000) $6,487 (+120.0%) Shares 151,211 (-1.2%) Est. Cost $33.25 Unrealized
MRK MERCK & CO INC 6.5%
Value ($000) $297,285 (-0.5%) Shares 2,471,398 (-12.9%) Est. Cost $71.96 Unrealized +58.8%