Smead Capital Management 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 26 US equity positions worth $1.7bn in its Q1 2008 13F filing. The largest position was HOG at 15.2% of the reported book, followed by MSFT and WMT. Against the Q4 2007 filing, it opened 6 new positions, added to 12 and reduced 6 among the top 26 holdings.
What did Smead Capital Management own in Q1 2008? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | HOG Harley Davidson Inc | Consumer Cyclical | 15.2% | $257.5m | 68,671 | 1% | added |
| 2 | MSFT Microsoft Corp | Technology | 11.6% | $195.6m | 689,123 | -1% | reduced |
| 3 | WMT Wal-Mart Stores Inc | Consumer Defensive | 7.1% | $119.2m | 226,327 | -3% | reduced |
| 4 | T A T & T Inc New | Communication Services | 6.9% | $117.2m | 306,042 | 1% | added |
| 5 | Merck & Co Inc | 6.8% | $114.1m | 300,759 | -27% | reduced | |
| 6 | Accenture Ltd | 6.4% | $108.8m | 309,481 | 2% | added | |
| 7 | DIS Disney Walt Co | Communication Services | 6.0% | $100.9m | 321,470 | 24% | added |
| 8 | SBUX Starbucks Corp | Consumer Cyclical | 5.9% | $99.6m | 569,107 | 38% | added |
| 9 | EBAY Ebay Inc | Consumer Cyclical | 5.3% | $89.0m | 298,165 | 1% | added |
| 10 | CVX Chevron Corporation | Energy | 4.9% | $82.6m | 96,737 | -5% | reduced |
| 11 | HD Home Depot Inc | Consumer Cyclical | 4.6% | $78.0m | 278,720 | 2% | added |
| 12 | VZ Verizon Communications | Communication Services | 4.5% | $76.4m | 209,736 | 40% | added |
| 13 | Nordstrom Inc | 3.7% | $62.5m | 191,755 | 13% | added | |
| 14 | Wachovia Corp New | 3.7% | $62.5m | 231,310 | 53% | added | |
| 15 | Legg Mason Inc | 3.6% | $61.1m | 109,195 | 24% | added | |
| 16 | Comcast Cp New | 1.1% | $18.0m | 94,805 | – | new | |
| 17 | PFE Pfizer Incorporated | Healthcare | 0.8% | $13.5m | 64,629 | 95% | added |
| 18 | Covance Inc | 0.5% | $8.3m | 10,000 | 0% | held | |
| 19 | Walgreen Company | 0.3% | $5.8m | 15,335 | – | new | |
| 20 | Cabelas Inc | 0.3% | $5.7m | 40,470 | – | new | |
| 21 | Safeco Corp | 0.3% | $4.2m | 9,684 | -18% | reduced | |
| 22 | EPD Enterprise Prd Prtnrs Lp | Energy | 0.2% | $3.8m | 12,725 | – | new |
| 23 | Mylan Laboratories Inc | 0.1% | $2.5m | 21,215 | – | new | |
| 24 | Washington Mutual Inc | 0.1% | $1.3m | 12,476 | – | new | |
| 25 | Idearc Inc | 0.0% | $378.0k | 10,389 | -5% | reduced | |
| 26 | Citadel Broadcasting Cp | 0.0% | $301.0k | 18,140 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.