Smead Capital Management 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 23 US equity positions worth $135.8m in its Q2 2008 13F filing. The largest position was MSFT at 13.2% of the reported book, followed by Merck & Co Inc and Accenture Ltd. Against the Q1 2008 filing, it opened 4 new positions, added to 7 and reduced 10 among the top 23 holdings.
What did Smead Capital Management own in Q2 2008? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT Microsoft Corp | Technology | 13.2% | $17.9m | 650,978 | -6% | reduced |
| 2 | Merck & Co Inc | 9.9% | $13.4m | 356,235 | 18% | added | |
| 3 | Accenture Ltd | 8.7% | $11.8m | 289,691 | -6% | reduced | |
| 4 | WMT Wal-Mart Stores Inc | Consumer Defensive | 8.6% | $11.7m | 207,302 | -8% | reduced |
| 5 | DIS Disney Walt Co | Communication Services | 7.1% | $9.6m | 307,222 | -4% | reduced |
| 6 | SBUX Starbucks Corp | Consumer Cyclical | 6.6% | $9.0m | 568,762 | -0% | held |
| 7 | VZ Verizon Communications | Communication Services | 5.9% | $8.0m | 226,371 | 8% | added |
| 8 | EBAY Ebay Inc | Consumer Cyclical | 5.8% | $7.9m | 287,457 | -4% | reduced |
| 9 | CVX Chevron Corporation | Energy | 5.3% | $7.3m | 73,212 | -24% | reduced |
| 10 | HD Home Depot Inc | Consumer Cyclical | 4.7% | $6.3m | 269,955 | -3% | reduced |
| 11 | Legg Mason Inc | 4.3% | $5.8m | 134,025 | 23% | added | |
| 12 | Nordstrom Inc | 4.2% | $5.7m | 188,220 | -2% | reduced | |
| 13 | GE General Electric Company | Industrials | 3.5% | $4.8m | 178,260 | – | new |
| 14 | HOG Harley Davidson Inc | Consumer Cyclical | 3.1% | $4.2m | 117,076 | 70% | added |
| 15 | JPM Jpmorgan Chase & Co | Financial Services | 2.8% | $3.8m | 111,764 | – | new |
| 16 | PFE Pfizer Incorporated | Healthcare | 2.6% | $3.6m | 205,749 | 218% | added |
| 17 | Comcast Cp New | 1.2% | $1.6m | 84,385 | -11% | reduced | |
| 18 | Covance Inc | 0.6% | $860.0k | 10,000 | 0% | held | |
| 19 | Walgreen Company | 0.6% | $757.0k | 23,295 | 52% | added | |
| 20 | Cabelas Inc | 0.6% | $750.0k | 68,160 | 68% | added | |
| 21 | Smead Value Fd | 0.4% | $511.0k | 26,269 | – | new | |
| 22 | SLM Slm Corporation | Financial Services | 0.2% | $320.0k | 16,576 | – | new |
| 23 | Mylan Laboratories Inc | 0.2% | $249.0k | 20,685 | -2% | reduced |
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.