Smead Capital Management 13F holdings, Q3 2008
Holdings as of September 30, 2008 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 25 US equity positions worth $128.8m in its Q3 2008 13F filing. The largest position was MSFT at 12.0% of the reported book, followed by Merck & Co Inc and Accenture Ltd. Against the Q2 2008 filing, it opened 4 new positions, added to 6 and reduced 14 among the top 25 holdings.
What did Smead Capital Management own in Q3 2008? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2008 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT Microsoft Corp | Technology | 12.0% | $15.4m | 578,668 | -11% | reduced |
| 2 | Merck & Co Inc | 8.2% | $10.6m | 336,148 | -6% | reduced | |
| 3 | Accenture Ltd | 7.7% | $9.9m | 260,316 | -10% | reduced | |
| 4 | WMT Wal-Mart Stores Inc | Consumer Defensive | 7.1% | $9.2m | 152,906 | -26% | reduced |
| 5 | DIS Disney Walt Co | Communication Services | 6.9% | $8.9m | 288,929 | -6% | reduced |
| 6 | T A T & T Inc New | Communication Services | 6.4% | $8.3m | 296,310 | – | new |
| 7 | SBUX Starbucks Corp | Consumer Cyclical | 6.2% | $8.0m | 536,587 | -6% | reduced |
| 8 | VZ Verizon Communications | Communication Services | 5.6% | $7.2m | 223,396 | -1% | reduced |
| 9 | HD Home Depot Inc | Consumer Cyclical | 5.1% | $6.6m | 253,562 | -6% | reduced |
| 10 | EBAY Ebay Inc | Consumer Cyclical | 4.7% | $6.1m | 273,225 | -5% | reduced |
| 11 | JPM Jpmorgan Chase & Co | Financial Services | 4.4% | $5.6m | 120,694 | 8% | added |
| 12 | Nordstrom Inc | 4.2% | $5.4m | 185,750 | -1% | reduced | |
| 13 | GE General Electric Company | Industrials | 3.7% | $4.7m | 185,235 | 4% | added |
| 14 | HOG Harley Davidson Inc | Consumer Cyclical | 3.2% | $4.1m | 110,608 | -6% | reduced |
| 15 | PFE Pfizer Incorporated | Healthcare | 3.1% | $4.0m | 218,966 | 6% | added |
| 16 | BEN Franklin Resources Inc | Financial Services | 3.1% | $4.0m | 45,645 | – | new |
| 17 | CVX Cheveron Corporation | Energy | 2.9% | $3.8m | 45,957 | -37% | reduced |
| 18 | Comcast Cp New | 1.2% | $1.6m | 80,450 | -5% | reduced | |
| 19 | Walgreen Company | 1.0% | $1.3m | 41,065 | 76% | added | |
| 20 | Smead Value Fd | 0.7% | $920.0k | 49,079 | 87% | added | |
| 21 | Covance Inc | 0.7% | $884.0k | 10,000 | 0% | held | |
| 22 | Penn Real Est Inv Tr Sbi | 0.6% | $832.0k | 44,185 | – | new | |
| 23 | Cabelas Inc | 0.6% | $797.0k | 66,025 | -3% | reduced | |
| 24 | UDR Udr Inc | Real Estate | 0.4% | $557.0k | 21,320 | – | new |
| 25 | Mylan Laboratories Inc | 0.2% | $245.0k | 21,515 | 4% | added |
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.