Smead Capital Management 13F holdings, Q4 2008
Holdings as of December 31, 2008 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 31 US equity positions worth $101.7m in its Q4 2008 13F filing. The largest position was MSFT at 10.2% of the reported book, followed by Merck & Co Inc and T. Against the Q3 2008 filing, it opened 7 new positions, added to 6 and reduced 16 among the top 31 holdings.
What did Smead Capital Management own in Q4 2008? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2008 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT Microsoft Corp | Technology | 10.2% | $10.4m | 534,959 | -8% | reduced |
| 2 | Merck & Co Inc | 9.5% | $9.7m | 319,279 | -5% | reduced | |
| 3 | T A T & T Inc New | Communication Services | 8.2% | $8.3m | 292,030 | -1% | reduced |
| 4 | WMT Wal-Mart Stores Inc | Consumer Defensive | 8.1% | $8.2m | 147,049 | -4% | reduced |
| 5 | Accenture Ltd | 7.9% | $8.0m | 245,036 | -6% | reduced | |
| 6 | VZ Verizon Communications | Communication Services | 7.4% | $7.5m | 221,761 | -1% | reduced |
| 7 | DIS Disney Walt Co | Communication Services | 6.1% | $6.2m | 275,220 | -5% | reduced |
| 8 | HD Home Depot Inc | Consumer Cyclical | 5.1% | $5.1m | 223,552 | -12% | reduced |
| 9 | SBUX Starbucks Corp | Consumer Cyclical | 4.4% | $4.5m | 471,092 | -12% | reduced |
| 10 | PFE Pfizer Incorporated | Healthcare | 3.8% | $3.9m | 218,560 | -0% | held |
| 11 | CVX Chevron Corporation | Energy | 3.7% | $3.8m | 51,417 | 12% | added |
| 12 | JPM Jpmorgan Chase & Co | Financial Services | 3.7% | $3.7m | 118,489 | -2% | reduced |
| 13 | EBAY Ebay Inc | Consumer Cyclical | 3.4% | $3.5m | 247,455 | -9% | reduced |
| 14 | BEN Franklin Resources Inc | Financial Services | 3.0% | $3.1m | 48,075 | 5% | added |
| 15 | GE General Electric Company | Industrials | 3.0% | $3.0m | 186,325 | 1% | added |
| 16 | Nordstrom Inc | 2.4% | $2.4m | 180,365 | -3% | reduced | |
| 17 | HOG Harley Davidson Inc | Consumer Cyclical | 1.8% | $1.8m | 107,648 | -3% | reduced |
| 18 | WFC Wells Fargo & Co New | Financial Services | 1.6% | $1.6m | 54,125 | – | new |
| 19 | Walgreen Company | 1.1% | $1.2m | 46,790 | 14% | added | |
| 20 | Comcast Cp New | 1.1% | $1.2m | 71,440 | -11% | reduced | |
| 21 | GS Goldman Sachs Group Inc | Financial Services | 0.8% | $864.0k | 10,240 | – | new |
| 22 | Smead Value Fd | 0.5% | $554.0k | 39,064 | -20% | reduced | |
| 23 | Covance Inc | 0.5% | $460.0k | 10,000 | 0% | held | |
| 24 | UDR Udr Inc | Real Estate | 0.4% | $423.0k | 30,685 | 44% | added |
| 25 | TM Toyota Motor Cp | Consumer Cyclical | 0.4% | $420.0k | 6,430 | – | new |
| 26 | Cabelas Inc | 0.4% | $376.0k | 64,515 | -2% | reduced | |
| 27 | Penn Real Est Inv Tr Sbi | 0.3% | $355.0k | 47,755 | 8% | added | |
| 28 | Wachovia Corp New | 0.3% | $335.0k | 60,470 | – | new | |
| 29 | MBI M B I A Inc | Financial Services | 0.3% | $297.0k | 72,995 | – | new |
| 30 | MCD Mc Donalds Corp | Consumer Cyclical | 0.3% | $288.0k | 4,645 | – | new |
| 31 | Legg Mason Inc | 0.2% | $204.0k | 9,325 | – | new |
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.