Smead Capital Management disclosed 30 US equity positions worth $1.4bn in its Q1 2015 13F filing. Its largest position is GANNETT INC at 7.4% of the reported book, followed by EBAY and JPM. Versus Q4 2014 it opened 4 new positions, added to 25, reduced 1 and exited 3.
$1.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
30
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.4%
Largest position
The largest single position as a share of the reported equity book.
50.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
25
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
75
Quarters on file since Q4 2007
Quarters for which this manager's 13F holdings are on record.