Smead Capital Management disclosed 27 US equity positions worth $2.2bn in its Q4 2015 13F filing. Its largest position is AMGN at 6.3% of the reported book, followed by NVR and TGNA. Versus Q3 2015 it opened 1 new position, added to 26, reduced 0 and exited 1.
$2.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
27
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.3%
Largest position
The largest single position as a share of the reported equity book.
50.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
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.