Smead Capital Management 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 27 US equity positions worth $2.3bn in its Q1 2016 13F filing. The largest position was NVR at 7.0% of the reported book, followed by Amgen Incorporated and Berkshire Hathaway Cl B. Against the Q4 2015 filing, it opened 6 new positions, added to 0 and reduced 21 among the top 27 holdings.
What did Smead Capital Management own in Q1 2016? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | NVR N V R, Inc. | Consumer Cyclical | 7.0% | $162.0m | 93,487 | -10% | reduced |
| 2 | Amgen Incorporated | 6.2% | $143.8m | 958,785 | – | new | |
| 3 | Berkshire Hathaway Cl B | 5.6% | $130.0m | 916,276 | – | new | |
| 4 | TGNA Tegna Inc | 5.5% | $127.7m | 5,441,440 | -8% | reduced | |
| 5 | A F L A C Inc | 4.8% | $111.3m | 1,762,521 | – | new | |
| 6 | JPM Jpmorgan Chase & Co | Financial Services | 4.8% | $110.7m | 1,869,416 | -11% | reduced |
| 7 | PYPL Paypal Holdings Inco | Financial Services | 4.4% | $101.6m | 2,631,103 | -8% | reduced |
| 8 | American Express Company | 4.2% | $98.1m | 1,597,034 | – | new | |
| 9 | WFC Wells Fargo & Co New | Financial Services | 4.1% | $95.5m | 1,975,528 | -9% | reduced |
| 10 | Cabelas Inc | 4.0% | $93.1m | 1,912,931 | -24% | reduced | |
| 11 | Gannett Co Inc Del | 3.9% | $91.4m | 6,039,761 | -10% | reduced | |
| 12 | Bank Of America Corp | 3.9% | $90.8m | 6,715,691 | – | new | |
| 13 | HD Home Depot Inc | Consumer Cyclical | 3.9% | $89.3m | 669,026 | -11% | reduced |
| 14 | MRK Merck & Co Inc | Healthcare | 3.5% | $80.2m | 1,515,781 | -7% | reduced |
| 15 | DIS Disney Walt Co | Communication Services | 3.4% | $79.3m | 798,539 | -10% | reduced |
| 16 | Nordstrom Inc | 3.3% | $77.3m | 1,351,427 | -6% | reduced | |
| 17 | PFE Pfizer Incorporated | Healthcare | 3.3% | $76.1m | 2,566,426 | -9% | reduced |
| 18 | CMCSA Comcast Corp New Cl A | Communication Services | 3.3% | $75.4m | 1,235,144 | -10% | reduced |
| 19 | Block H & R Incorporated | 3.2% | $74.9m | 2,834,174 | – | new | |
| 20 | Accenture Ltd Cl A | 3.2% | $73.5m | 636,716 | -11% | reduced | |
| 21 | GILD Gilead Sciences Inc | Healthcare | 2.9% | $67.9m | 738,927 | -8% | reduced |
| 22 | WBA Walgreens Boot Alliance | 2.9% | $66.8m | 793,360 | -8% | reduced | |
| 23 | EBAY Ebay Inc | Consumer Cyclical | 2.7% | $62.9m | 2,634,660 | -10% | reduced |
| 24 | NWSA News Corp Ltd Class A | Communication Services | 2.6% | $60.2m | 4,714,842 | -35% | reduced |
| 25 | JNJ Johnson & Johnson | Healthcare | 2.0% | $45.7m | 422,742 | -10% | reduced |
| 26 | SBUX Starbucks Corp | Consumer Cyclical | 1.3% | $29.7m | 496,891 | -11% | reduced |
| 27 | SPY S P D R TRUST Unit SR | 0.0% | $308.0k | 1,500 | -98% | 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.