Smead Capital Management 13F holdings, Q3 2016
Holdings as of September 30, 2016 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 29 US equity positions worth $2.1bn in its Q3 2016 13F filing. The largest position was AMGN at 6.8% of the reported book, followed by NVR and EBAY. Against the Q2 2016 filing, it opened 9 new positions, added to 1 and reduced 18 among the top 29 holdings.
What did Smead Capital Management own in Q3 2016? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2016 |
|---|---|---|---|---|---|---|---|
| 1 | AMGN AMGEN INC | Healthcare | 6.8% | $142.1m | 851,682 | – | new |
| 2 | NVR NVR INC | Consumer Cyclical | 6.5% | $136.1m | 82,993 | -6% | reduced |
| 3 | EBAY EBAY INC | Consumer Cyclical | 5.7% | $119.4m | 3,627,940 | -6% | reduced |
| 4 | BRK/B BERKSHIRE HATHAWAY INC DEL | 5.6% | $117.5m | 813,078 | – | new | |
| 5 | AFL AFLAC INC | Financial Services | 5.4% | $112.4m | 1,563,984 | – | new |
| 6 | JPM JPMORGAN CHASE & CO | Financial Services | 5.2% | $110.2m | 1,655,219 | -6% | reduced |
| 7 | TGNA TEGNA INC | 5.0% | $105.6m | 4,832,543 | -6% | reduced | |
| 8 | AXP AMERICAN EXPRESS CO | Financial Services | 4.8% | $101.0m | 1,577,336 | – | new |
| 9 | PYPL PAYPAL HLDGS INC | Financial Services | 4.6% | $95.7m | 2,336,813 | -6% | reduced |
| 10 | BAC BANK AMER CORP | Financial Services | 4.4% | $93.2m | 5,958,153 | – | new |
| 11 | MRK MERCK & CO INC | Healthcare | 4.0% | $83.9m | 1,345,080 | -6% | reduced |
| 12 | WFC WELLS FARGO & CO NEW | Financial Services | 3.7% | $77.6m | 1,753,053 | -6% | reduced |
| 13 | PFE PFIZER INC | Healthcare | 3.7% | $77.1m | 2,276,820 | -6% | reduced |
| 14 | HD HOME DEPOT INC | Consumer Cyclical | 3.6% | $76.4m | 593,998 | -6% | reduced |
| 15 | DIS DISNEY WALT CO | Communication Services | 3.5% | $73.6m | 792,850 | 5% | added |
| 16 | CMCSA COMCAST CORP NEW | Communication Services | 3.5% | $72.7m | 1,096,073 | -6% | reduced |
| 17 | ACCENTURE PLC IRELAND | 3.3% | $69.0m | 565,013 | -6% | reduced | |
| 18 | GANNETT CO INC | 3.1% | $64.4m | 5,530,612 | -14% | reduced | |
| 19 | WBA WALGREENS BOOTS ALLIANCE IN | 2.7% | $56.8m | 703,957 | -6% | reduced | |
| 20 | CABELAS INC | 2.6% | $54.6m | 994,493 | -27% | reduced | |
| 21 | NWSA NEWS CORP NEW | Communication Services | 2.4% | $51.0m | 3,647,926 | -18% | reduced |
| 22 | NORDSTROM INC | 2.3% | $48.0m | 925,093 | -6% | reduced | |
| 23 | JNJ JOHNSON & JOHNSON | Healthcare | 2.1% | $44.3m | 375,259 | -6% | reduced |
| 24 | EXPRESS SCRIPTS HLDG CO | 1.4% | $30.3m | 428,982 | – | new | |
| 25 | ALK ALASKA AIR GROUP INC | Industrials | 1.1% | $24.1m | 366,305 | – | new |
| 26 | SBUX STARBUCKS CORP | Consumer Cyclical | 1.1% | $23.9m | 441,003 | -6% | reduced |
| 27 | LEN LENNAR CORP | Consumer Cyclical | 1.0% | $21.8m | 514,241 | – | new |
| 28 | SNI SCRIPPS NETWORKS INTERACT I | 0.8% | $15.9m | 250,432 | – | new | |
| 29 | SPY SPDR S&P 500 ETF TR | 0.1% | $1.2m | 5,897 | 0% | held |
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.