Smead Capital Management 13F holdings, Q4 2016
Holdings as of December 31, 2016 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 30 US equity positions worth $2.0bn in its Q4 2016 13F filing. The largest position was JPM at 6.4% of the reported book, followed by NVR and BRK/B. Against the Q3 2016 filing, it opened 2 new positions, added to 6 and reduced 22 among the top 30 holdings.
What did Smead Capital Management own in Q4 2016? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2016 |
|---|---|---|---|---|---|---|---|
| 1 | JPM JPMORGAN CHASE & CO | Financial Services | 6.4% | $125.8m | 1,458,103 | -12% | reduced |
| 2 | NVR NVR INC | Consumer Cyclical | 6.2% | $122.7m | 73,500 | -11% | reduced |
| 3 | BRK/B BERKSHIRE HATHAWAY INC DEL | 5.9% | $117.2m | 718,835 | -12% | reduced | |
| 4 | BAC BANK AMER CORP | Financial Services | 5.9% | $116.8m | 5,285,954 | -11% | reduced |
| 5 | AMGN AMGEN INC | Healthcare | 5.6% | $109.4m | 748,412 | -12% | reduced |
| 6 | AXP AMERICAN EXPRESS CO | Financial Services | 5.2% | $103.4m | 1,395,142 | -12% | reduced |
| 7 | AFL AFLAC INC | Financial Services | 4.9% | $96.3m | 1,383,210 | -12% | reduced |
| 8 | EBAY EBAY INC | Consumer Cyclical | 4.9% | $95.7m | 3,223,639 | -11% | reduced |
| 9 | TGNA TEGNA INC | 4.6% | $90.8m | 4,243,366 | -12% | reduced | |
| 10 | WFC WELLS FARGO & CO NEW | Financial Services | 4.3% | $85.4m | 1,549,175 | -12% | reduced |
| 11 | PYPL PAYPAL HLDGS INC | Financial Services | 4.2% | $81.9m | 2,076,212 | -11% | reduced |
| 12 | DIS DISNEY WALT CO | Communication Services | 3.8% | $75.8m | 726,960 | -8% | reduced |
| 13 | HD HOME DEPOT INC | Consumer Cyclical | 3.6% | $70.6m | 526,496 | -11% | reduced |
| 14 | MRK MERCK & CO INC | Healthcare | 3.6% | $70.2m | 1,192,082 | -11% | reduced |
| 15 | CMCSA COMCAST CORP NEW | Communication Services | 3.4% | $66.9m | 968,350 | -12% | reduced |
| 16 | PFE PFIZER INC | Healthcare | 3.3% | $65.2m | 2,008,747 | -12% | reduced |
| 17 | WBA WALGREENS BOOTS ALLIANCE INC | 3.1% | $60.7m | 733,510 | 4% | added | |
| 18 | ACCENTURE PLC IRELAND | 3.0% | $58.6m | 500,305 | -11% | reduced | |
| 19 | EXPRESS SCRIPTS HLDG CO | 2.7% | $54.1m | 786,848 | 83% | added | |
| 20 | LEN LENNAR CORP | Consumer Cyclical | 2.4% | $47.7m | 1,110,887 | 116% | added |
| 21 | CABELAS INC | 2.3% | $45.0m | 768,439 | -23% | reduced | |
| 22 | ALK ALASKA AIR GROUP INC | Industrials | 2.0% | $40.3m | 454,422 | 24% | added |
| 23 | NORDSTROM INC | 2.0% | $38.9m | 811,722 | -12% | reduced | |
| 24 | JNJ JOHNSON & JOHNSON | Healthcare | 1.9% | $38.3m | 332,367 | -11% | reduced |
| 25 | GANNETT CO INC | 1.3% | $24.9m | 2,560,853 | -54% | reduced | |
| 26 | SNI SCRIPPS NETWORKS INTERACT IN | 1.1% | $22.2m | 311,624 | 24% | added | |
| 27 | SBUX STARBUCKS CORP | Consumer Cyclical | 1.1% | $21.7m | 390,916 | -11% | reduced |
| 28 | COR AMERISOURCEBERGEN CORP | Healthcare | 1.0% | $20.0m | 256,023 | – | new |
| 29 | SPY SPDR S&P 500 ETF TR | 0.2% | $4.0m | 17,831 | 202% | added | |
| 30 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $488.0k | 200 | – | 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.