Smead Capital Management 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 28 US equity positions worth $2.1bn in its Q2 2017 13F filing. The largest position was NVR at 6.0% of the reported book, followed by AMGN and BRK/B. Against the Q1 2017 filing, it opened 2 new positions, added to 4 and reduced 21 among the top 28 holdings.
What did Smead Capital Management own in Q2 2017? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | NVR NVR INC | Consumer Cyclical | 6.0% | $124.8m | 51,789 | -21% | reduced |
| 2 | AMGN AMGEN INC | Healthcare | 6.0% | $124.4m | 722,449 | -2% | reduced |
| 3 | BRK/B BERKSHIRE HATHAWAY INC DEL | 5.6% | $116.5m | 687,786 | -2% | reduced | |
| 4 | JPM JPMORGAN CHASE & CO | Financial Services | 5.6% | $115.2m | 1,260,440 | -3% | reduced |
| 5 | AXP AMERICAN EXPRESS CO | Financial Services | 5.4% | $112.6m | 1,336,283 | -2% | reduced |
| 6 | BAC BANK AMER CORP | Financial Services | 5.3% | $110.6m | 4,557,320 | -2% | reduced |
| 7 | EBAY EBAY INC | Consumer Cyclical | 5.2% | $107.9m | 3,089,283 | -2% | reduced |
| 8 | PYPL PAYPAL HLDGS INC | Financial Services | 5.1% | $106.5m | 1,985,052 | -2% | reduced |
| 9 | AFL AFLAC INC | Financial Services | 5.0% | $102.8m | 1,323,632 | -2% | reduced |
| 10 | LEN LENNAR CORP | Consumer Cyclical | 4.8% | $99.5m | 1,866,187 | 43% | added |
| 11 | WBA WALGREENS BOOTS ALLIANCE INC | 4.3% | $89.3m | 1,139,892 | 26% | added | |
| 12 | WFC WELLS FARGO CO NEW | Financial Services | 4.0% | $82.3m | 1,486,021 | -2% | reduced |
| 13 | DIS DISNEY WALT CO | Communication Services | 3.6% | $74.3m | 699,432 | -2% | reduced |
| 14 | MRK MERCK & CO INC | Healthcare | 3.5% | $73.2m | 1,142,049 | -2% | reduced |
| 15 | HD HOME DEPOT INC | Consumer Cyclical | 3.2% | $66.0m | 430,221 | -2% | reduced |
| 16 | PFE PFIZER INC | Healthcare | 3.1% | $64.9m | 1,930,957 | -2% | reduced |
| 17 | CMCSA COMCAST CORP NEW | Communication Services | 3.1% | $64.8m | 1,664,137 | -2% | reduced |
| 18 | SNI SCRIPPS NETWORKS INTERACT IN | 3.0% | $62.2m | 910,817 | 199% | added | |
| 19 | ACCENTURE PLC IRELAND | 2.9% | $59.3m | 479,185 | -2% | reduced | |
| 20 | TGNA TEGNA INC | 2.5% | $51.1m | 3,546,803 | -2% | reduced | |
| 21 | COR AMERISOURCEBERGEN CORP | Healthcare | 2.2% | $45.1m | 477,154 | 91% | added |
| 22 | NORDSTROM INC | 2.2% | $44.9m | 939,762 | -1% | reduced | |
| 23 | JNJ JOHNSON & JOHNSON | Healthcare | 2.0% | $42.1m | 317,895 | -2% | reduced |
| 24 | TGT TARGET CORP | Consumer Defensive | 2.0% | $41.7m | 796,846 | – | new |
| 25 | ALK ALASKA AIR GROUP INC | Industrials | 1.9% | $39.0m | 434,640 | -2% | reduced |
| 26 | CARS CARS COM INC | Communication Services | 1.5% | $31.5m | 1,182,288 | – | new |
| 27 | SBUX STARBUCKS CORP | Consumer Cyclical | 1.1% | $21.8m | 373,808 | -2% | reduced |
| 28 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $509.0k | 200 | 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.