Smead Capital Management 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 29 US equity positions worth $2.1bn in its Q3 2017 13F filing. The largest position was NVR at 6.4% of the reported book, followed by AMGN and BRK/B. Against the Q2 2017 filing, it opened 1 new position, added to 2 and reduced 25 among the top 29 holdings.
What did Smead Capital Management own in Q3 2017? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | NVR NVR INC | Consumer Cyclical | 6.4% | $134.8m | 47,219 | -9% | reduced |
| 2 | AMGN AMGEN INC | Healthcare | 6.3% | $132.9m | 712,902 | -1% | reduced |
| 3 | BRK/B BERKSHIRE HATHAWAY INC DEL | 5.9% | $124.4m | 678,672 | -1% | reduced | |
| 4 | AXP AMERICAN EXPRESS CO | Financial Services | 5.7% | $119.3m | 1,318,429 | -1% | reduced |
| 5 | JPM JPMORGAN CHASE & CO | Financial Services | 5.6% | $118.1m | 1,236,021 | -2% | reduced |
| 6 | BAC BANK AMER CORP | Financial Services | 5.4% | $113.4m | 4,475,916 | -2% | reduced |
| 7 | EBAY EBAY INC | Consumer Cyclical | 5.1% | $106.8m | 2,778,039 | -10% | reduced |
| 8 | AFL AFLAC INC | Financial Services | 5.1% | $106.3m | 1,306,158 | -1% | reduced |
| 9 | LEN LENNAR CORP | Consumer Cyclical | 4.6% | $97.2m | 1,840,564 | -1% | reduced |
| 10 | WBA WALGREENS BOOTS ALLIANCE INC | 4.6% | $96.8m | 1,253,472 | 10% | added | |
| 11 | WFC WELLS FARGO CO NEW | Financial Services | 3.8% | $80.9m | 1,466,123 | -1% | reduced |
| 12 | TGT TARGET CORP | Consumer Defensive | 3.8% | $80.2m | 1,358,242 | 70% | added |
| 13 | MRK MERCK & CO INC | Healthcare | 3.4% | $72.2m | 1,126,998 | -1% | reduced |
| 14 | HD HOME DEPOT INC | Consumer Cyclical | 3.3% | $69.4m | 424,266 | -1% | reduced |
| 15 | DIS DISNEY WALT CO | Communication Services | 3.2% | $68.0m | 690,312 | -1% | reduced |
| 16 | PFE PFIZER INC | Healthcare | 3.2% | $68.0m | 1,905,049 | -1% | reduced |
| 17 | PYPL PAYPAL HLDGS INC | Financial Services | 3.2% | $67.1m | 1,048,111 | -47% | reduced |
| 18 | ACCENTURE PLC IRELAND | 3.0% | $63.9m | 472,776 | -1% | reduced | |
| 19 | CMCSA COMCAST CORP NEW | Communication Services | 3.0% | $63.2m | 1,641,294 | -1% | reduced |
| 20 | TGNA TEGNA INC | 2.2% | $46.6m | 3,498,845 | -1% | reduced | |
| 21 | SNI SCRIPPS NETWORKS INTERACT IN | 2.1% | $43.7m | 509,342 | -44% | reduced | |
| 22 | NORDSTROM INC | 2.1% | $43.7m | 927,030 | -1% | reduced | |
| 23 | JNJ JOHNSON & JOHNSON | Healthcare | 1.9% | $40.8m | 313,615 | -1% | reduced |
| 24 | COR AMERISOURCEBERGEN CORP | Healthcare | 1.9% | $38.9m | 470,667 | -1% | reduced |
| 25 | ALK ALASKA AIR GROUP INC | Industrials | 1.6% | $32.7m | 428,860 | -1% | reduced |
| 26 | CARS CARS COM INC | Communication Services | 1.5% | $31.0m | 1,166,218 | -1% | reduced |
| 27 | SBUX STARBUCKS CORP | Consumer Cyclical | 0.9% | $19.8m | 368,725 | -1% | reduced |
| 28 | KR KROGER CO | Consumer Defensive | 0.9% | $19.7m | 980,164 | – | new |
| 29 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $549.0k | 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.