Smead Capital Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 27 US equity positions worth $2.2bn in its Q3 2018 13F filing. The largest position was DISCOVERY INC at 7.4% of the reported book, followed by AMGN and TGT. Against the Q2 2018 filing, it opened 0 new positions, added to 3 and reduced 24 among the top 27 holdings.
What did Smead Capital Management own in Q3 2018? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | DISCOVERY INC | 7.4% | $164.6m | 5,143,306 | -2% | reduced | |
| 2 | AMGN AMGEN INC | Healthcare | 6.7% | $147.5m | 711,657 | -2% | reduced |
| 3 | TGT TARGET CORP | Consumer Defensive | 6.0% | $133.3m | 1,510,657 | -2% | reduced |
| 4 | BRK/B BERKSHIRE HATHAWAY INC DEL | 6.0% | $132.6m | 619,134 | -3% | reduced | |
| 5 | AXP AMERICAN EXPRESS CO | Financial Services | 5.8% | $128.1m | 1,203,060 | -3% | reduced |
| 6 | WBA WALGREENS BOOTS ALLIANCE INC | 5.4% | $119.1m | 1,634,370 | -2% | reduced | |
| 7 | AFL AFLAC INC | Financial Services | 5.1% | $112.3m | 2,386,765 | -3% | reduced |
| 8 | JPM JPMORGAN CHASE & CO | Financial Services | 4.7% | $104.0m | 921,530 | -3% | reduced |
| 9 | NVR NVR INC | Consumer Cyclical | 4.5% | $100.4m | 40,619 | 8% | added |
| 10 | HD HOME DEPOT INC | Consumer Cyclical | 4.5% | $99.0m | 478,096 | -2% | reduced |
| 11 | BAC BANK AMER CORP | Financial Services | 4.5% | $98.8m | 3,354,168 | -2% | reduced |
| 12 | DIS DISNEY WALT CO | Communication Services | 3.9% | $85.7m | 733,062 | -2% | reduced |
| 13 | LEN LENNAR CORP | Consumer Cyclical | 3.5% | $78.4m | 1,679,344 | -3% | reduced |
| 14 | PFE PFIZER INC | Healthcare | 3.5% | $76.7m | 1,741,315 | -3% | reduced |
| 15 | ACCENTURE PLC IRELAND | 3.3% | $73.5m | 431,820 | -3% | reduced | |
| 16 | MRK MERCK & CO INC | Healthcare | 3.3% | $73.0m | 1,028,385 | -3% | reduced |
| 17 | WFC WELLS FARGO CO NEW | Financial Services | 3.2% | $70.4m | 1,339,032 | -3% | reduced |
| 18 | KR KROGER CO | Consumer Defensive | 3.0% | $65.5m | 2,250,482 | 19% | added |
| 19 | CMCSA COMCAST CORP NEW | Communication Services | 2.9% | $63.6m | 1,794,880 | -2% | reduced |
| 20 | EBAY EBAY INC | Consumer Cyclical | 2.6% | $56.5m | 1,711,375 | -18% | reduced |
| 21 | NORDSTROM INC | 2.3% | $50.7m | 847,102 | -3% | reduced | |
| 22 | TGNA TEGNA INC | 2.3% | $50.0m | 4,178,899 | 27% | added | |
| 23 | JNJ JOHNSON & JOHNSON | Healthcare | 1.8% | $39.7m | 287,012 | -2% | reduced |
| 24 | COR AMERISOURCEBERGEN CORP | Healthcare | 1.8% | $39.6m | 429,457 | -3% | reduced |
| 25 | PYPL PAYPAL HLDGS INC | Financial Services | 1.4% | $31.6m | 360,296 | -35% | reduced |
| 26 | SBUX STARBUCKS CORP | Consumer Cyclical | 0.9% | $19.2m | 337,306 | -2% | reduced |
| 27 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $640.0k | 2 | -99% | 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.