Smead Capital Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 28 US equity positions worth $2.1bn in its Q2 2019 13F filing. The largest position was NVR at 7.4% of the reported book, followed by DISCOVERY INC and AXP. Against the Q1 2019 filing, it opened 2 new positions, added to 3 and reduced 23 among the top 28 holdings.
What did Smead Capital Management own in Q2 2019? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | NVR NVR INC | Consumer Cyclical | 7.4% | $153.0m | 45,397 | -3% | reduced |
| 2 | DISCOVERY INC | 6.7% | $139.4m | 4,541,687 | -3% | reduced | |
| 3 | AXP AMERICAN EXPRESS CO | Financial Services | 6.5% | $134.2m | 1,087,247 | -3% | reduced |
| 4 | AMGN AMGEN INC | Healthcare | 5.7% | $119.1m | 646,099 | -3% | reduced |
| 5 | TGT TARGET CORP | Consumer Defensive | 5.6% | $116.2m | 1,341,920 | -3% | reduced |
| 6 | AFL AFLAC INC | Financial Services | 4.8% | $100.0m | 1,823,580 | -13% | reduced |
| 7 | JPM JPMORGAN CHASE & CO | Financial Services | 4.5% | $92.9m | 830,623 | -3% | reduced |
| 8 | DIS DISNEY WALT CO | Communication Services | 4.4% | $91.9m | 658,199 | -3% | reduced |
| 9 | HD HOME DEPOT INC | Consumer Cyclical | 4.3% | $89.9m | 432,344 | -3% | reduced |
| 10 | BAC BANK AMER CORP | Financial Services | 4.2% | $87.8m | 3,027,591 | -3% | reduced |
| 11 | BRK/B BERKSHIRE HATHAWAY INC DEL | 4.0% | $82.7m | 387,874 | -22% | reduced | |
| 12 | WBA WALGREENS BOOTS ALLIANCE INC | 3.8% | $79.0m | 1,445,620 | -5% | reduced | |
| 13 | MRK MERCK & CO INC | Healthcare | 3.8% | $78.8m | 939,324 | -2% | reduced |
| 14 | LEN LENNAR CORP | Consumer Cyclical | 3.5% | $72.8m | 1,501,524 | -3% | reduced |
| 15 | WFC WELLS FARGO CO NEW | Financial Services | 3.2% | $67.5m | 1,425,845 | 16% | added |
| 16 | PFE PFIZER INC | Healthcare | 3.2% | $67.5m | 1,557,455 | -3% | reduced |
| 17 | CMCSA COMCAST CORP NEW | Communication Services | 3.2% | $67.0m | 1,585,729 | -3% | reduced |
| 18 | ACCENTURE PLC IRELAND | 3.0% | $61.6m | 333,405 | -18% | reduced | |
| 19 | EBAY EBAY INC | Consumer Cyclical | 2.9% | $60.5m | 1,532,594 | -3% | reduced |
| 20 | QCOM QUALCOMM INC | Technology | 2.8% | $58.0m | 762,437 | 109% | added |
| 21 | COR AMERISOURCEBERGEN CORP | Healthcare | 2.1% | $44.4m | 520,777 | 31% | added |
| 22 | OXY OCCIDENTAL PETE CORP | Energy | 2.0% | $42.2m | 838,470 | – | new |
| 23 | SLB SCHLUMBERGER LTD | Energy | 1.8% | $38.4m | 966,907 | – | new |
| 24 | JNJ JOHNSON & JOHNSON | Healthcare | 1.7% | $36.1m | 259,139 | -3% | reduced |
| 25 | PYPL PAYPAL HLDGS INC | Financial Services | 1.3% | $26.8m | 233,942 | -31% | reduced |
| 26 | SBUX STARBUCKS CORP | Consumer Cyclical | 1.2% | $25.3m | 302,140 | -3% | reduced |
| 27 | CMI CUMMINS INC | Industrials | 1.1% | $22.8m | 133,151 | -3% | reduced |
| 28 | BKNG BOOKING HLDGS INC | Consumer Cyclical | 1.1% | $22.0m | 11,737 | -3% | 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.