Smead Capital Management 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 28 US equity positions worth $2.2bn in its Q4 2019 13F filing. The largest position was TGT at 7.6% of the reported book, followed by NVR and AMGN. Against the Q3 2019 filing, it opened 2 new positions, added to 24 and reduced 2 among the top 28 holdings.
What did Smead Capital Management own in Q4 2019? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | TGT TARGET CORP | Consumer Defensive | 7.6% | $170.4m | 1,328,700 | 2% | added |
| 2 | NVR NVR INC | Consumer Cyclical | 7.1% | $159.1m | 41,781 | -5% | reduced |
| 3 | AMGN AMGEN INC | Healthcare | 6.8% | $152.9m | 634,139 | 1% | added |
| 4 | DISCOVERY INC | 6.5% | $145.9m | 4,454,888 | 1% | added | |
| 5 | AXP AMERICAN EXPRESS CO | Financial Services | 5.9% | $133.5m | 1,072,483 | 1% | added |
| 6 | JPM JPMORGAN CHASE & CO | Financial Services | 5.1% | $114.5m | 821,283 | 2% | added |
| 7 | BAC BANK AMER CORP | Financial Services | 4.7% | $105.5m | 2,994,105 | 2% | added |
| 8 | DIS DISNEY WALT CO | Communication Services | 4.2% | $94.1m | 650,866 | 2% | added |
| 9 | HD HOME DEPOT INC | Consumer Cyclical | 4.2% | $93.3m | 427,327 | 2% | added |
| 10 | OXY OCCIDENTAL PETE CORP | Energy | 4.1% | $92.7m | 2,248,533 | 4% | added |
| 11 | BRK/B BERKSHIRE HATHAWAY INC DEL | 3.9% | $86.6m | 382,406 | 1% | added | |
| 12 | MRK MERCK & CO INC | Healthcare | 3.7% | $84.2m | 925,405 | 1% | added |
| 13 | AFL AFLAC INC | Financial Services | 3.7% | $84.0m | 1,587,212 | 2% | added |
| 14 | LEN LENNAR CORP | Consumer Cyclical | 3.7% | $82.5m | 1,479,480 | 1% | added |
| 15 | WBA WALGREENS BOOTS ALLIANCE INC | 3.6% | $80.9m | 1,371,627 | -2% | reduced | |
| 16 | WFC WELLS FARGO CO NEW | Financial Services | 3.4% | $75.6m | 1,405,388 | 1% | added |
| 17 | CMCSA COMCAST CORP NEW | Communication Services | 3.1% | $70.2m | 1,560,942 | 1% | added |
| 18 | ACCENTURE PLC IRELAND | 3.1% | $69.6m | 330,312 | 2% | added | |
| 19 | QCOM QUALCOMM INC | Technology | 3.0% | $66.6m | 754,711 | 2% | added |
| 20 | MAC MACERICH CO | Real Estate | 2.8% | $62.5m | 2,321,240 | 19% | added |
| 21 | PFE PFIZER INC | Healthcare | 2.7% | $60.3m | 1,539,540 | 2% | added |
| 22 | EBAY EBAY INC | Consumer Cyclical | 2.4% | $54.6m | 1,513,044 | 2% | added |
| 23 | SBUX STARBUCKS CORP | Consumer Cyclical | 1.2% | $26.2m | 297,959 | 1% | added |
| 24 | PYPL PAYPAL HLDGS INC | Financial Services | 1.1% | $25.0m | 231,554 | 2% | added |
| 25 | BKNG BOOKING HLDGS INC | Consumer Cyclical | 1.1% | $23.8m | 11,611 | 2% | added |
| 26 | CMI CUMMINS INC | Industrials | 1.0% | $23.6m | 131,792 | 2% | added |
| 27 | SPY SPDR S&P 500 ETF TR | 0.5% | $10.4m | 32,229 | – | new | |
| 28 | ENTERCOM COMMUNICATIONS CORP | 0.0% | $85.0k | 18,246 | – | 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.