Smead Capital Management 13F holdings, Q2 2020
Holdings as of June 30, 2020 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 31 US equity positions worth $1.6bn in its Q2 2020 13F filing. The largest position was NVR at 6.8% of the reported book, followed by TGT and AMGN. Against the Q1 2020 filing, it opened 3 new positions, added to 3 and reduced 23 among the top 31 holdings.
What did Smead Capital Management own in Q2 2020? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2020 |
|---|---|---|---|---|---|---|---|
| 1 | NVR NVR INC | Consumer Cyclical | 6.8% | $107.1m | 32,858 | -6% | reduced |
| 2 | TGT TARGET CORP | Consumer Defensive | 6.7% | $106.8m | 890,489 | -21% | reduced |
| 3 | AMGN AMGEN INC | Healthcare | 6.7% | $106.7m | 452,492 | -15% | reduced |
| 4 | AXP AMERICAN EXPRESS CO | Financial Services | 5.8% | $91.5m | 961,020 | -7% | reduced |
| 5 | LEN LENNAR CORP | Consumer Cyclical | 5.8% | $91.1m | 1,479,215 | -7% | reduced |
| 6 | DISCOVERY INC | 5.7% | $90.6m | 4,294,613 | -8% | reduced | |
| 7 | EBAY EBAY INC. | Consumer Cyclical | 5.3% | $84.3m | 1,606,813 | -8% | reduced |
| 8 | HD HOME DEPOT INC | Consumer Cyclical | 4.5% | $72.0m | 287,363 | -29% | reduced |
| 9 | JPM JPMORGAN CHASE & CO | Financial Services | 4.4% | $69.3m | 737,131 | -7% | reduced |
| 10 | BAC BK OF AMERICA CORP | Financial Services | 4.0% | $63.9m | 2,692,210 | -7% | reduced |
| 11 | MRK MERCK & CO. INC | Healthcare | 4.0% | $62.8m | 812,035 | -8% | reduced |
| 12 | CVX CHEVRON CORP NEW | Energy | 3.7% | $59.1m | 662,003 | 7% | added |
| 13 | QCOM QUALCOMM INC | Technology | 3.4% | $53.6m | 587,327 | -20% | reduced |
| 14 | CMCSA COMCAST CORP NEW | Communication Services | 3.4% | $53.4m | 1,370,937 | -8% | reduced |
| 15 | DIS DISNEY WALT CO | Communication Services | 3.0% | $47.1m | 422,756 | -22% | reduced |
| 16 | WFC WELLS FARGO CO NEW | Financial Services | 3.0% | $46.8m | 1,829,806 | -8% | reduced |
| 17 | DHI D R HORTON INC | Consumer Cyclical | 2.9% | $46.5m | 838,048 | -8% | reduced |
| 18 | BRK/B BERKSHIRE HATHAWAY INC DEL | 2.8% | $44.5m | 249,484 | -31% | reduced | |
| 19 | PFE PFIZER INC | Healthcare | 2.8% | $43.8m | 1,339,953 | -8% | reduced |
| 20 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 2.7% | $42.6m | 622,732 | 118% | added |
| 21 | ACCENTURE PLC IRELAND | 2.4% | $38.4m | 178,879 | -32% | reduced | |
| 22 | MAC MACERICH CO | Real Estate | 2.3% | $37.0m | 4,119,495 | -1% | reduced |
| 23 | CACC CREDIT ACCEP CORP MICH | Financial Services | 2.1% | $33.4m | 79,792 | 41% | added |
| 24 | BKNG BOOKING HOLDINGS INC | Consumer Cyclical | 1.5% | $24.3m | 15,278 | -8% | reduced |
| 25 | UHAL AMERCO | Industrials | 1.0% | $16.2m | 53,502 | – | new |
| 26 | CRI CARTERS INC | Consumer Cyclical | 1.0% | $15.5m | 192,504 | – | new |
| 27 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 0.9% | $14.8m | 72,788 | – | new |
| 28 | SBUX STARBUCKS CORP | Consumer Cyclical | 0.7% | $11.1m | 150,799 | -7% | reduced |
| 29 | PYPL PAYPAL HLDGS INC | Financial Services | 0.7% | $10.6m | 60,662 | -32% | reduced |
| 30 | ENTERCOM COMMUNICATIONS CORP | 0.0% | $26.0k | 18,544 | 0% | held | |
| 31 | LIBERTY TRIPADVISOR HLDGS IN | 0.0% | $23.0k | 10,725 | 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.