Smead Capital Management 13F holdings, Q1 2021
Holdings as of March 31, 2021 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 35 US equity positions worth $2.3bn in its Q1 2021 13F filing. The largest position was LEN at 6.4% of the reported book, followed by AXP and TGT. Against the Q4 2020 filing, it opened 5 new positions, added to 23 and reduced 7 among the top 35 holdings.
What did Smead Capital Management own in Q1 2021? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2020 |
|---|---|---|---|---|---|---|---|
| 1 | LEN LENNAR CORP | Consumer Cyclical | 6.4% | $145.6m | 1,438,027 | 10% | added |
| 2 | AXP AMERICAN EXPRESS CO | Financial Services | 5.8% | $132.3m | 935,430 | 10% | added |
| 3 | TGT TARGET CORP | Consumer Defensive | 5.8% | $131.2m | 662,596 | -7% | reduced |
| 4 | NVR NVR INC | Consumer Cyclical | 5.5% | $124.2m | 26,366 | 2% | added |
| 5 | AMGN AMGEN INC | Healthcare | 5.1% | $115.6m | 464,622 | 18% | added |
| 6 | MRK MERCK & CO. INC | Healthcare | 5.0% | $114.7m | 1,487,995 | 112% | added |
| 7 | CONTINENTAL RES INC | 4.8% | $109.2m | 4,222,846 | 36% | added | |
| 8 | JPM JPMORGAN CHASE & CO | Financial Services | 4.7% | $107.3m | 704,843 | 9% | added |
| 9 | BAC BK OF AMERICA CORP | Financial Services | 4.4% | $100.1m | 2,587,580 | 9% | added |
| 10 | EBAY EBAY INC. | Consumer Cyclical | 4.3% | $96.9m | 1,582,180 | 8% | added |
| 11 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 4.1% | $93.2m | 819,521 | 36% | added |
| 12 | CVX CHEVRON CORP NEW | Energy | 3.8% | $86.1m | 821,294 | 44% | added |
| 13 | DHI D R HORTON INC | Consumer Cyclical | 3.7% | $84.1m | 943,468 | 29% | added |
| 14 | MAC MACERICH CO | Real Estate | 3.6% | $82.4m | 7,044,224 | 41% | added |
| 15 | HD HOME DEPOT INC | Consumer Cyclical | 3.2% | $73.3m | 240,294 | -5% | reduced |
| 16 | COP CONOCOPHILLIPS | Energy | 3.1% | $71.2m | 1,344,410 | 25% | added |
| 17 | CMCSA COMCAST CORP NEW | Communication Services | 3.1% | $70.0m | 1,294,400 | 8% | added |
| 18 | DISCOVERY INC | 3.0% | $68.7m | 1,579,967 | -58% | reduced | |
| 19 | UHAL AMERCO | Industrials | 2.7% | $62.0m | 101,231 | 9% | added |
| 20 | BRK/B BERKSHIRE HATHAWAY INC DEL | 2.6% | $60.2m | 235,582 | 9% | added | |
| 21 | QCOM QUALCOMM INC | Technology | 2.3% | $53.3m | 401,789 | -6% | reduced |
| 22 | PFE PFIZER INC | Healthcare | 2.0% | $45.6m | 1,258,903 | 9% | added |
| 23 | DISCOVERY INC | 2.0% | $45.0m | 1,218,844 | – | new | |
| 24 | DIS DISNEY WALT CO | Communication Services | 2.0% | $44.9m | 243,130 | -20% | reduced |
| 25 | WBA WALGREENS BOOTS ALLIANCE INC | 1.6% | $36.9m | 671,563 | – | new | |
| 26 | CACC CREDIT ACCEP CORP MICH | Financial Services | 1.4% | $32.1m | 89,177 | 9% | added |
| 27 | CRI CARTERS INC | Consumer Cyclical | 1.3% | $29.1m | 327,720 | 9% | added |
| 28 | ACCENTURE PLC IRELAND | 1.1% | $24.0m | 87,029 | -29% | reduced | |
| 29 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 0.9% | $21.4m | 69,230 | 10% | added |
| 30 | SBUX STARBUCKS CORP | Consumer Cyclical | 0.4% | $9.9m | 90,264 | -32% | reduced |
| 31 | OCCIDENTAL PETE CORP | 0.0% | $567.0k | 47,573 | 2% | added | |
| 32 | WFG WEST FRASER TIMBER CO LTD | Basic Materials | 0.0% | $413.0k | 5,744 | – | new |
| 33 | LIBERTY GLOBAL PLC | 0.0% | $236.0k | 9,253 | 2% | added | |
| 34 | CVE CENOVUS ENERGY INC | Energy | 0.0% | $162.0k | 21,589 | – | new |
| 35 | CENOVUS ENERGY INC | 0.0% | $106.0k | 26,691 | – | 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.