Smead Capital Management 13F holdings, Q1 2022
Holdings as of March 31, 2022 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 31 US equity positions worth $4.3bn in its Q1 2022 13F filing. The largest position was CONTINENTAL RES INC at 10.3% of the reported book, followed by OXY and AXP. Against the Q4 2021 filing, it opened 0 new positions, added to 25 and reduced 6 among the top 31 holdings.
What did Smead Capital Management own in Q1 2022? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2021 |
|---|---|---|---|---|---|---|---|
| 1 | CONTINENTAL RES INC | 10.3% | $443.7m | 7,235,205 | 10% | added | |
| 2 | OXY OCCIDENTAL PETE CORP | Energy | 7.3% | $314.0m | 5,534,043 | 14% | added |
| 3 | AXP AMERICAN EXPRESS CO | Financial Services | 6.6% | $282.6m | 1,511,273 | 17% | added |
| 4 | AMGN AMGEN INC | Healthcare | 5.4% | $233.6m | 965,991 | 18% | added |
| 5 | TGT TARGET CORP | Consumer Defensive | 5.3% | $228.2m | 1,075,474 | 19% | added |
| 6 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 5.2% | $225.5m | 1,714,115 | 31% | added |
| 7 | MAC MACERICH CO | Real Estate | 4.9% | $210.1m | 13,432,844 | 35% | added |
| 8 | MRK MERCK & CO INC | Healthcare | 4.8% | $207.0m | 2,522,534 | 18% | added |
| 9 | NVR NVR INC | Consumer Cyclical | 4.6% | $196.8m | 44,062 | 19% | added |
| 10 | LEN LENNAR CORP | Consumer Cyclical | 4.4% | $189.9m | 2,339,534 | 18% | added |
| 11 | BAC BK OF AMERICA CORP | Financial Services | 4.2% | $180.3m | 4,374,878 | 19% | added |
| 12 | COP CONOCOPHILLIPS | Energy | 4.1% | $177.9m | 1,779,181 | -27% | reduced |
| 13 | DHI D R HORTON INC | Consumer Cyclical | 3.9% | $168.4m | 2,259,610 | 33% | added |
| 14 | JPM JPMORGAN CHASE & CO | Financial Services | 3.7% | $160.3m | 1,176,186 | 18% | added |
| 15 | EBAY EBAY INC. | Consumer Cyclical | 3.7% | $160.0m | 2,795,121 | 19% | added |
| 16 | DISCOVERY INC | 3.3% | $143.3m | 5,739,529 | 47% | added | |
| 17 | CVX CHEVRON CORP NEW | Energy | 2.8% | $121.7m | 747,470 | -35% | reduced |
| 18 | HD HOME DEPOT INC | Consumer Cyclical | 2.7% | $116.7m | 389,901 | 17% | added |
| 19 | UHAL AMERCO | Industrials | 2.4% | $104.6m | 175,173 | 20% | added |
| 20 | QCOM QUALCOMM INC | Technology | 2.3% | $97.9m | 640,373 | 17% | added |
| 21 | CACC CREDIT ACCEP CORP MICH | Financial Services | 2.0% | $85.8m | 155,899 | 21% | added |
| 22 | PFE PFIZER INC | Healthcare | 1.5% | $62.6m | 1,208,948 | -33% | reduced |
| 23 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.3% | $56.3m | 159,444 | -39% | reduced | |
| 24 | CMCSA COMCAST CORP NEW | Communication Services | 1.2% | $52.2m | 1,114,113 | -37% | reduced |
| 25 | OGN ORGANON & CO | Healthcare | 1.0% | $42.4m | 1,215,042 | 459% | added |
| 26 | DISCOVERY INC | 0.8% | $34.9m | 1,399,009 | -1% | reduced | |
| 27 | OCCIDENTAL PETE CORP | 0.1% | $6.0m | 169,860 | 235% | added | |
| 28 | CVE CENOVUS ENERGY INC | Energy | 0.1% | $4.4m | 264,647 | 1049% | added |
| 29 | WFG WEST FRASER TIMBER CO LTD | Basic Materials | 0.1% | $3.7m | 44,425 | 625% | added |
| 30 | LIBERTY GLOBAL PLC | 0.0% | $1.9m | 71,551 | 625% | added | |
| 31 | CENOVUS ENERGY INC | 0.0% | $548.0k | 47,223 | 27% | added |
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.