Smead Capital Management 13F holdings, Q2 2022
Holdings as of June 30, 2022 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 31 US equity positions worth $3.9bn in its Q2 2022 13F filing. The largest position was CONTINENTAL RES INC at 11.9% of the reported book, followed by OXY and AMGN. Against the Q1 2022 filing, it opened 2 new positions, added to 27 and reduced 1 among the top 31 holdings.
What did Smead Capital Management own in Q2 2022? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2022 |
|---|---|---|---|---|---|---|---|
| 1 | CONTINENTAL RES INC | 11.9% | $464.2m | 7,103,892 | -2% | reduced | |
| 2 | OXY OCCIDENTAL PETE CORP | Energy | 8.6% | $335.2m | 5,692,287 | 3% | added |
| 3 | AMGN AMGEN INC | Healthcare | 6.4% | $250.0m | 1,027,703 | 6% | added |
| 4 | MRK MERCK & CO INC | Healthcare | 6.2% | $244.3m | 2,679,876 | 6% | added |
| 5 | AXP AMERICAN EXPRESS CO | Financial Services | 5.7% | $224.0m | 1,616,221 | 7% | added |
| 6 | NVR NVR INC | Consumer Cyclical | 4.8% | $189.3m | 47,271 | 7% | added |
| 7 | LEN LENNAR CORP | Consumer Cyclical | 4.5% | $176.9m | 2,507,093 | 7% | added |
| 8 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 4.4% | $173.3m | 1,825,669 | 7% | added |
| 9 | COP CONOCOPHILLIPS | Energy | 4.2% | $163.7m | 1,823,093 | 2% | added |
| 10 | TGT TARGET CORP | Consumer Defensive | 4.2% | $162.6m | 1,151,444 | 7% | added |
| 11 | DHI D R HORTON INC | Consumer Cyclical | 4.1% | $160.1m | 2,419,204 | 7% | added |
| 12 | BAC BK OF AMERICA CORP | Financial Services | 3.7% | $145.8m | 4,684,078 | 7% | added |
| 13 | JPM JPMORGAN CHASE & CO | Financial Services | 3.6% | $141.6m | 1,257,743 | 7% | added |
| 14 | MAC MACERICH CO | Real Estate | 3.2% | $125.2m | 14,377,057 | 7% | added |
| 15 | EBAY EBAY INC. | Consumer Cyclical | 3.2% | $123.7m | 2,969,392 | 6% | added |
| 16 | WBD WARNER BROS DISCOVERY INC | Communication Services | 3.1% | $119.3m | 8,887,222 | – | new |
| 17 | HD HOME DEPOT INC | Consumer Cyclical | 2.9% | $113.6m | 414,148 | 6% | added |
| 18 | CVX CHEVRON CORP NEW | Energy | 2.8% | $110.9m | 765,951 | 2% | added |
| 19 | UHAL AMERCO | Industrials | 2.3% | $88.9m | 185,854 | 6% | added |
| 20 | QCOM QUALCOMM INC | Technology | 2.2% | $87.4m | 684,460 | 7% | added |
| 21 | CACC CREDIT ACCEP CORP MICH | Financial Services | 2.0% | $78.6m | 166,121 | 7% | added |
| 22 | PFE PFIZER INC | Healthcare | 1.7% | $67.2m | 1,282,010 | 6% | added |
| 23 | CMCSA COMCAST CORP NEW | Communication Services | 1.2% | $46.5m | 1,184,835 | 6% | added |
| 24 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.2% | $46.4m | 169,893 | 7% | added | |
| 25 | OGN ORGANON & CO | Healthcare | 1.1% | $43.7m | 1,295,225 | 7% | added |
| 26 | OCCIDENTAL PETE CORP | 0.2% | $8.6m | 233,128 | 37% | added | |
| 27 | CVE CENOVUS ENERGY INC | Energy | 0.2% | $8.0m | 418,238 | 58% | added |
| 28 | WFG WEST FRASER TIMBER CO LTD | Basic Materials | 0.1% | $5.3m | 69,365 | 56% | added |
| 29 | FRO FRONTLINE LTD | Energy | 0.1% | $2.7m | 296,905 | – | new |
| 30 | LIBERTY GLOBAL PLC | 0.1% | $2.5m | 111,715 | 56% | added | |
| 31 | CENOVUS ENERGY INC | 0.0% | $657.0k | 47,223 | 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.