Smead Capital Management 13F holdings, Q3 2022
Holdings as of September 30, 2022 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 27 US equity positions worth $3.8bn in its Q3 2022 13F filing. The largest position was CONTINENTAL RES INC at 12.3% of the reported book, followed by OXY and AMGN. Against the Q2 2022 filing, it opened 0 new positions, added to 20 and reduced 6 among the top 27 holdings.
What did Smead Capital Management own in Q3 2022? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2022 |
|---|---|---|---|---|---|---|---|
| 1 | CONTINENTAL RES INC | 12.3% | $471.2m | 7,052,830 | -1% | reduced | |
| 2 | OXY OCCIDENTAL PETE CORP | Energy | 9.1% | $349.9m | 5,694,759 | 0% | held |
| 3 | AMGN AMGEN INC | Healthcare | 6.1% | $235.4m | 1,044,289 | 2% | added |
| 4 | MRK MERCK & CO INC | Healthcare | 6.1% | $234.5m | 2,723,102 | 2% | added |
| 5 | AXP AMERICAN EXPRESS CO | Financial Services | 5.8% | $221.6m | 1,642,258 | 2% | added |
| 6 | NVR NVR INC | Consumer Cyclical | 5.0% | $191.5m | 48,032 | 2% | added |
| 7 | LEN LENNAR CORP | Consumer Cyclical | 4.9% | $189.9m | 2,547,340 | 2% | added |
| 8 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 4.8% | $185.9m | 2,071,191 | 13% | added |
| 9 | COP CONOCOPHILLIPS | Energy | 4.8% | $185.2m | 1,809,652 | -1% | reduced |
| 10 | TGT TARGET CORP | Consumer Defensive | 4.5% | $173.6m | 1,169,982 | 2% | added |
| 11 | DHI D R HORTON INC | Consumer Cyclical | 4.3% | $165.6m | 2,458,277 | 2% | added |
| 12 | MAC MACERICH CO | Real Estate | 3.7% | $143.8m | 18,116,435 | 26% | added |
| 13 | BAC BK OF AMERICA CORP | Financial Services | 3.7% | $143.8m | 4,759,922 | 2% | added |
| 14 | JPM JPMORGAN CHASE & CO | Financial Services | 3.5% | $133.6m | 1,278,068 | 2% | added |
| 15 | HD HOME DEPOT INC | Consumer Cyclical | 3.0% | $116.1m | 420,771 | 2% | added |
| 16 | WBD WARNER BROS DISCOVERY INC | Communication Services | 3.0% | $114.3m | 9,940,411 | 12% | added |
| 17 | EBAY EBAY INC. | Consumer Cyclical | 2.9% | $111.1m | 3,017,032 | 2% | added |
| 18 | CVX CHEVRON CORP NEW | Energy | 2.8% | $109.2m | 760,304 | -1% | reduced |
| 19 | UHAL AMERCO | Industrials | 2.5% | $96.2m | 188,868 | 2% | added |
| 20 | QCOM QUALCOMM INC | Technology | 2.0% | $78.6m | 695,423 | 2% | added |
| 21 | CACC CREDIT ACCEP CORP MICH | Financial Services | 1.9% | $73.9m | 168,818 | 2% | added |
| 22 | PFE PFIZER INC | Healthcare | 1.5% | $57.0m | 1,302,628 | 2% | added |
| 23 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.2% | $46.1m | 172,640 | 2% | added | |
| 24 | OCCIDENTAL PETE CORP | 0.2% | $7.6m | 191,631 | -18% | reduced | |
| 25 | CVE CENOVUS ENERGY INC | Energy | 0.2% | $5.8m | 379,852 | -9% | reduced |
| 26 | FRO FRONTLINE LTD | Energy | 0.1% | $3.5m | 311,195 | 5% | added |
| 27 | LIBERTY GLOBAL PLC | 0.0% | $1.3m | 76,683 | -31% | reduced |
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.