Smead Capital Management 13F holdings, Q4 2022
Holdings as of December 31, 2022 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 26 US equity positions worth $4.7bn in its Q4 2022 13F filing. The largest position was OXY at 9.2% of the reported book, followed by MRK and AMGN. Against the Q3 2022 filing, it opened 2 new positions, added to 24 and reduced 0 among the top 26 holdings.
What did Smead Capital Management own in Q4 2022? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2022 |
|---|---|---|---|---|---|---|---|
| 1 | OXY OCCIDENTAL PETE CORP | Energy | 9.2% | $430.3m | 6,831,652 | 20% | added |
| 2 | MRK MERCK & CO INC | Healthcare | 7.1% | $330.5m | 2,978,599 | 9% | added |
| 3 | AMGN AMGEN INC | Healthcare | 6.4% | $300.0m | 1,142,204 | 9% | added |
| 4 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 6.0% | $280.1m | 2,384,027 | 15% | added |
| 5 | COP CONOCOPHILLIPS | Energy | 5.9% | $276.0m | 2,339,167 | 29% | added |
| 6 | LEN LENNAR CORP | Consumer Cyclical | 5.7% | $268.1m | 2,962,690 | 16% | added |
| 7 | AXP AMERICAN EXPRESS CO | Financial Services | 5.7% | $265.4m | 1,796,065 | 9% | added |
| 8 | DHI D R HORTON INC | Consumer Cyclical | 5.5% | $256.6m | 2,878,596 | 17% | added |
| 9 | NVR NVR INC | Consumer Cyclical | 5.2% | $242.4m | 52,553 | 9% | added |
| 10 | MAC MACERICH CO | Real Estate | 5.1% | $238.3m | 21,159,964 | 17% | added |
| 11 | OVV OVINTIV INC | Energy | 4.3% | $201.8m | 3,980,218 | – | new |
| 12 | BAC BANK AMERICA CORP | Financial Services | 4.3% | $200.7m | 6,060,013 | 27% | added |
| 13 | TGT TARGET CORP | Consumer Defensive | 4.1% | $190.8m | 1,279,875 | 9% | added |
| 14 | JPM JPMORGAN CHASE & CO | Financial Services | 4.0% | $187.5m | 1,398,335 | 9% | added |
| 15 | CVX CHEVRON CORP NEW | Energy | 3.2% | $147.5m | 821,846 | 8% | added |
| 16 | HD HOME DEPOT INC | Consumer Cyclical | 3.1% | $145.4m | 460,194 | 9% | added |
| 17 | EBAY EBAY INC. | Consumer Cyclical | 2.9% | $136.9m | 3,300,590 | 9% | added |
| 18 | WBD WARNER BROS DISCOVERY INC | Communication Services | 2.4% | $112.9m | 11,908,000 | 20% | added |
| 19 | U HAUL HOLDING COMPANY | 2.4% | $110.5m | 2,009,605 | – | new | |
| 20 | CACC CREDIT ACCEP CORP MICH | Financial Services | 1.9% | $87.6m | 184,744 | 9% | added |
| 21 | QCOM QUALCOMM INC | Technology | 1.8% | $83.6m | 760,687 | 9% | added |
| 22 | PFE PFIZER INC | Healthcare | 1.6% | $73.0m | 1,425,205 | 9% | added |
| 23 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.2% | $58.3m | 188,872 | 9% | added | |
| 24 | UHAL U HAUL HOLDING COMPANY | Industrials | 0.7% | $34.9m | 579,446 | 207% | added |
| 25 | OCCIDENTAL PETE CORP | 0.2% | $8.2m | 199,839 | 4% | added | |
| 26 | CVE CENOVUS ENERGY INC | Energy | 0.2% | $7.7m | 395,442 | 4% | 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.