Smead Capital Management as of Sept. 30, 2025
Portfolio Holdings for Smead Capital Management
Smead Capital Management holds 34 positions in its portfolio as reported in the September 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Simon Property (SPG) | 6.9 | $360M | 1.9M | 187.67 | |
| D.R. Horton (DHI) | 6.0 | $312M | 1.8M | 169.47 | |
| Cenovus Energy (CVE) | 5.4 | $278M | 16M | 16.98 | |
| American Express Company (AXP) | 5.3 | $273M | 822k | 332.16 | |
| Macerich Company (MAC) | 5.2 | $272M | 15M | 18.20 | |
| Merck & Co (MRK) | 4.9 | $255M | 3.0M | 83.93 | |
| Apa Corporation (APA) | 4.8 | $247M | 10M | 24.28 | |
| Lennar Corp Cl A (LEN) | 4.7 | $246M | 1.9M | 126.04 | |
| Amgen (AMGN) | 4.7 | $242M | 857k | 282.20 | |
| NVR (NVR) | 4.1 | $213M | 27k | 8034.69 | |
| eBay (EBAY) | 3.8 | $198M | 2.2M | 90.95 | |
| JPMorgan Chase & Co. (JPM) | 3.7 | $190M | 602k | 315.43 | |
| Diamondback Energy (FANG) | 3.6 | $188M | 1.3M | 143.10 | |
| Occidental Petroleum Corporation (OXY) | 3.5 | $179M | 3.8M | 47.25 | |
| Bank of America Corporation (BAC) | 3.4 | $175M | 3.4M | 51.59 | |
| ConocoPhillips (COP) | 3.2 | $166M | 1.8M | 94.59 | |
| Target Corporation (TGT) | 3.2 | $164M | 1.8M | 89.70 | |
| Home Depot (HD) | 3.0 | $153M | 377k | 405.19 | |
| Encana Corporation (OVV) | 2.7 | $140M | 3.5M | 40.38 | |
| U Haul Holding Company Com Ser N (UHAL.B) | 2.6 | $134M | 2.6M | 50.90 | |
| Western Alliance Bancorporation (WAL) | 2.2 | $116M | 1.3M | 86.72 | |
| UnitedHealth (UNH) | 2.2 | $114M | 330k | 345.30 | |
| Qualcomm (QCOM) | 2.2 | $112M | 670k | 166.36 | |
| Credit Acceptance (CACC) | 1.8 | $94M | 201k | 466.93 | |
| Ulta Salon, Cosmetics & Fragrance (ULTA) | 1.6 | $84M | 153k | 546.75 | |
| Fifth Third Ban (FITB) | 1.4 | $72M | 1.6M | 44.55 | |
| M&T Bank Corporation (MTB) | 1.4 | $71M | 361k | 197.62 | |
| Crocs (CROX) | 1.0 | $53M | 634k | 83.55 | |
| Devon Energy Corporation (DVN) | 1.0 | $52M | 1.5M | 35.06 | |
| Frontline (FRO) | 0.3 | $14M | 590k | 22.81 | |
| West Fraser Timb (WFG) | 0.2 | $8.2M | 120k | 67.97 | |
| Occidental Pete Corp *w Exp 08/03/202 (OXY.WS) | 0.1 | $3.9M | 154k | 25.50 | |
| Ishares Tr Rus 1000 Val Etf (IWD) | 0.0 | $1.1M | 5.5k | 203.57 | |
| Vanguard Index Fds Value Etf (VTV) | 0.0 | $246k | 1.3k | 186.46 |
