Smead Capital Management as of Dec. 31, 2025
Portfolio Holdings for Smead Capital Management
Smead Capital Management holds 32 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Simon Property (SPG) | 6.9 | $332M | 1.8M | 185.11 | |
| Merck & Co (MRK) | 6.2 | $299M | 2.8M | 105.26 | |
| American Express Company (AXP) | 5.9 | $284M | 768k | 369.95 | |
| Cenovus Energy (CVE) | 5.9 | $284M | 17M | 16.92 | |
| Amgen (AMGN) | 5.4 | $262M | 802k | 327.31 | |
| Macerich Company (MAC) | 5.3 | $258M | 14M | 18.46 | |
| D.R. Horton (DHI) | 5.1 | $248M | 1.7M | 144.03 | |
| Apa Corporation (APA) | 4.8 | $232M | 9.5M | 24.46 | |
| Lennar Corp Cl A (LEN) | 3.9 | $187M | 1.8M | 102.80 | |
| Diamondback Energy (FANG) | 3.8 | $185M | 1.2M | 150.33 | |
| JPMorgan Chase & Co. (JPM) | 3.8 | $181M | 563k | 322.22 | |
| NVR (NVR) | 3.7 | $181M | 25k | 7292.70 | |
| ConocoPhillips (COP) | 3.7 | $180M | 1.9M | 93.61 | |
| eBay (EBAY) | 3.7 | $177M | 2.0M | 87.10 | |
| Bank of America Corporation (BAC) | 3.6 | $174M | 3.2M | 55.00 | |
| Target Corporation (TGT) | 3.5 | $168M | 1.7M | 97.75 | |
| Fifth Third Ban (FITB) | 3.2 | $152M | 3.3M | 46.81 | |
| Occidental Petroleum Corporation (OXY) | 3.0 | $146M | 3.5M | 41.12 | |
| Western Alliance Bancorporation (WAL) | 2.7 | $131M | 1.6M | 84.07 | |
| Home Depot (HD) | 2.5 | $121M | 353k | 344.10 | |
| U Haul Holding Company Com Ser N (UHAL.B) | 2.4 | $115M | 2.5M | 46.74 | |
| Qualcomm (QCOM) | 2.2 | $107M | 627k | 171.05 | |
| UnitedHealth (UNH) | 2.1 | $102M | 309k | 330.11 | |
| Ulta Salon, Cosmetics & Fragrance (ULTA) | 1.8 | $87M | 144k | 605.01 | |
| Credit Acceptance (CACC) | 1.7 | $84M | 188k | 443.46 | |
| M&T Bank Corporation (MTB) | 1.4 | $68M | 338k | 201.48 | |
| Crocs (CROX) | 1.1 | $51M | 595k | 85.52 | |
| Frontline (FRO) | 0.3 | $13M | 587k | 22.05 | |
| Garrett Motion (GTX) | 0.1 | $4.3M | 244k | 17.43 | |
| West Fraser Timb (WFG) | 0.1 | $3.3M | 55k | 61.18 | |
| Occidental Pete Corp *w Exp 08/03/202 (OXY.WS) | 0.1 | $2.9M | 153k | 19.27 | |
| Ishares Tr Rus 1000 Val Etf (IWD) | 0.0 | $924k | 4.4k | 210.33 |
