Smead Capital Management, Inc.
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$4.60B
Q ending 2026-03-31
Prior quarter
$4.82B
Q ending 2025-12-31
Change
-4.6% QoQ · -21.2% YoY
Positions
32
reported holdings
Largest positions
All 32 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Cenovus Energy Inc | CVE | Shares | $394.5M | 14.9M |
| Apa Corporation | APA | Shares | $351.0M | 8.3M |
| Merck & Co Inc | MRK | Shares | $297.3M | 2.5M |
| Simon Ppty Group Inc New | SPG | Shares | $291.0M | 1.6M |
| Amgen Inc | AMGN | Shares | $245.6M | 698K |
| Macerich Co | MAC | Shares | $229.7M | 12.2M |
| Conocophillips | COP | Shares | $220.6M | 1.7M |
| Diamondback Energy Inc | FANG | Shares | $211.5M | 1.1M |
| D R Horton Inc | DHI | Shares | $205.5M | 1.5M |
| Occidental Pete Corp | OXY | Shares | $201.2M | 3.1M |
| American Express Co | AXP | Shares | $182.3M | 603K |
| Target Corp | TGT | Shares | $180.9M | 1.5M |
| Ebay Inc. | EBAY | Shares | $161.2M | 1.8M |
| Nvr Inc | NVR | Shares | $141.9M | 22K |
| Lennar Corp | LEN | Shares | $137.7M | 1.6M |
| Bank America Corp | BAC | Shares | $134.5M | 2.8M |
| Fifth Third Bancorp | FITB | Shares | $131.5M | 2.8M |
| Jpmorgan Chase & Co | JPM | Shares | $122.4M | 416K |
| Home Depot Inc | HD | Shares | $101.1M | 307K |
| Western Alliance Bancorp | WAL | Shares | $96.0M | 1.4M |
| U Haul Holding Company | UHAL/B | Shares | $95.9M | 2.1M |
| Unitedhealth Group Inc | UNH | Shares | $93.9M | 347K |
| Credit Accep Corp Mich | CACC | Shares | $89.1M | 210K |
| Qualcomm Inc | QCOM | Shares | $70.3M | 546K |
| Ulta Beauty Inc | ULTA | Shares | $65.3M | 125K |
| M & T Bk Corp | MTB | Shares | $60.7M | 294K |
| Crocs Inc | CROX | Shares | $42.9M | 517K |
| Frontline Plc | Shares | $21.4M | 611K | |
| West Fraser Timber Ltd | WFG | Shares | $7.5M | 115K |
| Occidental Pete Corp | OXY/WS | Shares | $6.5M | 151K |
| Garrett Motion Inc | GTX | Shares | $4.6M | 255K |
| Ishares Tr | IWD | Shares | $1.3M | 6K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.