Latest Smead Capital Management, Inc. Stock Portfolio
$4.60Billion– No. of Holdings #32
Smead Capital Management, Inc. Performance:
2026 Q1: 8.58%YTD: 8.58%2025: 4.09%
Performance for 2026 Q1 is 8.58%, and YTD is 8.58%, and 2025 is 4.09%.
About Smead Capital Management, Inc. and 13F Hedge Fund Stock Holdings
Smead Capital Management, Inc. is a hedge fund based in Phoenix, AZ. On 2026-05-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, Smead Capital Management, Inc. reported an equity portfolio of $4.6 Billions as of 31 Mar, 2026.
The top stock holdings of Smead Capital Management, Inc. are CVE, APA, MRK. The fund has invested 8.6% of it's portfolio in CENOVUS ENERGY INC and 7.6% of portfolio in APA CORPORATION.
They significantly reduced their stock positions in JPMORGAN CHASE & CO (JPM), AMERICAN EXPRESS CO (AXP) and CROCS INC (CROX). The fund showed a lot of confidence in some stocks as they added substantially to WEST FRASER TIMBER LTD (WFG), ISHARES TR (IJR) and UNITEDHEALTH GROUP INC (UNH).
The top stock holdings of Smead Capital Management, Inc. are CVE, APA, MRK. The fund has invested 8.6% of it's portfolio in CENOVUS ENERGY INC and 7.6% of portfolio in APA CORPORATION.
They significantly reduced their stock positions in JPMORGAN CHASE & CO (JPM), AMERICAN EXPRESS CO (AXP) and CROCS INC (CROX). The fund showed a lot of confidence in some stocks as they added substantially to WEST FRASER TIMBER LTD (WFG), ISHARES TR (IJR) and UNITEDHEALTH GROUP INC (UNH).
Smead Capital Management, Inc. Equity Portfolio Value
Last Reported on: 14 May, 2026
Smead Capital Management, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Smead Capital Management, Inc. made a return of 8.58% in the last quarter. In trailing 12 months, it's portfolio return was 17.45%.
- Performance
- S&P 500
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| west fraser timber ltd | 109 |
| ishares tr | 42.62 |
| unitedhealth group inc | 12.43 |
| credit accep corp mich | 11.75 |
| garrett motion inc | 4.36 |
| frontline plc | 4.08 |
Additions to existing portfolio by Smead Capital Management, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| jpmorgan chase & co | -26.07 |
| american express co | -21.57 |
| crocs inc | -13.04 |
| u haul holding company | -12.99 |
| apa corporation | -12.98 |
| amgen inc | -12.96 |
| nvr inc | -12.96 |
| lennar corp | -12.95 |
Smead Capital Management, Inc. reduced stake in above stock
Sold off
Sector Distribution
Smead Capital Management, Inc. has about 21.6% of it's holdings in Energy sector.
- Energy
- Consumer Cyclical
- Financial Services
- Healthcare
- Real Estate
- Others
- Consumer Defensive
- Industrials
- Technology
| Sector | % |
|---|---|
| Energy | 21.6 |
| Consumer Cyclical | 18.7 |
| Financial Services | 17.8 |
| Healthcare | 13.9 |
| Real Estate | 11.3 |
| Others | 9.2 |
| Consumer Defensive | 3.9 |
| Industrials | 2.1 |
| Technology | 1.5 |
Market Cap. Distribution
Smead Capital Management, Inc. has about 75.2% of it's portfolio invested in the large-cap and mega-cap stocks.
- LARGE-CAP
- MEGA-CAP
- MID-CAP
- UNALLOCATED
| Category | % |
|---|---|
| LARGE-CAP | 54.9 |
| MEGA-CAP | 20.3 |
| MID-CAP | 15.6 |
| UNALLOCATED | 9.2 |
Stocks belong to which Index?
About 83.6% of the stocks held by Smead Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.
- S&P 500
- Others
- RUSSELL 2000
| Index | % |
|---|---|
| S&P 500 | 78.6 |
| Others | 16.4 |
| RUSSELL 2000 | 5 |
Smead Capital Management, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Smead Capital Management, Inc.
Smead Capital Management, Inc. has 32 stocks in it's portfolio. About 57.6% of the portfolio is in top 10 stocks. AXP proved to be the most loss making stock for the portfolio. APA was the most profitable stock for Smead Capital Management, Inc. last quarter.
Last Reported on: 14 May, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMGN | amgen inc | 5.34 | 697,919 | 245,563,000 | reduced | -12.96 | ||
| APA | apa corporation | 7.64 | 8,269,820 | 350,971,000 | reduced | -12.98 | ||
| AXP | american express co | 3.96 | 602,643 | 182,288,000 | reduced | -21.57 | ||
| BAC | bank america corp | 2.93 | 2,759,680 | 134,535,000 | reduced | -12.94 | ||
| CACC | credit accep corp mich | 1.94 | 210,470 | 89,125,800 | added | 11.75 | ||
| COP | conocophillips | 4.80 | 1,671,300 | 220,612,000 | reduced | -12.84 | ||
| CROX | crocs inc | 0.93 | 517,170 | 42,935,500 | reduced | -13.04 | ||
| CVE | cenovus energy inc | 8.58 | 14,868,000 | 394,457,000 | reduced | -11.31 | ||
| DHI | d r horton inc | 4.47 | 1,497,720 | 205,518,000 | reduced | -12.92 | ||
| EBAY | ebay inc. | 3.51 | 1,771,490 | 161,241,000 | reduced | -12.86 | ||
| FANG | diamondback energy inc | 4.60 | 1,069,330 | 211,502,000 | reduced | -12.91 | ||
| FITB | fifth third bancorp | 2.86 | 2,831,420 | 131,548,000 | reduced | -12.88 | ||
| FRO | frontline plc | 0.47 | 610,694 | 21,415,800 | added | 4.08 | ||
| GTX | garrett motion inc | 0.10 | 254,910 | 4,631,720 | added | 4.36 | ||
| HD | home depot inc | 2.20 | 307,339 | 101,081,000 | reduced | -12.89 | ||
| IJR | ishares tr | 0.03 | 6,264 | 1,338,620 | added | 42.62 | ||
| JPM | jpmorgan chase & co | 2.66 | 416,094 | 122,398,000 | reduced | -26.07 | ||
| LEN | lennar corp | 3.00 | 1,586,220 | 137,748,000 | reduced | -12.95 | ||
| MAC | macerich co | 5.00 | 12,155,300 | 229,736,000 | reduced | -12.95 | ||
| MRK | merck & co inc | 6.47 | 2,471,400 | 297,285,000 | reduced | -12.93 | ||