Latest Smead Capital Management, Inc. Stock Portfolio

$4.71Billion | No. of Holdings #31

Smead Capital Management, Inc. Performance

2026 Q3+1.48%

YTD+16.62%

2025+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 2026-10-16, the fund reported it's updated stock portfolio. In the 13F Holdings report, Smead Capital Management, Inc. reported an equity portfolio of $4.7 Billions as of 30 Sep, 2026. <br><br> The top stock holdings of Smead Capital Management, Inc. are CVE, MRK, APA. The fund has invested 9% of it's portfolio in CENOVUS ENERGY INC and 7.1% of portfolio in MERCK & CO INC. <br><br> The fund managers got completely rid off OCCIDENTAL PETE CORP (OXY) stocks. They significantly reduced their stock positions in BANK OF AMER CORP (BAC), TARGET CORP (TGT) and AMGEN INC (AMGN). The fund showed a lot of confidence in some stocks as they added substantially to GARRETT MOTION INC (GTX), WEST FRASER TIMBER CO LTD (WFG) and CROCS INC (CROX).

Smead Capital Management, Inc. Equity Portfolio Value

Last Reported on: 16 Oct, 2026

$4.71Billion

as of Oct 16, 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 1.48% in the last quarter. In trailing 12 months, it's portfolio return was 16.61%.

Performance
S&P 500

New Buys

No new stocks were added by Smead Capital Management, Inc.

Additions

Ticker	% Inc.
garrett motion inc	60.05
west fraser timber co ltd	55.22
crocs inc	45.08
zoetis inc	28.2
frontline plc	20.04
western alliance bancorp	18.54
lennar corp	13.08
occidental pete corp	1.72

Additions to existing portfolio by Smead Capital Management, Inc.

Reductions

Ticker	% Reduced
bank of amer corp	-16.85
target corp	-12.52
amgen inc	-11.03
simon ppty group inc new	-10.34
ishares tr	-7.47
jpmorgan chase & co	-1.86
macerich co	-1.6
nvr inc	-1.48

Smead Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
occidental pete corp	-1,740,140

Smead Capital Management, Inc. got rid off the above stocks

Sector Distribution

Smead Capital Management, Inc. has about 18.7% of it's holdings in Financial Services sector.

Financial Services
Consumer Cyclical
Energy
Healthcare
Real Estate
Others
Consumer Defensive
Industrials

Sector	%
Financial Services	18.7
Consumer Cyclical	18.6
Energy	18.3
Healthcare	17.3
Real Estate	10.7
Others	10.1
Consumer Defensive	4.1
Industrials	2.3

Market Cap. Distribution

Smead Capital Management, Inc. has about 77.3% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
MEGA-CAP
MID-CAP
UNALLOCATED

Category	%
LARGE-CAP	51.8
MEGA-CAP	25.5
MID-CAP	12.6
UNALLOCATED	10.1

Stocks belong to which Index?

About 80.5% 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	75.1
Others	19.6
RUSSELL 2000	5.4

Top 5 Winners (%)		%
FRO	frontline plc	37.9 %
APA	apa corporation	27.4 %
CVE	cenovus energy inc	25.2 %
ULTA	ulta beauty inc	21.0 %
COP	conocophillips	20.3 %

Top 5 Winners ($)		$
CVE	cenovus energy inc	84.8 M
APA	apa corporation	69.6 M
MRK	merck & co inc	39.0 M
AMGN	amgen inc	37.0 M
TGT	target corp	34.5 M

Top 5 Losers (%)		%
GTX	garrett motion inc	-24.1 %
HD	home depot inc	-19.2 %
CACC	credit accep corp mich	-16.5 %
DHI	d r horton inc	-16.0 %
UNH	unitedhealth group inc	-11.6 %

Top 5 Losers ($)		$
DHI	d r horton inc	-36.9 M
MAC	macerich co	-32.2 M
SPG	simon ppty group inc new	-30.4 M
CACC	credit accep corp mich	-20.9 M
HD	home depot inc	-19.7 M

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 31 stocks in it's portfolio. About 55.1% of the portfolio is in top 10 stocks. DHI proved to be the most loss making stock for the portfolio. CVE was the most profitable stock for Smead Capital Management, Inc. last quarter.

$4.71BTotal Value

32.00Positions

16 Oct, 2026Last Reported

Current holdings of Current Stock Holdings of Smead Capital Management, Inc., last reported on 16 Oct, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
AMGN Amgen Inc Amgen IncAMGN Smead Capital Management, Inc.'s holding in Amgen Inc over time	5.25%	586,504	$247.22M 5.25%	decreased 11.03 percentreduced

APA Apa Corporation Apa CorporationAPA Smead Capital Management, Inc.'s holding in Apa Corporation over time	6.81%	7,714,210	$320.45M 6.81%	decreased 1.21 percentreduced

AXP American Express Co American Express CoAXP Smead Capital Management, Inc.'s holding in American Express Co over time	3.63%	562,102	$170.94M 3.63%	decreased 1.22 percentreduced

BAC Bank Of Amer Corp Bank Of Amer CorpBAC Smead Capital Management, Inc.'s holding in Bank Of Amer Corp over time	2.51%	2,167,620	$117.98M 2.51%	decreased 16.85 percentreduced

CACC Credit Accep Corp Mich Credit Accep Corp MichCACC Smead Capital Management, Inc.'s holding in Credit Accep Corp Mich over time	2.22%	196,381	$104.28M 2.22%	decreased 1.22 percentreduced

COP Conocophillips ConocophillipsCOP Smead Capital Management, Inc.'s holding in Conocophillips over time	4.15%	1,558,820	$195.09M 4.15%	decreased 1.21 percentreduced

CROX Crocs Inc Crocs IncCROX Smead Capital Management, Inc.'s holding in Crocs Inc over time	1.77%	709,816	$83.27M 1.77%	increased 45.08 percentadded

CVE Cenovus Energy Inc Cenovus Energy Inc CVE Smead Capital Management, Inc.'s holding in Cenovus Energy Inc over time	8.96%	13,568,100	$421.76M 8.96%	increased 1.48 percentadded

DHI D R Horton Inc D R Horton IncDHI Smead Capital Management, Inc.'s holding in D R Horton Inc over time	4.06%	1,396,710	$190.86M 4.06%	decreased 1.24 percentreduced

EBAY Ebay Inc. Ebay Inc.EBAY Smead Capital Management, Inc.'s holding in Ebay Inc. over time	1.82%	805,908	$85.47M 1.82%	decreased 1.23 percentreduced

FANG Diamondback Energy Inc Diamondback Energy IncFANG Smead Capital Management, Inc.'s holding in Diamondback Energy Inc over time	3.9%	997,743	$183.40M 3.9%	decreased 1.21 percentreduced

FITB Fifth Third Bancorp Fifth Third BancorpFITB Smead Capital Management, Inc.'s holding in Fifth Third Bancorp over time	3.36%	3,125,280	$158.08M 3.36%	decreased 1.47 percentreduced

FRO Frontline Plc Frontline Plc FRO Smead Capital Management, Inc.'s holding in Frontline Plc over time	0.8%	760,775	$37.67M 0.8%	increased 20.04 percentadded

GTX Garrett Motion Inc Garrett Motion IncGTX Smead Capital Management, Inc.'s holding in Garrett Motion Inc over time	0.24%	440,241	$11.46M 0.24%	increased 60.05 percentadded

HD Home Depot Inc Home Depot IncHD Smead Capital Management, Inc.'s holding in Home Depot Inc over time	1.73%	286,495	$81.50M 1.73%	decreased 1.26 percentreduced

IJR Ishares Tr Ishares Tr IJR Smead Capital Management, Inc.'s holding in Ishares Tr over time	0.02%	4,586	$1.14M 0.02%	decreased 7.47 percentreduced

JPM Jpmorgan Chase & Co Jpmorgan Chase & CoJPM Smead Capital Management, Inc.'s holding in Jpmorgan Chase & Co over time	2.71%	385,586	$127.56M 2.71%	decreased 1.86 percentreduced

LEN Lennar Corp Lennar CorpLEN Smead Capital Management, Inc.'s holding in Lennar Corp over time	3.96%	2,284,720	$186.41M 3.96%	increased 13.08 percentadded

MAC Macerich Co Macerich CoMAC Smead Capital Management, Inc.'s holding in Macerich Co over time	5.37%	11,298,400	$252.63M 5.37%	decreased 1.6 percentreduced

MRK Merck & Co Inc Merck & Co IncMRK Smead Capital Management, Inc.'s holding in Merck & Co Inc over time	7.12%	2,305,920	$335.07M 7.12%	decreased 1.22 percentreduced