Latest DONALD SMITH & CO., INC. Stock Portfolio

DONALD SMITH & CO., INC. Performance:

2025 Q4: 5.92%YTD: 31.14%2024: 13.4%

Performance for 2025 Q4 is 5.92%, and YTD is 31.14%, and 2024 is 13.4%.

About DONALD SMITH & CO., INC. and 13F Hedge Fund Stock Holdings

DONALD SMITH & CO., INC. is a hedge fund based in New York, NY. On 2026-02-11, the fund reported it's updated stock portfolio. In the 13F Holdings report, DONALD SMITH & CO., INC. reported an equity portfolio of $5.3 Billions as of 31 Dec, 2025.

The top stock holdings of DONALD SMITH & CO., INC. are , , . The fund has invested 8.3% of it's portfolio in AERCAP HOLDINGS NV and 6.1% of portfolio in IAMGOLD CORP.

The fund managers got completely rid off GUILD HOLDINGS CO- CLASS A (GHLD), JAMES RIVER GROUP HOLDINGS (JRVR) and MICRON TECH (MU) stocks. They significantly reduced their stock positions in HUDBAY MINERALS, FERROGLOBE PLC (GSM) and UNUM GROUP (UNM). DONALD SMITH & CO., INC. opened new stock positions in WEST FRASER TIMBER CO LTD and WATERSTONE FINANCIAL INC (WSBF). The fund showed a lot of confidence in some stocks as they added substantially to KB HOME (KBH), RYERSON HOLDING CORP (RYI) and HAMILTON INSURANCE GROUP - CLASS B.

DONALD SMITH & CO., INC. Annual Return Estimates Vs S&P 500

Our best estimate is that DONALD SMITH & CO., INC. made a return of 5.92% in the last quarter. In trailing 12 months, it's portfolio return was 31.14%.

Performance
S&P 500

New Buys

Ticker	$ Bought
west fraser timber co ltd	91,013,700
james river group holdings	10,629,000
waterstone financial inc	2,114,590

New stocks bought by DONALD SMITH & CO., INC.

Additions

Ticker	% Inc.
kb home	387
ryerson holding corp	207
hamilton insurance group - class b	71.25
titan international inc	59.14
metallus inc	49.59
gerdau sa	49.18
radian group inc	43.7
harley-davidson inc	30.8

Additions to existing portfolio by DONALD SMITH & CO., INC.

Reductions

Ticker	% Reduced
hudbay minerals	-99.38
cool co ltd	-78.75
equinox gold corp	-64.81
global ship lease inc- cl a	-34.42
ferroglobe plc	-29.06
unum group	-26.11
bristow group inc	-23.85
universal insurance holdings	-23.11

DONALD SMITH & CO., INC. reduced stake in above stock

Sold off

Ticker	$ Sold
james river group holdings	-1,734,010
guild holdings co- class a	-3,170,220
micron tech	-416,292

DONALD SMITH & CO., INC. got rid off the above stocks

Sector Distribution

DONALD SMITH & CO., INC. has about 45% of it's holdings in Others sector.

Sector	%
Others	45
Financial Services	23.9
Consumer Cyclical	14.3
Industrials	6.4
Real Estate	5.3
Basic Materials	2.7
Energy	2.4

Market Cap. Distribution

DONALD SMITH & CO., INC. has about 12% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	45
MID-CAP	31
LARGE-CAP	12
SMALL-CAP	11.2

Stocks belong to which Index?

About 41.8% of the stocks held by DONALD SMITH & CO., INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	58.2
RUSSELL 2000	33.8
S&P 500	8

Top 5 Winners (%)		%
ALGT	allegiant travel co	39.5 %
GM	general motors	32.6 %
	centerra gold inc.	30.0 %
UVE	universal insurance holdings	25.2 %
DC	dakota gold corp	24.8 %

Top 5 Winners ($)		$
	iamgold corp.	78.8 M
	aercap holdings nv	70.6 M
	eldorado gold corp	53.6 M
	centerra gold inc.	46.9 M
ALGT	allegiant travel co	42.5 M

Top 5 Losers (%)		%
MOS	the mosaic company	-28.3 %
HOG	harley-davidson inc	-24.2 %
MPAA	motorcar parts of america	-23.7 %
BZH	beazer homes usa inc	-17.4 %
CIVI	civitas resources inc	-16.4 %

Top 5 Losers ($)		$
HOG	harley-davidson inc	-58.2 M
MOS	the mosaic company	-44.0 M
CIVI	civitas resources inc	-23.8 M
MHO	m/i homes	-23.5 M
BZH	beazer homes usa inc	-12.9 M

DONALD SMITH & CO., INC. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of DONALD SMITH & CO., INC.

DONALD SMITH & CO., INC. has 60 stocks in it's portfolio. About 44.3% of the portfolio is in top 10 stocks. HOG proved to be the most loss making stock for the portfolio. was the most profitable stock for DONALD SMITH & CO., INC. last quarter.

Last Reported on: 11 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALGT	allegiant travel co	2.71	1,697,900	144,780,000	reduced	-4.07

ALLY	ally financial inc	2.31	2,722,910	123,321,000	added	6.37

ASIX	advansix inc	0.08	245,950	4,254,940	added	8.56

ASTL	algoma steel group inc	0.45	5,861,630	24,032,700	reduced	-1.27

BZH	beazer homes usa inc	1.15	3,014,790	61,109,800	reduced	-0.47

C	citigroup inc	2.76	1,260,430	147,080,000	added	4.72

CIVI	civitas resources inc	2.28	4,485,480	121,512,000	added	3.67

CLDT	chatham lodging trust	0.60	4,684,550	31,901,800	added	1.93

CRBG	corebridge financial inc	2.46	4,344,220	131,065,000	added	27.26

DC	dakota gold corp	0.12	1,080,000	6,134,400	unchanged	0.00

GHLD	guild holdings co- class a	0.00	0.00	0.00	sold off	-100

GM	general motors	2.59	1,702,430	138,442,000	reduced	-4.46

GNW	genworth financial inc.	4.02	23,775,900	214,696,000	reduced	-4.81

GSM	ferroglobe plc	0.47	5,359,070	24,866,100	reduced	-29.06

HMC	honda motor co adr	1.46	2,648,830	78,087,400	added	28.67

HOFT	hooker furnishings corp	0.23	1,066,750	12,043,700	added	7.1

HOG	harley-davidson inc	3.42	8,899,200	182,345,000	added	30.8

IJR	russell 1000	0.05	13,000	2,734,420	reduced	-20.25

JRVR	james river group holdings	0.00	0.00	0.00	sold off	-100

JXN	jackson financial inc	3.90	1,954,400	208,437,000	reduced	-0.52