2026 Q2 Portfolio Activity
In 2026 Q2, Smead Capital Management, Inc. maintained a portfolio of 33 distinct positions. The most significant new addition was ZOETIS INC, now representing 1.90% of the total fund value. They heavily accumulated shares in NVR INC, increasing the position by 31.2%. The fund also reduced its exposure to EBAY INC. by 53.9%.
Position History
hover any row below to update
Loading…
Total Positions
33
Quarter
2026 Q2
Top Holding
CVE (7.1%)
Top 10 Concentration
54.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-33 of 33
Smead Capital Management, Inc. Full Holdings List — 2026 Q2
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
CVE
CENOVUS ENERGY ...
|
Energy | 7.11% | 8.58% |
#1
Prev: #1
|
5.3 |
—
|
-1,497,372 | -10.1% |
P
S
|
13,370,631 | $331,448,279 | 2021 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
SPG
SIMON PPTY GROU...
|
Real Estate | 6.71% | 6.33% |
#2
2
Prev: #4
|
4.7 |
—
|
-160,135 | -10.3% |
P
S
|
1,399,725 | $313,048,462 | 2020 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
MRK
MERCK & CO INC
|
Healthcare | 6.43% | 6.47% |
#3
Prev: #3
|
4.1 |
—
|
-136,930 | -5.5% |
P
S
|
2,334,468 | $299,979,141 | 2007 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
MAC
MACERICH CO
|
Real Estate | 6.20% | 5.00% |
#4
2
Prev: #6
|
3.5 |
—
|
-673,620 | -5.5% |
P
S
|
11,481,712 | $289,224,315 | 2019 Q3 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
APA
APA CORPORATION
|
Energy | 5.46% | 7.63% |
#5
3
Prev: #2
|
3.2 |
—
|
-461,247 | -5.6% |
P
S
|
7,808,568 | $254,325,060 | 2023 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
AMGN
AMGEN INC
|
Healthcare | 5.12% | 5.34% |
#6
1
Prev: #5
|
2.5 |
—
|
-38,678 | -5.5% |
P
S
|
659,241 | $238,724,236 | 2015 Q3 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
DHI
D R HORTON INC
|
Consumer Cyclical | 4.94% | 4.47% |
#7
2
Prev: #9
|
2.5 |
—
|
-83,502 | -5.6% |
P
S
|
1,414,221 | $230,348,292 | 2020 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
AXP
AMERICAN EXPRES...
|
Financial Services | 4.13% | 3.97% |
#8
3
Prev: #11
|
2.2 |
—
|
-33,580 | -5.6% |
P
S
|
569,063 | $192,485,405 | 2015 Q3 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
NVR
NVR INC
|
Consumer Cyclical | 4.13% | 3.09% |
#9
5
Prev: #14
|
4.2 |
—
|
6,710 | 31.2% |
P
S
|
28,248 | $192,467,935 | 2013 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
TGT
TARGET CORP
|
Consumer Defensive | 3.95% | 3.94% |
#10
2
Prev: #12
|
2.1 |
—
|
-82,704 | -5.5% |
P
S
|
1,409,966 | $184,155,643 | 2017 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
LEN
LENNAR CORP
|
Consumer Cyclical | 3.92% | 3.00% |
#11
4
Prev: #15
|
4.1 |
—
|
434,216 | 27.4% |
P
S
|
2,020,441 | $182,829,716 | 2016 Q3 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
FITB
FIFTH THIRD BAN...
|
Financial Services | 3.84% | 2.86% |
#12
5
Prev: #17
|
3.5 |
—
|
340,401 | 12.0% |
P
S
|
3,171,824 | $178,795,730 | 2023 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
FANG
DIAMONDBACK ENE...
|
Energy | 3.81% | 4.60% |
#13
5
Prev: #8
|
2.0 |
—
|
-59,339 | -5.5% |
P
S
|
1,009,989 | $177,535,807 | 2025 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
COP
CONOCOPHILLIPS
|
Energy | 3.52% | 4.80% |
#14
7
Prev: #7
|
1.9 |
—
|
-93,457 | -5.6% |
P
S
|
1,577,846 | $164,032,850 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
BAC
BANK OF AMER CO...
|
Financial Services | 3.19% | 2.93% |
#15
1
Prev: #16
|
1.8 |
—
|
-152,851 | -5.5% |
P
S
|
2,606,833 | $148,537,359 | 2012 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
OXY
OCCIDENTAL PETE...
|
Energy | 3.01% | 4.38% |
#16
6
Prev: #10
|
1.7 |
—
|
-205,550 | -6.6% |
P
S
|
2,889,985 | $140,366,556 | 2019 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
UNH
UNITEDHEALTH GR...
|
Healthcare | 2.93% | 2.04% |
#17
5
Prev: #22
|
1.7 |
—
|
-18,688 | -5.4% |
P
S
|
328,414 | $136,498,628 | 2025 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
WAL
WESTERN ALLIANC...
|
Financial Services | 2.81% | 2.09% |
#18
2
Prev: #20
|
3.1 |
—
|
239,087 | 17.6% |
P
S
|
1,594,678 | $131,082,512 | 2023 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
JPM
JPMORGAN CHASE ...
|
Financial Services | 2.76% | 2.66% |
#19
1
Prev: #18
|
1.6 |
—
|
-23,194 | -5.6% |
P
S
|
392,900 | $128,608,001 | 2008 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
CACC
CREDIT ACCEP CO...
|
Financial Services | 2.72% | 1.94% |
#20
3
Prev: #23
|
1.6 |
—
|
-11,662 | -5.5% |
P
S
|
198,808 | $126,589,081 | 2020 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
UHAL/B
U HAUL HOLDING ...
|
Industrials | 2.51% | 2.09% |
#21
Prev: #21
|
1.5 |
—
|
-115,165 | -5.4% |
P
S
|
2,031,260 | $117,203,697 | 2022 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
HD
HOME DEPOT INC
|
Consumer Cyclical | 2.20% | 2.20% |
#22
3
Prev: #19
|
1.4 |
—
|
-17,180 | -5.6% |
P
S
|
290,159 | $102,333,258 | 2007 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
EBAY
EBAY INC.
|
Consumer Cyclical | 1.96% | 3.51% |
#23
10
Prev: #13
|
0.8 |
—
|
-955,571 | -53.9% |
P
S
|
815,923 | $91,179,346 | 2007 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
ZTS
ZOETIS INC
|
Healthcare | 1.90% | — |
#24
Prev: #—
|
4.3 |
—
|
1,233,210 | — |
NEW
|
1,233,210 | $88,618,456 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
MTB
M & T BK CORP
|
Financial Services | 1.42% | 1.32% |
#25
1
Prev: #26
|
1.1 |
—
|
-16,275 | -5.5% |
P
S
|
277,594 | $66,070,229 | 2023 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
CROX
CROCS INC
|
Consumer Cyclical | 1.27% | 0.93% |
#26
1
Prev: #27
|
1.0 |
—
|
-27,925 | -5.4% |
P
S
|
489,245 | $59,022,491 | 2025 Q3 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
ULTA
ULTA BEAUTY INC
|
Consumer Cyclical | 1.14% | 1.42% |
#27
2
Prev: #25
|
1.0 |
—
|
-6,919 | -5.5% |
P
S
|
117,976 | $53,204,621 | 2020 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
FRO
FRONTLINE PLC
|
Energy | 0.47% | 0.47% |
#28
Prev: #28
|
0.7 |
—
|
23,079 | 3.8% |
P
S
|
633,773 | $21,978,273 | 2022 Q2 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
GTX
GARRETT MOTION ...
|
Consumer Cyclical | 0.21% | 0.10% |
#29
2
Prev: #31
|
2.1 |
—
|
20,154 | 7.9% |
P
S
|
275,064 | $9,965,569 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
WFG
WEST FRASER TIM...
|
Basic Materials | 0.18% | 0.16% |
#30
1
Prev: #29
|
2.1 |
—
|
9,100 | 7.9% |
P
S
|
123,878 | $8,378,083 | 2021 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
OXY/WS
OCCIDENTAL PETE...
|
Unknown | 0.04% | 0.14% |
#31
1
Prev: #30
|
0.0 |
—
|
-85,866 | -56.8% |
P
S
|
65,345 | $1,740,137 | 2020 Q3 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
IWD
ISHARES TR
|
ETF | 0.03% | 0.03% |
#32
Prev: #32
|
0.0 |
—
|
-1,308 | -20.9% |
P
S
|
4,956 | $1,201,387 | 2024 Q4 | 13F Filing | 2026-06-30 | 2026-08-11 | |||
|
QCOM
QUALCOMM INC
|
Technology | 0.00% | 1.53% |
Sold All 😨
(Was: #24) |
0.0 |
—
|
-545,810 | -100.0% |
CLOSED
|
— | $— | 2019 Q1 | 13F Filing | 2026-06-30 | 2026-08-11 |
Showing 1-33 of 33 holdings