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Institutional Investment Manager
Smead Capital Management, Inc.
Smead Capital Management, Inc. (CIK: 0001427008) incorporated in Washington, located at 2502 East Camelback Road, Phoenix, AZ. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 30 holdings with a total value of $1,970,896,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 JPMORGAN CHASE & CO 1,458,103 125,820,000 6.38%
2 NVR INC 73,500 122,672,000 6.22%
3 BERKSHIRE HATHAWAY INC DEL 718,835 117,156,000 5.94%
4 BANK AMER CORP 5,285,954 116,820,000 5.93%
5 AMGEN INC 748,412 109,425,000 5.55%
6 AMERICAN EXPRESS CO 1,395,142 103,352,000 5.24%
7 AFLAC INC 1,383,210 96,271,000 4.88%
8 EBAY INC 3,223,639 95,710,000 4.86%
9 TEGNA INC 4,243,366 90,766,000 4.61%
10 WELLS FARGO & CO NEW 1,549,175 85,375,000 4.33%
11 PAYPAL HLDGS INC 2,076,212 81,948,000 4.16%
12 DISNEY WALT CO 726,960 75,764,000 3.84%
13 HOME DEPOT INC 526,496 70,593,000 3.58%
14 MERCK & CO INC 1,192,082 70,178,000 3.56%
15 COMCAST CORP NEW 968,350 66,865,000 3.39%
16 PFIZER INC 2,008,747 65,244,000 3.31%
17 WALGREENS BOOTS ALLIANCE INC 733,510 60,705,000 3.08%
18 ACCENTURE PLC IRELAND 500,305 58,601,000 2.97%
19 EXPRESS SCRIPTS HLDG CO 786,848 54,127,000 2.75%
20 LENNAR 1,110,887 47,690,000 2.42%
21 CABELAS INC 768,439 44,992,000 2.28%
22 ALASKA AIR GROUP INC COM 454,422 40,321,000 2.05%
23 NORDSTROM INC 811,722 38,906,000 1.97%
24 JOHNSON & JOHNSON 332,367 38,292,000 1.94%
25 GANNETT CO INC COM 2,560,853 24,866,000 1.26%
26 SCRIPPS NETWORKS INTERACT IN 311,624 22,241,000 1.13%
27 STARBUCKS CORP 390,916 21,704,000 1.10%
28 CENCORA 256,023 20,018,000 1.02%
29 SPDR S&P 500 ETF TR 17,831 3,986,000 0.20%
30 BERKSHIRE HATHAWAY INC DEL 200 488,000 0.02%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-17-000287, filed 2017.02.08).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.