Smead Capital Management, Inc. is an institutional investment manager that files quarterly 13F reports with the SEC. As of Q4 2025, the fund manages $4.8B in reported equity holdings across 32 positions. The largest holdings are SPG (6.9%), MRK (6.2%), AXP (5.9%), CVE (5.9%), AMGN (5.4%). The portfolio is concentrated in Other (85.2%), Financial Services (7.4%), Energy (4.8%). Data sourced from SEC EDGAR 13F filings (CIK 1427008).