Asset Manager · CIK 0001427008
Bill Smead
Smead Capital
Bill Smead runs Smead Capital, an asset manager overseeing $4.82B in disclosed equity holdings (SEC CIK 0001427008). The latest portfolio (2025Q4) discloses 32 positions across 8 sectors, with the largest positions in SPG, MRK and AXP. On a mark-to-market basis the tracked portfolio has returned 8.2% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
Portfolio
$4.82B
Positions
32
Quarter
2025Q4
Filings tracked
40
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
-$355M
Lifetime buys
$4.89B
Lifetime sells
$4.89B
Quarter activity
What changed in 2024Q3 - net new, added, trimmed, exited.
New positions0 names
—
Added to28 names
- CVECENOVUS ENERGY INC+4,351,960$72.8M
- MRKMERCK & CO INC+421,646$47.9M
- LENLENNAR CORP+89,896$16.9M
- DHID R HORTON INC+84,835$16.2M
- SPGSIMON PPTY GROUP INC NEW+88,378$14.9M
- AXPAMERICAN EXPRESS CO+54,958$14.9M
- AMGNAMGEN INC+39,559$12.7M
- MACMACERICH CO+688,790$12.6M
- NVRNVR INC+1,223$12.0M
- BACBK OF AMERICA CORP+267,661$10.6M
- JPMJPMORGAN CHASE & CO+47,541$10.0M
- OXYOCCIDENTAL PETE CORP+194,440$10.0M
- + 16 more…
Recent transactions
Last 20 moves
ADD
WESTERN ALLIANCE BANCORP
+223,707
~$84.07 · 2025Q4
2026-02-09
