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.
We mark Bill Smead (Smead Capital)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Bill’s portfolio is 8.2% over the last 12 months · 145.0% since 2016Q1.