Smead Value Fund

Smead Value Fund | SMVLX

Mutual Fund
Smead Value Fund
Last update 2024-10-22 27 Stocks (0 new)
Value $6.01 Bil Turnover 3 %
Countries:
Portfolio Report

Smead Value Fund Profile

Smead Capital Management is the adviser to the Smead Value Fund. Smead Capital Management’s investors are individuals, advisors, family offices and institutions globally who invest with the firm through the Smead Funds, separate accounts and other investment vehicles. The Fund invests in U.S. large capitalization companies and offers an Investor Share Class (SMVLX), A Share Class (SVFAX), C Share Class (SVFCX), I1 Share Class (SVFFX), R1 Share Class (SVFDX), R2 Share Class (SVFKX) and Y Share Class (SVFYX). The Fund is managed by Lead Portfolio Manager Bill Smead and Co-Portfolio Manager Cole Smead, CFA.

Smead Value Fund Investing Philosophy

The Fund seeks long-term capital appreciation through concentrated positions, with approximately 25-30 companies in its portfolio. Smead looks for eight criteria: meets an economic need, strong competitive advantage (wide moats or barriers to entry), long history of profitability and strong operating metrics, generates high levels of free cash flow, available at a low price in relation to intrinsic value, management’s history of shareholder friendliness, strong balance sheet, and strong insider ownership (Preferably with recent purchases).

Smead Value Fund's Portfolio

Smead Value Fund Current Holdings

Add To Portfolio
Ticker
Company
Shares
Value ($1000)
Shares Change %
Weighting %
Trade Impact %
% of Shares outstanding
3M Change %
YTD Change %
Market Cap $Mil
Industry
TSX:CVE
Cenovus Energy Inc
10,714,559
198684.25
+20.35%
3.3
+0.56%
0.58
-8.52%
-1.15%
38523.438
Oil & Gas
UHAL.B
U-Haul Holding Co
2,089,889
142843.91
+3.56%
2.38
+0.08%
1.11
-11.50%
-8.89%
12200.952
Business Services
BRK.B
Berkshire Hathaway Inc
183,453
87308.95
+2.87%
1.45
+0.04%
0.01
+0.75%
+28.40%
988827.95
Insurance
MTB
M&T Bank Corp
427,326
73547.08
+2.87%
1.22
+0.03%
0.26
+9.03%
+42.71%
31657.758
Banks
OVV
Ovintiv Inc
5,453,428
233570.32
+2.87%
3.88
+0.11%
2.07
-4.40%
-9.62%
10077.161
Oil & Gas
WAL
Western Alliance Bancorp
1,168,401
95434.99
+2.87%
1.59
+0.04%
1.06
-0.71%
+30.22%
9250.226
Banks
SPG
Simon Property Group Inc
2,267,452
379458.09
+2.87%
6.31
+0.18%
0.7
+2.50%
+27.04%
56592.942
REITs
COP
ConocoPhillips
1,900,423
216249.13
+2.87%
3.6
+0.10%
0.16
-10.47%
-14.24%
125617.815
Oil & Gas
NVR
NVR Inc
31,327
287345.65
+2.87%
4.78
+0.13%
1.02
-14.46%
+17.85%
25224.368
Homebuilding & Construction
MAC
Macerich Co
17,675,396
282276.07
+2.87%
4.69
+0.13%
8.18
+14.53%
+35.39%
5100.04
REITs
LEN
Lennar Corp
2,306,948
420002.95
+2.87%
6.98
+0.19%
0.85
-24.64%
-5.90%
37344.522
Homebuilding & Construction
APA
APA Corp
8,364,862
238314.92
+2.87%
3.96
+0.11%
2.26
-13.05%
-37.11%
8111.69
Oil & Gas
HD
The Home Depot Inc
446,753
164628.48
+2.87%
2.74
+0.08%
0.04
-1.21%
+16.40%
392348.332
Retail - Cyclical
FITB
Fifth Third Bancorp
1,924,609
82161.56
+2.87%
1.37
+0.04%
0.28
+0.80%
+27.62%
28513.749
Banks
BAC
Bank of America Corp
6,866,841
279823.77
+2.87%
4.65
+0.13%
0.09
+12.83%
+34.81%
340522.399
Banks
EBAY
eBay Inc
3,224,541
190570.37
+2.87%
3.17
+0.09%
0.66
-2.13%
+49.06%
30536.25
Retail - Cyclical
TGT
Target Corp
1,069,747
164334.53
+2.87%
2.73
+0.08%
0.23
-14.82%
-4.51%
60754.318
Retail - Defensive
DHI
D.R. Horton Inc
2,177,083
410946.19
+2.87%
6.83
+0.19%
0.67
-26.70%
-6.68%
45227.299
Homebuilding & Construction
CACC
Credit Acceptance Corp
179,864
83911.95
+2.87%
1.4
+0.04%
1.49
+4.19%
-12.46%
5678.053
Credit Services
DVN
Devon Energy Corp
5,086,006
227751.35
+2.87%
3.79
+0.11%
0.77
-23.56%
-28.83%
20524.842
Oil & Gas
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Total 28

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