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 2023Q3 — net new, added, trimmed, exited.
Added to6 names
Trimmed22 names
- OXYOCCIDENTAL PETE CORP−221,775$14.4M
- LENLENNAR CORP−100,630$11.3M
- DHID R HORTON INC−97,004$10.4M
- MRKMERCK & CO INC−99,873$10.3M
- AMGNAMGEN INC−38,229$10.3M
- COPCONOCOPHILLIPS−80,182$9.6M
- AXPAMERICAN EXPRESS CO−60,484$9.0M
- SPGSIMON PPTY GROUP INC NEW−79,094$8.5M
- NVRNVR INC−1,264$7.5M
- JPMJPMORGAN CHASE & CO−44,254$6.4M
- BACBK OF AMERICA CORP−192,745$5.3M
- EBAYEBAY INC.−104,306$4.6M
- + 10 more…
Exited0 names
—
Recent transactions
Last 20 moves
ADD
WESTERN ALLIANCE BANCORP
+223,707
~$84.07 · 2025Q4
2026-02-09
