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
1-YearTWR
+8.21%
since 2024Q4
3-YearTWR
+46.34%
since 2022Q4
5-YearTWR
+137.28%
since 2020Q4
10-Year
—
insufficient history
Performance overview
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.
Portfolio growth vs SPY
Rebased to 100 at 2016Q1 · through 2025Q4
Bill Smead
+387.5%
SPY
—
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
-$355M
Lifetime buys
$4.89B
Lifetime sells
$4.89B
Portfolio over time
AUMPositions
QoQ AUM
-6.9%
16Q lifetime AUM
+11.7%
QoQ positions
-2
16Q lifetime positions
+1
Position concentration
28 positions