Low-turnover value / long game
Smead Capital · 低换手價值與长期逆向主題
Smead Capital Management 强調长期持有、估值纪律和逆向主題，公開评论常围绕人口結構、通胀、資本稀缺性和價值股周期展開。最值得看的是基金信、能源、金融、消费等價值周期暴露，以及這些主題如何用多年視角影响持倉。
| 股票 | 股數 | 市值 | 权重 |
|---|---|---|---|
CVE
|
14,868,003 | $394.5M | 8.6% |
APA
|
8,269,815 | $351.0M | 7.6% |
MRK
|
2,471,398 | $297.3M | 6.5% |
SPG
|
1,559,860 | $291.0M | 6.3% |
AMGN
|
697,919 | $245.6M | 5.3% |
MAC
|
12,155,332 | $229.7M | 5.0% |
COP
|
1,671,303 | $220.6M | 4.8% |
FANG
|
1,069,328 | $211.5M | 4.6% |
DHI
|
1,497,723 | $205.5M | 4.5% |
OXY
|
3,095,535 | $201.2M | 4.4% |
AXP
|
602,643 | $182.3M | 4.0% |
TGT
|
1,492,670 | $180.9M | 3.9% |
EBAY
|
1,771,494 | $161.2M | 3.5% |
NVR
|
21,538 | $141.9M | 3.1% |
LEN
|
1,586,225 | $137.7M | 3.0% |
BAC
|
2,759,684 | $134.5M | 2.9% |
FITB
|
2,831,423 | $131.5M | 2.9% |
JPM
|
416,094 | $122.4M | 2.7% |
HD
|
307,339 | $101.1M | 2.2% |
WAL
|
1,355,591 | $96.0M | 2.1% |
| 股票 | 動作 | 13F 時間 | 當前股數 | 上期股數 | 股數變化 | 13F市值變化 |
|---|---|---|---|---|---|---|
|
APA
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 8,269,815 | 9,503,039 | -13.0% | +$118.5M |
|
CVE
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 14,868,003 | 16,763,978 | -11.3% | +$110.8M |
|
AXP
|
大幅減持 | 2026-03-31 披露 2026-05-14 | 602,643 | 768,431 | -21.6% | -$102.0M |
|
JPM
|
大幅減持 | 2026-03-31 披露 2026-05-14 | 416,094 | 562,792 | -26.1% | -$58.9M |
|
OXY
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 3,095,535 | 3,545,182 | -12.7% | +$55.4M |
|
LEN
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,586,225 | 1,822,291 | -13.0% | -$49.6M |
|
DHI
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,497,723 | 1,719,925 | -12.9% | -$42.2M |
|
COP
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,671,303 | 1,917,545 | -12.8% | +$41.1M |
|
SPG
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,559,860 | 1,791,330 | -12.9% | -$40.6M |
|
BAC
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 2,759,684 | 3,169,803 | -12.9% | -$39.8M |
|
NVR
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 21,538 | 24,745 | -13.0% | -$38.5M |
QCOM
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 545,810 | 626,937 | -12.9% | -$36.9M |
|
WAL
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,355,591 | 1,556,943 | -12.9% | -$34.8M |
|
MAC
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 12,155,332 | 13,963,805 | -13.0% | -$28.0M |
|
FANG
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,069,328 | 1,227,772 | -12.9% | +$26.9M |
ULTA
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 124,895 | 143,477 | -13.0% | -$21.5M |
|
FITB
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 2,831,423 | 3,250,139 | -12.9% | -$20.6M |
|
HD
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 307,339 | 352,819 | -12.9% | -$20.3M |
UHAL.B
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 2,146,425 | 2,467,011 | -13.0% | -$19.4M |
|
AMGN
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 697,919 | 801,796 | -13.0% | -$16.9M |
|
EBAY
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,771,494 | 2,032,886 | -12.9% | -$15.8M |
|
TGT
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 1,492,670 | 1,713,932 | -12.9% | +$13.4M |
FRO
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 610,694 | 586,729 | 4.1% | +$8.5M |
UNH
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 347,102 | 308,723 | 12.4% | -$8.0M |
CROX
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 517,170 | 594,690 | -13.0% | -$7.9M |
MTB
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 293,869 | 337,603 | -13.0% | -$7.3M |
CACC
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 210,470 | 188,334 | 11.8% | +$5.6M |
|
MRK
|
小幅減持 | 2026-03-31 披露 2026-05-14 | 2,471,398 | 2,838,300 | -12.9% | -$1.5M |
GTX
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 254,910 | 244,261 | 4.4% | +$374,246 |
还没有觀點记錄。