SMEAD CAPITAL MANAGEMENT, INC. Information

600 UNIVERSITY STREET, SEATTLE, Washington, 98101, (206) 838-9850

Report Date: 12/31/2013

Position Statistics

Total Positions 29
New Positions 1
Increased Positions 25
Decreased Positions 3
Positions with Activity 28
Sold Out Positions 0
Total Mkt Value (in $ millions) 728

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods 2.31%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 1.33%
Energy
Financial 25.42%
Healthcare 24.74%
Services 46.21%
Technology
Transportation
Utilities

29 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
GANNETT INC COM 44,880 3,587 8.69 1,684,682
WALGREEN CO COM 44,835 3,579 8.68 677,673
EBAY INC COM 40,943 3,271 8.68 748,646
CABELAS INC COM 40,117 3,182 8.61 623,327
DISNEY WALT CO COM DISNEY 37,565 2,939 8.49 475,809
MERCK & CO INC NEW COM 37,284 10,791 40.73 662,714
BANK OF AMERICA CORPORATION COM 36,676 2,968 8.80 2,273,789
AMGEN INC COM 34,609 2,783 8.75 299,539
AFLAC INC COM 33,712 2,702 8.71 538,448
WELLS FARGO & CO NEW COM 33,606 2,666 8.62 684,586
JPMORGAN CHASE & CO COM 30,526 2,465 8.79 552,407
NORDSTROM INC COM 26,309 2,089 8.63 428,067
COMCAST CORP NEW CL A SPL 26,236 2,087 8.64 539,952
BERKSHIRE HATHAWAY INC DEL CL B NEW 25,546 2,013 8.55 202,747
FRANKLIN RES INC COM 23,882 1,887 8.58 453,336
PFIZER INC COM 22,691 1,809 8.66 754,100
BLOCK H & R INC COM 21,370 1,713 8.71 754,328
ACCENTURE PLC IRELAND SHS CLASS A 21,264 1,673 8.54 268,791
HOME DEPOT INC COM 20,094 1,623 8.78 262,388
MYLAN INC COM 19,489 -2,347 (10.75) 412,814