Simon Property Group Tops 7.04% Allocation in Smead Value Fund’s Q1 Portfolio
Simon Property Group comprises 7.04% of Smead Value Fund’s 27-stock portfolio as of Q1 2026. The fund’s top five holdings also include Merck at 6.78%, Cenovus Energy at 6.11%, Amgen at 6.00% and APA at 5.58%.
1. Q1 Portfolio Distribution
As of the first quarter of 2026, Smead Value Fund’s portfolio consists of 27 stocks spread across eight industries, with its largest exposures in Energy, Consumer Cyclical, Financial Services and Real Estate. The fund seeks concentrated positions of approximately 25–30 names, targeting companies with strong competitive advantages, high free cash flow and shareholder-friendly management.
2. Simon Property Group Allocation
Simon Property Group represents the fund’s single largest position at 7.04% of assets. This allocation underscores the fund’s confidence in SPG’s long-term cash flow potential and defensive real estate footprint relative to its other top holdings.