Smead Capital Management
Smead Capital Management is a boutique investment management firm specializing in large-cap U.S. and global value equity strategies. Founded in 2007, the firm is known for its long-term, high-conviction investment philosophy, grounded in deep fundamental research, disciplined stock selection, and patience across market cycles. Smead Capital serves a global client base that includes individual investors, financial advisors, family offices, and institutional clients, offering its strategies through mutual funds, separately managed accounts, and other institutional investment vehicles. At the core of Smead Capital’s approach is a focus on high-quality businesses with durable competitive advantages, strong free cash flow generation, and management teams aligned with shareholder interests. The firm emphasizes capital preservation, transparency, and long-term wealth creation, seeking to identify undervalued companies positioned to compound value over time rather than pursuing short-term market trends.
ABOUT SMEAD CAPITAL MANAGEMENT
Smead Capital Management is a boutique, SEC-registered investment advisor headquartered in Phoenix, with operations in Jersey City and London.
Founded in 2007, the firm applies a high-conviction, long-term investment philosophy grounded in fundamental research and disciplined stock selection.
The firm offers a focused set of value-oriented investment solutions designed for long-term investors seeking disciplined, research-driven equity exposure.
Smead's portfolio construction centers on companies with enduring competitive advantages, strong free cash flow, and management teams aligned with shareholder interests.
INVESTMENT SOLUTIONS & SERVICES
Large-Cap U.S. Value Equity Strategies – Smead manages U.S. large-cap value portfolios that invest in established, cash-generative companies trading at attractive valuations, with an emphasis on durable franchises and shareholder-aligned management teams.
Global Value Equity Strategies – The firm offers global equity strategies that invest across international and U.S. markets, applying the same fundamental value discipline to identify high-quality companies worldwide.
Mutual Funds – Smead provides access to its core strategies through publicly available mutual funds, making its investment philosophy accessible to individual investors and financial advisors.
Separately Managed Accounts (SMAs) – For high-net-worth individuals, family offices, and institutions, Smead offers customized separately managed accounts that deliver direct ownership of securities and tailored portfolio construction.
Institutional Investment Management – The firm works with institutional clients such as pensions, endowments, foundations, and advisory platforms, offering scalable mandates supported by rigorous research, risk oversight, and transparent reporting.
Fundamental Research & Portfolio Management – Smead’s investment process is driven by deep, bottom-up fundamental research, focusing on business economics, balance sheet strength, competitive positioning, and long-term free cash flow potential.
Client Education & Transparency – A key service differentiator is Smead’s commitment to investor education, providing detailed commentaries, market insights, and clear communication around portfolio positioning and long-term strategy.