13F-HR 1 a20090331.txt 2009 1ST QTR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31,2009 --------------------- Check here if Amendment [ ]; Amendment Number: ______ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Smead Capital Management Address: 1420 5th Avenue Suite 2625 Seattle, WA 98101 Form 13F File Number: 28-____________ The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Brenda Larson Title: Chief Compliance Officer Phone: 206-838-9850 Signature, Place, and Date of Signing: /s/Brenda Larson Oklahoma City, OK April 29, 2009 -------------------- -------------------- -------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: None Form 13F Information Table Entry Total: 32 --------------------- 100,223 --------------------- (thousands) List of Other Included Managers: NONE NAME OF ISSUER CLASS CUSIP PRN AMT SH_PRN SH_PRN PUT_CALL INV_ VOTING AUTHORITY DISC SOLE NONE 1/100 Berkshire Htwy Cla Com 84990175 260 300 SH SOLE 300 0 A T & T Inc New Com 00206R102 6940 275400 SH SOLE 255117 20283 Abbott Laboratories Com 2824100 6618 138752 SH SOLE 129048 9704 Accenture Ltd Cl A Com G1150G111 6378 232026 SH SOLE 217494 14532 Amgen Incorporated Com 31162100 2834 57235 SH SOLE 54405 2830 Bank Of New York Co New Com 64058100 3675 130094 SH SOLE 121244 8850 Berkshire Hathaway Cl B Com 84670207 3846 1364 SH SOLE 1364 0 Cabelas Inc Com 126804301 572 62825 SH SOLE 59975 2850 Chevron Corporation Com 166764100 3338 49657 SH SOLE 46379 3278 Comcast Cp New Cl A Spl Com 20030N200 827 64260 SH SOLE 58190 6070 Covance Inc Com 222816100 356 10000 SH SOLE 10000 0 Disney Walt Co Com 254687106 4868 268062 SH SOLE 251609 16453 Ebay Inc Com 278642103 3387 269736 SH SOLE 252180 17556 Franklin Resources Inc Com 354613101 2833 52600 SH SOLE 49175 3425 Goldman Sachs Group Inc Com 38141G104 1018 9605 SH SOLE 8840 765 Home Depot Inc Com 437076102 4936 209508 SH SOLE 194365 15143 M B I A Inc Com 55262C100 350 76600 SH SOLE 67960 8640 Mc Donalds Corp Com 580135101 231 4240 SH SOLE 3575 665 Merck & Co Inc Com 589331107 8120 303573 SH SOLE 281926 21647 Microsoft Corp Com 594918104 9240 502996 SH SOLE 468771 34225 Mylan Laboratories Inc Com 628530107 312 23305 SH SOLE 21910 1395 Nordstrom Inc Com 655664100 2956 176535 SH SOLE 163163 13372 Paccar Inc Com 693718108 1201 46643 SH SOLE 46643 0 Pfizer Incorporated Com 717081103 3042 223395 SH SOLE 203734 19661 S P D R TRUST Unit SR Com 78462F103 318 4000 SH SOLE 4000 0 Smead Value Fd Com 89833W774 665 51162.2 SH SOLE 50916.1 246.1 Starbucks Corp Com 855244109 5157 464262 SH SOLE 435774 28488 Toyota Motor Cp Adr Newf Com 892331307 418 6605 SH SOLE 6500 105 Udr Inc Com 902653104 283 32976 SH SOLE 29481 3495 Verizon Communications Com 92343V104 6372 211006 SH SOLE 196260 14746 Walgreen Company Com 931422109 1536 59205 SH SOLE 57070 2135 Wal-Mart Stores Inc Com 931142103 7336 140816 SH SOLE 131299 9517 100223