Smead Capital Management Value Fund’s Q4 2022 Investor Letter

Smead Capital Management, an investment management company, released its “Smead Value Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund delivered 13.72% compared to a 7.56% gain for the S&P 500 Index and a 12.42% rise for the Russell 1000 Value Index. However, in 2022, the fund lost 2.78% compared to an 18.11% decline in the S&P 500 and a 7.54% loss in the Russell 1000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.