Donald Smith's portfolio
Deep-value quantitative screen; focuses on the lowest price-to-tangible-book businesses globally.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- Greenbrier CompaniesGBX$32M
- Pebblebrook Hotel TrustPEB$9M
- Hudbay MineralsHBM$4M
- American Integrity InsuranceAII$2M
- Greenfire ResourcesGFR$2M
Added to
- Eldorado GoldEGO$273M
- SM EnergySM$200M
- PennyMac Finl SvcsPFSI$164M
- MosaicMOS$164M
- Honda Motor Co Ltd ADRHMC$110M
- KB HomeKBH$109M
- Galiano GoldGAU$49M
- TWITWI$41M
- NMINMIH$36M
- FerroglobeGSM$26M
Trimmed
- Centerra GoldCGAU$245M
- Harley-DavidsonHOG$227M
- M/I HomesMHO$224M
- Park Hotels & ResortsPK$207M
- IAMGoldIAG$206M
- Jackson FinancialJXN$183M
- Allegiant TravelALGT$176M
- Ally FinancialALLY$173M
- Corebridge FinancialCRBG$168M
- RadianRDN$163M
Sold out
None this quarter.
Holdings
66 US-listed positions in the Q2 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| Aercap Holdings Nv | 7.51% | $425M | 2,912,504 | Held |
| Eldorado GoldEGO | 4.83% | $273M | 8,767,454 | Added |
| Centerra GoldCGAU | 4.34% | $245M | 15,447,900 | Trimmed |
| Harley-DavidsonHOG | 4.02% | $227M | 9,279,072 | Trimmed |
| M/I HomesMHO | 3.96% | $224M | 1,391,480 | Trimmed |
| Genworth Financial | 3.77% | $213M | 22,482,191 | Held |
| Park Hotels & ResortsPK | 3.67% | $207M | 14,534,708 | Trimmed |
| IAMGoldIAG | 3.65% | $206M | 13,014,250 | Trimmed |
| SM EnergySM | 3.53% | $200M | 7,647,594 | Added |
| Jackson FinancialJXN | 3.24% | $183M | 1,789,104 | Trimmed |
| Allegiant TravelALGT | 3.11% | $176M | 1,493,503 | Trimmed |
| Ally FinancialALLY | 3.05% | $173M | 3,754,280 | Trimmed |
| Corebridge FinancialCRBG | 2.98% | $168M | 5,872,642 | Trimmed |
| PennyMac Finl SvcsPFSI | 2.90% | $164M | 1,882,201 | Added |
| MosaicMOS | 2.90% | $164M | 7,723,547 | Added |
| RadianRDN | 2.89% | $163M | 4,329,811 | Trimmed |
| Everest GroupEG | 2.71% | $153M | 428,873 | Trimmed |
| SiriuspointSPNT | 2.62% | $148M | 6,164,189 | Trimmed |
| Rlj Lodging Trust | 2.58% | $146M | 12,311,807 | Held |
| Ternium SA ADRTX | 2.37% | $134M | 3,141,248 | Trimmed |
| CitigroupC | 2.31% | $131M | 933,085 | Trimmed |
| General MotorsGM | 2.22% | $125M | 1,625,838 | Trimmed |
| West Fraser Timber CoWFG | 1.95% | $110M | 1,629,983 | Trimmed |
| Honda Motor Co Ltd ADRHMC | 1.94% | $110M | 4,042,521 | Added |
| KB HomeKBH | 1.92% | $109M | 1,735,927 | Added |
| Nomura Holdings Inc ADRNMR | 1.90% | $107M | 12,211,249 | Trimmed |
| Beazer Homes USABZH | 1.40% | $79M | 2,814,181 | Trimmed |
| Howard HughesHHH | 1.27% | $72M | 1,002,809 | Trimmed |
| Gerdau Sa | 1.25% | $71M | 17,490,810 | Held |
| Taylor Morn HomeTMHC | 1.09% | $62M | 862,507 | Trimmed |
| Unum GroupUNM | 1.03% | $58M | 649,485 | Trimmed |
| Chatham Lodging Trust REITCLDT | 0.93% | $53M | 3,974,821 | Trimmed |
| Galiano GoldGAU | 0.87% | $49M | 26,339,874 | Added |
| Ryerson Holding | 0.87% | $49M | 1,992,517 | Held |
| Mohawk Industries | 0.75% | $42M | 347,455 | Held |
| TWITWI | 0.72% | $41M | 5,309,428 | Added |
| Tutor PeriniTPC | 0.71% | $40M | 487,004 | Trimmed |
| NMINMIH | 0.64% | $36M | 882,495 | Added |
| Greenbrier CompaniesGBX | 0.57% | $32M | 652,672 | New |
| Hamilton Insurance GroupHG | 0.53% | $30M | 880,490 | Trimmed |
| Universal Insurance Holdings | 0.53% | $30M | 721,686 | Held |
| Global Ship LeaseGSL | 0.49% | $28M | 740,941 | Trimmed |
| FerroglobeGSM | 0.46% | $26M | 8,126,773 | Added |
| Algoma SteelASTL | 0.38% | $21M | 5,277,631 | Trimmed |
| Motorcar Parts Of America | 0.34% | $19M | 1,237,941 | Held |
| Piedmont Realty Trust | 0.32% | $18M | 1,944,080 | Held |
| Hooker FurnitureHOFT | 0.30% | $17M | 952,422 | Trimmed |
| Woori Financial | 0.23% | $13M | 682,280 | Held |
| Metallus | 0.20% | $11M | 608,595 | Held |
| James River Group HoldingsJRVR | 0.19% | $11M | 2,440,347 | Added |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Donald Smith own?
In the Q2 2026 13F, Donald Smith & Co. reported 66 US stock positions worth $5.6B. The largest: Aercap Holdings Nv 7.5%, Eldorado Gold (EGO) 4.8%, Centerra Gold (CGAU) 4.3%, Harley-Davidson (HOG) 4.0%, M/I Homes (MHO) 4.0%.
What did Donald Smith buy last quarter?
In Q2 2026: new position in Greenbrier Companies (GBX); new position in Pebblebrook Hotel Trust (PEB); new position in Hudbay Minerals (HBM); added to Eldorado Gold (EGO); added to SM Energy (SM); added to PennyMac Finl Svcs (PFSI).
When is Donald Smith's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.