# DONALD SMITH & CO., INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 814375. Source: https://holderbook.com/funds/814375-donald-smith-co-inc/

- Reported value: $5.6B
- Positions: 66
- Weight of the ten largest: 42.5%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $424.6M | 2,912,504 | 7.5% | 31 |
| ELDORADO GOLD CORP NEW | [EGO](https://holderbook.com/stocks/EGO/) | $272.6M | 8,767,454 | 4.8% | 31 |
| CENTERRA GOLD INC | [CGAU](https://holderbook.com/stocks/CGAU/) | $245.0M | 15,447,900 | 4.3% | 21 |
| HARLEY DAVIDSON INC | [HOG](https://holderbook.com/stocks/HOG/) | $227.0M | 9,279,072 | 4.0% | 7 |
| M/I HOMES INC | [MHO](https://holderbook.com/stocks/MHO/) | $223.7M | 1,391,480 | 4.0% | 31 |
| GENWORTH FINL INC | [GNW](https://holderbook.com/stocks/GNW/) | $212.9M | 22,482,191 | 3.8% | 20 |
| PARK HOTELS & RESORTS INC | [PK](https://holderbook.com/stocks/PK/) | $207.1M | 14,534,708 | 3.7% | 26 |
| IAMGOLD CORP | [IAG](https://holderbook.com/stocks/IAG/) | $206.1M | 13,014,250 | 3.6% | 31 |
| SM ENERGY COMPANY | [SM](https://holderbook.com/stocks/SM/) | $199.6M | 7,647,594 | 3.5% | 2 |
| JACKSON FINANCIAL INC | [JXN](https://holderbook.com/stocks/JXN/) | $183.2M | 1,789,104 | 3.2% | 19 |
| ALLEGIANT TRAVEL CO | [ALGT](https://holderbook.com/stocks/ALGT/) | $175.6M | 1,493,503 | 3.1% | 11 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $172.5M | 3,754,280 | 3.1% | 15 |
| COREBRIDGE FINL INC | [CRBG](https://holderbook.com/stocks/CRBG/) | $168.1M | 5,872,642 | 3.0% | 10 |
| PENNYMAC FINL SVCS INC NEW | [PFSI](https://holderbook.com/stocks/PFSI/) | $163.9M | 1,882,201 | 2.9% | 2 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $163.7M | 7,723,547 | 2.9% | 27 |
| RADIAN GROUP INC | [RDN](https://holderbook.com/stocks/RDN/) | $163.1M | 4,329,811 | 2.9% | 18 |
| EVEREST GROUP LTD | [EG](https://holderbook.com/stocks/EG/) | $153.2M | 428,873 | 2.7% | 7 |
| SIRIUSPOINT LTD | [SPNT](https://holderbook.com/stocks/SPNT/) | $147.9M | 6,164,189 | 2.6% | 18 |
| RLJ LODGING TR | [RLJ](https://holderbook.com/stocks/RLJ/) | $145.9M | 12,311,807 | 2.6% | 11 |
| TERNIUM SA | [TX](https://holderbook.com/stocks/TX/) | $134.1M | 3,141,248 | 2.4% | 9 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $130.6M | 933,085 | 2.3% | 31 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $125.3M | 1,625,838 | 2.2% | 18 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $110.3M | 1,629,983 | 2.0% | 3 |
| HONDA MOTOR CO LTD | [HMC](https://holderbook.com/stocks/HMC/) | $109.6M | 4,042,521 | 1.9% | 4 |
| KB HOME | [KBH](https://holderbook.com/stocks/KBH/) | $108.7M | 1,735,927 | 1.9% | 31 |
| NOMURA HLDGS INC | [NMR](https://holderbook.com/stocks/NMR/) | $107.2M | 12,211,249 | 1.9% | 8 |
| BEAZER HOMES USA INC | [BZH](https://holderbook.com/stocks/BZH/) | $78.9M | 2,814,181 | 1.4% | 31 |
| HOWARD HUGHES HOLDINGS INC | [HHH](https://holderbook.com/stocks/HHH/) | $71.7M | 1,002,809 | 1.3% | 12 |
| GERDAU SA | [GGB](https://holderbook.com/stocks/GGB/) | $70.7M | 17,490,810 | 1.3% | 5 |
| TAYLOR MORRISON HOME CORP | [TMHC](https://holderbook.com/stocks/TMHC/) | $61.9M | 862,507 | 1.1% | 31 |
| UNUM GROUP | [UNM](https://holderbook.com/stocks/UNM/) | $58.1M | 649,485 | 1.0% | 31 |
| CHATHAM LODGING TR | [CLDT](https://holderbook.com/stocks/CLDT/) | $52.6M | 3,974,821 | 0.9% | 15 |
| GALIANO GOLD INC | [GAU](https://holderbook.com/stocks/GAU/) | $49.3M | 26,339,874 | 0.9% | 25 |
| RYERSON HLDG CORP | [RYZ](https://holderbook.com/stocks/RYZ/) | $49.0M | 1,992,517 | 0.9% | 5 |
| MOHAWK INDS INC | [MHK](https://holderbook.com/stocks/MHK/) | $42.2M | 347,455 | 0.7% | 5 |
| TITAN INTL INC ILL | [TWI](https://holderbook.com/stocks/TWI/) | $40.9M | 5,309,428 | 0.7% | 8 |
| TUTOR PERINI CORP | [TPC](https://holderbook.com/stocks/TPC/) | $40.4M | 487,004 | 0.7% | 31 |
| NMI HLDGS INC | [NMIH](https://holderbook.com/stocks/NMIH/) | $36.3M | 882,495 | 0.6% | 9 |
| GREENBRIER COS INC | [GBX](https://holderbook.com/stocks/GBX/) | $32.0M | 652,672 | 0.6% | 1 |
| HAMILTON INSURANCE GROUP LTD | [HG](https://holderbook.com/stocks/HG/) | $29.9M | 880,490 | 0.5% | 5 |
| UNIVERSAL INS HLDGS INC | [UVE](https://holderbook.com/stocks/UVE/) | $29.8M | 721,686 | 0.5% | 21 |
| GLOBAL SHIP LEASE INC | [GSL](https://holderbook.com/stocks/GSL/) | $27.9M | 740,941 | 0.5% | 15 |
| FERROGLOBE PLC | [GSM](https://holderbook.com/stocks/GSM/) | $25.8M | 8,126,773 | 0.5% | 8 |
| ALGOMA STL GROUP INC | [ASTL](https://holderbook.com/stocks/ASTL/) | $21.4M | 5,277,631 | 0.4% | 16 |
| MOTORCAR PTS AMER INC | [MPAA](https://holderbook.com/stocks/MPAA/) | $19.0M | 1,237,941 | 0.3% | 18 |
| PIEDMONT REALTY TRUST INC | [PDM](https://holderbook.com/stocks/PDM/) | $17.8M | 1,944,080 | 0.3% | 1 |
| HOOKER FURNISHINGS CORPORATI | [HOFT](https://holderbook.com/stocks/HOFT/) | $17.0M | 952,422 | 0.3% | 18 |
| WOORI FINL GROUP INC | [WF](https://holderbook.com/stocks/WF/) | $13.1M | 682,280 | 0.2% | 2 |
| METALLUS INC | [MTUS](https://holderbook.com/stocks/MTUS/) | $11.4M | 608,595 | 0.2% | 5 |
| JAMES RIV GROUP HOLDINGS INC | [JRVR](https://holderbook.com/stocks/JRVR/) | $10.7M | 2,440,347 | 0.2% | 3 |
| PEBBLEBROOK HOTEL TR | [PEB](https://holderbook.com/stocks/PEB/) | $9.2M | 476,163 | 0.2% | 1 |
| AIR FRANCE-KLM | [AFLYY](https://holderbook.com/stocks/AFLYY/) | $6.8M | 4,590,104 | 0.1% | 31 |
| REPUBLIC AWYS HLDGS INC | [RJET](https://holderbook.com/stocks/RJET/) | $5.7M | 273,129 | 0.1% | 2 |
| KELLY SVCS INC | [KELYA](https://holderbook.com/stocks/KELYA/) | $5.7M | 464,504 | 0.1% | 2 |
| JAKKS PAC INC | [JAKK](https://holderbook.com/stocks/JAKK/) | $4.8M | 205,481 | 0.1% | 2 |
| DAKOTA GOLD CORP | [DC](https://holderbook.com/stocks/DC/) | $4.6M | 1,080,000 | 0.1% | 9 |
| ADVANSIX INC | [ASIX](https://holderbook.com/stocks/ASIX/) | $4.2M | 212,680 | 0.1% | 11 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $3.7M | 158,759 | 0.1% | 1 |
| WATERSTONE FINL INC MD | [WSBF](https://holderbook.com/stocks/WSBF/) | $3.4M | 164,590 | 0.1% | 3 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $3.2M | 13,000 | 0.1% | 14 |
| BRISTOW GROUP INC | [VTOL](https://holderbook.com/stocks/VTOL/) | $2.4M | 58,157 | 0.0% | 25 |
| PERPETUA RESOURCES CORP | [PPTA](https://holderbook.com/stocks/PPTA/) | $2.2M | 108,130 | 0.0% | 11 |
| AMERICAN INTEGRITY INS GROUP | [AII](https://holderbook.com/stocks/AII/) | $2.2M | 116,420 | 0.0% | 1 |
| GREENFIRE RES LTD NEW | [GFR](https://holderbook.com/stocks/GFR/) | $1.7M | 295,849 | 0.0% | 1 |
| AZURE PWR GLOBAL LTD | [AZREF](https://holderbook.com/stocks/AZREF/) | $270.2K | 270,226 | 0.0% | 15 |
| RESOLUTE FOREST PRODUCTS - CONTINGENT VALUE RTS | - | $8.3K | 5,866 | 0.0% | 14 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.4% | +14.8% | -5.4% | 100% |
| Q1 2026 | -0.5% | -4.6% | +4.1% | 97% |
| Q4 2025 | +7.7% | +2.4% | +5.3% | 99% |
| Q3 2025 | +18.7% | +7.8% | +10.9% | 99% |
| Q2 2025 | +10.0% | +10.5% | -0.4% | 99% |
| Q1 2025 | -0.8% | -4.6% | +3.7% | 99% |
| Q4 2024 | -2.2% | +2.1% | -4.4% | 100% |
| Q3 2024 | +10.2% | +5.4% | +4.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.6B | 66 |
| Q1 2026 | $5.6B | 62 |
| Q4 2025 | $5.3B | 60 |
| Q3 2025 | $5.0B | 60 |
| Q2 2025 | $4.2B | 61 |
| Q1 2025 | $4.1B | 58 |
| Q4 2024 | $4.2B | 62 |
| Q3 2024 | $4.2B | 62 |
| Q2 2024 | $3.9B | 63 |
| Q1 2024 | $4.3B | 62 |
| Q4 2023 | $3.9B | 64 |
| Q3 2023 | $2.9B | 62 |