Donald G. Smith
Donald Smith & Co.
Donald Smith & Co. Portfolio 13F
Donald Smith & Co. Holdings Activity
- Portfolio value:
- $5.34B≈ (+$324M≈)
- Previous value:
- $5.01B≈
- # of changes:
- 57
- New positions:
- 2
- Reported for:
- 31 Dec 2025 (Q4)
- Latest filing date:
- 11 Feb 2026
Donald Smith & Co. has disclosed a total of 57 changes to the portfolio in the (2025 Q4) SEC report(s): increased the number of shares of 28, bought 2 totally new, decreased the number of shares of 25 and completely sold out 2 position(s).
What stocks did Donald Smith & Co. buy in 2025 Q4?
During 2025 Q4 Donald Smith & Co. has bought 30 securities out of which top 5 purchases (by % change to portfolio) were (CGAU) Centerra Gold Inc (added shares +21.82%), (MHO) M/I Homes Inc (added shares +5.94%), (SPNT) SIRIUSPOINT LTD (added shares +13.86%), (HOG) Harley-Davidson Inc (added shares +30.80%) and (PK) Park Hotels & Resorts Inc (added shares +14.16%).
In the 2025 Q4 report(s) the following changes have been made to the top investments: (AER) AERCAP HOLDINGS NV (reduced shares -1.34%), (IAG) IAMGold Corp (reduced shares -20.38%), (EGO) Eldorado Gold Corp (reduced shares -6.55%), (GNW) Genworth Financial Inc (reduced shares -4.81%) and (JXN) Jackson Financial Inc (reduced shares -0.52%).
57 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
West Fraser Timber Co Ltd
|
new
|
+1,489,342
|
1,489,342
|
+1.7%
|
$61.11
|
+4.86%($64.08)
|
1.70%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Waterstone Financial Inc
|
new
|
+127,770
|
127,770
|
+0.04%
|
$16.55
|
+24.35%($20.58)
|
0.04%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
JAMES RIVER GROUP HOLDINGS I
|
+434.90%
|
+1,358,785
|
1,671,220
|
+0.16%
|
$6.36
|
-30.74%($4.40)
|
0.20%
|
2025 Q3
|
≈ 0.50 years
|
|
|
|
KB Home
|
+387.82%
|
+576,694
|
725,394
|
+0.61%
|
$56.41
|
-1.69%($55.46)
|
0.77%
|
2015 Q3
|
≈ 10.50 years
|
|
|
|
RYERSON HOLDING CORP
|
+207.94%
|
+1,276,189
|
1,889,916
|
+0.6%
|
$25.16
|
+12.20%($28.23)
|
0.89%
|
2025 Q2
|
≈ 0.75 years
|
|
|
|
HAMILTON INSURANCE GROU, CL-B
|
+71.25%
|
+646,106
|
1,552,870
|
+0.34%
|
$27.90
|
+28.14%($35.75)
|
0.81%
|
2025 Q2
|
≈ 0.75 years
|
|
|
|
Titan International Inc
|
+59.14%
|
+1,297,542
|
3,491,649
|
+0.19%
|
$7.83
|
-7.54%($7.24)
|
0.51%
|
2024 Q3
|
≈ 1.50 years
|
|
|
|
Metallus, Inc
|
+49.59%
|
+319,465
|
963,671
|
+0.1%
|
$17.16
|
+17.07%($20.09)
|
0.31%
|
2025 Q2
|
≈ 0.75 years
|
|
|
|
Gerdau SA ADR
|
+49.18%
|
+7,982,296
|
24,211,588
|
+0.55%
|
$3.69
|
+36.04%($5.02)
|
1.67%
|
2025 Q2
|
≈ 0.75 years
|
|
|
|
Radian Group Inc
|
+43.70%
|
+916,003
|
3,012,255
|
+0.62%
|
$35.99
|
+7.84%($38.81)
|
2.03%
|
2022 Q1
|
≈ 4.00 years
|
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted.