Donald G. Smith - Donald Smith & Co. 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, the Donald Smith & Co. portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2026, the filing reported:

New Buys - JAKKS Pacific, Inc., Kelly Services, Inc., PennyMac Financial Services, In, SM Energy Company, Woori Financial Group Inc., and 2 more

Increases - AerCap, Ally Financial Inc., AdvanSix Inc., Algoma Steel Group Inc., Citigroup, Inc., and 23 more

Reductions - Air France KLM, Allegiant Travel Company, Beazer Homes USA, Inc., Eldorado Gold Corporation, Ferroglobe, and 16 more

Complete Exits - Civitas Resources, Inc., Equinox Gold Corp., Cool Company, Golar LNG, Guild Holdings Company, and 2 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2026	AER AerCap	AerCap	Buy	+26,147	+0.8%	$432.21M	3,150,675
Q1 2026	AFLYY Air France KLM	Air France KLM	Sell	-10,946	-0.2%	$4.81M	4,581,427
Q1 2026	ALGT Allegiant Travel Company	Allegiant Travel Company	Sell	-101,975	-5.8%	$135.18M	1,668,046
Q1 2026	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy	+1,459,852	+57.0%	$157.69M	4,019,715
Q1 2026	ASIX AdvanSix Inc.	AdvanSix Inc.	Buy	+1,420	+0.6%	$5.56M	227,980
Q1 2026	ASTL Algoma Steel Group Inc.	Algoma Steel Group Inc.	Buy	+91,909	+1.5%	$24.90M	6,028,929
Q1 2026	BZH Beazer Homes USA, Inc.	Beazer Homes USA, Inc.	Sell	-42,510	-1.4%	$57.46M	2,986,562
Q1 2026	C Citigroup, Inc.	Citigroup, Inc.	Buy	+88,281	+7.3%	$146.51M	1,291,904
Q1 2026	CGAU Centerra Gold Inc.	Centerra Gold Inc.	Buy	+4,148,612	+35.7%	$280.57M	15,771,236
Q1 2026	CIVI Civitas Resources, Inc.	Civitas Resources, Inc.	Sell - Position Exit	-4,326,560	-100.0%	$0.00	-
Q1 2026	CLDT Chatham Lodging Trust (REIT)	Chatham Lodging Trust (REIT)	Buy	+60,773	+1.3%	$36.65M	4,656,442
Q1 2026	CRBG Corebridge Financial Inc.	Corebridge Financial Inc.	Buy	+2,656,038	+77.8%	$144.82M	6,069,588
Q1 2026	EG Everest Group	Everest Group	Buy	+68,751	+17.6%	$150.41M	460,175
Q1 2026	EGO Eldorado Gold Corporation	Eldorado Gold Corporation	Sell	-600,864	-7.6%	$249.76M	7,275,268
Q1 2026	EQX Equinox Gold Corp.	Equinox Gold Corp.	Sell - Position Exit	-20,031,159	-100.0%	$0.00	-
Q1 2026	G2415A113 Cool Company	Cool Company	Sell - Position Exit	-3,472,090	-100.0%	$0.00	-
Q1 2026	G33856108 Ferroglobe	Ferroglobe	Sell	-2,119,260	-28.1%	$22.39M	5,434,704
Q1 2026	G42706104 Hamilton Insurance	Hamilton Insurance	Buy	+742,226	+81.9%	$49.19M	1,648,990
Q1 2026	G9456A100 Golar LNG	Golar LNG	Sell - Position Exit	-2,296,251	-100.0%	$0.00	-
Q1 2026	GAU Galiano Gold Inc.	Galiano Gold Inc.	Sell	-1,014,609	-4.2%	$57.98M	23,101,316
Q1 2026	GGB Gerdau S.A.	Gerdau S.A.	Buy	+7,911,291	+48.7%	$87.15M	24,140,583
Q1 2026	GHLD Guild Holdings Company	Guild Holdings Company	Sell - Position Exit	-158,988	-100.0%	$0.00	-
Q1 2026	GM General Motors Company	General Motors Company	Sell	-34,863	-2.0%	$130.15M	1,746,952
Q1 2026	GNW Genworth Financial Inc	Genworth Financial Inc	Buy	+510,219	+2.0%	$206.95M	25,486,303
Q1 2026	HBM Hudbay Minerals Inc.	Hudbay Minerals Inc.	Sell - Position Exit	-5,761,121	-100.0%	$0.00	-
Q1 2026	HHH Howard Hughes Holdings Inc.	Howard Hughes Holdings Inc.	Sell	-42,373	-3.9%	$66.03M	1,043,822
Q1 2026	HMC Honda Motor Company, Ltd.	Honda Motor Company, Ltd.	Buy	+1,428,475	+69.4%	$84.77M	3,487,175
Q1 2026	HOFT Hooker Furnishings Corporation	Hooker Furnishings Corporation	Buy	+74,891	+7.5%	$13.79M	1,070,964
Q1 2026	HOG Harley-Davidson, Inc.	Harley-Davidson, Inc.	Buy	+3,213,147	+47.2%	$202.54M	10,016,874
Q1 2026	IAG Iamgold Corporation	Iamgold Corporation	Sell	-10,174,612	-41.3%	$272.50M	14,479,039

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