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

According to the SEC 13F filed on May 14, 2026, the Donald Smith & Co. portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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.

Increases - AerCap, Air France KLM, Ally Financial Inc., Algoma Steel Group Inc., Citigroup, Inc., and 30 more

Reductions - Allegiant Travel Company, AdvanSix Inc., Beazer Homes USA, Inc., Chatham Lodging Trust (REIT), Eldorado Gold Corporation, and 10 more

Complete Exits - Civitas Resources, Inc., Equinox Gold Corp., Cool Company, Golar LNG, Hudbay Minerals Inc.

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	+67,970	+2.2%	$432.21M	3,150,675
Q1 2026	AFLYY Air France KLM	Air France KLM	Buy	+938	+0.0%	$4.81M	4,581,427
Q1 2026	ALGT Allegiant Travel Company	Allegiant Travel Company	Sell	-29,852	-1.8%	$135.18M	1,668,046
Q1 2026	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy	+1,296,806	+47.6%	$157.69M	4,019,715
Q1 2026	ASIX AdvanSix Inc.	AdvanSix Inc.	Sell	-17,970	-7.3%	$5.56M	227,980
Q1 2026	ASTL Algoma Steel Group Inc.	Algoma Steel Group Inc.	Buy	+167,298	+2.9%	$24.90M	6,028,929
Q1 2026	BZH Beazer Homes USA, Inc.	Beazer Homes USA, Inc.	Sell	-28,226	-0.9%	$57.46M	2,986,562
Q1 2026	C Citigroup, Inc.	Citigroup, Inc.	Buy	+31,474	+2.5%	$146.51M	1,291,904
Q1 2026	CGAU Centerra Gold Inc.	Centerra Gold Inc.	Buy	+1,613,120	+11.4%	$280.57M	15,771,236
Q1 2026	CIVI Civitas Resources, Inc.	Civitas Resources, Inc.	Sell - Position Exit	-4,485,476	-100.0%	$0.00	-
Q1 2026	CLDT Chatham Lodging Trust (REIT)	Chatham Lodging Trust (REIT)	Sell	-28,106	-0.6%	$36.65M	4,656,442
Q1 2026	CRBG Corebridge Financial Inc.	Corebridge Financial Inc.	Buy	+1,725,369	+39.7%	$144.82M	6,069,588
Q1 2026	EG Everest Group	Everest Group	Buy	+24,479	+5.6%	$150.41M	460,175
Q1 2026	EGO Eldorado Gold Corporation	Eldorado Gold Corporation	Sell	-84,754	-1.2%	$249.76M	7,275,268
Q1 2026	EQX Equinox Gold Corp.	Equinox Gold Corp.	Sell - Position Exit	-7,049,326	-100.0%	$0.00	-
Q1 2026	G2415A113 Cool Company	Cool Company	Sell - Position Exit	-737,772	-100.0%	$0.00	-
Q1 2026	G33856108 Ferroglobe	Ferroglobe	Buy	+75,631	+1.4%	$22.39M	5,434,704
Q1 2026	G42706104 Hamilton Insurance	Hamilton Insurance	Buy	+96,120	+6.2%	$49.19M	1,648,990
Q1 2026	G9456A100 Golar LNG	Golar LNG	Sell - Position Exit	-2,151,627	-100.0%	$0.00	-
Q1 2026	GAU Galiano Gold Inc.	Galiano Gold Inc.	Buy	+145,033	+0.6%	$57.98M	23,101,316
Q1 2026	GGB Gerdau S.A.	Gerdau S.A.	Sell	-71,005	-0.3%	$87.15M	24,140,583
Q1 2026	GM General Motors Company	General Motors Company	Buy	+44,522	+2.6%	$130.15M	1,746,952
Q1 2026	GNW Genworth Financial Inc	Genworth Financial Inc	Buy	+1,710,450	+7.2%	$206.95M	25,486,303
Q1 2026	HBM Hudbay Minerals Inc.	Hudbay Minerals Inc.	Sell - Position Exit	-35,913	-100.0%	$0.00	-
Q1 2026	HHH Howard Hughes Holdings Inc.	Howard Hughes Holdings Inc.	Buy	+22,853	+2.2%	$66.03M	1,043,822
Q1 2026	HMC Honda Motor Company, Ltd.	Honda Motor Company, Ltd.	Buy	+838,347	+31.6%	$84.77M	3,487,175
Q1 2026	HOFT Hooker Furnishings Corporation	Hooker Furnishings Corporation	Buy	+4,210	+0.4%	$13.79M	1,070,964
Q1 2026	HOG Harley-Davidson, Inc.	Harley-Davidson, Inc.	Buy	+1,117,670	+12.6%	$202.54M	10,016,874
Q1 2026	IAG Iamgold Corporation	Iamgold Corporation	Sell	-5,151,168	-26.2%	$272.50M	14,479,039
Q1 2026	JAKK JAKKS Pacific, Inc.	JAKKS Pacific, Inc.	Buy - Position Entry	+220,381	-	$4.39M	220,381

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