Donald G. Smith - Donald Smith & Co. 13F Activity & Position Changes (Q2 2025)

As of Jun 30, 2025, the Donald Smith & Co. portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. 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 Q2 2025, the filing reported:

New Buys - Hamilton Insurance, Gerdau S.A., Mohawk Industries, Inc., Metallus Inc., Ryerson Holding Corporation, and 1 more

Increases - Allegiant Travel Company, AdvanSix Inc., Corebridge Financial Inc., Everest Group, Equinox Gold Corp., and 15 more

Reductions - AerCap, Air France KLM, Ally Financial Inc., Algoma Steel Group Inc., Beazer Homes USA, Inc., and 24 more

Complete Exits - CNA Financial Corporation, Kimball Electronics, Inc., United States Steel Corporation

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
Q2 2025	AER AerCap	AerCap	Sell	-163,451	-5.0%	$366.64M	3,133,638
Q2 2025	AFLYY Air France KLM	Air France KLM	Sell	-108,357	-2.3%	$5.26M	4,652,568
Q2 2025	ALGT Allegiant Travel Company	Allegiant Travel Company	Buy	+156,186	+11.6%	$82.79M	1,506,633
Q2 2025	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-14,358	-0.6%	$100.32M	2,575,724
Q2 2025	ASIX AdvanSix Inc.	AdvanSix Inc.	Buy	+21,578	+12.7%	$4.55M	191,743
Q2 2025	ASTL Algoma Steel Group Inc.	Algoma Steel Group Inc.	Sell	-2,047,952	-25.3%	$41.62M	6,040,168
Q2 2025	BZH Beazer Homes USA, Inc.	Beazer Homes USA, Inc.	Sell	-15,623	-0.5%	$69.50M	3,106,887
Q2 2025	C Citigroup, Inc.	Citigroup, Inc.	Sell	-31,624	-2.6%	$99.15M	1,164,789
Q2 2025	CGAU Centerra Gold Inc.	Centerra Gold Inc.	Sell	-236,001	-2.8%	$58.05M	8,050,840
Q2 2025	CIVI Civitas Resources, Inc.	Civitas Resources, Inc.	Sell	-68,402	-1.5%	$123.30M	4,480,368
Q2 2025	CLDT Chatham Lodging Trust (REIT)	Chatham Lodging Trust (REIT)	Sell	-99,793	-2.0%	$33.58M	4,817,121
Q2 2025	CNA CNA Financial Corporation	CNA Financial Corporation	Sell - Position Exit	-2,795	-100.0%	$0.00	-
Q2 2025	CRBG Corebridge Financial Inc.	Corebridge Financial Inc.	Buy	+72,664	+1.8%	$144.96M	4,083,348
Q2 2025	EG Everest Group	Everest Group	Buy	+109,848	+54.6%	$105.71M	311,037
Q2 2025	EGO Eldorado Gold Corporation	Eldorado Gold Corporation	Sell	-2,011,430	-16.1%	$213.19M	10,481,326
Q2 2025	EQX Equinox Gold Corp.	Equinox Gold Corp.	Buy	+2,643,856	+11.1%	$152.42M	26,507,615
Q2 2025	G2415A113 Cool Company	Cool Company	Buy	+132,704	+3.9%	$23.88M	3,564,815
Q2 2025	G33856108 Ferroglobe	Ferroglobe	Buy	+1,288,610	+19.8%	$28.67M	7,811,120
Q2 2025	G42706104 Hamilton Insurance	Hamilton Insurance	Buy - Position Entry	+660,144	-	$14.27M	660,144
Q2 2025	G9456A100 Golar LNG	Golar LNG	Sell	-11,682	-0.5%	$100.29M	2,434,875
Q2 2025	GAU Galiano Gold Inc.	Galiano Gold Inc.	Sell	-582,676	-2.2%	$32.40M	25,509,371
Q2 2025	GGB Gerdau S.A.	Gerdau S.A.	Buy - Position Entry	+5,972,460	-	$17.44M	5,972,460
Q2 2025	GHLD Guild Holdings Company	Guild Holdings Company	Sell	-170,066	-44.6%	$4.17M	210,859
Q2 2025	GM General Motors Company	General Motors Company	Buy	+3,135	+0.2%	$81.50M	1,656,190
Q2 2025	GNW Genworth Financial Inc	Genworth Financial Inc	Sell	-916,301	-3.4%	$203.82M	26,198,280
Q2 2025	HBM Hudbay Minerals Inc.	Hudbay Minerals Inc.	Buy	+1,893,596	+34.1%	$78.97M	7,442,968
Q2 2025	HHH Howard Hughes Holdings Inc.	Howard Hughes Holdings Inc.	Sell	-472,328	-30.1%	$74.09M	1,097,680
Q2 2025	HOFT Hooker Furnishings Corporation	Hooker Furnishings Corporation	Sell	-22,361	-2.2%	$10.42M	984,761
Q2 2025	HOG Harley-Davidson, Inc.	Harley-Davidson, Inc.	Buy	+2,108,099	+61.8%	$130.22M	5,517,795
Q2 2025	IAG Iamgold Corporation	Iamgold Corporation	Sell	-1,867,594	-6.5%	$197.99M	26,937,710

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