Smead Capital Management’s Ulta Beauty ULTA Stock Holding History

Smead Capital Management’s Portfolio ULTA Stock Details ULTA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$65.3M	Sell	124,895 -18,582	-13%	-$11.8M	1.42%	25
2025 Q4	$86.8M	Sell	143,477 -9,946	-6%	-$5.47M	1.8%	24
2025 Q3	$83.9M	Sell	153,423 -11,735	-7%	-$6.01M	1.62%	25
2025 Q2	$77.3M	Sell	165,158 -22,009	-12%	-$9.1M	1.55%	25
2025 Q1	$68.6M	Sell	187,167 -17,724	-9%	-$6.75M	1.18%	27
2024 Q4	$89.1M	Buy	+204,891	New	+$79.4M	1.38%	27
2021 Q2	–	Sell	-69,230	Closed	-$21.4M	–	36
2021 Q1	$21.4M	Buy	69,230 +6,361	+10%	+$1.98M	0.94%	29
2020 Q4	$18.1M	Sell	62,869 -2,762	-4%	-$699K	1.04%	27
2020 Q3	$14.7M	Sell	65,631 -7,157	-10%	-$1.54M	0.93%	27
2020 Q2	$14.8M	Buy	+72,788	New	+$15.7M	0.93%	27

Other funds holding ULTA

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

DAM

Diamant Asset Management Ridgefield, Connecticut $137B AUM 18.02% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Sanders Capital West Palm Beach, Florida $83.9B AUM 37.89% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Smead Capital Management's ULTA Position: Q1 2026 in Review

Smead Capital Management reduced its Ulta Beauty (ULTA) stake by 13% in Q1 2026, selling an estimated $11.8M and leaving 124,895 shares worth $65.3M. The position accounts for 1.42% of the portfolio, ranked #25.

Smead Capital Management first reported a position in ULTA in Q2 2020 and has held it in 10 quarters since. The position peaked at $89.1M in Q4 2024. 1,090 funds tracked by Wall St. Rank hold ULTA as of Q1 2026.

Smead Capital Management held 124,895 shares of Ulta Beauty worth $65.3M as of Q1 2026.
Smead Capital Management sold 18,582 Ulta Beauty shares in Q1 2026, an estimated $11.8M.
Ulta Beauty made up 1.42% of Smead Capital Management's portfolio in Q1 2026, its #25 holding.
Smead Capital Management first reported a position in Ulta Beauty in Q2 2020 and has held it in 10 quarters since.
Smead Capital Management's Ulta Beauty position peaked at $89.1M in Q4 2024.
1,090 funds tracked by Wall St. Rank held Ulta Beauty as of Q1 2026.

Based on Smead Capital Management's 13F filing for Q1 2026, filed 14 May 2026.