Donald G. Smith – Donald Smith & Co. Portfolio Activity & Recent Trades (Sep 30, 2025)

As of Sep 30, 2025, the Donald Smith & Co. portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 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 Q3 2025, the filing reported:

New Buys – Honda Motor Company, Ltd.

Increases – Allegiant Travel Company, AdvanSix Inc., Citigroup, Inc., Centerra Gold Inc., Everest Group, and 17 more

Reductions – AerCap, Air France KLM, Ally Financial Inc., Algoma Steel Group Inc., Beazer Homes USA, Inc., and 27 more

Complete Exits – Korea Electric Power Corporatio, International Seaways, Scorpio Tankers

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
Q3 2025	AER AerCap	AerCap	Sell	-9,110	-0.3%	$378.07M	3,124,528
Q3 2025	AFLYY Air France KLM	Air France KLM	Sell	-60,195	-1.3%	$6.38M	4,592,373
Q3 2025	ALGT Allegiant Travel Company	Allegiant Travel Company	Buy	+263,388	+17.5%	$107.56M	1,770,021
Q3 2025	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-15,861	-0.6%	$100.35M	2,559,863
Q3 2025	ASIX AdvanSix Inc.	AdvanSix Inc.	Buy	+34,817	+18.2%	$4.39M	226,560
Q3 2025	ASTL Algoma Steel Group Inc.	Algoma Steel Group Inc.	Sell	-103,148	-1.7%	$21.11M	5,937,020
Q3 2025	BZH Beazer Homes USA, Inc.	Beazer Homes USA, Inc.	Sell	-77,815	-2.5%	$74.36M	3,029,072
Q3 2025	C Citigroup, Inc.	Citigroup, Inc.	Buy	+38,834	+3.3%	$122.17M	1,203,623
Q3 2025	CGAU Centerra Gold Inc.	Centerra Gold Inc.	Buy	+3,571,784	+44.4%	$124.71M	11,622,624
Q3 2025	CIVI Civitas Resources, Inc.	Civitas Resources, Inc.	Sell	-153,808	-3.4%	$140.61M	4,326,560
Q3 2025	CLDT Chatham Lodging Trust (REIT)	Chatham Lodging Trust (REIT)	Sell	-221,452	-4.6%	$30.84M	4,595,669
Q3 2025	CRBG Corebridge Financial Inc.	Corebridge Financial Inc.	Sell	-669,798	-16.4%	$109.40M	3,413,550
Q3 2025	EG Everest Group	Everest Group	Buy	+80,387	+25.8%	$137.09M	391,424
Q3 2025	EGO Eldorado Gold Corporation	Eldorado Gold Corporation	Sell	-2,605,194	-24.9%	$227.54M	7,876,132
Q3 2025	EQX Equinox Gold Corp.	Equinox Gold Corp.	Sell	-6,476,456	-24.4%	$224.75M	20,031,159
Q3 2025	G2415A113 Cool Company	Cool Company	Sell	-92,725	-2.6%	$32.98M	3,472,090
Q3 2025	G33856108 Ferroglobe	Ferroglobe	Sell	-257,156	-3.3%	$34.37M	7,553,964
Q3 2025	G42706104 Hamilton Insurance	Hamilton Insurance	Buy	+246,620	+37.4%	$22.49M	906,764
Q3 2025	G9456A100 Golar LNG	Golar LNG	Sell	-138,624	-5.7%	$92.79M	2,296,251
Q3 2025	GAU Galiano Gold Inc.	Galiano Gold Inc.	Sell	-1,393,446	-5.5%	$52.81M	24,115,925
Q3 2025	GGB Gerdau S.A.	Gerdau S.A.	Buy	+10,256,832	+171.7%	$50.31M	16,229,292
Q3 2025	GHLD Guild Holdings Company	Guild Holdings Company	Sell	-51,871	-24.6%	$3.17M	158,988
Q3 2025	GM General Motors Company	General Motors Company	Buy	+125,625	+7.6%	$108.64M	1,781,815
Q3 2025	GNW Genworth Financial Inc	Genworth Financial Inc	Sell	-1,222,196	-4.7%	$222.29M	24,976,084
Q3 2025	HBM Hudbay Minerals Inc.	Hudbay Minerals Inc.	Sell	-1,681,847	-22.6%	$87.34M	5,761,121
Q3 2025	HHH Howard Hughes Holdings Inc.	Howard Hughes Holdings Inc.	Sell	-11,485	-1.0%	$89.25M	1,086,195
Q3 2025	HMC Honda Motor Company, Ltd.	Honda Motor Company, Ltd.	Buy - Position Entry	+2,058,700	-	$63.41M	2,058,700
Q3 2025	HOFT Hooker Furnishings Corporation	Hooker Furnishings Corporation	Buy	+11,312	+1.1%	$10.11M	996,073
Q3 2025	HOG Harley-Davidson, Inc.	Harley-Davidson, Inc.	Buy	+1,285,932	+23.3%	$189.82M	6,803,727
Q3 2025	IAG Iamgold Corporation	Iamgold Corporation	Sell	-2,284,059	-8.5%	$318.77M	24,653,651