← Holdings
WY

WEYERHAEUSER CO

2 managers · $100M total
Data: SEC EDGAR 13F · 2026Q2
Manager holders · last 5 qtrsⓘ
2
2025Q2 – 2026Q2 · flat QoQ
Total position
$100M
Combined value across tracked managers
Net move this quarter
↑ Adding
Weighted by holders' share change
HolderQ actionValue% of port.Style
KopernikAdd+97.34%$90M5.51%深度价值 / 全球逆向
MarathonAdd+31.1%$10M0.42%Capital cycle / Contrarian value
What managers sayⓘ
2026-09-30The Capital Cycle (Marathon)BullKnock on Wood (September 2026)Detail →
2026-07-21Kopernik Global InvestorsBullQ2 2026 Conference CallDetail →
2026-06-23Kopernik Global InvestorsBullTimber (Jun 2026)Detail →
2026-04-15Kopernik Global InvestorsBullKopernik Global All-Cap Fund — Monthly HoldingsDetail →
2026-03-15Kopernik Global InvestorsBullKopernik Global All-Cap Fund — Quarterly CommentaryDetail →
2026-02-01Southeastern Asset ManagementBearResearch Perspectives – February 2026Detail →
Earnings Callsⓘ
Q2 2026August 7, 2026
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### At a GlanceWeyerhaeuser reported Q2 2026 GAAP earnings of $162 million ($0.23 per share), adjusted earnings of $0.13 per share, and adjusted EBITDA of $310 million. Management stated that despite ongoing market challenges and inflationary pressures, the team delivered solid operational results.
Key data: Wood Products adjusted EBITDA was $129 million, improving by $58 million quarter-over-quarter, driven by higher lumber pricing and increased sales volumes; Timberlands adjusted EBITDA was $123 million, slightly improved quarter-over-quarter; Strategic Land Solutions adjusted EBITDA was $129 million, down $64 million quarter-over-quarter, due to reduced contributions following a large conservation easement transaction in the first quarter.
Business progress: The lumber business benefited from seasonal demand improvement, supply constraints, and reduced European imports, with pricing up 15% quarter-over-quarter. The OSB business continued to face challenges, with an adjusted EBITDA loss of $6 million, due to oversupply and rising costs. The company completed the sale of 29,000 acres of non-core timberlands in Oregon for $114 million. The Climate Solutions business is advancing, with a second solar site now operational and three more under construction. The first bio-carbon facility in Mississippi is expected to break ground in Q4.
Guidance & Outlook: Management expects Q3 Timberlands adjusted EBITDA to be slightly up quarter-over-quarter, with improvements across all regions; the full-year adjusted EBITDA guidance for Strategic Land Solutions was raised to approximately $450 million (from $425 million); Q3 adjusted EBITDA for Wood Products is expected to be slightly down quarter-over-quarter (excluding price changes), due to higher OSB maintenance costs and rising resin costs.
Risk/Highlight Signals: Management noted that the housing market remains affected by weak consumer confidence and affordability challenges, but long-term fundamentals (housing shortage, demographic trends) remain favorable. Repair and remodel market activity is stable but subdued, as high mortgage rates suppress home turnover.
Q1 2026May 1, 2026
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FinancialsⓘFY2025 · Source: SEC EDGAR 10-K

5y revenue CAGR -9% · latest net margin 4.7%

Revenue$6.91B
Rev. YoY-3.1%
Gross margin14.8%
Net margin4.7%
Net income$0.32B
Free cash flow—
Operating cash flow$0.56B
ROE3.4%

Source: SEC EDGAR company filings (10-K). Foreign issuers (20-F/IFRS) not yet covered.