1y return+2.7%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2024: $107 against $127 in the S&P 500.2
Smith Asset Management Co., LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BRK/BBerkshire Hathaway Inc Del | $8.0M | 6.3% | +2.4% |
| JPCNuveen Pfd & Income Opportun | $7.0M | 5.5% | −2.3% |
| ARCCAres Capital Corp | $6.5M | 5.1% | +1.6% |
| VGTVanguard World Fd | $5.5M | 4.3% | +16.9% |
| CSQCalamos Strategic Total Retu | $4.7M | 3.7% | −1.4% |
| SPYState Str Spdr S&p 500 Etf T | $4.5M | 3.5% | |
| DNPDnp Select Income Fd Inc | $4.3M | 3.4% | −1.4% |
| XAWFXAlliancebernstein Global Hig | $4.0M | 3.1% | −1.9% |
| AAPLApple Inc | $3.8M | 3.0% | +5.0% |
| RFICohen & Steers Total Return | $3.8M | 3.0% | −1.8% |
| VISVanguard World Fd | $3.6M | 2.8% | +25.9% |
| FFAFirst Tr Enhanced Equity | $3.3M | 2.6% | −2.3% |
| UTGReaves Util Income Fd | $3.0M | 2.4% | −2.0% |
| MCIBarings Corporate Invs | $3.0M | 2.3% | −1.9% |
| PCNPimco Corporate & Incm Strg | $2.9M | 2.3% | |
| NLYAnnaly Capital Management In | $2.8M | 2.2% | |
| BTZBlackrock Cr Allocation | $2.8M | 2.2% | −1.1% |
| XBGYXBlackrock Enhanced Intl Div | $2.7M | 2.2% | |
| PDIPimco Dynamic Income Fd | $2.7M | 2.1% | −1.0% |
| PSFCohen & Steers Select Pfd & | $2.6M | 2.1% | |
| UTFCohen & Steers Infrastructur | $2.6M | 2.0% | −1.1% |
| HQHAbrdn Healthcare Investors | $2.5M | 1.9% | −2.2% |
| FLCFlaherty & Crumrine Total Re | $2.1M | 1.6% | −1.7% |
| QQQInvesco Qqq Tr | $2.0M | 1.6% | +47.6% |
| PTYPimco Corporate & Income Opp | $2.0M | 1.6% | +1.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| VGTVanguard World Fd | December 31, 2024 | +53.8% | $5.5M |
| VISVanguard World Fd | December 31, 2024 | +41.7% | $3.6M |
| HQHAbrdn Healthcare Investors | December 31, 2024 | +36.9% | $2.5M |
| QQQInvesco Qqq Tr | June 30, 2025 | +33.5% | $2.0M |
| ASGIAbrdn Global Infra Income Fu | December 31, 2024 | +32.6% | $1.3M |
| VTVVanguard Index Fds | December 31, 2024 | +28.7% | $1.1M |
| UTGReaves Util Income Fd | December 31, 2024 | +28.5% | $3.0M |
| SPYMSpdr Series Trust | December 31, 2024 | +27.5% | $1.1M |
| SPYState Str Spdr S&p 500 Etf T | December 31, 2024 | +27.4% | $4.5M |
| BUIBlackrock Utils Infrastructu | December 31, 2024 | +23.8% | $1.5M |
Sold off last quarter
- VBVanguard Index Fds was $853K
- VDEVanguard World Fd was $623K
- XLVSelect Sector Spdr Tr was $607K
- XLFSelect Sector Spdr Tr was $234K
- BUI-RBlackrock Utils Infrastructu was $426
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.1% | +14.8% |
| March 31, 2026 | −4.7% | −4.6% |
| December 31, 2025 | −2.2% | +2.4% |
| September 30, 2025 | +2.9% | +7.8% |
| June 30, 2025 | +1.3% | +10.5% |
| March 31, 2025 | +2.5% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Smith Asset Management Co., LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2068217&type=13F-HR&dateb=&owner=include&count=40CIK 2068217
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2068217/000117266126002606/Filed July 14, 2026 · accession 0001172661-26-002606