Smith Asset Management Co., LLC
Smith Asset Management Co., LLC reported 73 US-listed holdings worth $122.7 million in its 13F for the quarter ended 30 September 2026, filed 16 October 2026. Its largest: Berkshire Hathaway Inc. Class B (6.3%), Ares Capital Corp. (5.5%) and Nuveen PFD & Income Opportun (4.9%). Against the quarter before, it opened 5 positions, added to 16, trimmed 47 and sold out of 2.
Reported holdings$122.7M-3.4% on Q2 2026
Positions73+3 on Q2 2026
The largest ten41.0%of its reported holdings
Latest 13FQ3 2026filed 16 October 2026
Added toTrimmed
The 14 largest of its 73 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +1.9% over the 7 quarters to 30 September 2026, against +30.1% for the S&P 500.
Its reported holdingsThe S&P 500
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Opened 5Added 16Held 5Trimmed 47Sold out 2
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 5
- Vanguard Growth ETF VUG$328,904
- Alphabet Inc. GOOG$236,417
- First Trust Exchange-Traded FD RDVY$224,502
- Vanguard S&P 500 VOO$208,926
- Abrdn Global Infra Income Fu ASGIRT$680
Added to 16
- Invesco QQQ Trust QQQ+1,102 shares · +40%
- SPDR Dow Jones Indl Average DIA+1,368 shares · +127%
- First Trust Exchange Traded FD GRID+1,836 shares · +39%
- Vanguard World FD VIS+966 shares · +10%
- Vanguard Value ETF VTV+1,158 shares · +23%
- Microsoft Corp. MSFT+407 shares · +8%
- Amazon.com Inc. AMZN+750 shares · +11%
- SPDR S&P 500 SPY+154 shares · +3%
and 8 more in the table below
Trimmed 47
- Calamos Strategic Total Retu CSQ-12,397 shares · -5%
- Apple Inc. AAPL-667 shares · -5%
- Berkshire Hathaway Inc. Class B BRKB-419 shares · -3%
- BlackRock Funds Inc BGY-28,287 shares · -6%
- Seligman Funds/Closed-end STK-2,801 shares · -18%
- Source Cap Inc. SOR-2,607 shares · -9%
- AllianceBernstein Global Hig AWF-12,151 shares · -3%
- Nuveen PFD & Income Opportun JPC-16,489 shares · -2%
and 39 more in the table below
Sold out of 2
- Eaton Vance TX Adv Glbl Div ETG$207,999 last quarter
- Service Pptys Trust SVC$30,085 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Berkshire Hathaway Inc. Class B BRKB | 15.5K | $7.7 million | 6.29% | -419 |
| Ares Capital Corp. ARCC | 352.4K | $6.7 million | 5.48% | +2.6K |
| Nuveen PFD & Income Opportun JPC | 874.4K | $6.0 million | 4.86% | -16.5K |
| Vanguard World FD VGT | 46.1K | $5.8 million | 4.72% | +390 |
| SPDR S&P 500 SPY | 6.2K | $4.7 million | 3.83% | +154 |
| Calamos Strategic Total Retu CSQ | 214.2K | $4.4 million | 3.56% | -12.4K |
| Apple Inc. AAPL | 12.6K | $4.2 million | 3.43% | -667 |
| DNP Select Income FD Inc. DNP | 389.4K | $3.7 million | 3.04% | -6.7K |
| AllianceBernstein Global Hig AWF | 374.4K | $3.6 million | 2.97% | -12.2K |
| Vanguard World FD VIS | 10.9K | $3.5 million | 2.85% | +966 |
| Cohen & Steers Capital Management Inc RFI | 328.9K | $3.5 million | 2.81% | -4.7K |
| First Trust Enhanced Equity Inc. FFA | 146.9K | $3.3 million | 2.66% | -2.9K |
| Barings Corporate Invs MCI | 167.5K | $3.0 million | 2.41% | -2.0K |
| Invesco QQQ Trust QQQ | 3.8K | $2.8 million | 2.32% | +1.1K |
| Microsoft Corp. MSFT | 5.5K | $2.8 million | 2.29% | +407 |
| PIMCO Corporate & Incm Strg PCN | 237.8K | $2.5 million | 2.07% | -4.6K |
| BlackRock Funds Inc BGY | 450.2K | $2.5 million | 2.07% | -28.3K |
| BlackRock CR Allocation Inco BTZ | 269.6K | $2.5 million | 2.05% | -3.7K |
| Reaves Util Income FD UTG | 72.7K | $2.5 million | 2.04% | -1.1K |
| Annaly Capital Management Inc. NLY | 125.4K | $2.4 million | 1.93% | -349 |
| Tekla Healthcare HQH | 111.3K | $2.3 million | 1.89% | -1.5K |
| Cohen & Steers Select PFD & PSF | 127.0K | $2.3 million | 1.88% | -2.7K |
| Cohen & Steers Funds/Closed-en UTF | 90.9K | $2.2 million | 1.83% | -3.0K |
| PIMCO Dynamic Income FD PDI | 159.0K | $2.2 million | 1.82% | -1.8K |
| Amazon.com Inc. AMZN | 7.8K | $2.0 million | 1.59% | +750 |
| Flaherty & Crumrine Total Retu Com FLC | 121.2K | $1.9 million | 1.56% | -2.8K |
| PIMCO Corporate & Income Opp PTY | 165.4K | $1.8 million | 1.48% | -2.1K |
| BlackRock Debt Strategies FD DSU | 196.5K | $1.8 million | 1.44% | +2.4K |
| Flaherty & Crumrine Dynamic PF SHS DFP | 93.3K | $1.8 million | 1.43% | -482 |
| Vanguard Value ETF VTV | 6.2K | $1.3 million | 1.10% | +1.2K |
| BlackRock Funds/Closed-end BUI | 52.6K | $1.3 million | 1.07% | +43 |
| SPDR Dow Jones Indl Average DIA | 2.4K | $1.2 million | 1.01% | +1.4K |
| Guggenheim Strategic Opportu GOF | 141.0K | $1.2 million | 0.98% | +1.0K |
| SPDR Ser Trust SPYM | 13.2K | $1.2 million | 0.97% | +223 |
| Source Cap Inc. SOR | 25.5K | $1.2 million | 0.94% | -2.6K |
| First Trust Exchange Traded FD GRID | 6.5K | $1.1 million | 0.94% | +1.8K |
| Flaherty & Crumrine PFD Secs FFC | 75.8K | $1.1 million | 0.92% | +876 |
| Abrdn Global Infra Income Fu ASGI | 54.3K | $1.0 million | 0.86% | -2.2K |
| Barings Partn Invs MPV | 67.6K | $1.0 million | 0.85% | -362 |
| Western Asset Global Corp. De GDO | 106.4K | $1.0 million | 0.83% | -4.8K |
| Nuveen Amt Free Mun CR Inc. F NVG | 85.9K | $911,680 | 0.74% | -922 |
| Cohen & Steers REIT & PFD & RNP | 45.2K | $843,594 | 0.69% | -109 |
| Flaherty & Crumrine PFD Inco PFD | 71.5K | $769,710 | 0.63% | -1.2K |
| Omega Healthcare Investors Inc. OHI | 15.0K | $694,542 | 0.57% | -670 |
| Seligman Funds/Closed-end STK | 12.9K | $693,687 | 0.57% | -2.8K |
| BlackRock Funds/Closed-End BME | 15.3K | $674,615 | 0.55% | -892 |
| Suburban Propane Partners L SPH | 40.9K | $672,725 | 0.55% | -531 |
| BlackRock Ltd Duration Incom BLW | 52.7K | $605,293 | 0.49% | -674 |
| Alphabet Inc. GOOGL | 1.7K | $575,990 | 0.47% | -22 |
| Outfront Media Inc. OUT | 19.4K | $537,074 | 0.44% | no change |
| BlackRock Corpor Hi Yld FD I HYT | 67.6K | $529,819 | 0.43% | -2.9K |
| Healthpeak Properties, Inc. DOC | 25.8K | $516,091 | 0.42% | -1.4K |
| Vanguard Index FDS VOT | 1.7K | $504,201 | 0.41% | +3 |
| Iron Mountain Inc. IRM | 4.2K | $471,094 | 0.38% | -510 |
| Walmart Inc. WMT | 4.5K | $467,640 | 0.38% | +56 |
| Morgan Stanley Emkt DBT FD I MSD | 68.4K | $460,746 | 0.38% | -2.6K |
| Cohen & Steers Ltd Duration LDP | 17.3K | $333,905 | 0.27% | -844 |
| Vanguard Growth ETF VUG | 3.6K | $328,904 | 0.27% | new |
| Duke Energy Corp. DUK | 2.5K | $283,771 | 0.23% | -130 |
| Amgen Inc. AMGN | 661 | $278,618 | 0.23% | no change |
| Flaherty & Crumrine PFD Inco PFO | 30.7K | $265,096 | 0.22% | no change |
| Altria Group, Inc. MO | 3.6K | $240,134 | 0.20% | -70 |
| Alphabet Inc. GOOG | 693 | $236,417 | 0.19% | new |
| First Trust Exchange-Traded FD RDVY | 2.9K | $224,502 | 0.18% | new |
| Vanguard S&P 500 VOO | 298 | $208,926 | 0.17% | new |
| Liberty All-Star Growth FD I ASG | 40.0K | $201,748 | 0.16% | -277 |
| Seven Hills Realty Trust SEVN | 27.7K | $190,493 | 0.16% | -1.6K |
| AllianceBernstein Natl Mun I AFB | 18.2K | $173,475 | 0.14% | no change |
| Diversified Healthcare Trust DHC | 21.8K | $171,012 | 0.14% | -508 |
| Western Asset Premier BD FD WEA | 16.5K | $164,430 | 0.13% | -1.9K |
| Putnam Mun Opportunities Trust SH Ben Int PMO | 12.2K | $111,901 | 0.09% | -306 |
| Alps Closed End Funds USA | 17.9K | $103,548 | 0.08% | -256 |
| Abrdn Global Infra Income Fu ASGIRT | 54.4K | $680 | 0.00% | new |
Every US-listed position in the fund's 13F for the quarter ended 30 September 2026, by the value it reported.