Smith Asset Management

Chiefland, FLfiles as Smith Asset Management Co., LLC

$127m in 70 US stocks at the end of 30 June 2026. The top 10 are 40.9% of the money. It changed about 6.8% of the portfolio this quarter.

Value

$127m

Stocks

Top 10 share

40.9%

Turnover

6.8%

What changed this quarter

New

Bought for the first time this quarter.

First TR Exchange-Traded FDGRID
0.7% of the fund
OUTFRONT MediaOUT
0.5% of the fund
State STR Spdr DOW Jones INDDIA
0.4% of the fund
Eaton Vance Tax-Advantaged Global Dividend Income FundETG
0.2% of the fund

Added

Bought more of a stock they already held.

Berkshire HathawayBRK-B
6.3% of the fund
+2%
Vanguard World FDVGT
4.3% of the fund
+17%
AppleAAPL
3.0% of the fund
+5%
Vanguard World FDVIS
2.8% of the fund
+26%
Invesco QQQ TRQQQ
1.6% of the fund
+48%
MicrosoftMSFT
1.5% of the fund
+88%
Amazon.comAMZN
1.3% of the fund
+9%
Spdr Series TrustSPYM
0.9% of the fund
+10%
AlphabetGOOGL
0.5% of the fund
+7%

Cut

Sold some of their stake.

Nuveen PFD & Income OpportunJPC
5.5% of the fund
-2%
First Trust Enhanced Equity Income FundFFA
2.6% of the fund
-2%
abrdn Healthcare InvestorsHQH
1.9% of the fund
-2%
Blackrock Debt Strategies FundDSU
1.5% of the fund
-3%
abrdn Global Infrastructure Income FundASGI
1.0% of the fund
-4%
Flaherty & Crumrin PFD & INMXFFCX
1.0% of the fund
-3%
Columbia Seligman Premium Technology Growth FundSTK
0.7% of the fund
-2%
Omega Healthcare InvestorsOHI
0.6% of the fund
-5%
Blackrock Health Sciences TRXBMEX
0.5% of the fund
-2%
BLACKROCK Ltd DURATION INCOME TRUSTBLW
0.5% of the fund
-3%
Vanguard Index FDSVOT
0.4% of the fund
-13%
Cohen & Steers LTD DurationLDP
0.3% of the fund
-5%
Flaherty & Crumrine PFD IncoPFO
0.2% of the fund
-3%
Altria GroupMO
0.2% of the fund
-3%
Seven Hills Realty TrustSEVN
0.2% of the fund
-9%
Liberty ALL Star Growth FundASG
0.2% of the fund
-3%
Franklin Municipal Opportunities TrustPMO
0.1% of the fund
-9%

Sold out

Sold their entire stake.

Vanguard Index FDSVB
-100%
Vanguard World FDVDE
-100%
Select Sector Spdr TRXLV
-100%
Select Sector Spdr TRXLF
-100%
Blackrock Utils InfrastructuBUI-R
-100%

Holdings

Berkshire HathawayBRK-B
Share
6.3%
Value
$8m
Shares
15,920
+2%
Nuveen PFD & Income OpportunJPC
Share
5.5%
Value
$7m
Shares
890,862
-2%
Ares CapitalARCC
Share
5.1%
Value
$6m
Shares
349,766
Held
Vanguard World FDVGT
Share
4.3%
Value
$5m
Shares
45,680
+17%
Calamos Strategic Total Return FundCSQ
Share
3.7%
Value
$5m
Shares
226,606
Held
State STR Spdr S&P 500 ETF TSPY
Share
3.5%
Value
$4m
Shares
6,014
Held
DNP Select Income FundDNP
Share
3.4%
Value
$4m
Shares
396,153
Held
Alliancebernstein Global HIGXAWFX
Share
3.1%
Value
$4m
Shares
386,580
Held
AppleAAPL
Share
3.0%
Value
$4m
Shares
13,293
+5%
Cohen & Steers Total Return Realty FundRFI
Share
3.0%
Value
$4m
Shares
333,654
Held
Vanguard World FDVIS
Share
2.8%
Value
$4m
Shares
9,954
+26%
First Trust Enhanced Equity Income FundFFA
Share
2.6%
Value
$3m
Shares
149,777
-2%
Reaves Utility Income FundUTG
Share
2.4%
Value
$3m
Shares
73,879
Held
Barings Corporate InvestorsMCI
Share
2.3%
Value
$3m
Shares
169,554
Held
Pimco Corporate & Income Strategy FundPCN
Share
2.3%
Value
$3m
Shares
242,388
Held
Annaly Capital ManagementNLY
Share
2.2%
Value
$3m
Shares
125,746
Held
Blackrock Credit Allocation Income TrustBTZ
Share
2.2%
Value
$3m
Shares
273,343
Held
Blackrock Enhanced Intl DIVXBGYX
Share
2.2%
Value
$3m
Shares
478,458
Held
PIMCO Dynamic Income FundPDI
Share
2.1%
Value
$3m
Shares
160,826
Held
Cohen & Steers Select PFDPSF
Share
2.1%
Value
$3m
Shares
129,643
Held
Cohen & Steers Infrastructure FundUTF
Share
2.0%
Value
$3m
Shares
93,866
Held
abrdn Healthcare InvestorsHQH
Share
1.9%
Value
$2m
Shares
112,724
-2%
Flaherty & Crumrine Total Return FundFLC
Share
1.6%
Value
$2m
Shares
124,011
Held
Invesco QQQ TRQQQ
Share
1.6%
Value
$2m
Shares
2,747
+48%
Pimco Corporate & Income Opportunity FundPTY
Share
1.6%
Value
$2m
Shares
167,505
Held
Flaherty & Crumrine DynamicDFP
Share
1.5%
Value
$2m
Shares
93,742
Held
MicrosoftMSFT
Share
1.5%
Value
$2m
Shares
5,066
+88%
Blackrock Debt Strategies FundDSU
Share
1.5%
Value
$2m
Shares
194,122
-3%
Amazon.comAMZN
Share
1.3%
Value
$2m
Shares
7,097
+9%
Guggenheim Strategic Opportunities FundGOF
Share
1.2%
Value
$2m
Shares
140,005
Held
BlackRock Utilities, Infrastructure & Power Opportunities TrustBUI
Share
1.2%
Value
$2m
Shares
52,521
Held
abrdn Global Infrastructure Income FundASGI
Share
1.0%
Value
$1m
Shares
56,489
-4%
Source CapitalXSORX
Share
1.0%
Value
$1m
Shares
28,062
Held
Flaherty & Crumrin PFD & INMXFFCX
Share
1.0%
Value
$1m
Shares
74,916
-3%
Western Asset Global Corporate Opportunity FundGDO
Share
0.9%
Value
$1m
Shares
111,189
Held
Barings Participation InvestorsMPV
Share
0.9%
Value
$1m
Shares
68,007
Held
Spdr Series TrustSPYM
Share
0.9%
Value
$1m
Shares
13,001
+10%
Nuveen AMT-Free Municipal Credit Income FundNVG
Share
0.9%
Value
$1m
Shares
86,848
Held
Vanguard Index FDSVTV
Share
0.9%
Value
$1m
Shares
5,071
Held
Cohen & Steers Reit & PFDXRNPX
Share
0.7%
Value
$920,422
Shares
45,341
Held
First TR Exchange-Traded FDGRID
Share
0.7%
Value
$892,405
Shares
4,654
New
Columbia Seligman Premium Technology Growth FundSTK
Share
0.7%
Value
$845,867
Shares
15,702
-2%
Flaherty & Crumrine PFD IncoPFD
Share
0.7%
Value
$845,129
Shares
72,668
Held
Omega Healthcare InvestorsOHI
Share
0.6%
Value
$747,034
Shares
15,667
-5%
Suburban Propane Partners LPSPH
Share
0.6%
Value
$708,812
Shares
41,451
Held
Blackrock Health Sciences TRXBMEX
Share
0.5%
Value
$694,888
Shares
16,179
-2%
BLACKROCK Ltd DURATION INCOME TRUSTBLW
Share
0.5%
Value
$666,391
Shares
53,354
-3%
OUTFRONT MediaOUT
Share
0.5%
Value
$634,037
Shares
19,354
New
AlphabetGOOGL
Share
0.5%
Value
$606,100
Shares
1,696
+7%
Blackrock Corporate High Yield FundHYT
Share
0.5%
Value
$603,129
Shares
70,459
Held
Iron MountainIRM
Share
0.5%
Value
$600,730
Shares
4,756
Held
Healthpeak PropertiesDOC
Share
0.5%
Value
$583,007
Shares
27,243
Held
State STR Spdr DOW Jones INDDIA
Share
0.4%
Value
$561,569
Shares
1,075
New
Vanguard Index FDSVOT
Share
0.4%
Value
$527,755
Shares
1,723
-13%
Morgan Stanley Emerging Markets Debt FundMSD
Share
0.4%
Value
$518,315
Shares
71,002
Held
WalmartWMT
Share
0.4%
Value
$503,327
Shares
4,444
Held
Cohen & Steers LTD DurationLDP
Share
0.3%
Value
$383,186
Shares
18,109
-5%
Duke EnergyDUK
Share
0.3%
Value
$331,513
Shares
2,619
Held
Flaherty & Crumrine PFD IncoPFO
Share
0.2%
Value
$283,834
Shares
30,718
-3%
Altria GroupMO
Share
0.2%
Value
$261,610
Shares
3,636
-3%
Seven Hills Realty TrustSEVN
Share
0.2%
Value
$247,218
Shares
29,326
-9%
AmgenAMGN
Share
0.2%
Value
$239,361
Shares
661
Held
Liberty ALL Star Growth FundASG
Share
0.2%
Value
$220,042
Shares
40,227
-3%
Eaton Vance Tax-Advantaged Global Dividend Income FundETG
Share
0.2%
Value
$207,999
Shares
8,836
New
Alliancebernstein National Municipal Income FundAFB
Share
0.2%
Value
$207,696
Shares
18,203
Held
Diversified Healthcare TrustDHC
Share
0.2%
Value
$207,325
Shares
22,293
Held
Western Asset Premier Bond FundWEA
Share
0.2%
Value
$195,609
Shares
18,367
Held
Franklin Municipal Opportunities TrustPMO
Share
0.1%
Value
$132,266
Shares
12,549
-9%
Liberty ALL Star Equity FundUSA
Share
<0.1%
Value
$105,754
Shares
18,202
Held
Service Properties TrustSVC
Share
<0.1%
Value
$30,085
Shares
17,802
Held

Company	Share of fund	Value	Shares	Change
Berkshire HathawayBRK-B	6.3%	$8m	15,920	+2%
Nuveen PFD & Income OpportunJPC	5.5%	$7m	890,862	-2%
Ares CapitalARCC	5.1%	$6m	349,766	Held
Vanguard World FDVGT	4.3%	$5m	45,680	+17%
Calamos Strategic Total Return FundCSQ	3.7%	$5m	226,606	Held
State STR Spdr S&P 500 ETF TSPY	3.5%	$4m	6,014	Held
DNP Select Income FundDNP	3.4%	$4m	396,153	Held
Alliancebernstein Global HIGXAWFX	3.1%	$4m	386,580	Held
AppleAAPL	3.0%	$4m	13,293	+5%
Cohen & Steers Total Return Realty FundRFI	3.0%	$4m	333,654	Held
Vanguard World FDVIS	2.8%	$4m	9,954	+26%
First Trust Enhanced Equity Income FundFFA	2.6%	$3m	149,777	-2%
Reaves Utility Income FundUTG	2.4%	$3m	73,879	Held
Barings Corporate InvestorsMCI	2.3%	$3m	169,554	Held
Pimco Corporate & Income Strategy FundPCN	2.3%	$3m	242,388	Held
Annaly Capital ManagementNLY	2.2%	$3m	125,746	Held
Blackrock Credit Allocation Income TrustBTZ	2.2%	$3m	273,343	Held
Blackrock Enhanced Intl DIVXBGYX	2.2%	$3m	478,458	Held
PIMCO Dynamic Income FundPDI	2.1%	$3m	160,826	Held
Cohen & Steers Select PFDPSF	2.1%	$3m	129,643	Held
Cohen & Steers Infrastructure FundUTF	2.0%	$3m	93,866	Held
abrdn Healthcare InvestorsHQH	1.9%	$2m	112,724	-2%
Flaherty & Crumrine Total Return FundFLC	1.6%	$2m	124,011	Held
Invesco QQQ TRQQQ	1.6%	$2m	2,747	+48%
Pimco Corporate & Income Opportunity FundPTY	1.6%	$2m	167,505	Held
Flaherty & Crumrine DynamicDFP	1.5%	$2m	93,742	Held
MicrosoftMSFT	1.5%	$2m	5,066	+88%
Blackrock Debt Strategies FundDSU	1.5%	$2m	194,122	-3%
Amazon.comAMZN	1.3%	$2m	7,097	+9%
Guggenheim Strategic Opportunities FundGOF	1.2%	$2m	140,005	Held
BlackRock Utilities, Infrastructure & Power Opportunities TrustBUI	1.2%	$2m	52,521	Held
abrdn Global Infrastructure Income FundASGI	1.0%	$1m	56,489	-4%
Source CapitalXSORX	1.0%	$1m	28,062	Held
Flaherty & Crumrin PFD & INMXFFCX	1.0%	$1m	74,916	-3%
Western Asset Global Corporate Opportunity FundGDO	0.9%	$1m	111,189	Held
Barings Participation InvestorsMPV	0.9%	$1m	68,007	Held
Spdr Series TrustSPYM	0.9%	$1m	13,001	+10%
Nuveen AMT-Free Municipal Credit Income FundNVG	0.9%	$1m	86,848	Held
Vanguard Index FDSVTV	0.9%	$1m	5,071	Held
Cohen & Steers Reit & PFDXRNPX	0.7%	$920,422	45,341	Held
First TR Exchange-Traded FDGRID	0.7%	$892,405	4,654	New
Columbia Seligman Premium Technology Growth FundSTK	0.7%	$845,867	15,702	-2%
Flaherty & Crumrine PFD IncoPFD	0.7%	$845,129	72,668	Held
Omega Healthcare InvestorsOHI	0.6%	$747,034	15,667	-5%
Suburban Propane Partners LPSPH	0.6%	$708,812	41,451	Held
Blackrock Health Sciences TRXBMEX	0.5%	$694,888	16,179	-2%
BLACKROCK Ltd DURATION INCOME TRUSTBLW	0.5%	$666,391	53,354	-3%
OUTFRONT MediaOUT	0.5%	$634,037	19,354	New
AlphabetGOOGL	0.5%	$606,100	1,696	+7%
Blackrock Corporate High Yield FundHYT	0.5%	$603,129	70,459	Held
Iron MountainIRM	0.5%	$600,730	4,756	Held
Healthpeak PropertiesDOC	0.5%	$583,007	27,243	Held
State STR Spdr DOW Jones INDDIA	0.4%	$561,569	1,075	New
Vanguard Index FDSVOT	0.4%	$527,755	1,723	-13%
Morgan Stanley Emerging Markets Debt FundMSD	0.4%	$518,315	71,002	Held
WalmartWMT	0.4%	$503,327	4,444	Held
Cohen & Steers LTD DurationLDP	0.3%	$383,186	18,109	-5%
Duke EnergyDUK	0.3%	$331,513	2,619	Held
Flaherty & Crumrine PFD IncoPFO	0.2%	$283,834	30,718	-3%
Altria GroupMO	0.2%	$261,610	3,636	-3%
Seven Hills Realty TrustSEVN	0.2%	$247,218	29,326	-9%
AmgenAMGN	0.2%	$239,361	661	Held
Liberty ALL Star Growth FundASG	0.2%	$220,042	40,227	-3%
Eaton Vance Tax-Advantaged Global Dividend Income FundETG	0.2%	$207,999	8,836	New
Alliancebernstein National Municipal Income FundAFB	0.2%	$207,696	18,203	Held
Diversified Healthcare TrustDHC	0.2%	$207,325	22,293	Held
Western Asset Premier Bond FundWEA	0.2%	$195,609	18,367	Held
Franklin Municipal Opportunities TrustPMO	0.1%	$132,266	12,549	-9%
Liberty ALL Star Equity FundUSA	<0.1%	$105,754	18,202	Held
Service Properties TrustSVC	<0.1%	$30,085	17,802	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 9.7% since 30 June 2025.

Where the money is

Financial services8.5%

Technology4.5%

Real estate2.4%

Retail & consumer1.9%

Everyday goods0.6%

Media & telecom0.5%

Utilities0.3%

Health care0.2%

Other81.2%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.