Latest Smith, Salley & Associates Stock Portfolio

Smith, Salley & Associates Performance:

2026 Q1: -3.53%YTD: -3.53%2025: 15.73%

Performance for 2026 Q1 is -3.53%, and YTD is -3.53%, and 2025 is 15.73%.

About Smith, Salley & Associates and 13F Hedge Fund Stock Holdings

Smith Salley Wealth Management is a hedge fund based in Greensboro, NC. On 2026-04-16, the fund reported it's updated stock portfolio. In the 13F Holdings report, Smith Salley Wealth Management reported an equity portfolio of $2 Billions as of 31 Mar, 2026.

The top stock holdings of Smith Salley Wealth Management are NVDA, AAPL, MSFT. The fund has invested 6.8% of it's portfolio in NVIDIA CORPORATION and 5.3% of portfolio in APPLE INC.

The fund managers got completely rid off ASTRAZENECA PLC (AZN), ISHARES TR (AAXJ) and AUTOMATIC DATA PROCESSING IN (ADP) stocks. They significantly reduced their stock positions in VANGUARD WHITEHALL FDS (VIGI), ENBRIDGE INC (ENB) and LOCKHEED MARTIN CORP (LMT). Smith Salley Wealth Management opened new stock positions in ASTRAZENECA PLC, SPDR SERIES TRUST (BIL) and KINDER MORGAN INC DEL (KMI). The fund showed a lot of confidence in some stocks as they added substantially to PHILIP MORRIS INTL INC (PM), EMERSON ELEC CO (EMR) and VANGUARD INTL EQUITY INDEX F (VEU).

Smith, Salley & Associates Annual Return Estimates Vs S&P 500

Our best estimate is that Smith Salley Wealth Management made a return of -3.53% in the last quarter. In trailing 12 months, it's portfolio return was 15.45%.

Performance
S&P 500

New Buys

Ticker	$ Bought
astrazeneca plc	13,592,200
spdr series trust	4,238,320
kinder morgan inc del	1,659,000
williams cos inc	1,050,910
united parcel svcs inc	358,497
world gold tr	273,065
sherwin williams co	241,288
cincinnati finl corp	235,396

New stocks bought by Smith, Salley & Associates

Additions

Ticker	% Inc.
philip morris intl inc	249
emerson elec co	169
vanguard intl equity index f	65.03
ishares tr	64.11
ishares tr	37.33
vanguard index fds	34.75
servicenow inc	32.76
spdr series trust	30.01

Additions to existing portfolio by Smith, Salley & Associates

Reductions

Ticker	% Reduced
vanguard whitehall fds	-74.1
enbridge inc	-72.97
lockheed martin corp	-67.07
invesco exch traded fd tr ii	-65.36
ishares tr	-49.68
state str spdr s&p 500 etf t	-32.47
schwab strategic tr	-26.08
ishares tr	-21.59

Smith, Salley & Associates reduced stake in above stock

Sold off

Ticker	$ Sold
astrazeneca plc	-12,466,200
mondelez intl inc	-1,469,320
ishares tr	-2,357,380
sofi technologies inc	-209,440
automatic data processing in	-1,696,580
barrick mng corp	-201,253
uber technologies inc	-216,123
disney walt co	-211,274

Smith, Salley & Associates got rid off the above stocks

Sector Distribution

Smith Salley Wealth Management has about 28.1% of it's holdings in Technology sector.

Sector	%
Technology	28.1
Others	15.3
Financial Services	10.9
Industrials	9.6
Consumer Cyclical	9.4
Healthcare	8.3
Communication Services	7.9
Consumer Defensive	3.8
Energy	2.5
Utilities	2.4
Basic Materials	1.6

Market Cap. Distribution

Smith Salley Wealth Management has about 83.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	51.9
LARGE-CAP	31.8
UNALLOCATED	15.3

Stocks belong to which Index?

About 78.6% of the stocks held by Smith Salley Wealth Management either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	78.6
Others	21

Top 5 Winners (%)		%
GLW	corning inc	54.1 %
VRT	vertiv holdings co	51.2 %
VLO	valero energy corp	50.3 %
MPC	marathon pete corp	49.1 %
XOM	exxon mobil corp	39.5 %

Top 5 Winners ($)		$
ASML	asml hldg nv	7.0 M
CVX	chevron corporation	6.8 M
CASY	caseys gen stores inc	5.3 M
ADI	analog devices inc	5.2 M
NEE	nextera energy inc	4.5 M

Top 5 Losers (%)		%
BEAT	heartbeam inc	-49.2 %
INTU	intuit	-34.7 %
NOW	servicenow inc	-29.0 %
CRM	salesforce inc	-28.5 %
SHOP	shopify inc	-26.2 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-27.1 M
NVDA	nvidia corporation	-9.4 M
AAPL	apple inc	-7.5 M
GOOG	alphabet inc	-7.5 M
META	meta platforms inc	-7.0 M

Smith, Salley & Associates Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Smith, Salley & Associates

Smith Salley Wealth Management has 267 stocks in it's portfolio. About 35.1% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. ASML was the most profitable stock for Smith Salley Wealth Management last quarter.

Last Reported on: 16 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.31	416,451	105,691,000	added	0.6

AAXJ	ishares tr	0.79	164,662	15,634,700	added	6.42

AAXJ	ishares tr	0.66	250,100	13,145,300	added	6.68

AAXJ	ishares tr	0.50	185,668	9,881,230	added	37.33

AAXJ	ishares tr	0.01	1,840	203,118	unchanged	0.00

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	1.76	160,791	34,970,500	added	2.17

ABT	abbott laboratories	0.98	189,613	19,467,500	added	1.31

ACN	accenture plc ireland	0.56	56,346	11,172,800	added	3.04

ACWF	ishares tr	0.37	175,357	7,419,340	added	64.11

ACWF	ishares tr	0.06	18,832	1,242,910	reduced	-1.78

ADI	analog devices inc	1.77	110,472	35,145,400	added	1.05

ADP	automatic data processing in	0.00	0.00	0.00	sold off	-100

AEP	american elec pwr co inc	0.20	30,473	3,994,420	added	3.28

AFK	vaneck etf trust	0.02	817	313,189	added	8.07

AFL	aflac inc	0.02	4,304	472,177	added	9.38

ALL	allstate corp	0.02	1,739	360,564	reduced	-6.35

AMAT	applied matls inc	0.15	8,974	3,067,290	added	9.15

AMD	advanced micro devices inc	0.02	1,761	358,240	added	6.02

AME	ametek inc	1.17	108,976	23,360,100	added	0.96