Latest Smith, Salley & Associates Stock Portfolio

Smith, Salley & Associates Performance:

2025 Q4: 0.97%YTD: 14.17%2024: 16.87%

Performance for 2025 Q4 is 0.97%, and YTD is 14.17%, and 2024 is 16.87%.

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

Smith Salley Wealth Management is a hedge fund based in GREENSBORO, NC. On 20-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.7 Billions. In it's latest 13F Holdings report, Smith Salley Wealth Management reported an equity portfolio of $2 Billions as of 31 Dec, 2025.

The top stock holdings of Smith Salley Wealth Management are NVDA, MSFT, AAPL. The fund has invested 7.2% of it's portfolio in NVIDIA CORPORATION and 5.7% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off CHEMED CORP NEW (CHE), ISHARES TR (BGRN) and INVESCO EXCH TRD SLF IDX FD (BSAE) stocks. They significantly reduced their stock positions in LOCKHEED MARTIN CORP (LMT), EMERSON ELEC CO (EMR) and LAM RESEARCH CORP (LRCX). Smith Salley Wealth Management opened new stock positions in AMPHENOL CORP NEW (APH), JOHNSON CTLS INTL PLC (JCI) and L3HARRIS TECHNOLOGIES INC (LHX). The fund showed a lot of confidence in some stocks as they added substantially to CUMMINS INC (CMI), NETFLIX INC (NFLX) and SERVICENOW INC (NOW).

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

Our best estimate is that Smith Salley Wealth Management made a return of 0.97% in the last quarter. In trailing 12 months, it's portfolio return was 14.17%.

Performance
S&P 500

New Buys

Ticker	$ Bought
amphenol corp new	12,131,000
johnson ctls intl plc	1,982,820
l3harris technologies inc	1,855,450
tractor supply co	892,304
delta air lines inc del	243,247
enterprise prods partners l	222,578
disney walt co	211,274
royal gold inc	208,508

New stocks bought by Smith, Salley & Associates

Additions

Ticker	% Inc.
cummins inc	1,381
netflix inc	908
servicenow inc	388
micron technology inc	203
palantir technologies inc	174
vanguard whitehall fds	173
spdr s&p 500 etf tr	154
ishares tr	119

Additions to existing portfolio by Smith, Salley & Associates

Reductions

Ticker	% Reduced
lockheed martin corp	-78.04
emerson elec co	-75.29
lam research corp	-41.99
royal bk cda	-36.09
automatic data processing in	-32.62
kla corp	-19.7
ametek inc	-17.76
mondelez intl inc	-14.36

Smith, Salley & Associates reduced stake in above stock

Sold off

Ticker	$ Sold
ishares tr	-542,247
ishares tr	-540,335
invesco exch trd slf idx fd	-312,853
chemed corp new	-6,523,760
ishares tr	-326,554
ishares tr	-313,011
united parcel service inc	-300,040
senseonics hldgs inc	-26,584

Smith, Salley & Associates got rid off the above stocks

Sector Distribution

Smith Salley Wealth Management has about 29.5% of it's holdings in Technology sector.

Sector	%
Technology	29.5
Others	15.1
Financial Services	11.7
Consumer Cyclical	9.1
Healthcare	8.9
Industrials	8.5
Communication Services	8.4
Consumer Defensive	3.4
Utilities	2
Energy	1.8
Basic Materials	1.3

Market Cap. Distribution

Smith Salley Wealth Management has about 84.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	50.2
LARGE-CAP	34.1
UNALLOCATED	15.1

Stocks belong to which Index?

About 79.9% of the stocks held by Smith Salley Wealth Management either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	79.9
Others	19.7

Top 5 Winners (%)		%
BEAT	heartbeam inc	45.5 %
LLY	eli lilly & co	38.8 %
MU	micron technology inc	38.0 %
AMD	advanced micro devices inc	31.7 %
GOOG	alphabet inc	28.7 %

Top 5 Winners ($)		$
GOOG	alphabet inc	19.3 M
AAPL	apple inc	7.1 M
LLY	eli lilly & co	6.3 M
TMO	thermo fisher scientific inc	5.6 M
GOOG	alphabet inc	5.3 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
NOW	servicenow inc	-75.1 %
XLB	select sector spdr tr	-43.2 %
XLB	select sector spdr tr	-41.6 %
	brookfield corp	-29.3 %

Top 5 Losers ($)		$
NFLX	netflix inc	-15.7 M
	brookfield corp	-12.4 M
MSFT	microsoft corp	-8.1 M
NOW	servicenow inc	-8.1 M
META	meta platforms inc	-5.9 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 264 stocks in it's portfolio. About 37.7% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Smith Salley Wealth Management last quarter.

Last Reported on: 27 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.57	413,982	112,545,000	added	0.92

AAXJ	ishares tr	0.73	154,732	14,733,600	added	2.13

AAXJ	ishares tr	0.61	234,437	12,397,000	added	13.44

AAXJ	ishares tr	0.36	135,196	7,284,380	added	2.13

AAXJ	ishares tr	0.12	21,382	2,357,380	added	1.96

AAXJ	ishares tr	0.01	1,840	202,676	unchanged	0.00

ABBV	abbvie inc	1.78	157,376	35,958,900	reduced	-0.97

ABT	abbott labs	1.16	187,165	23,449,900	reduced	-0.23

ACN	accenture plc ireland	0.73	54,686	14,672,300	reduced	-4.96

ACWF	ishares tr	0.23	106,852	4,580,760	added	2.23

ACWF	ishares tr	0.07	19,174	1,331,250	unchanged	0.00

ACWF	ishares tr	0.00	0.00	0.00	sold off	-100

ADI	analog devices inc	1.47	109,322	29,648,100	reduced	-0.09

ADP	automatic data processing in	0.08	6,596	1,696,580	reduced	-32.62

AEP	american elec pwr co inc	0.17	29,504	3,402,140	added	1.28

AFK	vaneck etf trust	0.01	756	272,212	added	0.27

AFL	aflac inc	0.02	3,935	433,897	reduced	-1.01

AGT	ishares tr	0.00	0.00	0.00	sold off	-100

ALL	allstate corp	0.02	1,857	386,534	reduced	-1.95

AMAT	applied matls inc	0.10	8,222	2,112,910	added	43.27