# Smith Salley Wealth Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1482012. Source: https://holderbook.com/funds/1482012-smith-salley-wealth-management/

- Reported value: $2.3B
- Positions: 275
- Weight of the ten largest: 34.9%
- Filed: 2026-07-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $155.7M | 778,282 | 6.8% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $119.2M | 412,027 | 5.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $98.1M | 277,743 | 4.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $90.9M | 243,743 | 4.0% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $63.4M | 266,045 | 2.8% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $61.5M | 162,684 | 2.7% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $56.8M | 49,183 | 2.5% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $53.2M | 162,429 | 2.3% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $53.1M | 26,703 | 2.3% | 17 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $50.9M | 101,635 | 2.2% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $45.5M | 80,744 | 2.0% | 23 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $42.2M | 278,620 | 1.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $41.3M | 120,349 | 1.8% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $40.8M | 102,631 | 1.8% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $40.6M | 214,007 | 1.8% | 25 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $40.0M | 159,074 | 1.7% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $39.5M | 223,966 | 1.7% | 3 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $34.5M | 203,226 | 1.5% | 7 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $32.0M | 364,690 | 1.4% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $31.8M | 106,712 | 1.4% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $30.8M | 86,221 | 1.3% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $29.5M | 58,868 | 1.3% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $29.5M | 133,706 | 1.3% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $28.8M | 49,596 | 1.3% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $28.5M | 23,731 | 1.2% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $28.4M | 54,640 | 1.2% | 14 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $27.6M | 648,145 | 1.2% | 15 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $26.7M | 110,491 | 1.2% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $25.9M | 50,371 | 1.1% | 31 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $25.2M | 33,248 | 1.1% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $24.2M | 165,153 | 1.1% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $21.5M | 129,777 | 0.9% | 31 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $21.2M | 26,726 | 0.9% | 10 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $20.6M | 387,811 | 0.9% | 9 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $20.1M | 73,828 | 0.9% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $19.9M | 80,906 | 0.9% | 31 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $19.8M | 70,573 | 0.9% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $19.1M | 17,889 | 0.8% | 31 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $17.9M | 9,151 | 0.8% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $17.0M | 125,785 | 0.7% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $17.0M | 187,213 | 0.7% | 31 |
| SPDR SERIES TRUST | [SPHY](https://holderbook.com/stocks/SPHY/) | $16.8M | 715,925 | 0.7% | 2 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $16.4M | 23,045 | 0.7% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $16.0M | 63,130 | 0.7% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $15.9M | 135,028 | 0.7% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $15.8M | 38,904 | 0.7% | 27 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $15.4M | 39,707 | 0.7% | 13 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $15.3M | 54,255 | 0.7% | 25 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $12.9M | 45,191 | 0.6% | 31 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $12.9M | 245,485 | 0.6% | 8 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $12.7M | 162,575 | 0.6% | 31 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $12.2M | 9,148 | 0.5% | 10 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $11.8M | 128,961 | 0.5% | 8 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $11.6M | 61,200 | 0.5% | 2 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $11.6M | 119,957 | 0.5% | 31 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $11.1M | 32,879 | 0.5% | 25 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $10.9M | 115,609 | 0.5% | 10 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $10.7M | 21,033 | 0.5% | 13 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $10.0M | 88,401 | 0.4% | 16 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $9.4M | 79,697 | 0.4% | 28 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $9.2M | 162,266 | 0.4% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $7.6M | 17,907 | 0.3% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $7.6M | 21,622 | 0.3% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $7.5M | 59,147 | 0.3% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $7.5M | 91,728 | 0.3% | 31 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $7.3M | 171,419 | 0.3% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $7.1M | 17,096 | 0.3% | 24 |
| FIRST BANCORP N C | [FBNC](https://holderbook.com/stocks/FBNC/) | $7.1M | 110,644 | 0.3% | 9 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $7.0M | 18,805 | 0.3% | 19 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $6.4M | 30,845 | 0.3% | 12 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $6.0M | 8,330 | 0.3% | 10 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $6.0M | 50,353 | 0.3% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $6.0M | 17,792 | 0.3% | 6 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $5.9M | 71,358 | 0.3% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $5.8M | 45,198 | 0.3% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $5.6M | 18,743 | 0.2% | 23 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $5.1M | 11,164 | 0.2% | 31 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $5.0M | 112,311 | 0.2% | 15 |
| FIDELITY COVINGTON TRUST | [FNCL](https://holderbook.com/stocks/FNCL/) | $4.5M | 59,305 | 0.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.5M | 6,075 | 0.2% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $4.4M | 13,053 | 0.2% | 31 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $4.4M | 42,808 | 0.2% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $4.3M | 4,470 | 0.2% | 7 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $4.3M | 31,251 | 0.2% | 14 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $4.2M | 58,409 | 0.2% | 14 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $4.1M | 12,176 | 0.2% | 18 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $4.1M | 11,307 | 0.2% | 31 |
| FIDELITY COVINGTON TRUST | [FCOM](https://holderbook.com/stocks/FCOM/) | $4.0M | 57,756 | 0.2% | 31 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $3.9M | 21,484 | 0.2% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.8M | 5,152 | 0.2% | 17 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.8M | 9,008 | 0.2% | 19 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $3.5M | 13,108 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $3.5M | 40,089 | 0.2% | 29 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $3.4M | 24,395 | 0.1% | 1 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $3.4M | 8,480 | 0.1% | 31 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $3.3M | 43,256 | 0.1% | 31 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $3.3M | 158,663 | 0.1% | 31 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $3.2M | 59,300 | 0.1% | 14 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $3.2M | 1,887 | 0.1% | 12 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $3.1M | 30,900 | 0.1% | 6 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.5% | +14.8% | -0.3% | 100% |
| Q1 2026 | -3.5% | -4.6% | +1.1% | 100% |
| Q4 2025 | +2.7% | +2.4% | +0.4% | 100% |
| Q3 2025 | +8.2% | +7.8% | +0.3% | 100% |
| Q2 2025 | +8.3% | +10.5% | -2.2% | 100% |
| Q1 2025 | -3.2% | -4.6% | +1.3% | 100% |
| Q4 2024 | +0.2% | +2.1% | -2.0% | 100% |
| Q3 2024 | +5.0% | +5.4% | -0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.3B | 275 |
| Q1 2026 | $2.0B | 267 |
| Q4 2025 | $2.0B | 264 |
| Q3 2025 | $1.9B | 263 |
| Q2 2025 | $1.7B | 255 |
| Q1 2025 | $1.5B | 244 |
| Q4 2024 | $1.6B | 245 |
| Q3 2024 | $1.5B | 235 |
| Q2 2024 | $1.4B | 225 |
| Q1 2024 | $1.3B | 222 |
| Q4 2023 | $1.5B | 242 |
| Q3 2023 | $1.3B | 229 |