# Smith Asset Management Co., LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2068217. Source: https://holderbook.com/funds/2068217-smith-asset-management-co-llc/

- Reported value: $127.1M
- Positions: 70
- Weight of the ten largest: 40.9%
- Filed: 2026-07-14

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 |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.0M | 15,920 | 6.3% | 7 |
| NUVEEN PFD & INCOME OPPORTUN | [JPC](https://holderbook.com/stocks/JPC/) | $7.0M | 890,862 | 5.5% | 7 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $6.5M | 349,766 | 5.1% | 7 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $5.5M | 45,680 | 4.3% | 7 |
| CALAMOS STRATEGIC TOTAL RETU | [CSQ](https://holderbook.com/stocks/CSQ/) | $4.7M | 226,606 | 3.7% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.5M | 6,014 | 3.5% | 7 |
| DNP SELECT INCOME FD INC | [DNP](https://holderbook.com/stocks/DNP/) | $4.3M | 396,153 | 3.4% | 7 |
| ALLIANCEBERNSTEIN GLOBAL HIG | [AWF](https://holderbook.com/stocks/AWF/) | $4.0M | 386,580 | 3.1% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.8M | 13,293 | 3.0% | 7 |
| COHEN & STEERS TOTAL RETURN | [RFI](https://holderbook.com/stocks/RFI/) | $3.8M | 333,654 | 3.0% | 7 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $3.6M | 9,954 | 2.8% | 7 |
| FIRST TR ENHANCED EQUITY | [FFA](https://holderbook.com/stocks/FFA/) | $3.3M | 149,777 | 2.6% | 7 |
| REAVES UTIL INCOME FD | [UTG](https://holderbook.com/stocks/UTG/) | $3.0M | 73,879 | 2.4% | 7 |
| BARINGS CORPORATE INVS | [MCI](https://holderbook.com/stocks/MCI/) | $3.0M | 169,554 | 2.3% | 7 |
| PIMCO CORPORATE & INCM STRG | [PCN](https://holderbook.com/stocks/PCN/) | $2.9M | 242,388 | 2.3% | 7 |
| ANNALY CAPITAL MANAGEMENT IN | [NLY](https://holderbook.com/stocks/NLY/) | $2.8M | 125,746 | 2.2% | 7 |
| BLACKROCK CR ALLOCATION | [BTZ](https://holderbook.com/stocks/BTZ/) | $2.8M | 273,343 | 2.2% | 7 |
| BLACKROCK ENHANCED INTL DIV | [BGY](https://holderbook.com/stocks/BGY/) | $2.7M | 478,458 | 2.2% | 7 |
| PIMCO DYNAMIC INCOME FD | [PDI](https://holderbook.com/stocks/PDI/) | $2.7M | 160,826 | 2.1% | 7 |
| COHEN & STEERS SELECT PFD & | [PSF](https://holderbook.com/stocks/PSF/) | $2.6M | 129,643 | 2.1% | 7 |
| COHEN & STEERS INFRASTRUCTUR | [UTF](https://holderbook.com/stocks/UTF/) | $2.6M | 93,866 | 2.0% | 7 |
| ABRDN HEALTHCARE INVESTORS | [HQH](https://holderbook.com/stocks/HQH/) | $2.5M | 112,724 | 1.9% | 7 |
| FLAHERTY & CRUMRINE TOTAL RE | [FLC](https://holderbook.com/stocks/FLC/) | $2.1M | 124,011 | 1.6% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.0M | 2,747 | 1.6% | 5 |
| PIMCO CORPORATE & INCOME OPP | [PTY](https://holderbook.com/stocks/PTY/) | $2.0M | 167,505 | 1.6% | 7 |
| FLAHERTY & CRUMRINE DYNAMIC | [DFP](https://holderbook.com/stocks/DFP/) | $1.9M | 93,742 | 1.5% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.9M | 5,066 | 1.5% | 3 |
| BLACKROCK DEBT STRATEGIES FD | [DSU](https://holderbook.com/stocks/DSU/) | $1.9M | 194,122 | 1.5% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.7M | 7,097 | 1.3% | 7 |
| GUGGENHEIM STRATEGIC OPPORTU | [GOF](https://holderbook.com/stocks/GOF/) | $1.5M | 140,005 | 1.2% | 6 |
| BLACKROCK UTILS INFRASTRUCTU | [BUI](https://holderbook.com/stocks/BUI/) | $1.5M | 52,521 | 1.2% | 7 |
| ABRDN GLOBAL INFRA INCOME FU | [ASGI](https://holderbook.com/stocks/ASGI/) | $1.3M | 56,489 | 1.0% | 7 |
| SOURCE CAPITAL | [SOR](https://holderbook.com/stocks/SOR/) | $1.3M | 28,062 | 1.0% | 6 |
| FLAHERTY & CRUMRIN PFD & INM | [FFC](https://holderbook.com/stocks/FFC/) | $1.2M | 74,916 | 1.0% | 7 |
| WSTRN AST GLBL CORP OPP FD I | [GDO](https://holderbook.com/stocks/GDO/) | $1.2M | 111,189 | 0.9% | 7 |
| BARINGS PARTN INVS | [MPV](https://holderbook.com/stocks/MPV/) | $1.1M | 68,007 | 0.9% | 7 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $1.1M | 13,001 | 0.9% | 7 |
| NUVEEN AMT FREE MUN CR INC F | [NVG](https://holderbook.com/stocks/NVG/) | $1.1M | 86,848 | 0.9% | 7 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.1M | 5,071 | 0.9% | 7 |
| COHEN & STEERS REIT & PFD & | [RNP](https://holderbook.com/stocks/RNP/) | $920.4K | 45,341 | 0.7% | 7 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $892.4K | 4,654 | 0.7% | 1 |
| COLUMBIA SELIGM PREM TECH GR | [STK](https://holderbook.com/stocks/STK/) | $845.9K | 15,702 | 0.7% | 7 |
| FLAHERTY & CRUMRINE PFD INCO | [PFD](https://holderbook.com/stocks/PFD/) | $845.1K | 72,668 | 0.7% | 7 |
| OMEGA HEALTHCARE INVS INC | [OHI](https://holderbook.com/stocks/OHI/) | $747.0K | 15,667 | 0.6% | 7 |
| SUBURBAN PROPANE PARTNERS L | [SPH](https://holderbook.com/stocks/SPH/) | $708.8K | 41,451 | 0.6% | 7 |
| BLACKROCK HEALTH SCIENCES TR | [BME](https://holderbook.com/stocks/BME/) | $694.9K | 16,179 | 0.5% | 6 |
| BLACKROCK LTD DURATION INCOM | [BLW](https://holderbook.com/stocks/BLW/) | $666.4K | 53,354 | 0.5% | 7 |
| OUTFRONT MEDIA INC | [OUT](https://holderbook.com/stocks/OUT/) | $634.0K | 19,354 | 0.5% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $606.1K | 1,696 | 0.5% | 3 |
| BLACKROCK CORPOR HI YLD FD I | [HYT](https://holderbook.com/stocks/HYT/) | $603.1K | 70,459 | 0.5% | 7 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $600.7K | 4,756 | 0.5% | 7 |
| HEALTHPEAK PROPERTIES INC | [DOC](https://holderbook.com/stocks/DOC/) | $583.0K | 27,243 | 0.5% | 7 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $561.6K | 1,075 | 0.4% | 1 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $527.8K | 1,723 | 0.4% | 7 |
| MORGAN STANLEY EMKT DBT FD I | [MSD](https://holderbook.com/stocks/MSD/) | $518.3K | 71,002 | 0.4% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $503.3K | 4,444 | 0.4% | 7 |
| COHEN & STEERS LTD DURATION | [LDP](https://holderbook.com/stocks/LDP/) | $383.2K | 18,109 | 0.3% | 4 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $331.5K | 2,619 | 0.3% | 7 |
| FLAHERTY & CRUMRINE PFD INCO | [PFO](https://holderbook.com/stocks/PFO/) | $283.8K | 30,718 | 0.2% | 2 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $261.6K | 3,636 | 0.2% | 7 |
| SEVEN HILLS REALTY TRUST | [SEVN](https://holderbook.com/stocks/SEVN/) | $247.2K | 29,326 | 0.2% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $239.4K | 661 | 0.2% | 3 |
| LIBERTY ALL-STAR GROWTH FD I | [ASG](https://holderbook.com/stocks/ASG/) | $220.0K | 40,227 | 0.2% | 7 |
| EATON VANCE TX ADV GLBL DIV | [ETG](https://holderbook.com/stocks/ETG/) | $208.0K | 8,836 | 0.2% | 1 |
| ALLIANCEBERNSTEIN NATL MUN I | [AFB](https://holderbook.com/stocks/AFB/) | $207.7K | 18,203 | 0.2% | 7 |
| DIVERSIFIED HEALTHCARE TR | [DHC](https://holderbook.com/stocks/DHC/) | $207.3K | 22,293 | 0.2% | 7 |
| WESTERN ASSET PREMIER BD FD | [WEA](https://holderbook.com/stocks/WEA/) | $195.6K | 18,367 | 0.2% | 7 |
| PUTNAM MUN OPPORTUNITIES TR | [PMO](https://holderbook.com/stocks/PMO/) | $132.3K | 12,549 | 0.1% | 2 |
| LIBERTY ALL STAR EQUITY FD | [USA](https://holderbook.com/stocks/USA/) | $105.8K | 18,202 | 0.1% | 7 |
| SERVICE PPTYS TR | [SVC](https://holderbook.com/stocks/SVC/) | $30.1K | 17,802 | 0.0% | 7 |

## 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 | +7.1% | +14.8% | -7.8% | 100% |
| Q1 2026 | -4.7% | -4.6% | -0.0% | 100% |
| Q4 2025 | -2.2% | +2.4% | -4.5% | 102% |
| Q3 2025 | +2.9% | +7.8% | -4.9% | 96% |
| Q2 2025 | +1.3% | +10.5% | -9.1% | 100% |
| Q1 2025 | +2.6% | -4.6% | +7.2% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $127.1M | 70 |
| Q1 2026 | $116.5M | 71 |
| Q4 2025 | $121.1M | 70 |
| Q3 2025 | $117.4M | 67 |
| Q2 2025 | $115.8M | 69 |
| Q1 2025 | $106.1M | 66 |
| Q4 2024 | $102.7M | 66 |