Smith Asset Management Co., LLC
Reported holdings as of Q2 2026, from 7 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRKB | $8.0M | 15,920 | -0.12pp | 7q | +2.4%+$188.6K | |
| NUVEEN PFD & INCOME OPPORTUN | JPC | $7.0M | 890,862 | -0.37pp | 7q | -2.3%-$161.9K | |
| ARES CAPITAL CORP | ARCC | $6.5M | 349,766 | -0.22pp | 7q | +1.6%+$101.7K | |
| VANGUARD WORLD FD | VGT | $5.5M | 45,680 | +1.37pp | 7q | +835.5%+$4.9M | |
| CALAMOS STRATEGIC TOTAL RETU | CSQ | $4.7M | 226,606 | +0.29pp | 7q | -1.4%-$66.8K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $4.5M | 6,014 | +0.20pp | 7q | +0.6%+$24.6K | |
| DNP SELECT INCOME FD INC | DNP | $4.3M | 396,153 | -0.19pp | 7q | -1.4%-$62.3K | |
| ALLIANCEBERNSTEIN GLOBAL HIG | AWF | $4.0M | 386,580 | -0.31pp | 7q | -1.9%-$77.4K | |
| APPLE INC | AAPL | $3.8M | 13,293 | +0.27pp | 7q | +5.0%+$181.7K | |
| COHEN & STEERS TOTAL RETURN | RFI | $3.8M | 333,654 | -0.28pp | 7q | -1.8%-$67.7K | |
| VANGUARD WORLD FD | VIS | $3.6M | 9,954 | +0.70pp | 7q | +25.9%+$738.4K | |
| FIRST TR ENHANCED EQUITY | FFA | $3.3M | 149,777 | -0.05pp | 7q | -2.3%-$77.5K | |
| REAVES UTIL INCOME FD | UTG | $3.0M | 73,879 | -0.17pp | 7q | -2.0%-$61.1K | |
| BARINGS CORPORATE INVS | MCI | $3.0M | 169,554 | -0.22pp | 7q | -1.9%-$59.1K | |
| PIMCO CORPORATE & INCM STRG | PCN | $2.9M | 242,388 | -0.22pp | 7q | -0.8%-$24.5K | |
| ANNALY CAPITAL MANAGEMENT IN | NLY | $2.8M | 125,746 | -0.08pp | 7q | HELD | |
| BLACKROCK CR ALLOCATION | BTZ | $2.8M | 273,343 | -0.20pp | 7q | -1.1%-$30.1K | |
| BLACKROCK ENHANCED INTL DIV | BGY | $2.7M | 478,458 | -0.08pp | 7q | -0.7%-$19.6K | |
| PIMCO DYNAMIC INCOME FD | PDI | $2.7M | 160,826 | -0.27pp | 7q | -1.0%-$27.8K | |
| COHEN & STEERS SELECT PFD & | PSF | $2.6M | 129,643 | -0.12pp | 7q | -0.7%-$18.5K | |
| COHEN & STEERS INFRASTRUCTUR | UTF | $2.6M | 93,866 | -0.07pp | 7q | -1.1%-$28.0K | |
| ABRDN HEALTHCARE INVESTORS | HQH | $2.5M | 112,724 | +0.19pp | 7q | -2.2%-$55.8K | |
| FLAHERTY & CRUMRINE TOTAL RE | FLC | $2.1M | 124,011 | -0.15pp | 7q | -1.7%-$35.8K | |
| INVESCO QQQ TR | QQQ | $2.0M | 2,747 | +0.67pp | 5q | +47.6%+$652.5K | |
| PIMCO CORPORATE & INCOME OPP | PTY | $2.0M | 167,505 | -0.12pp | 7q | +1.4%+$27.7K | |
| FLAHERTY & CRUMRINE DYNAMIC | DFP | $1.9M | 93,742 | -0.11pp | 7q | -1.4%-$27.4K | |
| MICROSOFT CORP | MSFT | $1.9M | 5,066 | +0.63pp | 3q | +87.6%+$882.6K | |
| BLACKROCK DEBT STRATEGIES FD | DSU | $1.9M | 194,122 | -0.16pp | 7q | -2.7%-$52.5K | |
| AMAZON COM INC | AMZN | $1.7M | 7,097 | +0.17pp | 7q | +9.3%+$143.7K | |
| GUGGENHEIM STRATEGIC OPPORTU | GOF | $1.5M | 140,005 | -0.11pp | 6q | +0.7%+$11.2K | |
| BLACKROCK UTILS INFRASTRUCTU | BUI | $1.5M | 52,521 | -0.01pp | 7q | -1.5%-$23.6K | |
| ABRDN GLOBAL INFRA INCOME FU | ASGI | $1.3M | 56,489 | -0.09pp | 7q | -3.7%-$50.3K | |
| SOURCE CAPITAL | SOR | $1.3M | 28,062 | -0.11pp | 6q | -0.6%-$7.5K | |
| FLAHERTY & CRUMRIN PFD & INM | FFC | $1.2M | 74,916 | -0.06pp | 7q | -2.5%-$31.5K | |
| WSTRN AST GLBL CORP OPP FD I | GDO | $1.2M | 111,189 | -0.10pp | 7q | -1.3%-$15.8K | |
| BARINGS PARTN INVS | MPV | $1.1M | 68,007 | -0.11pp | 7q | -0.9%-$10.2K | |
| SPDR SERIES TRUST | SPYM | $1.1M | 13,001 | +0.12pp | 7q | +10.2%+$105.5K | |
| NUVEEN AMT FREE MUN CR INC F | NVG | $1.1M | 86,848 | -0.05pp | 7q | -1.0%-$11.2K | |
| VANGUARD INDEX FDS | VTV | $1.1M | 5,071 | +0.01pp | 7q | HELD | |
| COHEN & STEERS REIT & PFD & | RNP | $920.4K | 45,341 | -0.04pp | 7q | HELD | |
| FIRST TR EXCHANGE TRADED FD | GRID | $892.4K | 4,654 | - | new | NEW | |
| COLUMBIA SELIGM PREM TECH GR | STK | $845.9K | 15,702 | +0.14pp | 7q | -2.3%-$19.8K | |
| FLAHERTY & CRUMRINE PFD INCO | PFD | $845.1K | 72,668 | -0.05pp | 7q | -1.9%-$16.2K | |
| OMEGA HEALTHCARE INVS INC | OHI | $747.0K | 15,667 | -0.03pp | 7q | -5.1%-$39.8K | |
| SUBURBAN PROPANE PARTNERS L | SPH | $708.8K | 41,451 | -0.15pp | 7q | -1.3%-$9.7K | |
| BLACKROCK HEALTH SCIENCES TR | BME | $694.9K | 16,179 | flat | 6q | -2.1%-$15.0K | |
| BLACKROCK LTD DURATION INCOM | BLW | $666.4K | 53,354 | -0.07pp | 7q | -3.1%-$21.4K | |
| OUTFRONT MEDIA INC | OUT | $634.0K | 19,354 | - | new | NEW | |
| ALPHABET INC | GOOGL | $606.1K | 1,696 | +0.09pp | 3q | +7.3%+$41.5K | |
| BLACKROCK CORPOR HI YLD FD I | HYT | $603.1K | 70,459 | -0.04pp | 7q | HELD | |
| IRON MTN INC DEL | IRM | $600.7K | 4,756 | +0.06pp | 7q | HELD | |
| HEALTHPEAK PROPERTIES INC | DOC | $583.0K | 27,243 | +0.07pp | 7q | -0.5%-$3.2K | |
| STATE STR SPDR DOW JONES IND | DIA | $561.6K | 1,075 | - | new | NEW | |
| VANGUARD INDEX FDS | VOT | $527.8K | 1,723 | -0.02pp | 7q | -13.5%-$82.1K | |
| MORGAN STANLEY EMKT DBT FD I | MSD | $518.3K | 71,002 | -0.03pp | 7q | -1.3%-$6.9K | |
| WALMART INC | WMT | $503.3K | 4,444 | -0.08pp | 7q | HELD | |
| COHEN & STEERS LTD DURATION | LDP | $383.2K | 18,109 | -0.02pp | 4q | -4.8%-$19.2K | |
| DUKE ENERGY CORP NEW | DUK | $331.5K | 2,619 | -0.04pp | 7q | -1.3%-$4.4K | |
| FLAHERTY & CRUMRINE PFD INCO | PFO | $283.8K | 30,718 | -0.02pp | 2q | -3.5%-$10.2K | |
| ALTRIA GROUP INC | MO | $261.6K | 3,636 | -0.01pp | 7q | -2.7%-$7.2K | |
| SEVEN HILLS REALTY TRUST | SEVN | $247.2K | 29,326 | -0.03pp | 5q | -8.5%-$23.0K | |
| AMGEN INC | AMGN | $239.4K | 661 | -0.01pp | 3q | HELD | |
| LIBERTY ALL-STAR GROWTH FD I | ASG | $220.0K | 40,227 | flat | 7q | -2.8%-$6.3K | |
| EATON VANCE TX ADV GLBL DIV | ETG | $208.0K | 8,836 | - | new | NEW | |
| ALLIANCEBERNSTEIN NATL MUN I | AFB | $207.7K | 18,203 | flat | 7q | HELD | |
| DIVERSIFIED HEALTHCARE TR | DHC | $207.3K | 22,293 | +0.04pp | 7q | HELD | |
| WESTERN ASSET PREMIER BD FD | WEA | $195.6K | 18,367 | -0.01pp | 7q | HELD | |
| PUTNAM MUN OPPORTUNITIES TR | PMO | $132.3K | 12,549 | -0.02pp | 2q | -8.7%-$12.6K | |
| LIBERTY ALL STAR EQUITY FD | USA | $105.8K | 18,202 | -0.01pp | 7q | -1.9%-$2.0K | |
| SERVICE PPTYS TR | SVC | $30.1K | 17,802 | flat | 7q | -0.6% |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Funds & ETFs | $83.1M | 65.4% |
| Insurance | $8.0M | 6.3% |
| Real Estate | $5.9M | 4.6% |
| Computer Hardware | $3.8M | 3.0% |
| Retail & Consumer | $2.9M | 2.3% |
| Software & IT Services | $2.5M | 2.0% |
| Other sectors | $832.5K | 0.7% |
| Not classified | $20.1M | 15.8% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $127.1M | 70 | 4 | 13 | 43 | 5 | 40.9% | 14 |
| Q1 2026 | $116.5M | 71 | 3 | 31 | 27 | 2 | 40.2% | 45 |
| Q4 2025 | $121.1M | 70 | 4 | 28 | 28 | 1 | 40.5% | 50 |
| Q3 2025 | $117.4M | 67 | 2 | 28 | 22 | 4 | 41.9% | 34 |
| Q2 2025 | $115.8M | 69 | 5 | 25 | 24 | 2 | 39.8% | 126 |
| Q1 2025 | $106.1M | 66 | 5 | 23 | 24 | 5 | 43.6% | 49 |
| Q4 2024 | $102.7M | 66 | 0 | 0 | 0 | 0 | 42.8% | 197 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.