Institutional
Smith Asset Management Co., LLC
CIK 0002068217
$116.5M
Reported AUM
71
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Smith Asset Management Co., LLC · Q1 2026
AI · grounded in 13F
Smith Asset Management Co., LLC closed its position in EQH, reducing its exposure by $3,907,497. The fund increased its stake in MSFT by 211.78% and established a new position in PFO worth $287,635. Other notable activity includes increasing shares of QQQ by 39.71% and trimming its holding in PFD by 30.07%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $7.4M | 6.39% | +598 | +4.0% |
| 2 | JPC | NUVEEN PFD & INCOME OPPORTUN | $6.9M | 5.90% | -14,620 | -1.6% |
| 3 | ARCC | ARES CAPITAL CORP | $6.2M | 5.32% | +29,081 | +9.2% |
| 4 | DNP | DNP SELECT INCOME FD INC | $4.1M | 3.55% | -7,794 | -1.9% |
| 5 | XAWFX | ALLIANCEBERNSTEIN GLOBAL HIG | $4.0M | 3.44% | -8,005 | -2.0% |
| 6 | CSQ | CALAMOS STRATEGIC TOTAL RETU | $3.9M | 3.38% | +5,907 | +2.6% |
| 7 | SPY | STATE STR SPDR S&P 500 ETF T | $3.9M | 3.34% | +214 | +3.7% |
| 8 | RFI | COHEN & STEERS TOTAL RETURN | $3.8M | 3.25% | +5,645 | +1.7% |
| 9 | VGT | VANGUARD WORLD FD | $3.4M | 2.92% | +246 | +5.3% |
| 10 | AAPL | APPLE INC | $3.2M | 2.76% | +1,127 | +9.8% |
| 11 | FFA | FIRST TR ENHANCED EQUITY | $3.1M | 2.68% | -426 | -0.3% |
| 12 | MCI | BARINGS CORPORATE INVS | $3.0M | 2.56% | -3,224 | -1.8% |
| 13 | UTG | REAVES UTIL INCOME FD | $3.0M | 2.54% | -1,627 | -2.1% |
| 14 | PCN | PIMCO CORPORATE & INCM STRG | $2.9M | 2.50% | +16,686 | +7.3% |
| 15 | BTZ | BLACKROCK CR ALLOCATION | $2.8M | 2.39% | -3,028 | -1.1% |
| 16 | PDI | PIMCO DYNAMIC INCOME FD | $2.8M | 2.39% | +13,913 | +9.4% |
| 17 | NLY | ANNALY CAPITAL MANAGEMENT IN | $2.7M | 2.29% | +5,773 | +4.8% |
| 18 | XBGYX | BLACKROCK ENHANCED INTL DIV | $2.6M | 2.24% | -13,019 | -2.6% |
| 19 | PSF | COHEN & STEERS SELECT PFD & | $2.5M | 2.17% | -1,789 | -1.4% |
| 20 | VIS | VANGUARD WORLD FD | $2.5M | 2.12% | +778 | +10.9% |
| 21 | UTF | COHEN & STEERS INFRASTRUCTUR | $2.5M | 2.11% | -1,822 | -1.9% |
| 22 | FLC | FLAHERTY & CRUMRINE TOTAL RE | $2.1M | 1.80% | -1,520 | -1.2% |
| 23 | HQH | ABRDN HEALTHCARE INVESTORS | $2.1M | 1.76% | -1,799 | -1.5% |
| 24 | PTY | PIMCO CORPORATE & INCOME OPP | $2.0M | 1.71% | +2,821 | +1.7% |
| 25 | DSU | BLACKROCK DEBT STRATEGIES FD | $1.9M | 1.64% | +16,566 | +9.1% |
| 26 | DFP | FLAHERTY & CRUMRINE DYNAMIC | $1.9M | 1.64% | -1,817 | -1.9% |
| 27 | GOF | GUGGENHEIM STRATEGIC OPPORTU | $1.5M | 1.31% | +15,921 | +12.9% |
| 28 | BUI | BLACKROCK UTILS INFRASTRUCTU | $1.4M | 1.21% | +73 | +0.1% |
| 29 | AMZN | AMAZON COM INC | $1.4M | 1.16% | +876 | +15.6% |
| 30 | ASGI | ABRDN GLOBAL INFRA INCOME FU | $1.3M | 1.13% | -995 | -1.7% |
| 31 | XSORX | SOURCE CAPITAL | $1.3M | 1.12% | -119 | -0.4% |
| 32 | GDO | WSTRN AST GLBL CORP OPP FD I | $1.2M | 1.04% | -3,003 | -2.6% |
| 33 | XFFCX | FLAHERTY & CRUMRIN PFD & INM | $1.2M | 1.02% | +2,965 | +4.0% |
| 34 | MPV | BARINGS PARTN INVS | $1.2M | 1.01% | -1,713 | -2.4% |
| 35 | NVG | NUVEEN AMT FREE MUN CR INC F | $1.1M | 0.93% | -2,559 | -2.8% |
| 36 | QQQ | INVESCO QQQ TR | $1.1M | 0.92% | +529 | +39.7% |
| 37 | MSFT | MICROSOFT CORP | $999K | 0.86% | +1,834 | +211.8% |
| 38 | VTV | VANGUARD INDEX FDS | $999K | 0.86% | +391 | +8.3% |
| 39 | SPYM | SPDR SERIES TRUST | $903K | 0.78% | +818 | +7.4% |
| 40 | XRNPX | COHEN & STEERS REIT & PFD & | $893K | 0.77% | +9,642 | +27.1% |
| 41 | VB | VANGUARD INDEX FDS | $853K | 0.73% | +146 | +4.7% |
| 42 | PFD | FLAHERTY & CRUMRINE PFD INCO | $828K | 0.71% | -31,853 | -30.1% |
| 43 | SPH | SUBURBAN PROPANE PARTNERS L | $827K | 0.71% | -304 | -0.7% |
| 44 | OHI | OMEGA HEALTHCARE INVS INC | $723K | 0.62% | -150 | -0.9% |
| 45 | BLW | BLACKROCK LTD DURATION INCOM | $693K | 0.59% | +571 | +1.0% |
| 46 | XBMEX | BLACKROCK HEALTH SCIENCES TR | $637K | 0.55% | +3,644 | +28.3% |
| 47 | VDE | VANGUARD WORLD FD | $623K | 0.53% | +482 | +15.4% |
| 48 | STK | COLUMBIA SELIGM PREM TECH GR | $610K | 0.52% | — | HELD |
| 49 | XLV | SELECT SECTOR SPDR TR | $607K | 0.52% | +171 | +4.3% |
| 50 | HYT | BLACKROCK CORPOR HI YLD FD I | $603K | 0.52% | +5,382 | +8.2% |
| 51 | WMT | WALMART INC | $554K | 0.48% | +10 | +0.2% |
| 52 | VOT | VANGUARD INDEX FDS | $512K | 0.44% | -2 | -0.1% |
| 53 | MSD | MORGAN STANLEY EMKT DBT FD I | $505K | 0.43% | +4,621 | +6.9% |
| 54 | IRM | IRON MTN INC DEL | $486K | 0.42% | -165 | -3.4% |
| 55 | GOOGL | ALPHABET INC | $454K | 0.39% | +560 | +54.9% |
| 56 | DOC | HEALTHPEAK PROPERTIES INC | $450K | 0.39% | -50 | -0.2% |
| 57 | LDP | COHEN & STEERS LTD DURATION | $380K | 0.33% | +7,231 | +61.4% |
| 58 | DUK | DUKE ENERGY CORP NEW | $348K | 0.30% | -49 | -1.8% |
| 59 | PFO | FLAHERTY & CRUMRINE PFD INCO | $288K | 0.25% | +31,818 | NEW |
| 60 | SEVN | SEVEN HILLS REALTY TRUST | $263K | 0.23% | -540 | -1.7% |
| 61 | MO | ALTRIA GROUP INC | $247K | 0.21% | -135 | -3.5% |
| 62 | XLF | SELECT SECTOR SPDR TR | $234K | 0.20% | -327 | -6.5% |
| 63 | AMGN | AMGEN INC | $233K | 0.20% | — | HELD |
| 64 | ASG | LIBERTY ALL-STAR GROWTH FD I | $197K | 0.17% | -500 | -1.2% |
| 65 | AFB | ALLIANCEBERNSTEIN NATL MUN I | $195K | 0.17% | — | HELD |
| 66 | WEA | WESTERN ASSET PREMIER BD FD | $194K | 0.17% | +3,404 | +22.7% |
| 67 | DHC | DIVERSIFIED HEALTHCARE TR | $148K | 0.13% | — | HELD |
| 68 | PMO | PUTNAM MUN OPPORTUNITIES TR | $142K | 0.12% | +13,742 | NEW |
| 69 | USA | LIBERTY ALL STAR EQUITY FD | $103K | 0.09% | -99 | -0.5% |
| 70 | SVC | SERVICE PPTYS TR | $24K | 0.02% | -350 | -1.9% |
| 71 | BUI-R | BLACKROCK UTILS INFRASTRUCTU | $426 | 0.00% | +53,294 | NEW |
| 72 | EQH | EQUITABLE HLDGS INC | — | — | -82,004 | EXITED |
| 73 | ETG | EATON VANCE TX ADV GLBL DIV | — | — | -8,928 | EXITED |
Source: SEC EDGAR · accession 0001172661-26-001992. 13F discloses long positions only — shorts, foreign equities, and options are excluded.