Institutional Manager · CIK 0002068217
Smith Asset Management Co., LLC
Chiefland, FL · File #028-25616
Latest AUM
$121.1M
Positions
70
Top-10 Concentration
42.5%
Filings
5
Portfolio Value Over Time
2025-03
2025-06
2025-09
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | NUVEEN PFD SECS & INC OPPTY | 67075A106 | -241,976 | -$5.0M | $0 |
| ADD | NUVEEN PFD & INCOME OPPORTUN | NU | +572,972 | +$4.6M | +$31,735 |
| ADD | BERKSHIRE HATHAWAY INC DEL | BRK-A | +2,014 | +$1.0M | +$218,280 |
| EXITED | PHOENIX NEW MEDIA LTD | 71910C202 | -332,777 | -$722,163 | $0 |
| ADD | EQUITABLE HLDGS INC | EQH-PC | +14,588 | +$695,119 | -$569,669 |
| ADD | GUGGENHEIM STRATEGIC OPPORTU | GOF | +52,343 | +$674,178 | -$142,143 |
| ADD | VANGUARD WORLD FD | 92204A603 | +2,143 | +$639,431 | +$91,257 |
| ADD | VANGUARD WORLD FD | 92204A702 | +845 | +$636,946 | +$343,185 |
| ADD | PIMCO CORPORATE & INCM STRG | 72200U100 | +45,042 | +$574,740 | +$12,762 |
| ADD | APPLE INC | AAPL | +2,023 | +$550,007 | +$634,578 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202570 pos · $121.1M
- 13F HOLDINGS REPORTQ/E Sep 202569 pos · $115.8M
- 13F HOLDINGS REPORTQ/E Sep 202567 pos · $117.4M
- 13F HOLDINGS REPORTQ/E Jun 202566 pos · $102.7M
- 13F HOLDINGS REPORTQ/E Mar 202566 pos · $106.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 14,945 | $7.5M | 6.50% |
| 2 | NUVEEN PFD & INCOME OPPORTUN | NU | 926,024 | $7.5M | 6.50% |
| 3 | ARES CAPITAL CORP | ARCC | 315,198 | $6.4M | 5.52% |
| 4 | CALAMOS STRATEGIC TOTAL RETU | CSQ | 223,949 | $4.3M | 3.72% |
| 5 | ALLIANCEBERNSTEIN GLOBAL HIG | AWF | 402,102 | $4.3M | 3.72% |
| 6 | DNP SELECT INCOME FD INC | 23325P104 | 409,725 | $4.1M | 3.54% |
| 7 | SPDR S&P 500 ETF TR | SPY | 5,767 | $3.9M | 3.40% |
| 8 | EQUITABLE HLDGS INC | EQH-PC | 82,004 | $3.9M | 3.38% |
| 9 | COHEN & STEERS TOTAL RETURN | 19247R103 | 333,986 | $3.7M | 3.19% |
| 10 | VANGUARD WORLD FD | 92204A702 | 4,637 | $3.5M | 3.03% |
| 11 | FIRST TR ENHANCED EQUITY INC | 337318109 | 153,668 | $3.4M | 2.93% |
| 12 | BARINGS CORPORATE INVS | 06759X107 | 176,145 | $3.2M | 2.77% |
| 13 | APPLE INC | AAPL | 11,538 | $3.1M | 2.72% |
| 14 | BLACKROCK CR ALLOCATION INCO | BLK | 279,316 | $3.0M | 2.62% |
| 15 | BLACKROCK ENHANCED INTL DIV | BLK | 494,899 | $2.9M | 2.52% |
| 16 | PIMCO CORPORATE & INCM STRG | 72200U100 | 227,754 | $2.9M | 2.52% |
| 17 | REAVES UTIL INCOME FD | 756158101 | 77,007 | $2.8M | 2.44% |
| 18 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 120,236 | $2.7M | 2.33% |
| 19 | COHEN & STEERS SELECT PFD & | 19248Y107 | 132,349 | $2.7M | 2.32% |
| 20 | PIMCO DYNAMIC INCOME FD | 72201Y101 | 148,579 | $2.6M | 2.28% |