Sheets Smith Investment Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed June 12, 2025), Sheets Smith Investment Management reported 42 stock positions worth $100.3 million. Its top holding was Goldman Sachs Access Treasur (GBIL) at 34.1% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 10.8%) and Invesco S&P 500 Equal Weight (RSP, 6.1%). Compared with Q4 2024, it opened 8 new positions, sold out of 23, added to 11 and reduced 20. The biggest buy was Goldman Sachs Access Treasur (GBIL, shares +348%) and the biggest sale an exit from SS SPDR S&P 500 ESG ETF (EFIV).
- Most Recent 13F
- Q3 2025
- Location
- HOUSTON, TX
- CIK
- 0001785199
- Portfolio Value
- $100.3M (Q1 2025)
- SEC Filing
- 0001785199-25-000008 ↗ filed Jun 12, 2025
Holdings Value
Holdings 42 stocks · $100.3M
| GBIL Goldman Sachs Access Treasur | 34.06% | 341,069 | $34.2M | Add +348.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 10.79% | 137,099 | $10.8M | Add +1.5% |
| RSP Invesco S&P 500 Equal Weight | 6.11% | 35,387 | $6.1M | Reduce -0.1% |
| VCIT Vanguard Int-Term Corporate | 4.46% | 54,677 | $4.5M | Reduce -1.2% |
| NVDA Nvidia Corp. | 2.43% | 22,467 | $2.4M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 2.35% | 12,375 | $2.4M | Add +3.0% |
| PLMR Palomar Holdings Inc. | 2.11% | 15,408 | $2.1M | Reduce -0.1% |
| TMUS T-Mobile US Inc. | 2.01% | 7,566 | $2.0M | Reduce -0.1% |
| HWM Howmet Aerospace Inc. | 1.97% | 15,206 | $2.0M | Reduce -0.2% |
| CRS Carpenter Technology | 1.88% | 10,422 | $1.9M | Reduce -0.2% |
| EXLS Exlservice Holdings Inc. | 1.71% | 36,382 | $1.7M | Add +0.1% |
| USFD US Foods Holding Corp. | 1.64% | 25,129 | $1.6M | Add +23.3% |
| FISV Fiserv Inc. | 1.54% | 6,979 | $1.5M | Add +0.1% |
| APP AppLovin Corp. Class A | 1.48% | 5,596 | $1.5M | Reduce -44.5% |
| AVPT Avepoint Inc. | 1.47% | 102,007 | $1.5M | Reduce -0.3% |
| WTW Willis Towers Watson PLC | 1.41% | 4,188 | $1.4M | Reduce -0.4% |
| SYK Stryker Corp. | 1.39% | 3,740 | $1.4M | Add +0.4% |
| GEV GE Vernova Inc. | 1.36% | 4,483 | $1.4M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 1.32% | 2,306 | $1.3M | Reduce -48.5% |
| MELI MercadoLibre Inc. | 1.32% | 677 | $1.3M | New |
| PLTR Palantir Technologies Inc. Class A | 1.25% | 14,889 | $1.3M | Reduce -50.0% |
| TBBK The Bancorp Inc. | 1.25% | 23,689 | $1.3M | Reduce -0.4% |
| PODD Insulet Corp. | 1.21% | 4,641 | $1.2M | Add +48.2% |
| GOOG Alphabet Inc. Class C | 1.21% | 7,760 | $1.2M | Add +1.6% |
| FTNT Fortinet Inc. | 1.13% | 11,816 | $1.1M | Reduce -25.3% |
| TOST Toast Inc. Class A | 1.09% | 32,928 | $1.1M | Reduce -24.3% |
| ALL Allstate Corp. | 1.07% | 5,169 | $1.1M | Reduce -39.9% |
| SE Sea Ltd.-ADR | 1.05% | 8,067 | $1.1M | New |
| NFLX Netflix Inc. | 1.04% | 1,120 | $1.0M | Reduce -22.8% |
| NTNX Nutanix Inc. Class A | 0.98% | 14,054 | $981K | New |
| ADP Automatic Data Processing | 0.96% | 3,158 | $965K | Reduce -27.4% |
| GE General Electric filed as GE AEROSPACE | 0.95% | 4,784 | $958K | New |
| GTLS Chart Industries Inc. | 0.87% | 6,032 | $871K | Add +0.1% |
| SKWD Skyward Specialty Insurance | 0.85% | 16,092 | $852K | Add +0.0% |
| PEN Penumbra Inc. | 0.77% | 2,889 | $773K | New |
| PSQ Proshares Short QQQ | 0.44% | 10,943 | $445K | New |
| XMTR Xometry Inc. Class A | 0.35% | 13,924 | $347K | New |
| IWV iShares Russell 3000 ETF | 0.33% | 1,044 | $332K | Reduce -93.8% |
| SH Proshares Short S&P500 | 0.30% | 6,657 | $297K | New |
| ARDX Ardelyx Inc. | 0.06% | 11,393 | $56K | No change |
| MREO Mereo Biopharma Group PL-ADR | 0.04% | 16,890 | $38K | No change |
| VERU Veru Inc. | 0.01% | 22,338 | $11K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| EFIV SS SPDR S&P 500 ESG ETF | Sold out | 0.00% | −5.45 |
| IWV iShares Russell 3000 ETF | Reduce -93.8% | 0.33% | −4.45 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −3.08 |
| AAPL Apple Inc. | Sold out | 0.00% | −2.11 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −2.01 |
| VERX Vertex Inc. Class A | Sold out | 0.00% | −1.60 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −1.51 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −1.34 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.29 |
| APP AppLovin Corp. Class A | Reduce -44.5% | 1.48% | −1.29 |
| BVS Bioventus Inc. Class A | Sold out | 0.00% | −1.27 |
| ROAD Construction Partners Inc. Class A | Sold out | 0.00% | −1.25 |
| FTI Technipfmc PLC | Sold out | 0.00% | −1.22 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −1.15 |
| TMHC Taylor Morrison Home Corp. | Sold out | 0.00% | −1.13 |
| KGS Kodiak Gas Services Inc. | Sold out | 0.00% | −1.12 |
| MCY Mercury General Corp. | Sold out | 0.00% | −1.09 |
| ACA Arcosa Inc. | Sold out | 0.00% | −1.07 |
| OII Oceaneering Intl Inc. | Sold out | 0.00% | −1.05 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.96 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.92 |
| META Meta Platforms Inc. Class A | Reduce -48.5% | 1.32% | −0.90 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.89 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.79 |
| BURL Burlington Stores Inc. | Sold out | 0.00% | −0.77 |
| DSGX The Descartes Systems Grp | Sold out | 0.00% | −0.72 |
| PLTR Palantir Technologies Inc. Class A | Reduce -50.0% | 1.25% | −0.66 |
| ALL Allstate Corp. | Reduce -39.9% | 1.07% | −0.34 |
| TOST Toast Inc. Class A | Reduce -24.3% | 1.09% | −0.25 |
| NVDA Nvidia Corp. | Reduce -0.2% | 2.43% | −0.13 |
| FTNT Fortinet Inc. | Reduce -25.3% | 1.13% | −0.13 |
| ADP Automatic Data Processing | Reduce -27.4% | 0.96% | −0.12 |
| NFLX Netflix Inc. | Reduce -22.8% | 1.04% | −0.06 |
| AVPT Avepoint Inc. | Reduce -0.3% | 1.47% | +0.04 |
| GEV GE Vernova Inc. | Reduce -0.2% | 1.36% | +0.11 |
| TBBK The Bancorp Inc. | Reduce -0.4% | 1.25% | +0.19 |
| WTW Willis Towers Watson PLC | Reduce -0.4% | 1.41% | +0.29 |
| CRS Carpenter Technology | Reduce -0.2% | 1.88% | +0.38 |
| HWM Howmet Aerospace Inc. | Reduce -0.2% | 1.97% | +0.55 |
| TMUS T-Mobile US Inc. | Reduce -0.1% | 2.01% | +0.59 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.2% | 4.46% | +0.69 |
| PLMR Palomar Holdings Inc. | Reduce -0.1% | 2.11% | +0.73 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.1% | 6.11% | +0.85 |
Portfolio Buys Q4 2024 → Q1 2025
| GBIL Goldman Sachs Access Treasur | Add +348.2% | 34.06% | +27.62 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +1.5% | 10.79% | +1.86 |
| MELI MercadoLibre Inc. | New | 1.32% | +1.32 |
| SE Sea Ltd.-ADR | New | 1.05% | +1.05 |
| NTNX Nutanix Inc. Class A | New | 0.98% | +0.98 |
| GE General Electric | New | 0.95% | +0.95 |
| PEN Penumbra Inc. | New | 0.77% | +0.77 |
| PODD Insulet Corp. | Add +48.2% | 1.21% | +0.52 |
| USFD US Foods Holding Corp. | Add +23.3% | 1.64% | +0.47 |
| PSQ Proshares Short QQQ | New | 0.44% | +0.44 |
| XMTR Xometry Inc. Class A | New | 0.35% | +0.35 |
| EXLS Exlservice Holdings Inc. | Add +0.1% | 1.71% | +0.34 |
| FISV Fiserv Inc. | Add +0.1% | 1.54% | +0.32 |
| SH Proshares Short S&P500 | New | 0.30% | +0.30 |
| SYK Stryker Corp. | Add +0.4% | 1.39% | +0.25 |
| SKWD Skyward Specialty Insurance | Add +0.0% | 0.85% | +0.16 |
| AMZN Amazon.com Inc. | Add +3.0% | 2.35% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +1.6% | 1.21% | −0.02 |
| GTLS Chart Industries Inc. | Add +0.1% | 0.87% | −0.11 |