Sheets Smith Investment Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed October 8, 2025), Sheets Smith Investment Management reported 71 stock positions worth $113.9 million. Its top holding was Vanguard S/T Corp. Bond ETF (VCSH) at 7.1% of the portfolio, followed by JPM Nasdaq Equity Premium (JEPQ, 4.0%) and Vanguard Int-Term Corporate (VCIT, 2.9%). Compared with Q1 2025, it opened 41 new positions, sold out of 12, added to 11 and reduced 16. The biggest buy was a new position in JPM Nasdaq Equity Premium (JEPQ) and the biggest sale Goldman Sachs Access Treasur (GBIL, shares −97%).
- Most Recent 13F
- Q3 2025
- Location
- HOUSTON, TX
- CIK
- 0001785199
- Portfolio Value
- $113.9M (Q2 2025)
- SEC Filing
- 0001785199-25-000018 ↗ filed Oct 8, 2025
Holdings Value
Holdings 71 stocks · $113.9M
| VCSH Vanguard S/T Corp. Bond ETF | 7.06% | 101,220 | $8.0M | Reduce -26.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 4.00% | 83,771 | $4.6M | New |
| VCIT Vanguard Int-Term Corporate | 2.86% | 39,292 | $3.3M | Reduce -28.1% |
| CRS Carpenter Technology | 2.53% | 10,410 | $2.9M | Reduce -0.1% |
| NVDA Nvidia Corp. | 2.49% | 17,976 | $2.8M | Reduce -20.0% |
| HWM Howmet Aerospace Inc. | 2.37% | 14,514 | $2.7M | Reduce -4.5% |
| MELI MercadoLibre Inc. | 2.08% | 906 | $2.4M | Add +33.8% |
| PLMR Palomar Holdings Inc. | 2.04% | 15,061 | $2.3M | Reduce -2.3% |
| PLTR Palantir Technologies Inc. Class A | 1.79% | 14,939 | $2.0M | Add +0.3% |
| APP AppLovin Corp. Class A | 1.74% | 5,661 | $2.0M | Add +1.2% |
| AVPT Avepoint Inc. | 1.73% | 101,781 | $2.0M | Reduce -0.2% |
| AMD Advanced Micro Devices | 1.69% | 13,576 | $1.9M | New |
| NGD New Gold Inc. | 1.66% | 382,489 | $1.9M | New |
| C Citigroup Inc. | 1.65% | 22,143 | $1.9M | New |
| SPOT Spotify Technology SA | 1.61% | 2,392 | $1.8M | New |
| NFLX Netflix Inc. | 1.59% | 1,349 | $1.8M | Add +20.4% |
| TMUS T-Mobile US Inc. | 1.58% | 7,559 | $1.8M | Reduce -0.1% |
| DASH DoorDash Inc. Class A | 1.56% | 7,206 | $1.8M | New |
| BCS Barclays PLC-Spons ADR | 1.56% | 95,503 | $1.8M | New |
| GEV GE Vernova Inc. | 1.55% | 3,340 | $1.8M | Reduce -25.5% |
| GWRE Guidewire Software Inc. | 1.52% | 7,336 | $1.7M | New |
| SCHW Schwab (charles) Corp. | 1.49% | 18,653 | $1.7M | New |
| CCJ Cameco Corp. | 1.48% | 22,654 | $1.7M | New |
| PAAS Pan American Silver Corp. | 1.47% | 58,956 | $1.7M | New |
| AMZN Amazon.com Inc. | 1.47% | 7,618 | $1.7M | Reduce -38.4% |
| GE General Electric filed as GE AEROSPACE | 1.45% | 6,420 | $1.7M | Add +34.2% |
| GPOR Gulfport Energy Corp. | 1.44% | 8,174 | $1.6M | New |
| NFG National Fuel Gas Co. | 1.43% | 19,257 | $1.6M | New |
| LPLA LPL Financial Holdings Inc. | 1.43% | 4,330 | $1.6M | New |
| ROAD Construction Partners Inc. Class A | 1.42% | 15,219 | $1.6M | New |
| AIG American International Group | 1.42% | 18,865 | $1.6M | New |
| MSFT Microsoft Corp. | 1.42% | 3,243 | $1.6M | New |
| NOW ServiceNow Inc. | 1.40% | 1,553 | $1.6M | New |
| PODD Insulet Corp. | 1.40% | 5,060 | $1.6M | Add +9.0% |
| FCFS Firstcash Holdings Inc. | 1.36% | 11,454 | $1.5M | New |
| RGLD Royal Gold Inc. | 1.34% | 8,570 | $1.5M | New |
| USFD US Foods Holding Corp. | 1.28% | 18,888 | $1.5M | Reduce -24.8% |
| TOST Toast Inc. Class A | 1.28% | 32,810 | $1.5M | Reduce -0.4% |
| APEI American Public Education | 1.22% | 45,509 | $1.4M | New |
| ALL Allstate Corp. | 1.20% | 6,809 | $1.4M | Add +31.7% |
| ATI Ati Inc. | 1.19% | 15,727 | $1.4M | New |
| TBBK The Bancorp Inc. | 1.18% | 23,623 | $1.3M | Reduce -0.3% |
| TSM Taiwan Semiconductor-SP ADR | 1.17% | 5,870 | $1.3M | New |
| CVNA Carvana Co. | 1.16% | 3,925 | $1.3M | New |
| SE Sea Ltd.-ADR | 1.13% | 8,078 | $1.3M | Add +0.1% |
| ESE Esco Technologies Inc. | 1.12% | 6,661 | $1.3M | New |
| MCB Metropolitan Bank Holding Co. | 1.12% | 18,170 | $1.3M | New |
| SNOW Snowflake Inc. | 1.11% | 5,666 | $1.3M | New |
| EXEL Exelixis Inc. | 1.10% | 28,423 | $1.3M | New |
| FTNT Fortinet Inc. | 1.09% | 11,773 | $1.2M | Reduce -0.4% |
| MNDY Monday.com Ltd. | 1.08% | 3,898 | $1.2M | New |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 1.08% | 13,091 | $1.2M | New |
| MA Mastercard Inc. Class A | 1.06% | 2,154 | $1.2M | New |
| GTLS Chart Industries Inc. | 1.04% | 7,220 | $1.2M | Add +19.7% |
| BJRI Bj's Restaurants Inc. | 1.04% | 26,571 | $1.2M | New |
| ALAB Astera Labs Inc. | 1.01% | 12,696 | $1.1M | New |
| IBEX Ibex Ltd. | 1.01% | 39,348 | $1.1M | New |
| PEN Penumbra Inc. | 0.97% | 4,287 | $1.1M | Add +48.4% |
| ADP Automatic Data Processing | 0.88% | 3,237 | $998K | Add +2.5% |
| IFS Intercorp Financial Services | 0.86% | 25,768 | $983K | New |
| SOC Sable Offshore Corp. | 0.83% | 42,863 | $942K | New |
| SKWD Skyward Specialty Insurance | 0.82% | 16,091 | $930K | Reduce -0.0% |
| GBIL Goldman Sachs Access Treasur | 0.80% | 9,139 | $915K | Reduce -97.3% |
| KINS Kingstone Cos Inc. | 0.74% | 54,889 | $846K | New |
| ADMA Adma Biologics Inc. | 0.73% | 45,733 | $833K | New |
| SMR Nuscale Power Corp. | 0.68% | 19,629 | $777K | New |
| OKLO Oklo Inc. | 0.62% | 12,578 | $704K | New |
| VTHR Vanguard Russell 3000 | 0.25% | 1,024 | $279K | New |
| MREO Mereo Biopharma Group PL-ADR | 0.04% | 16,890 | $46K | No change |
| ARDX Ardelyx Inc. | 0.04% | 11,393 | $45K | No change |
| VERU Veru Inc. | 0.01% | 22,338 | $13K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| GBIL Goldman Sachs Access Treasur | Reduce -97.3% | 0.80% | −33.26 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −6.11 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -26.2% | 7.06% | −3.72 |
| EXLS Exlservice Holdings Inc. | Sold out | 0.00% | −1.71 |
| VCIT Vanguard Int-Term Corporate | Reduce -28.1% | 2.86% | −1.60 |
| FISV Fiserv Inc. | Sold out | 0.00% | −1.54 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −1.41 |
| SYK Stryker Corp. | Sold out | 0.00% | −1.39 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.32 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −1.21 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.98 |
| AMZN Amazon.com Inc. | Reduce -38.4% | 1.47% | −0.88 |
| PSQ Proshares Short QQQ | Sold out | 0.00% | −0.44 |
| TMUS T-Mobile US Inc. | Reduce -0.1% | 1.58% | −0.43 |
| USFD US Foods Holding Corp. | Reduce -24.8% | 1.28% | −0.36 |
| XMTR Xometry Inc. Class A | Sold out | 0.00% | −0.35 |
| IWV iShares Russell 3000 ETF | Sold out | 0.00% | −0.33 |
| SH Proshares Short S&P500 | Sold out | 0.00% | −0.30 |
| TBBK The Bancorp Inc. | Reduce -0.3% | 1.18% | −0.07 |
| PLMR Palomar Holdings Inc. | Reduce -2.3% | 2.04% | −0.07 |
| FTNT Fortinet Inc. | Reduce -0.4% | 1.09% | −0.04 |
| SKWD Skyward Specialty Insurance | Reduce -0.0% | 0.82% | −0.03 |
| NVDA Nvidia Corp. | Reduce -20.0% | 2.49% | +0.07 |
| TOST Toast Inc. Class A | Reduce -0.4% | 1.28% | +0.19 |
| GEV GE Vernova Inc. | Reduce -25.5% | 1.55% | +0.19 |
| AVPT Avepoint Inc. | Reduce -0.2% | 1.73% | +0.26 |
| HWM Howmet Aerospace Inc. | Reduce -4.5% | 2.37% | +0.41 |
| CRS Carpenter Technology | Reduce -0.1% | 2.53% | +0.64 |
Portfolio Buys Q1 2025 → Q2 2025
| JEPQ JPM Nasdaq Equity Premium | New | 4.00% | +4.00 |
| AMD Advanced Micro Devices | New | 1.69% | +1.69 |
| NGD New Gold Inc. | New | 1.66% | +1.66 |
| C Citigroup Inc. | New | 1.65% | +1.65 |
| SPOT Spotify Technology SA | New | 1.61% | +1.61 |
| DASH DoorDash Inc. Class A | New | 1.56% | +1.56 |
| BCS Barclays PLC-Spons ADR | New | 1.56% | +1.56 |
| GWRE Guidewire Software Inc. | New | 1.52% | +1.52 |
| SCHW Schwab (charles) Corp. | New | 1.49% | +1.49 |
| CCJ Cameco Corp. | New | 1.48% | +1.48 |
| PAAS Pan American Silver Corp. | New | 1.47% | +1.47 |
| GPOR Gulfport Energy Corp. | New | 1.44% | +1.44 |
| NFG National Fuel Gas Co. | New | 1.43% | +1.43 |
| LPLA LPL Financial Holdings Inc. | New | 1.43% | +1.43 |
| ROAD Construction Partners Inc. Class A | New | 1.42% | +1.42 |
| AIG American International Group | New | 1.42% | +1.42 |
| MSFT Microsoft Corp. | New | 1.42% | +1.42 |
| NOW ServiceNow Inc. | New | 1.40% | +1.40 |
| FCFS Firstcash Holdings Inc. | New | 1.36% | +1.36 |
| RGLD Royal Gold Inc. | New | 1.34% | +1.34 |
| APEI American Public Education | New | 1.22% | +1.22 |
| ATI Ati Inc. | New | 1.19% | +1.19 |
| TSM Taiwan Semiconductor-SP ADR | New | 1.17% | +1.17 |
| CVNA Carvana Co. | New | 1.16% | +1.16 |
| ESE Esco Technologies Inc. | New | 1.12% | +1.12 |
| MCB Metropolitan Bank Holding Co. | New | 1.12% | +1.12 |
| SNOW Snowflake Inc. | New | 1.11% | +1.11 |
| EXEL Exelixis Inc. | New | 1.10% | +1.10 |
| MNDY Monday.com Ltd. | New | 1.08% | +1.08 |
| QTWO Q2 Holdings Inc. | New | 1.08% | +1.08 |
| MA Mastercard Inc. Class A | New | 1.06% | +1.06 |
| BJRI Bj's Restaurants Inc. | New | 1.04% | +1.04 |
| ALAB Astera Labs Inc. | New | 1.01% | +1.01 |
| IBEX Ibex Ltd. | New | 1.01% | +1.01 |
| IFS Intercorp Financial Services | New | 0.86% | +0.86 |
| SOC Sable Offshore Corp. | New | 0.83% | +0.83 |
| MELI MercadoLibre Inc. | Add +33.8% | 2.08% | +0.76 |
| KINS Kingstone Cos Inc. | New | 0.74% | +0.74 |
| ADMA Adma Biologics Inc. | New | 0.73% | +0.73 |
| SMR Nuscale Power Corp. | New | 0.68% | +0.68 |
| OKLO Oklo Inc. | New | 0.62% | +0.62 |
| NFLX Netflix Inc. | Add +20.4% | 1.59% | +0.54 |
| PLTR Palantir Technologies Inc. Class A | Add +0.3% | 1.79% | +0.54 |
| GE General Electric | Add +34.2% | 1.45% | +0.50 |
| APP AppLovin Corp. Class A | Add +1.2% | 1.74% | +0.26 |
| VTHR Vanguard Russell 3000 | New | 0.25% | +0.25 |
| PEN Penumbra Inc. | Add +48.4% | 0.97% | +0.20 |
| PODD Insulet Corp. | Add +9.0% | 1.40% | +0.18 |
| GTLS Chart Industries Inc. | Add +19.7% | 1.04% | +0.18 |
| ALL Allstate Corp. | Add +31.7% | 1.20% | +0.14 |