Smith & Howard Wealth Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Smith & Howard Wealth Management, LLC reported 77 stock positions worth $429.1 million. Its top holding was Vanguard Core Bond ETF (VCRB) at 17.1% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 12.8%) and iShares Core MSCI Eafe ETF (IEFA, 8.2%). Compared with Q2 2025, it opened 7 new positions, sold out of 9, added to 19 and reduced 27. The biggest buy was a new position in Berkshire Hathaway Class B (BRK.B) and the biggest sale an exit from Managed Portfolio Series (TPYP).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001543991
- Portfolio Value
- $429.1M (Q3 2025)
- SEC Filing
- 0001398344-25-020714 ↗ filed Nov 12, 2025
Holdings Value
Holdings 77 stocks · $429.1M
| VCRB Vanguard Core Bond ETF | 17.12% | 936,692 | $73.4M | Add +7.3% |
| VTI VG Morningstar TS MKT ETF-US | 12.84% | 167,898 | $55.1M | Add +5.8% |
| IEFA iShares Core MSCI Eafe ETF | 8.22% | 404,168 | $35.3M | Add +1.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 6.22% | 143,170 | $26.7M | Add +2.3% |
| JMUB JPMorgan Municipal ETF | 4.74% | 403,092 | $20.3M | Reduce -0.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.03% | 36,100 | $17.3M | Add +4.3% |
| VEA Vanguard Ftse Developed ETF | 3.46% | 247,607 | $14.8M | Reduce -2.0% |
| IEMG iShares Core MSCI Emerging | 3.39% | 220,650 | $14.5M | Reduce -0.9% |
| AGG iShares Core U.S. Aggregate | 3.20% | 136,838 | $13.7M | Reduce -1.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.06% | 51,564 | $13.1M | Reduce -0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.00% | 43,888 | $12.9M | Add +1.4% |
| VWO Vanguard Ftse Emerging Marke | 2.40% | 189,845 | $10.3M | Add +0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.32% | 14,919 | $9.9M | No change |
| BND Vanguard Total Bond Market | 2.30% | 132,650 | $9.9M | Add +1.7% |
| MUB iShares National Muni Bond E | 2.23% | 89,821 | $9.6M | Add +0.4% |
| IWD iShares Russell 1000 Value E | 2.04% | 43,040 | $8.8M | Add +2.1% |
| IWF iShares Russell 1000 Growth | 1.97% | 18,054 | $8.5M | Add +3.2% |
| IWM iShares Russell 2000 ETF | 1.42% | 25,179 | $6.1M | Reduce -2.8% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.33% | 87,879 | $5.7M | Add +0.2% |
| KO The Coca-Cola Co. | 1.21% | 78,519 | $5.2M | Add +272.3% |
| EFA iShares MSCI Eafe ETF | 1.20% | 55,012 | $5.1M | Add +7.0% |
| IWR iShares Russell Mid-Cap ETF | 1.02% | 45,434 | $4.4M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.98% | 8,375 | $4.2M | New |
| TPYP Tortoise North American Pipe | 0.90% | 105,791 | $3.9M | New |
| VXUS Vanguard Total Intl Stock | 0.78% | 45,821 | $3.4M | No change |
| TLT iShares 20+ Year Treasury BD | 0.67% | 32,000 | $2.9M | No change |
| AAPL Apple Inc. | 0.59% | 9,905 | $2.5M | Reduce -33.4% |
| AHLT American Beacon Ahl Trend | 0.53% | 92,589 | $2.3M | Reduce -6.7% |
| PINS Pinterest Inc. Class A | 0.43% | 56,809 | $1.8M | New |
| SUB iShares Short-Term National | 0.41% | 16,346 | $1.7M | Reduce -28.5% |
| HD Home Depot Inc. | 0.40% | 4,242 | $1.7M | Reduce -14.3% |
| NVDA Nvidia Corp. | 0.40% | 9,130 | $1.7M | Add +9.3% |
| VOO Vanguard S&P 500 ETF | 0.38% | 2,638 | $1.6M | Add +473.5% |
| SCHB Schwab US Broad Market ETF | 0.28% | 47,036 | $1.2M | Reduce -0.8% |
| MSFT Microsoft Corp. | 0.26% | 2,156 | $1.1M | Reduce -35.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.26% | 15,435 | $1.1M | Reduce -0.7% |
| JNJ Johnson & Johnson | 0.25% | 5,821 | $1.1M | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.24% | 9,281 | $1.0M | Reduce -0.3% |
| GLD SPDR Gold Shares | 0.21% | 2,505 | $890K | No change |
| VHT Vanguard Health Care ETF | 0.19% | 3,202 | $831K | No change |
| COST Costco Wholesale Corp. | 0.16% | 721 | $668K | Reduce -28.4% |
| IWS iShares Russell Mid-Cap Valu | 0.15% | 4,617 | $645K | No change |
| GOOG Alphabet Inc. Class C | 0.15% | 2,565 | $625K | Reduce -26.4% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.15% | 6,510 | $624K | Add +90.3% |
| IVV iShares Core S&P 500 ETF | 0.14% | 929 | $622K | Reduce -1.6% |
| XLK SS Technology Select Sector | 0.14% | 2,157 | $608K | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.12% | 715 | $525K | Add +19.0% |
| PG The Procter & Gamble Co. | 0.12% | 3,361 | $516K | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 0.12% | 1,628 | $513K | Reduce -18.5% |
| SDY SS SPDR S&P Dividend ETF | 0.10% | 3,141 | $440K | Reduce -0.3% |
| MRSH Marsh & McLennan Cos | 0.10% | 2,100 | $423K | No change |
| EEM iShares MSCI Emerging Market | 0.09% | 7,399 | $395K | Add +64.8% |
| EAGG iShares ESG Aware US Aggrega | 0.09% | 8,041 | $386K | No change |
| GOOGL Alphabet Inc. Class A | 0.09% | 1,550 | $377K | Reduce -51.7% |
| IAU iShares Gold Trust | 0.08% | 4,748 | $346K | No change |
| GD General Dynamics Corp. | 0.08% | 1,000 | $341K | New |
| AVUS Avantis U.S. Equity ETF | 0.08% | 3,066 | $333K | No change |
| GE General Electric filed as GE AEROSPACE | 0.08% | 1,103 | $332K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 1,426 | $308K | No change |
| AMZN Amazon.com Inc. | 0.07% | 1,354 | $297K | Reduce -66.4% |
| STIP iShares 0-5 Year Tips Bond E | 0.07% | 2,734 | $283K | No change |
| ISRG Intuitive Surgical Inc. | 0.06% | 612 | $274K | No change |
| VYM Vanguard High DVD Yield ETF | 0.06% | 1,908 | $269K | No change |
| LMT Lockheed Martin Corp. | 0.06% | 537 | $268K | No change |
| DSI iShares ESG MSCI KLD 400 ETF | 0.06% | 2,038 | $257K | No change |
| CVX Chevron Corp. | 0.06% | 1,653 | $257K | No change |
| MCD McDonald's Corp. | 0.06% | 842 | $256K | No change |
| WFC Wells Fargo & Co. | 0.06% | 3,040 | $255K | No change |
| VNQ Vanguard Real Estate ETF | 0.05% | 2,548 | $233K | No change |
| UCB United Community Banks | 0.05% | 7,283 | $228K | New |
| XLF SS Financial Select Sector | 0.05% | 4,226 | $228K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.05% | 4,369 | $225K | Reduce -30.2% |
| CWI State Street SPDR MSCI Acwi | 0.05% | 6,411 | $224K | No change |
| CLS Celestica Inc. | 0.05% | 900 | $222K | New |
| IWP iShares Russell Mid-Cap Grow | 0.05% | 1,529 | $218K | No change |
| ABBV Abbvie Inc. | 0.05% | 937 | $217K | Reduce -21.8% |
| RF Regions Financial Corp. | 0.05% | 8,225 | $217K | New |
Options reported separately and not counted above: TLT puts ($1.9M), SPY puts ($1.5M), VB puts ($204K), IEFA puts ($183K), VTV puts ($162K), EFA puts ($128K), IEMG puts ($124K), VO puts ($111K), IWD puts ($88K), IWR puts ($28K), GLD puts ($25K), EEM puts ($23K).
Portfolio Sells Q2 2025 → Q3 2025
| TPYP Managed Portfolio Series | Sold out | 0.00% | −0.96 |
| JMUB JPMorgan Municipal ETF | Reduce -0.7% | 4.74% | −0.37 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.37 |
| AGG iShares Core U.S. Aggregate | Reduce -1.2% | 3.20% | −0.29 |
| SUB iShares Short-Term National | Reduce -28.5% | 0.41% | −0.21 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.0% | 3.46% | −0.20 |
| AAPL Apple Inc. | Reduce -33.4% | 0.59% | −0.19 |
| MSFT Microsoft Corp. | Reduce -35.7% | 0.26% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -66.4% | 0.07% | −0.16 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -28.4% | 0.16% | −0.10 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.08 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.08 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.07 |
| AXP American Express Co. | Sold out | 0.00% | −0.07 |
| ISTB iShares Core 1-5 Year Usd Bo | Sold out | 0.00% | −0.07 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.06 |
| HD Home Depot Inc. | Reduce -14.3% | 0.40% | −0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -51.7% | 0.09% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.2% | 3.06% | −0.05 |
| IWR iShares Russell Mid-Cap ETF | Reduce -1.0% | 1.02% | −0.05 |
| AHLT American Beacon Ahl Trend | Reduce -6.7% | 0.53% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -18.5% | 0.12% | −0.03 |
| BAC Bank of America Corp. | Reduce -30.2% | 0.05% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -3.5% | 0.12% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -26.4% | 0.15% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 0.24% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.7% | 0.26% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.3% | 0.10% | −0.01 |
| ABBV Abbvie Inc. | Reduce -21.8% | 0.05% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -0.8% | 0.28% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -1.6% | 0.14% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -0.9% | 3.39% | +0.00 |
| IWM iShares Russell 2000 ETF | Reduce -2.8% | 1.42% | +0.00 |
| XLK SS Technology Select Sector | Reduce -0.2% | 0.14% | +0.00 |
| JNJ Johnson & Johnson | Reduce -2.9% | 0.25% | +0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.98% | +0.98 |
| TPYP Tortoise North American Pipe | New | 0.90% | +0.90 |
| KO The Coca-Cola Co. | Add +272.3% | 1.21% | +0.83 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.8% | 12.84% | +0.61 |
| PINS Pinterest Inc. Class A | New | 0.43% | +0.43 |
| VOO Vanguard S&P 500 ETF | Add +473.5% | 0.38% | +0.31 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +4.3% | 4.03% | +0.18 |
| IWF iShares Russell 1000 Growth | Add +3.2% | 1.97% | +0.09 |
| GD General Dynamics Corp. | New | 0.08% | +0.08 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +90.3% | 0.15% | +0.07 |
| NVDA Nvidia Corp. | Add +9.3% | 0.40% | +0.06 |
| UCB United Community Banks | New | 0.05% | +0.05 |
| CLS Celestica Inc. | New | 0.05% | +0.05 |
| RF Regions Financial Corp. | New | 0.05% | +0.05 |
| EEM iShares MSCI Emerging Market | Add +64.8% | 0.09% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +7.0% | 1.20% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +0.4% | 2.40% | +0.03 |
| META Meta Platforms Inc. Class A | Add +19.0% | 0.12% | +0.01 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +0.2% | 1.33% | −0.02 |
| IWD iShares Russell 1000 Value E | Add +2.1% | 2.04% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.3% | 6.22% | −0.05 |
| VCRB Vanguard Core Bond ETF | Add +7.3% | 17.12% | −0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.4% | 3.00% | −0.07 |
| BND Vanguard Total Bond Market | Add +1.7% | 2.30% | −0.14 |
| MUB iShares National Muni Bond E | Add +0.4% | 2.23% | −0.14 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.1% | 8.22% | −0.24 |
Options Activity Q2 2025 → Q3 2025
| TLT iShares 20+ Year Treasury BD | put | New | 20,500 | $1.9M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 2,500 | $1.5M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 1,000 | $650Kbefore exit |
| VB Vanguard Most SM-Cap ETF-Usd | put | New | 800 | $204K |
| IEFA iShares Core MSCI Eafe ETF | put | New | 2,200 | $183K |
| VTV Vanguard Mrngstr Val ETF-Aui | put | New | 900 | $162K |
| EFA iShares MSCI Eafe ETF | put | New | 1,500 | $128K |
| IEMG iShares Core MSCI Emerging | put | New | 1,900 | $124K |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | put | New | 400 | $111K |
| IWD iShares Russell 1000 Value E | put | New | 500 | $88K |
| IWR iShares Russell Mid-Cap ETF | put | New | 300 | $28K |
| GLD SPDR Gold Shares | put | New | 100 | $25K |
| EEM iShares MSCI Emerging Market | put | New | 500 | $23K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 87 | $486.2M | VCRB, VTI, IEFA, VTV, JMUB |
| Q1 2026 | 88 | $462.4M | VCRB, VTI, IEFA, VTV, JMUB |
| Q4 2025 | 80 | $437.0M | VCRB, VTI, IEFA, VTV, JMUB |
| Q3 2025 | 77 | $429.1M | VCRB, VTI, IEFA, VTV, JMUB |
| Q2 2025 | 79 | $394.2M | VCRB, VTI, IEFA, VTV, JMUB |
| Q1 2025 | 80 | $366.0M | AGG, VTI, IEFA, VTV, JMUB |
| Q4 2024 | 82 | $353.3M | AGG, VTI, IEFA, JMUB, VTV |
| Q3 2024 | 80 | $355.5M | AGG, VTI, IEFA, VTV, JMUB |
| Q2 2024 | 81 | $335.3M | AGG, VTI, IEFA, VTV, JMUB |
| Q1 2024 | 76 | $323.4M | AGG, VTI, IEFA, VTV, VEA |