Smith Asset Management Co., LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Smith Asset Management Co., LLC reported 70 stock positions worth $116.5 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 6.4% of the portfolio, followed by Nuveen Prefered & Income Opp (JPC, 5.9%) and Ares Capital (ARCC, 5.3%). Compared with Q4 2025, it opened 2 new positions, sold out of 2, added to 33 and reduced 31. The biggest buy was Microsoft (MSFT, shares +212%) and the biggest sale an exit from Equitable (EQH).
- Most Recent 13F
- Q2 2026
- Location
- Chiefland, FL
- CIK
- 0002068217
- Portfolio Value
- $116.5M (Q1 2026)
- SEC Filing
- 0001172661-26-001992 ↗ filed May 15, 2026
Holdings Value
Holdings 70 stocks · $116.5M
| BRK.B Berkshire Hathaway Inc. Class B | 6.39% | 15,543 | $7.4M | Add +4.0% |
| JPC Nuveen Prefered & Income Opp | 5.90% | 911,404 | $6.9M | Reduce -1.6% |
| ARCC Ares Capital Corp. | 5.32% | 344,279 | $6.2M | Add +9.2% |
| DNP DNP Select Income Fund Inc. | 3.55% | 401,931 | $4.1M | Reduce -1.9% |
| XAWFX Alliancebernstein GL Hi Inc. | 3.44% | 394,097 | $4.0M | Reduce -2.0% |
| CSQ Calamos Strat TTL RTRN FND | 3.38% | 229,856 | $3.9M | Add +2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.34% | 5,981 | $3.9M | Add +3.7% |
| RFI Cohen & Steers Tot Ret RLTY | 3.25% | 339,631 | $3.8M | Add +1.7% |
| VGT Vanguard Info Tech ETF | 2.92% | 4,883 | $3.4M | Add +5.3% |
| AAPL Apple Inc. | 2.76% | 12,665 | $3.2M | Add +9.8% |
| FFA First Trust Enhan Eqty Inc. | 2.68% | 153,242 | $3.1M | Reduce -0.3% |
| MCI Barings Corporate Investors | 2.56% | 172,921 | $3.0M | Reduce -1.8% |
| UTG Reaves Utility Income Fund | 2.54% | 75,380 | $3.0M | Reduce -2.1% |
| PCN PIMCO Corporate & Income STR | 2.50% | 244,440 | $2.9M | Add +7.3% |
| BTZ BlackRock Credit Allocation | 2.39% | 276,288 | $2.8M | Reduce -1.1% |
| PDI PIMCO Dynamic Income Fund | 2.39% | 162,492 | $2.8M | Add +9.4% |
| NLY Annaly Capital Management Inc. | 2.29% | 126,009 | $2.7M | Add +4.8% |
| XBGYX BlackRock Enh Intl DVD TR | 2.24% | 481,880 | $2.6M | Reduce -2.6% |
| PSF Cohen & Steers Select Prefer | 2.17% | 130,560 | $2.5M | Reduce -1.4% |
| VIS Vanguard Industrials ETF | 2.12% | 7,905 | $2.5M | Add +10.9% |
| UTF Cohen & Steers Infrastructur | 2.11% | 94,880 | $2.5M | Reduce -1.9% |
| FLC Flaherty & Crumrine TTL RTRN | 1.80% | 126,131 | $2.1M | Reduce -1.2% |
| HQH Abrdn Healthcare Investors | 1.76% | 115,261 | $2.1M | Reduce -1.5% |
| PTY PIMCO Corporate & Income Opp | 1.71% | 165,202 | $2.0M | Add +1.7% |
| DSU BlackRock Debt Strategies | 1.64% | 199,531 | $1.9M | Add +9.1% |
| DFP Flaherty & Crumrine DYN Pref | 1.64% | 95,067 | $1.9M | Reduce -1.9% |
| GOF Guggenheim Strategic Opport | 1.31% | 138,980 | $1.5M | Add +12.9% |
| BUI Blckrck Util Infra & PWR Opp filed as BLACKROCK UTILS INFRASTRUCTU | 1.21% | 53,335 | $1.4M | Add +0.1% |
| AMZN Amazon.com Inc. | 1.16% | 6,494 | $1.4M | Add +15.6% |
| ASGI Abrdn Global Infrastructure | 1.13% | 58,654 | $1.3M | Reduce -1.7% |
| XSORX Source Capital Inc. | 1.12% | 28,226 | $1.3M | Reduce -0.4% |
| GDO Western Ast GLB Corp. Opprnty | 1.04% | 112,660 | $1.2M | Reduce -2.6% |
| XFFCX Flaherty & Crumrine Pref Inc. | 1.02% | 76,850 | $1.2M | Add +4.0% |
| MPV Barings Participation Invest | 1.01% | 68,610 | $1.2M | Reduce -2.4% |
| NVG Nuveen Amt-FR Muni CRDT | 0.93% | 87,725 | $1.1M | Reduce -2.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.92% | 1,861 | $1.1M | Add +39.7% |
| MSFT Microsoft Corp. | 0.86% | 2,700 | $999K | Add +211.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.86% | 5,091 | $999K | Add +8.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.78% | 11,801 | $903K | Add +7.5% |
| XRNPX Cohen & Steers REIT and Pref | 0.77% | 45,170 | $893K | Add +27.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.73% | 3,255 | $853K | Add +4.7% |
| PFD Flaherty & Crumrin Pre&inc F | 0.71% | 74,065 | $828K | Reduce -30.1% |
| SPH Suburban Propane Partners LP | 0.71% | 42,016 | $827K | Reduce -0.7% |
| OHI Omega Healthcare Investors | 0.62% | 16,501 | $723K | Reduce -0.9% |
| BLW BlackRock Ltd. Durat Inc. TR | 0.59% | 55,065 | $693K | Add +1.1% |
| XBMEX BlackRock Health Sciences | 0.55% | 16,529 | $637K | Add +28.3% |
| VDE Vanguard Energy ETF | 0.53% | 3,602 | $623K | Add +15.4% |
| STK Columbia Slgmn Prem Tech GR | 0.52% | 16,070 | $610K | No change |
| XLV SS Health Care Select Sector | 0.52% | 4,137 | $607K | Add +4.3% |
| HYT BlackRock Corp. Hi YLD | 0.52% | 70,789 | $603K | Add +8.2% |
| WMT Walmart Inc. | 0.48% | 4,459 | $554K | Add +0.2% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.44% | 1,991 | $512K | Reduce -0.1% |
| MSD Morgan Stanley Emrg MKT Debt | 0.43% | 71,947 | $505K | Add +6.9% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.42% | 4,756 | $486K | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.39% | 1,580 | $454K | Add +54.9% |
| DOC Healthpeak Properties Inc. | 0.39% | 27,393 | $450K | Reduce -0.2% |
| LDP Cohen & Steers Limited Durat | 0.33% | 19,016 | $380K | Add +61.4% |
| DUK Duke Energy Corp. | 0.30% | 2,654 | $348K | Reduce -1.8% |
| PFO Flaherty & Crumrine P&I Opp | 0.25% | 31,818 | $288K | New |
| SEVN Seven Hills Realty Trust | 0.23% | 32,053 | $263K | Reduce -1.7% |
| MO Altria Group Inc. | 0.21% | 3,736 | $247K | Reduce -3.5% |
| XLF SS Financial Select Sector | 0.20% | 4,742 | $234K | Reduce -6.5% |
| AMGN Amgen Inc. | 0.20% | 661 | $233K | No change |
| ASG Liberty All-Star Growth FD | 0.17% | 41,379 | $197K | Reduce -1.2% |
| AFB Allianceberstein NTL Muni | 0.17% | 18,203 | $195K | No change |
| WEA Western Asset Premier Bond | 0.17% | 18,367 | $194K | Add +22.8% |
| DHC Diversified Healthcare Trust | 0.13% | 22,293 | $148K | No change |
| PMO Franklin Muncipl Opps Tst-Ui | 0.12% | 13,742 | $142K | New |
| USA Liberty All Star Equity Fund | 0.09% | 18,552 | $103K | Reduce -0.5% |
| SVC Service Pptys TR | 0.02% | 17,902 | $24K | Reduce -1.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $426 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | 53,294 | $426 | No change |
Total filed on the 13F, all lines: $116.5M.
Portfolio Sells Q4 2025 → Q1 2026
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −3.23 |
| JPC Nuveen Prefered & Income Opp | Reduce -1.6% | 5.90% | −0.30 |
| PFD Flaherty & Crumrin Pre&inc F | Reduce -30.1% | 0.71% | −0.26 |
| ETG Eaton Vance T/A GL DVD Incm | Sold out | 0.00% | −0.17 |
| XBGYX BlackRock Enh Intl DVD TR | Reduce -2.6% | 2.24% | −0.17 |
| FFA First Trust Enhan Eqty Inc. | Reduce -0.3% | 2.68% | −0.11 |
| XAWFX Alliancebernstein GL Hi Inc. | Reduce -2.0% | 3.44% | −0.11 |
| BTZ BlackRock Credit Allocation | Reduce -1.1% | 2.39% | −0.10 |
| GDO Western Ast GLB Corp. Opprnty | Reduce -2.6% | 1.04% | −0.09 |
| MCI Barings Corporate Investors | Reduce -1.8% | 2.56% | −0.08 |
| HQH Abrdn Healthcare Investors | Reduce -1.5% | 1.76% | −0.07 |
| FLC Flaherty & Crumrine TTL RTRN | Reduce -1.2% | 1.80% | −0.05 |
| PSF Cohen & Steers Select Prefer | Reduce -1.4% | 2.17% | −0.04 |
| XLF SS Financial Select Sector | Reduce -6.5% | 0.20% | −0.03 |
| DFP Flaherty & Crumrine DYN Pref | Reduce -1.9% | 1.64% | −0.03 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -0.1% | 0.44% | −0.02 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -2.8% | 0.93% | −0.02 |
| ASG Liberty All-Star Growth FD | Reduce -1.2% | 0.17% | −0.01 |
| SEVN Seven Hills Realty Trust | Reduce -1.7% | 0.23% | −0.01 |
| USA Liberty All Star Equity Fund | Reduce -0.5% | 0.09% | −0.01 |
| SVC Service Pptys TR | Reduce -1.9% | 0.02% | −0.01 |
| OHI Omega Healthcare Investors | Reduce -0.9% | 0.62% | +0.01 |
| DOC Healthpeak Properties Inc. | Reduce -0.2% | 0.39% | +0.02 |
| ASGI Abrdn Global Infrastructure | Reduce -1.7% | 1.13% | +0.02 |
| MO Altria Group Inc. | Reduce -3.5% | 0.21% | +0.03 |
| DUK Duke Energy Corp. | Reduce -1.8% | 0.30% | +0.04 |
| XSORX Source Capital Inc. | Reduce -0.4% | 1.12% | +0.05 |
| SPH Suburban Propane Partners LP | Reduce -0.7% | 0.71% | +0.06 |
| IRM Iron Mountain Inc. | Reduce -3.4% | 0.42% | +0.08 |
| MPV Barings Participation Invest | Reduce -2.4% | 1.01% | +0.09 |
| DNP DNP Select Income Fund Inc. | Reduce -1.9% | 3.55% | +0.17 |
| UTF Cohen & Steers Infrastructur | Reduce -1.9% | 2.11% | +0.18 |
| UTG Reaves Utility Income Fund | Reduce -2.1% | 2.54% | +0.22 |
Portfolio Buys Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Add +211.8% | 0.86% | +0.51 |
| VIS Vanguard Industrials ETF | Add +10.9% | 2.12% | +0.36 |
| PFO Flaherty & Crumrine P&I Opp | New | 0.25% | +0.25 |
| QQQ Invesco QQQ Trust Series 1 | Add +39.7% | 0.92% | +0.25 |
| PDI PIMCO Dynamic Income Fund | Add +9.4% | 2.39% | +0.21 |
| VDE Vanguard Energy ETF | Add +15.4% | 0.53% | +0.21 |
| RFI Cohen & Steers Tot Ret RLTY | Add +1.7% | 3.25% | +0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.0% | 6.39% | +0.19 |
| XRNPX Cohen & Steers REIT and Pref | Add +27.1% | 0.77% | +0.18 |
| AAPL Apple Inc. | Add +9.8% | 2.76% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +54.9% | 0.39% | +0.13 |
| PMO Franklin Muncipl Opps Tst-Ui | New | 0.12% | +0.12 |
| LDP Cohen & Steers Limited Durat | Add +61.4% | 0.33% | +0.12 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +8.3% | 0.86% | +0.12 |
| XBMEX BlackRock Health Sciences | Add +28.3% | 0.55% | +0.11 |
| DSU BlackRock Debt Strategies | Add +9.1% | 1.64% | +0.10 |
| PCN PIMCO Corporate & Income STR | Add +7.3% | 2.50% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.7% | 3.34% | +0.09 |
| AMZN Amazon.com Inc. | Add +15.6% | 1.16% | +0.09 |
| BUI Blckrck Util Infra & PWR Opp | Add +0.1% | 1.21% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.7% | 0.73% | +0.07 |
| NLY Annaly Capital Management Inc. | Add +4.8% | 2.29% | +0.07 |
| WMT Walmart Inc. | Add +0.2% | 0.48% | +0.07 |
| ARCC Ares Capital Corp. | Add +9.2% | 5.32% | +0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +7.5% | 0.78% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +5.3% | 2.92% | +0.04 |
| HYT BlackRock Corp. Hi YLD | Add +8.2% | 0.52% | +0.04 |
| WEA Western Asset Premier Bond | Add +22.8% | 0.17% | +0.03 |
| MSD Morgan Stanley Emrg MKT Debt | Add +6.9% | 0.43% | +0.02 |
| XFFCX Flaherty & Crumrine Pref Inc. | Add +4.0% | 1.02% | +0.01 |
| XLV SS Health Care Select Sector | Add +4.3% | 0.52% | +0.01 |
| GOF Guggenheim Strategic Opport | Add +12.9% | 1.31% | +0.01 |
| PTY PIMCO Corporate & Income Opp | Add +1.7% | 1.71% | −0.02 |
| BLW BlackRock Ltd. Durat Inc. TR | Add +1.1% | 0.59% | −0.02 |
| CSQ Calamos Strat TTL RTRN FND | Add +2.6% | 3.38% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 70 | $127.1M | BRK.B, JPC, ARCC, VGT, CSQ |
| Q1 2026 | 70 | $116.5M | BRK.B, JPC, ARCC, DNP, XAWFX |
| Q4 2025 | 70 | $121.1M | BRK.B, JPC, ARCC, CSQ, XAWFX |
| Q3 2025 | 66 | $117.4M | JPC, BRK.B, ARCC, XAWFX, CSQ |
| Q2 2025 | 69 | $115.8M | ARCC, BRK.B, XJPIX, XAWFX, CSQ |
| Q1 2025 | 66 | $106.1M | BRK.B, ARCC, MCI, XJPIX, XAWFX |
| Q4 2024 | 66 | $102.7M | ARCC, BRK.B, XJPIX, XAWFX, MCI |