Smith Group Asset Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Smith Group Asset Management, LLC reported 169 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Broadcom (AVGO, 3.9%) and Meta Platforms Class A (META, 3.5%). Compared with Q1 2025, it opened 11 new positions, sold out of 21, added to 55 and reduced 55. The biggest buy was Comfort Systems USA (FIX, shares +1813%) and the biggest sale an exit from Ameriprise Financial (AMP).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001893134
Portfolio Value
$1.5B (Q2 2025)
SEC Filing
0001085146-25-004336 ↗ filed Jul 31, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.5B $1.5B Q2 2025 Q3 2025: $1.7B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 169 stocks · $1.5B
MSFT Microsoft Corp. 4.80% 147,282 $73.3M Add +0.8%
AVGO Broadcom Inc. 3.86% 213,494 $58.8M Add +1.3%
META Meta Platforms Inc. Class A 3.50% 72,231 $53.3M Add +1.0%
AAPL Apple Inc. 3.49% 259,308 $53.2M Add +1.7%
BKNG Booking Holdings Inc. 3.40% 8,965 $51.9M Add +1.4%
COST Costco Wholesale Corp. 3.33% 51,234 $50.7M Add +1.5%
NFLX Netflix Inc. 3.26% 37,124 $49.7M Add +2.6%
KLAC KLA Corp. 3.18% 54,088 $48.4M Add +1.5%
PH Parker Hannifin Corp. 3.09% 67,491 $47.1M Add +1.7%
AXP American Express Co. 2.73% 130,482 $41.6M Add +2.2%
APP AppLovin Corp. Class A 2.59% 112,933 $39.5M Add +3.9%
GOOGL Alphabet Inc. Class A 2.57% 222,528 $39.2M Add +1.5%
MCK McKesson Corp. 2.45% 51,015 $37.4M Add +2.7%
ANET Arista Networks Inc. 2.43% 362,125 $37.0M Add +2.1%
CDNS Cadence Design SYS Inc. 2.27% 112,256 $34.6M Add +2.9%
JPM JPMorgan Chase & Co. 2.23% 117,054 $33.9M Add +3.3%
HAS Hasbro Inc. 2.19% 452,174 $33.4M Add +2.8%
FIX Comfort Systems USA Inc. 2.10% 59,868 $32.1M Add +1812.7%
ACGL Arch Capital Group Ltd. 2.04% 342,453 $31.2M Add +2.7%
CBOE Cboe Global Markets Inc. 2.03% 132,519 $30.9M Add +2.1%
SCHW Schwab (charles) Corp. 1.92% 320,718 $29.3M Add +54.1%
HUBB Hubbell Inc. 1.91% 71,360 $29.1M Add +2.8%
EBAY eBay Inc. 1.91% 390,844 $29.1M Add +1.7%
MRVL Marvell Technology Inc. 1.89% 371,482 $28.8M Add +2.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.85% 227,361 $28.2M New
WDAY Workday Inc. Class A 1.82% 115,972 $27.8M Add +2.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.77% 218,544 $27.0M Add +2.7%
MEDP Medpace Holdings Inc. 1.69% 82,223 $25.8M Add +3.2%
VEEV Veeva Systems Inc. Class A 1.69% 89,426 $25.8M Add +2.8%
PGR Progressive Corp. 1.66% 94,765 $25.3M Add +0.8%
OKTA Okta Inc. 1.59% 242,793 $24.3M Add +2.0%
PINS Pinterest Inc. Class A 1.54% 656,666 $23.5M Add +1.7%
WAT Waters Corp. 1.48% 64,548 $22.5M Add +2.0%
VRTX Vertex Pharmaceuticals Inc. 1.35% 46,255 $20.6M Add +1.3%
EXLS Exlservice Holdings Inc. 1.28% 446,776 $19.6M Add +3.1%
ADBE Adobe Inc. 1.27% 50,194 $19.4M Add +3.8%
JNJ Johnson & Johnson 1.23% 122,823 $18.8M Add +1.6%
XOM Exxon Mobil Corp. 1.11% 157,175 $16.9M Add +1.6%
LNWO Light & Wonder Inc. 0.98% 154,714 $14.9M Add +15.7%
MPC Marathon Petroleum Corp. 0.84% 76,675 $12.7M Add +2.1%
NVDA Nvidia Corp. 0.67% 64,395 $10.2M Reduce -4.9%
KGC Kinross Gold Corp. 0.62% 604,346 $9.4M Reduce -22.5%
TSM Taiwan Semiconductor-SP ADR 0.59% 39,528 $9.0M Add +4.7%
CHKP Check Point Software Tech 0.51% 35,078 $7.8M Add +4.9%
CCEP Coca-Cola Europacific Partne 0.50% 82,641 $7.7M Add +5.8%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.45% 97,030 $6.9M Add +6.1%
AMZN Amazon.com Inc. 0.33% 22,783 $5.0M Reduce -4.7%
RBLX Roblox Corp. Class A 0.33% 47,320 $5.0M Reduce -26.2%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.21% 25,280 $3.2M Reduce -0.0%
DXCM Dexcom Inc. 0.19% 33,130 $2.9M Reduce -21.1%
COHR Coherent Corp. 0.19% 32,000 $2.9M No change
ESTC Elastic NV 0.18% 31,700 $2.7M Add +11.2%
ROK Rockwell Automation Inc. 0.17% 7,645 $2.5M Add +52.9%
AZZ Azz Inc. 0.16% 25,936 $2.5M Reduce -8.5%
WEC WEC Energy Group Inc. 0.16% 23,440 $2.4M Reduce -16.3%
MET Metlife Inc. 0.16% 30,000 $2.4M No change
TTWO Take-Two Interactive Softwre 0.16% 9,800 $2.4M Reduce -38.8%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.15% 70,000 $2.3M No change
PWR Quanta Services Inc. 0.15% 6,000 $2.3M No change
GOOG Alphabet Inc. Class C 0.15% 12,785 $2.3M Reduce -3.5%
CCI Crown Castle Inc. 0.13% 20,000 $2.1M No change
SNOW Snowflake Inc. 0.13% 8,540 $1.9M Add +11.9%
FHN First Horizon Corp. 0.13% 90,000 $1.9M No change
ALSN Allison Transmission Holding 0.12% 20,000 $1.9M No change
VLO Valero Energy Corp. 0.12% 14,000 $1.9M No change
TWLO Twilio Inc. Class A 0.12% 14,700 $1.8M Add +5.3%
CME Cme Group Inc. 0.11% 6,157 $1.7M Reduce -0.4%
ARM Arm Holdings PLC-ADR 0.11% 10,300 $1.7M Reduce -46.4%
B Barrick Mining Corp. 0.11% 80,000 $1.7M No change
NTNX Nutanix Inc. Class A 0.11% 21,179 $1.6M Reduce -4.5%
RCL Royal Caribbean Cruises Ltd. 0.10% 5,110 $1.6M Reduce -3.2%
WTS Watts Water Technologies-A 0.10% 6,446 $1.6M New
EME Emcor Group Inc. 0.10% 2,900 $1.6M Reduce -2.0%
CVNA Carvana Co. 0.10% 4,435 $1.5M Add +52.4%
RMD Resmed Inc. 0.10% 5,765 $1.5M Reduce -2.6%
TSLA Tesla Inc. 0.10% 4,631 $1.5M Reduce -3.6%
V Visa Inc. Class A 0.09% 4,018 $1.4M Add +73.6%
AVAV Aerovironment Inc. 0.09% 5,000 $1.4M No change
AMT American Tower Corp. 0.09% 6,000 $1.3M No change
HLI Houlihan Lokey Inc. 0.09% 7,320 $1.3M Add +69.0%
LLY Eli Lilly & Co. 0.08% 1,594 $1.2M Reduce -1.2%
BTSG Brightspring Health Services 0.08% 51,150 $1.2M New
PSX Phillips 66 0.08% 10,084 $1.2M No change
FTNT Fortinet Inc. 0.08% 10,980 $1.2M Reduce -16.2%
EXTR Extreme Networks Inc. 0.08% 64,000 $1.1M No change
EAT Brinker International Inc. 0.07% 6,237 $1.1M Reduce -0.1%
TT Trane Technologies PLC 0.07% 2,530 $1.1M Reduce -3.1%
UBER Uber Technologies Inc. 0.07% 11,430 $1.1M Reduce -2.5%
AVPT Avepoint Inc. 0.07% 53,904 $1.0M Reduce -0.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.07% 10,000 $1.0M No change
DBX Dropbox Inc. Class A 0.06% 34,090 $975K Reduce -2.9%
PPC Pilgrim's Pride Corp. 0.06% 21,600 $972K Add +36.4%
PATH Uipath Inc. Class A 0.06% 74,290 $951K Reduce -2.2%
WMB Williams Cos Inc. 0.06% 15,000 $942K No change
DOCS Doximity Inc. Class A 0.06% 15,080 $925K Reduce -34.5%
HBAN Huntington Bancshares Inc. 0.06% 53,000 $888K No change
RDY Dr. Reddy's Laboratories-ADR 0.06% 58,430 $878K Add +35.9%
GWRE Guidewire Software Inc. 0.06% 3,710 $874K Reduce -2.4%
AIT Applied Industrial Tech Inc. 0.06% 3,757 $873K Reduce -0.8%
FN Fabrinet 0.06% 2,949 $869K No change
COR Cencora Inc. 0.06% 2,860 $858K Add +89.4%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.05% 9,000 $820K No change
DASH DoorDash Inc. Class A 0.05% 3,250 $801K Reduce -1.2%
ARLO Arlo Technologies Inc. 0.05% 46,471 $788K Reduce -0.0%
PATK Patrick Industries Inc. 0.05% 8,525 $787K Reduce -0.1%
XYL Xylem Inc. 0.05% 6,000 $776K No change
STLD Steel Dynamics Inc. 0.05% 6,000 $768K No change
YOU Clear Secure Inc. Class A 0.05% 27,662 $768K Reduce -0.5%
EXEL Exelixis Inc. 0.05% 17,156 $756K Add +25.5%
QCOM Qualcomm Inc. 0.05% 4,625 $737K Reduce -1.6%
AMAT Applied Materials Inc. 0.05% 3,906 $715K Reduce -1.3%
MWA Mueller Water Products Inc. Class A 0.04% 28,325 $681K No change
PRIM Primoris Services Corp. 0.04% 8,536 $665K No change
CORT Corcept Therapeutics Inc. 0.04% 9,019 $662K No change
PAHC Phibro Animal Health Corp. Class A 0.04% 25,874 $661K No change
ROKU Roku Inc. 0.04% 7,280 $640K Reduce -1.5%
BOX Box Inc. Class A 0.04% 18,716 $640K No change
STEP Stepstone Group Inc. Class A 0.04% 11,113 $617K No change
ALL Allstate Corp. 0.04% 3,040 $612K New
ADUS Addus Homecare Corp. 0.04% 4,951 $570K Reduce -0.1%
PLXS Plexus Corp. 0.04% 4,181 $566K No change
COLL Collegium Pharmaceutical Inc. 0.04% 19,012 $562K Reduce -0.4%
STT State Street Corp. 0.04% 5,280 $561K Reduce -0.9%
EVTC Evertec Inc. 0.04% 15,475 $558K Reduce -0.1%
CHE Chemed Corp. 0.04% 1,100 $536K No change
MMSI Merit Medical Systems Inc. 0.03% 5,616 $525K Reduce -0.6%
VMC Vulcan Materials Co. 0.03% 2,000 $522K No change
APAM Artisan Partners Asset Ma -A 0.03% 11,616 $515K Reduce -0.0%
NTRS Northern Trust Corp. 0.03% 4,000 $507K No change
ED Consolidated Edison Inc. 0.03% 5,000 $502K No change
LNTH Lantheus Holdings Inc. 0.03% 6,101 $499K No change
ETR Entergy Corp. 0.03% 6,000 $499K No change
UPWK Upwork Inc. 0.03% 36,885 $496K No change
SPSC SPS Commerce Inc. 0.03% 3,523 $479K Reduce -1.6%
EXC Exelon Corp. 0.03% 11,000 $478K No change
AMD Advanced Micro Devices 0.03% 3,313 $470K No change
MORN Morningstar Inc. 0.03% 1,450 $455K No change
CAH Cardinal Health Inc. 0.03% 2,705 $454K Reduce -61.4%
CRM Salesforce Inc. 0.03% 1,650 $450K No change
DTE DTE Energy Company 0.03% 3,000 $397K No change
BP BP PLC-Spons ADR 0.03% 12,990 $389K Add +39.9%
LYFT LYFT Inc. Class A 0.03% 24,570 $387K Reduce -2.0%
QLYS Qualys Inc. 0.02% 2,632 $376K Reduce -38.7%
PLTR Palantir Technologies Inc. Class A 0.02% 2,670 $364K Reduce -45.2%
D Dominion Energy Inc. 0.02% 6,400 $362K No change
TXN Texas Instruments Inc. 0.02% 1,669 $347K No change
CMS CMS Energy Corp. 0.02% 5,000 $346K No change
ABBV Abbvie Inc. 0.02% 1,850 $343K Reduce -2.1%
DECK Deckers Outdoor Corp. 0.02% 3,320 $342K No change
FRSH Freshworks Inc. Class A 0.02% 22,592 $337K Reduce -38.3%
FOUR SHIFT4 Payments Inc. Class A 0.02% 3,330 $330K New
FE Firstenergy Corp. 0.02% 8,000 $322K No change
WAY Waystar Holding Corp. 0.02% 7,878 $322K Reduce -38.7%
ALGN Align Technology Inc. 0.02% 1,700 $322K New
LOPE Grand Canyon Education Inc. 0.02% 1,700 $321K New
MTDR Matador Resources Co. 0.02% 6,721 $321K Reduce -38.4%
LMAT Lemaitre Vascular Inc. 0.02% 3,795 $315K Reduce -39.3%
AWI Armstrong World Industries 0.02% 1,940 $315K No change
CARG Cargurus Inc. 0.02% 9,251 $310K New
DVA Davita Inc. 0.02% 2,070 $295K No change
MNST Monster Beverage Corp. 0.02% 4,650 $291K New
PAYX Paychex Inc. 0.02% 1,936 $282K Reduce -45.7%
CBT Cabot Corp. 0.02% 3,653 $274K Reduce -38.6%
KTB Kontoor Brands Inc. 0.02% 4,110 $271K New
TOST Toast Inc. Class A 0.02% 5,685 $252K New
COP Conocophillips 0.02% 2,802 $251K Reduce -1.1%
BANF Bancfirst Corp. 0.02% 1,995 $247K Reduce -0.1%
NCLH Norwegian Cruise Line Holdin 0.02% 11,910 $242K No change
NIC Nicolet Bankshares Inc. 0.02% 1,928 $238K No change

Portfolio Sells Q1 2025 → Q2 2025
AMP Ameriprise Financial Inc. Sold out 0.00% −2.62
GMED Globus Medical Inc. Class A Sold out 0.00% −1.79
AYI Acuity Inc. Sold out 0.00% −1.45
KGC Kinross Gold Corp. Reduce -22.5% 0.62% −0.12
FANG Diamondback Energy Inc. Sold out 0.00% −0.11
IQV Iqvia Holdings Inc. Sold out 0.00% −0.11
SNPS Synopsys Inc. Sold out 0.00% −0.10
TTWO Take-Two Interactive Softwre Reduce -38.8% 0.16% −0.09
WEC WEC Energy Group Inc. Reduce -16.3% 0.16% −0.07
KMB Kimberly-Clark Corp. Sold out 0.00% −0.06
ILMN Illumina Inc. Sold out 0.00% −0.06
MCO Moody's Corp. Sold out 0.00% −0.05
ARM Arm Holdings PLC-ADR Reduce -46.4% 0.11% −0.04
PCAR Paccar Inc. Sold out 0.00% −0.04
CAH Cardinal Health Inc. Reduce -61.4% 0.03% −0.04
DOCS Doximity Inc. Class A Reduce -34.5% 0.06% −0.04
EXPD Expeditors Intl Wash Inc. Sold out 0.00% −0.04
CLX Clorox Company Sold out 0.00% −0.04
F Ford Motor Co. Sold out 0.00% −0.04
BCC Boise Cascade Co. Sold out 0.00% −0.04
FITB Fifth Third Bancorp Sold out 0.00% −0.03
EQH Equitable Holdings Inc. Sold out 0.00% −0.03
DXCM Dexcom Inc. Reduce -21.1% 0.19% −0.03
BR Broadridge Financial Solutio Sold out 0.00% −0.02
PCOR Procore Technologies Inc. Sold out 0.00% −0.02
PAYX Paychex Inc. Reduce -45.7% 0.02% −0.02
WSM Williams-Sonoma Inc. Sold out 0.00% −0.02
KMX Carmax Inc. Sold out 0.00% −0.02
MTDR Matador Resources Co. Reduce -38.4% 0.02% −0.02
CBT Cabot Corp. Reduce -38.6% 0.02% −0.02
LMAT Lemaitre Vascular Inc. Reduce -39.3% 0.02% −0.02
LLY Eli Lilly & Co. Reduce -1.2% 0.08% −0.02
FTNT Fortinet Inc. Reduce -16.2% 0.08% −0.02
AZZ Azz Inc. Reduce -8.5% 0.16% −0.02
FFIN First Finl Bankshares Inc. Sold out 0.00% −0.02
FRSH Freshworks Inc. Class A Reduce -38.3% 0.02% −0.02
QLYS Qualys Inc. Reduce -38.7% 0.02% −0.02
WAY Waystar Holding Corp. Reduce -38.7% 0.02% −0.01
AMZN Amazon.com Inc. Reduce -4.7% 0.33% −0.01
CME Cme Group Inc. Reduce -0.4% 0.11% −0.01
MMSI Merit Medical Systems Inc. Reduce -0.6% 0.03% −0.01
NTNX Nutanix Inc. Class A Reduce -4.5% 0.11% −0.01
ABBV Abbvie Inc. Reduce -2.1% 0.02% −0.01
PLTR Palantir Technologies Inc. Class A Reduce -45.2% 0.02% −0.01
AIT Applied Industrial Tech Inc. Reduce -0.8% 0.06% −0.01
GOOG Alphabet Inc. Class C Reduce -3.5% 0.15% −0.01
DBX Dropbox Inc. Class A Reduce -2.9% 0.06% −0.01
EVTC Evertec Inc. Reduce -0.1% 0.04% −0.01
COLL Collegium Pharmaceutical Inc. Reduce -0.4% 0.04% −0.01
COP Conocophillips Reduce -1.1% 0.02% −0.01

Portfolio Buys Q1 2025 → Q2 2025
FIX Comfort Systems USA Inc. Add +1812.7% 2.10% +2.03
DIS The Walt Disney Co. New 1.85% +1.85
AVGO Broadcom Inc. Add +1.3% 3.86% +1.21
NFLX Netflix Inc. Add +2.6% 3.26% +0.73
SCHW Schwab (charles) Corp. Add +54.1% 1.92% +0.70
MSFT Microsoft Corp. Add +0.8% 4.80% +0.69
KLAC KLA Corp. Add +1.5% 3.18% +0.46
APP AppLovin Corp. Class A Add +3.9% 2.59% +0.43
META Meta Platforms Inc. Class A Add +1.0% 3.50% +0.41
ANET Arista Networks Inc. Add +2.1% 2.43% +0.37
BKNG Booking Holdings Inc. Add +1.4% 3.40% +0.35
MRVL Marvell Technology Inc. Add +2.2% 1.89% +0.21
HUBB Hubbell Inc. Add +2.8% 1.91% +0.19
CDNS Cadence Design SYS Inc. Add +2.9% 2.27% +0.19
VEEV Veeva Systems Inc. Class A Add +2.8% 1.69% +0.18
HAS Hasbro Inc. Add +2.8% 2.19% +0.16
AXP American Express Co. Add +2.2% 2.73% +0.15
JPM JPMorgan Chase & Co. Add +3.3% 2.23% +0.14
TSM Taiwan Semiconductor-SP ADR Add +4.7% 0.59% +0.12
LNWO Light & Wonder Inc. Add +15.7% 0.98% +0.11
WTS Watts Water Technologies-A New 0.10% +0.10
BTSG Brightspring Health Services New 0.08% +0.08
ROK Rockwell Automation Inc. Add +52.9% 0.17% +0.07
PH Parker Hannifin Corp. Add +1.7% 3.09% +0.07
CM Can Imperial BK of Commerce Add +6.1% 0.45% +0.06
CVNA Carvana Co. Add +52.4% 0.10% +0.05
PINS Pinterest Inc. Class A Add +1.7% 1.54% +0.04
SNOW Snowflake Inc. Add +11.9% 0.13% +0.04
ALL Allstate Corp. New 0.04% +0.04
HLI Houlihan Lokey Inc. Add +69.0% 0.09% +0.03
V Visa Inc. Class A Add +73.6% 0.09% +0.03
GOOGL Alphabet Inc. Class A Add +1.5% 2.57% +0.03
COR Cencora Inc. Add +89.4% 0.06% +0.02
FOUR SHIFT4 Payments Inc. Class A New 0.02% +0.02
ALGN Align Technology Inc. New 0.02% +0.02
LOPE Grand Canyon Education Inc. New 0.02% +0.02
CARG Cargurus Inc. New 0.02% +0.02
MNST Monster Beverage Corp. New 0.02% +0.02
KTB Kontoor Brands Inc. New 0.02% +0.02
TWLO Twilio Inc. Class A Add +5.3% 0.12% +0.02
TOST Toast Inc. Class A New 0.02% +0.02
RDY Dr. Reddy's Laboratories-ADR Add +35.9% 0.06% +0.02
MPC Marathon Petroleum Corp. Add +2.1% 0.84% +0.01
EXEL Exelixis Inc. Add +25.5% 0.05% +0.01
BP BP PLC-Spons ADR Add +39.9% 0.03% +0.00
PPC Pilgrim's Pride Corp. Add +36.4% 0.06% −0.00
CCEP Coca-Cola Europacific Partne Add +5.8% 0.50% −0.01
ESTC Elastic NV Add +11.2% 0.18% −0.02
EBAY eBay Inc. Add +1.7% 1.91% −0.04
MCK McKesson Corp. Add +2.7% 2.45% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 166$2.5BKLAC, FIX, GOOGL, AVGO, AAPL
Q1 2026 162$2.0BKLAC, FIX, AAPL, AVGO, GOOGL
Q4 2025 170$1.9BAAPL, MSFT, AVGO, GOOGL, KLAC
Q3 2025 172$1.7BMSFT, AVGO, AAPL, APP, KLAC
Q2 2025 169$1.5BMSFT, AVGO, META, AAPL, BKNG
Q1 2025 179$1.3BAAPL, MSFT, COST, META, BKNG
Q4 2024 187$1.4BAAPL, MSFT, APP, COST, BKNG
Q3 2024 136$1.2BMSFT, AAPL, APP, COST, PH
Q2 2024 134$1.1BMSFT, AAPL, KLAC, COST, GOOGL
Q1 2024 178$1.7BMSFT, AAPL, META, MEDP, CDNS