Smith Group Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Smith Group Asset Management, LLC reported 172 stock positions worth $1.7 billion. Its top holding was Microsoft (MSFT) at 4.6% of the portfolio, followed by Broadcom (AVGO, 4.3%) and Apple (AAPL, 4.0%). Compared with Q2 2025, it opened 21 new positions, sold out of 18, added to 83 and reduced 35. The biggest buy was a new position in Analog Devices (ADI) and the biggest sale an exit from Marvell Technology (MRVL).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001893134
- Portfolio Value
- $1.7B (Q3 2025)
- SEC Filing
- 0001893134-25-000007 ↗ filed Nov 13, 2025
Holdings Value
Holdings 172 stocks · $1.7B
| MSFT Microsoft Corp. | 4.60% | 154,587 | $80.1M | Add +5.0% |
| AVGO Broadcom Inc. | 4.28% | 225,679 | $74.5M | Add +5.7% |
| AAPL Apple Inc. | 4.03% | 275,543 | $70.2M | Add +6.3% |
| APP AppLovin Corp. Class A | 3.56% | 86,327 | $62.0M | Reduce -23.6% |
| KLAC KLA Corp. | 3.54% | 57,109 | $61.6M | Add +5.6% |
| GOOGL Alphabet Inc. Class A | 3.23% | 231,150 | $56.2M | Add +3.9% |
| META Meta Platforms Inc. Class A | 3.19% | 75,549 | $55.5M | Add +4.6% |
| ANET Arista Networks Inc. | 3.10% | 370,708 | $54.0M | Add +2.4% |
| PH Parker Hannifin Corp. | 3.10% | 71,157 | $53.9M | Add +5.4% |
| FIX Comfort Systems USA Inc. | 2.97% | 62,660 | $51.7M | Add +4.7% |
| BKNG Booking Holdings Inc. | 2.92% | 9,416 | $50.8M | Add +5.0% |
| COST Costco Wholesale Corp. | 2.87% | 53,984 | $50.0M | Add +5.4% |
| NFLX Netflix Inc. | 2.68% | 38,862 | $46.6M | Add +4.7% |
| AXP American Express Co. | 2.60% | 136,081 | $45.2M | Add +4.3% |
| MEDP Medpace Holdings Inc. | 2.58% | 87,205 | $44.8M | Add +6.1% |
| MCK McKesson Corp. | 2.42% | 54,412 | $42.0M | Add +6.7% |
| CDNS Cadence Design SYS Inc. | 2.35% | 116,504 | $40.9M | Add +3.8% |
| JPM JPMorgan Chase & Co. | 2.23% | 123,172 | $38.9M | Add +5.2% |
| EBAY eBay Inc. | 2.16% | 412,923 | $37.6M | Add +5.7% |
| WDAY Workday Inc. Class A | 2.11% | 152,404 | $36.7M | Add +31.4% |
| ADI Analog Devices Inc. | 2.10% | 148,704 | $36.5M | New |
| HAS Hasbro Inc. | 2.07% | 475,033 | $36.0M | Add +5.1% |
| CBOE Cboe Global Markets Inc. | 1.95% | 138,503 | $34.0M | Add +4.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.90% | 229,357 | $33.2M | Add +5.0% |
| ACGL Arch Capital Group Ltd. | 1.87% | 359,019 | $32.6M | Add +4.8% |
| HUBB Hubbell Inc. | 1.85% | 74,886 | $32.2M | Add +4.9% |
| SCHW Schwab (charles) Corp. | 1.84% | 336,056 | $32.1M | Add +4.8% |
| OKTA Okta Inc. | 1.77% | 335,266 | $30.7M | Add +38.1% |
| VEEV Veeva Systems Inc. Class A | 1.60% | 93,422 | $27.8M | Add +4.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.57% | 238,661 | $27.3M | Add +5.0% |
| ADBE Adobe Inc. | 1.51% | 74,662 | $26.3M | Add +48.8% |
| PGR Progressive Corp. | 1.41% | 99,679 | $24.6M | Add +5.2% |
| JNJ Johnson & Johnson | 1.38% | 129,676 | $24.0M | Add +5.6% |
| PINS Pinterest Inc. Class A | 1.28% | 691,509 | $22.2M | Add +5.3% |
| EXLS Exlservice Holdings Inc. | 1.18% | 466,906 | $20.6M | Add +4.5% |
| WAT Waters Corp. | 1.17% | 68,062 | $20.4M | Add +5.4% |
| VRTX Vertex Pharmaceuticals Inc. | 1.10% | 48,857 | $19.1M | Add +5.6% |
| XOM Exxon Mobil Corp. | 1.07% | 165,927 | $18.7M | Add +5.6% |
| MPC Marathon Petroleum Corp. | 0.90% | 81,566 | $15.7M | Add +6.4% |
| NVDA Nvidia Corp. | 0.64% | 60,047 | $11.2M | Reduce -6.8% |
| KGC Kinross Gold Corp. | 0.52% | 362,970 | $9.0M | Reduce -39.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.51% | 31,988 | $8.9M | Reduce -19.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.33% | 72,360 | $5.8M | Reduce -25.4% |
| CCEP Coca-Cola Europacific Partne | 0.32% | 62,011 | $5.6M | Reduce -25.0% |
| AMZN Amazon.com Inc. | 0.23% | 18,179 | $4.0M | Reduce -20.2% |
| CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC | 0.23% | 25,489 | $3.9M | Add +0.8% |
| RBLX Roblox Corp. Class A | 0.20% | 24,860 | $3.4M | Reduce -47.5% |
| ESTC Elastic NV | 0.17% | 35,900 | $3.0M | Add +13.3% |
| COHR Coherent Corp. | 0.17% | 27,450 | $3.0M | Reduce -14.2% |
| AZZ Azz Inc. | 0.16% | 26,131 | $2.9M | Add +0.8% |
| WEC WEC Energy Group Inc. | 0.15% | 23,440 | $2.7M | No change |
| ROK Rockwell Automation Inc. | 0.15% | 7,625 | $2.7M | Reduce -0.3% |
| B Barrick Mining Corp. | 0.15% | 80,000 | $2.6M | No change |
| GOOG Alphabet Inc. Class C | 0.15% | 10,499 | $2.6M | Reduce -17.9% |
| EAT Brinker International Inc. | 0.15% | 19,974 | $2.5M | Add +220.3% |
| PWR Quanta Services Inc. | 0.14% | 6,000 | $2.5M | No change |
| MET Metlife Inc. | 0.14% | 30,000 | $2.5M | No change |
| VLO Valero Energy Corp. | 0.14% | 14,000 | $2.4M | No change |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.13% | 70,000 | $2.3M | No change |
| DXCM Dexcom Inc. | 0.13% | 33,130 | $2.2M | No change |
| TTWO Take-Two Interactive Softwre | 0.13% | 8,440 | $2.2M | Reduce -13.9% |
| FHN First Horizon Corp. | 0.12% | 90,000 | $2.0M | No change |
| CCI Crown Castle Inc. | 0.11% | 20,000 | $1.9M | No change |
| WTS Watts Water Technologies-A | 0.10% | 6,508 | $1.8M | Add +1.0% |
| EME Emcor Group Inc. | 0.10% | 2,740 | $1.8M | Reduce -5.5% |
| ALSN Allison Transmission Holding | 0.10% | 20,000 | $1.7M | No change |
| CME Cme Group Inc. | 0.10% | 6,125 | $1.7M | Reduce -0.5% |
| CVNA Carvana Co. | 0.09% | 4,175 | $1.6M | Reduce -5.9% |
| AVAV Aerovironment Inc. | 0.09% | 5,000 | $1.6M | No change |
| BTSG Brightspring Health Services | 0.09% | 51,763 | $1.5M | Add +1.2% |
| SNOW Snowflake Inc. | 0.09% | 6,760 | $1.5M | Reduce -20.8% |
| RMD Resmed Inc. | 0.09% | 5,515 | $1.5M | Reduce -4.3% |
| TSLA Tesla Inc. | 0.09% | 3,366 | $1.5M | Reduce -27.3% |
| HLI Houlihan Lokey Inc. | 0.08% | 7,080 | $1.5M | Reduce -3.3% |
| PSX Phillips 66 | 0.08% | 10,111 | $1.4M | Add +0.3% |
| EXTR Extreme Networks Inc. | 0.08% | 64,000 | $1.3M | No change |
| V Visa Inc. Class A | 0.08% | 3,859 | $1.3M | Reduce -4.0% |
| W Wayfair Inc. Class A | 0.08% | 14,730 | $1.3M | New |
| PEGA Pegasystems Inc. | 0.07% | 21,810 | $1.3M | New |
| LLY Eli Lilly & Co. | 0.07% | 1,589 | $1.2M | Reduce -0.3% |
| PRIM Primoris Services Corp. | 0.07% | 8,796 | $1.2M | Add +3.0% |
| ARM Arm Holdings PLC-ADR | 0.07% | 8,520 | $1.2M | Reduce -17.3% |
| AMT American Tower Corp. | 0.07% | 6,000 | $1.2M | No change |
| PATH Uipath Inc. Class A | 0.06% | 84,420 | $1.1M | Add +13.6% |
| FN Fabrinet | 0.06% | 3,037 | $1.1M | Add +3.0% |
| LITE Lumentum Holdings Inc. | 0.06% | 6,790 | $1.1M | New |
| TT Trane Technologies PLC | 0.06% | 2,570 | $1.1M | Add +1.6% |
| PAHC Phibro Animal Health Corp. Class A | 0.06% | 26,679 | $1.1M | Add +3.1% |
| UBER Uber Technologies Inc. | 0.06% | 10,980 | $1.1M | Reduce -3.9% |
| BP BP PLC-Spons ADR | 0.06% | 30,699 | $1.1M | Add +136.3% |
| JBL Jabil Inc. | 0.06% | 4,860 | $1.1M | New |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.06% | 10,000 | $1.0M | No change |
| AIT Applied Industrial Tech Inc. | 0.06% | 3,864 | $1.0M | Add +2.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.06% | 9,000 | $981K | No change |
| YOU Clear Secure Inc. Class A | 0.05% | 28,501 | $951K | Add +3.0% |
| WMB Williams Cos Inc. | 0.05% | 15,000 | $950K | No change |
| HBAN Huntington Bancshares Inc. | 0.05% | 53,000 | $915K | No change |
| PATK Patrick Industries Inc. | 0.05% | 8,795 | $910K | Add +3.2% |
| XYL Xylem Inc. | 0.05% | 6,000 | $885K | No change |
| GWRE Guidewire Software Inc. | 0.05% | 3,710 | $853K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −1.89 |
| LNWO Light & Wonder Inc. | Sold out | 0.00% | −0.98 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.51 |
| CCEP Coca-Cola Europacific Partne | Reduce -25.0% | 0.32% | −0.18 |
| RBLX Roblox Corp. Class A | Reduce -47.5% | 0.20% | −0.13 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.12 |
| CM Can Imperial BK of Commerce | Reduce -25.4% | 0.33% | −0.12 |
| KGC Kinross Gold Corp. | Reduce -39.9% | 0.52% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -20.2% | 0.23% | −0.10 |
| NTNX Nutanix Inc. Class A | Reduce -77.9% | 0.02% | −0.09 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.08 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -19.1% | 0.51% | −0.07 |
| RDY Dr. Reddy's Laboratories-ADR | Sold out | 0.00% | −0.06 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -50.1% | 0.05% | −0.06 |
| COR Cencora Inc. | Sold out | 0.00% | −0.06 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.05 |
| DBX Dropbox Inc. Class A | Reduce -77.3% | 0.01% | −0.05 |
| ARM Arm Holdings PLC-ADR | Reduce -17.3% | 0.07% | −0.04 |
| SNOW Snowflake Inc. | Reduce -20.8% | 0.09% | −0.04 |
| DOCS Doximity Inc. Class A | Reduce -63.1% | 0.02% | −0.04 |
| CHE Chemed Corp. | Sold out | 0.00% | −0.04 |
| PPC Pilgrim's Pride Corp. | Reduce -40.6% | 0.03% | −0.03 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.03 |
| TTWO Take-Two Interactive Softwre | Reduce -13.9% | 0.13% | −0.03 |
| NVDA Nvidia Corp. | Reduce -6.8% | 0.64% | −0.02 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.02 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.02 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.02 |
| DVA Davita Inc. | Sold out | 0.00% | −0.02 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.02 |
| V Visa Inc. Class A | Reduce -4.0% | 0.08% | −0.02 |
| COHR Coherent Corp. | Reduce -14.2% | 0.17% | −0.02 |
| COP Conocophillips | Sold out | 0.00% | −0.02 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.02 |
| CME Cme Group Inc. | Reduce -0.5% | 0.10% | −0.02 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -0.3% | 0.15% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 0.07% | −0.01 |
| RMD Resmed Inc. | Reduce -4.3% | 0.09% | −0.01 |
| TSLA Tesla Inc. | Reduce -27.3% | 0.09% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -3.9% | 0.06% | −0.01 |
| CVNA Carvana Co. | Reduce -5.9% | 0.09% | −0.01 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -0.8% | 0.01% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -6.0% | 0.04% | −0.01 |
| HLI Houlihan Lokey Inc. | Reduce -3.3% | 0.08% | −0.00 |
| AMAT Applied Materials Inc. | Reduce -3.7% | 0.04% | −0.00 |
| AMD Advanced Micro Devices | Reduce -6.6% | 0.03% | −0.00 |
| STT State Street Corp. | Reduce -1.1% | 0.03% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -17.9% | 0.15% | −0.00 |
| ROKU Roku Inc. | Reduce -2.1% | 0.04% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| ADI Analog Devices Inc. | New | 2.10% | +2.10 |
| MEDP Medpace Holdings Inc. | Add +6.1% | 2.58% | +0.88 |
| FIX Comfort Systems USA Inc. | Add +4.7% | 2.97% | +0.87 |
| ANET Arista Networks Inc. | Add +2.4% | 3.10% | +0.67 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 3.23% | +0.66 |
| AAPL Apple Inc. | Add +6.3% | 4.03% | +0.54 |
| AVGO Broadcom Inc. | Add +5.7% | 4.28% | +0.42 |
| KLAC KLA Corp. | Add +5.6% | 3.54% | +0.36 |
| WDAY Workday Inc. Class A | Add +31.4% | 2.11% | +0.28 |
| EBAY eBay Inc. | Add +5.7% | 2.16% | +0.25 |
| ADBE Adobe Inc. | Add +48.8% | 1.51% | +0.24 |
| OKTA Okta Inc. | Add +38.1% | 1.77% | +0.18 |
| JNJ Johnson & Johnson | Add +5.6% | 1.38% | +0.15 |
| TJX TJX Companies Inc. | Add +5.0% | 1.90% | +0.14 |
| CDNS Cadence Design SYS Inc. | Add +3.8% | 2.35% | +0.08 |
| W Wayfair Inc. Class A | New | 0.08% | +0.08 |
| PEGA Pegasystems Inc. | New | 0.07% | +0.07 |
| EAT Brinker International Inc. | Add +220.3% | 0.15% | +0.07 |
| MPC Marathon Petroleum Corp. | Add +6.4% | 0.90% | +0.07 |
| LITE Lumentum Holdings Inc. | New | 0.06% | +0.06 |
| JBL Jabil Inc. | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | New | 0.04% | +0.04 |
| BP BP PLC-Spons ADR | Add +136.3% | 0.06% | +0.04 |
| GE General Electric | New | 0.03% | +0.03 |
| CCL Carnival Corp. | New | 0.03% | +0.03 |
| HALO Halozyme Therapeutics Inc. | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | New | 0.03% | +0.03 |
| SFM Sprouts Farmers Market Inc. | New | 0.03% | +0.03 |
| PRIM Primoris Services Corp. | Add +3.0% | 0.07% | +0.03 |
| EPOL iShares MSCI Poland ETF | New | 0.02% | +0.02 |
| IBKR Interactive Brokers Gro Class A | New | 0.02% | +0.02 |
| IDXX Idexx Laboratories Inc. | New | 0.02% | +0.02 |
| MTZ Mastec Inc. | New | 0.02% | +0.02 |
| PAHC Phibro Animal Health Corp. Class A | Add +3.1% | 0.06% | +0.02 |
| INCY Incyte Corp. | New | 0.02% | +0.02 |
| NBIX Neurocrine Biosciences Inc. | New | 0.02% | +0.02 |
| PTC PTC Inc. | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +44.9% | 0.04% | +0.02 |
| CVSA Covista Inc. | Add +0.8% | 0.23% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.01% | +0.01 |
| ADSK Autodesk Inc. | New | 0.01% | +0.01 |
| AVAH Aveanna Healthcare Holdings | New | 0.01% | +0.01 |
| PH Parker Hannifin Corp. | Add +5.4% | 3.10% | +0.01 |
| BTSG Brightspring Health Services | Add +1.2% | 0.09% | +0.01 |
| UPWK Upwork Inc. | Add +3.1% | 0.04% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +5.2% | 2.23% | +0.01 |
| FN Fabrinet | Add +3.0% | 0.06% | +0.01 |
| ABBV Abbvie Inc. | Add +10.8% | 0.03% | +0.00 |
| YOU Clear Secure Inc. Class A | Add +3.0% | 0.05% | +0.00 |
| AZZ Azz Inc. | Add +0.8% | 0.16% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 166 | $2.5B | KLAC, FIX, GOOGL, AVGO, AAPL |
| Q1 2026 | 162 | $2.0B | KLAC, FIX, AAPL, AVGO, GOOGL |
| Q4 2025 | 170 | $1.9B | AAPL, MSFT, AVGO, GOOGL, KLAC |
| Q3 2025 | 172 | $1.7B | MSFT, AVGO, AAPL, APP, KLAC |
| Q2 2025 | 169 | $1.5B | MSFT, AVGO, META, AAPL, BKNG |
| Q1 2025 | 179 | $1.3B | AAPL, MSFT, COST, META, BKNG |
| Q4 2024 | 187 | $1.4B | AAPL, MSFT, APP, COST, BKNG |
| Q3 2024 | 136 | $1.2B | MSFT, AAPL, APP, COST, PH |
| Q2 2024 | 134 | $1.1B | MSFT, AAPL, KLAC, COST, GOOGL |
| Q1 2024 | 178 | $1.7B | MSFT, AAPL, META, MEDP, CDNS |