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

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 Q2 2025 Q3 2025: $1.7B $1.7B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.5B Q2 2026

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
STLD Steel Dynamics Inc. 0.05% 6,000 $837K No change
AVPT Avepoint Inc. 0.05% 55,352 $831K Add +2.7%
RCL Royal Caribbean Cruises Ltd. 0.05% 2,550 $825K Reduce -50.1%
ARLO Arlo Technologies Inc. 0.05% 47,898 $812K Add +3.1%
CORT Corcept Therapeutics Inc. 0.04% 9,295 $773K Add +3.1%
AMAT Applied Materials Inc. 0.04% 3,762 $770K Reduce -3.7%
STEP Stepstone Group Inc. Class A 0.04% 11,419 $746K Add +2.8%
MWA Mueller Water Products Inc. Class A 0.04% 29,218 $746K Add +3.1%
EXEL Exelixis Inc. 0.04% 18,006 $744K Add +5.0%
QCOM Qualcomm Inc. 0.04% 4,345 $723K Reduce -6.0%
ROKU Roku Inc. 0.04% 7,130 $714K Reduce -2.1%
UPWK Upwork Inc. 0.04% 38,030 $706K Add +3.1%
PLTR Palantir Technologies Inc. Class A 0.04% 3,870 $706K Add +44.9%
COLL Collegium Pharmaceutical Inc. 0.04% 19,588 $685K Add +3.0%
MA Mastercard Inc. Class A 0.04% 1,171 $666K New
ALL Allstate Corp. 0.04% 3,040 $653K No change
BOX Box Inc. Class A 0.04% 19,278 $622K Add +3.0%
PLXS Plexus Corp. 0.04% 4,296 $622K Add +2.8%
VMC Vulcan Materials Co. 0.04% 2,000 $615K No change
STT State Street Corp. 0.03% 5,222 $606K Reduce -1.1%
ADUS Addus Homecare Corp. 0.03% 5,087 $600K Add +2.8%
GE General Electric filed as GE AEROSPACE 0.03% 1,967 $592K New
CCL Carnival Corp. 0.03% 19,810 $573K New
ETR Entergy Corp. 0.03% 6,000 $559K No change
HALO Halozyme Therapeutics Inc. 0.03% 7,390 $542K New
EVTC Evertec Inc. 0.03% 15,943 $539K Add +3.0%
NTRS Northern Trust Corp. 0.03% 4,000 $538K No change
PPC Pilgrim's Pride Corp. 0.03% 12,830 $522K Reduce -40.6%
APAM Artisan Partners Asset Ma -A 0.03% 11,970 $519K Add +3.0%
LYFT LYFT Inc. Class A 0.03% 23,570 $519K Reduce -4.1%
ED Consolidated Edison Inc. 0.03% 5,000 $503K No change
AMD Advanced Micro Devices 0.03% 3,093 $500K Reduce -6.6%
ORCL Oracle Corp. 0.03% 1,770 $498K New
EXC Exelon Corp. 0.03% 11,000 $495K No change
MMSI Merit Medical Systems Inc. 0.03% 5,769 $480K Add +2.7%
ABBV Abbvie Inc. 0.03% 2,050 $475K Add +10.8%
SFM Sprouts Farmers Market Inc. 0.03% 4,190 $456K New
CRM Salesforce Inc. 0.03% 1,840 $436K Add +11.5%
CAH Cardinal Health Inc. 0.02% 2,730 $429K Add +0.9%
DTE DTE Energy Company 0.02% 3,000 $424K No change
EPOL iShares MSCI Poland ETF 0.02% 12,900 $415K New
DOCS Doximity Inc. Class A 0.02% 5,570 $407K Reduce -63.1%
D Dominion Energy Inc. 0.02% 6,400 $391K No change
IBKR Interactive Brokers Gro Class A 0.02% 5,621 $387K New
AWI Armstrong World Industries 0.02% 1,940 $380K No change
SPSC SPS Commerce Inc. 0.02% 3,610 $376K Add +2.5%
LOPE Grand Canyon Education Inc. 0.02% 1,700 $373K No change
IDXX Idexx Laboratories Inc. 0.02% 580 $371K New
MTZ Mastec Inc. 0.02% 1,730 $368K New
CMS CMS Energy Corp. 0.02% 5,000 $366K No change
QLYS Qualys Inc. 0.02% 2,746 $363K Add +4.3%
CARG Cargurus Inc. 0.02% 9,703 $361K Add +4.9%
NTNX Nutanix Inc. Class A 0.02% 4,679 $348K Reduce -77.9%
LMAT Lemaitre Vascular Inc. 0.02% 3,956 $346K Add +4.2%
KTB Kontoor Brands Inc. 0.02% 4,316 $344K Add +5.0%
MORN Morningstar Inc. 0.02% 1,450 $336K No change
INCY Incyte Corp. 0.02% 3,750 $318K New
NBIX Neurocrine Biosciences Inc. 0.02% 2,260 $317K New
MTDR Matador Resources Co. 0.02% 7,018 $315K Add +4.4%
MNST Monster Beverage Corp. 0.02% 4,650 $313K No change
WAY Waystar Holding Corp. 0.02% 8,238 $312K Add +4.6%
TXN Texas Instruments Inc. 0.02% 1,687 $310K Add +1.1%
PTC PTC Inc. 0.02% 1,470 $298K New
CBT Cabot Corp. 0.02% 3,810 $290K Add +4.3%
FRSH Freshworks Inc. Class A 0.02% 23,570 $277K Add +4.3%
NIC Nicolet Bankshares Inc. 0.02% 1,989 $268K Add +3.2%
BANF Bancfirst Corp. 0.01% 2,053 $260K Add +2.9%
PANW Palo Alto Networks Inc. 0.01% 1,270 $259K New
FOUR SHIFT4 Payments Inc. Class A 0.01% 3,305 $256K Reduce -0.8%
ADSK Autodesk Inc. 0.01% 790 $251K New
DBX Dropbox Inc. Class A 0.01% 7,730 $234K Reduce -77.3%
AVAH Aveanna Healthcare Holdings 0.01% 18,258 $162K New

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

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