Smith Salley Wealth Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Smith Salley Wealth Management reported 244 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 5.8% of the portfolio, followed by Microsoft (MSFT, 5.4%) and Nvidia (NVDA, 4.7%). Compared with Q4 2024, it opened 19 new positions, sold out of 20, added to 129 and reduced 74. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +0%) and the biggest sale an exit from Ishr CR Unvrse Usd BD ETF-Ui (IUSB).
- Most Recent 13F
- Q2 2026
- Location
- GREENSBORO, NC
- CIK
- 0001482012
- Portfolio Value
- $1.5B (Q1 2025)
- SEC Filing
- 0001062993-25-007992 ↗ filed Apr 25, 2025
Holdings Value
Holdings 244 stocks · $1.5B
| AAPL Apple Inc. | 5.80% | 398,461 | $88.5M | Add +1.1% |
| MSFT Microsoft Corp. | 5.44% | 221,048 | $83.0M | Add +0.9% |
| NVDA Nvidia Corp. | 4.68% | 658,691 | $71.4M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.43% | 98,211 | $52.3M | Add +0.3% |
| AMZN Amazon.com Inc. | 3.19% | 255,934 | $48.7M | Add +0.9% |
| META Meta Platforms Inc. Class A | 2.81% | 74,280 | $42.8M | Reduce -8.3% |
| JPM JPMorgan Chase & Co. | 2.66% | 165,454 | $40.6M | Reduce -12.1% |
| GOOG Alphabet Inc. Class C | 2.63% | 256,652 | $40.1M | Add +0.9% |
| V Visa Inc. Class A | 2.57% | 111,682 | $39.1M | Add +1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.12% | 265,933 | $32.4M | Add +1.0% |
| ABBV Abbvie Inc. | 2.07% | 150,923 | $31.6M | Reduce -11.3% |
| LOW Lowe's Cos Inc. | 1.93% | 126,425 | $29.5M | Add +1.2% |
| RTX RTX Corp. | 1.82% | 209,715 | $27.8M | Add +7.1% |
| TMO Thermo Fisher Scientific Inc. | 1.82% | 55,660 | $27.7M | Add +14.4% |
| MA Mastercard Inc. Class A | 1.79% | 49,727 | $27.3M | Add +1.3% |
| PG The Procter & Gamble Co. | 1.70% | 152,364 | $26.0M | Add +0.5% |
| ABT Abbott Laboratories | 1.54% | 177,196 | $23.5M | Add +2.8% |
| NEE Nextera Energy Inc. | 1.52% | 326,969 | $23.2M | Add +11.6% |
| LIN Linde PLC | 1.52% | 49,750 | $23.2M | Add +7.3% |
| BN Brookfield Corp. | 1.49% | 432,462 | $22.7M | Add +0.6% |
| AME Ametek Inc. | 1.46% | 129,732 | $22.3M | Add +0.8% |
| ADI Analog Devices Inc. | 1.38% | 104,318 | $21.0M | Add +1.1% |
| CVX Chevron Corp. | 1.37% | 124,520 | $20.8M | Add +1.5% |
| ROP Roper Technologies Inc. | 1.36% | 35,088 | $20.7M | Add +0.6% |
| ASML ASML Holding NV-NY Reg SHS | 1.25% | 28,830 | $19.1M | Add +2.0% |
| SPGI S&P Global Inc. | 1.24% | 37,318 | $19.0M | Add +0.6% |
| PEP Pepsico Inc. | 1.23% | 125,165 | $18.8M | Add +1.7% |
| UNP Union Pacific Corp. | 1.17% | 75,391 | $17.8M | Add +1.8% |
| MKL Markel Group Inc. | 1.12% | 9,178 | $17.2M | Add +0.6% |
| ACN Accenture PLC Class A | 1.11% | 54,336 | $17.0M | Add +1.4% |
| MDT Medtronic PLC | 1.06% | 180,276 | $16.2M | Add +2.0% |
| NXPI NXP Semiconductors NV | 1.02% | 82,293 | $15.6M | Reduce -15.7% |
| MRK Merck & Co. Inc. | 0.90% | 152,953 | $13.7M | Reduce -9.1% |
| MRVL Marvell Technology Inc. | 0.90% | 222,326 | $13.7M | Add +25.9% |
| AVGO Broadcom Inc. | 0.90% | 81,735 | $13.7M | Add +17.2% |
| ANET Arista Networks Inc. | 0.89% | 175,318 | $13.6M | Add +145.6% |
| ELV Elevance Health Inc. | 0.87% | 30,649 | $13.3M | Add +3.2% |
| CASY Casey's General Stores Inc. | 0.85% | 30,035 | $13.0M | Add +0.8% |
| PNC PNC Financial Services Group | 0.84% | 72,844 | $12.8M | Add +15.6% |
| STZ Constellation Brands Inc. Class A | 0.83% | 68,818 | $12.6M | Reduce -3.5% |
| GOOGL Alphabet Inc. Class A | 0.81% | 80,219 | $12.4M | Add +3.6% |
| TDG Transdigm Group Inc. | 0.71% | 7,881 | $10.9M | Add +3.7% |
| NOC Northrop Grumman Corp. | 0.71% | 21,214 | $10.9M | Add +0.3% |
| MBB iShares MBS ETF | 0.71% | 115,808 | $10.9M | Add +72.4% |
| CHE Chemed Corp. | 0.69% | 17,155 | $10.6M | Add +1.0% |
| CW Curtiss-Wright Corp. | 0.65% | 31,401 | $10.0M | Add +0.6% |
| XYL Xylem Inc. | 0.64% | 81,144 | $9.7M | Add +0.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.56% | 164,361 | $8.6M | Add +1.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.55% | 111,683 | $8.4M | Add +9.2% |
| FTEC Fidelity MSCI Info Tech Indx | 0.48% | 45,752 | $7.4M | Add +2.2% |
| JNJ Johnson & Johnson | 0.48% | 44,478 | $7.4M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.46% | 59,342 | $7.1M | Add +5.5% |
| HD Home Depot Inc. | 0.45% | 18,730 | $6.9M | Reduce -8.0% |
| TLT iShares 20+ Year Treasury BD | 0.42% | 70,187 | $6.4M | Add +64.7% |
| DUK Duke Energy Corp. | 0.41% | 51,757 | $6.3M | Add +0.5% |
| WMT Walmart Inc. | 0.40% | 69,983 | $6.1M | Add +0.7% |
| BAM Brookfield Asset Mgmt-A | 0.36% | 112,292 | $5.4M | Add +0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 122,146 | $5.1M | Add +2.6% |
| MCO Moody's Corp. | 0.31% | 10,075 | $4.7M | Add +3.8% |
| FBNC First Bancorp | 0.29% | 111,644 | $4.5M | No change |
| KO The Coca-Cola Co. | 0.29% | 61,239 | $4.4M | Add +1.8% |
| IEF iShares 7-10 Year Treasury B | 0.29% | 45,975 | $4.4M | Add +3.2% |
| CSCO Cisco Systems Inc. | 0.28% | 68,242 | $4.2M | Add +3.4% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.27% | 79,847 | $4.2M | Add +0.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.27% | 98,276 | $4.2M | New |
| ETN Eaton Corp. PLC | 0.27% | 15,309 | $4.2M | Add +3.0% |
| CAT Caterpillar Inc. | 0.27% | 12,617 | $4.2M | Add +48.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 14,210 | $3.9M | Add +0.1% |
| SBUX Starbucks Corp. | 0.25% | 38,898 | $3.8M | Add +3.3% |
| IEMG iShares Core MSCI Emerging | 0.25% | 69,320 | $3.7M | Add +1.4% |
| FNCL Fidelity MSCI Financial Indx | 0.24% | 53,072 | $3.7M | Add +1.4% |
| AXP American Express Co. | 0.24% | 13,350 | $3.6M | Add +1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 14,347 | $3.6M | Add +54.4% |
| VGT Vanguard Info Tech ETF | 0.23% | 6,382 | $3.5M | Reduce -1.3% |
| T AT&T Inc. | 0.22% | 120,133 | $3.4M | Add +9.1% |
| AMGN Amgen Inc. | 0.22% | 10,803 | $3.4M | Reduce -27.2% |
| TXN Texas Instruments Inc. | 0.22% | 18,542 | $3.3M | Add +0.0% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.22% | 58,531 | $3.3M | Add +0.8% |
| WFC Wells Fargo & Co. | 0.21% | 43,808 | $3.1M | Add +3.5% |
| AEP American Electric Power | 0.20% | 28,260 | $3.1M | Add +5.4% |
| QCOM Qualcomm Inc. | 0.20% | 19,891 | $3.1M | Add +2.8% |
| FHLC Fidelity MSCI Health Care | 0.20% | 43,874 | $3.0M | Add +0.7% |
| MELI MercadoLibre Inc. | 0.20% | 1,531 | $3.0M | Add +5.5% |
| HON Honeywell International Inc. | 0.19% | 13,439 | $2.8M | Reduce -14.1% |
| ENB Enbridge Inc. | 0.19% | 63,985 | $2.8M | Add +0.7% |
| CB Chubb Ltd. | 0.18% | 9,180 | $2.8M | Reduce -0.1% |
| BLK BlackRock Inc. | 0.18% | 2,895 | $2.7M | Add +11.1% |
| MCD McDonald's Corp. | 0.18% | 8,553 | $2.7M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 4,624 | $2.6M | Reduce -18.2% |
| EMR Emerson Electric Co. | 0.17% | 23,477 | $2.6M | Reduce -5.7% |
| PAYX Paychex Inc. | 0.17% | 16,644 | $2.6M | Reduce -0.1% |
| HBAN Huntington Bancshares Inc. | 0.17% | 170,036 | $2.6M | Add +0.5% |
| MS Morgan Stanley | 0.17% | 21,676 | $2.5M | Add +3.5% |
| PRF Invesco Rafi US 1000 ETF | 0.16% | 59,300 | $2.4M | Reduce -0.2% |
| IT Gartner Inc. | 0.15% | 5,524 | $2.3M | Add +5.2% |
| PGR Progressive Corp. | 0.15% | 8,070 | $2.3M | Add +4.0% |
| CRM Salesforce Inc. | 0.15% | 8,466 | $2.3M | Add +55.6% |
| ISRG Intuitive Surgical Inc. | 0.14% | 4,418 | $2.2M | Add +485.2% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 11,122 | $2.2M | Reduce -6.1% |
| AGZ iShares Agency Bond ETF | 0.14% | 19,585 | $2.1M | Add +0.6% |
Portfolio Sells Q4 2024 → Q1 2025
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.71 |
| NXPI NXP Semiconductors NV | Reduce -15.7% | 1.02% | −0.28 |
| META Meta Platforms Inc. Class A | Reduce -8.3% | 2.81% | −0.24 |
| JPM JPMorgan Chase & Co. | Reduce -12.1% | 2.66% | −0.24 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.21 |
| STZ Constellation Brands Inc. Class A | Reduce -3.5% | 0.83% | −0.18 |
| MRK Merck & Co. Inc. | Reduce -9.1% | 0.90% | −0.17 |
| USB US Bancorp | Sold out | 0.00% | −0.13 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.11 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.07 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.06 |
| HD Home Depot Inc. | Reduce -8.0% | 0.45% | −0.06 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.05 |
| BEPC Brookfield Renewable Corp. | Sold out | 0.00% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -18.2% | 0.17% | −0.04 |
| HON Honeywell International Inc. | Reduce -14.1% | 0.19% | −0.04 |
| TSLA Tesla Inc. | Reduce -3.8% | 0.07% | −0.04 |
| XLY SS Consumer Disc Select Sect | Reduce -41.5% | 0.04% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -36.1% | 0.07% | −0.04 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -43.6% | 0.05% | −0.03 |
| VGT Vanguard Info Tech ETF | Reduce -1.3% | 0.23% | −0.03 |
| EMR Emerson Electric Co. | Reduce -5.7% | 0.17% | −0.03 |
| AMGN Amgen Inc. | Reduce -27.2% | 0.22% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.02 |
| OMFL Invesco Russell 1000 DYN M/F | Sold out | 0.00% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.1% | 0.14% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -16.3% | 0.07% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -9.9% | 0.07% | −0.01 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.01 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.01 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.01 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.01 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.01 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.01 |
| MAR Marriott International Class A | Reduce -2.7% | 0.07% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.01 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -47.3% | 0.02% | −0.01 |
| FCNCA First Citizens Bcshs Class A | Reduce -0.4% | 0.09% | −0.01 |
| CVS CVS Health Corp. | Reduce -48.2% | 0.04% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 0.14% | −0.01 |
| KLAC KLA Corp. | Reduce -24.4% | 0.04% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -6.1% | 0.14% | −0.01 |
| HUBS HubSpot Inc. | Reduce -19.0% | 0.02% | −0.01 |
| LRGF iShares US Equity Factor ETF | Reduce -4.9% | 0.09% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -12.0% | 0.04% | −0.01 |
| AFL Aflac Inc. | Reduce -24.8% | 0.03% | −0.01 |
| AXON Axon Enterprise Inc. | Reduce -14.8% | 0.02% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 3.43% | +0.58 |
| ANET Arista Networks Inc. | Add +145.6% | 0.89% | +0.38 |
| RTX RTX Corp. | Add +7.1% | 1.82% | +0.36 |
| V Visa Inc. Class A | Add +1.0% | 2.57% | +0.32 |
| MBB iShares MBS ETF | Add +72.4% | 0.71% | +0.32 |
| ABT Abbott Laboratories | Add +2.8% | 1.54% | +0.29 |
| SHYG iShares 0-5 YR HY Corp. Bond | New | 0.27% | +0.27 |
| LIN Linde PLC | Add +7.3% | 1.52% | +0.27 |
| CVX Chevron Corp. | Add +1.5% | 1.37% | +0.22 |
| ROP Roper Technologies Inc. | Add +0.6% | 1.36% | +0.19 |
| TMO Thermo Fisher Scientific Inc. | Add +14.4% | 1.82% | +0.19 |
| TLT iShares 20+ Year Treasury BD | Add +64.7% | 0.42% | +0.18 |
| NEE Nextera Energy Inc. | Add +11.6% | 1.52% | +0.17 |
| ELV Elevance Health Inc. | Add +3.2% | 0.87% | +0.17 |
| MDT Medtronic PLC | Add +2.0% | 1.06% | +0.16 |
| MA Mastercard Inc. Class A | Add +1.3% | 1.79% | +0.13 |
| BKNG Booking Holdings Inc. | New | 0.12% | +0.12 |
| NOW ServiceNow Inc. | New | 0.12% | +0.12 |
| ISRG Intuitive Surgical Inc. | Add +485.2% | 0.14% | +0.12 |
| CHE Chemed Corp. | Add +1.0% | 0.69% | +0.11 |
| MKL Markel Group Inc. | Add +0.6% | 1.12% | +0.11 |
| IBM Intl Business Machines Corp. | Add +54.4% | 0.23% | +0.10 |
| CASY Casey's General Stores Inc. | Add +0.8% | 0.85% | +0.10 |
| TDG Transdigm Group Inc. | Add +3.7% | 0.71% | +0.10 |
| VRT Vertiv Holdings Co. Class A | New | 0.09% | +0.09 |
| IEFA iShares Core MSCI Eafe ETF | Add +9.2% | 0.55% | +0.09 |
| UNP Union Pacific Corp. | Add +1.8% | 1.17% | +0.08 |
| TJX TJX Companies Inc. | Add +1.0% | 2.12% | +0.08 |
| NOC Northrop Grumman Corp. | Add +0.3% | 0.71% | +0.07 |
| CAT Caterpillar Inc. | Add +48.0% | 0.27% | +0.07 |
| XOM Exxon Mobil Corp. | Add +5.5% | 0.46% | +0.07 |
| GS Goldman Sachs Group Inc. | Add +564.2% | 0.09% | +0.07 |
| JNJ Johnson & Johnson | Add +0.4% | 0.48% | +0.07 |
| PG The Procter & Gamble Co. | Add +0.5% | 1.70% | +0.07 |
| T AT&T Inc. | Add +9.1% | 0.22% | +0.06 |
| PNC PNC Financial Services Group | Add +15.6% | 0.84% | +0.06 |
| DUK Duke Energy Corp. | Add +0.5% | 0.41% | +0.06 |
| SPGI S&P Global Inc. | Add +0.6% | 1.24% | +0.06 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.05% | +0.05 |
| SCHX Schwab US Large-Cap ETF | New | 0.05% | +0.05 |
| KO The Coca-Cola Co. | Add +1.8% | 0.29% | +0.05 |
| AEP American Electric Power | Add +5.4% | 0.20% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +212.3% | 0.06% | +0.04 |
| MELI MercadoLibre Inc. | Add +5.5% | 0.20% | +0.04 |
| XYL Xylem Inc. | Add +0.3% | 0.64% | +0.03 |
| CRM Salesforce Inc. | Add +55.6% | 0.15% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +60.4% | 0.09% | +0.03 |
| PGR Progressive Corp. | Add +4.0% | 0.15% | +0.03 |
| SBUX Starbucks Corp. | Add +3.3% | 0.25% | +0.03 |
| PEP Pepsico Inc. | Add +1.7% | 1.23% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 275 | $2.3B | NVDA, AAPL, GOOG, MSFT, AMZN |
| Q1 2026 | 267 | $2.0B | NVDA, AAPL, MSFT, GOOG, AMZN |
| Q4 2025 | 264 | $2.0B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q3 2025 | 263 | $1.9B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q2 2025 | 255 | $1.7B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 244 | $1.5B | AAPL, MSFT, NVDA, BRK.B, AMZN |
| Q4 2024 | 245 | $1.6B | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q3 2024 | 235 | $1.5B | MSFT, AAPL, NVDA, AMZN, BRK.B |
| Q2 2024 | 225 | $1.4B | MSFT, NVDA, AAPL, AMZN, GOOG |
| Q1 2024 | 222 | $1.3B | MSFT, AAPL, NVDA, AMZN, BRK.B |