Smith Salley Wealth Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Smith Salley Wealth Management reported 263 stock positions worth $1.9 billion. Its top holding was Nvidia (NVDA) at 7.8% of the portfolio, followed by Microsoft (MSFT, 6.3%) and Apple (AAPL, 5.4%). Compared with Q2 2025, it opened 17 new positions, sold out of 9, added to 120 and reduced 76. The biggest buy was Alphabet Class C (GOOG, shares +3%) and the biggest sale an exit from Constellation Brands Class A (STZ).
- Most Recent 13F
- Q2 2026
- Location
- GREENSBORO, NC
- CIK
- 0001482012
- Portfolio Value
- $1.9B (Q3 2025)
- SEC Filing
- 0001062993-25-016209 ↗ filed Oct 20, 2025
Holdings Value
Holdings 263 stocks · $1.9B
| NVDA Nvidia Corp. | 7.76% | 808,419 | $150.8M | Add +1.3% |
| MSFT Microsoft Corp. | 6.26% | 234,981 | $121.7M | Add +4.0% |
| AAPL Apple Inc. | 5.38% | 410,211 | $104.5M | Add +0.8% |
| GOOG Alphabet Inc. Class C | 3.43% | 273,963 | $66.7M | Add +3.4% |
| AMZN Amazon.com Inc. | 3.10% | 274,797 | $60.3M | Add +4.3% |
| META Meta Platforms Inc. Class A | 3.01% | 79,603 | $58.5M | Add +3.7% |
| JPM JPMorgan Chase & Co. | 2.74% | 169,084 | $53.3M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.65% | 102,385 | $51.5M | Add +1.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.08% | 280,324 | $40.5M | Add +2.5% |
| V Visa Inc. Class A | 2.08% | 118,149 | $40.3M | Add +2.7% |
| RTX RTX Corp. | 1.96% | 227,175 | $38.0M | Add +4.5% |
| ABBV Abbvie Inc. | 1.89% | 158,917 | $36.8M | Add +3.2% |
| LOW Lowe's Cos Inc. | 1.72% | 133,055 | $33.4M | Add +2.8% |
| AVGO Broadcom Inc. | 1.64% | 96,666 | $31.9M | Add +18.7% |
| BN Brookfield Corp. | 1.55% | 439,430 | $30.1M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 1.50% | 51,227 | $29.1M | Reduce -0.5% |
| ASML ASML Holding NV-NY Reg SHS | 1.49% | 29,943 | $29.0M | Add +0.4% |
| TMO Thermo Fisher Scientific Inc. | 1.47% | 58,846 | $28.5M | Add +3.1% |
| ANET Arista Networks Inc. | 1.45% | 192,794 | $28.1M | Add +4.8% |
| ADI Analog Devices Inc. | 1.38% | 109,416 | $26.9M | Add +1.9% |
| NEE Nextera Energy Inc. | 1.36% | 350,912 | $26.5M | Add +3.9% |
| LIN Linde PLC | 1.31% | 53,393 | $25.4M | Add +3.6% |
| ABT Abbott Laboratories | 1.29% | 187,603 | $25.1M | Add +3.0% |
| PG The Procter & Gamble Co. | 1.28% | 161,816 | $24.9M | Add +3.7% |
| AME Ametek Inc. | 1.27% | 131,257 | $24.7M | Reduce -1.0% |
| MRVL Marvell Technology Inc. | 1.24% | 286,124 | $24.1M | Add +0.8% |
| CVX Chevron Corp. | 1.00% | 125,256 | $19.5M | Reduce -0.9% |
| NXPI NXP Semiconductors NV | 0.97% | 83,144 | $18.9M | Reduce -1.3% |
| SPGI S&P Global Inc. | 0.97% | 38,886 | $18.9M | Add +1.4% |
| UNP Union Pacific Corp. | 0.97% | 79,398 | $18.8M | Add +2.4% |
| GOOGL Alphabet Inc. Class A | 0.94% | 75,334 | $18.3M | Reduce -9.4% |
| CW Curtiss-Wright Corp. | 0.92% | 32,990 | $17.9M | Add +1.4% |
| PEP Pepsico Inc. | 0.92% | 127,207 | $17.9M | Add +0.1% |
| ROP Roper Technologies Inc. | 0.91% | 35,471 | $17.7M | Reduce -1.1% |
| MKL Markel Group Inc. | 0.91% | 9,225 | $17.6M | Reduce -1.3% |
| CASY Casey's General Stores Inc. | 0.89% | 30,652 | $17.3M | Reduce -0.0% |
| PNC PNC Financial Services Group | 0.80% | 77,578 | $15.6M | Add +3.3% |
| MDT Medtronic PLC | 0.79% | 161,737 | $15.4M | Reduce -0.6% |
| LLY Eli Lilly & Co. | 0.76% | 19,455 | $14.8M | Add +1043.7% |
| MBB iShares MBS ETF | 0.74% | 151,508 | $14.4M | Add +6.3% |
| ACN Accenture PLC Class A | 0.73% | 57,542 | $14.2M | Add +2.5% |
| NOC Northrop Grumman Corp. | 0.67% | 21,452 | $13.1M | Reduce -0.8% |
| ELV Elevance Health Inc. | 0.66% | 39,852 | $12.9M | Add +26.0% |
| XYL Xylem Inc. | 0.62% | 81,613 | $12.0M | Reduce -1.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.56% | 206,655 | $11.0M | Add +24.4% |
| TDG Transdigm Group Inc. | 0.55% | 8,111 | $10.7M | Reduce -0.4% |
| AZN Astrazeneca PLC-Spons ADR | 0.54% | 136,228 | $10.5M | Add +770.4% |
| FTEC Fidelity MSCI Info Tech Indx | 0.52% | 45,544 | $10.1M | Reduce -1.0% |
| CL Colgate-Palmolive Co. | 0.52% | 125,787 | $10.1M | Add +698.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.50% | 111,749 | $9.8M | Reduce -0.8% |
| JNJ Johnson & Johnson | 0.49% | 51,430 | $9.5M | Add +11.9% |
| XOM Exxon Mobil Corp. | 0.44% | 75,176 | $8.5M | Add +16.5% |
| WMT Walmart Inc. | 0.43% | 81,486 | $8.4M | Add +8.1% |
| HD Home Depot Inc. | 0.42% | 19,919 | $8.1M | Add +0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 141,543 | $7.3M | Add +12.9% |
| CAT Caterpillar Inc. | 0.37% | 15,263 | $7.3M | Add +16.9% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.37% | 132,375 | $7.2M | Add +6.4% |
| TLT iShares 20+ Year Treasury BD | 0.35% | 75,855 | $6.8M | Add +6.9% |
| DUK Duke Energy Corp. | 0.35% | 54,622 | $6.8M | Add +0.8% |
| CHE Chemed Corp. | 0.34% | 14,570 | $6.5M | Reduce -17.0% |
| BAM Brookfield Asset Mgmt-A | 0.34% | 114,448 | $6.5M | Reduce -1.5% |
| ETN Eaton Corp. PLC | 0.32% | 16,796 | $6.3M | Add +5.8% |
| FBNC First Bancorp | 0.30% | 110,644 | $5.9M | Reduce -0.9% |
| KO The Coca-Cola Co. | 0.27% | 78,247 | $5.2M | Add +19.4% |
| MCO Moody's Corp. | 0.26% | 10,800 | $5.1M | Add +3.3% |
| CSCO Cisco Systems Inc. | 0.25% | 71,461 | $4.9M | Add +2.9% |
| VGT Vanguard Info Tech ETF | 0.25% | 6,428 | $4.8M | Reduce -0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.24% | 13,977 | $4.6M | No change |
| IEMG iShares Core MSCI Emerging | 0.23% | 69,249 | $4.6M | Reduce -0.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.23% | 104,523 | $4.5M | Add +6.0% |
| UNH Unitedhealth Group Inc. | 0.23% | 12,873 | $4.4M | Add +89.5% |
| BLK BlackRock Inc. | 0.22% | 3,695 | $4.3M | Add +21.1% |
| AXP American Express Co. | 0.22% | 12,947 | $4.3M | Reduce -1.7% |
| FNCL Fidelity MSCI Financial Indx | 0.22% | 56,102 | $4.3M | Add +4.3% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.21% | 58,093 | $4.1M | Reduce -0.9% |
| MS Morgan Stanley | 0.21% | 25,745 | $4.1M | Add +20.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 14,122 | $4.0M | Add +0.5% |
| MELI MercadoLibre Inc. | 0.20% | 1,696 | $4.0M | Add +3.9% |
| T AT&T Inc. | 0.20% | 140,333 | $4.0M | Add +13.3% |
| WFC Wells Fargo & Co. | 0.19% | 43,894 | $3.7M | Add +1.5% |
| TXN Texas Instruments Inc. | 0.19% | 19,768 | $3.6M | Add +4.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.19% | 6,019 | $3.6M | Add +32.8% |
| SBUX Starbucks Corp. | 0.18% | 41,515 | $3.5M | Reduce -1.6% |
| MCD McDonald's Corp. | 0.18% | 11,469 | $3.5M | Add +22.8% |
| ENB Enbridge Inc. | 0.18% | 67,796 | $3.4M | Add +2.1% |
| VRT Vertiv Holdings Co. Class A | 0.18% | 22,555 | $3.4M | Add +4.6% |
| QCOM Qualcomm Inc. | 0.17% | 20,427 | $3.4M | Add +3.7% |
| NOW ServiceNow Inc. | 0.17% | 3,590 | $3.3M | Add +34.9% |
| AEP American Electric Power | 0.17% | 29,131 | $3.3M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 0.17% | 38,842 | $3.3M | Reduce -74.9% |
| BKNG Booking Holdings Inc. | 0.17% | 599 | $3.2M | Add +26.6% |
| CRM Salesforce Inc. | 0.17% | 13,541 | $3.2M | Add +41.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 4,736 | $3.2M | Reduce -3.1% |
| TSLA Tesla Inc. | 0.16% | 6,986 | $3.1M | Add +27.6% |
| HBAN Huntington Bancshares Inc. | 0.16% | 178,626 | $3.1M | Add +1.9% |
| NFLX Netflix Inc. | 0.16% | 2,565 | $3.1M | Add +16.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.16% | 6,404 | $3.1M | Reduce -4.2% |
| AMGN Amgen Inc. | 0.16% | 10,756 | $3.0M | Add +0.5% |
| FHLC Fidelity MSCI Health Care | 0.15% | 43,475 | $2.9M | Reduce -1.6% |
| EMR Emerson Electric Co. | 0.15% | 22,161 | $2.9M | Reduce -8.2% |
Portfolio Sells Q2 2025 → Q3 2025
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.68 |
| MRK Merck & Co. Inc. | Reduce -74.9% | 0.17% | −0.54 |
| ROP Roper Technologies Inc. | Reduce -1.1% | 0.91% | −0.27 |
| MA Mastercard Inc. Class A | Reduce -0.5% | 1.50% | −0.17 |
| MKL Markel Group Inc. | Reduce -1.3% | 0.91% | −0.17 |
| TDG Transdigm Group Inc. | Reduce -0.4% | 0.55% | −0.17 |
| CHE Chemed Corp. | Reduce -17.0% | 0.34% | −0.16 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.14 |
| IT Gartner Inc. | Sold out | 0.00% | −0.14 |
| AME Ametek Inc. | Reduce -1.0% | 1.27% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -0.2% | 2.74% | −0.10 |
| NXPI NXP Semiconductors NV | Reduce -1.3% | 0.97% | −0.09 |
| CVX Chevron Corp. | Reduce -0.9% | 1.00% | −0.05 |
| SBUX Starbucks Corp. | Reduce -1.6% | 0.18% | −0.04 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.8% | 0.50% | −0.04 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.04 |
| HON Honeywell International Inc. | Reduce -0.8% | 0.15% | −0.04 |
| EMR Emerson Electric Co. | Reduce -8.2% | 0.15% | −0.04 |
| BAM Brookfield Asset Mgmt-A | Reduce -1.5% | 0.34% | −0.04 |
| BN Brookfield Corp. | Reduce -0.5% | 1.55% | −0.03 |
| MDT Medtronic PLC | Reduce -0.6% | 0.79% | −0.03 |
| INTU Intuit Inc. | Reduce -0.8% | 0.08% | −0.02 |
| LRGF iShares US Equity Factor ETF | Reduce -21.9% | 0.07% | −0.02 |
| CB Chubb Ltd. | Reduce -1.3% | 0.14% | −0.02 |
| AXP American Express Co. | Reduce -1.7% | 0.22% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Reduce -13.8% | 0.06% | −0.02 |
| PM Philip Morris International | Reduce -9.6% | 0.04% | −0.01 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.01 |
| FHLC Fidelity MSCI Health Care | Reduce -1.6% | 0.15% | −0.01 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.01 |
| CASY Casey's General Stores Inc. | Reduce -0.0% | 0.89% | −0.01 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.1% | 0.16% | −0.01 |
| VFLO Victoryshares Free Cash Flow | Sold out | 0.00% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.2% | 0.16% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -1.3% | 0.09% | −0.01 |
| FSTA Fidelity MSCI Cons Stap Indx | Reduce -1.0% | 0.06% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -44.4% | 0.01% | −0.01 |
| FIDU Fidelity MSCI Indust Indx | Reduce -0.8% | 0.13% | −0.01 |
| TFC Truist Financial Corp. | Reduce -12.8% | 0.04% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -9.8% | 0.06% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -33.0% | 0.01% | −0.01 |
| FCOM Fidelity MSCI Comm Serv Indx | Reduce -0.9% | 0.21% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -0.8% | 0.23% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -20.7% | 0.02% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -1.6% | 0.12% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -15.3% | 0.02% | −0.01 |
| AUB Atlantic Union Bankshares Co. | Reduce -5.7% | 0.11% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -7.6% | 0.04% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +3.4% | 3.43% | +0.71 |
| LLY Eli Lilly & Co. | Add +1043.7% | 0.76% | +0.69 |
| AAPL Apple Inc. | Add +0.8% | 5.38% | +0.55 |
| AZN Astrazeneca PLC-Spons ADR | Add +770.4% | 0.54% | +0.47 |
| NVDA Nvidia Corp. | Add +1.3% | 7.76% | +0.47 |
| CL Colgate-Palmolive Co. | Add +698.5% | 0.52% | +0.43 |
| ANET Arista Networks Inc. | Add +4.8% | 1.45% | +0.36 |
| AVGO Broadcom Inc. | Add +18.7% | 1.64% | +0.34 |
| ABBV Abbvie Inc. | Add +3.2% | 1.89% | +0.24 |
| ADP Automatic Data Processing | Add +945.8% | 0.15% | +0.13 |
| TJX TJX Companies Inc. | Add +2.5% | 2.08% | +0.13 |
| TMO Thermo Fisher Scientific Inc. | Add +3.1% | 1.47% | +0.13 |
| MU Micron Technology Inc. | Add +462.1% | 0.15% | +0.13 |
| RTX RTX Corp. | Add +4.5% | 1.96% | +0.12 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.4% | 1.49% | +0.11 |
| UNH Unitedhealth Group Inc. | Add +89.5% | 0.23% | +0.11 |
| JNJ Johnson & Johnson | Add +11.9% | 0.49% | +0.08 |
| CAT Caterpillar Inc. | Add +16.9% | 0.37% | +0.08 |
| COP Conocophillips | Add +175.2% | 0.12% | +0.08 |
| TSLA Tesla Inc. | Add +27.6% | 0.16% | +0.06 |
| LOW Lowe's Cos Inc. | Add +2.8% | 1.72% | +0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +24.4% | 0.56% | +0.06 |
| CBRE CBRE Group Inc. Class A | Add +135.8% | 0.08% | +0.05 |
| NKE Nike Inc. Class B | New | 0.04% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +32.8% | 0.19% | +0.04 |
| AMAT Applied Materials Inc. | Add +154.9% | 0.06% | +0.04 |
| BLK BlackRock Inc. | Add +21.1% | 0.22% | +0.04 |
| MS Morgan Stanley | Add +20.5% | 0.21% | +0.04 |
| PH Parker Hannifin Corp. | Add +186.6% | 0.06% | +0.04 |
| XOM Exxon Mobil Corp. | Add +16.5% | 0.44% | +0.03 |
| BAC Bank of America Corp. | Add +12.9% | 0.38% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | New | 0.03% | +0.03 |
| IBDR iShares Ibonds Dec 2026 Term | New | 0.03% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +107.5% | 0.05% | +0.02 |
| MCD McDonald's Corp. | Add +22.8% | 0.18% | +0.02 |
| BX Blackstone Inc. | Add +16.3% | 0.13% | +0.02 |
| IBDT iShares Ibonds Dec 2028 ETF | New | 0.02% | +0.02 |
| BSCP Invesco Bulletshares 2025 CB | New | 0.02% | +0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | New | 0.02% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +4.6% | 0.18% | +0.01 |
| EFA iShares MSCI Eafe ETF | New | 0.01% | +0.01 |
| CRM Salesforce Inc. | Add +41.4% | 0.17% | +0.01 |
| AMD Advanced Micro Devices | New | 0.01% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +119.8% | 0.03% | +0.01 |
| IQV Iqvia Holdings Inc. | Add +3.8% | 0.13% | +0.01 |
| MRSH Marsh & McLennan Cos | Add +58.4% | 0.05% | +0.01 |
| GEV GE Vernova Inc. | New | 0.01% | +0.01 |
| OR Or Royalties Inc. | New | 0.01% | +0.01 |
| NOW ServiceNow Inc. | Add +34.9% | 0.17% | +0.01 |
| GLD SPDR Gold Shares | New | 0.01% | +0.01 |
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 |