Smith Salley Wealth Management 13F annual report
Smith Salley Wealth Management is an investment fund managing more than $1.39 trillion ran by Brian May. There are currently 176 companies in Mr. May’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $169 billion.
$1.39 trillion Assets Under Management (AUM)
As of 22nd July 2024, Smith Salley Wealth Management’s top holding is 209,104 shares of Microsoft currently worth over $93.5 billion and making up 6.7% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Smith Salley Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 612,575 shares of NVIDIA Corp worth $75.7 billion, whose value fell 80.2% in the past six months.
The third-largest holding is Apple Inc worth $75.4 billion and the next is Amazon.com worth $45.6 billion, with 235,717 shares owned.
Currently, Smith Salley Wealth Management's portfolio is worth at least $1.39 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Smith Salley Wealth Management
The Smith Salley Wealth Management office and employees reside in Greensboro, North Carolina. According to the last 13-F report filed with the SEC, Brian May serves as the Chief Compliance Officer at Smith Salley Wealth Management.
Recent trades
In the most recent 13F filing, Smith Salley Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 77,785 shares worth $4.17 billion.
The investment fund also strengthened its position in Microsoft by buying
12,221 additional shares.
This makes their stake in Microsoft total 209,104 shares worth $93.5 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Smith Salley Wealth Management is getting rid of from its portfolio.
Smith Salley Wealth Management closed its position in Generac Inc on 29th July 2024.
It sold the previously owned 4,200 shares for $530 million.
Brian May also disclosed a decreased stake in Broadcom Inc by approximately 0.1%.
This leaves the value of the investment at $10.6 billion and 6,597 shares.
One of the largest hedge funds
The two most similar investment funds to Smith Salley Wealth Management are Spruce House Investment Management and Styrax Capital, L.P.. They manage $1.39 trillion and $1.39 trillion respectively.
Brian May investment strategy
Smith Salley Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 23.3% of
the total portfolio value.
The fund focuses on investments in the United States as
56.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
57% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $172 billion.
The complete list of Smith Salley Wealth Management trades based on 13F SEC filings
These positions were updated on July 29th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
6.21%
209,104
|
$93,459,133,000 | 6.71% |
| NVIDIA Corp |
965.38%
612,575
|
$75,677,529,000 | 5.44% |
| Apple Inc |
6.14%
357,986
|
$75,399,087,000 | 5.42% |
| Amazon.com Inc. |
6.68%
235,717
|
$45,552,404,000 | 3.27% |
| Alphabet Inc |
6.18%
286,436
|
$52,457,021,000 | 3.77% |
| Berkshire Hathaway Inc. |
4.87%
95,002
|
$38,646,781,000 | 2.78% |
| Meta Platforms Inc |
7.46%
75,260
|
$37,947,447,000 | 2.73% |
| JPMorgan Chase & Co. |
4.33%
182,267
|
$36,865,321,000 | 2.65% |
| Abbvie Inc |
5.25%
165,249
|
$28,343,445,000 | 2.04% |
| Visa Inc |
6.59%
106,180
|
$27,868,973,000 | 2.00% |
| Tjx Cos Inc New |
6.58%
250,588
|
$27,589,687,000 | 1.98% |
| Nxp Semiconductors N V |
6.35%
94,107
|
$25,323,134,000 | 1.82% |
| Lowes Cos Inc |
5.55%
113,309
|
$24,980,202,000 | 1.79% |
| Procter And Gamble Co |
4.63%
147,587
|
$24,340,001,000 | 1.75% |
| Thermo Fisher Scientific Inc. |
5.69%
41,583
|
$22,995,156,000 | 1.65% |
| Analog Devices Inc. |
6.77%
98,397
|
$22,460,136,000 | 1.61% |
| Ametek Inc |
7.73%
125,711
|
$20,957,261,000 | 1.51% |
| Asml Holding N V |
7.02%
20,438
|
$20,902,769,000 | 1.50% |
| Mastercard Incorporated |
7.47%
46,448
|
$20,490,817,000 | 1.47% |
| Merck & Co Inc |
5.19%
164,338
|
$20,345,104,000 | 1.46% |
| Pepsico Inc |
3.34%
122,898
|
$20,269,497,000 | 1.46% |
| NextEra Energy Inc |
4.05%
280,992
|
$19,897,032,000 | 1.43% |
| Linde Plc. |
12.25%
44,761
|
$19,641,531,000 | 1.41% |
| Roper Technologies Inc |
6.70%
33,547
|
$18,908,905,000 | 1.36% |
| RTX Corp |
6.85%
186,657
|
$18,738,517,000 | 1.35% |
| Chevron Corp. |
3.58%
119,431
|
$18,681,430,000 | 1.34% |
| Abbott Labs |
12.34%
166,397
|
$17,290,339,000 | 1.24% |
| Brookfield Corp |
5.38%
414,703
|
$17,226,748,000 | 1.24% |
| Union Pac Corp |
5.72%
74,731
|
$16,908,692,000 | 1.21% |
| Constellation Brands, Inc. |
6.56%
64,881
|
$16,692,585,000 | 1.20% |
| Elevance Health Inc |
6.17%
30,270
|
$16,402,161,000 | 1.18% |
| S&P Global Inc |
5.77%
35,974
|
$16,044,287,000 | 1.15% |
| Accenture Plc Ireland |
6.71%
47,192
|
$14,318,395,000 | 1.03% |
| Honeywell International Inc |
4.46%
65,878
|
$14,067,624,000 | 1.01% |
| Markel Group Inc |
6.51%
8,855
|
$13,952,469,000 | 1.00% |
| Diageo plc |
2.44%
100,322
|
$12,648,633,000 | 0.91% |
| Medtronic Plc |
2.00%
156,766
|
$12,339,020,000 | 0.89% |
| Caseys Gen Stores Inc |
8.36%
27,957
|
$10,667,377,000 | 0.77% |
| Xylem Inc |
5.51%
78,384
|
$10,631,164,000 | 0.76% |
| Broadcom Inc |
8.00%
6,597
|
$10,592,100,000 | 0.76% |
| Ishares Tr |
4.49%
639,288
|
$48,238,695,000 | 3.46% |
| Northrop Grumman Corp. |
5.39%
23,247
|
$10,134,418,000 | 0.73% |
| Intel Corp. |
3.60%
313,766
|
$9,717,345,000 | 0.70% |
| Pnc Finl Svcs Group Inc |
5.05%
60,928
|
$9,473,111,000 | 0.68% |
| Chemed Corp. |
6.53%
16,209
|
$8,794,532,000 | 0.63% |
| Dollar Gen Corp New |
5.36%
66,053
|
$8,734,142,000 | 0.63% |
| Fidelity Covington Trust |
2.02%
370,850
|
$24,513,219,000 | 1.76% |
| Johnson & Johnson |
0.50%
43,338
|
$6,334,246,000 | 0.45% |
| Exxon Mobil Corp. |
1.28%
54,964
|
$6,327,483,000 | 0.45% |
| Home Depot, Inc. |
4.88%
17,770
|
$6,117,031,000 | 0.44% |
| Arista Networks Inc |
12.64%
15,083
|
$5,286,374,000 | 0.38% |
| Duke Energy Corp. |
18.49%
47,772
|
$4,788,177,000 | 0.34% |
| Eaton Corp Plc |
11.35%
14,934
|
$4,682,441,000 | 0.34% |
| AMGEN Inc. |
0.49%
14,583
|
$4,556,556,000 | 0.33% |
| Walmart Inc |
2.74%
63,763
|
$4,317,375,000 | 0.31% |
| Bank America Corp |
0.96%
107,869
|
$4,289,948,000 | 0.31% |
| Brookfield Asset Managmt Ltd |
5.27%
107,609
|
$4,094,528,000 | 0.29% |
| Vanguard World Fd |
1.85%
8,483
|
$4,440,157,000 | 0.32% |
| Ishares Tr |
Opened
77,785
|
$4,169,527,000 | 0.30% |
| Vanguard Index Fds |
7.16%
22,578
|
$6,917,417,000 | 0.50% |
| Qualcomm, Inc. |
10.94%
18,981
|
$3,780,559,000 | 0.27% |
| Coca-Cola Co |
1.41%
59,298
|
$3,774,317,000 | 0.27% |
| Ishares Inc |
0.82%
69,897
|
$3,741,573,000 | 0.27% |
| Moodys Corp |
10.84%
8,762
|
$3,688,306,000 | 0.26% |
| First Bancorp N C |
Opened
111,772
|
$3,567,762,000 | 0.26% |
| Texas Instrs Inc |
3.09%
17,795
|
$3,461,750,000 | 0.25% |
| Adobe Inc |
13.89%
6,182
|
$3,434,456,000 | 0.25% |
| Cisco Sys Inc |
0.06%
68,178
|
$3,239,128,000 | 0.23% |
| American Express Co. |
0.11%
13,198
|
$3,055,997,000 | 0.22% |
| Caterpillar Inc. |
4.82%
8,676
|
$2,889,880,000 | 0.21% |
| Emerson Elec Co |
1.37%
25,449
|
$2,803,495,000 | 0.20% |
| Starbucks Corp. |
5.15%
35,767
|
$2,784,470,000 | 0.20% |
| Wells Fargo Co New |
1.29%
41,761
|
$2,480,157,000 | 0.18% |
| Chubb Limited |
1.40%
8,972
|
$2,288,468,000 | 0.16% |
| American Elec Pwr Co Inc |
0.55%
25,990
|
$2,280,333,000 | 0.16% |
| Invesco Exchange Traded Fd T |
No change
79,121
|
$3,200,639,000 | 0.23% |
| Huntington Bancshares, Inc. |
1.07%
168,820
|
$2,225,053,000 | 0.16% |
| Lockheed Martin Corp. |
0.57%
4,738
|
$2,213,235,000 | 0.16% |
| Enbridge Inc |
1.56%
60,162
|
$2,141,165,000 | 0.15% |
| IQVIA Holdings Inc |
11.97%
10,016
|
$2,117,858,000 | 0.15% |
| Gartner, Inc. |
12.52%
4,646
|
$2,086,421,000 | 0.15% |
| Nike, Inc. |
10.82%
27,470
|
$2,070,426,000 | 0.15% |
| Mondelez International Inc. |
1.26%
31,544
|
$2,064,252,000 | 0.15% |
| AT&T Inc. |
18.35%
107,111
|
$2,046,885,000 | 0.15% |
| Mcdonalds Corp |
2.81%
7,906
|
$2,014,715,000 | 0.14% |
| Paychex Inc. |
1.80%
16,890
|
$2,002,529,000 | 0.14% |
| Vanguard Specialized Funds |
16.73%
10,853
|
$1,981,250,000 | 0.14% |
| MercadoLibre Inc |
13.01%
1,181
|
$1,940,855,000 | 0.14% |
| Spdr S&p 500 Etf Tr |
3.24%
3,378
|
$1,838,454,000 | 0.13% |
| Blackrock Inc. |
1.43%
2,192
|
$1,725,425,000 | 0.12% |
| Us Bancorp Del |
1.27%
42,657
|
$1,693,467,000 | 0.12% |
| Atlantic Un Bankshares Corp |
Opened
50,885
|
$1,671,572,000 | 0.12% |
| Air Prods & Chems Inc |
0.05%
6,143
|
$1,585,198,000 | 0.11% |
| Morgan Stanley |
2.39%
16,207
|
$1,575,139,000 | 0.11% |
| International Business Machs |
1.81%
8,982
|
$1,553,511,000 | 0.11% |
| Digital Rlty Tr Inc |
16.35%
10,198
|
$1,550,627,000 | 0.11% |
| Verizon Communications Inc |
10.26%
37,383
|
$1,541,683,000 | 0.11% |
| CME Group Inc |
0.24%
7,785
|
$1,530,621,000 | 0.11% |
| Ecolab, Inc. |
13.96%
6,178
|
$1,470,419,000 | 0.11% |
| Travelers Companies Inc. |
1.39%
7,159
|
$1,455,667,000 | 0.10% |
| Eli Lilly & Co |
20.67%
1,559
|
$1,411,268,000 | 0.10% |
| Unitedhealth Group Inc |
18.83%
2,751
|
$1,400,838,000 | 0.10% |
| Synopsys, Inc. |
Opened
2,258
|
$1,343,645,000 | 0.10% |
| Select Sector Spdr Tr |
0.07%
51,320
|
$4,565,825,000 | 0.33% |
| Progressive Corp. |
90.01%
6,274
|
$1,303,175,000 | 0.09% |
| First Ctzns Bancshares Inc N |
No change
760
|
$1,279,549,000 | 0.09% |
| Invesco Exch Traded Fd Tr Ii |
27.16%
19,363
|
$1,257,648,000 | 0.09% |
| Astrazeneca plc |
1.06%
15,996
|
$1,247,548,000 | 0.09% |
| Marriott Intl Inc New |
0.12%
4,956
|
$1,198,283,000 | 0.09% |
| Salesforce Inc |
12.43%
4,629
|
$1,190,244,000 | 0.09% |
| CVS Health Corp |
Opened
20,144
|
$1,189,726,000 | 0.09% |
| Intuit Inc |
13.84%
1,768
|
$1,162,024,000 | 0.08% |
| Schwab Strategic Tr |
11.94%
58,401
|
$3,603,107,000 | 0.26% |
| Prologis Inc |
0.80%
9,072
|
$1,018,894,000 | 0.07% |
| Comcast Corp New |
0.46%
25,986
|
$1,017,602,000 | 0.07% |
| KLA Corp. |
0.96%
1,232
|
$1,015,796,000 | 0.07% |
| Vanguard Whitehall Fds |
No change
8,526
|
$1,011,135,000 | 0.07% |
| Vanguard Tax-managed Fds |
2.94%
20,268
|
$1,001,636,000 | 0.07% |
| Autodesk Inc. |
36.96%
3,924
|
$970,949,000 | 0.07% |
| Netflix Inc. |
4.90%
1,418
|
$956,980,000 | 0.07% |
| Conocophillips |
33.77%
8,260
|
$944,752,000 | 0.07% |
| Electronic Arts, Inc. |
13.46%
6,720
|
$936,293,000 | 0.07% |
| Waste Mgmt Inc Del |
2.13%
4,308
|
$919,086,000 | 0.07% |
| Eog Res Inc |
17.79%
6,409
|
$806,727,000 | 0.06% |
| Yum Brands Inc. |
3.39%
6,013
|
$796,482,000 | 0.06% |
| Brookfield Renewable Corporation |
2.17%
26,470
|
$751,222,000 | 0.05% |
| Tyler Technologies, Inc. |
4.19%
1,492
|
$750,166,000 | 0.05% |
| HeartBeam Inc |
No change
250,000
|
$642,500,000 | 0.05% |
| Marathon Pete Corp |
26.32%
3,408
|
$591,226,000 | 0.04% |
| Tesla Inc |
1.98%
2,873
|
$568,509,000 | 0.04% |
| CSX Corp. |
1.32%
16,679
|
$557,920,000 | 0.04% |
| United Parcel Service, Inc. |
3.51%
3,990
|
$546,012,000 | 0.04% |
| Generac Holdings Inc |
Closed
4,200
|
$529,788,000 | |
| Oracle Corp. |
12.77%
3,614
|
$510,297,000 | 0.04% |
| Nasdaq Inc |
3.71%
8,368
|
$504,256,000 | 0.04% |
| Costco Whsl Corp New |
1.66%
591
|
$502,538,000 | 0.04% |
| Northern Tr Corp |
No change
5,834
|
$489,939,000 | 0.04% |
| Invesco Exch Trd Slf Idx Fd |
No change
9,127
|
$479,076,000 | 0.03% |
| The Southern Co. |
49.89%
6,103
|
$473,435,000 | 0.03% |
| Aflac Inc. |
4.69%
5,219
|
$466,097,000 | 0.03% |
| Vanguard Intl Equity Index F |
20.44%
16,201
|
$824,592,000 | 0.06% |
| Marsh & McLennan Cos., Inc. |
1.28%
2,076
|
$437,405,000 | 0.03% |
| Cummins Inc. |
9.33%
1,535
|
$425,088,000 | 0.03% |
| Pulte Group Inc |
0.21%
3,849
|
$423,775,000 | 0.03% |
| Bristol-Myers Squibb Co. |
33.91%
10,143
|
$421,239,000 | 0.03% |
| Royal Bk Cda |
5.47%
3,905
|
$415,414,000 | 0.03% |
| Advanced Micro Devices Inc. |
8.93%
2,415
|
$391,737,000 | 0.03% |
| Truist Finl Corp |
37.61%
9,953
|
$386,663,000 | 0.03% |
| Allstate Corp (The) |
3.22%
2,375
|
$379,193,000 | 0.03% |
| Vanguard Index Fds |
Closed
3,015
|
$598,360,000 | |
| Novartis AG |
3.15%
3,436
|
$365,797,000 | 0.03% |
| Micron Technology Inc. |
0.29%
2,757
|
$362,628,000 | 0.03% |
| Kimberly-Clark Corp. |
No change
2,600
|
$359,320,000 | 0.03% |
| Jacobs Solutions Inc |
No change
2,555
|
$356,959,000 | 0.03% |
| Cal-Maine Foods, Inc. |
5.00%
5,700
|
$348,327,000 | 0.03% |
| Valero Energy Corp. |
26.48%
2,140
|
$335,466,000 | 0.02% |
| Ppg Inds Inc |
No change
2,637
|
$331,915,000 | 0.02% |
| Intuitive Surgical Inc |
No change
742
|
$330,221,000 | 0.02% |
| Spdr Ser Tr |
No change
3,240
|
$327,499,000 | 0.02% |
| Philip Morris International Inc |
21.45%
3,212
|
$325,449,000 | 0.02% |
| TE Connectivity Ltd |
Closed
2,215
|
$321,707,000 | |
| Live Oak Bancshares Inc |
No change
8,954
|
$313,927,000 | 0.02% |
| Norfolk Southn Corp |
4.03%
1,430
|
$307,021,000 | 0.02% |
| Globe Life Inc |
29.95%
3,648
|
$300,157,000 | 0.02% |
| General Dynamics Corp. |
11.33%
1,002
|
$290,838,000 | 0.02% |
| Applied Matls Inc |
2.56%
1,216
|
$286,964,000 | 0.02% |
| Deere & Co. |
1.17%
691
|
$258,166,000 | 0.02% |
| Nucor Corp. |
Opened
1,609
|
$254,368,000 | 0.02% |
| Altria Group Inc. |
9.04%
5,491
|
$250,113,000 | 0.02% |
| Spdr Index Shs Fds |
No change
6,880
|
$241,350,000 | 0.02% |
| ServiceNow Inc |
23.99%
301
|
$236,788,000 | 0.02% |
| Transdigm Group Incorporated |
0.54%
185
|
$236,358,000 | 0.02% |
| Cadence Design System Inc |
Opened
768
|
$236,352,000 | 0.02% |
| Cbre Group Inc |
15.01%
2,597
|
$231,419,000 | 0.02% |
| Taiwan Semiconductor Mfg Ltd |
Opened
1,289
|
$223,998,000 | 0.02% |
| Disney Walt Co |
Closed
1,774
|
$217,048,000 | |
| Chipotle Mexican Grill |
4,380.52%
3,450
|
$216,143,000 | 0.02% |
| Boeing Co. |
13.76%
1,185
|
$215,752,000 | 0.02% |
| Danaher Corp. |
5.07%
842
|
$210,326,000 | 0.02% |
| Ishares Tr |
Closed
1,827
|
$201,354,000 | |
| Ginkgo Bioworks Holdings Inc |
No change
54,000
|
$18,052,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 181 holdings | |||
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