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.

Limited to 30 biggest holdings

$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