WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC

NORFOLK, VA · CIK 1007399 · 13F filing filed 2024-05-07

Exempt reporting adviser since 2025 · limited liability company

Private funds1 · $6.3m gross assets
Form ADV · 2026-03-12SEC adviser record

Others nearbyNorfolk, VA

As an employer

Offices in1 country
Private fundsother private 1

$3.6bn reported value +9.2% vs Q4 2023

528positions

35.3%in top 10

28 new 183 added 220 reduced 18 sold out vs Q4 2023

Holdings, Q1 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	688,588	$331.0m9.26%	9.26%	Added +5.4k	+5,404 0.8%
2	ISHARES TR RUS 1000 GRW ETF IWF	IWF	567,407	$191.2m5.35%	5.35%	Reduced -5.9k	-5,873 -1.0%
3	ISHARES TR CORE S&P500 ETF IVV	IVV	350,079	$184.0m5.15%	5.15%	Reduced -8.1k	-8,143 -2.3%
4	VANGUARD INDEX FDS VALUE ETF VTV	VTV	593,370	$96.6m2.70%	2.70%	Added +6.9k	+6,916 1.2%
5	VANGUARD INDEX FDS MID CAP ETF VO	VO	362,227	$90.5m2.53%	2.53%	Added +2.9k	+2,889 0.8%
6	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	2,524,853	$90.5m2.53%	2.53%	Reduced -10.2k	-10,178 -0.4%
7	NORFOLK SOUTHN CORP COM NSC	NSC	293,983	$74.9m2.10%	2.10%	Reduced -2.2k	-2,157 -0.7%
8	ISHARES TR US TREAS BD ETF GOVT	GOVT	3,108,176	$70.8m1.98%	1.98%	Added +166.0k	+165,957 5.6%
9	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	415,488	$68.3m1.91%	1.91%	Reduced -3.2k	-3,201 -0.8%
10	VANGUARD INDEX FDS SMALL CP ETF VB	VB	281,397	$64.3m1.80%	1.80%	Added +2.5k	+2,534 0.9%
11	APPLE INC COM AAPL	AAPL	372,033	$63.8m1.79%	1.79%	Added +574	+574 0.1%
12	INVESCO EXCHANGE TRADED FD T S&P 500 TOP 50 XLG	XLG	1,510,848	$63.7m1.78%	1.78%	Reduced -19.5k	-19,460 -1.3%
13	MICROSOFT CORP COM MSFT	MSFT	149,388	$62.9m1.76%	1.76%	Added +237	+237 0.2%
14	DBX ETF TR XTRACK USD HIGH HYLB	HYLB	1,564,624	$55.9m1.56%	1.56%	Added +432.7k	+432,749 38.2%
15	ISHARES TR RUS MID CAP ETF IWR	IWR	653,290	$54.9m1.54%	1.54%	Reduced -5.3k	-5,302 -0.8%
16	DIMENSIONAL ETF TRUST INTL CORE EQT MK DFAI	DFAI	1,815,008	$54.8m1.53%	1.53%	Added +44.0k	+43,995 2.5%
17	WISDOMTREE TR US LARGECAP DIVD DLN	DLN	681,367	$49.2m1.38%	1.38%	Added +7.8k	+7,848 1.2%
18	INVESCO EXCH TRD SLF IDX FD BULETSHS 2029 BSCT	BSCT	2,413,167	$44.2m1.24%	1.24%	Added +329.1k	+329,145 15.8%
19	INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 28 BSCS	BSCS	2,188,109	$43.9m1.23%	1.23%	Added +300.9k	+300,881 15.9%
20	INVESCO EXCH TRD SLF IDX FD BULSHS 2027 CB BSCR	BSCR	2,263,580	$43.7m1.22%	1.22%	Added +316.3k	+316,260 16.2%
21	ISHARES TR CORE MSCI EAFE IEFA	IEFA	587,420	$43.6m1.22%	1.22%	Reduced -10.7k	-10,711 -1.8%
22	INVESCO EXCH TRD SLF IDX FD INVSCO 30 CORP BSCU	BSCU	2,358,486	$38.7m1.08%	1.08%	Added +941.5k	+941,535 66.5%
23	CATERPILLAR INC COM CAT	CAT	104,102	$38.1m1.07%	1.07%	Reduced -282	-282 -0.3%
24	NVIDIA CORPORATION COM NVDA	NVDA	38,124	$34.4m0.96%	0.96%	Reduced -282	-282 -0.7%
25	SPDR SERIES TRUST PORTFLI HIGH YLD SPHY	SPHY	1,422,012	$33.4m0.93%	0.93%	New
26	ISHARES TR MSCI EAFE ETF EFA	EFA	391,634	$31.3m0.88%	0.88%	Reduced -10.7k	-10,740 -2.7%
27	AMAZON COM INC COM AMZN	AMZN	159,076	$28.7m0.80%	0.80%	Added +1.9k	+1,897 1.2%
28	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	655,571	$27.9m0.78%	0.78%	Added +187.5k	+187,474 40.0%
29	SPDR SER TR BLOOMBERG SHT TE SJNK	SJNK	1,100,767	$27.8m0.78%	0.78%	Added +315.6k	+315,589 40.2%
30	VANECK ETF TRUST FALLEN ANGEL HG ANGL	ANGL	891,820	$25.9m0.72%	0.72%	Added +230.8k	+230,779 34.9%
31	JPMORGAN CHASE & CO COM JPM	JPM	117,034	$23.4m0.66%	0.66%	Added +1.5k	+1,461 1.3%
32	JOHNSON & JOHNSON COM JNJ	JNJ	144,847	$22.9m0.64%	0.64%	Reduced -1.1k	-1,059 -0.7%
33	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	620,843	$22.5m0.63%	0.63%	Added +9.1k	+9,071 1.5%
34	INVESCO EXCH TRADED FD TR II SR LN ETF BKLN	BKLN	1,053,528	$22.3m0.62%	0.62%	Reduced -657.5k	-657,530 -38.4%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	52,029	$21.9m0.61%	0.61%	Added +1.1k	+1,125 2.2%
36	PEPSICO INC COM PEP	PEP	118,270	$20.7m0.58%	0.58%	Reduced -1.4k	-1,386 -1.2%
37	ALPHABET INC CAP STK CL A GOOGL	GOOGL	135,906	$20.5m0.57%	0.57%	Added +1.9k	+1,907 1.4%
38	ISHARES TR RUS 1000 VAL ETF IWD	IWD	114,110	$20.4m0.57%	0.57%	Added +44	+44 0.0%
39	PROCTER AND GAMBLE CO COM PG	PG	125,148	$20.3m0.57%	0.57%	Added +1.6k	+1,574 1.3%
40	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	190,543	$19.2m0.54%	0.54%	Reduced -5.5k	-5,521 -2.8%
41	ORACLE CORP COM ORCL	ORCL	152,324	$19.1m0.54%	0.54%	Added +1.8k	+1,806 1.2%
42	ISHARES TR IBONDS DEC 28 IBMQ	IBMQ	753,826	$19.0m0.53%	0.53%	Added +42.8k	+42,842 6.0%
43	ISHARES TR IBONDS DEC 27 IBMP	IBMP	746,061	$18.8m0.53%	0.53%	Added +51.7k	+51,688 7.4%
44	COSTCO WHSL CORP NEW COM COST	COST	25,377	$18.6m0.52%	0.52%	Added +139	+139 0.6%
45	ISHARES TR IBONDS DEC 26 IBMO	IBMO	724,213	$18.4m0.51%	0.51%	Added +27.5k	+27,538 4.0%
46	QUALCOMM INC COM QCOM	QCOM	108,152	$18.3m0.51%	0.51%	Added +877	+877 0.8%
47	ISHARES TR IBONDS DEC 2029 IBMR	IBMR	723,196	$18.3m0.51%	0.51%	Added +53.5k	+53,474 8.0%
48	INVESCO EXCHANGE TRADED FD T DIVID ACHIEVEV PFM	PFM	427,285	$18.2m0.51%	0.51%	Reduced -4.6k	-4,631 -1.1%
49	WALMART INC COM WMT	WMT	300,499	$18.1m0.51%	0.51%	Added +3.1k	+3,088 1.0%
50	ISHARES TR FALN ANGLS USD FALN	FALN	670,381	$18.0m0.50%	0.50%	Added +56.4k	+56,383 9.2%
51	SALESFORCE INC COM CRM	CRM	58,713	$17.7m0.49%	0.49%	Added +184	+184 0.3%
52	WASTE MGMT INC DEL COM WM	WM	82,698	$17.6m0.49%	0.49%	Reduced -269	-269 -0.3%
53	MASTERCARD INCORPORATED CL A MA	MA	35,138	$16.9m0.47%	0.47%	Added +417	+417 1.2%
54	DANAHER CORPORATION COM DHR	DHR	66,910	$16.7m0.47%	0.47%	Added +1.2k	+1,249 1.9%
55	FISERV INC COM FISV	FISV	104,486	$16.7m0.47%	0.47%	Added +1.2k	+1,236 1.2%
56	CHEVRON CORP NEW COM CVX	CVX	98,709	$15.6m0.44%	0.44%	Added +3.5k	+3,476 3.6%
57	ISHARES TR IBOXX INV CP ETF LQD	LQD	137,722	$15.0m0.42%	0.42%	Added +24.2k	+24,152 21.3%
58	ISHARES TR RUSSELL 2000 ETF IWM	IWM	67,241	$14.1m0.40%	0.40%	Added +38	+38 0.1%
59	UNITEDHEALTH GROUP INC COM UNH	UNH	28,553	$14.1m0.40%	0.40%	Added +671	+671 2.4%
60	RTX CORPORATION COM RTX	RTX	141,283	$13.8m0.39%	0.39%	Added +4.1k	+4,055 3.0%
61	TEXAS INSTRS INC COM TXN	TXN	76,434	$13.3m0.37%	0.37%	Reduced -201	-201 -0.3%
62	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	125,586	$13.3m0.37%	0.37%	Added +3.5k	+3,543 2.9%
63	SCHWAB CHARLES CORP COM SCHW	SCHW	182,363	$13.2m0.37%	0.37%	Added +4.2k	+4,224 2.4%
64	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	25,187	$13.2m0.37%	0.37%	Added +297	+297 1.2%
65	HONEYWELL INTL INC COM COM		64,168	$13.2m0.37%	0.37%	Added +1.8k	+1,780 2.9%
66	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	95,636	$13.1m0.37%	0.37%	Added +1.4k	+1,398 1.5%
67	BOOKING HOLDINGS INC COM BKNG	BKNG	3,615	$13.1m0.37%	0.37%	Added +73	+73 2.1%
68	ISHARES TR CORE S&P SCP ETF IJR	IJR	118,651	$13.1m0.37%	0.37%	Added +182	+182 0.1%
69	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	255,346	$13.0m0.36%	0.36%	New
70	ADOBE INC COM ADBE	ADBE	25,653	$12.9m0.36%	0.36%	Added +764	+764 3.1%
71	AUTODESK INC COM ADSK	ADSK	49,535	$12.9m0.36%	0.36%	Added +858	+858 1.8%
72	PAYPAL HLDGS INC COM PYPL	PYPL	190,388	$12.8m0.36%	0.36%	Added +6.2k	+6,211 3.4%
73	ISHARES TR CORE US AGGBD ET AGG	AGG	128,326	$12.6m0.35%	0.35%	Added +4.1k	+4,123 3.3%
74	DOLLAR TREE INC COM DLTR	DLTR	93,847	$12.5m0.35%	0.35%	Reduced -4.1k	-4,072 -4.2%
75	DIMENSIONAL ETF TRUST EMGR CRE EQT MNG DFAE	DFAE	490,963	$12.1m0.34%	0.34%	Added +9.5k	+9,500 2.0%
76	ZOETIS INC CL A ZTS	ZTS	69,877	$11.8m0.33%	0.33%	Added +1.8k	+1,836 2.7%
77	SYNOPSYS INC COM SNPS	SNPS	20,098	$11.5m0.32%	0.32%	New
78	LABORATORY CORP AMER HLDGS COM NEW COM NEW		52,537	$11.5m0.32%	0.32%	Added +1.6k	+1,574 3.1%
79	AKAMAI TECHNOLOGIES INC COM AKAM	AKAM	104,850	$11.4m0.32%	0.32%	Added +2.6k	+2,602 2.5%
80	ELI LILLY & CO COM LLY	LLY	14,613	$11.4m0.32%	0.32%	Reduced -141	-141 -1.0%
81	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	113,689	$10.4m0.29%	0.29%	Reduced -71.2k	-71,227 -38.5%
82	ISHARES TR NATIONAL MUN ETF MUB	MUB	96,378	$10.4m0.29%	0.29%	Reduced -3.3k	-3,256 -3.3%
83	DROPBOX INC CL A DBX	DBX	421,696	$10.2m0.29%	0.29%	Added +12.0k	+11,963 2.9%
84	PALO ALTO NETWORKS INC COM PANW	PANW	35,999	$10.2m0.29%	0.29%	Added +14.7k	+14,732 69.3%
85	HOME DEPOT INC COM HD	HD	26,284	$10.1m0.28%	0.28%	Added +3.0k	+3,014 12.9%
86	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	65,648	$9.7m0.27%	0.27%	Added +4.6k	+4,587 7.5%
87	EXXON MOBIL CORP COM XOM	XOM	80,336	$9.3m0.26%	0.26%	Reduced -4.6k	-4,627 -5.5%
88	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	7,833	$8.8m0.25%	0.25%	Added +112	+112 1.4%
89	DISNEY WALT CO COM DIS	DIS	72,019	$8.8m0.25%	0.25%	Reduced -813	-813 -1.1%
90	ALPHABET INC CAP STK CL C GOOG	GOOG	57,282	$8.7m0.24%	0.24%	Reduced -280	-280 -0.5%
91	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	32,648	$8.5m0.24%	0.24%	Added +603	+603 1.9%
92	ISHARES TR 3 7 YR TREAS BD IEI	IEI	73,210	$8.5m0.24%	0.24%	Reduced -49.9k	-49,862 -40.5%
93	PIMCO ETF TR ACTIVE BD ETF BOND	BOND	91,391	$8.4m0.23%	0.23%	Reduced -18.0k	-17,991 -16.4%
94	ISHARES TR SHORT TREAS BD SHV	SHV	72,543	$8.0m0.22%	0.22%	Reduced -2.6k	-2,583 -3.4%
95	ABBVIE INC COM ABBV	ABBV	41,861	$7.6m0.21%	0.21%	Added +7.4k	+7,446 21.6%
96	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	327,045	$7.5m0.21%	0.21%	New
97	ISHARES TR RUS MDCP VAL ETF IWS	IWS	59,958	$7.5m0.21%	0.21%	Reduced -2.0k	-2,047 -3.3%
98	SCHLUMBERGER LTD COM STK SLB	SLB	126,824	$7.0m0.19%	0.19%	Added +2.4k	+2,364 1.9%
99	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	20,129	$6.9m0.19%	0.19%	Added +169	+169 0.8%
100	PRA GROUP INC COM PRAA	PRAA	256,381	$6.7m0.19%	0.19%	Reduced -37.2k	-37,202 -12.7%

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
SPLUNK INC SPLK	SPLK	92,332	$14.1m92.3k shares
J P MORGAN EXCHANGE TRADED F JEPI	JEPI	17,804	$978.9k17.8k shares
ISHARES TR IXG	IXG	11,832	$929.7k11.8k shares
ISHARES TR EXI	EXI	6,808	$867.5k6.8k shares
OMNICOM GROUP INC OMC	OMC	4,558	$394.3k4.6k shares
FLEXSHARES TR RAVI	RAVI	5,210	$390.9k5.2k shares
FLEXSHARES TR MBSD	MBSD	16,813	$345.7k16.8k shares
CARTERS INC CRI	CRI	4,595	$344.1k4.6k shares
INVESCO EXCH TRD SLF IDX FD BSMS	BSMS	14,133	$335.7k14.1k shares
SCHWAB STRATEGIC TR SCHQ	SCHQ	9,240	$324.1k9.2k shares
ONEOK INC NEW OKE	OKE	3,462	$243.1k3.5k shares
ECOLAB INC ECL	ECL	1,177	$233.5k1.2k shares
REGIONS FINANCIAL CORP NEW RF	RF	11,863	$229.9k11.9k shares
QUIDELORTHO CORP QDEL	QDEL	3,075	$226.6k3.1k shares
SONY GROUP CORP SONY	SONY	2,359	$223.4k2.4k shares
LIVENT CORP		10,200	$183.4k10.2k shares
VANECK ETF TRUST VNM	VNM	12,506	$161.6k12.5k shares
ARCUTIS BIOTHERAPEUTICS INC ARQT	ARQT	20,000	$64.6k20.0k shares