Smith Salley Wealth Management

GREENSBORO, NC · CIK 1482012 · 13F filing filed 2024-10-24

SEC-registered investment adviser since 2003 · limited liability company

Assets managed$2.9bn
Staff18 · 15 in investment roles
Main clients (by assets)High net worth individuals 86%, Individuals 6%, Companies 6%
Websitesmith-salley.com
Form ADV · 2026-09-09SEC adviser record

$1.5bn reported value +9.8% vs Q2 2024

235positions

35.3%in top 10

21 new 144 added 39 reduced 11 sold out vs Q2 2024

Holdings, Q3 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	MICROSOFT CORP COM MSFT	MSFT	215,116	$92.6m6.05%	6.05%	Added +6.0k	+6,012 2.9%
2	APPLE INC COM AAPL	AAPL	390,796	$91.1m5.95%	5.95%	Added +32.8k	+32,810 9.2%
3	NVIDIA CORPORATION COM NVDA	NVDA	634,769	$77.1m5.04%	5.04%	Added +22.2k	+22,194 3.6%
4	AMAZON COM INC COM AMZN	AMZN	247,641	$46.1m3.02%	3.02%	Added +11.9k	+11,924 5.1%
5	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	97,103	$44.7m2.92%	2.92%	Added +2.1k	+2,101 2.2%
6	META PLATFORMS INC CL A META	META	77,782	$44.5m2.91%	2.91%	Added +2.5k	+2,522 3.4%
7	JPMORGAN CHASE & CO COM JPM	JPM	186,900	$39.4m2.58%	2.58%	Added +4.6k	+4,633 2.5%
8	ALPHABET INC CAP STK CL C GOOG	GOOG	230,849	$38.6m2.52%	2.52%	Added +8.2k	+8,213 3.7%
9	ABBVIE INC COM ABBV	ABBV	168,797	$33.3m2.18%	2.18%	Added +3.5k	+3,548 2.1%
10	LOWES COS INC COM LOW	LOW	123,014	$33.3m2.18%	2.18%	Added +9.7k	+9,705 8.6%
11	TJX COS INC NEW COM TJX	TJX	258,865	$30.4m1.99%	1.99%	Added +8.3k	+8,277 3.3%
12	VISA INC COM CL A V	V	109,274	$30.0m1.96%	1.96%	Added +3.1k	+3,094 2.9%
13	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	42,717	$26.4m1.73%	1.73%	Added +1.1k	+1,134 2.7%
14	PROCTER AND GAMBLE CO COM PG	PG	151,337	$26.2m1.71%	1.71%	Added +3.8k	+3,750 2.5%
15	NEXTERA ENERGY INC COM NEE	NEE	291,142	$24.6m1.61%	1.61%	Added +10.2k	+10,150 3.6%
16	MASTERCARD INCORPORATED CL A MA	MA	48,148	$23.8m1.55%	1.55%	Added +1.7k	+1,700 3.7%
17	ANALOG DEVICES INC COM ADI	ADI	101,441	$23.3m1.53%	1.53%	Added +3.0k	+3,044 3.1%
18	RTX CORPORATION COM RTX	RTX	192,210	$23.3m1.52%	1.52%	Added +5.6k	+5,553 3.0%
19	NXP SEMICONDUCTORS N V COM NXPI	NXPI	96,768	$23.2m1.52%	1.52%	Added +2.7k	+2,661 2.8%
20	BROOKFIELD CORP CL A LTD VT SH BN	BN	425,370	$22.6m1.48%	1.48%	Added +10.7k	+10,667 2.6%
21	LINDE PLC SHS LIN	LIN	45,961	$21.9m1.43%	1.43%	Added +1.2k	+1,200 2.7%
22	AMETEK INC COM AME	AME	126,829	$21.8m1.42%	1.42%	Added +1.1k	+1,118 0.9%
23	PEPSICO INC COM PEP	PEP	125,103	$21.3m1.39%	1.39%	Added +2.2k	+2,205 1.8%
24	ABBOTT LABS COM ABT	ABT	170,650	$19.5m1.27%	1.27%	Added +4.3k	+4,253 2.6%
25	ROPER TECHNOLOGIES INC COM ROP	ROP	34,385	$19.1m1.25%	1.25%	Added +838	+838 2.5%
26	MERCK & CO INC COM MRK	MRK	168,246	$19.1m1.25%	1.25%	Added +3.9k	+3,908 2.4%
27	S&P GLOBAL INC COM SPGI	SPGI	36,841	$19.0m1.24%	1.24%	Added +867	+867 2.4%
28	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	52,358	$18.5m1.21%	1.21%	Added +5.2k	+5,166 10.9%
29	CHEVRON CORP NEW COM CVX	CVX	123,190	$18.1m1.19%	1.19%	Added +3.8k	+3,759 3.1%
30	UNION PAC CORP COM UNP	UNP	73,501	$18.1m1.18%	1.18%	Reduced -1.2k	-1,230 -1.6%
31	CONSTELLATION BRANDS INC CL A STZ	STZ	70,007	$18.0m1.18%	1.18%	Added +5.1k	+5,126 7.9%
32	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	21,083	$17.6m1.15%	1.15%	Added +645	+645 3.2%
33	ELEVANCE HEALTH INC COM ELV	ELV	31,085	$16.2m1.06%	1.06%	Added +815	+815 2.7%
34	MEDTRONIC PLC SHS MDT	MDT	173,168	$15.6m1.02%	1.02%	Added +16.4k	+16,402 10.5%
35	MARKEL GROUP INC COM MKL	MKL	9,055	$14.2m0.93%	0.93%	Added +200	+200 2.3%
36	HONEYWELL INTL INC COM COM		67,153	$13.9m0.91%	0.91%	Added +1.3k	+1,275 1.9%
37	NORTHROP GRUMMAN CORP COM NOC	NOC	23,916	$12.6m0.83%	0.83%	Added +669	+669 2.9%
38	BROADCOM INC COM AVGO	AVGO	70,404	$12.1m0.79%	0.79%	Added +4.4k	+4,434 6.7%
39	MARVELL TECHNOLOGY INC COM MRVL	MRVL	167,140	$12.1m0.79%	0.79%	New
40	ALPHABET INC CAP STK CL A GOOGL	GOOGL	69,670	$11.6m0.76%	0.76%	Added +5.9k	+5,870 9.2%
41	PNC FINL SVCS GROUP INC COM PNC	PNC	62,455	$11.5m0.75%	0.75%	Added +1.5k	+1,527 2.5%
42	DIAGEO PLC SPON ADR NEW DEO	DEO	81,644	$11.5m0.75%	0.75%	Reduced -18.7k	-18,678 -18.6%
43	ISHARES TR CORE TOTAL USD IUSB	IUSB	238,470	$11.2m0.73%	0.73%	Added +9.8k	+9,763 4.3%
44	CASEYS GEN STORES INC COM CASY	CASY	29,235	$11.0m0.72%	0.72%	Added +1.3k	+1,278 4.6%
45	XYLEM INC COM XYL	XYL	80,639	$10.9m0.71%	0.71%	Added +2.3k	+2,255 2.9%
46	TRANSDIGM GROUP INC COM TDG	TDG	7,316	$10.4m0.68%	0.68%	Added +7.1k	+7,131 3854.6%
47	CHEMED CORP NEW COM CHE	CHE	16,681	$10.0m0.66%	0.66%	Added +472	+472 2.9%
48	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	159,777	$8.4m0.55%	0.55%	New
49	ISHARES TR CORE MSCI EAFE IEFA	IEFA	106,744	$8.3m0.54%	0.54%	Added +2.0k	+2,000 1.9%
50	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	46,643	$8.1m0.53%	0.53%	Added +1.4k	+1,398 3.1%
51	HOME DEPOT INC COM HD	HD	19,341	$7.8m0.51%	0.51%	Added +1.6k	+1,571 8.8%
52	JOHNSON & JOHNSON COM JNJ	JNJ	45,081	$7.3m0.48%	0.48%	Added +1.7k	+1,743 4.0%
53	EXXON MOBIL CORP COM XOM	XOM	56,332	$6.6m0.43%	0.43%	Added +1.4k	+1,368 2.5%
54	ARISTA NETWORKS INC COM COM		15,774	$6.1m0.40%	0.40%	Added +691	+691 4.6%
55	DUKE ENERGY CORP NEW COM NEW DUK	DUK	52,041	$6.0m0.39%	0.39%	Added +4.3k	+4,269 8.9%
56	WALMART INC COM WMT	WMT	70,107	$5.7m0.37%	0.37%	Added +6.3k	+6,344 9.9%
57	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	110,764	$5.2m0.34%	0.34%	Added +3.2k	+3,155 2.9%
58	EATON CORP PLC SHS ETN	ETN	15,251	$5.1m0.33%	0.33%	Added +317	+317 2.1%
59	AMGEN INC COM AMGN	AMGN	14,848	$4.8m0.31%	0.31%	Added +265	+265 1.8%
60	BANK AMERICA CORP COM BAC	BAC	120,186	$4.8m0.31%	0.31%	Added +12.3k	+12,317 11.4%
61	FIRST BANCORP N C COM FBNC	FBNC	111,772	$4.6m0.30%	0.30%	Unchanged
62	MOODYS CORP COM MCO	MCO	9,115	$4.3m0.28%	0.28%	Added +353	+353 4.0%
63	COCA COLA CO COM KO	KO	59,933	$4.3m0.28%	0.28%	Added +635	+635 1.1%
64	ISHARES TR 7-10 YR TRSY BD IEF	IEF	43,886	$4.3m0.28%	0.28%	Added +1.7k	+1,749 4.2%
65	ISHARES TR 3 7 YR TREAS BD IEI	IEI	35,769	$4.3m0.28%	0.28%	Reduced -10.5k	-10,458 -22.6%
66	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	77,865	$4.2m0.27%	0.27%	Added +3.4k	+3,370 4.5%
67	ISHARES TR 20 YR TR BD ETF TLT	TLT	42,136	$4.1m0.27%	0.27%	Added +1.3k	+1,308 3.2%
68	ISHARES INC CORE MSCI EMKT IEMG	IEMG	71,628	$4.1m0.27%	0.27%	Added +1.7k	+1,731 2.5%
69	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	14,342	$4.1m0.27%	0.27%	Added +201	+201 1.4%
70	ISHARES TR MBS ETF MBB	MBB	42,295	$4.1m0.26%	0.26%	Added +1.7k	+1,723 4.2%
71	VANGUARD WORLD FD INF TECH ETF VGT	VGT	6,804	$4.0m0.26%	0.26%	Reduced -117	-117 -1.7%
72	TEXAS INSTRS INC COM TXN	TXN	18,515	$3.8m0.25%	0.25%	Added +720	+720 4.0%
73	CISCO SYS INC COM CSCO	CSCO	68,758	$3.7m0.24%	0.24%	Added +580	+580 0.8%
74	AMERICAN EXPRESS CO COM AXP	AXP	13,171	$3.6m0.23%	0.23%	Reduced -27	-27 -0.2%
75	STARBUCKS CORP COM SBUX	SBUX	36,548	$3.6m0.23%	0.23%	Added +781	+781 2.2%
76	ADOBE INC COM ADBE	ADBE	6,529	$3.4m0.22%	0.22%	Added +347	+347 5.6%
77	CATERPILLAR INC COM CAT	CAT	8,544	$3.3m0.22%	0.22%	Reduced -132	-132 -1.5%
78	FIDELITY COVINGTON TRUST MSCI COMMNTN SVC FCOM	FCOM	60,349	$3.3m0.22%	0.22%	Added +1.5k	+1,457 2.5%
79	FIDELITY COVINGTON TRUST MSCI HLTH CARE I FHLC	FHLC	45,655	$3.3m0.22%	0.22%	Added +1.2k	+1,210 2.7%
80	QUALCOMM INC COM QCOM	QCOM	19,112	$3.2m0.21%	0.21%	Added +131	+131 0.7%
81	FIDELITY COVINGTON TRUST MSCI FINLS IDX FNCL	FNCL	48,771	$3.1m0.20%	0.20%	Added +8.2k	+8,225 20.3%
82	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	34,240	$2.8m0.19%	0.19%	Added +30.1k	+30,106 728.2%
83	EMERSON ELEC CO COM EMR	EMR	25,346	$2.8m0.18%	0.18%	Reduced -103	-103 -0.4%
84	LOCKHEED MARTIN CORP COM LMT	LMT	4,719	$2.8m0.18%	0.18%	Reduced -19	-19 -0.4%
85	AMERICAN ELEC PWR CO INC COM AEP	AEP	26,762	$2.7m0.18%	0.18%	Added +772	+772 3.0%
86	MCDONALDS CORP COM MCD	MCD	8,730	$2.7m0.17%	0.17%	Added +824	+824 10.4%
87	MERCADOLIBRE INC COM MELI	MELI	1,295	$2.7m0.17%	0.17%	Added +114	+114 9.7%
88	CHUBB LIMITED COM CB	CB	9,157	$2.6m0.17%	0.17%	Added +185	+185 2.1%
89	ENBRIDGE INC COM ENB	ENB	63,997	$2.6m0.17%	0.17%	Added +3.8k	+3,835 6.4%
90	HUNTINGTON BANCSHARES INC COM HBAN	HBAN	168,751	$2.5m0.16%	0.16%	Reduced -69	-69 -0.0%
91	GARTNER INC COM IT	IT	4,882	$2.5m0.16%	0.16%	Added +236	+236 5.1%
92	IQVIA HLDGS INC COM IQV	IQV	10,393	$2.5m0.16%	0.16%	Added +377	+377 3.8%
93	AT&T INC COM T	T	110,897	$2.4m0.16%	0.16%	Added +3.8k	+3,786 3.5%
94	NIKE INC CL B NKE	NKE	27,518	$2.4m0.16%	0.16%	Added +48	+48 0.2%
95	INVESCO EXCHANGE TRADED FD T RAFI US 1000 ETF PRF	PRF	59,400	$2.4m0.16%	0.16%	Unchanged
96	WELLS FARGO CO NEW COM WFC	WFC	41,822	$2.4m0.15%	0.15%	Added +61	+61 0.1%
97	MONDELEZ INTL INC CL A MDLZ	MDLZ	32,027	$2.4m0.15%	0.15%	Added +483	+483 1.5%
98	FIDELITY COVINGTON TRUST MSCI INDL INDX FIDU	FIDU	31,728	$2.3m0.15%	0.15%	Added +1.0k	+1,014 3.3%
99	PAYCHEX INC COM PAYX	PAYX	16,717	$2.2m0.15%	0.15%	Reduced -173	-173 -1.0%
100	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	11,307	$2.2m0.15%	0.15%	Added +454	+454 4.2%

Sold out since Q2 2024

Security	Ticker	Shares held before	Value then
INTEL CORP INTC	INTC	313,766	$9.7m313.8k shares
DOLLAR GEN CORP NEW DG	DG	66,053	$8.7m66.1k shares
ISHARES TR SHY	SHY	74,235	$6.1m74.2k shares
BLACKROCK INC BLK	BLK	2,192	$1.7m2.2k shares
AUTODESK INC ADSK	ADSK	3,924	$970.9k3.9k shares
NUCOR CORP NUE	NUE	1,609	$254.4k1.6k shares
SERVICENOW INC NOW	NOW	301	$236.8k301 shares
CADENCE DESIGN SYSTEM INC CDNS	CDNS	768	$236.4k768 shares
CHIPOTLE MEXICAN GRILL INC CMG	CMG	3,450	$216.1k3.5k shares
BOEING CO BA	BA	1,185	$215.8k1.2k shares
GINKGO BIOWORKS HOLDINGS INC		54,000	$18.1k54.0k shares