Smith Salley Wealth Management

GREENSBORO, NC · CIK 1482012 · 13F filing filed 2026-04-16

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

$2.0bn reported value -1.5% vs Q4 2025

267positions

35.1%in top 10

12 new 143 added 67 reduced 9 sold out vs Q4 2025

Holdings, Q1 2026

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	NVIDIA CORPORATION COM NVDA	NVDA	776,126	$135.4m6.81%	6.81%	Reduced -1.7k	-1,695 -0.2%
2	APPLE INC COM AAPL	AAPL	416,451	$105.7m5.31%	5.31%	Added +2.5k	+2,469 0.6%
3	MICROSOFT CORP COM MSFT	MSFT	241,109	$89.3m4.49%	4.49%	Added +3.8k	+3,778 1.6%
4	ALPHABET INC CAP STK CL C GOOG	GOOG	278,314	$79.8m4.01%	4.01%	Added +2.5k	+2,482 0.9%
5	AMAZON COM INC COM AMZN	AMZN	281,023	$58.5m2.94%	2.94%	Added +7.0k	+6,966 2.5%
6	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	102,525	$49.1m2.47%	2.47%	Added +1.2k	+1,180 1.2%
7	JPMORGAN CHASE & CO COM JPM	JPM	161,087	$47.4m2.38%	2.38%	Added +2.7k	+2,733 1.7%
8	META PLATFORMS INC CL A META	META	80,627	$46.1m2.32%	2.32%	Added +1.6k	+1,631 2.1%
9	TJX COS INC NEW COM TJX	TJX	281,025	$44.9m2.26%	2.26%	Added +3.4k	+3,391 1.2%
10	RTX CORPORATION COM RTX	RTX	213,989	$41.3m2.08%	2.08%	Added +5.7k	+5,673 2.7%
11	BROADCOM INC COM AVGO	AVGO	125,497	$38.8m1.95%	1.95%	Added +29.0k	+28,952 30.0%
12	VISA INC COM CL A V	V	120,744	$36.5m1.83%	1.83%	Added +2.4k	+2,383 2.0%
13	ANALOG DEVICES INC COM ADI	ADI	110,472	$35.1m1.77%	1.77%	Added +1.1k	+1,150 1.1%
14	ABBVIE INC COM ABBV	ABBV	160,791	$35.0m1.76%	1.76%	Added +3.4k	+3,415 2.2%
15	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	26,200	$34.6m1.74%	1.74%	Reduced -3.6k	-3,584 -12.0%
16	NEXTERA ENERGY INC COM NEE	NEE	363,765	$33.8m1.70%	1.70%	Added +9.3k	+9,327 2.6%
17	LOWES COS INC COM LOW	LOW	134,888	$31.9m1.60%	1.60%	Added +1.9k	+1,886 1.4%
18	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	59,398	$29.2m1.47%	1.47%	Added +671	+671 1.1%
19	MARVELL TECHNOLOGY INC COM MRVL	MRVL	287,576	$28.5m1.43%	1.43%	Added +3.2k	+3,235 1.1%
20	LINDE PLC SHS LIN	LIN	54,638	$27.1m1.36%	1.36%	Added +1.9k	+1,906 3.6%
21	BROOKFIELD CORP CL A LTD VT SH BN	BN	657,502	$26.6m1.34%	1.34%	Added +6.6k	+6,573 1.0%
22	CHEVRON CORP NEW COM CVX	CVX	126,862	$26.2m1.32%	1.32%	Added +4.2k	+4,198 3.4%
23	MASTERCARD INCORPORATED CL A MA	MA	50,841	$25.4m1.28%	1.28%	Added +135	+135 0.3%
24	ARISTA NETWORKS INC COM SHS ANET	ANET	197,992	$24.3m1.22%	1.22%	Added +3.6k	+3,648 1.9%
25	PROCTER AND GAMBLE CO COM PG	PG	163,735	$23.6m1.19%	1.19%	Added +6.0k	+5,977 3.8%
26	AMETEK INC COM AME	AME	108,976	$23.4m1.17%	1.17%	Added +1.0k	+1,033 1.0%
27	CURTISS WRIGHT CORP COM CW	CW	33,062	$22.5m1.13%	1.13%	Added +293	+293 0.9%
28	CASEYS GEN STORES INC COM CASY	CASY	30,657	$22.3m1.12%	1.12%	Added +287	+287 0.9%
29	ALPHABET INC CAP STK CL A GOOGL	GOOGL	76,600	$22.0m1.11%	1.11%	Added +687	+687 0.9%
30	ABBOTT LABS COM ABT	ABT	189,613	$19.5m0.98%	0.98%	Added +2.4k	+2,448 1.3%
31	PEPSICO INC COM PEP	PEP	125,176	$19.4m0.98%	0.98%	Added +4.5k	+4,547 3.8%
32	ELI LILLY & CO COM LLY	LLY	20,967	$19.3m0.97%	0.97%	Reduced -7	-7 -0.0%
33	UNION PAC CORP COM UNP	UNP	73,626	$17.9m0.90%	0.90%	Added +2.3k	+2,294 3.2%
34	MARKEL GROUP INC COM MKL	MKL	9,172	$17.6m0.88%	0.88%	Added +70	+70 0.8%
35	MICRON TECHNOLOGY INC COM MU	MU	50,416	$17.0m0.86%	0.86%	Reduced -1.4k	-1,390 -2.7%
36	S&P GLOBAL INC COM SPGI	SPGI	39,120	$16.6m0.84%	0.84%	Added +523	+523 1.4%
37	PNC FINL SVCS GROUP INC COM PNC	PNC	79,656	$16.6m0.83%	0.83%	Added +1.7k	+1,697 2.2%
38	NXP SEMICONDUCTORS N V COM NXPI	NXPI	82,143	$16.2m0.81%	0.81%	Added +545	+545 0.7%
39	ISHARES TR MBS ETF MBB	MBB	164,662	$15.6m0.79%	0.79%	Added +9.9k	+9,930 6.4%
40	EXXON MOBIL CORP COM XOM	XOM	86,055	$14.6m0.73%	0.73%	Added +4.3k	+4,336 5.3%
41	NORTHROP GRUMMAN CORP COM NOC	NOC	21,361	$14.6m0.73%	0.73%	Added +202	+202 0.9%
42	JOHNSON & JOHNSON COM JNJ	JNJ	57,834	$14.1m0.71%	0.71%	Added +2.3k	+2,252 4.0%
43	MEDTRONIC PLC SHS MDT	MDT	162,576	$14.1m0.71%	0.71%	Added +2.3k	+2,310 1.4%
44	ASTRAZENECA PLC ORD AZN	AZN	68,919	$13.6m0.68%	0.68%	New
45	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	250,100	$13.1m0.66%	0.66%	Added +15.7k	+15,663 6.7%
46	CATERPILLAR INC COM CAT	CAT	17,377	$12.3m0.62%	0.62%	Added +1.5k	+1,509 9.5%
47	CUMMINS INC COM CMI	CMI	22,489	$12.1m0.61%	0.61%	Added +721	+721 3.3%
48	AMPHENOL CORP CL A APH	APH	95,306	$12.0m0.61%	0.61%	Added +5.5k	+5,540 6.2%
49	ROPER TECHNOLOGIES INC COM ROP	ROP	33,980	$12.0m0.60%	0.60%	Added +321	+321 0.9%
50	ELEVANCE HEALTH INC COM ELV	ELV	39,514	$11.6m0.58%	0.58%	Added +1.4k	+1,419 3.7%
51	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	56,346	$11.2m0.56%	0.56%	Added +1.7k	+1,660 3.0%
52	COLGATE PALMOLIVE CO COM CL	CL	125,425	$10.7m0.54%	0.54%	Added +9.0k	+8,959 7.7%
53	ISHARES TR CORE MSCI EAFE IEFA	IEFA	116,782	$10.6m0.53%	0.53%	Added +4.4k	+4,369 3.9%
54	WALMART INC COM WMT	WMT	84,391	$10.5m0.53%	0.53%	Reduced -2.7k	-2,709 -3.1%
55	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	185,668	$9.9m0.50%	0.50%	Added +50.5k	+50,472 37.3%
56	XYLEM INC COM XYL	XYL	81,276	$9.7m0.49%	0.49%	Added +768	+768 0.9%
57	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	45,847	$9.5m0.48%	0.48%	Added +739	+739 1.6%
58	TRANSDIGM GROUP INC COM TDG	TDG	8,070	$9.4m0.47%	0.47%	Added +134	+134 1.7%
59	DUKE ENERGY CORP NEW COM NEW DUK	DUK	59,401	$7.8m0.39%	0.39%	Added +2.6k	+2,595 4.6%
60	BANK AMERICA CORP COM BAC	BAC	156,904	$7.6m0.38%	0.38%	Added +8.3k	+8,273 5.6%
61	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	175,357	$7.4m0.37%	0.37%	Added +68.5k	+68,505 64.1%
62	HOME DEPOT INC COM HD	HD	21,452	$7.1m0.35%	0.35%	Added +442	+442 2.1%
63	EATON CORP PLC SHS ETN	ETN	18,904	$6.8m0.34%	0.34%	Added +2.0k	+2,001 11.8%
64	COCA COLA CO COM KO	KO	88,795	$6.8m0.34%	0.34%	Added +5.5k	+5,521 6.6%
65	FIRST BANCORP N C COM FBNC	FBNC	110,644	$6.2m0.31%	0.31%	Unchanged
66	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	18,837	$6.0m0.30%	0.30%	Added +4.9k	+4,858 34.8%
67	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	24,426	$5.9m0.30%	0.30%	Added +2.0k	+1,999 8.9%
68	CISCO SYS INC COM CSCO	CSCO	76,165	$5.9m0.30%	0.30%	Added +2.9k	+2,865 3.9%
69	MERCK & CO INC COM MRK	MRK	43,935	$5.3m0.27%	0.27%	Added +5.5k	+5,469 14.2%
70	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	8,125	$5.3m0.27%	0.27%	Reduced -3.9k	-3,907 -32.5%
71	ISHARES TR 20 YR TR BD ETF TLT	TLT	60,895	$5.3m0.27%	0.27%	Reduced -16.8k	-16,772 -21.6%
72	ISHARES INC CORE MSCI EMKT IEMG	IEMG	72,586	$5.1m0.25%	0.25%	Added +3.3k	+3,340 4.8%
73	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	113,111	$5.0m0.25%	0.25%	Added +422	+422 0.4%
74	VERTIV HOLDINGS CO COM CL A VRT	VRT	19,814	$5.0m0.25%	0.25%	Reduced -2.9k	-2,907 -12.8%
75	MORGAN STANLEY COM NEW MS	MS	29,545	$4.9m0.24%	0.24%	Added +1.7k	+1,707 6.1%
76	MOODYS CORP COM MCO	MCO	10,832	$4.7m0.24%	0.24%	Added +28	+28 0.3%
77	AT&T INC COM T	T	156,490	$4.5m0.23%	0.23%	Added +10.5k	+10,451 7.2%
78	VANGUARD WORLD FD INF TECH ETF VGT	VGT	6,305	$4.4m0.22%	0.22%	Reduced -59	-59 -0.9%
79	UNITEDHEALTH GROUP INC COM UNH	UNH	15,850	$4.3m0.22%	0.22%	Reduced -783	-783 -4.7%
80	SPDR SERIES TRUST PORTFLI HIGH YLD SPHY	SPHY	181,746	$4.2m0.21%	0.21%	New
81	FIDELITY COVINGTON TRUST MSCI FINLS IDX FNCL	FNCL	60,305	$4.2m0.21%	0.21%	Added +4.0k	+3,994 7.1%
82	CONOCOPHILLIPS COM COP	COP	31,354	$4.1m0.21%	0.21%	Added +4.1k	+4,129 15.2%
83	MCDONALDS CORP COM MCD	MCD	13,072	$4.1m0.20%	0.20%	Added +842	+842 6.9%
84	BLACKROCK INC COM BLK	BLK	4,173	$4.0m0.20%	0.20%	Added +391	+391 10.3%
85	FIDELITY COVINGTON TRUST MSCI COMMNTN SVC FCOM	FCOM	58,740	$4.0m0.20%	0.20%	Added +797	+797 1.4%
86	AMERICAN ELEC PWR CO INC COM AEP	AEP	30,473	$4.0m0.20%	0.20%	Added +969	+969 3.3%
87	TEXAS INSTRS INC COM TXN	TXN	20,405	$4.0m0.20%	0.20%	Added +1.2k	+1,226 6.4%
88	AMERICAN EXPRESS CO COM AXP	AXP	12,947	$3.9m0.20%	0.20%	Reduced -1	-1 -0.0%
89	AMGEN INC COM AMGN	AMGN	11,102	$3.9m0.20%	0.20%	Added +316	+316 2.9%
90	STARBUCKS CORP COM SBUX	SBUX	41,781	$3.7m0.19%	0.19%	Added +3.1k	+3,118 8.1%
91	WELLS FARGO CO NEW COM WFC	WFC	46,070	$3.7m0.18%	0.18%	Added +1.8k	+1,792 4.0%
92	CHUBB LIMITED COM CB	CB	9,954	$3.2m0.16%	0.16%	Added +415	+415 4.3%
93	TESLA INC COM TSLA	TSLA	8,562	$3.2m0.16%	0.16%	Added +560	+560 7.0%
94	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	5,378	$3.1m0.16%	0.16%	Reduced -781	-781 -12.7%
95	FIDELITY COVINGTON TRUST MSCI HLTH CARE I FHLC	FHLC	44,112	$3.1m0.16%	0.16%	Added +681	+681 1.6%
96	HONEYWELL INTL INC COM COM		13,573	$3.1m0.15%	0.15%	Added +374	+374 2.8%
97	APPLIED MATLS INC COM AMAT	AMAT	8,974	$3.1m0.15%	0.15%	Added +752	+752 9.2%
98	SALESFORCE INC COM CRM	CRM	16,001	$3.0m0.15%	0.15%	Added +1.6k	+1,566 10.8%
99	MERCADOLIBRE INC COM MELI	MELI	1,699	$2.9m0.15%	0.15%	Added +64	+64 3.9%
100	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	6,337	$2.9m0.15%	0.15%	Added +254	+254 4.2%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
ASTRAZENECA PLC		67,802	$12.5m67.8k shares
ISHARES TR AGZ	AGZ	21,382	$2.4m21.4k shares
AUTOMATIC DATA PROCESSING IN ADP	ADP	6,596	$1.7m6.6k shares
MONDELEZ INTL INC MDLZ	MDLZ	27,295	$1.5m27.3k shares
AXON ENTERPRISE INC AXON	AXON	450	$255.6k450 shares
UBER TECHNOLOGIES INC UBER	UBER	2,645	$216.1k2.6k shares
DISNEY WALT CO DIS	DIS	1,857	$211.3k1.9k shares
SOFI TECHNOLOGIES INC SOFI	SOFI	8,000	$209.4k8.0k shares
BARRICK MNG CORP B	B	4,621	$201.3k4.6k shares