Smith Asset Management 13F annual report
Smith Asset Management is an investment fund managing more than $1.75 trillion ran by John Brim. There are currently 176 companies in Mr. Brim’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $164 billion.
$1.75 trillion Assets Under Management (AUM)
As of 23rd April 2024, Smith Asset Management’s top holding is 221,303 shares of Microsoft currently worth over $93.1 billion and making up 5.3% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Smith Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 410,676 shares of Apple Inc worth $70.4 billion, whose value fell 2.6% in the past six months.
The third-largest holding is Meta Platforms Inc worth $58 billion and the next is Medpace Inc worth $43.1 billion, with 106,623 shares owned.
Currently, Smith Asset Management's portfolio is worth at least $1.75 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 Asset Management
The Smith Asset Management office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, John Brim serves as the Chief Investment Officer at Smith Asset Management.
Recent trades
In the most recent 13F filing, Smith Asset Management revealed that it had opened a new position in
Bank New York Mellon Corp and bought 250,400 shares worth $14.4 billion.
The investment fund also strengthened its position in Costco Whsl Corp New by buying
11,490 additional shares.
This makes their stake in Costco Whsl Corp New total 51,817 shares worth $38 billion.
On the other hand, there are companies that Smith Asset Management is getting rid of from its portfolio.
Smith Asset Management closed its position in Clean Harbors on 30th April 2024.
It sold the previously owned 126,300 shares for $22 billion.
John Brim also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $93.1 billion and 221,303 shares.
One of the largest hedge funds
The two most similar investment funds to Smith Asset Management are Capstone Investment Advisors and Ashton Thomas Private Wealth. They manage $1.75 trillion and $1.75 trillion respectively.
John Brim investment strategy
Smith Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 30.3% of
the total portfolio value.
The fund focuses on investments in the United States as
69.3% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $101 billion.
The complete list of Smith Asset Management trades based on 13F SEC filings
These positions were updated on April 30th 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 |
9.47%
221,303
|
$93,106,599,000 | 5.33% |
| Apple Inc |
10.35%
410,676
|
$70,422,720,000 | 4.03% |
| Meta Platforms Inc |
11.73%
119,480
|
$58,017,098,000 | 3.32% |
| Medpace Holdings Inc |
6.40%
106,623
|
$43,091,685,000 | 2.47% |
| Cadence Design System Inc |
6.68%
135,960
|
$42,321,629,000 | 2.42% |
| Alphabet Inc |
9.75%
360,265
|
$54,491,718,000 | 3.12% |
| NVIDIA Corp |
27.83%
44,119
|
$39,864,164,000 | 2.28% |
| Costco Whsl Corp New |
28.49%
51,817
|
$37,962,689,000 | 2.17% |
| KLA Corp. |
12.36%
52,298
|
$36,533,814,000 | 2.09% |
| Parker-Hannifin Corp. |
12.53%
65,727
|
$36,530,409,000 | 2.09% |
| Ameriprise Finl Inc |
48.88%
83,316
|
$36,529,067,000 | 2.09% |
| Mckesson Corporation |
5.18%
67,788
|
$36,391,987,000 | 2.08% |
| Amazon.com Inc. |
26.60%
186,215
|
$33,589,462,000 | 1.92% |
| Autozone Inc. |
13.28%
10,400
|
$32,777,161,000 | 1.88% |
| Arch Cap Group Ltd |
12.23%
341,300
|
$31,549,772,000 | 1.81% |
| Cboe Global Mkts Inc |
7.47%
171,565
|
$31,521,637,000 | 1.80% |
| Veeva Sys Inc |
8.57%
135,118
|
$31,305,489,000 | 1.79% |
| Jpmorgan Chase Co |
6.55%
155,324
|
$31,111,397,000 | 1.78% |
| Booking Holdings Inc |
11.14%
7,564
|
$27,441,284,000 | 1.57% |
| American Express Co. |
12.75%
113,520
|
$25,847,368,000 | 1.48% |
| Hubbell Inc. |
12.05%
62,095
|
$25,772,530,000 | 1.47% |
| Pinterest Inc |
1.31%
740,147
|
$25,660,897,000 | 1.47% |
| Workday Inc |
11.87%
93,680
|
$25,551,220,000 | 1.46% |
| Applovin Corp |
1,812.58%
366,355
|
$25,359,093,000 | 1.45% |
| Dominos Pizza Inc |
0.21%
50,811
|
$25,246,970,000 | 1.44% |
| Exxon Mobil Corp. |
5.98%
204,505
|
$23,771,661,000 | 1.36% |
| Jabil Inc |
12.44%
176,070
|
$23,584,577,000 | 1.35% |
| Tjx Cos Inc New |
3.14%
229,574
|
$23,283,395,000 | 1.33% |
| Electronic Arts, Inc. |
21.65%
168,732
|
$22,385,675,000 | 1.28% |
| Clean Harbors, Inc. |
Closed
126,300
|
$22,040,613,000 | |
| Adobe Inc |
10.01%
43,623
|
$22,012,166,000 | 1.26% |
| Merck Co Inc |
1.93%
165,342
|
$21,816,877,000 | 1.25% |
| Gartner, Inc. |
Closed
47,880
|
$21,599,147,000 | |
| Manhattan Associates, Inc. |
12.28%
86,073
|
$21,538,047,000 | 1.23% |
| Okta Inc |
3,522.70%
205,407
|
$21,489,681,000 | 1.23% |
| Nextracker Inc |
4,361.54%
368,746
|
$20,749,338,000 | 1.19% |
| Marriott Intl Inc New |
Closed
84,803
|
$19,123,925,000 | |
| Zimmer Biomet Holdings Inc |
14.95%
142,326
|
$18,784,185,000 | 1.08% |
| Performance Food Group Company |
11.91%
230,552
|
$17,208,401,000 | 0.98% |
| Vertex Pharmaceuticals, Inc. |
12.17%
41,038
|
$17,154,295,000 | 0.98% |
| Johnson Johnson |
14.32%
108,376
|
$17,143,999,000 | 0.98% |
| Unitedhealth Group Inc |
28.90%
34,140
|
$16,889,059,000 | 0.97% |
| Shift4 Pmts Inc |
Closed
225,535
|
$16,766,272,000 | |
| Broadcom Inc. |
27.73%
12,354
|
$16,374,115,000 | 0.94% |
| Delta Air Lines, Inc. |
17.18%
339,267
|
$16,240,712,000 | 0.93% |
| Paccar Inc. |
29.33%
127,700
|
$15,820,753,000 | 0.91% |
| Walmart Inc |
111.25%
259,200
|
$15,596,064,000 | 0.89% |
| Crowdstrike Holdings Inc |
35.58%
48,208
|
$15,455,003,000 | 0.88% |
| Ulta Beauty Inc |
13.24%
28,612
|
$14,960,642,000 | 0.86% |
| Bank New York Mellon Corp |
Opened
250,400
|
$14,428,048,000 | 0.83% |
| Marathon Pete Corp |
11.38%
67,834
|
$13,668,552,000 | 0.78% |
| Airbnb, Inc. |
34.83%
82,300
|
$13,576,208,000 | 0.78% |
| Leidos Holdings Inc |
Opened
102,200
|
$13,397,398,000 | 0.77% |
| Copart, Inc. |
Closed
265,422
|
$13,005,678,000 | |
| Interactive Brokers Group In |
29.31%
115,287
|
$12,878,711,000 | 0.74% |
| Molson Coors Beverage Company |
29.34%
188,100
|
$12,649,725,000 | 0.72% |
| Kroger Co. |
Closed
273,868
|
$12,518,506,000 | |
| ExlService Holdings Inc |
14.18%
390,850
|
$12,429,030,000 | 0.71% |
| Ametek Inc |
29.46%
62,480
|
$11,427,592,000 | 0.65% |
| Dexcom Inc |
29.07%
81,000
|
$11,234,700,000 | 0.64% |
| Zscaler Inc |
28.99%
58,060
|
$11,184,098,000 | 0.64% |
| Lennar Corp. |
29.43%
60,200
|
$10,353,196,000 | 0.59% |
| Chubb Limited |
29.16%
39,128
|
$10,139,239,000 | 0.58% |
| Markel Group Inc |
Closed
6,900
|
$9,797,310,000 | |
| Woodward Inc |
29.61%
53,500
|
$8,245,420,000 | 0.47% |
| Advanced Micro Devices Inc. |
27.80%
44,403
|
$8,014,297,000 | 0.46% |
| Spotify Technology S.A. |
18.42%
29,450
|
$7,771,855,000 | 0.44% |
| Prudential Finl Inc |
29.34%
65,493
|
$7,688,878,000 | 0.44% |
| Clorox Co. |
Opened
48,920
|
$7,490,141,000 | 0.43% |
| Eli Lilly Co |
26.12%
9,419
|
$7,327,605,000 | 0.42% |
| Visa Inc |
26.04%
25,808
|
$7,202,497,000 | 0.41% |
| Janus Henderson Group plc |
Opened
218,608
|
$7,190,017,000 | 0.41% |
| Taiwan Semiconductor Mfg Ltd |
3.88%
51,588
|
$7,018,547,000 | 0.40% |
| Arista Networks Inc |
23.47%
23,931
|
$6,939,511,000 | 0.40% |
| Berkshire Hathaway Inc. |
28.40%
16,397
|
$6,895,266,000 | 0.39% |
| Neurocrine Biosciences, Inc. |
29.71%
48,114
|
$6,635,883,000 | 0.38% |
| Applied Matls Inc |
26.72%
31,270
|
$6,448,812,000 | 0.37% |
| MSA Safety Inc |
Opened
31,810
|
$6,158,098,000 | 0.35% |
| Pepsico Inc |
28.00%
34,586
|
$6,052,896,000 | 0.35% |
| Check Point Software Tech Lt |
3.22%
33,618
|
$5,513,688,000 | 0.32% |
| Coca-cola Europacific Partne |
3.66%
78,451
|
$5,487,647,000 | 0.31% |
| Kinross Gold Corp. |
3.27%
884,227
|
$5,420,312,000 | 0.31% |
| Chevron Corp. |
28.09%
33,995
|
$5,362,372,000 | 0.31% |
| Jazz Pharmaceuticals plc |
32.19%
42,700
|
$5,141,934,000 | 0.29% |
| Fortive Corp |
29.58%
59,510
|
$5,119,050,000 | 0.29% |
| MongoDB Inc |
30.00%
14,000
|
$5,020,960,000 | 0.29% |
| Atmos Energy Corp. |
29.75%
41,330
|
$4,912,897,000 | 0.28% |
| Procore Technologies, Inc. |
30.18%
59,000
|
$4,848,030,000 | 0.28% |
| Qualcomm, Inc. |
26.33%
25,600
|
$4,334,080,000 | 0.25% |
| American Tower Corp. |
27.40%
20,670
|
$4,084,185,000 | 0.23% |
| Caterpillar Inc. |
34.51%
10,900
|
$3,994,087,000 | 0.23% |
| Acadia Healthcare Company In |
29.62%
48,940
|
$3,877,027,000 | 0.22% |
| Colgate-Palmolive Co. |
Opened
42,300
|
$3,809,115,000 | 0.22% |
| Conocophillips |
29.14%
28,660
|
$3,647,845,000 | 0.21% |
| Verisk Analytics Inc |
62.52%
15,280
|
$3,601,954,000 | 0.21% |
| Ralph Lauren Corp |
Opened
17,900
|
$3,360,904,000 | 0.19% |
| Globe Life Inc. |
28.89%
28,300
|
$3,293,271,000 | 0.19% |
| Dayforce Inc |
28.70%
47,698
|
$3,158,085,000 | 0.18% |
| Sherwin-Williams Co. |
29.27%
8,698
|
$3,021,076,000 | 0.17% |
| MSCI Inc |
29.01%
5,170
|
$2,897,527,000 | 0.17% |
| Texas Instrs Inc |
24.97%
15,923
|
$2,773,946,000 | 0.16% |
| Prologis Inc |
29.40%
21,130
|
$2,751,549,000 | 0.16% |
| GitLab Inc. |
Opened
46,400
|
$2,706,048,000 | 0.15% |
| Ishares Tr |
Closed
14,006
|
$3,166,533,000 | |
| Schlumberger Ltd. |
30.68%
39,982
|
$2,191,414,000 | 0.13% |
| Air Prods Chems Inc |
29.00%
8,568
|
$2,075,769,000 | 0.12% |
| NextEra Energy Inc |
29.75%
31,409
|
$2,007,349,000 | 0.11% |
| NVR Inc. |
0.95%
212
|
$1,717,192,000 | 0.10% |
| EBay Inc. |
Opened
32,040
|
$1,691,071,000 | 0.10% |
| Synopsys, Inc. |
1.03%
2,934
|
$1,676,781,000 | 0.10% |
| Nutanix Inc |
19.74%
26,055
|
$1,608,115,000 | 0.09% |
| Smith A O Corp |
Opened
17,560
|
$1,570,918,000 | 0.09% |
| The Southern Co. |
29.41%
18,478
|
$1,325,612,000 | 0.08% |
| Crown Castle Inc |
31.58%
12,350
|
$1,307,001,000 | 0.07% |
| Dow Inc |
27.29%
21,902
|
$1,268,783,000 | 0.07% |
| Duke Energy Corp. |
27.75%
12,756
|
$1,233,633,000 | 0.07% |
| Live Nation Entertainment In |
Closed
12,804
|
$1,198,454,000 | |
| Newmont Corp |
Closed
28,670
|
$1,186,651,000 | |
| Progressive Corp. |
Opened
5,587
|
$1,155,503,000 | 0.07% |
| Trade Desk Inc |
1.29%
12,600
|
$1,101,492,000 | 0.06% |
| Cardinal Health, Inc. |
No change
9,800
|
$1,096,620,000 | 0.06% |
| Encompass Health Corp |
1.17%
12,070
|
$996,741,000 | 0.06% |
| Pure Storage Inc |
Closed
27,661
|
$986,391,000 | |
| Palo Alto Networks Inc |
Closed
3,338
|
$984,309,000 | |
| Godaddy Inc |
Opened
8,280
|
$982,670,000 | 0.06% |
| Royal Caribbean Group |
53.24%
6,620
|
$920,246,000 | 0.05% |
| DaVita Inc |
No change
5,910
|
$815,876,000 | 0.05% |
| Molina Healthcare Inc |
No change
1,953
|
$802,351,000 | 0.05% |
| Everest Group Ltd |
14.65%
2,015
|
$800,963,000 | 0.05% |
| Abbvie Inc |
102.87%
4,240
|
$772,104,000 | 0.04% |
| Apollo Global Mgmt Inc |
Closed
8,033
|
$748,595,000 | |
| Comfort Sys Usa Inc |
16.24%
2,316
|
$735,816,000 | 0.04% |
| e.l.f. Beauty Inc |
18.50%
3,687
|
$722,763,000 | 0.04% |
| Ishares Inc |
5.88%
17,920
|
$1,070,283,000 | 0.06% |
| Boise Cascade Co |
7.57%
4,312
|
$661,331,000 | 0.04% |
| Acuity Brands, Inc. |
Opened
2,460
|
$661,076,000 | 0.04% |
| BP plc |
28.89%
17,479
|
$658,609,000 | 0.04% |
| Tim S.A. |
27.62%
36,050
|
$639,888,000 | 0.04% |
| Allison Transmission Hldgs I |
Closed
10,916
|
$634,765,000 | |
| Installed Bldg Prods Inc |
No change
2,310
|
$597,666,000 | 0.03% |
| Applied Indl Technologies In |
No change
2,970
|
$586,724,000 | 0.03% |
| Collegium Pharmaceutical Inc |
No change
14,960
|
$580,747,000 | 0.03% |
| Fastenal Co. |
No change
7,340
|
$566,208,000 | 0.03% |
| PBF Energy Inc |
0.21%
9,731
|
$560,214,000 | 0.03% |
| Vertiv Holdings Co |
Opened
6,550
|
$534,939,000 | 0.03% |
| Shockwave Med Inc |
No change
1,641
|
$534,359,000 | 0.03% |
| GE Aerospace |
Closed
4,160
|
$530,941,000 | |
| Patrick Inds Inc |
No change
4,435
|
$529,850,000 | 0.03% |
| Sps Comm Inc |
No change
2,789
|
$515,686,000 | 0.03% |
| Deckers Outdoor Corp. |
Opened
520
|
$489,455,000 | 0.03% |
| Blue Owl Capital Inc |
Opened
25,900
|
$488,474,000 | 0.03% |
| Salesforce Inc |
No change
1,608
|
$484,297,000 | 0.03% |
| Hackett Group Inc (The) |
No change
19,539
|
$474,798,000 | 0.03% |
| Kinsale Cap Group Inc |
No change
889
|
$466,494,000 | 0.03% |
| Arlo Technologies Inc |
No change
36,544
|
$462,282,000 | 0.03% |
| Brinker International, Inc. |
No change
9,252
|
$459,639,000 | 0.03% |
| Sentinelone Inc |
Opened
19,480
|
$454,079,000 | 0.03% |
| Atkore Inc |
No change
2,274
|
$432,879,000 | 0.02% |
| Cabot Corp. |
Opened
4,681
|
$431,588,000 | 0.02% |
| American Eagle Outfitters In |
Opened
16,580
|
$427,598,000 | 0.02% |
| Artisan Partners Asset Mgmt |
No change
9,131
|
$417,926,000 | 0.02% |
| Qualys Inc |
97.48%
2,496
|
$416,508,000 | 0.02% |
| ePlus Inc |
No change
5,285
|
$415,084,000 | 0.02% |
| Addus HomeCare Corporation |
No change
3,886
|
$401,579,000 | 0.02% |
| Smartsheet Inc |
57.58%
10,400
|
$400,400,000 | 0.02% |
| Tesla Inc |
92.31%
2,247
|
$395,000,000 | 0.02% |
| Home Depot, Inc. |
Closed
1,126
|
$390,215,000 | |
| Cencora Inc. |
43.24%
1,590
|
$386,354,000 | 0.02% |
| Automatic Data Processing In |
No change
1,545
|
$385,848,000 | 0.02% |
| Netflix Inc. |
Opened
620
|
$376,545,000 | 0.02% |
| SMART Global Holdings Inc |
Opened
13,963
|
$367,506,000 | 0.02% |
| ASGN Inc |
No change
3,503
|
$366,974,000 | 0.02% |
| Box Inc |
No change
12,906
|
$365,498,000 | 0.02% |
| Greif Inc |
No change
5,195
|
$358,715,000 | 0.02% |
| Pagerduty Inc |
No change
15,675
|
$355,509,000 | 0.02% |
| Upwork Inc |
Opened
28,972
|
$355,197,000 | 0.02% |
| Evertec Inc |
No change
8,847
|
$352,995,000 | 0.02% |
| Extreme Networks Inc. |
Closed
19,448
|
$343,063,000 | |
| Worthington Enterprises Inc. |
No change
5,411
|
$336,727,000 | 0.02% |
| Ishares Tr |
30.64%
14,736
|
$332,002,000 | 0.02% |
| Renaissancere Hldgs Ltd |
No change
1,390
|
$326,692,000 | 0.02% |
| Surgery Partners Inc |
No change
10,812
|
$322,522,000 | 0.02% |
| Wabash Natl Corp |
Closed
12,585
|
$322,428,000 | |
| Plexus Corp. |
No change
3,292
|
$312,147,000 | 0.02% |
| Enersys |
No change
3,237
|
$305,767,000 | 0.02% |
| Corcept Therapeutics Inc |
No change
12,102
|
$304,849,000 | 0.02% |
| Lantheus Holdings Inc |
Opened
4,407
|
$274,292,000 | 0.02% |
| Aon plc. |
Closed
882
|
$256,680,000 | |
| Boston Beer Co., Inc. |
Closed
730
|
$252,281,000 | |
| Ryan Specialty Holdings Inc |
Closed
5,823
|
$250,505,000 | |
| Yext Inc |
91.35%
39,800
|
$239,994,000 | 0.01% |
| Exelixis Inc |
Opened
9,620
|
$228,283,000 | 0.01% |
| Ross Stores, Inc. |
No change
1,530
|
$224,543,000 | 0.01% |
| Advanced Drain Sys Inc Del |
Opened
1,290
|
$222,190,000 | 0.01% |
| Public Storage |
Closed
695
|
$211,975,000 | |
| Pacira BioSciences Inc |
Opened
7,209
|
$210,647,000 | 0.01% |
| UiPath, Inc. |
Opened
9,020
|
$204,483,000 | 0.01% |
| Confluent Inc |
Opened
6,670
|
$203,568,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 198 holdings | |||
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- Sageview Advisory