SHEETS SMITH WEALTH MANAGEMENT
Long book
$888.5M
Q1 2026
Positions
393
Top-10 weight
26%
concentration
Last quarter
+11.0%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsSHEETS SMITH WEALTH MANAGEMENT is an institutional manager, running a $888.5M US long book across 393 positions.
The portfolio is moderately concentrated (top 10 ≈ 26% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE S&P 500 ETF, ALPHABET INC-CL C, COCA-COLA CO/THE, SCHWAB US LARGE-CAP ETF.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.6%
Q2 2024
+5.8%
Q3 2024
+0.1%
Q4 2024
-1.8%
Q1 2025
+5.8%
Q2 2025
+5.9%
Q3 2025
+3.5%
Q4 2025
-1.2%
Q1 2026
+11.0%
Sector allocation
Technology 20%
Consumer discretionary 19%
Healthcare 11%
Industrials 10%
Financials 9%
Consumer staples 8%
Services media 7%
Other 6%
Long book by quarter
What does SHEETS SMITH own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 95.6K | $27.4M | 3.1% | -8.6% |
| KO COCA-COLA CO/THE | Consumer staples | 330.9K | $25.2M | 2.8% | 0.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 83.9K | $17.5M | 2.0% | -8.7% |
| V VISA INC-CLASS A SHARES | Services media | 46.3K | $14.0M | 1.6% | -11.0% |
| LLY ELI LILLY & CO | Healthcare | 14.4K | $13.3M | 1.5% | -3.9% |
| AAPL APPLE INC | Technology | 51.8K | $13.2M | 1.5% | +1.1% |
| NVDA NVIDIA CORP | Technology | 69.7K | $12.2M | 1.4% | -10.2% |
| XOM EXXON MOBIL CORP | Energy | 71.3K | $12.1M | 1.4% | +1.1% |
| TJX TJX COMPANIES INC | Consumer discretionary | 68.6K | $11.0M | 1.2% | -9.0% |
| ECL ECOLAB INC | Other | 36.2K | $9.6M | 1.1% | -15.4% |
| TSCO TRACTOR SUPPLY COMPANY | Consumer discretionary | 201.9K | $9.1M | 1.0% | -13.8% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 202.0K | $7.6M | 0.9% | Held |
| PEP PEPSICO INC | Consumer staples | 48.4K | $7.5M | 0.8% | -3.9% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 13.9K | $7.2M | 0.8% | -22.9% |
| JPM JPMORGAN CHASE & CO | Financials | 23.5K | $6.9M | 0.8% | +11.5% |
| CPRT COPART INC | Consumer discretionary | 203.2K | $6.7M | 0.8% | -20.3% |
| IQV IQVIA HOLDINGS INC | Healthcare | 38.2K | $6.5M | 0.7% | -16.2% |
| AMGN AMGEN INC | Healthcare | 17.7K | $6.2M | 0.7% | +0.2% |
| MTZ MASTEC INC | Industrials | 18.4K | $5.9M | 0.7% | -6.8% |
| COHR COHERENT CORP | Other | 24.5K | $5.8M | 0.7% | -2.0% |
| GWW WW GRAINGER INC | Consumer discretionary | 5.2K | $5.7M | 0.6% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 15.0K | $5.5M | 0.6% | -6.0% |
| FCNCA FIRST CITIZENS BCSHS -CL A | Financials | 2.9K | $5.5M | 0.6% | +0.8% |
| INTU INTUIT INC | Technology | 12.1K | $5.2M | 0.6% | -23.7% |
| UBER UBER TECHNOLOGIES INC | Services media | 72.3K | $5.2M | 0.6% | +0.1% |
| COR CENCORA INC | Consumer discretionary | 14.4K | $4.5M | 0.5% | 0.0% |
| GOOGL ALPHABET INC-CL A | Technology | 15.7K | $4.5M | 0.5% | +0.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.4K | $4.4M | 0.5% | +4.9% |
| IBRX IMMUNITYBIO INC | Healthcare | 552.0K | $4.2M | 0.5% | -12.7% |
| HD HOME DEPOT INC | Consumer discretionary | 12.8K | $4.2M | 0.5% | +0.8% |
| DUK DUKE ENERGY CORP | Utilities | 28.0K | $3.7M | 0.4% | +0.2% |
| BLK BLACKROCK INC | Financials | 3.5K | $3.3M | 0.4% | +0.1% |
| ABBV ABBVIE INC | Healthcare | 14.9K | $3.2M | 0.4% | +0.4% |
| FNB FNB CORP | Financials | 191.2K | $3.2M | 0.4% | 0.0% |
| TMUS T-MOBILE US INC | Communications | 14.5K | $3.0M | 0.3% | +9.7% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 28.6K | $2.9M | 0.3% | -25.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 10.7K | $2.6M | 0.3% | +2.2% |
| MRK MERCK & CO. INC. | Healthcare | 21.4K | $2.6M | 0.3% | +1.0% |
| WSM WILLIAMS-SONOMA INC | Consumer discretionary | 13.9K | $2.5M | 0.3% | -2.4% |
| RBC RBC BEARINGS INC | Industrials | 4.5K | $2.4M | 0.3% | -4.7% |
| TPR TAPESTRY INC | Other | 16.9K | $2.4M | 0.3% | Held |
| NOW SERVICENOW INC | Technology | 22.4K | $2.3M | 0.3% | +0.1% |
| NKE NIKE INC -CL B | Other | 44.2K | $2.3M | 0.3% | -31.3% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 9.9K | $2.2M | 0.3% | +0.3% |
| PANW PALO ALTO NETWORKS INC | Technology | 13.8K | $2.2M | 0.2% | +142.4% |
| OTIS OTIS WORLDWIDE CORP | Industrials | 28.0K | $2.2M | 0.2% | -14.6% |
| WMT WALMART INC | Consumer discretionary | 17.3K | $2.1M | 0.2% | +1.7% |
| OKE ONEOK INC | Utilities | 23.5K | $2.1M | 0.2% | 0.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 393 | $888.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 20, 2026 | 393 | $911.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 397 | $883.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 397 | $854.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 356 | $804.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 375 | $819.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 374 | $817.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 377 | $836.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 379 | $893.1M | canonical | SEC ↗ |
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