Smith & Howard Wealth Management, LLC
Long book
$462.4M
Q1 2026
Positions
88
Top-10 weight
66%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsSmith & Howard Wealth Management, LLC is a wealth-management firm allocating client money, running a $462.4M US long book across 88 positions.
The portfolio is concentrated: the top 10 names carry 66% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD CORE BOND ETF, VANGUARD TOTAL STOCK MKT ETF, ISHARES CORE MSCI EAFE ETF, VANGUARD VALUE ETF, JPMORGAN MUNICIPAL 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 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+6.4%
Q3 2024
-1.9%
Q4 2024
+0.4%
Q1 2025
+6.7%
Q2 2025
+5.8%
Q3 2025
+2.2%
Q4 2025
-0.4%
Q1 2026
+8.9%
Sector allocation
Technology 28%
Consumer staples 22%
Financials 20%
Consumer discretionary 10%
Healthcare 7%
Industrials 5%
Energy 4%
Other 2%
Long book by quarter
What does Smith & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| KO COCA-COLA CO/THE | Consumer staples | 76.3K | $5.8M | 1.3% | -2.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 7.9K | $3.8M | 0.8% | -1.4% |
| AAPL APPLE INC | Technology | 9.1K | $2.3M | 0.5% | -4.5% |
| NVDA NVIDIA CORP | Technology | 9.4K | $1.6M | 0.4% | +2.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.6K | $1.4M | 0.3% | +0.5% |
| HD HOME DEPOT INC | Consumer discretionary | 3.8K | $1.3M | 0.3% | -7.1% |
| PINS PINTEREST INC- CLASS A | Technology | 56.8K | $1.0M | 0.2% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 722 | $720K | 0.2% | +0.1% |
| MSFT MICROSOFT CORP | Technology | 1.8K | $683K | 0.1% | -6.2% |
| GOOG ALPHABET INC-CL C | Technology | 2.3K | $670K | 0.1% | -1.4% |
| XOM EXXON MOBIL CORP | Energy | 2.9K | $496K | 0.1% | -68.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 3.3K | $484K | 0.1% | -0.4% |
| JPM JPMORGAN CHASE & CO | Financials | 1.6K | $469K | 0.1% | -2.1% |
| GOOGL ALPHABET INC-CL A | Technology | 1.6K | $453K | 0.1% | +1.4% |
| META META PLATFORMS INC-CLASS A | Technology | 675 | $386K | 0.1% | +1.8% |
| MRSH MARSH & MCLENNAN COS | Financials | 2.1K | $364K | 0.1% | Held |
| SO SOUTHERN CO/THE | Utilities | 3.6K | $348K | 0.1% | New |
| GD GENERAL DYNAMICS CORP | Industrials | 1.0K | $343K | 0.1% | Held |
| CVX CHEVRON CORP | Energy | 1.7K | $342K | 0.1% | Held |
| LMT LOCKHEED MARTIN CORP | Industrials | 545 | $330K | 0.1% | +1.5% |
| GE GENERAL ELECTRIC | Industrials | 1.1K | $313K | 0.1% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4K | $288K | 0.1% | +2.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 842 | $262K | 0.1% | Held |
| COP CONOCOPHILLIPS | Energy | 2.0K | $259K | 0.1% | New |
| CBZ CBIZ INC | Services media | 9.6K | $258K | 0.1% | New |
| GEV GE VERNOVA INC | Industrials | 263 | $230K | 0.0% | New |
| UCB UNITED COMMUNITY BANKS/GA | Financials | 7.3K | $229K | 0.0% | Held |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 493 | $227K | 0.0% | -8.7% |
| RF REGIONS FINANCIAL CORP | Financials | 8.2K | $215K | 0.0% | Held |
| BAC BANK OF AMERICA CORP | Financials | 4.4K | $213K | 0.0% | Held |
| ABBV ABBVIE INC | Healthcare | 937 | $204K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 27, 2026 | 124 | $462.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 98 | $444.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 96 | $433.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 80 | $394.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 82 | $366.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 83 | $353.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 81 | $356.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 83 | $336.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 77 | $324.2M | canonical | SEC ↗ |