SMITH CHAS P & ASSOCIATES PA CPAS
Long book
$1.84B
Q1 2026
Positions
176
Top-10 weight
42%
concentration
Last quarter
+11.1%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsSMITH CHAS P & ASSOCIATES PA CPAS is a diversified fundamental manager, running a $1.84B US long book across 176 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, ALPHABET INC-CL C, WALMART INC, JPMORGAN CHASE & CO, BERKSHIRE HATHAWAY INC-CL B.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.5%
Q2 2024
+8.3%
Q3 2024
-0.1%
Q4 2024
-1.4%
Q1 2025
+2.5%
Q2 2025
+7.2%
Q3 2025
+2.8%
Q4 2025
-2.3%
Q1 2026
+11.1%
Sector allocation
Technology 24%
Financials 20%
Consumer discretionary 18%
Industrials 12%
Healthcare 11%
Services media 6%
Consumer staples 3%
Other 3%
Long book by quarter
What does SMITH CHAS own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 423.6K | $107.5M | 5.8% | -3.1% |
| GOOG ALPHABET INC-CL C | Technology | 373.8K | $107.2M | 5.8% | -3.9% |
| WMT WALMART INC | Consumer discretionary | 721.5K | $89.7M | 4.9% | -2.4% |
| JPM JPMORGAN CHASE & CO | Financials | 298.0K | $87.6M | 4.8% | -1.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 162.9K | $78.0M | 4.2% | -0.9% |
| MSFT MICROSOFT CORP | Technology | 191.5K | $70.9M | 3.8% | +0.5% |
| HD HOME DEPOT INC | Consumer discretionary | 189.4K | $62.3M | 3.4% | -0.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 251.9K | $61.6M | 3.3% | -1.9% |
| LMT LOCKHEED MARTIN CORP | Industrials | 90.9K | $55.0M | 3.0% | -1.0% |
| MCD MCDONALD'S CORP | Consumer discretionary | 172.1K | $53.5M | 2.9% | -0.6% |
| CB CHUBB LTD | Financials | 155.6K | $50.7M | 2.8% | -1.3% |
| V VISA INC-CLASS A SHARES | Services media | 154.7K | $46.8M | 2.5% | -0.6% |
| MRK MERCK & CO. INC. | Healthcare | 367.5K | $44.2M | 2.4% | -0.9% |
| GD GENERAL DYNAMICS CORP | Industrials | 126.6K | $43.4M | 2.4% | -0.4% |
| AMGN AMGEN INC | Healthcare | 119.0K | $41.9M | 2.3% | +0.6% |
| PEP PEPSICO INC | Consumer staples | 260.0K | $40.4M | 2.2% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 190.4K | $39.7M | 2.2% | +5.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 272.3K | $39.3M | 2.1% | +0.9% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 133.7K | $38.8M | 2.1% | +0.1% |
| UNH UNITEDHEALTH GROUP INC | Financials | 138.7K | $37.5M | 2.0% | +9.6% |
| ITW ILLINOIS TOOL WORKS | Industrials | 133.0K | $34.6M | 1.9% | +11.1% |
| ACN ACCENTURE PLC-CL A | Services media | 158.8K | $31.5M | 1.7% | +25.6% |
| UNP UNION PACIFIC CORP | Industrials | 122.3K | $29.7M | 1.6% | +2.6% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 132.3K | $26.9M | 1.5% | +29.2% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 14 | $10.1M | 0.5% | +7.7% |
| CSCO CISCO SYSTEMS INC | Technology | 121.2K | $9.4M | 0.5% | -7.2% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 37.7K | $6.9M | 0.4% | -1.6% |
| NEE NEXTERA ENERGY INC | Utilities | 43.0K | $4.0M | 0.2% | -1.7% |
| ORCL ORACLE CORP | Technology | 26.6K | $3.9M | 0.2% | -0.8% |
| XOM EXXON MOBIL CORP | Energy | 21.4K | $3.6M | 0.2% | -2.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.4K | $3.4M | 0.2% | -3.3% |
| BWIN BALDWIN INSURANCE GROUP INC/ | Financials | 150.2K | $3.3M | 0.2% | +162.3% |
| CVX CHEVRON CORP | Energy | 15.3K | $3.2M | 0.2% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 10.2K | $2.9M | 0.2% | +6.8% |
| NVDA NVIDIA CORP | Technology | 15.6K | $2.7M | 0.1% | +6.5% |
| SO SOUTHERN CO/THE | Utilities | 24.3K | $2.3M | 0.1% | -2.4% |
| LOW LOWE'S COS INC | Consumer discretionary | 9.8K | $2.3M | 0.1% | -58.8% |
| META META PLATFORMS INC-CLASS A | Technology | 3.0K | $1.7M | 0.1% | +19.7% |
| KO COCA-COLA CO/THE | Consumer staples | 19.0K | $1.4M | 0.1% | +6.6% |
| CAT CATERPILLAR INC | Industrials | 1.8K | $1.3M | 0.1% | +7.5% |
| RTX RTX CORP | Industrials | 6.8K | $1.3M | 0.1% | +0.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 5.1K | $1.2M | 0.1% | +47.7% |
| AVGO BROADCOM INC | Technology | 3.7K | $1.2M | 0.1% | +5.5% |
| LLY ELI LILLY & CO | Healthcare | 1.3K | $1.2M | 0.1% | +3.3% |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.3K | $1.1M | 0.1% | +4.7% |
| CW CURTISS-WRIGHT CORP | Industrials | 1.4K | $969K | 0.1% | -22.0% |
| CL COLGATE-PALMOLIVE CO | Other | 10.9K | $931K | 0.1% | -1.5% |
| ABBV ABBVIE INC | Healthcare | 4.2K | $924K | 0.1% | Held |
| VZ VERIZON COMMUNICATIONS INC | Communications | 16.3K | $820K | 0.0% | -3.3% |
| TFC TRUIST FINANCIAL CORP | Financials | 16.0K | $736K | 0.0% | -5.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 176 | $1.84B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 179 | $1.99B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 127 | $1.15B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 166 | $1.78B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 163 | $1.72B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 159 | $1.76B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 11, 2024 | 156 | $1.77B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 144 | $1.69B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 25, 2024 | 152 | $1.66B | canonical | SEC ↗ |
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