Smithfield Trust Co
Long book
$2.30B
Q1 2026
Positions
1086
Top-10 weight
42%
concentration
Last quarter
+9.6%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsSmithfield Trust Co is a wealth-management firm allocating client money, running a $2.30B US long book across 1086 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: VANGUARD S&P 500 ETF, VANGUARD SHORT-TERM TREASURY, VANGUARD SHORT-TERM BOND ETF, ISHARES 1-3 YEAR TREASURY BO, VANGUARD S/T CORP BOND 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
+1.5%
Q2 2024
+6.0%
Q3 2024
-0.5%
Q4 2024
-1.0%
Q1 2025
+6.6%
Q2 2025
+6.1%
Q3 2025
+2.1%
Q4 2025
-0.9%
Q1 2026
+9.6%
Sector allocation
Technology 34%
Financials 15%
Industrials 12%
Healthcare 11%
Consumer discretionary 7%
Other 5%
Services media 4%
Energy 4%
Long book by quarter
What does Smithfield Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 276.2K | $70.1M | 3.1% | +1.4% |
| MSFT MICROSOFT CORP | Technology | 91.7K | $34.0M | 1.5% | -0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 79.9K | $19.5M | 0.8% | -0.3% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 143.5K | $17.0M | 0.7% | -3.1% |
| NVDA NVIDIA CORP | Technology | 95.2K | $16.6M | 0.7% | +4.9% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 21 | $14.4M | 0.6% | -4.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 28.6K | $13.7M | 0.6% | +3.1% |
| XOM EXXON MOBIL CORP | Energy | 78.4K | $13.3M | 0.6% | +1.6% |
| GOOGL ALPHABET INC-CL A | Technology | 45.8K | $13.2M | 0.6% | +3.6% |
| GOOG ALPHABET INC-CL C | Technology | 42.1K | $12.1M | 0.5% | -3.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 55.5K | $11.5M | 0.5% | +5.8% |
| MRK MERCK & CO. INC. | Healthcare | 92.2K | $11.1M | 0.5% | +0.3% |
| ORCL ORACLE CORP | Technology | 72.0K | $10.6M | 0.5% | +9.9% |
| PG PROCTER & GAMBLE CO/THE | Other | 63.7K | $9.2M | 0.4% | -0.3% |
| LLY ELI LILLY & CO | Healthcare | 9.6K | $8.8M | 0.4% | +1.7% |
| JPM JPMORGAN CHASE & CO | Financials | 28.6K | $8.4M | 0.4% | +2.2% |
| AMAT APPLIED MATERIALS INC | Technology | 22.4K | $7.7M | 0.3% | Held |
| CHDN CHURCHILL DOWNS INC | Services media | 81.3K | $7.3M | 0.3% | Held |
| PEP PEPSICO INC | Consumer staples | 46.5K | $7.2M | 0.3% | +1.0% |
| ABBV ABBVIE INC | Healthcare | 32.1K | $7.0M | 0.3% | +0.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 20.8K | $6.5M | 0.3% | -0.5% |
| GE GENERAL ELECTRIC | Industrials | 21.4K | $6.1M | 0.3% | +1.0% |
| AVGO BROADCOM INC | Technology | 18.8K | $5.8M | 0.3% | +10.1% |
| WMT WALMART INC | Consumer discretionary | 43.6K | $5.4M | 0.2% | +2.7% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 24.2K | $5.0M | 0.2% | +0.4% |
| GEV GE VERNOVA INC | Industrials | 5.5K | $4.8M | 0.2% | +0.9% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 16.8K | $4.8M | 0.2% | Held |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 77.8K | $4.7M | 0.2% | +324.5% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 19.4K | $4.7M | 0.2% | +1.0% |
| UNP UNION PACIFIC CORP | Industrials | 18.5K | $4.5M | 0.2% | -0.2% |
| V VISA INC-CLASS A SHARES | Services media | 14.4K | $4.3M | 0.2% | +5.0% |
| CVX CHEVRON CORP | Energy | 19.9K | $4.1M | 0.2% | -13.6% |
| WOR WORTHINGTON ENTERPRISES INC | Industrials | 76.1K | $4.0M | 0.2% | Held |
| NEE NEXTERA ENERGY INC | Utilities | 41.7K | $3.9M | 0.2% | +5.7% |
| CAT CATERPILLAR INC | Industrials | 5.5K | $3.9M | 0.2% | Held |
| KTOS KRATOS DEFENSE & SECURITY | Industrials | 53.7K | $3.8M | 0.2% | New |
| PPG PPG INDUSTRIES INC | Other | 34.3K | $3.7M | 0.2% | Held |
| MA MASTERCARD INC - A | Services media | 7.2K | $3.6M | 0.2% | +1.4% |
| META META PLATFORMS INC-CLASS A | Technology | 6.1K | $3.5M | 0.2% | +5.5% |
| HD HOME DEPOT INC | Consumer discretionary | 10.6K | $3.5M | 0.2% | +14.9% |
| LRCX LAM RESEARCH CORP | Industrials | 15.0K | $3.2M | 0.1% | -5.7% |
| AXP AMERICAN EXPRESS CO | Financials | 10.5K | $3.2M | 0.1% | -0.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 30.5K | $3.1M | 0.1% | +0.2% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 5.9K | $2.9M | 0.1% | -25.5% |
| CSCO CISCO SYSTEMS INC | Technology | 34.0K | $2.6M | 0.1% | +0.9% |
| DE DEERE & CO | Industrials | 4.6K | $2.6M | 0.1% | -3.0% |
| KO COCA-COLA CO/THE | Consumer staples | 34.1K | $2.6M | 0.1% | +81.1% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 12.7K | $2.6M | 0.1% | -5.1% |
| AMGN AMGEN INC | Healthcare | 7.0K | $2.5M | 0.1% | +108.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 1329 | $2.30B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 1328 | $2.26B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 1259 | $2.24B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 1288 | $2.12B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 1266 | $2.00B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 1288 | $2.01B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 1260 | $2.04B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 1221 | $1.91B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 1285 | $1.89B | $K fixed canonical | SEC ↗ |