Smith Asset Management Group LP

CIK

1091561

Location

Dallas, TX

Portfolio Value

Mid $2,027,740,502

Diversification

Diversified

Filing Date

Global Rank

#1,160 / 6,051 ▼ 54 · as of Jun 2021

Top Industry

Software - Infrastructure 9.1%

Period ended 5 years ago

Filed Aug 6, 2021 · 5y

6 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2021, never from the firm's own description.

Style

Diversified active

Top 10 weight 36.7%, 43.8 effective positions, active share 60.2% against the S&P 500 as of 2021-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

49.7% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.0 quarters, but 69.4% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2021-06-30, active share 60.2%; sector active share 39.4% against the combined 13F book's sector weights.

Over time 6 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

345 tracked positions · as of Jun 30, 2021 · Δ vs Mar 31, 2021

Top Position

5.7%

−0.0 pts

Top 5

23.6%

+0.5 pts

Top 10

36.7%

+0.9 pts

HHI

228

Diversified+4

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2021

Sector	% Portfolio	Value	Positions
Technology	31.2%	$632,530,067	53
Consumer Cyclical	14.5%	$293,409,898	35
Financial Services	12.8%	$259,844,369	60
Healthcare	12.1%	$245,483,639	62
Industrials	11.6%	$234,997,683	31
Communication Services	8.7%	$175,994,965	11
Consumer Defensive	5.6%	$114,446,518	15
Energy	1.1%	$22,667,081	19
Real Estate	0.7%	$14,608,602	7
Utilities	0.6%	$12,623,259	5
Unclassified	0.6%	$12,038,000	26
Basic Materials	0.4%	$9,096,421	21

Last Quarter's Activity

Export CSV

Jun 30, 2021 vs Mar 31, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+443,500	443,820	$17,379,991
USB	US Bancorp De	+400,968	402,155	$22,910,770
UPS	United Parcel Service Inc	+135,969	238,050	$49,507,258
C	Citigroup Inc	+104,655	105,716	$7,479,407
COST	Costco Wholesale Corp	+69,759	96,710	$38,265,245
XRAY	DENTSPLY SIRONA Inc.	+64,470	189,829	$12,008,582
TTD	Trade Desk, Inc.	+61,137	67,930	$5,255,064
TGT	Target Corp	+38,741	190,211	$45,981,607
MU	Micron Technology Inc	+30,250	73,560	$6,251,128
—		+24,800	24,815	$6,078,000
BSBR	Banco Santander (Brasil) S.A.	+6,600	90,880	$713,807
NXST	Nexstar Media Group, Inc.	+3,835	54,117	$8,002,821
—		+2,809	2,995	$0
ZTS	Zoetis Inc.	+1,685	71,007	$13,232,864
MCK	Mckesson Corp	+1,600	43,994	$8,413,412
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+1,560	3,960	$475,833
IT	Gartner Inc	+1,360	49,137	$11,900,981
VALE	Vale S.A.	+1,280	1,660	$37,864
AMRX	Amneal Pharmaceuticals, Inc.	+1,200	4,190	$21,452
CSCO	Cisco Systems, Inc.	+725	871	$46,163
RDY	Dr Reddys Laboratories Ltd	+640	10,300	$757,153
GOOG	Alphabet Inc.	+616	10,204	$25,574,000
TXN	Texas Instruments Inc	+480	51,960	$9,991,908
FCX	Freeport-Mcmoran Inc	+440	102,128	$3,789,970
CVX	Chevron Corp	+408	65,534	$6,864,031
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PG	PROCTER & GAMBLE Co	−248,970	59	$7,960
LLY	ELI LILLY & Co	−160,788	75	$17,214
WMT	Walmart Inc.	−107,218	44,530	$6,279,625
MRK	Merck & Co., Inc.	−96,756	196,725	$15,299,303
SGI	Somnigroup International Inc.	−48,833	991,937	$38,874,011
FTNT	Fortinet, Inc.	−44,889	227,147	$54,104,143
NVST	Envista Holdings Corp	−24,760	619,279	$26,759,045
SPGI	S&P Global Inc.	−23,288	1,612	$661,645
AAPL	Apple Inc.	−22,880	847,442	$116,065,656
CDNS	Cadence Design Systems Inc	−22,462	226,104	$30,935,549
GEN	Gen Digital Inc.	−20,000	11,360	$309,219
MFC	Manulife Financial Corp	−19,420	127,210	$2,506,037
BP	Bp PLC	−16,501	88,847	$2,347,337
COF	Capital One Financial Corp	−13,376	294,158	$45,503,301
MSFT	Microsoft Corp	−12,745	423,698	$114,779,788
EME	EMCOR Group, Inc.	−10,381	207,176	$25,522,011
DOV	DOVER Corp	−10,376	175,690	$26,458,914
PYPL	PayPal Holdings, Inc.	−10,150	156,000	$45,470,880
EPAM	EPAM Systems, Inc.	−9,105	80,157	$40,957,020
DECK	Deckers Outdoor Corp	−7,045	100,996	$38,789,553
TMO	Thermo Fisher Scientific Inc.	−6,810	58,553	$29,538,231
ROK	Rockwell Automation, Inc	−6,775	84,149	$24,068,296
PH	Parker-Hannifin Corp	−6,067	155,322	$47,700,939
META	Meta Platforms, Inc.	−5,776	199,348	$69,315,293
ZBRA	Zebra Technologies Corp	−5,560	71,698	$37,963,374
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
KLAC	Kla Corp	78,072	$25,311,723
IQV	Iqvia Holdings Inc.	103,107	$24,984,888
EG	Everest Group, Ltd.	52,500	$13,230,525
CRI	Carters Inc	123,000	$12,689,910
ALGN	Align Technology Inc	15,570	$9,513,270
STE	STERIS plc	44,954	$9,274,010
SYY	Sysco Corp	98,295	$7,642,436
A	Agilent Technologies, Inc.	8,050	$1,189,870
ACN	Accenture plc	3,815	$1,124,623
URI	United Rentals, Inc.	3,005	$958,625
BC	Brunswick Corp	8,920	$888,610
NTNX	Nutanix, Inc.	20,400	$779,688
PZZA	Papa Johns International Inc	6,962	$727,111
AMN	Amn Healthcare Services Inc	7,064	$685,066
HCKT	Hackett Group, Inc.	36,583	$659,225
SPOT	Spotify Technology S.A.	2,300	$633,857
VEEV	Veeva Systems Inc	1,120	$348,264
TJX	Tjx Companies Inc	4,805	$323,953
EHC	Encompass Health Corp	3,510	$273,885
ZM	Zoom Communications, Inc.	430	$166,422
FND	Floor & Decor Holdings, Inc.	1,450	$153,265
HPQ	Hp Inc	5,060	$152,761
MIDD	MIDDLEBY Corp	875	$151,602
ULTA	Ulta Beauty, Inc.	420	$145,223
FIVE	Five Below, Inc	740	$143,019
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		574,290	$42,716,000
ABT	Abbott Laboratories	175,909	$21,080,934
EBAY	Ebay Inc	193,547	$11,852,818
Z	Zillow Group, Inc.	91,046	$11,803,203
TROW	Price T Rowe Group Inc	65,192	$11,186,947
NFLX	Netflix Inc	11,696	$6,101,335
UI	Ubiquiti Inc.	15,821	$4,719,404
MA	Mastercard Inc	2,030	$722,781
CHTR	Charter Communications, Inc.	1,105	$681,807
AHCO	AdaptHealth Corp.	17,762	$652,931
ADUS	Addus HomeCare Corp	6,080	$635,907
BBY	Best Buy Co Inc	5,310	$609,641
DVA	Davita Inc.	2,310	$248,948
PRI	Primerica, Inc.	1,220	$180,340
NKE	NIKE, Inc.	1,300	$172,757
SSNC	SS&C Technologies Holdings Inc	1,920	$134,150
DG	Dollar General Corp	600	$121,572
BNY	Bank of New York Mellon Corp	634	$29,981
BOKF	Bok Financial Corp	251	$22,419
FHI	Federated Hermes, Inc.	660	$20,658
WD	Walker & Dunlop, Inc.	160	$16,438
—		120	$15,000
STT	State Street Corp	129	$10,837
TTGT	TechTarget, Inc.	140	$9,723
OKE	Oneok Inc	180	$9,118
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

345 tracked positions · $2,027,740,502 total · filing declares 362 positions · $2,040,593,000 · as of Jun 30, 2021

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 345 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	847,442	-22,880	$116,065,656	+9.2%	6+	before history	5.72%
MSFT	Microsoft Corp Technology	Reduced	423,698	-12,745	$114,779,788	+11.5%	6+	before history	5.66%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	25,202	-930	$86,698,912	+7.2%	6+	before history	4.28%
META	Meta Platforms, Inc. Communication Services	Reduced	199,348	-5,776	$69,315,293	+14.7%	6+	before history	3.42%
GOOGL	Alphabet Inc. Communication Services	Reduced	27,488	-521	$67,119,923	+16.2%	6+	before history	3.31%
NVDA	Nvidia Corp Technology	Reduced	75,933	-3,364	$60,753,993	+43.5%	6+	before history	3.00%
FTNT	Fortinet, Inc. Technology	Reduced	227,147	-44,889	$54,104,143	+7.8%	6+	before history	2.67%
ADBE	Adobe Inc. Technology	Reduced	85,826	-3,431	$50,263,138	+18.5%	6+	before history	2.48%
UPS	United Parcel Service Inc Industrials	Added	238,050	+135,969	$49,507,258	+185.3%	3	$184.20	2.44%
JPM	Jpmorgan Chase & Co Financial Services	Added	317,777	+209	$49,427,034	+2.2%	6+	before history	2.44%
PH	Parker-Hannifin Corp Industrials	Reduced	155,322	-6,067	$47,700,939	−6.3%	5	$197.39	2.35%
TGT	Target Corp Consumer Defensive	Added	190,211	+38,741	$45,981,607	+53.3%	6+	before history	2.27%
COF	Capital One Financial Corp Financial Services	Reduced	294,158	-13,376	$45,503,301	+16.3%	6+	before history	2.24%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	156,000	-10,150	$45,470,880	+12.7%	6+	before history	2.24%
EPAM	EPAM Systems, Inc. Technology	Reduced	80,157	-9,105	$40,957,020	+15.7%	6+	before history	2.02%
SGI	Somnigroup International Inc. Consumer Cyclical	Reduced	991,937	-48,833	$38,874,011	+2.2%	5	$19.28	1.92%
DECK	Deckers Outdoor Corp Consumer Cyclical	Reduced	100,996	-7,045	$38,789,553	+8.7%	6+	before history	1.91%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	197,714	-4,682	$38,350,584	−0.4%	5	$138.69	1.89%
COST	Costco Wholesale Corp Consumer Defensive	Added	96,710	+69,759	$38,265,245	+302.8%	6+	before history	1.89%
ZBRA	Zebra Technologies Corp Technology	Reduced	71,698	-5,560	$37,963,374	+1.3%	6+	before history	1.87%
CDNS	Cadence Design Systems Inc Technology	Reduced	226,104	-22,462	$30,935,549	−9.1%	6+	before history	1.53%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	58,553	-6,810	$29,538,231	−1.0%	4	$442.80	1.46%
WST	West Pharmaceutical Services Inc Healthcare	Reduced	79,713	-5,252	$28,624,938	+19.6%	2	$286.20	1.41%
NVST	Envista Holdings Corp Healthcare	Reduced	619,279	-24,760	$26,759,045	+1.8%	3	$37.86	1.32%
DOV	DOVER Corp Industrials	Reduced	175,690	-10,376	$26,458,914	+3.7%	6+	before history	1.30%
GOOG	Alphabet Inc. Communication Services	Added	10,204	+616	$25,574,000	+28.9%	6+	before history	1.26%
EME	EMCOR Group, Inc. Industrials	Reduced	207,176	-10,381	$25,522,011	+4.6%	6+	before history	1.26%
AZO	Autozone Inc Consumer Cyclical	Reduced	17,092	-368	$25,505,024	+4.0%	6+	before history	1.26%
AMP	Ameriprise Financial Inc Financial Services	Reduced	102,385	-5,041	$25,481,578	+2.0%	6+	before history	1.26%
KLAC	Kla Corp Technology	NEW	78,072	NEW	$25,311,723	NEW	1	$320.44	1.25%
IQV	Iqvia Holdings Inc. Healthcare	NEW	103,107	NEW	$24,984,888	NEW	1	$230.90	1.23%
ROK	Rockwell Automation, Inc Industrials	Reduced	84,149	-6,775	$24,068,296	−0.3%	6+	before history	1.19%
USB	US Bancorp De Financial Services	Added	402,155	+400,968	$22,910,770	+34797.3%	6+	before history	1.13%
ARW	Arrow Electronics, Inc. Technology	Reduced	197,751	-2,911	$22,509,996	+1.2%	3	$88.50	1.11%
GNRC	Generac Holdings Inc. Industrials	Reduced	52,917	-722	$21,968,492	+25.1%	6+	before history	1.08%
ABBV	AbbVie Inc. Healthcare	Reduced	187,397	-3,044	$21,108,398	+2.4%	6+	before history	1.04%
ETN	Eaton Corp plc Industrials	Held	118,428	0	$17,548,661	+7.2%	2	$128.91	0.87%
PFE	Pfizer Inc Healthcare	Added	443,820	+443,500	$17,379,991	+149818.0%	6+	before history	0.86%
ITW	Illinois Tool Works Inc Industrials	Reduced	76,144	-40	$17,022,752	+0.9%	3	$207.01	0.84%
CFG	Citizens Financial Group Inc Financial Services	Held	345,739	0	$15,859,047	+3.9%	2	$41.62	0.78%
MRK	Merck & Co., Inc. Healthcare	Reduced	196,725	-96,756	$15,299,303	−32.4%	6+	before history	0.75%
IP	International Paper Co Consumer Cyclical	Reduced	244,974	-1,865	$15,019,352	+12.5%	6+	before history	0.74%
ACGL	Arch Capital Group Ltd. Financial Services	Held	376,159	0	$14,647,631	+1.5%	2	$35.58	0.72%
UNH	Unitedhealth Group Inc Healthcare	Added	33,769	+195	$13,522,458	+8.3%	6+	before history	0.67%
HD	Home Depot, Inc. Consumer Cyclical	Added	41,827	+20	$13,338,212	+4.5%	6+	before history	0.66%
ZTS	Zoetis Inc. Healthcare	Added	71,007	+1,685	$13,232,864	+21.2%	2	$158.80	0.65%
EG	Everest Group, Ltd. Financial Services	NEW	52,500	NEW	$13,230,525	NEW	1	$260.28	0.65%
JBL	Jabil Inc Technology	Reduced	221,640	-760	$12,881,716	+11.0%	6+	before history	0.64%
CRI	Carters Inc Consumer Cyclical	NEW	123,000	NEW	$12,689,910	NEW	1	$101.86	0.63%
XRAY	DENTSPLY SIRONA Inc. Healthcare	Added	189,829	+64,470	$12,008,582	+50.1%	2	$60.67	0.59%

Showing the top 50 of 345 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.