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Livermore
Livermore
ZHEN

Smith, Salley & Associates

SEC CIK
0001482012
Latest filing
Jul 23, 2026

Holdings in Q1 2024

Holdings as of Mar 31, 2024, filed May 2, 2024. Long positions only; changes compare share counts with Q4 2023.

Institution overview
Positions
222
−20 vs. Q4 2023
Portfolio value
$1.29B
−$258.8M (−16.7%) vs. Q4 2023
Filed
May 2, 2024
SEC
Holdings of Smith, Salley & Associates in Q1 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock196,883$82.8M6.4%−75,277−27.7%ReducedHistory
AAPLApple Inc.Stock337,276$57.8M4.5%−135,171−28.6%ReducedHistory
NVDANVIDIA CorpStock57,498$52.0M4.0%−15,929−21.7%ReducedHistory
AMZNAmazon Com IncStock220,948$39.9M3.1%−59,780−21.3%ReducedHistory
BRK.BBerkshire Hathaway IncStock90,589$38.1M3.0%−29,705−24.7%ReducedHistory
JPMJPMorgan Chase & CoStock174,704$35.0M2.7%−47,538−21.4%ReducedHistory
METAMeta Platforms, Inc.Stock70,033$34.0M2.6%−22,904−24.6%ReducedHistory
GOOGAlphabet Inc.Stock211,689$32.2M2.5%−80,448−27.5%ReducedHistory
ABBVAbbVie Inc.Stock157,004$28.6M2.2%−53,544−25.4%ReducedHistory
VVisa Inc.Stock99,620$27.8M2.2%−31,107−23.8%ReducedHistory
LOWLowes Companies IncStock107,356$27.3M2.1%−27,981−20.7%ReducedHistory
TJXTJX Companies IncStock235,107$23.8M1.9%−76,635−24.6%ReducedHistory
PGProcter & Gamble CoStock141,054$22.9M1.8%−41,350−22.7%ReducedHistory
TMOThermo Fisher Scientific Inc.Stock39,343$22.9M1.8%−11,494−22.6%ReducedHistory
NXPINXP Semiconductors N.V.COM88,492$21.9M1.7%−24,545−21.7%ReducedHistory
AMEAmetek IncCOM116,686$21.3M1.7%−35,181−23.2%ReducedHistory
PEPPepsiCo IncStock118,931$20.8M1.6%−20,097−14.5%ReducedHistory
MAMastercard IncStock43,220$20.8M1.6%−14,388−25.0%ReducedHistory
MRKMerck & Co., Inc.Stock156,227$20.6M1.6%−51,748−24.9%ReducedHistory
ASMLASML Holding NVADR19,098$18.5M1.4%−5,251−21.6%ReducedHistory
LINLinde PLCStock39,876$18.5M1.4%−12,281−23.5%ReducedHistory
ADIAnalog Devices IncStock92,161$18.2M1.4%−25,906−21.9%ReducedHistory
CVXChevron CorpStock115,302$18.2M1.4%−57,714−33.4%ReducedHistory
ROPRoper Technologies IncStock31,441$17.6M1.4%−10,444−24.9%ReducedHistory
UNPUnion Pacific CorpStock70,688$17.4M1.3%−8,508−10.7%ReducedHistory
NEENextera Energy IncStock270,053$17.3M1.3%−41,656−13.4%ReducedHistory
RTXRTX CorpStock174,697$17.0M1.3%−53,684−23.5%ReducedHistory
ABTAbbott LaboratoriesStock148,114$16.8M1.3%−42,216−22.2%ReducedHistory
STZConstellation Brands, Inc.Stock60,884$16.5M1.3%−17,591−22.4%ReducedHistory
BNBROOKFIELD CorpCL A LTD VT SH393,532$16.5M1.3%−127,688−24.5%ReducedHistory
ACNAccenture plcStock44,223$15.3M1.2%−12,739−22.4%ReducedHistory
ELVElevance Health, Inc.Stock28,511$14.8M1.1%−3,476−10.9%ReducedHistory
DEODiageo PLCSPON ADR NEW97,930$14.6M1.1%−27,403−21.9%ReducedHistory
SPGIS&P Global Inc.Stock34,011$14.5M1.1%−11,491−25.3%ReducedHistory
MDTMedtronic plcStock153,686$13.4M1.0%−35,801−18.9%ReducedHistory
INTCIntel CorpStock302,860$13.4M1.0%−97,702−24.4%ReducedHistory
HONHoneywell International IncCOM63,068$12.9M1.0%−21,727−25.6%ReducedHistory
MKLMarkel Group Inc.COM8,314$12.6M1.0%+563+7.3%AddedHistory
NOCNorthrop Grumman CorpStock22,058$10.6M0.8%−6,339−22.3%ReducedHistory
iShares Tr46434V613CORE UNIVRSL USD225,244$10.3M0.8%−28,252−11.1%Reduced–
DGDollar General CorpCOM62,692$9.78M0.8%−20,285−24.4%ReducedHistory
CHEChemed CorpCOM15,216$9.77M0.8%−4,622−23.3%ReducedHistory
XYLXylem Inc.COM74,293$9.60M0.7%−25,400−25.5%ReducedHistory
AVGOBroadcom Inc.Stock7,171$9.50M0.7%−5,809−44.8%ReducedHistory
PNCPNC Financial Services Group, Inc.Stock57,998$9.37M0.7%−15,852−21.5%ReducedHistory
GOOGLAlphabet Inc.Stock58,087$8.77M0.7%+2,911+5.3%AddedHistory
CASYCaseys General Stores IncCOM25,800$8.22M0.6%+25,800NewHistory
iShares Core MSCI Eafe ETF46432F842ETF105,418$7.82M0.6%−190−0.2%Reduced–
iShares Tr4642874407-10 YR TRSY BD74,034$7.01M0.5%−12,009−14.0%Reduced–
Fidelity MSCI Information Technology Index ETF316092808ETF44,300$6.90M0.5%−4,590−9.4%Reduced–
JNJJohnson & JohnsonStock43,554$6.89M0.5%−15,425−26.2%ReducedHistory
HDHome Depot, Inc.Stock16,943$6.50M0.5%−5,305−23.8%ReducedHistory
XOMExxonMobil Holdings CorpCOM54,268$6.31M0.5%+3,847+7.6%AddedHistory
iShares Tr4642874571 3 YR TREAS BD76,569$6.26M0.5%−49,928−39.5%Reduced–
DUKDuke Energy CORPStock58,606$5.67M0.4%−3,047−4.9%ReducedHistory
iShares Tr4642886613 7 YR TREAS BD45,593$5.28M0.4%−6,878−13.1%Reduced–
ETNEaton Corp plcStock16,846$5.27M0.4%−8,910−34.6%ReducedHistory
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS102,223$4.30M0.3%+9,265+10.0%AddedHistory
AMGNAmgen IncStock14,512$4.13M0.3%−3,568−19.7%ReducedHistory
BACBank of America CorpStock106,844$4.05M0.3%−38,271−26.4%ReducedHistory
ANETArista Networks, Inc.COM13,390$3.88M0.3%−1,086−7.5%ReducedHistory
iShares Tr46428743220 YR TR BD ETF40,135$3.80M0.3%+40,135New–
WMTWalmart Inc.Stock62,062$3.73M0.3%−11,570−15.7%ReducedConverted for a 3-for-1 splitHistory
iShares Tr464288588MBS ETF40,104$3.71M0.3%+40,104New–
Vanguard Information Technology ETF92204A702ETF7,066$3.71M0.3%−141−2.0%Reduced–
Vanguard Morningstar Total Stock Market ETF922908769ETF14,141$3.68M0.3%−166−1.2%Reduced–
iShares Core MSCI Emerging Markets ETF46434G103ETF70,472$3.64M0.3%+7,046+11.1%Added–
QCOMQualcomm IncStock21,312$3.61M0.3%−18,441−46.4%ReducedHistory
KOCoca Cola CoStock58,472$3.58M0.3%−27,017−31.6%ReducedHistory
CSCOCisco Systems, Inc.Stock68,218$3.40M0.3%−73,882−52.0%ReducedHistory
TXNTexas Instruments IncStock18,362$3.20M0.2%−9,637−34.4%ReducedHistory
SBUXStarbucks CorpStock34,016$3.11M0.2%−9,626−22.1%ReducedHistory
MCOMoodys CorpStock7,905$3.11M0.2%+516+7.0%AddedHistory
Fidelity MSCI Health Care Index ETF316092600ETF43,947$3.07M0.2%−3,197−6.8%Reduced–
CATCaterpillar IncStock8,277$3.03M0.2%−395−4.6%ReducedHistory
AXPAmerican Express CoStock13,183$3.00M0.2%+89+0.7%AddedHistory
Fidelity Covington Trust316092873MSCI COMMNTN SVC58,853$2.92M0.2%−182−0.3%Reduced–
EMREmerson Electric CoStock25,105$2.85M0.2%−10,207−28.9%ReducedHistory
ADBEAdobe Inc.Stock5,428$2.74M0.2%+87+1.6%AddedHistory
Fidelity MSCI Financials Index ETF316092501ETF40,615$2.41M0.2%+5,766+16.5%Added–
WFCWells Fargo & CompanyStock41,231$2.39M0.2%−19,239−31.8%ReducedHistory
Vanguard Dividend Appreciation ETF921908844ETF13,033$2.38M0.2%+60.0%Added–
HBANHuntington Bancshares IncCOM167,040$2.33M0.2%−64,583−27.9%ReducedHistory
NKENIKE, Inc.Stock24,787$2.33M0.2%−932−3.6%ReducedHistory
TAT&T Inc.Stock131,183$2.31M0.2%−23,047−14.9%ReducedHistory
CBChubb LtdStock8,848$2.29M0.2%−2,089−19.1%ReducedHistory
Invesco Exchange Traded FD T46137V613RAFI US 1000 ETF59,400$2.29M0.2%00.0%Unchanged–
IQVIQVIA Holdings Inc.Stock8,945$2.26M0.2%+2,118+31.0%AddedHistory
Vanguard Morningstar Growth ETF922908736ETF6,515$2.24M0.2%−181−2.7%Reduced–
MDLZMondelez International, Inc.Stock31,948$2.24M0.2%−15,614−32.8%ReducedHistory
AEPAmerican Electric Power Co IncStock25,848$2.23M0.2%−2,916−10.1%ReducedHistory
ENBEnbridge IncStock61,118$2.21M0.2%−45,489−42.7%ReducedHistory
MCDMcDonalds CorpStock7,690$2.17M0.2%−2,979−27.9%ReducedHistory
LMTLockheed Martin CorpStock4,711$2.14M0.2%−2,304−32.8%ReducedHistory
Fidelity Covington Trust316092709MSCI INDL INDX30,767$2.09M0.2%+4,902+19.0%Added–
PAYXPaychex IncStock16,591$2.04M0.2%−6,435−27.9%ReducedHistory
Fidelity Covington Trust316092204MSCI CONSM DIS24,249$2.00M0.2%+1,002+4.3%Added–
ITGartner IncCOM4,129$1.97M0.2%−273−6.2%ReducedHistory
USBUS Bancorp DECOM NEW42,120$1.88M0.1%−12,603−23.0%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF3,491$1.83M0.1%−27,665−88.8%ReducedHistory

Sold out since Q4 2023 (35)

Positions held at the end of Q4 2023 that are gone from this filing.

Positions of Smith, Salley & Associates sold out since Q4 2023
SecurityClassShares in Q4 2023Value in Q4 2023% of portfolio in Q4 2023History
AMNBAmerican National Bankshares Inc.COM124,702$6.08M0.4%History
iShares MSCI Eafe ETF464287465ETF71,706$5.40M0.3%–
FBNCFirst BancorpCOM113,742$4.21M0.3%History
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD141,908$3.82M0.2%–
VMCVulcan Materials COCOM14,030$3.18M0.2%History
GISGeneral Mills IncStock39,486$2.57M0.2%History
iShares Russell Midcap ETF464287499ETF26,497$2.06M0.1%–
COFCapital One Financial CorpStock12,048$1.58M0.1%History
CARRCarrier Global CorpStock26,718$1.53M0.1%History
iShares Tr464288612INTRM GOV CR ETF11,225$1.18M0.1%–
OTISOtis Worldwide CorpStock12,437$1.11M0.1%History
SPLKSplunk IncCOM5,659$862.1K0.1%History
iShares Core S&P Small Cap ETF464287804ETF7,589$821.5K0.1%–
GILDGilead Sciences, Inc.Stock10,099$818.1K0.1%History
iShares Tr464288414NATIONAL MUN ETF7,419$804.3K0.1%–
HOFTHooker Furnishings CorpCOM27,890$727.1K<0.1%History
CLColgate Palmolive CoStock8,741$696.7K<0.1%History
TSCOTractor Supply CoCOM3,213$690.9K<0.1%History
DDominion Energy, IncStock14,335$673.7K<0.1%History
iShares Tr464288760US AER DEF ETF4,437$561.8K<0.1%–
BRK.ABerkshire Hathaway IncCL A1$542.6K<0.1%History
NPVNuveen Virginia Quality Municipal Income FundCOM46,002$495.9K<0.1%History
iShares Russell 2000 ETF464287655ETF2,034$408.2K<0.1%–
PFEPfizer IncStock11,929$343.4K<0.1%History
LHLabcorp Holdings Inc.COM NEW1,401$318.4K<0.1%History
JBLJabil IncStock2,450$312.1K<0.1%History
SYYSysco CorpStock4,266$312.0K<0.1%History
iShares Russell 2000 Growth ETF464287648ETF1,104$278.5K<0.1%–
NUENucor CorpCOM1,547$269.3K<0.1%History
Vanguard Morningstar Large-Cap ETF922908637ETF1,137$248.0K<0.1%–
HEHawaiian Electric Industries IncCOM17,052$242.0K<0.1%History
iShares Tr464287630RUS 2000 VAL ETF1,399$217.3K<0.1%–
ATRAptargroup, Inc.Stock1,698$209.9K<0.1%History
WENWendy's CoStock10,625$206.9K<0.1%History
MINAberdeen Intermediate Income FundSH BEN INT15,760$42.2K<0.1%History