GDS Wealth Management

RIA/Wealth

GDS Wealth Management is a RIA/Wealth based in Flower Mound, TX led by Glen David Smith, managing $1.5B across 186 long positions as of Q3 2025 with 32% ETF concentration.

PresidentGlen David Smith

Portfolio Value: $1.5B
Positions: 186
Top Holding: LQD at 5.25%
Last Reported: Q3 2025

Address2910 Lakeside Village Blvd, Flower Mound, TX, 75022, United States

Top Holdings

Largest long holdings in GDS Wealth Management's portfolio (26.9% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 iShares iBoxx $ Investment Grade Corporate Bond LQD	ETF ETF	$79.6M	5.25%	+$10.2M Bought	— 714.0K shares	Q4 2021 Held for 3y 11m
2 Vanguard Intermediate-Term Corporate Bond VCIT	ETF ETF	$53.9M	3.56%	+$6.0M Bought	— 640.3K shares	Q2 2023 Held for 2y 5m
3 Vanguard Long-Term Corporate Bond VCLT	ETF ETF	$51.0M	3.37%	+$6.9M Bought	— 656.6K shares	Q1 2024 Held for 1y 8m
4 iShares Core International Aggregate Bond IAGG	ETF ETF	$39.8M	2.62%	+$3.0M Bought	— 776.1K shares	Q4 2021 Held for 3y 11m
5 iShares International Select Dividend IDV	ETF ETF	$31.8M	2.10%	+$1.1M Bought	— 870.7K shares	Q4 2022 Held for 2y 11m
6 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$30.9M	2.04%	+$623.1K Bought	0.00% 126.9K shares	Q4 2021 Held for 3y 11m
7 Apple AAPL	Consumer Electronics Technology	$30.6M	2.02%	+$1.6M Bought	0.00% 120.0K shares	Q4 2021 Held for 3y 11m
8 Walmart WMT	Discount Stores Consumer Defensive	$30.4M	2.01%	+$1.0M Bought	0.00% 294.8K shares	Q4 2021 Held for 3y 11m
9 Microsoft MSFT	Software - Infrastructure Technology	$30.3M	2.00%	+$1.6M Bought	0.00% 58.5K shares	Q4 2021 Held for 3y 11m
10 iShares Core S&P U.S. Value IUSV	ETF ETF	$29.5M	1.95%	-$1.9M Sold	— 295.6K shares	Q4 2021 Held for 3y 11m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in GDS Wealth Management's latest filing

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Market Value

$1.5B

Prior: $1.4B

Q/Q Change

+10.5%

+$144.0M

Net Flows % of MV

+6.37%

Turnover Ratio

4.33%

New Purchases

14 stocks

$6.2M

Added To

109 stocks

+$115.9M

Sold Out Of

5 stocks

$1.5M

Reduced Holdings

44 stocks

-$24.2M

Increased Positions

Position	Shares Δ	Change
1 Paycom Software PAYC	New	0 → 7.8K +$1.6M
2 Information Services Group III	New	0 → 194.5K +$1.1M
3 Cincinnati Financial CINF	New	0 → 3.8K +$598.7K
4 Sherwin-Williams SHW	New	0 → 1.0K +$358.4K
5 Altria Group MO	New	0 → 5.0K +$329.2K

Decreased Positions

Position	Shares Δ	Change
1 Incyte INCY	Sold	6.6K → 0 −$448.6K
2 Dine Brands Global DIN	Sold	16.6K → 0 −$404.2K
3 Upstart Holdings, Inc. UPST	Sold	3.5K → 0 −$223.3K
4 Pacific Premier Bancorp PPBI	Sold	9.9K → 0 −$209.6K
5 Financial Select Sector SPDR Fund XLF	Sold	3.9K → 0 −$205.8K

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Analytics

Portfolio insights and performance metrics for GDS Wealth Management

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Sector Allocation

ETF

32.20%

Technology

25.10%

Healthcare

8.80%

Financial Services

8.70%

Consumer Cyclical

8.20%

Communication Services

5.10%

Industrials

4.00%

Consumer Defensive

3.70%

Energy

1.60%

Utilities

1.00%

Basic Materials

0.80%

Real Estate

0.80%

Market Cap Distribution

Mega Cap (> $200B)

24.89%

Large Cap ($10B - $200B)

38.19%

Mid Cap ($2B - $10B)

2.36%

Small Cap ($300M - $2B)

1.00%

Micro Cap ($50M - $300M)

0.08%

Nano Cap (< $50M)

1.28%

N/A (ETF or Unknown)

32.20%

Portfolio Concentration

Top 10 Holdings %

26.91%

Top 20 Holdings %

44.06%

Top 50 Holdings %

78.18%

Top 100 Holdings %

97.82%