Smith Group Asset Management, LLC

Long Only Manager

Smith Group Asset Management, LLC is a Long Only Manager based in Dallas, TX led by Stephen Spencer Smith, managing $1.7B across 172 long positions as of Q3 2025 with 37% Technology concentration.

CEOStephen Spencer Smith

Portfolio Value: $1.7B
Positions: 172
Top Holding: MSFT at 4.6%
Last Reported: Q3 2025

Address100 Crescent Court, Suite 1150, Dallas, TX, 75201, United States

Top Holdings

Largest long holdings in Smith Group Asset Management, LLC's portfolio (35.6% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Microsoft MSFT	Software - Infrastructure Technology	$80.1M	4.60%	+$3.8M Bought	0.00% 154.6K shares	Q4 2023 Held for 1y 11m
2 Broadcom Inc. AVGO	Semiconductors Technology	$74.5M	4.28%	+$4.0M Bought	0.00% 225.7K shares	Q4 2023 Held for 1y 11m
3 Apple AAPL	Consumer Electronics Technology	$70.2M	4.03%	+$4.1M Bought	0.00% 275.5K shares	Q4 2023 Held for 1y 11m
4 Applovin Corporation APP	Software - Application Technology	$62.0M	3.56%	-$19.1M Sold	0.03% 86.3K shares	Q4 2023 Held for 1y 11m
5 KLA Corporation KLAC	Semiconductors Technology	$61.6M	3.54%	+$3.3M Bought	0.04% 57.1K shares	Q4 2023 Held for 1y 11m
6 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$56.2M	3.23%	+$2.1M Bought	0.00% 231.2K shares	Q4 2023 Held for 1y 11m
7 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$55.5M	3.19%	+$2.4M Bought	0.00% 75.5K shares	Q4 2023 Held for 1y 11m
8 Arista Networks ANET	Computer Hardware Technology	$54.0M	3.10%	+$1.3M Bought	0.03% 370.7K shares	Q4 2023 Held for 1y 11m
9 Parker-Hannifin PH	Industrial - Machinery Industrials	$53.9M	3.10%	+$2.8M Bought	0.06% 71.2K shares	Q4 2023 Held for 1y 11m
10 Comfort Systems USA FIX	Engineering & Construction Industrials	$51.7M	2.97%	+$2.3M Bought	0.18% 62.7K shares	Q4 2023 Held for 1y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Smith Group Asset Management, LLC's latest filing

See all changes

GthenC

Market Value

$1.7B

Prior: $1.5B

Q/Q Change

+14.11%

+$215.2M

Net Flows % of MV

+2.07%

Turnover Ratio

7.09%

New Purchases

14 stocks

$44.2M

Added To

83 stocks

+$95.6M

Sold Out Of

18 stocks

$60.3M

Reduced Holdings

36 stocks

-$43.4M

Increased Positions

Position	Shares Δ	Change
1 Analog Devices ADI	New	0 → 148.7K +$36.5M
2 Wayfair W	New	0 → 14.7K +$1.3M
3 Pegasystems PEGA	New	0 → 21.8K +$1.3M
4 Lumentum Holdings Inc. LITE	New	0 → 6.8K +$1.1M
5 Mastercard MA	New	0 → 1.2K +$666.1K

Decreased Positions

Position	Shares Δ	Change
1 Marvell Technology, Inc. MRVL	Sold	371.5K → 0 −$28.8M
2 Light & Wonder, Inc. LNW	Sold	154.7K → 0 −$14.9M
3 Check Point Software Technologies CHKP	Sold	35.1K → 0 −$7.8M
4 Twilio TWLO	Sold	14.7K → 0 −$1.8M
5 Fortinet FTNT	Sold	11.0K → 0 −$1.2M