Smith Asset Management Co., LLC has filed a Form 13F-HR with the Securities and Exchange Commission, disclosing its equity securities portfolio as of the close of business on September 30, 2026. The filing, signed by Chief Compliance Officer and Managing Member Benjamin S. Smith, lists a total of 73 separate holdings.

The largest position disclosed in the filing is a stake in Ares Capital Corporation, a business development company. Smith Asset Management holds 352,408 shares of Ares Capital. The firm also holds significant positions in several exchange-traded funds, including Vanguard Index Funds S&P 500 ETF Shares, BlackRock CR Allocation COM, and Calamos Strategic Total Return COM SH BEN INT.

Other notable individual stock holdings include Amazon.com Inc., with 7,847 shares, and Apple Inc., with 12,626 shares. The portfolio also includes positions in Berkshire Hathaway Inc. Class B, Walmart Inc., and Microsoft Corporation.