SMITH CHAS P & ASSOCIATES PA CPAS' Q3 2025 13F: 7 new positions, 46 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Nov 12, 2025 · 127 reported positions · accession 0001082509-25-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | MICROSOFT CORP (MSFT) | 5.7% | 5.2% | −0.5 pts | −89,385 sh | −44% |
| Reduced | ALPHABET INC (GOOG) | 4.4% | 5.3% | +0.9 pts | −188K sh | −43% |
| Reduced | JPMORGAN CHASE & CO. (JPM) | 5.5% | 5.3% | −0.2 pts | −145K sh | −43% |
| Reduced | APPLE INC (AAPL) | 5.4% | 6.3% | +0.9 pts | −180K sh | −39% |
| Reduced | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 4.7% | 4.3% | −0.4 pts | −72,509 sh | −42% |
| Reduced | WALMART INC (WMT) | 4.4% | 4.1% | −0.3 pts | −339K sh | −43% |
| Reduced | HOME DEPOT INC (HD) | 4.1% | 4.1% | 0.0 pts | −81,351 sh | −41% |
| Reduced | COMCAST CORP NEW (CMCSA) | 1.5% | 0.0% | −1.5 pts | −737K sh | −99% |
| Reduced | VISA INC (V) | 3.2% | 2.8% | −0.4 pts | −66,743 sh | −41% |
| Reduced | MCDONALDS CORP (MCD) | 2.9% | 2.7% | −0.2 pts | −73,115 sh | −41% |
| Reduced | INVESCO QQQ TR (QQQ) | 2.6% | 2.6% | 0.0 pts | −33,304 sh | −40% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 2.2% | 2.6% | +0.3 pts | −100K sh | −39% |
| Reduced | CHUBB LIMITED (CB) | 2.6% | 2.3% | −0.3 pts | −65,570 sh | −41% |
| Reduced | LOCKHEED MARTIN CORP (LMT) | 2.3% | 2.3% | 0.0 pts | −35,139 sh | −39% |
| Reduced | FIRST TR EXCH TRADED FD III (FPEI) | 2.4% | 2.3% | −0.1 pts | −901K sh | −39% |
| Reduced | GENERAL DYNAMICS CORP (GD) | 2.1% | 2.3% | +0.2 pts | −50,929 sh | −40% |
| Reduced | FIRST TR EXCHANGE-TRADED FD (SDVY) | 2.0% | 1.9% | −0.1 pts | −445K sh | −43% |
| Exited | UNITED PARCEL SERVICE INC (UPS) | 1.4% | — | −1.4 pts | −254K sh | −100% |
| Reduced | PROCTER AND GAMBLE CO (PG) | 2.4% | 2.2% | −0.3 pts | −107K sh | −40% |
| Reduced | AIR PRODS & CHEMS INC (APD) | 2.1% | 1.9% | −0.2 pts | −54,183 sh | −41% |
| Reduced | ISHARES TR (IVV) | 2.4% | 2.8% | +0.3 pts | −21,934 sh | −31% |
| Reduced | ILLINOIS TOOL WKS INC (ITW) | 1.9% | 1.9% | 0.0 pts | −53,086 sh | −39% |
| Reduced | PEPSICO INC (PEP) | 1.9% | 1.9% | 0.0 pts | −95,431 sh | −38% |
| Reduced | AMGEN INC (AMGN) | 1.8% | 1.7% | −0.1 pts | −47,455 sh | −41% |
| Reduced | AUTOMATIC DATA PROCESSING IN (ADP) | 1.9% | 1.8% | −0.2 pts | −42,953 sh | −38% |
| Reduced | INVESCO EXCH TRADED FD TR II (QQQM) | 1.7% | 1.8% | +0.1 pts | −48,385 sh | −36% |
| Increased | NOVO-NORDISK A S (NVO) | 0.8% | 1.9% | +1.2 pts | +208K sh | +105% |
| Reduced | AMAZON COM INC (AMZN) | 2.0% | 2.0% | +0.1 pts | −51,890 sh | −33% |
| Reduced | UNITEDHEALTH GROUP INC (UNH) | 2.0% | 2.5% | +0.5 pts | −31,192 sh | −27% |
| Reduced | MERCK & CO INC (MRK) | 1.6% | 1.7% | +0.1 pts | −127K sh | −36% |
| Reduced | HERSHEY CO (HSY) | 1.3% | 1.4% | +0.1 pts | −55,334 sh | −39% |
| Reduced | ACCENTURE PLC IRELAND (ACN) | 2.1% | 1.8% | −0.3 pts | −39,217 sh | −32% |
| Reduced | FIDELITY COMWLTH TR (ONEQ) | 1.0% | 1.0% | 0.0 pts | −96,827 sh | −43% |
| Reduced | ISHARES TR (DGRO) | 1.0% | 1.0% | 0.0 pts | −117K sh | −41% |
| Reduced | FIDELITY COVINGTON TRUST (FQAL) | 0.9% | 0.9% | 0.0 pts | −97,787 sh | −42% |
| Reduced | CISCO SYS INC (CSCO) | 0.7% | 0.5% | −0.1 pts | −81,586 sh | −47% |
| Exited | LOWES COS INC (LOW) | 0.3% | — | −0.3 pts | −24,550 sh | −100% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 0.9% | 1.1% | +0.3 pts | −5,305 sh | −21% |
| Reduced | CAPITAL ONE FINL CORP (COF) | 0.5% | 0.5% | 0.0 pts | −15,746 sh | −36% |
| Reduced | COSTCO WHSL CORP NEW (COST) | 0.2% | 0.1% | −0.1 pts | −2,937 sh | −67% |
| Reduced | NEXTERA ENERGY INC (NEE) | 0.3% | 0.2% | −0.1 pts | −34,961 sh | −54% |
| Reduced | NVIDIA CORPORATION (NVDA) | 0.2% | 0.1% | −0.1 pts | −13,012 sh | −74% |
| Reduced | ISHARES TR (IJR) | 0.5% | 0.6% | +0.1 pts | −20,234 sh | −25% |
| Reduced | ISHARES TR (IWM) | 0.3% | 0.3% | 0.0 pts | −7,376 sh | −36% |
| Increased | UNION PAC CORP (UNP) | 0.8% | 1.4% | +0.6 pts | +7,256 sh | +12% |
| Reduced | META PLATFORMS INC (META) | 0.1% | 0.0% | −0.1 pts | −1,964 sh | −82% |
| Reduced | SOUTHERN CO (SO) | 0.1% | 0.1% | 0.0 pts | −14,955 sh | −55% |
| Reduced | EXXON MOBIL CORP (XOM) | 0.2% | 0.2% | 0.0 pts | −10,579 sh | −37% |
| Reduced | ORACLE CORP (ORCL) | 0.4% | 0.6% | +0.3 pts | −3,943 sh | −13% |
| Reduced | JBT MAREL CORPORATION (JBT) | 0.1% | 0.1% | 0.0 pts | −7,575 sh | −49% |
The 50 largest of 158 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- SOUTHSTATE BK CORP (SSB): 840441109 → 84472E102, 6,660 → 6,660 shares
Top 10 positions — 42.8% of the equity book
Changes in the top 10 this quarter: IVV entered · CB left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 5.4% | 6.3% | |
| 2 | ALPHABET INC (GOOG) | 4.4% | 5.3% | |
| 3 | JPMORGAN CHASE & CO. (JPM) | 5.5% | 5.3% | |
| 4 | MICROSOFT CORP (MSFT) | 5.7% | 5.2% | |
| 5 | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 4.7% | 4.3% | |
| 6 | HOME DEPOT INC (HD) | 4.1% | 4.1% | |
| 7 | WALMART INC (WMT) | 4.4% | 4.1% | |
| 8 | VISA INC (V) | 3.2% | 2.8% | |
| 9 | ISHARES TR (IVV) | 2.4% | 2.8% | Entered the top 10 |
| 10 | MCDONALDS CORP (MCD) | 2.9% | 2.7% | |
| — | CHUBB LIMITED (CB) | 2.6% | 2.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).