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Institutional Investment Manager
Smith Salley Wealth Management
Smith Salley Wealth Management (CIK: 0001482012) incorporated in North Carolina, located at 324 West Wendover Avenue, Suite 301, Greensboro, NC. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 155 holdings with a total value of $450,986,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 NORFOLK SOUTHERN CORP 35,906 3,485,000 0.77%
52 COGNIZANT TECHNOLOGY SOLUTIO 72,139 3,441,000 0.76%
53 MAGNA INTL INC 78,889 3,388,000 0.75%
54 EMERSON ELEC CO 61,759 3,366,000 0.75%
55 GAMESTOP CORP NEW 118,330 3,264,000 0.72%
56 BRISTOL MYERS SQUIBB CO 60,071 3,239,000 0.72%
57 GLAXOSMITHKLINE PLC 72,654 3,134,000 0.69%
58 CHEVRON CORP NEW 30,348 3,123,000 0.69%
59 AMAZON COM INC 3,722 3,116,000 0.69%
60 MDU RES GROUP INC 114,204 2,905,000 0.64%
61 VODAFONE GROUP PLC NEW 98,589 2,874,000 0.64%
62 FORD MTR CO DEL 232,866 2,810,000 0.62%
63 COCA COLA CO 64,999 2,750,000 0.61%
64 Carolina Bank Holdings Inc 136,724 2,666,000 0.59%
65 DUKE ENERGY CORP NEW 32,524 2,604,000 0.58%
66 INTEL CORP 68,594 2,589,000 0.57%
67 NOVARTIS A G 31,935 2,521,000 0.56%
68 TANGER FACTORY OUTLET CTRS I 61,173 2,383,000 0.53%
69 SOUTHERN CO 44,102 2,262,000 0.50%
70 VANGUARD WORLD FD 18,646 2,244,000 0.50%
71 GILEAD SCIENCES INC 26,874 2,126,000 0.47%
72 CULLEN FROST BANKERS INC 29,043 2,089,000 0.46%
73 CELGENE CORP 19,887 2,079,000 0.46%
74 UNILEVER PLC 43,389 2,057,000 0.46%
75 KIMBERLY CLARK CORP 15,502 1,956,000 0.43%
76 WEYERHAEUSER CO 59,080 1,887,000 0.42%
77 CONOCOPHILLIPS 43,180 1,877,000 0.42%
78 ANALOG DEVICES INC 27,606 1,780,000 0.39%
79 BB&T CORP 47,028 1,774,000 0.39%
80 SELECT SECTOR SPDR TR 24,444 1,763,000 0.39%
81 NATIONAL GRID PLC 24,621 1,751,000 0.39%
82 COLGATE PALMOLIVE CO 23,541 1,745,000 0.39%
83 WALGREENS BOOTS ALLIANCE INC 19,290 1,556,000 0.35%
84 SELECT SECTOR SPDR TR 68,914 1,330,000 0.29%
85 COSTCO WHSL CORP NEW 8,449 1,289,000 0.29%
86 SELECT SECTOR SPDR TR 21,601 1,261,000 0.28%
87 VANGUARD WORLD FD 11,932 1,166,000 0.26%
88 SELECT SECTOR SPDR TR 14,452 1,157,000 0.26%
89 ISHARES TR 10,142 1,144,000 0.25%
90 BLACKROCK INC 3,113 1,128,000 0.25%
91 LOWES COS INC 14,838 1,071,000 0.24%
92 SELECT SECTOR SPDR TR 19,670 1,047,000 0.23%
93 ISHARES TR 7,841 966,000 0.21%
94 BORGWARNER INC 24,534 864,000 0.19%
95 AMERICAN EXPRESS CO 13,355 855,000 0.19%
96 ISHARES RUSSELL 3000 ETF 6,622 849,000 0.19%
97 ROYAL DUTCH SHELL PLC 16,664 834,000 0.18%
98 INTERNATIONAL BUSINESS MACHS 4,685 744,000 0.16%
99 PHILIP MORRIS INTL INC 7,381 718,000 0.16%
100 PULTE GROUP INC 35,000 701,000 0.16%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-16-012212, filed 2016.11.14).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.