Summit Asset Management, LLC
CIK 1509974 · View on SEC EDGAR ↗
- Portfolio value
- $780.4M
- Positions
- 183
- As of
- June 30, 2026
#2,885 of 9,443 by 13F value · top 30.6%
Portfolio value QoQ: +8.6% 13F does not disclose cash
- Top 10 holdings weight
- 51.88%
- Top 25 holdings weight
- 78.19%
- Positions above 1%
- 22
- Effective number of positions
- 28.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.1% Est. buys $16,336,299 · sells $8,266,075
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.9% still held
- New positions
- 17
- Increased
- 61
- Decreased
- 49
- Closed
- 6
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
4.7%
Retail
3.8%
Industrials
2.7%
Healthcare
1.6%
Financials
1.6%
Communication Services
0.7%
Energy
0.7%
Logistics & Transportation
0.5%
Financial Services
0.5%
Consumer products
0.4%
Consumer Staples
0.4%
Utilities
0.4%
Telecommunication
0.2%
Communications
0.1%
Real Estate
0.1%
Packaging
0.1%
Consumer Discretionary
0.1%
Materials
0.0%
Other/Unmapped
81.2%
Full portfolio 183 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SCHD | $65,578,239 | 8.40% | 2,068,062 | $2,365,054 | Up ×6 | ||
| SCHG | $48,448,380 | 6.21% | 1,431,690 | $6,385,407 | Down ×1 | ||
| SCHM | $46,422,029 | 5.95% | 1,259,073 | $7,139,652 | Down ×1 | ||
| SCHF | $44,514,626 | 5.70% | 1,607,026 | $4,446,940 | Down ×1 | ||
| SCHV | $42,636,949 | 5.46% | 1,224,848 | $5,047,024 | Down ×1 | ||
| MOAT | $40,672,746 | 5.21% | 391,235 | $3,251,048 | Up ×6 | ||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $34,456,908 | 4.42% | 416,901 | $1,928,941 | Up ×6 | ||
| AGG | $32,150,882 | 4.12% | 324,822 | $1,202,765 | Up ×6 | ||
| IJR | $26,086,623 | 3.34% | 175,893 | $4,125,534 | Down ×1 | ||
| IVV | $23,884,349 | 3.06% | 31,893 | $3,051,522 | |||
| IHDG | $20,121,005 | 2.58% | 384,135 | $1,585,720 | Down ×1 | ||
| IBDS | $19,079,358 | 2.44% | 787,752 | $362,329 | Up ×6 | ||
| SCHY | $19,040,562 | 2.44% | 600,081 | $-209,780 | Down ×1 | ||
| IBDT | $19,027,103 | 2.44% | 753,549 | $291,474 | Up ×3 | ||
| BRKB | $18,946,767 | 2.43% | 37,864 | $936,993 | Up ×1 | ||
| IBDU | $18,388,855 | 2.36% | 793,992 | $287,225 | Up ×2 | ||
| TLH | $17,805,000 | 2.28% | 177,429 | $308,627 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $12,740,394 | 1.63% | 44,030 | $1,625,586 | Up ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $11,890,658 | 1.52% | 59,427 | $1,416,820 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $10,063,430 | 1.29% | 42,223 | $1,370,240 | Up ×4 | ||
| EFA | $8,987,178 | 1.15% | 86,515 | $583,976 | |||
| IEF iShares 7-10 Year Treasury Bond ETF | $8,779,850 | 1.13% | 92,840 | $-257,095 | Down ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $7,537,403 | 0.97% | 20,206 | $34,902 | Down ×1 | ||
| AZO AutoZone, Inc. Common Stock | $6,538,893 | 0.84% | 2,046 | $-372,045 | |||
| HEFA | $6,375,700 | 0.82% | 135,870 | $601,904 | |||
| DIA | $6,340,770 | 0.81% | 12,138 | $657,429 | Down ×6 | ||
| IMCG | $5,529,965 | 0.71% | 56,256 | $1,010,379 | Down ×6 | ||
| WMT Walmart Inc. - Common Stock | $5,460,658 | 0.70% | 48,213 | $-577,395 | Down ×1 | ||
| VFLO VictoryShares Free Cash Flow ETF | $4,254,430 | 0.55% | 92,993 | $1,062,433 | Up ×6 | ||
| IDXX IDEXX Laboratories, Inc. - Common Stock | $4,056,747 | 0.52% | 7,706 | $-273,177 | |||
| JPM JP Morgan Chase & Co. Common Stock | $3,815,249 | 0.49% | 11,656 | $406,638 | Up ×1 | ||
| BRKA | $3,744,250 | 0.48% | 5 | $153,550 | |||
| RTX RTX Corporation Common Stock | $3,571,478 | 0.46% | 18,824 | $-108,282 | Down ×4 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $3,491,099 | 0.45% | 9,881 | $662,822 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $3,348,803 | 0.43% | 13,186 | $141,389 | Up ×1 | ||
| VEA | $3,324,098 | 0.43% | 46,654 | $352,644 | Up ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $3,312,835 | 0.42% | 24,231 | $-772,162 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $3,168,350 | 0.41% | 4,302 | $267,741 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $3,090,888 | 0.40% | 8,764 | $451,546 | Up ×2 | ||
| JCI Johnson Controls International plc Ordinary Share | $2,998,177 | 0.38% | 20,520 | $313,702 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $2,916,820 | 0.37% | 19,891 | $62,531 | Up ×2 | ||
| ROK Rockwell Automation, Inc. Common Stock | $2,855,126 | 0.37% | 5,767 | $793,719 | Up ×1 | ||
| BAC Bank of America Corporation Common Stock | $2,773,439 | 0.36% | 48,674 | $400,607 | Up ×1 | ||
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | $2,732,782 | 0.35% | 53,281 | $3,196 | |||
| TCHP | $2,713,976 | 0.35% | 54,182 | $306,210 | Down ×6 | ||
| DE Deere & Company Common Stock | $2,616,611 | 0.34% | 4,125 | $305,391 | Up ×1 | ||
| EMR Emerson Electric Company Common Stock | $2,557,707 | 0.33% | 17,867 | $207,174 | Down ×2 | ||
| FDX FedEx Corporation Common Stock | $2,478,420 | 0.32% | 7,915 | $-340,496 | Up ×2 | ||
| VTI | $2,304,610 | 0.30% | 6,228 | $533,127 | Up ×3 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $2,155,694 | 0.28% | 14,229 | $-100,228 | Up ×1 | ||
| VGK | $2,045,777 | 0.26% | 23,106 | $63,533 | Down ×6 | ||
| V Visa Inc. | $1,845,556 | 0.24% | 5,379 | $219,744 | |||
| UNP Union Pacific Corporation Common Stock | $1,754,812 | 0.22% | 6,452 | $200,565 | Up ×1 | ||
| VOOG | $1,747,909 | 0.22% | 21,156 | $310,394 | Up ×2 | ||
| OSEA | $1,738,612 | 0.22% | 56,929 | $84,785 | Down ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $1,729,322 | 0.22% | 21,279 | $133,426 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $1,660,047 | 0.21% | 1,384 | $387,060 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,583,529 | 0.20% | 4,431 | $309,577 | Up ×3 | ||
| IBM International Business Machines Corporation Common Stock | $1,510,901 | 0.19% | 5,373 | $214,876 | Up ×1 | ||
| DBEU | $1,413,021 | 0.18% | 26,188 | $92,368 | Down ×4 | ||
| SCHA | $1,314,482 | 0.17% | 36,382 | $234,422 | Down ×4 | ||
| PGR Progressive Corporation (The) Common Stock | $1,299,122 | 0.17% | 5,947 | $120,189 | |||
| SPY SPY | $1,268,762 | 0.16% | 1,699 | $-147,146 | Down ×1 | ||
| TOTL | $1,262,724 | 0.16% | 31,992 | $-388,097 | Down ×4 | ||
| EXPD Expeditors International of Washington, Inc. Common Stock | $1,259,183 | 0.16% | 7,726 | $152,588 | |||
| ABBV AbbVie Inc. Common Stock | $1,253,909 | 0.16% | 4,983 | $186,059 | Up ×6 | ||
| VIOG | $1,217,541 | 0.16% | 7,936 | $229,826 | |||
| VOO | $1,216,743 | 0.16% | 1,772 | $187,759 | Up ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $1,215,464 | 0.16% | 13,848 | $-57,208 | Up ×4 | ||
| DFUS | $1,153,469 | 0.15% | 14,077 | $155,269 | |||
| COST Costco Wholesale Corporation - Common Stock | $1,113,209 | 0.14% | 1,190 | $-72,543 | |||
| SCHW Charles Schwab Corporation (The) Common Stock | $1,097,552 | 0.14% | 11,895 | $-20,340 | |||
| Unknown issuer (CUSIP: 438516205) | $1,094,423 | 0.14% | 4,888 | Up ×1 | |||
| Unknown issuer (CUSIP: 43849R105) | $1,080,639 | 0.14% | 4,888 | Up ×1 | |||
| SCHX | $1,044,029 | 0.13% | 35,475 | $134,450 | |||
| GL Globe Life Inc. Common Stock | $1,011,070 | 0.13% | 5,659 | $221,806 | Down ×1 | ||
| PEP PepsiCo, Inc. - Common Stock | $955,816 | 0.12% | 7,059 | $-140,398 | |||
| IVE | $952,971 | 0.12% | 4,197 | $51,783 | Down ×3 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $938,721 | 0.12% | 7,305 | $163,933 | Up ×1 | ||
| IMCB | $922,534 | 0.12% | 9,554 | $125,444 | |||
| ILCG | $918,022 | 0.12% | 7,845 | $126,970 | Down ×1 | ||
| VTEB | $910,845 | 0.12% | 18,008 | ||||
| CVX Chevron Corporation Common Stock | $899,194 | 0.12% | 5,425 | $-201,165 | Up ×3 | ||
| T AT&T Inc. | $897,896 | 0.12% | 43,377 | $-342,314 | Up ×1 | ||
| XLK XLK | $853,997 | 0.11% | 4,482 | $229,367 | Down ×1 | ||
| TCAF | $816,739 | 0.10% | 19,872 | $131,703 | Up ×4 | ||
| XLG | $801,501 | 0.10% | 13,090 | $87,441 | |||
| SEIX | $801,431 | 0.10% | 34,649 | $-117,042 | Down ×2 | ||
| RY Royal Bank Of Canada Common Stock | $801,388 | 0.10% | 3,872 | $174,976 | |||
| MDY | $779,301 | 0.10% | 1,108 | $95,931 | |||
| FAST Fastenal Company - Common Stock | $739,614 | 0.09% | 15,399 | $25,100 | |||
| CSCO Cisco Systems, Inc. - Common Stock | $703,176 | 0.09% | 5,987 | $238,683 | |||
| PNFP Pinnacle Financial Partners, Inc. - Common Stock | $696,236 | 0.09% | 6,902 | $101,778 | Up ×1 | ||
| SO Southern Company (The) Common Stock | $679,527 | 0.09% | 7,100 | $-19,301 | Down ×1 | ||
| SCHB | $665,315 | 0.09% | 22,974 | $63,829 | Down ×2 | ||
| MA Mastercard Incorporated Common Stock | $655,354 | 0.08% | 1,276 | $17,788 | |||
| TSCO Tractor Supply Company - Common Stock | $648,005 | 0.08% | 20,500 | $-280,645 | |||
| ORLY O'Reilly Automotive, Inc. - Common Stock | $645,183 | 0.08% | 7,006 | $-1,541 | |||
| WFC Wells Fargo & Company Common Stock | $644,509 | 0.08% | 7,799 | $31,910 | Up ×1 | ||
| VXUS Vanguard Total International Stock ETF | $631,344 | 0.08% | 7,385 | $61,887 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SCHD | $65,578,239 | 8.40% | up ×6 |
| MOAT | $40,672,746 | 5.21% | up ×6 |
| VCIT | $34,456,908 | 4.42% | up ×6 |
| AGG | $32,150,882 | 4.12% | up ×6 |
| IBDS | $19,079,358 | 2.44% | up ×6 |
| IBDT | $19,027,103 | 2.44% | up ×3 |
| AMZN | $10,063,430 | 1.29% | up ×4 |
| VFLO | $4,254,430 | 0.55% | up ×6 |
| VTI | $2,304,610 | 0.30% | up ×3 |
| GOOGL | $1,583,529 | 0.20% | up ×3 |
| ABBV | $1,253,909 | 0.16% | up ×6 |
| NEE | $1,215,464 | 0.16% | up ×4 |
| CVX | $899,194 | 0.12% | up ×3 |
| TCAF | $816,739 | 0.10% | up ×4 |
| DFUV | $502,575 | 0.06% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 438516205) | $1,094,423 | 4,888 | 0.14% |
| Unknown issuer (CUSIP: 43849R105) | $1,080,639 | 4,888 | 0.14% |
| VTEB | $910,845 | 18,008 | 0.12% |
| Unknown issuer (CUSIP: 314352105) | $596,148 | 3,948 | 0.08% |
| INTC | $481,877 | 3,451 | 0.06% |
| GPIX | $364,039 | 6,551 | 0.05% |
| MU | $340,787 | 295 | 0.04% |
| NUE | $255,717 | 1,148 | 0.03% |
| IWM | $230,205 | 766 | 0.03% |
| VYMI | $222,718 | 2,268 | 0.03% |
| D | $217,777 | 3,189 | 0.03% |
| AMAT | $216,249 | 299 | 0.03% |
| GLW | $215,248 | 843 | 0.03% |
| IVW | $205,882 | 1,497 | 0.03% |
| IJJ | $202,686 | 1,372 | 0.03% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IBDQ | Dec. 31, 2025 | 671,458 | $16,914,030 | No longer tracked |
| HON | June 30, 2026 | 9,576 | $2,164,463 | 0.8% |
| FPI | Dec. 31, 2025 | 97,465 | $1,060,419 | 2.8% |
| NREF | Dec. 31, 2025 | 40,083 | $568,377 | 22.2% |
| CRM | March 31, 2026 | 1,211 | $320,806 | 8.1% |
| FLOT | Dec. 31, 2025 | 6,275 | $320,558 | No longer tracked |
| IVW | March 31, 2026 | 2,552 | $314,560 | No longer tracked |
| CNH | June 30, 2026 | 25,000 | $275,000 | -8.9% |
| ET | March 31, 2025 | 13,645 | $267,306 | 15.3% |
| VFH | Dec. 31, 2025 | 2,024 | $265,584 | No longer tracked |
| SHV | March 31, 2026 | 2,355 | $259,403 | |
| SCHO | Sept. 30, 2025 | 10,632 | $259,217 | No longer tracked |
| VBR | Dec. 31, 2025 | 1,239 | $258,592 | No longer tracked |
| VCSH | June 30, 2026 | 3,196 | $253,347 | |
| VTEB | Sept. 30, 2025 | 5,155 | $252,750 | No longer tracked |
| CME | June 30, 2026 | 855 | $252,524 | 22.2% |
| PSA | Sept. 30, 2025 | 860 | $252,341 | 13.7% |
| OBDC | March 31, 2026 | 20,000 | $248,600 | 4.0% |
| SLV | June 30, 2026 | 3,613 | $246,190 | No longer tracked |
| GBTC | Dec. 31, 2025 | 2,665 | $239,237 | No longer tracked |
| CVS | June 30, 2025 | 3,525 | $238,819 | 38.6% |
| CACC | Dec. 31, 2025 | 484 | $225,994 | 31.1% |
| KMX | Sept. 30, 2025 | 3,285 | $220,785 | 31.5% |
| ETN | Sept. 30, 2025 | 617 | $220,263 | 11.8% |
| DIS | March 31, 2026 | 1,926 | $219,102 | 10.4% |
| CI | Sept. 30, 2025 | 657 | $217,191 | -1.9% |
| DIS | March 31, 2025 | 1,905 | $212,157 | 7.8% |
| D | Sept. 30, 2025 | 3,739 | $211,328 | 12.7% |
| AXON | Sept. 30, 2025 | 252 | $208,641 | -11.9% |
| WCN | Sept. 30, 2025 | 1,108 | $206,886 | -4.1% |
| AB | June 30, 2026 | 5,510 | $206,294 | 3.2% |
| AMT | Dec. 31, 2025 | 1,072 | $206,167 | -0.5% |
| BLK | March 31, 2026 | 190 | $203,365 | 21.4% |
| GBTC | March 31, 2025 | 2,725 | $201,705 | No longer tracked |
| DVY | June 30, 2025 | 1,500 | $201,435 | |
| ICLN | June 30, 2025 | 10,658 | $121,714 |