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Asset Manager ← All Institutions

Summit Asset Management, LLC

5100 WHEELIS DRIVE, SUITE 107, MEMPHIS, TN 38117 • 901-729-8100

Q2 2025 · Filed 2025-08-07
Market Value
$613M
+6.2%
Holdings
173
+5
New Purchases
8
Added To
75
Closed
3
Reduced
46
Top 10 Concentration
49.2%
Turnover
6.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SCHG 6.55% 5.94% +0.60% $40M
NVDA 1.55% 1.11% +0.44% $10M
MSFT 1.52% 1.16% +0.36% $9M
SCHF 5.66% 5.30% +0.36% $35M
IVV 3.13% 2.93% +0.21% $19M
FPI 0.18% 0.00% +0.18% $1M
IDXX 0.68% 0.57% +0.11% $4M
VFLO 0.31% 0.21% +0.10% $2M
JPM 0.55% 0.44% +0.10% $3M
AMZN 1.29% 1.19% +0.10% $8M
NREF 0.09% 0.00% +0.09% $553K
JCI 0.36% 0.27% +0.08% $2M
ROK 0.31% 0.23% +0.08% $2M
EMR 0.37% 0.30% +0.07% $2M
EFA 1.24% 1.17% +0.07% $8M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SCHD 8.53% 9.49% -0.97% $52M
BRK-B 3.05% 3.49% -0.44% $19M
AAPL 1.50% 1.72% -0.22% $9M
AZO 1.27% 1.46% -0.20% $8M
IBDQ 2.72% 2.86% -0.14% $17M
IBDR 2.72% 2.85% -0.13% $17M
VCIT 2.60% 2.72% -0.12% $16M
IEF 2.99% 3.11% -0.12% $18M
XOM 0.44% 0.55% -0.11% $3M
IBDS 2.71% 2.82% -0.10% $17M
PG 0.47% 0.57% -0.10% $3M
BRK-A 0.59% 0.69% -0.10% $4M
JNJ 0.36% 0.45% -0.09% $2M
TOTL 1.11% 1.18% -0.07% $7M
MAA 0.13% 0.19% -0.07% $776K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 82.7%
Technology 4.5%
Industrials 3.4%
Consumer Cyclical 3.3%
Consumer Defensive 1.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 47 $128M 20.9%
Large Cap 93 $367M 59.9%
Mid Cap 18 $91M 14.9%
Small Cap 11 $25M 4.1%
Micro Cap 4 $1M 0.2%

Portfolio Analytics

Avg Market Cap
$305.9B
Median Market Cap
$75.7B
Avg P/E
27.0
Median P/E
24.3
Avg Dividend Yield
0.02%
Avg Beta
0.86
# Stocks
101
# ETFs / Funds
72

Top Holdings (173 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SCHD 8.53% 1,973,901 $52M $26.50 -$3M +13,565 +0.7%
2 SCHG 6.55% 1,374,580 $40M $29.21 $6M +4,653 +0.3%
3 MOAT 5.73% 375,034 $35M $93.79 $2M +2,040 +0.6%
4 SCHM 5.69% 1,244,807 $35M $28.05 $2M +2,619 +0.2%
5 SCHF 5.66% 1,572,175 $35M $22.10 $4M +24,340 +1.6%
6 SCHV 4.82% 1,067,441 $30M $27.67 $2M +21,050 +2.0%
7 IVV 3.13% 30,953 $19M $620.90 $2M +880 +2.9%
8 IJR 3.09% 173,199 $19M $109.29 $905K +841 +0.5%
9 BRK-B 3.05% 38,449 $19M $485.77 -$1M +650 +1.7%
10 IEF 2.99% 191,791 $18M $95.77 $407K +3,467 +1.8%
11 SCHY 2.95% 660,984 $18M $27.35 $1M +3,218 +0.5%
12 IHDG 2.80% 381,721 $17M $45.05 $713K +1,909 +0.5%
13 IBDR 2.72% 688,575 $17M $24.25 $250K +9,196 +1.4%
14 IBDQ 2.72% 662,035 $17M $25.18 $186K +6,621 +1.0%
15 IBDS 2.71% 685,568 $17M $24.27 $378K +13,074 +1.9%
16 VCIT 2.60% 192,260 $16M $82.92 $233K +117 +0.1%
17 NVDA 1.55% 60,342 $10M $157.99 $3M +1,193 +2.0%
18 MSFT 1.52% 18,778 $9M $497.41 $3M +934 +5.2%
19 AAPL 1.50% 44,844 $9M $205.17 -$749K +52 +0.1%
20 AGG 1.41% 87,231 $9M $99.20 $133K +1,100 +1.3%
21 AMZN 1.29% 35,945 $8M $219.39 $1M -102 -0.3%
22 AZO 1.27% 2,091 $8M $3,712.23 -$691K -126 -5.7%
23 EFA 1.24% 85,224 $8M $89.39 $870K +2,656 +3.2%
24 TOTL 1.11% 169,644 $7M $40.11 -$4K +669 +0.4%
25 DIA 0.93% 12,968 $6M $440.65 $216K -127 -1.0%
26 HEFA 0.84% 135,870 $5M $37.96 $205K -604 -0.4%
27 WMT 0.77% 48,489 $5M $97.78 $444K -458 -0.9%
28 IMCG 0.77% 58,989 $5M $80.23 $499K -276 -0.5%
29 IDXX 0.68% 7,785 $4M $536.34 $906K
30 BRK-A 0.59% 5 $4M $728,800.00 -$348K
31 JPM 0.55% 11,595 $3M $289.91 $796K +1,137 +10.9%
32 PG 0.47% 18,157 $3M $159.32 -$396K -1,141 -5.9%
33 RTX 0.46% 19,479 $3M $146.02 $471K +1,563 +8.7%
34 HD 0.46% 7,711 $3M $366.64 $314K +853 +12.4%
35 XOM 0.44% 25,132 $3M $107.80 -$466K -1,568 -5.9%
36 TCHP 0.41% 56,047 $3M $45.35 $327K -2,100 -3.6%
37 EMR 0.37% 17,151 $2M $133.33 $560K +1,400 +8.9%
38 BAC 0.36% 46,597 $2M $47.32 $503K +5,811 +14.2%
39 JCI 0.36% 20,800 $2M $105.62 $611K +1,000 +5.0%
40 JNJ 0.36% 14,375 $2M $152.75 -$388K -1,207 -7.8%
41 VGK 0.36% 28,263 $2M $77.50 $125K -1,150 -3.9%
42 QQQ 0.34% 3,751 $2M $551.59 $300K -22 -0.6%
43 HON 0.33% 8,716 $2M $232.88 $245K +286 +3.4%
44 USIG 0.32% 37,919 $2M $51.44 $14K
45 SPY 0.32% 3,145 $2M $617.77 $145K -69 -2.1%
46 DE 0.32% 3,803 $2M $508.49 $385K +503 +15.2%
47 VFLO 0.31% 53,810 $2M $35.35 $716K +19,200 +55.5%
48 V 0.31% 5,290 $2M $355.05 -$89K -324 -5.8%
49 ROK 0.31% 5,644 $2M $332.17 $571K +600 +11.9%
50 FDX 0.29% 7,854 $2M $227.32 -$131K -7 -0.1%
51 TJX 0.29% 14,343 $2M $123.49 -$52K -625 -4.2%
52 GOOG 0.29% 9,910 $2M $177.39 $414K +1,310 +15.2%
53 IBM 0.26% 5,347 $2M $294.77 $247K
54 PGR 0.26% 5,895 $2M $266.86 -$95K
55 UNP 0.25% 6,735 $2M $230.07 -$207K -701 -9.4%
56 KO 0.24% 21,103 $1M $70.75 -$87K -963 -4.4%
57 VTI 0.23% 4,654 $1M $303.93 $135K
58 DBEU 0.22% 30,052 $1M $44.08 -$2K
59 T 0.22% 45,758 $1M $28.94 $56K +903 +2.0%
60 OSEA 0.21% 44,125 $1M $29.27 $141K +775 +1.8%
61 CNHI 0.21% 98,000 $1M $12.96 $165K +8,000 +8.9%
62 COST 0.20% 1,247 $1M $990.17 $57K +2 +0.2%
63 VOOG 0.20% 3,029 $1M $396.54 $188K
64 FPI 0.18% 97,465 $1M $11.51 +97,465 NEW
65 SCHW 0.18% 12,002 $1M $91.24 $109K -600 -4.8%
66 LLY 0.18% 1,394 $1M $779.53 -$76K -14 -1.0%
67 TSCO 0.18% 20,500 $1M $52.77 -$45K +50 +0.2%
68 SCHA 0.17% 40,119 $1M $25.30 $91K +681 +1.7%
69 DFUS 0.16% 14,345 $961K $67.02 $94K
70 VOO 0.16% 1,683 $956K $568.03 $91K
71 PEP 0.16% 7,201 $951K $132.04 -$162K -218 -2.9%
72 EXPD 0.15% 8,010 $915K $114.25 -$48K
73 NEE 0.15% 13,000 $902K $69.42 -$87K -961 -6.9%
74 ABBV 0.15% 4,857 $902K $185.62 -$110K +29 +0.6%
75 SCHX 0.14% 35,475 $867K $24.44 $84K
76 IVE 0.14% 4,425 $865K $195.42 $11K -53 -1.2%
77 VIOG 0.14% 7,546 $863K $114.43 $57K
78 ILCG 0.13% 8,285 $803K $96.90 $67K -800 -8.8%
79 IMCB 0.13% 9,855 $785K $79.66 $55K
80 MAA 0.13% 5,243 $776K $148.00 -$346K -1,450 -21.7%
81 PNFP 0.12% 6,900 $762K $110.41 $30K
82 GL 0.12% 6,014 $747K $124.29 -$44K +3 +0.1%
83 ORCL 0.12% 3,409 $745K $218.62 $275K +43 +1.3%
84 MA 0.12% 1,288 $724K $561.94 $30K +23 +1.8%
85 CVX 0.11% 4,804 $688K $143.20 -$66K +300 +6.7%
86 XLG 0.11% 13,090 $682K $52.10 $78K -25 -0.2%
87 IJH 0.11% 10,964 $680K $62.02 $37K -52 -0.5%
88 ORLY 0.11% 7,440 $671K $90.13 -$40K +6,944 +1400.0%
89 FAST 0.11% 15,376 $646K $42.00 -$28K +6,688 +77.0%
90 SO 0.10% 6,995 $642K $91.83 $114K +1,249 +21.7%
91 VZ 0.10% 14,686 $635K $43.27 -$14K +378 +2.6%
92 META 0.10% 852 $629K $738.12 $165K +48 +6.0%
93 MDY 0.10% 1,108 $628K $566.48 $229K +360 +48.1%
94 WFC 0.10% 7,695 $617K $80.12 $103K +545 +7.6%
95 SCHB 0.10% 24,625 $587K $23.83 $71K +667 +2.8%
96 PFE 0.10% 24,115 $585K $24.24 -$5K +848 +3.6%
97 NREF 0.09% 40,083 $553K $13.79 +40,083 NEW
98 GOOGL 0.09% 3,006 $530K $176.24 $113K +314 +11.7%
99 ABT 0.09% 3,894 $530K $136.02 $10K -25 -0.6%
100 IVW 0.08% 4,646 $512K $110.10 $76K -51 -1.1%

New Positions

SymbolValue% Port
FPI $1M 0.18%
NREF $553K 0.09%
DIS $237K 0.04%
GE $234K 0.04%
GBTC $231K 0.04%
TDVG $222K 0.04%
ETN $220K 0.04%
AXON $209K 0.03%

Sold Out Positions

SymbolValue% Port
CVS —%
DVY —%
ICLN —%
View SEC EDGAR Filings for Summit Asset Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms