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Asset Manager ← All Institutions

Summit Asset Management, LLC

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

Q4 2025 · Filed 2026-02-09
Market Value
$706M
+8.7%
Holdings
179
+1
New Purchases
10
Added To
66
Closed
9
Reduced
48
Top 10 Concentration
50.3%
Turnover
10.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AGG 4.05% 1.39% +2.66% $29M
IBDT 2.63% 0.04% +2.59% $19M
IBDU 2.55% 0.00% +2.55% $18M
TLH 2.32% 0.00% +2.32% $16M
VCIT 4.54% 2.59% +1.95% $32M
AKRE 0.08% 0.00% +0.08% $540K
GOOG 0.44% 0.37% +0.07% $3M
SEIX 0.14% 0.07% +0.07% $972K
VFLO 0.43% 0.37% +0.06% $3M
FINS 0.05% 0.00% +0.05% $343K
LLY 0.21% 0.16% +0.05% $1M
MGMT 0.05% 0.00% +0.05% $339K
TDVG 0.07% 0.04% +0.04% $525K
SHV 0.04% 0.00% +0.04% $259K
XLK 0.04% 0.00% +0.04% $259K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IBDQ 0.00% 2.60% -2.60% $0
IBDR 0.07% 2.67% -2.60% $500K
IEF 1.32% 3.00% -1.68% $9M
TOTL 0.62% 1.06% -0.43% $4M
AZO 0.98% 1.38% -0.41% $7M
SCHD 7.91% 8.31% -0.40% $56M
SCHG 6.46% 6.82% -0.36% $46M
SCHM 5.37% 5.65% -0.29% $38M
BRK-B 2.68% 2.93% -0.25% $19M
SCHF 5.42% 5.66% -0.24% $38M
MSFT 1.25% 1.47% -0.22% $9M
IJR 2.96% 3.18% -0.21% $21M
SCHY 2.55% 2.73% -0.18% $18M
FPI 0.00% 0.16% -0.16% $0
NVDA 1.58% 1.73% -0.15% $11M

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 48 $141M 20.0%
Large Cap 93 $440M 62.3%
Mid Cap 21 $98M 13.9%
Small Cap 12 $25M 3.5%
Micro Cap 5 $2M 0.3%

Portfolio Analytics

Avg Market Cap
$297.8B
Median Market Cap
$76.0B
Avg P/E
25.4
Median P/E
24.1
Avg Dividend Yield
0.02%
Avg Beta
0.86
# Stocks
100
# ETFs / Funds
79

Top Holdings (179 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SCHD 7.91% 2,036,541 $56M $27.43 $2M +57,502 +2.9%
2 SCHG 6.46% 1,399,024 $46M $32.62 $1M +9,699 +0.7%
3 MOAT 5.60% 382,063 $40M $103.56 $2M +4,749 +1.3%
4 SCHF 5.42% 1,591,970 $38M $24.04 $1M +11,645 +0.7%
5 SCHM 5.37% 1,260,594 $38M $30.07 $1M +20,765 +1.7%
6 SCHV 4.93% 1,175,473 $35M $29.61 $2M +63,102 +5.7%
7 VCIT 4.54% 382,757 $32M $83.75 $15M +182,666 +91.3%
8 AGG 4.05% 286,241 $29M $99.88 $20M +196,056 +217.4%
9 IVV 3.09% 31,884 $22M $684.94 $758K +387 +1.2%
10 IJR 2.96% 174,220 $21M $120.18 $299K +533 +0.3%
11 BRK-B 2.68% 37,602 $19M $502.65 -$122K -236 -0.6%
12 IHDG 2.64% 383,245 $19M $48.66 $1M +3,536 +0.9%
13 IBDT 2.63% 728,665 $19M $25.46 $18M +719,036 +7467.4%
14 IBDS 2.62% 762,818 $19M $24.28 $1M +47,064 +6.6%
15 SCHY 2.55% 603,929 $18M $29.82 $264K -31,203 -4.9%
16 IBDU 2.55% 768,679 $18M $23.41 +768,679 NEW
17 TLH 2.32% 161,453 $16M $101.67 +161,453 NEW
18 AAPL 1.64% 42,634 $12M $271.86 $390K -1,352 -3.1%
19 NVDA 1.58% 59,652 $11M $186.50 -$111K -568 -0.9%
20 IEF 1.32% 97,234 $9M $96.16 -$10M -104,983 -51.9%
21 MSFT 1.25% 18,256 $9M $483.62 -$729K -198 -1.1%
22 AMZN 1.20% 36,597 $8M $230.82 $478K +302 +0.8%
23 EFA 1.17% 86,179 $8M $96.03 $252K +243 +0.3%
24 AZO 0.98% 2,031 $7M $3,391.50 -$2M -60 -2.9%
25 DIA 0.86% 12,650 $6M $480.57 $160K -113 -0.9%
26 HEFA 0.80% 135,870 $6M $41.36 $238K
27 WMT 0.75% 47,660 $5M $111.41 $413K +141 +0.3%
28 IDXX 0.74% 7,706 $5M $676.53 $240K -79 -1.0%
29 IMCG 0.65% 57,796 $5M $79.84 -$248K -979 -1.7%
30 TOTL 0.62% 108,826 $4M $40.25 -$2M -60,204 -35.6%
31 BRK-A 0.53% 5 $4M $754,800.00 $3K
32 JPM 0.53% 11,607 $4M $322.21 $82K +12 +0.1%
33 RTX 0.50% 19,139 $4M $183.40 $262K -270 -1.4%
34 GOOG 0.44% 9,984 $3M $313.81 $719K +74 +0.8%
35 QQQ 0.43% 4,969 $3M $614.27 $97K +47 +0.9%
36 VFLO 0.43% 76,741 $3M $39.38 $648K +13,445 +21.2%
37 XOM 0.41% 24,268 $3M $120.34 $101K -741 -3.0%
38 JNJ 0.40% 13,807 $3M $206.96 $123K -942 -6.4%
39 TCHP 0.38% 54,524 $3M $49.86 $6K -969 -1.8%
40 PG 0.38% 18,730 $3M $143.31 -$349K -1,010 -5.1%
41 BAC 0.38% 48,673 $3M $55.00 $273K +2,075 +4.5%
42 HD 0.38% 7,778 $3M $344.10 -$482K -18 -0.2%
43 JCI 0.36% 21,042 $3M $119.75 $156K -458 -2.1%
44 EMR 0.34% 17,967 $2M $132.72 $30K +16 +0.1%
45 FDX 0.32% 7,867 $2M $288.88 $413K -19 -0.2%
46 ROK 0.32% 5,744 $2M $389.07 $157K -200 -3.4%
47 TJX 0.31% 14,399 $2M $153.61 $139K +56 +0.4%
48 VGK 0.30% 25,390 $2M $83.61 -$81K -2,228 -8.1%
49 USIG 0.27% 37,172 $2M $51.77 -$56K -747 -2.0%
50 DE 0.27% 4,103 $2M $465.57 $34K
51 HON 0.26% 9,576 $2M $195.09 -$156K -40 -0.4%
52 V 0.26% 5,281 $2M $350.69 $46K -9 -0.2%
53 OSEA 0.24% 56,397 $2M $30.25 $226K +6,343 +12.7%
54 IBM 0.22% 5,347 $2M $296.20 $75K
55 VTI 0.22% 4,681 $2M $335.26 $42K +27 +0.6%
56 UNP 0.21% 6,543 $2M $231.33 -$32K +2 +0.0%
57 LLY 0.21% 1,386 $1M $1,074.70 $434K +2 +0.1%
58 KO 0.21% 21,040 $1M $69.91 $71K -75 -0.4%
59 SPY 0.20% 2,022 $1M $681.89 -$10K -63 -3.0%
60 DBEU 0.19% 28,147 $1M $48.00 $18K -798 -2.8%
61 VOOG 0.19% 3,029 $1M $444.59 $28K
62 PGR 0.19% 5,853 $1M $227.72 -$113K
63 EXPD 0.17% 8,010 $1M $149.01 $212K
64 SCHW 0.17% 11,902 $1M $99.91 $43K -100 -0.8%
65 ABBV 0.16% 4,909 $1M $228.49 -$3K +51 +1.1%
66 NEE 0.16% 13,697 $1M $80.28 $66K +6 +0.0%
67 VOO 0.15% 1,722 $1M $627.09 $49K +39 +2.3%
68 SCHA 0.15% 37,715 $1M $28.48 -$44K -2,356 -5.9%
69 DFUS 0.15% 14,345 $1M $74.17 $25K
70 T 0.15% 42,781 $1M $24.84 -$230K -2,988 -6.5%
71 GOOGL 0.15% 3,322 $1M $313.01 $309K +316 +10.5%
72 TSCO 0.15% 20,500 $1M $50.01 -$141K
73 CNHI 0.14% 110,000 $1M $9.22 -$179K
74 PEP 0.14% 6,942 $996K $143.52 $1K -144 -2.0%
75 SEIX 0.14% 41,627 $972K $23.34 $518K +22,376 +116.2%
76 SCHX 0.14% 35,475 $955K $26.91 $20K
77 COST 0.13% 1,091 $941K $862.34 -$66K +3 +0.3%
78 VIOG 0.13% 7,546 $915K $121.29 -$4K
79 IVE 0.13% 4,291 $910K $212.07 -$4K -134 -3.0%
80 ILCG 0.12% 8,285 $862K $104.04 -$2K
81 GL 0.11% 5,669 $793K $139.86 -$22K -33 -0.6%
82 IMCB 0.11% 9,554 $790K $82.73 -$28K -301 -3.0%
83 XLG 0.11% 13,090 $776K $59.28 $23K
84 CVX 0.11% 4,963 $756K $152.41 $10K +159 +3.3%
85 MA 0.10% 1,276 $728K $570.88 -$4K -12 -0.9%
86 WFC 0.10% 7,755 $723K $93.20 $78K +60 +0.8%
87 TCAF 0.10% 18,694 $714K $38.22 $243K +6,187 +49.5%
88 ORLY 0.10% 7,440 $679K $91.21 -$124K
89 MRK 0.10% 6,441 $678K $105.26 $144K +73 +1.1%
90 MDY 0.09% 1,108 $668K $603.28 $8K
91 SCHB 0.09% 25,241 $662K $26.23 $13K +8 +0.0%
92 RY 0.09% 3,872 $660K $170.49 $90K
93 PNFP 0.09% 6,900 $658K $95.42 $11K
94 ORCL 0.09% 3,328 $649K $194.91 -$284K +10 +0.3%
95 MAA 0.09% 4,537 $630K $138.92 -$3K +4 +0.1%
96 FAST 0.09% 15,563 $625K $40.13 -$139K
97 SO 0.09% 7,076 $617K $87.20 -$47K +66 +0.9%
98 VXUS 0.08% 7,385 $557K $75.44 $15K
99 META 0.08% 840 $554K $660.09 $10K +99 +13.4%
100 GD 0.08% 1,606 $541K $336.66 -$7K

New Positions

SymbolValue% Port
IBDU $18M 2.55%
TLH $16M 2.32%
AKRE $540K 0.08%
FINS $343K 0.05%
MGMT $339K 0.05%
SHV $259K 0.04%
XLK $259K 0.04%
BXMT $235K 0.03%
SLV $233K 0.03%
LMT $220K 0.03%

Sold Out Positions

SymbolValue% Port
FPI —%
AMT —%
NREF —%
CACC —%
FLOT —%
GBTC —%
VBR —%
VFH —%
IBDQ —%
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