Latest Summit Asset Management, LLC Stock Portfolio
$466Million
Equity Portfolio Value
Last Reported on: 06 May, 2024
About Summit Asset Management, LLC and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Summit Asset Management, LLC reported an equity portfolio of $466.1 Millions as of 31 Mar, 2024.
The top stock holdings of Summit Asset Management, LLC are FNDA, FNDA, FNDA. The fund has invested 10.1% of it's portfolio in SCHWAB STRATEGIC TR and 6.5% of portfolio in SCHWAB STRATEGIC TR.
The fund managers got completely rid off SPDR SER TR (BIL), ADOBE INC (ADBE) and J P MORGAN EXCHANGE TRADED F (BBAX) stocks. They significantly reduced their stock positions in DISNEY WALT CO (DIS), VANGUARD INDEX FDS (VOO) and VERIZON COMMUNICATIONS INC (VZ). Summit Asset Management, LLC opened new stock positions in PACER FDS TR (AFTY), HARBOR ETF TRUST (HAPY) and THE CIGNA GROUP (CI). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (AGG), WALMART INC (WMT) and DEERE & CO (DE).
The top stock holdings of Summit Asset Management, LLC are FNDA, FNDA, FNDA. The fund has invested 10.1% of it's portfolio in SCHWAB STRATEGIC TR and 6.5% of portfolio in SCHWAB STRATEGIC TR.
The fund managers got completely rid off SPDR SER TR (BIL), ADOBE INC (ADBE) and J P MORGAN EXCHANGE TRADED F (BBAX) stocks. They significantly reduced their stock positions in DISNEY WALT CO (DIS), VANGUARD INDEX FDS (VOO) and VERIZON COMMUNICATIONS INC (VZ). Summit Asset Management, LLC opened new stock positions in PACER FDS TR (AFTY), HARBOR ETF TRUST (HAPY) and THE CIGNA GROUP (CI). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (AGG), WALMART INC (WMT) and DEERE & CO (DE).
New Buys
| Ticker | $ Bought |
|---|---|
| PACER FDS TR | 649,379 |
| HARBOR ETF TRUST | 265,126 |
| THE CIGNA GROUP | 238,616 |
| SALESFORCE INC | 219,560 |
| AMERICAN CENTY ETF TR | 211,405 |
| VANGUARD WORLD FD | 205,209 |
| ENBRIDGE INC | 200,003 |
| ISHARES TR | 145,742 |
New stocks bought by Summit Asset Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| ISHARES TR | 400 |
| ISHARES TR | 224 |
| WALMART INC | 198 |
| DEERE & CO | 55.83 |
| CNH INDL N V | 20.69 |
| STEREOTAXIS INC | 20.65 |
| HONEYWELL INTL INC | 20.00 |
| ROCKWELL AUTOMATION INC | 17.21 |
Additions to existing portfolio by Summit Asset Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| DISNEY WALT CO | -51.95 |
| VANGUARD INDEX FDS | -21.53 |
| VERIZON COMMUNICATIONS INC | -17.91 |
| SCHWAB STRATEGIC TR | -15.81 |
| VANGUARD BD INDEX FDS | -14.64 |
| DBX ETF TR | -14.36 |
| ALPHABET INC | -13.86 |
| VANGUARD INTL EQUITY INDEX F | -12.24 |
Summit Asset Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| BANCORP INC DEL | -202,440 |
| J P MORGAN EXCHANGE TRADED F | -225,030 |
| SPDR SER TR | -340,293 |
| ADOBE INC | -231,481 |
Summit Asset Management, LLC got rid off the above stocks
Current Stock Holdings of Summit Asset Management, LLC
Last Reported on: 06 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAPL | APPLE INC | 1.60 | 43,439 | 7,448,980 | ADDED | 1.46 | |
| AAXJ | ISHARES TR | 0.92 | 60,960 | 4,308,650 | REDUCED | -0.22 | |
| AAXJ | ISHARES TR | 0.15 | 9,855 | 717,740 | UNCHANGED | 0.00 | |
| AAXJ | ISHARES TR | 0.08 | 5,090 | 391,217 | UNCHANGED | 0.00 | |
| AAXJ | ISHARES TR | 0.07 | 4,476 | 324,734 | UNCHANGED | 0.00 | |
| AAXJ | ISHARES TR | 0.05 | 2,180 | 234,568 | UNCHANGED | 0.00 | |
| AAXJ | ISHARES TR | 0.03 | 10,425 | 145,742 | NEW | ||
| ABBV | ABBVIE INC | 0.19 | 4,909 | 893,840 | ADDED | 0.04 | |
| ABT | ABBOTT LABS | 0.10 | 3,919 | 445,467 | UNCHANGED | 0.00 | |
| ACSG | DBX ETF TR | 0.35 | 39,339 | 1,614,870 | REDUCED | -14.36 | |
| ACWF | ISHARES TR | 3.12 | 581,404 | 14,564,200 | ADDED | 3.23 | |
| ACWF | ISHARES TR | 3.12 | 586,460 | 14,550,100 | ADDED | 3.28 | |
| ACWF | ISHARES TR | 0.14 | 19,236 | 670,952 | UNCHANGED | 0.00 | |
| ADBE | ADOBE INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ADP | AUTOMATIC DATA PROCESSING IN | 0.06 | 1,137 | 283,954 | UNCHANGED | 0.00 | |
| AEMB | AMERICAN CENTY ETF TR | 0.04 | 3,210 | 211,405 | NEW | ||
| AFK | VANECK ETF TRUST | 6.05 | 313,605 | 28,193,100 | ADDED | 9.95 | |
| AFTY | PACER FDS TR | 0.14 | 11,175 | 649,379 | NEW | ||
| AGG | ISHARES TR | 3.68 | 155,397 | 17,174,500 | ADDED | 4.58 | |
| AGG | ISHARES TR | 3.10 | 152,605 | 14,445,600 | ADDED | 11.14 | |
| AGG | ISHARES TR | 1.81 | 16,022 | 8,423,250 | ADDED | 224 | |
| AGG | ISHARES TR | 0.38 | 18,261 | 1,788,480 | ADDED | 9.91 | |
| AGG | ISHARES TR | 0.24 | 13,812 | 1,103,030 | UNCHANGED | 0.00 | |
| AGG | ISHARES TR | 0.20 | 5,042 | 941,896 | REDUCED | -0.59 | |
| AGG | ISHARES TR | 0.15 | 9,085 | 685,736 | UNCHANGED | 0.00 | |
| AGG | ISHARES TR | 0.14 | 11,080 | 672,999 | ADDED | 400 | |
| AGG | ISHARES TR | 0.10 | 5,342 | 451,078 | UNCHANGED | 0.00 | |
| AGG | ISHARES TR | 0.07 | 1,200 | 345,636 | UNCHANGED | 0.00 | |
| AGT | ISHARES TR | 3.09 | 603,385 | 14,390,700 | ADDED | 4.55 | |
| AMPS | ISHARES TR | 0.07 | 6,164 | 314,734 | UNCHANGED | 0.00 | |
| AMT | AMERICAN TOWER CORP NEW | 0.04 | 1,038 | 205,098 | UNCHANGED | 0.00 | |
| AMZN | AMAZON COM INC | 0.70 | 18,117 | 3,267,940 | ADDED | 1.03 | |
| AXP | AMERICAN EXPRESS CO | 0.06 | 1,315 | 299,412 | UNCHANGED | 0.00 | |
| AZO | AUTOZONE INC | 1.73 | 2,564 | 8,080,830 | REDUCED | -2.1 | |
| BAC | BANK AMERICA CORP | 0.17 | 21,033 | 797,569 | ADDED | 8.52 | |
| BBAX | J P MORGAN EXCHANGE TRADED F | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| BIL | SPDR SER TR | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| BITQ | EXCHANGE TRADED CONCEPTS TRU | 0.05 | 4,123 | 241,773 | REDUCED | -0.51 | |
| BITQ | EXCHANGE TRADED CONCEPTS TRU | 0.05 | 7,207 | 225,651 | UNCHANGED | 0.00 | |
| BKNG | BOOKING HOLDINGS INC | 0.04 | 58.00 | 210,417 | UNCHANGED | 0.00 | |
| BLHY | VIRTUS ETF TR II | 0.09 | 17,117 | 410,123 | REDUCED | -0.39 | |
| BMY | BRISTOL-MYERS SQUIBB CO | 0.09 | 7,943 | 430,749 | REDUCED | -6.53 | |
| BOND | PIMCO ETF TR | 0.12 | 5,813 | 584,439 | UNCHANGED | 0.00 | |
| CACC | CREDIT ACCEP CORP MICH | 0.06 | 484 | 266,950 | UNCHANGED | 0.00 | |
| CCK | CROWN HLDGS INC | 0.08 | 4,494 | 356,194 | UNCHANGED | 0.00 | |
| CI | THE CIGNA GROUP | 0.05 | 657 | 238,616 | NEW | ||
| CNHI | CNH INDL N V | 0.10 | 35,000 | 453,600 | ADDED | 20.69 | |
| COP | CONOCOPHILLIPS | 0.05 | 1,861 | 236,902 | ADDED | 0.05 | |
| COST | COSTCO WHSL CORP NEW | 0.20 | 1,291 | 945,545 | ADDED | 0.08 | |
| CP | CANADIAN PACIFIC KANSAS CITY | 0.11 | 5,906 | 520,732 | UNCHANGED | 0.00 | |
| CRM | SALESFORCE INC | 0.05 | 729 | 219,560 | NEW | ||
| CSCO | CISCO SYS INC | 0.06 | 6,040 | 301,432 | REDUCED | -0.49 | |
| CSD | INVESCO EXCHANGE TRADED FD T | 0.12 | 13,315 | 560,961 | UNCHANGED | 0.00 | |
| CSX | CSX CORP | 0.05 | 6,297 | 233,425 | ADDED | 0.17 | |
| CVS | CVS HEALTH CORP | 0.09 | 5,100 | 406,776 | REDUCED | -1.92 | |
| CVX | CHEVRON CORP NEW | 0.14 | 4,041 | 637,481 | ADDED | 1.94 | |
| D | DOMINION ENERGY INC | 0.05 | 4,926 | 242,310 | UNCHANGED | 0.00 | |
| DE | DEERE & CO | 0.14 | 1,605 | 659,238 | ADDED | 55.83 | |
| DFAC | DIMENSIONAL ETF TRUST | 0.17 | 14,345 | 817,378 | UNCHANGED | 0.00 | |
| DFAC | DIMENSIONAL ETF TRUST | 0.08 | 8,807 | 360,223 | ADDED | 0.35 | |
| DFAC | DIMENSIONAL ETF TRUST | 0.07 | 5,217 | 325,228 | UNCHANGED | 0.00 | |
| DHR | DANAHER CORPORATION | 0.06 | 1,142 | 285,180 | REDUCED | -0.61 | |
| DIA | SPDR DOW JONES INDL AVERAGE | 1.18 | 13,766 | 5,475,560 | REDUCED | -10.97 | |
| DIS | DISNEY WALT CO | 0.07 | 2,700 | 330,328 | REDUCED | -51.95 | |
| DMXF | ISHARES TR | 0.05 | 9,878 | 236,479 | ADDED | 16.24 | |
| DUK | DUKE ENERGY CORP NEW | 0.06 | 3,119 | 301,638 | UNCHANGED | 0.00 | |
| EMR | EMERSON ELEC CO | 0.20 | 8,126 | 921,651 | ADDED | 11.68 | |
| ENB | ENBRIDGE INC | 0.04 | 5,528 | 200,003 | NEW | ||
| EPD | ENTERPRISE PRODS PARTNERS L | 0.08 | 12,347 | 360,285 | REDUCED | -0.82 | |
| EXPD | EXPEDITORS INTL WASH INC | 0.21 | 8,010 | 973,776 | UNCHANGED | 0.00 | |
| FAST | FASTENAL CO | 0.14 | 8,688 | 670,192 | UNCHANGED | 0.00 | |
| FDX | FEDEX CORP | 0.51 | 8,188 | 2,372,460 | ADDED | 0.01 | |
| FHN | FIRST HORIZON CORPORATION | 0.04 | 13,434 | 206,886 | ADDED | 10.65 | |
| FNDA | SCHWAB STRATEGIC TR | 10.06 | 581,645 | 46,898,000 | ADDED | 3.05 | |
| FNDA | SCHWAB STRATEGIC TR | 6.46 | 369,826 | 30,114,900 | ADDED | 4.3 | |
| FNDA | SCHWAB STRATEGIC TR | 6.45 | 324,220 | 30,061,700 | ADDED | 1.15 | |
| FNDA | SCHWAB STRATEGIC TR | 6.13 | 732,122 | 28,567,400 | ADDED | 8.84 | |
| FNDA | SCHWAB STRATEGIC TR | 4.26 | 261,242 | 19,849,200 | ADDED | 3.38 | |
| FNDA | SCHWAB STRATEGIC TR | 4.12 | 791,765 | 19,208,200 | ADDED | 6.66 | |
| FNDA | SCHWAB STRATEGIC TR | 0.25 | 23,307 | 1,147,650 | REDUCED | -15.81 | |
| FNDA | SCHWAB STRATEGIC TR | 0.16 | 12,225 | 758,684 | UNCHANGED | 0.00 | |
| FNDA | SCHWAB STRATEGIC TR | 0.10 | 7,576 | 462,486 | ADDED | 2.45 | |
| FNDA | SCHWAB STRATEGIC TR | 0.09 | 8,994 | 433,601 | REDUCED | -6.69 | |
| GAL | SSGA ACTIVE ETF TR | 0.46 | 54,024 | 2,163,660 | ADDED | 7.41 | |
| GD | GENERAL DYNAMICS CORP | 0.09 | 1,543 | 435,882 | REDUCED | -0.26 | |
| GL | GLOBE LIFE INC | 0.16 | 6,266 | 729,123 | ADDED | 0.03 | |
| GOOG | ALPHABET INC | 0.28 | 8,648 | 1,316,740 | REDUCED | -0.4 | |
| GOOG | ALPHABET INC | 0.08 | 2,392 | 361,025 | REDUCED | -13.86 | |
| HAPY | HARBOR ETF TRUST | 0.06 | 9,695 | 265,126 | NEW | ||
| HD | HOME DEPOT INC | 0.31 | 3,731 | 1,431,210 | ADDED | 5.69 | |
| HON | HONEYWELL INTL INC | 0.14 | 3,210 | 658,853 | ADDED | 20.00 | |
| IBM | INTERNATIONAL BUSINESS MACHS | 0.25 | 6,019 | 1,149,360 | UNCHANGED | 0.00 | |
| IDXX | IDEXX LABS INC | 0.91 | 7,835 | 4,230,350 | UNCHANGED | 0.00 | |
| IVOG | VANGUARD ADMIRAL FDS INC | 0.20 | 3,029 | 922,967 | UNCHANGED | 0.00 | |
| IVOG | VANGUARD ADMIRAL FDS INC | 0.18 | 7,546 | 848,397 | UNCHANGED | 0.00 | |
| JAMF | WISDOMTREE TR | 3.98 | 404,388 | 18,577,600 | ADDED | 5.15 | |
| JCI | JOHNSON CTLS INTL PLC | 0.16 | 11,500 | 751,180 | ADDED | 14.48 | |
| JNJ | JOHNSON & JOHNSON | 0.50 | 14,582 | 2,306,760 | ADDED | 0.1 | |
| JPM | JPMORGAN CHASE & CO | 0.26 | 6,008 | 1,203,400 | REDUCED | -0.05 | |
| KMX | CARMAX INC | 0.06 | 3,285 | 286,156 | UNCHANGED | 0.00 | |
| KO | COCA COLA CO | 0.29 | 22,281 | 1,363,180 | REDUCED | -0.19 | |
| LLY | ELI LILLY & CO | 0.22 | 1,328 | 1,033,130 | REDUCED | -2.14 | |
| MA | MASTERCARD INCORPORATED | 0.11 | 1,065 | 512,872 | UNCHANGED | 0.00 | |
| MAA | MID-AMER APT CMNTYS INC | 0.21 | 7,373 | 970,119 | ADDED | 0.07 | |
| MCD | MCDONALDS CORP | 0.09 | 1,461 | 411,896 | ADDED | 0.07 | |
| MDLZ | MONDELEZ INTL INC | 0.08 | 5,049 | 353,430 | UNCHANGED | 0.00 | |
| MDY | SPDR S&P MIDCAP 400 ETF TR | 0.07 | 578 | 321,599 | UNCHANGED | 0.00 | |
| META | META PLATFORMS INC | 0.07 | 719 | 349,132 | ADDED | 1.41 | |
| MMM | 3M CO | 0.06 | 2,831 | 300,284 | REDUCED | -6.44 | |
| MRK | MERCK & CO INC | 0.16 | 5,511 | 727,176 | UNCHANGED | 0.00 | |
| MSFT | MICROSOFT CORP | 1.38 | 15,245 | 6,413,870 | REDUCED | -1.77 | |
| NEE | NEXTERA ENERGY INC | 0.19 | 13,939 | 890,834 | ADDED | 3.77 | |
| NKE | NIKE INC | 0.05 | 2,494 | 234,386 | UNCHANGED | 0.00 | |
| NVDA | NVIDIA CORPORATION | 1.09 | 5,638 | 5,094,670 | REDUCED | -0.09 | |
| ORCL | ORACLE CORP | 0.09 | 3,204 | 402,454 | UNCHANGED | 0.00 | |
| ORLY | OREILLY AUTOMOTIVE INC | 0.12 | 496 | 559,924 | UNCHANGED | 0.00 | |
| PEP | PEPSICO INC | 0.27 | 7,135 | 1,248,720 | ADDED | 2.00 | |
| PFE | PFIZER INC | 0.13 | 21,939 | 608,795 | REDUCED | -0.11 | |
| PG | PROCTER AND GAMBLE CO | 0.79 | 22,781 | 3,696,230 | REDUCED | -0.65 | |
| PGR | PROGRESSIVE CORP | 0.26 | 5,895 | 1,219,200 | UNCHANGED | 0.00 | |
| PNFP | PINNACLE FINL PARTNERS INC | 0.16 | 8,819 | 757,357 | UNCHANGED | 0.00 | |
| PSA | PUBLIC STORAGE | 0.11 | 1,720 | 498,903 | UNCHANGED | 0.00 | |
| PSX | PHILLIPS 66 | 0.07 | 1,871 | 305,672 | ADDED | 5.11 | |
| QQQ | INVESCO QQQ TR | 0.36 | 3,795 | 1,685,110 | REDUCED | -1.27 | |
| ROK | ROCKWELL AUTOMATION INC | 0.10 | 1,594 | 464,380 | ADDED | 17.21 | |
| RTX | RTX CORPORATION | 0.13 | 6,288 | 613,269 | ADDED | 3.29 | |
| RY | ROYAL BK CDA | 0.08 | 3,845 | 387,884 | UNCHANGED | 0.00 | |
| SCHW | SCHWAB CHARLES CORP | 0.21 | 13,264 | 959,518 | UNCHANGED | 0.00 | |
| SO | SOUTHERN CO | 0.09 | 5,686 | 407,878 | ADDED | 0.32 | |
| SPY | SPDR S&P 500 ETF TR | 0.39 | 3,439 | 1,798,730 | REDUCED | -2.52 | |
| STXS | STEREOTAXIS INC | 0.01 | 18,700 | 48,807 | ADDED | 20.65 | |
| T | AT&T INC | 0.16 | 43,182 | 759,996 | REDUCED | -7.07 | |
| TAGG | T ROWE PRICE ETF INC | 0.48 | 62,712 | 2,213,730 | REDUCED | -2.88 | |
| TBBK | BANCORP INC DEL | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TFC | TRUIST FINL CORP | 0.08 | 9,160 | 357,042 | ADDED | 0.2 | |
| TJX | TJX COS INC NEW | 0.31 | 14,292 | 1,449,500 | UNCHANGED | 0.00 | |
| TSCO | TRACTOR SUPPLY CO | 0.23 | 4,090 | 1,070,440 | UNCHANGED | 0.00 | |
| TXN | TEXAS INSTRS INC | 0.05 | 1,450 | 252,605 | UNCHANGED | 0.00 | |
| UNH | UNITEDHEALTH GROUP INC | 0.04 | 418 | 206,785 | UNCHANGED | 0.00 | |
| UNP | UNION PAC CORP | 0.41 | 7,690 | 1,891,260 | UNCHANGED | 0.00 | |
| UPS | UNITED PARCEL SERVICE INC | 0.12 | 3,727 | 553,944 | ADDED | 4.93 | |
| V | VISA INC | 0.34 | 5,615 | 1,566,990 | UNCHANGED | 0.00 | |
| VAW | VANGUARD WORLD FD | 0.08 | 1,302 | 352,202 | ADDED | 0.15 | |
| VAW | VANGUARD WORLD FD | 0.04 | 2,004 | 205,209 | NEW | ||
| VEU | VANGUARD INTL EQUITY INDEX F | 0.74 | 50,928 | 3,429,470 | REDUCED | -12.24 | |
| VIG | VANGUARD SPECIALIZED FUNDS | 0.07 | 1,689 | 308,428 | ADDED | 11.19 | |
| VOO | VANGUARD INDEX FDS | 0.26 | 4,654 | 1,209,580 | UNCHANGED | 0.00 | |
| VOO | VANGUARD INDEX FDS | 0.15 | 1,453 | 698,457 | ADDED | 2.83 | |
| VOO | VANGUARD INDEX FDS | 0.09 | 2,568 | 418,224 | UNCHANGED | 0.00 | |
| VOO | VANGUARD INDEX FDS | 0.06 | 1,500 | 287,820 | UNCHANGED | 0.00 | |
| VOO | VANGUARD INDEX FDS | 0.05 | 1,002 | 250,360 | REDUCED | -21.53 | |
| VTEB | VANGUARD MUN BD FDS | 0.06 | 5,555 | 281,083 | UNCHANGED | 0.00 | |
| VUSB | VANGUARD BD INDEX FDS | 0.14 | 12,830 | 635,727 | REDUCED | -14.64 | |
| VXUS | VANGUARD STAR FDS | 0.11 | 8,801 | 530,686 | UNCHANGED | 0.00 | |
| VZ | VERIZON COMMUNICATIONS INC | 0.12 | 13,522 | 567,394 | REDUCED | -17.91 | |
| WEC | WEC ENERGY GROUP INC | 0.06 | 3,335 | 273,870 | UNCHANGED | 0.00 | |
| WFC | WELLS FARGO CO NEW | 0.09 | 6,800 | 394,128 | UNCHANGED | 0.00 | |
| WM | WASTE MGMT INC DEL | 0.06 | 1,342 | 286,100 | UNCHANGED | 0.00 | |
| WMT | WALMART INC | 0.67 | 51,579 | 3,103,480 | ADDED | 198 | |
| XOM | EXXON MOBIL CORP | 0.61 | 24,539 | 2,852,360 | ADDED | 0.03 | |
| BERKSHIRE HATHAWAY INC DEL | 3.19 | 35,397 | 14,885,100 | REDUCED | -0.43 | ||
| BERKSHIRE HATHAWAY INC DEL | 0.82 | 600 | 3,806,640 | UNCHANGED | 0.00 |