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SAM
Summit Asset Management Portfolio holdings
AUM
$719M
1-Year Est. Return
13.76%
This Fund
S&P 500
This Quarter
Est. Return
-3.06%
1 Year Est. Return
+13.76%
3 Year Est. Return
+43.33%
5 Year Est. Return
+50.4%
10 Year Est. Return
+171.54%
AUM
$368M
AUM Growth
-$11.2M
(-2.9%)
Cap. Flow
-$52.2M
Cap. Flow
% of AUM
-14.18%
Top 10 Holdings %
Top 10 Hldgs %
55.43%
Holding
156
New
3
Increased
51
Reduced
33
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$627K |
| 2 |
VanEck Morningstar Wide Moat ETF
MOAT
|
+$473K |
| 3 |
IBDQ
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
|
+$462K |
| 4 |
IBDP
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
|
+$404K |
| 5 |
Schwab US Dividend Equity ETF
SCHD
|
+$379K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$53.9M |
| 2 |
Progressive
PGR
|
+$1.3M |
| 3 |
TJX Companies
TJX
|
+$688K |
| 4 |
Moderna
MRNA
|
+$252K |
| 5 |
Expeditors International
EXPD
|
+$232K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 6.2% |
| 2 | Technology | 4.51% |
| 3 | Consumer Discretionary | 3.25% |
| 4 | Healthcare | 2.74% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
IBM
IBM
$204B
| $844K | 0.23% |
6,019
-75
| -1% | -$10.7K |
|
52
Tractor Supply
TSCO
$16.7B
| $830K | 0.23% |
20,450
| – | – |
|
|
53
Progressive
PGR
$125B
| $821K | 0.22% |
5,895
-9,880
| -63% | -$1.3M |
|
54
iShares S&P 500 Value ETF
IVE
$49.1B
| $794K | 0.22% |
5,162
-52
| -1% | -$8.4K |
|
55
NextEra Energy
NEE
$185B
| $769K | 0.21% |
13,426
+605
| +5% | +$41.9K |
|
56
Eli Lilly
LLY
$1.07T
| $751K | 0.2% |
1,399
-20
| -1% | -$10.3K |
|
57
Vanguard S&P 500 Growth ETF
VOOG
$25.3B
| $748K | 0.2% |
18,174
| – | – |
|
58
Pfizer
PFE
$141B
| $735K | 0.2% |
22,148
+151
| +0.7% | +$5.34K |
|
|
SCHW
59
Charles Schwab
SCHW
$181B
| $728K | 0.2% |
13,264
| – | – |
|
60
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.05B
| $712K | 0.19% |
7,546
| – | – |
|
61
AT&T
T
$167B
| $685K | 0.19% |
45,593
+1,064
| +2% | +$15.6K |
|
62
Globe Life
GL
$13.5B
| $681K | 0.18% |
6,262
+3
| +0% | +$335 |
|
63
Chevron
CVX
$378B
| $670K | 0.18% |
3,973
| – | – |
|
|
DFUS
64
Dimensional US Equity ETF
DFUS
$20.6B
| $668K | 0.18% |
14,345
| – | – |
|
65
Costco
COST
$422B
| $660K | 0.18% |
1,168
| – | – |
|
66
AbbVie
ABBV
$454B
| $653K | 0.18% |
4,379
+1
| +0% | +$147 |
|
67
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.43B
| $632K | 0.17% |
27,095
+4,515
| +20% | +$106K |
|
68
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $632K | 0.17% |
26,378
-2,080
| -7% | -$49.9K |
|
69
Schwab US Large- Cap ETF
SCHX
$71.1B
| $619K | 0.17% |
36,675
-1,545
| -4% | -$27.1K |
|
70
Merck
MRK
$323B
| $608K | 0.17% |
5,904
+230
| +4% | +$24.8K |
|
71
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $607K | 0.16% |
6,063
| – | – |
|
72
Emerson Electric
EMR
$83.6B
| $606K | 0.16% |
6,276
+460
| +8% | +$43.8K |
|
73
Pinnacle Financial Partners Inc
PNFP
$15.6B
| $593K | 0.16% |
8,848
+429
| +5% | +$28.9K |
|
74
iShares Morningstar Mid-Cap ETF
IMCB
$1.66B
| $589K | 0.16% |
9,855
| – | – |
|
75
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.51B
| $579K | 0.16% |
19,236
+1,470
| +8% | +$44.5K |
|
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TFA
WRPWM
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WLIM
CFO
Summit Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Summit Asset Management held 156 positions worth $368M, down 2.9% from $379M the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Summit Asset Management withdrew a net $52.2M in Q3 2023, closing 6 positions and reducing 33 holdings. Its most notable exit was Moderna, an estimated $252K position sold in full.
By sector, the portfolio is most concentrated in Financials at 6.2% of assets, down from 6.4% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Summit Asset Management opened a new position in Deere & Co worth $313K.
- Summit Asset Management's largest Q3 2023 buy was Deere & Co: 830 shares worth $313K.
- Summit Asset Management added most to AutoZone in Q3 2023, an estimated $627K increase.
- Summit Asset Management's biggest Q3 2023 reduction was Berkshire Hathaway Class A, cutting an estimated $53.9M.
- Summit Asset Management fully exited Moderna in Q3 2023, selling an estimated $252K.
- Summit Asset Management's ten largest holdings make up 55% of its $368M portfolio in Q3 2023.
- Summit Asset Management opened 3 new positions and closed 6 in Q3 2023.
- Summit Asset Management's portfolio value fell 2.9% quarter-over-quarter to $368M.
Based on Summit Asset Management's 13F filing for Q3 2023, filed 6 Nov 2023.