Summit Asset Management Portfolio holdings
Top Buys
| 1 |
Schwab US Aggregate Bond ETF
SCHZ
|
+$4.31M |
| 2 |
Schwab US Mid-Cap ETF
SCHM
|
+$2.74M |
| 3 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$1.64M |
| 4 |
SCHV
Schwab US Large-Cap Value ETF
SCHV
|
+$484K |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$480K |
Top Sells
Sector Composition
| 1 | Financials | 7.26% |
| 2 | Energy | 3.1% |
| 3 | Consumer Staples | 3.04% |
| 4 | Healthcare | 2.93% |
| 5 | Industrials | 2.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Kraft Heinz
KHC
$31.1B
| – | – |
-2,273
| Closed | -$203K |
|
102
Kinder Morgan
KMI
$72.4B
| – | – |
-9,653
| Closed | -$223K |
|
103
Invesco QQQ Trust
QQQ
$473B
| – | – |
-1,828
| Closed | -$217K |
|
104
iShares MSCI EAFE Small-Cap ETF
SCZ
$14B
| – | – |
-3,870
| Closed | -$203K |
|
105
Vanguard Total World Stock ETF
VT
$77.2B
| – | – |
-4,170
| Closed | -$254K |
|
|
BSJG
106
DELISTED
Guggenheim BulletShares 2016 High Yield Corporate Bond ETF
BSJG
| – | – |
-214,305
| Closed | -$5.53M |
|
Similar funds
Summit Asset Management's Q4 2016 Portfolio in Review
As of Q4 2016, Summit Asset Management held 106 positions worth $160M, down 1.7% from $163M the previous quarter. Its ten largest holdings account for 63% of the portfolio.
Summit Asset Management withdrew a net $6.55M in Q4 2016, closing 7 positions and reducing 32 holdings. Its most notable exit was Guggenheim BulletShares 2016 High Yield Corporate Bond ETF, an estimated $5.53M position sold in full.
By sector, the portfolio is most concentrated in Financials at 7.3% of assets, up from 6.1% a quarter earlier, followed by Energy and Consumer Staples.
Against the trend, Summit Asset Management opened a new position in Vanguard Total International Stock ETF worth $479K.
- Summit Asset Management's largest Q4 2016 buy was Vanguard Total International Stock ETF: 10,442 shares worth $479K.
- Summit Asset Management added most to Schwab US Aggregate Bond ETF in Q4 2016, an estimated $4.31M increase.
- Summit Asset Management's biggest Q4 2016 reduction was Guggenheim BulletShares 2017 High Yield Corporate Bond ETF, cutting an estimated $4.59M.
- Summit Asset Management fully exited Guggenheim BulletShares 2016 High Yield Corporate Bond ETF in Q4 2016, selling an estimated $5.53M.
- Summit Asset Management's ten largest holdings make up 63% of its $160M portfolio in Q4 2016.
- Summit Asset Management opened 9 new positions and closed 7 in Q4 2016.
- Summit Asset Management's portfolio value fell 1.7% quarter-over-quarter to $160M.
Based on Summit Asset Management's 13F filing for Q4 2016, filed 6 Feb 2017.