Summit Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
|
+$6.13M |
| 2 |
Vanguard FTSE Europe ETF
VGK
|
+$6.07M |
| 3 |
HFXE
IQ 50 Percent Hedged FTSE Europe ETF
HFXE
|
+$1.55M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$419K |
| 5 |
Schwab US Mid-Cap ETF
SCHM
|
+$389K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$406K |
| 2 |
JD.com
JD
|
+$232K |
| 3 |
Intel
INTC
|
+$227K |
| 4 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$209K |
| 5 |
Kraft Heinz
KHC
|
+$203K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 6.47% |
| 2 | Healthcare | 2.72% |
| 3 | Consumer Staples | 2.7% |
| 4 | Industrials | 2.54% |
| 5 | Energy | 2.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Ford
F
$56.4B
| $116K | 0.06% |
10,331
| – | – |
|
|
CNXR
102
DELISTED
Connecture, Inc.
CNXR
| $11K | 0.01% |
17,515
| – | – |
|
|
103
Intel
INTC
$504B
| – | – |
-6,281
| Closed | -$227K |
|
|
104
Kraft Heinz
KHC
$30.1B
| – | – |
-2,241
| Closed | -$203K |
|
105
Kinder Morgan
KMI
$72.9B
| – | – |
-9,328
| Closed | -$203K |
|
|
TGE
106
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| – | – |
-7,000
| Closed | -$201K |
|
Similar funds
Summit Asset Management's Q2 2017 Portfolio in Review
As of Q2 2017, Summit Asset Management held 106 positions worth $189M, up 9.2% from $173M the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Summit Asset Management deployed $12.7M of net new capital in Q2 2017, opening 4 new positions and adding to 30 existing holdings. Its largest new stake was IQ 50 Percent Hedged FTSE Europe ETF: 80,778 shares worth $1.55M.
By sector, the portfolio is most concentrated in Financials at 6.5% of assets, down from 6.9% a quarter earlier, followed by Healthcare and Consumer Staples.
On the sell side, the largest reduction was Schwab Short-Term US Treasury ETF, an estimated $406K trimmed.
- Summit Asset Management's largest Q2 2017 buy was IQ 50 Percent Hedged FTSE Europe ETF: 80,778 shares worth $1.55M.
- Summit Asset Management added most to Xtrackers MSCI Europe Hedged Equity ETF in Q2 2017, an estimated $6.13M increase.
- Summit Asset Management's biggest Q2 2017 reduction was Schwab Short-Term US Treasury ETF, cutting an estimated $406K.
- Summit Asset Management fully exited Intel in Q2 2017, selling an estimated $227K.
- Summit Asset Management's ten largest holdings make up 61% of its $189M portfolio in Q2 2017.
- Summit Asset Management opened 4 new positions and closed 4 in Q2 2017.
- Summit Asset Management's portfolio value rose 9.2% quarter-over-quarter to $189M.
Based on Summit Asset Management's 13F filing for Q2 2017, filed 7 Aug 2017.