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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
+6.92%
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
$234M
AUM Growth
+$19.8M
(+9.2%)
Cap. Flow
+$5.15M
Cap. Flow
% of AUM
2.2%
Top 10 Holdings %
Top 10 Hldgs %
62.88%
Holding
129
New
14
Increased
41
Reduced
27
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Mortgage-Backed Securities ETF
VMBS
|
+$982K |
| 2 |
Schwab US Mid-Cap ETF
SCHM
|
+$861K |
| 3 |
Truist Financial
TFC
|
+$708K |
| 4 |
iShares Floating Rate Bond ETF
FLOT
|
+$629K |
| 5 |
Vanguard Total International Bond ETF
BNDX
|
+$420K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$692K |
| 2 |
Waste Management
WM
|
+$236K |
| 3 |
iShares MSCI EAFE Small-Cap ETF
SCZ
|
+$221K |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$209K |
| 5 |
CME Group
CME
|
+$208K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.4% |
| 2 | Consumer Discretionary | 3.09% |
| 3 | Technology | 3.02% |
| 4 | Healthcare | 2.98% |
| 5 | Consumer Staples | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
126
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| – | – |
-5,200
| Closed | -$209K |
|
|
127
Waste Management
WM
$95.9B
| – | – |
-2,052
| Closed | -$236K |
|
|
MMP
128
DELISTED
Magellan Midstream Partners, L.P.
MMP
| – | – |
-3,050
| Closed | -$202K |
|
|
STI
129
DELISTED
SunTrust Banks, Inc.
STI
| – | – |
-10,058
| Closed | -$692K |
|
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Summit Asset Management's Q4 2019 Portfolio in Review
As of Q4 2019, Summit Asset Management held 129 positions worth $234M, up 9.2% from $215M the previous quarter. Its ten largest holdings account for 63% of the portfolio.
Summit Asset Management's Q4 2019 filing shows 14 new, 41 increased, 27 reduced and 6 closed positions. Its largest new stake was Vanguard Mortgage-Backed Securities ETF: 18,470 shares worth $982K. The largest sale was SunTrust Banks, Inc., an estimated $692K.
By sector, the portfolio is most concentrated in Financials at 7.4% of assets, down from 7.4% a quarter earlier, followed by Consumer Discretionary and Technology.
- Summit Asset Management's largest Q4 2019 buy was Vanguard Mortgage-Backed Securities ETF: 18,470 shares worth $982K.
- Summit Asset Management added most to Schwab US Mid-Cap ETF in Q4 2019, an estimated $861K increase.
- Summit Asset Management's biggest Q4 2019 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $180K.
- Summit Asset Management fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $692K.
- Summit Asset Management's ten largest holdings make up 63% of its $234M portfolio in Q4 2019.
- Summit Asset Management opened 14 new positions and closed 6 in Q4 2019.
- Summit Asset Management's portfolio value rose 9.2% quarter-over-quarter to $234M.
Based on Summit Asset Management's 13F filing for Q4 2019, filed 7 Feb 2020.