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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
Cap. Flow
-$52.2M
Cap. Flow %
-14.18%
Top 10 Hldgs %
55.43%
Holding
156
New
3
Increased
51
Reduced
33
Closed
6

Top Buys

Rank Stock Value
1
AZO icon
AutoZone
AZO
+$627K
2
MOAT icon
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
SCHD icon
Schwab US Dividend Equity ETF
SCHD
+$379K

Top Sells

Rank Stock Value
1
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$53.9M
2
PGR icon
Progressive
PGR
+$1.3M
3
TJX icon
TJX Companies
TJX
+$688K
4
MRNA icon
Moderna
MRNA
+$252K
5
EXPD icon
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
ADP icon
126
Automatic Data Processing
ADP
$106B
$274K 0.07%
1,137
– –
IMCV icon
127
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.16B
$271K 0.07%
4,476
– –
WEC icon
128
WEC Energy
WEC
$37.7B
$269K 0.07%
3,335
– –
VTEB icon
129
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.3B
$267K 0.07%
5,555
– –
VO icon
130
Vanguard Mid-Cap ETF
VO
$107B
$266K 0.07%
5,108
-100
-2% -$5.48K
MDY icon
131
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.8B
$264K 0.07%
578
– –
EPD icon
132
Enterprise Products Partners
EPD
$84.6B
$263K 0.07%
9,618
– –
TFC icon
133
Truist Financial
TFC
$64.6B
$261K 0.07%
9,122
+20
+0.2% +$615
XLF icon
134
State Street Financial Select Sector SPDR ETF
XLF
$57.1B
$255K 0.07%
7,673
– –
DUK icon
135
Duke Energy
DUK
$103B
$246K 0.07%
2,787
– –
VBR icon
136
Vanguard Small-Cap Value ETF
VBR
$37.5B
$239K 0.07%
1,500
– –
NKE icon
137
Nike
NKE
$63.4B
$238K 0.06%
2,494
– –
KMX icon
138
CarMax
KMX
$8.21B
$232K 0.06%
3,285
– –
EMQQ icon
139
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$267M
$231K 0.06%
7,867
– –
TXN icon
140
Texas Instruments
TXN
$255B
$231K 0.06%
1,450
+160
+12% +$27.3K
JPST icon
141
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
$225K 0.06%
4,480
– –
CACC icon
142
Credit Acceptance
CACC
$5.8B
$223K 0.06%
484
– –
PSX icon
143
Phillips 66
PSX
$83.3B
$214K 0.06%
+1,779
New +$200K
META icon
144
Meta Platforms (Facebook)
META
$1.49T
$213K 0.06%
+711
New +$214K
UNH icon
145
UnitedHealth
UNH
$383B
$211K 0.06%
418
– –
VIG icon
146
Vanguard Dividend Appreciation ETF
VIG
$113B
$210K 0.06%
1,354
– –
ROBO icon
147
ROBO Global Robotics & Automation Index ETF
ROBO
$1.89B
$209K 0.06%
4,144
-51
-1% -$2.8K
WM icon
148
Waste Management
WM
$97.4B
$205K 0.06%
1,342
– –
FHN icon
149
First Horizon
FHN
$12.2B
$126K 0.03%
11,443
-483
-4% -$5.98K
STXS icon
150
Stereotaxis
STXS
$126M
$26.2K 0.01%
16,560
– –
3 4 5
6
7

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FA
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TFA
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NI
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WLIM
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CFO
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AIM
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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.