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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
+5.2%
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
$363M
AUM Growth
+$17.8M
(+5.1%)
Cap. Flow
+$2.87M
Cap. Flow
% of AUM
0.79%
Top 10 Holdings %
Top 10 Hldgs %
55.34%
Holding
154
New
3
Increased
45
Reduced
44
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck Morningstar Wide Moat ETF
MOAT
|
+$1.26M |
| 2 |
Schwab International Dividend Equity ETF
SCHY
|
+$1.18M |
| 3 |
IBDP
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
|
+$503K |
| 4 |
IBDQ
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
|
+$502K |
| 5 |
IBDO
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
|
+$486K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Europe ETF
VGK
|
+$744K |
| 2 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$549K |
| 3 |
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
|
+$456K |
| 4 |
Wabtec
WAB
|
+$232K |
| 5 |
Cigna
CI
|
+$230K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 6.26% |
| 2 | Technology | 4.3% |
| 3 | Consumer Discretionary | 3.2% |
| 4 | Healthcare | 3.12% |
| 5 | Consumer Staples | 2.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CNH
151
CNH Industrial
CNH
$14.2B
| $160K | 0.04% |
+10,500
| New | +$170K |
|
152
Stereotaxis
STXS
$128M
| $33.8K | 0.01% |
16,560
| – | – |
|
|
153
Cigna
CI
$79.6B
| – | – |
-694
| Closed | -$230K |
|
|
154
Wabtec
WAB
$51.7B
| – | – |
-2,326
| Closed | -$232K |
|
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Summit Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Summit Asset Management held 154 positions worth $363M, up 5.1% from $346M the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 3.2%. Summit Asset Management opened 3 new positions and exited 2, leaving the 154-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 6.3% of assets, down from 6.6% a quarter earlier, followed by Technology and Consumer Discretionary.
- Summit Asset Management's largest Q1 2023 buy was Qualcomm: 1,797 shares worth $229K.
- Summit Asset Management added most to VanEck Morningstar Wide Moat ETF in Q1 2023, an estimated $1.26M increase.
- Summit Asset Management's biggest Q1 2023 reduction was Vanguard FTSE Europe ETF, cutting an estimated $744K.
- Summit Asset Management fully exited Wabtec in Q1 2023, selling an estimated $232K.
- Summit Asset Management's ten largest holdings make up 55% of its $363M portfolio in Q1 2023.
- Summit Asset Management opened 3 new positions and closed 2 in Q1 2023.
- Summit Asset Management's portfolio value rose 5.1% quarter-over-quarter to $363M.
Based on Summit Asset Management's 13F filing for Q1 2023, filed 12 May 2023.