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SAM

Summit Asset Management Portfolio holdings

AUM $780M
1-Year Est. Return 16.8%
This Fund
S&P 500
This Quarter Est. Return
+4.67%
1 Year Est. Return
+16.8%
3 Year Est. Return
+48.85%
5 Year Est. Return
+53.1%
10 Year Est. Return
+188.64%
AUM
$379M
AUM Growth
+$16.1M
Cap. Flow
+$718K
Cap. Flow %
0.19%
Top 10 Hldgs %
55.25%
Holding
156
New
4
Increased
34
Reduced
52
Closed
3

Top Buys

Rank Stock Value
1
VOO icon
Vanguard S&P 500 ETF
VOO
+$1.05M
2
SCHD icon
Schwab US Dividend Equity ETF
SCHD
+$500K
3
SCHY icon
Schwab International Dividend Equity ETF
SCHY
+$481K
4
IEF icon
iShares 7-10 Year Treasury Bond ETF
IEF
+$393K
5
IBDP
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
+$305K

Top Sells

Rank Stock Value
1
SCHG icon
Schwab US Large-Cap Growth ETF
SCHG
+$345K
2
SCHB icon
Schwab US Broad Market ETF
SCHB
+$299K
3
NVDA icon
NVIDIA
NVDA
+$286K
4
JD icon
JD.com
JD
+$243K
5
TOTL icon
State Street DoubleLine Total Return Tactical ETF
TOTL
+$227K

Sector Composition

Rank Sector Weight
1 Miscellaneous 74.65%
2 Financials 6.37%
3 Technology 4.79%
4 Consumer Discretionary 3.22%
5 Healthcare 2.94%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CNH
151
CNH Industrial
CNH
$23.2B
$151K 0.04%
10,500
– –
FHN icon
152
First Horizon
FHN
$11.8B
$134K 0.04%
11,926
+310
+3% +$4.15K
STXS icon
153
Stereotaxis
STXS
$139M
$25.3K 0.01%
16,560
– –
JD icon
154
JD.com
JD
$38.2B
– –
-5,539
Closed -$243K
WBA
155
DELISTED
Walgreens Boots Alliance
WBA
– –
-5,920
Closed -$205K
MMP
156
DELISTED
Magellan Midstream Partners, L.P.
MMP
– –
-4,030
Closed -$219K
3 4 5 6
7

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PCM
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AC
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HI
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ABWM
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LTI
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WC
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Summit Asset Management's Q2 2023 Portfolio in Review

As of Q2 2023, Summit Asset Management held 156 positions worth $379M, up 4.4% from $363M the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Trading was light in Q2 2023: portfolio turnover was 4.5%. Summit Asset Management opened 4 new positions and exited 3, leaving the 156-position portfolio largely intact.

By sector, the portfolio is most concentrated in Miscellaneous at 75% of assets, down from 75% a quarter earlier, followed by Financials and Technology.

  • Summit Asset Management's largest Q2 2023 buy was Vanguard S&P 500 ETF: 2,713 shares worth $1.1M.
  • Summit Asset Management added most to Schwab US Dividend Equity ETF in Q2 2023, an estimated $500K increase.
  • Summit Asset Management's biggest Q2 2023 reduction was Schwab US Large-Cap Growth ETF, cutting an estimated $345K.
  • Summit Asset Management fully exited JD.com in Q2 2023, selling an estimated $243K.
  • Summit Asset Management's ten largest holdings make up 55% of its $379M portfolio in Q2 2023.
  • Summit Asset Management opened 4 new positions and closed 3 in Q2 2023.
  • Summit Asset Management's portfolio value rose 4.4% quarter-over-quarter to $379M.

Based on Summit Asset Management's 13F filing for Q2 2023, filed 7 Aug 2023.