SF
Summit Financial, LLC — 13F Portfolio Changes & Top Buys (Q2 2026)
Summit Financial, LLCCIK: 0001765536
Diversified strategyMomentum follower
Total reported value
$9.1B
Reporting period: 2026-06-30 · Number of holdings: 1580
Summit Financial, LLC disclosed 1580 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $9.1B and a quarterly turnover rate of 26.0%.
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Personality snowflake
- Concentration
- 4.2
- Portfolio Stability
- 26.02
- Momentum
- 100
- Sector conviction
- 57.66
- Diversification
- 100
- Sizing Uniformity
- 60.53
Summit Financial, LLC's disclosed holdings carry a Herfindahl concentration index of 0.010 — mathematically equivalent to about 95 equally-sized positions, well below its 1580 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 3.95), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 31% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd ICSH
+1380.4% $56.7M
Trim SHV
-66.7% -$28.0M
Trim TLT
-88.4% -$27.2M
Trim IBDY
-43.9% -$23.3M
Add IVV
+17.8% $58.5M
Trim IBDZ
-39.9% -$18.3M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 1580 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 7.11% | +0.03% | +1.20% | |
| 2 | VEU | Vanguard Ftse All-world Ex-u | ETF-Other | 3.22% | -0.08% | +1.72% | |
| 3 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 2.47% | +0.34% | +17.75% | |
| 4 | AAPL | Apple Inc | Stock-Tech | 2.16% | +0.03% | +3.10% | |
| 5 | VUG | Vanguard Growth ETF | ETF-Other | 1.71% | +0.13% | +538.40% | |
| 6 | NVDA | Nvidia CORP | Stock-Tech | 1.67% | +0.14% | +10.60% | |
| 7 | VTV | Vanguard Value ETF | ETF-Other | 1.38% | — | +4.40% | |
| 8 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 1.30% | +0.07% | +6.78% | |
| 9 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 1.24% | — | +1.75% | |
| 10 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 1.18% | +0.14% | +3.46% | |
| 11 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 1.08% | — | +1.74% | |
| 12 | JBND | Jpmorgan Active Bond ETF | ETF-Other | 1.03% | -0.11% | +5.43% | |
| 13 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.99% | +0.09% | +0.06% | |
| 14 | MSFT | Microsoft CORP | Stock-Tech | 0.95% | -0.17% | -1.88% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.94% | -0.08% | +2.52% | |
| 16 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.90% | +0.08% | +5.35% | |
| 17 | PYLD | Pimco Multisector Bond Actv | ETF-Other | 0.83% | — | +14.05% | |
| 18 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.72% | +0.04% | +0.76% | |
| 19 | SPYV | Ss Spdr P S&p 500 Value ETF | ETF-Large Cap & Growth | 0.68% | -0.02% | +6.13% | |
| 20 | ICSH | Ishares Ultra Short Duration | ETF-Other | 0.67% | +0.62% | +1380.38% | |
| 21 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.63% | — | +3.65% | |
| 22 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.63% | -0.11% | -11.06% | |
| 23 | VBR | Vanguard Small-cap Value ETF | ETF-Other | 0.60% | — | +3.61% | |
| 24 | AVGO | Broadcom Inc | Stock-Tech | 0.60% | +0.04% | +1.81% | |
| 25 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 0.58% | -0.07% | -4.02% | |
| 26 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.52% | -0.07% | +4.55% | |
| 27 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 0.52% | +0.05% | +6.11% | |
| 28 | VO | Vanguard Mid-cap ETF | ETF-Other | 0.52% | +0.05% | +359.11% | |
| 29 | BINC | Ishares Flex I A Etf-usd Inc | ETF-Other | 0.49% | -0.02% | +10.05% | |
| 30 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.48% | +0.01% | +4.96% | |
| 31 | SMH | Vaneck Semiconductor ETF | ETF-Other | 0.48% | +0.08% | -18.23% | |
| 32 | VOE | Vanguard Mid-cap Value ETF | ETF-Other | 0.45% | -0.01% | +6.01% | |
| 33 | AMAT | Applied Materials Inc | Stock-Tech | 0.44% | +0.20% | +1.86% | |
| 34 | CAT | Caterpillar Inc | Stock-Industrials | 0.43% | +0.10% | +0.37% | |
| 35 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.42% | -0.20% | +0.58% | |
| 36 | AMD | Advanced Micro Devices | Stock-Tech | 0.42% | +0.24% | -4.61% | |
| 37 | MU | Micron Technology Inc | Stock-Tech | 0.42% | +0.26% | -10.41% | |
| 38 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.41% | +0.08% | +11.20% | |
| 39 | VB | Vanguard Small-cap ETF | ETF-Other | 0.39% | +0.02% | +6.22% | |
| 40 | IUSB | Ishr Cr Unvrse Usd Bd Etf-ui | ETF-Other | 0.39% | -0.03% | +7.25% | |
| 41 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 0.39% | +0.01% | +4.60% | |
| 42 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 0.38% | -0.03% | +9.67% | |
| 43 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-Other | 0.38% | -0.09% | -5.03% | |
| 44 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 0.38% | +0.02% | +4.05% | |
| 45 | IBDV | Ishares Ibonds Dec 2030 CORP | ETF-Other | 0.37% | -0.08% | -4.30% | |
| 46 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 0.36% | -0.01% | +1.78% | |
| 47 | SCHG | Schwab US Large-cap Growth | ETF-Other | 0.36% | +0.01% | +4.21% | |
| 48 | EFAV | Ishares Msci Eafe Min Vol Fa | ETF-Other | 0.36% | -0.08% | +0.47% | |
| 49 | GS | Goldman Sachs Group Inc | Stock-Financials | 0.36% | -0.04% | -12.44% | |
| 50 | DELL | Dell Technologies -c | Stock-Tech | 0.36% | +0.18% | -13.07% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2%
Performance Last 4 Quarters
+18.4%
- Stdev
- +11.4%
- Beta
- +0.85
- Alpha
- +0.2%
- Max Drawdown
- -5.8%
- Annualized Perf
- +18%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +3.04
- Stutzer
- +0.44
- Treynor
- +0.2
- Sterling
- +1.21
- Calmar
- +3.08
- Information Ratio
- -0.8
- Tracking Error
- +3.4%
- Stdev Down
- +5.7%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +31.4%
- Worst 12 Months
- +6.9%
- Efficiency Ratio
- +0.6
- Sharpe
- +1.52
- Stdev Sectors
- +9.6%
- Skewness
- -0.13
- Kurtosis
- -0.41
- Upside Potential
- +4.65
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 1580 | $9.1B | 26 | ||
| 2026 Q1 | 1397 | $7.8B | 24 | ||
| 2025 Q4 | 1283 | $6.8B | 12 | ||
| 2025 Q3 | 1238 | $6.6B | 63 | ||
| 2025 Q2 | 809 | $4.4B | 0 | ||
| 2025 Q1 | 706 | $3.6B | 100 | ||
| 2024 Q4 | 662 | $2.9B | 0 | ||
| 2024 Q3 | 556 | $2.6B | 0 | ||
| 2024 Q2 | 487 | $2.2B | 0 | ||
| 2024 Q1 | 381 | $1.7B | 0 | ||
| 2023 Q4 | 351 | $1.5B | 0 | ||
| 2023 Q3 | 332 | $1.4B | 0 | ||
| 2023 Q2 | 319 | $1.4B | 0 | ||
| 2023 Q1 | 256 | $1.1B | 0 | ||
| 2022 Q4 | 248 | $1.1B | 0 | ||
| 2022 Q3 | 253 | $1.1B | 0 | ||
| 2022 Q2 | 231 | $1.1B | 0 | ||
| 2022 Q1 | 247 | $1.3B | 0 | ||
| 2021 Q4 | 243 | $1.3B | 0 | ||
| 2021 Q3 | 221 | $1.2B | 0 | ||
| 2021 Q2 | 167 | $1.0B | 86 | ||
| 2021 Q1 | 56 | $758.5M | 7 | ||
| 2020 Q4 | 52 | $711.4M | 17 | ||
| 2020 Q3 | 34 | $604.7M | 8 | ||
| 2020 Q2 | 35 | $564.8M | 30 | ||
| 2020 Q1 | 43 | $455.0M | 27 | ||
| 2019 Q4 | 46 | $588.8M | 10 | ||
| 2019 Q3 | 44 | $590.2M | 4 | ||
| 2019 Q2 | 44 | $592.7M | 8 | ||
| 2019 Q1 | 51 | $582.8M | 13 | ||
| 2018 Q4 | 47 | $515.0M | 0 |
Holding changes this quarter
Summit Financial, LLC's most significant position changes for 2026-06-30: New buy: Goldman Sachs Core Bond ETF (GBND); Sold out: Vaneck Alt Asset Manager ETF (GPZ); New buy: Ft Lad Autocall Bar Inc ETF (ACYN); New buy: First Trust Nasdaq Transport (FTXR); Sold out: Rocket Cos Inc-class A (RKT).
Showing top 200 changes by size (of 1643 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ICSH | Ishares Ultra Short Duration | +0.6% | +1380.38% | Add |
| 2 | IVV | Ishares Core S&p 500 ETF | +0.3% | +17.75% | Add |
| 3 | MU | Micron Technology Inc | +0.3% | -10.41% | Trim |
| 4 | AMD | Advanced Micro Devices | +0.2% | -4.61% | Trim |
| 5 | CIEN | Ciena CORP | +0.2% | +443.17% | Add |
| 6 | GBND | Goldman Sachs Core Bond ETF | +0.2% | NEW | New buy |
| 7 | AMAT | Applied Materials Inc | +0.2% | +1.86% | Add |
| 8 | DELL | Dell Technologies -c | +0.2% | -13.07% | Trim |
| 9 | NVDA | Nvidia CORP | +0.1% | +10.60% | Add |
| 10 | QQQM | Invesco Nasdaq 100 ETF | +0.1% | +3.46% | Add |
| 11 | VUG | Vanguard Growth ETF | +0.1% | +538.40% | Add |
| 12 | IBDT | Ishares Ibonds Dec 2028 ETF | +0.1% | +98.54% | Add |
| 13 | FBT | First Trust Nyse Arca Biotec | +0.1% | +168.76% | Add |
| 14 | ACYN | Ft Lad Autocall Bar Inc ETF | +0.1% | NEW | New buy |
| 15 | CAT | Caterpillar Inc | +0.1% | +0.37% | Add |
| 16 | IWO | Ishares Russell 2000 Growth | +0.1% | +39.16% | Add |
| 17 | USFR | Wisdomtree Floating Rate Tre | +0.1% | +253.96% | Add |
| 18 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +0.06% | Add |
| 19 | WDC | Western Digital CORP | +0.1% | +44.92% | Add |
| 20 | MRVL | Marvell Technology Inc | +0.1% | -11.62% | Trim |
| 21 | FTXR | First Trust Nasdaq Transport | +0.1% | NEW | New buy |
| 22 | GIGL | Gldmn Schs CORP Bond ETF | +0.1% | NEW | New buy |
| 23 | EEM | Ishares Msci Emerging Market | +0.1% | +1695.96% | Add |
| 24 | SPYG | Ss Spdr P S&p 500 Growth ETF | +0.1% | +5.35% | Add |
| 25 | SMH | Vaneck Semiconductor ETF | +0.1% | -18.23% | Trim |
| 26 | LLY | Eli Lilly & Co | +0.1% | +11.20% | Add |
| 27 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -0.39% | Trim |
| 28 | INTC | Intel CORP | +0.1% | +13.25% | Add |
| 29 | STX | Seagate Technology Holdings plc | +0.1% | +54.31% | Add |
| 30 | QGRW | Wisdomtree US Quality Growth | +0.1% | +218.31% | Add |
| 31 | FTXN | First Trust Nasdaq Oil & Gas | +0.1% | NEW | New buy |
| 32 | GSLC | Goldman Activebeta US Lc ETF | +0.1% | +383.88% | Add |
| 33 | FXN | First Trust Energy Alphadex | +0.1% | +233.30% | Add |
| 34 | VOO | Vanguard S&p 500 ETF | +0.1% | +6.78% | Add |
| 35 | TIP | Ishares Tips Bond ETF | +0.1% | +144.98% | Add |
| 36 | CBOE | Cboe Global Markets Inc | +0.1% | +301.20% | Add |
| 37 | SNDK | Sandisk CORP | +0.1% | NEW | New buy |
| 38 | VPLS | Vanguard Core-plus Bond ETF | +0.1% | +46.98% | Add |
| 39 | ASML | ASML Holding N.V. | +0.1% | +10.44% | Add |
| 40 | QTUM | Defiance Quantum ETF | +0.1% | +119.10% | Add |
| 41 | JQUA | Jpmorgan US Quality Factor | +0.1% | +87.54% | Add |
| 42 | CMG | Chipotle Mexican Grill Inc | +0.1% | +640.96% | Add |
| 43 | ALAB | Astera Labs Inc | +0.1% | +23.31% | Add |
| 44 | IALT | Ishrs Sys Alt Act ETF | +0.1% | NEW | New buy |
| 45 | VO | Vanguard Mid-cap ETF | +0.1% | +359.11% | Add |
| 46 | IWM | Ishares Russell 2000 ETF | +0.1% | +6.11% | Add |
| 47 | SCHX | Schwab US Large-cap ETF | +0.1% | +21.68% | Add |
| 48 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +3.29% | Add |
| 49 | CSCO | Cisco Systems Inc | +0.1% | +2.86% | Add |
| 50 | URI | United Rentals Inc | +0.1% | +0.79% | Add |
1–50 of 200
Filing History
FAQ
What is Summit Financial, LLC and what type of investor is it?
Summit Financial, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $9.1B, spread across 1580 disclosed positions.
What are Summit Financial, LLC's largest equity positions?
Based on the latest 13F filing, Summit Financial, LLC's top holdings by market value are:
1. Vanguard Total Stock Mkt ETF (VTI) — $648.5M (7.1%)
2. Vanguard Ftse All-world Ex-u (VEU) — $294.1M (3.2%)
3. Ishares Core S&p 500 ETF (IVV) — $225.7M (2.5%)
4. Apple Inc (AAPL) — $196.9M (2.2%)
5. Vanguard Growth ETF (VUG) — $156.2M (1.7%)
What changes did Summit Financial, LLC make in its most recent portfolio filing?
In the latest reported quarter, Summit Financial, LLC made 199 notable position adjustments: 27 new positions were initiated, 121 existing holdings were added to, 42 positions were partially reduced, and 9 were completely exited. The largest of these moves: New buy: Goldman Sachs Core Bond ETF (GBND); Sold out: Vaneck Alt Asset Manager ETF (GPZ); New buy: Ft Lad Autocall Bar Inc ETF (ACYN); New buy: First Trust Nasdaq Transport (FTXR); Sold out: Rocket Cos Inc-class A (RKT)
What sectors does Summit Financial, LLC focus on?
Summit Financial, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 37.4%
• Financials: 12.9%
• Consumer Discretionary: 9.4%
• Industrials: 9.3%
• Health Care: 8.9%
• Communication Services: 6.0%
Investment Profile
Summit Financial, LLC returned an annualized 18.0% over the trailing 36 months — outperforming the S&P 500 by 0.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.85 (less volatile than the market) and a 44% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 37.4% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 26 over the past 4 quarters — a shift toward more active trading.
It has added to its IVV position over the past two quarters (+$68.0M, now $225.7M), while trimming TLT over the same stretch (-$28.8M, still holding $3.6M).
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Developer Access
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REST API
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