Q2 2025 · 13F-HR
Summit Asset Management, LLCholdings as filed
Filed 2025-08-07 · accession 0001398344-25-014658
$613.8M
Reported value
171
Positions
2025-06-30
Period end
The Brief · Summit Asset Management, LLC · Q2 2025
AI · grounded in 13F
Summit Asset Management, LLC established a new position in SCHD valued at $52.3M. The fund also initiated new stakes in SCHG for $40.2M and MOAT for $35.2M. Additional new positions include SCHM at $34.9M, SCHF at $34.7M, and SCHV at $29.5M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $52.3M | 8.52% | 1,973,901 | Common | NONE |
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $40.2M | 6.54% | 1,374,580 | Common | NONE |
| 92189F643 | MOAT | VANECK ETF TRUST | $35.2M | 5.73% | 375,034 | Common | NONE |
| 808524508 | SCHM | SCHWAB STRATEGIC TR | $34.9M | 5.69% | 1,244,807 | Common | NONE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $34.7M | 5.66% | 1,572,175 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $29.5M | 4.81% | 1,067,441 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $19.2M | 3.13% | 30,953 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $18.9M | 3.08% | 173,199 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $18.7M | 3.04% | 38,449 | Common | NONE |
| 464287440 | IEF | ISHARES TR | $18.4M | 2.99% | 191,791 | Common | NONE |
| 808524672 | SCHY | SCHWAB STRATEGIC TR | $18.1M | 2.95% | 660,984 | Common | NONE |
| 97717X594 | IHDG | WISDOMTREE TR | $17.2M | 2.80% | 381,721 | Common | NONE |
| 46435GAA0 | IBDR | ISHARES TR | $16.7M | 2.72% | 688,575 | Common | NONE |
| 46434VBD1 | IBDQ | ISHARES TR | $16.7M | 2.72% | 662,035 | Common | NONE |
| 46435UAA9 | IBDS | ISHARES TR | $16.6M | 2.71% | 685,568 | Common | NONE |
| 92206C870 | VCIT | VANGUARD SCOTTSDALE FDS | $15.9M | 2.60% | 192,260 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $9.5M | 1.55% | 60,342 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $9.3M | 1.52% | 18,778 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $9.2M | 1.50% | 44,844 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $8.7M | 1.41% | 87,231 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $7.9M | 1.28% | 35,945 | Common | NONE |
| 053332102 | AZO | AUTOZONE INC | $7.8M | 1.26% | 2,091 | Common | NONE |
| 464287465 | EFA | ISHARES TR | $7.6M | 1.24% | 85,224 | Common | NONE |
| 78467V848 | TOTL | SSGA ACTIVE ETF TR | $6.8M | 1.11% | 169,644 | Common | NONE |
| 78467X109 | DIA | SPDR DOW JONES INDL AVERAGE | $5.7M | 0.93% | 12,968 | Common | NONE |
| 46434V803 | HEFA | ISHARES TR | $5.2M | 0.84% | 135,870 | Common | NONE |
| 931142103 | WMT | WALMART INC | $4.7M | 0.77% | 48,489 | Common | NONE |
| 464288307 | IMCG | ISHARES TR | $4.7M | 0.77% | 58,989 | Common | NONE |
| 45168D104 | IDXX | IDEXX LABS INC | $4.2M | 0.68% | 7,785 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $3.6M | 0.59% | 5 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $3.4M | 0.55% | 11,595 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $2.9M | 0.47% | 18,157 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $2.8M | 0.46% | 19,479 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $2.8M | 0.46% | 7,711 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.7M | 0.44% | 25,132 | Common | NONE |
| 87283Q107 | TCHP | T ROWE PRICE ETF INC | $2.5M | 0.41% | 56,047 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $2.3M | 0.37% | 17,151 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $2.2M | 0.36% | 46,597 | Common | NONE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $2.2M | 0.36% | 20,800 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2.2M | 0.36% | 14,375 | Common | NONE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX F | $2.2M | 0.36% | 28,263 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $2.1M | 0.34% | 3,751 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $2.0M | 0.33% | 8,716 | Common | NONE |
| 464288620 | USIG | ISHARES TR | $2.0M | 0.32% | 37,919 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.9M | 0.32% | 3,145 | Common | NONE |
| 244199105 | DE | DEERE & CO | $1.9M | 0.32% | 3,803 | Common | NONE |
| 92647X830 | VFLO | VICTORY PORTFOLIOS II | $1.9M | 0.31% | 53,810 | Common | NONE |
| 92826C839 | V | VISA INC | $1.9M | 0.31% | 5,290 | Common | NONE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $1.9M | 0.31% | 5,644 | Common | NONE |
| 31428X106 | FDX | FEDEX CORP | $1.8M | 0.29% | 7,854 | Common | NONE |
| 872540109 | TJX | TJX COS INC NEW | $1.8M | 0.29% | 14,343 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $1.8M | 0.29% | 9,910 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.6M | 0.26% | 5,347 | Common | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $1.6M | 0.26% | 5,895 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $1.5M | 0.25% | 6,735 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.5M | 0.24% | 21,103 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $1.4M | 0.23% | 4,654 | Common | NONE |
| 233051853 | DBEU | DBX ETF TR | $1.3M | 0.22% | 30,052 | Common | NONE |
| 00206R102 | T | AT&T INC | $1.3M | 0.22% | 45,758 | Common | NONE |
| 41151J885 | OSEA | HARBOR ETF TRUST | $1.3M | 0.21% | 44,125 | Common | NONE |
| N20944109 | CNH | CNH INDL N V | $1.3M | 0.21% | 98,000 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $1.2M | 0.20% | 1,247 | Common | NONE |
| 921932505 | VOOG | VANGUARD ADMIRAL FDS INC | $1.2M | 0.20% | 3,029 | Common | NONE |
| 31154R109 | FPI | FARMLAND PARTNERS INC | $1.1M | 0.18% | 97,465 | Common | NONE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $1.1M | 0.18% | 12,002 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $1.1M | 0.18% | 1,394 | Common | NONE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $1.1M | 0.18% | 20,500 | Common | NONE |
| 808524607 | SCHA | SCHWAB STRATEGIC TR | $1.0M | 0.17% | 40,119 | Common | NONE |
| 25434V401 | DFUS | DIMENSIONAL ETF TRUST | $961,402 | 0.16% | 14,345 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $955,994 | 0.16% | 1,683 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $950,842 | 0.15% | 7,201 | Common | NONE |
| 302130109 | EXPD | EXPEDITORS INTL WASH INC | $915,143 | 0.15% | 8,010 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $902,449 | 0.15% | 13,000 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $901,558 | 0.15% | 4,857 | Common | NONE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $867,009 | 0.14% | 35,475 | Common | NONE |
| 464287408 | IVE | ISHARES TR | $864,734 | 0.14% | 4,425 | Common | NONE |
| 921932794 | VIOG | VANGUARD ADMIRAL FDS INC | $863,489 | 0.14% | 7,546 | Common | NONE |
| 464287119 | ILCG | ISHARES TR | $802,817 | 0.13% | 8,285 | Common | NONE |
| 464288208 | IMCB | ISHARES TR | $785,049 | 0.13% | 9,855 | Common | NONE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $775,945 | 0.13% | 5,243 | Common | NONE |
| 72346Q104 | — | PINNACLE FINL PARTNERS INC | $761,823 | 0.12% | 6,900 | Common | NONE |
| 37959E102 | GL | GLOBE LIFE INC | $747,451 | 0.12% | 6,014 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $745,266 | 0.12% | 3,409 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $723,779 | 0.12% | 1,288 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $687,933 | 0.11% | 4,804 | Common | NONE |
| 46137V233 | XLG | INVESCO EXCHANGE TRADED FD T | $681,989 | 0.11% | 13,090 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $679,987 | 0.11% | 10,964 | Common | NONE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $670,567 | 0.11% | 7,440 | Common | NONE |
| 311900104 | FAST | FASTENAL CO | $645,792 | 0.11% | 15,376 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $642,325 | 0.10% | 6,995 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $635,443 | 0.10% | 14,686 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $628,876 | 0.10% | 852 | Common | NONE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $627,660 | 0.10% | 1,108 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $616,523 | 0.10% | 7,695 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $586,810 | 0.10% | 24,625 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $584,550 | 0.10% | 24,115 | Common | NONE |
| 65342V101 | NREF | NEXPOINT REAL ESTATE FIN INC | $552,745 | 0.09% | 40,083 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $529,780 | 0.09% | 3,006 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $529,663 | 0.09% | 3,894 | Common | NONE |
| 464287309 | IVW | ISHARES TR | $511,525 | 0.08% | 4,646 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $510,230 | 0.08% | 7,385 | Common | NONE |
| 780087102 | RY | ROYAL BK CDA | $509,362 | 0.08% | 3,872 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $504,091 | 0.08% | 6,368 | Common | NONE |
| 69374H881 | COWZ | PACER FDS TR | $495,349 | 0.08% | 8,990 | Common | NONE |
| 92790A405 | SEIX | VIRTUS ETF TR II | $484,064 | 0.08% | 20,546 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $483,548 | 0.08% | 1,424 | Common | NONE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $476,096 | 0.08% | 6,006 | Common | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $468,406 | 0.08% | 1,606 | Common | NONE |
| 228368106 | CCK | CROWN HLDGS INC | $462,792 | 0.08% | 4,494 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $435,664 | 0.07% | 2,465 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $435,461 | 0.07% | 2,391 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $430,623 | 0.07% | 1,350 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $428,462 | 0.07% | 1,466 | Common | NONE |
| 88579Y101 | MMM | 3M CO | $425,968 | 0.07% | 2,798 | Common | NONE |
| 464288109 | ILCV | ISHARES TR | $424,455 | 0.07% | 5,090 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $423,739 | 0.07% | 6,108 | Common | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $397,190 | 0.06% | 9,239 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $394,141 | 0.06% | 5,353 | Common | NONE |
| 320517105 | FHN | FIRST HORIZON CORPORATION | $391,346 | 0.06% | 18,460 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $388,586 | 0.06% | 12,531 | Common | NONE |
| 45782C532 | UDEC | INNOVATOR ETFS TRUST | $387,175 | 0.06% | 10,625 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $386,297 | 0.06% | 3,827 | Common | NONE |
| 25434V724 | DFUV | DIMENSIONAL ETF TRUST | $380,552 | 0.06% | 9,001 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $374,650 | 0.06% | 3,175 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $358,933 | 0.06% | 62 | Common | NONE |
| 025072752 | ACLC | AMERICAN CENTY ETF TR | $351,504 | 0.06% | 4,860 | Common | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $350,651 | 0.06% | 1,137 | Common | NONE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $347,507 | 0.06% | 3,335 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $345,688 | 0.06% | 1,689 | Common | NONE |
| 46429B655 | FLOT | ISHARES TR | $342,752 | 0.06% | 6,718 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $334,030 | 0.05% | 4,953 | Common | NONE |
| 464288406 | IMCV | ISHARES TR | $320,332 | 0.05% | 4,216 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $319,261 | 0.05% | 1,395 | Common | NONE |
| 882681109 | TXRH | TEXAS ROADHOUSE INC | $313,724 | 0.05% | 1,674 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $308,291 | 0.05% | 6,660 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $296,481 | 0.05% | 1,428 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $295,907 | 0.05% | 1,192 | Common | NONE |
| 29364G103 | ETR | ENTERGY CORP NEW | $290,920 | 0.05% | 3,500 | Common | NONE |
| 25434V500 | DFAS | DIMENSIONAL ETF TRUST | $274,144 | 0.04% | 4,303 | Common | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $269,234 | 0.04% | 1,130 | Common | NONE |
| 922908629 | VO | VANGUARD INDEX FDS | $269,196 | 0.04% | 962 | Common | NONE |
| 808524862 | SCHO | SCHWAB STRATEGIC TR | $259,217 | 0.04% | 10,632 | Common | NONE |
| 92204A405 | VFH | VANGUARD WORLD FD | $257,610 | 0.04% | 2,024 | Common | NONE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $252,750 | 0.04% | 5,155 | Common | NONE |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $252,341 | 0.04% | 860 | Common | NONE |
| 225310101 | CACC | CREDIT ACCEP CORP MICH | $246,564 | 0.04% | 484 | Common | NONE |
| 87283Q867 | TCAF | T ROWE PRICE ETF INC | $246,290 | 0.04% | 6,981 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $241,876 | 0.04% | 887 | Common | NONE |
| 922908611 | VBR | VANGUARD INDEX FDS | $241,617 | 0.04% | 1,239 | Common | NONE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $236,933 | 0.04% | 1,072 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $236,605 | 0.04% | 1,908 | Common | NONE |
| 921910873 | MGC | VANGUARD WORLD FD | $236,166 | 0.04% | 1,050 | Common | NONE |
| 12572Q105 | CME | CME GROUP INC | $235,655 | 0.04% | 855 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $234,225 | 0.04% | 910 | Common | NONE |
| 301505707 | ROBO | EXCHANGE TRADED CONCEPTS TRU | $233,142 | 0.04% | 3,900 | Common | NONE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $231,162 | 0.04% | 2,725 | Common | NONE |
| 126408103 | CSX | CSX CORP | $227,135 | 0.04% | 6,961 | Common | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $225,591 | 0.04% | 1,142 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $223,697 | 0.04% | 1,875 | Common | NONE |
| 01881G106 | AB | ALLIANCEBERNSTEIN HLDG L P | $222,524 | 0.04% | 5,450 | Common | NONE |
| 87283Q404 | TDVG | T ROWE PRICE ETF INC | $222,495 | 0.04% | 5,250 | Common | NONE |
| 29250N105 | ENB | ENBRIDGE INC | $221,026 | 0.04% | 4,877 | Common | NONE |
| 143130102 | KMX | CARMAX INC | $220,785 | 0.04% | 3,285 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $220,263 | 0.04% | 617 | Common | NONE |
| 125523100 | CI | THE CIGNA GROUP | $217,191 | 0.04% | 657 | Common | NONE |
| 25746U109 | D | DOMINION ENERGY INC | $211,328 | 0.03% | 3,739 | Common | NONE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $208,641 | 0.03% | 252 | Common | NONE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $206,886 | 0.03% | 1,108 | Common | NONE |
| 78464A763 | SDY | SPDR SERIES TRUST | $200,202 | 0.03% | 1,475 | Common | NONE |
| 96145W103 | WEST | WESTROCK COFFEE CO | $76,043 | 0.01% | 13,271 | Common | NONE |
| 85916J409 | STXS | STEREOTAXIS INC | $44,520 | 0.01% | 21,000 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.