Q3 2025 · 13F-HR
Summit Asset Management, LLCholdings as filed
Filed 2025-11-06 · accession 0001398344-25-020413
$650.4M
Reported value
170
Positions
2025-09-30
Period end
The Brief · Summit Asset Management, LLC · Q3 2025
AI · grounded in 13F
Summit Asset Management, LLC established a new position in SCHD worth $54.0M. The fund also initiated new stakes in SCHG for $44.3M and MOAT for $37.4M. Other new additions include SCHF at $36.8M, SCHM at $36.7M, and SCHV at $32.4M. The fund manages a total of 170 positions with $650.4M in assets under management.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $54.0M | 8.31% | 1,979,039 | Common | NONE |
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $44.3M | 6.82% | 1,389,325 | Common | NONE |
| 92189F643 | MOAT | VANECK ETF TRUST | $37.4M | 5.75% | 377,314 | Common | NONE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $36.8M | 5.66% | 1,580,325 | Common | NONE |
| 808524508 | SCHM | SCHWAB STRATEGIC TR | $36.7M | 5.65% | 1,239,829 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $32.4M | 4.98% | 1,112,371 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $21.1M | 3.24% | 31,497 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $20.6M | 3.17% | 173,687 | Common | NONE |
| 464287440 | IEF | ISHARES TR | $19.5M | 3.00% | 202,217 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $19.0M | 2.92% | 37,838 | Common | NONE |
| 808524672 | SCHY | SCHWAB STRATEGIC TR | $17.7M | 2.73% | 635,132 | Common | NONE |
| 97717X594 | IHDG | WISDOMTREE TR | $17.5M | 2.69% | 379,709 | Common | NONE |
| 46435UAA9 | IBDS | ISHARES TR | $17.4M | 2.68% | 715,754 | Common | NONE |
| 46435GAA0 | IBDR | ISHARES TR | $17.4M | 2.67% | 714,154 | Common | NONE |
| 46434VBD1 | IBDQ | ISHARES TR | $16.9M | 2.60% | 671,458 | Common | NONE |
| 92206C870 | VCIT | VANGUARD SCOTTSDALE FDS | $16.8M | 2.59% | 200,091 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $11.2M | 1.73% | 60,220 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $11.2M | 1.72% | 43,986 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $9.6M | 1.47% | 18,454 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $9.0M | 1.39% | 90,185 | Common | NONE |
| 053332102 | AZO | AUTOZONE INC | $9.0M | 1.38% | 2,091 | Common | NONE |
| 464287465 | EFA | ISHARES TR | $8.0M | 1.23% | 85,936 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $8.0M | 1.23% | 36,295 | Common | NONE |
| 78467V848 | TOTL | SSGA ACTIVE ETF TR | $6.9M | 1.05% | 169,030 | Common | NONE |
| 78467X109 | DIA | SPDR DOW JONES INDL AVERAGE | $5.9M | 0.91% | 12,763 | Common | NONE |
| 46434V803 | HEFA | ISHARES TR | $5.4M | 0.83% | 135,870 | Common | NONE |
| 45168D104 | IDXX | IDEXX LABS INC | $5.0M | 0.76% | 7,785 | Common | NONE |
| 931142103 | WMT | WALMART INC | $4.9M | 0.75% | 47,519 | Common | NONE |
| 464288307 | IMCG | ISHARES TR | $4.9M | 0.75% | 58,775 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $3.8M | 0.58% | 5 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $3.7M | 0.56% | 11,595 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $3.2M | 0.50% | 19,409 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $3.2M | 0.49% | 7,796 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $3.0M | 0.47% | 19,740 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $3.0M | 0.45% | 4,922 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.8M | 0.43% | 25,009 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2.7M | 0.42% | 14,749 | Common | NONE |
| 87283Q107 | TCHP | T ROWE PRICE ETF INC | $2.7M | 0.42% | 55,493 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $2.4M | 0.37% | 9,910 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $2.4M | 0.37% | 46,598 | Common | NONE |
| 92647X830 | VFLO | VICTORY PORTFOLIOS II | $2.4M | 0.36% | 63,296 | Common | NONE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $2.4M | 0.36% | 21,500 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $2.4M | 0.36% | 17,951 | Common | NONE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX F | $2.2M | 0.34% | 27,618 | Common | NONE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $2.1M | 0.32% | 5,944 | Common | NONE |
| 872540109 | TJX | TJX COS INC NEW | $2.1M | 0.32% | 14,343 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $2.0M | 0.31% | 9,616 | Common | NONE |
| 464288620 | USIG | ISHARES TR | $2.0M | 0.30% | 37,919 | Common | NONE |
| 244199105 | DE | DEERE & CO | $1.9M | 0.29% | 4,103 | Common | NONE |
| 31428X106 | FDX | FEDEX CORP | $1.9M | 0.29% | 7,886 | Common | NONE |
| 92826C839 | V | VISA INC | $1.8M | 0.28% | 5,290 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $1.5M | 0.24% | 6,541 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $1.5M | 0.23% | 4,654 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.5M | 0.23% | 5,347 | Common | NONE |
| 41151J885 | OSEA | HARBOR ETF TRUST | $1.5M | 0.23% | 50,054 | Common | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $1.4M | 0.22% | 5,853 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.4M | 0.22% | 21,115 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.4M | 0.21% | 2,085 | Common | NONE |
| 233051853 | DBEU | DBX ETF TR | $1.3M | 0.20% | 28,945 | Common | NONE |
| 921932505 | VOOG | VANGUARD ADMIRAL FDS INC | $1.3M | 0.20% | 3,029 | Common | NONE |
| 00206R102 | T | AT&T INC | $1.3M | 0.20% | 45,769 | Common | NONE |
| N20944109 | CNH | CNH INDL N V | $1.2M | 0.18% | 110,000 | Common | NONE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $1.2M | 0.18% | 20,500 | Common | NONE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $1.1M | 0.18% | 12,002 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $1.1M | 0.17% | 4,858 | Common | NONE |
| 808524607 | SCHA | SCHWAB STRATEGIC TR | $1.1M | 0.17% | 40,071 | Common | NONE |
| 31154R109 | FPI | FARMLAND PARTNERS INC | $1.1M | 0.16% | 97,465 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $1.1M | 0.16% | 1,384 | Common | NONE |
| 25434V401 | DFUS | DIMENSIONAL ETF TRUST | $1.0M | 0.16% | 14,345 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $1.0M | 0.16% | 13,691 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $1.0M | 0.16% | 1,683 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $1.0M | 0.15% | 1,088 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $995,181 | 0.15% | 7,086 | Common | NONE |
| 302130109 | EXPD | EXPEDITORS INTL WASH INC | $981,946 | 0.15% | 8,010 | Common | NONE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $934,412 | 0.14% | 35,475 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $933,154 | 0.14% | 3,318 | Common | NONE |
| 921932794 | VIOG | VANGUARD ADMIRAL FDS INC | $918,801 | 0.14% | 7,546 | Common | NONE |
| 464287408 | IVE | ISHARES TR | $913,807 | 0.14% | 4,425 | Common | NONE |
| 464287119 | ILCG | ISHARES TR | $864,126 | 0.13% | 8,285 | Common | NONE |
| 464288208 | IMCB | ISHARES TR | $818,458 | 0.13% | 9,855 | Common | NONE |
| 37959E102 | GL | GLOBE LIFE INC | $815,202 | 0.13% | 5,702 | Common | NONE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $802,106 | 0.12% | 7,440 | Common | NONE |
| 311900104 | FAST | FASTENAL CO | $763,210 | 0.12% | 15,563 | Common | NONE |
| 46137V233 | XLG | INVESCO EXCHANGE TRADED FD T | $752,937 | 0.12% | 13,090 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $746,066 | 0.11% | 4,804 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $732,627 | 0.11% | 1,288 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $730,834 | 0.11% | 3,006 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $714,858 | 0.11% | 10,954 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $664,311 | 0.10% | 7,010 | Common | NONE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $660,401 | 0.10% | 1,108 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $648,735 | 0.10% | 25,233 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $648,506 | 0.10% | 14,756 | Common | NONE |
| 72346Q104 | — | PINNACLE FINL PARTNERS INC | $647,171 | 0.10% | 6,900 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $644,995 | 0.10% | 7,695 | Common | NONE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $633,350 | 0.10% | 4,533 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $606,808 | 0.09% | 23,815 | Common | NONE |
| 780087102 | RY | ROYAL BK CDA | $570,423 | 0.09% | 3,872 | Common | NONE |
| 65342V101 | NREF | NEXPOINT REAL ESTATE FIN INC | $568,377 | 0.09% | 40,083 | Common | NONE |
| 464287309 | IVW | ISHARES TR | $560,865 | 0.09% | 4,646 | Common | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $547,646 | 0.08% | 1,606 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $544,176 | 0.08% | 741 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $542,502 | 0.08% | 7,385 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $534,466 | 0.08% | 6,368 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $521,602 | 0.08% | 3,894 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $520,444 | 0.08% | 1,424 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $477,587 | 0.07% | 15,273 | Common | NONE |
| 87283Q867 | TCAF | T ROWE PRICE ETF INC | $471,514 | 0.07% | 12,507 | Common | NONE |
| 464288109 | ILCV | ISHARES TR | $458,202 | 0.07% | 5,090 | Common | NONE |
| 92790A405 | SEIX | VIRTUS ETF TR II | $454,131 | 0.07% | 19,251 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $448,416 | 0.07% | 1,350 | Common | NONE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $447,387 | 0.07% | 6,006 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $445,865 | 0.07% | 1,467 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $439,184 | 0.07% | 2,355 | Common | NONE |
| 88579Y101 | MMM | 3M CO | $434,194 | 0.07% | 2,798 | Common | NONE |
| 228368106 | CCK | CROWN HLDGS INC | $434,075 | 0.07% | 4,494 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $418,286 | 0.06% | 6,114 | Common | NONE |
| 320517105 | FHN | FIRST HORIZON CORPORATION | $417,474 | 0.06% | 18,464 | Common | NONE |
| 69374H881 | COWZ | PACER FDS TR | $416,370 | 0.06% | 7,245 | Common | NONE |
| 45782C532 | UDEC | INNOVATOR ETFS TRUST | $407,681 | 0.06% | 10,625 | Common | NONE |
| 25434V724 | DFUV | DIMENSIONAL ETF TRUST | $404,029 | 0.06% | 9,041 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $388,451 | 0.06% | 3,139 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $388,060 | 0.06% | 2,392 | Common | NONE |
| 301505707 | ROBO | EXCHANGE TRADED CONCEPTS TRU | $382,739 | 0.06% | 5,838 | Common | NONE |
| 025072752 | ACLC | AMERICAN CENTY ETF TR | $375,300 | 0.06% | 4,860 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $364,469 | 0.06% | 1,689 | Common | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $363,902 | 0.06% | 7,959 | Common | NONE |
| 882681109 | TXRH | TEXAS ROADHOUSE INC | $361,210 | 0.06% | 2,174 | Common | NONE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $353,909 | 0.05% | 1,756 | Common | NONE |
| 464288406 | IMCV | ISHARES TR | $338,758 | 0.05% | 4,216 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $334,755 | 0.05% | 62 | Common | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $333,710 | 0.05% | 1,137 | Common | NONE |
| 29364G103 | ETR | ENTERGY CORP NEW | $326,165 | 0.05% | 3,500 | Common | NONE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $324,863 | 0.05% | 2,835 | Common | NONE |
| 46429B655 | FLOT | ISHARES TR | $320,558 | 0.05% | 6,275 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $317,581 | 0.05% | 3,802 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $315,254 | 0.05% | 4,239 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $310,032 | 0.05% | 1,194 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $308,113 | 0.05% | 1,395 | Common | NONE |
| 25434V500 | DFAS | DIMENSIONAL ETF TRUST | $294,583 | 0.05% | 4,303 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $292,734 | 0.05% | 4,686 | Common | NONE |
| 922908629 | VO | VANGUARD INDEX FDS | $282,578 | 0.04% | 962 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $274,839 | 0.04% | 6,094 | Common | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $270,499 | 0.04% | 1,130 | Common | NONE |
| 92204A405 | VFH | VANGUARD WORLD FD | $265,584 | 0.04% | 2,024 | Common | NONE |
| 29250N105 | ENB | ENBRIDGE INC | $264,764 | 0.04% | 5,247 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $262,366 | 0.04% | 1,428 | Common | NONE |
| 922908611 | VBR | VANGUARD INDEX FDS | $258,592 | 0.04% | 1,239 | Common | NONE |
| 921910873 | MGC | VANGUARD WORLD FD | $256,295 | 0.04% | 1,050 | Common | NONE |
| 69121K104 | OBDC | BLUE OWL CAPITAL CORPORATION | $255,400 | 0.04% | 20,000 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $255,151 | 0.04% | 1,876 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $253,591 | 0.04% | 843 | Common | NONE |
| 126408103 | CSX | CSX CORP | $247,657 | 0.04% | 6,974 | Common | NONE |
| 46435U515 | IBDT | ISHARES TR | $245,732 | 0.04% | 9,629 | Common | NONE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $239,237 | 0.04% | 2,665 | Common | NONE |
| 12572Q105 | CME | CME GROUP INC | $231,012 | 0.04% | 855 | Common | NONE |
| 87283Q404 | TDVG | T ROWE PRICE ETF INC | $230,790 | 0.04% | 5,250 | Common | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $226,413 | 0.03% | 1,142 | Common | NONE |
| 225310101 | CACC | CREDIT ACCEP CORP MICH | $225,994 | 0.03% | 484 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $225,776 | 0.03% | 367 | Common | NONE |
| 808524771 | FNDX | SCHWAB STRATEGIC TR | $222,498 | 0.03% | 8,460 | Common | NONE |
| 09290D101 | BLK | BLACKROCK INC | $221,515 | 0.03% | 190 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $218,524 | 0.03% | 1,909 | Common | NONE |
| 464287168 | DVY | ISHARES TR | $213,150 | 0.03% | 1,500 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $210,219 | 0.03% | 887 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $209,593 | 0.03% | 834 | Common | NONE |
| 01881G106 | AB | ALLIANCEBERNSTEIN HLDG L P | $208,299 | 0.03% | 5,450 | Common | NONE |
| 78464A763 | SDY | SPDR SERIES TRUST | $206,574 | 0.03% | 1,475 | Common | NONE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $206,167 | 0.03% | 1,072 | Common | NONE |
| 85916J409 | STXS | STEREOTAXIS INC | $65,310 | 0.01% | 21,000 | Common | NONE |
| 96145W103 | WEST | WESTROCK COFFEE CO | $64,497 | 0.01% | 13,271 | 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.