Q4 2025 · 13F-HR
Summit Asset Management, LLCholdings as filed
Filed 2026-02-09 · accession 0001398344-26-002477
$706.7M
Reported value
171
Positions
2025-12-31
Period end
The Brief · Summit Asset Management, LLC · Q4 2025
AI · grounded in 13F
Summit Asset Management, LLC closed its position in IBDQ for a reduction of $16.9M. The fund established new positions in IBDU and TLH, adding $17.9M and $16.4M respectively. Other activity included accumulating shares of IBDT by 7,467.4% and AGG by 217.4%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $55.9M | 7.90% | 2,036,541 | Common | NONE |
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $45.6M | 6.46% | 1,399,024 | Common | NONE |
| 92189F643 | MOAT | VANECK ETF TRUST | $39.6M | 5.60% | 382,063 | Common | NONE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $38.3M | 5.42% | 1,591,970 | Common | NONE |
| 808524508 | SCHM | SCHWAB STRATEGIC TR | $37.9M | 5.36% | 1,260,594 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $34.8M | 4.92% | 1,175,473 | Common | NONE |
| 92206C870 | VCIT | VANGUARD SCOTTSDALE FDS | $32.1M | 4.54% | 382,757 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $28.6M | 4.05% | 286,241 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $21.8M | 3.09% | 31,884 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $20.9M | 2.96% | 174,220 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $18.9M | 2.67% | 37,602 | Common | NONE |
| 97717X594 | IHDG | WISDOMTREE TR | $18.6M | 2.64% | 383,245 | Common | NONE |
| 46435U515 | IBDT | ISHARES TR | $18.5M | 2.62% | 728,665 | Common | NONE |
| 46435UAA9 | IBDS | ISHARES TR | $18.5M | 2.62% | 762,818 | Common | NONE |
| 808524672 | SCHY | SCHWAB STRATEGIC TR | $18.0M | 2.55% | 603,929 | Common | NONE |
| 46436E205 | IBDU | ISHARES TR | $18.0M | 2.55% | 768,679 | Common | NONE |
| 464288653 | TLH | ISHARES TR | $16.4M | 2.32% | 161,453 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $11.6M | 1.64% | 42,634 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $11.1M | 1.57% | 59,652 | Common | NONE |
| 464287440 | IEF | ISHARES TR | $9.4M | 1.32% | 97,234 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $8.8M | 1.25% | 18,256 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $8.4M | 1.20% | 36,597 | Common | NONE |
| 464287465 | EFA | ISHARES TR | $8.3M | 1.17% | 86,179 | Common | NONE |
| 053332102 | AZO | AUTOZONE INC | $6.9M | 0.97% | 2,031 | Common | NONE |
| 78467X109 | DIA | SPDR DOW JONES INDL AVERAGE | $6.1M | 0.86% | 12,650 | Common | NONE |
| 46434V803 | HEFA | ISHARES TR | $5.6M | 0.80% | 135,870 | Common | NONE |
| 931142103 | WMT | WALMART INC | $5.3M | 0.75% | 47,660 | Common | NONE |
| 45168D104 | IDXX | IDEXX LABS INC | $5.2M | 0.74% | 7,706 | Common | NONE |
| 464288307 | IMCG | ISHARES TR | $4.6M | 0.65% | 57,796 | Common | NONE |
| 78467V848 | TOTL | SSGA ACTIVE ETF TR | $4.4M | 0.62% | 108,826 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $3.8M | 0.53% | 5 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $3.7M | 0.53% | 11,607 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $3.5M | 0.50% | 19,139 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $3.1M | 0.44% | 9,984 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $3.1M | 0.43% | 4,969 | Common | NONE |
| 92647X830 | VFLO | VICTORY PORTFOLIOS II | $3.0M | 0.43% | 76,741 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.9M | 0.41% | 24,268 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2.9M | 0.40% | 13,807 | Common | NONE |
| 87283Q107 | TCHP | T ROWE PRICE ETF INC | $2.7M | 0.38% | 54,524 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $2.7M | 0.38% | 18,730 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $2.7M | 0.38% | 48,673 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $2.7M | 0.38% | 7,778 | Common | NONE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $2.5M | 0.36% | 21,042 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $2.4M | 0.34% | 17,967 | Common | NONE |
| 31428X106 | FDX | FEDEX CORP | $2.3M | 0.32% | 7,867 | Common | NONE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $2.2M | 0.32% | 5,744 | Common | NONE |
| 872540109 | TJX | TJX COS INC NEW | $2.2M | 0.31% | 14,399 | Common | NONE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX F | $2.1M | 0.30% | 25,390 | Common | NONE |
| 464288620 | USIG | ISHARES TR | $1.9M | 0.27% | 37,172 | Common | NONE |
| 244199105 | DE | DEERE & CO | $1.9M | 0.27% | 4,103 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $1.9M | 0.26% | 9,576 | Common | NONE |
| 92826C839 | V | VISA INC | $1.9M | 0.26% | 5,281 | Common | NONE |
| 41151J885 | OSEA | HARBOR ETF TRUST | $1.7M | 0.24% | 56,397 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.6M | 0.22% | 5,347 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $1.6M | 0.22% | 4,681 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $1.5M | 0.21% | 6,543 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $1.5M | 0.21% | 1,386 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.5M | 0.21% | 21,040 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.4M | 0.20% | 2,022 | Common | NONE |
| 233051853 | DBEU | DBX ETF TR | $1.4M | 0.19% | 28,147 | Common | NONE |
| 921932505 | VOOG | VANGUARD ADMIRAL FDS INC | $1.3M | 0.19% | 3,029 | Common | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $1.3M | 0.19% | 5,853 | Common | NONE |
| 302130109 | EXPD | EXPEDITORS INTL WASH INC | $1.2M | 0.17% | 8,010 | Common | NONE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $1.2M | 0.17% | 11,902 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $1.1M | 0.16% | 4,909 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $1.1M | 0.16% | 13,697 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $1.1M | 0.15% | 1,722 | Common | NONE |
| 808524607 | SCHA | SCHWAB STRATEGIC TR | $1.1M | 0.15% | 37,715 | Common | NONE |
| 25434V401 | DFUS | DIMENSIONAL ETF TRUST | $1.1M | 0.15% | 14,345 | Common | NONE |
| 00206R102 | T | AT&T INC | $1.1M | 0.15% | 42,781 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $1.0M | 0.15% | 3,322 | Common | NONE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $1.0M | 0.15% | 20,500 | Common | NONE |
| N20944109 | CNH | CNH INDL N V | $1.0M | 0.14% | 110,000 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $996,320 | 0.14% | 6,942 | Common | NONE |
| 92790A405 | SEIX | VIRTUS ETF TR II | $971,782 | 0.14% | 41,627 | Common | NONE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $954,632 | 0.14% | 35,475 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $940,813 | 0.13% | 1,091 | Common | NONE |
| 921932794 | VIOG | VANGUARD ADMIRAL FDS INC | $915,218 | 0.13% | 7,546 | Common | NONE |
| 464287408 | IVE | ISHARES TR | $909,992 | 0.13% | 4,291 | Common | NONE |
| 464287119 | ILCG | ISHARES TR | $861,971 | 0.12% | 8,285 | Common | NONE |
| 37959E102 | GL | GLOBE LIFE INC | $792,883 | 0.11% | 5,669 | Common | NONE |
| 464288208 | IMCB | ISHARES TR | $790,402 | 0.11% | 9,554 | Common | NONE |
| 46137V233 | XLG | INVESCO EXCHANGE TRADED FD T | $775,975 | 0.11% | 13,090 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $756,403 | 0.11% | 4,963 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $728,443 | 0.10% | 1,276 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $722,766 | 0.10% | 7,755 | Common | NONE |
| 87283Q867 | TCAF | T ROWE PRICE ETF INC | $714,485 | 0.10% | 18,694 | Common | NONE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $678,602 | 0.10% | 7,440 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $677,980 | 0.10% | 6,441 | Common | NONE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $668,434 | 0.09% | 1,108 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $662,082 | 0.09% | 25,241 | Common | NONE |
| 780087102 | RY | ROYAL BK CDA | $660,137 | 0.09% | 3,872 | Common | NONE |
| 72346Q104 | — | PINNACLE FINL PARTNERS INC | $658,375 | 0.09% | 6,900 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $648,660 | 0.09% | 3,328 | Common | NONE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $630,284 | 0.09% | 4,537 | Common | NONE |
| 311900104 | FAST | FASTENAL CO | $624,543 | 0.09% | 15,563 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $617,013 | 0.09% | 7,076 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $557,124 | 0.08% | 7,385 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $554,476 | 0.08% | 840 | Common | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $540,676 | 0.08% | 1,606 | Common | NONE |
| 74316P579 | AKRE | PROFESIONALLY MANAGED PORTFO | $539,540 | 0.08% | 8,236 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $531,779 | 0.08% | 1,424 | Common | NONE |
| 87283Q404 | TDVG | T ROWE PRICE ETF INC | $524,845 | 0.07% | 11,671 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $516,304 | 0.07% | 12,676 | Common | NONE |
| 46435GAA0 | IBDR | ISHARES TR | $499,695 | 0.07% | 20,623 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $495,558 | 0.07% | 3,955 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $481,545 | 0.07% | 19,339 | Common | NONE |
| 69374H881 | COWZ | PACER FDS TR | $477,449 | 0.07% | 7,935 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $470,924 | 0.07% | 6,114 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $468,720 | 0.07% | 1,534 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $467,987 | 0.07% | 1,265 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $462,978 | 0.07% | 14,441 | Common | NONE |
| 228368106 | CCK | CROWN HLDGS INC | $462,747 | 0.07% | 4,494 | Common | NONE |
| 464288109 | ILCV | ISHARES TR | $461,420 | 0.07% | 4,890 | Common | NONE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $442,222 | 0.06% | 6,006 | Common | NONE |
| 88579Y101 | MMM | 3M CO | $437,995 | 0.06% | 2,736 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $434,502 | 0.06% | 2,275 | Common | NONE |
| 25434V724 | DFUV | DIMENSIONAL ETF TRUST | $422,687 | 0.06% | 9,072 | Common | NONE |
| 301505707 | ROBO | EXCHANGE TRADED CONCEPTS TRU | $421,682 | 0.06% | 6,084 | Common | NONE |
| 45782C532 | UDEC | INNOVATOR ETFS TRUST | $421,175 | 0.06% | 10,625 | Common | NONE |
| 320517105 | FHN | FIRST HORIZON CORPORATION | $414,138 | 0.06% | 17,328 | Common | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $392,424 | 0.06% | 7,974 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $384,065 | 0.05% | 2,394 | Common | NONE |
| 025072752 | ACLC | AMERICAN CENTY ETF TR | $380,781 | 0.05% | 4,860 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $377,569 | 0.05% | 1,718 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $371,289 | 0.05% | 3,743 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $370,514 | 0.05% | 3,161 | Common | NONE |
| 882681109 | TXRH | TEXAS ROADHOUSE INC | $360,884 | 0.05% | 2,174 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $351,940 | 0.05% | 1,223 | Common | NONE |
| 464288406 | IMCV | ISHARES TR | $347,138 | 0.05% | 4,216 | Common | NONE |
| 03464A100 | FINS | ANGEL OAK FINL STRATEGIES IN | $343,460 | 0.05% | 26,000 | Common | NONE |
| 90470L550 | MGMT | UNIFIED SER TR | $339,126 | 0.05% | 7,650 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $332,030 | 0.05% | 62 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $329,519 | 0.05% | 6,109 | Common | NONE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $325,842 | 0.05% | 1,756 | Common | NONE |
| 29364G103 | ETR | ENTERGY CORP NEW | $323,505 | 0.05% | 3,500 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $320,806 | 0.05% | 1,211 | Common | NONE |
| 464287309 | IVW | ISHARES TR | $314,560 | 0.04% | 2,552 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $308,898 | 0.04% | 1,406 | Common | NONE |
| 25434V500 | DFAS | DIMENSIONAL ETF TRUST | $299,790 | 0.04% | 4,303 | Common | NONE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $298,979 | 0.04% | 2,835 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $298,188 | 0.04% | 4,518 | Common | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $292,471 | 0.04% | 1,137 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $283,058 | 0.04% | 3,822 | Common | NONE |
| 922908629 | VO | VANGUARD INDEX FDS | $279,192 | 0.04% | 962 | Common | NONE |
| 921910873 | MGC | VANGUARD WORLD FD | $263,729 | 0.04% | 1,050 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $262,442 | 0.04% | 852 | Common | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $261,427 | 0.04% | 1,142 | Common | NONE |
| 29250N105 | ENB | ENBRIDGE INC | $260,434 | 0.04% | 5,445 | Common | NONE |
| 464288679 | SHV | ISHARES TR | $259,403 | 0.04% | 2,355 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $259,146 | 0.04% | 1,800 | Common | NONE |
| 126408103 | CSX | CSX CORP | $253,246 | 0.04% | 6,986 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $252,247 | 0.04% | 4,686 | Common | NONE |
| 69121K104 | OBDC | BLUE OWL CAPITAL CORPORATION | $248,600 | 0.04% | 20,000 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $247,744 | 0.04% | 1,428 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $246,542 | 0.03% | 377 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $245,118 | 0.03% | 1,900 | Common | NONE |
| 09257W100 | BXMT | BLACKSTONE MTG TR INC | $235,299 | 0.03% | 12,300 | Common | NONE |
| 12572Q105 | CME | CME GROUP INC | $233,483 | 0.03% | 855 | Common | NONE |
| 46428Q109 | SLV | ISHARES SILVER TR | $232,749 | 0.03% | 3,613 | Common | NONE |
| 808524771 | FNDX | SCHWAB STRATEGIC TR | $230,197 | 0.03% | 8,460 | Common | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $229,435 | 0.03% | 1,130 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $225,243 | 0.03% | 934 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $220,070 | 0.03% | 455 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $219,102 | 0.03% | 1,926 | Common | NONE |
| 464287168 | DVY | ISHARES TR | $218,767 | 0.03% | 1,550 | Common | NONE |
| 01881G106 | AB | ALLIANCEBERNSTEIN HLDG L P | $212,025 | 0.03% | 5,510 | Common | NONE |
| 78464A763 | SDY | SPDR SERIES TRUST | $205,261 | 0.03% | 1,475 | Common | NONE |
| 09290D101 | BLK | BLACKROCK INC | $203,365 | 0.03% | 190 | Common | NONE |
| 96145W103 | WEST | WESTROCK COFFEE CO | $54,013 | 0.01% | 13,271 | Common | NONE |
| 85916J409 | STXS | STEREOTAXIS INC | $51,750 | 0.01% | 22,500 | 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.