Summit Asset Management, LLC — 13F Holdings & Portfolio
CIK 1509974 · latest 13F-HR filed 2026-08-06
Summit Asset Management, LLC manages $780.4M in 13F-reported U.S. long-equity assets across 183 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SCHD (8.40%), SCHG (6.21%), SCHM (5.95%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 17 new positions, exited 6, added to 97, and trimmed 29.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
MEMPHIS, TN 38117
$780.4M
Long-equity book
183
Distinct positions
2026-06-30
Filed 2026-08-06
+17 / −6 / ↑97 / ↓29
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SCHWAB STRATEGIC TR$7.1M +18.2%
- SCHWAB STRATEGIC TR$6.4M +15.2%
- SCHWAB STRATEGIC TR$5.0M +13.4%
- SCHWAB STRATEGIC TR$4.4M +11.1%
- ISHARES TR$4.1M +18.8%
Top Trims
- EXXON MOBIL CORP-$772.2K -18.9%
- WALMART INC-$577.4K -9.6%
- SSGA ACTIVE ETF TR-$388.1K -23.5%
- AUTOZONE INC-$372.0K -5.4%
- AT&T INC-$342.3K -27.6%
New Positions
- HONEYWELL INTL INC$1.1M
- HONEYWELL AEROSPACE INC$1.1M
- VANGUARD MUN BD FDS$910.8K
- FEDEX FGHT HLDG CO INC$596.1K
- INTEL CORP$481.9K
Exited Positions
- HONEYWELL INTL INC$2.2M
- CNH INDL N V$275.0K
- VANGUARD SCOTTSDALE FDS$253.3K
- CME GROUP INC$252.5K
- ISHARES SILVER TR$246.2K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | SCHD | 808524797 | $65.6M | 8.40% | 2,068,062 | SH |
| 2 | SCHWAB STRATEGIC TR | SCHG | 808524300 | $48.4M | 6.21% | 1,431,690 | SH |
| 3 | SCHWAB STRATEGIC TR | SCHM | 808524508 | $46.4M | 5.95% | 1,259,073 | SH |
| 4 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $44.5M | 5.70% | 1,607,026 | SH |
| 5 | SCHWAB STRATEGIC TR | SCHV | 808524409 | $42.6M | 5.46% | 1,224,848 | SH |
| 6 | VANECK ETF TRUST | MOAT | 92189F643 | $40.7M | 5.21% | 391,235 | SH |
| 7 | VANGUARD SCOTTSDALE FDS | VCIT | 92206C870 | $34.5M | 4.42% | 416,901 | SH |
| 8 | ISHARES TR | AGG | 464287226 | $32.2M | 4.12% | 324,822 | SH |
| 9 | ISHARES TR | IJR | 464287804 | $26.1M | 3.34% | 175,893 | SH |
| 10 | ISHARES TR | IVV | 464287200 | $23.9M | 3.06% | 31,893 | SH |
| 11 | WISDOMTREE TR | IHDG | 97717X594 | $20.1M | 2.58% | 384,135 | SH |
| 12 | ISHARES TR | IBDS | 46435UAA9 | $19.1M | 2.44% | 787,752 | SH |
| 13 | SCHWAB STRATEGIC TR | SCHY | 808524672 | $19.0M | 2.44% | 600,081 | SH |
| 14 | ISHARES TR | IBDT | 46435U515 | $19.0M | 2.44% | 753,549 | SH |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $18.9M | 2.43% | 37,864 | SH |
| 16 | ISHARES TR | IBDU | 46436E205 | $18.4M | 2.36% | 793,992 | SH |
| 17 | ISHARES TR | TLH | 464288653 | $17.8M | 2.28% | 177,429 | SH |
| 18 | APPLE INC | AAPL | 037833100 | $12.7M | 1.63% | 44,030 | SH |
| 19 | NVIDIA CORPORATION | NVDA | 67066G104 | $11.9M | 1.52% | 59,427 | SH |
| 20 | AMAZON COM INC | AMZN | 023135106 | $10.1M | 1.29% | 42,223 | SH |
| 21 | ISHARES TR | EFA | 464287465 | $9.0M | 1.15% | 86,515 | SH |
| 22 | ISHARES TR | IEF | 464287440 | $8.8M | 1.13% | 92,840 | SH |
| 23 | MICROSOFT CORP | MSFT | 594918104 | $7.5M | 0.97% | 20,206 | SH |
| 24 | AUTOZONE INC | AZO | 053332102 | $6.5M | 0.84% | 2,046 | SH |
| 25 | ISHARES TR | HEFA | 46434V803 | $6.4M | 0.82% | 135,870 | SH |
| 26 | STATE STR SPDR DOW JONES IND | DIA | 78467X109 | $6.3M | 0.81% | 12,138 | SH |
| 27 | ISHARES TR | IMCG | 464288307 | $5.5M | 0.71% | 56,256 | SH |
| 28 | WALMART INC | WMT | 931142103 | $5.5M | 0.70% | 48,213 | SH |
| 29 | VICTORY PORTFOLIOS II | VFLO | 92647X830 | $4.3M | 0.55% | 92,993 | SH |
| 30 | IDEXX LABS INC | IDXX | 45168D104 | $4.1M | 0.52% | 7,706 | SH |
| 31 | JPMORGAN CHASE & CO | JPM | 46625H100 | $3.8M | 0.49% | 11,656 | SH |
| 32 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $3.7M | 0.48% | 5 | SH |
| 33 | RTX CORPORATION | RTX | 75513E101 | $3.6M | 0.46% | 18,824 | SH |
| 34 | ALPHABET INC | GOOG | 02079K107 | $3.5M | 0.45% | 9,881 | SH |
| 35 | JOHNSON & JOHNSON | JNJ | 478160104 | $3.3M | 0.43% | 13,186 | SH |
| 36 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $3.3M | 0.43% | 46,654 | SH |
| 37 | EXXON MOBIL CORP | XOM | 30231G102 | $3.3M | 0.42% | 24,231 | SH |
| 38 | INVESCO QQQ TR | QQQ | 46090E103 | $3.2M | 0.41% | 4,302 | SH |
| 39 | HOME DEPOT INC | HD | 437076102 | $3.1M | 0.40% | 8,764 | SH |
| 40 | JOHNSON CONTROLS INTERNATION | JCI | G51502105 | $3.0M | 0.38% | 20,520 | SH |
| 41 | PROCTER & GAMBLE CO | PG | 742718109 | $2.9M | 0.37% | 19,891 | SH |
| 42 | ROCKWELL AUTOMATION INC | ROK | 773903109 | $2.9M | 0.37% | 5,767 | SH |
| 43 | BANK OF AMER CORP | BAC | 060505104 | $2.8M | 0.36% | 48,674 | SH |
| 44 | ISHARES TR | USIG | 464288620 | $2.7M | 0.35% | 53,281 | SH |
| 45 | T ROWE PRICE EXCHANGE-TRADED | TCHP | 87283Q107 | $2.7M | 0.35% | 54,182 | SH |
| 46 | DEERE & CO | DE | 244199105 | $2.6M | 0.34% | 4,125 | SH |
| 47 | EMERSON ELEC CO | EMR | 291011104 | $2.6M | 0.33% | 17,867 | SH |
| 48 | FEDEX CORP | FDX | 31428X106 | $2.5M | 0.32% | 7,915 | SH |
| 49 | VANGUARD INDEX FDS | VTI | 922908769 | $2.3M | 0.30% | 6,228 | SH |
| 50 | TJX COS INC NEW | TJX | 872540109 | $2.2M | 0.28% | 14,229 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-06 | $780.4M | 183 | 0001398344-26-013632 |
| 2026-03-31 | 2026-05-08 | $718.8M | 172 | 0001398344-26-008718 |
| 2025-12-31 | 2026-02-09 | $706.7M | 171 | 0001398344-26-002477 |