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Summit Financial, LLC — 13F Holdings & Portfolio

CIK 1765536 · latest 13F-HR filed 2026-08-12

Backtest portfolio

Summit Financial, LLC manages $9.12B in 13F-reported U.S. long-equity assets across 1,580 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VTI (7.11%), VEU (3.22%), IVV (2.47%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 246 new positions and exited 63; 786 existing positions rose in reported value and 301 fell.

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.

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AUM
$9.12B

Long-equity book

Holdings
1,580

Distinct positions

Period
2026-06-30

Filed 2026-08-12

Q/Q Activity
+246 / −63 / ↑786 / ↓301

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
VTI7.1% · +1%VEU3.2% · +2%IVV2.5% · +18%AAPL2.2% · +3%VUG1.7% · +538%NVDA1.7% · +11%VTV1.4% · +4%VOO1.3% · +7%SPY1.2% · +2%QQQM1.2% · +4%AMZN1.1% · +2%JBND1.0% · +5%QQQ1.0% · +0%MSFT1.0% · -2%BRK.B0.9% · +2%SPYG0.9% · +5%PYLD0.8% · +14%GOOG0.7% · +1%SPYV0.7% · +6%ICSH0.7% · +1380%VEA0.6% · +4%JPM0.6% · -11%VBR0.6% · +4%AVGO0.6% · +2%IEFA0.6% · -4%META0.5% · +5%IWM0.5% · +6%VO0.5% · +359%BINC0.5% · +10%TSLA0.5% · +5%SMH0.5% · -18%VOE0.4% · +6%AMAT0.4% · +2%CAT0.4% · +0%PLTR0.4% · +1%AMD0.4% · -5%MU0.4% · -10%LLY0.4% · +11%VB0.4% · +6%IUSB0.4% · +7%IJH0.4% · +5%AGG0.4% · +10%XLU0.4% · -5%IEMG0.4% · +4%IBDV0.4% · -4%RSP0.4% · +2%SCHG0.4% · +4%EFAV0.4% · +0%GS0.4% · -12%DELL0.4% · -13%WMT0.4% · +18%VCIT0.4% · +6%PDP0.3% · -2%ITOT0.3% · -7%JNJ0.3% · +0%IBDY0.3% · -44%AVEM0.3% · -5%IBDX0.3% · -27%IBDW0.3% · -26%IBDU0.3% · +10%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 23.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$42.01B
Discretionary
$42.01B
Employees
218
Accounts
87
Address
222 BERKELEY STREET
BOSTON, MA 02116-3748
Phone
(617) 824-1000
Website
Name Title / Status Ownership Type
BLACK, DARREN, MICHAEL ControlBOARD MEMBERGeneral partnerIndividual
CARROLL, JOHN, ROBERT ControlBOARD MEMBERGeneral partnerIndividual
CHUNG, PETER, Y ControlCHIEF EXECUTIVE OFFICER AND LIMITED PARTNER5–10%Individual
CHUNG, PETER, Y ControlBOARD MEMBERGeneral partnerIndividual
COLLINS, SCOTT, CHARLES ControlCHIEF OPERATING OFFICER AND LIMITED PARTNER5–10%Individual
COLLINS, SCOTT, CHARLES ControlBOARD MEMBERGeneral partnerIndividual
DEAN, CHRISTOPHER, JOHN ControlBOARD MEMBERGeneral partnerIndividual
FRANCES, CRAIG, DAVID ControlBOARD MEMBERGeneral partnerIndividual
HENNESSEY, ADAM, HUGH ControlCHIEF FINANCIAL OFFICER & LIMITED PARTNERLess than 5%Individual
MANNION, MARTIN, JOSEPH ControlBOARD MEMBERGeneral partnerIndividual
SUMMIT MASTER COMPANY, LLC ControlGENERAL PARTNERLess than 5%Domestic Entity
WHITE, ERIN, HELEN ControlCHIEF COMPLIANCE OFFICERLess than 5%Individual
BLACK, DARREN, MICHAELLIMITED PARTNER5–10%Individual
CARROLL, JOHN, ROBERTLIMITED PARTNER5–10%Individual
DEAN, CHRISTOPHER, JOHNLIMITED PARTNER5–10%Individual
FRANCES, CRAIG, DAVIDLIMITED PARTNER5–10%Individual

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Summit Financial, LLC Holdings (2026-06-30)

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 VANGUARD INDEX FDS VTI 922908769 $648.5M 7.11% 1,752,517 SH
2 VANGUARD INTL EQUITY INDEX F VEU 922042775 $294.1M 3.22% 3,511,693 SH
3 ISHARES TR IVV 464287200 $225.7M 2.47% 301,387 SH
4 APPLE INC AAPL 037833100 $196.9M 2.16% 680,491 SH
5 VANGUARD INDEX FDS VUG 922908736 $156.2M 1.71% 1,813,507 SH
6 NVIDIA CORPORATION NVDA 67066G104 $152.7M 1.67% 763,018 SH
7 VANGUARD INDEX FDS VTV 922908744 $125.8M 1.38% 577,286 SH
8 VANGUARD INDEX FDS VOO 922908363 $118.8M 1.30% 172,958 SH
9 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $113.2M 1.24% 151,265 SH
10 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $108.0M 1.18% 356,488 SH
11 AMAZON COM INC AMZN 023135106 $98.9M 1.08% 415,028 SH
12 J P MORGAN EXCHANGE TRADED F JBND 46654Q716 $93.8M 1.03% 1,753,766 SH
13 INVESCO QQQ TR QQQ 46090E103 $90.7M 0.99% 122,994 SH
14 MICROSOFT CORP MSFT 594918104 $86.8M 0.95% 232,689 SH
15 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $85.4M 0.94% 170,686 SH
16 SPDR SERIES TRUST SPYG 78464A409 $82.5M 0.90% 693,192 SH
17 PIMCO ETF TR PYLD 72201R585 $75.5M 0.83% 2,847,673 SH
18 ALPHABET INC GOOG 02079K107 $66.1M 0.72% 187,108 SH
19 SPDR SERIES TRUST SPYV 78464A508 $62.3M 0.68% 1,024,625 SH
20 ISHARES TR ICSH 46434V878 $60.8M 0.67% 1,203,043 SH
21 VANGUARD TAX-MANAGED FDS VEA 921943858 $57.2M 0.63% 803,015 SH
22 JPMORGAN CHASE & CO JPM 46625H100 $57.1M 0.63% 174,535 SH
23 VANGUARD INDEX FDS VBR 922908611 $54.3M 0.60% 223,617 SH
24 BROADCOM INC AVGO 11135F101 $54.3M 0.60% 143,665 SH
25 ISHARES TR IEFA 46432F842 $52.5M 0.58% 543,437 SH
26 META PLATFORMS INC META 30303M102 $47.5M 0.52% 84,356 SH
27 ISHARES TR IWM 464287655 $47.3M 0.52% 157,452 SH
28 VANGUARD INDEX FDS VO 922908629 $47.3M 0.52% 586,924 SH
29 BLACKROCK ETF TRUST II BINC 092528603 $44.6M 0.49% 852,313 SH
30 TESLA INC TSLA 88160R101 $44.0M 0.48% 104,547 SH
31 VANECK ETF TRUST SMH 92189F676 $43.4M 0.48% 66,155 SH
32 VANGUARD INDEX FDS VOE 922908512 $40.8M 0.45% 206,724 SH
33 APPLIED MATLS INC AMAT 038222105 $40.0M 0.44% 55,314 SH
34 CATERPILLAR INC CAT 149123101 $39.4M 0.43% 37,003 SH
35 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $38.8M 0.42% 332,171 SH
36 ADVANCED MICRO DEVICES INC AMD 007903107 $38.7M 0.42% 66,586 SH
37 MICRON TECHNOLOGY INC MU 595112103 $38.2M 0.42% 33,134 SH
38 ELI LILLY & CO LLY 532457108 $37.8M 0.41% 31,495 SH
39 VANGUARD INDEX FDS VB 922908751 $35.4M 0.39% 116,926 SH
40 ISHARES TR IUSB 46434V613 $35.4M 0.39% 766,169 SH
41 ISHARES TR IJH 464287507 $35.2M 0.39% 457,005 SH
42 ISHARES TR AGG 464287226 $34.9M 0.38% 352,172 SH
43 SELECT SECTOR SPDR TR XLU 81369Y886 $34.8M 0.38% 766,801 SH
44 ISHARES INC IEMG 46434G103 $34.5M 0.38% 416,200 SH
45 ISHARES TR IBDV 46436E726 $33.6M 0.37% 1,540,468 SH
46 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $33.1M 0.36% 155,636 SH
47 SCHWAB STRATEGIC TR SCHG 808524300 $33.1M 0.36% 977,847 SH
48 ISHARES TR EFAV 46429B689 $33.0M 0.36% 376,075 SH
49 GOLDMAN SACHS GROUP INC GS 38141G104 $32.9M 0.36% 32,547 SH
50 DELL TECHNOLOGIES INC DELL 24703L202 $32.4M 0.36% 75,206 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $9.12B 1,580 0001172661-26-003336
2026-03-31 2026-05-15 $7.85B 1,397 0001172661-26-002343
2025-12-31 2026-02-13 $6.81B 1,283 0001172661-26-000703
2025-09-30 2025-11-14 $6.55B 1,238 0001172661-25-004930
Filer Information
Address
4 CAMPUS DRIVE
PARSIPPANY, NJ 07054
Phone
(973) 285-3600
Filing Manager
Summit Financial, LLC
PARSIPPANY, NJ
Signatory
Anthony McElynn
CCO