Latest Summit Financial Strategies, Inc. Stock Portfolio

Summit Financial Strategies, Inc. Performance:

2024 Q3: 2.78%YTD: 2.35%2023: 8.91%

Performance for 2024 Q3 is 2.78%, and YTD is 2.35%, and 2023 is 8.91%.

About Summit Financial Strategies, Inc. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Summit Financial Strategies, Inc. reported an equity portfolio of $888.3 Millions as of 30 Sep, 2024.

The top stock holdings of Summit Financial Strategies, Inc. are DFAC, FNDA, FBND. The fund has invested 11.5% of it's portfolio in DIMENSIONAL ETF TRUST and 10.4% of portfolio in SCHWAB STRATEGIC TR.

The fund managers got completely rid off ISHARES TR (IJR), ISHARES SILVER TR (SLV) and ISHARES TR (AAXJ) stocks. They significantly reduced their stock positions in VANGUARD WORLD FD (VAW), ISHARES TR (IJR) and WORTHINGTON ENTERPRISES INC (WOR). Summit Financial Strategies, Inc. opened new stock positions in JANUS DETROIT STR TR (JAAA), NETFLIX INC (NFLX) and THERMO FISHER SCIENTIFIC INC (TMO). The fund showed a lot of confidence in some stocks as they added substantially to SPDR SER TR (BIL), META PLATFORMS INC (META) and ISHARES TR (AGT).

Summit Financial Strategies, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Summit Financial Strategies, Inc. made a return of 2.78% in the last quarter. In trailing 12 months, it's portfolio return was 6.9%.

New Buys

Ticker	$ Bought
janus detroit str tr	394,727
netflix inc	392,226
thermo fisher scientific inc	219,592
3m co	212,387
dimensional etf trust	203,580
starbucks corp	201,685
ge aerospace	200,321
iveda solutions inc	16,700

New stocks bought by Summit Financial Strategies, Inc.

Additions

Ticker	% Inc.
spdr ser tr	40.02
meta platforms inc	38.2
ishares tr	31.23
tesla inc	29.27
select sector spdr tr	23.64
fidelity merrimack str tr	22.71
alphabet inc	18.18
dimensional etf trust	15.15

Additions to existing portfolio by Summit Financial Strategies, Inc.

Reductions

Ticker	% Reduced
vanguard world fd	-24.14
ishares tr	-20.59
worthington enterprises inc	-13.83
worthington stl inc	-13.83
lancaster colony corp	-13.75
mcdonalds corp	-12.54
pepsico inc	-11.58
vanguard bd index fds	-11.23

Summit Financial Strategies, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
ishares silver tr	-339,379
intel corp	-228,090
ishares gold tr	-275,221
ishares tr	-329,300
ishares tr	-342,977
iveda solutions inc	-5,080

Summit Financial Strategies, Inc. got rid off the above stocks

Sector Distribution

Summit Financial Strategies, Inc. has about 85.6% of it's holdings in Others sector.

Sector	%
Others	85.6
Consumer Cyclical	6.4
Technology	3.5
Consumer Defensive	1.2

Market Cap. Distribution

Summit Financial Strategies, Inc. has about 13.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	85.6
MEGA-CAP	11.9
LARGE-CAP	1.6

Stocks belong to which Index?

About 13.3% of the stocks held by Summit Financial Strategies, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	85.9
S&P 500	13.3

Top 5 Winners (%)		%
IVDA	iveda solutions inc	255.3 %
UPST	upstart hldgs inc	59.5 %
TSLA	tesla inc	27.5 %
MYO	myomo inc	24.9 %
LMT	lockheed martin corp	24.4 %

Top 5 Winners ($)		$
PKG	packaging corp amer	7.7 M
IJR	ishares tr	3.9 M
IJR	ishares tr	2.2 M
IJR	ishares tr	2.0 M
AAPL	apple inc	1.6 M

Top 5 Losers (%)		%
CDLX	cardlytics inc	-61.0 %
FEAM	5e advanced materials inc	-55.4 %
AGL	agilon health inc	-39.9 %
WYY	widepoint corp	-15.4 %
AMAT	applied matls inc	-14.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-0.4 M
AMAT	applied matls inc	-0.2 M
GOOG	alphabet inc	-0.1 M
WOR	worthington enterprises inc	-0.1 M
CDLX	cardlytics inc	-0.1 M

Summit Financial Strategies, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Summit Financial Strategies, Inc.

Summit Financial Strategies, Inc. has 149 stocks in it's portfolio. About 69.7% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. PKG was the most profitable stock for Summit Financial Strategies, Inc. last quarter.

Last Reported on: 16 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.84	70,251	16,368,600	reduced	-0.77

AAXJ	ishares tr	0.30	47,146	2,712,310	reduced	-6.62

AAXJ	ishares tr	0.03	2,076	248,186	reduced	-9.97

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.11	5,016	990,467	reduced	-1.4

ABT	abbott labs	0.11	8,500	969,117	reduced	-0.78

ACWF	ishares tr	0.05	7,692	482,211	reduced	-4.59

AEMB	american centy etf tr	5.87	806,659	52,110,200	added	3.82

AEMB	american centy etf tr	0.04	5,020	330,467	unchanged	0.00

AEP	american elec pwr co inc	0.06	4,928	505,567	reduced	-1.99

AGL	agilon health inc	0.01	16,569	65,116	unchanged	0.00

AGT	ishares tr	0.04	6,248	323,771	added	31.23

AMAT	applied matls inc	0.12	5,261	1,062,980	reduced	-2.95

AMGN	amgen inc	0.05	1,400	451,094	unchanged	0.00

AMZN	amazon com inc	0.18	8,821	1,643,600	added	13.92

BAC	bank america corp	0.04	8,497	337,141	unchanged	0.00

BBAX	j p morgan exchange traded f	0.47	81,909	4,199,470	added	13.35

BIL	spdr ser tr	0.07	8,790	593,400	added	1.8

BIL	spdr ser tr	0.04	3,824	351,081	added	40.02

BIV	vanguard bd index fds	0.20	21,981	1,729,680	added	5.83