Latest Summit X, LLC Stock Portfolio
Summit X, LLC Performance:
2024 Q3: 0%YTD: 4.37%2023: 11.45%
Performance for 2024 Q3 is 0%, and YTD is 4.37%, and 2023 is 11.45%.
About Summit X, LLC and 13F Hedge Fund Stock Holdings
Summit X, LLC is a hedge fund based in CHESTERFIELD, MO. On 16-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $680.9 Millions. In it's latest 13F Holdings report, Summit X, LLC reported an equity portfolio of $411.2 Millions as of 30 Sep, 2024.
The top stock holdings of Summit X, LLC are IJR, AAPL, BNDW. The fund has invested 8.4% of it's portfolio in ISHARES TR and 5.9% of portfolio in APPLE INC.
The fund managers got completely rid off SANOFI, INTERCONTINENTAL EXCHANGE IN (ICE) and ELECTRONIC ARTS INC (EA) stocks. They significantly reduced their stock positions in BROADCOM INC (AVGO), WELLS FARGO CO NEW (WFC) and MICRON TECHNOLOGY INC (MU). Summit X, LLC opened new stock positions in VANGUARD WORLD FD (EDV), ENERGY TRANSFER L P (ET) and TREVENA INC (TRVN). The fund showed a lot of confidence in some stocks as they added substantially to QUALCOMM INC (QCOM), ROCKWELL AUTOMATION INC (ROK) and SELECT SECTOR SPDR TR (XLB).
The top stock holdings of Summit X, LLC are IJR, AAPL, BNDW. The fund has invested 8.4% of it's portfolio in ISHARES TR and 5.9% of portfolio in APPLE INC.
The fund managers got completely rid off SANOFI, INTERCONTINENTAL EXCHANGE IN (ICE) and ELECTRONIC ARTS INC (EA) stocks. They significantly reduced their stock positions in BROADCOM INC (AVGO), WELLS FARGO CO NEW (WFC) and MICRON TECHNOLOGY INC (MU). Summit X, LLC opened new stock positions in VANGUARD WORLD FD (EDV), ENERGY TRANSFER L P (ET) and TREVENA INC (TRVN). The fund showed a lot of confidence in some stocks as they added substantially to QUALCOMM INC (QCOM), ROCKWELL AUTOMATION INC (ROK) and SELECT SECTOR SPDR TR (XLB).
Summit X, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Summit X, LLC made a return of 0% in the last quarter. In trailing 12 months, it's portfolio return was 10.5%.
New Buys
| Ticker | $ Bought |
|---|---|
| vanguard world fd | 337,776 |
| energy transfer l p | 165,374 |
| trevena inc | 3,576 |
New stocks bought by Summit X, LLC
Additions
| Ticker | % Inc. |
|---|---|
| qualcomm inc | 18.00 |
| rockwell automation inc | 16.86 |
| select sector spdr tr | 16.19 |
| chevron corp new | 12.67 |
| boeing co | 12.22 |
| alphabet inc | 12.07 |
| palo alto networks inc | 9.81 |
| union pac corp | 7.37 |
Additions to existing portfolio by Summit X, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| broadcom inc | -96.17 |
| wells fargo co new | -57.73 |
| micron technology inc | -50.93 |
| schwab strategic tr | -49.14 |
| spdr ser tr | -47.94 |
| comcast corp new | -47.41 |
| cardinal health inc | -44.06 |
| pimco mun income fd | -43.65 |
Summit X, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| lloyds banking group plc | -47,671 |
| sanofi | -355,632 |
| verizon communications inc | -286,088 |
| kraft heinz co | -217,967 |
| spdr ser tr | -219,033 |
| truist finl corp | -208,010 |
| vanguard tax-managed fds | -222,848 |
| cognizant technology solutio | -283,145 |
Summit X, LLC got rid off the above stocks
Sector Distribution
Summit X, LLC has about 63.4% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 63.4 |
| Technology | 13.3 |
| Healthcare | 4.8 |
| Consumer Cyclical | 4.7 |
| Consumer Defensive | 2.9 |
| Industrials | 2.7 |
| Communication Services | 2.7 |
| Financial Services | 2.5 |
| Utilities | 1.8 |
Market Cap. Distribution
Summit X, LLC has about 34.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 63.4 |
| MEGA-CAP | 23.5 |
| LARGE-CAP | 10.7 |
| SMALL-CAP | 1.5 |
Stocks belong to which Index?
About 36.3% of the stocks held by Summit X, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 63.8 |
| S&P 500 | 34.1 |
| RUSSELL 2000 | 2.2 |
Summit X, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Summit X, LLC
Summit X, LLC has 212 stocks in it's portfolio. About 41.7% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. AVGO was the most profitable stock for Summit X, LLC last quarter.
Last Reported on: 07 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 5.86 | 114,375 | 24,094,500 | reduced | -5.04 | ||
| AAXJ | ishares tr | 2.60 | 104,670 | 10,708,100 | reduced | -4.74 | ||
| AAXJ | ishares tr | 1.56 | 69,801 | 6,408,470 | reduced | -3.4 | ||
| AAXJ | ishares tr | 0.99 | 77,019 | 4,084,990 | reduced | -5.62 | ||
| AAXJ | ishares tr | 0.39 | 18,301 | 1,619,370 | reduced | -6.48 | ||
| AAXJ | ishares tr | 0.17 | 6,653 | 683,189 | reduced | -7.92 | ||
| AAXJ | ishares tr | 0.07 | 2,849 | 297,819 | reduced | -4.01 | ||
| ABBV | abbvie inc | 0.74 | 17,836 | 3,058,940 | added | 1.88 | ||
| ACWF | ishares tr | 0.58 | 66,961 | 2,380,820 | reduced | -5.02 | ||
| ACWF | ishares tr | 0.10 | 7,341 | 422,939 | added | 0.07 | ||
| ACWF | ishares tr | 0.08 | 7,882 | 332,640 | reduced | -34.78 | ||
| ACWF | ishares tr | 0.05 | 4,580 | 207,108 | reduced | -8.22 | ||
| ACWV | ishares inc | 0.06 | 4,694 | 268,556 | reduced | -8.12 | ||
| ADBE | adobe inc | 0.10 | 717 | 397,654 | reduced | -3.89 | ||
| AEE | ameren corp | 0.36 | 21,075 | 1,498,490 | reduced | -19.26 | ||
| AEMB | american centy etf tr | 2.38 | 156,079 | 9,808,080 | reduced | -7.85 | ||
| AEMB | american centy etf tr | 1.02 | 46,504 | 4,194,130 | reduced | -21.23 | ||
| AEMB | american centy etf tr | 0.34 | 33,885 | 1,381,830 | reduced | -15.31 | ||
| AEMB | american centy etf tr | 0.32 | 14,578 | 1,308,170 | reduced | -11.00 | ||
| AEMB | american centy etf tr | 0.15 | 10,365 | 633,191 | reduced | -18.97 | ||