Latest Summit Financial, LLC Stock Portfolio

Summit Financial, LLC Performance:

2024 Q3: 2.15%YTD: 5.82%2023: 9.24%

Performance for 2024 Q3 is 2.15%, and YTD is 5.82%, and 2023 is 9.24%.

About Summit Financial, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Summit Financial, LLC reported an equity portfolio of $2.6 Billions as of 30 Sep, 2024.

The top stock holdings of Summit Financial, LLC are VB, VEU, VB. The fund has invested 16.2% of it's portfolio in VANGUARD TSM IDX;ETF and 8% of portfolio in VANGUARD FTSE XUS;ETF.

The fund managers got completely rid off ISHARES:SH TRS BD ETF (AAXJ), SPDR BBG 1-3 MO T-BILL (BIL) and DEUTSCHE BOERSE AG (DBA) stocks. They significantly reduced their stock positions in SUPER MICRO COMPUTER, INC. (SMCI), ISHARES:US HOME CONS ETF (AAXJ) and DEVON ENERGY CORPORATION (DVN). Summit Financial, LLC opened new stock positions in SCHWAB STR:IT US TR ETF (FNDA), SUNOCO UNT (SUN) and VANGUARD EXT MI;ETF (VB). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STR:US LG CAP ETF (FNDA), COMMERCE BANCSHARES, INC. (CBSH) and THE WILLIAMS COMPANIES, INC. (WMB).

Summit Financial, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Summit Financial, LLC made a return of 2.15% in the last quarter. In trailing 12 months, it's portfolio return was 10.45%.

New Buys

Ticker	$ Bought
schwab str:it us tr etf	7,701,770
sunoco unt	3,823,950
vanguard ext mi;etf	3,066,340
fidelity msci info tech	2,412,830
pimco etf:1-5 yr us tips	1,132,570
ft iv:low dur opptys	1,101,600
ishares:msci usa qf	1,055,900
dover corporation	1,044,020

New stocks bought by Summit Financial, LLC

Additions

Ticker	% Inc.
schwab str:us lg cap etf	1,268
commerce bancshares, inc.	1,211
the williams companies, inc.	638
general motors company	579
western gas equity partners com unt	511
constellation energy corporation.	428
schwab str:us tips	395
cintas corporation	376

Additions to existing portfolio by Summit Financial, LLC

Reductions

Ticker	% Reduced
ishares:us home cons etf	-77.72
devon energy corporation	-66.83
ishares:floating rt bond	-55.08
spdr bbg st hi yld bd	-42.31
ishares:core 1-5y usd bd	-36.67
hexcel corporation	-29.7
vaneck:intermediate muni	-27.59
vanguard st trs;etf	-26.54

Summit Financial, LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by Summit Financial, LLC

Sector Distribution

Summit Financial, LLC has about 64.4% of it's holdings in Others sector.

Sector	%
Others	64.4
Technology	9.1
Consumer Cyclical	6.8
Healthcare	3.6
Financial Services	3.6
Industrials	3.2
Consumer Defensive	2.6
Communication Services	2.6
Energy	1.9

Market Cap. Distribution

Summit Financial, LLC has about 34.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	64.5
MEGA-CAP	17.7
LARGE-CAP	16.9

Stocks belong to which Index?

About 33.3% of the stocks held by Summit Financial, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	66.3
S&P 500	33.3

Top 5 Winners (%)		%
VFC	v.f. corporation	33.5 %
MMM	3m company	32.7 %
CEG	constellation energy corporation.	32.7 %
IRM	iron mountain incorporated	31.2 %
MPW	medical properties trust, inc.	30.5 %

Top 5 Winners ($)		$
AAPL	apple inc.	4.9 M
META	meta platforms, inc.	3.7 M
SPY	spdr s&p 500	2.4 M
WMT	walmart inc.	2.2 M
CAT	caterpillar inc.	2.1 M

Top 5 Losers (%)		%
DECK	deckers outdoor corporation	-82.2 %
CTAS	cintas corporation	-72.3 %
LRCX	lam research corporation	-66.2 %
WOLF	wolfspeed, inc.	-48.8 %
SMCI	super micro computer, inc.	-28.9 %

Top 5 Losers ($)		$
CMG	chipotle mexican grill, inc.	-5.7 M
FANG	diamondback energy, inc.	-1.8 M
MSFT	microsoft corporation	-1.6 M
AMZN	amazon.com, inc.	-1.5 M
LRCX	lam research corporation	-1.3 M

Summit Financial, LLC Holdings Map

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

Current Stock Holdings of Summit Financial, LLC

Summit Financial, LLC has 539 stocks in it's portfolio. About 42.4% of the portfolio is in top 10 stocks. CMG proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Summit Financial, LLC last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies, inc.	0.01	1,639	243,364	new

AAPL	apple inc.	2.33	255,400	59,508,300	added	25.69

AAXJ	ishares:natl muni bond	0.51	118,819	12,907,300	added	28.77

AAXJ	ishares:1-5 ig corp bd	0.41	198,769	10,467,200	added	32.89

AAXJ	ishares:pref and inc sec	0.14	104,229	3,463,520	added	164

AAXJ	ishares:jpm usd em bd	0.06	15,946	1,492,230	added	10.69

AAXJ	ishares:brd usd ig cp bd	0.06	28,056	1,475,180	reduced	-12.01

AAXJ	ishares:iboxx $hy corp	0.05	16,527	1,327,120	reduced	-7.16

AAXJ	ishares:st nat muni bond	0.04	8,965	951,973	reduced	-5.78

AAXJ	ishares:msci eafe sm-cp	0.03	11,171	756,274	added	26.4

AAXJ	ishares:mbs etf	0.03	7,417	710,592	added	2.49

AAXJ	ishares:us med dev etf	0.02	9,076	537,481	added	11.33

AAXJ	ishares:msci eafe gro	0.02	4,439	477,858	reduced	-0.11

AAXJ	ishares:itl sel div	0.02	15,706	474,792	reduced	-3.38

AAXJ	ishares:us home cons etf	0.01	2,871	364,905	reduced	-77.72

AAXJ	ishares:us aer&def etf	0.01	2,229	333,608	added	2.34

AAXJ	ishares:us bd & se etf	0.01	2,383	306,358	unchanged	0.00

ABBV	abbvie inc.	0.31	40,081	7,915,280	added	4.08

ABC	amerisourcebergen corp	0.01	1,049	236,189	new

ABT	abbott laboratories	0.22	49,953	5,695,170	added	7.04