Summit Asset Management, LLC

Q1 2014 13F-HR Holdings

Location
Memphis, TN
Holdings as of
3/31/2014
Date filed
5/6/2014
Form type
13F-HR
Num holdings
84
Total value ($000)
$124,918
Net value change ($000)
-1,646 (-1.3%)
New positions
3
Sold out positions
8
Turnover %
8.8%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/5/2014 Next filing: 8/7/2014 SEC filing

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
Guggenheim BulletShares 2017 HY C Bd ETF 4,601 NEW
CLAYMORE EXCHANGE TRD FD TR 646 16.0%
CLAYMORE EXCHANGE TRD FD TR 428 10.0%
SCHWAB STRATEGIC TRUST 374 4.8%
*BANCORPSOUTH INC 329 NEW
FHN 262 22.1%
AZO 258 29.8%
BRK-B 239 8.0%
GOVERNMENT PPTYS INCOME TR 202 NEW
VNQ 133 22.1%
Top Reduces (Value $000, Stocks/ETFs)
Claymore Guggenheim BulletShares High Yld ETF -4,313 -100.0%
MINT -2,762 -66.9%
XOM -286 -10.6%
SCHE -286 -100.0%
LUMN -260 -100.0%
COF -256 -100.0%
RNST -207 -100.0%
MCD -204 -100.0%
JPM -202 -100.0%
NLY -112 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type