Summit Asset Management, LLC

Q3 2025 13F-HR Holdings

Location
Memphis, TN
Holdings as of
9/30/2025
Date filed
11/6/2025
Form type
13F-HR
Num holdings
170
Total value ($000)
$650,365
Net value change ($000)
+36,538 (6.0%)
New positions
8
Sold out positions
9
Turnover %
0.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/7/2025 Next filing: 2/9/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
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)
SCHG 4,182 10.4%
SCHV 2,845 9.6%
MOAT 2,222 6.3%
SCHWAB STRATEGIC TRUST 2,045 5.9%
AAPL 1,999 21.7%
IVV 1,862 9.7%
SCHM 1,832 5.2%
SCHD 1,720 3.3%
IJR 1,710 9.0%
NVDA 1,703 17.9%
Top Reduces (Value $000, Stocks/ETFs)
SPY -554 -28.5%
SCHY -332 -1.8%
SCHO -259 -100.0%
VTEB -253 -100.0%
PSA -252 -100.0%
COST -228 -18.5%
KMX -221 -100.0%
ETN -220 -100.0%
CI -217 -100.0%
D -211 -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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type