Summit Asset Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Summit Asset Management, LLC reported 171 stock positions worth $706.7 million. Its top holding was Schwab US DVD Equity ETF (SCHD) at 7.9% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 6.5%) and Vaneck Morningstar Wide Moat (MOAT, 5.6%). Compared with Q3 2025, it opened 10 new positions, sold out of 9, added to 66 and reduced 48. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +217%) and the biggest sale an exit from iShares Ibonds Dec 2025 Term (IBDQ).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001509974
- Portfolio Value
- $706.7M (Q4 2025)
- SEC Filing
- 0001398344-26-002477 ↗ filed Feb 9, 2026
Holdings Value
Holdings 171 stocks · $706.7M
| SCHD Schwab US DVD Equity ETF | 7.90% | 2,036,541 | $55.9M | Add +2.9% |
| SCHG Schwab US Large-Cap Growth | 6.46% | 1,399,024 | $45.6M | Add +0.7% |
| MOAT Vaneck Morningstar Wide Moat | 5.60% | 382,063 | $39.6M | Add +1.3% |
| SCHF Schwab Intl Equity ETF | 5.42% | 1,591,970 | $38.3M | Add +0.7% |
| SCHM Schwab US Mid Cap ETF | 5.36% | 1,260,594 | $37.9M | Add +1.7% |
| SCHV Schwab US Large-Cap Value | 4.92% | 1,175,473 | $34.8M | Add +5.7% |
| VCIT Vanguard Int-Term Corporate | 4.54% | 382,757 | $32.1M | Add +91.3% |
| AGG iShares Core U.S. Aggregate | 4.05% | 286,241 | $28.6M | Add +217.4% |
| IVV iShares Core S&P 500 ETF | 3.09% | 31,884 | $21.8M | Add +1.2% |
| IJR iShares Core S&P Small-Cap E | 2.96% | 174,220 | $20.9M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.67% | 37,602 | $18.9M | Reduce -0.6% |
| IHDG Wisdomtree International Hed | 2.64% | 383,245 | $18.6M | Add +0.9% |
| IBDT iShares Ibonds Dec 2028 ETF | 2.62% | 728,665 | $18.5M | Add +7467.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 2.62% | 762,818 | $18.5M | Add +6.6% |
| SCHY Schwab International DVD ETF | 2.55% | 603,929 | $18.0M | Reduce -4.9% |
| IBDU iShares Ibonds Dec 2029 Term | 2.55% | 768,679 | $18.0M | New |
| TLH iShares 10-20 Year Treasury | 2.32% | 161,453 | $16.4M | New |
| AAPL Apple Inc. | 1.64% | 42,634 | $11.6M | Reduce -3.1% |
| NVDA Nvidia Corp. | 1.57% | 59,652 | $11.1M | Reduce -0.9% |
| IEF iShares 7-10 Year Treasury B | 1.32% | 97,234 | $9.4M | Reduce -51.9% |
| MSFT Microsoft Corp. | 1.25% | 18,256 | $8.8M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 1.20% | 36,597 | $8.4M | Add +0.8% |
| EFA iShares MSCI Eafe ETF | 1.17% | 86,179 | $8.3M | Add +0.3% |
| AZO AutoZone Inc. | 0.97% | 2,031 | $6.9M | Reduce -2.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.86% | 12,650 | $6.1M | Reduce -0.9% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.80% | 135,870 | $5.6M | No change |
| WMT Walmart Inc. | 0.75% | 47,660 | $5.3M | Add +0.3% |
| IDXX Idexx Laboratories Inc. | 0.74% | 7,706 | $5.2M | Reduce -1.0% |
| IMCG iShares Morningstar Mid-Cap | 0.65% | 57,796 | $4.6M | Reduce -1.7% |
| TOTL SS Doubleline TR Tact ETF | 0.62% | 108,826 | $4.4M | Reduce -35.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.53% | 5 | $3.8M | No change |
| JPM JPMorgan Chase & Co. | 0.53% | 11,607 | $3.7M | Add +0.1% |
| RTX RTX Corp. | 0.50% | 19,139 | $3.5M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 0.44% | 9,984 | $3.1M | Add +0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.43% | 4,969 | $3.1M | Add +0.9% |
| VFLO Victoryshares Free Cash Flow | 0.43% | 76,741 | $3.0M | Add +21.2% |
| XOM Exxon Mobil Corp. | 0.41% | 24,268 | $2.9M | Reduce -3.0% |
| JNJ Johnson & Johnson | 0.40% | 13,807 | $2.9M | Reduce -6.4% |
| TCHP T Rowe Price Blue Chip Growt | 0.38% | 54,524 | $2.7M | Reduce -1.8% |
| PG The Procter & Gamble Co. | 0.38% | 18,730 | $2.7M | Reduce -5.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 48,673 | $2.7M | Add +4.5% |
| HD Home Depot Inc. | 0.38% | 7,778 | $2.7M | Reduce -0.2% |
| JCI Johnson Controls Internation | 0.36% | 21,042 | $2.5M | Reduce -2.1% |
| EMR Emerson Electric Co. | 0.34% | 17,967 | $2.4M | Add +0.1% |
| FDX FedEx Corp. | 0.32% | 7,867 | $2.3M | Reduce -0.2% |
| ROK Rockwell Automation Inc. | 0.32% | 5,744 | $2.2M | Reduce -3.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 14,399 | $2.2M | Add +0.4% |
| VGK Vanguard Ftse Europe ETF | 0.30% | 25,390 | $2.1M | Reduce -8.1% |
| USIG iShares Broad Usd Investment | 0.27% | 37,172 | $1.9M | Reduce -2.0% |
| DE Deere & Co. | 0.27% | 4,103 | $1.9M | No change |
| HON Honeywell International Inc. | 0.26% | 9,576 | $1.9M | Reduce -0.4% |
| V Visa Inc. Class A | 0.26% | 5,281 | $1.9M | Reduce -0.2% |
| OSEA Harbor Intl Compounders ETF | 0.24% | 56,397 | $1.7M | Add +12.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 5,347 | $1.6M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 4,681 | $1.6M | Add +0.6% |
| UNP Union Pacific Corp. | 0.21% | 6,543 | $1.5M | Add +0.0% |
| LLY Eli Lilly & Co. | 0.21% | 1,386 | $1.5M | Add +0.1% |
| KO The Coca-Cola Co. | 0.21% | 21,040 | $1.5M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 2,022 | $1.4M | Reduce -3.0% |
| DBEU Xtrackers MSCI Europe Hedged | 0.19% | 28,147 | $1.4M | Reduce -2.8% |
| VOOG Vanguard S&P 500 Growth ETF | 0.19% | 3,029 | $1.3M | No change |
| PGR Progressive Corp. | 0.19% | 5,853 | $1.3M | No change |
| EXPD Expeditors Intl Wash Inc. | 0.17% | 8,010 | $1.2M | No change |
| SCHW Schwab (charles) Corp. | 0.17% | 11,902 | $1.2M | Reduce -0.8% |
| ABBV Abbvie Inc. | 0.16% | 4,909 | $1.1M | Add +1.1% |
| NEE Nextera Energy Inc. | 0.16% | 13,697 | $1.1M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 0.15% | 1,722 | $1.1M | Add +2.3% |
| SCHA Schwab US Small-Cap ETF | 0.15% | 37,715 | $1.1M | Reduce -5.9% |
| DFUS Dimensional US Eq MKT ETF | 0.15% | 14,345 | $1.1M | No change |
| T AT&T Inc. | 0.15% | 42,781 | $1.1M | Reduce -6.5% |
| GOOGL Alphabet Inc. Class A | 0.15% | 3,322 | $1.0M | Add +10.5% |
| TSCO Tractor Supply Company | 0.15% | 20,500 | $1.0M | No change |
| CNH CNH Industrial NV | 0.14% | 110,000 | $1.0M | No change |
| PEP Pepsico Inc. | 0.14% | 6,942 | $996K | Reduce -2.0% |
| SEIX Virtus Seix Senior Loan ETF | 0.14% | 41,627 | $972K | Add +116.2% |
| SCHX Schwab US Large-Cap ETF | 0.14% | 35,475 | $955K | No change |
| COST Costco Wholesale Corp. | 0.13% | 1,091 | $941K | Add +0.3% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.13% | 7,546 | $915K | No change |
| IVE iShares S&P 500 Value ETF | 0.13% | 4,291 | $910K | Reduce -3.0% |
| ILCG iShares Morningstar Growth E | 0.12% | 8,285 | $862K | No change |
| GL Globe Life Inc. | 0.11% | 5,669 | $793K | Reduce -0.6% |
| IMCB iShares Morningstar Mid-Cap | 0.11% | 9,554 | $790K | Reduce -3.0% |
| XLG Invesco S&P 500 Top 50 ETF | 0.11% | 13,090 | $776K | No change |
| CVX Chevron Corp. | 0.11% | 4,963 | $756K | Add +3.3% |
| MA Mastercard Inc. Class A | 0.10% | 1,276 | $728K | Reduce -0.9% |
| WFC Wells Fargo & Co. | 0.10% | 7,755 | $723K | Add +0.8% |
| TCAF T Rowe PRC Cap Appreciation | 0.10% | 18,694 | $714K | Add +49.5% |
| ORLY O'reilly Automotive Inc. | 0.10% | 7,440 | $679K | No change |
| MRK Merck & Co. Inc. | 0.10% | 6,441 | $678K | Add +1.1% |
| MDY State Street SPDR S&P Midcap | 0.09% | 1,108 | $668K | No change |
| SCHB Schwab US Broad Market ETF | 0.09% | 25,241 | $662K | Add +0.0% |
| RY Royal Bank of Canada | 0.09% | 3,872 | $660K | No change |
| PNFP Pinnacle Financial Partners | 0.09% | 6,900 | $658K | No change |
| ORCL Oracle Corp. | 0.09% | 3,328 | $649K | Add +0.3% |
| MAA Mid-America Apartment Comm | 0.09% | 4,537 | $630K | Add +0.1% |
| FAST Fastenal Co. | 0.09% | 15,563 | $625K | No change |
| SO The Southern Co. | 0.09% | 7,076 | $617K | Add +0.9% |
| VXUS Vanguard Total Intl Stock | 0.08% | 7,385 | $557K | No change |
| META Meta Platforms Inc. Class A | 0.08% | 840 | $554K | Add +13.4% |
| GD General Dynamics Corp. | 0.08% | 1,606 | $541K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −2.60 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -97.1% | 0.07% | −2.60 |
| IEF iShares 7-10 Year Treasury B | Reduce -51.9% | 1.32% | −1.68 |
| TOTL SS Doubleline TR Tact ETF | Reduce -35.6% | 0.62% | −0.43 |
| AZO AutoZone Inc. | Reduce -2.9% | 0.97% | −0.40 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 2.67% | −0.25 |
| MSFT Microsoft Corp. | Reduce -1.1% | 1.25% | −0.22 |
| SCHY Schwab International DVD ETF | Reduce -4.9% | 2.55% | −0.18 |
| FPI Farmland Partners Inc. | Sold out | 0.00% | −0.16 |
| NVDA Nvidia Corp. | Reduce -0.9% | 1.57% | −0.15 |
| HD Home Depot Inc. | Reduce -0.2% | 0.38% | −0.11 |
| IMCG iShares Morningstar Mid-Cap | Reduce -1.7% | 0.65% | −0.09 |
| NREF Nexpoint Real Estate Finance | Sold out | 0.00% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -5.1% | 0.38% | −0.09 |
| AAPL Apple Inc. | Reduce -3.1% | 1.64% | −0.08 |
| IJH iShares Core S&P Midcap ETF | Reduce -58.8% | 0.04% | −0.07 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.9% | 0.86% | −0.05 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.05 |
| T AT&T Inc. | Reduce -6.5% | 0.15% | −0.05 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.26% | −0.05 |
| IVW iShares S&P 500 Growth ETF | Reduce -45.1% | 0.04% | −0.04 |
| VFH Vanguard Financials ETF | Sold out | 0.00% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.04 |
| VGK Vanguard Ftse Europe ETF | Reduce -8.1% | 0.30% | −0.04 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| CACC Credit Acceptance Corp. | Sold out | 0.00% | −0.03 |
| TCHP T Rowe Price Blue Chip Growt | Reduce -1.8% | 0.38% | −0.03 |
| USIG iShares Broad Usd Investment | Reduce -2.0% | 0.27% | −0.03 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.03 |
| IDXX Idexx Laboratories Inc. | Reduce -1.0% | 0.74% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -14.1% | 0.07% | −0.03 |
| PFE Pfizer Inc. | Reduce -18.8% | 0.07% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -3.0% | 0.41% | −0.02 |
| SCHA Schwab US Small-Cap ETF | Reduce -5.9% | 0.15% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.0% | 0.20% | −0.02 |
| JNJ Johnson & Johnson | Reduce -6.4% | 0.40% | −0.02 |
| V Visa Inc. Class A | Reduce -0.2% | 0.26% | −0.02 |
| IMCB iShares Morningstar Mid-Cap | Reduce -3.0% | 0.11% | −0.01 |
| DBEU Xtrackers MSCI Europe Hedged | Reduce -2.8% | 0.19% | −0.01 |
| GL Globe Life Inc. | Reduce -0.6% | 0.11% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.0% | 0.14% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -3.0% | 0.13% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -0.9% | 0.10% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -9.8% | 0.04% | −0.01 |
| EPD Enterprise Products Partners | Reduce -5.5% | 0.07% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -0.8% | 0.17% | −0.01 |
| KO The Coca-Cola Co. | Reduce -0.4% | 0.21% | −0.01 |
| JCI Johnson Controls Internation | Reduce -2.1% | 0.36% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.4% | 0.06% | −0.01 |
| FHN First Horizon Corp. | Reduce -6.2% | 0.06% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| AGG iShares Core U.S. Aggregate | Add +217.4% | 4.05% | +2.66 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +7467.4% | 2.62% | +2.59 |
| IBDU iShares Ibonds Dec 2029 Term | New | 2.55% | +2.55 |
| TLH iShares 10-20 Year Treasury | New | 2.32% | +2.32 |
| VCIT Vanguard Int-Term Corporate | Add +91.3% | 4.54% | +1.95 |
| AKRE Akre Focus ETF | New | 0.08% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 0.44% | +0.07 |
| SEIX Virtus Seix Senior Loan ETF | Add +116.2% | 0.14% | +0.07 |
| VFLO Victoryshares Free Cash Flow | Add +21.2% | 0.43% | +0.06 |
| FINS Angel Oak Financ Strat Inc. | New | 0.05% | +0.05 |
| LLY Eli Lilly & Co. | Add +0.1% | 0.21% | +0.05 |
| MGMT Ballast Small/Mid Cap ETF | New | 0.05% | +0.05 |
| TDVG T Rowe Price Dividend Growth | Add +122.3% | 0.07% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.04% | +0.04 |
| XLK SS Technology Select Sector | New | 0.04% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +10.5% | 0.15% | +0.03 |
| BXMT Blackstone Mortgage Tru Class A | New | 0.03% | +0.03 |
| SLV iShares Silver Trust | New | 0.03% | +0.03 |
| LMT Lockheed Martin Corp. | New | 0.03% | +0.03 |
| TCAF T Rowe PRC Cap Appreciation | Add +49.5% | 0.10% | +0.03 |
| OSEA Harbor Intl Compounders ETF | Add +12.7% | 0.24% | +0.01 |
| MRK Merck & Co. Inc. | Add +1.1% | 0.10% | +0.01 |
| CRM Salesforce Inc. | Add +36.5% | 0.05% | +0.01 |
| BAC Bank of America Corp. | Add +4.5% | 0.38% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +0.3% | 0.05% | +0.00 |
| COWZ Pacer US Cash Cows 100 ETF | Add +9.5% | 0.07% | +0.00 |
| WFC Wells Fargo & Co. | Add +0.8% | 0.10% | +0.00 |
| VHT Vanguard Health Care ETF | Add +2.4% | 0.05% | +0.00 |
| ROBO Robo Global Robotics and Aut | Add +4.2% | 0.06% | +0.00 |
| GEV GE Vernova Inc. | Add +2.7% | 0.03% | +0.00 |
| LOW Lowe's Cos Inc. | Add +12.0% | 0.03% | −0.00 |
| TFC Truist Financial Corp. | Add +0.2% | 0.06% | −0.00 |
| WMT Walmart Inc. | Add +0.3% | 0.75% | −0.00 |
| DVY iShares Select Dividend ETF | Add +3.3% | 0.03% | −0.00 |
| GE General Electric | Add +1.1% | 0.04% | −0.00 |
| AB Alliancebernstein Holding LP | Add +1.1% | 0.03% | −0.00 |
| CSX CSX Corp. | Add +0.2% | 0.04% | −0.00 |
| MCD McDonald's Corp. | Add +4.6% | 0.07% | −0.00 |
| DFUV Dimensional US Marketwide Va | Add +0.3% | 0.06% | −0.00 |
| DIS The Walt Disney Co. | Add +0.9% | 0.03% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +1.7% | 0.05% | −0.00 |
| STXS Stereotaxis Inc. | Add +7.1% | 0.01% | −0.00 |
| NEE Nextera Energy Inc. | Add +0.0% | 0.16% | −0.00 |
| WM Waste Management Inc. | Add +0.8% | 0.04% | −0.00 |
| ENB Enbridge Inc. | Add +3.8% | 0.04% | −0.00 |
| PSX Phillips 66 | Add +1.3% | 0.03% | −0.00 |
| META Meta Platforms Inc. Class A | Add +13.4% | 0.08% | −0.01 |
| PM Philip Morris International | Add +0.1% | 0.05% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.3% | 0.15% | −0.01 |
| TJX TJX Companies Inc. | Add +0.4% | 0.31% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 183 | $780.4M | SCHD, SCHG, SCHM, SCHF, SCHV |
| Q1 2026 | 172 | $718.8M | SCHD, SCHG, SCHF, SCHM, SCHV |
| Q4 2025 | 171 | $706.7M | SCHD, SCHG, MOAT, SCHF, SCHM |
| Q3 2025 | 170 | $650.4M | SCHD, SCHG, MOAT, SCHF, SCHM |
| Q2 2025 | 171 | $613.8M | SCHD, SCHG, MOAT, SCHM, SCHF |
| Q1 2025 | 166 | $577.7M | SCHD, SCHG, MOAT, SCHM, SCHF |
| Q4 2024 | 161 | $569.2M | SCHD, SCHG, SCHM, MOAT, SCHF |
| Q3 2024 | 166 | $874.6M | BRK.A, SCHD, SCHG, MOAT, SCHF |
| Q2 2024 | 156 | $846.8M | BRK.A, SCHD, SCHG, SCHM, SCHF |
| Q1 2024 | 158 | $843.0M | BRK.A, SCHD, SCHM, SCHG, SCHF |