Summit Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Summit Asset Management, LLC reported 172 stock positions worth $718.8 million. Its top holding was Schwab US DVD Equity ETF (SCHD) at 8.8% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 5.9%) and Schwab Intl Equity ETF (SCHF, 5.6%). Compared with Q4 2025, it opened 8 new positions, sold out of 7, added to 68 and reduced 43. The biggest buy was Schwab US DVD Equity ETF (SCHD, shares +1%) and the biggest sale SS Doubleline TR Tact ETF (TOTL, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001509974
- Portfolio Value
- $718.8M (Q1 2026)
- SEC Filing
- 0001398344-26-008718 ↗ filed May 8, 2026
Holdings Value
Holdings 172 stocks · $718.8M
| SCHD Schwab US DVD Equity ETF | 8.79% | 2,060,404 | $63.2M | Add +1.2% |
| SCHG Schwab US Large-Cap Growth | 5.85% | 1,443,974 | $42.1M | Add +3.2% |
| SCHF Schwab Intl Equity ETF | 5.57% | 1,618,896 | $40.1M | Add +1.7% |
| SCHM Schwab US Mid Cap ETF | 5.46% | 1,268,811 | $39.3M | Add +0.7% |
| SCHV Schwab US Large-Cap Value | 5.23% | 1,232,457 | $37.6M | Add +4.8% |
| MOAT Vaneck Morningstar Wide Moat | 5.21% | 386,988 | $37.4M | Add +1.3% |
| VCIT Vanguard Int-Term Corporate | 4.53% | 393,087 | $32.5M | Add +2.7% |
| AGG iShares Core U.S. Aggregate | 4.31% | 311,757 | $30.9M | Add +8.9% |
| IJR iShares Core S&P Small-Cap E | 3.06% | 176,664 | $22.0M | Add +1.4% |
| IVV iShares Core S&P 500 ETF | 2.90% | 31,893 | $20.8M | Add +0.0% |
| SCHY Schwab International DVD ETF | 2.68% | 608,034 | $19.3M | Add +0.7% |
| IBDT iShares Ibonds Dec 2028 ETF | 2.61% | 739,662 | $18.7M | Add +1.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 2.60% | 772,155 | $18.7M | Add +1.2% |
| IHDG Wisdomtree International Hed | 2.58% | 384,949 | $18.5M | Add +0.4% |
| IBDU iShares Ibonds Dec 2029 Term | 2.52% | 778,230 | $18.1M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.51% | 37,583 | $18.0M | Reduce -0.1% |
| TLH iShares 10-20 Year Treasury | 2.43% | 173,713 | $17.5M | Add +7.6% |
| AAPL Apple Inc. | 1.55% | 43,795 | $11.1M | Add +2.7% |
| NVDA Nvidia Corp. | 1.46% | 60,056 | $10.5M | Add +0.7% |
| IEF iShares 7-10 Year Treasury B | 1.26% | 94,687 | $9.0M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 1.21% | 41,740 | $8.7M | Add +14.1% |
| EFA iShares MSCI Eafe ETF | 1.17% | 86,515 | $8.4M | Add +0.4% |
| MSFT Microsoft Corp. | 1.04% | 20,268 | $7.5M | Add +11.0% |
| AZO AutoZone Inc. | 0.96% | 2,046 | $6.9M | Add +0.7% |
| WMT Walmart Inc. | 0.84% | 48,584 | $6.0M | Add +1.9% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.80% | 135,870 | $5.8M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.79% | 12,270 | $5.7M | Reduce -3.0% |
| IMCG iShares Morningstar Mid-Cap | 0.63% | 57,377 | $4.5M | Reduce -0.7% |
| IDXX Idexx Laboratories Inc. | 0.60% | 7,706 | $4.3M | No change |
| XOM Exxon Mobil Corp. | 0.57% | 24,078 | $4.1M | Reduce -0.8% |
| RTX RTX Corp. | 0.51% | 19,076 | $3.7M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.50% | 5 | $3.6M | No change |
| JPM JPMorgan Chase & Co. | 0.47% | 11,588 | $3.4M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.45% | 13,121 | $3.2M | Reduce -5.0% |
| VFLO Victoryshares Free Cash Flow | 0.44% | 80,851 | $3.2M | Add +5.4% |
| VEA Vanguard Ftse Developed ETF | 0.41% | 46,371 | $3.0M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.40% | 5,025 | $2.9M | Add +1.1% |
| PG The Procter & Gamble Co. | 0.40% | 19,761 | $2.9M | Add +5.5% |
| GOOG Alphabet Inc. Class C | 0.39% | 9,859 | $2.8M | Reduce -1.3% |
| FDX FedEx Corp. | 0.39% | 7,914 | $2.8M | Add +0.6% |
| USIG iShares Broad Usd Investment | 0.38% | 53,281 | $2.7M | Add +43.3% |
| JCI Johnson Controls Internation | 0.37% | 20,500 | $2.7M | Reduce -2.6% |
| HD Home Depot Inc. | 0.37% | 8,025 | $2.6M | Add +3.2% |
| TCHP T Rowe Price Blue Chip Growt | 0.34% | 54,499 | $2.4M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 48,673 | $2.4M | No change |
| EMR Emerson Electric Co. | 0.33% | 17,940 | $2.4M | Reduce -0.1% |
| DE Deere & Co. | 0.32% | 4,103 | $2.3M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 14,126 | $2.3M | Reduce -1.9% |
| HON Honeywell International Inc. | 0.30% | 9,576 | $2.2M | No change |
| ROK Rockwell Automation Inc. | 0.29% | 5,744 | $2.1M | No change |
| VGK Vanguard Ftse Europe ETF | 0.28% | 24,048 | $2.0M | Reduce -5.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 5,522 | $1.8M | Add +18.0% |
| OSEA Harbor Intl Compounders ETF | 0.23% | 57,127 | $1.7M | Add +1.3% |
| TOTL SS Doubleline TR Tact ETF | 0.23% | 41,551 | $1.7M | Reduce -61.8% |
| V Visa Inc. Class A | 0.23% | 5,379 | $1.6M | Add +1.9% |
| KO The Coca-Cola Co. | 0.22% | 20,985 | $1.6M | Reduce -0.3% |
| UNP Union Pacific Corp. | 0.22% | 6,406 | $1.6M | Reduce -2.1% |
| VOOG Vanguard S&P 500 Growth ETF | 0.20% | 3,526 | $1.4M | Add +16.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 2,177 | $1.4M | Add +7.7% |
| DBEU Xtrackers MSCI Europe Hedged | 0.18% | 27,107 | $1.3M | Reduce -3.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 5,347 | $1.3M | No change |
| GOOGL Alphabet Inc. Class A | 0.18% | 4,430 | $1.3M | Add +33.4% |
| LLY Eli Lilly & Co. | 0.18% | 1,384 | $1.3M | Reduce -0.1% |
| NEE Nextera Energy Inc. | 0.18% | 13,702 | $1.3M | Add +0.0% |
| T AT&T Inc. | 0.17% | 42,781 | $1.2M | No change |
| COST Costco Wholesale Corp. | 0.17% | 1,190 | $1.2M | Add +9.1% |
| PGR Progressive Corp. | 0.16% | 5,947 | $1.2M | Add +1.6% |
| SCHW Schwab (charles) Corp. | 0.16% | 11,895 | $1.1M | Reduce -0.1% |
| EXPD Expeditors Intl Wash Inc. | 0.15% | 7,726 | $1.1M | Reduce -3.5% |
| CVX Chevron Corp. | 0.15% | 5,318 | $1.1M | Add +7.2% |
| PEP Pepsico Inc. | 0.15% | 7,059 | $1.1M | Add +1.7% |
| SCHA Schwab US Small-Cap ETF | 0.15% | 37,141 | $1.1M | Reduce -1.5% |
| ABBV Abbvie Inc. | 0.15% | 4,910 | $1.1M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 0.14% | 1,722 | $1.0M | No change |
| DFUS Dimensional US Eq MKT ETF | 0.14% | 14,077 | $998K | Reduce -1.9% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.14% | 7,936 | $988K | Add +5.2% |
| TSCO Tractor Supply Company | 0.13% | 20,500 | $929K | No change |
| SEIX Virtus Seix Senior Loan ETF | 0.13% | 39,829 | $918K | Reduce -4.3% |
| SCHX Schwab US Large-Cap ETF | 0.13% | 35,475 | $910K | No change |
| IVE iShares S&P 500 Value ETF | 0.13% | 4,268 | $901K | Reduce -0.5% |
| IMCB iShares Morningstar Mid-Cap | 0.11% | 9,554 | $797K | No change |
| ILCG iShares Morningstar Growth E | 0.11% | 8,285 | $791K | No change |
| GL Globe Life Inc. | 0.11% | 5,671 | $789K | Add +0.0% |
| MRK Merck & Co. Inc. | 0.11% | 6,441 | $775K | No change |
| FAST Fastenal Co. | 0.10% | 15,399 | $715K | Reduce -1.1% |
| XLG Invesco S&P 500 Top 50 ETF | 0.10% | 13,090 | $714K | No change |
| SO The Southern Co. | 0.10% | 7,240 | $699K | Add +2.3% |
| TCAF T Rowe PRC Cap Appreciation | 0.10% | 19,248 | $685K | Add +3.0% |
| MDY State Street SPDR S&P Midcap | 0.10% | 1,108 | $683K | No change |
| ORLY O'reilly Automotive Inc. | 0.09% | 7,006 | $647K | Reduce -5.8% |
| MA Mastercard Inc. Class A | 0.09% | 1,276 | $638K | No change |
| RY Royal Bank of Canada | 0.09% | 3,872 | $626K | No change |
| XLK SS Technology Select Sector | 0.09% | 4,700 | $625K | Add +161.1% |
| WFC Wells Fargo & Co. | 0.09% | 7,695 | $613K | Reduce -0.8% |
| SCHB Schwab US Broad Market ETF | 0.08% | 23,964 | $601K | Reduce -5.1% |
| PNFP Pinnacle Financial Partners | 0.08% | 6,901 | $594K | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.08% | 3,022 | $593K | Add +32.8% |
| VXUS Vanguard Total Intl Stock | 0.08% | 7,385 | $569K | No change |
| VZ Verizon Communications Inc. | 0.08% | 11,033 | $554K | Reduce -13.0% |
| GD General Dynamics Corp. | 0.08% | 1,606 | $551K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| TOTL SS Doubleline TR Tact ETF | Reduce -61.8% | 0.23% | −0.39 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 2.51% | −0.17 |
| CNH CNH Industrial NV | Reduce -77.3% | 0.04% | −0.11 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.09 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -3.0% | 0.79% | −0.07 |
| IEF iShares 7-10 Year Treasury B | Reduce -2.6% | 1.26% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -0.2% | 0.47% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -1.3% | 0.39% | −0.05 |
| TCHP T Rowe Price Blue Chip Growt | Reduce -0.1% | 0.34% | −0.05 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.05 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.04 |
| OBDC Blue Owl Capital Corp. | Sold out | 0.00% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 0.18% | −0.03 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.03 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.03 |
| ORCL Oracle Corp. | Reduce -1.5% | 0.07% | −0.02 |
| VGK Vanguard Ftse Europe ETF | Reduce -5.3% | 0.28% | −0.02 |
| IMCG iShares Morningstar Mid-Cap | Reduce -0.7% | 0.63% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -0.8% | 0.09% | −0.02 |
| EXPD Expeditors Intl Wash Inc. | Reduce -3.5% | 0.15% | −0.01 |
| MAA Mid-America Apartment Comm | Reduce -3.1% | 0.07% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -0.1% | 0.16% | −0.01 |
| DFUS Dimensional US Eq MKT ETF | Reduce -1.9% | 0.14% | −0.01 |
| BKNG Booking Holdings Inc. | Reduce -1.6% | 0.04% | −0.01 |
| EMR Emerson Electric Co. | Reduce -0.1% | 0.33% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -5.1% | 0.08% | −0.01 |
| SEIX Virtus Seix Senior Loan ETF | Reduce -4.3% | 0.13% | −0.01 |
| DBEU Xtrackers MSCI Europe Hedged | Reduce -3.7% | 0.18% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -5.8% | 0.09% | −0.01 |
| TDVG T Rowe Price Dividend Growth | Reduce -3.7% | 0.07% | −0.00 |
| IVE iShares S&P 500 Value ETF | Reduce -0.5% | 0.13% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -2.1% | 0.06% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.5% | 0.15% | −0.00 |
| DFAS Dimensional US Small Cap ETF | Reduce -3.1% | 0.04% | −0.00 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -0.0% | 0.07% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -3.2% | 0.03% | +0.00 |
| TJX TJX Companies Inc. | Reduce -1.9% | 0.31% | +0.00 |
| UNP Union Pacific Corp. | Reduce -2.1% | 0.22% | +0.00 |
| VZ Verizon Communications Inc. | Reduce -13.0% | 0.08% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.8% | 0.05% | +0.00 |
| PFE Pfizer Inc. | Reduce -1.4% | 0.07% | +0.01 |
| GEV GE Vernova Inc. | Reduce -4.0% | 0.04% | +0.01 |
| FAST Fastenal Co. | Reduce -1.1% | 0.10% | +0.01 |
| PSX Phillips 66 | Reduce -1.2% | 0.05% | +0.01 |
| KO The Coca-Cola Co. | Reduce -0.3% | 0.22% | +0.01 |
| RTX RTX Corp. | Reduce -0.3% | 0.51% | +0.02 |
| JCI Johnson Controls Internation | Reduce -2.6% | 0.37% | +0.02 |
| JNJ Johnson & Johnson | Reduce -5.0% | 0.45% | +0.04 |
| XOM Exxon Mobil Corp. | Reduce -0.8% | 0.57% | +0.15 |
Portfolio Buys Q4 2025 → Q1 2026
| SCHD Schwab US DVD Equity ETF | Add +1.2% | 8.79% | +0.89 |
| VEA Vanguard Ftse Developed ETF | New | 0.41% | +0.41 |
| SCHV Schwab US Large-Cap Value | Add +4.8% | 5.23% | +0.30 |
| AGG iShares Core U.S. Aggregate | Add +8.9% | 4.31% | +0.26 |
| SCHF Schwab Intl Equity ETF | Add +1.7% | 5.57% | +0.16 |
| SCHY Schwab International DVD ETF | Add +0.7% | 2.68% | +0.13 |
| TLH iShares 10-20 Year Treasury | Add +7.6% | 2.43% | +0.11 |
| USIG iShares Broad Usd Investment | Add +43.3% | 0.38% | +0.11 |
| SCHM Schwab US Mid Cap ETF | Add +0.7% | 5.46% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +1.4% | 3.06% | +0.09 |
| WMT Walmart Inc. | Add +1.9% | 0.84% | +0.09 |
| PNFP Pinnacle Financial Partners | New | 0.08% | +0.08 |
| FDX FedEx Corp. | Add +0.6% | 0.39% | +0.07 |
| IBHF iShares Ibond 2026 HY & Inc. | New | 0.05% | +0.05 |
| XLK SS Technology Select Sector | Add +161.1% | 0.09% | +0.05 |
| CVX Chevron Corp. | Add +7.2% | 0.15% | +0.05 |
| COP Conocophillips | New | 0.04% | +0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.04% | +0.04 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| NSC Norfolk Southern Corp. | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +9.1% | 0.17% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +33.4% | 0.18% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +18.0% | 0.25% | +0.02 |
| NEE Nextera Energy Inc. | Add +0.0% | 0.18% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +32.8% | 0.08% | +0.02 |
| PG The Procter & Gamble Co. | Add +5.5% | 0.40% | +0.02 |
| VFLO Victoryshares Free Cash Flow | Add +5.4% | 0.44% | +0.02 |
| AMZN Amazon.com Inc. | Add +14.1% | 1.21% | +0.01 |
| TXN Texas Instruments Inc. | Add +22.6% | 0.05% | +0.01 |
| PEP Pepsico Inc. | Add +1.7% | 0.15% | +0.01 |
| LMT Lockheed Martin Corp. | Add +9.7% | 0.04% | +0.01 |
| SO The Southern Co. | Add +2.3% | 0.10% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Add +16.4% | 0.20% | +0.01 |
| MCD McDonald's Corp. | Add +13.0% | 0.07% | +0.01 |
| DUK Duke Energy Corp. | Add +5.3% | 0.06% | +0.01 |
| VIOG Vanguard S&P SM Cap 600 GRW | Add +5.2% | 0.14% | +0.01 |
| LOW Lowe's Cos Inc. | Add +28.5% | 0.04% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +16.6% | 0.05% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +13.8% | 0.04% | +0.00 |
| ENB Enbridge Inc. | Add +0.9% | 0.04% | +0.00 |
| CSX CSX Corp. | Add +0.2% | 0.04% | +0.00 |
| BND Vanguard Total Bond Market | Add +12.2% | 0.04% | +0.00 |
| ROBO Robo Global Robotics and Aut | Add +6.3% | 0.06% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.7% | 0.20% | +0.00 |
| DFUV Dimensional US Marketwide Va | Add +0.4% | 0.06% | +0.00 |
| GE General Electric | Add +15.0% | 0.04% | +0.00 |
| TMUS T-Mobile US Inc. | Add +3.0% | 0.03% | +0.00 |
| PM Philip Morris International | Add +0.1% | 0.06% | +0.00 |
| FHN First Horizon Corp. | Add +4.0% | 0.06% | −0.00 |
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 |