Summit Financial Group, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 5, 2024), Summit Financial Group, Inc. reported 190 stock positions worth $281.3 million. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.9%) and Invesco S&P 500 Equal Weight (RSP, 3.0%). Compared with Q4 2023, it opened 7 new positions, sold out of 1, added to 33 and reduced 79. The biggest buy was Eli Lilly (LLY, shares +0%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q1 2024
Location
MOOREFIELD, WV
CIK
0000811808
Portfolio Value
$281.3M (Q1 2024)
SEC Filing
0001437749-24-011196 ↗ filed Apr 5, 2024

Holdings 190 stocks · $281.3M
MSFT Microsoft Corp. 4.18% 27,951 $11.8M Reduce -3.0%
SPY SS SPDR S&P 500 ETF Trust-US 3.92% 21,086 $11.0M Add +4.3%
RSP Invesco S&P 500 Equal Weight 3.03% 50,251 $8.5M Reduce -2.6%
LLY Eli Lilly & Co. 2.91% 10,534 $8.2M Add +0.3%
IJR iShares Core S&P Small-Cap E 2.56% 65,079 $7.2M Reduce -3.0%
PG The Procter & Gamble Co. 2.46% 42,590 $6.9M Reduce -1.3%
EFA iShares MSCI Eafe ETF 2.27% 79,868 $6.4M Reduce -3.3%
SMMF Summit Financial Group Inc. 2.12% 219,386 $6.0M Add +4.7%
AGG iShares Core U.S. Aggregate 2.11% 60,717 $5.9M Add +10.7%
JNJ Johnson & Johnson 2.06% 36,635 $5.8M Reduce -0.5%
IJH iShares Core S&P Midcap ETF 2.00% 92,740 $5.6M Reduce -2.9%
XOM Exxon Mobil Corp. 1.99% 48,160 $5.6M Reduce -1.5%
DVY iShares Select Dividend ETF 1.80% 41,101 $5.1M Add +0.7%
QQQ Invesco QQQ Trust Series 1 1.68% 10,628 $4.7M Add +1.0%
CSX CSX Corp. 1.67% 127,024 $4.7M Reduce -9.6%
AAPL Apple Inc. 1.52% 24,984 $4.3M Reduce -0.6%
IWM iShares Russell 2000 ETF 1.51% 20,197 $4.2M Add +16.8%
IVV iShares Core S&P 500 ETF 1.46% 7,788 $4.1M Reduce -4.1%
IWR iShares Russell Mid-Cap ETF 1.28% 42,793 $3.6M Add +1.0%
HDV iShares Core High Dividend E 1.27% 32,455 $3.6M Add +2.5%
PFF iShares Preferred & Income S 1.20% 104,762 $3.4M Add +2.9%
HD Home Depot Inc. 1.13% 8,314 $3.2M Reduce -1.9%
KO The Coca-Cola Co. 1.11% 51,209 $3.1M Add +0.3%
WM Waste Management Inc. 1.11% 14,605 $3.1M Reduce -2.4%
EEM iShares MSCI Emerging Market 1.01% 68,929 $2.8M Reduce -16.3%
JPM JPMorgan Chase & Co. 0.96% 13,531 $2.7M Add +1.1%
IEI iShares 3-7 Year Treasury Bo 0.95% 23,119 $2.7M Reduce -1.7%
VWO Vanguard Ftse Emerging Marke 0.95% 63,698 $2.7M Reduce -1.2%
IWF iShares Russell 1000 Growth 0.93% 7,757 $2.6M Add +5.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.87% 20,055 $2.5M Reduce -0.9%
PAVE Global X US Infrastructure 0.81% 57,280 $2.3M Add +5.8%
IGSB iShares 1-5Y Inv Grade Corp. 0.81% 44,241 $2.3M Add +2.8%
EMR Emerson Electric Co. 0.80% 19,877 $2.3M No change
VEU Vanguard Ftse All-World Ex-U 0.80% 38,165 $2.2M Reduce -1.8%
XLI SS Industrial Select Sector 0.78% 17,458 $2.2M Add +22.9%
SMH Vaneck Semiconductor ETF 0.77% 9,665 $2.2M Add +3.4%
PEP Pepsico Inc. 0.77% 12,418 $2.2M Reduce -2.5%
VEA Vanguard Ftse Developed ETF 0.76% 42,439 $2.1M Reduce -2.3%
FISV Fiserv Inc. 0.75% 13,265 $2.1M Reduce -0.4%
RTX RTX Corp. 0.72% 20,773 $2.0M Reduce -4.7%
IWD iShares Russell 1000 Value E 0.70% 10,925 $2.0M Add +0.8%
NSC Norfolk Southern Corp. 0.67% 7,378 $1.9M Reduce -1.2%
CVX Chevron Corp. 0.66% 11,692 $1.8M Reduce -0.8%
IXN iShares Global Tech ETF 0.65% 24,528 $1.8M No change
ABBV Abbvie Inc. 0.65% 10,067 $1.8M Reduce -0.7%
AMZN Amazon.com Inc. 0.64% 9,915 $1.8M No change
QQEW First TR Nasdaq-100 Sel Eq 0.62% 14,178 $1.8M Reduce -0.4%
XLF SS Financial Select Sector 0.60% 39,985 $1.7M Add +18.9%
IVW iShares S&P 500 Growth ETF 0.60% 19,856 $1.7M Reduce -3.5%
CSCO Cisco Systems Inc. 0.58% 32,861 $1.6M Add +0.6%
EW Edwards Lifesciences Corp. 0.55% 16,333 $1.6M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.54% 19,469 $1.5M Add +0.9%
XLE SS Energy Select Sector 0.54% 15,995 $1.5M Add +3.0%
CIBR First Trust Nasdaq Cybersecu 0.53% 26,477 $1.5M Add +1.1%
GD General Dynamics Corp. 0.53% 5,262 $1.5M No change
SHY iShares 1-3 Year Treasury Bo 0.53% 18,103 $1.5M Reduce -9.1%
INTC Intel Corp. 0.52% 33,393 $1.5M Reduce -0.1%
IWP iShares Russell Mid-Cap Grow 0.52% 12,882 $1.5M No change
IBB iShares Biotechnology ETF 0.50% 10,149 $1.4M Add +9.4%
ICE Intercontinental Exchange Inc. 0.49% 9,978 $1.4M No change
FCBC First Community Bankshares 0.47% 38,442 $1.3M No change
BRK.B Berkshire Hathaway Inc. Class B 0.46% 3,102 $1.3M No change
ADSK Autodesk Inc. 0.46% 5,000 $1.3M No change
BRK.A Berkshire Hathaway Inc. Class A 0.45% 2 $1.3M No change
VRP Invesco Variable Rate Prefer 0.44% 51,765 $1.2M Reduce -0.2%
VZ Verizon Communications Inc. 0.43% 28,826 $1.2M Reduce -1.4%
EMXC iShares MSCI Emr MRK Ex Chna 0.43% 20,999 $1.2M Add +57.7%
COM Direxion Auspice BRD Cmdty 0.42% 41,465 $1.2M Reduce -5.3%
SPHB Invesco S&P 500 High Beta Et 0.41% 13,225 $1.2M Reduce -3.5%
CAT Caterpillar Inc. 0.41% 3,142 $1.2M Reduce -6.3%
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.41% 19,441 $1.1M Reduce -3.5%
FDN First Trust DJ Internet Ind 0.40% 5,418 $1.1M Reduce -0.0%
QLD Proshares Ultra QQQ 0.40% 12,700 $1.1M No change
XLK SS Technology Select Sector 0.39% 5,220 $1.1M Add +36.1%
GOOGL Alphabet Inc. Class A 0.39% 7,176 $1.1M No change
523 TRACT HOLDINGS LLC 0.38% 1 $1.1M No change
IHI iShares U.S. Medical Devices 0.38% 18,310 $1.1M Reduce -2.7%
APD Air Products & Chemicals Inc. 0.38% 4,400 $1.1M No change
LOW Lowe's Cos Inc. 0.38% 4,143 $1.1M Reduce -2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.37% 5,504 $1.1M Reduce -4.0%
AEP American Electric Power 0.37% 12,039 $1.0M Reduce -11.7%
CL Colgate-Palmolive Co. 0.37% 11,456 $1.0M Reduce -4.3%
WFC Wells Fargo & Co. 0.36% 17,635 $1.0M No change
HSY The Hershey Co. 0.36% 5,225 $1.0M Reduce -4.1%
HON Honeywell International Inc. 0.35% 4,792 $984K Reduce -3.7%
SJNK SS SPDR BB St Hi Yield ETF 0.34% 37,758 $952K Reduce -0.0%
TFC Truist Financial Corp. 0.34% 24,264 $946K No change
MRK Merck & Co. Inc. 0.33% 7,044 $929K Reduce -2.9%
PFE Pfizer Inc. 0.31% 31,902 $885K Reduce -1.1%
DUK Duke Energy Corp. 0.31% 9,057 $876K Reduce -0.3%
NVDA Nvidia Corp. 0.29% 903 $816K No change
WMT Walmart Inc. 0.29% 13,509 $813K Reduce -2.5%
RGCO RGC Resources Inc. 0.29% 40,025 $810K No change
IYG iShares U.S. Financial Servi 0.28% 11,928 $791K No change
V Visa Inc. Class A 0.28% 2,786 $778K Reduce -1.8%
PM Philip Morris International 0.28% 8,485 $777K No change
IWB iShares Russell 1000 ETF 0.27% 2,674 $770K No change
OEF iShares S&P 100 ETF 0.27% 3,093 $765K No change
QCOM Qualcomm Inc. 0.26% 4,339 $735K Reduce -0.8%
MCD McDonald's Corp. 0.26% 2,570 $725K No change

Show all 190 holdings

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -0.6% 1.52% −0.33
EEM iShares MSCI Emerging Market Reduce -16.3% 1.01% −0.26
IJR iShares Core S&P Small-Cap E Reduce -3.0% 2.56% −0.22
CSX CSX Corp. Reduce -9.6% 1.67% −0.19
JNJ Johnson & Johnson Reduce -0.5% 2.06% −0.15
GOVT iShares US Treasury Bond ETF Reduce -43.8% 0.14% −0.13
INTC Intel Corp. Reduce -0.1% 0.52% −0.12
EFA iShares MSCI Eafe ETF Reduce -3.3% 2.27% −0.11
IEI iShares 3-7 Year Treasury Bo Reduce -1.7% 0.95% −0.10
SHY iShares 1-3 Year Treasury Bo Reduce -9.1% 0.53% −0.10
ACWX iShares MSCI Acwi Ex US ETF Sold out 0.00% −0.10
RSP Invesco S&P 500 Equal Weight Reduce -2.6% 3.03% −0.09
FLOT iShares Floating Rate Bond E Reduce -47.4% 0.08% −0.09
VWO Vanguard Ftse Emerging Marke Reduce -1.2% 0.95% −0.07
RZV Invesco S&P Smallcap 600 Pur Reduce -12.0% 0.25% −0.06
AEP American Electric Power Reduce -11.7% 0.37% −0.06
PEP Pepsico Inc. Reduce -2.5% 0.77% −0.06
HON Honeywell International Inc. Reduce -3.7% 0.35% −0.05
COM Direxion Auspice BRD Cmdty Reduce -5.3% 0.42% −0.05
XLP SS Consumer Staples Sel Sect Reduce -35.6% 0.07% −0.04
PFE Pfizer Inc. Reduce -1.1% 0.31% −0.04
VEA Vanguard Ftse Developed ETF Reduce -2.3% 0.76% −0.04
VEU Vanguard Ftse All-World Ex-U Reduce -1.8% 0.80% −0.04
ROBO Robo Global Robotics and Aut Reduce -3.5% 0.41% −0.04
IWC iShares Micro-Cap ETF Reduce -25.4% 0.09% −0.03
T AT&T Inc. Reduce -9.6% 0.24% −0.03
IDV iShares International Select Reduce -10.5% 0.16% −0.03
IVV iShares Core S&P 500 ETF Reduce -4.1% 1.46% −0.03
HSY The Hershey Co. Reduce -4.1% 0.36% −0.03
DUK Duke Energy Corp. Reduce -0.3% 0.31% −0.03
WELL Welltower Inc. Reduce -7.2% 0.21% −0.03
SJNK SS SPDR BB St Hi Yield ETF Reduce -0.0% 0.34% −0.02
IJH iShares Core S&P Midcap ETF Reduce -2.9% 2.00% −0.02
SO The Southern Co. Reduce -3.0% 0.25% −0.02
SRLN SS Blackstone Sr Loan ETF Reduce -8.6% 0.12% −0.02
VRP Invesco Variable Rate Prefer Reduce -0.2% 0.44% −0.02
IEF iShares 7-10 Year Treasury B Reduce -12.1% 0.08% −0.02
SPHB Invesco S&P 500 High Beta Et Reduce -3.5% 0.41% −0.02
DD Dupont DE Nemours Inc. Reduce -7.2% 0.11% −0.02
KHC The Kraft Heinz Co. Reduce -8.0% 0.11% −0.02
CVX Chevron Corp. Reduce -0.8% 0.66% −0.02
AMGN Amgen Inc. Reduce -2.7% 0.13% −0.02
XLB SS Materials Select Sector Reduce -18.0% 0.08% −0.02
QQEW First TR Nasdaq-100 Sel Eq Reduce -0.4% 0.62% −0.02
SLB SLB Ltd. Reduce -3.1% 0.24% −0.01
NEE Nextera Energy Inc. Reduce -2.8% 0.24% −0.01
GIS General Mills Inc. Reduce -5.1% 0.20% −0.01
SHEL Shell PLC-ADR Reduce -0.7% 0.16% −0.01
DOW Dow Inc. Reduce -4.9% 0.11% −0.01
IHI iShares U.S. Medical Devices Reduce -2.7% 0.38% −0.01

Portfolio Buys Q4 2023 → Q1 2024
LLY Eli Lilly & Co. Add +0.3% 2.91% +0.57
SPY SS SPDR S&P 500 ETF Trust-US Add +4.3% 3.92% +0.24
IWM iShares Russell 2000 ETF Add +16.8% 1.51% +0.18
XLI SS Industrial Select Sector Add +22.9% 0.78% +0.16
EMXC iShares MSCI Emr MRK Ex Chna Add +57.7% 0.43% +0.15
SMH Vaneck Semiconductor ETF Add +3.4% 0.77% +0.15
PPH Vaneck Pharmaceutical ETF New 0.12% +0.12
XLF SS Financial Select Sector Add +18.9% 0.60% +0.11
XLK SS Technology Select Sector Add +36.1% 0.39% +0.10
IAU iShares Gold Trust New 0.10% +0.10
PAVE Global X US Infrastructure Add +5.8% 0.81% +0.10
JPM JPMorgan Chase & Co. Add +1.1% 0.96% +0.09
NVO Novo-Nordisk A/S-Spons ADR New 0.08% +0.08
CI The Cigna Group New 0.08% +0.08
IWF iShares Russell 1000 Growth Add +5.5% 0.93% +0.08
MASTERCARD INCORPORATED New 0.08% +0.08
MRSH Marsh & McLennan Cos New 0.07% +0.07
FBIN Fortune Brands Innovations I New 0.07% +0.07
AMLP Alerian MLP ETF Add +49.0% 0.13% +0.05
XLE SS Energy Select Sector Add +3.0% 0.54% +0.04
HDV iShares Core High Dividend E Add +2.5% 1.27% +0.03
AGG iShares Core U.S. Aggregate Add +10.7% 2.11% +0.03
QQQ Invesco QQQ Trust Series 1 Add +1.0% 1.68% +0.03
IWR iShares Russell Mid-Cap ETF Add +1.0% 1.28% +0.02
ACN Accenture PLC Class A Add +33.1% 0.10% +0.02
IBB iShares Biotechnology ETF Add +9.4% 0.50% +0.01
IWD iShares Russell 1000 Value E Add +0.8% 0.70% +0.01
VIG Vanguard Dividend Apprec ETF Add +2.5% 0.17% +0.00
XLV SS Health Care Select Sector Add +0.5% 0.26% +0.00
IYR iShares US Real Estate ETF Add +9.3% 0.14% −0.00
CWB SS SPDR BB Conv Sec ETF Add +5.1% 0.10% −0.00
MMM 3M Co. Add +3.4% 0.13% −0.01
CIBR First Trust Nasdaq Cybersecu Add +1.1% 0.53% −0.01
PFF iShares Preferred & Income S Add +2.9% 1.20% −0.02
DVY iShares Select Dividend ETF Add +0.7% 1.80% −0.03
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +0.9% 0.54% −0.03
KO The Coca-Cola Co. Add +0.3% 1.11% −0.04
IGSB iShares 1-5Y Inv Grade Corp. Add +2.8% 0.81% −0.04
CSCO Cisco Systems Inc. Add +0.6% 0.58% −0.05
SMMF Summit Financial Group Inc. Add +4.7% 2.12% −0.34

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2024 190$281.3MMSFT, SPY, RSP, LLY, IJR