Summit Financial, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Summit Financial, LLC reported 485 stock positions worth $2.2 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 18.8% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 8.8%) and Vanguard Mrngstar GR ETF-Sui (VUG, 4.1%). Compared with Q1 2024, it opened 120 new positions, sold out of 14, added to 316 and reduced 38. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +491%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- PARSIPPANY, NJ
- CIK
- 0001765536
- Portfolio Value
- $2.2B (Q2 2024)
- SEC Filing
- 0001765536-24-000002 ↗ filed Jul 31, 2024
Holdings Value
Holdings 485 stocks · $2.2B
| VTI VG Morningstar TS MKT ETF-US | 18.78% | 1,530,667 | $410.9M | Reduce -3.5% |
| VEU Vanguard Ftse All-World Ex-U | 8.82% | 3,290,670 | $193.0M | Reduce -1.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.09% | 238,781 | $89.4M | Add +34.1% |
| CMG Chipotle Mexican Grill Inc. | 3.31% | 1,154,736 | $72.3M | Reduce -20.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.88% | 389,593 | $62.9M | Add +47.7% |
| MSFT Microsoft Corp. | 2.11% | 103,509 | $46.3M | Add +62.5% |
| AAPL Apple Inc. | 1.96% | 203,192 | $42.8M | Add +30.3% |
| AMZN Amazon.com Inc. | 1.90% | 214,957 | $41.5M | Add +30.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.89% | 75,573 | $41.3M | Add +6.4% |
| NVDA Nvidia Corp. | 1.70% | 300,549 | $37.1M | Add +24.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.62% | 193,022 | $35.4M | Add +0.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.35% | 195,074 | $29.5M | Reduce -2.7% |
| VOO Vanguard S&P 500 ETF | 1.14% | 49,706 | $24.9M | Add +23.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.10% | 331,044 | $24.0M | Add +491.1% |
| IVV iShares Core S&P 500 ETF | 1.06% | 42,542 | $23.3M | Add +2.4% |
| VEA Vanguard Ftse Developed ETF | 0.96% | 423,051 | $20.9M | Add +72.7% |
| COST Costco Wholesale Corp. | 0.90% | 23,065 | $19.6M | Add +45.7% |
| META Meta Platforms Inc. Class A | 0.86% | 37,288 | $18.8M | Add +42.6% |
| WPM Wheaton Precious Metals Corp. | 0.74% | 307,938 | $16.1M | Add +39.3% |
| JPM JPMorgan Chase & Co. | 0.68% | 73,949 | $15.0M | Add +89.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.68% | 30,855 | $14.8M | Add +15.1% |
| IWM iShares Russell 2000 ETF | 0.67% | 72,288 | $14.7M | Add +486.4% |
| AVGO Broadcom Inc. | 0.60% | 8,164 | $13.1M | Add +23.0% |
| TLT iShares 20+ Year Treasury BD | 0.58% | 139,439 | $12.8M | Add +36.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.57% | 57,156 | $12.5M | Add +7.9% |
| UNH Unitedhealth Group Inc. | 0.57% | 24,544 | $12.5M | Add +38.6% |
| AGG iShares Core U.S. Aggregate | 0.57% | 128,202 | $12.4M | Add +248.8% |
| IWF iShares Russell 1000 Growth | 0.53% | 31,727 | $11.6M | Add +78.4% |
| CAT Caterpillar Inc. | 0.52% | 34,456 | $11.5M | Add +210.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.52% | 46,791 | $11.4M | Add +11.6% |
| FANG Diamondback Energy Inc. | 0.52% | 56,709 | $11.4M | Add +17.0% |
| IEMG iShares Core MSCI Emerging | 0.51% | 207,418 | $11.1M | Add +907.2% |
| WMT Walmart Inc. | 0.48% | 156,271 | $10.6M | Add +36.0% |
| VWO Vanguard Ftse Emerging Marke | 0.48% | 241,764 | $10.6M | Add +48.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 25,303 | $10.3M | Add +39.0% |
| MUB iShares National Muni Bond E | 0.45% | 92,269 | $9.8M | Add +180.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.42% | 114,260 | $9.2M | Add +20.6% |
| XOM Exxon Mobil Corp. | 0.42% | 79,342 | $9.1M | Add +72.2% |
| IEF iShares 7-10 Year Treasury B | 0.40% | 93,720 | $8.8M | Add +168.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.40% | 192,540 | $8.7M | Add +4.9% |
| V Visa Inc. Class A | 0.40% | 33,145 | $8.7M | Add +51.8% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.39% | 244,373 | $8.6M | No change |
| REGN Regeneron Pharmaceuticals | 0.39% | 8,174 | $8.6M | Add +12.1% |
| IWD iShares Russell 1000 Value E | 0.38% | 47,588 | $8.3M | Add +48.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.35% | 149,574 | $7.7M | Add +732.8% |
| LLY Eli Lilly & Co. | 0.35% | 8,374 | $7.6M | Add +243.9% |
| XLI SS Industrial Select Sector | 0.35% | 62,191 | $7.6M | Add +7.0% |
| VYM Vanguard High DVD Yield ETF | 0.34% | 63,180 | $7.5M | Add +13.0% |
| GOOG Alphabet Inc. Class C | 0.33% | 39,653 | $7.3M | Add +45.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.33% | 142,295 | $7.1M | Add +398.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.32% | 145,032 | $7.1M | Add +23.8% |
| BND Vanguard Total Bond Market | 0.32% | 96,736 | $7.0M | Add +160.9% |
| RSP Invesco S&P 500 Equal Weight | 0.31% | 41,796 | $6.9M | Add +16.4% |
| DKNG Draftkings Inc. Class A | 0.31% | 178,913 | $6.8M | Add +198.4% |
| ITOT iShares Core S&P Total U.S. | 0.31% | 57,421 | $6.8M | Reduce -5.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.31% | 62,663 | $6.7M | Add +1868.1% |
| ABBV Abbvie Inc. | 0.30% | 38,511 | $6.6M | Add +70.4% |
| URI United Rentals Inc. | 0.29% | 9,707 | $6.3M | Add +15.8% |
| HD Home Depot Inc. | 0.28% | 17,922 | $6.2M | Add +58.9% |
| NFLX Netflix Inc. | 0.28% | 8,932 | $6.0M | Add +469.3% |
| XLE SS Energy Select Sector | 0.27% | 65,372 | $6.0M | Add +17.8% |
| JNJ Johnson & Johnson | 0.26% | 38,661 | $5.7M | Add +67.1% |
| HON Honeywell International Inc. | 0.26% | 26,417 | $5.6M | Add +51.4% |
| PG The Procter & Gamble Co. | 0.26% | 34,080 | $5.6M | Add +59.7% |
| VCIT Vanguard Int-Term Corporate | 0.25% | 68,335 | $5.5M | Add +38.0% |
| KO The Coca-Cola Co. | 0.25% | 84,074 | $5.4M | Add +85.9% |
| GLD SPDR Gold Shares | 0.24% | 24,356 | $5.2M | Add +8.9% |
| MRK Merck & Co. Inc. | 0.23% | 41,116 | $5.1M | Add +61.9% |
| SPGI S&P Global Inc. | 0.23% | 11,423 | $5.1M | Add +261.1% |
| ACN Accenture PLC Class A | 0.23% | 16,700 | $5.1M | Add +93.3% |
| IXUS iShares Core Intl Stock ETF | 0.23% | 74,300 | $5.0M | Add +1.4% |
| IWO iShares Russell 2000 Growth | 0.23% | 19,081 | $5.0M | Add +188.3% |
| CRM Salesforce Inc. | 0.22% | 19,090 | $4.9M | Add +122.6% |
| SCHG Schwab US Large-Cap Growth | 0.22% | 48,223 | $4.9M | Add +171.3% |
| NEE Nextera Energy Inc. | 0.22% | 68,595 | $4.9M | Add +38.0% |
| SCHV Schwab US Large-Cap Value | 0.22% | 65,161 | $4.9M | Add +294.6% |
| ABT Abbott Laboratories | 0.22% | 46,668 | $4.8M | Add +71.3% |
| AMD Advanced Micro Devices | 0.22% | 29,389 | $4.8M | Add +29.7% |
| XLK SS Technology Select Sector | 0.21% | 20,744 | $4.7M | Add +165.3% |
| ORCL Oracle Corp. | 0.21% | 33,230 | $4.7M | Add +95.3% |
| MCD McDonald's Corp. | 0.21% | 18,122 | $4.6M | Add +89.2% |
| IJH iShares Core S&P Midcap ETF | 0.21% | 78,838 | $4.6M | Add +2.5% |
| IWS iShares Russell Mid-Cap Valu | 0.21% | 38,068 | $4.6M | Add +678.6% |
| TSLA Tesla Inc. | 0.21% | 23,105 | $4.6M | Add +18.9% |
| MS Morgan Stanley | 0.21% | 46,468 | $4.5M | Add +68.1% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.20% | 90,503 | $4.5M | Reduce -1.8% |
| SHW The Sherwin-Williams Co. | 0.20% | 14,801 | $4.4M | Add +153.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 24,766 | $4.3M | Add +125.3% |
| CYBR Cyberark Software Ltd./Israel | 0.20% | 15,620 | $4.3M | New |
| UNP Union Pacific Corp. | 0.19% | 18,642 | $4.2M | Add +75.0% |
| ADP Automatic Data Processing | 0.18% | 16,743 | $4.0M | Add +50.2% |
| SO The Southern Co. | 0.18% | 51,017 | $4.0M | Add +184.2% |
| BLK BlackRock Finance Inc. | 0.17% | 4,846 | $3.8M | Add +68.8% |
| ADI Analog Devices Inc. | 0.17% | 16,558 | $3.8M | Add +114.5% |
| BIV Vanguard Intermediate-Term B | 0.17% | 50,412 | $3.8M | Add +211.5% |
| GNR State Street SPDR S&P Global | 0.17% | 67,536 | $3.8M | Reduce -0.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.16% | 9,406 | $3.6M | Add +9.2% |
| CB Chubb Ltd. | 0.16% | 14,012 | $3.6M | Add +58.1% |
| JNK SS SPDR BB High Yield Bond | 0.16% | 37,834 | $3.6M | New |
| PSX Phillips 66 | 0.16% | 25,264 | $3.6M | Add +23.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) | Pfd Stk | 40,791 | $899K | Add +30.6% |
| TENN VALLEY AUTHORITY (TVA V2.134 06/01/28 D) | Corporate Bond | 35,919 | $815K | Add +47.2% |
Total filed on the 13F, all lines: $2.2B.
Portfolio Sells Q1 2024 → Q2 2024
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.5% | 18.78% | −5.66 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.7% | 8.82% | −2.82 |
| CMG Chipotle Mexican Grill Inc. | Reduce -20.8% | 3.31% | −1.72 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.7% | 1.35% | −0.50 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.30 |
| FEN First TR Enrgy Inc. & GRW | Sold out | 0.00% | −0.19 |
| ITOT iShares Core S&P Total U.S. | Reduce -5.2% | 0.31% | −0.10 |
| TREX Trex Company Inc. | Sold out | 0.00% | −0.10 |
| INTC Intel Corp. | Reduce -22.7% | 0.07% | −0.10 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -29.8% | 0.11% | −0.09 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Reduce -1.8% | 0.20% | −0.07 |
| GNR State Street SPDR S&P Global | Reduce -0.9% | 0.17% | −0.06 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -62.1% | 0.02% | −0.06 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.05 |
| NUE Nucor Corp. | Reduce -65.9% | 0.01% | −0.05 |
| SPHQ Invesco S&P 500 Quality ETF | Sold out | 0.00% | −0.05 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.05 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -2.4% | 0.09% | −0.04 |
| FLOT iShares Floating Rate Bond E | Reduce -31.5% | 0.04% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -24.6% | 0.05% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.3% | 0.10% | −0.03 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -9.8% | 0.06% | −0.03 |
| PFF iShares Preferred & Income S | Reduce -11.5% | 0.06% | −0.03 |
| OEF iShares S&P 100 ETF | Reduce -0.0% | 0.13% | −0.03 |
| ZTS Zoetis Inc. | Reduce -0.9% | 0.08% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Reduce -22.1% | 0.03% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -9.2% | 0.04% | −0.02 |
| LIT Global X Lithium & Battery T | Sold out | 0.00% | −0.02 |
| FEX First Trust Large Cap Core A | Reduce -12.1% | 0.04% | −0.02 |
| IVE iShares S&P 500 Value ETF | Reduce -1.1% | 0.06% | −0.02 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -10.5% | 0.04% | −0.02 |
| EWW iShares MSCI Mexico ETF | Reduce -0.7% | 0.03% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.1% | 0.05% | −0.02 |
| FXR First Trust Indst/Producers | Reduce -1.7% | 0.04% | −0.02 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.02 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.02 |
| QTEC First Trust Nasdq 100 Tech I | Reduce -6.5% | 0.04% | −0.01 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.01 |
| VCR Vanguard Consumer Discre ETF | Sold out | 0.00% | −0.01 |
| HYLB Xtrackers Usd High Yield Cor | Sold out | 0.00% | −0.01 |
| FTEC Fidelity MSCI Info Tech Indx | Sold out | 0.00% | −0.01 |
| DM Desktop Metal Inc. Class A | Reduce -4.3% | 0.01% | −0.01 |
| WOLF Wolfspeed Inc. | Reduce -14.7% | 0.01% | −0.01 |
| LHX L3HARRIS Technologies Inc. | Reduce -2.2% | 0.03% | −0.01 |
| JBLU Jetblue Airways Corp. | Reduce -3.9% | 0.01% | −0.01 |
| OUSA Alps Oshares US Quality Divi | Reduce -22.0% | 0.01% | −0.01 |
| IHI iShares U.S. Medical Devices | Reduce -0.9% | 0.02% | −0.01 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -0.5% | 0.02% | −0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -1.0% | 0.02% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| IEFA iShares Core MSCI Eafe ETF | Add +491.1% | 1.10% | +0.85 |
| MSFT Microsoft Corp. | Add +62.5% | 2.11% | +0.53 |
| IWM iShares Russell 2000 ETF | Add +486.4% | 0.67% | +0.52 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +34.1% | 4.09% | +0.45 |
| IEMG iShares Core MSCI Emerging | Add +907.2% | 0.51% | +0.44 |
| NVDA Nvidia Corp. | Add +24.3% | 1.70% | +0.40 |
| AAPL Apple Inc. | Add +30.3% | 1.96% | +0.37 |
| AGG iShares Core U.S. Aggregate | Add +248.8% | 0.57% | +0.36 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +47.7% | 2.88% | +0.33 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +732.8% | 0.35% | +0.30 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +1868.1% | 0.31% | +0.29 |
| CAT Caterpillar Inc. | Add +210.8% | 0.52% | +0.28 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +398.5% | 0.33% | +0.24 |
| MUB iShares National Muni Bond E | Add +180.5% | 0.45% | +0.24 |
| LLY Eli Lilly & Co. | Add +243.9% | 0.35% | +0.23 |
| VEA Vanguard Ftse Developed ETF | Add +72.7% | 0.96% | +0.23 |
| JPM JPMorgan Chase & Co. | Add +89.8% | 0.68% | +0.22 |
| NFLX Netflix Inc. | Add +469.3% | 0.28% | +0.22 |
| COST Costco Wholesale Corp. | Add +45.7% | 0.90% | +0.21 |
| IEF iShares 7-10 Year Treasury B | Add +168.7% | 0.40% | +0.21 |
| CYBR Cyberark Software Ltd./Israel | New | 0.20% | +0.20 |
| IWS iShares Russell Mid-Cap Valu | Add +678.6% | 0.21% | +0.17 |
| IWF iShares Russell 1000 Growth | Add +78.4% | 0.53% | +0.17 |
| JNK SS SPDR BB High Yield Bond | New | 0.16% | +0.16 |
| BND Vanguard Total Bond Market | Add +160.9% | 0.32% | +0.16 |
| SPGI S&P Global Inc. | Add +261.1% | 0.23% | +0.15 |
| DKNG Draftkings Inc. Class A | Add +198.4% | 0.31% | +0.15 |
| SCHV Schwab US Large-Cap Value | Add +294.6% | 0.22% | +0.15 |
| AMZN Amazon.com Inc. | Add +30.3% | 1.90% | +0.13 |
| SCHG Schwab US Large-Cap Growth | Add +171.3% | 0.22% | +0.12 |
| IWO iShares Russell 2000 Growth | Add +188.3% | 0.23% | +0.12 |
| WPM Wheaton Precious Metals Corp. | Add +39.3% | 0.74% | +0.12 |
| XLK SS Technology Select Sector | Add +165.3% | 0.21% | +0.12 |
| XLV SS Health Care Select Sector | New | 0.11% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | Add +125.3% | 0.20% | +0.11 |
| META Meta Platforms Inc. Class A | Add +42.6% | 0.86% | +0.11 |
| SO The Southern Co. | Add +184.2% | 0.18% | +0.10 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.10% | +0.10 |
| BIV Vanguard Intermediate-Term B | Add +211.5% | 0.17% | +0.10 |
| XOM Exxon Mobil Corp. | Add +72.2% | 0.42% | +0.10 |
| SPEM State Street SP PTF Em ETF | New | 0.10% | +0.10 |
| USFR Wisdomtree Floating Rate Tre | New | 0.10% | +0.10 |
| ORCL Oracle Corp. | Add +95.3% | 0.21% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +45.5% | 0.33% | +0.09 |
| IWP iShares Russell Mid-Cap Grow | Add +241.5% | 0.14% | +0.08 |
| ADI Analog Devices Inc. | Add +114.5% | 0.17% | +0.08 |
| SHW The Sherwin-Williams Co. | Add +153.8% | 0.20% | +0.08 |
| KO The Coca-Cola Co. | Add +85.9% | 0.25% | +0.08 |
| EFA iShares MSCI Eafe ETF | Add +177.8% | 0.15% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +48.5% | 0.48% | +0.08 |
Notes & Other Activity Q1 2024 → Q2 2024
| TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) | Pfd Stk | Add +30.6% | 40,791 | $899K |
| TENN VALLEY AUTHORITY (TVA V2.134 06/01/28 D) | Corporate Bond | Add +47.2% | 35,919 | $815K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,577 | $9.1B | VTI, VEU, IVV, AAPL, VUG |
| Q1 2026 | 1,397 | $7.8B | VTI, VEU, AAPL, IVV, VUG |
| Q4 2025 | 1,281 | $6.8B | VTI, VEU, IVV, AAPL, VUG |
| Q3 2025 | 1,236 | $6.5B | VTI, VEU, IVV, AAPL, NVDA |
| Q2 2025 | 805 | $4.4B | VTI, VEU, IVV, VUG, AAPL |
| Q1 2025 | 704 | $3.6B | VTI, VEU, VUG, AAPL, BRK.B |
| Q4 2024 | 634 | $2.9B | VTI, VEU, VUG, AAPL, VTV |
| Q3 2024 | 537 | $2.6B | VTI, VEU, VUG, CMG, VTV |
| Q2 2024 | 485 | $2.2B | VTI, VEU, VUG, CMG, VTV |
| Q1 2024 | 379 | $1.7B | VTI, VEU, CMG, VUG, VTV |