Summit Financial, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Summit Financial, LLC reported 537 stock positions worth $2.6 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 16.2% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 8.0%) and Vanguard Mrngstar GR ETF-Sui (VUG, 3.4%). Compared with Q2 2024, it opened 70 new positions, sold out of 18, added to 314 and reduced 141. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +58%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- PARSIPPANY, NJ
- CIK
- 0001765536
- Portfolio Value
- $2.6B (Q3 2024)
- SEC Filing
- 0001765536-24-000003 ↗ filed Nov 12, 2024
Holdings Value
Holdings 537 stocks · $2.6B
| VTI VG Morningstar TS MKT ETF-US | 16.17% | 1,452,156 | $412.5M | Reduce -5.1% |
| VEU Vanguard Ftse All-World Ex-U | 7.98% | 3,229,808 | $203.5M | Reduce -1.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.37% | 223,916 | $86.0M | Reduce -6.2% |
| CMG Chipotle Mexican Grill Inc. | 2.71% | 1,201,421 | $69.2M | Add +4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.68% | 391,229 | $68.3M | Add +0.4% |
| AAPL Apple Inc. | 2.33% | 255,400 | $59.5M | Add +25.7% |
| MSFT Microsoft Corp. | 2.01% | 118,902 | $51.2M | Add +14.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.96% | 86,929 | $50.0M | Add +15.0% |
| VOO Vanguard S&P 500 ETF | 1.63% | 78,672 | $41.6M | Add +58.3% |
| AMZN Amazon.com Inc. | 1.60% | 218,692 | $40.7M | Add +1.7% |
| NVDA Nvidia Corp. | 1.45% | 304,480 | $37.0M | Add +1.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.43% | 182,304 | $36.6M | Reduce -5.5% |
| IVV iShares Core S&P 500 ETF | 1.35% | 59,541 | $34.3M | Add +40.0% |
| META Meta Platforms Inc. Class A | 1.33% | 59,486 | $34.1M | Add +59.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.15% | 174,882 | $29.3M | Reduce -10.3% |
| IEFA iShares Core MSCI Eafe ETF | 1.05% | 343,765 | $26.8M | Add +3.8% |
| VEA Vanguard Ftse Developed ETF | 1.01% | 486,177 | $25.7M | Add +14.9% |
| COST Costco Wholesale Corp. | 0.94% | 26,930 | $23.9M | Add +16.8% |
| WPM Wheaton Precious Metals Corp. | 0.82% | 344,151 | $21.0M | Add +11.8% |
| IWM iShares Russell 2000 ETF | 0.72% | 83,539 | $18.5M | Add +15.6% |
| JPM JPMorgan Chase & Co. | 0.72% | 87,109 | $18.4M | Add +17.8% |
| AGG iShares Core U.S. Aggregate | 0.72% | 181,288 | $18.4M | Add +41.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.65% | 33,884 | $16.6M | Add +9.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.64% | 68,510 | $16.3M | Add +19.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 33,826 | $15.6M | Add +33.7% |
| AVGO Broadcom Inc. | 0.60% | 88,578 | $15.3M | Add +8.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.60% | 57,602 | $15.2M | Add +23.1% |
| WMT Walmart Inc. | 0.58% | 183,563 | $14.8M | Add +17.5% |
| CAT Caterpillar Inc. | 0.57% | 36,884 | $14.4M | Add +7.0% |
| NFLX Netflix Inc. | 0.55% | 19,784 | $14.0M | Add +121.5% |
| UNH Unitedhealth Group Inc. | 0.54% | 23,528 | $13.8M | Reduce -4.1% |
| REGN Regeneron Pharmaceuticals | 0.53% | 12,782 | $13.4M | Add +56.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.51% | 256,306 | $13.1M | Add +80.1% |
| IWF iShares Russell 1000 Growth | 0.51% | 34,888 | $13.1M | Add +10.0% |
| IEMG iShares Core MSCI Emerging | 0.51% | 227,739 | $13.1M | Add +9.8% |
| MUB iShares National Muni Bond E | 0.51% | 118,819 | $12.9M | Add +28.8% |
| TLT iShares 20+ Year Treasury BD | 0.50% | 129,508 | $12.7M | Reduce -7.1% |
| IJH iShares Core S&P Midcap ETF | 0.47% | 192,078 | $12.0M | Add +143.6% |
| VWO Vanguard Ftse Emerging Marke | 0.46% | 243,048 | $11.6M | Add +0.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.45% | 138,879 | $11.5M | Add +21.6% |
| FANG Diamondback Energy Inc. | 0.45% | 66,525 | $11.5M | Add +17.3% |
| V Visa Inc. Class A | 0.41% | 38,197 | $10.5M | Add +15.2% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.41% | 198,769 | $10.5M | Add +32.9% |
| XOM Exxon Mobil Corp. | 0.40% | 87,627 | $10.3M | Add +10.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.39% | 188,382 | $10.0M | Add +29.9% |
| ITOT iShares Core S&P Total U.S. | 0.39% | 78,202 | $9.8M | Add +36.2% |
| XLI SS Industrial Select Sector | 0.38% | 71,925 | $9.7M | Add +15.7% |
| VCIT Vanguard Int-Term Corporate | 0.38% | 114,977 | $9.6M | Add +68.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.37% | 250,068 | $9.3M | Add +2.3% |
| IEF iShares 7-10 Year Treasury B | 0.37% | 95,013 | $9.3M | Add +1.4% |
| IWD iShares Russell 1000 Value E | 0.36% | 47,893 | $9.1M | Add +0.6% |
| MRK Merck & Co. Inc. | 0.34% | 76,102 | $8.7M | Add +85.1% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.34% | 184,018 | $8.7M | Reduce -4.4% |
| URI United Rentals Inc. | 0.34% | 10,654 | $8.6M | Add +9.8% |
| VYM Vanguard High DVD Yield ETF | 0.33% | 65,517 | $8.4M | Add +3.7% |
| HD Home Depot Inc. | 0.33% | 20,574 | $8.3M | Add +14.8% |
| ABBV Abbvie Inc. | 0.31% | 40,081 | $7.9M | Add +4.1% |
| RSP Invesco S&P 500 Equal Weight | 0.30% | 43,283 | $7.8M | Add +3.6% |
| SCHR Schwab Intermediate-Term US | 0.30% | 152,209 | $7.7M | New |
| GOOG Alphabet Inc. Class C | 0.30% | 45,359 | $7.6M | Add +14.4% |
| DKNG Draftkings Inc. Class A | 0.28% | 183,271 | $7.2M | Add +2.4% |
| JNJ Johnson & Johnson | 0.28% | 43,603 | $7.1M | Add +12.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.27% | 61,924 | $7.0M | Reduce -1.2% |
| XLK SS Technology Select Sector | 0.27% | 30,976 | $7.0M | Add +49.3% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.27% | 137,494 | $6.9M | Add +51.9% |
| BND Vanguard Total Bond Market | 0.27% | 92,144 | $6.9M | Reduce -4.8% |
| TSLA Tesla Inc. | 0.26% | 25,745 | $6.7M | Add +11.4% |
| GLD SPDR Gold Shares | 0.26% | 27,513 | $6.7M | Add +13.0% |
| VIG Vanguard Dividend Apprec ETF | 0.25% | 32,687 | $6.5M | Add +117.3% |
| NEE Nextera Energy Inc. | 0.25% | 76,454 | $6.5M | Add +11.5% |
| KO The Coca-Cola Co. | 0.25% | 87,752 | $6.3M | Add +4.4% |
| IJR iShares Core S&P Small-Cap E | 0.25% | 54,147 | $6.3M | Add +106.6% |
| PG The Procter & Gamble Co. | 0.25% | 36,377 | $6.3M | Add +6.7% |
| ORCL Oracle Corp. | 0.25% | 36,834 | $6.3M | Add +10.8% |
| XLE SS Energy Select Sector | 0.24% | 70,113 | $6.2M | Add +7.3% |
| HON Honeywell International Inc. | 0.24% | 29,668 | $6.1M | Add +12.3% |
| SPGI S&P Global Inc. | 0.23% | 11,601 | $6.0M | Add +1.6% |
| LLY Eli Lilly & Co. | 0.23% | 6,484 | $5.7M | Reduce -22.6% |
| ABT Abbott Laboratories | 0.22% | 49,953 | $5.7M | Add +7.0% |
| SPIB SS SPDR P Int C Corp. ETF | 0.22% | 166,559 | $5.6M | Add +110.5% |
| SCHP Schwab U.S. Tips ETF | 0.22% | 104,177 | $5.6M | Add +395.8% |
| SHW The Sherwin-Williams Co. | 0.22% | 14,561 | $5.6M | Reduce -1.6% |
| IWO iShares Russell 2000 Growth | 0.22% | 19,470 | $5.5M | Add +2.0% |
| IXUS iShares Core Intl Stock ETF | 0.21% | 73,965 | $5.4M | Reduce -0.5% |
| MCD McDonald's Corp. | 0.21% | 17,507 | $5.3M | Reduce -3.4% |
| AMD Advanced Micro Devices | 0.21% | 32,267 | $5.3M | Add +9.8% |
| CRM Salesforce Inc. | 0.21% | 19,220 | $5.3M | Add +0.7% |
| SCHG Schwab US Large-Cap Growth | 0.20% | 49,614 | $5.2M | Add +2.9% |
| MS Morgan Stanley | 0.20% | 49,418 | $5.2M | Add +6.3% |
| IWS iShares Russell Mid-Cap Valu | 0.20% | 38,747 | $5.1M | Add +1.8% |
| MELI MercadoLibre Inc. | 0.20% | 2,448 | $5.0M | Add +12.9% |
| SCHV Schwab US Large-Cap Value | 0.20% | 62,375 | $5.0M | Reduce -4.3% |
| CYBR Cyberark Software Ltd./Israel | 0.19% | 16,875 | $4.9M | Add +8.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.19% | 27,970 | $4.9M | Add +12.9% |
| ACN Accenture PLC Class A | 0.18% | 13,347 | $4.7M | Reduce -20.1% |
| ADP Automatic Data Processing | 0.18% | 16,847 | $4.7M | Add +0.6% |
| MA Mastercard Inc. Class A | 0.18% | 9,470 | $4.7M | Add +19.9% |
| SO The Southern Co. | 0.18% | 51,185 | $4.6M | Add +0.3% |
| BLK BlackRock Finance Inc. | 0.18% | 4,829 | $4.6M | Reduce -0.3% |
| MDY State Street SPDR S&P Midcap | 0.18% | 8,014 | $4.6M | Add +28.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) | Pfd Stk | 44,395 | $1.0M | Add +8.8% |
| TENN VALLEY AUTHORITY (TVA V2.134 06/01/28 D) | Corporate Bond | 37,606 | $862K | Add +4.7% |
Total filed on the 13F, all lines: $2.6B.
Portfolio Sells Q2 2024 → Q3 2024
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.1% | 16.17% | −2.62 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.9% | 7.98% | −0.84 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -6.2% | 3.37% | −0.72 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -10.3% | 1.15% | −0.20 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -5.5% | 1.43% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -22.6% | 0.23% | −0.12 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.11 |
| SMCI Super Micro Computer Inc. | Reduce -83.6% | 0.01% | −0.10 |
| TLT iShares 20+ Year Treasury BD | Reduce -7.1% | 0.50% | −0.09 |
| PSX Phillips 66 | Reduce -21.4% | 0.10% | −0.06 |
| DVN Devon Energy Corp. | Reduce -66.8% | 0.02% | −0.06 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -4.4% | 0.34% | −0.06 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.05 |
| BND Vanguard Total Bond Market | Reduce -4.8% | 0.27% | −0.05 |
| ACN Accenture PLC Class A | Reduce -20.1% | 0.18% | −0.05 |
| ITB iShares U.S. Home Constructi | Reduce -77.7% | 0.01% | −0.05 |
| MAR Marriott International Class A | Reduce -21.0% | 0.08% | −0.04 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -36.7% | 0.04% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -1.2% | 0.27% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -4.1% | 0.54% | −0.03 |
| UNP Union Pacific Corp. | Reduce -9.3% | 0.16% | −0.03 |
| SCHV Schwab US Large-Cap Value | Reduce -4.3% | 0.20% | −0.03 |
| FLOT iShares Floating Rate Bond E | Reduce -55.1% | 0.02% | −0.02 |
| GNR State Street SPDR S&P Global | Reduce -2.5% | 0.15% | −0.02 |
| SHM SS SPDR N Ice St Muni ETF | Sold out | 0.00% | −0.02 |
| DBO Invesco DB Oil Fund | Sold out | 0.00% | −0.02 |
| IXUS iShares Core Intl Stock ETF | Reduce -0.5% | 0.21% | −0.02 |
| FCX Freeport-McMoran Inc. | Reduce -2.6% | 0.10% | −0.02 |
| USIG iShares Broad Usd Investment | Reduce -12.0% | 0.06% | −0.02 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -42.3% | 0.02% | −0.01 |
| PKB Invesco Building & Construct | Sold out | 0.00% | −0.01 |
| EOG EOG Resources Inc. | Reduce -0.3% | 0.07% | −0.01 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.01 |
| FTSM First Trust Enh Short Mat FD | Reduce -1.2% | 0.08% | −0.01 |
| HLI Houlihan Lokey Inc. | Sold out | 0.00% | −0.01 |
| CHD Church & Dwight Co. Inc. | Reduce -4.1% | 0.06% | −0.01 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -4.5% | 0.09% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -0.0% | 0.05% | −0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -14.3% | 0.09% | −0.01 |
| NEM Newmont Corp. | Reduce -62.1% | 0.01% | −0.01 |
| IUSV iShares Core S&P U.S. Value | Reduce -1.8% | 0.12% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -18.2% | 0.03% | −0.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -7.2% | 0.05% | −0.01 |
| TFI SS SPDR N Ice Muni Bond ETF | Sold out | 0.00% | −0.01 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.01 |
| WPC WP Carey Inc. | Reduce -15.9% | 0.04% | −0.01 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.01 |
| FLRN SS SPDR BB Ig Float RT ETF | Sold out | 0.00% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Sold out | 0.00% | −0.01 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| VOO Vanguard S&P 500 ETF | Add +58.3% | 1.63% | +0.49 |
| META Meta Platforms Inc. Class A | Add +59.5% | 1.33% | +0.48 |
| AAPL Apple Inc. | Add +25.7% | 2.33% | +0.38 |
| SCHR Schwab Intermediate-Term US | New | 0.30% | +0.30 |
| IVV iShares Core S&P 500 ETF | Add +40.0% | 1.35% | +0.28 |
| NFLX Netflix Inc. | Add +121.5% | 0.55% | +0.27 |
| IJH iShares Core S&P Midcap ETF | Add +143.6% | 0.47% | +0.26 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +80.1% | 0.51% | +0.19 |
| SCHP Schwab U.S. Tips ETF | Add +395.8% | 0.22% | +0.17 |
| SCHX Schwab US Large-Cap ETF | Add +1268.2% | 0.17% | +0.15 |
| AGG iShares Core U.S. Aggregate | Add +41.4% | 0.72% | +0.15 |
| SUN Sunoco LP | New | 0.15% | +0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +33.7% | 0.61% | +0.14 |
| GM General Motors Co. | Add +579.6% | 0.17% | +0.14 |
| REGN Regeneron Pharmaceuticals | Add +56.4% | 0.53% | +0.13 |
| VIG Vanguard Dividend Apprec ETF | Add +117.3% | 0.25% | +0.13 |
| VCIT Vanguard Int-Term Corporate | Add +68.3% | 0.38% | +0.13 |
| CBSH Commerce Bancshares Inc. | Add +1211.3% | 0.13% | +0.12 |
| IJR iShares Core S&P Small-Cap E | Add +106.6% | 0.25% | +0.12 |
| VXF Vanguard Extended Market ETF | New | 0.12% | +0.12 |
| WES Western Midstream Partners L | Add +511.5% | 0.14% | +0.11 |
| MRK Merck & Co. Inc. | Add +85.1% | 0.34% | +0.11 |
| SPIB SS SPDR P Int C Corp. ETF | Add +110.5% | 0.22% | +0.10 |
| WMT Walmart Inc. | Add +17.5% | 0.58% | +0.10 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.09% | +0.09 |
| WPM Wheaton Precious Metals Corp. | Add +11.8% | 0.82% | +0.09 |
| WMB Williams Cos Inc. | Add +638.1% | 0.10% | +0.08 |
| PFF iShares Preferred & Income S | Add +164.2% | 0.14% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +23.1% | 0.60% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +15.0% | 1.96% | +0.08 |
| ITOT iShares Core S&P Total U.S. | Add +36.2% | 0.39% | +0.07 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +127.9% | 0.13% | +0.07 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +51.9% | 0.27% | +0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +29.9% | 0.39% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +19.9% | 0.64% | +0.07 |
| CEG Constellation Energy | Add +428.4% | 0.07% | +0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +32.9% | 0.41% | +0.06 |
| TIP iShares Tips Bond ETF | Add +118.0% | 0.12% | +0.06 |
| XLK SS Technology Select Sector | Add +49.3% | 0.27% | +0.06 |
| XLV SS Health Care Select Sector | Add +67.1% | 0.17% | +0.06 |
| MUB iShares National Muni Bond E | Add +28.8% | 0.51% | +0.06 |
| VSS Vanguard Ftse All Wo X-US SC | Add +293.1% | 0.08% | +0.06 |
| TSLA Tesla Inc. | Add +11.4% | 0.26% | +0.06 |
| IWM iShares Russell 2000 ETF | Add +15.6% | 0.72% | +0.05 |
| URI United Rentals Inc. | Add +9.8% | 0.34% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +14.9% | 1.01% | +0.05 |
| IBM Intl Business Machines Corp. | Add +54.6% | 0.12% | +0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +68.5% | 0.15% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +333.9% | 0.06% | +0.05 |
| HD Home Depot Inc. | Add +14.8% | 0.33% | +0.04 |
Notes & Other Activity Q2 2024 → Q3 2024
| TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) | Pfd Stk | Add +8.8% | 44,395 | $1.0M |
| TENN VALLEY AUTHORITY (TVA V2.134 06/01/28 D) | Corporate Bond | Add +4.7% | 37,606 | $862K |
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 |