Summit Financial, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Summit Financial, LLC reported 1,281 stock positions worth $6.8 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 8.2% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 3.6%) and iShares Core S&P 500 ETF (IVV, 2.3%). Compared with Q3 2025, it opened 97 new positions, sold out of 53, added to 618 and reduced 514. The biggest buy was ISHARESIBONDSDEC2034TMCORP (IBDZ, shares +217%) and the biggest sale Meta Platforms Class A (META, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- PARSIPPANY, NJ
- CIK
- 0001765536
- Portfolio Value
- $6.8B (Q4 2025)
- SEC Filing
- 0001172661-26-000703 ↗ filed Feb 13, 2026
Holdings Value
Holdings 1,281 stocks · $6.8B
| VTI VG Morningstar TS MKT ETF-US | 8.18% | 1,661,237 | $557.0M | Add +1.1% |
| VEU Vanguard Ftse All-World Ex-U | 3.61% | 3,339,132 | $245.6M | Add +2.0% |
| IVV iShares Core S&P 500 ETF | 2.32% | 230,276 | $157.7M | Reduce -2.1% |
| AAPL Apple Inc. | 2.12% | 531,978 | $144.6M | Reduce -2.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.74% | 243,232 | $118.7M | Add +4.6% |
| NVDA Nvidia Corp. | 1.74% | 633,764 | $118.2M | Reduce -1.4% |
| MSFT Microsoft Corp. | 1.57% | 221,500 | $107.1M | Add +1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.46% | 145,586 | $99.6M | Add +0.4% |
| VOO Vanguard S&P 500 ETF | 1.43% | 155,474 | $97.5M | Add +1.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.35% | 481,837 | $92.0M | Add +2.1% |
| QQQM Invesco Nasdaq 100 ETF | 1.27% | 342,229 | $86.6M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 1.20% | 354,731 | $81.9M | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.19% | 160,739 | $80.8M | Add +0.3% |
| JBND JPMorgan Active Bond ETF | 1.08% | 1,359,312 | $73.7M | Add +4.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.00% | 110,418 | $67.8M | Reduce -1.3% |
| PYLD PIMCO Multisector Bond Actv | 0.94% | 2,382,094 | $63.9M | Add +10.0% |
| PLTR Palantir Technologies Inc. Class A | 0.91% | 348,961 | $62.0M | Add +1.7% |
| JPM JPMorgan Chase & Co. | 0.89% | 188,270 | $60.7M | Add +0.2% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.75% | 1,952,145 | $51.0M | Add +5.2% |
| TSLA Tesla Inc. | 0.66% | 100,594 | $45.2M | Add +4.5% |
| VEA Vanguard Ftse Developed ETF | 0.66% | 716,748 | $44.8M | Add +3.5% |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 0.64% | 1,657,455 | $43.7M | Add +217.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.64% | 488,202 | $43.7M | Reduce -5.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.61% | 196,321 | $41.6M | Add +1.1% |
| IBDX iShares Ibonds Dec 2032 TC | 0.57% | 1,521,738 | $38.8M | Add +5.6% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.57% | 1,826,496 | $38.6M | Add +5.0% |
| META Meta Platforms Inc. Class A | 0.55% | 56,776 | $37.5M | Reduce -11.5% |
| WPM Wheaton Precious Metals Corp. | 0.53% | 307,975 | $36.2M | Reduce -4.6% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.51% | 1,574,557 | $34.8M | Add +1.4% |
| GOOG Alphabet Inc. Class C | 0.50% | 109,077 | $34.2M | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.50% | 98,739 | $34.2M | Reduce -7.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.48% | 113,424 | $32.9M | Add +21.6% |
| IWM iShares Russell 2000 ETF | 0.48% | 133,688 | $32.9M | Add +89.0% |
| TLT iShares 20+ Year Treasury BD | 0.48% | 371,503 | $32.4M | Reduce -18.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.47% | 757,338 | $32.3M | Reduce -1.1% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.47% | 371,659 | $32.1M | Add +2.7% |
| AGG iShares Core U.S. Aggregate | 0.45% | 305,794 | $30.5M | Add +6.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.44% | 281,920 | $30.1M | Add +12.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.44% | 168,721 | $29.9M | Add +1.7% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 350,070 | $29.3M | Add +10.2% |
| RSP Invesco S&P 500 Equal Weight | 0.43% | 151,766 | $29.1M | Reduce -14.4% |
| WMT Walmart Inc. | 0.43% | 259,383 | $29.0M | Reduce -3.9% |
| IJH iShares Core S&P Midcap ETF | 0.42% | 432,744 | $28.6M | Reduce -1.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.41% | 598,936 | $27.9M | Add +2.9% |
| SMH Vaneck Semiconductor ETF | 0.38% | 72,486 | $26.1M | Add +2.0% |
| SCHG Schwab US Large-Cap Growth | 0.38% | 792,965 | $25.9M | Add +7.6% |
| GS Goldman Sachs Group Inc. | 0.38% | 29,312 | $25.8M | Add +83.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.37% | 98,231 | $25.3M | Add +1.2% |
| PDP Invesco Dorsey Wright Moment | 0.37% | 215,035 | $25.0M | Add +1.5% |
| IBDU iShares Ibonds Dec 2029 Term | 0.37% | 1,068,563 | $25.0M | Add +5.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.36% | 225,240 | $24.8M | Reduce -0.2% |
| GLD SPDR Gold Shares | 0.35% | 60,384 | $23.9M | Add +14.5% |
| AIQ Global X Art Intel & Tech | 0.35% | 465,237 | $23.7M | Add +4.1% |
| ITOT iShares Core S&P Total U.S. | 0.34% | 155,407 | $23.1M | Add +1.9% |
| IVE iShares S&P 500 Value ETF | 0.34% | 108,754 | $23.1M | Reduce -1.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.34% | 403,443 | $22.9M | Add +11.3% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.33% | 423,587 | $22.4M | Add +9.0% |
| MOAT Vaneck Morningstar Wide Moat | 0.32% | 212,036 | $22.0M | Reduce -2.0% |
| IAU iShares Gold Trust | 0.32% | 270,136 | $21.9M | Reduce -1.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.32% | 44,795 | $21.6M | Add +0.4% |
| JNJ Johnson & Johnson | 0.31% | 101,026 | $20.9M | Add +2.6% |
| XOM Exxon Mobil Corp. | 0.30% | 169,281 | $20.4M | Add +4.8% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 377,902 | $20.3M | Add +2.5% |
| PSLV Sprott Physical Silver Trust | 0.30% | 855,109 | $20.2M | Add +7.8% |
| SDVY First Trust Smid Cap Rising | 0.29% | 523,015 | $20.0M | Reduce -0.6% |
| FBND Fidelity Total Bond ETF | 0.29% | 428,567 | $19.8M | Add +8.3% |
| IWF iShares Russell 1000 Growth | 0.28% | 40,437 | $19.1M | Add +8.5% |
| SOFI Sofi Technologies Inc. | 0.28% | 723,556 | $18.9M | Add +15.7% |
| NFLX Netflix Inc. | 0.27% | 199,497 | $18.7M | Reduce -15.1% |
| VPLS Vanguard Core-Plus Bond ETF | 0.27% | 237,946 | $18.6M | Add +6.2% |
| DIVO Amplify CWP Enhan Divid ETF | 0.26% | 403,741 | $18.0M | Add +5.4% |
| VYM Vanguard High DVD Yield ETF | 0.26% | 123,301 | $17.7M | Add +9.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 58,798 | $17.4M | Add +0.5% |
| IJR iShares Core S&P Small-Cap E | 0.25% | 144,185 | $17.3M | Reduce -2.4% |
| AVDE Avantis International Equity | 0.25% | 204,706 | $16.9M | Add +5.5% |
| SCHX Schwab US Large-Cap ETF | 0.25% | 626,200 | $16.9M | Add +19.6% |
| IEMG iShares Core MSCI Emerging | 0.25% | 248,828 | $16.7M | Reduce -4.5% |
| LLY Eli Lilly & Co. | 0.24% | 15,249 | $16.4M | Add +2.5% |
| V Visa Inc. Class A | 0.24% | 46,721 | $16.4M | Reduce -2.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.24% | 308,927 | $16.3M | Add +8.8% |
| COST Costco Wholesale Corp. | 0.23% | 18,417 | $15.9M | Reduce -34.7% |
| ABBV Abbvie Inc. | 0.23% | 68,156 | $15.6M | Add +0.4% |
| AMD Advanced Micro Devices | 0.23% | 72,437 | $15.5M | Reduce -5.4% |
| EWJ iShares MSCI Japan ETF | 0.23% | 191,156 | $15.4M | Reduce -0.6% |
| SCHR Schwab Intermediate-Term US | 0.23% | 612,874 | $15.4M | Add +1.1% |
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | 0.22% | 83,000 | $15.3M | No change |
| VFLO Victoryshares Free Cash Flow | 0.22% | 381,252 | $15.0M | Reduce -4.2% |
| XLG Invesco S&P 500 Top 50 ETF | 0.22% | 252,968 | $15.0M | Reduce -15.4% |
| UUUU Energy Fuels Inc. | 0.22% | 1,024,428 | $14.9M | Add +0.2% |
| AVEM Avantis Emerging Markets Eq | 0.22% | 192,458 | $14.8M | Add +7.8% |
| MRK Merck & Co. Inc. | 0.21% | 137,745 | $14.6M | Add +14.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 47,787 | $14.6M | Reduce -1.9% |
| JMUB JPMorgan Municipal ETF | 0.21% | 287,068 | $14.5M | Add +10.1% |
| WFC Wells Fargo & Co. | 0.21% | 153,516 | $14.3M | Add +198.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.20% | 152,425 | $13.9M | Add +30.9% |
| HOOD Robinhood Markets Inc. Class A | 0.20% | 123,087 | $13.9M | Reduce -2.8% |
| PHYS Sprott Physical Gold Trust | 0.20% | 419,308 | $13.8M | Add +11.9% |
| XLK SS Technology Select Sector | 0.20% | 95,681 | $13.8M | Reduce -1.6% |
| SCHD Schwab US DVD Equity ETF | 0.20% | 499,464 | $13.7M | Add +3.7% |
| GPZ Vaneck Alt Asset Manager ETF | 0.20% | 496,037 | $13.5M | Add +3.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $967K (not counted above)
Total filed on the 13F, all lines: $6.8B.
Portfolio Sells Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | Reduce -11.5% | 0.55% | −0.17 |
| COST Costco Wholesale Corp. | Reduce -34.7% | 0.23% | −0.17 |
| NFLX Netflix Inc. | Reduce -15.1% | 0.27% | −0.16 |
| IBIT iShares Bitcoin Trust ETF | Reduce -24.3% | 0.19% | −0.15 |
| TLT iShares 20+ Year Treasury BD | Reduce -18.2% | 0.48% | −0.15 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -45.0% | 0.15% | −0.13 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -32.2% | 0.20% | −0.11 |
| NVDA Nvidia Corp. | Reduce -1.4% | 1.74% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -2.1% | 2.32% | −0.09 |
| RSP Invesco S&P 500 Equal Weight | Reduce -14.4% | 0.43% | −0.09 |
| ORCL Oracle Corp. | Reduce -5.6% | 0.14% | −0.08 |
| HOOD Robinhood Markets Inc. Class A | Reduce -2.8% | 0.20% | −0.07 |
| RBLX Roblox Corp. Class A | Reduce -66.6% | 0.01% | −0.07 |
| FTGC First Trust Global Tactical | Reduce -53.5% | 0.03% | −0.05 |
| USFR Wisdomtree Floating Rate Tre | Reduce -56.5% | 0.04% | −0.05 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -2.1% | 1.27% | −0.05 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.4% | 0.64% | −0.05 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.05 |
| VXX Ipath Series B S&P 500 Vix | Reduce -79.6% | 0.01% | −0.05 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -15.4% | 0.22% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -34.0% | 0.08% | −0.04 |
| AVGO Broadcom Inc. | Reduce -7.4% | 0.50% | −0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.1% | 0.47% | −0.04 |
| JEPI JPMorgan Equity Premium Inco | Reduce -14.7% | 0.16% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.3% | 1.00% | −0.03 |
| DKNG Draftkings Inc. Class A | Reduce -80.3% | 0.01% | −0.03 |
| CSW CSW Industrials Inc. | Sold out | 0.00% | −0.03 |
| FTCS First Trust Capital Strength | Reduce -42.0% | 0.03% | −0.03 |
| MOS The Mosaic Co. | Reduce -0.1% | 0.05% | −0.03 |
| BX Blackstone Inc. | Reduce -3.0% | 0.13% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -36.0% | 0.04% | −0.03 |
| BITB Bitwise Bitcoin ETF | Reduce -0.1% | 0.07% | −0.03 |
| DIS The Walt Disney Co. | Reduce -22.1% | 0.07% | −0.02 |
| XLF SS Financial Select Sector | Reduce -16.9% | 0.10% | −0.02 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.02 |
| FHLC Fidelity MSCI Health Care | Reduce -46.8% | 0.03% | −0.02 |
| QYLD Global X Nasd 100 Cov Call | Reduce -32.3% | 0.05% | −0.02 |
| FENY Fidelity MSCI Energy Index | Reduce -71.3% | 0.01% | −0.02 |
| ORLY O'reilly Automotive Inc. | Reduce -10.6% | 0.06% | −0.02 |
| CRM Salesforce Inc. | Reduce -28.9% | 0.07% | −0.02 |
| KNG FT Vest S&P 500 DVD Arst TRG | Reduce -84.1% | 0.00% | −0.02 |
| SGOV iShares 0-3 Month Treasury B | Reduce -30.1% | 0.04% | −0.02 |
| UEC Uranium Energy Corp. | Reduce -1.1% | 0.11% | −0.02 |
| TAFI AB Tax Aware Short Dur Muni | Reduce -39.6% | 0.03% | −0.02 |
| WPM Wheaton Precious Metals Corp. | Reduce -4.6% | 0.53% | −0.02 |
| APP AppLovin Corp. Class A | Reduce -44.5% | 0.02% | −0.02 |
| FAST Fastenal Co. | Reduce -82.3% | 0.00% | −0.02 |
| VOX Vanguard Communication Servi | Reduce -40.5% | 0.03% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.7% | 0.42% | −0.02 |
| BOTZ Global X Robotics & Artifici | Reduce -71.2% | 0.01% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| IBDZ ISHARESIBONDSDEC2034TMCORP | Add +217.4% | 0.64% | +0.43 |
| IWM iShares Russell 2000 ETF | Add +89.0% | 0.48% | +0.22 |
| GS Goldman Sachs Group Inc. | Add +83.3% | 0.38% | +0.18 |
| RKT Rocket Cos Inc. Class A | New | 0.16% | +0.16 |
| WFC Wells Fargo & Co. | Add +198.2% | 0.21% | +0.14 |
| PSLV Sprott Physical Silver Trust | Add +7.8% | 0.30% | +0.11 |
| JPIB JPMorgan Intl BND ETF | New | 0.09% | +0.09 |
| ICSH iShares Ultra Short Duration | Add +114.6% | 0.15% | +0.07 |
| LLY Eli Lilly & Co. | Add +2.5% | 0.24% | +0.07 |
| GLD SPDR Gold Shares | Add +14.5% | 0.35% | +0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +21.6% | 0.48% | +0.06 |
| IBB iShares Biotechnology ETF | Add +124.0% | 0.10% | +0.06 |
| MRK Merck & Co. Inc. | Add +14.6% | 0.21% | +0.06 |
| MU Micron Technology Inc. | Add +44.6% | 0.09% | +0.05 |
| FXZ First Trust Materials Alphad | Add +813.9% | 0.06% | +0.05 |
| QQQI Neos Nasdaq-100 High Inc. ETF | Add +85.1% | 0.12% | +0.05 |
| SCYB Schwab High Yield Bond ETF | New | 0.05% | +0.05 |
| PYLD PIMCO Multisector Bond Actv | Add +10.0% | 0.94% | +0.05 |
| SPYI Neos S&P 500 High Income ETF | Add +59.3% | 0.13% | +0.05 |
| XBI SS SPDR S&P Biotech ETF | Add +540.6% | 0.05% | +0.04 |
| EXE Expand Energy Corp. | Add +39.1% | 0.16% | +0.04 |
| LRCX Lam Research Corp. | Add +73.8% | 0.08% | +0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +12.7% | 0.44% | +0.04 |
| EQT Eqt Corp. | Add +408.2% | 0.05% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +30.9% | 0.20% | +0.04 |
| HTRB Hartford TTL RTRN BND ETF | New | 0.04% | +0.04 |
| TGTX TG Therapeutics Inc. | New | 0.04% | +0.04 |
| INTC Intel Corp. | Add +133.8% | 0.07% | +0.04 |
| PINK Simplify Health Care ETF | New | 0.04% | +0.04 |
| SCHX Schwab US Large-Cap ETF | Add +19.6% | 0.25% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +4.6% | 1.74% | +0.04 |
| CGDV Cap Group Dividend Value | Add +154.3% | 0.06% | +0.04 |
| REGN Regeneron Pharmaceuticals | Add +0.3% | 0.14% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.0% | 3.61% | +0.03 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +354.9% | 0.04% | +0.03 |
| USTB Victoryshares Short-Term Bon | Add +57.6% | 0.10% | +0.03 |
| AKRE Akre Focus ETF | New | 0.03% | +0.03 |
| PHYS Sprott Physical Gold Trust | Add +11.9% | 0.20% | +0.03 |
| APH Amphenol Corp. Class A | Add +65.2% | 0.08% | +0.03 |
| XLV SS Health Care Select Sector | Add +38.7% | 0.10% | +0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +11.3% | 0.34% | +0.03 |
| TXN Texas Instruments Inc. | Add +56.7% | 0.10% | +0.03 |
| BIIB Biogen Inc. | New | 0.03% | +0.03 |
| SCHF Schwab Intl Equity ETF | Add +30.6% | 0.13% | +0.03 |
| BUXX Strive Enhanced Income Short | New | 0.03% | +0.03 |
| SMH Vaneck Semiconductor ETF | Add +2.0% | 0.38% | +0.03 |
| CGMU Cap Group Municipal Income | Add +193.2% | 0.04% | +0.03 |
| JNJ Johnson & Johnson | Add +2.6% | 0.31% | +0.03 |
| BIV Vanguard Intermediate-Term B | Add +60.2% | 0.08% | +0.03 |
| SLV iShares Silver Trust | Add +8.2% | 0.07% | +0.03 |
Notes & Other Activity Q3 2025 → Q4 2025
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | Reduce -94.6% | 20,805 | $505K |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | Reduce -94.3% | 19,059 | $462K |
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 |