Summit Investment Advisory Services, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Summit Investment Advisory Services, LLC reported 89 stock positions worth $398.5 million. Its top holding was Cap Group Dividend Value (CGDV) at 12.6% of the portfolio, followed by Putnam Focused LRG Cap Value (PVAL, 11.1%) and Cap Group Growth Equity (CGGR, 11.1%). Compared with Q1 2026, it opened 9 new positions, sold out of 1, added to 38 and reduced 25. The biggest buy was a new position in Putnam Focused LRG Cap Value (PVAL) and the biggest sale Cap Group Intl Focus (CGXU, shares −0%).

Most Recent 13F
Q2 2026
Location
ROSEVILLE, MN
CIK
0001914395
Portfolio Value
$398.5M (Q2 2026)
SEC Filing
0001951757-26-001053 ↗ filed Jul 24, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $168.9M Q1 2024 Q2 2024: $85.1M Q2 2024 Q3 2024: $188.5M Q3 2024 Q4 2024: $193.9M Q4 2024 Q1 2025: $204.0M Q1 2025 Q2 2025: $229.9M Q2 2025 Q3 2025: $251.1M Q3 2025 Q4 2025: $265.0M Q4 2025 Q1 2026: $269.2M Q1 2026 Q2 2026: $398.5M $398.5M Q2 2026

Holdings 89 stocks · $398.5M
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 12.62% 1,020,802 $50.3M Add +3.2%
PVAL Putnam Focused LRG Cap Value 11.07% 865,998 $44.1M New
CGGR Cap Group Growth Equity 11.06% 934,072 $44.1M Add +0.4%
INCM Franklin Income Focus ETF 8.01% 1,105,667 $31.9M Add +10.3%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 7.36% 847,237 $29.3M Reduce -0.4%
FLCG Fed Hermes Large Cap Growth 6.66% 796,716 $26.5M New
DGRO iShares Core Dividend Growth 6.46% 339,666 $25.7M Add +2.3%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 5.61% 502,993 $22.4M Add +4.3%
FSCC Fed Hermes Small Cap Core 3.90% 416,300 $15.5M New
FESM Fidelity Enhanced Small Cap 3.76% 309,901 $15.0M Reduce -3.6%
SPTM SS SPDR P S&P 1500 Comp ETF 2.63% 115,622 $10.5M Reduce -2.5%
IVW iShares S&P 500 Growth ETF 2.26% 65,519 $9.0M Reduce -3.3%
VTI VG Morningstar TS MKT ETF-US 1.75% 18,882 $7.0M Add +0.0%
ITOT iShares Core S&P Total U.S. 1.11% 26,860 $4.4M Add +0.1%
IVE iShares S&P 500 Value ETF 0.86% 15,024 $3.4M Reduce -1.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.83% 27,941 $3.3M Reduce -6.1%
IJH iShares Core S&P Midcap ETF 0.78% 40,261 $3.1M Reduce -3.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.76% 35,008 $3.0M Reduce -6.2%
VB Vanguard Most SM-Cap ETF-Usd 0.55% 7,259 $2.2M Add +0.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.54% 2,881 $2.2M Add +2.1%
SDVY First Trust Smid Cap Rising 0.53% 48,725 $2.1M Add +1.6%
USMV iShares MSCI USA Min Vol Fac 0.49% 20,373 $2.0M Reduce -13.1%
DGRW Wisdomtree U.S. Quality Divi 0.48% 20,112 $1.9M Add +1.9%
SPYV SS SPDR P S&P 500 Value ETF 0.46% 30,425 $1.8M Reduce -6.5%
SPMD SS SPDR P S&P 400 Midcap ETF 0.45% 26,715 $1.8M Reduce -5.0%
IJR iShares Core S&P Small-Cap E 0.43% 11,434 $1.7M Reduce -2.5%
PYLD PIMCO Multisector Bond Actv 0.41% 61,379 $1.6M Add +9.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.38% 6,921 $1.5M Reduce -12.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.35% 17,339 $1.4M Add +0.6%
SPYM Ste STR SPDR PT S&P 500 ETF 0.33% 14,889 $1.3M Reduce -1.5%
MINO PIMCO Municipal Income Oppor 0.31% 27,319 $1.3M Add +7.7%
CGMM Cap Group Small and Mid Cap 0.28% 34,426 $1.1M Add +54.5%
IVV iShares Core S&P 500 ETF 0.26% 1,386 $1.0M Add +0.1%
NVDA Nvidia Corp. 0.24% 4,712 $943K Add +122.4%
BPRE Bluerock Private Real Estate 0.23% 71,422 $929K Reduce -9.2%
ARKK ARK Innovation ETF 0.23% 11,200 $905K Reduce -0.7%
IWR iShares Russell Mid-Cap ETF 0.22% 8,079 $891K Add +0.7%
HEFA Isha Curr Hedged MSCI Eafe 0.22% 18,980 $891K Reduce -5.3%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.21% 9,551 $840K Reduce -10.0%
SPSM SS SPDR P S&P 600 Small Cap 0.20% 14,118 $814K Reduce -6.9%
AMZN Amazon.com Inc. 0.20% 3,304 $787K New
VOO Vanguard S&P 500 ETF 0.19% 1,128 $775K Add +0.2%
KOMP SS SPDR S&P Kensho Ne Comp 0.19% 10,570 $756K Reduce -5.5%
ENTG Entegris Inc. 0.16% 3,632 $653K No change
IWM iShares Russell 2000 ETF 0.16% 2,114 $635K No change
XETYX Eaton Vance Tax-MGD Div Eqty 0.16% 42,544 $619K Add +2.0%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.15% 2,147 $587K No change
BOND PIMCO Active Bond Exchange-T 0.14% 5,988 $552K Add +10.0%
XEVTX Eaton Vance Tax-Adv DVD Inc. 0.14% 19,719 $546K Add +0.7%
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.12% 5,636 $483K Add +48.4%
VUSE Vident US Eqty Strat ETF 0.12% 6,651 $481K Add +0.1%
DUSA Davis Select US Equity ETF 0.12% 8,422 $473K No change
AIRR First Trust Rba American Ind 0.12% 3,487 $465K Add +33.9%
AAPL Apple Inc. 0.11% 1,557 $450K Add +24.9%
IWF iShares Russell 1000 Growth 0.11% 3,492 $434K No change
AMLP Alerian MLP ETF 0.11% 8,194 $425K Add +1.3%
XNTK SS SPDR Nyse Tech ETF 0.10% 1,053 $411K Add +0.1%
VXUS Vanguard Total Intl Stock 0.10% 4,478 $383K Add +0.4%
QQQ Invesco QQQ Trust Series 1 0.10% 515 $379K Add +12.7%
CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE 0.09% 9,815 $368K Add +0.1%
IXUS iShares Core Intl Stock ETF 0.09% 3,848 $367K No change
ARKG ARK Genomic Revolution ETF 0.09% 8,704 $366K Reduce -6.1%
MTUM iShares MSCI USA Momentum Fa 0.09% 1,040 $357K Add +0.1%
VIDI Vident Intl Eqty Strat ETF 0.09% 8,744 $341K Add +1.3%
IUSV iShares Core S&P U.S. Value 0.09% 3,083 $340K Add +0.3%
IWD iShares Russell 1000 Value E 0.09% 1,399 $339K No change
SCHX Schwab US Large-Cap ETF 0.08% 11,280 $332K No change
MSFT Microsoft Corp. 0.08% 851 $318K No change
GLD SPDR Gold Shares 0.08% 856 $315K Add +4.3%
QUAL iShares MSCI USA Quality Fac 0.08% 1,380 $303K Add +0.1%
SCHF Schwab Intl Equity ETF 0.07% 10,643 $295K No change
ETV Eaton Vance T/M Buy-Writ Opp 0.07% 18,826 $280K Add +2.0%
VIG Vanguard Dividend Apprec ETF 0.07% 1,174 $278K Reduce -56.8%
PEG Public Service Enterprise GP 0.07% 3,367 $273K No change
GOOG Alphabet Inc. Class C 0.07% 772 $273K New
MDYV SS SPDR S&P 400 MC Val ETF 0.07% 2,844 $270K Reduce -2.1%
MDT Medtronic PLC 0.07% 3,420 $268K Reduce -22.3%
FTCS First Trust Capital Strength 0.06% 2,665 $250K No change
EFA iShares MSCI Eafe ETF 0.06% 2,408 $250K No change
BRK.B Berkshire Hathaway Inc. Class B 0.06% 496 $248K No change
IVOG Vanguard S&P Mid-Cap 400 Gro 0.06% 1,601 $234K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.06% 4,533 $228K Reduce -14.9%
BILS SS Spdrb B 3-12M T-Bill ETF 0.06% 2,266 $225K No change
DNL Wisdmtree GB Ex-US QL GR-Usd 0.05% 4,731 $218K New
FTC First Trust Large Cap Growth 0.05% 1,080 $209K New
CXSE Wisdomtree China Ex-St Ow 0.05% 5,347 $208K No change
TER Teradyne Inc. 0.05% 428 $207K New
VIOO Vanguard S&P Small-Cap 600 E 0.05% 1,475 $203K New
XEXGX Eaton Vance Tax-Managed Glob 0.04% 16,270 $160K Add +2.1%

Portfolio Sells Q1 2026 → Q2 2026
CGXU Cap Group Intl Focus Reduce -0.4% 7.36% −1.96
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -2.5% 2.63% −0.85
FESM Fidelity Enhanced Small Cap Reduce -3.6% 3.76% −0.78
IVW iShares S&P 500 Growth ETF Reduce -3.3% 2.26% −0.59
IVE iShares S&P 500 Value ETF Reduce -1.5% 0.86% −0.34
USMV iShares MSCI USA Min Vol Fac Reduce -13.1% 0.49% −0.31
IJH iShares Core S&P Midcap ETF Reduce -3.2% 0.78% −0.26
VUG Vanguard Mrngstar GR ETF-Sui Reduce -6.2% 0.76% −0.25
BPRE Bluerock Private Real Estate Reduce -9.2% 0.23% −0.25
SPYG SS SPDR P S&P 500 Growth ETF Reduce -6.1% 0.83% −0.25
SPYV SS SPDR P S&P 500 Value ETF Reduce -6.5% 0.46% −0.22
VTV Vanguard Mrngstr Val ETF-Aui Reduce -12.1% 0.38% −0.20
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -5.0% 0.45% −0.17
VIG Vanguard Dividend Apprec ETF Reduce -56.8% 0.07% −0.15
IJR iShares Core S&P Small-Cap E Reduce -2.5% 0.43% −0.12
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -1.5% 0.33% −0.10
HEFA Isha Curr Hedged MSCI Eafe Reduce -5.3% 0.22% −0.09
VBK Van Morst SML-Cap Gro-Usd Inc. Sold out 0.00% −0.09
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -10.0% 0.21% −0.08
MDT Medtronic PLC Reduce -22.3% 0.07% −0.07
SPSM SS SPDR P S&P 600 Small Cap Reduce -6.9% 0.20% −0.07
ARKK ARK Innovation ETF Reduce -0.7% 0.23% −0.06
KOMP SS SPDR S&P Kensho Ne Comp Reduce -5.5% 0.19% −0.05
SPDW Ste STR SPDR PT DW Eu ETF Reduce -14.9% 0.06% −0.03
MDYV SS SPDR S&P 400 MC Val ETF Reduce -2.1% 0.07% −0.02
ARKG ARK Genomic Revolution ETF Reduce -6.1% 0.09% +0.00

Portfolio Buys Q1 2026 → Q2 2026
PVAL Putnam Focused LRG Cap Value New 11.07% +11.07
FLCG Fed Hermes Large Cap Growth New 6.66% +6.66
FSCC Fed Hermes Small Cap Core New 3.90% +3.90
AMZN Amazon.com Inc. New 0.20% +0.20
NVDA Nvidia Corp. Add +122.4% 0.24% +0.10
GOOG Alphabet Inc. Class C New 0.07% +0.07
DNL Wisdmtree GB Ex-US QL GR-Usd New 0.05% +0.05
FTC First Trust Large Cap Growth New 0.05% +0.05
TER Teradyne Inc. New 0.05% +0.05
VIOO Vanguard S&P Small-Cap 600 E New 0.05% +0.05
CGMM Cap Group Small and Mid Cap Add +54.5% 0.28% +0.04
ROBO Robo Global Robotics and Aut Add +48.4% 0.12% +0.02
AIRR First Trust Rba American Ind Add +33.9% 0.12% +0.01
XNTK SS SPDR Nyse Tech ETF Add +0.1% 0.10% +0.00
QQQ Invesco QQQ Trust Series 1 Add +12.7% 0.10% −0.00
MTUM iShares MSCI USA Momentum Fa Add +0.1% 0.09% −0.00
AAPL Apple Inc. Add +24.9% 0.11% −0.00
XEXGX Eaton Vance Tax-Managed Glob Add +2.1% 0.04% −0.01
QUAL iShares MSCI USA Quality Fac Add +0.1% 0.08% −0.02
ETV Eaton Vance T/M Buy-Writ Opp Add +2.0% 0.07% −0.02
VIDI Vident Intl Eqty Strat ETF Add +1.3% 0.09% −0.03
IUSV iShares Core S&P U.S. Value Add +0.3% 0.09% −0.03
VXUS Vanguard Total Intl Stock Add +0.4% 0.10% −0.03
VUSE Vident US Eqty Strat ETF Add +0.1% 0.12% −0.03
CGDG Cap Group Dividend Growers Add +0.1% 0.09% −0.04
XEVTX Eaton Vance Tax-Adv DVD Inc. Add +0.7% 0.14% −0.04
BOND PIMCO Active Bond Exchange-T Add +10.0% 0.14% −0.05
AMLP Alerian MLP ETF Add +1.3% 0.11% −0.05
GLD SPDR Gold Shares Add +4.3% 0.08% −0.05
VOO Vanguard S&P 500 ETF Add +0.2% 0.19% −0.06
XETYX Eaton Vance Tax-MGD Div Eqty Add +2.0% 0.16% −0.06
IWR iShares Russell Mid-Cap ETF Add +0.7% 0.22% −0.07
IVV iShares Core S&P 500 ETF Add +0.1% 0.26% −0.08
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.6% 0.35% −0.11
MINO PIMCO Municipal Income Oppor Add +7.7% 0.31% −0.11
PYLD PIMCO Multisector Bond Actv Add +9.3% 0.41% −0.14
SPY SS SPDR S&P 500 ETF Trust-US Add +2.1% 0.54% −0.14
VB Vanguard Most SM-Cap ETF-Usd Add +0.2% 0.55% −0.15
DGRW Wisdomtree U.S. Quality Divi Add +1.9% 0.48% −0.16
SDVY First Trust Smid Cap Rising Add +1.6% 0.53% −0.18
ITOT iShares Core S&P Total U.S. Add +0.1% 1.11% −0.31
VTI VG Morningstar TS MKT ETF-US Add +0.0% 1.75% −0.50
CGUS Cap Group Core Equity Add +4.3% 5.61% −1.27
DGRO iShares Core Dividend Growth Add +2.3% 6.46% −2.19
INCM Franklin Income Focus ETF Add +10.3% 8.01% −2.70
CGGR Cap Group Growth Equity Add +0.4% 11.06% −2.82
CGDV Cap Group Dividend Value Add +3.2% 12.62% −3.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 89$398.5MCGDV, PVAL, CGGR, INCM, CGXU
Q1 2026 81$269.2MCGDV, CGGR, INCM, CGXU, DGRO
Q4 2025 82$265.0MCGDV, CGGR, CGUS, INCM, DGRO
Q3 2025Amended 76$251.1MCGDV, CGGR, CGUS, INCM, DGRO
Q2 2025Amended 71$229.9MCGDV, CGGR, CGUS, INCM, DGRO
Q1 2025 68$204.0MCGDV, CGGR, INCM, DGRO, CGUS
Q4 2024 70$193.9MCGDV, CGGR, DGRO, CGUS, SPTM
Q3 2024 71$188.5MCGDV, CGGR, DGRO, CGUS, SPSM
Q2 2024 40$85.1MBSJO, BSJP, IWF, BSCO, BSCP
Q1 2024 68$168.9MCGDV, CGGR, DGRO, CGUS, SPTM