Summit Investment Advisory Services, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 21, 2025), Summit Investment Advisory Services, LLC reported 70 stock positions worth $193.9 million. Its top holding was Cap Group Dividend Value (CGDV) at 16.7% of the portfolio, followed by Cap Group Growth Equity (CGGR, 15.4%) and iShares Core Dividend Growth (DGRO, 11.6%). Compared with Q3 2024, it opened 2 new positions, sold out of 3, added to 42 and reduced 15. The biggest buy was a new position in Fidelity Enhanced Small Cap (FESM) and the biggest sale SS SPDR P S&P 600 Small Cap (SPSM, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- ROSEVILLE, MN
- CIK
- 0001914395
- Portfolio Value
- $193.9M (Q4 2024)
- SEC Filing
- 0001951757-25-000089 ↗ filed Jan 21, 2025
Holdings Value
Holdings 70 stocks · $193.9M
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 16.75% | 921,074 | $32.5M | Add +4.0% |
| CGGR Cap Group Growth Equity | 15.43% | 805,259 | $29.9M | Add +3.4% |
| DGRO iShares Core Dividend Growth | 11.64% | 367,949 | $22.6M | Reduce -1.6% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 11.38% | 630,967 | $22.1M | Add +4.6% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 5.07% | 137,713 | $9.8M | Add +6.4% |
| FESM Fidelity Enhanced Small Cap | 4.75% | 284,858 | $9.2M | New |
| IVW iShares S&P 500 Growth ETF | 3.86% | 73,658 | $7.5M | Reduce -0.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.77% | 18,560 | $5.4M | Add +0.1% |
| ITOT iShares Core S&P Total U.S. | 1.84% | 27,763 | $3.6M | Reduce -0.7% |
| IVE iShares S&P 500 Value ETF | 1.71% | 17,373 | $3.3M | Reduce -2.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.52% | 33,633 | $3.0M | Add +2.4% |
| IJH iShares Core S&P Midcap ETF | 1.38% | 43,035 | $2.7M | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.30% | 6,155 | $2.5M | Add +0.0% |
| USMV iShares MSCI USA Min Vol Fac | 1.15% | 25,165 | $2.2M | Reduce -6.3% |
| INCM Franklin Income Focus ETF | 1.15% | 85,389 | $2.2M | Add +13.9% |
| SDVY First Trust Smid Cap Rising | 1.02% | 55,102 | $2.0M | Reduce -0.2% |
| DGRW Wisdomtree U.S. Quality Divi | 0.93% | 22,178 | $1.8M | Add +2.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.92% | 32,469 | $1.8M | Add +8.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.87% | 2,873 | $1.7M | Add +1.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.85% | 32,416 | $1.7M | Add +4.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.84% | 6,745 | $1.6M | Add +0.2% |
| JIRE JPMorgan Int Res Enh Eqty | 0.78% | 25,967 | $1.5M | Add +4.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.74% | 8,439 | $1.4M | Add +0.3% |
| IJR iShares Core S&P Small-Cap E | 0.64% | 10,752 | $1.2M | Add +0.6% |
| HDV iShares Core High Dividend E | 0.50% | 8,559 | $961K | Reduce -1.0% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.45% | 36,424 | $876K | Add +1.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.45% | 12,695 | $875K | Add +43.4% |
| IVV iShares Core S&P 500 ETF | 0.45% | 1,477 | $869K | Add +0.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.44% | 18,952 | $851K | Reduce -91.2% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.43% | 24,083 | $837K | Reduce -1.2% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.43% | 2,407 | $826K | Reduce -1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.42% | 3,058 | $808K | Add +3.6% |
| MINO PIMCO Municipal Income Oppor | 0.40% | 17,107 | $771K | Add +0.0% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.36% | 46,098 | $689K | Add +1.6% |
| IWR iShares Russell Mid-Cap ETF | 0.35% | 7,688 | $680K | Add +2.1% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.34% | 13,132 | $668K | Reduce -0.2% |
| ARKK ARK Innovation ETF | 0.31% | 10,731 | $609K | Add +4.1% |
| VIG Vanguard Dividend Apprec ETF | 0.30% | 2,950 | $578K | Reduce -7.5% |
| BOND PIMCO Active Bond Exchange-T | 0.26% | 5,629 | $509K | Reduce -5.6% |
| VOO Vanguard S&P 500 ETF | 0.26% | 932 | $502K | Add +0.5% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.25% | 19,735 | $487K | Add +34.0% |
| IWM iShares Russell 2000 ETF | 0.24% | 2,121 | $469K | Add +0.1% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.24% | 2,184 | $464K | No change |
| VUSE Vident US Eqty Strat ETF | 0.20% | 6,604 | $387K | Add +0.4% |
| ARKG ARK Genomic Revolution ETF | 0.19% | 15,251 | $359K | Reduce -6.3% |
| IWF iShares Russell 1000 Growth | 0.18% | 873 | $351K | No change |
| SCHX Schwab US Large-Cap ETF | 0.18% | 15,111 | $350K | No change |
| AMLP Alerian MLP ETF | 0.18% | 7,051 | $340K | Add +1.4% |
| DUSA Davis Select US Equity ETF | 0.17% | 7,983 | $336K | No change |
| MSFT Microsoft Corp. | 0.17% | 795 | $335K | No change |
| AAPL Apple Inc. | 0.17% | 1,311 | $328K | No change |
| FVD First Trust Value Line DVD | 0.16% | 7,253 | $317K | Add +0.1% |
| PEG Public Service Enterprise GP | 0.16% | 3,701 | $313K | No change |
| PYLD PIMCO Multisector Bond Actv | 0.16% | 11,706 | $303K | Add +54.9% |
| QUAL iShares MSCI USA Quality Fac | 0.15% | 1,581 | $282K | Add +0.3% |
| FTCS First Trust Capital Strength | 0.14% | 3,112 | $273K | Add +6.8% |
| IXUS iShares Core Intl Stock ETF | 0.14% | 4,026 | $266K | No change |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.14% | 3,303 | $265K | Add +12.1% |
| IWD iShares Russell 1000 Value E | 0.13% | 1,399 | $259K | No change |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.13% | 2,517 | $250K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 542 | $246K | Add +3.0% |
| VIDI Vident Intl Eqty Strat ETF | 0.12% | 9,693 | $241K | Add +3.1% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.12% | 16,607 | $239K | Add +2.1% |
| MTUM iShares MSCI USA Momentum Fa | 0.12% | 1,112 | $230K | Add +0.3% |
| NVDA Nvidia Corp. | 0.12% | 1,708 | $229K | No change |
| BSX Boston Scientific Corp. | 0.12% | 2,532 | $226K | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.11% | 753 | $211K | Add +0.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.11% | 2,246 | $204K | Add +0.1% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.09% | 21,328 | $180K | Add +2.4% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.06% | 14,260 | $117K | Add +2.4% |
Portfolio Sells Q3 2024 → Q4 2024
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -91.2% | 0.44% | −4.76 |
| DGRO iShares Core Dividend Growth | Reduce -1.6% | 11.64% | −0.79 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.18 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -6.3% | 1.15% | −0.15 |
| IVE iShares S&P 500 Value ETF | Reduce -2.1% | 1.71% | −0.15 |
| DNL Wisdmtree GB Ex-US QL GR-Usd | Sold out | 0.00% | −0.11 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.11 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.9% | 1.38% | −0.05 |
| SDVY First Trust Smid Cap Rising | Reduce -0.2% | 1.02% | −0.05 |
| HDV iShares Core High Dividend E | Reduce -1.0% | 0.50% | −0.04 |
| VIG Vanguard Dividend Apprec ETF | Reduce -7.5% | 0.30% | −0.04 |
| BOND PIMCO Active Bond Exchange-T | Reduce -5.6% | 0.26% | −0.04 |
| ARKG ARK Genomic Revolution ETF | Reduce -6.3% | 0.19% | −0.04 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -1.2% | 0.43% | −0.03 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.7% | 1.84% | −0.02 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -0.2% | 0.34% | −0.00 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.5% | 0.43% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.6% | 3.86% | +0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| FESM Fidelity Enhanced Small Cap | New | 4.75% | +4.75 |
| CGGR Cap Group Growth Equity | Add +3.4% | 15.43% | +1.06 |
| CGUS Cap Group Core Equity | Add +4.6% | 11.38% | +0.40 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +6.4% | 5.07% | +0.26 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +43.4% | 0.45% | +0.13 |
| BILS SS Spdrb B 3-12M T-Bill ETF | New | 0.13% | +0.13 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +2.4% | 1.52% | +0.08 |
| INCM Franklin Income Focus ETF | Add +13.9% | 1.15% | +0.07 |
| ARKK ARK Innovation ETF | Add +4.1% | 0.31% | +0.05 |
| PYLD PIMCO Multisector Bond Actv | Add +54.9% | 0.16% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.0% | 1.30% | +0.05 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +8.6% | 0.92% | +0.05 |
| CGXU Cap Group Intl Focus | Add +34.0% | 0.25% | +0.04 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +12.1% | 0.14% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.8% | 0.87% | +0.01 |
| ETV Eaton Vance T/M Buy-Writ Opp | Add +2.1% | 0.12% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +3.6% | 0.42% | +0.00 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +1.6% | 0.36% | +0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +0.1% | 0.11% | +0.00 |
| AMLP Alerian MLP ETF | Add +1.4% | 0.18% | +0.00 |
| FTCS First Trust Capital Strength | Add +6.8% | 0.14% | +0.00 |
| VUSE Vident US Eqty Strat ETF | Add +0.4% | 0.20% | −0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 0.26% | −0.00 |
| MTUM iShares MSCI USA Momentum Fa | Add +0.3% | 0.12% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.5% | 0.45% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Add +2.1% | 0.35% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.0% | 0.13% | −0.00 |
| ETW Eaton Vance T/M GLBL Buy-WR | Add +2.4% | 0.09% | −0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.1% | 0.11% | −0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +2.4% | 0.06% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +0.3% | 0.15% | −0.00 |
| IWM iShares Russell 2000 ETF | Add +0.1% | 0.24% | −0.01 |
| VIDI Vident Intl Eqty Strat ETF | Add +3.1% | 0.12% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.2% | 0.84% | −0.01 |
| FVD First Trust Value Line DVD | Add +0.1% | 0.16% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 2.77% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +4.2% | 0.85% | −0.02 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Add +1.1% | 0.45% | −0.02 |
| MINO PIMCO Municipal Income Oppor | Add +0.0% | 0.40% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Add +0.6% | 0.64% | −0.02 |
| DGRW Wisdomtree U.S. Quality Divi | Add +2.0% | 0.93% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.3% | 0.74% | −0.04 |
| JIRE JPMorgan Int Res Enh Eqty | Add +4.5% | 0.78% | −0.09 |
| CGDV Cap Group Dividend Value | Add +4.0% | 16.75% | −0.37 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 89 | $398.5M | CGDV, PVAL, CGGR, INCM, CGXU |
| Q1 2026 | 81 | $269.2M | CGDV, CGGR, INCM, CGXU, DGRO |
| Q4 2025 | 82 | $265.0M | CGDV, CGGR, CGUS, INCM, DGRO |
| Q3 2025Amended | 76 | $251.1M | CGDV, CGGR, CGUS, INCM, DGRO |
| Q2 2025Amended | 71 | $229.9M | CGDV, CGGR, CGUS, INCM, DGRO |
| Q1 2025 | 68 | $204.0M | CGDV, CGGR, INCM, DGRO, CGUS |
| Q4 2024 | 70 | $193.9M | CGDV, CGGR, DGRO, CGUS, SPTM |
| Q3 2024 | 71 | $188.5M | CGDV, CGGR, DGRO, CGUS, SPSM |
| Q2 2024 | 40 | $85.1M | BSJO, BSJP, IWF, BSCO, BSCP |
| Q1 2024 | 68 | $168.9M | CGDV, CGGR, DGRO, CGUS, SPTM |