Summit Investment Advisory Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Summit Investment Advisory Services, LLC reported 68 stock positions worth $204.0 million. Its top holding was Cap Group Dividend Value (CGDV) at 16.3% of the portfolio, followed by Cap Group Growth Equity (CGGR, 13.0%) and Franklin Income Focus ETF (INCM, 11.5%). Compared with Q4 2024, it opened 2 new positions, sold out of 4, added to 30 and reduced 30. The biggest buy was Franklin Income Focus ETF (INCM, shares +936%) and the biggest sale Cap Group Growth Equity (CGGR, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- ROSEVILLE, MN
- CIK
- 0001914395
- Portfolio Value
- $204.0M (Q1 2025)
- SEC Filing
- 0001951757-25-000327 ↗ filed Apr 11, 2025
Holdings Value
Holdings 68 stocks · $204.0M
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 16.27% | 931,088 | $33.2M | Add +1.1% |
| CGGR Cap Group Growth Equity | 12.96% | 772,161 | $26.4M | Reduce -4.1% |
| INCM Franklin Income Focus ETF | 11.55% | 884,643 | $23.6M | Add +936.0% |
| DGRO iShares Core Dividend Growth | 10.97% | 362,074 | $22.4M | Reduce -1.6% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 10.38% | 633,891 | $21.2M | Add +0.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.64% | 139,136 | $9.5M | Add +1.0% |
| FESM Fidelity Enhanced Small Cap | 4.25% | 294,200 | $8.7M | Add +3.3% |
| IVW iShares S&P 500 Growth ETF | 3.17% | 69,558 | $6.5M | Reduce -5.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.50% | 18,556 | $5.1M | Reduce -0.0% |
| ITOT iShares Core S&P Total U.S. | 1.69% | 28,189 | $3.4M | Add +1.5% |
| IVE iShares S&P 500 Value ETF | 1.46% | 15,599 | $3.0M | Reduce -10.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.26% | 32,068 | $2.6M | Reduce -4.7% |
| IJH iShares Core S&P Midcap ETF | 1.19% | 41,747 | $2.4M | Reduce -3.0% |
| USMV iShares MSCI USA Min Vol Fac | 1.15% | 25,039 | $2.3M | Reduce -0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.09% | 6,002 | $2.2M | Reduce -2.5% |
| SDVY First Trust Smid Cap Rising | 0.90% | 54,635 | $1.8M | Reduce -0.8% |
| DGRW Wisdomtree U.S. Quality Divi | 0.88% | 22,470 | $1.8M | Add +1.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.80% | 31,992 | $1.6M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.77% | 2,824 | $1.6M | Reduce -1.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.72% | 6,627 | $1.5M | Reduce -1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.67% | 7,868 | $1.4M | Reduce -6.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.62% | 24,764 | $1.3M | Reduce -23.7% |
| IJR iShares Core S&P Small-Cap E | 0.53% | 10,407 | $1.1M | Reduce -3.2% |
| MINO PIMCO Municipal Income Oppor | 0.47% | 21,279 | $952K | Add +24.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.46% | 3,597 | $930K | Add +17.6% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.42% | 36,562 | $851K | Add +0.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.41% | 12,678 | $834K | Reduce -0.1% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.38% | 21,095 | $766K | Reduce -12.4% |
| IVV iShares Core S&P 500 ETF | 0.37% | 1,359 | $764K | Reduce -8.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.36% | 2,346 | $725K | Reduce -2.5% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.33% | 46,823 | $668K | Add +1.6% |
| IWR iShares Russell Mid-Cap ETF | 0.32% | 7,690 | $654K | Add +0.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.30% | 15,141 | $617K | Reduce -20.1% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.30% | 25,193 | $617K | Add +27.7% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.29% | 12,588 | $585K | Reduce -4.1% |
| ARKK ARK Innovation ETF | 0.28% | 12,048 | $573K | Add +12.3% |
| VIG Vanguard Dividend Apprec ETF | 0.28% | 2,917 | $566K | Reduce -1.1% |
| BOND PIMCO Active Bond Exchange-T | 0.24% | 5,355 | $495K | Reduce -4.9% |
| VOO Vanguard S&P 500 ETF | 0.24% | 935 | $480K | Add +0.3% |
| AAPL Apple Inc. | 0.22% | 2,028 | $450K | Add +54.7% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.22% | 2,184 | $440K | No change |
| MSFT Microsoft Corp. | 0.21% | 1,149 | $431K | Add +44.5% |
| IWM iShares Russell 2000 ETF | 0.21% | 2,122 | $423K | Add +0.1% |
| PYLD PIMCO Multisector Bond Actv | 0.19% | 14,350 | $378K | Add +22.6% |
| VUSE Vident US Eqty Strat ETF | 0.18% | 6,612 | $375K | Add +0.1% |
| AMLP Alerian MLP ETF | 0.18% | 7,142 | $371K | Add +1.3% |
| NVDA Nvidia Corp. | 0.17% | 3,142 | $341K | Add +84.0% |
| DUSA Davis Select US Equity ETF | 0.17% | 7,983 | $338K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 633 | $337K | Add +16.8% |
| FVD First Trust Value Line DVD | 0.16% | 7,363 | $328K | Add +1.5% |
| IWF iShares Russell 1000 Growth | 0.15% | 873 | $315K | No change |
| PEG Public Service Enterprise GP | 0.15% | 3,777 | $311K | Add +2.0% |
| MDT Medtronic PLC | 0.14% | 3,228 | $290K | New |
| IXUS iShares Core Intl Stock ETF | 0.14% | 4,026 | $281K | No change |
| FTCS First Trust Capital Strength | 0.13% | 2,971 | $266K | Reduce -4.5% |
| IWD iShares Russell 1000 Value E | 0.13% | 1,399 | $263K | No change |
| BSX Boston Scientific Corp. | 0.13% | 2,588 | $261K | Add +2.2% |
| VIDI Vident Intl Eqty Strat ETF | 0.12% | 9,695 | $253K | Add +0.0% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.12% | 2,517 | $250K | No change |
| ARKG ARK Genomic Revolution ETF | 0.12% | 12,021 | $250K | Reduce -21.2% |
| SCHX Schwab US Large-Cap ETF | 0.12% | 11,280 | $249K | Reduce -25.4% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.12% | 3,159 | $243K | Reduce -4.4% |
| QUAL iShares MSCI USA Quality Fac | 0.11% | 1,364 | $233K | Reduce -13.7% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.11% | 16,952 | $224K | Add +2.1% |
| MTUM iShares MSCI USA Momentum Fa | 0.10% | 1,032 | $209K | Reduce -7.2% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.09% | 21,838 | $180K | Add +2.4% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.06% | 14,601 | $119K | Add +2.4% |
| ACP Abrdn Income Credit Strat | 0.03% | 10,000 | $59K | New |
Portfolio Sells Q4 2024 → Q1 2025
| CGGR Cap Group Growth Equity | Reduce -4.1% | 12.96% | −2.47 |
| JIRE JPMorgan Int Res Enh Eqty | Sold out | 0.00% | −0.78 |
| IVW iShares S&P 500 Growth ETF | Reduce -5.6% | 3.17% | −0.69 |
| DGRO iShares Core Dividend Growth | Reduce -1.6% | 10.97% | −0.67 |
| HDV iShares Core High Dividend E | Sold out | 0.00% | −0.50 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -23.7% | 0.62% | −0.29 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.0% | 2.50% | −0.27 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -4.7% | 1.26% | −0.26 |
| IVE iShares S&P 500 Value ETF | Reduce -10.2% | 1.46% | −0.25 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.5% | 1.09% | −0.21 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.0% | 1.19% | −0.19 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -20.1% | 0.30% | −0.14 |
| SDVY First Trust Smid Cap Rising | Reduce -0.8% | 0.90% | −0.12 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.8% | 0.72% | −0.12 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.11 |
| IJK iShares S&P Mid-Cap 400 Grow | Sold out | 0.00% | −0.11 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.2% | 0.53% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.7% | 0.77% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -8.0% | 0.37% | −0.07 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -2.5% | 0.36% | −0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -6.8% | 0.67% | −0.07 |
| ARKG ARK Genomic Revolution ETF | Reduce -21.2% | 0.12% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -25.4% | 0.12% | −0.06 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -4.1% | 0.29% | −0.06 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -12.4% | 0.38% | −0.06 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -1.3% | 0.80% | −0.05 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.1% | 0.41% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -13.7% | 0.11% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.1% | 0.28% | −0.02 |
| BOND PIMCO Active Bond Exchange-T | Reduce -4.9% | 0.24% | −0.02 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -4.4% | 0.12% | −0.02 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -7.2% | 0.10% | −0.02 |
| FTCS First Trust Capital Strength | Reduce -4.5% | 0.13% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.5% | 1.15% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| INCM Franklin Income Focus ETF | Add +936.0% | 11.55% | +10.40 |
| MDT Medtronic PLC | New | 0.14% | +0.14 |
| MINO PIMCO Municipal Income Oppor | Add +24.4% | 0.47% | +0.07 |
| AAPL Apple Inc. | Add +54.7% | 0.22% | +0.05 |
| CGXU Cap Group Intl Focus | Add +27.7% | 0.30% | +0.05 |
| NVDA Nvidia Corp. | Add +84.0% | 0.17% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +17.6% | 0.46% | +0.04 |
| MSFT Microsoft Corp. | Add +44.5% | 0.21% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +16.8% | 0.17% | +0.04 |
| ACP Abrdn Income Credit Strat | New | 0.03% | +0.03 |
| PYLD PIMCO Multisector Bond Actv | Add +22.6% | 0.19% | +0.03 |
| BSX Boston Scientific Corp. | Add +2.2% | 0.13% | +0.01 |
| AMLP Alerian MLP ETF | Add +1.3% | 0.18% | +0.01 |
| VIDI Vident Intl Eqty Strat ETF | Add +0.0% | 0.12% | −0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +2.4% | 0.06% | −0.00 |
| FVD First Trust Value Line DVD | Add +1.5% | 0.16% | −0.00 |
| ETW Eaton Vance T/M GLBL Buy-WR | Add +2.4% | 0.09% | −0.00 |
| PEG Public Service Enterprise GP | Add +2.0% | 0.15% | −0.01 |
| ETV Eaton Vance T/M Buy-Writ Opp | Add +2.1% | 0.11% | −0.01 |
| VUSE Vident US Eqty Strat ETF | Add +0.1% | 0.18% | −0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.24% | −0.02 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +1.6% | 0.33% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Add +0.0% | 0.32% | −0.03 |
| ARKK ARK Innovation ETF | Add +12.3% | 0.28% | −0.03 |
| IWM iShares Russell 2000 ETF | Add +0.1% | 0.21% | −0.03 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Add +0.4% | 0.42% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Add +1.3% | 0.88% | −0.05 |
| ITOT iShares Core S&P Total U.S. | Add +1.5% | 1.69% | −0.16 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +1.0% | 4.64% | −0.43 |
| CGDV Cap Group Dividend Value | Add +1.1% | 16.27% | −0.48 |
| FESM Fidelity Enhanced Small Cap | Add +3.3% | 4.25% | −0.50 |
| CGUS Cap Group Core Equity | Add +0.5% | 10.38% | −1.00 |
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 |