Summit Investment Advisory Services, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed November 7, 2025), Summit Investment Advisory Services, LLC reported 71 stock positions worth $229.9 million. Its top holding was Cap Group Dividend Value (CGDV) at 16.7% of the portfolio, followed by Cap Group Growth Equity (CGGR, 14.4%) and Cap Group Core Equity (CGUS, 10.8%). Compared with Q1 2025, it opened 3 new positions, added to 34 and reduced 27. The biggest buy was Cap Group Growth Equity (CGGR, shares +5%) and the biggest sale iShares Core Dividend Growth (DGRO, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- ROSEVILLE, MN
- CIK
- 0001914395
- Portfolio Value
- $229.9M (Q2 2025)
- SEC Filing
- 0001951757-25-001318 ↗ filed Nov 7, 2025
Holdings Value
Holdings 71 stocks · $229.9M
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 16.68% | 971,220 | $38.4M | Add +4.3% |
| CGGR Cap Group Growth Equity | 14.38% | 813,441 | $33.1M | Add +5.3% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 10.78% | 671,048 | $24.8M | Add +5.9% |
| INCM Franklin Income Focus ETF | 10.73% | 912,184 | $24.7M | Add +3.1% |
| DGRO iShares Core Dividend Growth | 9.95% | 357,745 | $22.9M | Reduce -1.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.68% | 143,787 | $10.8M | Add +3.3% |
| FESM Fidelity Enhanced Small Cap | 4.36% | 313,068 | $10.0M | Add +6.4% |
| IVW iShares S&P 500 Growth ETF | 3.37% | 70,435 | $7.8M | Add +1.3% |
| VTI VG Morningstar TS MKT ETF-US | 2.47% | 18,702 | $5.7M | Add +0.8% |
| ITOT iShares Core S&P Total U.S. | 1.58% | 26,860 | $3.6M | Reduce -4.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.35% | 32,606 | $3.1M | Add +1.7% |
| IVE iShares S&P 500 Value ETF | 1.33% | 15,605 | $3.0M | Add +0.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.14% | 6,002 | $2.6M | No change |
| IJH iShares Core S&P Midcap ETF | 1.14% | 42,091 | $2.6M | Add +0.8% |
| USMV iShares MSCI USA Min Vol Fac | 1.02% | 24,972 | $2.3M | Reduce -0.3% |
| DGRW Wisdomtree U.S. Quality Divi | 0.83% | 22,757 | $1.9M | Add +1.3% |
| SDVY First Trust Smid Cap Rising | 0.80% | 52,338 | $1.8M | Reduce -4.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.76% | 33,384 | $1.7M | Add +4.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.76% | 2,826 | $1.7M | Add +0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.70% | 6,807 | $1.6M | Add +2.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.63% | 26,518 | $1.4M | Add +7.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.60% | 7,823 | $1.4M | Reduce -0.6% |
| IJR iShares Core S&P Small-Cap E | 0.49% | 10,336 | $1.1M | Reduce -0.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.47% | 14,741 | $1.1M | Add +16.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.44% | 3,595 | $1.0M | Reduce -0.1% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.43% | 36,303 | $985K | Add +44.1% |
| MINO PIMCO Municipal Income Oppor | 0.38% | 19,707 | $872K | Reduce -7.4% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.38% | 2,361 | $865K | Add +0.6% |
| IVV iShares Core S&P 500 ETF | 0.37% | 1,361 | $845K | Add +0.1% |
| ARKK ARK Innovation ETF | 0.34% | 11,258 | $791K | Reduce -6.6% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.34% | 20,786 | $789K | Reduce -1.5% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.33% | 31,788 | $766K | Reduce -13.1% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.32% | 47,594 | $736K | Add +1.6% |
| IWR iShares Russell Mid-Cap ETF | 0.31% | 7,691 | $707K | Add +0.0% |
| PYLD PIMCO Multisector Bond Actv | 0.30% | 25,794 | $685K | Add +79.8% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.29% | 12,451 | $677K | Reduce -1.1% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.28% | 15,088 | $643K | Reduce -0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.26% | 2,917 | $597K | No change |
| VOO Vanguard S&P 500 ETF | 0.23% | 912 | $518K | Reduce -2.5% |
| BOND PIMCO Active Bond Exchange-T | 0.21% | 5,330 | $491K | Reduce -0.5% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.21% | 2,147 | $483K | Reduce -1.7% |
| IWM iShares Russell 2000 ETF | 0.20% | 2,089 | $451K | Reduce -1.6% |
| VUSE Vident US Eqty Strat ETF | 0.18% | 6,619 | $417K | Add +0.1% |
| DUSA Davis Select US Equity ETF | 0.17% | 8,331 | $386K | Add +4.4% |
| IWF iShares Russell 1000 Growth | 0.16% | 873 | $371K | No change |
| MSFT Microsoft Corp. | 0.15% | 714 | $355K | Reduce -37.9% |
| AMLP Alerian MLP ETF | 0.15% | 7,242 | $354K | Add +1.4% |
| FVD First Trust Value Line DVD | 0.14% | 7,372 | $330K | Add +0.1% |
| PEG Public Service Enterprise GP | 0.14% | 3,701 | $312K | Reduce -2.0% |
| IXUS iShares Core Intl Stock ETF | 0.13% | 3,948 | $305K | Reduce -1.9% |
| MDT Medtronic PLC | 0.13% | 3,480 | $303K | Add +7.8% |
| NVDA Nvidia Corp. | 0.13% | 1,848 | $292K | Reduce -41.2% |
| SCHX Schwab US Large-Cap ETF | 0.12% | 11,280 | $276K | No change |
| BSX Boston Scientific Corp. | 0.12% | 2,532 | $272K | Reduce -2.2% |
| IWD iShares Russell 1000 Value E | 0.12% | 1,399 | $272K | No change |
| FTCS First Trust Capital Strength | 0.12% | 2,971 | $270K | No change |
| AAPL Apple Inc. | 0.12% | 1,308 | $268K | Reduce -35.5% |
| ARKG ARK Genomic Revolution ETF | 0.12% | 11,013 | $268K | Reduce -8.4% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.12% | 3,368 | $267K | Add +6.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 542 | $263K | Reduce -14.4% |
| QUAL iShares MSCI USA Quality Fac | 0.11% | 1,367 | $250K | Add +0.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.11% | 1,034 | $249K | Add +0.2% |
| VIDI Vident Intl Eqty Strat ETF | 0.11% | 8,370 | $247K | Reduce -13.7% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.10% | 17,332 | $240K | Add +2.2% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.10% | 2,266 | $225K | Reduce -10.0% |
| EFA iShares MSCI Eafe ETF | 0.09% | 2,408 | $215K | New |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.09% | 754 | $209K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.09% | 5,051 | $205K | New |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.08% | 22,362 | $193K | Add +2.4% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.06% | 14,945 | $131K | Add +2.4% |
| ACP Abrdn Income Credit Strat | 0.03% | 10,000 | $59K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| DGRO iShares Core Dividend Growth | Reduce -1.2% | 9.95% | −1.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.3% | 1.02% | −0.13 |
| ITOT iShares Core S&P Total U.S. | Reduce -4.7% | 1.58% | −0.11 |
| AAPL Apple Inc. | Reduce -35.5% | 0.12% | −0.10 |
| SDVY First Trust Smid Cap Rising | Reduce -4.2% | 0.80% | −0.09 |
| MINO PIMCO Municipal Income Oppor | Reduce -7.4% | 0.38% | −0.09 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -13.1% | 0.33% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.6% | 0.60% | −0.07 |
| MSFT Microsoft Corp. | Reduce -37.9% | 0.15% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -14.4% | 0.11% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.7% | 0.49% | −0.04 |
| NVDA Nvidia Corp. | Reduce -41.2% | 0.13% | −0.04 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -1.5% | 0.34% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Reduce -0.5% | 0.21% | −0.03 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -10.0% | 0.10% | −0.02 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.3% | 0.28% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.1% | 0.44% | −0.02 |
| PEG Public Service Enterprise GP | Reduce -2.0% | 0.14% | −0.02 |
| VIDI Vident Intl Eqty Strat ETF | Reduce -13.7% | 0.11% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -1.6% | 0.20% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -2.5% | 0.23% | −0.01 |
| BSX Boston Scientific Corp. | Reduce -2.2% | 0.12% | −0.01 |
| ARKG ARK Genomic Revolution ETF | Reduce -8.4% | 0.12% | −0.01 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -1.7% | 0.21% | −0.01 |
| IXUS iShares Core Intl Stock ETF | Reduce -1.9% | 0.13% | −0.01 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -1.1% | 0.29% | +0.01 |
| ARKK ARK Innovation ETF | Reduce -6.6% | 0.34% | +0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| CGGR Cap Group Growth Equity | Add +5.3% | 14.38% | +1.42 |
| CGDV Cap Group Dividend Value | Add +4.3% | 16.68% | +0.41 |
| CGUS Cap Group Core Equity | Add +5.9% | 10.78% | +0.40 |
| IVW iShares S&P 500 Growth ETF | Add +1.3% | 3.37% | +0.21 |
| CGXU Cap Group Intl Focus | Add +44.1% | 0.43% | +0.13 |
| PYLD PIMCO Multisector Bond Actv | Add +79.8% | 0.30% | +0.11 |
| FESM Fidelity Enhanced Small Cap | Add +6.4% | 4.36% | +0.10 |
| EFA iShares MSCI Eafe ETF | New | 0.09% | +0.09 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.09% | +0.09 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.09% | +0.09 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1.7% | 1.35% | +0.09 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +16.3% | 0.47% | +0.06 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +3.3% | 4.68% | +0.04 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +0.6% | 0.38% | +0.02 |
| MTUM iShares MSCI USA Momentum Fa | Add +0.2% | 0.11% | +0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +7.1% | 0.63% | +0.01 |
| DUSA Davis Select US Equity ETF | Add +4.4% | 0.17% | +0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +2.4% | 0.06% | −0.00 |
| VUSE Vident US Eqty Strat ETF | Add +0.1% | 0.18% | −0.00 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +6.6% | 0.12% | −0.00 |
| ETW Eaton Vance T/M GLBL Buy-WR | Add +2.4% | 0.08% | −0.00 |
| ETV Eaton Vance T/M Buy-Writ Opp | Add +2.2% | 0.10% | −0.01 |
| QUAL iShares MSCI USA Quality Fac | Add +0.2% | 0.11% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 0.37% | −0.01 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +1.6% | 0.32% | −0.01 |
| MDT Medtronic PLC | Add +7.8% | 0.13% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +0.0% | 0.31% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.76% | −0.01 |
| FVD First Trust Value Line DVD | Add +0.1% | 0.14% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.7% | 0.70% | −0.02 |
| AMLP Alerian MLP ETF | Add +1.4% | 0.15% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.8% | 2.47% | −0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +4.3% | 0.76% | −0.04 |
| DGRW Wisdomtree U.S. Quality Divi | Add +1.3% | 0.83% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Add +0.8% | 1.14% | −0.06 |
| IVE iShares S&P 500 Value ETF | Add +0.0% | 1.33% | −0.13 |
| INCM Franklin Income Focus ETF | Add +3.1% | 10.73% | −0.82 |
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 |