Summit Investment Advisory Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Summit Investment Advisory Services, LLC reported 76 stock positions worth $251.1 million. Its top holding was Cap Group Dividend Value (CGDV) at 16.3% of the portfolio, followed by Cap Group Growth Equity (CGGR, 14.5%) and Cap Group Core Equity (CGUS, 11.1%). Compared with Q2 2025, it opened 6 new positions, sold out of 1, added to 36 and reduced 23. The biggest buy was Cap Group Core Equity (CGUS, 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
- $251.1M (Q3 2025)
- SEC Filing
- 0001951757-25-001317 ↗ filed Nov 7, 2025
Holdings Value
Holdings 76 stocks · $251.1M
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 16.26% | 971,332 | $40.8M | Add +0.0% |
| CGGR Cap Group Growth Equity | 14.45% | 826,198 | $36.3M | Add +1.6% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 11.08% | 703,784 | $27.8M | Add +4.9% |
| INCM Franklin Income Focus ETF | 10.73% | 971,422 | $26.9M | Add +6.5% |
| DGRO iShares Core Dividend Growth | 9.61% | 354,296 | $24.1M | Reduce -1.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.67% | 145,485 | $11.7M | Add +1.2% |
| FESM Fidelity Enhanced Small Cap | 4.63% | 318,069 | $11.6M | Add +1.6% |
| IVW iShares S&P 500 Growth ETF | 3.37% | 70,093 | $8.5M | Reduce -0.5% |
| VTI VG Morningstar TS MKT ETF-US | 2.45% | 18,729 | $6.1M | Add +0.1% |
| ITOT iShares Core S&P Total U.S. | 1.56% | 26,893 | $3.9M | Add +0.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.29% | 31,062 | $3.2M | Reduce -4.7% |
| IVE iShares S&P 500 Value ETF | 1.27% | 15,402 | $3.2M | Reduce -1.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.19% | 6,226 | $3.0M | Add +3.7% |
| IJH iShares Core S&P Midcap ETF | 1.08% | 41,697 | $2.7M | Reduce -0.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.94% | 24,681 | $2.3M | Reduce -1.2% |
| DGRW Wisdomtree U.S. Quality Divi | 0.81% | 22,735 | $2.0M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.75% | 2,815 | $1.9M | Reduce -0.4% |
| SDVY First Trust Smid Cap Rising | 0.74% | 49,109 | $1.9M | Reduce -6.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.73% | 32,986 | $1.8M | Reduce -1.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.72% | 7,076 | $1.8M | Add +4.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.64% | 27,889 | $1.6M | Add +5.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.58% | 7,834 | $1.5M | Add +0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.49% | 15,860 | $1.2M | Add +7.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.48% | 4,118 | $1.2M | Add +14.6% |
| IJR iShares Core S&P Small-Cap E | 0.46% | 9,720 | $1.2M | Reduce -6.0% |
| PYLD PIMCO Multisector Bond Actv | 0.46% | 42,622 | $1.1M | Add +65.2% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.44% | 37,200 | $1.1M | Add +2.5% |
| MINO PIMCO Municipal Income Oppor | 0.41% | 22,864 | $1.0M | Add +16.0% |
| ARKK ARK Innovation ETF | 0.39% | 11,226 | $969K | Reduce -0.3% |
| IVV iShares Core S&P 500 ETF | 0.36% | 1,369 | $916K | Add +0.6% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.35% | 2,176 | $876K | Reduce -7.8% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.32% | 20,459 | $810K | Reduce -1.6% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.31% | 48,322 | $768K | Add +1.5% |
| IWR iShares Russell Mid-Cap ETF | 0.30% | 7,693 | $743K | Add +0.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.29% | 15,885 | $736K | Add +5.3% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.29% | 11,732 | $730K | Reduce -5.8% |
| VIG Vanguard Dividend Apprec ETF | 0.24% | 2,774 | $599K | Reduce -4.9% |
| VOO Vanguard S&P 500 ETF | 0.23% | 952 | $583K | Add +4.4% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.21% | 2,147 | $524K | No change |
| IWM iShares Russell 2000 ETF | 0.20% | 2,114 | $511K | Add +1.2% |
| BOND PIMCO Active Bond Exchange-T | 0.20% | 5,467 | $510K | Add +2.6% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.19% | 19,497 | $477K | Reduce -38.7% |
| VUSE Vident US Eqty Strat ETF | 0.18% | 6,632 | $441K | Add +0.2% |
| IWF iShares Russell 1000 Growth | 0.16% | 873 | $409K | No change |
| DUSA Davis Select US Equity ETF | 0.16% | 8,364 | $401K | Add +0.4% |
| MSFT Microsoft Corp. | 0.15% | 726 | $376K | Add +1.7% |
| AAPL Apple Inc. | 0.14% | 1,357 | $346K | Add +3.8% |
| NVDA Nvidia Corp. | 0.14% | 1,848 | $345K | No change |
| AMLP Alerian MLP ETF | 0.14% | 7,344 | $345K | Add +1.4% |
| FVD First Trust Value Line DVD | 0.14% | 7,369 | $341K | Reduce -0.0% |
| ENTG Entegris Inc. | 0.13% | 3,632 | $336K | New |
| VXUS Vanguard Total Intl Stock | 0.13% | 4,390 | $323K | New |
| IXUS iShares Core Intl Stock ETF | 0.13% | 3,848 | $318K | Reduce -2.5% |
| MDT Medtronic PLC | 0.12% | 3,291 | $313K | Reduce -5.4% |
| PEG Public Service Enterprise GP | 0.12% | 3,701 | $309K | No change |
| SCHX Schwab US Large-Cap ETF | 0.12% | 11,280 | $297K | No change |
| ARKG ARK Genomic Revolution ETF | 0.11% | 10,343 | $287K | Reduce -6.1% |
| IWD iShares Russell 1000 Value E | 0.11% | 1,399 | $285K | No change |
| FTCS First Trust Capital Strength | 0.11% | 2,939 | $275K | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 542 | $272K | No change |
| VIDI Vident Intl Eqty Strat ETF | 0.11% | 8,447 | $271K | Add +0.9% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.11% | 3,198 | $267K | Reduce -5.0% |
| QUAL iShares MSCI USA Quality Fac | 0.11% | 1,371 | $267K | Add +0.3% |
| MTUM iShares MSCI USA Momentum Fa | 0.11% | 1,036 | $266K | Add +0.2% |
| GLD SPDR Gold Shares | 0.11% | 746 | $265K | New |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.10% | 17,702 | $252K | Add +2.1% |
| BSX Boston Scientific Corp. | 0.10% | 2,532 | $247K | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.09% | 791 | $235K | Add +4.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.09% | 5,334 | $228K | Add +5.6% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.09% | 2,266 | $226K | No change |
| EFA iShares MSCI Eafe ETF | 0.09% | 2,408 | $225K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 374 | $225K | New |
| AIRR First Trust Rba American Ind | 0.09% | 2,282 | $221K | New |
| IJK iShares S&P Mid-Cap 400 Grow | 0.08% | 2,113 | $203K | New |
| XEXGX Eaton Vance Tax-Managed Glob | 0.06% | 15,277 | $139K | Add +2.2% |
| ACP Abrdn Income Credit Strat | 0.02% | 10,000 | $58K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| DGRO iShares Core Dividend Growth | Reduce -1.0% | 9.61% | −0.34 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -38.7% | 0.19% | −0.14 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.2% | 0.94% | −0.08 |
| ETW Eaton Vance T/M GLBL Buy-WR | Sold out | 0.00% | −0.08 |
| IVE iShares S&P 500 Value ETF | Reduce -1.3% | 1.27% | −0.06 |
| SDVY First Trust Smid Cap Rising | Reduce -6.2% | 0.74% | −0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -4.7% | 1.29% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.9% | 1.08% | −0.05 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -1.2% | 0.73% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -6.0% | 0.46% | −0.03 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -7.8% | 0.35% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -0.1% | 0.81% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.9% | 0.24% | −0.02 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -1.6% | 0.32% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.4% | 0.75% | −0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -5.0% | 0.11% | −0.01 |
| FTCS First Trust Capital Strength | Reduce -1.1% | 0.11% | −0.01 |
| FVD First Trust Value Line DVD | Reduce -0.0% | 0.14% | −0.01 |
| MDT Medtronic PLC | Reduce -5.4% | 0.12% | −0.01 |
| IXUS iShares Core Intl Stock ETF | Reduce -2.5% | 0.13% | −0.01 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -5.8% | 0.29% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.5% | 3.37% | −0.00 |
| ARKG ARK Genomic Revolution ETF | Reduce -6.1% | 0.11% | −0.00 |
| ARKK ARK Innovation ETF | Reduce -0.3% | 0.39% | +0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| CGUS Cap Group Core Equity | Add +4.9% | 11.08% | +0.31 |
| FESM Fidelity Enhanced Small Cap | Add +1.6% | 4.63% | +0.28 |
| PYLD PIMCO Multisector Bond Actv | Add +65.2% | 0.46% | +0.16 |
| ENTG Entegris Inc. | New | 0.13% | +0.13 |
| VXUS Vanguard Total Intl Stock | New | 0.13% | +0.13 |
| GLD SPDR Gold Shares | New | 0.11% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.09% | +0.09 |
| AIRR First Trust Rba American Ind | New | 0.09% | +0.09 |
| IJK iShares S&P Mid-Cap 400 Grow | New | 0.08% | +0.08 |
| CGGR Cap Group Growth Equity | Add +1.6% | 14.45% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.7% | 1.19% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +14.6% | 0.48% | +0.04 |
| MINO PIMCO Municipal Income Oppor | Add +16.0% | 0.41% | +0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +7.6% | 0.49% | +0.03 |
| AAPL Apple Inc. | Add +3.8% | 0.14% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.0% | 0.72% | +0.02 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +5.3% | 0.29% | +0.01 |
| CGXU Cap Group Intl Focus | Add +2.5% | 0.44% | +0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +5.2% | 0.64% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +1.2% | 0.20% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +4.4% | 0.23% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +4.9% | 0.09% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +5.6% | 0.09% | +0.00 |
| INCM Franklin Income Focus ETF | Add +6.5% | 10.73% | +0.00 |
| VIDI Vident Intl Eqty Strat ETF | Add +0.9% | 0.11% | +0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +2.2% | 0.06% | −0.00 |
| MTUM iShares MSCI USA Momentum Fa | Add +0.2% | 0.11% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.6% | 0.36% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +0.3% | 0.11% | −0.00 |
| ETV Eaton Vance T/M Buy-Writ Opp | Add +2.1% | 0.10% | −0.00 |
| MSFT Microsoft Corp. | Add +1.7% | 0.15% | −0.00 |
| VUSE Vident US Eqty Strat ETF | Add +0.2% | 0.18% | −0.01 |
| DUSA Davis Select US Equity ETF | Add +0.4% | 0.16% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +1.2% | 4.67% | −0.01 |
| BOND PIMCO Active Bond Exchange-T | Add +2.6% | 0.20% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +0.0% | 0.30% | −0.01 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +1.5% | 0.31% | −0.01 |
| AMLP Alerian MLP ETF | Add +1.4% | 0.14% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Add +0.1% | 1.56% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.1% | 0.58% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 2.45% | −0.02 |
| CGDV Cap Group Dividend Value | Add +0.0% | 16.26% | −0.42 |
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 |