Summit Investment Advisory Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Summit Investment Advisory Services, LLC reported 82 stock positions worth $265.0 million. Its top holding was Cap Group Dividend Value (CGDV) at 16.6% of the portfolio, followed by Cap Group Growth Equity (CGGR, 14.4%) and Cap Group Core Equity (CGUS, 11.2%). Compared with Q3 2025, it opened 7 new positions, sold out of 1, added to 47 and reduced 17. The biggest buy was a new position in Bluerock Private Real Estate (BPRE) and the biggest sale iShares Core Dividend Growth (DGRO, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- ROSEVILLE, MN
- CIK
- 0001914395
- Portfolio Value
- $265.0M (Q4 2025)
- SEC Filing
- 0001951757-26-000354 ↗ filed Feb 4, 2026
Holdings Value
Holdings 82 stocks · $265.0M
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 16.56% | 1,005,641 | $43.9M | Add +3.5% |
| CGGR Cap Group Growth Equity | 14.42% | 859,208 | $38.2M | Add +4.0% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 11.16% | 734,676 | $29.6M | Add +4.4% |
| INCM Franklin Income Focus ETF | 10.59% | 1,000,830 | $28.1M | Add +3.0% |
| DGRO iShares Core Dividend Growth | 9.15% | 349,101 | $24.2M | Reduce -1.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.72% | 151,685 | $12.5M | Add +4.3% |
| FESM Fidelity Enhanced Small Cap | 4.68% | 328,309 | $12.4M | Add +3.2% |
| IVW iShares S&P 500 Growth ETF | 3.25% | 69,830 | $8.6M | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 2.38% | 18,846 | $6.3M | Add +0.6% |
| ITOT iShares Core S&P Total U.S. | 1.50% | 26,804 | $4.0M | Reduce -0.3% |
| IVE iShares S&P 500 Value ETF | 1.25% | 15,657 | $3.3M | Add +1.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.16% | 28,899 | $3.1M | Reduce -7.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.15% | 6,244 | $3.0M | Add +0.3% |
| IJH iShares Core S&P Midcap ETF | 1.04% | 41,611 | $2.7M | Reduce -0.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.86% | 24,090 | $2.3M | Reduce -2.4% |
| DGRW Wisdomtree U.S. Quality Divi | 0.73% | 21,715 | $1.9M | Reduce -4.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.73% | 2,820 | $1.9M | Add +0.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.70% | 32,840 | $1.9M | Reduce -0.4% |
| SDVY First Trust Smid Cap Rising | 0.70% | 48,146 | $1.8M | Reduce -2.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.69% | 7,135 | $1.8M | Add +0.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.62% | 28,186 | $1.6M | Add +1.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.57% | 7,857 | $1.5M | Add +0.3% |
| IJR iShares Core S&P Small-Cap E | 0.53% | 11,735 | $1.4M | Add +20.7% |
| PYLD PIMCO Multisector Bond Actv | 0.51% | 50,830 | $1.4M | Add +19.3% |
| BPRE Bluerock Private Real Estate | 0.49% | 87,096 | $1.3M | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.47% | 15,464 | $1.2M | Reduce -2.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.46% | 4,192 | $1.2M | Add +1.8% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.42% | 37,268 | $1.1M | Add +0.2% |
| MINO PIMCO Municipal Income Oppor | 0.39% | 22,922 | $1.0M | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.36% | 1,391 | $953K | Add +1.6% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.34% | 2,177 | $899K | Add +0.1% |
| ARKK ARK Innovation ETF | 0.33% | 11,282 | $868K | Add +0.5% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.32% | 20,261 | $838K | Reduce -1.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.29% | 16,521 | $774K | Add +4.0% |
| IWR iShares Russell Mid-Cap ETF | 0.29% | 8,020 | $772K | Add +4.3% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.28% | 49,073 | $753K | Add +1.6% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.26% | 11,478 | $686K | Reduce -2.2% |
| VIG Vanguard Dividend Apprec ETF | 0.25% | 3,029 | $666K | Add +9.2% |
| BOND PIMCO Active Bond Exchange-T | 0.23% | 6,667 | $621K | Add +21.9% |
| VOO Vanguard S&P 500 ETF | 0.22% | 910 | $571K | Reduce -4.4% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.20% | 2,147 | $539K | No change |
| IWM iShares Russell 2000 ETF | 0.20% | 2,114 | $520K | No change |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.18% | 19,456 | $490K | Reduce -0.2% |
| VUSE Vident US Eqty Strat ETF | 0.17% | 6,637 | $438K | Add +0.1% |
| DUSA Davis Select US Equity ETF | 0.16% | 8,422 | $431K | Add +0.7% |
| MDT Medtronic PLC | 0.16% | 4,391 | $422K | Add +33.4% |
| IWF iShares Russell 1000 Growth | 0.16% | 873 | $413K | No change |
| MSFT Microsoft Corp. | 0.16% | 851 | $412K | Add +17.2% |
| AAPL Apple Inc. | 0.15% | 1,443 | $392K | Add +6.3% |
| NVDA Nvidia Corp. | 0.15% | 2,100 | $392K | Add +13.6% |
| AMLP Alerian MLP ETF | 0.14% | 7,988 | $376K | Add +8.8% |
| FVD First Trust Value Line DVD | 0.13% | 7,381 | $340K | Add +0.2% |
| VXUS Vanguard Total Intl Stock | 0.13% | 4,457 | $336K | Add +1.5% |
| IXUS iShares Core Intl Stock ETF | 0.12% | 3,848 | $326K | No change |
| IUSV iShares Core S&P U.S. Value | 0.12% | 3,063 | $314K | New |
| GLD SPDR Gold Shares | 0.12% | 786 | $312K | Add +5.4% |
| ENTG Entegris Inc. | 0.12% | 3,632 | $306K | No change |
| SCHX Schwab US Large-Cap ETF | 0.11% | 11,280 | $304K | No change |
| PEG Public Service Enterprise GP | 0.11% | 3,701 | $297K | No change |
| IWD iShares Russell 1000 Value E | 0.11% | 1,399 | $294K | No change |
| VIDI Vident Intl Eqty Strat ETF | 0.11% | 8,620 | $291K | Add +2.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 456 | $280K | Add +21.9% |
| CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE | 0.11% | 7,839 | $279K | New |
| XNTK SS SPDR Nyse Tech ETF | 0.10% | 1,000 | $278K | New |
| FTCS First Trust Capital Strength | 0.10% | 2,957 | $274K | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.10% | 544 | $273K | Add +0.4% |
| QUAL iShares MSCI USA Quality Fac | 0.10% | 1,375 | $273K | Add +0.3% |
| MTUM iShares MSCI USA Momentum Fa | 0.10% | 1,038 | $260K | Add +0.2% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.10% | 18,068 | $259K | Add +2.1% |
| SCHF Schwab Intl Equity ETF | 0.10% | 10,643 | $256K | New |
| ARKG ARK Genomic Revolution ETF | 0.10% | 8,775 | $254K | Reduce -15.2% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.09% | 2,945 | $249K | Reduce -7.9% |
| BSX Boston Scientific Corp. | 0.09% | 2,532 | $241K | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.09% | 793 | $239K | Add +0.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.09% | 5,383 | $239K | Add +0.9% |
| CGMM Cap Group Small and Mid Cap | 0.09% | 8,257 | $238K | New |
| AIRR First Trust Rba American Ind | 0.09% | 2,409 | $237K | Add +5.6% |
| EFA iShares MSCI Eafe ETF | 0.09% | 2,408 | $231K | No change |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.08% | 2,266 | $225K | No change |
| GOOG Alphabet Inc. Class C | 0.08% | 681 | $214K | New |
| IJK iShares S&P Mid-Cap 400 Grow | 0.08% | 2,086 | $202K | Reduce -1.3% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.06% | 15,602 | $149K | Add +2.1% |
Portfolio Sells Q3 2025 → Q4 2025
| DGRO iShares Core Dividend Growth | Reduce -1.5% | 9.15% | −0.46 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -7.0% | 1.16% | −0.13 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.4% | 3.25% | −0.12 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.4% | 0.86% | −0.08 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -4.5% | 0.73% | −0.07 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.3% | 1.50% | −0.06 |
| SDVY First Trust Smid Cap Rising | Reduce -2.0% | 0.70% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.2% | 1.04% | −0.05 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -2.2% | 0.26% | −0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -2.5% | 0.47% | −0.03 |
| ACP Abrdn Income Credit Strat | Sold out | 0.00% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -0.4% | 0.70% | −0.02 |
| ARKG ARK Genomic Revolution ETF | Reduce -15.2% | 0.10% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -4.4% | 0.22% | −0.02 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -7.9% | 0.09% | −0.01 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -1.0% | 0.32% | −0.01 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -0.2% | 0.18% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -1.3% | 0.08% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| BPRE Bluerock Private Real Estate | New | 0.49% | +0.49 |
| CGDV Cap Group Dividend Value | Add +3.5% | 16.56% | +0.30 |
| IUSV iShares Core S&P U.S. Value | New | 0.12% | +0.12 |
| CGDG Cap Group Dividend Growers | New | 0.11% | +0.11 |
| XNTK SS SPDR Nyse Tech ETF | New | 0.10% | +0.10 |
| SCHF Schwab Intl Equity ETF | New | 0.10% | +0.10 |
| CGMM Cap Group Small and Mid Cap | New | 0.09% | +0.09 |
| GOOG Alphabet Inc. Class C | New | 0.08% | +0.08 |
| IJR iShares Core S&P Small-Cap E | Add +20.7% | 0.53% | +0.07 |
| CGUS Cap Group Core Equity | Add +4.4% | 11.16% | +0.07 |
| PYLD PIMCO Multisector Bond Actv | Add +19.3% | 0.51% | +0.06 |
| FESM Fidelity Enhanced Small Cap | Add +3.2% | 4.68% | +0.05 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +4.3% | 4.72% | +0.05 |
| MDT Medtronic PLC | Add +33.4% | 0.16% | +0.03 |
| BOND PIMCO Active Bond Exchange-T | Add +21.9% | 0.23% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +21.9% | 0.11% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +9.2% | 0.25% | +0.01 |
| GLD SPDR Gold Shares | Add +5.4% | 0.12% | +0.01 |
| NVDA Nvidia Corp. | Add +13.6% | 0.15% | +0.01 |
| AAPL Apple Inc. | Add +6.3% | 0.15% | +0.01 |
| MSFT Microsoft Corp. | Add +17.2% | 0.16% | +0.01 |
| AMLP Alerian MLP ETF | Add +8.8% | 0.14% | +0.00 |
| DUSA Davis Select US Equity ETF | Add +0.7% | 0.16% | +0.00 |
| VIDI Vident Intl Eqty Strat ETF | Add +2.0% | 0.11% | +0.00 |
| AIRR First Trust Rba American Ind | Add +5.6% | 0.09% | +0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +2.1% | 0.06% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +0.9% | 0.09% | −0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +4.0% | 0.29% | −0.00 |
| VXUS Vanguard Total Intl Stock | Add +1.5% | 0.13% | −0.00 |
| ETV Eaton Vance T/M Buy-Writ Opp | Add +2.1% | 0.10% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +0.3% | 0.10% | −0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +0.3% | 0.09% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Add +4.3% | 0.29% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 0.10% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +1.6% | 0.36% | −0.01 |
| FTCS First Trust Capital Strength | Add +0.6% | 0.10% | −0.01 |
| FVD First Trust Value Line DVD | Add +0.2% | 0.13% | −0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +0.2% | 0.10% | −0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +0.1% | 0.34% | −0.01 |
| VUSE Vident US Eqty Strat ETF | Add +0.1% | 0.17% | −0.01 |
| IVE iShares S&P 500 Value ETF | Add +1.7% | 1.25% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.3% | 0.57% | −0.02 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +1.1% | 0.62% | −0.02 |
| MINO PIMCO Municipal Income Oppor | Add +0.3% | 0.39% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 0.73% | −0.02 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +1.6% | 0.28% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.8% | 0.69% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.8% | 0.46% | −0.02 |
| CGXU Cap Group Intl Focus | Add +0.2% | 0.42% | −0.02 |
| CGGR Cap Group Growth Equity | Add +4.0% | 14.42% | −0.03 |
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 |