Summitry LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Summitry LLC reported 142 stock positions worth $2.0 billion. Its top holding was Fiserv (FISV) at 5.5% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 5.1%) and Amazon.com (AMZN, 4.7%). Compared with Q4 2024, it opened 13 new positions, sold out of 9, added to 96 and reduced 26. The biggest buy was a new position in iShares Ibonds Dec 2027 Term (IBTH) and the biggest sale an exit from iShares Ibonds Dec 2025 Term (IBTF).
- Most Recent 13F
- Q2 2026
- Location
- Foster City, CA
- CIK
- 0001280043
- Portfolio Value
- $2.0B (Q1 2025)
- SEC Filing
- 0001085146-25-003029 ↗ filed May 13, 2025
Holdings Value
Holdings 142 stocks · $2.0B
| FISV Fiserv Inc. | 5.50% | 491,678 | $108.6M | Reduce -5.3% |
| TSM Taiwan Semiconductor-SP ADR | 5.14% | 611,456 | $101.5M | Reduce -3.8% |
| AMZN Amazon.com Inc. | 4.71% | 488,641 | $93.0M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 4.28% | 546,632 | $84.5M | Add +0.3% |
| ULTA Ulta Beauty Inc. | 4.16% | 224,297 | $82.2M | Add +3.5% |
| V Visa Inc. Class A | 4.14% | 233,045 | $81.7M | Reduce -27.1% |
| META Meta Platforms Inc. Class A | 4.11% | 140,888 | $81.2M | Reduce -2.9% |
| SCHW Schwab (charles) Corp. | 4.08% | 1,029,545 | $80.6M | Add +1.3% |
| MA Mastercard Inc. Class A | 4.00% | 144,124 | $79.0M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 3.98% | 336,523 | $78.5M | Add +14.3% |
| A Agilent Technologies Inc. | 3.51% | 591,742 | $69.2M | Add +23.8% |
| WFC Wells Fargo & Co. | 3.25% | 894,062 | $64.2M | Reduce -2.2% |
| CARR Carrier Global Corp. | 3.13% | 973,638 | $61.7M | Add +83.3% |
| SBUX Starbucks Corp. | 2.99% | 601,689 | $59.0M | Add +10.5% |
| MSFT Microsoft Corp. | 2.84% | 149,354 | $56.1M | Add +5.6% |
| ROST Ross Stores Inc. | 2.75% | 424,194 | $54.2M | Add +20.2% |
| CRM Salesforce Inc. | 2.58% | 189,591 | $50.9M | Add +0.7% |
| NFLX Netflix Inc. | 2.28% | 48,248 | $45.0M | Reduce -1.4% |
| ZBRA Zebra Technologies Corp. Class A | 2.12% | 148,381 | $41.9M | Add +3.8% |
| STIP iShares 0-5 Year Tips Bond E | 1.95% | 371,070 | $38.4M | Reduce -1.1% |
| IBGA iShares Ibonds Dec 2044 ETF | 1.80% | 1,401,695 | $35.5M | Add +30.4% |
| MCO Moody's Corp. | 1.77% | 75,240 | $35.0M | Add +1.4% |
| IBDU iShares Ibonds Dec 2029 Term | 1.77% | 1,513,953 | $35.0M | Add +5.5% |
| GXO Gxo Logistics Inc. | 1.72% | 867,622 | $33.9M | Add +31.5% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.63% | 1,274,824 | $32.2M | Add +5.5% |
| IBTG iShares Ibonds Dec 2026 Term | 1.63% | 1,399,418 | $32.1M | Add +65.5% |
| IBTH iShares Ibonds Dec 2027 Term | 1.60% | 1,406,269 | $31.5M | New |
| ODFL Old Dominion Freight Line | 1.59% | 189,210 | $31.3M | Add +2.1% |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 1.54% | 1,177,788 | $30.4M | Add +5.1% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.52% | 1,441,348 | $29.9M | Add +5.2% |
| TFLO iShares Treasury Floating Ra | 1.26% | 491,325 | $24.9M | Reduce -6.6% |
| IBDY iShares Ibonds Dec 2033 Corp. | 1.24% | 955,689 | $24.4M | Add +4.4% |
| IBDX iShares Ibonds Dec 2032 TC | 1.08% | 853,783 | $21.3M | Add +4.9% |
| AAPL Apple Inc. | 0.45% | 40,156 | $8.9M | Add +85.1% |
| COR Cencora Inc. | 0.37% | 26,132 | $7.3M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.35% | 42,190 | $7.0M | Add +15.6% |
| PG The Procter & Gamble Co. | 0.35% | 40,978 | $7.0M | Add +9.7% |
| NVDA Nvidia Corp. | 0.35% | 64,319 | $7.0M | Add +4.0% |
| T AT&T Inc. | 0.35% | 246,373 | $7.0M | Add +1.6% |
| BAM Brookfield Asset Mgmt-A | 0.33% | 134,854 | $6.5M | Add +6.2% |
| CAT Caterpillar Inc. | 0.32% | 19,126 | $6.3M | Add +9.3% |
| MCD McDonald's Corp. | 0.32% | 20,157 | $6.3M | Add +8.3% |
| VZ Verizon Communications Inc. | 0.31% | 136,053 | $6.2M | Add +11.0% |
| CSCO Cisco Systems Inc. | 0.31% | 98,275 | $6.1M | Add +4.5% |
| EMR Emerson Electric Co. | 0.30% | 54,116 | $5.9M | Add +5.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 10,675 | $5.7M | Reduce -87.8% |
| KMB Kimberly-Clark Corp. | 0.28% | 39,170 | $5.6M | Add +7.1% |
| ETN Eaton Corp. PLC | 0.27% | 19,805 | $5.4M | Add +4.4% |
| MMM 3M Co. | 0.27% | 36,501 | $5.4M | Reduce -2.4% |
| USB US Bancorp | 0.26% | 123,023 | $5.2M | Add +8.1% |
| LMT Lockheed Martin Corp. | 0.26% | 11,490 | $5.1M | Add +12.6% |
| TGT Target Corp. | 0.24% | 46,345 | $4.8M | Add +9.9% |
| UPS United Parcel Service Class B | 0.22% | 39,671 | $4.4M | Add +17.9% |
| GOOG Alphabet Inc. Class C | 0.14% | 18,078 | $2.8M | Add +24.5% |
| SLP Simulations Plus Inc. | 0.11% | 85,500 | $2.1M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.08% | 2 | $1.6M | New |
| CB Chubb Ltd. | 0.08% | 5,200 | $1.6M | Add +5.7% |
| UNP Union Pacific Corp. | 0.07% | 6,024 | $1.4M | Add +0.4% |
| IVV iShares Core S&P 500 ETF | 0.04% | 1,484 | $834K | Reduce -8.8% |
| TSLA Tesla Inc. | 0.04% | 3,041 | $788K | Add +185.5% |
| ABBV Abbvie Inc. | 0.04% | 3,594 | $753K | Add +2.0% |
| QCOM Qualcomm Inc. | 0.04% | 4,650 | $714K | Add +4.0% |
| JPM JPMorgan Chase & Co. | 0.04% | 2,839 | $696K | Add +1.4% |
| K Kellanova | 0.03% | 8,342 | $688K | New |
| SYY Sysco Corp. | 0.03% | 8,709 | $654K | Reduce -88.0% |
| TIP iShares Tips Bond ETF | 0.03% | 5,805 | $645K | No change |
| SHEL Shell PLC-ADR | 0.03% | 8,768 | $643K | Add +6.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.03% | 6,198 | $612K | Reduce -20.8% |
| AVGO Broadcom Inc. | 0.03% | 3,553 | $595K | Add +4.5% |
| SO The Southern Co. | 0.03% | 6,150 | $565K | Add +0.8% |
| MFC Manulife Financial Corp. | 0.03% | 18,144 | $565K | Add +7.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.03% | 2,251 | $560K | Add +0.8% |
| KO The Coca-Cola Co. | 0.03% | 7,716 | $553K | Add +2.3% |
| PEP Pepsico Inc. | 0.03% | 3,574 | $536K | Reduce -4.4% |
| EOG EOG Resources Inc. | 0.03% | 4,021 | $516K | Reduce -11.4% |
| SAP Sap SE-Sponsored ADR | 0.03% | 1,881 | $505K | Add +8.3% |
| CVX Chevron Corp. | 0.03% | 3,009 | $503K | Reduce -5.6% |
| WMT Walmart Inc. | 0.03% | 5,685 | $499K | Add +2.4% |
| BLK BlackRock Inc. | 0.03% | 527 | $498K | Add +13.3% |
| ESS Essex Property Trust Inc. | 0.02% | 1,606 | $492K | Add +0.4% |
| EXLS Exlservice Holdings Inc. | 0.02% | 10,394 | $491K | Add +13.1% |
| HDB HDFC Bank Ltd.-ADR | 0.02% | 7,332 | $487K | Add +8.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.02% | 11,450 | $478K | Reduce -0.2% |
| HD Home Depot Inc. | 0.02% | 1,289 | $472K | Add +4.7% |
| SONY Sony Group Corp. - SP ADR | 0.02% | 18,276 | $464K | Add +8.9% |
| KHC The Kraft Heinz Co. | 0.02% | 15,202 | $463K | New |
| KNSL Kinsale Capital Group Inc. | 0.02% | 949 | $462K | Add +14.5% |
| HLN Haleon PLC-ADR | 0.02% | 44,792 | $461K | Add +7.2% |
| XOM Exxon Mobil Corp. | 0.02% | 3,846 | $457K | Add +2.5% |
| SPGI S&P Global Inc. | 0.02% | 865 | $440K | Add +0.9% |
| RBC RBC Bearings Inc. | 0.02% | 1,336 | $430K | Add +14.8% |
| COST Costco Wholesale Corp. | 0.02% | 453 | $428K | Add +57.8% |
| ROAD Construction Partners Inc. Class A | 0.02% | 5,945 | $427K | Add +15.9% |
| ORCL Oracle Corp. | 0.02% | 2,987 | $418K | Add +1.1% |
| KMX Carmax Inc. | 0.02% | 5,309 | $414K | Reduce -68.8% |
| LIN Linde PLC | 0.02% | 831 | $387K | Add +7.0% |
| ED Consolidated Edison Inc. | 0.02% | 3,462 | $383K | New |
| FMX Fomento Economico Mex-SP ADR | 0.02% | 3,772 | $368K | Add +14.1% |
| TXRH Texas Roadhouse Inc. | 0.02% | 2,188 | $365K | Add +14.2% |
| BKNG Booking Holdings Inc. | 0.02% | 79 | $364K | Add +1.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $4.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,048 | $2.5M | Reduce -0.4% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,702 | $2.1M | Reduce -2.1% |
Total filed on the 13F, all lines: $2.0B.
Portfolio Sells Q4 2024 → Q1 2025
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −1.96 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -87.8% | 0.29% | −1.67 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.8% | 5.14% | −1.02 |
| V Visa Inc. Class A | Reduce -27.1% | 4.14% | −0.82 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 4.71% | −0.61 |
| SYY Sysco Corp. | Reduce -88.0% | 0.03% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -2.9% | 4.11% | −0.06 |
| KMX Carmax Inc. | Reduce -68.8% | 0.02% | −0.05 |
| TFLO iShares Treasury Floating Ra | Reduce -6.6% | 1.26% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.01 |
| DIS The Walt Disney Co. | Reduce -20.8% | 0.03% | −0.01 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.01 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.01 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.01 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.01 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.01 |
| CAG Conagra Brands Inc. | Reduce -34.5% | 0.01% | −0.01 |
| ABEV Ambev SA-ADR | Sold out | 0.00% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -8.8% | 0.04% | −0.00 |
| VMRK Vivmark Residential | Reduce -25.8% | 0.01% | −0.00 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Reduce -41.3% | 0.01% | −0.00 |
| EOG EOG Resources Inc. | Reduce -11.4% | 0.03% | −0.00 |
| PEP Pepsico Inc. | Reduce -4.4% | 0.03% | −0.00 |
| BAC Bank of America Corp. | Reduce -0.2% | 0.02% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -1.5% | 0.02% | +0.00 |
| DE Deere & Co. | Reduce -0.8% | 0.02% | +0.00 |
| CVX Chevron Corp. | Reduce -5.6% | 0.03% | +0.00 |
| MMM 3M Co. | Reduce -2.4% | 0.27% | +0.03 |
| COR Cencora Inc. | Reduce -0.2% | 0.37% | +0.08 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -1.1% | 1.95% | +0.09 |
| WFC Wells Fargo & Co. | Reduce -2.2% | 3.25% | +0.10 |
| NFLX Netflix Inc. | Reduce -1.4% | 2.28% | +0.14 |
| FISV Fiserv Inc. | Reduce -5.3% | 5.50% | +0.26 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 4.00% | +0.27 |
Portfolio Buys Q4 2024 → Q1 2025
| IBTH iShares Ibonds Dec 2027 Term | New | 1.60% | +1.60 |
| CARR Carrier Global Corp. | Add +83.3% | 3.13% | +1.35 |
| IBTG iShares Ibonds Dec 2026 Term | Add +65.5% | 1.63% | +0.68 |
| SBUX Starbucks Corp. | Add +10.5% | 2.99% | +0.55 |
| IBGA iShares Ibonds Dec 2044 ETF | Add +30.4% | 1.80% | +0.51 |
| LOW Lowe's Cos Inc. | Add +14.3% | 3.98% | +0.41 |
| SCHW Schwab (charles) Corp. | Add +1.3% | 4.08% | +0.39 |
| A Agilent Technologies Inc. | Add +23.8% | 3.51% | +0.35 |
| GXO Gxo Logistics Inc. | Add +31.5% | 1.72% | +0.31 |
| AAPL Apple Inc. | Add +85.1% | 0.45% | +0.19 |
| IBDU iShares Ibonds Dec 2029 Term | Add +5.5% | 1.77% | +0.17 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +5.5% | 1.63% | +0.15 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +5.2% | 1.52% | +0.15 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | Add +5.1% | 1.54% | +0.14 |
| ROST Ross Stores Inc. | Add +20.2% | 2.75% | +0.13 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +4.4% | 1.24% | +0.11 |
| IBDX iShares Ibonds Dec 2032 TC | Add +4.9% | 1.08% | +0.10 |
| JNJ Johnson & Johnson | Add +15.6% | 0.35% | +0.10 |
| T AT&T Inc. | Add +1.6% | 0.35% | +0.08 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.08% | +0.08 |
| VZ Verizon Communications Inc. | Add +11.0% | 0.31% | +0.07 |
| MCD McDonald's Corp. | Add +8.3% | 0.32% | +0.05 |
| MCO Moody's Corp. | Add +1.4% | 1.77% | +0.05 |
| KMB Kimberly-Clark Corp. | Add +7.1% | 0.28% | +0.05 |
| PG The Procter & Gamble Co. | Add +9.7% | 0.35% | +0.05 |
| K Kellanova | New | 0.03% | +0.03 |
| CSCO Cisco Systems Inc. | Add +4.5% | 0.31% | +0.03 |
| KHC The Kraft Heinz Co. | New | 0.02% | +0.02 |
| ED Consolidated Edison Inc. | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +185.5% | 0.04% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | Add +12.6% | 0.26% | +0.02 |
| UPS United Parcel Service Class B | Add +17.9% | 0.22% | +0.01 |
| CB Chubb Ltd. | Add +5.7% | 0.08% | +0.01 |
| AWK American Water Works Co. Inc. | New | 0.01% | +0.01 |
| SITE Siteone Landscape Supply Inc. | New | 0.01% | +0.01 |
| MDT Medtronic PLC | New | 0.01% | +0.01 |
| ES Eversource Energy | New | 0.01% | +0.01 |
| HQY Healthequity Inc. | New | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +57.8% | 0.02% | +0.01 |
| KEY Keycorp | New | 0.01% | +0.01 |
| CAT Caterpillar Inc. | Add +9.3% | 0.32% | +0.01 |
| ABBV Abbvie Inc. | Add +2.0% | 0.04% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +24.5% | 0.14% | +0.01 |
| SHEL Shell PLC-ADR | Add +6.1% | 0.03% | +0.01 |
| VTRS Viatris Inc. | New | 0.01% | +0.01 |
| SONY Sony Group Corp. - SP ADR | Add +8.9% | 0.02% | +0.01 |
| KO The Coca-Cola Co. | Add +2.3% | 0.03% | +0.00 |
| UNP Union Pacific Corp. | Add +0.4% | 0.07% | +0.00 |
| EXLS Exlservice Holdings Inc. | Add +13.1% | 0.02% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.4% | 2,048 | $2.5M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.1% | 1,702 | $2.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 338 | $3.0B | V, AMZN, GOOGL, TSM, MA |
| Q1 2026Amended | 282 | $2.8B | TSM, AMZN, GOOGL, V, LOW |
| Q4 2025 | 249 | $2.4B | TSM, ULTA, AMZN, GOOGL, LOW |
| Q3 2025 | 220 | $2.4B | TSM, FISV, AMZN, ULTA, LOW |
| Q2 2025 | 174 | $2.2B | TSM, AMZN, META, FISV, ULTA |
| Q1 2025 | 142 | $2.0B | FISV, TSM, AMZN, GOOGL, ULTA |
| Q4 2024 | 138 | $2.0B | TSM, AMZN, FISV, GOOGL, V |
| Q3 2024 | 135 | $2.1B | TSM, FISV, AMZN, GOOGL, V |
| Q2 2024 | 113 | $1.9B | TSM, GOOGL, FISV, AMZN, V |
| Q1 2024 | 110 | $1.9B | TSM, FISV, ULTA, V, GOOGL |