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

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $2.1B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $2.0B $2.0B Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $2.4B Q3 2025 Q4 2025: $2.4B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $3.0B Q2 2026

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%
ASML ASML Holding NV-NY Reg SHS 0.02% 544 $360K New
DE Deere & Co. 0.02% 767 $360K Reduce -0.8%
ADBE Adobe Inc. 0.02% 905 $347K Add +11.7%
DSGX The Descartes Systems Grp 0.02% 3,428 $346K Add +16.1%
NEE Nextera Energy Inc. 0.02% 4,847 $344K Reduce -1.5%
LLY Eli Lilly & Co. 0.02% 410 $339K Add +4.1%
ESE Esco Technologies Inc. 0.02% 2,001 $318K Add +13.6%
AAON Aaon Inc. 0.02% 4,048 $316K Add +20.5%
MELI MercadoLibre Inc. 0.02% 161 $314K Add +9.5%
MRK Merck & Co. Inc. 0.02% 3,495 $314K Add +9.4%
BCPC Balchem Corp. 0.02% 1,876 $311K Add +11.2%
EPD Enterprise Products Partners 0.02% 9,110 $311K No change
EXPO Exponent Inc. 0.02% 3,803 $308K Add +22.0%
GMED Globus Medical Inc. Class A 0.02% 4,146 $303K Add +14.9%
ONTO Onto Innovation Inc. 0.01% 2,404 $292K Add +12.6%
DEO Diageo PLC-Sponsored ADR 0.01% 2,776 $291K No change
CWST Casella Waste Systems Inc. Class A 0.01% 2,496 $278K Add +12.9%
NOVT Novanta Inc. 0.01% 2,165 $277K Add +23.1%
OLLI Ollie's Bargain Outlet Holdi 0.01% 2,365 $275K Add +14.1%
ALC Alcon Inc. filed as ALCON AG 0.01% 2,859 $271K Add +9.0%
VTR Ventas Inc. 0.01% 3,777 $260K Add +3.3%
CAG Conagra Brands Inc. 0.01% 9,349 $249K Reduce -34.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.01% 250 $247K Add +19.6%
BBVA Banco Bilbao Vizcaya-SP ADR 0.01% 17,791 $242K Reduce -41.3%
PDI PIMCO Dynamic Income Fund 0.01% 12,000 $238K No change
RIO Rio Tinto PLC-Spon ADR 0.01% 3,910 $235K Add +8.6%
AWK American Water Works Co. Inc. 0.01% 1,498 $221K New
BHP BHP Group Ltd.-Spon ADR 0.01% 4,524 $220K Add +8.8%
TXN Texas Instruments Inc. 0.01% 1,209 $217K Add +4.2%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.01% 3,000 $215K Reduce -25.8%
TREX Trex Company Inc. 0.01% 3,625 $211K Add +13.4%
SITE Siteone Landscape Supply Inc. 0.01% 1,717 $209K New
MDT Medtronic PLC 0.01% 2,280 $205K New
ES Eversource Energy 0.01% 3,244 $201K New
HQY Healthequity Inc. 0.01% 2,273 $201K New
OXFORD LANE CAP CORP 0.01% 40,000 $189K Add +33.3%
KEY Keycorp 0.01% 10,197 $163K New
XAI OCTAGN FLT RAT & ALT INM 0.01% 25,000 $148K Add +150.0%
CERT Certara Inc. 0.01% 13,182 $131K Add +13.1%
VTRS Viatris Inc. 0.01% 14,718 $128K New
ECC Eagle Point Credit Co. 0.00% 12,000 $97K No change
XAWPX Abrdn Global Premier Propert 0.00% 17,000 $66K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $4.6M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 2,048$2.5MReduce -0.4%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 1,702$2.1MReduce -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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 338$3.0BV, AMZN, GOOGL, TSM, MA
Q1 2026Amended 282$2.8BTSM, AMZN, GOOGL, V, LOW
Q4 2025 249$2.4BTSM, ULTA, AMZN, GOOGL, LOW
Q3 2025 220$2.4BTSM, FISV, AMZN, ULTA, LOW
Q2 2025 174$2.2BTSM, AMZN, META, FISV, ULTA
Q1 2025 142$2.0BFISV, TSM, AMZN, GOOGL, ULTA
Q4 2024 138$2.0BTSM, AMZN, FISV, GOOGL, V
Q3 2024 135$2.1BTSM, FISV, AMZN, GOOGL, V
Q2 2024 113$1.9BTSM, GOOGL, FISV, AMZN, V
Q1 2024 110$1.9BTSM, FISV, ULTA, V, GOOGL