Summitry LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Summitry LLC reported 174 stock positions worth $2.2 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 6.2% of the portfolio, followed by Amazon.com (AMZN, 4.9%) and Meta Platforms Class A (META, 4.6%). Compared with Q1 2025, it opened 37 new positions, sold out of 5, added to 106 and reduced 22. The biggest buy was a new position in Thermo Fisher Scientific (TMO) and the biggest sale an exit from iShares Ibonds Dec 2027 Term (IBTH).

Most Recent 13F
Q2 2026
Location
Foster City, CA
CIK
0001280043
Portfolio Value
$2.2B (Q2 2025)
SEC Filing
0001941040-25-000465 ↗ filed Aug 8, 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 Q1 2025 Q2 2025: $2.2B $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 174 stocks · $2.2B
TSM Taiwan Semiconductor-SP ADR 6.25% 608,076 $137.7M Reduce -0.6%
AMZN Amazon.com Inc. 4.92% 494,477 $108.5M Add +1.2%
META Meta Platforms Inc. Class A 4.64% 138,648 $102.3M Reduce -1.6%
FISV Fiserv Inc. 4.22% 539,329 $93.0M Add +9.7%
ULTA Ulta Beauty Inc. 4.22% 198,758 $93.0M Reduce -11.4%
SCHW Schwab (charles) Corp. 3.85% 931,267 $85.0M Reduce -9.6%
MA Mastercard Inc. Class A 3.70% 145,235 $81.6M Add +0.8%
LOW Lowe's Cos Inc. 3.52% 349,435 $77.5M Add +3.8%
MSFT Microsoft Corp. 3.46% 153,107 $76.2M Add +2.5%
CARR Carrier Global Corp. 3.29% 991,223 $72.5M Add +1.8%
WFC Wells Fargo & Co. 3.28% 901,289 $72.2M Add +0.8%
A Agilent Technologies Inc. 3.25% 607,839 $71.7M Add +2.7%
V Visa Inc. Class A 2.95% 183,370 $65.1M Reduce -21.3%
GOOGL Alphabet Inc. Class A 2.91% 364,020 $64.2M Reduce -33.4%
SBUX Starbucks Corp. 2.60% 625,661 $57.3M Add +4.0%
TMO Thermo Fisher Scientific Inc. 2.55% 138,518 $56.2M New
ROST Ross Stores Inc. 2.48% 428,912 $54.7M Add +1.1%
CRM Salesforce Inc. 2.42% 195,840 $53.4M Add +3.3%
ZBRA Zebra Technologies Corp. Class A 2.26% 161,628 $49.8M Add +8.9%
GXO Gxo Logistics Inc. 1.97% 891,354 $43.4M Add +2.7%
IBGA iShares Ibonds Dec 2044 ETF 1.93% 1,714,751 $42.5M Add +22.3%
NFLX Netflix Inc. 1.90% 31,244 $41.8M Reduce -35.2%
IBDU iShares Ibonds Dec 2029 Term 1.84% 1,737,633 $40.5M Add +14.8%
MCO Moody's Corp. 1.75% 76,771 $38.5M Add +2.0%
STIP iShares 0-5 Year Tips Bond E 1.66% 354,682 $36.5M Reduce -4.4%
TFLO iShares Treasury Floating Ra 1.57% 685,401 $34.7M Add +39.5%
IBDT iShares Ibonds Dec 2028 ETF 1.54% 1,335,052 $33.9M Add +4.7%
IBTG iShares Ibonds Dec 2026 Term 1.51% 1,455,550 $33.4M Add +4.0%
ODFL Old Dominion Freight Line 1.45% 196,912 $32.0M Add +4.1%
IBDZ ISHARESIBONDSDEC2034TMCORP 1.45% 1,220,656 $31.9M Add +3.6%
IBDW iShares Ibonds Dec 2031 Corp. 1.43% 1,495,548 $31.5M Add +3.8%
RTO Rentokil Initial PLC-SP ADR 1.25% 1,147,455 $27.5M New
IBDX iShares Ibonds Dec 2032 TC 1.21% 1,053,450 $26.6M Add +23.4%
IBDY iShares Ibonds Dec 2033 Corp. 1.16% 988,455 $25.6M Add +3.4%
NVDA Nvidia Corp. 1.09% 151,497 $23.9M Add +135.5%
AAPL Apple Inc. 0.38% 40,674 $8.3M Add +1.3%
CSCO Cisco Systems Inc. 0.37% 119,006 $8.3M Add +21.1%
CAT Caterpillar Inc. 0.37% 21,160 $8.2M Add +10.6%
ALAB Astera Labs Inc. 0.37% 89,000 $8.0M New
BAM Brookfield Asset Mgmt-A 0.36% 144,578 $8.0M Add +7.2%
EMR Emerson Electric Co. 0.34% 56,915 $7.6M Add +5.2%
PG The Procter & Gamble Co. 0.34% 46,855 $7.5M Add +14.3%
ETN Eaton Corp. PLC 0.34% 20,839 $7.4M Add +5.2%
COR Cencora Inc. 0.33% 24,553 $7.4M Reduce -6.0%
JNJ Johnson & Johnson 0.33% 47,150 $7.2M Add +11.8%
T AT&T Inc. 0.32% 243,939 $7.1M Reduce -1.0%
MCD McDonald's Corp. 0.29% 21,963 $6.4M Add +9.0%
VZ Verizon Communications Inc. 0.28% 142,404 $6.2M Add +4.7%
LMT Lockheed Martin Corp. 0.27% 12,893 $6.0M Add +12.2%
USB US Bancorp 0.27% 131,572 $6.0M Add +7.0%
MMM 3M Co. 0.26% 37,879 $5.8M Add +3.8%
KMB Kimberly-Clark Corp. 0.26% 44,519 $5.7M Add +13.7%
TGT Target Corp. 0.25% 55,698 $5.5M Add +20.2%
GOOG Alphabet Inc. Class C 0.20% 25,081 $4.4M Add +38.7%
BRK.B Berkshire Hathaway Inc. Class B 0.20% 9,108 $4.4M Reduce -14.7%
CB Chubb Ltd. 0.07% 5,152 $1.5M Reduce -0.9%
SLP Simulations Plus Inc. 0.07% 85,500 $1.5M No change
UNP Union Pacific Corp. 0.06% 6,155 $1.4M Add +2.2%
IVV iShares Core S&P 500 ETF 0.05% 1,902 $1.2M Add +28.2%
AVGO Broadcom Inc. 0.05% 3,909 $1.1M Add +10.0%
TSLA Tesla Inc. 0.05% 3,155 $1.0M Add +3.8%
JPM JPMorgan Chase & Co. 0.04% 3,029 $878K Add +6.7%
K Kellanova 0.04% 11,014 $876K Add +32.0%
QCOM Qualcomm Inc. 0.03% 4,720 $752K Add +1.5%
SHEL Shell PLC-ADR 0.03% 10,446 $735K Add +19.1%
BRK.A Berkshire Hathaway Inc. Class A 0.03% 1 $729K Reduce -50.0%
SYY Sysco Corp. 0.03% 9,516 $721K Add +9.3%
INTU Intuit Inc. 0.03% 905 $713K New
HDB HDFC Bank Ltd.-ADR 0.03% 9,130 $700K Add +24.5%
SAP Sap SE-Sponsored ADR 0.03% 2,299 $699K Add +22.2%
MFC Manulife Financial Corp. 0.03% 21,734 $695K Add +19.8%
ORCL Oracle Corp. 0.03% 3,144 $687K Add +5.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 2,314 $682K Add +2.8%
RBC RBC Bearings Inc. 0.03% 1,753 $675K Add +31.2%
ROAD Construction Partners Inc. Class A 0.03% 6,181 $657K Add +4.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 13,703 $648K Add +19.7%
TIP iShares Tips Bond ETF 0.03% 5,805 $639K No change
WMT Walmart Inc. 0.03% 6,467 $632K Add +13.8%
SONY Sony Group Corp. - SP ADR 0.03% 22,839 $594K Add +25.0%
EXLS Exlservice Holdings Inc. 0.03% 13,380 $586K Add +28.7%
HLN Haleon PLC-ADR 0.03% 55,756 $578K Add +24.5%
ED Consolidated Edison Inc. 0.03% 5,682 $570K Add +64.1%
BLK BlackRock Inc. 0.03% 541 $567K Add +2.7%
SO The Southern Co. 0.03% 6,164 $566K Add +0.2%
ABBV Abbvie Inc. 0.03% 3,046 $565K Reduce -15.3%
KO The Coca-Cola Co. 0.03% 7,865 $556K Add +1.9%
TXRH Texas Roadhouse Inc. 0.02% 2,899 $543K Add +32.5%
CVX Chevron Corp. 0.02% 3,703 $530K Add +23.1%
ASML ASML Holding NV-NY Reg SHS 0.02% 652 $523K Add +19.9%
DG Dollar General Corp. 0.02% 4,550 $520K New
MELI MercadoLibre Inc. 0.02% 192 $502K Add +19.3%
HD Home Depot Inc. 0.02% 1,355 $497K Add +5.1%
ESE Esco Technologies Inc. 0.02% 2,569 $493K Add +28.4%
FMX Fomento Economico Mex-SP ADR 0.02% 4,746 $489K Add +25.8%
EOG EOG Resources Inc. 0.02% 4,029 $482K Add +0.2%
PEP Pepsico Inc. 0.02% 3,610 $477K Add +1.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 3,831 $475K Reduce -38.2%
BKNG Booking Holdings Inc. 0.02% 81 $469K Add +2.5%
SPGI S&P Global Inc. 0.02% 883 $466K Add +2.1%
ESS Essex Property Trust Inc. 0.02% 1,615 $458K Add +0.6%

Show all 174 holdings

Other holdings (2): bonds, preferreds, convertibles and warrants · $4.4M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 2,022$2.4MReduce -1.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 1,679$2.0MReduce -1.4%

Total filed on the 13F, all lines: $2.2B.

Portfolio Sells Q1 2025 → Q2 2025
IBTH iShares Ibonds Dec 2027 Term Sold out 0.00% −1.60
GOOGL Alphabet Inc. Class A Reduce -33.4% 2.91% −1.37
V Visa Inc. Class A Reduce -21.3% 2.95% −1.18
NFLX Netflix Inc. Reduce -35.2% 1.90% −0.38
STIP iShares 0-5 Year Tips Bond E Reduce -4.4% 1.66% −0.29
SCHW Schwab (charles) Corp. Reduce -9.6% 3.85% −0.23
UPS United Parcel Service Class B Sold out 0.00% −0.22
BRK.B Berkshire Hathaway Inc. Class B Reduce -14.7% 0.20% −0.09
BRK.A Berkshire Hathaway Inc. Class A Reduce -50.0% 0.03% −0.05
COR Cencora Inc. Reduce -6.0% 0.33% −0.03
T AT&T Inc. Reduce -1.0% 0.32% −0.03
ABBV Abbvie Inc. Reduce -15.3% 0.03% −0.01
CB Chubb Ltd. Reduce -0.9% 0.07% −0.01
KHC The Kraft Heinz Co. Reduce -33.7% 0.01% −0.01
ES Eversource Energy Sold out 0.00% −0.01
DIS The Walt Disney Co. Reduce -38.2% 0.02% −0.01
KMX Carmax Inc. Reduce -21.9% 0.01% −0.01
KEY Keycorp Sold out 0.00% −0.01
COST Costco Wholesale Corp. Reduce -29.4% 0.01% −0.01
VTRS Viatris Inc. Sold out 0.00% −0.01
ADBE Adobe Inc. Reduce -23.0% 0.01% −0.01
MRK Merck & Co. Inc. Reduce -6.6% 0.01% −0.00
KNSL Kinsale Capital Group Inc. Reduce -4.7% 0.02% −0.00
VTR Ventas Inc. Reduce -0.1% 0.01% −0.00
ULTA Ulta Beauty Inc. Reduce -11.4% 4.22% +0.05
META Meta Platforms Inc. Class A Reduce -1.6% 4.64% +0.53
TSM Taiwan Semiconductor-SP ADR Reduce -0.6% 6.25% +1.11

Portfolio Buys Q1 2025 → Q2 2025
TMO Thermo Fisher Scientific Inc. New 2.55% +2.55
RTO Rentokil Initial PLC-SP ADR New 1.25% +1.25
NVDA Nvidia Corp. Add +135.5% 1.09% +0.73
MSFT Microsoft Corp. Add +2.5% 3.46% +0.61
ALAB Astera Labs Inc. New 0.37% +0.37
TFLO iShares Treasury Floating Ra Add +39.5% 1.57% +0.31
GXO Gxo Logistics Inc. Add +2.7% 1.97% +0.25
AMZN Amazon.com Inc. Add +1.2% 4.92% +0.21
CARR Carrier Global Corp. Add +1.8% 3.29% +0.16
ZBRA Zebra Technologies Corp. Class A Add +8.9% 2.26% +0.14
IBGA iShares Ibonds Dec 2044 ETF Add +22.3% 1.93% +0.13
IBDX iShares Ibonds Dec 2032 TC Add +23.4% 1.21% +0.13
CSCO Cisco Systems Inc. Add +21.1% 0.37% +0.07
IBDU iShares Ibonds Dec 2029 Term Add +14.8% 1.84% +0.07
ETN Eaton Corp. PLC Add +5.2% 0.34% +0.06
GOOG Alphabet Inc. Class C Add +38.7% 0.20% +0.06
CAT Caterpillar Inc. Add +10.6% 0.37% +0.05
EMR Emerson Electric Co. Add +5.2% 0.34% +0.04
INTU Intuit Inc. New 0.03% +0.03
BAM Brookfield Asset Mgmt-A Add +7.2% 0.36% +0.03
WFC Wells Fargo & Co. Add +0.8% 3.28% +0.02
DG Dollar General Corp. New 0.02% +0.02
MO Altria Group Inc. New 0.02% +0.02
HRL Hormel Foods Corp. New 0.02% +0.02
CL Colgate-Palmolive Co. New 0.02% +0.02
AVGO Broadcom Inc. Add +10.0% 0.05% +0.02
BMY Bristol-Myers Squibb Co. New 0.02% +0.02
JPST JPMorgan Ultra-Short Income New 0.02% +0.02
BIIB Biogen Inc. New 0.02% +0.02
IBDR iShares Ibonds Dec 2026 Term New 0.01% +0.01
VERX Vertex Inc. Class A New 0.01% +0.01
IBDS Ishrs Ibnds Dec 27 Corp. ETF New 0.01% +0.01
GIS General Mills Inc. New 0.01% +0.01
CPB The Campbell's Company New 0.01% +0.01
MDLZ Mondelez International Inc. Class A New 0.01% +0.01
AGYS Agilysys Inc. New 0.01% +0.01
ADP Automatic Data Processing New 0.01% +0.01
NTES Netease Inc.-ADR New 0.01% +0.01
BAP Credicorp Ltd. New 0.01% +0.01
TYL Tyler Technologies Inc. New 0.01% +0.01
IVV iShares Core S&P 500 ETF Add +28.2% 0.05% +0.01
SPSC SPS Commerce Inc. New 0.01% +0.01
LMT Lockheed Martin Corp. Add +12.2% 0.27% +0.01
CHD Church & Dwight Co. Inc. New 0.01% +0.01
ABT Abbott Laboratories New 0.01% +0.01
SPXC SPX Technologies Inc. New 0.01% +0.01
BLKB Blackbaud Inc. New 0.01% +0.01
PH Parker Hannifin Corp. New 0.01% +0.01
VCEL Vericel Corp. New 0.01% +0.01
AMT American Tower Corp. New 0.01% +0.01

Notes & Other Activity Q1 2025 → Q2 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -1.3% 2,022 $2.4M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -1.4% 1,679 $2.0M

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