Summitry LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Summitry LLC reported 249 stock positions worth $2.4 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 7.2% of the portfolio, followed by Ulta Beauty (ULTA, 5.1%) and Amazon.com (AMZN, 4.9%). Compared with Q3 2025, it opened 54 new positions, sold out of 25, added to 143 and reduced 43. The biggest buy was Ulta Beauty (ULTA, shares +1%) and the biggest sale Fiserv (FISV, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- Foster City, CA
- CIK
- 0001280043
- Portfolio Value
- $2.4B (Q4 2025)
- SEC Filing
- 0001941040-26-000079 ↗ filed Feb 9, 2026
Holdings Value
Holdings 249 stocks · $2.4B
| TSM Taiwan Semiconductor-SP ADR | 7.18% | 565,581 | $171.9M | Reduce -3.9% |
| ULTA Ulta Beauty Inc. | 5.12% | 202,865 | $122.7M | Add +0.7% |
| AMZN Amazon.com Inc. | 4.86% | 504,434 | $116.4M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 4.56% | 348,766 | $109.2M | Reduce -4.0% |
| LOW Lowe's Cos Inc. | 3.70% | 367,404 | $88.6M | Add +2.7% |
| MA Mastercard Inc. Class A | 3.56% | 149,425 | $85.3M | Add +1.6% |
| A Agilent Technologies Inc. | 3.54% | 623,513 | $84.8M | Add +0.0% |
| WFC Wells Fargo & Co. | 3.53% | 906,631 | $84.5M | Reduce -0.1% |
| TMO Thermo Fisher Scientific Inc. | 3.40% | 140,488 | $81.4M | Reduce -0.7% |
| ROST Ross Stores Inc. | 3.26% | 434,127 | $78.2M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.12% | 154,420 | $74.7M | Add +1.5% |
| SCHW Schwab (charles) Corp. | 2.95% | 707,286 | $70.7M | Add +2.1% |
| V Visa Inc. Class A | 2.85% | 194,792 | $68.3M | Add +3.0% |
| SBUX Starbucks Corp. | 2.72% | 774,050 | $65.2M | Add +1.7% |
| META Meta Platforms Inc. Class A | 2.51% | 90,918 | $60.0M | Add +11.8% |
| CRM Salesforce Inc. | 2.37% | 214,663 | $56.9M | Add +3.8% |
| CARR Carrier Global Corp. | 2.19% | 990,752 | $52.4M | Reduce -2.4% |
| FISV Fiserv Inc. | 2.18% | 776,201 | $52.1M | Reduce -10.6% |
| GXO Gxo Logistics Inc. | 1.97% | 894,593 | $47.1M | Add +0.3% |
| IBGA iShares Ibonds Dec 2044 ETF | 1.88% | 1,821,802 | $45.0M | Add +3.3% |
| RTO Rentokil Initial PLC-SP ADR | 1.82% | 1,475,957 | $43.5M | Add +1.7% |
| IBDU iShares Ibonds Dec 2029 Term | 1.79% | 1,837,008 | $43.0M | Add +3.1% |
| ZBRA Zebra Technologies Corp. Class A | 1.78% | 175,844 | $42.7M | Add +3.4% |
| MCO Moody's Corp. | 1.71% | 80,001 | $40.9M | Add +2.4% |
| STIP iShares 0-5 Year Tips Bond E | 1.49% | 347,762 | $35.6M | Reduce -0.8% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.48% | 1,391,684 | $35.4M | Add +2.9% |
| IBTG iShares Ibonds Dec 2026 Term | 1.45% | 1,522,715 | $34.8M | Add +3.0% |
| ODFL Old Dominion Freight Line | 1.43% | 218,175 | $34.2M | Add +5.4% |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 1.39% | 1,262,550 | $33.3M | Add +2.3% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.37% | 1,549,157 | $32.8M | Add +2.4% |
| NFLX Netflix Inc. | 1.28% | 327,099 | $30.7M | Add +3.0% |
| NVDA Nvidia Corp. | 1.21% | 155,103 | $28.9M | Reduce -4.3% |
| IBDY iShares Ibonds Dec 2033 Corp. | 1.12% | 1,022,638 | $26.7M | Add +2.4% |
| IBTQ iShares Ibonds Dec 2035 TT | 1.06% | 992,283 | $25.3M | Add +3.3% |
| AAPL Apple Inc. | 1.02% | 89,797 | $24.4M | Reduce -35.0% |
| IBTP iShares Ibonds Dec 2034 ETF | 0.93% | 859,319 | $22.2M | Add +3.2% |
| TFLO iShares Treasury Floating Ra | 0.87% | 410,909 | $20.7M | Add +1.7% |
| CAT Caterpillar Inc. | 0.54% | 22,508 | $12.9M | Add +1.7% |
| JNJ Johnson & Johnson | 0.46% | 52,957 | $11.0M | Add +3.8% |
| GOOG Alphabet Inc. Class C | 0.43% | 32,560 | $10.2M | Reduce -9.1% |
| CSCO Cisco Systems Inc. | 0.40% | 123,144 | $9.5M | Add +2.4% |
| BAM Brookfield Asset Mgmt-A | 0.35% | 162,090 | $8.5M | Add +6.4% |
| COR Cencora Inc. | 0.35% | 24,948 | $8.4M | Add +1.4% |
| PG The Procter & Gamble Co. | 0.34% | 57,338 | $8.2M | Add +9.0% |
| EMR Emerson Electric Co. | 0.34% | 60,494 | $8.0M | Add +3.9% |
| USB US Bancorp | 0.33% | 149,419 | $8.0M | Add +6.3% |
| MCD McDonald's Corp. | 0.32% | 25,297 | $7.7M | Add +7.3% |
| ETN Eaton Corp. PLC | 0.29% | 22,120 | $7.0M | Add +3.4% |
| VZ Verizon Communications Inc. | 0.28% | 161,751 | $6.6M | Add +6.5% |
| T AT&T Inc. | 0.27% | 262,016 | $6.5M | Add +5.7% |
| MMM 3M Co. | 0.27% | 39,925 | $6.4M | Add +3.3% |
| KMB Kimberly-Clark Corp. | 0.21% | 50,674 | $5.1M | Add +9.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 9,394 | $4.7M | Reduce -2.4% |
| AVGO Broadcom Inc. | 0.11% | 7,324 | $2.5M | Add +4.4% |
| TSLA Tesla Inc. | 0.09% | 4,803 | $2.2M | Add +6.7% |
| CB Chubb Ltd. | 0.08% | 6,337 | $2.0M | Add +11.9% |
| EFA iShares MSCI Eafe ETF | 0.08% | 20,413 | $2.0M | No change |
| PRF Invesco Rafi US 1000 ETF | 0.07% | 36,015 | $1.7M | New |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.06% | 48,417 | $1.5M | New |
| UNP Union Pacific Corp. | 0.06% | 6,435 | $1.5M | Add +0.9% |
| JPM JPMorgan Chase & Co. | 0.06% | 4,248 | $1.4M | Add +9.3% |
| HD Home Depot Inc. | 0.05% | 3,710 | $1.3M | Add +105.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.05% | 3,256 | $1.1M | New |
| DG Dollar General Corp. | 0.05% | 8,200 | $1.1M | Add +142.0% |
| SCHF Schwab Intl Equity ETF | 0.04% | 44,049 | $1.1M | Add +369.4% |
| IVV iShares Core S&P 500 ETF | 0.04% | 1,488 | $1.0M | Reduce -21.8% |
| VOO Vanguard S&P 500 ETF | 0.04% | 1,609 | $1.0M | New |
| CNC Centene Corp. | 0.04% | 23,672 | $974K | Add +19.4% |
| ABBV Abbvie Inc. | 0.04% | 4,206 | $961K | Add +2.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.04% | 897 | $960K | Add +34.1% |
| RBC RBC Bearings Inc. | 0.04% | 2,069 | $928K | Add +9.8% |
| WMT Walmart Inc. | 0.04% | 8,299 | $925K | Add +9.5% |
| LLY Eli Lilly & Co. | 0.04% | 839 | $902K | Add +9.1% |
| QCOM Qualcomm Inc. | 0.04% | 5,142 | $880K | Reduce -6.7% |
| ROAD Construction Partners Inc. Class A | 0.04% | 7,938 | $862K | Add +31.1% |
| SHEL Shell PLC-ADR | 0.04% | 11,508 | $846K | Add +10.6% |
| BIIB Biogen Inc. | 0.04% | 4,794 | $844K | Reduce -20.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 15,299 | $841K | Reduce -72.4% |
| EXLS Exlservice Holdings Inc. | 0.03% | 18,982 | $806K | Add +20.3% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.03% | 21,606 | $779K | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.03% | 1 | $755K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.03% | 2,517 | $746K | Add +5.3% |
| HDB HDFC Bank Ltd.-ADR | 0.03% | 20,353 | $744K | Add +10.4% |
| XOM Exxon Mobil Corp. | 0.03% | 6,065 | $730K | Add +14.7% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.03% | 3,944 | $720K | New |
| ESE Esco Technologies Inc. | 0.03% | 3,640 | $711K | Add +19.7% |
| GMED Globus Medical Inc. Class A | 0.03% | 7,994 | $698K | Add +18.6% |
| KO The Coca-Cola Co. | 0.03% | 9,893 | $692K | Add +6.9% |
| TXRH Texas Roadhouse Inc. | 0.03% | 4,064 | $675K | Add +19.8% |
| SO The Southern Co. | 0.03% | 7,597 | $662K | Reduce -3.3% |
| SYY Sysco Corp. | 0.03% | 8,937 | $659K | Reduce -3.6% |
| BLK BlackRock Inc. | 0.03% | 610 | $653K | Add +0.7% |
| GIS General Mills Inc. | 0.03% | 14,014 | $652K | Add +15.7% |
| MFC Manulife Financial Corp. | 0.03% | 17,881 | $649K | Add +12.2% |
| FMX Fomento Economico Mex-SP ADR | 0.03% | 6,398 | $647K | Add +32.9% |
| ORCL Oracle Corp. | 0.03% | 3,305 | $644K | Reduce -61.6% |
| AFL Aflac Inc. | 0.03% | 5,799 | $639K | New |
| TIP iShares Tips Bond ETF | 0.03% | 5,805 | $638K | No change |
| TAP Molson Coors Beverage Co. Class B | 0.03% | 13,656 | $637K | New |
| PEP Pepsico Inc. | 0.03% | 4,271 | $613K | Add +3.1% |
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 | 2,110 | $2.6M | Add +5.8% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,620 | $2.0M | Reduce -1.6% |
Total filed on the 13F, all lines: $2.4B.
Portfolio Sells Q3 2025 → Q4 2025
| FISV Fiserv Inc. | Reduce -10.6% | 2.18% | −2.56 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.53 |
| AAPL Apple Inc. | Reduce -35.0% | 1.02% | −0.47 |
| CARR Carrier Global Corp. | Reduce -2.4% | 2.19% | −0.38 |
| TGT Target Corp. | Reduce -96.6% | 0.01% | −0.22 |
| BAC Bank of America Corp. | Reduce -72.4% | 0.04% | −0.09 |
| ORCL Oracle Corp. | Reduce -61.6% | 0.03% | −0.08 |
| NVDA Nvidia Corp. | Reduce -4.3% | 1.21% | −0.07 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -0.8% | 1.49% | −0.05 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.02 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.02 |
| GE General Electric | Reduce -50.3% | 0.02% | −0.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.01 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.01 |
| LIN Linde PLC | Reduce -53.5% | 0.01% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.01 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.01 |
| CPB The Campbell's Company | Reduce -37.7% | 0.01% | −0.01 |
| MU Micron Technology Inc. | Reduce -70.0% | 0.01% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.01 |
| TREX Trex Company Inc. | Sold out | 0.00% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -21.8% | 0.04% | −0.01 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.01 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.01 |
| DBEF Xtrackers MSCI Eafe Hedged E | Sold out | 0.00% | −0.01 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.01 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.01 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.01 |
| TY Tri-Continental Corp. | Sold out | 0.00% | −0.01 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.01 |
| K Kellanova | Sold out | 0.00% | −0.01 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.01 |
| IIIV I3 Verticals Inc. Class A | Sold out | 0.00% | −0.01 |
| GEV GE Vernova Inc. | Reduce -50.8% | 0.01% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.4% | 0.20% | −0.01 |
| HSY The Hershey Co. | Reduce -33.0% | 0.01% | −0.01 |
| GILD Gilead Sciences Inc. | Reduce -42.3% | 0.01% | −0.01 |
| MRTN Marten Transport Ltd. | Sold out | 0.00% | −0.01 |
| AMT American Tower Corp. | Reduce -20.9% | 0.01% | −0.00 |
| SYY Sysco Corp. | Reduce -3.6% | 0.03% | −0.00 |
| NCA Nuveen California Muni Val | Sold out | 0.00% | −0.00 |
| SO The Southern Co. | Reduce -3.3% | 0.03% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -10.2% | 0.02% | −0.00 |
| ECC Eagle Point Credit Co. | Sold out | 0.00% | −0.00 |
| LH Labcorp Holdings Inc. | Reduce -8.9% | 0.01% | −0.00 |
| ABT Abbott Laboratories | Reduce -6.9% | 0.01% | −0.00 |
| CVX Chevron Corp. | Reduce -5.7% | 0.02% | −0.00 |
| QCOM Qualcomm Inc. | Reduce -6.7% | 0.04% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| ULTA Ulta Beauty Inc. | Add +0.7% | 5.12% | +0.46 |
| CRM Salesforce Inc. | Add +3.8% | 2.37% | +0.30 |
| RTO Rentokil Initial PLC-SP ADR | Add +1.7% | 1.82% | +0.26 |
| ODFL Old Dominion Freight Line | Add +5.4% | 1.43% | +0.19 |
| A Agilent Technologies Inc. | Add +0.0% | 3.54% | +0.15 |
| SCHW Schwab (charles) Corp. | Add +2.1% | 2.95% | +0.15 |
| MCO Moody's Corp. | Add +2.4% | 1.71% | +0.13 |
| V Visa Inc. Class A | Add +3.0% | 2.85% | +0.12 |
| CAT Caterpillar Inc. | Add +1.7% | 0.54% | +0.09 |
| PRF Invesco Rafi US 1000 ETF | New | 0.07% | +0.07 |
| FNDA Schwab Fndmntl US SM Co. ETF | New | 0.06% | +0.06 |
| JNJ Johnson & Johnson | Add +3.8% | 0.46% | +0.06 |
| CSCO Cisco Systems Inc. | Add +2.4% | 0.40% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.05% | +0.05 |
| USB US Bancorp | Add +6.3% | 0.33% | +0.05 |
| VOO Vanguard S&P 500 ETF | New | 0.04% | +0.04 |
| SCHF Schwab Intl Equity ETF | Add +369.4% | 0.04% | +0.04 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | New | 0.03% | +0.03 |
| DG Dollar General Corp. | Add +142.0% | 0.05% | +0.03 |
| JKHY Jack Henry & Associates Inc. | New | 0.03% | +0.03 |
| AFL Aflac Inc. | New | 0.03% | +0.03 |
| TAP Molson Coors Beverage Co. Class B | New | 0.03% | +0.03 |
| COR Cencora Inc. | Add +1.4% | 0.35% | +0.03 |
| IBDU iShares Ibonds Dec 2029 Term | Add +3.1% | 1.79% | +0.03 |
| SPEM State Street SP PTF Em ETF | New | 0.02% | +0.02 |
| MTB M & T Bank Corp. | New | 0.02% | +0.02 |
| HD Home Depot Inc. | Add +105.9% | 0.05% | +0.02 |
| MCD McDonald's Corp. | Add +7.3% | 0.32% | +0.02 |
| MA Mastercard Inc. Class A | Add +1.6% | 3.56% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.02% | +0.02 |
| IBTG iShares Ibonds Dec 2026 Term | Add +3.0% | 1.45% | +0.02 |
| NICE Nice Ltd. - Spon ADR | New | 0.02% | +0.02 |
| IBTQ iShares Ibonds Dec 2035 TT | Add +3.3% | 1.06% | +0.02 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +2.9% | 1.48% | +0.02 |
| DAL Delta Air Lines Inc. | New | 0.02% | +0.02 |
| PHM Pultegroup Inc. | New | 0.02% | +0.02 |
| CPAY Corpay Inc. | New | 0.02% | +0.02 |
| SCHX Schwab US Large-Cap ETF | New | 0.02% | +0.02 |
| CB Chubb Ltd. | Add +11.9% | 0.08% | +0.01 |
| CFG Citizens Financial Group | New | 0.01% | +0.01 |
| APO Apollo Global Management Inc. | New | 0.01% | +0.01 |
| HBAN Huntington Bancshares Inc. | New | 0.01% | +0.01 |
| VTRS Viatris Inc. | Add +120.7% | 0.02% | +0.01 |
| MMM 3M Co. | Add +3.3% | 0.27% | +0.01 |
| GMED Globus Medical Inc. Class A | Add +18.6% | 0.03% | +0.01 |
| LLY Eli Lilly & Co. | Add +9.1% | 0.04% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +34.1% | 0.04% | +0.01 |
| PWR Quanta Services Inc. | New | 0.01% | +0.01 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.01% | +0.01 |
| IBTP iShares Ibonds Dec 2034 ETF | Add +3.2% | 0.93% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +5.8% | 2,110 | $2.6M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -1.6% | 1,620 | $2.0M |
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 |