1y return+17.0%S&P 500 +20.9%
3y return+55.8%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $179 against $195 in the S&P 500.2
Summit Financial, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VTIVanguard Index Fds | $648.5M | 7.1% | +1.2% |
| VEUVanguard Intl Equity Index F | $294.1M | 3.2% | +1.7% |
| IVVIshares Tr | $225.7M | 2.5% | +17.8% |
| AAPLApple Inc | $196.9M | 2.2% | +3.1% |
| VUGVanguard Index Fds | $156.2M | 1.7% | +6.4% |
| NVDANvidia Corporation | $152.7M | 1.7% | +10.6% |
| VTVVanguard Index Fds | $125.8M | 1.4% | +4.4% |
| VOOVanguard Index Fds | $118.8M | 1.3% | +6.8% |
| SPYState Str Spdr S&p 500 Etf T | $113.2M | 1.2% | +1.7% |
| QQQMInvesco Exch Traded Fd Tr II | $108.0M | 1.2% | +3.5% |
| AMZNAmazon Com Inc | $98.9M | 1.1% | +1.7% |
| JBNDJ P Morgan Exchange Traded F | $93.8M | 1.0% | +5.4% |
| QQQInvesco Qqq Tr | $90.7M | 1.0% | |
| MSFTMicrosoft Corp | $86.8M | 1.0% | −1.9% |
| BRK/BBerkshire Hathaway Inc Del | $85.4M | 0.9% | +2.5% |
| SPYGSpdr Series Trust | $82.5M | 0.9% | +5.3% |
| PYLDPimco Etf Tr | $75.5M | 0.8% | +14.0% |
| GOOGAlphabet Inc | $66.1M | 0.7% | |
| SPYVSpdr Series Trust | $62.3M | 0.7% | +6.1% |
| ICSHIshares Tr | $60.8M | 0.7% | +1380.4% |
| VEAVanguard Tax-managed Fds | $57.2M | 0.6% | +3.7% |
| JPMJpmorgan Chase & Co | $57.1M | 0.6% | −11.1% |
| VBRVanguard Index Fds | $54.3M | 0.6% | +3.6% |
| AVGOBroadcom Inc | $54.3M | 0.6% | +1.8% |
| IEFAIshares Tr | $52.5M | 0.6% | −4.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2021 | +900.3% | $152.7M |
| AVGOBroadcom Inc | September 30, 2021 | +678.9% | $54.3M |
| AMDAdvanced Micro Devices Inc | September 30, 2021 | +464.5% | $38.7M |
| AMATApplied Matls Inc | June 30, 2021 | +407.7% | $40.0M |
| CATCaterpillar Inc | June 30, 2021 | +389.3% | $39.4M |
| LLYEli Lilly & Co | December 31, 2021 | +334.2% | $37.8M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $57.1M |
| SMHVaneck Etf Trust | March 31, 2025 | +210.2% | $43.4M |
| GOOGAlphabet Inc | June 30, 2021 | +182.0% | $66.1M |
| VUGVanguard Index Fds | June 30, 2020 | +155.7% | $156.2M |
Sold off last quarter
- GPZVaneck Etf Trust was $10.8M
- RKTRocket Cos Inc was $8.4M
- MISLFirst Tr Exchange-traded Fd was $6.7M
- Tri Pointe Homes IncCUSIP 87265H109 was $5.7M
- Honeywell Intl IncCUSIP 438516106 was $5.6M
- Seabridge Gold IncCUSIP 811916105 was $4.1M
- CTRACoterra Energy Inc was $3.9M
- SQQQProshares Tr was $3.1M
- HTRBHartford Fds Exchange Traded was $2.8M
- DLTRDollar Tree Inc was $2.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.4% | +14.8% |
| March 31, 2026 | −2.2% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +7.1% | +7.8% |
| June 30, 2025 | +8.4% | +10.5% |
| March 31, 2025 | −2.0% | −4.6% |
| December 31, 2024 | −0.2% | +2.1% |
| September 30, 2024 | +5.8% | +5.4% |
| June 30, 2024 | +2.4% | +4.0% |
| March 31, 2024 | +8.8% | +10.0% |
| December 31, 2023 | +11.2% | +11.2% |
| September 30, 2023 | −4.2% | −3.6% |
| June 30, 2023 | +7.1% | +8.3% |
| March 31, 2023 | +7.0% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Summit Financial, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1765536&type=13F-HR&dateb=&owner=include&count=40CIK 1765536
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1765536/000117266126003336/Filed August 12, 2026 · accession 0001172661-26-003336