Summit Asset Management, LLC

CIK

1509974

Location

MEMPHIS, TN

Portfolio Value

Small $165,832,751

Diversification

Diversified

Filing Date

Global Rank

#4,284 / 8,232 ▲ 230

Top Industry

Insurance - Diversified 11.6%

3Y Alpha vs SPY

-5.0%

Period ended 2 months ago

Filed May 8, 2026 · 36d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.7%

SPY

+76.5%

Annualised alpha

-5.0%

Max drawdown

−14.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

101 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.9%

−0.5 pts

Top 5

33.6%

−1.7 pts

Top 10

50.0%

−1.7 pts

HHI

358

Diversified−20

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	20.0%	$33,229,304	18
Technology	19.5%	$32,358,329	10
Industrials	15.2%	$25,250,115	21
Consumer Cyclical	14.5%	$23,963,574	11
Consumer Defensive	8.1%	$13,492,805	8
Healthcare	7.4%	$12,255,696	10
Unclassified	6.6%	$10,929,019	5
Energy	4.0%	$6,659,684	6
Communication Services	2.3%	$3,793,030	5
Utilities	1.9%	$3,128,811	5
Real Estate	0.5%	$772,384	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+5,143	41,740	$8,693,189
MSFT	Microsoft Corp	+2,012	20,268	$7,502,605
AAPL	Apple Inc.	+1,161	43,795	$11,114,733
GOOGL	Alphabet Inc.	+1,108	4,430	$1,273,890
PG	PROCTER & GAMBLE Co	+1,031	19,761	$2,854,278
WMT	Walmart Inc.	+924	48,584	$6,038,019
FHN	First Horizon Corp	+695	18,023	$410,203
NVDA	Nvidia Corp	+404	60,056	$10,473,766
CVX	Chevron Corp	+355	5,318	$1,100,294
ABT	Abbott Laboratories	+350	4,305	$441,994
TXN	Texas Instruments Inc	+323	1,751	$339,939
LOW	Lowes Companies Inc	+266	1,200	$283,536
HD	Home Depot, Inc.	+247	8,025	$2,639,342
MCD	Mcdonalds Corp	+200	1,734	$538,909
DUK	Duke Energy CORP	+168	3,329	$435,899
SO	Southern Co	+164	7,240	$698,804
SPY	Spdr S&P 500 ETF Trust	+155	2,177	$1,415,790
GE	General Electric Co	+128	980	$278,094
PEP	Pepsico Inc	+117	7,059	$1,096,192
COST	Costco Wholesale Corp /New	+99	1,190	$1,185,751
V	Visa Inc.	+98	5,379	$1,625,748
PGR	Progressive Corp/Oh/	+94	5,947	$1,178,933
QQQ	Invesco Qqq Trust, Series 1	+56	5,025	$2,900,329
ENB	Enbridge Inc	+50	5,495	$297,499
FDX	Fedex Corp	+47	7,914	$2,818,808
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CNH	CNH Industrial N.V.	−85,000	25,000	$275,000
VZ	Verizon Communications Inc	−1,643	11,033	$553,856
JNJ	Johnson & Johnson	−686	13,121	$3,207,297
JCI	Johnson Controls International plc	−542	20,500	$2,684,475
ORLY	O Reilly Automotive Inc	−434	7,006	$646,723
DIA	Spdr Dow Jones Industrial Average ETF Trust	−380	12,270	$5,683,341
EXPD	Expeditors International Of Washington Inc	−284	7,726	$1,106,594
TJX	Tjx Companies Inc /De/	−273	14,126	$2,255,922
PFE	Pfizer Inc	−270	19,069	$535,457
XOM	Exxon Mobil Corp	−190	24,078	$4,085,073
FAST	Fastenal Co	−164	15,399	$714,513
MAA	Mid America Apartment Communities Inc.	−141	4,396	$536,839
UNP	Union Pacific Corp	−137	6,406	$1,554,223
CSCO	Cisco Systems, Inc.	−127	5,987	$464,531
RTX	RTX Corp	−63	19,076	$3,679,760
WFC	Wells Fargo & Company/Mn	−60	7,695	$612,598
KO	Coca Cola Co	−55	20,985	$1,595,909
BMY	Bristol Myers Squibb Co	−50	6,059	$367,478
ORCL	Oracle Corp	−50	3,278	$482,226
EMR	Emerson Electric Co	−27	17,940	$2,350,498
PSX	Phillips 66	−23	1,877	$341,951
JPM	Jpmorgan Chase & Co	−19	11,588	$3,408,726
BRK-B	Berkshire Hathaway Inc	−19	37,583	$18,009,773
GEV	GE Vernova Inc.	−15	362	$315,989
SCHW	Schwab Charles Corp	−7	11,895	$1,117,892
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
PNFP	Pinnacle Financial Partners, Inc.	6,901	$594,452
COP	Conocophillips	2,185	$288,420
LRCX	Lam Research Corp	1,159	$247,631
NSC	Norfolk Southern Corp	815	$233,905
AVGO	Broadcom Inc.	665	$205,824
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CRM	Salesforce, Inc.	1,211	$320,806
OBDC	Blue Owl Capital Corp	20,000	$248,600
DIS	Walt Disney Co	1,926	$219,121
BLK	BlackRock, Inc.	190	$203,364
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

101 positions · $165,832,751 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 101 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	37,583	-19	$18,009,773	−4.7%	10.86%
AAPL	Apple Inc. Technology	Added	43,795	+1,161	$11,114,733	−4.1%	6.70%
NVDA	Nvidia Corp Technology	Added	60,056	+404	$10,473,766	−5.9%	6.32%
AMZN	Amazon Com Inc Consumer Cyclical	Added	41,740	+5,143	$8,693,189	+2.9%	5.24%
MSFT	Microsoft Corp Technology	Added	20,268	+2,012	$7,502,605	−15.0%	4.52%
AZO	Autozone Inc Consumer Cyclical	Added	2,046	+15	$6,910,937	+0.3%	4.17%
WMT	Walmart Inc. Consumer Defensive	Added	48,584	+924	$6,038,019	+13.7%	3.64%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	12,270	-380	$5,683,341	−6.5%	3.43%
IDXX	Idexx Laboratories Inc /De Healthcare	Held	7,706	0	$4,329,924	−16.9%	2.61%
XOM	Exxon Mobil Corp Energy	Reduced	24,078	-190	$4,085,073	+39.9%	2.46%
RTX	RTX Corp Industrials	Reduced	19,076	-63	$3,679,760	+4.8%	2.22%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	11,588	-19	$3,408,726	−8.9%	2.06%
JNJ	Johnson & Johnson Healthcare	Reduced	13,121	-686	$3,207,297	+12.2%	1.93%
QQQ	Invesco Qqq Trust, Series 1	Added	5,025	+56	$2,900,329	−5.0%	1.75%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	19,761	+1,031	$2,854,278	+6.3%	1.72%
FDX	Fedex Corp Industrials	Added	7,914	+47	$2,818,808	+24.0%	1.70%
JCI	Johnson Controls International plc Industrials	Reduced	20,500	-542	$2,684,475	+6.5%	1.62%
HD	Home Depot, Inc. Consumer Cyclical	Added	8,025	+247	$2,639,342	−1.4%	1.59%
BAC	Bank Of America Corp /De/ Financial Services	Held	48,673	0	$2,372,808	−11.4%	1.43%
EMR	Emerson Electric Co Industrials	Reduced	17,940	-27	$2,350,498	−1.4%	1.42%
DE	Deere & Co Industrials	Held	4,103	0	$2,311,219	+21.0%	1.39%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	14,126	-273	$2,255,922	+2.0%	1.36%
HON	Honeywell International Inc Industrials	Held	9,576	0	$2,164,463	+15.9%	1.31%
ROK	Rockwell Automation, Inc Industrials	Held	5,744	0	$2,061,406	−7.8%	1.24%
V	Visa Inc. Financial Services	Added	5,379	+98	$1,625,748	−12.2%	0.98%
KO	Coca Cola Co Consumer Defensive	Reduced	20,985	-55	$1,595,909	+8.5%	0.96%
UNP	Union Pacific Corp Industrials	Reduced	6,406	-137	$1,554,223	+2.7%	0.94%
SPY	Spdr S&P 500 ETF Trust	Added	2,177	+155	$1,415,790	+2.7%	0.85%
IBM	International Business Machines Corp Technology	Held	5,347	0	$1,296,059	−18.2%	0.78%
GOOGL	Alphabet Inc. Communication Services	Added	4,430	+1,108	$1,273,890	+22.5%	0.77%
LLY	ELI LILLY & Co Healthcare	Reduced	1,384	-2	$1,272,961	−14.5%	0.77%
NEE	Nextera Energy Inc Utilities	Added	13,702	+5	$1,272,641	+15.7%	0.77%
T	At&T Inc. Communication Services	Held	42,781	0	$1,240,221	+16.7%	0.75%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,190	+99	$1,185,751	+26.0%	0.72%
PGR	Progressive Corp/Oh/ Financial Services	Added	5,947	+94	$1,178,933	−11.5%	0.71%
SCHW	Schwab Charles Corp Financial Services	Reduced	11,895	-7	$1,117,892	−6.0%	0.67%
EXPD	Expeditors International Of Washington Inc Industrials	Reduced	7,726	-284	$1,106,594	−7.3%	0.67%
CVX	Chevron Corp Energy	Added	5,318	+355	$1,100,294	+45.5%	0.66%
PEP	Pepsico Inc Consumer Defensive	Added	7,059	+117	$1,096,192	+10.0%	0.66%
ABBV	AbbVie Inc. Healthcare	Added	4,910	+1	$1,067,875	−4.8%	0.64%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Held	20,500	0	$928,650	−9.4%	0.56%
GL	Globe Life Inc. Financial Services	Added	5,671	+2	$789,233	−0.5%	0.48%
MRK	Merck & Co., Inc. Healthcare	Held	6,441	0	$774,787	+14.3%	0.47%
FAST	Fastenal Co Industrials	Reduced	15,399	-164	$714,513	+14.4%	0.43%
SO	Southern Co Utilities	Added	7,240	+164	$698,804	+13.3%	0.42%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	1,108	0	$683,370	+2.2%	0.41%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	7,006	-434	$646,723	−4.7%	0.39%
MA	Mastercard Inc Financial Services	Held	1,276	0	$637,566	−12.5%	0.38%
RY	Royal Bank Of Canada Financial Services	Held	3,872	0	$626,412	−5.1%	0.38%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	7,695	-60	$612,598	−15.2%	0.37%