SUMMIT FINANCIAL GROUP INC

CIK

811808

Location

MOOREFIELD, WV

Portfolio Value

Small $146,739,173

Diversification

Diversified

Filing Date

Global Rank

#4,191 / 7,296 ▲ 52

Top Industry

Drug Manufacturers - General 14.9%

3Y Alpha vs SPY

-4.7%

Period ended 2 years ago

Filed Apr 5, 2024 · 2y

17 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

+56.4%

SPY

+76.3%

Annualised alpha

-4.7%

Max drawdown

−13.9%

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

109 positions · as of Mar 31, 2024 · Δ vs Dec 31, 2023

Top Position

8.0%

−0.1 pts

Top 5

29.8%

+0.9 pts

Top 10

45.1%

−0.1 pts

HHI

289

Diversified+5

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2024

Sector	% Portfolio	Value	Positions
Technology	17.0%	$24,930,369	15
Healthcare	15.5%	$22,736,527	16
Industrials	13.0%	$19,147,291	13
Unclassified	12.5%	$18,379,574	5
Consumer Defensive	12.5%	$18,337,100	13
Financial Services	8.7%	$12,789,810	15
Energy	6.1%	$8,983,919	5
Consumer Cyclical	5.2%	$7,608,519	8
Communication Services	4.2%	$6,207,344	6
Utilities	3.3%	$4,834,992	7
Basic Materials	1.2%	$1,745,844	4
Real Estate	0.7%	$1,037,884	2

Last Quarter's Activity

Export CSV

Mar 31, 2024 vs Dec 31, 2023

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
WMT	Walmart Inc.	+8,891	13,509	$812,836
SPY	Spdr S&P 500 ETF Trust	+863	21,086	$11,029,453
ACN	Accenture plc	+200	804	$278,674
CSCO	Cisco Systems, Inc.	+197	32,861	$1,640,092
JPM	Jpmorgan Chase & Co	+150	13,531	$2,710,258
KO	Coca Cola Co	+133	51,209	$3,132,966
MMM	3M Co	+110	3,316	$294,086
QQQ	Invesco Qqq Trust, Series 1	+105	10,628	$4,718,938
LLY	ELI LILLY & Co	+35	10,534	$8,195,030
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CSX	Csx Corp	−13,500	127,024	$4,708,779
T	At&T Inc.	−4,017	37,745	$664,312
AEP	American Electric Power Co Inc	−1,587	12,039	$1,036,557
RTX	RTX Corp	−1,021	20,773	$2,025,990
MSFT	Microsoft Corp	−863	27,951	$11,759,544
XOM	Exxon Mobil Corp	−745	48,160	$5,598,118
KHC	Kraft Heinz Co	−700	8,058	$297,340
PG	PROCTER & GAMBLE Co	−538	42,590	$6,910,226
CL	Colgate Palmolive Co	−515	11,456	$1,031,612
WELL	Welltower Inc.	−500	6,465	$604,089
GIS	General Mills Inc	−440	8,208	$574,313
SLB	Slb Limited/Nv	−395	12,237	$670,709
VZ	Verizon Communications Inc	−395	28,826	$1,209,538
WM	Waste Management Inc	−360	14,605	$3,113,055
PFE	Pfizer Inc	−350	31,902	$885,280
DD	DuPont de Nemours, Inc.	−322	4,165	$133,610
PEP	Pepsico Inc	−313	12,418	$2,173,273
SO	Southern Co	−300	9,734	$698,316
NEE	Nextera Energy Inc	−300	10,480	$669,776
DOW	Dow Inc.	−274	5,330	$308,766
IBM	International Business Machines Corp	−232	5,504	$1,051,043
HSY	Hershey Co	−225	5,225	$1,016,262
D	Dominion Energy, Inc	−216	6,252	$307,535
MRK	Merck & Co., Inc.	−210	7,044	$929,455
CAT	Caterpillar Inc	−210	3,142	$1,151,323
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
IAU	Ishares Gold Trust	6,544	$274,913
NVO	Novo Nordisk A S	1,750	$224,700
CI	Cigna Group	616	$223,724
MRSH	Marsh & Mclennan Companies, Inc.	993	$204,538
FBIN	Fortune Brands Innovations, Inc.	2,400	$203,208
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

109 positions · $146,739,173 total · as of Mar 31, 2024

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

Showing 1–50 of 109 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	27,951	-863	$11,759,544	+8.5%	8.01%
SPY	Spdr S&P 500 ETF Trust	Added	21,086	+863	$11,029,453	+14.7%	7.52%
LLY	ELI LILLY & Co Healthcare	Added	10,534	+35	$8,195,030	+33.9%	5.58%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	42,590	-538	$6,910,226	+9.3%	4.71%
JNJ	Johnson & Johnson Healthcare	Reduced	36,635	-186	$5,795,290	+0.4%	3.95%
XOM	Exxon Mobil Corp Energy	Reduced	48,160	-745	$5,598,118	+14.5%	3.82%
QQQ	Invesco Qqq Trust, Series 1	Added	10,628	+105	$4,718,938	+9.5%	3.22%
CSX	Csx Corp Industrials	Reduced	127,024	-13,500	$4,708,779	−3.3%	3.21%
AAPL	Apple Inc. Technology	Reduced	24,984	-150	$4,284,256	−11.5%	2.92%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	8,314	-165	$3,189,249	+8.5%	2.17%
KO	Coca Cola Co Consumer Defensive	Added	51,209	+133	$3,132,966	+4.1%	2.14%
WM	Waste Management Inc Industrials	Reduced	14,605	-360	$3,113,055	+16.1%	2.12%
JPM	Jpmorgan Chase & Co Financial Services	Added	13,531	+150	$2,710,258	+19.1%	1.85%
DIS	Walt Disney Co Communication Services	Reduced	20,055	-175	$2,453,929	+34.3%	1.67%
EMR	Emerson Electric Co Industrials	Held	19,877	0	$2,254,449	+16.5%	1.54%
PEP	Pepsico Inc Consumer Defensive	Reduced	12,418	-313	$2,173,273	+0.5%	1.48%
FISV	Fiserv Inc	Reduced	13,265	-50	$2,120,012	+19.9%	1.44%
RTX	RTX Corp Industrials	Reduced	20,773	-1,021	$2,025,990	+10.5%	1.38%
NSC	Norfolk Southern Corp Industrials	Reduced	7,378	-90	$1,880,430	+6.5%	1.28%
CVX	Chevron Corp Energy	Reduced	11,692	-100	$1,844,296	+4.9%	1.26%
ABBV	AbbVie Inc. Healthcare	Reduced	10,067	-70	$1,833,200	+16.7%	1.25%
AMZN	Amazon Com Inc Consumer Cyclical	Held	9,915	0	$1,788,467	+18.7%	1.22%
CSCO	Cisco Systems, Inc. Technology	Added	32,861	+197	$1,640,092	−0.6%	1.12%
EW	Edwards Lifesciences Corp Healthcare	Held	16,333	0	$1,560,781	+25.3%	1.06%
GD	General Dynamics Corp Industrials	Held	5,262	0	$1,486,462	+8.8%	1.01%
INTC	Intel Corp Technology	Reduced	33,393	-25	$1,474,968	−12.2%	1.01%
ICE	Intercontinental Exchange, Inc. Financial Services	Held	9,978	0	$1,371,276	+7.0%	0.93%
FCBC	First Community Bankshares Inc /Va/ Financial Services	Held	38,442	0	$1,331,245	−6.7%	0.91%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	3,102	0	$1,304,453	+17.9%	0.89%
ADSK	Autodesk, Inc. Technology	Held	5,000	0	$1,302,100	+7.0%	0.89%
VZ	Verizon Communications Inc Communication Services	Reduced	28,826	-395	$1,209,538	+9.8%	0.82%
CAT	Caterpillar Inc Industrials	Reduced	3,142	-210	$1,151,323	+16.2%	0.78%
GOOGL	Alphabet Inc. Communication Services	Held	7,176	0	$1,083,073	+8.0%	0.74%
APD	Air Products & Chemicals, Inc. Basic Materials	Held	4,400	0	$1,065,988	−11.5%	0.73%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	4,143	-100	$1,055,345	+11.8%	0.72%
IBM	International Business Machines Corp Technology	Reduced	5,504	-232	$1,051,043	+12.0%	0.72%
AEP	American Electric Power Co Inc Utilities	Reduced	12,039	-1,587	$1,036,557	−6.3%	0.71%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	11,456	-515	$1,031,612	+8.1%	0.70%
WFC	Wells Fargo & Company/Mn Financial Services	Held	17,635	0	$1,022,124	+17.8%	0.70%
HSY	Hershey Co Consumer Defensive	Reduced	5,225	-225	$1,016,262	+0.0%	0.69%
TFC	Truist Financial Corp Financial Services	Held	24,264	0	$945,810	+5.6%	0.64%
MRK	Merck & Co., Inc. Healthcare	Reduced	7,044	-210	$929,455	+17.5%	0.63%
HON	Honeywell International Inc Industrials	Reduced	4,792	-185	$927,009	−5.8%	0.63%
PFE	Pfizer Inc Healthcare	Reduced	31,902	-350	$885,280	−4.7%	0.60%
DUK	Duke Energy CORP Utilities	Reduced	9,057	-25	$875,902	−0.6%	0.60%
WMT	Walmart Inc. Consumer Defensive	Added	13,509	+8,891	$812,836	+234.9%	0.55%
RGCO	Rgc Resources Inc Utilities	Held	40,025	0	$810,106	−0.5%	0.55%
V	Visa Inc. Financial Services	Reduced	2,786	-50	$777,516	+5.3%	0.53%
PM	Philip Morris International Inc. Consumer Defensive	Held	8,485	0	$777,395	−2.6%	0.53%
QCOM	Qualcomm Inc/De Technology	Reduced	4,339	-35	$734,592	+16.1%	0.50%