SUMMIT FINANCIAL GROUP INC

Bank

CIK

811808

Location

MOOREFIELD, WV

Portfolio Value

Small $276,640,575

Diversification

Diversified

Filing Date

Global Rank

#4,238 / 7,434 ▼ 18 · as of Mar 2024

Top Industry

Drug Manufacturers - General 14.1%

Period ended 2 years ago

Filed Apr 5, 2024 · 2y

17 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Bank

SEC filer profile, Oct 18, 2026

SIC code

6022

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2024, never from the firm's own description.

Style

Diversified active

Top 10 weight 50.5%, 13.4 effective positions, active share 67.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

8.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 15.9 quarters (12+), a floor since 80.7% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 67.1%; sector active share 40.6% against the combined 13F book's sector weights.

Over time 17 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

25.1%

−0.8 pts

Top 5

39.8%

−0.2 pts

Top 10

50.5%

−0.3 pts

HHI

746

Diversified−37

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2024

Sector	% Portfolio	Value	Positions
Unclassified	50.8%	$140,637,227	78
Technology	9.3%	$25,664,692	15
Healthcare	8.2%	$22,790,077	16
Industrials	7.0%	$19,340,198	13
Consumer Defensive	6.6%	$18,337,100	13
Financial Services	6.6%	$18,133,673	19
Energy	3.2%	$8,983,919	5
Consumer Cyclical	2.9%	$8,075,606	8
Communication Services	2.5%	$6,873,644	7
Utilities	1.7%	$4,834,992	7
Basic Materials	0.7%	$1,931,563	4
Real Estate	0.4%	$1,037,884	2

Last Quarter's Activity

Export CSV

Mar 31, 2024 vs Dec 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IJH	iShares Core S&P Mid-Cap ETF	+73,638	92,740	$5,633,027
—		+9,923	219,386	$5,958,523
WMT	Walmart Inc.	+8,891	13,509	$812,836
IYG	iShares U.S. Financial Services ETF	+7,952	11,928	$790,826
EMXC	iShares MSCI Emerging Markets ex China ETF	+7,684	20,999	$1,208,912
XLF	State Street Corp	+6,365	39,985	$1,684,168
AGG	iShares Core U.S. Aggregate Bond ETF	+5,867	60,717	$5,946,622
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+3,255	17,458	$2,199,009
PAVE	Global X U.S. Infrastructure Development ETF	+3,150	57,280	$2,280,316
PFF	iShares Preferred and Income Securities ETF	+2,915	104,762	$3,376,478
IWM	iShares Russell 2000 ETF	+2,898	20,197	$4,247,429
AMLP	Alerian MLP ETF	+2,590	7,880	$373,984
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+1,385	5,220	$1,087,169
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+1,196	44,241	$2,268,678
—		+870	10,149	$1,392,645
SPY	Spdr S&P 500 ETF Trust	+863	21,086	$11,029,453
—		+782	32,455	$715,372
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	+470	15,995	$1,510,087
IWR	iShares Russell Mid-Cap ETF	+413	42,793	$3,598,462
IWF	iShares Russell 1000 Growth ETF	+402	7,757	$2,614,496
IYR	iShares U.S. Real Estate ETF	+380	4,465	$401,403
SMH	VanEck Semiconductor ETF	+315	9,665	$2,174,528
—		+280	26,477	$1,493,038
DVY	iShares Select Dividend ETF	+265	41,101	$5,062,820
ACN	Accenture plc	+200	804	$278,674
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
EEM	iShares MSCI Emerging Markets ETF	−13,412	68,929	$2,831,603
GOVT	iShares U.S. Treasury Bond ETF	−13,243	17,021	$387,568
FLOT	iShares Floating Rate Bond ETF	−4,127	4,585	$234,110
T	At&T Inc.	−4,017	37,745	$664,312
EFA	iShares MSCI EAFE ETF	−2,688	79,868	$6,378,258
COM	Direxion Auspice Broad Commodity Strategy ETF	−2,300	41,465	$1,173,459
IJR	iShares Core S&P Small-Cap ETF	−2,000	65,079	$7,192,531
IDV	iShares International Select Dividend ETF	−1,850	15,730	$441,069
SHY	iShares 1-3 Year Treasury Bond ETF	−1,812	18,103	$1,480,463
AEP	American Electric Power Co Inc	−1,587	12,039	$1,036,557
—		−1,455	2,630	$0
RSP	Victory Portfolios II	−1,332	50,251	$8,511,011
RTX	RTX Corp	−1,021	20,773	$2,025,990
VEA	Vanguard FTSE Developed Markets ETF	−1,000	42,439	$2,129,164
RZV	Victory Portfolios II	−910	6,660	$716,016
MSFT	Microsoft Corp	−863	27,951	$11,759,544
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−768	63,698	$2,660,665
SRLN	State Street(R) Blackstone Senior Loan ETF	−765	8,085	$340,459
XOM	ExxonMobil Holdings Corp	−745	48,160	$5,598,118
IVW	iShares S&P 500 Growth ETF	−730	19,856	$1,676,640
IWC	iShares Micro-Cap ETF	−700	2,050	$248,439
KHC	Kraft Heinz Co	−700	8,058	$297,340
VEU	Vanguard International Equity Index Funds	−699	38,165	$2,238,377
ROBO	ROBO Global Robotics and Automation Index ETF	−695	19,441	$1,140,020
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
PPH	VanEck Pharmaceutical ETF	3,835	$347,834
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

1 positions

Ticker	Company	Shares	Value	Open
ACWX	iShares MSCI ACWI ex U.S. ETF	5,037	$257,088
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

187 tracked positions · $276,640,575 total · filing declares 258 positions · $281,264,099 · 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 187 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	27,951	-863	$11,759,544	+8.5%	17+	before history	4.25%
SPY	Spdr S&P 500 ETF Trust	Added	21,086	+863	$11,029,453	+14.7%	17+	before history	3.99%
RSP	Victory Portfolios II	Reduced	50,251	-1,332	$8,511,011	+4.6%	17+	before history	3.08%
LLY	ELI LILLY & Co Healthcare	Added	10,534	+35	$8,195,030	+33.9%	17+	before history	2.96%
IJR	iShares Core S&P Small-Cap ETF	Reduced	65,079	-2,000	$7,192,531	−0.9%	17+	before history	2.60%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	42,590	-538	$6,910,226	+9.3%	17+	before history	2.50%
EFA	iShares MSCI EAFE ETF	Reduced	79,868	-2,688	$6,378,258	+2.5%	17+	before history	2.31%
		Added	219,386	+9,923	$5,958,523	−7.3%	17+	before history	2.15%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	60,717	+5,867	$5,946,622	+9.2%	17+	before history	2.15%
JNJ	Johnson & Johnson Healthcare	Reduced	36,635	-186	$5,795,290	+0.4%	17+	before history	2.09%
IJH	iShares Core S&P Mid-Cap ETF	Added	92,740	+73,638	$5,633,027	+6.4%	17+	before history	2.04%
XOM	ExxonMobil Holdings Corp Energy	Reduced	48,160	-745	$5,598,118	+14.5%	17+	before history	2.02%
DVY	iShares Select Dividend ETF	Added	41,101	+265	$5,062,820	+5.8%	17+	before history	1.83%
QQQ	Invesco Qqq Trust, Series 1	Added	10,628	+105	$4,718,938	+9.5%	17+	before history	1.71%
CSX	Csx Corp Industrials	Reduced	127,024	-13,500	$4,708,779	−3.3%	17+	before history	1.70%
AAPL	Apple Inc. Technology	Reduced	24,984	-150	$4,284,256	−11.5%	17+	before history	1.55%
IWM	iShares Russell 2000 ETF	Added	20,197	+2,898	$4,247,429	+22.3%	17+	before history	1.54%
IVV	iShares Core S&P 500 ETF	Reduced	7,788	-332	$4,094,385	+5.6%	17+	before history	1.48%
IWR	iShares Russell Mid-Cap ETF	Added	42,793	+413	$3,598,462	+9.2%	17+	before history	1.30%
PFF	iShares Preferred and Income Securities ETF	Added	104,762	+2,915	$3,376,478	+6.3%	8	unpriced	1.22%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	8,314	-165	$3,189,249	+8.5%	17+	before history	1.15%
KO	Coca Cola Co Consumer Defensive	Added	51,209	+133	$3,132,966	+4.1%	17+	before history	1.13%
WM	Waste Management Inc Industrials	Reduced	14,605	-360	$3,113,055	+16.1%	17+	before history	1.13%
EEM	iShares MSCI Emerging Markets ETF	Reduced	68,929	-13,412	$2,831,603	−14.5%	17+	before history	1.02%
JPM	Jpmorgan Chase & Co Financial Services	Added	13,531	+150	$2,710,258	+19.1%	17+	before history	0.98%
IEI	iShares 3-7 Year Treasury Bond ETF	Reduced	23,119	-405	$2,677,411	−2.8%	17+	before history	0.97%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	63,698	-768	$2,660,665	+0.4%	17+	before history	0.96%
IWF	iShares Russell 1000 Growth ETF	Added	7,757	+402	$2,614,496	+17.3%	17+	before history	0.95%
DIS	Walt Disney Co Communication Services	Reduced	20,055	-175	$2,453,929	+34.3%	17+	before history	0.89%
PAVE	Global X U.S. Infrastructure Development ETF	Added	57,280	+3,150	$2,280,316	+22.2%	13	unpriced	0.82%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Added	44,241	+1,196	$2,268,678	+2.8%	17+	before history	0.82%
EMR	Emerson Electric Co Industrials	Held	19,877	0	$2,254,449	+16.5%	17+	before history	0.81%
VEU	Vanguard International Equity Index Funds	Reduced	38,165	-699	$2,238,377	+2.6%	17+	before history	0.81%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	17,458	+3,255	$2,199,009	+35.8%	14	unpriced	0.79%
SMH	VanEck Semiconductor ETF	Added	9,665	+315	$2,174,528	+33.0%	11	unpriced	0.79%
PEP	Pepsico Inc Consumer Defensive	Reduced	12,418	-313	$2,173,273	+0.5%	17+	before history	0.79%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	42,439	-1,000	$2,129,164	+2.3%	17+	before history	0.77%
FISV	Fiserv Inc	Reduced	13,265	-50	$2,120,012	+19.9%	17+	before history	0.77%
RTX	RTX Corp Industrials	Reduced	20,773	-1,021	$2,025,990	+10.5%	16	unpriced	0.73%
IWD	iShares Russell 1000 Value ETF	Added	10,925	+88	$1,956,776	+9.3%	13	unpriced	0.71%
NSC	Norfolk Southern Corp Industrials	Reduced	7,378	-90	$1,880,430	+6.5%	17+	before history	0.68%
CVX	Chevron Corp Energy	Reduced	11,692	-100	$1,844,296	+4.9%	17+	before history	0.67%
IXN	iShares Global Tech ETF	Held	24,528	0	$1,834,939	+9.7%	17+	before history	0.66%
ABBV	AbbVie Inc. Healthcare	Reduced	10,067	-70	$1,833,200	+16.7%	17+	before history	0.66%
AMZN	Amazon Com Inc Consumer Cyclical	Held	9,915	0	$1,788,467	+18.7%	17+	before history	0.65%
QQEW	First Trust Nasdaq-100 Select Equal Weight ETF	Reduced	14,178	-52	$1,756,654	+5.1%	17+	before history	0.63%
XLF	State Street Corp Financial Services	Added	39,985	+6,365	$1,684,168	+33.2%	12	$37.06	0.61%
IVW	iShares S&P 500 Growth ETF	Reduced	19,856	-730	$1,676,640	+8.4%	17+	before history	0.61%
CSCO	Cisco Systems, Inc. Technology	Added	32,861	+197	$1,640,092	−0.6%	17+	before history	0.59%
EW	Edwards Lifesciences Corp Healthcare	Held	16,333	0	$1,560,781	+25.3%	17+	before history	0.56%

Showing the top 50 of 187 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.