Summit Financial Wealth Advisors, LLC
Long book
$705.4M
Q1 2026
Positions
193
Top-10 weight
47%
concentration
Last quarter
+9.2%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsSummit Financial Wealth Advisors, LLC is a wealth-management firm allocating client money, running a $705.4M US long book across 193 positions.
The portfolio is moderately concentrated (top 10 ≈ 47% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD INT HIGH DVD YLD IN, SCHWAB US DVD EQUITY ETF, VANGUARD GROWTH ETF, SS SPDR P CORP BOND ETF, PIMCO ULTRA SHRT GOVT ACTIVE.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.2%
Q2 2024
+6.4%
Q3 2024
-0.3%
Q4 2024
+1.3%
Q1 2025
+4.5%
Q2 2025
+6.8%
Q3 2025
+2.2%
Q4 2025
+3.0%
Q1 2026
+9.2%
Sector allocation
Technology 23%
Industrials 23%
Financials 15%
Energy 13%
Healthcare 9%
Consumer discretionary 6%
Communications 6%
Utilities 3%
Long book by quarter
What does Summit Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CMI CUMMINS INC | Industrials | 31.3K | $16.8M | 2.4% | -0.4% |
| VLO VALERO ENERGY CORP | Energy | 64.4K | $15.9M | 2.3% | -20.9% |
| RTX RTX CORP | Industrials | 78.7K | $15.2M | 2.2% | -21.2% |
| T AT&T INC | Communications | 482.1K | $14.0M | 2.0% | +0.9% |
| MMM 3M CO | Healthcare | 92.8K | $13.5M | 1.9% | +1.8% |
| CSCO CISCO SYSTEMS INC | Technology | 167.4K | $13.0M | 1.8% | +1.2% |
| AAPL APPLE INC | Technology | 43.9K | $11.1M | 1.6% | +0.7% |
| GRMN GARMIN LTD | Technology | 45.3K | $10.5M | 1.5% | +1.9% |
| ETN EATON CORP PLC | Industrials | 23.6K | $8.5M | 1.2% | +5.2% |
| XOM EXXON MOBIL CORP | Energy | 49.0K | $8.3M | 1.2% | -4.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 13.7K | $8.3M | 1.2% | +3.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 29.9K | $8.1M | 1.1% | +536.8% |
| GPC GENUINE PARTS CO | Consumer discretionary | 66.1K | $7.0M | 1.0% | -3.1% |
| CVX CHEVRON CORP | Energy | 33.3K | $6.9M | 1.0% | +1.0% |
| HWC HANCOCK WHITNEY CORP | Financials | 86.8K | $5.5M | 0.8% | +0.6% |
| USB US BANCORP | Financials | 102.9K | $5.4M | 0.8% | -2.0% |
| MSFT MICROSOFT CORP | Technology | 14.3K | $5.3M | 0.8% | +22.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 20.3K | $4.9M | 0.7% | +7.8% |
| GOOG ALPHABET INC-CL C | Technology | 12.7K | $3.6M | 0.5% | -0.4% |
| JPM JPMORGAN CHASE & CO | Financials | 11.6K | $3.4M | 0.5% | +2.9% |
| WMT WALMART INC | Consumer discretionary | 26.9K | $3.3M | 0.5% | +3.5% |
| FHN FIRST HORIZON CORP | Financials | 136.9K | $3.1M | 0.4% | +17.4% |
| AVGO BROADCOM INC | Technology | 8.2K | $2.5M | 0.4% | +0.8% |
| NVDA NVIDIA CORP | Technology | 14.4K | $2.5M | 0.4% | +6.5% |
| PFE PFIZER INC | Healthcare | 87.2K | $2.4M | 0.3% | -2.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 11.5K | $2.4M | 0.3% | +3.3% |
| OKE ONEOK INC | Utilities | 26.5K | $2.4M | 0.3% | +0.9% |
| HBCP HOME BANCORP INC | Financials | 36.0K | $2.2M | 0.3% | +31.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.2K | $2.0M | 0.3% | -37.7% |
| BA BOEING CO/THE | Industrials | 10.1K | $2.0M | 0.3% | +29.0% |
| TSLA TESLA INC | Industrials | 5.3K | $2.0M | 0.3% | +2.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.9K | $1.9M | 0.3% | +9.2% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 10.6K | $1.8M | 0.2% | -1.4% |
| BFST BUSINESS FIRST BANCSHARES | Financials | 59.4K | $1.6M | 0.2% | New |
| ABBV ABBVIE INC | Healthcare | 5.9K | $1.3M | 0.2% | +0.3% |
| MRK MERCK & CO. INC. | Healthcare | 9.9K | $1.2M | 0.2% | -0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 3.9K | $1.1M | 0.2% | +8.2% |
| V VISA INC-CLASS A SHARES | Services media | 3.6K | $1.1M | 0.2% | -1.3% |
| LLY ELI LILLY & CO | Healthcare | 1.1K | $1.0M | 0.1% | -1.6% |
| RRBI RED RIVER BANCSHARES INC | Financials | 10.3K | $932K | 0.1% | -17.6% |
| EME EMCOR GROUP INC | Industrials | 1.3K | $930K | 0.1% | -0.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 906 | $903K | 0.1% | +16.8% |
| LNG CHENIERE ENERGY INC | Utilities | 3.1K | $886K | 0.1% | +5.2% |
| TXN TEXAS INSTRUMENTS INC | Technology | 4.5K | $878K | 0.1% | +2.9% |
| BAC BANK OF AMERICA CORP | Financials | 16.8K | $819K | 0.1% | +5.8% |
| DE DEERE & CO | Industrials | 1.5K | $817K | 0.1% | +8.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 16.3K | $816K | 0.1% | +17.3% |
| AMGN AMGEN INC | Healthcare | 2.3K | $802K | 0.1% | +0.7% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 13.1K | $791K | 0.1% | +13.5% |
| PEP PEPSICO INC | Consumer staples | 4.9K | $766K | 0.1% | +8.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 26, 2026 | 193 | $705.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 195 | $698.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 3, 2025 | 180 | $645.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Sep 29, 2025 | 168 | $557.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 151 | $504.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 150 | $511.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 151 | $533.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 141 | $493.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 2, 2024 | 133 | $493.6M | canonical | SEC ↗ |