Summit Investment Advisory Services, LLC
Long book
$269.2M
Q1 2026
Positions
81
Top-10 weight
78%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsSummit Investment Advisory Services, LLC is a wealth-management firm allocating client money, running a $269.2M US long book across 81 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: CAP GROUP DIVIDEND VALUE, CAP GROUP GROWTH EQUITY, FRANKLIN INCOME FOCUS ETF, CAP GROUP INTL FOCUS, ISHARES CORE DIVIDEND GROWTH.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 2 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
+1.9%
Q2 2024
+3.4%
Q3 2024
+1.0%
Q4 2024
-3.2%
Q1 2025
+9.9%
Q2 2025
+7.3%
Q3 2025
+2.4%
Q4 2025
-2.5%
Q1 2026
+13.5%
Sector allocation
Technology 43%
Other 18%
Healthcare 16%
Utilities 12%
Financials 10%
Long book by quarter
What does Summit Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ENTG ENTEGRIS INC | Other | 3.6K | $426K | 0.2% | Held |
| MDT MEDTRONIC PLC | Healthcare | 4.4K | $381K | 0.1% | +0.2% |
| NVDA NVIDIA CORP | Technology | 2.1K | $370K | 0.1% | +0.9% |
| AAPL APPLE INC | Technology | 1.2K | $316K | 0.1% | -13.6% |
| MSFT MICROSOFT CORP | Technology | 851 | $315K | 0.1% | Held |
| PEG PUBLIC SERVICE ENTERPRISE GP | Utilities | 3.4K | $273K | 0.1% | -9.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 496 | $238K | 0.1% | -8.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 81 | $269.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 82 | $265.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ARESTATEMENT | Nov 7, 2025 | 76 | $251.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 71 | $229.9M | SEC ↗ | |
| Q2 2025 | 13F-HR/ARESTATEMENT | Nov 7, 2025 | 71 | $229.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 53 | $117.8M | SEC ↗ | |
| Q1 2025 | 13F-HR | Apr 11, 2025 | 68 | $204.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 70 | $193.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 71 | $188.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 40 | $85.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 68 | $168.9M | canonical | SEC ↗ |