SUMMIT SECURITIES GROUP LLC

Quant stat arb Low signal CIK 1531593
League rank
#45
in Quant stat arb · #1141 overall
Long book
$205.7M
Q1 2026
Positions
823
Top-10 weight
63%
concentration
Last quarter
+16.5%
SPY +14.8%
Turnover
54%
of book per quarter

Strategy in plain words

auto-generated from filings

SUMMIT SECURITIES GROUP LLC is a quantitative fund whose holdings reflect models, not opinions, running a $205.7M US long book across 823 positions.

The portfolio is concentrated: the top 10 names carry 63% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: INVESCO QQQ TRUST SERIES 1, NVIDIA CORP, BROADCOM INC, APPLE INC, INTL BUSINESS MACHINES CORP.

Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.5%
Q2 2024
+8.0%
Q3 2024
+7.9%
Q4 2024
-6.1%
Q1 2025
+9.2%
Q2 2025
+8.7%
Q3 2025
+2.9%
Q4 2025
+2.2%
Q1 2026
+16.5%

Sector allocation

Technology
50%
Industrials
11%
Consumer discretionary
10%
Financials
6%
Materials
5%
Healthcare
5%
Utilities
4%
Energy
4%

Long book by quarter

$218.6M
Q1 2024
$262.5M
Q2 2024
$158.2M
Q3 2024
$268.0M
Q4 2024
$144.2M
Q1 2025
$279.5M
Q2 2025
$304.6M
Q3 2025
$560.3M
Q4 2025
$205.7M
Q1 2026

What does SUMMIT SECURITIES own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology125.6K$21.9M10.6%+166.6%
AVGO BROADCOM INCTechnology50.3K$15.6M7.6%+224.1%
AAPL APPLE INCTechnology50.3K$12.8M6.2%+88.3%
IBM INTL BUSINESS MACHINES CORPTechnology51.3K$12.4M6.0%+6310.5%
AMZN AMAZON.COM INCConsumer discretionary48.2K$10.0M4.9%+184.2%
BE BLOOM ENERGY CORP- AIndustrials51.1K$6.9M3.4%-34.6%
B BARRICK MINING CORPMaterials101.4K$4.1M2.0%+203.6%
ET ENERGY TRANSFER LPUtilities162.1K$3.1M1.5%+138.0%
APLD APPLIED DIGITAL CORPTechnology114.0K$2.7M1.3%Held
WIX WIX.COM LTDTechnology20.0K$1.8M0.9%New
CTVA CORTEVA INCConsumer staples20.1K$1.7M0.8%+1905.0%
UNP UNION PACIFIC CORPIndustrials6.6K$1.6M0.8%+292.4%
UPS UNITED PARCEL SERVICE-CL BIndustrials14.5K$1.4M0.7%+190.6%
ECHO ECHOSTAR CORP-ACommunications11.6K$1.4M0.7%+3.5%
CVX CHEVRON CORPEnergy6.3K$1.3M0.6%-52.3%
AU ANGLOGOLD ASHANTI PLCMaterials12.5K$1.2M0.6%+634.4%
430 TERNS PHARMACEUTICALS INC23.0K$1.2M0.6%New
NKE NIKE INC -CL BOther22.2K$1.2M0.6%+2262.0%
PFE PFIZER INCHealthcare41.3K$1.2M0.6%-14.3%
GS GOLDMAN SACHS GROUP INCFinancials1.2K$997K0.5%+47.4%
MRK MERCK & CO. INC.Healthcare8.2K$991K0.5%-72.4%
AES AES CORPUtilities69.5K$979K0.5%+2.0%
TGT TARGET CORPConsumer discretionary8.1K$979K0.5%+1096.1%
ABBV ABBVIE INCHealthcare4.5K$977K0.5%+55.6%
IREN IREN LTDFinancials27.8K$952K0.5%+141.5%
TTE TOTALENERGIES SEEnergy9.4K$855K0.4%+394.7%
CAT CATERPILLAR INCIndustrials1.2K$855K0.4%New
CRWV COREWEAVE INC-CL ATechnology10.8K$837K0.4%-19.4%
ZIM ZIM INTEGRATED SHIPPING SERVIndustrials29.3K$772K0.4%+486.0%
C CITIGROUP INCFinancials6.7K$758K0.4%-93.4%
MRVL MARVELL TECHNOLOGY INCTechnology7.5K$738K0.4%-52.9%
BSX BOSTON SCIENTIFIC CORPHealthcare11.7K$737K0.4%+433.3%
WFC WELLS FARGO & COFinancials9.2K$733K0.4%+21.8%
XOM EXXON MOBIL CORPEnergy4.1K$693K0.3%-57.7%
TSLA TESLA INCIndustrials1.8K$654K0.3%-96.9%
CME CME GROUP INCFinancials2.1K$608K0.3%+34.1%
COP CONOCOPHILLIPSEnergy4.5K$594K0.3%+145.3%
AB ALLIANCEBERNSTEIN HOLDING LPFinancials15.6K$584K0.3%New
MSFT MICROSOFT CORPTechnology1.6K$574K0.3%-87.1%
BCPC BALCHEM CORPMaterials3.0K$508K0.2%New
CCL CARNIVAL CORP LTDIndustrials19.2K$497K0.2%+1091.1%
MU MICRON TECHNOLOGY INCTechnology1.4K$490K0.2%-57.1%
VNOM VIPER ENERGY INC-CL AEnergy10.0K$470K0.2%New
JPM JPMORGAN CHASE & COFinancials1.6K$463K0.2%-58.1%
HD HOME DEPOT INCConsumer discretionary1.3K$426K0.2%+547.0%
V VISA INC-CLASS A SHARESServices media1.4K$425K0.2%New
VZ VERIZON COMMUNICATIONS INCCommunications8.4K$423K0.2%-51.4%
DOW DOW INCMaterials9.9K$413K0.2%+178.9%
MCD MCDONALD'S CORPConsumer discretionary1.2K$388K0.2%+211.8%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary1.2K$374K0.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 20261015$809.9M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026991$767.7M canonicalSEC ↗
Q3 202513F-HRNov 13, 2025992$483.9M canonicalSEC ↗
Q2 202513F-HRAug 12, 20251058$519.6M canonicalSEC ↗
Q1 202513F-HRMay 13, 2025764$638.6M canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025600$485.1M canonicalSEC ↗
Q3 202413F-HRNov 7, 2024579$378.6M $K fixed canonicalSEC ↗
Q2 202413F-HRJul 26, 2024624$529.3M $K fixed canonicalSEC ↗
Q1 202413F-HRMay 13, 2024439$608.0M $K fixed canonicalSEC ↗