Summit Wealth Partners, LLC

Wealth advisor Mechanical CIK 2033312
League rank
#2391
in Wealth advisor · #5719 overall
Long book
$631.7M
Q1 2026
Positions
271
Top-10 weight
31%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
26%
of book per quarter

Strategy in plain words

auto-generated from filings

Summit Wealth Partners, LLC is a wealth-management firm allocating client money, running a $631.7M US long book across 271 positions.

The portfolio is moderately concentrated (top 10 ≈ 31% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES RUSSELL 1000 GROWTH, ISHARES MSCI USA QUALITY FAC, INVESCO QQQ TRUST SERIES 1, ISHARES FLEX I A ETF-USD INC.

Over the last 9 quarters its long book ran on average 1.5pp 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
+1.7%
Q2 2024
+6.4%
Q3 2024
-0.4%
Q4 2024
+0.3%
Q1 2025
+5.2%
Q2 2025
+4.6%
Q3 2025
+1.5%
Q4 2025
-1.5%
Q1 2026
+9.3%

Sector allocation

Technology
35%
Financials
20%
Consumer discretionary
13%
Healthcare
8%
Other
7%
Industrials
5%
Services media
4%
Consumer staples
3%

Long book by quarter

$469.1M
Q1 2024
$481.7M
Q2 2024
$519.3M
Q3 2024
$487.0M
Q4 2024
$493.0M
Q1 2025
$524.4M
Q2 2025
$554.1M
Q3 2025
$541.2M
Q4 2025
$631.7M
Q1 2026

What does Summit Wealth own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRO BROWN & BROWN INCFinancials201.7K$13.2M2.1%Held
NVDA NVIDIA CORPTechnology57.9K$10.1M1.6%+636.4%
AAPL APPLE INCTechnology35.0K$8.9M1.4%+108.3%
PG PROCTER & GAMBLE CO/THEOther54.5K$7.9M1.2%+6.4%
MSFT MICROSOFT CORPTechnology14.2K$5.2M0.8%+156.2%
AMZN AMAZON.COM INCConsumer discretionary25.1K$5.2M0.8%+337.8%
JPM JPMORGAN CHASE & COFinancials14.7K$4.3M0.7%+239.3%
JNJ JOHNSON & JOHNSONHealthcare13.5K$3.3M0.5%+25.8%
GOOG ALPHABET INC-CL CTechnology11.0K$3.2M0.5%+294.4%
WMT WALMART INCConsumer discretionary25.0K$3.1M0.5%New
AMAT APPLIED MATERIALS INCTechnology7.2K$2.5M0.4%New
GOOGL ALPHABET INC-CL ATechnology8.3K$2.4M0.4%+406.4%
AVGO BROADCOM INCTechnology7.0K$2.2M0.3%+52.8%
CAT CATERPILLAR INCIndustrials3.0K$2.1M0.3%New
NFLX NETFLIX INCServices media20.0K$1.9M0.3%+272.7%
MRK MERCK & CO. INC.Healthcare15.7K$1.9M0.3%+25.3%
HD HOME DEPOT INCConsumer discretionary5.6K$1.8M0.3%+214.7%
COST COSTCO WHOLESALE CORPConsumer discretionary1.4K$1.4M0.2%+387.2%
MCD MCDONALD'S CORPConsumer discretionary4.2K$1.3M0.2%+508.5%
ORCL ORACLE CORPTechnology8.9K$1.3M0.2%+187.5%
MS MORGAN STANLEYFinancials7.4K$1.2M0.2%New
KO COCA-COLA CO/THEConsumer staples15.2K$1.2M0.2%+322.2%
XOM EXXON MOBIL CORPEnergy6.5K$1.1M0.2%+227.1%
TSLA TESLA INCIndustrials2.9K$1.1M0.2%+104.3%
META META PLATFORMS INC-CLASS ATechnology1.8K$1.0M0.2%+92.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 17, 2026271$631.7M canonicalSEC ↗
Q4 202513F-HRJan 27, 2026203$541.2M canonicalSEC ↗
Q3 202513F-HROct 21, 2025212$554.1M canonicalSEC ↗
Q2 202513F-HRAug 11, 2025213$524.4M canonicalSEC ↗
Q1 202513F-HRMay 6, 2025208$493.0M canonicalSEC ↗
Q4 202413F-HRJan 27, 2025199$487.0M canonicalSEC ↗
Q3 202413F-HROct 28, 2024236$519.3M canonicalSEC ↗
Q2 202413F-HRSep 11, 2024223$481.7M canonicalSEC ↗
Q1 202413F-HRSep 11, 2024221$469.1M canonicalSEC ↗