Institution

Summit Financial, LLC

13F for the quarter to June 30, 2026, filed August 12, 2026 · SEC CIK 1765536

Reported value: $9.1bn
Positions we cover: 665
Copy, a year: +8.0%
Copy Sharpe ratio: 0.32

How copying its 13F would have done

CopyS&P 500 $10,000 copying Summit Financial, LLC's filed holdings in companies we cover from February 15, 2019, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −60.0% (S&P 500 −31.8%); beta 1.08; alpha −6.6% a year (t = −1.32); last 12 months +10.1% against +12.1%.

Reported value by quarter

Summit Financial, LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2018-12-31	$515B
2019-03-31	$582.8B
2019-06-30	$592.7B
2019-09-30	$590.2B
2019-12-31	$588.8B
2020-03-31	$455B
2020-06-30	$564.8B
2020-09-30	$604.7B
2020-12-31	$711.4B
2021-03-31	$758.5B
2021-06-30	$1T
2021-09-30	$1.2T
2021-12-31	$1.3T
2022-03-31	$1.3T
2022-06-30	$1.1T
2022-09-30	$1.1T
2022-12-31	$1.1T
2023-03-31	$1.1B
2023-06-30	$1.4B
2023-09-30	$1.4B
2023-12-31	$1.5B
2024-03-31	$1.7B
2024-06-30	$2.2B
2024-09-30	$2.6B
2024-12-31	$2.9B
2025-03-31	$3.6B
2025-06-30	$4.4B
2025-09-30	$6.5B
2025-12-31	$6.8B
2026-03-31	$7.8B
2026-06-30	$9.1B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	2.16%	$196.9m	680.5K	+3.1% Added
NVDANVIDIA Corporation	1.67%	$152.7m	763.0K	+10.6% Added
AMZNAmazon	1.08%	$98.9m	415.0K	+1.7% Added
MSFTMicrosoft Corporation	0.95%	$86.8m	232.7K	−1.9% Reduced
JPMJPMorgan Chase	0.63%	$57.1m	174.5K	−11.1% Reduced
AVGOBroadcom	0.59%	$54.3m	143.7K	+1.8% Added
METAMeta Platforms	0.52%	$47.5m	84.4K	+4.6% Added
TSLATesla, Inc.	0.48%	$44.0m	104.5K	+5.0% Added
AMATApplied Materials	0.44%	$40.0m	55.3K	+1.9% Added
CATCaterpillar Inc.	0.43%	$39.4m	37.0K	+0.4%
PLTRPalantir Technologies Inc.	0.42%	$38.8m	332.2K	+0.6% Added
AMDAdvanced Micro Devices	0.42%	$38.7m	66.6K	−4.6% Reduced
MUMicron Technology	0.42%	$38.2m	33.1K	−10.4% Reduced
LLYLilly (Eli)	0.41%	$37.8m	31.5K	+11.2% Added
GSGoldman Sachs	0.36%	$32.9m	32.5K	−12.4% Reduced
DELLDell Technologies	0.36%	$32.4m	75.2K	−13.1% Reduced
WMTWalmart	0.35%	$32.4m	286.1K	+17.9% Added
JNJJohnson & Johnson	0.33%	$30.2m	119.1K	+0.2%
WPMWheaton Precious Metals Corp.	0.30%	$27.3m	242.8K	+0.6% Added
COSTCostco	0.27%	$24.8m	26.5K	+1.2% Added
CIENCiena	0.26%	$24.0m	48.9K	+443.2% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.26%	$23.6m	49.4K	+3.3% Added
ABBVAbbVie	0.26%	$23.4m	93.1K	+4.6% Added
VVisa Inc.	0.24%	$21.8m	63.5K	−4.7% Reduced
MRKMerck & Co.	0.22%	$19.9m	153.8K	+3.6% Added
CSCOCisco	0.21%	$19.0m	161.5K	+2.9% Added
URIUnited Rentals	0.20%	$18.6m	16.4K	+0.8% Added
CRWDCrowdStrike	0.20%	$18.0m	23.6K	−0.4%
BACBank of America	0.19%	$17.4m	306.1K	+7.1% Added
ASMLAsml Holding NV	0.19%	$17.3m	8.7K	+10.4% Added
BABoeing	0.17%	$15.7m	72.5K	+2.5% Added
UUUUEnergy Fuels Inc	0.17%	$15.2m	1.05M	+1.7% Added
IBMIBM	0.17%	$15.1m	53.8K	+16.4% Added
NFLXNetflix	0.16%	$14.8m	207.4K	−8.7% Reduced
MRVLMarvell Technology	0.16%	$14.8m	49.6K	−11.6% Reduced
GEVGE Vernova	0.16%	$14.7m	12.5K	+30.7% Added
ANETArista Networks	0.16%	$14.5m	85.6K	+4.2% Added
HOODRobinhood Markets	0.16%	$14.2m	142.1K	+6.4% Added
CCJCameco Corp	0.14%	$13.3m	130.1K	+2.3% Added
WDCWestern Digital	0.14%	$13.1m	20.4K	+44.9% Added
HDThe Home Depot	0.14%	$12.8m	36.3K	−1.4% Reduced
CVXChevron Corporation	0.14%	$12.6m	76.0K	+8.7% Added
AXPAmerican Express	0.14%	$12.6m	37.2K	−3.8% Reduced
PWRQuanta Services	0.13%	$12.2m	17.0K	+4.2% Added
GLWCorning Inc.	0.13%	$11.9m	46.7K	−11.1% Reduced
PGProcter & Gamble	0.13%	$11.8m	80.7K	+11.0% Added
LRCXLam Research	0.13%	$11.8m	27.2K	−24.4% Reduced
VRTVertiv	0.13%	$11.5m	34.3K	+10.1% Added
AXSMAxsome Therapeutics, Inc.	0.13%	$11.4m	46.6K	−28.6% Reduced
UNHUnitedHealth Group	0.13%	$11.4m	27.4K	+4.3% Added
INTCIntel	0.12%	$10.9m	78.0K	+13.2% Added
REGNRegeneron Pharmaceuticals	0.12%	$10.7m	17.1K	+3.8% Added
JBLJabil	0.11%	$10.3m	26.8K	+1.9% Added
PANWPalo Alto Networks	0.11%	$10.1m	29.6K	−39.5% Reduced
GMGeneral Motors	0.11%	$10.1m	130.7K	+0.3%
GEGE Aerospace	0.11%	$10.0m	26.9K	+5.9% Added
BNYBNY Mellon	0.11%	$10.0m	69.3K	+2.8% Added
STXSeagate Technology	0.11%	$10.0m	10.3K	+54.3% Added
CBChubb Limited	0.11%	$9.9m	28.8K	+78.6% Added
WFCWells Fargo	0.11%	$9.8m	119.1K	+5.5% Added
KOThe Coca-Cola Company	0.11%	$9.8m	119.9K	+2.3% Added
STLDSteel Dynamics	0.11%	$9.7m	42.1K	+0.1%
MSMorgan Stanley	0.11%	$9.7m	46.3K	+8.9% Added
CBOECboe Global Markets	0.10%	$9.5m	39.1K	+301.2% Added
SOFISoFi Technologies, Inc.	0.10%	$9.0m	500.3K	−12.5% Reduced
SOSouthern Company	0.10%	$8.9m	93.4K	+8.6% Added
MAMastercard	0.10%	$8.9m	17.4K	−8.2% Reduced
RTXRTX Corporation	0.10%	$8.8m	46.5K	+8.4% Added
KLACKLA Corporation	0.09%	$8.5m	28.3K	+826.3% Added
TXNTexas Instruments	0.09%	$8.3m	27.9K	−26.9% Reduced
BXBlackstone Inc.	0.09%	$8.3m	70.3K	+3.9% Added
TJXTJX Companies	0.09%	$8.2m	54.4K	−2.6% Reduced
TAT&T	0.09%	$8.0m	388.5K	+17.2% Added
FTNTFortinet	0.09%	$8.0m	52.1K	+1.0% Added
AEPAmerican Electric Power	0.09%	$7.9m	57.6K	+1.2% Added
MSTRStrategy Inc	0.09%	$7.7m	89.1K	+55.3% Added
VZVerizon	0.08%	$7.6m	179.9K	+6.5% Added
ORCLOracle Corporation	0.08%	$7.5m	51.4K	+12.0% Added
UBERUber	0.08%	$7.5m	104.3K	+16.8% Added
DNNDenison Mines Corp.	0.08%	$7.3m	2.38M	0.0%
QCOMQualcomm	0.08%	$7.2m	39.0K	+13.3% Added
AMGNAmgen	0.08%	$7.0m	19.4K	−6.3% Reduced
APHAmphenol	0.07%	$6.7m	38.2K	+10.1% Added
SNDKSandisk	0.07%	$6.7m	3.0K	New
LOWLowe's	0.07%	$6.6m	30.0K	+5.2% Added
LUMNLumen Technologies, Inc.	0.07%	$6.6m	856.1K	+0.7% Added
SPGIS&P Global	0.07%	$6.6m	16.1K	+4.3% Added
UECUranium Energy Corp	0.07%	$6.5m	613.6K	0.0%
DALDelta Air Lines	0.07%	$6.4m	68.7K	+58.2% Added
PEPPepsiCo	0.07%	$6.4m	47.4K	+2.3% Added
MELIMercadolibre Inc	0.07%	$6.4m	3.8K	+4.4% Added
PMPhilip Morris International	0.07%	$6.4m	35.0K	+8.7% Added
EXEExpand Energy	0.07%	$6.3m	69.4K	−26.5% Reduced
ALABAstera Labs, Inc.	0.07%	$6.3m	13.0K	+23.3% Added
NEENextEra Energy	0.07%	$6.3m	71.3K	+3.1% Added
CMGChipotle Mexican Grill	0.07%	$6.3m	184.0K	+641.0% Added
EXPEExpedia Group	0.07%	$6.2m	24.4K	−1.7% Reduced
COFCapital One	0.07%	$6.2m	31.0K	−49.1% Reduced
WMBWilliams Companies	0.07%	$6.2m	83.5K	−1.5% Reduced
NTRNutrien Ltd.	0.07%	$6.1m	95.4K	−0.2%
MCDMcDonald's	0.07%	$6.0m	22.0K	+5.6% Added
TEMTempus AI, Inc.	0.06%	$5.8m	100.8K	+6.6% Added
UTHRUnited Therapeutics Corp	0.06%	$5.8m	10.7K	+1.1% Added
SCCOSouthern Copper Corp/	0.06%	$5.8m	33.3K	−6.7% Reduced
ROSTRoss Stores	0.06%	$5.7m	26.9K	−0.5% Reduced
CLSKCleanspark, Inc.	0.06%	$5.7m	391.6K	+5.9% Added
MOAltria	0.06%	$5.6m	76.6K	+9.2% Added
EPDEnterprise Products Partners L.p.	0.06%	$5.4m	146.0K	−1.4% Reduced
DEDeere & Company	0.06%	$5.3m	8.4K	+0.5%
AMPAmeriprise Financial	0.06%	$5.3m	11.5K	−2.9% Reduced
BMYBristol Myers Squibb	0.06%	$5.3m	91.6K	+4.9% Added
TGTXTG Therapeutics, Inc.	0.06%	$5.2m	95.3K	+11.6% Added
EOGEOG Resources	0.06%	$5.1m	39.2K	+0.7% Added
EMBJEmbraer S.a.	0.06%	$5.1m	79.4K	−6.7% Reduced
FROFrontline plc	0.06%	$5.0m	145.1K	0.0%
CRMSalesforce	0.06%	$5.0m	32.1K	−3.0% Reduced
SYKStryker Corporation	0.06%	$5.0m	15.9K	+6.8% Added
HIGThe Hartford	0.05%	$4.8m	36.4K	+5.0% Added
DISThe Walt Disney Company	0.05%	$4.8m	49.5K	+9.7% Added
TTTrane Technologies	0.05%	$4.7m	9.6K	+10.0% Added
SPCXSpace Exploration Technologies Corp	0.05%	$4.7m	27.5K	New
CEGConstellation Energy	0.05%	$4.7m	18.8K	+1.4% Added
ABTAbbott Laboratories	0.05%	$4.7m	51.3K	+2.6% Added
WSTWest Pharmaceutical Services	0.05%	$4.6m	12.9K	+2.7% Added
PFEPfizer	0.05%	$4.6m	192.2K	+13.9% Added
HHyatt Hotels Corp	0.05%	$4.6m	23.7K	New
KKRKKR & Co.	0.05%	$4.6m	49.9K	−3.0% Reduced
EMREmerson Electric	0.05%	$4.5m	31.8K	+9.1% Added
AZNAstrazeneca PLC	0.05%	$4.5m	23.7K	+26.5% Added
FITBFifth Third Bancorp	0.05%	$4.5m	78.9K	+0.3%
WMWaste Management	0.05%	$4.4m	19.8K	−4.2% Reduced
PCGPG&E Corporation	0.05%	$4.4m	260.6K	New
LINLinde plc	0.05%	$4.4m	8.5K	+0.7% Added
DVNDevon Energy	0.05%	$4.4m	106.1K	+249.0% Added
TOLToll Brothers, Inc.	0.05%	$4.4m	26.5K	+893.1% Added
MCKMcKesson	0.05%	$4.3m	5.7K	+1.3% Added
OTFBlue Owl Technology Finance Corp.	0.05%	$4.3m	395.4K	+23.6% Added
SMCISupermicro	0.04%	$4.1m	141.5K	+9.0% Added
ADIAnalog Devices	0.04%	$4.1m	10.4K	+13.6% Added
WESWestern Midstream Partners, LP	0.04%	$4.1m	94.6K	+0.3%
SNOWSnowflake Inc.	0.04%	$4.1m	16.3K	−5.1% Reduced
FCXFreeport-McMoRan	0.04%	$4.1m	65.3K	+14.7% Added
CCitigroup	0.04%	$4.1m	29.1K	+4.6% Added
ETNEaton Corporation	0.04%	$4.1m	9.6K	+11.4% Added
PHParker Hannifin	0.04%	$4.0m	4.1K	−0.2%
UPSUnited Parcel Service	0.04%	$3.9m	36.7K	+3.5% Added
GILDGilead Sciences	0.04%	$3.9m	31.1K	−3.2% Reduced
MASMasco	0.04%	$3.9m	48.1K	−1.1% Reduced
BLKBlackRock	0.04%	$3.9m	4.1K	−5.0% Reduced
UNPUnion Pacific Corporation	0.04%	$3.9m	14.4K	+4.4% Added

Company	Bought (value)	Shares
CIENCiena	$19.6m	39.9K
NVDANVIDIA Corporation	$14.6m	73.1K
KLACKLA Corporation	$7.6m	25.2K
CBOECboe Global Markets	$7.1m	29.3K
SNDKSandisk	$6.7m	3.0K
AAPLApple Inc.	$5.9m	20.5K
CMGChipotle Mexican Grill	$5.4m	159.2K
WMTWalmart	$4.9m	43.4K
SPCXSpace Exploration Technologies Corp	$4.7m	27.5K
HHyatt Hotels Corp	$4.6m	23.7K
PCGPG&E Corporation	$4.4m	260.6K
CBChubb Limited	$4.3m	12.7K
WDCWestern Digital	$4.0m	6.3K
TOLToll Brothers, Inc.	$3.9m	23.9K
LLYLilly (Eli)	$3.8m	3.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
RKTRocket Companies, Inc.	−$8.4m	−590.3K
JPMJPMorgan Chase	−$7.1m	−21.7K
PANWPalo Alto Networks	−$6.6m	−19.3K
VSTVistra Corp.	−$6.2m	−39.1K
COFCapital One	−$6.0m	−29.9K
DELLDell Technologies	−$4.9m	−11.3K
GSGoldman Sachs	−$4.7m	−4.6K
AXSMAxsome Therapeutics, Inc.	−$4.6m	−18.7K
MUMicron Technology	−$4.4m	−3.9K
LRCXLam Research	−$3.8m	−8.8K
TXNTexas Instruments	−$3.1m	−10.3K
EXEExpand Energy	−$2.3m	−25.0K
DLTRDollar Tree	−$2.2m	−20.5K
MRVLMarvell Technology	−$1.9m	−6.5K
AMDAdvanced Micro Devices	−$1.9m	−3.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
RKTRocket Companies, Inc.	$8.4m	590.3K
DLTRDollar Tree	$2.2m	20.5K
PPCPilgrims Pride Corp	$1.8m	48.8K
ZIMZIM Integrated Shipping Services Ltd.	$1.2m	47.1K
GILGildan Activewear Inc.	$1.0m	18.0K
UIUbiquiti Inc.	$803,725	1.0K
TPLTexas Pacific Land Corporation	$339,605	716
LULULululemon Athletica	$335,769	2.2K
INSMInsmed Inc	$333,597	2.0K
VIKViking Holdings Ltd	$316,037	4.3K
VNOMViper Energy, Inc.	$292,280	6.2K
TAPMolson Coors Beverage Co	$286,104	6.6K
HUMHumana	$271,120	1.6K
CCICrown Castle	$264,703	3.3K
BDCBelden Inc.	$259,989	2.3K
RGLDRoyal Gold Inc	$258,817	1.0K
NXTNextpower Inc.	$252,432	2.1K
VNOVornado Realty Trust	$230,531	8.9K
AVAVAerovironment Inc	$220,758	1.2K
IRIngersoll Rand	$213,039	2.7K
TTDTrade Desk, Inc.	$205,425	9.1K
NENoble Corp plc	$202,073	4.1K
CTSHCognizant	$200,131	3.3K
ETHWBitwise Ethereum ETF	$151,126	10.1K
HLNHaleon plc	$110,198	11.0K
MSGMMotorsport Games Inc.	$62,976	15.4K
FBIOFortress Biotech, Inc.	$57,639	20.7K

Technology37.8%
Financials13.5%
Industrials10.4%
Consumer Discretionary9.2%
Health Care9.2%
Consumer Staples4.5%
Energy4.3%
Materials4.1%
Communication Services3.6%
Utilities2.0%
Real Estate1.4%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 15, 2019 to November 2, 2026	+8.0%	+15.6%	0.32	0.73	−60.0%	1.08
Last three yearsNovember 3, 2023 to November 2, 2026	+21.3%	+21.8%	1.11	1.16	−16.3%	0.99
Last yearNovember 7, 2025 to November 2, 2026	+12.1%	+14.2%	0.63	0.84	−9.3%	1.03

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.