SEC 13F Intelligence

Managers / Q1 2024

SUMMIT FINANCIAL GROUP, INC.

CIK 0000811808 · 300 NORTH MAIN ST, MOOREFIELD, WV, 26836 · 3045301000

Reported Value
$281M
Q1 2024
Positions
258
Filings on Record
22
2019–present window
Filed
Apr 5, 2024
original filing

Summary

Summit Financial Group, Inc. reported $281M in U.S.-listed holdings across 258 positions for Q1 2024.

The portfolio is heavily concentrated: IJR alone accounts for 28.4% of reported value.

Compared with Q4 2023, the fund opened 7 new positions and exited 1.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+54.2%
share of reported value
Largest Position
+28.4%
Ishares Tr
New / Exited
7 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $128MQ1 ’19Q2 ’19: $221MQ3 ’19: $197MQ4 ’19: $209MQ4 ’19Q1 ’20: $168MQ2 ’20: $192MQ3 ’20: $202MQ3 ’20Q4 ’20: $228MQ1 ’21: $241MQ2 ’21: $267MQ2 ’21Q3 ’21: $276MQ4 ’21: $307MQ1 ’22: $295MQ1 ’22Q2 ’22: $259MQ3 ’22: $241MQ4 ’22: $252MQ4 ’22Q1 ’23: $264MQ2 ’23: $257MQ3 ’23: $238MQ3 ’23Q4 ’23: $261MQ1 ’24: $281Mfilingsflow.com

Portfolio Composition

By security type
ETP: 49.7%Common Stock: 46.9%Other: 2.6%ADR: 0.5%REIT: 0.4%
  • ETP · 49.7% · $140M
  • Common Stock · 46.9% · $132M
  • Other · 2.6% · $7M
  • ADR · 0.5% · $1M
  • REIT · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PPHVANECK ETF TRUSTNEW+3.8K3.8K+$347,834$347,834
IAUI SHARES GOLD TRNEW+6.5K6.5K+$274,913$274,913
NVONAVO-NORDISK A SNEW+1.8K1.8K+$224,700$224,700
CITHE CIGNA GROUPNEW+616616+$223,724$223,724
MASTERCARD INCORPORATEDNEW+441441+$212,372$212,372
MRSHMARSH & MCLENNAN COS INCNEW+993993+$204,538$204,538
FBINFORTUNE BRANDS INNOVATIONS INEW+2.4K2.4K+$203,208$203,208
IJHISHARES TRADDED+73.6K92.7K+$338,908$6M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

132 positions (from 258 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IJRISHARES TRCORE S&P SCP ETF · MSCI EAFE ETF · CORE US AGGBD ET · CORE S&P MCP ETF · SELECT DIVID ETF · RUSSELL 2000 ETF · CORE S&P500 ETF · RUS MID CAP ETF · CORE HIGH DV ETF · PFD AND INCM SEC · MSCI EMG MKT ETF · 3 7 YR TREAS BD · RUS 1000 GRW ETF · ISHS 1-5YR INVS · RUS 1000 VAL ETF · S&P 500 GRWT ETF · IBOXX HI YD ETF · 1 3 YR TREAS BD · RUS MD CP GR ETF · GLOBAL TECH ETF · ISHARES BIOTECH · MSCI EMRG CHN · U.S. MED DVC ETF · U.S. FIN SVC ETF · RUS 1000 ETF · S&P 100 ETF · INTL SEL DIV ETF · US INDUSTRIALS · U.S. REAL ES ETF · US TREAS BD ETF · MSCI ACWI ETF · S&P MC 400GR ETF · S&P SML 600 GWT · GLOBAL 100 ETF · S&P TTL STK · CORE INTL AGGR · MICRO-CAP ETF · FLTG RATE NT ETF · 7-10YR TRSY BD · RUS MDCP VAL SFT · US OIL EQ&SV ETF28.44%$80M944.1K
2MSFTMICROSOFT CORPhistory →COM4.18%$12M28.0K
3SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.92%$11M21.1K
4RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT · S&P SML600 VAL · GBL LISTED PVT3.39%$10M61.4K
5LLYLILLY ELI & COhistory →COM2.91%$8M10.5K
6XLISELECT SECTOR SPDR TRINDL · FINANCIAL · ENERGY · TECHNOLOGY · SBI HEALTHCARE · SBI MATERIALS · SBI CONS SPLS2.71%$8M88.5K
7PGPROCTER AND GAMBLE COhistory →COM2.46%$7M42.6K
8SUMMIT FINL GROUP INCCOM2.12%$6M219.4K
9JNJJOHNSON & JOHNSONhistory →COM2.06%$6M36.6K
10EXMOCEXXON MOBIL CORPhistory →COM1.99%$6M48.2K
11VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · ALLWRLD EX US1.74%$5M101.9K
12QQQINVESCO QQQ TRhistory →UNIT SER 11.68%$5M10.6K
13CSXCSX CORPhistory →COM1.67%$5M127.0K
14AAPLAPPLE INChistory →COM1.52%$4M25.0K
15HDHOME DEPOT INChistory →COM1.13%$3M8.3K
16SMHVANECK ETF TRUSTSEMICONDUCTR ETF · HIGH YLD MUNIETF · PHARMACEUTCL ETF · PREFERRED SECURT1.12%$3M32.7K
17KOCOCA COLA COhistory →COM1.11%$3M51.2K
18WMWASTE MGMT INC DELhistory →COM1.11%$3M14.6K
19JPMJPMORGAN CHASE & COCOM0.96%$3M13.5K
20CIBRFIRST TR EXCHANGE TRADED FDNASDAQ CYB ETF · DJ INTERNT IDX0.93%$3M31.9K
21BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.91%$3M3.1K
22DISDISNEY WALT COCOM0.87%$2M20.1K
23VRPINVESCO EXCH TRADED FD TR IIVAR RATE PFD · S&P 500 HB ETF0.85%$2M65.0K
24PAVEGLOBAL X FDSUS INFR DEV ETF0.81%$2M57.3K
25EMREMERSON ELEC COCOM0.80%$2M19.9K
26PEPPEPSICO INCCOM0.77%$2M12.4K
27VEAVANGUARD TAX-MANAGED INTLF VAN ETSF DEV MKT0.76%$2M42.4K
28FISVFISERV INCCOM0.75%$2M13.3K
29RTXRTX CORPORATIONCOM0.72%$2M20.8K
30NSCNORFOLK SOUTHN CORPCOM0.67%$2M7.4K
31CVXCHEVRON CORP NEWCOM0.66%$2M11.7K
32ABBVABBVIE INCCOM0.65%$2M10.1K
33AMZNAMAZON COM INCCOM0.64%$2M9.9K
34SJNKSPDR SER TRBLOOMBERG SHT TE · DJ REIT ETF · BBG CON SEC ETF0.63%$2M47.4K
35QQEWFIRST TR NAS100 EQ WEIGHTEDSHS0.62%$2M14.2K
36GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.62%$2M11.4K
37CSCOCISCO SYS INCCOM0.58%$2M32.9K
38EWEDWARDS LIFESCIENCES CORPCOM0.55%$2M16.3K
39GDGENERAL DYNAMICS CORPCOM0.53%$1M5.3K
40INTCINTEL CORPCOM0.52%$1M33.4K
41ICEINTERCONTINENTAL EXCHANGE INCOM0.49%$1M10.0K
42FCBCFIRST CMNTY BANKSHARES INC VCOM0.47%$1M38.4K
43ADSKAUTODESK INCCOM0.46%$1M5.0K
44VZVERIZON COMMUNICATIONS INCCOM0.43%$1M28.8K
45COMDIREXION SHS ETF TRAUSPCE CMD STG0.42%$1M41.5K
46CATCATERPILLAR INCCOM0.41%$1M3.1K
47EXCHANGE TRADED CONCEPTS TRROBO GLB ETF0.41%$1M19.4K
48QLDPROSHARES TRPSHS ULTRA QQQ0.40%$1M12.7K
49523 TRACT HOLDONGS LLCCOM0.38%$1M1
50APDAIR PRODS & CHEMS INCCOM0.38%$1M4.4K
51LOWLOWES COS INCCOM0.38%$1M4.1K
52IBMINTERNATIONAL BUSINESS MACHSCOM0.37%$1M5.5K
53AEPAMERICAN ELEC PWR CO INCCOM0.37%$1M12.0K
54CLCOLGATE PALMOLIVE COCOM0.37%$1M11.5K
55WFCWELLS FARGO CO NEWCOM0.36%$1M17.6K
56HSYHERSHEY COCOM0.36%$1M5.2K
57HONHONEYWELL INTL INCCOM0.35%$983,5574.8K
58TFCTRUIST FINL CORPCOM0.34%$945,81024.3K
59MRKMERCK & CO INCCOM0.33%$929,4557.0K
60PFEPFIZER INCCOM0.31%$885,28031.9K
61DUKDUKE ENERGY CORP NEWCOM NEW0.31%$875,9029.1K
62NVDANVIDIA CORPORATIONCOM0.29%$815,914903
63WMTWALMART INCCOM0.29%$812,83613.5K
64RGCORGC RES INCCOM0.29%$810,10640.0K
65VVISA INCCOM CL A0.28%$777,5162.8K
66PMPHILIP MORRIS INTL INCCOM0.28%$777,3958.5K
67QCOMQUALCOMM INCCOM0.26%$734,5924.3K
68MCDMCDONALDS CORPCOM0.26%$724,6102.6K
69SOSOUTHERN COCOM0.25%$698,3169.7K
70SLBSCHLUMBERGER LTDCOM STK0.24%$670,70912.2K
71NEENEXTERA ENERGY INCCOM0.24%$669,77610.5K
72TAT&T INCCOM0.24%$664,31237.7K
73COFCAPITAL ONE FINL CORPCOM0.23%$656,9014.4K
74AXPAMERICAN EXPRESS COCOM0.23%$656,8852.9K
75ABTABBOTT LABSCOM0.23%$639,1105.6K
76WELLWELLTOWER INCCOM0.21%$604,0896.5K
77GISGENERAL MLS INCCOM0.20%$574,3138.2K
78BMYBRISTOL-MYERS SQUIBB COCOM0.20%$564,26310.4K
79ADPAUTOMATIC DATA PROCESSING INCOM0.20%$554,4222.2K
80METAMETA PLATFORMS CDR CIBCCL A0.18%$519,0851.1K
81AMATAPPLIED MATLS INCCOM0.18%$504,6442.4K
82VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.17%$484,4642.7K
83DRIDARDEN RESTAURANTS INCCOM0.17%$465,5122.8K
84ORCLORACLE CORPCOM0.17%$464,7573.7K
85SHELSHELL PLCSPON ADS0.16%$463,2466.9K
86TGTTARGET CORPCOM0.16%$460,7462.6K
87BABOEING COCOM0.16%$451,9822.3K
88BACBK OF AMERICA CORPCOM0.16%$447,79711.8K
89BKHBLACK HILLS CORPCOM0.16%$436,8008.0K
90MOALTRIA GROUP INCCOM0.15%$434,0189.9K
91GLPIGAMING & LEISURE PPTYS INCCOM0.15%$433,7959.4K
92FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.15%$427,59624.7K
93MDLZMONDELEZ INTL INCCL A0.15%$417,2006.0K
94COPCONOCOPHILLIPSCOM0.14%$407,5503.2K
95BENFRANKLIN RESOURCES INCCOM0.14%$403,65914.4K
96GENERAL ELECTRIC COCOM0.14%$389,8522.2K
97AMLPALPS ETF TRSLERIAN MLP0.13%$373,9847.9K
98AMGNAMGEN INCCOM0.13%$365,9191.3K
99SYKSTRYKER CORPORATIONCOM0.13%$357,8701.0K
100NVSNOVARTIS AGSPONSORED ADR0.13%$353,4513.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2024$281M258Apr 5, 202413F-HRchanges · EDGAR ↗
Q4 2023$261M250Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$238M244Oct 17, 202313F-HRchanges · EDGAR ↗
Q2 2023$257M260Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$264M260Apr 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$252M265Jan 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$241M301Nov 16, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$259M310Jul 7, 202213F-HRchanges · EDGAR ↗
Q1 2022$295M327Apr 8, 202213F-HRchanges · EDGAR ↗
Q4 2021$307M320Jan 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$276M310Oct 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$267M303Jul 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$241M265Apr 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$228M237Jan 7, 202113F-HRchanges · EDGAR ↗
Q3 2020$202M209Oct 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$192M209Jul 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$168M198Apr 3, 202013F-HRchanges · EDGAR ↗
Q4 2019$209M222Jan 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$197M223Oct 9, 201913F-HRchanges · EDGAR ↗
Q2 2019$221M237Jul 3, 201913F-HRchanges · EDGAR ↗
Q1 2019$128M165Apr 3, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.