SEC 13F Intelligence

Managers / Q1 2023 · view latest →

SUMMIT FINANCIAL GROUP, INC.

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

Reported Value
$264M
Q1 2023
Positions
260
Filings on Record
22
2019–present window
Filed
Apr 11, 2023
original filing

Summary

Summit Financial Group, Inc. reported $264M in U.S.-listed holdings across 260 positions for Q1 2023.

The portfolio is heavily concentrated: IJR alone accounts for 28.5% of reported value.

Compared with Q4 2022, the fund opened 4 new positions and exited 7.

Portfolio Metrics

Turnover
+6.2%
vs prior filed quarter
Top-10 Concentration
+53.9%
share of reported value
Largest Position
+28.5%
Ishares Tr
New / Exited
4 / 7
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: 48.3%Common Stock: 46.9%Other: 3.9%REIT: 0.5%ADR: 0.4%
  • ETP · 48.3% · $127M
  • Common Stock · 46.9% · $124M
  • Other · 3.9% · $10M
  • REIT · 0.5% · $1M
  • ADR · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EXXON MOBIL CORPNEW+45.9K45.9K+$5M$5M
GENERAL ELECTRIC CONEW+2.2K2.2K+$212,949$212,949
ACNACCENTURE PLC IRELANDNEW+717717+$204,925$204,925
CONOCOPHILLIPSNEW+144144+$14,286$14,286
BAXBAXTER INTL INCSOLD OUT−9.5K0−$482,000$0
IPORENAISSANCE CAP GREENWICHSOLD OUT−14.6K0−$360,000$0
BPBP PLCSOLD OUT−8.0K0−$279,000$0
SBIOALPS ETF TRSOLD OUT−8.7K0−$264,000$0

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

Holdings — Q1 2023

128 positions (from 260 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IJRISHARES TRCORE S&P SCP ETF · MSCI EAFE ETF · SELECT DIVID ETF · CORE S&P MCP ETF · CORE US AGGBD ET · MSCI EMG MKT ETF · CORE S&P500 ETF · PFD AND INCM SEC · CORE HIGH DV ETF · 3 7 YR TREAS BD · RUS MID CAP ETF · ISHS 1-5YR INVS · 1 3 YR TREAS BD · RUSSELL 2000 ETF · RUS 1000 VAL ETF · IBOXX HI YD ETF · RUS 1000 GRW ETF · S&P 500 GRWT ETF · ISHARES BIOTECH · RUS MD CP GR ETF · INTL SEL DIV ETF · GLOBAL TECH ETF · U.S. MED DVC ETF · U.S. FIN SVC ETF · US OIL EQ&SV ETF · S&P 100 ETF · RUS 1000 ETF · FLTG RATE NT ETF · MSCI ACWI EX US · MSCI ACWI ETF · US TREAS BD ETF · S&P SML 600 GWT · S&P MC 400GR ETF · US INDUSTRIALS · 7-10YR TRSY BD · MICRO-CAP ETF · MBS ETF · CORE INTL AGGR · GLOBAL 100 ETF · S&P TTL STK · RUS 2000 GRW ETF · MSCI USA MMENTM · FALN ANGLS USD · U.S. REAL ES ETF28.48%$75M978.4K
2HONHONEYWELL INTL INChistory →COM4.25%$11M6.3K
3MSFTMICROSOFT CORPhistory →COM3.52%$9M32.2K
4RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT · S&P SML600 VAL3.36%$9M66.0K
5SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.07%$8M19.8K
6PGPROCTER AND GAMBLE COhistory →COM2.56%$7M45.4K
7XLESELECT SECTOR SPDR TRENERGY · FINANCIAL · SBI INT-INDS · SBI HEALTHCARE · SBI CONS SPLS · SBI MATERIALS · TECHNOLOGY2.36%$6M88.6K
8JNJJOHNSON & JOHNSONhistory →COM2.29%$6M38.9K
9EXMOCEXXON MOBIL CORPCOM2.00%$5M48.1K
10VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · ALLWRLD EX US1.99%$5M115.9K
11SUMMIT FINL GROUP INCCOM1.93%$5M244.7K
12AAPLAPPLE INChistory →COM1.63%$4M26.1K
13LLYLILLY ELI & COhistory →COM1.49%$4M11.4K
14QQQINVESCO QQQ TRhistory →UNIT SER 11.40%$4M11.5K
15KOCOCA COLA COhistory →COM1.29%$3M54.9K
16CSXCSX CORPhistory →COM1.29%$3M113.5K
17RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.10%$3M29.7K
18VRPINVESCO EXCH TRADED FD TR IIVAR RATE PFD · S&P 500 HB ETF1.05%$3M85.1K
19HDHOME DEPOT INCCOM0.97%$3M8.7K
20WMWASTE MGMT INC DELCOM0.95%$3M15.3K
21SJNKSPDR SER TRBLOOMBERG SHT TE · DJ REIT ETF · BBG CON SEC ETF0.95%$3M63.9K
22PEPPEPSICO INCCOM0.93%$2M13.5K
23SMHVANECK ETF TRUSTSEMICONDUCTR ETF · AGRIBUSINESS ETF · HIGH YLD MUNIETF · PREFERRED SECURT0.91%$2M30.5K
24CVXCHEVRON CORP NEWCOM0.81%$2M13.1K
25VEAVANGUARD TAX-MANAGED INTLF VAN ETSF DEV MKT0.80%$2M46.6K
26CIBRFIRST TR EXCHANGE TRADED FDNASDAQ CYB ETF · DJ INTERNT IDX0.79%$2M35.0K
27DISDISNEY WALT COCOM0.79%$2M20.7K
28NSCNORFOLK SOUTHN CORPCOM0.76%$2M9.5K
29BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.72%$2M3.1K
30JPMJPMORGAN CHASE & COCOM0.70%$2M14.2K
31COMDIREXION SHS ETF TRAUSPCE CMD STG0.69%$2M59.3K
32ABBVABBVIE INCCOM0.67%$2M11.1K
33FISVFISERV INCCOM0.65%$2M15.2K
34EMREMERSON ELEC COCOM0.65%$2M19.6K
35CSCOCISCO SYS INCCOM0.64%$2M32.1K
36EWEDWARDS LIFESCIENCES CORPCOM0.62%$2M19.7K
37HSYHERSHEY COCOM0.58%$2M6.0K
38PFEPFIZER INCCOM0.56%$1M36.3K
39QQEWFIRST TR NAS100 EQ WEIGHTEDSHS0.51%$1M13.3K
40GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.51%$1M12.8K
41INTCINTEL CORPCOM0.48%$1M38.8K
42APDAIR PRODS & CHEMS INCCOM0.48%$1M4.4K
43AEPAMERICAN ELEC PWR CO INCCOM0.48%$1M13.9K
44ADSKAUTODESK INCCOM0.47%$1M6.0K
45VZVERIZON COMMUNICATIONS INCCOM0.46%$1M31.2K
46GDGENERAL DYNAMICS CORPCOM0.46%$1M5.3K
47AMZNAMAZON COM INCCOM0.44%$1M11.3K
48PAVEGLOBAL X FDSUS INFR DEV ETF0.43%$1M40.2K
49EXCHANGE TRADED CONCEPTS TRROBO GLB ETF0.42%$1M20.3K
50ICEINTERCONTINENTAL EXCHANGE INCOM0.39%$1M10.0K
51CLCOLGATE PALMOLIVE COCOM0.39%$1M13.8K
52IBMINTERNATIONAL BUSINESS MACHSCOM0.35%$933,2297.1K
53TAT&T INCCOM0.35%$930,23648.3K
54RGCORGC RES INCCOM0.35%$928,17940.0K
55FCBCFIRST CMNTY BANKSHARES INC VCOM0.35%$926,37337.0K
56NEENEXTERA ENERGY INCCOM0.32%$852,81311.1K
57PMPHILIP MORRIS INTL INCCOM0.31%$827,5978.5K
58CATCATERPILLAR INCCOM0.30%$798,8803.5K
59MCDMCDONALDS CORPCOM0.30%$782,3472.8K
60QCOMQUALCOMM INCCOM0.29%$778,1096.1K
61MRKMERCK & CO INCCOM0.29%$771,7537.3K
62LOWLOWES COS INCCOM0.29%$768,4843.8K
63ADPAUTOMATIC DATA PROCESSING INCOM0.29%$765,8473.4K
64DDDUPONT DE NEMOURS INCCOM0.28%$751,71810.5K
65TFCTRUIST FINL CORPCOM0.28%$728,51221.4K
66BMYBRISTOL-MYERS SQUIBB COCOM0.28%$726,36810.5K
67SOSOUTHERN COCOM0.28%$725,99710.4K
68WMTWALMART INCCOM0.27%$721,4724.9K
69SLBSCHLUMBERGER LTDCOM STK0.27%$714,74814.6K
70AXPAMERICAN EXPRESS COCOM0.26%$677,9444.1K
71WFCWELLS FARGO CO NEWCOM0.25%$668,54017.9K
72DUKDUKE ENERGY CORP NEWCOM NEW0.25%$655,2246.8K
73QLDPROSHARES TRPSHS ULTRA QQQ0.24%$629,53912.7K
74GISGENERAL MLS INCCOM0.23%$615,9957.2K
75ABTABBOTT LABSCOM0.23%$615,7626.1K
76VVISA INCCOM CL A0.23%$594,7632.6K
77WELLWELLTOWER INCCOM0.20%$527,1367.4K
78BABOEING COCOM0.20%$524,0642.5K
79VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.19%$504,8443.3K
80BKHBLACK HILLS CORPCOM0.19%$504,8008.0K
81GLPIGAMING & LEISURE PPTYS INCCOM0.19%$490,1969.4K
82SRLNSSGA ACTIVE ETF TRBLACKSTONE SENR0.19%$488,77111.8K
83BENFRANKLIN RESOURCES INCCOM0.18%$469,83317.4K
84SBUXSTARBUCKS CORPCOM0.17%$459,5254.4K
85COPCONOCOPHILLIPSCOM0.17%$456,5644.6K
86DRIDARDEN RESTAURANTS INCCOM0.17%$447,0152.9K
87MOALTRIA GROUP INCCOM0.17%$445,08410.0K
88NEARISHARES U S ETF TRBLACKROCK ST MAT0.17%$439,1088.9K
89METAMETA PLATFORMS CDR CIBCCL A0.17%$436,3842.1K
90TGTTARGET CORPCOM0.16%$430,6382.6K
91COFCAPITAL ONE FINL CORPCOM0.16%$424,2574.4K
92MMM3M COCOM0.15%$405,3043.9K
93SHELSHELL PLCSPON ADS0.15%$404,2187.0K
94DDOMINION ENERGY INCCOM0.15%$402,0487.2K
95FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.15%$402,00025.2K
96CBCHUBB LIMITEDCOM0.15%$386,4172.0K
97ORCLORACLE CORPCOM0.13%$348,4503.8K
98NVSNOVARTIS AGSPONSORED ADR0.13%$339,8483.7K
99BACBK OF AMERICA CORPCOM0.13%$339,16711.9K
100KHCKRAFT HEINZ COCOM0.13%$338,6718.8K

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 ↗.