SEC 13F Intelligence

Managers / Q2 2023 · view latest →

SUMMIT FINANCIAL GROUP, INC.

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

Reported Value
$257M
Q2 2023
Positions
260
Filings on Record
22
2019–present window
Filed
Jul 13, 2023
original filing

Summary

Summit Financial Group, Inc. reported $257M in U.S.-listed holdings across 260 positions for Q2 2023.

The portfolio is heavily concentrated: IJR alone accounts for 28.9% of reported value.

Compared with Q1 2023, the fund opened 2 new positions and exited 7.

Portfolio Metrics

Turnover
+6.7%
vs prior filed quarter
Top-10 Concentration
+53.4%
share of reported value
Largest Position
+28.9%
Ishares Tr
New / Exited
2 / 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: 49.7%Common Stock: 47.5%Other: 2.0%ADR: 0.4%REIT: 0.4%
  • ETP · 49.7% · $128M
  • Common Stock · 47.5% · $122M
  • Other · 2.0% · $5M
  • ADR · 0.4% · $1M
  • REIT · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CORPORATIONNEW+930930+$381,987$381,987
KMBKIMBERLY-CLARK CORPNEW+1.5K1.5K+$203,776$203,776
EXMOCEXXON MOBIL CORPADDED+43.1K45.4K+$5M$5M
SMHVANECK ETF TRUSTADDED+6.0K10.6K+$403,730$2M
EXXON MOBIL CORPSOLD OUT−45.9K0−$5M$0
MBBISHARES TRSOLD OUT−2.8K0−$263,823$0
ETF MANAGERS TRSOLD OUT−6.3K0−$260,895$0
IWOISHARES TRSOLD OUT−9800−$222,283$0

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

Holdings — Q2 2023

128 positions (from 260 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IJRISHARES TRCORE S&P SCP ETF · MSCI EAFE ETF · CORE S&P MCP ETF · CORE US AGGBD ET · SELECT DIVID ETF · MSCI EMG MKT ETF · CORE S&P500 ETF · CORE HIGH DV ETF · PFD AND INCM SEC · 3 7 YR TREAS BD · RUS MID CAP ETF · RUSSELL 2000 ETF · ISHS 1-5YR INVS · 1 3 YR TREAS BD · RUS 1000 VAL ETF · RUS 1000 GRW ETF · IBOXX HI YD ETF · S&P 500 GRWT ETF · RUS MD CP GR ETF · ISHARES BIOTECH · GLOBAL TECH ETF · INTL SEL DIV ETF · U.S. MED DVC ETF · U.S. FIN SVC ETF · S&P 100 ETF · RUS 1000 ETF · US OIL EQ&SV ETF · MSCI ACWI ETF · FLTG RATE NT ETF · US TREAS BD ETF · US INDUSTRIALS · 7-10YR TRSY BD · MICRO-CAP ETF · S&P MC 400GR ETF · S&P SML 600 GWT · MSCI ACWI EX US · GLOBAL 100 ETF · CORE INTL AGGR · S&P TTL STK · U.S. REAL ES ETF · FALN ANGLS USD · 2 3 YR TREAS BD28.90%$74M939.9K
2MSFTMICROSOFT CORPhistory →COM4.07%$10M30.7K
3RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT · S&P SML600 VAL3.36%$9M62.4K
4SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.36%$9M19.5K
5PGPROCTER AND GAMBLE COhistory →COM2.57%$7M43.6K
6XLESELECT SECTOR SPDR TRENERGY · FINANCIAL · SBI INT-INDS · SBI HEALTHCARE · SBI CONS SPLS · TECHNOLOGY · SBI MATERIALS2.56%$7M89.8K
7JNJJOHNSON & JOHNSONhistory →COM2.45%$6M38.1K
8LLYLILLY ELI & COhistory →COM2.11%$5M11.6K
9VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · ALLWRLD EX US2.05%$5M115.0K
10SUMMIT FINL GROUP INCCOM1.96%$5M244.2K
11AAPLAPPLE INChistory →COM1.94%$5M25.7K
12EXMOCEXXON MOBIL CORPhistory →COM1.89%$5M45.4K
13QQQINVESCO QQQ TRhistory →UNIT SER 11.53%$4M10.6K
14CSXCSX CORPhistory →COM1.51%$4M113.5K
15KOCOCA COLA COhistory →COM1.23%$3M52.6K
16RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.08%$3M28.3K
17SMHVANECK ETF TRUSTSEMICONDUCTR ETF · HIGH YLD MUNIETF · AGRIBUSINESS ETF · PREFERRED SECURT1.07%$3M36.2K
18HDHOME DEPOT INChistory →COM1.05%$3M8.7K
19WMWASTE MGMT INC DELhistory →COM1.01%$3M15.0K
20SPHBINVESCO EXCH TRADED FD TR IIS&P 500 HB ETF · VAR RATE PFD0.99%$3M71.4K
21PEPPEPSICO INCCOM0.91%$2M12.7K
22CIBRFIRST TR EXCHANGE TRADED FDNASDAQ CYB ETF · DJ INTERNT IDX0.88%$2M35.6K
23VEAVANGUARD TAX-MANAGED INTLF VAN ETSF DEV MKT0.84%$2M46.6K
24NSCNORFOLK SOUTHN CORPCOM0.84%$2M9.5K
25BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.81%$2M3.1K
26JPMJPMORGAN CHASE & COCOM0.80%$2M14.2K
27CVXCHEVRON CORP NEWCOM0.80%$2M13.1K
28SJNKSPDR SER TRBLOOMBERG SHT TE · DJ REIT ETF · BBG CON SEC ETF0.80%$2M52.3K
29EWEDWARDS LIFESCIENCES CORPCOM0.72%$2M19.7K
30DISDISNEY WALT COCOM0.70%$2M20.1K
31COMDIREXION SHS ETF TRAUSPCE CMD STG0.69%$2M60.5K
32EMREMERSON ELEC COCOM0.69%$2M19.5K
33FISVFISERV INCCOM0.65%$2M13.3K
34CSCOCISCO SYS INCCOM0.65%$2M32.1K
35GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.60%$2M12.9K
36ABBVABBVIE INCCOM0.58%$1M11.0K
37AMZNAMAZON COM INCCOM0.57%$1M11.3K
38QQEWFIRST TR NAS100 EQ WEIGHTEDSHS0.55%$1M13.3K
39HSYHERSHEY COCOM0.53%$1M5.5K
40APDAIR PRODS & CHEMS INCCOM0.51%$1M4.4K
41PFEPFIZER INCCOM0.49%$1M34.5K
42ADSKAUTODESK INCCOM0.48%$1M6.0K
43EXCHANGE TRADED CONCEPTS TRROBO GLB ETF0.48%$1M20.9K
44VZVERIZON COMMUNICATIONS INCCOM0.46%$1M32.0K
45INTCINTEL CORPCOM0.46%$1M35.1K
46PAVEGLOBAL X FDSUS INFR DEV ETF0.45%$1M36.9K
47GDGENERAL DYNAMICS CORPCOM0.44%$1M5.3K
48HONHONEYWELL INTL INCCOM0.44%$1M5.5K
49ICEINTERCONTINENTAL EXCHANGE INCOM0.44%$1M10.0K
50AEPAMERICAN ELEC PWR CO INCCOM0.44%$1M13.3K
51FCBCFIRST CMNTY BANKSHARES INC VCOM0.43%$1M37.0K
52CLCOLGATE PALMOLIVE COCOM0.37%$953,06112.4K
53LOWLOWES COS INCCOM0.34%$867,3643.8K
54METAMETA PLATFORMS CDR CIBCCL A0.33%$849,1733.0K
55MRKMERCK & CO INCCOM0.33%$837,0397.3K
56MCDMCDONALDS CORPCOM0.32%$834,9502.8K
57PMPHILIP MORRIS INTL INCCOM0.32%$828,3058.5K
58NEENEXTERA ENERGY INCCOM0.32%$820,94811.1K
59QLDPROSHARES TRPSHS ULTRA QQQ0.32%$817,62612.7K
60RGCORGC RES INCCOM0.31%$801,70040.0K
61CATCATERPILLAR INCCOM0.31%$785,1453.2K
62IBMINTERNATIONAL BUSINESS MACHSCOM0.30%$769,5415.8K
63WFCWELLS FARGO CO NEWCOM0.30%$763,33117.9K
64DDDUPONT DE NEMOURS INCCOM0.29%$748,19010.5K
65TAT&T INCCOM0.29%$746,10846.8K
66SOSOUTHERN COCOM0.29%$732,98810.4K
67AXPAMERICAN EXPRESS COCOM0.28%$715,9624.1K
68BMYBRISTOL-MYERS SQUIBB COCOM0.26%$670,19610.5K
69SLBSCHLUMBERGER LTDCOM STK0.26%$665,91913.6K
70ABTABBOTT LABSCOM0.25%$654,7746.0K
71TFCTRUIST FINL CORPCOM0.25%$648,39621.4K
72WMTWALMART INCCOM0.25%$633,9064.0K
73VVISA INCCOM CL A0.24%$626,4722.6K
74QCOMQUALCOMM INCCOM0.24%$612,9365.1K
75DUKDUKE ENERGY CORP NEWCOM NEW0.24%$609,5136.8K
76WELLWELLTOWER INCCOM0.23%$594,7847.4K
77ADPAUTOMATIC DATA PROCESSING INCOM0.22%$574,7502.6K
78GISGENERAL MLS INCCOM0.21%$552,8537.2K
79VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.21%$531,6333.3K
80BABOEING COCOM0.20%$520,9312.5K
81SRLNSSGA ACTIVE ETF TRBLACKSTONE SENR0.19%$486,69611.6K
82COFCAPITAL ONE FINL CORPCOM0.19%$482,5404.4K
83BKHBLACK HILLS CORPCOM0.19%$482,0808.0K
84DRIDARDEN RESTAURANTS INCCOM0.19%$481,3572.9K
85COPCONOCOPHILLIPSCOM0.19%$476,8124.6K
86BENFRANKLIN RESOURCES INCCOM0.18%$465,82217.4K
87GLPIGAMING & LEISURE PPTYS INCCOM0.18%$456,2999.4K
88MOALTRIA GROUP INCCOM0.18%$450,7349.9K
89ORCLORACLE CORPCOM0.17%$440,6333.7K
90MDLZMONDELEZ INTL INCCL A0.17%$434,7226.0K
91SHELSHELL PLCSPON ADS0.16%$424,1697.0K
92FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.16%$402,25125.2K
93SBUXSTARBUCKS CORPCOM0.15%$387,6213.9K
94NVDANVIDIA CORPORATIONCOM0.15%$381,987930
95NVSNOVARTIS AGSPONSORED ADR0.14%$372,7613.7K
96MMM3M COCOM0.14%$365,9293.7K
97AMATAPPLIED MATLS INCCOM0.14%$353,6892.4K
98DDOMINION ENERGY INCCOM0.14%$349,4786.7K
99TGTTARGET CORPCOM0.13%$342,9402.6K
100BACBK OF AMERICA CORPCOM0.13%$338,80011.8K

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 ↗.