SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Summit X, LLC

CIK 0001697729 · 16020 SWINGLEY RIDGE ROAD, SUITE 110, CHESTERFIELD, MO, 63017 · (636) 590-7173

Reported Value
$387M
Q1 2023
Positions
263
Filings on Record
27
2019–present window
Filed
May 10, 2023
original filing

Summary

Summit X, LLC reported $387M in U.S.-listed holdings across 263 positions for Q1 2023.

The portfolio is heavily concentrated: IVV alone accounts for 36.0% of reported value.

Compared with Q4 2022, the fund opened 55 new positions and exited 33.

Portfolio Metrics

Turnover
+26.1%
vs prior filed quarter
Top-10 Concentration
+59.3%
share of reported value
Largest Position
+36.0%
Ishares Tr
New / Exited
55 / 33
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: $234MQ1 ’19Q2 ’19: $245MQ3 ’19: $249MQ4 ’19: $269MQ1 ’20: $214MQ1 ’20Q2 ’20: $270MQ3 ’20: $6.1BQ4 ’20: $339MQ1 ’21: $364MQ1 ’21Q2 ’21: $396MQ3 ’21: $398MQ4 ’21: $429MQ1 ’22: $407MQ1 ’22Q2 ’22: $346MQ3 ’22: $339MQ4 ’22: $346MQ1 ’23: $387MQ1 ’23Q2 ’23: $412MQ3 ’23: $315MQ4 ’23: $352MQ1 ’24: $390MQ1 ’24Q2 ’24: $446MQ3 ’24: $411MQ4 ’24: $451MQ1 ’25: $476MQ1 ’25Q2 ’25: $536MQ3 ’25: $0filingsflow.com

Portfolio Composition

By security type
ETP: 48.9%Common Stock: 47.0%Closed-End Fund: 2.3%REIT: 0.8%ADR: 0.7%Other: 0.4%
  • ETP · 48.9% · $189M
  • Common Stock · 47.0% · $182M
  • Closed-End Fund · 2.3% · $9M
  • REIT · 0.8% · $3M
  • ADR · 0.7% · $3M
  • Other · 0.4% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IYWISHARES TRNEW+81.6K81.6K+$8M$8M
TLTISHARES TRNEW+44.6K44.6K+$5M$5M
FDLOFIDELITY COVINGTON TRUSTNEW+98.5K98.5K+$5M$5M
EMBISHARES TRNEW+23.3K23.3K+$2M$2M
HYDBISHARES TRNEW+38.0K38.0K+$2M$2M
CMRECOSTAMARE INCNEW+128.0K128.0K+$1M$1M
JMUBJ P MORGAN EXCHANGE TRADED FNEW+21.3K21.3K+$1M$1M
IGROISHARES TRNEW+14.4K14.4K+$872,018$872,018

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

Holdings — Q1 2023

205 positions (from 263 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVVISHARES TRCORE S&P500 ETF · MSCI USA QLT FCT · EAFE GRWTH ETF · MBS ETF · ESG AWR MSCI USA · EAFE VALUE ETF · U.S. TECH ETF · US TREAS BD ETF · 20 YR TR BD ETF · CORE MSCI EAFE · 10-20 YR TRS ETF · JPMORGAN USD EMG · CORE US AGGBD ET · US INFRASTRUC · HIGH YLD BD FCTR · RUS 1000 VAL ETF · RUS 1000 GRW ETF · CORE HIGH DV ETF · CORE S&P SCP ETF · CORE S&P MCP ETF · MSCI USA MIN VOL · INTL DIV GRWTH · CORE S&P TTL STK · CORE DIV GRWTH · 0-5YR HI YL CP · SHRT NAT MUN ETF · IBOXX HI YD ETF · US INDUSTRIALS · IBOXX INV CP ETF · CORE MSCI TOTAL · S&P 500 GRWT ETF · S&P 500 VAL ETF · A RATE CP BD ETF · S&P SML 600 GWT · U.S. ENERGY ETF · INTL SEL DIV ETF · CORE TOTAL USD · GBL COMM SVC ETF · COHEN STEER REIT · MSCI USA MMENTM · ISHARES SEMICDTR · GLOBAL TECH ETF · 7-10 YR TRSY BD · MSCI EMG MKT ETF36.01%$139M1.45M
2AAPLAPPLE INChistory →COM5.95%$23M139.6K
3FBNDFIDELITY MERRIMACK STR TRhistory →TOTAL BD ETF4.35%$17M365.9K
4MSFTMICROSOFT CORPhistory →COM2.35%$9M31.6K
5FDLOFIDELITY COVINGTON TRUSTLOW VOLITY ETF · MSCI INFO TECH I · HIGH DIVID ETF · HIGH YILD ETF · DIVID ETF RISI · FIDELITY MAGELAN · MSCI HLTH CARE I2.31%$9M189.7K
6IEMGISHARES INCCORE MSCI EMKT · ESG AWR MSCI EM · MSCI EMERG MRKT2.13%$8M173.2K
7ORLYOREILLY AUTOMOTIVE INChistory →COM1.86%$7M8.5K
8MAMASTERCARD INCORPORATEDhistory →CL A1.53%$6M16.3K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.49%$6M55.7K
10BNDVANGUARD BD INDEX FDShistory →TOTAL BND MRKT1.33%$5M69.7K
11PGPROCTER AND GAMBLE COhistory →COM1.21%$5M31.4K
12VVISA INChistory →COM CL A1.04%$4M17.8K
13EXMOCEXXON MOBIL CORPCOM0.89%$3M31.4K
14NVDANVIDIA CORPORATIONCOM0.88%$3M12.2K
15ABBVABBVIE INCCOM0.86%$3M20.8K
16AMZNAMAZON COM INCCOM0.85%$3M31.8K
17MCDMCDONALDS CORPCOM0.72%$3M9.9K
18UNHUNITEDHEALTH GROUP INCCOM0.69%$3M5.6K
19BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.68%$3M8.4K
20WMTWALMART INCCOM0.67%$3M17.5K
21DISDISNEY WALT COCOM0.66%$3M25.5K
22EMREMERSON ELEC COCOM0.56%$2M24.6K
23DSLDOUBLELINE INCOME SOLUTIONSCOM0.54%$2M185.0K
24KOCOCA COLA COCOM0.53%$2M33.2K
25JPMJPMORGAN CHASE & COCOM0.49%$2M14.6K
26RTXRAYTHEON TECHNOLOGIES CORPCOM0.49%$2M19.5K
27GILDGILEAD SCIENCES INCCOM0.49%$2M22.6K
28BABOEING COCOM0.47%$2M8.6K
29QQQINVESCO QQQ TRUNIT SER 10.44%$2M5.4K
30AEEAMEREN CORPCOM0.43%$2M19.3K
31HDHOME DEPOT INCCOM0.41%$2M5.4K
32ADBEADOBE SYSTEMS INCORPORATEDCOM0.41%$2M4.1K
33SBUXSTARBUCKS CORPCOM0.40%$2M14.8K
34HCAHCA HEALTHCARE INCCOM0.39%$2M5.8K
35PEPPEPSICO INCCOM0.39%$2M8.2K
36TMOTHERMO FISHER SCIENTIFIC INCCOM0.38%$1M2.5K
37CMCSACOMCAST CORP NEWCL A0.37%$1M37.8K
38METAMETA PLATFORMS INCCL A0.35%$1M6.4K
39JMUBJ P MORGAN EXCHANGE TRADED FMUNICIPAL ETF · EQUITY PREMIUM0.35%$1M26.2K
40DHRDANAHER CORPORATIONCOM0.34%$1M5.3K
41NEENEXTERA ENERGY INCCOM0.34%$1M16.9K
42COSTCOSTCO WHSL CORP NEWCOM0.33%$1M2.6K
43SPYDSPDR SER TRPRTFLO S&P500 HI · S&P DIVID ETF0.33%$1M28.5K
44FCNCAFIRST CTZNS BANCSHARES INC NCL A0.33%$1M1.3K
45CCITIGROUP INCCOM NEW0.33%$1M27.2K
46GLDSPDR GOLD TRGOLD SHS0.32%$1M6.7K
47CMRECOSTAMARE INCSHS0.31%$1M128.0K
48TMUST-MOBILE US INCCOM0.31%$1M8.3K
49KIOKKR INCOME OPPORTUNITIES FDCOM0.30%$1M106.7K
50FFORD MTR CO DELCOM0.30%$1M91.5K
51LUMINAR TECHNOLOGIES INCCOM CL A0.28%$1M169.7K
52FTSLFIRST TR EXCHANGE-TRADED FDSENIOR LN FD0.28%$1M24.3K
53PMPHILIP MORRIS INTL INCCOM0.28%$1M11.1K
54AVUSAMERICAN CENTY ETF TRUS EQT ETF · US SML CP VALU · US LARGE CAP VLU0.28%$1M16.9K
55LMTLOCKHEED MARTIN CORPCOM0.28%$1M2.3K
56GPCGENUINE PARTS COCOM0.27%$1M6.3K
57ASMLASML HOLDING N VN Y REGISTRY SHS0.27%$1M1.5K
58DOWDOW INCCOM0.26%$1M18.7K
59JGHNUVEEN GLOBAL HIGH INCOME FDSHS0.26%$1M91.4K
60MRKMERCK & CO INCCOM0.26%$1M9.3K
61DALDELTA AIR LINES INC DELCOM NEW0.26%$1M28.8K
62PDIPIMCO DYNAMIC INCOME FDSHS0.26%$993,32855.1K
63KMBKIMBERLY-CLARK CORPCOM0.25%$965,4417.2K
64AWKAMERICAN WTR WKS CO INC NEWCOM0.25%$949,3786.5K
65TSLATESLA INCCOM0.24%$910,3184.4K
66AMDADVANCED MICRO DEVICES INCCOM0.23%$906,6909.3K
67NXPINXP SEMICONDUCTORS N VCOM0.23%$903,8474.8K
68CORAMERISOURCEBERGEN CORPCOM0.23%$896,2965.6K
69BKNGBOOKING HOLDINGS INCCOM0.23%$872,637329
70FDXFEDEX CORPCOM0.22%$860,3883.8K
71DUKDUKE ENERGY CORP NEWCOM NEW0.22%$851,4458.8K
72NOCNORTHROP GRUMMAN CORPCOM0.21%$831,6341.8K
73CTASCINTAS CORPCOM0.21%$828,5931.8K
74BUDANHEUSER BUSCH INBEV SA/NVSPONSORED ADR0.21%$828,34212.4K
75GERNGERON CORPCOM0.21%$813,248374.8K
76PLDPROLOGIS INC.COM0.21%$808,0636.5K
77PFOFLAHERTY & CRUMRINE PFD INCOCOM0.21%$794,26596.3K
78IQVIQVIA HLDGS INCCOM0.20%$787,2064.0K
79ROPROPER TECHNOLOGIES INCCOM0.20%$778,7231.8K
80PFEPFIZER INCCOM0.20%$768,03018.8K
81EQIXEQUINIX INCCOM0.20%$768,0301.1K
82REGNREGENERON PHARMACEUTICALSCOM0.20%$767,436934
83CVXCHEVRON CORP NEWCOM0.20%$758,3374.6K
84ELVELEVANCE HEALTH INCCOM0.19%$750,9841.6K
85DEDEERE & COCOM0.19%$734,0311.8K
86GHYPGIM GLOBAL HIGH YIELD FD FOCOM0.19%$728,61766.4K
87VBVANGUARD INDEX FDSSMALL CP ETF · GROWTH ETF · TOTAL STK MKT0.19%$721,5543.4K
88NMZNUVEEN MUN HIGH INCOME OPPORCOM0.19%$719,81566.6K
89ODFLOLD DOMINION FREIGHT LINE INCOM0.18%$695,6842.0K
90UPSUNITED PARCEL SERVICE INCCL B0.17%$675,4283.5K
91SCHWSCHWAB CHARLES CORPCOM0.17%$665,96912.7K
92WMBWILLIAMS COS INCCOM0.17%$662,25322.2K
93MPCMARATHON PETE CORPCOM0.17%$657,4014.9K
94AEPAMERICAN ELEC PWR CO INCCOM0.17%$653,6707.2K
95CSCOCISCO SYS INCCOM0.17%$642,89812.3K
96FISFIDELITY NATL INFORMATION SVCOM0.17%$641,53811.8K
97XRNPXCOHEN & STEERS REIT & PFD &COM0.17%$639,78832.8K
98SPYSPDR S&P 500 ETF TRTR UNIT0.17%$639,7641.6K
99CITHE CIGNA GROUPCOM0.17%$639,6612.5K
100TAT&T INCCOM0.16%$636,55933.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$01Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$536M285Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$476M240May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$451M218Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$411M212Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$446M235Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$390M207May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$352M190Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$315M181Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$412M271Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$387M263May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$346M241Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$339M246Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$346M243Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$407M253May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$429M258Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$398M260Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$396M264Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$364M261May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$339M250Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$6.1B449Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$270M213Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$214M199May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$269M236Jan 23, 202013F-HRchanges · EDGAR ↗
Q3 2019$249M229Oct 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$245M236Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$234M243May 13, 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 ↗.