SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Summit Financial, LLC

CIK 0001765536 · 4 CAMPUS DRIVE, PARSIPPANY, NJ, 07054 · 9732853600

Reported Value
$758.5B
Q1 2021
Positions
56
Filings on Record
30
2019–present window
Filed
May 3, 2021
original filing

Summary

Summit Financial, LLC reported $758.5B in U.S.-listed holdings across 56 positions for Q1 2021.

The portfolio is heavily concentrated: Vanguard Index Fds Total Stk Mkt alone accounts for 48.6% of reported value.

Compared with Q4 2020, the fund opened 5 new positions and exited 1.

Portfolio Metrics

Turnover
+0.1%
vs prior filed quarter
Top-10 Concentration
+93.1%
share of reported value
Largest Position
+48.6%
Vanguard Index Fds Total Stk Mkt
New / Exited
5 / 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. 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
Q4 ’18: $515.0BQ4 ’18Q1 ’19: $582.8BQ2 ’19: $592.7BQ3 ’19: $590.2BQ4 ’19: $588.8BQ4 ’19Q1 ’20: $455.0BQ2 ’20: $564.8BQ3 ’20: $604.7BQ4 ’20: $711.4BQ4 ’20Q1 ’21: $758.5BQ2 ’21: $1.01TQ3 ’21: $1.17TQ4 ’21: $1.31TQ4 ’21Q1 ’22: $1.28TQ2 ’22: $1.07TQ3 ’22: $1.06TQ1 ’23: $1.1BQ1 ’23Q2 ’23: $1.4BQ3 ’23: $1.4BQ4 ’23: $1.5BQ1 ’24: $1.7BQ1 ’24Q2 ’24: $2.2BQ3 ’24: $2.6BQ4 ’24: $2.9BQ1 ’25: $3.6BQ1 ’25Q2 ’25: $4.4BQ3 ’25: $6.6BQ4 ’25: $6.8BQ1 ’26: $7.8BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 99.7%Common Stock: 0.3%Closed-End Fund: 0.0%
  • ETP · 99.7% · $756.1B
  • Common Stock · 0.3% · $2.3B
  • Closed-End Fund · 0.0% · $175M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD STAR FDS VG TL INTL STK FNEW+7.3K7.3K+$456M$456M
VANGUARD WHITEHALL FDS HIGH DIV YLDNEW+3.1K3.1K+$315M$315M
ISHARES TR EAFE SML CP ETFNEW+4.1K4.1K+$294M$294M
ISHARES TR S&P 500 VAL ETFNEW+1.4K1.4K+$202M$202M
NADNUVEEN QUALITY MUNCP INCOMENEW+11.5K11.5K+$175M$175M
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BDADDED+47.9K74.6K+$3.9B$6.2B
INVESCO EXCH TRADED FD TR II FNDMNTL HY CRPSOLD OUT−13.3K0−$260M$0
VANGUARD INDEX FDS SMALL CP ETFADDED+2.0K5.1K+$480M$1.1B

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

Holdings — Q1 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD INDEX FDS TOTAL STK MKTETF48.56%$368.3B1.78M
2VANGUARD INTL EQUITY INDEX F ALLWRLD EX USETF21.88%$166.0B2.74M
3VUGVANGUARD INDEX FDS GROWTH ETFhistory →ETF6.19%$46.9B182.5K
4VTVVANGUARD INDEX FDS VALUE ETFhistory →ETF4.88%$37.0B281.5K
5VANGUARD INDEX FDS SM CP VAL ETFETF4.49%$34.1B205.8K
6VANGUARD INDEX FDS MCAP VL IDXVIPETF3.63%$27.5B204.0K
7ISHARES TR CORE S&P500 ETFETF1.07%$8.1B20.4K
8ISHARES TR CORE MSCI EAFEETF0.92%$7.0B96.5K
9VANGUARD SCOTTSDALE FDS SHRT TRM CORP BDETF0.81%$6.2B74.6K
10ISHARES TR CORE TOTAL USDETF0.66%$5.0B94.2K
11ISHARES TR CORE S&P TTL STKETF0.59%$4.5B49.1K
12SCHWAB STRATEGIC TR US LCAP VA ETFETF0.46%$3.5B54.0K
13VANGUARD INDEX FDS S&P 500 ETF SHSETF0.42%$3.2B8.8K
14ISHARES TR NATIONAL MUN ETFETF0.38%$2.8B24.6K
15ISHARES TR CORE MSCI TOTALETF0.37%$2.8B40.4K
16SCHWAB STRATEGIC TR US LCAP GR ETFETF0.37%$2.8B21.5K
17SPDR INDEX SHS FDS GLB NAT RESRCEETF0.35%$2.7B53.6K
18VANGUARD INDEX FDS MID CAP ETFETF0.32%$2.4B11.0K
19ISHARES TR CORE S&P US VLUETF0.24%$1.8B26.1K
20ISHARES INC CORE MSCI EMKTETF0.23%$1.8B27.6K
21VANGUARD SCOTTSDALE FDS INT-TERM CORPETF0.23%$1.8B19.1K
22VANGUARD BD INDEX FDS INTERMED TERMETF0.22%$1.7B19.0K
23VANGUARD BD INDEX FDS TOTAL BND MRKTETF0.19%$1.4B16.6K
24ISHARES TR CORE S&P MCP ETFETF0.18%$1.4B5.3K
25ISHARES TR RUSSELL 2000 ETFETF0.15%$1.2B5.3K
26VANGUARD INDEX FDS SMALL CP ETFETF0.14%$1.1B5.1K
27ISHARES TR CORE S&P SCP ETFETF0.14%$1.1B10.0K
28ISHARES TR RUS 1000 ETFETF0.13%$965M4.3K
29VANGUARD INDEX FDS SML CP GRW ETFETF0.13%$960M3.5K
30VANGUARD INTL EQUITY INDEXF FTSE EMR MKT ETFETF0.12%$938M18.0K
31SPDR S&P 500 ETF TR TR UNITETF0.11%$864M2.2K
32JPMJPMORGAN CHASE & CO COMhistory →Common Stock0.11%$813M5.3K
33ISHARES TR 0-5YR INVT GR CPETF0.11%$808M15.6K
34ISHARES TR CORE US AGGBD ETETF0.11%$803M7.1K
35AAPLAPPLE INC COMhistory →Common Stock0.10%$751M6.1K
36VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETFETF0.10%$724M14.8K
37SCHWAB STRATEGIC TR US MID-CAP ETFETF0.09%$650M8.7K
38SCHWAB STRATEGIC TR US LRG CAP ETFETF0.06%$492M5.1K
39VANGUARD STAR FDS VG TL INTL STK FETF0.06%$456M7.3K
40VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETFETF0.06%$449M3.5K
41SPDR SER TR S&P DIVID ETFETF0.06%$447M3.8K
42MSFTMICROSOFT CORP COMhistory →Common Stock0.06%$446M1.9K
43ISHARES TR TIPS BD ETFETF0.05%$374M3.0K
44ISHARES TR RUS 2000 GRW ETFETF0.04%$337M1.1K
45VANGUARD CHARLOTTE FDS INTL BD IDX ETFETF0.04%$325M5.7K
46ISHARES TR RUS 2000 VAL ETFETF0.04%$321M4.5K
47VANGUARD WHITEHALL FDS HIGH DIV YLDETF0.04%$315M3.1K
48SCHWAB STRATEGIC TR US SML CAP ETFETF0.04%$313M3.1K
49INVESCO EXCH TRADED FD TR II FNDMNTL HY CRPETF0.04%$297M1.9K
50ISHARES TR EAFE SML CP ETFETF0.04%$294M4.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.8B1,397May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$6.8B1,283Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$6.6B1,238Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.4B809Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.6B706May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.9B662Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.6B556Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.2B487Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.7B381Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.5B351Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.4B332Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.4B319Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.1B256May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022under review248Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.06T253Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.07T231Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.28T247May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.31T243Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.17T221Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.01T167Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$758.5B56May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$711.4B52Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$604.7B34Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$564.8B35Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$455.0B43May 4, 202013F-HRchanges · EDGAR ↗
Q4 2019$588.8B46Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$590.2B44Nov 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$592.7B44Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$582.8B51May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$515.0B47Feb 8, 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 ↗.