Managers / Q2 2025 · view latest →
Summit Financial Consulting LLC
CIK 0002065794 · 43409 SCHOENHERR ROAD, STERLING HEIGHTS, MI, 48313 · 586-226-2100
Summary
Summit Financial Consulting LLC reported $111M in U.S.-listed holdings across 40 positions for Q2 2025.
The portfolio is heavily concentrated: IYF alone accounts for 88.4% of reported value.
Compared with Q1 2025, the fund opened 7 new positions and exited 9.
Portfolio Metrics
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
Portfolio Composition
- ETP · 95.7% · $106M
- Common Stock · 3.2% · $4M
- Closed-End Fund · 0.8% · $941,066
- MLP · 0.3% · $304,921
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +52.9K | 52.9K | +$6M | $6M |
| ISHARES TR | NEW | +16.3K | 16.3K | +$2M | $2M |
| ISHARES TR | NEW | +25.8K | 25.8K | +$2M | $2M |
| ISHARES TR | NEW | +46.8K | 46.8K | +$2M | $2M |
| ISHARES TR | NEW | +11.0K | 11.0K | +$2M | $2M |
| ISHARES TR | NEW | +21.9K | 21.9K | +$2M | $2M |
| AMZNAMAZON COM INC | NEW | +1.0K | 1.0K | +$220,048 | $220,048 |
| ISHARES TR | ADDED | +548.5K | 554.5K | +$53M | $53M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IYFISHARES TR | 7-10 YR TRSY BD · US TELECOM ETF · U.S. FINLS ETF · U.S. ENERGY ETF · US CONSUM DISCRE · U.S. UTILITS ETF · DOW JONES US ETF · MSCI EAFE ETF · MSCI EMG MKT ETF · S&P 500 VAL ETF · U.S. REAL ES ETF · 20 YR TR BD ETF · CORE US AGGBD ET · IBOXX HI YD ETF · IBOXX INV CP ETF · CRE U S REIT ETF · NATIONAL MUN ETF | 88.45% | $98M | 1.24M |
| 2 | INVESCO EXCHANGE TRADED FD T | S&P 500 TOP 50 · S&P 500 GARP ETF | 2.42% | $3M | 48.4K |
| 3 | XLUSELECT SECTOR SPDR TR | TECHNOLOGY · SBI INT-UTILS | 1.20% | $1M | 9.6K |
| 4 | PIMCO ETF TR | INTER MUN BD ACT · SHTRM MUN BD ACT | 1.15% | $1M | 25.2K |
| 5 | MSFTMICROSOFT CORP | COM | 0.96% | $1M | 2.2K |
| 6 | SPDR SER TR | PORTFOLIO S&P500 | 0.78% | $866,282 | 11.9K |
| 7 | AAPLAPPLE INC | COM | 0.62% | $690,064 | 3.4K |
| 8 | DBX ETF TR | XTRACK MUN INFRA | 0.60% | $670,808 | 28.0K |
| 9 | FRANKLIN TEMPLETON ETF TR | FRANKLIN DYN MUN | 0.58% | $642,575 | 26.5K |
| 10 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.51% | $567,379 | 1.2K |
| 11 | NADNUVEEN QUALITY MUNCP INCOME | COM | 0.32% | $356,820 | 31.6K |
| 12 | DTEDTE ENERGY CO | COM | 0.28% | $310,100 | 2.3K |
| 13 | EPDENTERPRISE PRODS PARTNERS L | COM | 0.27% | $304,921 | 9.8K |
| 14 | COSTCOSTCO WHSL CORP NEW | COM | 0.27% | $304,902 | 308 |
| 15 | MIYBLACKROCK MUNIYIELD MICH QU | COM | 0.27% | $302,982 | 27.4K |
| 16 | VANGUARD ADMIRAL FDS INC | MIDCP 400 VAL | 0.26% | $293,761 | 3.1K |
| 17 | NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 0.25% | $281,264 | 23.6K |
| 18 | INVESCO EXCH TRADED FD TR II | S&P SMLCP STAP | 0.25% | $279,100 | 8.4K |
| 19 | VVISA INC | COM CL A | 0.20% | $220,131 | 620 |
| 20 | AMZNAMAZON COM INC | COM | 0.20% | $220,048 | 1.0K |
| 21 | FFORD MTR CO | COM | 0.15% | $165,352 | 15.2K |
Filing History
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 ↗.