Managers / Q3 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 $125M in U.S.-listed holdings across 42 positions for Q3 2025.
Its largest position, Ishares Tr, represents 16.0% of the portfolio.
Compared with Q2 2025, the fund opened 7 new positions and exited 5.
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. 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 · 95.8% · $120M
- Common Stock · 3.1% · $4M
- Closed-End Fund · 0.8% · $1M
- MLP · 0.2% · $307,478
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +34.8K | 34.8K | +$7M | $7M |
| ISHARES TR | NEW | +55.6K | 55.6K | +$7M | $7M |
| INVESCO EXCH TRADED FD TR II | NEW | +26.8K | 26.8K | +$7M | $7M |
| SCHWAB STRATEGIC TR | NEW | +251.3K | 251.3K | +$7M | $7M |
| ISHARES TR | NEW | +2.9K | 2.9K | +$314,350 | $314,350 |
| SPDR SERIES TRUST | NEW | +2.7K | 2.7K | +$247,542 | $247,542 |
| SCHWAB STRATEGIC TR | NEW | +6.6K | 6.6K | +$211,946 | $211,946 |
| ISHARES TR | ADDED | +175.9K | 180.2K | +$20M | $20M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IYFISHARES TR | IBOXX INV CP ETF · IBOXX HI YD ETF · U.S. FINLS ETF · U.S. TECH ETF · US TELECOM ETF · S&P 500 GRWT ETF · MSCI EMG MKT ETF · U.S. UTILITS ETF · U.S. ENERGY ETF · MSCI EAFE ETF · 20 YR TR BD ETF · CORE US AGGBD ET · CRE U S REIT ETF · US HOME CONS ETF · NATIONAL MUN ETF | 77.18% | $97M | 1.21M |
| 2 | INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF · S&P SMLCP STAP | 5.54% | $7M | 36.2K |
| 3 | SCHWAB STRATEGIC TR | US LRG CAP ETF · US LCAP GR ETF | 5.45% | $7M | 257.9K |
| 4 | INVESCO EXCHANGE TRADED FD T | S&P 500 TOP 50 · S&P 500 GARP ETF | 2.50% | $3M | 51.5K |
| 5 | XLUSELECT SECTOR SPDR TR | TECHNOLOGY · SBI INT-UTILS | 1.55% | $2M | 13.6K |
| 6 | PIMCO ETF TR | INTER MUN BD ACT · SHTRM MUN BD ACT | 1.12% | $1M | 27.2K |
| 7 | SPDR SERIES TRUST | PORTFOLIO S&P500 · BLOOMBERG 1-3 MO | 1.06% | $1M | 16.6K |
| 8 | MSFTMICROSOFT CORP | COM | 0.89% | $1M | 2.2K |
| 9 | AAPLAPPLE INC | COM | 0.70% | $879,181 | 3.5K |
| 10 | DBX ETF TR | XTRACK MUN INFRA | 0.62% | $775,255 | 31.4K |
| 11 | FRANKLIN TEMPLETON ETF TR | FRANKLIN DYN MUN | 0.56% | $695,566 | 28.1K |
| 12 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.45% | $562,063 | 1.1K |
| 13 | COSTCOSTCO WHSL CORP NEW | COM | 0.30% | $377,657 | 408 |
| 14 | NADNUVEEN QUALITY MUNCP INCOME | COM | 0.29% | $369,462 | 31.6K |
| 15 | MIYBLACKROCK MUNIYIELD MICH QU | COM | 0.27% | $334,621 | 29.7K |
| 16 | DTEDTE ENERGY CO | COM | 0.26% | $331,507 | 2.3K |
| 17 | NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 0.25% | $318,660 | 25.4K |
| 18 | VANGUARD ADMIRAL FDS INC | MIDCP 400 VAL | 0.25% | $309,364 | 3.1K |
| 19 | EPDENTERPRISE PRODS PARTNERS L | COM | 0.25% | $307,478 | 9.8K |
| 20 | AMZNAMAZON COM INC | COM | 0.18% | $229,231 | 1.0K |
| 21 | VVISA INC | COM CL A | 0.17% | $211,656 | 620 |
| 22 | FFORD MTR CO | COM | 0.15% | $193,692 | 16.2K |
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 ↗.