# SUMMIT INVESTMENT ADVISORS, INC.

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 2055275. Source: https://holderbook.com/funds/2055275-summit-investment-advisors-inc/

- Reported value: $121.4M
- Positions: 55
- Weight of the ten largest: 56.6%
- Filed: 2025-08-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| INVESCO EXCH TRD SLF IDX FD | [BSJP](https://holderbook.com/stocks/BSJP/) | $11.4M | 492,654 | 9.4% | 3 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $8.7M | 20,053 | 7.1% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCR](https://holderbook.com/stocks/BSCR/) | $8.5M | 432,241 | 7.0% | 3 |
| ISHARES TR | [IBHF](https://holderbook.com/stocks/IBHF/) | $7.0M | 304,244 | 5.8% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSJQ](https://holderbook.com/stocks/BSJQ/) | $6.6M | 282,006 | 5.4% | 3 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $6.4M | 262,378 | 5.2% | 3 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $6.3M | 18,322 | 5.2% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $4.9M | 252,749 | 4.1% | 3 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $4.5M | 186,724 | 3.7% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $4.5M | 8,136 | 3.7% | 3 |
| FRANKLIN TEMPLETON ETF TR | [FLBL](https://holderbook.com/stocks/FLBL/) | $4.3M | 177,999 | 3.5% | 3 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $3.8M | 19,549 | 3.1% | 3 |
| FIRST TR EXCHANGE TRADED FD | [EDOW](https://holderbook.com/stocks/EDOW/) | $3.0M | 79,091 | 2.5% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $3.0M | 16,366 | 2.4% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSJS](https://holderbook.com/stocks/BSJS/) | $2.7M | 121,173 | 2.2% | 2 |
| INVESCO EXCH TRD SLF IDX FD | [BSJR](https://holderbook.com/stocks/BSJR/) | $2.6M | 114,478 | 2.1% | 3 |
| ISHARES TR | [IBHH](https://holderbook.com/stocks/IBHH/) | $2.4M | 100,648 | 2.0% | 2 |
| ISHARES TR | [IBHG](https://holderbook.com/stocks/IBHG/) | $2.2M | 97,610 | 1.8% | 3 |
| ISHARES TR | [IBHI](https://holderbook.com/stocks/IBHI/) | $1.9M | 81,772 | 1.6% | 2 |
| INVESCO EXCH TRD SLF IDX FD | [BSJT](https://holderbook.com/stocks/BSJT/) | $1.9M | 87,324 | 1.5% | 2 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $1.7M | 17,708 | 1.4% | 3 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $1.7M | 32,486 | 1.4% | 3 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.5M | 16,067 | 1.2% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.4M | 4,742 | 1.2% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.4M | 6,740 | 1.1% | 3 |
| ISHARES TR | [IBHE](https://holderbook.com/stocks/IBHE/) | $1.3M | 54,449 | 1.1% | 3 |
| ISHARES U S ETF TR | [HYGH](https://holderbook.com/stocks/HYGH/) | $1.3M | 14,548 | 1.0% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCP](https://holderbook.com/stocks/BSCP/) | $1.0M | 49,764 | 0.8% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $979.9K | 1,870 | 0.8% | 3 |
| CINCINNATI FINL CORP | [CINF](https://holderbook.com/stocks/CINF/) | $918.4K | 6,282 | 0.8% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $915.5K | 5,270 | 0.8% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [FTSL](https://holderbook.com/stocks/FTSL/) | $912.4K | 19,870 | 0.8% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $889.4K | 4,142 | 0.7% | 3 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $771.8K | 15,263 | 0.6% | 3 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $674.9K | 32,310 | 0.6% | 3 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $625.8K | 2,744 | 0.5% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCS](https://holderbook.com/stocks/BSCS/) | $600.9K | 29,270 | 0.5% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $556.9K | 6,816 | 0.5% | 3 |
| ISHARES TR | [IBDQ](https://holderbook.com/stocks/IBDQ/) | $515.9K | 20,554 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $496.6K | 869 | 0.4% | 3 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $464.0K | 10,852 | 0.4% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCT](https://holderbook.com/stocks/BSCT/) | $449.9K | 23,980 | 0.4% | 3 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $424.4K | 1,147 | 0.3% | 3 |
| ISHARES TR | [HYDB](https://holderbook.com/stocks/HYDB/) | $379.8K | 8,065 | 0.3% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $348.6K | 366 | 0.3% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $347.8K | 559 | 0.3% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $327.8K | 437 | 0.3% | 3 |
| ISHARES TR | [IFRA](https://holderbook.com/stocks/IFRA/) | $325.4K | 6,504 | 0.3% | 3 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $298.5K | 1,956 | 0.2% | 3 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $288.6K | 2,800 | 0.2% | 3 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $261.8K | 1,955 | 0.2% | 3 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $236.9K | 1,702 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $234.8K | 528 | 0.2% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $231.2K | 1,222 | 0.2% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $231.1K | 1,534 | 0.2% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2025 | +4.8% | +10.5% | -5.7% | 90% |
| Q1 2025 | -2.5% | -4.6% | +2.1% | 85% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $121.4M | 55 |
| Q1 2025 | $112.4M | 55 |
| Q4 2024 | $112.5M | 55 |