# Summit Financial Consulting LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2065794. Source: https://holderbook.com/funds/2065794-summit-financial-consulting-llc/

- Reported value: $147.4M
- Positions: 49
- Weight of the ten largest: 76.3%
- Filed: 2026-08-07

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 |
|---|---|---|---|---|---|
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $21.8M | 272,444 | 14.8% | 6 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $21.8M | 199,703 | 14.8% | 6 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $14.8M | 502,683 | 10.0% | 4 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $8.3M | 68,479 | 5.6% | 2 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $8.1M | 118,253 | 5.5% | 5 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $8.0M | 31,841 | 5.4% | 4 |
| ISHARES TR | [IYZ](https://holderbook.com/stocks/IYZ/) | $7.7M | 182,668 | 5.2% | 6 |
| ISHARES TR | [IYM](https://holderbook.com/stocks/IYM/) | $7.6M | 42,511 | 5.2% | 2 |
| ISHARES TR | [IYE](https://holderbook.com/stocks/IYE/) | $7.4M | 131,435 | 5.0% | 1 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $6.9M | 22,796 | 4.7% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $4.9M | 35,572 | 3.3% | 4 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $4.0M | 64,920 | 2.7% | 6 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $3.3M | 23,869 | 2.2% | 2 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $3.2M | 27,175 | 2.2% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.6M | 34,767 | 1.1% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.5M | 7,921 | 1.0% | 6 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $1.1M | 12,602 | 0.7% | 6 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.1M | 10,989 | 0.7% | 6 |
| DBX ETF TR | [RVNU](https://holderbook.com/stocks/RVNU/) | $1.1M | 41,688 | 0.7% | 6 |
| PIMCO ETF TR | [MUNI](https://holderbook.com/stocks/MUNI/) | $987.8K | 18,780 | 0.7% | 6 |
| FRANKLIN TEMPLETON ETF TR | [FLMI](https://holderbook.com/stocks/FLMI/) | $960.4K | 38,156 | 0.7% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $822.6K | 2,843 | 0.6% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $818.6K | 2,195 | 0.6% | 6 |
| PIMCO ETF TR | [SMMU](https://holderbook.com/stocks/SMMU/) | $798.3K | 15,808 | 0.5% | 6 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $731.9K | 8,328 | 0.5% | 6 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $555.1K | 8,354 | 0.4% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $526.6K | 2,209 | 0.4% | 5 |
| NUVEEN MUN CR INCOME FD | [NZF](https://holderbook.com/stocks/NZF/) | $522.5K | 41,208 | 0.4% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $509.4K | 1,018 | 0.3% | 6 |
| BLACKROCK MUNIYIELD MICH QU | [MIY](https://holderbook.com/stocks/MIY/) | $485.5K | 39,568 | 0.3% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $406.9K | 435 | 0.3% | 6 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $394.1K | 3,297 | 0.3% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $390.6K | 672 | 0.3% | 1 |
| NUVEEN QUALITY MUNCP INCOME | [NAD](https://holderbook.com/stocks/NAD/) | $383.1K | 31,605 | 0.3% | 6 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $371.1K | 2,436 | 0.3% | 6 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $367.2K | 10,851 | 0.2% | 4 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $361.5K | 9,833 | 0.2% | 6 |
| INVESCO EXCHANGE TRADED FD T | [SPGP](https://holderbook.com/stocks/SPGP/) | $326.9K | 2,673 | 0.2% | 6 |
| TORTOISE CAPITAL SERIES TRUS | [TCAI](https://holderbook.com/stocks/TCAI/) | $298.8K | 5,343 | 0.2% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $277.3K | 1,386 | 0.2% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $276.4K | 657 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $274.2K | 5,163 | 0.2% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $239.8K | 225 | 0.2% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $227.1K | 662 | 0.2% | 6 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $225.8K | 5,090 | 0.2% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $219.4K | 298 | 0.1% | 1 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $214.8K | 1,996 | 0.1% | 6 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $186.4K | 13,411 | 0.1% | 6 |
| PUTNAM ETF TRUST | [FTMU](https://holderbook.com/stocks/FTMU/) | $109.6K | 13,827 | 0.1% | 1 |

## 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 2026 | +10.1% | +14.8% | -4.8% | 100% |
| Q1 2026 | +0.8% | -4.6% | +5.4% | 100% |
| Q4 2025 | +0.7% | +2.4% | -1.6% | 100% |
| Q3 2025 | +3.4% | +7.8% | -4.5% | 100% |
| Q2 2025 | +6.1% | +10.5% | -4.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $147.4M | 49 |
| Q1 2026 | $139.7M | 41 |
| Q4 2025 | $137.7M | 43 |
| Q3 2025 | $125.3M | 42 |
| Q2 2025 | $111.3M | 40 |
| Q1 2025 | $107.8M | 42 |