0001398344-14-002563.txt : 20140506 0001398344-14-002563.hdr.sgml : 20140506 20140506092950 ACCESSION NUMBER: 0001398344-14-002563 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140506 DATE AS OF CHANGE: 20140506 EFFECTIVENESS DATE: 20140506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Summit Asset Management, LLC CENTRAL INDEX KEY: 0001509974 IRS NUMBER: 621765323 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14078 FILM NUMBER: 14815582 BUSINESS ADDRESS: STREET 1: 5100 WHEELIS DRIVE, SUITE 107 CITY: MEMPHIS STATE: TN ZIP: 38117 BUSINESS PHONE: 901-729-8100 MAIL ADDRESS: STREET 1: 5100 WHEELIS DRIVE, SUITE 107 CITY: MEMPHIS STATE: TN ZIP: 38117 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001509974 XXXXXXXX 03-31-2014 03-31-2014 false Summit Asset Management, LLC

5100 Wheelis Drive, Suite 107 Memphis TN 38117

13F HOLDINGS REPORT 028-14078 N Lance Wayne Hollingsworth 901-729-8100 /s/ Lance Wayne Hollingsworth Memphis TN 05-06-2014 0 84 124920 INFORMATION TABLE 2 fp0010172_13fhr-table.xml 13F INFORMATION TABLE 3M CO COM 88579Y101 316 2333 SH SOLE 2333 0 0 ABBOTT LABS COM 002824100 246 6399 SH SOLE 3334 0 3065 ABBVIE INC COM 00287Y109 267 5200 SH SOLE 2135 0 3065 APPLE INC COM 037833100 491 914 SH SOLE 826 0 88 AT&T INC COM 00206R102 971 27676 SH SOLE 25301 0 2375 AUTOZONE INC COM 053332102 1123 2090 SH SOLE 1840 0 250 BANCORPSOUTH INC COM 059692103 329 13168 SH SOLE 9181 0 3987 BERKSHIRE HATHAWAY INC DEL CL A 084670108 749 400 SH SOLE 400 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3223 25787 SH SOLE 22237 0 3550 BRISTOL MYERS SQUIBB CO COM 110122108 482 9269 SH SOLE 7456 0 1813 SCHWAB CHARLES CORP NEW COM 808513105 380 13922 SH SOLE 7322 0 6600 CHEVRON CORP NEW COM 166764100 685 5759 SH SOLE 4867 0 892 CHIMERA INVT CORP COM 16934Q109 98 32000 SH SOLE 32000 0 0 CME GROUP INC COM 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11716 SH SOLE 10651 0 1065 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 366 5245 SH SOLE 1245 0 4000 MICROSOFT CORP COM 594918104 441 10759 SH SOLE 10259 0 500 MID-AMER APT CMNTYS INC COM 59522J103 556 8150 SH SOLE 6350 0 1800 MONDELEZ INTL INC CL A 609207105 201 5820 SH SOLE 4920 0 900 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 204 2332 SH SOLE 2332 0 0 NEXTERA ENERGY INC COM 65339F101 222 2325 SH SOLE 2325 0 0 NUVEEN REAL ESTATE INCOME FD COM 67071B108 142 13300 SH SOLE 0 0 13300 PPG INDS INC COM 693506107 915 4728 SH SOLE 4728 0 0 PEPSICO INC COM 713448108 384 4596 SH SOLE 4536 0 60 PFIZER INC COM 717081103 715 22269 SH SOLE 17259 0 5010 PHILIP MORRIS INTL INC COM 718172109 391 4780 SH SOLE 4780 0 0 PIMCO ETF TR ENHAN SHRT MAT 72201R833 1369 13505 SH SOLE 12105 0 1400 PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 323 5860 SH SOLE 3260 0 2600 PLUM CREEK TIMBER CO INC COM 729251108 280 6650 SH SOLE 3150 0 3500 PROCTER & GAMBLE CO COM 742718109 1800 22336 SH SOLE 21136 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