0001398344-17-001368.txt : 20170206 0001398344-17-001368.hdr.sgml : 20170206 20170206094709 ACCESSION NUMBER: 0001398344-17-001368 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170206 DATE AS OF CHANGE: 20170206 EFFECTIVENESS DATE: 20170206 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: 17574228 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 12-31-2016 12-31-2016 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 01-30-2017 0 99 160025 INFORMATION TABLE 2 fp0023692_13fhr-table.xml 13F INFORMATION TABLE 3M CO COM 88579Y101 438 2453 SH SOLE 2453 0 0 ALTRIA GROUP INC COM 02209S103 253 3738 SH SOLE 3238 0 500 AMAZON COM INC COM 023135106 295 394 SH SOLE 334 0 60 APPLE INC COM 037833100 916 7912 SH SOLE 6551 0 1360 AT&T INC COM 00206R102 1803 42388 SH SOLE 39598 0 2790 AUTOZONE INC COM 053332102 1513 1916 SH SOLE 1694 0 222 BERKSHIRE HATHAWAY INC DEL CL A 084670108 732 300 SH SOLE 300 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4759 29199 SH SOLE 25613 0 3586 BRISTOL MYERS SQUIBB CO COM 110122108 484 8276 SH SOLE 7129 0 1147 SCHWAB CHARLES CORP NEW COM 808513105 477 12088 SH SOLE 5488 0 6600 CHEVRON CORP NEW COM 166764100 721 6128 SH SOLE 5236 0 892 CME GROUP INC COM 12572Q105 346 3000 SH SOLE 0 0 3000 COCA COLA CO COM 191216100 809 19519 SH SOLE 17961 0 1558 CONNECTURE INC COM 20786J106 29 17515 SH SOLE 15120 0 2395 CVS HEALTH CORP COM 126650100 400 5064 SH SOLE 4864 0 200 DOUBLELINE INCOME SOLUTIONS COM 258622109 246 12966 SH SOLE 11890 0 1076 SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 9499 48095 SH SOLE 45303 0 2792 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 325 15087 SH SOLE 14742 0 345 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 377 5010 SH SOLE 4910 0 100 ENTERPRISE PRODS PARTNERS L COM 293792107 346 12794 SH SOLE 3094 0 9700 EXXON MOBIL CORP COM 30231G102 2501 27714 SH SOLE 23624 0 4090 FACEBOOK INC CL A 30303M102 228 1979 SH SOLE 1579 0 400 FEDEX CORP COM 31428X106 1391 7473 SH SOLE 6398 0 1075 FIRST HORIZON NATL CORP COM 320517105 1956 97728 SH SOLE 89459 0 8269 FORD MTR CO DEL COM PAR $0.01 345370860 125 10331 SH SOLE 8831 0 1500 GENERAL DYNAMICS CORP COM 369550108 205 1188 SH SOLE 1188 0 0 GENERAL ELECTRIC CO COM 369604103 1150 36404 SH SOLE 35344 0 1060 GENESIS ENERGY L P UNIT LTD PARTN 371927104 272 7558 SH SOLE 7558 0 0 CLAYMORE 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ISHARES TR MRGSTR MD CP VAL 464288406 369 2555 SH SOLE 2555 0 0 ISHARES TR MSCI EAFE ETF 464287465 571 9886 SH SOLE 9886 0 0 DBX ETF TR DB XTR MSCI EUR 233051853 1389 54753 SH SOLE 54161 0 592 ISHARES TR S&P 500 VAL ETF 464287408 625 6162 SH SOLE 6162 0 0 ISHARES TR S&P MC 400GR ETF 464287606 338 1857 SH SOLE 1857 0 0 JD COM INC SPON ADR CL A 47215P106 1352 53140 SH SOLE 140 0 53000 JERNIGAN CAP INC COM 476405105 1656 78678 SH SOLE 78678 0 0 JOHNSON & JOHNSON COM 478160104 1396 12121 SH SOLE 11121 0 1000 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 231 3050 SH SOLE 0 0 3050 MICROSOFT CORP COM 594918104 661 10630 SH SOLE 9230 0 1400 MID AMER APT CMNTYS INC COM 59522J103 815 8328 SH SOLE 6503 0 1825 MONDELEZ INTL INC CL A 609207105 250 5645 SH SOLE 4745 0 900 NATIONAL OILWELL VARCO INC COM 637071101 317 8468 SH SOLE 8468 0 0 NEXTERA ENERGY INC COM 65339F101 408 3415 SH SOLE 3415 0 0 NUVEEN REAL ESTATE INCOME FD COM 67071B108 182 16900 SH SOLE 0 0 16900 PPG INDS INC COM 693506107 896 9456 SH SOLE 9456 0 0 PEPSICO INC COM 713448108 587 5612 SH SOLE 5612 0 0 PFIZER INC COM 717081103 682 21001 SH SOLE 17403 0 3598 PHILIP MORRIS INTL INC COM 718172109 343 3744 SH SOLE 3744 0 0 PHILLIPS 66 COM 718546104 352 4071 SH SOLE 2639 0 1432 PIMCO ETF TR ENHAN SHRT MA AC 72201R833 489 4829 SH SOLE 3104 0 1725 PINNACLE FINL PARTNERS INC COM 72346Q104 598 8629 SH SOLE 1780 0 6849 PROCTER AND GAMBLE CO COM 742718109 1936 23021 SH SOLE 21886 0 1135 PUBLIC STORAGE COM 74460D109 384 1720 SH SOLE 1720 0 0 ROYAL BK CDA MONTREAL QUE COM 780087102 395 5837 SH SOLE 5837 0 0 RYDEX ETF TRUST GUGGENHM S&P 500 78355W205 233 1481 SH SOLE 1416 0 65 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 3372 66878 SH SOLE 66878 0 0 SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 498 10301 SH SOLE 10301 0 0 SPDR SERIES TRUST S&P DIVID ETF 78464A763 247 2888 SH SOLE 1413 0 1475 SUNTRUST BKS INC COM 867914103 703 12810 SH SOLE 9310 0 3500 TJX COS INC NEW COM 872540109 335 4460 SH SOLE 4460 0 0 TC PIPELINES LP 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