0001398344-22-008987.txt : 20220509
0001398344-22-008987.hdr.sgml : 20220509
20220509084526
ACCESSION NUMBER: 0001398344-22-008987
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20220331
FILED AS OF DATE: 20220509
DATE AS OF CHANGE: 20220509
EFFECTIVENESS DATE: 20220509
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: 22903415
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
03-31-2022
03-31-2022
false
Summit Asset Management, LLC
5100 WHEELIS DRIVE, SUITE 107
MEMPHIS
TN
38117
13F HOLDINGS REPORT
028-14078
N
Lance Wayne Hollingsworth
Chief Investment Officer
901-729-8100
/s/ Lance Wayne Hollingsworth
Memphis
TN
05-02-2022
0
158
348387
INFORMATION TABLE
2
fp0075493_13fhr-table.xml
13F INFORMATION TABLE
3M CO
COM
88579Y101
630
4234
SH
SOLE
4234
0
0
ABBOTT LABS
COM
002824100
455
3846
SH
SOLE
3846
0
0
ABBVIE INC
COM
00287Y109
723
4459
SH
SOLE
4459
0
0
ALLIANCEBERNSTEIN HLDG L P
UNIT LTD PARTN
01881G106
260
5520
SH
SOLE
5520
0
0
ALPHABET INC
CAP STK CL A
02079K305
565
203
SH
SOLE
203
0
0
ALPHABET INC
CAP STK CL C
02079K107
1304
467
SH
SOLE
467
0
0
AMAZON COM INC
COM
023135106
3403
1044
SH
SOLE
1043
0
1
AMERICAN EXPRESS CO
COM
025816109
246
1315
SH
SOLE
1315
0
0
APPLE INC
COM
037833100
8038
46033
SH
SOLE
43501
0
2532
AT&T INC
COM
00206R102
910
38490
SH
SOLE
37802
0
688
AUTOMATIC DATA PROCESSING IN
COM
053015103
259
1137
SH
SOLE
1137
0
0
AUTOZONE INC
COM
053332102
3408
1667
SH
SOLE
1667
0
0
BK OF AMERICA CORP
COM
060505104
357
8657
SH
SOLE
7757
0
900
BERKSHIRE HATHAWAY INC DEL
CL A
084670108
3702
700
SH
SOLE
700
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
12468
35329
SH
SOLE
33342
0
1987
BRISTOL-MYERS SQUIBB CO
COM
110122108
577
7898
SH
SOLE
7485
0
413
CSX CORP
COM
126408103
223
5942
SH
SOLE
5942
0
0
CANADIAN PAC RY LTD
COM
13645T100
535
6481
SH
SOLE
6481
0
0
CARMAX INC
COM
143130102
323
3352
SH
SOLE
3352
0
0
SCHWAB CHARLES CORP
COM
808513105
1077
12779
SH
SOLE
12779
0
0
CHEVRON CORP NEW
COM
166764100
738
4531
SH
SOLE
4079
0
452
CIGNA CORP NEW
COM
125523100
262
1094
SH
SOLE
1094
0
0
CISCO SYS INC
COM
17275R102
368
6608
SH
SOLE
6608
0
0
CME GROUP INC
COM
12572Q105
201
845
SH
SOLE
845
0
0
COCA COLA CO
COM
191216100
1348
21736
SH
SOLE
21336
0
400
COSTCO WHSL CORP NEW
COM
22160K105
627
1089
SH
SOLE
1089
0
0
CREDIT ACCEP CORP MICH
COM
225310101
266
484
SH
SOLE
484
0
0
CVS HEALTH CORP
COM
126650100
526
5200
SH
SOLE
5200
0
0
DANAHER CORPORATION
COM
235851102
354
1207
SH
SOLE
1207
0
0
DIMENSIONAL ETF TRUST
US EQUITY ETF
25434V401
635
12952
SH
SOLE
12952
0
0
DIMENSIONAL ETF TRUST
US SMALL CAP ETF
25434V500
292
5217
SH
SOLE
5217
0
0
DOMINION ENERGY INC
COM
25746U109
525
6182
SH
SOLE
6182
0
0
SPDR DOW JONES INDL AVERAGE
UT SER 1
78467X109
13946
40210
SH
SOLE
38265
0
1945
DUKE ENERGY CORP NEW
COM NEW
26441C204
343
3074
SH
SOLE
2913
0
161
SCHWAB STRATEGIC TR
EMRG MKTEQ ETF
808524706
435
15678
SH
SOLE
15678
0
0
EXCHANGE TRADED CONCEPTS TR
EMQQ EM INTERN
301505889
671
20485
SH
SOLE
20485
0
0
EMERSON ELEC CO
COM
291011104
409
4167
SH
SOLE
3717
0
450
ENBRIDGE INC
COM
29250N105
248
5375
SH
SOLE
5375
0
0
ENTERGY CORP NEW
COM
29364G103
204
1750
SH
SOLE
1750
0
0
ENTERPRISE PRODS PARTNERS L
COM
293792107
256
9912
SH
SOLE
9912
0
0
EXPEDITORS INTL WASH INC
COM
302130109
1027
9960
SH
SOLE
9960
0
0
EXXON MOBIL CORP
COM
30231G102
2146
25990
SH
SOLE
23200
0
2790
META PLATFORMS INC
CL A
30303M102
276
1243
SH
SOLE
1243
0
0
FASTENAL CO
COM
311900104
516
8688
SH
SOLE
8688
0
0
FEDEX CORP
COM
31428X106
1872
8090
SH
SOLE
7805
0
285
SELECT SECTOR SPDR TR
FINANCIAL
81369Y605
414
10803
SH
SOLE
10803
0
0
FIRST HORIZON CORPORATION
COM
320517105
286
12186
SH
SOLE
10663
0
1523
GENERAC HLDGS INC
COM
368736104
268
900
SH
SOLE
900
0
0
GENERAL DYNAMICS CORP
COM
369550108
376
1557
SH
SOLE
1557
0
0
GLOBE LIFE INC
COM
37959E102
686
6816
SH
SOLE
6816
0
0
SELECT SECTOR SPDR TR
SBI HEALTHCARE
81369Y209
233
1700
SH
SOLE
1700
0
0
HOME DEPOT INC
COM
437076102
979
3272
SH
SOLE
2878
0
394
HONEYWELL INTL INC
COM
438516106
261
1339
SH
SOLE
1114
0
225
INTERNATIONAL BUSINESS MACHS
COM
459200101
832
6401
SH
SOLE
6401
0
0
IDEXX LABS INC
COM
45168D104
4318
7894
SH
SOLE
7894
0
0
INTEL CORP
COM
458140100
326
6576
SH
SOLE
6576
0
0
SCHWAB STRATEGIC TR
INTL EQTY ETF
808524805
19737
537491
SH
SOLE
513719
0
23772
INVESCO QQQ TR
UNIT SER 1
46090E103
1173
3236
SH
SOLE
3236
0
0
INVESCO EXCHANGE TRADED FD T
S&P 500 TOP 50
46137V233
475
1351
SH
SOLE
1286
0
65
ISHARES TR
CORE S&P MCP ETF
464287507
450
1676
SH
SOLE
1676
0
0
ISHARES TR
CORE 1 5 YR USD
46432F859
370
7644
SH
SOLE
7644
0
0
ISHARES TR
CORE S&P500 ETF
464287200
1464
3226
SH
SOLE
3226
0
0
ISHARES TR
HDG MSCI EAFE
46434V803
731
21531
SH
SOLE
21531
0
0
ISHARES TR
FLTG RATE NT ETF
46429B655
2635
52153
SH
SOLE
52153
0
0
ISHARES TR
CORE US AGGBD ET
464287226
1141
10653
SH
SOLE
232
0
10421
ISHARES TR
TIPS BD ETF
464287176
237
1900
SH
SOLE
1900
0
0
ISHARES TR
MORNINGSTAR GRWT
464287119
704
10830
SH
SOLE
10830
0
0
ISHARES TR
MORNINGSTAR VALU
464288109
349
5090
SH
SOLE
5090
0
0
ISHARES TR
MRGSTR MD CP ETF
464288208
876
13014
SH
SOLE
13014
0
0
ISHARES TR
MRGSTR MD CP GRW
464288307
4395
68369
SH
SOLE
67703
0
666
ISHARES TR
MRGSTR MD CP VAL
464288406
308
4476
SH
SOLE
4476
0
0
ISHARES TR
MBS ETF
464288588
332
3262
SH
SOLE
3262
0
0
ISHARES TR
MSCI EAFE ETF
464287465
842
11435
SH
SOLE
11435
0
0
DBX ETF TR
XTRACK MSCI EURP
233051853
12181
353888
SH
SOLE
335897
0
17991
ISHARES TR
RUS 1000 ETF
464287622
300
1200
SH
SOLE
1200
0
0
ISHARES TR
S&P 500 GRWT ETF
464287309
362
4736
SH
SOLE
4736
0
0
ISHARES TR
S&P 500 VAL ETF
464287408
927
5954
SH
SOLE
5954
0
0
ISHARES TR
NATIONAL MUN ETF
464288414
863
7875
SH
SOLE
7875
0
0
ISHARES TR
PFD AND INCM SEC
464288687
229
6297
SH
SOLE
6297
0
0
ISHARES TR
CORE S&P SCP ETF
464287804
15758
146071
SH
SOLE
139165
0
6906
ISHARES TR
BLACKROCK ULTRA
46434V878
394
7850
SH
SOLE
7850
0
0
JD.COM INC
SPON ADR CL A
47215P106
418
7229
SH
SOLE
7229
0
0
JOHNSON & JOHNSON
COM
478160104
2628
14830
SH
SOLE
14630
0
200
J P MORGAN EXCHANGE-TRADED F
ULTRA SHRT INC
46641Q837
225
4480
SH
SOLE
4480
0
0
JPMORGAN CHASE & CO
COM
46625H100
701
5140
SH
SOLE
5140
0
0
LILLY ELI & CO
COM
532457108
413
1443
SH
SOLE
1443
0
0
LINCOLN NATL CORP IND
COM
534187109
306
4683
SH
SOLE
4683
0
0
MASTERCARD INCORPORATED
CL A
57636Q104
480
1343
SH
SOLE
1343
0
0
MCDONALDS CORP
COM
580135101
455
1839
SH
SOLE
1639
0
200
MERCK & CO INC
COM
58933Y105
443
5403
SH
SOLE
5403
0
0
MICROSOFT CORP
COM
594918104
4407
14294
SH
SOLE
14114
0
180
MID-AMER APT CMNTYS INC
COM
59522J103
1530
7305
SH
SOLE
7305
0
0
MODERNA INC
COM
60770K107
356
2068
SH
SOLE
2068
0
0
MONDELEZ INTL INC
CL A
609207105
318
5069
SH
SOLE
4569
0
500
NEXTERA ENERGY INC
COM
65339F101
1072
12660
SH
SOLE
12310
0
350
NIKE INC
CL B
654106103
343
2552
SH
SOLE
2552
0
0
NVIDIA CORPORATION
COM
67066G104
1235
4527
SH
SOLE
4317
0
210
ORACLE CORP
COM
68389X105
274
3308
SH
SOLE
3308
0
0
OREILLY AUTOMOTIVE INC
COM
67103H107
340
496
SH
SOLE
496
0
0
PEPSICO INC
COM
713448108
1155
6901
SH
SOLE
6901
0
0
PFIZER INC
COM
717081103
1305
25213
SH
SOLE
25213
0
0
PIMCO ETF TR
ENHAN SHRT MA AC
72201R833
1665
16623
SH
SOLE
16623
0
0
PINNACLE FINL PARTNERS INC
COM
72346Q104
775
8417
SH
SOLE
1568
0
6849
PROCTER AND GAMBLE CO
COM
742718109
3498
22896
SH
SOLE
22896
0
0
PROGRESSIVE CORP
COM
743315103
1831
16066
SH
SOLE
16066
0
0
PUBLIC STORAGE
COM
74460D109
671
1720
SH
SOLE
1720
0
0
QUALCOMM INC
COM
747525103
241
1576
SH
SOLE
1576
0
0
RAYTHEON TECHNOLOGIES CORP
COM
75513E101
375
3783
SH
SOLE
3783
0
0
EXCHANGE TRADED CONCEPTS TR
ROBO GLB ETF
301505707
280
4800
SH
SOLE
4800
0
0
ROYAL BK CDA
COM
780087102
424
3845
SH
SOLE
3845
0
0
SPDR S&P 500 ETF TR
TR UNIT
78462F103
1310
2900
SH
SOLE
2900
0
0
SPDR S&P MIDCAP 400 ETF TR
UTSER1 S&PDCRP
78467Y107
283
578
SH
SOLE
578
0
0
SCHWAB STRATEGIC TR
INTERNL DIVID
808524672
1489
57965
SH
SOLE
53255
0
4710
SCHWAB STRATEGIC TR
SHT TM US TRES
808524862
1443
29129
SH
SOLE
28979
0
150
SSGA ACTIVE ETF TR
SPDR TR TACTIC
78467V848
1068
23859
SH
SOLE
23859
0
0
SPDR SER TR
S&P DIVID ETF
78464A763
349
2723
SH
SOLE
2723
0
0
STEREOTAXIS INC
COM NEW
85916J409
43
11460
SH
SOLE
11460
0
0
TJX COS INC NEW
COM
872540109
1341
22140
SH
SOLE
22140
0
0
T ROWE PRICE ETF INC
PRICE BLUE CHIP
87283Q107
2538
86475
SH
SOLE
79440
0
7035
TESLA INC
COM
88160R101
728
676
SH
SOLE
676
0
0
TEXAS INSTRS INC
COM
882508104
265
1442
SH
SOLE
1442
0
0
SOUTHERN CO
COM
842587107
435
6002
SH
SOLE
5607
0
395
TRACTOR SUPPLY CO
COM
892356106
954
4090
SH
SOLE
4090
0
0
TRUIST FINL CORP
COM
89832Q109
600
10579
SH
SOLE
6047
0
4532
SCHWAB STRATEGIC TR
US BRD MKT ETF
808524102
694
12993
SH
SOLE
12993
0
0
SCHWAB STRATEGIC TR
US DIVIDEND EQ
808524797
38708
490660
SH
SOLE
470583
0
20077
SCHWAB STRATEGIC TR
US LCAP GR ETF
808524300
24840
331996
SH
SOLE
317828
0
14168
SCHWAB STRATEGIC TR
US LRG CAP ETF
808524201
821
15244
SH
SOLE
15244
0
0
SCHWAB STRATEGIC TR
US LCAP VA ETF
808524409
19585
274332
SH
SOLE
260253
0
14079
SCHWAB STRATEGIC TR
US MID-CAP ETF
808524508
25832
340521
SH
SOLE
325813
0
14708
SCHWAB STRATEGIC TR
US SML CAP ETF
808524607
2811
59344
SH
SOLE
57632
0
1712
UNION PAC CORP
COM
907818108
1935
7082
SH
SOLE
7082
0
0
UNITED PARCEL SERVICE INC
CL B
911312106
717
3344
SH
SOLE
3344
0
0
UNITEDHEALTH GROUP INC
COM
91324P102
233
456
SH
SOLE
456
0
0
VANECK ETF TRUST
MRNGSTR WDE MOAT
92189F643
4618
61818
SH
SOLE
57988
0
3830
VANGUARD SPECIALIZED FUNDS
DIV APP ETF
921908844
283
1747
SH
SOLE
1504
0
243
VANGUARD INTL EQUITY INDEX F
FTSE EUROPE ETF
922042874
11088
178030
SH
SOLE
169213
0
8817
VANGUARD WORLD FDS
HEALTH CAR ETF
92204A504
326
1282
SH
SOLE
1282
0
0
VANGUARD INDEX FDS
MID CAP ETF
922908629
435
1830
SH
SOLE
1830
0
0
VANGUARD INDEX FDS
REAL ESTATE ETF
922908553
449
4141
SH
SOLE
4141
0
0
VANGUARD ADMIRAL FDS INC
500 GRTH IDX F
921932505
880
3192
SH
SOLE
0
0
3192
VANGUARD ADMIRAL FDS INC
SMLCP 600 GRTH
921932794
883
4092
SH
SOLE
0
0
4092
VANGUARD INDEX FDS
SM CP VAL ETF
922908611
264
1500
SH
SOLE
1500
0
0
VANGUARD MUN BD FDS
TAX EXEMPT BD
922907746
235
4560
SH
SOLE
4560
0
0
VANGUARD STAR FDS
VG TL INTL STK F
921909768
597
9992
SH
SOLE
9992
0
0
VANGUARD INDEX FDS
TOTAL STK MKT
922908769
1048
4605
SH
SOLE
4605
0
0
VANGUARD BD INDEX FDS
VANGUARD ULTRA
92203C303
1901
38485
SH
SOLE
35435
0
3050
VANGUARD INDEX FDS
VALUE ETF
922908744
424
2869
SH
SOLE
1530
0
1339
VERIZON COMMUNICATIONS INC
COM
92343V104
821
16116
SH
SOLE
16016
0
100
VIRTUS ETF TR II
SEIX SR LN ETF
92790A405
519
21024
SH
SOLE
21024
0
0
VISA INC
COM CL A
92826C839
1360
6131
SH
SOLE
6131
0
0
WALGREENS BOOTS ALLIANCE INC
COM
931427108
318
7111
SH
SOLE
6407
0
704
WALMART INC
COM
931142103
2830
19007
SH
SOLE
18807
0
200
DISNEY WALT CO
COM
254687106
454
3312
SH
SOLE
1897
0
1415
WASTE MGMT INC DEL
COM
94106L109
214
1352
SH
SOLE
1352
0
0
WELLS FARGO CO NEW
COM
949746101
574
11850
SH
SOLE
11850
0
0
WEC ENERGY GROUP INC
COM
92939U106
336
3365
SH
SOLE
3365
0
0
WISDOMTREE TR
ITL HDG QTLY DIV
97717X594
16173
376639
SH
SOLE
360235
0
16404