Summit Financial Consulting

STERLING HEIGHTS, MIfiles as Summit Financial Consulting LLC

$147m in 49 US stocks at the end of 30 June 2026. The top 10 are 76.3% of the money. It changed about 17.3% of the portfolio this quarter.

Value

$147m

Stocks

Top 10 share

76.3%

Turnover

17.3%

What changed this quarter

New

Bought for the first time this quarter.

Ishares TRIYE
5.0% of the fund
Ishares TRIJK
2.2% of the fund
Vanguard World FDVGT
0.3% of the fund
Advanced Micro DevicesAMD
0.3% of the fund
Tortoise Capital Series TrusTCAI
0.2% of the fund
Select Sector Spdr TRXLE
0.2% of the fund
CaterpillarCAT
0.2% of the fund
Dimensional ETF TrustDFAC
0.2% of the fund
Invesco QQQ TRQQQ
0.1% of the fund
Putnam ETF TrustFTMU
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIYW
5.4% of the fund
+1666%
Ishares TRIYM
5.2% of the fund
+96%
Invesco Exchange Traded FD TXLG
2.7% of the fund
+3%
Select Sector Spdr TRXLU
1.1% of the fund
+19%
Ishares TRAGG
0.7% of the fund
+2%
DBX ETF TRRVNU
0.7% of the fund
+4%
Pimco ETF TRMUNI
0.7% of the fund
+3%
Franklin Templeton ETF TRFLMI
0.7% of the fund
+2%
Pimco ETF TRSMMU
0.5% of the fund
+4%
Ishares TRUSRT
0.4% of the fund
+3%
Nuveen Municipal Credit Income FundNZF
0.4% of the fund
+3%
Blackrock Muniyield Michigan Quality FundMIY
0.3% of the fund
+2%

Cut

Sold some of their stake.

Ishares TRHYG
14.8% of the fund
-2%
Ishares TRLQD
14.8% of the fund
-2%
Schwab Strategic TRSCHX
10.0% of the fund
-29%
Vanguard Scottsdale FDSVTWO
5.6% of the fund
-6%
Ishares TREEM
5.5% of the fund
-12%
Ishares TRIYZ
5.2% of the fund
-18%
Invesco Exch Traded FD TR IIQQQM
4.7% of the fund
-23%
Ishares TRIVW
3.3% of the fund
-42%
Ishares TRIJS
2.2% of the fund
-62%
Select Sector Spdr TRXLK
1.0% of the fund
-21%
AppleAAPL
0.6% of the fund
-11%
Spdr Series TrustSPYM
0.5% of the fund
-36%
Berkshire HathawayBRK-B
0.3% of the fund
-5%
Invesco Exchange Traded FD TSPGP
0.2% of the fund
-5%
Ishares TRMUB
0.1% of the fund
-3%

Sold out

Sold their entire stake.

Ishares TRIYJ
-100%
Ishares TRITB
-100%

Holdings

Ishares TRHYG
Share
14.8%
Value
$22m
Shares
272,444
-2%
Ishares TRLQD
Share
14.8%
Value
$22m
Shares
199,703
-2%
Schwab Strategic TRSCHX
Share
10.0%
Value
$15m
Shares
502,683
-29%
Vanguard Scottsdale FDSVTWO
Share
5.6%
Value
$8m
Shares
68,479
-6%
Ishares TREEM
Share
5.5%
Value
$8m
Shares
118,253
-12%
Ishares TRIYW
Share
5.4%
Value
$8m
Shares
31,841
+1666%
Ishares TRIYZ
Share
5.2%
Value
$8m
Shares
182,668
-18%
Ishares TRIYM
Share
5.2%
Value
$8m
Shares
42,511
+96%
Ishares TRIYE
Share
5.0%
Value
$7m
Shares
131,435
New
Invesco Exch Traded FD TR IIQQQM
Share
4.7%
Value
$7m
Shares
22,796
-23%
Ishares TRIVW
Share
3.3%
Value
$5m
Shares
35,572
-42%
Invesco Exchange Traded FD TXLG
Share
2.7%
Value
$4m
Shares
64,920
+3%
Ishares TRIJS
Share
2.2%
Value
$3m
Shares
23,869
-62%
Ishares TRIJK
Share
2.2%
Value
$3m
Shares
27,175
New
Select Sector Spdr TRXLU
Share
1.1%
Value
$2m
Shares
34,767
+19%
Select Sector Spdr TRXLK
Share
1.0%
Value
$2m
Shares
7,921
-21%
Ishares TRTLT
Share
0.7%
Value
$1m
Shares
12,602
Held
Ishares TRAGG
Share
0.7%
Value
$1m
Shares
10,989
+2%
DBX ETF TRRVNU
Share
0.7%
Value
$1m
Shares
41,688
+4%
Pimco ETF TRMUNI
Share
0.7%
Value
$987,828
Shares
18,780
+3%
Franklin Templeton ETF TRFLMI
Share
0.7%
Value
$960,387
Shares
38,156
+2%
AppleAAPL
Share
0.6%
Value
$822,590
Shares
2,843
-11%
MicrosoftMSFT
Share
0.6%
Value
$818,616
Shares
2,195
Held
Pimco ETF TRSMMU
Share
0.5%
Value
$798,304
Shares
15,808
+4%
Spdr Series TrustSPYM
Share
0.5%
Value
$731,904
Shares
8,328
-36%
Ishares TRUSRT
Share
0.4%
Value
$555,123
Shares
8,354
+3%
Amazon.comAMZN
Share
0.4%
Value
$526,593
Shares
2,209
Held
Nuveen Municipal Credit Income FundNZF
Share
0.4%
Value
$522,517
Shares
41,208
+3%
Berkshire HathawayBRK-B
Share
0.3%
Value
$509,397
Shares
1,018
-5%
Blackrock Muniyield Michigan Quality FundMIY
Share
0.3%
Value
$485,499
Shares
39,568
+2%
Costco WholesaleCOST
Share
0.3%
Value
$406,929
Shares
435
Held
Vanguard World FDVGT
Share
0.3%
Value
$394,097
Shares
3,297
New
Advanced Micro DevicesAMD
Share
0.3%
Value
$390,584
Shares
672
New
Nuveen Quality Municipal Income FundNAD
Share
0.3%
Value
$383,053
Shares
31,605
Held
DTE EnergyDTE
Share
0.3%
Value
$371,124
Shares
2,436
Held
Schwab Strategic TRSCHG
Share
0.2%
Value
$367,198
Shares
10,851
Held
Enterprise Products Partners L.P.EPD
Share
0.2%
Value
$361,461
Shares
9,833
Held
Invesco Exchange Traded FD TSPGP
Share
0.2%
Value
$326,908
Shares
2,673
-5%
Tortoise Capital Series TrusTCAI
Share
0.2%
Value
$298,781
Shares
5,343
New
NvidiaNVDA
Share
0.2%
Value
$277,336
Shares
1,386
Held
TeslaTSLA
Share
0.2%
Value
$276,395
Shares
657
Held
Select Sector Spdr TRXLE
Share
0.2%
Value
$274,207
Shares
5,163
New
CaterpillarCAT
Share
0.2%
Value
$239,768
Shares
225
New
VisaV
Share
0.2%
Value
$227,126
Shares
662
Held
Dimensional ETF TrustDFAC
Share
0.2%
Value
$225,792
Shares
5,090
New
Invesco QQQ TRQQQ
Share
0.1%
Value
$219,447
Shares
298
New
Ishares TRMUB
Share
0.1%
Value
$214,810
Shares
1,996
-3%
Ford MotorF
Share
0.1%
Value
$186,409
Shares
13,411
Held
Putnam ETF TrustFTMU
Share
<0.1%
Value
$109,648
Shares
13,827
New

Company	Share of fund	Value	Shares	Change
Ishares TRHYG	14.8%	$22m	272,444	-2%
Ishares TRLQD	14.8%	$22m	199,703	-2%
Schwab Strategic TRSCHX	10.0%	$15m	502,683	-29%
Vanguard Scottsdale FDSVTWO	5.6%	$8m	68,479	-6%
Ishares TREEM	5.5%	$8m	118,253	-12%
Ishares TRIYW	5.4%	$8m	31,841	+1666%
Ishares TRIYZ	5.2%	$8m	182,668	-18%
Ishares TRIYM	5.2%	$8m	42,511	+96%
Ishares TRIYE	5.0%	$7m	131,435	New
Invesco Exch Traded FD TR IIQQQM	4.7%	$7m	22,796	-23%
Ishares TRIVW	3.3%	$5m	35,572	-42%
Invesco Exchange Traded FD TXLG	2.7%	$4m	64,920	+3%
Ishares TRIJS	2.2%	$3m	23,869	-62%
Ishares TRIJK	2.2%	$3m	27,175	New
Select Sector Spdr TRXLU	1.1%	$2m	34,767	+19%
Select Sector Spdr TRXLK	1.0%	$2m	7,921	-21%
Ishares TRTLT	0.7%	$1m	12,602	Held
Ishares TRAGG	0.7%	$1m	10,989	+2%
DBX ETF TRRVNU	0.7%	$1m	41,688	+4%
Pimco ETF TRMUNI	0.7%	$987,828	18,780	+3%
Franklin Templeton ETF TRFLMI	0.7%	$960,387	38,156	+2%
AppleAAPL	0.6%	$822,590	2,843	-11%
MicrosoftMSFT	0.6%	$818,616	2,195	Held
Pimco ETF TRSMMU	0.5%	$798,304	15,808	+4%
Spdr Series TrustSPYM	0.5%	$731,904	8,328	-36%
Ishares TRUSRT	0.4%	$555,123	8,354	+3%
Amazon.comAMZN	0.4%	$526,593	2,209	Held
Nuveen Municipal Credit Income FundNZF	0.4%	$522,517	41,208	+3%
Berkshire HathawayBRK-B	0.3%	$509,397	1,018	-5%
Blackrock Muniyield Michigan Quality FundMIY	0.3%	$485,499	39,568	+2%
Costco WholesaleCOST	0.3%	$406,929	435	Held
Vanguard World FDVGT	0.3%	$394,097	3,297	New
Advanced Micro DevicesAMD	0.3%	$390,584	672	New
Nuveen Quality Municipal Income FundNAD	0.3%	$383,053	31,605	Held
DTE EnergyDTE	0.3%	$371,124	2,436	Held
Schwab Strategic TRSCHG	0.2%	$367,198	10,851	Held
Enterprise Products Partners L.P.EPD	0.2%	$361,461	9,833	Held
Invesco Exchange Traded FD TSPGP	0.2%	$326,908	2,673	-5%
Tortoise Capital Series TrusTCAI	0.2%	$298,781	5,343	New
NvidiaNVDA	0.2%	$277,336	1,386	Held
TeslaTSLA	0.2%	$276,395	657	Held
Select Sector Spdr TRXLE	0.2%	$274,207	5,163	New
CaterpillarCAT	0.2%	$239,768	225	New
VisaV	0.2%	$227,126	662	Held
Dimensional ETF TrustDFAC	0.2%	$225,792	5,090	New
Invesco QQQ TRQQQ	0.1%	$219,447	298	New
Ishares TRMUB	0.1%	$214,810	1,996	-3%
Ford MotorF	0.1%	$186,409	13,411	Held
Putnam ETF TrustFTMU	<0.1%	$109,648	13,827	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 32.5% since 30 June 2025.

Where the money is

Technology1.6%

Retail & consumer0.7%

Financial services0.5%

Utilities0.5%

Everyday goods0.3%

Industrials0.2%

Other96.3%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.