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Summit Financial Consulting LLC

SEC CIK
0002065794
Latest filing
Aug 6, 2026

The latest 13F from Summit Financial Consulting LLC covers Q2 2026 (filed Aug 6, 2026): 49 long positions worth $147.4M. The top 10 holdings make up 76.3% of the portfolio, and the largest is iShares Tr at 14.8%. Livermore has 6 filings on Form 13F from this institution, going back to Q1 2025.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
10
Est. +$12.8M
Added
17
Est. +$11.9M
Reduced
17
Est. −$22.5M
Sold out
2
Est. −$7.55M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Tr464288513
    14.8%$21.8M
  2. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    14.8%$21.8M
  3. Schwab U.S. Large-Cap ETF808524201
    10.0%$14.8M
  4. Vanguard Scottsdale FDS92206C664
    5.6%$8.31M
  5. iShares Tr464287234
    5.5%$8.09M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464287721
    +$7.58MAdded
  2. iShares Tr464287796
    +$7.44MNew
  3. iShares Tr464287838
    +$3.74MAdded
  4. iShares S&P Mid-Cap 400 Growth ETF464287606
    +$3.19MNew
  5. Vanguard Information Technology ETF92204A702
    +$394.1KNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. iShares Tr464287721
    +5.21 pp0.2% → 5.4%
  2. iShares Tr464287796
    +5.05 pp0.0% → 5.0%
  3. iShares Tr464287838
    +2.45 pp2.7% → 5.2%
  4. iShares S&P Mid-Cap 400 Growth ETF464287606
    +2.17 pp0.0% → 2.2%
  5. Vanguard Information Technology ETF92204A702
    +0.27 pp0.0% → 0.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287754
    −$6.96MSold out
  2. Schwab U.S. Large-Cap ETF808524201
    −$6.18MReduced
  3. iShares S&P Small-Cap 600 Value ETF464287879
    −$5.42MReduced
  4. iShares S&P 500 Growth ETF464287309
    −$3.50MReduced
  5. Invesco Nasdaq 100 ETF46138G649
    −$2.02MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. iShares Tr464287754
    −4.98 pp5.0% → 0.0%
  2. iShares S&P Small-Cap 600 Value ETF464287879
    −3.18 pp5.4% → 2.2%
  3. Schwab U.S. Large-Cap ETF808524201
    −3.04 pp13.1% → 10.0%
  4. iShares S&P 500 Growth ETF464287309
    −1.62 pp4.9% → 3.3%
  5. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    −1.16 pp15.9% → 14.8%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$147.4M
+$7.71M (+5.5%) vs. prior quarter
Positions
49
+8 vs. prior quarter
Top 10 concentration
76.3%
Top 10 as share of value
Turnover
17.2%
Q2 2026, one quarter
Average holding period
4.5 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2025), so positions held before then are understated.

13F filings by quarter

6 quarters, going back to Q1 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $147.4M (Q2 2026)

Q1 2025: $107.8MQ2 2025: $111.3MQ3 2025: $125.3MQ4 2025: $137.7MQ1 2026: $139.7MQ2 2026: $147.4M
Q1 2025Q2 2026
13F filings of Summit Financial Consulting LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 202649$147.4MiShares TriShares Iboxx $ Investment Grade Corporate Bond ETFSchwab U.S. Large-Cap ETFvs. Q1 2026SEC
Q1 2026Apr 10, 202641$139.7MiShares Iboxx $ Investment Grade Corporate Bond ETFiShares TrSchwab U.S. Large-Cap ETFvs. Q4 2025SEC
Q4 2025Jan 23, 202643$137.7MiShares Iboxx $ Investment Grade Corporate Bond ETFiShares TriShares Trvs. Q3 2025SEC
Q3 2025Oct 15, 202542$125.3MiShares Iboxx $ Investment Grade Corporate Bond ETFiShares TriShares Trvs. Q2 2025SEC
Q2 2025Jul 9, 202540$111.3MiShares TriShares TriShares Trvs. Q1 2025SEC
Q1 2025Apr 29, 202542$107.8MiShares Iboxx $ Investment Grade Corporate Bond ETFiShares TriShares Tr–SEC