Summit Investment Advisory Services 13F annual report

Summit Investment Advisory Services is an investment fund managing more than $81.3 billion ran by Russell Rogers. There are currently 17 companies in Mr. Rogers’s portfolio. The largest investments include Invesco Exch Trd Slf Idx Fd and Ishares Tr, together worth $44.5 billion.

$81.3 billion Assets Under Management (AUM)

As of 8th July 2024, Summit Investment Advisory Services’s top holding is 1,566,972 shares of Invesco Exch Trd Slf Idx Fd currently worth over $33.8 billion and making up 41.5% of the portfolio value. In addition, the fund holds 51,405 shares of Ishares Tr worth $10.7 billion. The third-largest holding is Ishares Tr worth $18.7 billion and the next is Franklin Templeton Etf Tr worth $3.23 billion, with 132,393 shares owned.

Currently, Summit Investment Advisory Services's portfolio is worth at least $81.3 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Summit Investment Advisory Services

The Summit Investment Advisory Services office and employees reside in Roseville, Minnesota. According to the last 13-F report filed with the SEC, Russell Rogers serves as the Chief Compliance Officer at Summit Investment Advisory Services.

Recent trades

In the most recent 13F filing, Summit Investment Advisory Services revealed that it had opened a new position in Invesco Exch Trd Slf Idx Fd and bought 1,566,972 shares worth $33.8 billion.

The investment fund also strengthened its position in Ishares Tr by buying 36,741 additional shares. This makes their stake in Ishares Tr total 51,405 shares worth $10.7 billion.

On the other hand, there are companies that Summit Investment Advisory Services is getting rid of from its portfolio. Summit Investment Advisory Services closed its position in Capital Group Dividend Value on 15th July 2024. It sold the previously owned 825,033 shares for $26.8 billion. Russell Rogers also disclosed a decreased stake in Vanguard Index Fds by 0.7%. This leaves the value of the investment at $1.75 billion and 5,781 shares.

One of the smallest hedge funds

The two most similar investment funds to Summit Investment Advisory Services are Hp F/k/a Istm Associates and Dai-ichi Life. They manage $81.4 billion and $81.5 billion respectively.

Russell Rogers investment strategy

Summit Investment Advisory Services’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 2.1% of the total portfolio value. The fund focuses on investments in the United States as 23.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 24% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $1.08 trillion.

The complete list of Summit Investment Advisory Services trades based on 13F SEC filings

These positions were updated on July 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Capital Group Dividend Value	Closed 825,033	$26,813,667,000
Capital Group Growth Etf	Closed 741,981	$23,735,971,000
Ishares Tr	Closed 667,056	$48,390,110,000
Capital Group Core Equity Et	Closed 571,128	$17,796,358,000
Invesco Exch Trd Slf Idx Fd	Opened 1,566,972	$33,757,904,000	41.53%
Spdr Ser Tr	Closed 358,560	$18,614,517,000
Ishares Tr	250.55% 51,405	$10,698,838,000	13.16%
Ishares Tr	Opened 561,177	$18,689,541,000	22.99%
Franklin Templeton Etf Tr	Opened 132,393	$3,231,707,000	3.98%
First Tr Exchange-traded Fd	Opened 68,298	$2,285,924,000	2.81%
Invesco Exchange Traded Fd T	Opened 13,896	$2,282,863,000	2.81%
Vanguard Index Fds	Closed 24,670	$5,859,503,000
First Tr Exchange-traded Fd	Closed 58,882	$2,205,053,000
Spdr Ser Tr	50.42% 58,133	$3,531,092,000	4.34%
Franklin Templeton Etf Tr	Closed 60,829	$1,586,421,000
J P Morgan Exchange Traded F	Closed 24,396	$1,527,661,000
Vanguard Index Fds	70.98% 5,781	$1,748,408,000	2.15%
Apple Inc	202.06% 5,564	$1,171,965,000	1.44%
Vanguard World Fd	Closed 6,246	$1,572,374,000
Eaton Vance Tax Advt Div Inc	Closed 39,306	$927,612,000
Wisdomtree Tr	Closed 17,120	$1,106,878,000
NVIDIA Corp	2,684.30% 6,738	$832,378,000	1.02%
Pimco Etf Tr	Closed 20,367	$1,122,283,000
Eaton Vance Tax-managed Dive	Closed 43,853	$585,878,000
Vanguard Specialized Funds	Closed 3,182	$581,017,000
Microsoft Corporation	7.74% 1,225	$547,462,000	0.67%
Ark Etf Tr	Closed 29,057	$1,053,089,000
Amazon.com Inc.	Opened 2,757	$532,790,000	0.66%
Invesco Exch Traded Fd Tr Ii	Opened 13,330	$705,227,000	0.87%
Medtronic Plc	Closed 5,348	$466,104,000
Janus Detroit Str Tr	Opened 8,660	$440,644,000	0.54%
Etf Ser Solutions	Closed 15,797	$587,864,000
Davis Fundamental Etf Tr	Closed 8,107	$327,279,000
First Tr Value Line Divid In	Closed 7,700	$325,167,000
Price T Rowe Group Inc	Opened 2,800	$322,868,000	0.40%
Alps Etf Tr	Closed 6,766	$321,136,000
Spdr Sp 500 Etf Tr	81.29% 504	$274,083,000	0.34%
Berkshire Hathaway Inc.	Closed 613	$257,780,000
Public Svc Enterprise Grp In	Closed 3,777	$252,228,000
Eaton Vance Tx Adv Glbl Div	Closed 12,978	$236,850,000
Schwab Strategic Tr	Closed 3,760	$233,345,000
Costco Whsl Corp New	Opened 263	$223,184,000	0.27%
Spdr Index Shs Fds	Closed 5,743	$205,830,000
Eaton Vance Tax-managed Buy-	Closed 15,555	$201,129,000
Eaton Vance Tax-managed Glob	Closed 33,152	$271,316,000
No transactions found
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