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Summit Financial Wealth Advisors, LLC

SEC Form 13F institutional filer · CIK 0001632283

13F-HR · 104 reported holdings · 2026-03-31

Reported long-US-equity value

$0.36B

Top-10 concentration

57.3%

Summit Financial Wealth Advisors, LLC — $361M AUM allocation strategy

Summit Financial Wealth Advisors, LLC files SEC Form 13F and reports $361M of long US equity value across 104 reported holdings for 2026-03-31.

Its largest sector bet is Financials 19.9%, followed by Industrials 17.2% and Information Technology 9.5%.

The top 10 holdings account for 57% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Summit Financial Wealth Advisors, LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$361M

total across 104 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

57% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$UNH$TROW$FSMD

+$UNH +25.2K sh · +$6.54M+$TROW +11.8K sh · +$244K+$FSMD +6.67K sh · +$302K

Biggest trims (shares)

$SCHW$QCOM$XLE

−$SCHW −53.7K sh · +$4.49M−$QCOM −51.3K sh · −$8.93M−$XLE −39.7K sh · −$1.57M

Added from nil (new positions)

$FANG$IYY$WMB$NFLX$AMAT

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$HD$ADBE$APH$ABT$GIS

$HD ($763K last qtr)$ADBE ($364K last qtr)$APH ($344K last qtr)$ABT ($261K last qtr)$GIS ($259K last qtr)

Sector allocation (share of reported value)

Financials 20%Industrials 17%ETFs 11%Information Technology 10%Energy 9%Consumer Discretionary 5%Communication Services 4%Health Care 2%Other holdings 22%SECTORS
  • $XLFFinancials19.9%
  • $XLIIndustrials17.2%
  • ETFs11.3%
  • $XLKInformation Technology9.5%
  • $XLEEnergy8.6%
  • $XLYConsumer Discretionary4.9%
  • $XLCCommunication Services3.9%
  • $XLVHealth Care2.2%
  • Other holdings22.4%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Investment Banking & Brokerage 18%Aerospace & Defense 7%Construction Machinery & Heavy Transportation Equipment 5%Oil & Gas Refining & Marketing 4%Integrated Oil & Gas 4%Integrated Telecommunication Services 4%Industrial Conglomerates 4%Communications Equipment 4%Other holdings 51%INDUSTRIES
  • Investment Banking & Brokerage18.4%
  • Aerospace & Defense6.5%
  • Construction Machinery & Heavy Transportation Equipment4.7%
  • Oil & Gas Refining & Marketing4.4%
  • Integrated Oil & Gas4.2%
  • Integrated Telecommunication Services3.9%
  • Industrial Conglomerates3.7%
  • Communications Equipment3.6%
  • Other holdings50.7%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

8 of 8 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$SCHWCharles Schwab Corporation2.17M$66.3M-53.7K18.4%
$CMICummins Inc31.3K$16.8M-1154.7%
$VLOValero Energy Corporation64.4K$15.9M-17K4.4%
$RTXRTX Corporation78.7K$15.2M-21.1K4.2%
$TAT&T Inc482K$14M+4.27K3.9%
$MMM3M Company92.8K$13.5M+1.67K3.7%
$CSCOCisco Systems Inc167K$13M+2.05K3.6%
$AAPLApple Inc43.9K$11.1M+3173.1%

…and 96 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

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How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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