Summit Asset Management, LLC has disclosed its latest investment holdings in a recent 13F filing, detailing a total value of approximately $776.5 million as of September 30, 2026. This filing is significant as it provides insights into the company's investment strategy and portfolio adjustments, reflecting its position in the competitive asset management landscape.

The filing indicates that Summit Asset Management, based in Memphis, Tennessee, is actively managing a diverse portfolio. This includes notable investments in major corporations such as Apple Inc., Amazon.com Inc., and Alphabet Inc. These holdings suggest a strategic focus on technology and consumer sectors, which are pivotal in today’s market.

Background

Summit Asset Management, LLC is an asset management firm incorporated in Tennessee. The company has been filing with the SEC under the Central Index Key (CIK) number 0001509974. Its recent filings include multiple 13F reports, with the latest dated November 5, 2026. The firm operates under the SEC Act of 1934 and primarily engages in investment management activities.

What the Filing Says

The 13F filing reveals that Summit Asset Management has reported a total of 183 positions, indicating a well-diversified portfolio. The total value of these holdings is approximately $776,536,841. The filing was signed by Lance Wayne Hollingsworth, the Chief Investment Officer, reflecting the firm's commitment to transparency and regulatory compliance.

Impact

This filing may affect various stakeholders, including investors and competitors in the asset management industry. Investors may analyze Summit's holdings to gauge market trends and investment strategies. Competitors may also take note of Summit's portfolio choices as they strategize their own investment approaches.

What's Next

The filing does not indicate any specific next steps or upcoming events related to Summit Asset Management. However, the firm is likely to continue monitoring its investments and may adjust its portfolio in response to market conditions.