Summit Investment Advisory Services, LLC

Key Holdings

The portfolio exhibits a high concentration in its top positions, with the top five holdings accounting for approximately 74.4% of the total assets.

• Capital Group Dominance: The largest positions are Capital Group funds. CGDV (Capital Group Dividend Value) is the largest holding at $40.83M (19.51%), followed closely by CGGR (Capital Group Growth ETF) at $36.29M (17.35%). The third largest holding is Capital Group Core Equity ET at $27.83M (13.30%). Collectively, Capital Group vehicles comprise roughly 50% of the entire portfolio, indicating a strong preference for Capital Group’s active management style across both value and growth spectra.
• Franklin Templeton and iShares: The Franklin Templeton ETF Trust holds the fourth spot at $26.95M (12.88%), while the iShares Core Dividend Growth ETF (DGRO) is the fifth largest at $24.12M (11.53%). These positions further reinforce a focus on income and core equity exposure.
• Individual Securities: Individual stocks are minimal. The only notable individual equity position is NVIDIA (NVDA), which ranks 28th with a value of $344.83K (0.16%). This confirms that the advisor acts primarily as a fund allocator rather than a stock picker.