0001398344-19-013626.txt : 20190807 0001398344-19-013626.hdr.sgml : 20190807 20190807082249 ACCESSION NUMBER: 0001398344-19-013626 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190630 FILED AS OF DATE: 20190807 DATE AS OF CHANGE: 20190807 EFFECTIVENESS DATE: 20190807 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Summit Asset Management, LLC CENTRAL INDEX KEY: 0001509974 IRS NUMBER: 621765323 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14078 FILM NUMBER: 191003916 BUSINESS ADDRESS: STREET 1: 5100 WHEELIS DRIVE, SUITE 107 CITY: MEMPHIS STATE: TN ZIP: 38117 BUSINESS PHONE: 901-729-8100 MAIL ADDRESS: STREET 1: 5100 WHEELIS DRIVE, SUITE 107 CITY: MEMPHIS STATE: TN ZIP: 38117 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001509974 XXXXXXXX 06-30-2019 06-30-2019 false Summit Asset Management, LLC

5100 WHEELIS DRIVE, SUITE 107 MEMPHIS TN 38117

13F HOLDINGS REPORT 028-14078 N Lance Wayne Hollingsworth 901-729-8100 /s/ Lance Wayne Hollingsworth Memphis TN 07-22-2019 0 110 210945 INFORMATION TABLE 2 fp0044169_13fhr-table.xml 13F INFORMATION TABLE 3M CO COM 88579Y101 663 3826 SH SOLE 3826 0 0 ABBOTT LABS COM 002824100 242 2882 SH SOLE 1882 0 1000 ALPHABET INC CAP STK CL C 02079K107 492 455 SH SOLE 349 0 106 ALTUS MIDSTREAM CO CL A 02215L100 37 10000 SH SOLE 10000 0 0 AMAZON COM INC COM 023135106 1246 658 SH SOLE 578 0 80 APPLE INC COM 037833100 2389 12070 SH SOLE 11115 0 955 AT&T INC COM 00206R102 1215 36245 SH SOLE 32721 0 3524 AUTOZONE INC COM 053332102 1932 1757 SH SOLE 1657 0 100 BERKSHIRE HATHAWAY INC DEL CL A 084670108 2228 700 SH SOLE 700 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 8274 38813 SH SOLE 35713 0 3100 BOEING CO COM 097023105 245 673 SH SOLE 673 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 276 6097 SH SOLE 4784 0 1313 CARMAX INC COM 143130102 388 4473 SH SOLE 3285 0 1188 THE CHARLES SCHWAB CORPORATI COM 808513105 637 15850 SH SOLE 14777 0 1073 CHEVRON CORP NEW COM 166764100 568 4563 SH SOLE 4271 0 292 CISCO SYS INC COM 17275R102 260 4748 SH SOLE 4748 0 0 COCA COLA CO COM 191216100 1053 20672 SH SOLE 19114 0 1558 COSTCO WHSL CORP NEW COM 22160K105 241 913 SH SOLE 763 0 150 CREDIT ACCEP CORP MICH COM 225310101 296 612 SH SOLE 484 0 128 CVS HEALTH CORP COM 126650100 336 6169 SH SOLE 5869 0 300 DOMINION ENERGY INC COM 25746U109 251 3247 SH SOLE 2247 0 1000 SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 11227 42229 SH SOLE 39763 0 2466 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 335 12772 SH SOLE 12772 0 0 EXCHANGE TRADED CONCEPTS TR EMQQ EM INTERN 301505889 720 22410 SH SOLE 22410 0 0 EXPEDITORS INTL WASH INC COM 302130109 748 9855 SH SOLE 9855 0 0 EXXON MOBIL CORP COM 30231G102 2045 26680 SH SOLE 21790 0 4890 FACEBOOK INC CL A 30303M102 283 1466 SH SOLE 1225 0 241 FASTENAL CO COM 311900104 272 8356 SH SOLE 8356 0 0 FEDEX CORP COM 31428X106 1184 7209 SH SOLE 7134 0 75 FIRST HORIZON NATL CORP COM 320517105 973 65146 SH SOLE 63123 0 2023 INDEXIQ ETF TR HDGD FTSE EURO 45409B552 1744 88865 SH SOLE 84270 0 4595 GENERAL DYNAMICS CORP COM 369550108 216 1188 SH SOLE 1188 0 0 GENERAL ELECTRIC CO COM 369604103 232 22107 SH SOLE 21847 0 260 HOME DEPOT INC COM 437076102 299 1438 SH SOLE 1438 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 816 5920 SH SOLE 5620 0 300 IDEXX LABS INC COM 45168D104 2270 8245 SH SOLE 8245 0 0 ISHARES TR SELECT DIVID ETF 464287168 203 2043 SH SOLE 2043 0 0 INTEL CORP COM 458140100 267 5581 SH SOLE 5581 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 14717 458611 SH SOLE 428088 0 30523 INVESCO EXCHANGE TRADED FD T S&P 500 TOP 50 46137V233 296 1411 SH SOLE 1346 0 65 ISHARES TR CORE S&P MCP ETF 464287507 362 1863 SH SOLE 1863 0 0 ISHARES TR CORE S&P500 ETF 464287200 1101 3734 SH SOLE 3734 0 0 ISHARES TR HDG MSCI EAFE 46434V803 599 20101 SH SOLE 20101 0 0 ISHARES TR EAFE SML CP ETF 464288273 222 3870 SH SOLE 3870 0 0 ISHARES TR MRNGSTR LG-CP GR 464287119 495 2581 SH SOLE 2581 0 0 ISHARES TR MRNGSTR LG-CP VL 464288109 330 3057 SH SOLE 3057 0 0 ISHARES TR MRGSTR MD CP ETF 464288208 762 3929 SH SOLE 3929 0 0 ISHARES TR MRGSTR MD CP GRW 464288307 3618 14382 SH SOLE 13471 0 911 ISHARES TR MRGSTR MD CP VAL 464288406 235 1492 SH SOLE 1492 0 0 ISHARES TR MSCI EAFE ETF 464287465 450 6849 SH SOLE 6849 0 0 DBX ETF TR XTRACK MSCI EURP 233051853 8706 299174 SH SOLE 275332 0 23842 ISHARES TR S&P 500 VAL ETF 464287408 680 5835 SH SOLE 5835 0 0 ISHARES TR CORE S&P SCP ETF 464287804 9688 123756 SH SOLE 116980 0 6776 ISHARES TR ULTR SH TRM BD 46434V878 277 5500 SH SOLE 5500 0 0 JD COM INC SPON ADR CL A 47215P106 613 20239 SH SOLE 20239 0 0 JERNIGAN CAP INC COM 476405105 1882 91783 SH SOLE 91783 0 0 JOHNSON & JOHNSON COM 478160104 1858 13343 SH SOLE 12343 0 1000 JPMORGAN CHASE & CO COM 46625H100 260 2328 SH SOLE 2228 0 100 MCDONALDS CORP COM 580135101 329 1586 SH SOLE 1386 0 200 MERCK & CO INC COM 58933Y105 234 2788 SH SOLE 1613 0 1175 MICROSOFT CORP COM 594918104 1607 11995 SH SOLE 11495 0 500 MID AMER APT CMNTYS INC COM 59522J103 789 6704 SH SOLE 5879 0 825 MONDELEZ INTL INC CL A 609207105 309 5726 SH SOLE 4826 0 900 NEXTERA ENERGY INC COM 65339F101 542 2644 SH SOLE 2644 0 0 NVIDIA CORP COM 67066G104 247 1506 SH SOLE 1506 0 0 PEPSICO INC COM 713448108 823 6273 SH SOLE 6273 0 0 PFIZER INC COM 717081103 860 19861 SH SOLE 16263 0 3598 PHILLIPS 66 COM 718546104 308 3294 SH SOLE 2644 0 650 PIMCO ETF TR ENHAN SHRT MA AC 72201R833 381 3747 SH SOLE 3747 0 0 PINNACLE FINL PARTNERS INC COM 72346Q104 488 8494 SH SOLE 1645 0 6849 PROCTER AND GAMBLE CO COM 742718109 2619 23882 SH SOLE 22747 0 1135 PROGRESSIVE CORP OHIO COM 743315103 1187 14850 SH SOLE 14850 0 0 PUBLIC STORAGE COM 74460D109 410 1720 SH SOLE 1720 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 283 966 SH SOLE 966 0 0 SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 61 16000 SH SOLE 14000 0 2000 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 887 17535 SH SOLE 17320 0 215 SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 794 16186 SH SOLE 16186 0 0 SPDR SERIES TRUST S&P DIVID ETF 78464A763 291 2888 SH SOLE 2888 0 0 SUNTRUST BKS INC COM 867914103 630 10021 SH SOLE 5521 0 4500 TJX COS INC NEW COM 872540109 1178 22284 SH SOLE 22284 0 0 SOUTHERN CO COM 842587107 232 4189 SH SOLE 3939 0 250 TORCHMARK CORP COM 891027104 618 6907 SH SOLE 6907 0 0 TRACTOR SUPPLY CO COM 892356106 452 4155 SH SOLE 3955 0 200 SCHWAB STRATEGIC TR US AGGREGATE B 808524839 382 7207 SH SOLE 5694 0 1513 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 363 5149 SH SOLE 5149 0 0 SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 23841 449232 SH SOLE 420921 0 28311 SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 15983 192085 SH SOLE 178268 0 13817 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 754 10743 SH SOLE 10743 0 0 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 13744 244823 SH SOLE 226449 0 18374 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 16463 288372 SH SOLE 272684 0 15688 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 1764 24679 SH SOLE 20661 0 4018 UNION PACIFIC CORP COM 907818108 1137 6722 SH SOLE 6722 0 0 UNITED PARCEL SERVICE INC CL B 911312106 319 3092 SH SOLE 3092 0 0 UNITED TECHNOLOGIES CORP COM 913017109 274 2107 SH SOLE 2107 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 221 5198 SH SOLE 5198 0 0 VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 7340 133702 SH SOLE 121658 0 12044 VANGUARD INDEX FDS MID CAP ETF 922908629 350 2095 SH SOLE 2095 0 0 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 419 4790 SH SOLE 4790 0 0 VANGUARD INDEX FDS SM CP VAL ETF 922908611 212 1625 SH SOLE 1625 0 0 VANGUARD STAR FD VG TL INTL STK F 921909768 564 10694 SH SOLE 10393 0 301 VANGUARD INDEX FDS TOTAL STK MKT 922908769 216 1436 SH SOLE 1436 0 0 VANGUARD INDEX FDS VALUE ETF 922908744 257 2313 SH SOLE 974 0 1339 VERIZON COMMUNICATIONS INC COM 92343V104 734 12856 SH SOLE 10856 0 2000 VISA INC COM CL A 92826C839 1046 6026 SH SOLE 4991 0 1035 WALGREENS BOOTS ALLIANCE INC COM 931427108 469 8582 SH SOLE 7378 0 1204 WALMART INC COM 931142103 967 8754 SH SOLE 7554 0 1200 DISNEY WALT CO COM DISNEY 254687106 209 1495 SH SOLE 950 0 545 WASTE MGMT INC DEL COM 94106L109 236 2048 SH SOLE 2048 0 0 WELLS FARGO CO NEW COM 949746101 602 12728 SH SOLE 10928 0 1800 WISDOMTREE TR ITL HDG QTLY DIV 97717X594 11262 344208 SH SOLE 323182 0 21026