SUMMIT INVESTMENT ADVISORS, INC.

HUNT VALLEY, MD · CIK 2055275 · 13F filing filed 2025-08-06

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyHunt Valley, MD

$121.4m reported value +7.9% vs Q1 2025

55positions

56.6%in top 10

1 new 47 added 4 reduced 1 sold out vs Q1 2025

This report includes the holdings of 3 other managers that share the investment decisions:

ALGER – no 13F of its own this quarter
ARK – no 13F of its own this quarter
CLEARBRIDGE – no 13F of its own this quarter

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	INVESCO EXCH TRD SLF IDX FD BULSHS 2025 HY BSJP	BSJP	492,654	$11.4m9.36%	9.36%	Added +14.8k	+14,774 3.1%
2	ISHARES TR RUS 1000 GRW ETF IWF	IWF	20,053	$8.7m7.14%	7.14%	Added +189	+189 0.9%
3	INVESCO EXCH TRD SLF IDX FD BULSHS 2027 CB BSCR	BSCR	432,241	$8.5m7.01%	7.01%	Added +13.3k	+13,344 3.2%
4	ISHARES TR IBONDS 2026 TERM IBHF	IBHF	304,244	$7.0m5.80%	5.80%	Added +12.8k	+12,779 4.4%
5	INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 26 BSJQ	BSJQ	282,006	$6.6m5.42%	5.42%	Added +12.1k	+12,069 4.5%
6	ISHARES TR IBONDS 27 ETF IBDS	IBDS	262,378	$6.4m5.24%	5.24%	Added +9.9k	+9,909 3.9%
7	ISHARES TR RUS 1000 ETF IWB	IWB	18,322	$6.3m5.16%	5.16%	Added +341	+341 1.9%
8	INVESCO EXCH TRD SLF IDX FD BULSHS 2026 CB BSCQ	BSCQ	252,749	$4.9m4.07%	4.07%	Added +10.6k	+10,563 4.4%
9	ISHARES TR IBONDS DEC2026 IBDR	IBDR	186,724	$4.5m3.72%	3.72%	Added +8.3k	+8,253 4.6%
10	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	8,136	$4.5m3.71%	3.71%	Added +46	+46 0.6%
11	FRANKLIN TEMPLETON ETF TR SENIOR LOAN ETF FLBL	FLBL	177,999	$4.3m3.53%	3.53%	Added +4.7k	+4,695 2.7%
12	ISHARES TR RUS 1000 VAL ETF IWD	IWD	19,549	$3.8m3.11%	3.11%	Added +279	+279 1.4%
13	FIRST TR EXCHANGE-TRADED FD DOW 30 EQL WGT EDOW	EDOW	79,091	$3.0m2.47%	2.47%	Added +1.5k	+1,454 1.9%
14	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	16,366	$3.0m2.45%	2.45%	Added +288	+288 1.8%
15	INVESCO EXCH TRD SLF IDX FD INVSCO 28 HYCORP BSJS	BSJS	121,173	$2.7m2.19%	2.19%	Added +11.2k	+11,208 10.2%
16	INVESCO EXCH TRD SLF IDX FD BULETSHS 2027 BSJR	BSJR	114,478	$2.6m2.14%	2.14%	Added +7.5k	+7,483 7.0%
17	ISHARES TR IBONDS 28 TR HI IBHH	IBHH	100,648	$2.4m1.96%	1.96%	Added +7.1k	+7,107 7.6%
18	ISHARES TR IBONDS 2027 TERM IBHG	IBHG	97,610	$2.2m1.80%	1.80%	Added +7.3k	+7,270 8.1%
19	ISHARES TR IBONDS 29 TR HI IBHI	IBHI	81,772	$1.9m1.58%	1.58%	Added +7.6k	+7,562 10.2%
20	INVESCO EXCH TRD SLF IDX FD BULETSHS 2029 HG BSJT	BSJT	87,324	$1.9m1.54%	1.54%	Added +8.7k	+8,711 11.1%
21	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	17,708	$1.7m1.41%	1.41%	Reduced -67	-67 -0.4%
22	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	32,486	$1.7m1.40%	1.40%	Added +136	+136 0.4%
23	ISHARES TR RUS MID CAP ETF IWR	IWR	16,067	$1.5m1.22%	1.22%	Added +134	+134 0.8%
24	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	4,742	$1.4m1.19%	1.19%	Added +25	+25 0.5%
25	APPLE INC COM AAPL	AAPL	6,740	$1.4m1.12%	1.12%	Added +63	+63 0.9%
26	ISHARES TR IBONDS 25 TRM HG IBHE	IBHE	54,449	$1.3m1.07%	1.07%	Added +307	+307 0.6%
27	ISHARES U S ETF TR IT RT HDG HGYL HYGH	HYGH	14,548	$1.3m1.03%	1.03%	Added +796	+796 5.8%
28	INVESCO EXCH TRD SLF IDX FD BULSHS 2025 CB BSCP	BSCP	49,764	$1.0m0.85%	0.85%	Reduced -90	-90 -0.2%
29	MICROSOFT CORP COM MSFT	MSFT	1,870	$979.9k0.81%	0.81%	Unchanged
30	CINCINNATI FINL CORP COM CINF	CINF	6,282	$918.4k0.76%	0.76%	Added +37	+37 0.6%
31	NVIDIA CORPORATION COM NVDA	NVDA	5,270	$915.5k0.75%	0.75%	Added +102	+102 2.0%
32	FIRST TR EXCHANGE-TRADED FD SENIOR LN FD FTSL	FTSL	19,870	$912.4k0.75%	0.75%	Added +2.2k	+2,158 12.2%
33	AMAZON COM INC COM AMZN	AMZN	4,142	$889.4k0.73%	0.73%	Reduced -725	-725 -14.9%
34	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	15,263	$771.8k0.64%	0.64%	Added +105	+105 0.7%
35	INVESCO EXCH TRADED FD TR II SR LN ETF BKLN	BKLN	32,310	$674.9k0.56%	0.56%	Added +3.8k	+3,799 13.3%
36	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	2,744	$625.8k0.52%	0.52%	Added +94	+94 3.5%
37	INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 28 BSCS	BSCS	29,270	$600.9k0.50%	0.50%	Added +4.4k	+4,413 17.8%
38	ISHARES TR CORE MSCI EAFE IEFA	IEFA	6,816	$556.9k0.46%	0.46%	Added +91	+91 1.4%
39	ISHARES TR IBONDS DEC25 ETF IBDQ	IBDQ	20,554	$515.9k0.43%	0.43%	Reduced -407	-407 -1.9%
40	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	869	$496.6k0.41%	0.41%	Added +1	+1 0.1%
41	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	10,852	$464.0k0.38%	0.38%	Added +192	+192 1.8%
42	INVESCO EXCH TRD SLF IDX FD BULETSHS 2029 BSCT	BSCT	23,980	$449.9k0.37%	0.37%	Added +1.1k	+1,138 5.0%
43	LPL FINL HLDGS INC COM LPLA	LPLA	1,147	$424.4k0.35%	0.35%	Unchanged
44	ISHARES TR HIGH YLD SYSTM B HYDB	HYDB	8,065	$379.8k0.31%	0.31%	Added +150	+150 1.9%
45	COSTCO WHSL CORP NEW COM COST	COST	366	$348.6k0.29%	0.29%	Added +2	+2 0.6%
46	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	559	$347.8k0.29%	0.29%	Added +50	+50 9.8%
47	META PLATFORMS INC CL A META	META	437	$327.8k0.27%	0.27%	Added +6	+6 1.4%
48	ISHARES TR US INFRASTRUC IFRA	IFRA	6,504	$325.4k0.27%	0.27%	Added +25	+25 0.4%
49	ISHARES TR CORE S&P US GWT IUSG	IUSG	1,956	$298.5k0.25%	0.25%	Added +1	+1 0.1%
50	PRICE T ROWE GROUP INC COM TROW	TROW	2,800	$288.6k0.24%	0.24%	Unchanged
51	ISHARES TR SELECT DIVID ETF DVY	DVY	1,955	$261.8k0.22%	0.22%	Added +18	+18 0.9%
52	ISHARES TR RUS MD CP GR ETF IWP	IWP	1,702	$236.9k0.20%	0.20%	Added +1	+1 0.1%
53	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	528	$234.8k0.19%	0.19%	Added +1	+1 0.2%
54	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,222	$231.2k0.19%	0.19%	New
55	PROCTER AND GAMBLE CO COM PG	PG	1,534	$231.1k0.19%	0.19%	Added +22	+22 1.5%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
VISA INC V	V	589	$204.9k589 shares