SUMMIT ASSET MANAGEMENT, LLC Information

5100 WHEELIS DRIVE, SUITE 107, MEMPHIS, Tennessee, 38117, (901) 729-8100

Report Date: 03/31/2014

Position Statistics

Total Positions 92
New Positions 3
Increased Positions 28
Decreased Positions 34
Positions with Activity 62
Sold Out Positions 8
Total Mkt Value (in $ millions) 205

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.62%
Capital Goods 0.16%
Conglomerates
Consumer Cyclical 0.52%
Consumer/Non-Cyclical 1.73%
Energy 2.67%
Financial 87.64%
Healthcare 1.72%
Services 2.28%
Technology 1.3%
Transportation 0.69%
Utilities 0.67%

92 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BERKSHIRE HATHAWAY INC DEL CL A 76,490 New 400
SCHWAB STRATEGIC TR US DIVIDEND EQ 22,489 -105 (0.47) 580,821
SCHWAB STRATEGIC TR US LCAP GR ETF 10,600 -243 (2.24) 216,200
SCHWAB STRATEGIC TR US LCAP VA ETF 9,859 -233 (2.31) 228,635
ISHARES MRGSTR MD CP GRW 9,269 -251 (2.63) 62,406
SPDR DOW JONES INDL AVRG ETF UT SER 1 8,803 -8 (0.09) 52,039
SCHWAB STRATEGIC TR INTL EQTY ETF 8,445 399 4.95 256,998
CLAYMORE EXCHANGE TRD FD TR GUG BLT2016 HY 4,668 601 14.78 171,860
CLAYMORE EXCHANGE TRD FD TR GUGG BULL 2015 4,657 383 8.96 174,361
CLAYMORE EXCHANGE TRD FD TR GUG BLT2017 HY 4,569 4,569 New 167,193
BERKSHIRE HATHAWAY INC DEL CL B NEW 3,289 79 2.47 25,787
EXXON MOBIL CORP COM 2,546 -203 (7.39) 24,674
PROCTER & GAMBLE CO COM 1,777 -57 (3.09) 22,336
INTERNATIONAL BUSINESS MACHS COM 1,566 -66 (4.02) 8,054
FIRST HORIZON NATL CORP COM 1,411 187 15.29 117,207
PIMCO ETF TR ENHAN SHRT MAT 1,370 -2,765 (66.87) 13,505
JOHNSON & JOHNSON COM 1,196 -97 (7.51) 11,716
AUTOZONE INC COM 1,075 145 15.53 2,090
SCHWAB STRATEGIC TR US MID-CAP ETF 1,040 74 7.69 26,196
FEDEX CORP COM 1,003 .02 6,651