Summit Trail Advisors, LLC

CIK

1698478

Location

NEW YORK, NY

Portfolio Value

Mid $4,431,468,039

Diversification

Diversified

Filing Date

Global Rank

#731 / 8,621 ▲ 139 · as of Mar 2026

Top Industry

Semiconductors 10.7%

3Y Alpha vs SPY

+1.6%

Period ended 4 months ago

Filed May 12, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+86.2%

SPY

+67.9%

Annualised alpha

+4.2%

Max drawdown

−23.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

1,273 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.3%

−2.1 pts

Top 5

19.0%

−2.3 pts

Top 10

29.1%

−1.0 pts

HHI

114

Diversified−22

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	32.1%	$1,422,154,527	226
Financial Services	13.0%	$577,122,638	224
Industrials	11.7%	$519,682,101	177
Consumer Cyclical	8.9%	$396,557,347	154
Consumer Defensive	7.6%	$334,904,624	65
Healthcare	7.3%	$321,975,166	140
Communication Services	6.8%	$299,409,799	48
Energy	3.4%	$152,331,579	61
Unclassified	2.7%	$120,689,166	16
Real Estate	2.4%	$108,345,781	71
Basic Materials	2.1%	$92,660,154	50
Utilities	1.9%	$85,635,157	41

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DLO	dLocal Ltd	+6,738,506	7,679,326	$99,600,858
OLLI	Ollie's Bargain Outlet Holdings, Inc.	+1,576,616	1,602,150	$147,461,886
EXPD	Expeditors International Of Washington Inc	+475,623	485,717	$69,569,245
NVDA	Nvidia Corp	+247,628	835,005	$145,624,872
GOOGL	Alphabet Inc.	+212,668	465,004	$133,716,550
GTM	ZoomInfo Technologies Inc.	+175,932	303,936	$1,817,537
TDOC	Teladoc Health, Inc.	+143,006	225,492	$1,228,931
LYG	Lloyds Banking Group plc	+140,962	156,374	$786,561
MFG	Mizuho Financial Group Inc	+133,369	146,996	$1,167,148
AAPL	Apple Inc.	+130,867	713,487	$181,075,865
PML	Pimco Municipal Income Fund II	+130,642	144,819	$1,096,279
VYX	NCR Voyix Corp	+123,518	381,274	$2,413,464
SOFI	SoFi Technologies, Inc.	+120,225	420,643	$6,679,810
CPRT	Copart Inc	+116,735	158,783	$5,271,595
SAN	Banco Santander, S.A.	+116,476	147,631	$1,665,277
ADT	ADT Inc.	+110,951	211,385	$1,388,799
SNAP	Snap Inc	+101,367	423,468	$1,947,952
MUC	Blackrock Muniholdings California Quality Fund, Inc.	+99,062	109,315	$1,136,876
KRMN	Karman Holdings Inc.	+96,211	104,928	$8,399,486
AMZN	Amazon Com Inc	+89,115	371,719	$77,417,916
GPK	Graphic Packaging Holding Co	+86,874	151,253	$1,503,454
TRIP	TripAdvisor, Inc.	+86,636	222,081	$2,367,383
MYI	Blackrock Muniyield Quality Fund III, Inc.	+83,227	104,480	$1,098,084
PLTR	Palantir Technologies Inc.	+79,111	361,041	$52,813,077
ANET	Arista Networks, Inc.	+74,554	151,588	$18,611,974
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
UAA	Under Armour, Inc.	−237,062	153,665	$908,160
UWMC	UWM Holdings Corp	−56,493	57,964	$209,829
FLO	Flowers Foods Inc	−54,596	118,703	$967,429
ALGM	Allegro Microsystems, Inc.	−42,283	50,223	$1,583,531
OKTA	Okta, Inc.	−41,876	219,388	$17,268,029
KRC	Kilroy Realty Corp	−39,139	40,243	$1,135,255
DRVN	Driven Brands Holdings Inc.	−37,280	33,750	$425,587
G	Genpact LTD	−30,095	37,530	$1,397,992
DOW	Dow Inc.	−27,991	52,997	$2,207,325
CC	Chemours Co	−26,382	66,156	$1,457,416
VVV	Valvoline Inc	−21,762	68,848	$2,318,800
ACHC	Acadia Healthcare Company, Inc.	−20,763	58,505	$1,368,431
GLD	Spdr Gold Trust	−20,482	12,506	$5,381,206
OGN	Organon & Co.	−19,089	35,494	$212,609
NSA	National Storage Affiliates Trust	−18,007	35,905	$1,355,054
ARW	Arrow Electronics, Inc.	−17,653	11,633	$1,668,288
AZTA	Azenta, Inc.	−17,492	45,859	$969,000
UDMY	Udemy, Inc.	−16,673	114,709	$529,955
ARCC	Ares Capital Corp	−16,578	17,605	$317,242
SON	Sonoco Products Co	−16,280	15,401	$833,040
CCL	Carnival Corp Ltd.	−16,028	119,296	$3,087,380
ADM	Archer-Daniels-Midland Co	−14,139	20,927	$1,521,183
IPGP	Ipg Photonics Corp	−13,464	10,881	$1,246,853
EW	Edwards Lifesciences Corp	−12,690	30,314	$2,427,545
CZR	Caesars Entertainment, Inc.	−12,119	59,222	$1,565,237
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SGU	Star Group, L.P.	2,022,000	$24,830,160
UVIX	VS Trust	40,976	$7,097,043
FERG	Ferguson Enterprises Inc. /DE/	22,530	$5,255,347
AZN	Astrazeneca PLC	20,119	$3,967,869
SIFY	Sify Technologies Ltd	244,426	$3,126,208
MHD	Blackrock Muniholdings Fund, Inc.	191,652	$2,161,834
CCC	CCC Intelligent Solutions Holdings Inc.	357,491	$2,144,946
PNFP	Pinnacle Financial Partners, Inc.	22,184	$1,910,929
BHP	BHP Group Ltd	25,425	$1,849,414
TM	Toyota Motor Corp/	8,134	$1,676,336
MQY	Blackrock Muniyield Quality Fund, Inc.	150,034	$1,647,373
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	65,015	$1,408,224
MYN	Blackrock Muniyield New York Quality Fund, Inc.	135,709	$1,302,806
SMFG	Sumitomo Mitsui Financial Group, Inc.	64,640	$1,276,640
CALY	Callaway Golf Co	90,052	$1,249,921
SUNB	Sunbelt Rentals Holdings, Inc.	18,388	$1,196,874
NAD	Nuveen Quality Municipal Income Fund	96,370	$1,108,255
BP	Bp PLC	23,540	$1,106,380
BTI	British American Tobacco p.l.c.	18,604	$1,087,775
NEA	Nuveen AMT-Free Quality Municipal Income Fund	86,784	$974,584
RIO	Rio Tinto PLC	10,423	$972,361
ING	Ing Groep NV	37,279	$971,117
NVG	Nuveen AMT-Free Municipal Credit Income Fund	76,780	$946,697
WSFS	Wsfs Financial Corp	14,117	$924,098
SNY	Sanofi	18,072	$870,708
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
PSTL	Postal Realty Trust, Inc.	167,803	$2,708,340
EXAS	EXACT SCIENCES CORP	7,452	$756,825
CABO	Cable One, Inc.	6,662	$751,806
OBDC	Blue Owl Capital Corp	37,834	$470,276
BXSL	Blackstone Secured Lending Fund	16,619	$437,578
FSK	FS KKR Capital Corp	28,236	$418,175
CYTK	Cytokinetics Inc	5,388	$342,353
ASB	Associated Banc-Corp	11,438	$294,642
CAMT	Camtek Ltd	2,750	$292,462
WING	Wingstop Inc.	1,220	$290,957
PSKY	Paramount Skydance Corp	20,986	$281,212
DEO	Diageo PLC	3,224	$278,134
IPX	IPERIONX Ltd	6,862	$248,301
AEO	American Eagle Outfitters Inc	8,028	$211,698
ARWR	Arrowhead Pharmaceuticals, Inc.	3,164	$210,057
BTC	Grayscale Bitcoin Mini Trust ETF	5,197	$201,279
JPC	Nuveen Preferred & Income Opportunities Fund	19,365	$157,050
KRMD	KORU Medical Systems, Inc.	25,000	$145,250
NRK	Nuveen New York Amt-Free Quality Municipal Income Fund	10,722	$108,184
TMC	TMC the metals Co Inc.	15,050	$92,858
IHS	IHS Holding Ltd	11,680	$87,132
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,273 positions · $4,431,468,039 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,273 positions by value · page 1 of 26

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AVGO	Broadcom Inc. Technology	Added	758,861	+31,594	$234,875,068	−6.7%	5.30%
AAPL	Apple Inc. Technology	Added	713,487	+130,867	$181,075,865	+14.3%	4.09%
OLLI	Ollie's Bargain Outlet Holdings, Inc. Consumer Defensive	Added	1,602,150	+1,576,616	$147,461,886	+5168.8%	3.33%
NVDA	Nvidia Corp Technology	Added	835,005	+247,628	$145,624,872	+32.9%	3.29%
GOOGL	Alphabet Inc. Communication Services	Added	465,004	+212,668	$133,716,550	+69.3%	3.02%
MSFT	Microsoft Corp Technology	Added	290,945	+44,058	$107,699,110	−9.8%	2.43%
DLO	dLocal Ltd Technology	Added	7,679,326	+6,738,506	$99,600,858	+648.7%	2.25%
APH	Amphenol Corp /De/ Technology	Added	718,247	+60,110	$90,750,508	+2.0%	2.05%
AMZN	Amazon Com Inc Consumer Cyclical	Added	371,719	+89,115	$77,417,916	+18.7%	1.75%
EXPD	Expeditors International Of Washington Inc Industrials	Added	485,717	+475,623	$69,569,245	+4525.3%	1.57%
META	Meta Platforms, Inc. Communication Services	Added	117,190	+33,101	$67,047,914	+20.8%	1.51%
SPY	Spdr S&P 500 ETF Trust	Added	89,838	+21,229	$58,425,244	+24.9%	1.32%
PLTR	Palantir Technologies Inc. Technology	Added	361,041	+79,111	$52,813,077	+5.4%	1.19%
JPM	Jpmorgan Chase & Co Financial Services	Added	140,214	+28,144	$41,245,350	+14.2%	0.93%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	83,784	+10,751	$40,149,292	+9.4%	0.91%
TSLA	Tesla, Inc. Consumer Cyclical	Added	100,324	+28,829	$37,295,447	+16.0%	0.84%
IAU	Ishares Gold Trust	Added	336,119	+47,488	$29,632,251	+26.5%	0.67%
CAT	Caterpillar Inc Industrials	Reduced	41,247	-160	$29,221,849	+23.2%	0.66%
AON	Aon plc Financial Services	Added	90,234	+4,206	$29,125,730	−4.1%	0.66%
LLY	ELI LILLY & Co Healthcare	Added	28,383	+7,823	$26,105,831	+18.2%	0.59%
JNJ	Johnson & Johnson Healthcare	Added	102,792	+20,623	$25,126,476	+47.8%	0.57%
SGU	Star Group, L.P. Energy	NEW	2,022,000	NEW	$24,830,160	NEW	0.56%
XOM	ExxonMobil Holdings Corp Energy	Added	144,765	+23,498	$24,560,829	+68.3%	0.55%
ERIE	Erie Indemnity Co Financial Services	Reduced	92,363	-11,327	$23,211,745	−21.9%	0.52%
SCHW	Schwab Charles Corp Financial Services	Added	210,328	+28,810	$19,766,625	+9.0%	0.45%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	19,686	+3,941	$19,615,720	+44.5%	0.44%
WMT	Walmart Inc. Consumer Defensive	Added	156,083	+29,574	$19,397,995	+37.6%	0.44%
APO	Apollo Global Management, Inc. Financial Services	Added	171,740	+3,359	$19,135,270	−21.5%	0.43%
ANET	Arista Networks, Inc. Technology	Added	151,588	+74,554	$18,611,974	+84.4%	0.42%
CVX	Chevron Corp Energy	Added	84,456	+13,307	$17,473,946	+61.1%	0.39%
GS	Goldman Sachs Group Inc Financial Services	Added	20,542	+3,409	$17,378,326	+15.4%	0.39%
OKTA	Okta, Inc. Technology	Reduced	219,388	-41,876	$17,268,029	−23.6%	0.39%
V	Visa Inc. Financial Services	Added	51,806	+13,082	$15,657,845	+15.3%	0.35%
MU	Micron Technology Inc Technology	Added	45,594	+6,589	$15,403,476	+38.4%	0.35%
RTX	RTX Corp Industrials	Added	77,743	+13,571	$14,996,624	+27.4%	0.34%
ABBV	AbbVie Inc. Healthcare	Added	64,582	+16,124	$14,045,939	+26.9%	0.32%
LMT	Lockheed Martin Corp Industrials	Added	21,234	+1,267	$12,833,617	+32.9%	0.29%
WDC	Western Digital Corp Technology	Added	47,018	+3,317	$12,717,898	+68.9%	0.29%
BAC	Bank Of America Corp /De/ Financial Services	Added	253,965	+43,328	$12,380,793	+6.9%	0.28%
CSCO	Cisco Systems, Inc. Technology	Added	158,661	+32,455	$12,310,506	+26.6%	0.28%
MA	Mastercard Inc Financial Services	Added	24,586	+180	$12,284,640	−11.8%	0.28%
PM	Philip Morris International Inc. Consumer Defensive	Added	74,021	+5,141	$12,238,632	+10.8%	0.28%
HD	Home Depot, Inc. Consumer Cyclical	Added	37,061	+6,697	$12,188,992	+16.7%	0.28%
HIMS	Hims & Hers Health, Inc. Healthcare	Reduced	581,157	-9,288	$12,064,819	−37.1%	0.27%
DDOG	Datadog, Inc. Technology	Added	101,798	+1,895	$12,017,253	−11.5%	0.27%
NFLX	Netflix Inc Communication Services	Added	122,717	+25,001	$11,799,239	+28.8%	0.27%
LRCX	Lam Research Corp Technology	Added	52,592	+10,060	$11,236,806	+54.3%	0.25%
UBER	Uber Technologies, Inc Technology	Reduced	147,681	-2,105	$10,622,694	−13.2%	0.24%
GE	General Electric Co Industrials	Added	37,225	+7,662	$10,563,338	+16.0%	0.24%
AMD	Advanced Micro Devices Inc Technology	Added	51,612	+12,306	$10,499,429	+24.7%	0.24%