Summit Trail Advisors, LLC

CIK

1698478

Location

NEW YORK, NY

Portfolio Value

Mid $4,444,663,894

Diversification

Diversified

Filing Date

Global Rank

#575 / 8,232 ▲ 167

Top Industry

Semiconductors 10.6%

3Y Alpha vs SPY

+1.8%

Period ended 2 months ago

Filed May 12, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+84.9%

SPY

+76.3%

Annualised alpha

+1.9%

Max drawdown

−23.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

1,272 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.3%

−2.0 pts

Top 5

19.0%

−2.2 pts

Top 10

29.0%

−0.9 pts

HHI

113

Diversified−22

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	32.3%	$1,436,861,056	226
Financial Services	13.0%	$575,708,444	223
Industrials	11.7%	$520,262,485	176
Consumer Cyclical	9.2%	$407,745,787	154
Consumer Defensive	7.5%	$334,904,624	65
Healthcare	7.2%	$321,975,166	140
Communication Services	6.7%	$299,409,799	48
Energy	3.4%	$152,818,205	62
Unclassified	2.6%	$114,235,855	16
Real Estate	2.4%	$108,345,781	71
Basic Materials	2.0%	$86,761,535	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
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
AMCR	Amcor plc	21,675	$861,581
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

1,272 positions · $4,444,663,894 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 1,272 positions by value · page 1 of 26

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
UP	Wheels Up Experience Inc. Industrials	Held	10,228	0	$5,287	−21.2%	0.00%
MAPS	Wm Technology, Inc. Technology	NEW	25,000	NEW	$16,450	NEW	0.00%
BLZE	Backblaze, Inc. Technology	Held	10,000	0	$34,500	−26.0%	0.00%
SBEV	Splash Beverage Group, Inc. Consumer Defensive	NEW	100,000	NEW	$35,900	NEW	0.00%
BTBT	Bit Digital, Inc Financial Services	NEW	28,418	NEW	$37,227	NEW	0.00%
GGT	Gabelli Multimedia Trust Inc. Financial Services	Held	10,000	0	$39,300	−6.4%	0.00%
DNN	Denison Mines Corp. Energy	NEW	11,395	NEW	$40,224	NEW	0.00%
ACVA	ACV Auctions Inc. Consumer Cyclical	NEW	10,073	NEW	$42,709	NEW	0.00%
COTY	Coty Inc. Consumer Defensive	NEW	22,144	NEW	$44,509	NEW	0.00%
GAMB	Gambling.com Group Ltd Consumer Cyclical	Held	14,032	0	$54,444	−28.9%	0.00%
GALT	Galectin Therapeutics Inc Healthcare	Held	20,000	0	$55,800	−32.9%	0.00%
TACT	Transact Technologies Inc Technology	Held	18,983	0	$62,454	−17.8%	0.00%
SG	Sweetgreen, Inc. Consumer Cyclical	Added	13,392	+949	$69,504	−17.4%	0.00%
EPM	Evolution Petroleum Corp Energy	NEW	15,504	NEW	$71,008	NEW	0.00%
FRMI	Fermi Inc. Real Estate	NEW	12,406	NEW	$72,451	NEW	0.00%
STLA	Stellantis N.V. Consumer Cyclical	NEW	11,480	NEW	$81,393	NEW	0.00%
CWH	Camping World Holdings, Inc. Consumer Cyclical	NEW	12,376	NEW	$84,528	NEW	0.00%
ORC	Orchid Island Capital, Inc. Real Estate	NEW	12,294	NEW	$86,426	NEW	0.00%
RZLV	Rezolve Ai PLC Technology	Held	33,853	0	$86,663	−0.4%	0.00%
NAT	NORDIC AMERICAN TANKERS Ltd Energy	NEW	15,400	NEW	$90,244	NEW	0.00%
NABL	N-able, Inc. Technology	NEW	19,592	NEW	$91,494	NEW	0.00%
LNKB	LINKBANCORP, Inc. Financial Services	NEW	11,213	NEW	$93,516	NEW	0.00%
NTSK	Netskope Inc Technology	NEW	11,077	NEW	$94,043	NEW	0.00%
BBAI	BigBear.ai Holdings, Inc. Technology	NEW	26,990	NEW	$95,004	NEW	0.00%
RIG	Transocean Ltd. Energy	NEW	14,415	NEW	$95,571	NEW	0.00%
MARA	MARA Holdings, Inc. Financial Services	NEW	12,250	NEW	$99,960	NEW	0.00%
EVTL	Vertical Aerospace Ltd. Industrials	Reduced	46,318	-100	$102,362	−58.6%	0.00%
CLSK	Cleanspark, Inc. Financial Services	NEW	12,149	NEW	$103,387	NEW	0.00%
SOUN	Soundhound Ai, Inc. Technology	NEW	15,218	NEW	$104,547	NEW	0.00%
BFLY	Butterfly Network, Inc. Healthcare	Added	26,879	+93	$108,591	+6.7%	0.00%
CTLP	Cantaloupe, Inc. Technology	NEW	10,300	NEW	$111,343	NEW	0.00%
LCID	Lucid Group, Inc. Consumer Cyclical	NEW	12,282	NEW	$117,047	NEW	0.00%
AEG	Aegon Ltd. Financial Services	NEW	16,345	NEW	$118,664	NEW	0.00%
ASAN	Asana, Inc. Technology	NEW	19,127	NEW	$122,412	NEW	0.00%
YEXT	Yext, Inc. Technology	NEW	32,331	NEW	$124,151	NEW	0.00%
BUR	Burford Capital Ltd Financial Services	Added	27,903	+473	$126,121	−48.5%	0.00%
BLND	Blend Labs, Inc. Technology	Added	75,321	+56,458	$128,045	+123.3%	0.00%
SEV	Aptera Motors Corp	Held	49,029	0	$129,926	−38.2%	0.00%
FSP	Franklin Street Properties Corp /Ma/ Real Estate	Held	201,311	0	$132,865	−30.5%	0.00%
AMPL	Amplitude, Inc. Technology	Added	19,932	+8,553	$135,936	+3.2%	0.00%
CBUS	Cibus, Inc. Healthcare	NEW	69,114	NEW	$136,845	NEW	0.00%
GDYN	Grid Dynamics Holdings, Inc. Technology	NEW	24,057	NEW	$137,124	NEW	0.00%
OSPN	OneSpan Inc. Technology	NEW	13,217	NEW	$139,175	NEW	0.00%
PGEN	Precigen, Inc. Healthcare	Added	36,103	+5,746	$139,718	+10.1%	0.00%
SEMR	SEMrush Holdings, Inc. Technology	NEW	11,842	NEW	$141,393	NEW	0.00%
CXM	Sprinklr, Inc. Technology	NEW	23,717	NEW	$142,302	NEW	0.00%
AVPT	AvePoint, Inc. Technology	NEW	15,071	NEW	$143,325	NEW	0.00%
PSO	Pearson PLC Communication Services	NEW	10,972	NEW	$144,062	NEW	0.00%
CLVT	Clarivate PLC Technology	Added	57,518	+12,318	$145,520	−3.6%	0.00%
RIOT	Riot Platforms, Inc. Financial Services	NEW	12,062	NEW	$149,086	NEW	0.00%