Summit Trail Advisors, LLC
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 · 32d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+84.6%
SPY
+76.5%
Annualised alpha
+1.8%
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, 2025Top 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 |
|---|---|---|
| Technology | 32.3% | $1,436,861,056 |
| Financial Services | 13.0% | $575,708,444 |
| Industrials | 11.7% | $520,262,485 |
| Consumer Cyclical | 9.2% | $407,745,787 |
| Consumer Defensive | 7.5% | $334,904,624 |
| Healthcare | 7.2% | $321,975,166 |
| Communication Services | 6.7% | $299,409,799 |
| Energy | 3.4% | $152,818,205 |
| Unclassified | 2.6% | $114,235,855 |
| Real Estate | 2.4% | $108,345,781 |
| Basic Materials | 2.0% | $86,761,535 |
| Utilities | 1.9% | $85,635,157 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
71 positions ·
$108,345,781 total
· Real Estate only
· 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 71 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPG |
Simon Property Group Inc.
Real Estate
|
Reduced | 30,279 | $5,647,941 | 5.21% | |
| WY |
Weyerhaeuser Co
Real Estate
|
Added | 188,379 | $4,602,098 | 4.25% | |
| PLD |
Prologis, Inc.
Real Estate
|
Added | 26,315 | $3,478,316 | 3.21% | |
| WELL |
Welltower Inc.
Real Estate
|
Added | 16,574 | $3,276,845 | 3.02% | |
| OHI |
Omega Healthcare Investors Inc
Real Estate
|
Added | 68,734 | $3,011,923 | 2.78% | |
| AMT |
American Tower Corp /Ma/
Real Estate
|
Added | 16,128 | $2,783,370 | 2.57% | |
| EPR |
Epr Properties
Real Estate
|
Added | 53,063 | $2,651,027 | 2.45% | |
| EGP |
Eastgroup Properties Inc
Real Estate
|
Added | 14,061 | $2,602,550 | 2.40% | |
| DLR |
Digital Realty Trust, Inc.
Real Estate
|
Reduced | 13,586 | $2,448,333 | 2.26% | |
| LAMR |
Lamar Advertising Co/New
Real Estate
|
Added | 18,967 | $2,402,360 | 2.22% | |
| ESS |
Essex Property Trust, Inc.
Real Estate
|
Added | 9,185 | $2,222,770 | 2.05% | |
| FR |
First Industrial Realty Trust Inc
Real Estate
|
Added | 38,357 | $2,218,952 | 2.05% | |
| RYN |
Rayonier Inc
Real Estate
|
Added | 102,474 | $2,113,013 | 1.95% | |
| CCI |
Crown Castle Inc.
Real Estate
|
Added | 25,968 | $2,111,458 | 1.95% | |
| HST |
Host Hotels & Resorts, Inc.
Real Estate
|
Added | 107,417 | $2,058,109 | 1.90% | |
| PSA |
Public Storage
Real Estate
|
Added | 7,474 | $2,024,557 | 1.87% | |
| NNN |
Nnn REIT, Inc.
Real Estate
|
Added | 48,169 | $2,024,543 | 1.87% | |
| GLPI |
Gaming & Leisure Properties, Inc.
Real Estate
|
Added | 43,595 | $1,934,310 | 1.79% | |
| COLD |
Americold Realty Trust
Real Estate
|
Added | 165,020 | $1,891,129 | 1.75% | |
| VNO |
Vornado Realty Trust
Real Estate
|
Added | 71,304 | $1,853,190 | 1.71% | |
| EQIX |
Equinix Inc
Real Estate
|
Reduced | 1,886 | $1,848,732 | 1.71% | |
| CUZ |
Cousins Properties Inc
Real Estate
|
Added | 80,029 | $1,806,254 | 1.67% | |
| SBAC |
Sba Communications Corp
Real Estate
|
Reduced | 10,392 | $1,788,567 | 1.65% | |
| IRM |
Iron Mountain Inc
Real Estate
|
Added | 17,438 | $1,781,117 | 1.64% | |
| INVH |
Invitation Homes Inc.
Real Estate
|
Added | 71,308 | $1,772,003 | 1.64% | |
| EQR |
Equity Residential
Real Estate
|
Added | 29,767 | $1,760,718 | 1.63% | |
| O |
Realty Income Corp
Real Estate
|
Added | 28,376 | $1,736,043 | 1.60% | |
| EXR |
Extra Space Storage Inc.
Real Estate
|
Added | 12,974 | $1,701,280 | 1.57% | |
| UDR |
UDR, Inc.
Real Estate
|
Added | 47,398 | $1,601,104 | 1.48% | |
| VTR |
Ventas, Inc.
Real Estate
|
Added | 19,508 | $1,595,364 | 1.47% | |
| FRT |
Federal Realty Investment Trust
Real Estate
|
Added | 14,886 | $1,581,042 | 1.46% | |
| WPC |
W. P. Carey Inc.
Real Estate
|
Added | 22,659 | $1,539,905 | 1.42% | |
| KIM |
Kimco Realty Corp
Real Estate
|
Added | 68,237 | $1,533,285 | 1.42% | |
| VICI |
Vici Properties Inc.
Real Estate
|
Added | 55,473 | $1,515,522 | 1.40% | |
| AVB |
Avalonbay Communities Inc
Real Estate
|
Added | 9,050 | $1,478,317 | 1.36% | |
| CBRE |
Cbre Group, Inc.
Real Estate
|
Added | 10,540 | $1,427,748 | 1.32% | |
| CUBE |
CubeSmart
Real Estate
|
Added | 37,851 | $1,387,239 | 1.28% | |
| NSA |
National Storage Affiliates Trust
Real Estate
|
Reduced | 35,905 | $1,355,054 | 1.25% | |
| HIW |
Highwoods Properties, Inc.
Real Estate
|
Added | 62,588 | $1,340,009 | 1.24% | |
| DEI |
Douglas Emmett Inc
Real Estate
|
Added | 141,957 | $1,337,234 | 1.23% | |
| SLG |
Sl Green Realty Corp
Real Estate
|
Added | 35,706 | $1,318,979 | 1.22% | |
| ARE |
Alexandria Real Estate Equities, Inc.
Real Estate
|
Added | 27,780 | $1,289,547 | 1.19% | |
| PK |
Park Hotels & Resorts Inc.
Real Estate
|
Added | 118,651 | $1,249,395 | 1.15% | |
| MAA |
Mid America Apartment Communities Inc.
Real Estate
|
Added | 10,051 | $1,227,428 | 1.13% | |
| BRX |
Brixmor Property Group Inc.
Real Estate
|
Added | 41,840 | $1,204,992 | 1.11% | |
| SUI |
Sun Communities Inc
Real Estate
|
Reduced | 9,156 | $1,153,289 | 1.06% | |
| KRC |
Kilroy Realty Corp
Real Estate
|
Reduced | 40,243 | $1,135,255 | 1.05% | |
| AMH |
American Homes 4 Rent
Real Estate
|
Added | 39,520 | $1,103,398 | 1.02% | |
| REG |
Regency Centers Corp
Real Estate
|
Added | 14,436 | $1,092,227 | 1.01% | |
| CPT |
Camden Property Trust
Real Estate
|
Reduced | 10,674 | $1,042,422 | 0.96% |