Summit Trail Advisors, LLC
Filing Date
Global Rank
#732
/ 8,588
▲ 135
Top Industry
Semiconductors
10.6%
3Y Alpha vs SPY
+1.9%
Period ended 3 months ago
Filed May 12, 2026 · 36d
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
+85.0%
SPY
+76.8%
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
1,274 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% | $577,378,133 |
| Industrials | 11.7% | $520,471,137 |
| 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. | ||||
41 positions ·
$85,635,157 total
· Utilities 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
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NEE |
Nextera Energy Inc
Utilities
|
Added | 74,358 | $6,906,371 | 8.06% | |
| ED |
Consolidated Edison Inc
Utilities
|
Added | 47,179 | $5,339,719 | 6.24% | |
| DUK |
Duke Energy CORP
Utilities
|
Added | 31,877 | $4,173,974 | 4.87% | |
| XEL |
Xcel Energy Inc
Utilities
|
Added | 44,564 | $3,540,164 | 4.13% | |
| AEP |
American Electric Power Co Inc
Utilities
|
Added | 26,890 | $3,524,741 | 4.12% | |
| SO |
Southern Co
Utilities
|
Added | 36,308 | $3,504,448 | 4.09% | |
| CEG |
Constellation Energy Corp
Utilities
|
Added | 12,364 | $3,452,647 | 4.03% | |
| PEG |
Public Service Enterprise Group Inc
Utilities
|
Added | 37,399 | $3,027,449 | 3.54% | |
| ES |
Eversource Energy
Utilities
|
Added | 37,748 | $2,615,181 | 3.05% | |
| NRG |
Nrg Energy, Inc.
Utilities
|
Added | 17,435 | $2,547,950 | 2.98% | |
| EXC |
Exelon Corp
Utilities
|
Added | 51,106 | $2,505,216 | 2.93% | |
| WEC |
Wec Energy Group, Inc.
Utilities
|
Added | 20,161 | $2,334,038 | 2.73% | |
| D |
Dominion Energy, Inc
Utilities
|
Added | 36,972 | $2,285,609 | 2.67% | |
| IDA |
Idacorp Inc
Utilities
|
Added | 15,935 | $2,278,226 | 2.66% | |
| SRE |
Sempra
Utilities
|
Added | 21,451 | $2,084,393 | 2.43% | |
| AEE |
Ameren Corp
Utilities
|
Added | 18,721 | $2,057,812 | 2.40% | |
| ETR |
Entergy Corp /De/
Utilities
|
Reduced | 18,209 | $2,045,963 | 2.39% | |
| HE |
Hawaiian Electric Industries Inc
Utilities
|
Added | 130,148 | $1,931,396 | 2.26% | |
| ATO |
Atmos Energy Corp
Utilities
|
Added | 10,093 | $1,864,378 | 2.18% | |
| EVRG |
Evergy, Inc.
Utilities
|
Reduced | 22,610 | $1,852,211 | 2.16% | |
| CMS |
Cms Energy Corp
Utilities
|
Added | 23,589 | $1,830,034 | 2.14% | |
| VST |
Vistra Corp.
Utilities
|
Added | 11,919 | $1,791,783 | 2.09% | |
| LNT |
Alliant Energy Corp
Utilities
|
Added | 24,297 | $1,743,552 | 2.04% | |
| MDU |
Mdu Resources Group Inc
Utilities
|
Added | 78,102 | $1,618,273 | 1.89% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Added | 11,695 | $1,591,572 | 1.86% | |
| PNW |
Pinnacle West Capital Corp
Utilities
|
Added | 14,658 | $1,476,793 | 1.72% | |
| FE |
Firstenergy Corp
Utilities
|
Added | 27,755 | $1,406,068 | 1.64% | |
| DTE |
Dte Energy Co
Utilities
|
Reduced | 9,512 | $1,390,844 | 1.62% | |
| CNP |
Centerpoint Energy Inc
Utilities
|
Added | 31,576 | $1,362,820 | 1.59% | |
| NI |
Nisource Inc.
Utilities
|
Reduced | 27,883 | $1,301,020 | 1.52% | |
| OGE |
Oge Energy Corp.
Utilities
|
Added | 27,116 | $1,300,483 | 1.52% | |
| CWEN |
Clearway Energy, Inc.
Utilities
|
Added | 30,267 | $1,189,190 | 1.39% | |
| TLN |
Talen Energy Corp
Utilities
|
Added | 3,617 | $1,154,654 | 1.35% | |
| PPL |
PPL Corp
Utilities
|
Added | 29,924 | $1,143,096 | 1.33% | |
| UGI |
Ugi Corp /Pa/
Utilities
|
Added | 28,335 | $1,031,960 | 1.21% | |
| AES |
Aes Corp
Utilities
|
Added | 71,799 | $1,011,647 | 1.18% | |
| WTRG |
Essential Utilities, Inc.
Utilities
|
Added | 18,797 | $756,955 | 0.88% | |
| NGG |
National Grid PLC
Utilities
|
NEW | 8,823 | $746,425 | 0.87% | |
| EIX |
Edison International
Utilities
|
Added | 10,086 | $738,093 | 0.86% | |
| PCG |
PG&E Corp
Utilities
|
Added | 38,973 | $684,755 | 0.80% | |
| BEPC |
Brookfield Renewable Corp
Utilities
|
Reduced | 12,384 | $493,254 | 0.58% |