Summit Trail Advisors, LLC

Position in XELB — XCel Brands, Inc.

CIK 1698478 NEW YORK, NY

Position in XELB

as of Mar 31, 2026 · filed May 12, 2026 Compact

Position Value

$513,725

+$156,299 QoQ

Shares Held

331,436

+0.1% QoQ

Ownership

5.48%

of shares outstanding

% of Portfolio

0.01%

of 13F equity value

Holder Rank

of 8 holders

Holding Since

Mar 2025

5 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Consumer Cyclical · as of Mar 31, 2026

Summit Trail Advisors, LLC holds $9,736,575 across 6 Apparel Manufacturing names. XELB ranks #6 (5.3% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	RL	Ralph Lauren Corp	11,864	$4,081,097
2	PVH	Pvh Corp. /De/	22,316	$1,556,764
3	VFC	V F Corp	79,916	$1,357,772
4	COLM	Columbia Sportswear Co	24,066	$1,319,057
5	UAA	Under Armour, Inc.	153,665	$908,160
6	XELB	XCel Brands, Inc. This page	331,436	$513,725

5 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$513,725	331,436	+0.1%	Shares	Sole	2026-05-12
2025-12-31	$357,426	330,950	0.0%	Shares	Sole	2026-02-17
2025-09-30	$582,472	330,950	+40.1%	Shares	Sole	2025-11-14
2025-06-30	$427,612	236,250	+20.4%	Shares	Sole	2025-08-14
2025-03-31	$553,425	196,250	—	Shares	Sole	2025-04-28
No filing history on record for this holder in this stock.