Summit Trail Advisors
NEW YORK, NYfiles as Summit Trail Advisors, LLC
$7.9bn in 1,471 US stocks at the end of 30 June 2026. The top 10 are 33.4% of the money. It changed about 8.5% of the portfolio this quarter.
Value
$7.9bn
Stocks
1,471
Top 10 share
33.4%
Turnover
8.5%
What changed this quarter
New
Bought for the first time this quarter.
- Vanguard Scottsdale FDSVONE0.9% of the fund
- Invesco Exchange Traded FD TRSPH0.3% of the fund
- Wise GroupWSE0.1% of the fund
- CoreWeaveCRWV<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- PJT PartnersPJT<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- Sprott Asset Management LPPHYS<0.1% of the fund
- MakeMyTripMMYT<0.1% of the fund
- Central BancompanyCBC<0.1% of the fund
- Vaneck ETF TrustANGL<0.1% of the fund
- Burke & Herbert Financial ServicesBHRB<0.1% of the fund
- CourseraCOUR<0.1% of the fund
- WingstopWING<0.1% of the fund
- FS KKR CapitalFSK<0.1% of the fund
- Invesco Exch Traded FD TR IIQQQM<0.1% of the fund
- Hut 8HUT<0.1% of the fund
- Ishares TRIEV<0.1% of the fund
- FS Specialty Lending FundFSSL<0.1% of the fund
- Corebridge FinancialCRBG<0.1% of the fund
- Advisorshares TRMSOS<0.1% of the fund
- Pilgrims PridePPC<0.1% of the fund
Added
Bought more of a stock they already held.
- Wisdomtree TRUSFR7.2% of the fund+14%
- Invesco Exchange Traded FD TRSP2.1% of the fund+8%
- MicrosoftMSFT1.5% of the fund+13%
- Amazon.comAMZN1.1% of the fund+3%
- Ishares TRAGG0.7% of the fund+3%
- Invesco Exchange Traded FD TRSPT0.5% of the fund+7%
- Vanguard Index FDSVTI0.5% of the fund+14%
- Eli LillyLLY0.4% of the fund+2%
- Advanced Micro DevicesAMD0.4% of the fund+3%
- Ishares TRIVV0.4% of the fund+12%
- IntelINTC0.3% of the fund+3%
- Costco WholesaleCOST0.2% of the fund+2%
- VisaV0.2% of the fund+6%
- AbbVieABBV0.2% of the fund+4%
- Ishares TRIEFA0.2% of the fund+2%
- Invesco QQQ TRQQQ0.2% of the fund+9%
- UnitedHealth GroupUNH0.2% of the fund+14%
- Select Sector Spdr TRXLI0.2% of the fund+2%
- Vanguard Index FDSVO0.1% of the fund+6%
- American ExpressAXP0.1% of the fund+6%
- MerckMRK0.1% of the fund+2%
- Coca-ColaKO0.1% of the fund+25%
- Procter & GamblePG0.1% of the fund+9%
- OracleORCL0.1% of the fund+7%
- Wells Fargo & CompanyWFC0.1% of the fund+8%
Cut
Sold some of their stake.
- Vanguard Index FDSVOO8.2% of the fund-10%
- Vanguard Tax-Managed FDSVEA2.2% of the fund-5%
- AmphenolAPH1.6% of the fund-3%
- Expeditors International of WashingtonEXPD0.9% of the fund-6%
- Ishares TRIWM0.8% of the fund-12%
- Meta PlatformsMETA0.8% of the fund-5%
- Micron TechnologyMU0.6% of the fund-5%
- Vanguard Scottsdale FDSVGIT0.6% of the fund-2%
- SandiskSNDK0.4% of the fund-4%
- CrowdStrike HoldingsCRWD0.3% of the fund-4%
- OktaOKTA0.3% of the fund-14%
- DatadogDDOG0.3% of the fund-3%
- Western DigitalWDC0.3% of the fund-18%
- Arista NetworksANET0.3% of the fund-7%
- Vanguard Intl Equity Index FVT0.3% of the fund-26%
- Lam ResearchLRCX0.3% of the fund-5%
- Goldman Sachs GroupGS0.3% of the fund-4%
- Ishares TRISHG0.2% of the fund-73%
- Charles SchwabSCHW0.2% of the fund-3%
- Spdr Series TrustSPMD0.2% of the fund-7%
- Ishares TRIWF0.2% of the fund-8%
- J P Morgan Exchange Traded FBBJP0.2% of the fund-18%
- KLAKLAC0.2% of the fund-2%
- RTXRTX0.2% of the fund-3%
- ChevronCVX0.2% of the fund-3%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Carnival-100%
- Broadcom-100%
- DuPont de NemoursDD-100%
- Air Lease-100%
- Hologic-100%
- Sealed Air Corp New-100%
- Coterra EnergyCTRA-100%
- Callaway GolfCALY-100%
- Clearway EnergyCWEN-100%
- First Commonwealth FinancialFCF-100%
- Apellis Pharmaceuticals-100%
- VS TrustSVIX-100%
- Ishares Gold Trust MicroIAUM-100%
- Blackrock Muniyield Michigan Quality FundMIY-100%
- Udemy-100%
- Blackrock Muniholdings New Jersey Quality FundMUJ-100%
- Invesco Exch TRD SLF IDX FDBSMW-100%
- Masimo-100%
- Twenty One CapitalXXI-100%
- Vanguard World FDVCR-100%
- Advisors SER TRKAT-100%
- Ares CapitalARCC-100%
- Grayscale Bitcoin Trust ETFGBTC-100%
- Ryanair HoldingsRYAAY-100%
Holdings
- Vanguard Index FDSVOO
- Share
- 8.2%
- Value
- $649m
- Shares
- 944,467
-10%
- Wisdomtree TRUSFR
- Share
- 7.2%
- Value
- $568m
- Shares
- 11,284,922
+14%
- Vanguard Tax-Managed FDSVEA
- Share
- 2.2%
- Value
- $172m
- Shares
- 2,413,619
-5%
- Invesco Exchange Traded FD TRSP
- Share
- 2.1%
- Value
- $166m
- Shares
- 780,301
+8%
- Vanguard Intl Equity Index FVWO
- Share
- 1.4%
- Value
- $111m
- Shares
- 1,867,688
Held
- Vanguard Scottsdale FDSVONE
- Share
- 0.9%
- Value
- $72m
- Shares
- 212,940
New
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.9%
- Value
- $68m
- Shares
- 90,708
Held
- Ishares TRIWM
- Share
- 0.8%
- Value
- $67m
- Shares
- 221,433
-12%
- Invesco Exchange Traded FD TPPA
- Share
- 0.7%
- Value
- $58m
- Shares
- 329,916
Held
- Ishares TRAGG
- Share
- 0.7%
- Value
- $54m
- Shares
- 549,204
+3%
- Invesco Exch Traded FD TR IIKBWB
- Share
- 0.6%
- Value
- $50m
- Shares
- 540,360
Held
- Vanguard Scottsdale FDSVGIT
- Share
- 0.6%
- Value
- $46m
- Shares
- 785,893
-2%
- Invesco Exchange Traded FD TRSPT
- Share
- 0.5%
- Value
- $39m
- Shares
- 605,866
+7%
- Vanguard Index FDSVTI
- Share
- 0.5%
- Value
- $37m
- Shares
- 100,353
+14%
- Ishares TREFA
- Share
- 0.4%
- Value
- $31m
- Shares
- 303,165
Held
- Ishares TRIVV
- Share
- 0.4%
- Value
- $29m
- Shares
- 38,885
+12%
- Vanguard Index FDSVB
- Share
- 0.3%
- Value
- $27m
- Shares
- 87,486
Held
- Ishares Gold TRIAU
- Share
- 0.3%
- Value
- $25m
- Shares
- 336,707
Held
- Kraneshares TrustKCCA
- Share
- 0.3%
- Value
- $24m
- Shares
- 1,413,501
Held
- Vanguard Intl Equity Index FVT
- Share
- 0.3%
- Value
- $23m
- Shares
- 144,882
-26%
- Invesco Exchange Traded FD TRSPH
- Share
- 0.3%
- Value
- $21m
- Shares
- 645,280
New
- Ishares TRISHG
- Share
- 0.2%
- Value
- $20m
- Shares
- 265,634
-73%
- Ishares TREFV
- Share
- 0.2%
- Value
- $18m
- Shares
- 238,568
Held
- Spdr Series TrustSPMD
- Share
- 0.2%
- Value
- $17m
- Shares
- 255,712
-7%
- Ishares TRIWF
- Share
- 0.2%
- Value
- $17m
- Shares
- 133,199
-8%
- Ishares TRIEFA
- Share
- 0.2%
- Value
- $16m
- Shares
- 168,425
+2%
- J P Morgan Exchange Traded FBBJP
- Share
- 0.2%
- Value
- $15m
- Shares
- 203,682
-18%
- Ishares TRIJR
- Share
- 0.2%
- Value
- $15m
- Shares
- 101,397
Held
- Invesco QQQ TRQQQ
- Share
- 0.2%
- Value
- $14m
- Shares
- 19,552
+9%
- Select Sector Spdr TRXLI
- Share
- 0.2%
- Value
- $13m
- Shares
- 68,481
+2%
- Schwab Strategic TRSCHB
- Share
- 0.2%
- Value
- $12m
- Shares
- 431,410
-5%
- Vanguard Index FDSVO
- Share
- 0.1%
- Value
- $11m
- Shares
- 136,774
+6%
- Ishares TRIWP
- Share
- 0.1%
- Value
- $11m
- Shares
- 72,674
Held
- Ishares TRIWR
- Share
- 0.1%
- Value
- $11m
- Shares
- 95,682
-10%
- Ishares TRSTIP
- Share
- 0.1%
- Value
- $10m
- Shares
- 95,428
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVOO | 8.2% | $649m | 944,467 | -10% |
| Wisdomtree TRUSFR | 7.2% | $568m | 11,284,922 | +14% |
| BroadcomAVGO | 3.6% | $288m | 761,224 | Held |
| AppleAAPL | 2.6% | $208m | 718,259 | Held |
| Vanguard Tax-Managed FDSVEA | 2.2% | $172m | 2,413,619 | -5% |
| NvidiaNVDA | 2.1% | $169m | 844,790 | Held |
| AlphabetGOOGL | 2.1% | $166m | 465,896 | Held |
| Invesco Exchange Traded FD TRSP | 2.1% | $166m | 780,301 | +8% |
| AlphabetGOOG | 1.8% | $143m | 403,486 | Held |
| Ollie's Bargain Outlet HoldingsOLLI | 1.6% | $124m | 1,612,868 | Held |
| AmphenolAPH | 1.6% | $123m | 698,762 | -3% |
| MicrosoftMSFT | 1.5% | $123m | 329,333 | +13% |
| Vanguard Intl Equity Index FVWO | 1.4% | $111m | 1,867,688 | Held |
| dLocalDLO | 1.3% | $100m | 7,679,330 | Held |
| Amazon.comAMZN | 1.1% | $91m | 382,812 | +3% |
| Expeditors International of WashingtonEXPD | 0.9% | $74m | 456,248 | -6% |
| Vanguard Scottsdale FDSVONE | 0.9% | $72m | 212,940 | New |
| State STR Spdr S&P 500 ETF TSPY | 0.9% | $68m | 90,708 | Held |
| Ishares TRIWM | 0.8% | $67m | 221,433 | -12% |
| Meta PlatformsMETA | 0.8% | $63m | 111,019 | -5% |
| Invesco Exchange Traded FD TPPA | 0.7% | $58m | 329,916 | Held |
| Ishares TRAGG | 0.7% | $54m | 549,204 | +3% |
| Invesco Exch Traded FD TR IIKBWB | 0.6% | $50m | 540,360 | Held |
| Micron TechnologyMU | 0.6% | $50m | 43,347 | -5% |
| Vanguard Scottsdale FDSVGIT | 0.6% | $46m | 785,893 | -2% |
| JPMorgan ChaseJPM | 0.6% | $45m | 137,531 | Held |
| CaterpillarCAT | 0.5% | $43m | 40,488 | Held |
| TeslaTSLA | 0.5% | $43m | 101,456 | Held |
| Palantir TechnologiesPLTR | 0.5% | $42m | 358,523 | Held |
| Berkshire HathawayBRK-B | 0.5% | $42m | 83,243 | Held |
| Invesco Exchange Traded FD TRSPT | 0.5% | $39m | 605,866 | +7% |
| Vanguard Index FDSVTI | 0.5% | $37m | 100,353 | +14% |
| Eli LillyLLY | 0.4% | $35m | 29,075 | +2% |
| Ishares TREFA | 0.4% | $31m | 303,165 | Held |
| Advanced Micro DevicesAMD | 0.4% | $31m | 52,964 | +3% |
| AonAON | 0.4% | $30m | 89,714 | Held |
| Ishares TRIVV | 0.4% | $29m | 38,885 | +12% |
| SandiskSNDK | 0.4% | $28m | 12,382 | -4% |
| CrowdStrike HoldingsCRWD | 0.3% | $27m | 35,660 | -4% |
| Vanguard Index FDSVB | 0.3% | $27m | 87,486 | Held |
| Star Group, L.P.SGU | 0.3% | $26m | 2,030,000 | Held |
| Johnson & JohnsonJNJ | 0.3% | $26m | 102,279 | Held |
| OktaOKTA | 0.3% | $26m | 188,737 | -14% |
| DatadogDDOG | 0.3% | $26m | 98,462 | -3% |
| Ishares Gold TRIAU | 0.3% | $25m | 336,707 | Held |
| Western DigitalWDC | 0.3% | $25m | 38,623 | -18% |
| Kraneshares TrustKCCA | 0.3% | $24m | 1,413,501 | Held |
| Arista NetworksANET | 0.3% | $24m | 141,213 | -7% |
| Vanguard Intl Equity Index FVT | 0.3% | $23m | 144,882 | -26% |
| Erie IndemnityERIE | 0.3% | $22m | 92,804 | Held |
| Lam ResearchLRCX | 0.3% | $22m | 50,141 | -5% |
| Invesco Exchange Traded FD TRSPH | 0.3% | $21m | 645,280 | New |
| IntelINTC | 0.3% | $21m | 149,155 | +3% |
| Apollo Global ManagementAPO | 0.3% | $20m | 172,955 | Held |
| Hims & Hers HealthHIMS | 0.3% | $20m | 581,140 | Held |
| Goldman Sachs GroupGS | 0.3% | $20m | 19,730 | -4% |
| ExxonMobil HoldingsXOM | 0.2% | $20m | 144,338 | Held |
| Ishares TRISHG | 0.2% | $20m | 265,634 | -73% |
| Costco WholesaleCOST | 0.2% | $19m | 20,134 | +2% |
| VisaV | 0.2% | $19m | 54,845 | +6% |
| Charles SchwabSCHW | 0.2% | $19m | 203,416 | -3% |
| Cisco SystemsCSCO | 0.2% | $19m | 158,180 | Held |
| Ishares TREFV | 0.2% | $18m | 238,568 | Held |
| Applied MaterialsAMAT | 0.2% | $18m | 24,445 | Held |
| WalmartWMT | 0.2% | $17m | 153,913 | Held |
| Spdr Series TrustSPMD | 0.2% | $17m | 255,712 | -7% |
| AbbVieABBV | 0.2% | $17m | 66,840 | +4% |
| Ishares TRIWF | 0.2% | $17m | 133,199 | -8% |
| Ishares TRIEFA | 0.2% | $16m | 168,425 | +2% |
| J P Morgan Exchange Traded FBBJP | 0.2% | $15m | 203,682 | -18% |
| Ishares TRIJR | 0.2% | $15m | 101,397 | Held |
| Bank of AmericaBAC | 0.2% | $15m | 255,744 | Held |
| KLAKLAC | 0.2% | $15m | 48,097 | -2% |
| Invesco QQQ TRQQQ | 0.2% | $14m | 19,552 | +9% |
| RTXRTX | 0.2% | $14m | 75,758 | -3% |
| UnitedHealth GroupUNH | 0.2% | $14m | 33,330 | +14% |
| General ElectricGE | 0.2% | $14m | 36,825 | Held |
| ChevronCVX | 0.2% | $14m | 81,508 | -3% |
| MastercardMA | 0.2% | $13m | 24,877 | Held |
| Select Sector Spdr TRXLI | 0.2% | $13m | 68,481 | +2% |
| Philip Morris InternationalPM | 0.2% | $13m | 69,913 | -6% |
| Home DepotHD | 0.2% | $13m | 35,498 | -4% |
| Schwab Strategic TRSCHB | 0.2% | $12m | 431,410 | -5% |
| CitigroupC | 0.2% | $12m | 88,283 | Held |
| GE VernovaGEV | 0.2% | $12m | 10,437 | Held |
| Vanguard Index FDSVO | 0.1% | $11m | 136,774 | +6% |
| American ExpressAXP | 0.1% | $11m | 32,452 | +6% |
| MerckMRK | 0.1% | $11m | 84,812 | +2% |
| Lockheed MartinLMT | 0.1% | $11m | 21,091 | Held |
| Coca-ColaKO | 0.1% | $11m | 131,855 | +25% |
| Ishares TRIWP | 0.1% | $11m | 72,674 | Held |
| Procter & GamblePG | 0.1% | $11m | 72,467 | +9% |
| Ishares TRIWR | 0.1% | $11m | 95,682 | -10% |
| OracleORCL | 0.1% | $10m | 71,098 | +7% |
| Uber TechnologiesUBER | 0.1% | $10m | 139,430 | -6% |
| Booking HoldingsBKNG | 0.1% | $10m | 55,882 | -6% |
| Wells Fargo & CompanyWFC | 0.1% | $10m | 118,282 | +8% |
| CorningGLW | 0.1% | $10m | 38,125 | -6% |
| Ishares TRSTIP | 0.1% | $10m | 95,428 | Held |
| Wise GroupWSE | 0.1% | $9m | 783,942 | New |
Showing the largest 100 of 1,471.
Options (3)
- Broadcom
- Type
- Call
- Value
- $6m
- Contracts
- 5,300
- Space Exploration Techn
- Type
- Put
- Value
- $235,000
- Contracts
- 70
- Space Exploration Techn
- Type
- Call
- Value
- $213,700
- Contracts
- 70
| Company | Type | Value | Contracts |
|---|---|---|---|
| Broadcom | Call | $6m | 5,300 |
| Space Exploration Techn | Put | $235,000 | 70 |
| Space Exploration Techn | Call | $213,700 | 70 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 36.3% since 30 June 2025.
Where the money is
Technology23.1%
Industrials7.9%
Financial services7.8%
Retail & consumer7.2%
Media & telecom5.7%
Health care4.5%
Everyday goods2.4%
Real estate1.6%
Materials1.4%
Energy1.4%
Utilities1.2%
Other35.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.