Skip to main content
Livermore
Livermore
ZHEN

Summit Trail Advisors, LLC

SEC CIK
0001698478
Latest filing
Aug 11, 2026

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Jan 29, 2025. Long positions only; changes compare share counts with Q3 2024.

Institution overview
Positions
390
−329 vs. Q3 2024
Portfolio value
$2.71B
−$1.32B (−32.8%) vs. Q3 2024
Filed
Jan 29, 2025
SEC
Holdings of Summit Trail Advisors, LLC in Q4 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
VRTXVertex Pharmaceuticals IncStock4,409$1.78M0.1%+1,145+35.1%AddedHistory
CBChubb LtdStock6,625$1.84M0.1%+299+4.7%AddedHistory
QXOQXO, Inc.COM NEW115,967$1.84M0.1%+1,497+1.3%AddedHistory
TENBTenable Holdings, Inc.COM48,977$1.93M0.1%+57+0.1%AddedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF58,231$1.99M0.1%+608+1.1%Added–
ACGLArch Capital Group Ltd.Stock22,486$2.08M0.1%+9,723+76.2%AddedHistory
ETNEaton Corp plcStock6,321$2.10M0.1%+1,242+24.5%AddedHistory
VanEck Morningstar Wide Moat ETF92189F643ETF23,203$2.15M0.1%+23,203New–
State Street Utilities Select Sector SPDR ETF81369Y886ETF28,951$2.19M0.1%−108,001−78.9%Reduced–
First Tr Exchange-Traded FD33738D101NO AMER ENERGY61,712$2.20M0.1%+35,393+134.5%Added–
iShares MSCI USA Min Vol Factor ETF46429B697ETF25,907$2.30M0.1%00.0%Unchanged–
NEENextera Energy IncStock32,407$2.32M0.1%+5,936+22.4%AddedHistory
PATHUiPath, Inc.Stock190,311$2.42M0.1%−194,549−50.6%ReducedHistory
First Tr Exchange-Traded FD33739Q804ENERGY INM PARTN99,142$2.43M0.1%+22,286+29.0%Added–
State Street Technology Select Sector SPDR ETF81369Y803ETF10,532$2.45M0.1%+465+4.6%Added–
DOCSDoximity, Inc.CL A45,907$2.45M0.1%−4,663−9.2%ReducedHistory
CMCSAComcast CorpStock65,915$2.47M0.1%+7,851+13.5%AddedHistory
SPGIS&P Global Inc.Stock5,050$2.52M0.1%+1,636+47.9%AddedHistory
COPConocoPhillipsStock26,126$2.59M0.1%+2,056+8.5%AddedHistory
MPCMarathon Petroleum CorpStock18,937$2.64M0.1%+4,508+31.2%AddedHistory
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF11,908$2.67M0.1%+7+0.1%Added–
NOWServiceNow, Inc.Stock2,646$2.81M0.1%+420+18.9%AddedHistory
WOOFPetco Health & Wellness Company, Inc.CL A COM750,691$2.86M0.1%−3,757−0.5%ReducedHistory
BLKBlackRock, Inc.Stock2,944$3.02M0.1%+477+19.3%AddedHistory
GSGoldman Sachs Group IncStock5,354$3.07M0.1%+1,882+54.2%AddedHistory
WisdomTree Tr97717X669US QTLY DIV GRT38,837$3.14M0.1%+21,342+122.0%Added–
ADBEAdobe Inc.Stock7,136$3.17M0.1%+77+1.1%AddedHistory
ACNAccenture plcStock9,754$3.43M0.1%+3,572+57.8%AddedHistory
ISRGIntuitive Surgical IncCOM NEW6,602$3.45M0.1%+1,150+21.1%AddedHistory
RAMPLiveRamp Holdings, Inc.COM115,924$3.52M0.1%+625+0.5%AddedHistory
BXBlackstone Inc.COM21,053$3.63M0.1%+6,707+46.8%AddedHistory
SSentinelOne, Inc.CL A170,079$3.78M0.1%+170,079NewHistory
LINLinde PLCStock9,023$3.78M0.1%+506+5.9%AddedHistory
DVADavita Inc.COM25,416$3.80M0.1%+2,107+9.0%AddedHistory
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF49,543$3.89M0.1%−249−0.5%Reduced–
iShares Core MSCI Emerging Markets ETF46434G103ETF79,128$4.13M0.2%+68,092+617.0%Added–
ORCLOracle CorpStock25,172$4.19M0.2%+4,831+23.8%AddedHistory
VZVerizon Communications IncStock105,702$4.23M0.2%+16,349+18.3%AddedHistory
SOFISoFi Technologies, Inc.Stock277,535$4.27M0.2%−2,929−1.0%ReducedHistory
iShares Tr46429B7470-5 YR TIPS ETF43,949$4.42M0.2%+43,949New–
PTONPeloton Interactive, Inc.CL A COM510,775$4.44M0.2%+358+0.1%AddedHistory
TAT&T Inc.Stock196,060$4.46M0.2%+26,126+15.4%AddedHistory
JPMorgan Ultra-Short Income ETF46641Q837ETF94,991$4.80M0.2%+89,020+1,490.9%Added–
Vanguard Information Technology ETF92204A702ETF8,069$5.02M0.2%+517+6.8%Added–
JDJD.com, Inc.SPON ADS CL A144,740$5.02M0.2%+80+0.1%AddedHistory
IBITiShares Bitcoin Trust ETFETF94,693$5.02M0.2%+22,021+30.3%AddedHistory
GLDSPDR Gold TrustETF21,066$5.10M0.2%+73+0.3%AddedHistory
CSCOCisco Systems, Inc.Stock88,046$5.21M0.2%+12,247+16.2%AddedHistory
ABBVAbbVie Inc.Stock29,476$5.24M0.2%+5,053+20.7%AddedHistory
MOAltria Group, Inc.Stock104,440$5.57M0.2%−2,791−2.6%ReducedHistory
MRKMerck & Co., Inc.Stock56,022$5.62M0.2%+21,148+60.6%AddedHistory
BKNGBooking Holdings Inc.Stock1,131$5.62M0.2%+189+20.1%AddedHistory
NFLXNetflix IncStock6,703$5.97M0.2%+1,552+30.1%AddedHistory
DASHDoorDash, Inc.Stock41,217$6.91M0.3%+2,487+6.4%AddedHistory
XOMExxonMobil Holdings CorpCOM68,874$7.41M0.3%+19,705+40.1%AddedHistory
UNHUnitedHealth Group IncStock16,003$8.10M0.3%+2,372+17.4%AddedHistory
UBERUber Technologies, IncStock136,166$8.21M0.3%+73,027+115.7%AddedHistory
VVisa Inc.Stock26,977$8.53M0.3%+6,350+30.8%AddedHistory
COSTCostco Wholesale CorpStock9,370$8.59M0.3%+2,797+42.6%AddedHistory
MAMastercard IncStock18,201$9.58M0.4%+1,863+11.4%AddedHistory
WisdomTree Tr97717Y691CLOUD COMPUTNG255,743$9.60M0.4%+49,719+24.1%Added–
WisdomTree Tr97717W422INDIA ERNGS FD214,606$9.72M0.4%+15,674+7.9%Added–
DLOdLocal LtdCLASS A COM940,820$10.6M0.4%00.0%UnchangedHistory
iShares Core MSCI Eafe ETF46432F842ETF158,726$11.2M0.4%+106,099+201.6%Added–
MNDYmonday.com Ltd.SHS50,413$11.9M0.4%−1,994−3.8%ReducedHistory
COINCoinbase Global, Inc.COM CL A57,351$14.2M0.5%−8,168−12.5%ReducedHistory
CRMSalesforce, Inc.Stock45,388$15.2M0.6%+2,647+6.2%AddedHistory
TSLATesla, Inc.Stock38,066$15.4M0.6%+11,320+42.3%AddedHistory
METAMeta Platforms, Inc.Stock29,710$17.4M0.6%+7,711+35.1%AddedHistory
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF338,503$18.5M0.7%+71,200+26.6%Added–
DDOGDatadog, Inc.CL A COM137,502$19.6M0.7%+502+0.4%AddedHistory
Invesco Exch Traded FD Tr II46138E628KBW BK ETF306,642$20.0M0.7%+306,642New–
ARAntero Resources CorpCOM581,165$20.4M0.8%+890.0%AddedHistory
JPMJPMorgan Chase & CoStock89,722$21.5M0.8%+10,879+13.8%AddedHistory
CRWDCrowdStrike Holdings, Inc.Stock72,455$24.8M0.9%+985+1.4%AddedHistory
PLTRPalantir Technologies Inc.Stock352,011$26.6M1.0%−27,694−7.3%ReducedHistory
APOApollo Global Management, Inc.COM162,404$26.8M1.0%−1,013−0.6%ReducedHistory
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS504,019$29.3M1.1%+413,153+454.7%Added–
State Street Health Care Select Sector SPDR ETF81369Y209ETF230,587$31.7M1.2%−158,753−40.8%Reduced–
GOOGLAlphabet Inc.Stock171,151$32.4M1.2%+27,027+18.8%AddedHistory
AONAon plcCL A113,066$40.6M1.5%−33,192−22.7%ReducedHistory
NVDANVIDIA CorpStock312,177$41.9M1.5%+102,182+48.7%AddedHistory
GOOGAlphabet Inc.Stock221,255$42.1M1.6%+19,828+9.8%AddedHistory
SPYSPDR S&P 500 ETF TrustETF78,000$45.9M1.7%+3,007+4.0%AddedHistory
Invesco Exchange Traded FD T46137V100AEROSPACE DEFN538,504$61.8M2.3%+5,927+1.1%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF349,459$62.2M2.3%+14,398+4.3%Added–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT819,821$143.7M5.3%+82,537+11.2%Added–
AVGOBroadcom Inc.Stock677,992$157.2M5.8%+11,370+1.7%AddedHistory
Vanguard Scottsdale FDS92206C706INTER TERM TREAS3,791,839$219.9M8.1%−200,712−5.0%Reduced–
WisdomTree Tr97717Y527FLOATNG RAT TREA21,845,010$1.10B40.6%+4,151,073+23.5%Added–

Sold out since Q3 2024 (416)

Positions held at the end of Q3 2024 that are gone from this filing.

The largest 100 of 416 by value last quarter.

Positions of Summit Trail Advisors, LLC sold out since Q3 2024
SecurityClassShares in Q3 2024Value in Q3 2024% of portfolio in Q3 2024History
Vanguard S&P 500 ETF922908363ETF895,784$474.1M11.8%–
iShares Core U.S. Aggregate Bond ETF464287226ETF1,673,721$169.5M4.2%–
Vanguard Ftse Emerging Markets ETF922042858ETF1,687,101$80.7M2.0%–
AAPLApple Inc.Stock317,612$74.0M1.8%History
Vanguard Ftse Developed Markets ETF921943858ETF1,268,643$67.0M1.7%–
MSFTMicrosoft CorpStock124,178$53.4M1.3%History
iShares Russell 1000 Growth ETF464287614ETF142,216$53.4M1.3%–
EXPDExpeditors International of Washington IncCOM370,993$48.7M1.2%History
Vanguard Morningstar Total Stock Market ETF922908769ETF120,776$34.3M0.9%–
Kraneshares Tr500767553CALIFORNIA CARB1,555,928$33.5M0.8%–
Vanguard Total Bond Market ETF921937835ETF380,895$28.6M0.7%–
iShares MSCI Eafe ETF464287465ETF341,991$28.6M0.7%–
AMZNAmazon Com IncStock122,470$22.8M0.6%History
BRK.BBerkshire Hathaway IncStock37,865$17.4M0.4%History
iShares Russell 2000 ETF464287655ETF73,700$16.3M0.4%–
CATCaterpillar IncStock39,784$15.6M0.4%History
BILLBILL Holdings, Inc.Stock280,987$14.8M0.4%History
iShares Tr464288877EAFE VALUE ETF238,243$13.7M0.3%–
TNETTrinet Group, Inc.COM135,878$13.2M0.3%History
Vanguard Total World Stock ETF922042742ETF97,085$11.6M0.3%–
Invesco QQQ Trust Series I46090E103ETF22,809$11.1M0.3%–
iShares Core S&P Small Cap ETF464287804ETF92,578$10.8M0.3%–
LMTLockheed Martin CorpStock17,931$10.5M0.3%History
IAUiShares Gold TrustETF183,389$9.11M0.2%History
JNJJohnson & JohnsonStock53,162$8.62M0.2%History
iShares Core S&P 500 ETF464287200ETF14,803$8.54M0.2%–
Vanguard Morningstar Large-Cap ETF922908637ETF29,458$7.78M0.2%–
HDHome Depot, Inc.Stock18,364$7.44M0.2%History
iShares Tr464287150CORE S&P TTL STK55,756$7.00M0.2%–
iShares Tr464287234MSCI EMG MKT ETF150,550$6.90M0.2%–
CVXChevron CorpStock46,015$6.78M0.2%History
LLYEli Lilly & CoStock7,549$6.69M0.2%History
HIMSHims & Hers Health, Inc.Stock358,652$6.61M0.2%History
Kraneshares Trust500767678GLOBAL CARB STRA196,178$6.21M0.2%–
Vanguard Dividend Appreciation ETF921908844ETF30,691$6.10M0.2%–
iShares Tr464287622RUS 1000 ETF18,549$5.83M0.1%–
PMPhilip Morris International Inc.Stock46,972$5.76M0.1%History
BACBank of America CorpStock139,480$5.53M0.1%History
iShares Tr464287689RUSSELL 3000 ETF15,077$4.93M0.1%–
BRK.ABerkshire Hathaway IncCL A7$4.84M0.1%History
iShares Core S&P Mid-Cap ETF464287507ETF72,675$4.53M0.1%–
SCHWSchwab Charles CorpStock67,351$4.37M0.1%History
Schwab US Tips ETF808524870ETF77,431$4.15M0.1%–
MDLZMondelez International, Inc.Stock50,994$3.78M0.1%History
iShares Russell Top 200 Growth ETF464289438ETF17,154$3.77M0.1%–
PEPPepsiCo IncStock22,056$3.75M0.1%History
ALLAllstate CorpStock19,573$3.73M0.1%History
iShares Inc464286426MSCI EM ASIA ETF47,331$3.71M0.1%–
AMDAdvanced Micro Devices IncStock22,466$3.69M0.1%History
WFCWells Fargo & CompanyStock65,138$3.68M0.1%History
WMTWalmart Inc.Stock44,872$3.62M0.1%History
LOWLowes Companies IncStock12,934$3.50M0.1%History
Vanguard Morningstar Value ETF922908744ETF19,262$3.36M0.1%–
iShares Tr464287515EXPANDED TECH37,447$3.35M0.1%–
TMOThermo Fisher Scientific Inc.Stock5,378$3.33M0.1%History
PFEPfizer IncStock113,684$3.29M0.1%History
iShares Select Dividend ETF464287168ETF24,242$3.27M0.1%–
PGProcter & Gamble CoStock18,852$3.27M0.1%History
AXPAmerican Express CoStock11,906$3.23M0.1%History
ABTAbbott LaboratoriesStock28,035$3.20M0.1%History
DHRDanaher CorpStock11,426$3.18M0.1%History
CSXCSX CorpStock91,293$3.15M0.1%History
Schwab U.S. Large-Cap ETF808524201ETF45,825$3.11M0.1%–
iShares Tr464288273EAFE SML CP ETF43,500$2.94M0.1%–
Kraneshares Trust500767306CSI CHI INTERNET82,044$2.79M0.1%–
PGRProgressive CorpStock10,975$2.79M0.1%History
RTXRTX CorpStock22,987$2.79M0.1%History
DEDeere & CoStock6,573$2.75M0.1%History
SNOWSnowflake Inc.Stock23,915$2.75M0.1%History
UDMYUdemy, Inc.COM366,795$2.73M0.1%History
EDConsolidated Edison IncStock25,651$2.67M0.1%History
ABNBAirbnb, Inc.Stock20,952$2.66M0.1%History
OKTAOkta, Inc.CL A35,011$2.60M0.1%History
GEGeneral Electric CoStock13,771$2.60M0.1%History
INTUIntuit Inc.Stock4,175$2.59M0.1%History
TJXTJX Companies IncStock22,007$2.59M0.1%History
BMYBristol Myers Squibb CoStock49,473$2.56M0.1%History
QCOMQualcomm IncStock14,787$2.51M0.1%History
iShares Russell 1000 Value ETF464287598ETF12,929$2.45M0.1%–
AMGNAmgen IncStock7,552$2.43M0.1%History
Vanguard Morningstar Growth ETF922908736ETF6,068$2.33M0.1%–
FISVFiserv IncStock12,538$2.25M0.1%History
PEGPublic Service Enterprise Group IncCOM24,403$2.18M0.1%History
CCitigroup IncStock32,539$2.04M0.1%History
IBMInternational Business Machines CorpStock9,181$2.03M0.1%History
SYKStryker CorpStock5,494$1.99M<0.1%History
ADPAutomatic Data Processing IncStock7,109$1.98M<0.1%History
iShares Tr464288257MSCI ACWI ETF16,231$1.94M<0.1%–
MCDMcDonalds CorpStock6,324$1.93M<0.1%History
KOCoca Cola CoStock26,286$1.90M<0.1%History
KRYSKrystal Biotech, Inc.COM10,401$1.89M<0.1%History
ELVElevance Health, Inc.Stock3,545$1.84M<0.1%History
Vanguard Ftse All-World Ex-US Index Fund922042775ETF28,332$1.78M<0.1%–
NEMNEWMONT CorpStock32,940$1.76M<0.1%History
GILDGilead Sciences, Inc.Stock20,884$1.75M<0.1%History
MUMicron Technology IncStock16,857$1.75M<0.1%History
ADIAnalog Devices IncStock7,523$1.73M<0.1%History
AMATApplied Materials IncStock8,524$1.72M<0.1%History
Vanguard Morningstar Small-Cap ETF922908751ETF7,091$1.69M<0.1%–
TGTTarget CorpStock10,797$1.68M<0.1%History