Summit Trail Advisors, LLC
- SEC CIK
- 0001698478
- Latest filing
- Aug 11, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 1,328
- +212 vs. Q2 2025
- Portfolio value
- $7.23B
- +$1.41B (+24.1%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| DVDoubleVerify Holdings, Inc. | COM | 21,567 | $258.4K | <0.1% | +21,567 | New | History |
| TLNTalen Energy Corp | COM | 609 | $259.1K | <0.1% | +609 | New | History |
| CORTCorcept Therapeutics Inc | COM | 3,148 | $261.6K | <0.1% | +3,148 | New | History |
| Invesco Exchange Traded FD T46137V233 | S&P 500 TOP 50 | 4,560 | $262.3K | <0.1% | +4,560 | New | – |
| BTCGrayscale Bitcoin Mini Trust ETF | ETF | 5,197 | $263.1K | <0.1% | −660−11.3% | Reduced | History |
| ESABESAB Corp | COM | 2,378 | $265.7K | <0.1% | +10.0% | Added | History |
| RAREUltragenyx Pharmaceutical Inc. | COM | 8,842 | $266.0K | <0.1% | +8,842 | New | History |
| ASTSAST SpaceMobile, Inc. | COM CL A | 5,481 | $269.0K | <0.1% | +1,081+24.6% | Added | History |
| iShares Inc464286632 | MSCI ISRAEL ETF | 2,700 | $270.8K | <0.1% | +2,700 | New | – |
| FTITechnipFMC plc | COM | 6,883 | $271.5K | <0.1% | +6,883 | New | History |
| ROIVRoivant Sciences Ltd. | SHS | 18,080 | $273.6K | <0.1% | +6,018+49.9% | Added | History |
| DIASPDR Dow Jones Industrial Average ETF Trust | UT SER 1 | 590 | $274.5K | <0.1% | 00.0% | Unchanged | History |
| LBTYALiberty Global Ltd. | COM CL A | 24,127 | $276.5K | <0.1% | +13,004+116.9% | Added | History |
| KOPNKopin Corp | COM | 114,500 | $278.2K | <0.1% | +114,500 | New | History |
| PCGPG&E Corp | Stock | 18,570 | $280.5K | <0.1% | −6,557−26.1% | Reduced | History |
| ProShares Tr74347X864 | ULTRPRO S&P500 | 2,518 | $280.7K | <0.1% | +2,518 | New | – |
| FTVFortive Corp | Stock | 5,756 | $282.0K | <0.1% | −3,203−35.8% | Reduced | History |
| ESLTElbit Systems Ltd | Stock | 559 | $284.7K | <0.1% | +18+3.3% | Added | History |
| WCNWaste Connections, Inc. | COM | 1,625 | $285.7K | <0.1% | +113+7.5% | Added | History |
| CAMTCamtek Ltd | ORD | 2,750 | $288.9K | <0.1% | −750−21.4% | Reduced | History |
| UPSTUpstart Holdings, Inc. | COM | 5,688 | $288.9K | <0.1% | −237−4.0% | Reduced | History |
| Schwab US Tips ETF808524870 | ETF | 10,788 | $290.7K | <0.1% | −490−4.3% | Reduced | – |
| iShares Core S&P US Value ETF464287663 | ETF | 2,923 | $292.2K | <0.1% | +716+32.4% | Added | – |
| OSCROscar Health, Inc. | CL A | 15,467 | $292.8K | <0.1% | −806−5.0% | Reduced | History |
| WFRDWeatherford International plc | ORD SHS | 4,313 | $295.1K | <0.1% | +4,313 | New | History |
| EMNEastman Chemical Co | Stock | 4,641 | $295.9K | <0.1% | −19,244−80.6% | Reduced | History |
| GTLBGitlab Inc. | CLASS A COM | 6,610 | $298.0K | <0.1% | +6,610 | New | History |
| MPLXMPLX LP | COM UNIT REP LTD | 5,968 | $298.1K | <0.1% | +29+0.5% | Added | History |
| ASBAssociated Banc-Corp | COM | 11,618 | $298.7K | <0.1% | +522+4.7% | Added | History |
| BMRNBiomarin Pharmaceutical Inc | COM | 5,517 | $298.8K | <0.1% | +5,517 | New | History |
| Vanguard Intermediate-Term Corporate Bond ETF92206C870 | ETF | 3,579 | $301.0K | <0.1% | +3,579 | New | – |
| JPMorgan Ultra-Short Income ETF46641Q837 | ETF | 5,971 | $302.9K | <0.1% | 00.0% | Unchanged | – |
| iShares Core S&P U.S. Growth ETF464287671 | ETF | 1,865 | $306.9K | <0.1% | +332+21.7% | Added | – |
| J P Morgan Exchange Traded F46641Q670 | CORE PLUS BD ETF | 6,493 | $308.7K | <0.1% | 00.0% | Unchanged | – |
| CAVACava Group, Inc. | COM | 5,165 | $312.0K | <0.1% | +1,476+40.0% | Added | History |
| RALRalliant Corp | Stock | 7,144 | $312.4K | <0.1% | +7,144 | New | History |
| CYTKCytokinetics Inc | COM NEW | 5,764 | $316.8K | <0.1% | −991−14.7% | Reduced | History |
| Invesco Nasdaq 100 ETF46138G649 | ETF | 1,284 | $317.3K | <0.1% | +1+0.1% | Added | – |
| WINGWingstop Inc. | COM | 1,261 | $317.4K | <0.1% | +1,261 | New | History |
| TMToyota Motor Corp | ADS | 1,664 | $318.0K | <0.1% | +292+21.3% | Added | History |
| NLYAnnaly Capital Management Inc | REIT | 15,273 | $319.3K | <0.1% | +1,102+7.8% | Added | History |
| CARTMaplebear Inc. | COM | 8,703 | $319.9K | <0.1% | +8,703 | New | History |
| iShares Russell 2000 Growth ETF464287648 | ETF | 1,003 | $321.0K | <0.1% | 00.0% | Unchanged | – |
| Vanguard Total International Bond ETF92203J407 | ETF | 6,537 | $323.3K | <0.1% | 00.0% | Unchanged | – |
| FSPFranklin Street Properties Corp | COM | 202,229 | $323.6K | <0.1% | 00.0% | Unchanged | History |
| DEODiageo PLC | SPON ADR NEW | 3,392 | $323.7K | <0.1% | +85+2.6% | Added | History |
| iShares Tr464289859 | CORE 80 20 ETF | 3,674 | $323.8K | <0.1% | +359+10.8% | Added | – |
| ELFe.l.f. Beauty, Inc. | COM | 2,458 | $325.6K | <0.1% | +454+22.7% | Added | History |
| FMSFresenius Medical Care AG | SPONSORED ADR | 12,374 | $325.8K | <0.1% | −94−0.8% | Reduced | History |
| BEBloom Energy Corp | COM CL A | 3,853 | $325.8K | <0.1% | +3,853 | New | History |
| LINELineage, Inc. | COM | 8,432 | $326.3K | <0.1% | +8,432 | New | History |
| BURBurford Capital Ltd | ORD SHS | 27,284 | $326.3K | <0.1% | +3,363+14.1% | Added | History |
| PSNParsons Corp | COM | 3,967 | $328.9K | <0.1% | +1,128+39.7% | Added | History |
| NOVNOV Inc. | COM | 24,835 | $329.1K | <0.1% | +24,835 | New | History |
| XPROExpro Ltd | COM | 27,707 | $329.2K | <0.1% | +292+1.1% | Added | History |
| HLNEHamilton Lane INC | CL A | 2,456 | $331.3K | <0.1% | +2,456 | New | History |
| BROSDutch Bros Inc. | CL A | 6,348 | $332.3K | <0.1% | +6,348 | New | History |
| RACEFerrari N.V. | COM | 687 | $333.1K | <0.1% | +165+31.6% | Added | History |
| ABAlliancebernstein Holding L.P. | UNIT LTD PARTN | 8,755 | $334.6K | <0.1% | 00.0% | Unchanged | History |
| IAUMiShares Gold Trust Micro | SHS REPSTG UN TR | 8,700 | $334.9K | <0.1% | +8,700 | New | History |
| ALABAstera Labs, Inc. | Stock | 1,718 | $336.4K | <0.1% | +1,718 | New | History |
| IPXIPERIONX Ltd | SPONSORED ADS | 6,862 | $338.6K | <0.1% | +6,862 | New | History |
| FIVNFive9, Inc. | COM | 14,101 | $341.2K | <0.1% | −777−5.2% | Reduced | History |
| ECGEverus Construction Group, Inc. | Stock | 3,991 | $342.2K | <0.1% | +3,991 | New | History |
| GXOGXO Logistics, Inc. | Stock | 6,491 | $343.3K | <0.1% | +6,491 | New | History |
| UIUbiquiti Inc. | COM | 529 | $349.4K | <0.1% | −29−5.2% | Reduced | History |
| MRPMillrose Properties, Inc. | COM CL A | 10,409 | $349.8K | <0.1% | +10,409 | New | History |
| JPMorgan Nasdaq Equity Premium Income ETF46654Q203 | ETF | 6,111 | $351.5K | <0.1% | +15+0.2% | Added | – |
| MELIMercadolibre Inc | COM | 151 | $352.9K | <0.1% | +23+18.0% | Added | History |
| OPENOpendoor Technologies Inc. | COM | 44,647 | $355.8K | <0.1% | +44,647 | New | History |
| AURAurora Innovation, Inc. | CLASS A COM | 66,493 | $358.4K | <0.1% | +54,237+442.5% | Added | History |
| BIRKBirkenstock Holding plc | COM SHS | 7,923 | $358.5K | <0.1% | +2,136+36.9% | Added | History |
| ALTIAlTi Global, Inc. | CL A | 101,039 | $359.7K | <0.1% | 00.0% | Unchanged | History |
| State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853 | ETF | 7,776 | $360.2K | <0.1% | −548−6.6% | Reduced | – |
| CFLTConfluent, Inc. | CLASS A COM | 18,288 | $362.1K | <0.1% | +18,288 | New | History |
| BEPCBrookfield Renewable Corp | CL A EX SUB VTG | 10,596 | $364.7K | <0.1% | +10,596 | New | History |
| UBSUBS Group AG | Stock | 8,902 | $365.0K | <0.1% | +1,994+28.9% | Added | History |
| CVCOCavco Industries, Inc. | COM | 630 | $365.9K | <0.1% | +630 | New | History |
| EIXEdison International | Stock | 6,618 | $365.9K | <0.1% | −733−10.0% | Reduced | History |
| Schwab U.S. Small-Cap ETF808524607 | ETF | 13,242 | $369.5K | <0.1% | 00.0% | Unchanged | – |
| BBVABanco Bilbao Vizcaya Argentaria, S.A. | SPONSORED ADR | 19,289 | $371.3K | <0.1% | +1,558+8.8% | Added | History |
| RKLBRocket Lab Corp | COM | 7,874 | $377.2K | <0.1% | +7,874 | New | History |
| RBCRBC Bearings INC | COM | 968 | $377.8K | <0.1% | +968 | New | History |
| VTRSViatris Inc | Stock | 38,736 | $383.5K | <0.1% | +5,386+16.1% | Added | History |
| APPFAppfolio Inc | COM CL A | 1,395 | $384.5K | <0.1% | +106+8.2% | Added | History |
| NBIXNeurocrine Biosciences Inc | Stock | 2,747 | $385.6K | <0.1% | +1,028+59.8% | Added | History |
| iShares Inc464286400 | MSCI BRAZIL ETF | 12,588 | $390.2K | <0.1% | −900−6.7% | Reduced | – |
| ATIAti Inc | Stock | 4,820 | $392.1K | <0.1% | +4,820 | New | History |
| Vanguard Morningstar Small-Cap Value ETF922908611 | ETF | 1,882 | $394.5K | <0.1% | +60+3.3% | Added | – |
| iShares Tr464287788 | U.S. FINLS ETF | 3,134 | $396.9K | <0.1% | 00.0% | Unchanged | – |
| TONXTON Strategy Co | COM | 56,683 | $399.0K | <0.1% | +56,683 | New | History |
| BIPCBrookfield Infrastructure Corp | COM SUB VTG A | 9,774 | $401.9K | <0.1% | +364+3.9% | Added | History |
| BRBRBellring Brands, Inc. | Stock | 11,079 | $402.7K | <0.1% | +6,005+118.3% | Added | History |
| HMCHonda Motor Co Ltd | ADR ECH CNV IN 3 | 12,855 | $404.7K | <0.1% | +687+5.6% | Added | History |
| TDOCTeladoc Health, Inc. | COM | 52,377 | $404.9K | <0.1% | +52,377 | New | History |
| IONSIonis Pharmaceuticals Inc | COM | 6,205 | $405.9K | <0.1% | +6,205 | New | History |
| RSReliance, Inc. | COM | 1,453 | $408.1K | <0.1% | +1,453 | New | History |
| FLUTFlutter Entertainment plc | SHS | 1,617 | $410.7K | <0.1% | +1,617 | New | History |
| INGMIngram Micro Holding Corp | COM | 19,122 | $410.9K | <0.1% | +3,047+19.0% | Added | History |
| IOTSamsara Inc. | Stock | 11,061 | $412.0K | <0.1% | +11,061 | New | History |
Options (16)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| Broadcom Inc11135F901 | CALL | – | $4.01M |
| Western Digital Corp.958102905 | CALL | – | $842.1K |
| Target Corp87612E956 | PUT | $449.9K | – |
| Philip Morris Intl Inc718172909 | CALL | – | $446.0K |
| Tapestry Inc876030907 | CALL | – | $390.1K |
| Schlumberger Ltd806857958 | PUT | $331.1K | – |
| Sandisk Corp80004C900 | CALL | – | $306.5K |
| Akamai Technologies Inc00971T951 | PUT | $299.8K | – |
| United Parcel Service Inc911312956 | PUT | $293.3K | – |
| Citigroup Inc172967904 | CALL | – | $224.0K |
| Qualcomm Inc747525953 | PUT | $213.4K | – |
| Kraft Heinz Co500754956 | PUT | $203.7K | – |
| Bristol-Myers Squibb Co110122958 | PUT | $182.5K | – |
| Whirlpool Corp963320956 | COM | $180.9K | – |
| Constellation Brands Inc21036P958 | PUT | $155.9K | – |
| Broadcom Inc11135F951 | PUT | $71.6K | – |
Sold out since Q2 2025 (30)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| WisdomTree Tr97717Y691 | CLOUD COMPUTNG | 178,271 | $6.44M | 0.1% | – |
| WBAWalgreens Boots Alliance, Inc. | COM | 148,143 | $1.70M | <0.1% | History |
| Vanguard Mun BD FDS922907746 | TAX EXEMPT BD | 14,276 | $700.0K | <0.1% | – |
| HESHess Corp | Stock | 4,428 | $613.4K | <0.1% | History |
| SKXSkechers USA Inc | CL A | 9,563 | $603.4K | <0.1% | History |
| AMEDAmedisys Inc | COM | 6,019 | $592.2K | <0.1% | History |
| CHHChoice Hotels International Inc | COM | 4,574 | $580.3K | <0.1% | History |
| AZEKAZEK Co Inc. | CL A | 8,742 | $475.1K | <0.1% | History |
| ANSSAnsys Inc | COM | 1,130 | $396.9K | <0.1% | History |
| JNPRJuniper Networks Inc | COM | 9,634 | $384.7K | <0.1% | History |
| PPBIPacific Premier Bancorp Inc | COM | 15,969 | $336.8K | <0.1% | History |
| State Street SPDR Portfolio S&P 500 Value ETF78464A508 | ETF | 6,422 | $336.1K | <0.1% | – |
| CLSKCleanspark, Inc. | COM NEW | 29,882 | $329.6K | <0.1% | History |
| HUTHut 8 Corp. | COM | 16,298 | $303.1K | <0.1% | History |
| TET1 Energy Inc. | COM NEW | 238,717 | $293.6K | <0.1% | History |
| ONDSOndas Inc. | COM NEW | 145,000 | $278.4K | <0.1% | History |
| MYIBlackRock Muniyield Quality Fund III, Inc. | COM | 23,664 | $249.5K | <0.1% | History |
| CSWCCapital Southwest Corp | COM | 10,630 | $234.3K | <0.1% | History |
| RELXRELX PLC | SPONSORED ADR | 4,090 | $222.3K | <0.1% | History |
| Global X FDS37954Y475 | S&P 500 COVERED | 5,500 | $214.2K | <0.1% | – |
| CRWVCoreWeave, Inc. | Stock | 1,300 | $212.0K | <0.1% | History |
| Global X FDS37954Y657 | US PFD ETF | 11,250 | $211.8K | <0.1% | – |
| Neos ETF Trust78433H675 | NASDAQ 100 HIGH | 4,000 | $208.0K | <0.1% | – |
| Paramount Global92556H206 | CL B | 15,497 | $200.7K | <0.1% | – |
| Advisorshares Tr00768Y453 | PURE US CANN ETF | 31,675 | $76.3K | <0.1% | – |
| PMXPIMCO Municipal Income Fund III | COM | 10,494 | $72.3K | <0.1% | History |
| AIRSAirsculpt Technologies, Inc. | COM | 14,236 | $68.8K | <0.1% | History |
| LCIDLucid Group, Inc. | COM | 17,347 | $36.6K | <0.1% | History |
| STTKShattuck Labs, Inc. | COM | 23,629 | $18.7K | <0.1% | History |
| BORRBorr Drilling Ltd | SHS | 10,000 | $18.3K | <0.1% | History |