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 |
|---|---|---|---|---|---|---|---|
| iShares Tr464287184 | CHINA LG-CAP ETF | 10,015 | $412.0K | <0.1% | 00.0% | Unchanged | – |
| ONONOn Holding AG | Stock | 9,751 | $413.0K | <0.1% | +9,751 | New | History |
| PRPermian Resources Corp | CLASS A COM | 32,534 | $416.4K | <0.1% | −541−1.6% | Reduced | History |
| HHHHoward Hughes Holdings Inc. | COM | 5,076 | $417.1K | <0.1% | +5,076 | New | History |
| XPXP Inc. | CL A | 22,284 | $418.7K | <0.1% | +22,284 | New | History |
| AUAngloGold Ashanti PLC | COM SHS | 6,032 | $424.2K | <0.1% | +6,032 | New | History |
| AVTRAvantor, Inc. | COM | 34,154 | $426.2K | <0.1% | −22,620−39.8% | Reduced | History |
| EXASExact Sciences Corp | COM | 7,882 | $431.2K | <0.1% | +360+4.8% | Added | History |
| DKDelek US Holdings, Inc. | COM | 13,393 | $432.2K | <0.1% | +24+0.2% | Added | History |
| CNHCNH Industrial N.V. | SHS | 39,959 | $433.6K | <0.1% | +29,057+266.5% | Added | History |
| CRSCarpenter Technology Corp | COM | 1,766 | $433.6K | <0.1% | +1,766 | New | History |
| CABOCable One, Inc. | COM | 2,452 | $434.1K | <0.1% | +2,452 | New | History |
| Vanguard Real Estate ETF922908553 | ETF | 4,763 | $435.4K | <0.1% | −3,122−39.6% | Reduced | – |
| IBKRInteractive Brokers Group, Inc. | Stock | 6,339 | $436.2K | <0.1% | +315+5.2% | Added | History |
| SANBanco Santander, S.A. | ADR | 41,625 | $436.2K | <0.1% | +13,838+49.8% | Added | History |
| RIVNRivian Automotive, Inc. | Stock | 29,787 | $437.3K | <0.1% | +9,637+47.8% | Added | History |
| WESWestern Midstream Partners, LP | COM UNIT LP INT | 11,212 | $440.5K | <0.1% | +23+0.2% | Added | History |
| iShares Russell Mid-Cap Growth ETF464287481 | ETF | 3,098 | $441.2K | <0.1% | +10.0% | Added | – |
| MPBMid Penn Bancorp Inc | COM | 15,432 | $442.0K | <0.1% | +50+0.3% | Added | History |
| ONTOOnto Innovation Inc. | COM | 3,427 | $442.8K | <0.1% | −3,994−53.8% | Reduced | History |
| J P Morgan Exchange Traded F46654Q575 | MORTGAGE BACKED | 8,706 | $444.0K | <0.1% | −1,620−15.7% | Reduced | – |
| MEDPMedpace Holdings, Inc. | COM | 865 | $444.7K | <0.1% | +865 | New | History |
| QSQuantumScape Corp | COM CL A | 36,152 | $445.4K | <0.1% | +36,152 | New | History |
| REXRRexford Industrial Realty, Inc. | COM | 10,818 | $446.9K | <0.1% | +705+7.0% | Added | History |
| NTRANatera, Inc. | COM | 2,782 | $447.8K | <0.1% | +2,782 | New | History |
| FDUSFidus Investment Corp | COM | 22,502 | $455.9K | <0.1% | 00.0% | Unchanged | History |
| iShares Russell Midcap ETF464287499 | ETF | 4,747 | $458.4K | <0.1% | 00.0% | Unchanged | – |
| UTHRUnited Therapeutics Corp | COM | 1,096 | $459.5K | <0.1% | +1,096 | New | History |
| SAROStandardAero, Inc. | COM | 16,845 | $459.7K | <0.1% | +9,046+116.0% | Added | History |
| RLIRli Corp | COM | 7,051 | $459.9K | <0.1% | +4,092+138.3% | Added | History |
| GLREGreenlight Capital Re, Ltd. | CLASS A | 36,339 | $461.5K | <0.1% | −164−0.4% | Reduced | History |
| GSKGSK plc | ADR | 10,673 | $465.2K | <0.1% | +290+2.8% | Added | History |
| NVRNVR Inc | COM | 58 | $466.0K | <0.1% | +8+16.0% | Added | History |
| TFSLTFS Financial CORP | COM | 35,604 | $469.1K | <0.1% | +35,604 | New | History |
| LYFTLyft, Inc. | CL A COM | 21,450 | $472.1K | <0.1% | −11,848−35.6% | Reduced | History |
| STBAS&T Bancorp Inc | COM | 12,563 | $472.2K | <0.1% | 00.0% | Unchanged | History |
| CELHCelsius Holdings, Inc. | COM NEW | 8,219 | $472.5K | <0.1% | +524+6.8% | Added | History |
| WBSWebster Financial Corp | COM | 7,972 | $473.9K | <0.1% | −248−3.0% | Reduced | History |
| EXLSExlService Holdings, Inc. | COM | 10,832 | $476.9K | <0.1% | +10,832 | New | History |
| iShares Tr464288885 | EAFE GRWTH ETF | 4,201 | $478.4K | <0.1% | +4,201 | New | – |
| LOARLoar Holdings Inc. | COM SHS | 6,073 | $485.8K | <0.1% | +3,521+138.0% | Added | History |
| ZGZillow Group, Inc. | CL A | 6,568 | $488.9K | <0.1% | +6,568 | New | History |
| CIVICivitas Resources, Inc. | EQUITY US CM | 15,074 | $489.9K | <0.1% | +15,074 | New | History |
| ALBAlbemarle Corp | Stock | 6,055 | $492.0K | <0.1% | −5,368−47.0% | Reduced | History |
| SESea Ltd | SPONSORD ADS | 2,762 | $493.7K | <0.1% | +454+19.7% | Added | History |
| Vanguard Morningstar Mid-Cap ETF922908629 | ETF | 1,678 | $494.5K | <0.1% | +87+5.5% | Added | – |
| SPDR Index Shs FDS78463X509 | ST PORT MARK ETF | 10,566 | $494.6K | <0.1% | 00.0% | Unchanged | – |
| CPACopa Holdings, S.A. | CL A | 4,171 | $495.6K | <0.1% | +888+27.0% | Added | History |
| GMEDGlobus Medical Inc | Stock | 8,658 | $495.8K | <0.1% | +8,658 | New | History |
| WHRWhirlpool Corp | Stock | 6,352 | $499.3K | <0.1% | +388+6.5% | Added | History |
| Invesco S&P 500 Quality ETF46137V241 | ETF | 6,935 | $508.3K | <0.1% | 00.0% | Unchanged | – |
| TKOTKO Group Holdings, Inc. | CL A | 2,524 | $509.8K | <0.1% | +2,524 | New | History |
| TPGTPG Inc. | COM CL A | 8,891 | $510.8K | <0.1% | +619+7.5% | Added | History |
| AMAntero Midstream Corp | Stock | 26,449 | $514.2K | <0.1% | +11,839+81.0% | Added | History |
| PSKYParamount Skydance Corp | COM CL B | 27,217 | $515.1K | <0.1% | +27,217 | New | History |
| CHRDChord Energy Corp | COM NEW | 5,189 | $515.6K | <0.1% | +5,189 | New | History |
| MTDRMatador Resources Co | COM | 11,481 | $515.8K | <0.1% | +11,481 | New | History |
| QGENQiagen N.V. | COMMON STOCK | 11,596 | $516.4K | <0.1% | +11,596 | New | History |
| GNTXGentex Corp | COM | 18,389 | $520.4K | <0.1% | +18,389 | New | History |
| UWMCUWM Holdings Corp | COM CL A | 84,385 | $521.4K | <0.1% | +84,385 | New | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 9,730 | $524.2K | <0.1% | +2,017+26.2% | Added | – |
| ASAmer Sports, Inc. | COM SHS | 15,101 | $524.8K | <0.1% | +15,101 | New | History |
| NVONovo Nordisk A S | ADR | 9,459 | $524.9K | <0.1% | −436−4.4% | Reduced | History |
| DINOHF Sinclair Corp | COM | 10,048 | $525.9K | <0.1% | +2,343+30.4% | Added | History |
| SFMSprouts Farmers Market, Inc. | COM | 4,845 | $527.1K | <0.1% | +2,929+152.9% | Added | History |
| DUOLDuolingo, Inc. | CL A COM | 1,645 | $529.4K | <0.1% | +1,645 | New | History |
| CWENClearway Energy, Inc. | CL C | 18,763 | $530.1K | <0.1% | +6,422+52.0% | Added | History |
| ATNIATN International, Inc. | COM | 34,798 | $530.5K | <0.1% | 00.0% | Unchanged | History |
| DRSLeonardo DRS, Inc. | Stock | 11,690 | $530.7K | <0.1% | +11,690 | New | History |
| PLTKPlaytika Holding Corp. | COM | 136,858 | $532.4K | <0.1% | +71,804+110.4% | Added | History |
| KMPRKEMPER Corp | COM | 10,339 | $533.0K | <0.1% | +10,339 | New | History |
| EQNREquinor ASA | SPONSORED ADR | 21,968 | $535.6K | <0.1% | +10,292+88.1% | Added | History |
| AAAlcoa Corp | Stock | 16,420 | $540.1K | <0.1% | +16,420 | New | History |
| MRNAModerna, Inc. | Stock | 20,928 | $540.6K | <0.1% | +20,928 | New | History |
| HSBCHSBC Holdings PLC | SPON ADR NEW | 7,637 | $542.1K | <0.1% | +732+10.6% | Added | History |
| IESCIES Holdings, Inc. | COM | 1,365 | $542.8K | <0.1% | +85+6.6% | Added | History |
| MASIMasimo Corp | COM | 3,725 | $549.6K | <0.1% | −3,435−48.0% | Reduced | History |
| CEFSprott Physical Gold & Silver Trust | PHYSICAL GOLD AN | 15,000 | $550.4K | <0.1% | 00.0% | Unchanged | History |
| VNOMViper Energy, Inc. | CL A | 14,483 | $553.5K | <0.1% | +5,092+54.2% | Added | History |
| RKTRocket Companies, Inc. | Stock | 28,620 | $554.7K | <0.1% | +13,803+93.2% | Added | History |
| CERTCertara, Inc. | COM | 45,391 | $554.7K | <0.1% | +45,391 | New | History |
| AAONAaon, Inc. | COM PAR $0.004 | 5,945 | $555.5K | <0.1% | +5,945 | New | History |
| BF.ABrown Forman Corp | CL A | 20,522 | $555.6K | <0.1% | +20,522 | New | History |
| IFFInternational Flavors & Fragrances Inc | COM | 9,035 | $557.1K | <0.1% | +2,071+29.7% | Added | History |
| POOLPool Corp | COM | 1,800 | $558.1K | <0.1% | +1,800 | New | History |
| RYANRyan Specialty Holdings, Inc. | CL A | 9,982 | $562.6K | <0.1% | +9,982 | New | History |
| TTETotalEnergies SE | SPONSORED ADS | 9,272 | $562.7K | <0.1% | +715+8.4% | Added | History |
| OPCHOption Care Health, Inc. | COM NEW | 20,284 | $563.1K | <0.1% | +20,284 | New | History |
| FHNFirst Horizon Corp | COM | 24,764 | $563.7K | <0.1% | +1,537+6.6% | Added | History |
| CRCrane Co | COMMON STOCK | 3,090 | $569.0K | <0.1% | +3,090 | New | History |
| BIOBio-Rad Laboratories, Inc. | CL A | 2,033 | $570.0K | <0.1% | +32+1.6% | Added | History |
| LNCLincoln National Corp | COM | 14,159 | $571.0K | <0.1% | +3,967+38.9% | Added | History |
| BRXBrixmor Property Group Inc. | COM | 20,793 | $575.5K | <0.1% | +20,793 | New | History |
| ACMAecom | COM | 4,412 | $575.6K | <0.1% | +4,412 | New | History |
| RBARB Global Inc. | COM | 5,320 | $576.5K | <0.1% | +2,440+84.7% | Added | History |
| SOLVSolventum Corp | Stock | 7,906 | $577.1K | <0.1% | +4,207+113.7% | Added | History |
| LBRDALiberty Broadband Corp | COM SER A | 9,118 | $577.4K | <0.1% | +9,118 | New | History |
| KSSKOHLS Corp | Stock | 37,699 | $579.4K | <0.1% | −572−1.5% | Reduced | History |
| AESAES Corp | Stock | 44,173 | $581.3K | <0.1% | +44,173 | New | History |
| FLOFlowers Foods Inc | COM | 44,548 | $581.4K | <0.1% | +15,017+50.9% | Added | 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 |