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Portfolio (Quarterly) Guide ↗

Summit Trail Advisors, LLC

· CIK 0001698478
13F Portfolio $7.0B AUM 1,441 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 199 New 939 Added 237 Reduced 61 Exited
Page 42 of 47  ·  939 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
821 APPF APPFOLIO INC Technology 4,391.0 $693K 0.01% +2K +114.8% $157.82 +2.9%
822 RIVN RIVIAN AUTOMOTIVE INC Consumer Cyclical 45,743.0 $688K 0.01% +16K +55.0% $15.05 -8.8%
823 BIDU BAIDU INC Communication Services 6,155.0 $686K 0.01% +4K +185.6% $111.42 +17.7%
824 PCG PG&E CORP Utilities 38,973.0 $685K 0.01% +16K +68.9% $17.57 -6.4%
825 AR ANTERO RESOURCES CORP Energy 16,064.0 $682K 0.01% +4K +35.9% $42.44 -12.7%
826 TECHNIPFMC PLC 9,774.0 $676K 0.01% +2K +30.6% $69.13
827 XLU SELECT SECTOR SPDR TR 14,673.0 $673K 0.01% +180.0 +1.2% $45.89 -1.9%
828 IBKR INTERACTIVE BROKERS GROUP IN Financial Services 10,015.0 $672K 0.01% +3K +33.7% $67.07 +25.0%
829 VIKING HOLDINGS LTD 9,115.0 $670K 0.01% +3K +54.4% $73.48
830 GPN GLOBAL PMTS INC Industrials 9,917.0 $667K 0.01% +3K +38.0% $67.30 +7.9%
831 FTV FORTIVE CORP Technology 11,861.0 $656K 0.01% +6K +89.2% $55.28 +6.8%
832 FHN FIRST HORIZON CORPORATION Financial Services 28,692.0 $653K 0.01% +4K +14.5% $22.76 +5.9%
833 AVTR AVANTOR INC Healthcare 83,157.0 $652K 0.01% +36K +74.9% $7.84 +0.4%
834 MLI MUELLER INDS INC Industrials 5,858.0 $649K 0.01% +4K +181.2% $110.80 +20.6%
835 BILL BILL HOLDINGS INC Technology 16,841.0 $645K 0.01% +4K +32.9% $38.30 -4.8%
836 APLS APELLIS PHARMACEUTICALS INC Healthcare 16,023.0 $645K 0.01% +2K +15.7% $40.23 +2.0%
837 S SENTINELONE INC Technology 49,869.0 $642K 0.01% +18K +55.9% $12.88 +39.5%
838 SOLS SOLSTICE ADVANCED MATLS INC Basic Materials 8,407.0 $640K 0.01% +2K +22.4% $76.16 +10.9%
839 OPCH OPTION CARE HEALTH INC Healthcare 23,493.0 $632K 0.01% +3K +14.0% $26.92 -20.1%
840 SFM SPROUTS FMRS MKT INC Consumer Defensive 8,137.0 $628K 0.01% +2K +27.0% $77.13 +14.7%
Page 42 of 47  ·  939 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.0%
Financial Services 14.4%
Industrials 11.3%
Communication Services 9.4%
Consumer Cyclical 8.6%
Consumer Defensive 7.4%
Healthcare 7.0%
Energy 3.5%
Real Estate 2.4%
Utilities 2.1%