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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 2 of 12  ·  237 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 AKRE PROFESIONALLY MANAGED PORTFO 113,354.0 $6.0M 0.09% -163K -59.0% $52.85 +3.1%
22 SPG SIMON PPTY GROUP INC NEW Real Estate 30,279.0 $5.6M 0.08% -12K -27.9% $186.53 +9.4%
23 IEMG ISHARES INC 80,202.0 $5.6M 0.08% -37K -31.6% $69.75 +15.5%
24 GLD SPDR GOLD TR Financial Services 12,506.0 $5.4M 0.08% -20K -62.1% $430.29 -3.1%
25 VGSH VANGUARD SCOTTSDALE FDS 89,436.0 $5.2M 0.07% -163K -64.6% $58.54 -0.5%
26 DVA DAVITA INC Healthcare 32,033.0 $4.9M 0.07% -8K -19.8% $153.69 +29.3%
27 JAZZ JAZZ PHARMACEUTICALS PLC Healthcare 24,830.0 $4.7M 0.07% -985.0 -3.8% $189.05 +26.6%
28 BERKSHIRE HATHAWAY INC DEL 6.0 $4.3M 0.06% -2.0 -25.0% $718140.00
29 TNET TRINET GROUP INC Industrials 113,862.0 $4.1M 0.06% -4K -3.7% $36.43 +17.0%
30 NET CLOUDFLARE INC Technology 19,560.0 $4.0M 0.06% -153.0 -0.8% $206.34 +3.1%
31 IJH ISHARES TR 59,212.0 $4.0M 0.06% -80K -57.5% $67.53 +8.0%
32 BX BLACKSTONE INC Financial Services 32,044.0 $3.7M 0.05% -2K -7.2% $114.99 +3.1%
33 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 9,351.0 $3.7M 0.05% -1K -10.0% $391.76 +91.7%
34 MDT MEDTRONIC PLC Healthcare 41,515.0 $3.6M 0.05% -228.0 -0.6% $86.65 -9.8%
35 VUG VANGUARD INDEX FDS 8,221.0 $3.6M 0.05% -262.0 -3.1% $436.79 -80.0%
36 ACN ACCENTURE PLC IRELAND Technology 18,021.0 $3.6M 0.05% -421.0 -2.3% $198.29 -10.3%
37 BWXT BWX TECHNOLOGIES INC Industrials 16,187.0 $3.3M 0.05% -2K -10.6% $204.49 -1.0%
38 RBRK RUBRIK INC. Technology 65,630.0 $3.2M 0.05% -2K -2.4% $48.97 +36.6%
39 CCL CARNIVAL CORP Consumer Cyclical 119,296.0 $3.1M 0.04% -16K -11.8% $25.88 +1.2%
40 PAVE GLOBAL X FDS 57,537.0 $2.9M 0.04% -13K -18.3% $50.81 +7.3%
Page 2 of 12  ·  237 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%