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Portfolio (Quarterly) Guide ↗

Summit Trail Advisors, LLC

· CIK 0001698478
13F Portfolio $7.9B AUM 1,474 positions Filed Aug 11, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 85 New 749 Added 511 Reduced 52 Exited
Page 22 of 26  ·  511 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
421 VKTX VIKING THERAPEUTICS INC Healthcare 16,955.0 $661K 0.01% -791.0 -4.5% $39.01 -11.7%
422 SNY SANOFI SA Healthcare 15,375.0 $656K 0.01% -3K -14.9% $42.66 +6.8%
423 CLF CLEVELAND-CLIFFS INC NEW Basic Materials 67,338.0 $632K 0.01% -2K -2.7% $9.39 +24.5%
424 NBIX NEUROCRINE BIOSCIENCES INC Healthcare 3,743.0 $631K 0.01% -92.0 -2.4% $168.54 -6.1%
425 LLYVA LIBERTY LIVE HOLDINGS INC 5,980.0 $606K 0.01% -3K -33.6% $101.26
426 LBRDK LIBERTY BROADBAND CORP Communication Services 17,888.0 $595K 0.01% -4K -17.1% $33.26 +8.3%
427 VIKING HOLDINGS LTD 5,547.0 $581K 0.01% -4K -39.1% $104.67
428 RACE FERRARI N V Consumer Cyclical 1,551.0 $576K 0.01% -83.0 -5.1% $371.21 +11.7%
429 LIBERTY MEDIA CORP DEL 6,574.0 $575K 0.01% -2K -26.9% $87.54
430 INDA ISHARES TR 11,525.0 $569K 0.01% -243.0 -2.1% $49.39 +0.8%
431 TIGO MILLICOM INTL CELLULAR S A Communication Services 6,173.0 $568K 0.01% -405.0 -6.2% $92.04 +3.2%
432 GPN GLOBAL PMTS INC Industrials 7,800.0 $566K 0.01% -2K -21.4% $72.56 +28.6%
433 ZG ZILLOW GROUP INC 17,958.0 $563K 0.01% -712.0 -3.8% $31.37
434 LOPE GRAND CANYON ED INC Consumer Defensive 3,928.0 $562K 0.01% -6K -61.9% $143.11 +3.7%
435 KMPR KEMPER CORP Financial Services 20,087.0 $542K 0.01% -742.0 -3.6% $26.96 +4.8%
436 AAON AAON INC Industrials 4,093.0 $519K 0.01% -3K -40.8% $126.86 -37.3%
437 CAR AVIS BUDGET GROUP INC Industrials 3,496.0 $517K 0.01% -8K -68.5% $147.83 -2.1%
438 CNXC CONCENTRIX CORP Technology 23,009.0 $516K 0.01% -14K -38.1% $22.41 +20.5%
439 JLL JONES LANG LASALLE INC Real Estate 1,653.0 $512K 0.01% -282.0 -14.6% $309.95 +24.3%
440 MUSA MURPHY USA INC Consumer Cyclical 949.0 $511K 0.01% -264.0 -21.8% $538.87 +0.8%
Page 22 of 26  ·  511 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 36.7%
Financial Services 13.8%
Industrials 11.9%
Consumer Cyclical 8.4%
Healthcare 7.3%
Communication Services 6.4%
Consumer Defensive 6.4%
Energy 2.9%
Real Estate 2.5%
Utilities 2.1%