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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 54 of 73  ·  1,441 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1061 ORRF ORRSTOWN FINL SVCS INC Financial Services 19,240.0 $694K 0.01% NEW $36.08 +1.9%
1062 EIM EATON VANCE MUN BD FD Financial Services 71,034.0 $694K 0.01% NEW $9.77 -0.9%
1063 CERT CERTARA INC Healthcare 121,737.0 $694K 0.01% +57K +87.9% $5.70 -9.3%
1064 APPF APPFOLIO INC Technology 4,391.0 $693K 0.01% +2K +114.8% $157.82 +2.9%
1065 VMO INVESCO MUN OPPORTUNIT TR Financial Services 72,805.0 $692K 0.01% NEW $9.51 -0.1%
1066 NBH NEUBERGER MUN FD INC Financial Services 67,906.0 $689K 0.01% NEW $10.15 +1.0%
1067 RIVN RIVIAN AUTOMOTIVE INC Consumer Cyclical 45,743.0 $688K 0.01% +16K +55.0% $15.05 -8.8%
1068 VKQ INVESCO MUNICIPAL TRUST Financial Services 72,295.0 $688K 0.01% NEW $9.52 +0.2%
1069 AFB ALLIANCEBERNSTEIN NATL MUN I Financial Services 64,337.0 $688K 0.01% NEW $10.69 +2.0%
1070 BIDU BAIDU INC Communication Services 6,155.0 $686K 0.01% +4K +185.6% $111.42 +17.7%
1071 PCG PG&E CORP Utilities 38,973.0 $685K 0.01% +16K +68.9% $17.57 -6.4%
1072 AR ANTERO RESOURCES CORP Energy 16,064.0 $682K 0.01% +4K +35.9% $42.44 -12.7%
1073 SN SHARKNINJA INC Consumer Cyclical 6,412.0 $679K 0.01% -707.0 -9.9% $105.90 -3.7%
1074 TECHNIPFMC PLC 9,774.0 $676K 0.01% +2K +30.6% $69.13
1075 PCQ PIMCO CALIF MUN INCOME FD Financial Services 78,597.0 $674K 0.01% NEW $8.58 +0.2%
1076 XLU SELECT SECTOR SPDR TR 14,673.0 $673K 0.01% +180.0 +1.2% $45.89 -1.9%
1077 IBKR INTERACTIVE BROKERS GROUP IN Financial Services 10,015.0 $672K 0.01% +3K +33.7% $67.07 +25.0%
1078 VIKING HOLDINGS LTD 9,115.0 $670K 0.01% +3K +54.4% $73.48
1079 GPN GLOBAL PMTS INC Industrials 9,917.0 $667K 0.01% +3K +38.0% $67.30 +7.9%
1080 PL PLANET LABS PBC Industrials 23,860.0 $667K 0.01% NEW $27.95 +52.6%
Page 54 of 73  ·  1,441 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%