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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 59 of 73  ·  1,441 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1161 SPEM SPDR INDEX SHS FDS 10,820.0 $508K 0.01% +254.0 +2.4% $46.91 +8.9%
1162 SM SM ENERGY COMPANY Energy 16,263.0 $507K 0.01% NEW $31.18 +11.6%
1163 NBIX NEUROCRINE BIOSCIENCES INC Healthcare 3,835.0 $505K 0.01% +916.0 +31.4% $131.74 +18.0%
1164 TPL TEXAS PACIFIC LAND CORPORATI Energy 1,059.0 $503K 0.01% -2K -61.4% $474.56 -15.2%
1165 LIBERTY GLOBAL LTD 41,126.0 $497K 0.01% -6K -12.4% $12.09
1166 CELH CELSIUS HLDGS INC Consumer Defensive 13,984.0 $496K 0.01% +853.0 +6.5% $35.48 -16.3%
1167 BEPC BROOKFIELD RENEWABLE CORP Utilities 12,384.0 $493K 0.01% -3K -19.0% $39.83 -5.5%
1168 TIGO MILLICOM INTL CELLULAR S A Communication Services 6,578.0 $493K 0.01% -5K -41.5% $74.94 +12.2%
1169 MPB MID PENN BANCORP INC Financial Services 15,316.0 $493K 0.01% $32.16 +1.5%
1170 GTLB GITLAB INC Technology 22,735.0 $492K 0.01% +13K +135.2% $21.64 +18.4%
1171 DLN WISDOMTREE TR 5,500.0 $491K 0.01% NEW $89.33 +7.0%
1172 IWN ISHARES TR 2,590.0 $491K 0.01% NEW $189.59 +10.7%
1173 CNTN CANTON STRATEGIC HOLDINGS IN Healthcare 149,777.0 $490K 0.01% +55K +57.7% $3.27 +2.4%
1174 XPRO EXPRO GROUP HOLDINGS NV Energy 27,951.0 $487K 0.01% +390.0 +1.4% $17.41 -2.5%
1175 WDS WOODSIDE ENERGY GROUP LTD Energy 20,365.0 $486K 0.01% NEW $23.88 -4.7%
1176 EWZ ISHARES INC 12,588.0 $483K 0.01% $38.39 -3.6%
1177 FNDF SCHWAB STRATEGIC TR 9,860.0 $482K 0.01% NEW $48.93 +9.6%
1178 BIRKENSTOCK HOLDING PLC 13,443.0 $482K 0.01% +5K +51.0% $35.83
1179 NIQ GLOBAL INTELLIGENCE PLC 42,037.0 $478K 0.01% NEW $11.37
1180 PTON PELOTON INTERACTIVE INC Consumer Cyclical 109,943.0 $472K 0.01% +647.0 +0.6% $4.29 +20.5%
Page 59 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%