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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 71 of 73  ·  1,441 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1401 FSP FRANKLIN STR PPTYS CORP Real Estate 201,311.0 $134K 0.00% $0.66 -23.7%
1402 SEV APTERA MOTORS CORP Consumer Cyclical 49,029.0 $130K 0.00% $2.65 -9.1%
1403 BLND BLEND LABS INC Technology 75,321.0 $128K 0.00% +56K +299.3% $1.70 -10.6%
1404 BUR BURFORD CAPITAL LIMITED Financial Services 27,903.0 $126K 0.00% +473.0 +1.7% $4.52 +4.0%
1405 YEXT YEXT INC Technology 32,331.0 $124K 0.00% NEW $3.84 -6.5%
1406 ASAN ASANA INC Technology 19,127.0 $122K 0.00% NEW $6.40 -0.6%
1407 AEGON LTD 16,345.0 $119K 0.00% NEW $7.26
1408 LCID LUCID GROUP INC Consumer Cyclical 12,282.0 $117K 0.00% NEW $9.53 -38.7%
1409 CTLP CANTALOUPE INC Technology 10,300.0 $111K 0.00% NEW $10.81 +3.6%
1410 BFLY BUTTERFLY NETWORK INC Healthcare 26,879.0 $109K 0.00% $4.04 +10.9%
1411 SOUN SOUNDHOUND AI INC Technology 15,218.0 $105K 0.00% NEW $6.87 +23.0%
1412 CLSK CLEANSPARK INC Technology 12,149.0 $103K 0.00% NEW $8.51 +85.2%
1413 EVTL VERTICAL AEROSPACE LTD Industrials 46,318.0 $102K 0.00% $2.21 +18.1%
1414 MARA MARA HOLDINGS INC Financial Services 12,250.0 $100K 0.00% NEW $8.16 +66.1%
1415 RIG TRANSOCEAN LTD Energy 14,415.0 $96K 0.00% NEW $6.63 +10.7%
1416 BBAI BIGBEAR AI HLDGS INC Technology 26,990.0 $95K 0.00% NEW $3.52 +19.3%
1417 NTSK NETSKOPE INC Technology 11,077.0 $94K 0.00% NEW $8.49 +36.3%
1418 LNKB LINKBANCORP INC Financial Services 11,213.0 $94K 0.00% NEW $8.34 +4.2%
1419 NABL N-ABLE INC Technology 19,592.0 $91K 0.00% NEW $4.67 -23.8%
1420 NAT NORDIC AMERICAN TANKERS LIMI Industrials 15,400.0 $90K 0.00% NEW $5.86 -6.1%
Page 71 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%