Summit Trail Advisors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), Summit Trail Advisors, LLC reported 611 stock positions worth $3.8 billion. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 33.2% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 10.4%) and Vanguard Intermediate-Term T (VGIT, 4.9%). Compared with Q4 2023, it opened 85 new positions, sold out of 31, added to 352 and reduced 123. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +92%) and the biggest sale SS Consumer Staples Sel Sect (XLP, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001698478
- Portfolio Value
- $3.8B (Q1 2024)
- SEC Filing
- 0001951757-24-000376 ↗ filed Apr 23, 2024
Holdings Value
Holdings 611 stocks · $3.8B
| USFR Wisdomtree Floating Rate Tre | 33.21% | 24,834,338 | $1.2B | Add +21.1% |
| VOO Vanguard S&P 500 ETF | 10.42% | 815,493 | $392.0M | Add +10.6% |
| VGIT Vanguard Intermediate-Term T | 4.92% | 3,160,233 | $185.0M | Add +92.0% |
| AGG iShares Core U.S. Aggregate | 4.52% | 1,737,414 | $170.2M | Add +87.6% |
| RSP Invesco S&P 500 Equal Weight | 3.01% | 668,447 | $113.2M | Add +22.5% |
| AVGO Broadcom Inc. | 2.34% | 66,350 | $87.9M | Add +0.8% |
| PPA Invesco Aerospace & Defense | 1.64% | 608,332 | $61.8M | Reduce -2.5% |
| XLV SS Health Care Select Sector | 1.57% | 399,744 | $59.1M | Reduce -8.7% |
| VWO Vanguard Ftse Emerging Marke | 1.46% | 1,313,396 | $54.9M | Add +0.5% |
| BND Vanguard Total Bond Market | 1.42% | 734,570 | $53.4M | Add +18.4% |
| AAPL Apple Inc. | 1.24% | 272,540 | $46.7M | Add +12.1% |
| EXPD Expeditors Intl Wash Inc. | 1.19% | 369,626 | $44.9M | Add +0.1% |
| KCCA Kraneshares California Carbo | 1.15% | 1,514,394 | $43.4M | Add +10.9% |
| IWF iShares Russell 1000 Growth | 1.06% | 118,530 | $40.0M | Add +29.7% |
| VEA Vanguard Ftse Developed ETF | 1.06% | 792,163 | $39.7M | Add +3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.93% | 66,985 | $35.1M | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.80% | 115,041 | $29.9M | Add +2.9% |
| MSFT Microsoft Corp. | 0.77% | 68,854 | $29.0M | Add +7.5% |
| GOOG Alphabet Inc. Class C | 0.76% | 188,907 | $28.8M | Add +4.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.61% | 71,337 | $22.9M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 0.60% | 124,358 | $22.4M | Add +9.7% |
| EFA iShares MSCI Eafe ETF | 0.55% | 256,664 | $20.5M | Add +8.8% |
| GOOGL Alphabet Inc. Class A | 0.53% | 131,474 | $19.8M | Reduce -9.6% |
| BILL Bill Holdings Inc. | 0.51% | 280,750 | $19.3M | Add +6023.2% |
| COIN Coinbase Global Inc. Class A | 0.50% | 70,918 | $18.8M | Reduce -8.1% |
| TNET Trinet Group Inc. | 0.50% | 140,973 | $18.7M | Reduce -0.6% |
| APO Apollo Global Management Inc. | 0.49% | 162,872 | $18.3M | Add +0.0% |
| DDOG Datadog Inc. Class A | 0.47% | 143,608 | $17.7M | Add +0.1% |
| AR Antero Resources Corp. | 0.45% | 580,330 | $16.8M | Add +0.1% |
| NVDA Nvidia Corp. | 0.44% | 18,316 | $16.5M | Add +1.5% |
| WCLD Wisdomtree Cloud Computing | 0.38% | 409,861 | $14.3M | New |
| DLO Dlocal Ltd. | 0.37% | 940,820 | $13.8M | No change |
| QUAL iShares MSCI USA Quality Fac | 0.35% | 79,766 | $13.1M | Add +3740.4% |
| CRM Salesforce Inc. | 0.35% | 43,184 | $13.0M | Add +114.9% |
| EFV iShares MSCI Eafe Value ETF | 0.34% | 237,672 | $12.9M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 29,921 | $12.6M | Add +4.0% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.33% | 446,788 | $12.5M | Add +5.8% |
| MNDY Monday.com Ltd. | 0.33% | 55,048 | $12.4M | Add +264.1% |
| PATH Uipath Inc. Class A | 0.33% | 547,492 | $12.4M | Reduce -15.7% |
| PLTR Palantir Technologies Inc. Class A | 0.32% | 527,674 | $12.1M | Reduce -2.2% |
| IWM iShares Russell 2000 ETF | 0.29% | 52,614 | $11.1M | Add +13.4% |
| IJR iShares Core S&P Small-Cap E | 0.28% | 95,431 | $10.5M | Add +0.1% |
| VT Vanguard Tot World STK ETF | 0.25% | 86,495 | $9.6M | Add +16.9% |
| META Meta Platforms Inc. Class A | 0.24% | 18,649 | $9.1M | Add +21.7% |
| JPM JPMorgan Chase & Co. | 0.23% | 43,352 | $8.7M | Add +37.5% |
| SCHP Schwab U.S. Tips ETF | 0.22% | 160,720 | $8.4M | Reduce -7.6% |
| VGSH Vanguard Short-Term Treasury | 0.20% | 129,770 | $7.5M | Reduce -41.8% |
| XLP SS Consumer Staples Sel Sect | 0.20% | 98,433 | $7.5M | Reduce -73.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 16,686 | $7.4M | Add +59.4% |
| INDA iShares MSCI India ETF | 0.19% | 139,701 | $7.2M | Add +5.1% |
| CAT Caterpillar Inc. | 0.18% | 18,439 | $6.8M | Add +389.6% |
| IVV iShares Core S&P 500 ETF | 0.17% | 12,358 | $6.5M | Add +3.9% |
| MA Mastercard Inc. Class A | 0.17% | 13,400 | $6.5M | Add +11.9% |
| EEM iShares MSCI Emerging Market | 0.16% | 150,033 | $6.2M | Add +2.1% |
| LLY Eli Lilly & Co. | 0.16% | 7,608 | $5.9M | Add +9.3% |
| SNOW Snowflake Inc. | 0.15% | 35,115 | $5.7M | Add +20.0% |
| JNJ Johnson & Johnson | 0.15% | 35,131 | $5.6M | Add +90.7% |
| IAU iShares Gold Trust | 0.14% | 127,692 | $5.4M | Reduce -5.6% |
| V Visa Inc. Class A | 0.14% | 18,917 | $5.3M | Add +13.5% |
| IWB iShares Russell 1000 ETF | 0.14% | 18,137 | $5.2M | Add +0.0% |
| CVX Chevron Corp. | 0.14% | 32,770 | $5.2M | Add +163.2% |
| DASH DoorDash Inc. Class A | 0.14% | 36,925 | $5.1M | Add +0.3% |
| HD Home Depot Inc. | 0.13% | 12,831 | $4.9M | Add +28.8% |
| OKTA Okta Inc. | 0.13% | 46,040 | $4.8M | Reduce -10.8% |
| COST Costco Wholesale Corp. | 0.12% | 6,299 | $4.6M | Add +4.6% |
| XOM Exxon Mobil Corp. | 0.12% | 39,495 | $4.6M | Add +50.3% |
| UBER Uber Technologies Inc. | 0.12% | 59,537 | $4.6M | Reduce -7.8% |
| IWV iShares Russell 3000 ETF | 0.12% | 15,063 | $4.5M | No change |
| MRK Merck & Co. Inc. | 0.12% | 33,767 | $4.5M | Add +29.7% |
| UNH Unitedhealth Group Inc. | 0.12% | 9,009 | $4.5M | Add +11.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 7 | $4.4M | Add +40.0% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 24,084 | $4.4M | Add +62.2% |
| TSLA Tesla Inc. | 0.12% | 24,834 | $4.4M | Add +9.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.12% | 65,944 | $4.3M | Reduce -79.6% |
| JD Jd.com Inc.-ADR | 0.11% | 154,978 | $4.2M | Add +662.5% |
| HIMS Hims & Hers Health Inc. | 0.11% | 270,784 | $4.2M | Add +187.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.11% | 25,047 | $4.1M | Reduce -2.9% |
| MPC Marathon Petroleum Corp. | 0.11% | 20,007 | $4.0M | Add +495.6% |
| RAMP Liveramp Holdings Inc. | 0.11% | 115,351 | $4.0M | Reduce -0.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 50,649 | $3.8M | No change |
| VGT Vanguard Info Tech ETF | 0.10% | 7,163 | $3.8M | Reduce -7.7% |
| TENB Tenable Holdings Inc. | 0.10% | 73,942 | $3.7M | Add +14.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.10% | 14,971 | $3.6M | No change |
| ABNB Airbnb Inc. Class A | 0.09% | 21,354 | $3.5M | Reduce -25.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.09% | 92,558 | $3.5M | Add +53.5% |
| EEMA iShares MSCI Emerg MRKT Asia | 0.09% | 51,142 | $3.5M | Reduce -23.6% |
| LMT Lockheed Martin Corp. | 0.09% | 7,232 | $3.3M | Add +99.2% |
| PEP Pepsico Inc. | 0.09% | 18,617 | $3.3M | Add +11.7% |
| IWY iShares Russell Top 200 Grow | 0.09% | 16,799 | $3.3M | Add +139.7% |
| ABBV Abbvie Inc. | 0.09% | 17,634 | $3.2M | Reduce -12.9% |
| WFC Wells Fargo & Co. | 0.08% | 54,996 | $3.2M | Add +5.7% |
| ITOT iShares Core S&P Total U.S. | 0.08% | 27,595 | $3.2M | No change |
| DVA Davita Inc. | 0.08% | 23,046 | $3.2M | Reduce -16.5% |
| CSCO Cisco Systems Inc. | 0.08% | 63,603 | $3.2M | Add +3.8% |
| IGV iShares Expanded Tech-Softwa | 0.08% | 37,017 | $3.2M | Reduce -5.0% |
| AMD Advanced Micro Devices | 0.08% | 17,264 | $3.1M | Add +44.2% |
| GLD SPDR Gold Shares | 0.08% | 15,077 | $3.1M | Add +27.3% |
| LIN Linde PLC | 0.08% | 6,258 | $2.9M | Add +17.9% |
| FROG Jfrog Ltd. | 0.08% | 64,547 | $2.9M | Add +478.2% |
| ADBE Adobe Inc. | 0.07% | 5,591 | $2.8M | Add +7.9% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
Total filed on the 13F, all lines: $3.8B.
Portfolio Sells Q4 2023 → Q1 2024
| XLP SS Consumer Staples Sel Sect | Reduce -73.1% | 0.20% | −0.67 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -79.6% | 0.12% | −0.56 |
| XLV SS Health Care Select Sector | Reduce -8.7% | 1.57% | −0.41 |
| PPA Invesco Aerospace & Defense | Reduce -2.5% | 1.64% | −0.26 |
| VGSH Vanguard Short-Term Treasury | Reduce -41.8% | 0.20% | −0.23 |
| PATH Uipath Inc. Class A | Reduce -15.7% | 0.33% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -9.6% | 0.53% | −0.14 |
| SCHP Schwab U.S. Tips ETF | Reduce -7.6% | 0.22% | −0.08 |
| TNET Trinet Group Inc. | Reduce -0.6% | 0.50% | −0.06 |
| EEMA iShares MSCI Emerg MRKT Asia | Reduce -23.6% | 0.09% | −0.05 |
| PTON Peloton Interactive Inc. Class A | Reduce -0.0% | 0.06% | −0.04 |
| RAMP Liveramp Holdings Inc. | Reduce -0.0% | 0.11% | −0.04 |
| ABNB Airbnb Inc. Class A | Reduce -25.5% | 0.09% | −0.04 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.03 |
| KRBN KS Global Carbon Stratgy ETF | Reduce -2.6% | 0.07% | −0.03 |
| VLY Valley National Bancorp | Sold out | 0.00% | −0.03 |
| IAU iShares Gold Trust | Reduce -5.6% | 0.14% | −0.03 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.03 |
| OKTA Okta Inc. | Reduce -10.8% | 0.13% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -41.2% | 0.03% | −0.03 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -9.7% | 0.07% | −0.03 |
| FEZ State Street SPDR Euro Stoxx | Sold out | 0.00% | −0.03 |
| EWG iShares MSCI Germany ETF | Sold out | 0.00% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -7.7% | 0.10% | −0.02 |
| FORGE GLOBAL HOLDINGS INC | Reduce -8.1% | 0.02% | −0.02 |
| ABT Abbott Laboratories | Reduce -8.2% | 0.07% | −0.02 |
| IGV iShares Expanded Tech-Softwa | Reduce -5.0% | 0.08% | −0.02 |
| BA The Boeing Co. | Reduce -17.1% | 0.02% | −0.02 |
| ASHR Xtrackers Harvest Csi 300 CH | Reduce -63.9% | 0.01% | −0.02 |
| MQ Marqeta Inc. | Reduce -0.5% | 0.04% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.9% | 0.11% | −0.02 |
| BOX Box Inc. Class A | Reduce -49.3% | 0.02% | −0.02 |
| ABBV Abbvie Inc. | Reduce -12.9% | 0.09% | −0.02 |
| NKE Nike Inc. Class B | Reduce -10.3% | 0.03% | −0.02 |
| BWFG Bankwell Financial Group Inc. | Reduce -9.3% | 0.02% | −0.01 |
| PEN Penumbra Inc. | Reduce -0.2% | 0.03% | −0.01 |
| XBI SS SPDR S&P Biotech ETF | Reduce -4.0% | 0.06% | −0.01 |
| MQY BlackRock Muniyield Quality | Sold out | 0.00% | −0.01 |
| DVA Davita Inc. | Reduce -16.5% | 0.08% | −0.01 |
| MYI BlackRock Muniyield QLTY III | Sold out | 0.00% | −0.01 |
| IVOL Quadratic Int Rte Vol Infl H | Reduce -15.4% | 0.02% | −0.01 |
| LBRDK Liberty Broadband-C | Sold out | 0.00% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -7.8% | 0.12% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 0.07% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.01 |
| VHT Vanguard Health Care ETF | Reduce -10.1% | 0.03% | −0.01 |
| VNO Vornado Realty Trust | Reduce -28.8% | 0.01% | −0.01 |
| GRN Ipath Series B Carbon ETN | Sold out | 0.00% | −0.01 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.01 |
| SPXL Direxion Daily S&P 500 Bull | Reduce -48.7% | 0.01% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| VGIT Vanguard Intermediate-Term T | Add +92.0% | 4.92% | +1.69 |
| AGG iShares Core U.S. Aggregate | Add +87.6% | 4.52% | +1.48 |
| BILL Bill Holdings Inc. | Add +6023.2% | 0.51% | +0.50 |
| WCLD Wisdomtree Cloud Computing | New | 0.38% | +0.38 |
| QUAL iShares MSCI USA Quality Fac | Add +3740.4% | 0.35% | +0.34 |
| MNDY Monday.com Ltd. | Add +264.1% | 0.33% | +0.24 |
| CRM Salesforce Inc. | Add +114.9% | 0.35% | +0.17 |
| RSP Invesco S&P 500 Equal Weight | Add +22.5% | 3.01% | +0.16 |
| IWF iShares Russell 1000 Growth | Add +29.7% | 1.06% | +0.15 |
| NVDA Nvidia Corp. | Add +1.5% | 0.44% | +0.14 |
| CAT Caterpillar Inc. | Add +389.6% | 0.18% | +0.14 |
| JD Jd.com Inc.-ADR | Add +662.5% | 0.11% | +0.09 |
| MPC Marathon Petroleum Corp. | Add +495.6% | 0.11% | +0.09 |
| HIMS Hims & Hers Health Inc. | Add +187.5% | 0.11% | +0.08 |
| CVX Chevron Corp. | Add +163.2% | 0.14% | +0.08 |
| KWEB Kranesh Csi China Internet | New | 0.06% | +0.06 |
| FROG Jfrog Ltd. | Add +478.2% | 0.08% | +0.06 |
| META Meta Platforms Inc. Class A | Add +21.7% | 0.24% | +0.06 |
| ALL Allstate Corp. | New | 0.06% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +59.4% | 0.20% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +37.5% | 0.23% | +0.05 |
| JNJ Johnson & Johnson | Add +90.7% | 0.15% | +0.05 |
| CP Canadian Pacific Kansas City | Add +565.1% | 0.06% | +0.05 |
| IWY iShares Russell Top 200 Grow | Add +139.7% | 0.09% | +0.05 |
| CLX Clorox Company | New | 0.04% | +0.04 |
| MO Altria Group Inc. | Add +299.6% | 0.05% | +0.04 |
| XOM Exxon Mobil Corp. | Add +50.3% | 0.12% | +0.04 |
| NOBL Proshares S&P 500 Dividend A | New | 0.03% | +0.03 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.03% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +62.2% | 0.12% | +0.03 |
| LMT Lockheed Martin Corp. | Add +99.2% | 0.09% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +167.2% | 0.06% | +0.03 |
| CSX CSX Corp. | Add +237.1% | 0.05% | +0.03 |
| XEL Xcel Energy Inc. | New | 0.03% | +0.03 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +40.0% | 0.12% | +0.03 |
| GXC State Street SPDR S&P China | New | 0.03% | +0.03 |
| ED Consolidated Edison Inc. | Add +238.9% | 0.04% | +0.03 |
| SCHB Schwab US Broad Market ETF | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | Add +94.5% | 0.06% | +0.03 |
| RTX RTX Corp. | Add +92.3% | 0.06% | +0.03 |
| AMZN Amazon.com Inc. | Add +9.7% | 0.60% | +0.03 |
| BAC Bank of America Corp. | Add +53.5% | 0.09% | +0.03 |
| USMV iShares MSCI USA Min Vol Fac | Add +93.4% | 0.06% | +0.03 |
| MRK Merck & Co. Inc. | Add +29.7% | 0.12% | +0.02 |
| AMD Advanced Micro Devices | Add +44.2% | 0.08% | +0.02 |
| T AT&T Inc. | Add +103.4% | 0.06% | +0.02 |
| LLY Eli Lilly & Co. | Add +9.3% | 0.16% | +0.02 |
| OTIS Otis Worldwide Corp. | New | 0.02% | +0.02 |
| INTC Intel Corp. | Add +102.6% | 0.07% | +0.02 |
| FXI iShares China Large-Cap ETF | New | 0.02% | +0.02 |
Notes & Other Activity Q4 2023 → Q1 2024
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | New | 525,656 | $1.2M |
| ASTSW Ast Spacemobile Inc.-CW24 | *W EXP 04/06/202 | Sold out | 16,117 | $70Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,470 | $7.9B | VOO, USFR, AVGO, AAPL, VEA |
| Q1 2026 | 1,439 | $7.0B | VOO, USFR, AVGO, AAPL, VEA |
| Q4 2025 | 1,301 | $5.8B | VOO, USFR, AVGO, AAPL, RSP |
| Q3 2025 | 1,326 | $7.2B | USFR, VOO, AVGO, ISHG, RSP |
| Q2 2025 | 1,114 | $5.8B | USFR, VOO, AVGO, ISHG, RSP |
| Q1 2025 | 423 | $3.0B | USFR, RSP, VGSH, AVGO, VGIT |
| Q4 2024 | 390 | $2.7B | USFR, VGIT, AVGO, RSP, QUAL |
| Q3 2024 | 718 | $4.0B | USFR, VOO, VGIT, AGG, RSP |
| Q2 2024 | 615 | $3.8B | USFR, VOO, VGIT, AGG, RSP |
| Q1 2024 | 611 | $3.8B | USFR, VOO, VGIT, AGG, RSP |