Summit Trail Advisors, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Summit Trail Advisors, LLC reported 718 stock positions worth $4.0 billion. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 22.0% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 11.8%) and Vanguard Intermediate-Term T (VGIT, 6.0%). Compared with Q2 2024, it opened 131 new positions, sold out of 28, added to 347 and reduced 195. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +36%) and the biggest sale Wisdomtree Floating Rate Tre (USFR, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001698478
- Portfolio Value
- $4.0B (Q3 2024)
- SEC Filing
- 0001951757-24-001200 ↗ filed Nov 12, 2024
Holdings Value
Holdings 718 stocks · $4.0B
| USFR Wisdomtree Floating Rate Tre | 22.03% | 17,693,937 | $888.6M | Reduce -12.8% |
| VOO Vanguard S&P 500 ETF | 11.75% | 895,784 | $474.1M | Add +1.2% |
| VGIT Vanguard Intermediate-Term T | 5.98% | 3,992,551 | $241.2M | Add +36.2% |
| AGG iShares Core U.S. Aggregate | 4.20% | 1,673,721 | $169.5M | Reduce -3.8% |
| RSP Invesco S&P 500 Equal Weight | 3.27% | 737,284 | $132.1M | Add +10.2% |
| AVGO Broadcom Inc. | 2.85% | 666,622 | $115.0M | Add +0.9% |
| VWO Vanguard Ftse Emerging Marke | 2.00% | 1,687,101 | $80.7M | Add +5.1% |
| AAPL Apple Inc. | 1.83% | 317,612 | $74.0M | Add +10.6% |
| VEA Vanguard Ftse Developed ETF | 1.66% | 1,268,643 | $67.0M | Add +23.1% |
| PPA Invesco Aerospace & Defense | 1.52% | 532,577 | $61.2M | Reduce -9.7% |
| QUAL iShares MSCI USA Quality Fac | 1.49% | 335,061 | $60.1M | Add +16.4% |
| XLV SS Health Care Select Sector | 1.49% | 389,340 | $60.0M | Reduce -0.6% |
| MSFT Microsoft Corp. | 1.32% | 124,178 | $53.4M | Add +6.5% |
| IWF iShares Russell 1000 Growth | 1.32% | 142,216 | $53.4M | Add +4.3% |
| AON Aon PLC Class A | 1.25% | 146,258 | $50.6M | Reduce -35.0% |
| EXPD Expeditors Intl Wash Inc. | 1.21% | 370,993 | $48.7M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.07% | 74,993 | $43.1M | Add +2.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.85% | 120,776 | $34.3M | Add +6.5% |
| GOOG Alphabet Inc. Class C | 0.83% | 201,427 | $33.7M | Add +2.1% |
| KCCA Kraneshares California Carbo | 0.83% | 1,555,928 | $33.5M | Add +48.1% |
| BND Vanguard Total Bond Market | 0.71% | 380,895 | $28.6M | Add +0.7% |
| EFA iShares MSCI Eafe ETF | 0.71% | 341,991 | $28.6M | Add +21.6% |
| NVDA Nvidia Corp. | 0.63% | 209,995 | $25.5M | Add +22.8% |
| GOOGL Alphabet Inc. Class A | 0.59% | 144,124 | $23.9M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 0.57% | 122,470 | $22.8M | Add +10.7% |
| APO Apollo Global Management Inc. | 0.51% | 163,417 | $20.4M | Add +0.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.50% | 71,470 | $20.0M | Reduce -0.2% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.49% | 683,509 | $19.9M | Add +12.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 37,865 | $17.4M | Add +12.0% |
| AR Antero Resources Corp. | 0.41% | 581,076 | $16.6M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.41% | 78,843 | $16.6M | Add +8.4% |
| IWM iShares Russell 2000 ETF | 0.40% | 73,700 | $16.3M | Add +16.2% |
| DDOG Datadog Inc. Class A | 0.39% | 137,000 | $15.8M | Reduce -1.1% |
| CAT Caterpillar Inc. | 0.39% | 39,784 | $15.6M | Reduce -19.1% |
| BILL Bill Holdings Inc. | 0.37% | 280,987 | $14.8M | Add +0.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.36% | 267,303 | $14.6M | Add +2018.4% |
| MNDY Monday.com Ltd. | 0.36% | 52,407 | $14.6M | Reduce -2.0% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 379,705 | $14.1M | Reduce -10.6% |
| EFV iShares MSCI Eafe Value ETF | 0.34% | 238,243 | $13.7M | No change |
| TNET Trinet Group Inc. | 0.33% | 135,878 | $13.2M | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 0.31% | 21,999 | $12.6M | Add +11.8% |
| CRM Salesforce Inc. | 0.29% | 42,741 | $11.7M | Add +8.1% |
| COIN Coinbase Global Inc. Class A | 0.29% | 65,519 | $11.7M | Reduce -7.0% |
| VT Vanguard Tot World STK ETF | 0.29% | 97,085 | $11.6M | Add +11.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.28% | 22,809 | $11.1M | Add +37.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.27% | 136,952 | $11.1M | Add +445.1% |
| IJR iShares Core S&P Small-Cap E | 0.27% | 92,578 | $10.8M | Add +0.0% |
| LMT Lockheed Martin Corp. | 0.26% | 17,931 | $10.5M | Reduce -12.9% |
| EPI Wisdomtree India Earnings | 0.25% | 198,932 | $10.0M | Add +210.0% |
| IAU iShares Gold Trust | 0.23% | 183,389 | $9.1M | Add +27.0% |
| JNJ Johnson & Johnson | 0.21% | 53,162 | $8.6M | Add +15.8% |
| IVV iShares Core S&P 500 ETF | 0.21% | 14,803 | $8.5M | Add +14.7% |
| MA Mastercard Inc. Class A | 0.20% | 16,338 | $8.1M | Add +9.3% |
| UNH Unitedhealth Group Inc. | 0.20% | 13,631 | $8.0M | Add +13.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.19% | 29,458 | $7.8M | Add +33.7% |
| DLO Dlocal Ltd. | 0.19% | 940,820 | $7.5M | No change |
| HD Home Depot Inc. | 0.18% | 18,364 | $7.4M | Add +5.3% |
| ITOT iShares Core S&P Total U.S. | 0.17% | 55,756 | $7.0M | Add +102.0% |
| TSLA Tesla Inc. | 0.17% | 26,746 | $7.0M | Add +29.6% |
| EEM iShares MSCI Emerging Market | 0.17% | 150,550 | $6.9M | Reduce -3.7% |
| CVX Chevron Corp. | 0.17% | 46,015 | $6.8M | Add +8.6% |
| LLY Eli Lilly & Co. | 0.17% | 7,549 | $6.7M | Add +10.5% |
| HIMS Hims & Hers Health Inc. | 0.16% | 358,652 | $6.6M | Reduce -1.8% |
| WCLD Wisdomtree Cloud Computing | 0.16% | 206,024 | $6.6M | Reduce -20.0% |
| KRBN KS Global Carbon Stratgy ETF | 0.15% | 196,178 | $6.2M | Reduce -39.9% |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 30,691 | $6.1M | Add +22.5% |
| IWB iShares Russell 1000 ETF | 0.14% | 18,549 | $5.8M | Add +2.3% |
| COST Costco Wholesale Corp. | 0.14% | 6,573 | $5.8M | Add +3.3% |
| JD Jd.com Inc.-ADR | 0.14% | 144,660 | $5.8M | No change |
| PM Philip Morris International | 0.14% | 46,972 | $5.8M | Reduce -2.3% |
| XOM Exxon Mobil Corp. | 0.14% | 49,169 | $5.8M | Add +23.5% |
| V Visa Inc. Class A | 0.14% | 20,627 | $5.7M | Add +8.4% |
| MO Altria Group Inc. | 0.14% | 107,231 | $5.6M | Add +7.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 139,480 | $5.5M | Add +1.1% |
| DASH DoorDash Inc. Class A | 0.14% | 38,730 | $5.5M | Add +1.6% |
| VGSH Vanguard Short-Term Treasury | 0.13% | 90,866 | $5.4M | Add +14.5% |
| GLD SPDR Gold Shares | 0.13% | 20,993 | $5.1M | Add +89.8% |
| PATH Uipath Inc. Class A | 0.12% | 384,860 | $4.9M | Reduce -0.1% |
| IWV iShares Russell 3000 ETF | 0.12% | 15,077 | $4.9M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 7 | $4.8M | No change |
| ABBV Abbvie Inc. | 0.12% | 24,423 | $4.8M | Add +18.8% |
| UBER Uber Technologies Inc. | 0.12% | 63,139 | $4.7M | Add +4.5% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 72,675 | $4.5M | Add +207.2% |
| VGT Vanguard Info Tech ETF | 0.11% | 7,552 | $4.4M | Add +3.7% |
| SCHW Schwab (charles) Corp. | 0.11% | 67,351 | $4.4M | Reduce -13.1% |
| SCHP Schwab U.S. Tips ETF | 0.10% | 77,431 | $4.2M | Add +2.2% |
| XLP SS Consumer Staples Sel Sect | 0.10% | 49,792 | $4.1M | Reduce -3.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 52,627 | $4.1M | Add +3.4% |
| LIN Linde PLC | 0.10% | 8,517 | $4.1M | Add +27.2% |
| CSCO Cisco Systems Inc. | 0.10% | 75,799 | $4.0M | Add +0.5% |
| VZ Verizon Communications Inc. | 0.10% | 89,353 | $4.0M | Add +1.2% |
| MRK Merck & Co. Inc. | 0.10% | 34,874 | $4.0M | Add +6.6% |
| BKNG Booking Holdings Inc. | 0.10% | 942 | $4.0M | Reduce -0.4% |
| DVA Davita Inc. | 0.09% | 23,309 | $3.8M | Add +1.3% |
| MDLZ Mondelez International Inc. Class A | 0.09% | 50,994 | $3.8M | Reduce -1.8% |
| IWY iShares Russell Top 200 Grow | 0.09% | 17,154 | $3.8M | Add +2.1% |
| PEP Pepsico Inc. | 0.09% | 22,056 | $3.8M | Add +18.3% |
| T AT&T Inc. | 0.09% | 169,934 | $3.7M | Add +3.8% |
| ALL Allstate Corp. | 0.09% | 19,573 | $3.7M | Add +6.8% |
| EEMA iShares MSCI Emerg MRKT Asia | 0.09% | 47,331 | $3.7M | Reduce 0.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $6K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 25,000 | $6K | New |
Total filed on the 13F, all lines: $4.0B.
Portfolio Sells Q2 2024 → Q3 2024
| USFR Wisdomtree Floating Rate Tre | Reduce -12.8% | 22.03% | −4.80 |
| AON Aon PLC Class A | Reduce -35.0% | 1.25% | −0.48 |
| AGG iShares Core U.S. Aggregate | Reduce -3.8% | 4.20% | −0.23 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.2% | 0.50% | −0.22 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −0.13 |
| KRBN KS Global Carbon Stratgy ETF | Reduce -39.9% | 0.15% | −0.13 |
| COIN Coinbase Global Inc. Class A | Reduce -7.0% | 0.29% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -2.2% | 0.59% | −0.11 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.08 |
| DDOG Datadog Inc. Class A | Reduce -1.1% | 0.39% | −0.08 |
| PPA Invesco Aerospace & Defense | Reduce -9.7% | 1.52% | −0.07 |
| SNOW Snowflake Inc. | Reduce -39.2% | 0.07% | −0.07 |
| WCLD Wisdomtree Cloud Computing | Reduce -20.0% | 0.16% | −0.05 |
| FERG Ferguson Jersey Ltd. | Sold out | 0.00% | −0.05 |
| CAT Caterpillar Inc. | Reduce -19.1% | 0.39% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -13.1% | 0.11% | −0.04 |
| OKTA Okta Inc. | Reduce -16.0% | 0.06% | −0.04 |
| TNET Trinet Group Inc. | Reduce -1.5% | 0.33% | −0.04 |
| INTC Intel Corp. | Reduce -21.4% | 0.04% | −0.03 |
| DIS The Walt Disney Co. | Reduce -39.2% | 0.04% | −0.03 |
| HIMS Hims & Hers Health Inc. | Reduce -1.8% | 0.16% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -12.9% | 0.09% | −0.03 |
| RAMP Liveramp Holdings Inc. | Reduce -0.1% | 0.07% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -1.7% | 0.07% | −0.02 |
| F Ford Motor Co. | Reduce -73.2% | 0.01% | −0.02 |
| LZ Legalzoomcom Inc. | Reduce -48.4% | 0.01% | −0.02 |
| PFE Pfizer Inc. | Reduce -16.3% | 0.08% | −0.02 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -14.8% | 0.03% | −0.02 |
| DLTR Dollar Tree Inc. | Reduce -18.9% | 0.01% | −0.01 |
| DVN Devon Energy Corp. | Reduce -43.6% | 0.01% | −0.01 |
| MPC Marathon Petroleum Corp. | Reduce -8.4% | 0.06% | −0.01 |
| BJ Bj's Wholesale Club Holdings | Reduce -28.9% | 0.02% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -0.6% | 1.49% | −0.01 |
| CFG Citizens Financial Group | Reduce -62.5% | 0.01% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.01 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.01 |
| CDNS Cadence Design SYS Inc. | Reduce -21.6% | 0.02% | −0.01 |
| DG Dollar General Corp. | Reduce -30.7% | 0.01% | −0.01 |
| GM General Motors Co. | Reduce -15.3% | 0.03% | −0.01 |
| HAL Halliburton Co. | Reduce -36.1% | 0.01% | −0.01 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.01 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.01 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.01 |
| CVS CVS Health Corp. | Reduce -39.9% | 0.01% | −0.01 |
| VTLE Vital Energy Inc. | Sold out | 0.00% | −0.01 |
| TMUS T-Mobile US Inc. | Reduce -37.7% | 0.02% | −0.01 |
| C Citigroup Inc. | Reduce -7.2% | 0.05% | −0.01 |
| EIPI FT Energy Income ETF | Sold out | 0.00% | −0.01 |
| RIVN Rivian Automotive Inc. Class A | Reduce -62.2% | 0.00% | −0.01 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| VGIT Vanguard Intermediate-Term T | Add +36.2% | 5.98% | +1.49 |
| RSP Invesco S&P 500 Equal Weight | Add +10.2% | 3.27% | +0.39 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +2018.4% | 0.36% | +0.35 |
| VEA Vanguard Ftse Developed ETF | Add +23.1% | 1.66% | +0.32 |
| AAPL Apple Inc. | Add +10.6% | 1.83% | +0.24 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +445.1% | 0.27% | +0.23 |
| KCCA Kraneshares California Carbo | Add +48.1% | 0.83% | +0.21 |
| QUAL iShares MSCI USA Quality Fac | Add +16.4% | 1.49% | +0.20 |
| EPI Wisdomtree India Earnings | Add +210.0% | 0.25% | +0.17 |
| VWO Vanguard Ftse Emerging Marke | Add +5.1% | 2.00% | +0.16 |
| EFA iShares MSCI Eafe ETF | Add +21.6% | 0.71% | +0.13 |
| ITOT iShares Core S&P Total U.S. | Add +102.0% | 0.17% | +0.09 |
| NVDA Nvidia Corp. | Add +22.8% | 0.63% | +0.08 |
| IJH iShares Core S&P Midcap ETF | Add +207.2% | 0.11% | +0.08 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 11.75% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +12.0% | 0.43% | +0.07 |
| RTX RTX Corp. | New | 0.07% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +37.2% | 0.28% | +0.07 |
| TSLA Tesla Inc. | Add +29.6% | 0.17% | +0.07 |
| IWM iShares Russell 2000 ETF | Add +16.2% | 0.40% | +0.07 |
| IBIT iShares Bitcoin Trust ETF | New | 0.07% | +0.07 |
| GLD SPDR Gold Shares | Add +89.8% | 0.13% | +0.06 |
| AVGO Broadcom Inc. | Add +0.9% | 2.85% | +0.06 |
| UDMY Udemy Inc. | Add +939.9% | 0.07% | +0.06 |
| IAU iShares Gold Trust | Add +27.0% | 0.23% | +0.06 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +12.8% | 0.49% | +0.06 |
| META Meta Platforms Inc. Class A | Add +11.8% | 0.31% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.5% | 0.85% | +0.05 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +33.7% | 0.19% | +0.05 |
| KRYS Krystal Biotech Inc. | New | 0.05% | +0.05 |
| EIPX FT Energy Inc. Partners Strat | New | 0.05% | +0.05 |
| QXO Qxo Inc. | New | 0.04% | +0.04 |
| JNJ Johnson & Johnson | Add +15.8% | 0.21% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +13.5% | 0.20% | +0.04 |
| VT Vanguard Tot World STK ETF | Add +11.9% | 0.29% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +22.5% | 0.15% | +0.03 |
| ORCL Oracle Corp. | Add +33.0% | 0.09% | +0.03 |
| DASH DoorDash Inc. Class A | Add +1.6% | 0.14% | +0.03 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | New | 0.03% | +0.03 |
| LOW Lowe's Cos Inc. | Add +27.2% | 0.09% | +0.03 |
| ABBV Abbvie Inc. | Add +18.8% | 0.12% | +0.03 |
| HD Home Depot Inc. | Add +5.3% | 0.18% | +0.03 |
| MA Mastercard Inc. Class A | Add +9.3% | 0.20% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +14.7% | 0.21% | +0.03 |
| WMT Walmart Inc. | Add +25.2% | 0.09% | +0.03 |
| PHYS Sprott Physical Gold Trust | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +8.4% | 0.41% | +0.03 |
| ABT Abbott Laboratories | Add +38.6% | 0.08% | +0.02 |
| LIN Linde PLC | Add +27.2% | 0.10% | +0.02 |
| CRM Salesforce Inc. | Add +8.1% | 0.29% | +0.02 |
Notes & Other Activity Q2 2024 → Q3 2024
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | New | 25,000 | $6K |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 03/18/202 | Sold out | 25,000 | $2Kbefore 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 |