Summit Trail Advisors, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 29, 2025), Summit Trail Advisors, LLC reported 390 stock positions worth $2.7 billion. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 40.6% of the portfolio, followed by Vanguard Intermediate-Term T (VGIT, 8.1%) and Broadcom (AVGO, 5.8%). Compared with Q3 2024, it opened 87 new positions, sold out of 415, added to 218 and reduced 61. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +23%) and the biggest sale an exit from Vanguard S&P 500 ETF (VOO).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001698478
- Portfolio Value
- $2.7B (Q4 2024)
- SEC Filing
- 0001951757-25-000148 ↗ filed Jan 29, 2025
Holdings Value
Holdings 390 stocks · $2.7B
| USFR Wisdomtree Floating Rate Tre | 40.57% | 21,845,010 | $1.1B | Add +23.5% |
| VGIT Vanguard Intermediate-Term T | 8.12% | 3,791,839 | $219.9M | Reduce -5.0% |
| AVGO Broadcom Inc. | 5.80% | 677,992 | $157.2M | Add +1.7% |
| RSP Invesco S&P 500 Equal Weight | 5.30% | 819,821 | $143.7M | Add +11.2% |
| QUAL iShares MSCI USA Quality Fac | 2.30% | 349,459 | $62.2M | Add +4.3% |
| PPA Invesco Aerospace & Defense | 2.28% | 538,504 | $61.8M | Add +1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.69% | 78,000 | $45.9M | Add +4.0% |
| GOOG Alphabet Inc. Class C | 1.55% | 221,255 | $42.1M | Add +9.8% |
| NVDA Nvidia Corp. | 1.55% | 312,177 | $41.9M | Add +48.7% |
| AON Aon PLC Class A | 1.50% | 113,066 | $40.6M | Reduce -22.7% |
| GOOGL Alphabet Inc. Class A | 1.20% | 171,151 | $32.4M | Add +18.8% |
| XLV SS Health Care Select Sector | 1.17% | 230,587 | $31.7M | Reduce -40.8% |
| VGSH Vanguard Short-Term Treasury | 1.08% | 504,019 | $29.3M | Add +454.7% |
| APO Apollo Global Management Inc. | 0.99% | 162,404 | $26.8M | Reduce -0.6% |
| PLTR Palantir Technologies Inc. Class A | 0.98% | 352,011 | $26.6M | Reduce -7.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.91% | 72,455 | $24.8M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 0.79% | 89,722 | $21.5M | Add +13.8% |
| AR Antero Resources Corp. | 0.75% | 581,165 | $20.4M | Add +0.0% |
| KBWB Invesco KBW Bank ETF | 0.74% | 306,642 | $20.0M | New |
| DDOG Datadog Inc. Class A | 0.73% | 137,502 | $19.6M | Add +0.4% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.68% | 338,503 | $18.5M | Add +26.6% |
| META Meta Platforms Inc. Class A | 0.64% | 29,710 | $17.4M | Add +35.0% |
| TSLA Tesla Inc. | 0.57% | 38,066 | $15.4M | Add +42.3% |
| CRM Salesforce Inc. | 0.56% | 45,388 | $15.2M | Add +6.2% |
| COIN Coinbase Global Inc. Class A | 0.53% | 57,351 | $14.2M | Reduce -12.5% |
| MNDY Monday.com Ltd. | 0.44% | 50,413 | $11.9M | Reduce -3.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.41% | 158,726 | $11.2M | Add +201.6% |
| DLO Dlocal Ltd. | 0.39% | 940,820 | $10.6M | No change |
| EPI Wisdomtree India Earnings | 0.36% | 214,606 | $9.7M | Add +7.9% |
| WCLD Wisdomtree Cloud Computing | 0.35% | 255,743 | $9.6M | Add +24.1% |
| MA Mastercard Inc. Class A | 0.35% | 18,201 | $9.6M | Add +11.4% |
| COST Costco Wholesale Corp. | 0.32% | 9,370 | $8.6M | Add +42.5% |
| V Visa Inc. Class A | 0.31% | 26,977 | $8.5M | Add +30.8% |
| UBER Uber Technologies Inc. | 0.30% | 136,166 | $8.2M | Add +115.7% |
| UNH Unitedhealth Group Inc. | 0.30% | 16,003 | $8.1M | Add +17.4% |
| XOM Exxon Mobil Corp. | 0.27% | 68,874 | $7.4M | Add +40.1% |
| DASH DoorDash Inc. Class A | 0.26% | 41,217 | $6.9M | Add +6.4% |
| NFLX Netflix Inc. | 0.22% | 6,703 | $6.0M | Add +30.1% |
| BKNG Booking Holdings Inc. | 0.21% | 1,131 | $5.6M | Add +20.1% |
| MRK Merck & Co. Inc. | 0.21% | 56,022 | $5.6M | Add +60.6% |
| MO Altria Group Inc. | 0.21% | 104,440 | $5.6M | Reduce -2.6% |
| ABBV Abbvie Inc. | 0.19% | 29,476 | $5.2M | Add +20.7% |
| CSCO Cisco Systems Inc. | 0.19% | 88,046 | $5.2M | Add +16.2% |
| GLD SPDR Gold Shares | 0.19% | 21,066 | $5.1M | Add +0.3% |
| IBIT iShares Bitcoin Trust ETF | 0.19% | 94,693 | $5.0M | Add +30.3% |
| JD Jd.com Inc.-ADR | 0.19% | 144,740 | $5.0M | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.19% | 8,069 | $5.0M | Add +6.8% |
| JPST JPMorgan Ultra-Short Income | 0.18% | 94,991 | $4.8M | Add +1490.9% |
| T AT&T Inc. | 0.16% | 196,060 | $4.5M | Add +15.4% |
| PTON Peloton Interactive Inc. Class A | 0.16% | 510,775 | $4.4M | Add +0.1% |
| STIP iShares 0-5 Year Tips Bond E | 0.16% | 43,949 | $4.4M | New |
| SOFI Sofi Technologies Inc. | 0.16% | 277,535 | $4.3M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.16% | 105,702 | $4.2M | Add +18.3% |
| ORCL Oracle Corp. | 0.15% | 25,172 | $4.2M | Add +23.8% |
| IEMG iShares Core MSCI Emerging | 0.15% | 79,128 | $4.1M | Add +617.0% |
| XLP SS Consumer Staples Sel Sect | 0.14% | 49,543 | $3.9M | Reduce -0.5% |
| DVA Davita Inc. | 0.14% | 25,416 | $3.8M | Add +9.0% |
| LIN Linde PLC | 0.14% | 9,023 | $3.8M | Add +5.9% |
| S Sentinelone Inc. Class A | 0.14% | 170,079 | $3.8M | New |
| BX Blackstone Inc. | 0.13% | 21,053 | $3.6M | Add +46.8% |
| RAMP Liveramp Holdings Inc. | 0.13% | 115,924 | $3.5M | Add +0.5% |
| ISRG Intuitive Surgical Inc. | 0.13% | 6,602 | $3.4M | Add +21.1% |
| ACN Accenture PLC Class A | 0.13% | 9,754 | $3.4M | Add +57.8% |
| ADBE Adobe Inc. | 0.12% | 7,136 | $3.2M | Add +1.1% |
| DGRW Wisdomtree U.S. Quality Divi | 0.12% | 38,837 | $3.1M | Add +122.0% |
| GS Goldman Sachs Group Inc. | 0.11% | 5,354 | $3.1M | Add +54.2% |
| BLK BlackRock Inc. | 0.11% | 2,944 | $3.0M | Add +19.3% |
| WOOF Petco Health and Wellness Co. | 0.11% | 750,691 | $2.9M | Reduce -0.5% |
| NOW ServiceNow Inc. | 0.10% | 2,646 | $2.8M | Add +18.9% |
| XLY SS Consumer Disc Select Sect | 0.10% | 11,908 | $2.7M | Add +0.1% |
| MPC Marathon Petroleum Corp. | 0.10% | 18,937 | $2.6M | Add +31.2% |
| COP Conocophillips | 0.10% | 26,126 | $2.6M | Add +8.5% |
| SPGI S&P Global Inc. | 0.09% | 5,050 | $2.5M | Add +47.9% |
| CMCSA Comcast Corp. Class A | 0.09% | 65,915 | $2.5M | Add +13.5% |
| DOCS Doximity Inc. Class A | 0.09% | 45,907 | $2.5M | Reduce -9.2% |
| XLK SS Technology Select Sector | 0.09% | 10,532 | $2.4M | Add +4.6% |
| EIPX FT Energy Inc. Partners Strat | 0.09% | 99,142 | $2.4M | Add +29.0% |
| PATH Uipath Inc. Class A | 0.09% | 190,311 | $2.4M | Reduce -50.5% |
| NEE Nextera Energy Inc. | 0.09% | 32,407 | $2.3M | Add +22.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.08% | 25,907 | $2.3M | No change |
| EMLP First Trust North American E | 0.08% | 61,712 | $2.2M | Add +134.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.08% | 28,951 | $2.2M | Reduce -78.9% |
| MOAT Vaneck Morningstar Wide Moat | 0.08% | 23,203 | $2.2M | New |
| ETN Eaton Corp. PLC | 0.08% | 6,321 | $2.1M | Add +24.4% |
| ACGL Arch Capital Group Ltd. | 0.08% | 22,486 | $2.1M | Add +76.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.07% | 58,231 | $2.0M | Add +1.1% |
| TENB Tenable Holdings Inc. | 0.07% | 48,977 | $1.9M | Add +0.1% |
| QXO Qxo Inc. | 0.07% | 115,967 | $1.8M | Add +1.3% |
| CB Chubb Ltd. | 0.07% | 6,625 | $1.8M | Add +4.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.07% | 4,409 | $1.8M | Add +35.1% |
| TT Trane Technologies PLC | 0.06% | 4,695 | $1.7M | Add +9.7% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.06% | 64,639 | $1.7M | Reduce -90.5% |
| CARR Carrier Global Corp. | 0.06% | 24,240 | $1.7M | Add +10.6% |
| BN Brookfield Corp. | 0.06% | 28,668 | $1.6M | Reduce -2.0% |
| WM Waste Management Inc. | 0.06% | 8,119 | $1.6M | Add +21.7% |
| INDA iShares MSCI India ETF | 0.06% | 31,084 | $1.6M | Reduce -1.0% |
| GM General Motors Co. | 0.06% | 30,400 | $1.6M | Add +11.4% |
| FROG Jfrog Ltd. | 0.06% | 54,873 | $1.6M | Reduce -1.9% |
| XEL Xcel Energy Inc. | 0.06% | 23,853 | $1.6M | Add +8.7% |
| SBAC SBA Communications Corp. | 0.06% | 7,775 | $1.6M | Add +43.4% |
Portfolio Sells Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −11.75 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −4.20 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −2.00 |
| AAPL Apple Inc. | Sold out | 0.00% | −1.83 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −1.66 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.32 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −1.32 |
| EXPD Expeditors Intl Wash Inc. | Sold out | 0.00% | −1.21 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.85 |
| KCCA Kraneshares California Carbo | Sold out | 0.00% | −0.83 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.71 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.71 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.57 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.43 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -90.5% | 0.06% | −0.43 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.40 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.39 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.37 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.34 |
| TNET Trinet Group Inc. | Sold out | 0.00% | −0.33 |
| XLV SS Health Care Select Sector | Reduce -40.8% | 1.17% | −0.32 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.29 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.28 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.27 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.26 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.23 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.21 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.21 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -78.9% | 0.08% | −0.19 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.19 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.18 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.17 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.17 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.17 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.17 |
| HIMS Hims & Hers Health Inc. | Sold out | 0.00% | −0.16 |
| KRBN KS Global Carbon Stratgy ETF | Sold out | 0.00% | −0.15 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.15 |
| IWB iShares Russell 1000 ETF | Sold out | 0.00% | −0.14 |
| PM Philip Morris International | Sold out | 0.00% | −0.14 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.14 |
| IWV iShares Russell 3000 ETF | Sold out | 0.00% | −0.12 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.12 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.11 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.11 |
| SCHP Schwab U.S. Tips ETF | Sold out | 0.00% | −0.10 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.09 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.09 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.09 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| USFR Wisdomtree Floating Rate Tre | Add +23.5% | 40.57% | +18.54 |
| AVGO Broadcom Inc. | Add +1.7% | 5.80% | +2.95 |
| RSP Invesco S&P 500 Equal Weight | Add +11.2% | 5.30% | +2.03 |
| VGSH Vanguard Short-Term Treasury | Add +454.7% | 1.08% | +0.95 |
| NVDA Nvidia Corp. | Add +48.7% | 1.55% | +0.91 |
| QUAL iShares MSCI USA Quality Fac | Add +4.3% | 2.30% | +0.81 |
| PPA Invesco Aerospace & Defense | Add +1.1% | 2.28% | +0.76 |
| KBWB Invesco KBW Bank ETF | New | 0.74% | +0.74 |
| GOOG Alphabet Inc. Class C | Add +9.8% | 1.55% | +0.72 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.0% | 1.69% | +0.62 |
| GOOGL Alphabet Inc. Class A | Add +18.8% | 1.20% | +0.60 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1.4% | 0.91% | +0.42 |
| TSLA Tesla Inc. | Add +42.3% | 0.57% | +0.39 |
| JPM JPMorgan Chase & Co. | Add +13.8% | 0.79% | +0.38 |
| AR Antero Resources Corp. | Add +0.0% | 0.75% | +0.34 |
| DDOG Datadog Inc. Class A | Add +0.4% | 0.73% | +0.33 |
| META Meta Platforms Inc. Class A | Add +35.0% | 0.64% | +0.33 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +26.6% | 0.68% | +0.32 |
| IEFA iShares Core MSCI Eafe ETF | Add +201.6% | 0.41% | +0.31 |
| CRM Salesforce Inc. | Add +6.2% | 0.56% | +0.27 |
| WCLD Wisdomtree Cloud Computing | Add +24.1% | 0.35% | +0.19 |
| UBER Uber Technologies Inc. | Add +115.7% | 0.30% | +0.19 |
| V Visa Inc. Class A | Add +30.8% | 0.31% | +0.17 |
| COST Costco Wholesale Corp. | Add +42.5% | 0.32% | +0.17 |
| JPST JPMorgan Ultra-Short Income | Add +1490.9% | 0.18% | +0.17 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.16% | +0.16 |
| MA Mastercard Inc. Class A | Add +11.4% | 0.35% | +0.15 |
| S Sentinelone Inc. Class A | New | 0.14% | +0.14 |
| IEMG iShares Core MSCI Emerging | Add +617.0% | 0.15% | +0.14 |
| XOM Exxon Mobil Corp. | Add +40.1% | 0.27% | +0.13 |
| NFLX Netflix Inc. | Add +30.1% | 0.22% | +0.13 |
| IBIT iShares Bitcoin Trust ETF | Add +30.3% | 0.19% | +0.12 |
| DASH DoorDash Inc. Class A | Add +6.4% | 0.26% | +0.12 |
| EPI Wisdomtree India Earnings | Add +7.9% | 0.36% | +0.11 |
| BKNG Booking Holdings Inc. | Add +20.1% | 0.21% | +0.11 |
| MRK Merck & Co. Inc. | Add +60.6% | 0.21% | +0.11 |
| PTON Peloton Interactive Inc. Class A | Add +0.1% | 0.16% | +0.10 |
| UNH Unitedhealth Group Inc. | Add +17.4% | 0.30% | +0.10 |
| CSCO Cisco Systems Inc. | Add +16.2% | 0.19% | +0.09 |
| DGRW Wisdomtree U.S. Quality Divi | Add +122.0% | 0.12% | +0.08 |
| BX Blackstone Inc. | Add +46.8% | 0.13% | +0.08 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.08% | +0.08 |
| VGT Vanguard Info Tech ETF | Add +6.8% | 0.19% | +0.08 |
| ABBV Abbvie Inc. | Add +20.7% | 0.19% | +0.07 |
| ACN Accenture PLC Class A | Add +57.8% | 0.13% | +0.07 |
| T AT&T Inc. | Add +15.4% | 0.16% | +0.07 |
| GS Goldman Sachs Group Inc. | Add +54.2% | 0.11% | +0.07 |
| ORCL Oracle Corp. | Add +23.8% | 0.15% | +0.07 |
| GLD SPDR Gold Shares | Add +0.3% | 0.19% | +0.06 |
| ISRG Intuitive Surgical Inc. | Add +21.1% | 0.13% | +0.06 |
Notes & Other Activity Q3 2024 → Q4 2024
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | Sold out | 25,000 | $6Kbefore 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 |