Summit Trail Advisors, LLC

Name: Summit Trail Advisors, LLC 13F holdings, Q4 2024
Creator: Summit Trail Advisors, LLC
Published: 2025-01-29

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

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%
CEG Constellation Energy	0.06%	6,929	$1.5M	Add +23.9%
ZTS Zoetis Inc.	0.06%	9,269	$1.5M	Add +46.9%
DUK Duke Energy Corp.	0.05%	13,787	$1.5M	Add +65.5%
GEV GE Vernova Inc.	0.05%	4,504	$1.5M	Add +20.5%
NCNO Ncino Inc.	0.05%	43,113	$1.4M	Reduce -16.7%
MDT Medtronic PLC	0.05%	17,894	$1.4M	Add +24.3%
ALSN Allison Transmission Holding	0.05%	13,136	$1.4M	Add +25.3%
SPOT Spotify Technology SA	0.05%	3,157	$1.4M	Add +30.2%
FDX FedEx Corp.	0.05%	4,931	$1.4M	Add +0.6%
PYPL PayPal Holdings Inc.	0.05%	16,315	$1.4M	Add +32.8%
CP Canadian Pacific Kansas City	0.05%	18,728	$1.4M	Add +3.7%
DD Dupont DE Nemours Inc.	0.05%	17,414	$1.3M	Add +4.2%
G Genpact Ltd.	0.05%	30,832	$1.3M	Add +50.7%
MDY State Street SPDR S&P Midcap	0.05%	2,274	$1.3M	Add +8.1%
NET Cloudflare Inc. Class A	0.05%	11,838	$1.3M	Add +10.0%
GXC State Street SPDR S&P China	0.05%	16,772	$1.3M	Add +1.9%
ORLY O'reilly Automotive Inc.	0.05%	1,072	$1.3M	Add +29.3%
NOBL Proshares S&P 500 Dividend A	0.05%	12,652	$1.3M	No change
XELB Xcel Brands Inc.	0.05%	2,452,593	$1.2M	Add +9.4%
MNST Monster Beverage Corp.	0.05%	23,490	$1.2M	Add +59.1%
SDY SS SPDR S&P Dividend ETF	0.04%	9,154	$1.2M	No change
PLD Prologis Inc.	0.04%	11,371	$1.2M	Reduce -8.6%
YEXT Yext Inc.	0.04%	188,039	$1.2M	Add +1.9%
HCA HCA Healthcare Inc.	0.04%	3,964	$1.2M	Add +9.8%
AMT American Tower Corp.	0.04%	6,412	$1.2M	Add +1.4%
CTVA Corteva Inc.	0.04%	20,798	$1.2M	Add +1.4%
RCL Royal Caribbean Cruises Ltd.	0.04%	5,091	$1.2M	Add +85.5%
CPNG Coupang Inc.	0.04%	53,010	$1.2M	Reduce -27.8%
ET Energy Transfer LP	0.04%	57,532	$1.1M	Add +64.3%
VHT Vanguard Health Care ETF	0.04%	4,318	$1.1M	No change
ASML ASML Holding NV-NY Reg SHS	0.04%	1,532	$1.1M	Reduce -1.0%
KMI Kinder Morgan Inc.	0.04%	38,451	$1.1M	Add +34.5%
EQIX Equinix Inc.	0.04%	1,107	$1.0M	Add +36.8%
PAVE Global X US Infrastructure	0.04%	25,367	$1.0M	Add +395.0%
MET Metlife Inc.	0.04%	12,558	$1.0M	Add +17.1%
MCK McKesson Corp.	0.04%	1,796	$1.0M	Add +28.2%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC	0.04%	11,444	$1.0M	Add +2.2%
APP AppLovin Corp. Class A	0.04%	3,145	$1.0M	New
SPYG SS SPDR P S&P 500 Growth ETF	0.04%	11,499	$1.0M	Add +7.0%
REGN Regeneron Pharmaceuticals	0.04%	1,396	$994K	Add +0.4%
CME Cme Group Inc.	0.04%	4,134	$986K	Add +14.6%
DFAS Dimensional US Small Cap ETF	0.04%	15,085	$982K	No change
DFAT Dimensional US Target Value	0.04%	17,382	$967K	No change
XHS SS SPDR S&P HC Services ETF	0.03%	10,079	$909K	No change
EWJ iShares MSCI Japan ETF	0.03%	13,478	$904K	New
STWD Starwood Property Trust Inc.	0.03%	46,484	$903K	Add +85.8%
KBDC Kayne Anderson BDC Inc.	0.03%	53,155	$900K	New
XBI SS SPDR S&P Biotech ETF	0.03%	9,796	$882K	Reduce -21.9%
MMM 3M Co.	0.03%	6,753	$872K	Add +58.1%
KKR KKR & Co. Inc.	0.03%	5,871	$868K	Add +48.5%
TRGP Targa Resources Corp.	0.03%	4,797	$856K	Add +19.3%
SPLV Invesco S&P 500 Low Volatili	0.03%	12,102	$847K	No change
BOX Box Inc. Class A	0.03%	26,596	$840K	Add +29.2%
MQ Marqeta Inc.	0.03%	221,151	$838K	Reduce -7.1%
TFI SS SPDR N Ice Muni Bond ETF	0.03%	18,144	$828K	New
SPYV SS SPDR P S&P 500 Value ETF	0.03%	16,097	$823K	No change
GTES Gates Industrial Corp. UK Ltd.	0.03%	39,376	$810K	Add +67.4%
STZ Constellation Brands Inc. Class A	0.03%	3,650	$807K	Add +24.8%
ICE Intercontinental Exchange Inc.	0.03%	5,400	$805K	Add +13.5%
BWFG Bankwell Financial Group Inc.	0.03%	25,823	$804K	Reduce -7.9%
TFC Truist Financial Corp.	0.03%	18,028	$782K	Add +18.4%
FTV Fortive Corp.	0.03%	10,143	$761K	Add +11.2%
PSA Public Storage	0.03%	2,526	$756K	Add +66.6%
COF Capital One Financial Corp.	0.03%	4,194	$748K	Add +61.9%
OTIS Otis Worldwide Corp.	0.03%	8,070	$747K	Add +13.7%
TQQQ Proshares Ultrapro QQQ	0.03%	9,200	$728K	New
CHTR Charter Communications Inc. Class A	0.03%	2,091	$717K	Add +14.5%
VST Vistra Corp.	0.03%	5,178	$714K	Add +52.6%
EWX State Street SPDR S&P Emergi	0.03%	12,095	$709K	No change
CDW CDW Corp.	0.03%	4,040	$703K	Add +1.4%
EXC Exelon Corp.	0.03%	18,484	$696K	Add +23.9%
SMH Vaneck Semiconductor ETF	0.03%	2,869	$695K	Add +0.4%
HLT Hilton Worldwide Holdings Inc.	0.03%	2,804	$693K	Add +0.3%
EXPE Expedia Group Inc.	0.03%	3,692	$688K	New
Z Zillow Group Inc. Class C	0.03%	9,233	$684K	Add +3.9%
SSNC Ss&c Technologies Holdings	0.02%	8,870	$672K	Add +18.7%
PREMIER INC-CLASS A	0.02%	31,509	$668K	New
KRC Kilroy Realty Corp.	0.02%	16,251	$666K	New
TWLO Twilio Inc. Class A	0.02%	6,078	$657K	New
NSIT Insight Enterprises Inc.	0.02%	4,298	$654K	Add +4.7%
KDP Keurig Dr Pepper Inc.	0.02%	20,300	$652K	Reduce -0.9%
DVN Devon Energy Corp.	0.02%	19,904	$651K	Add +80.0%
FIS Fidelity National Info Serv	0.02%	7,982	$645K	Add +56.1%
MSCI MSCI Inc.	0.02%	1,067	$640K	Add +31.7%
LNG Cheniere Energy Inc.	0.02%	2,929	$629K	Add +40.1%
MEAR Ishrs Short Mat Muni Act ETF	0.02%	12,447	$622K	New
YUMC Yum China Holdings Inc.	0.02%	12,795	$616K	New
AFRM Affirm Holdings Inc.	0.02%	9,979	$608K	Add +57.5%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.02%	5,704	$604K	Add +19.4%
LPLA LPL Financial Holdings Inc.	0.02%	1,822	$595K	New
UNM Unum Group	0.02%	8,094	$591K	Add +47.3%
TEL Te Connectivity PLC	0.02%	4,134	$591K	Reduce -6.1%
A Agilent Technologies Inc.	0.02%	4,227	$569K	Add +135.6%
WTM White Mountains Insurance GP	0.02%	292	$568K	Add +28.1%
DK Delek US Holdings Inc.	0.02%	30,553	$565K	New
FCFS Firstcash Holdings Inc.	0.02%	5,446	$564K	Add +43.5%
NVS Novartis AG-Sponsored ADR	0.02%	5,780	$562K	Add +11.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.02%	4,969	$562K	Add +23.8%
ROKU Roku Inc.	0.02%	7,509	$558K	Add +57.7%
LZ Legalzoomcom Inc.	0.02%	73,531	$552K	Add +6.8%
DEO Diageo PLC-Sponsored ADR	0.02%	4,324	$550K	Add +10.0%
D Dominion Energy Inc.	0.02%	10,194	$549K	Add +83.1%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.02%	4,658	$547K	Add +31.1%
RITM Rithm Capital Corp.	0.02%	49,380	$547K	Add +2.0%
ETR Entergy Corp.	0.02%	7,162	$543K	Add +66.3%
EMXC iShares MSCI Emr MRK Ex Chna	0.02%	9,722	$539K	New
JAZZ Jazz Pharmaceuticals PLC	0.02%	4,376	$539K	New
GLRE Greenlight Capital Re Ltd. Class A	0.02%	38,478	$539K	Reduce -0.1%
PAYC Paycom Software Inc.	0.02%	2,615	$536K	Add +15.6%
WELL Welltower Inc.	0.02%	4,185	$527K	Add +21.6%
EOG EOG Resources Inc.	0.02%	4,232	$519K	Add +49.1%
GSBD Goldman Sachs BDC Inc.	0.02%	40,924	$514K	No change
GRMN Garmin Ltd.	0.02%	2,475	$510K	New
FCNCA First Citizens Bcshs Class A	0.02%	241	$508K	Add +19.3%
CSGP Costar Group Inc.	0.02%	7,089	$508K	Add +8.6%
SLM SLM Corp.	0.02%	18,400	$507K	Reduce -3.1%
FOXA Fox Corp. Class A	0.02%	10,275	$499K	New
CNM Core & Main Inc. Class A	0.02%	9,690	$493K	Add +8.6%
ARMK Aramark	0.02%	13,214	$493K	Add +7.5%
PODD Insulet Corp.	0.02%	1,882	$491K	New
ZM Zoom Communications Inc.	0.02%	5,995	$489K	New
CCI Crown Castle Inc.	0.02%	5,360	$486K	Reduce -5.7%
GPN Global Payments Inc.	0.02%	4,336	$486K	Add +15.0%
AMP Ameriprise Financial Inc.	0.02%	911	$485K	Add +10.4%
WDAY Workday Inc. Class A	0.02%	1,877	$484K	Add +74.1%
DKL Delek Logistics Partners LP	0.02%	11,400	$482K	New
ZBH Zimmer Biomet Holdings Inc.	0.02%	4,533	$480K	Add +31.9%
PRI Primerica Inc.	0.02%	1,764	$479K	Add +11.7%
CCO Clear Channel Outdoor Holdin	0.02%	348,234	$477K	No change
NTAP Netapp Inc.	0.02%	4,045	$470K	Add +1.5%
GEHC GE Healthcare Technology	0.02%	5,934	$464K	Add +21.1%
JCI Johnson Controls Internation	0.02%	5,821	$462K	Add +24.0%
MOH Molina Healthcare Inc.	0.02%	1,552	$452K	New
TBIL F/M US Treasury 3 Month Bill	0.02%	9,000	$449K	New
NVCR Novocure Ltd.	0.02%	15,028	$448K	Reduce -21.4%
ATNI Atn International Inc.	0.02%	26,166	$446K	No change
NCLH Norwegian Cruise Line Holdin	0.02%	17,284	$445K	Add +28.4%
BIP Brookfield Infrastructure Pa	0.02%	13,885	$441K	New
WEC WEC Energy Group Inc.	0.02%	4,646	$437K	Add +46.2%
BNDX Vanguard Total Intl Bond ETF	0.02%	8,869	$435K	New
MPB Mid Penn Bancorp Inc.	0.02%	15,066	$435K	Reduce -0.2%
FCX Freeport-McMoran Inc.	0.02%	11,305	$431K	Add +0.5%
EVRG Evergy Inc.	0.02%	6,915	$426K	Add +46.5%
SYF Synchrony Financial	0.02%	6,508	$423K	New
CBRE CBRE Group Inc. Class A	0.02%	3,214	$422K	Add +46.5%
EPAM Epam Systems Inc.	0.02%	1,794	$419K	Add +55.7%
J Jacobs Solutions Inc.	0.02%	3,111	$416K	New
JHG Janus Henderson Group PLC	0.01%	9,538	$406K	New
SPEM State Street SP PTF Em ETF	0.01%	10,566	$405K	No change
PCTY Paylocity Holding Corp.	0.01%	2,005	$400K	New
SG Sweetgreen Inc. Class A	0.01%	12,119	$389K	Reduce -27.4%
BKR Baker Hughes Co.	0.01%	9,340	$383K	Add +44.1%
PPBI Pacific Premier Bancorp Inc.	0.01%	15,371	$383K	New
SPTM SS SPDR P S&P 1500 Comp ETF	0.01%	5,301	$379K	New
BIPC Brookfield Infrastructure-A	0.01%	9,432	$377K	Add +19.6%
KVUE Kenvue Inc.	0.01%	17,651	$377K	Add +60.4%
INCY Incyte Corp.	0.01%	5,452	$377K	Reduce -0.3%
SPSM SS SPDR P S&P 600 Small Cap	0.01%	8,324	$374K	No change
XLF SS Financial Select Sector	0.01%	7,713	$373K	Add +1.5%
VRT Vertiv Holdings Co. Class A	0.01%	3,277	$372K	Add +40.8%
HPE Hewlett Packard Enterprise	0.01%	17,244	$371K	Reduce -11.8%
BABA Alibaba Group Holding-SP ADR	0.01%	4,381	$371K	Add +0.5%
VTRS Viatris Inc.	0.01%	29,646	$369K	Add +33.9%
CBOE Cboe Global Markets Inc.	0.01%	1,887	$369K	Add +22.4%
KEYS Keysight Technologies Inc.	0.01%	2,271	$365K	Add +67.7%
IQV Iqvia Holdings Inc.	0.01%	1,855	$365K	Add +46.3%
FANG Diamondback Energy Inc.	0.01%	2,210	$362K	Add +35.0%
CEF Sprott Physical Gold and Sil	0.01%	15,000	$356K	No change
LYFT LYFT Inc. Class A	0.01%	27,249	$352K	Add +4.5%
VLO Valero Energy Corp.	0.01%	2,838	$348K	Reduce -21.1%
U Unity Software Inc.	0.01%	14,982	$337K	New
SHOP Shopify Inc. Class A	0.01%	3,153	$335K	New
IDXX Idexx Laboratories Inc.	0.01%	810	$335K	Add +3.3%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.01%	8,603	$331K	New
MAA Mid-America Apartment Comm	0.01%	2,127	$329K	New
ALLY Ally Financial Inc.	0.01%	9,043	$326K	Add +30.2%
AB Alliancebernstein Holding LP	0.01%	8,755	$325K	New
STE Steris PLC	0.01%	1,571	$323K	Add +80.0%
TECH Bio-Techne Corp.	0.01%	4,474	$322K	New
WEBL Dirxn DLY DJNS Int BL3 E-Usi	0.01%	12,000	$322K	New
HPQ HP Inc.	0.01%	9,703	$322K	Add +27.7%
BEP Brookfield Renewable Partner	0.01%	13,830	$315K	New
ULTA Ulta Beauty Inc.	0.01%	716	$311K	New
UYG Proshares Ultra Financials	0.01%	3,621	$309K	New
PR Permian Resources Corp. Class A	0.01%	21,430	$308K	Add +12.4%
WEN The Wendy's Co.	0.01%	18,740	$305K	New
AAP Advance Auto Parts Inc.	0.01%	6,440	$305K	New
MRNA Moderna Inc.	0.01%	7,281	$303K	Add +36.0%
ALNY Alnylam Pharmaceuticals Inc.	0.01%	1,285	$302K	Add +13.3%
GSK GSK PLC-Spon ADR	0.01%	8,834	$302K	Add +19.8%
HQY Healthequity Inc.	0.01%	3,128	$300K	Reduce -21.9%
AXS Axis Capital Holdings Ltd.	0.01%	3,369	$300K	New
EQT Eqt Corp.	0.01%	6,496	$300K	Reduce -3.3%
CNX CNX Resources Corp.	0.01%	8,147	$299K	Add +2.4%
VRSK Verisk Analytics Inc.	0.01%	1,071	$295K	Add +18.9%
RH RH	0.01%	743	$292K	New
EVR Evercore Inc. Class A	0.01%	1,053	$292K	Add +4.9%
OMF Onemain Holdings Inc.	0.01%	5,571	$290K	Reduce -11.5%
MTB M & T Bank Corp. filed as M & T BK CORP	0.01%	1,540	$290K	New
PLTK Playtika Holding Corp.	0.01%	40,653	$288K	Add +45.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F	0.01%	5,062	$288K	Add +11.3%
VVV Valvoline Inc.	0.01%	7,851	$284K	Reduce -20.4%
AXON Axon Enterprise Inc.	0.01%	473	$281K	New
ES Eversource Energy	0.01%	4,893	$281K	Add +4.6%
LOPE Grand Canyon Education Inc.	0.01%	1,711	$280K	New
FOUR SHIFT4 Payments Inc. Class A	0.01%	2,700	$280K	Reduce -0.3%
RBA RB Global Inc.	0.01%	3,089	$279K	Add +4.6%
RF Regions Financial Corp.	0.01%	11,648	$278K	New
GTM Zoominfo Technologies Inc.	0.01%	26,394	$277K	Add +30.6%
DGX Quest Diagnostics Inc.	0.01%	1,827	$276K	Reduce -11.9%
XLE SS Energy Select Sector	0.01%	3,201	$274K	New
VLTO Veralto Corp.	0.01%	2,655	$271K	Add +14.1%
SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC	0.01%	4,746	$269K	New
PCG P G & E Corp.	0.01%	13,247	$268K	New
EXR Extra Space Storage Inc.	0.01%	1,774	$265K	Reduce -10.6%
TRU Transunion	0.01%	2,853	$265K	Add +43.9%
WCN Waste Connections Inc.	0.01%	1,541	$264K	Add +1.6%
WTW Willis Towers Watson PLC	0.01%	840	$264K	New
DPZ Domino's Pizza Inc.	0.01%	621	$261K	Reduce -4.3%
DHI D.R. Horton Inc.	0.01%	1,860	$260K	Add +20.7%
CNC Centene Corp.	0.01%	4,248	$257K	Reduce -15.9%
FBIN Fortune Brands Innovations I	0.01%	3,760	$257K	Reduce -45.2%
CAH Cardinal Health Inc.	0.01%	2,172	$257K	Reduce -45.6%
XLB SS Materials Select Sector	0.01%	3,048	$256K	New
NVR NVR Inc.	0.01%	31	$254K	Add +10.7%
DGS Wisdomtree Em Small Cap	0.01%	5,138	$251K	No change
IESC Ies Holdings Inc. filed as IES HLDGS INC	0.01%	1,243	$250K	Add +2.6%
THC Tenet Healthcare Corp.	0.01%	1,973	$249K	Add +3.4%
DBX Dropbox Inc. Class A	0.01%	8,117	$244K	New
SPB Spectrum Brands Holdings Inc.	0.01%	2,809	$237K	New
POOL Pool Corp.	0.01%	690	$235K	Add +10.8%
GLPI Gaming and Leisure Propertie	0.01%	4,854	$234K	New
EXEL Exelixis Inc.	0.01%	6,910	$230K	New
IPGP Ipg Photonics Corp.	0.01%	3,164	$230K	New
AIT Applied Industrial Tech Inc.	0.01%	957	$229K	Reduce -43.9%
ARES Ares Management Corp. Class A	0.01%	1,273	$225K	New
CHWY Chewy Inc. Class A	0.01%	6,728	$225K	New
RDDT Reddit Inc. Class A	0.01%	1,376	$225K	New
MDB Mongodb Inc.	0.01%	962	$224K	New
BERY Berry Global Group Inc.	0.01%	3,423	$221K	New
ICAD Icad Inc.	0.01%	117,000	$214K	New
OZK Bank Ozk	0.01%	4,803	$214K	New
SFM Sprouts Farmers Market Inc.	0.01%	1,679	$213K	New
GRN Ipath Series B Carbon ETN filed as BARCLAYS BANK PLC	0.01%	7,500	$213K	New
FR First Industrial Realty TR	0.01%	4,202	$212K	New
ARCC Ares Capital Corp.	0.01%	9,660	$211K	New
VDE Vanguard Energy ETF	0.01%	1,741	$211K	Reduce -9.2%
NBOS Neuberger Option Strategy Et	0.01%	7,962	$210K	No change
DOC Healthpeak Properties Inc.	0.01%	10,218	$207K	Add +4.4%
CRH CRH PLC	0.01%	2,238	$207K	New
ENPH Enphase Energy Inc.	0.01%	3,002	$206K	New
APTV Aptiv PLC	0.01%	3,408	$206K	Reduce -20.3%
CHRW C.H. Robinson Worldwide Inc.	0.01%	1,980	$206K	New
OVV Ovintiv Inc.	0.01%	5,073	$205K	New
BRX Brixmor Property Group Inc.	0.01%	7,227	$201K	New
SPHQ Invesco S&P 500 Quality ETF	0.01%	3,000	$201K	New
HHH Howard Hughes Holdings Inc.	0.01%	2,614	$201K	Reduce -17.1%
WPC WP Carey Inc.	0.01%	3,617	$201K	New
ELAN Elanco Animal Health Inc.	0.01%	16,428	$199K	New
M Macy's Inc.	0.01%	11,416	$196K	New
MQY BlackRock Muniyield Quality	0.01%	17,178	$191K	Add +6.2%
HCM Hutchmed China-ADR	0.01%	13,090	$189K	Add +14.4%
SMFG Sumitomo Mitsui-Spons ADR	0.01%	12,435	$180K	Reduce -2.9%
BBVA Banco Bilbao Vizcaya-SP ADR	0.01%	17,736	$172K	Add +2.5%
RPC Ridgepost Capital Inc. Class A filed as P10 INC	0.01%	13,500	$170K	No change
MSOS Advisorshares Pure US Cann	0.01%	42,425	$162K	Add +104.5%
TXG 10X Genomics Inc. Class A	0.01%	10,264	$147K	Add +1.8%
XBNYX BlackRock New York Muni Inc.	0.01%	14,350	$146K	New
RIVN Rivian Automotive Inc. Class A	0.01%	10,562	$140K	Reduce -9.6%
CERT Certara Inc.	0.01%	12,971	$138K	New
JPC Nuveen Prefered & Income Opp	0.01%	17,547	$138K	Add +5.2%
AGNC AGNC Investment Corp.	0.01%	14,456	$135K	Add +42.5%
TE T1 Energy Inc. filed as FREYR BATTERY INC	0.00%	50,000	$129K	New
FORGE GLOBAL HOLDINGS INC	0.00%	131,666	$123K	Reduce -49.6%
MFG Mizuho Financial Group-ADR	0.00%	25,016	$122K	Add +2.1%
VKQ Invesco Municipal Trust	0.00%	12,363	$121K	Reduce -1.3%
VGM Invesco Trust for Investmen	0.00%	11,995	$121K	Reduce -1.1%
VMO Invesco Municipal Opport	0.00%	12,307	$120K	Reduce -0.8%
NAD Nuveen Quality Municipal Inc.	0.00%	10,189	$119K	Reduce -1.4%
FSP Franklin Street Properties C	0.00%	63,692	$117K	Reduce -37.7%
MPT Medical Properties Trust Inc.	0.00%	25,561	$103K	Reduce -0.2%
LVROF Lavoro Ltd. Class A	0.00%	20,000	$96K	No change
TDOC Teladoc Health Inc.	0.00%	10,159	$92K	New
SAN Banco Santander SA-Spon ADR	0.00%	19,353	$88K	Add +2.4%
BLND Blend Labs Inc. Class A	0.00%	17,947	$76K	Add +38.1%
ARRY Array Technologies Inc.	0.00%	10,579	$64K	New
THTX Theratechnologies Inc.	0.00%	33,090	$60K	No change
TMC TMC the Metals Co. Inc.	0.00%	34,000	$38K	No change
PGEN Precigen Inc.	0.00%	28,100	$31K	Reduce -73.1%
UP Wheels Up Experience Inc.	0.00%	10,228	$17K	No change

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