— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Summit Trail Advisors, LLC

Q3 2025 · Filed 2025-11-14
Market Value
$7.2B
+24.0%
Holdings
1,332
+201
New Purchases
235
Added To
879
Closed
28
Reduced
120
Top 10 Concentration
43.0%
Turnover
19.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
RSPT 0.44% 0.01% +0.42% $31M
XLI 0.24% 0.00% +0.24% $17M
EXPD 0.94% 0.73% +0.21% $68M
AAPL 2.00% 1.80% +0.20% $144M
BBJP 0.18% 0.00% +0.18% $13M
IJH 0.31% 0.16% +0.16% $23M
GOOGL 0.89% 0.75% +0.15% $64M
GOOG 0.95% 0.83% +0.12% $68M
KBWB 0.69% 0.58% +0.11% $50M
TSLA 0.48% 0.38% +0.10% $35M
VEA 2.18% 2.10% +0.09% $157M
IAU 0.39% 0.30% +0.08% $28M
NVDA 1.68% 1.60% +0.08% $121M
IWF 0.98% 0.90% +0.08% $71M
IEFA 0.28% 0.21% +0.07% $20M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
USFR 15.07% 19.31% -4.24% $1.1B
VOO 10.02% 10.68% -0.66% $723M
QUAL 0.42% 0.90% -0.49% $30M
VGIT 0.92% 1.37% -0.45% $66M
VGSH 1.94% 2.34% -0.41% $140M
ISHG 2.48% 2.89% -0.41% $179M
MSFT 1.90% 2.10% -0.19% $137M
AON 0.55% 0.70% -0.15% $40M
SPY 0.87% 1.00% -0.13% $63M
AMZN 0.95% 1.08% -0.13% $69M
AR 0.28% 0.40% -0.13% $20M
RSP 2.33% 2.45% -0.11% $168M
WCLD 0.00% 0.11% -0.11% $0
XLV 0.06% 0.17% -0.11% $4M
MNDY 0.10% 0.21% -0.11% $8M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 79 $2.5B 35.1%
Large Cap 772 $3.8B 52.2%
Mid Cap 373 $632M 8.8%
Small Cap 86 $248M 3.4%
Micro Cap 22 $35M 0.5%

Portfolio Analytics

Avg Market Cap
$75.6B
Median Market Cap
$15.7B
Avg P/E
33.9
Median P/E
23.0
Avg Dividend Yield
0.02%
Avg Beta
1.03
# Stocks
1,148
# ETFs / Funds
184

Top Holdings (1,332 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 USFR 15.07% 21,635,745 $1.1B $50.27 -$36M -701,752 -3.1%
2 VOO 10.02% 1,177,727 $723M $614.11 $102M +87,333 +8.0%
3 AVGO 3.38% 740,578 $244M $329.91 $44M +13,012 +1.8%
4 ISHG 2.48% 2,352,066 $179M $76.18 $11M +156,661 +7.1%
5 RSP 2.33% 888,239 $168M $189.70 $26M +104,577 +13.3%
6 VEA 2.18% 2,627,866 $157M $59.92 $35M +488,068 +22.8%
7 AAPL 2.00% 566,770 $144M $254.63 $40M +56,761 +11.1%
8 VGSH 1.94% 2,376,345 $140M $58.85 $3M +55,328 +2.4%
9 MSFT 1.90% 265,271 $137M $517.95 $15M +20,107 +8.2%
10 NVDA 1.68% 649,216 $121M $186.59 $28M +60,798 +10.3%
11 APH 1.25% 728,697 $90M $123.91 $19M +9,507 +1.3%
12 VWO 1.22% 1,626,147 $88M $54.18 $13M +102,317 +6.7%
13 IWF 0.98% 151,058 $71M $468.41 $18M +27,705 +22.5%
14 AMZN 0.95% 312,396 $69M $219.57 $6M +24,968 +8.7%
15 GOOG 0.95% 280,413 $68M $243.55 $20M +7,905 +2.9%
16 EXPD 0.94% 554,324 $68M $122.59 $25M +180,010 +48.1%
17 VGIT 0.92% 1,106,248 $66M $60.03 -$13M -228,269 -17.1%
18 GOOGL 0.89% 264,914 $64M $243.10 $21M +18,198 +7.4%
19 SPY 0.87% 93,751 $63M $668.01 $4M -286 -0.3%
20 PLTR 0.73% 290,421 $53M $182.42 $7M -43,653 -13.1%
21 KBWB 0.69% 638,955 $50M $78.21 $16M +165,793 +35.0%
22 VTI 0.69% 151,802 $50M $329.08 $12M +26,110 +20.8%
23 PPA 0.64% 299,392 $47M $155.45 $4M -394 -0.1%
24 AGG 0.60% 434,093 $44M $100.25 $4M +36,559 +9.2%
25 META 0.60% 59,084 $43M $734.38 $5M +7,511 +14.6%
26 AON 0.55% 112,301 $40M $356.58 -$760K -2,074 -1.8%
27 BRK-B 0.53% 75,419 $38M $502.74 $3M +3,373 +4.7%
28 JPM 0.52% 120,040 $38M $315.43 $5M +6,790 +6.0%
29 EFA 0.51% 392,119 $37M $93.37 $4M +23,738 +6.4%
30 IWM 0.50% 147,818 $36M $241.96 $5M +5,074 +3.5%
31 TSLA 0.48% 78,502 $35M $444.72 $13M +8,243 +11.7%
32 HIMS 0.46% 590,596 $33M $56.72 $6M +30,847 +5.5%
33 RSPT 0.44% 705,373 $31M $44.58 $31M +689,124 +4241.0%
34 QUAL 0.42% 154,127 $30M $194.50 -$23M -133,130 -46.4%
35 IAU 0.39% 385,315 $28M $72.77 $10M +101,332 +35.7%
36 KCCA 0.38% 1,607,871 $27M $17.07 $3M +61,078 +4.0%
37 VB 0.33% 92,701 $24M $255.08 -$2M -13,220 -12.5%
38 APO 0.32% 174,122 $23M $133.27 -$347K +8,108 +4.9%
39 IJH 0.31% 346,058 $23M $65.26 $14M +200,097 +137.1%
40 OKTA 0.29% 225,737 $21M $91.70 $5M +64,571 +40.1%
41 IEFA 0.28% 232,007 $20M $87.31 $8M +86,580 +59.5%
42 CAT 0.28% 42,171 $20M $477.15 $4M -158 -0.4%
43 AR 0.28% 592,238 $20M $33.56 -$3M +13,165 +2.3%
44 DDOG 0.25% 128,973 $18M $142.40 $3M +15,026 +13.2%
45 SCHW 0.25% 188,423 $18M $95.47 $2M +8,852 +4.9%
46 CRWD 0.25% 36,422 $18M $490.38 $3M +6,470 +21.6%
47 XLI 0.24% 111,514 $17M $154.23 +111,514 NEW
48 SPMD 0.24% 299,577 $17M $57.19 $304K -9,888 -3.2%
49 COIN 0.24% 50,625 $17M $337.49 -$775K -333 -0.7%
50 JNJ 0.23% 89,368 $17M $185.42 $4M +8,443 +10.4%
51 IVV 0.23% 24,645 $16M $669.29 $2M +1,629 +7.1%
52 LLY 0.23% 21,466 $16M $762.99 $1M +2,244 +11.7%
53 GS 0.23% 20,456 $16M $796.35 $3M +1,282 +6.7%
54 BILL 0.22% 305,698 $16M $52.97 $4M +52,445 +20.7%
55 COST 0.22% 17,457 $16M $925.65 $333K +1,470 +9.2%
56 EFV 0.22% 238,137 $16M $67.83 $1M
57 VT 0.22% 115,903 $16M $137.80 $972K -807 -0.7%
58 V 0.22% 46,593 $16M $341.38 $549K +3,340 +7.7%
59 UBER 0.22% 162,173 $16M $97.97 $916K +1,704 +1.1%
60 MA 0.22% 27,473 $16M $568.82 $1M +2,279 +9.1%
61 HD 0.21% 36,896 $15M $405.19 $3M +4,240 +13.0%
62 NFLX 0.20% 12,288 $15M $1,198.92 $223K +1,453 +13.4%
63 DASH 0.20% 52,625 $14M $271.99 $2M +1,580 +3.1%
64 XOM 0.19% 123,596 $14M $112.75 $2M +10,673 +9.4%
65 WMT 0.19% 131,967 $14M $103.06 $2M +17,917 +15.7%
66 DLO 0.19% 940,820 $13M $14.28 $3M
67 ANET 0.18% 90,474 $13M $145.71 $3M -8,424 -8.5%
68 EPI 0.18% 293,067 $13M $44.20 $1M +49,026 +20.1%
69 BBJP 0.18% 195,252 $13M $66.32 +195,252 NEW
70 QQQ 0.18% 21,390 $13M $601.06 $1M +516 +2.5%
71 ORCL 0.18% 45,224 $13M $281.24 $4M +6,872 +17.9%
72 BAC 0.17% 244,274 $13M $51.59 $2M +29,395 +13.7%
73 GLD 0.17% 34,531 $12M $355.47 $4M +6,647 +23.8%
74 PM 0.17% 75,396 $12M $162.20 -$304K +7,087 +10.4%
75 CRM 0.16% 49,047 $12M $237.42 -$2M +567 +1.2%
76 CVX 0.16% 73,735 $11M $155.29 $3M +11,922 +19.3%
77 BKNG 0.16% 2,098 $11M $5,399.87 $2M +451 +27.4%
78 ABBV 0.16% 48,893 $11M $231.54 $3M +5,855 +13.6%
79 IJR 0.16% 94,780 $11M $118.83 $965K +555 +0.6%
80 RTX 0.15% 66,252 $11M $167.33 $2M +5,394 +8.9%
81 BND 0.14% 137,974 $10M $74.37 $2M +23,768 +20.8%
82 VTV 0.14% 54,568 $10M $187.43 $4M +20,246 +59.0%
83 STIP 0.14% 98,613 $10M $103.36 $3M +30,199 +44.1%
84 LMT 0.14% 19,730 $10M $499.20 $111K -1,296 -6.2%
85 UNH 0.13% 28,132 $10M $345.30 $4M +9,754 +53.1%
86 ERIE 0.13% 29,605 $9M $318.16 $2M +7,667 +35.0%
87 WFC 0.13% 112,114 $9M $83.82 $1M +12,688 +12.8%
88 CSCO 0.13% 136,427 $9M $68.42 $1M +17,030 +14.3%
89 GE 0.13% 30,978 $9M $301.18 $3M +4,610 +17.5%
90 VV 0.13% 29,458 $9M $308.68 $664K
91 ITOT 0.12% 60,736 $9M $145.65 $280K -2,696 -4.2%
92 T 0.12% 302,654 $9M $28.24 $499K +24,570 +8.8%
93 PG 0.12% 55,051 $8M $153.65 $788K +6,904 +14.3%
94 ABT 0.11% 61,210 $8M $133.94 $244K +2,728 +4.7%
95 TNET 0.11% 121,485 $8M $66.89 -$1M -4,552 -3.6%
96 SPG 0.11% 43,268 $8M $187.67 $4M +15,899 +58.1%
97 VONG 0.11% 66,701 $8M $120.50 $669K -776 -1.1%
98 AXP 0.11% 24,045 $8M $332.16 $119K -627 -2.5%
99 IEMG 0.11% 120,521 $8M $65.92 $4M +55,929 +86.6%
100 C 0.11% 77,413 $8M $101.50 $2M +6,681 +9.4%

New Positions

SymbolValue% Port
XLI $17M 0.24%
BBJP $13M 0.18%
MOS $3M 0.04%
MRVL $2M 0.03%
NKE $2M 0.03%
HPE $2M 0.03%
CIBR $2M 0.03%
HPQ $2M 0.03%
GBTC $2M 0.03%
OC $2M 0.03%
H $2M 0.03%
DOX $2M 0.03%
AKAM $2M 0.03%
U $2M 0.03%
ADM $2M 0.03%

Sold Out Positions

SymbolValue% Port
RELX —%
CHH —%
TE —%
MYI —%
CLSK —%
CRWV —%
CSWC —%
AIRS —%
ONDS —%
SPYV —%
PFFD —%
QQQI —%
STTK —%
VTEB —%
WCLD —%
View SEC EDGAR Filings for Summit Trail Advisors, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms