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Asset Manager ← All Institutions

Summit Trail Advisors, LLC

Q4 2025 · Filed 2026-02-17
Market Value
$5.8B
-20.1%
Holdings
1,353
+21
New Purchases
49
Added To
522
Closed
78
Reduced
639
Top 10 Concentration
36.6%
Turnover
9.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVGO 4.36% 3.38% +0.98% $252M
AAPL 2.75% 2.00% +0.75% $158M
VOO 10.58% 10.02% +0.56% $610M
GOOG 1.45% 0.95% +0.51% $84M
GOOGL 1.37% 0.89% +0.48% $79M
ERIE 0.52% 0.13% +0.38% $30M
IWM 0.87% 0.50% +0.38% $50M
META 0.96% 0.60% +0.36% $56M
AKRE 0.31% 0.00% +0.31% $18M
APH 1.55% 1.25% +0.29% $89M
VWO 1.45% 1.22% +0.23% $84M
NVDA 1.90% 1.68% +0.22% $110M
AMZN 1.13% 0.95% +0.18% $65M
SCHB 0.26% 0.08% +0.18% $15M
MSFT 2.07% 1.90% +0.17% $119M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
USFR 7.50% 15.07% -7.57% $433M
VGSH 0.26% 1.94% -1.68% $15M
ISHG 1.39% 2.48% -1.09% $80M
EXPD 0.03% 0.94% -0.92% $2M
IWF 0.26% 0.98% -0.72% $15M
VTI 0.36% 0.69% -0.33% $21M
QUAL 0.09% 0.42% -0.33% $5M
AR 0.01% 0.28% -0.27% $407K
BILL 0.01% 0.22% -0.21% $691K
EPI 0.01% 0.18% -0.17% $379K
IJH 0.16% 0.31% -0.15% $9M
HIMS 0.33% 0.46% -0.13% $19M
RSP 2.22% 2.33% -0.11% $128M
RSPT 0.35% 0.44% -0.09% $20M
JD 0.00% 0.07% -0.07% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 79 $2.3B 40.7%
Large Cap 773 $2.7B 46.5%
Mid Cap 382 $565M 9.8%
Small Cap 90 $142M 2.5%
Micro Cap 29 $30M 0.5%

Portfolio Analytics

Avg Market Cap
$74.6B
Median Market Cap
$15.2B
Avg P/E
34.0
Median P/E
22.9
Avg Dividend Yield
0.02%
Avg Beta
1.00
# Stocks
1,163
# ETFs / Funds
190

Top Holdings (1,353 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VOO 10.58% 972,830 $610M $627.13 -$113M -204,897 -17.4%
2 USFR 7.50% 8,595,674 $433M $50.32 -$655M -13,040,071 -60.3%
3 AVGO 4.36% 727,267 $252M $346.10 $7M -13,311 -1.8%
4 AAPL 2.75% 582,620 $158M $271.86 $14M +15,850 +2.8%
5 RSP 2.22% 669,322 $128M $191.56 -$40M -218,917 -24.6%
6 VEA 2.20% 2,031,147 $127M $62.47 -$31M -596,719 -22.7%
7 MSFT 2.07% 246,887 $119M $483.62 -$18M -18,384 -6.9%
8 NVDA 1.90% 587,377 $110M $186.50 -$12M -61,839 -9.5%
9 APH 1.55% 658,137 $89M $135.41 -$1M -70,560 -9.7%
10 GOOG 1.45% 267,185 $84M $313.80 $16M -13,228 -4.7%
11 VWO 1.45% 1,557,128 $84M $53.76 -$4M -69,019 -4.2%
12 ISHG 1.39% 1,068,524 $80M $75.24 -$99M -1,283,542 -54.6%
13 GOOGL 1.37% 252,336 $79M $313.00 $15M -12,578 -4.8%
14 AMZN 1.13% 282,604 $65M $230.82 -$3M -29,792 -9.5%
15 META 0.96% 84,089 $56M $660.09 $12M +25,005 +42.3%
16 VGIT 0.88% 843,892 $51M $59.93 -$16M -262,356 -23.7%
17 IWM 0.87% 204,295 $50M $246.16 $15M +56,477 +38.2%
18 PLTR 0.87% 281,930 $50M $177.75 -$3M -8,491 -2.9%
19 SPY 0.81% 68,609 $47M $683.92 -$16M -25,142 -26.8%
20 PPA 0.79% 290,567 $46M $156.63 -$1M -8,825 -3.0%
21 KBWB 0.79% 538,212 $45M $84.29 -$5M -100,743 -15.8%
22 AGG 0.76% 441,621 $44M $99.88 $591K +7,528 +1.7%
23 BRK-B 0.64% 73,033 $37M $502.65 -$1M -2,386 -3.2%
24 JPM 0.63% 112,070 $36M $322.22 -$2M -7,970 -6.6%
25 TSLA 0.56% 71,495 $32M $449.72 -$3M -7,007 -8.9%
26 EFA 0.53% 317,326 $30M $96.03 -$6M -74,793 -19.1%
27 AON 0.53% 86,028 $30M $352.88 -$10M -26,273 -23.4%
28 ERIE 0.52% 103,690 $30M $286.65 $20M +74,085 +250.2%
29 APO 0.42% 168,381 $24M $144.76 $1M -5,741 -3.3%
30 CAT 0.41% 41,407 $24M $572.86 $4M -764 -1.8%
31 IAU 0.41% 288,631 $23M $81.17 -$5M -96,684 -25.1%
32 OKTA 0.39% 261,264 $23M $86.47 $2M +35,527 +15.7%
33 LLY 0.38% 20,560 $22M $1,074.71 $6M -906 -4.2%
34 VB 0.38% 85,594 $22M $257.95 -$2M -7,107 -7.7%
35 VT 0.36% 149,078 $21M $141.06 $5M +33,175 +28.6%
36 KCCA 0.36% 1,238,566 $21M $16.81 -$7M -369,305 -23.0%
37 VTI 0.36% 61,638 $21M $335.27 -$29M -90,164 -59.4%
38 RSPT 0.35% 438,733 $20M $45.51 -$11M -266,640 -37.8%
39 IEFA 0.34% 222,236 $20M $89.46 -$375K -9,771 -4.2%
40 HIMS 0.33% 590,445 $19M $32.47 -$14M -151 -0.0%
41 SCHW 0.31% 181,518 $18M $99.91 $147K -6,905 -3.7%
42 AKRE 0.31% 276,478 $18M $65.51 +276,478 NEW
43 EFV 0.29% 238,137 $17M $71.41 $853K
44 JNJ 0.29% 82,169 $17M $206.95 $434K -7,199 -8.1%
45 SPMD 0.29% 291,177 $17M $57.91 -$271K -8,400 -2.8%
46 IWF 0.26% 31,862 $15M $473.31 -$56M -119,196 -78.9%
47 GS 0.26% 17,133 $15M $878.99 -$1M -3,323 -16.2%
48 CRWD 0.26% 32,094 $15M $468.76 -$3M -4,328 -11.9%
49 VGSH 0.26% 252,724 $15M $58.73 -$125M -2,123,621 -89.4%
50 SCHB 0.26% 561,342 $15M $26.23 $9M +350,756 +166.6%
51 XLI 0.25% 94,387 $15M $155.12 -$3M -17,127 -15.4%
52 XOM 0.25% 121,267 $15M $120.34 $658K -2,329 -1.9%
53 WMT 0.24% 126,509 $14M $111.64 $523K -5,458 -4.1%
54 MA 0.24% 24,406 $14M $570.88 -$2M -3,067 -11.2%
55 IVV 0.24% 19,994 $14M $684.93 -$3M -4,651 -18.9%
56 DDOG 0.24% 99,903 $14M $135.99 -$5M -29,070 -22.5%
57 V 0.24% 38,724 $14M $350.71 -$2M -7,869 -16.9%
58 COST 0.24% 15,745 $14M $862.33 -$3M -1,712 -9.8%
59 CRM 0.23% 50,992 $14M $265.33 $2M +1,945 +4.0%
60 DLO 0.23% 940,820 $13M $14.14 -$132K
61 GLD 0.23% 32,988 $13M $396.31 $799K -1,543 -4.5%
62 UBER 0.21% 149,786 $12M $81.71 -$4M -12,387 -7.6%
63 RTX 0.20% 64,172 $12M $183.40 $683K -2,080 -3.1%
64 BBJP 0.20% 177,475 $12M $65.91 -$1M -17,777 -9.1%
65 QQQ 0.20% 18,980 $12M $614.32 -$1M -2,410 -11.3%
66 BAC 0.20% 210,637 $12M $55.00 -$1M -33,637 -13.8%
67 IJR 0.20% 94,643 $11M $120.18 $112K -137 -0.1%
68 DASH 0.19% 49,489 $11M $226.48 -$3M -3,136 -6.0%
69 PM 0.19% 68,880 $11M $161.84 -$1M -6,516 -8.6%
70 MU 0.19% 39,005 $11M $285.52 $4M -3,654 -8.6%
71 ABBV 0.19% 48,458 $11M $228.49 -$249K -435 -0.9%
72 CVX 0.19% 71,149 $11M $152.41 -$607K -2,586 -3.5%
73 HD 0.18% 30,364 $10M $344.10 -$5M -6,532 -17.7%
74 COIN 0.18% 45,670 $10M $226.14 -$7M -4,955 -9.8%
75 BND 0.18% 137,974 $10M $74.07 -$41K
76 ANET 0.18% 77,034 $10M $131.03 -$3M -13,440 -14.9%
77 WFC 0.17% 106,565 $10M $93.20 $534K -5,549 -5.0%
78 VTV 0.17% 51,684 $10M $190.99 -$357K -2,884 -5.3%
79 CSCO 0.17% 126,206 $10M $77.03 $387K -10,221 -7.5%
80 LMT 0.17% 19,967 $10M $483.67 -$192K +237 +1.2%
81 STIP 0.16% 92,070 $9M $102.39 -$766K -6,543 -6.6%
82 IJH 0.16% 139,341 $9M $66.00 -$13M -206,717 -59.7%
83 NFLX 0.16% 97,716 $9M $93.76 -$6M +85,428 +695.2%
84 GE 0.16% 29,563 $9M $308.39 -$213K -1,415 -4.6%
85 BKNG 0.15% 1,615 $9M $5,356.37 -$3M -483 -23.0%
86 ITOT 0.15% 58,119 $9M $148.69 -$205K -2,617 -4.3%
87 VONG 0.15% 69,581 $8M $121.75 $434K +2,880 +4.3%
88 AMD 0.15% 39,306 $8M $214.16 $1M -4,270 -9.8%
89 C 0.14% 70,573 $8M $116.69 $378K -6,840 -8.8%
90 PG 0.14% 56,074 $8M $143.31 -$423K +1,023 +1.9%
91 IEMG 0.14% 117,280 $8M $67.22 -$61K -3,241 -2.7%
92 SOFI 0.14% 300,418 $8M $26.18 $180K +9,550 +3.3%
93 AXP 0.14% 21,063 $8M $369.96 -$194K -2,982 -12.4%
94 ORCL 0.13% 39,871 $8M $194.91 -$5M -5,353 -11.8%
95 SPG 0.13% 41,974 $8M $185.11 -$350K -1,294 -3.0%
96 MRK 0.13% 72,122 $8M $106.06 $692K -10,000 -12.2%
97 WDC 0.13% 43,701 $8M $172.27 $1M -8,518 -16.3%
98 UNH 0.13% 22,399 $7M $330.11 -$2M -5,733 -20.4%
99 LRCX 0.13% 42,532 $7M $171.43 $782K -5,989 -12.3%
100 ABT 0.13% 58,179 $7M $125.29 -$909K -3,031 -5.0%

New Positions

SymbolValue% Port
AKRE $18M 0.31%
Q $2M 0.03%
BSV $1M 0.02%
LLYVA $1M 0.02%
BSMW $802K 0.01%
BSMR $792K 0.01%
XXI $558K 0.01%
VKTX $535K 0.01%
FIGR $518K 0.01%
BSSX $490K 0.01%
BSMV $489K 0.01%
BSMU $489K 0.01%
BSMT $487K 0.01%
OBDC $484K 0.01%
BSMQ $482K 0.01%

Sold Out Positions

SymbolValue% Port
NOK —%
BBVA —%
SE —%
COTY —%
BIPC —%
CHWY —%
ICL —%
NEA —%
DK —%
BTI —%
BE —%
MHD —%
STWD —%
PCQ —%
HPP —%
View SEC EDGAR Filings for Summit Trail Advisors, LLC →

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