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Portfolio (Quarterly) Guide ↗

Summit Trail Advisors, LLC

· CIK 0001698478
13F Portfolio $7.0B AUM 1,441 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 199 New 939 Added 237 Reduced 61 Exited
Page 10 of 10  ·  199 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
181 MARA MARA HOLDINGS INC Financial Services 12,250.0 $100K 0.00% NEW $8.16 +66.1%
182 RIG TRANSOCEAN LTD Energy 14,415.0 $96K 0.00% NEW $6.63 +10.7%
183 BBAI BIGBEAR AI HLDGS INC Technology 26,990.0 $95K 0.00% NEW $3.52 +19.3%
184 NTSK NETSKOPE INC Technology 11,077.0 $94K 0.00% NEW $8.49 +36.3%
185 LNKB LINKBANCORP INC Financial Services 11,213.0 $94K 0.00% NEW $8.34 +4.2%
186 NABL N-ABLE INC Technology 19,592.0 $91K 0.00% NEW $4.67 -23.8%
187 NAT NORDIC AMERICAN TANKERS LIMI Industrials 15,400.0 $90K 0.00% NEW $5.86 -6.1%
188 ORC ORCHID IS CAP INC Real Estate 12,294.0 $86K 0.00% NEW $7.03 -2.8%
189 CWH CAMPING WORLD HLDGS INC Consumer Cyclical 12,376.0 $85K 0.00% NEW $6.83 +8.1%
190 STLA STELLANTIS N.V Consumer Cyclical 11,480.0 $80K 0.00% NEW $6.99 +7.7%
191 FRMI FERMI INC Utilities 12,406.0 $72K 0.00% NEW $5.84 +3.8%
192 EPM EVOLUTION PETE CORP Energy 15,504.0 $71K 0.00% NEW $4.58 -0.4%
193 COTY COTY INC Consumer Defensive 22,144.0 $45K 0.00% NEW $2.01 -1.5%
194 ACVA ACV AUCTIONS INC Consumer Cyclical 10,073.0 $43K 0.00% NEW $4.24 +39.1%
195 DNN DENISON MINES CORP Energy 11,395.0 $40K 0.00% NEW $3.53 -9.3%
196 BTBT BIT DIGITAL INC Financial Services 28,418.0 $37K 0.00% NEW $1.31 +48.1%
197 SPLASH BEVERAGE GROUP INC 100,000.0 $36K 0.00% NEW $0.36
198 MAPS WM TECHNOLOGY INC Technology 25,000.0 $16K NEW $0.66 -43.8%
199 WM TECHNOLOGY INC 12,958.0 $45.0 NEW $0.00
Page 10 of 10  ·  199 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.0%
Financial Services 14.4%
Industrials 11.3%
Communication Services 9.4%
Consumer Cyclical 8.6%
Consumer Defensive 7.4%
Healthcare 7.0%
Energy 3.5%
Real Estate 2.4%
Utilities 2.1%