SUMMIT TRAIL ADVISORS LLC
Q2 2022 Form 13-F
NEW YORK, NEW YORK
CIK 0001698478
· CRD 220519
· SEC-registered investment adviser
$1.6B Reported Value Total
SUMMIT TRAIL ADVISORS, LLC reports 4,418 total accounts under management (AUM). There are 2,997 discretionary accounts valued at $5,986,166,732, and 1,421 non-discretionary accounts valued at $8,761,397,350.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
21 funds
· $2.1B gross asset value
Hedge Fund: $1.4B · Private Equity Fund: $470.8M · Real Estate Fund: $112.6M · Other: $92.6M
Source: Form ADV filed 2026-09-04
Reported value
$1.6B
Quarter over quarter
-17.8%
Holdings
385
Top-10 concentration
57.6%
Filing Structure
Reports holdings for
- Aristotle International Equity ADR (not a 13F filer in our records) · Q4 2017 – Q1 2018 · declared by one filing
- Atlantic Trust - MLP (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Clearbridge Multi Cap Growth-US Equity (not a 13F filer in our records) · Q4 2017 – Q1 2018 · declared by one filing
- Diamond Hill-US Large Cap Equity (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Earnest Partners Small Cap Value (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Federated Strategic Value-US Equity Income (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Fiduciary Large Cap US Equity (not a 13F filer in our records) · Q4 2017 – Q1 2018 · declared by one filing
- Hamlin Equity Income (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- NB Rachlin-MLPs (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Parametric Portfolio Associates (not a 13F filer in our records) · Q4 2017 – Q1 2018 · declared by one filing
- Pinnacle Associates Small-Mid-US Equity (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Pzena Investment Management (not a 13F filer in our records) · Q4 2017 – Q1 2018 · declared by one filing
- Rice Hall James-Small Cap Opportunities (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Riverbridge Small Cap Growth (not a 13F filer in our records) · Q1 2018 – Q1 2018 · declared by one filing
- Atlantic Trust Investment Advisors Inc (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Diamond Hill Capital Management Inc (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Earnest Partners LLC (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Federated Strategic Value (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Hamlin Capital Management LLC (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Neuberger Berman LLC (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Pinnacle Associates LTD (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Rice Hall James & Associates (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
- Riverbridge Partners (not a 13F filer in our records) · Q4 2017 – Q4 2017 · declared by one filing
Key People
Form ADV owners & control persons
Joseph Erigo
CHIEF COMPLIANCE OFFICER
Jack Barry Petersen
MANAGER/MEMBER
Alan Raboy
CHIEF FINANCIAL OFFICER
Filing Navigation
13F Metrics
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Q2 2022 13F record
Q2 2022 13F filing summary
| Period of report | June 30, 2022 |
|---|---|
| Filed | August 09, 2022 |
| Form | 13F-HR |
| Reported value | $1.6B |
| Positions | 385 |
| Change in reported value | +30.8% |
| New positions | 97 |
| Exited positions | 39 |
| Position turnover | 32.1% |
| Top-10 concentration | 57.6% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 11, 2026
|
1,471 | $7.9B |
|
Q1 2026 13F
Filed May 12, 2026
|
1,441 | $7.0B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
1,303 | $5.8B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
1,328 | $7.2B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
1,116 | $5.8B |
|
Q1 2025 13F
Filed Apr 28, 2025
|
423 | $3.0B |
|
Q4 2024 13F
Filed Jan 29, 2025
|
390 | $2.7B |
|
Q3 2024 13F
Filed Nov 12, 2024
|
719 | $4.0B |
|
Q2 2024 13F
Filed Aug 13, 2024
|
616 | $3.8B |
|
Q1 2024 13F
Filed Apr 23, 2024
|
613 | $3.8B |
|
Q4 2023 13F
Filed Feb 6, 2024
|
559 | $3.0B |
|
Q3 2023 13F
Filed Oct 30, 2023
|
548 | $2.7B |
|
Q2 2023 13F
Filed Jul 25, 2023
|
542 | $2.7B |
|
Q1 2023 13F
Filed May 4, 2023
|
393 | $2.5B |
|
Q4 2022 13F
Filed Feb 7, 2023
|
403 | $2.3B |
|
Q3 2022 13F
Filed Nov 10, 2022
|
377 | $1.8B |
|
Q2 2022 13F
Filed Aug 9, 2022
|
385 | $1.6B |
|
Q1 2022 13F
Filed May 16, 2022
|
327 | $1.2B |
|
Q4 2021 13F
Filed Feb 11, 2022
|
297 | $1.6B |
|
Q3 2021 13F
Filed Nov 16, 2021
|
264 | $1.3B |
15 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | USFR Wisdomtree Floating Rate Treasury ETF (USFR) | $399.2M | 24.68% |
| 2 | VOO Vanguard Index FDS S&P 500 ETF (VOO) | $208.9M | 12.92% |
| 3 | VTV Vanguard Value ETF (VTV) | $84.9M | 5.25% |
| 4 | IVV iShares Core S&P 500 | $40.5M | 2.5% |
| 5 | VWO Vanguard FTSE Emerging Markets ETF (VWO) | $37.2M | 2.3% |
| 6 | RSP Invesco S&P 500 Equal Weight ETF (RSP) | $36.6M | 2.27% |
| 7 | EXPD Expeditors Intl Wash Inc | $34.8M | 2.15% |
| 8 | AVGO Broadcom Inc | $31.7M | 1.96% |
| 9 | EFA iShares MSCI EAFE ETF (EFA) | $29.6M | 1.83% |
| 10 | AAPL Apple Inc Com | $28.8M | 1.78% |
| 11 | DLO Dlocal Limited | $27.3M | 1.69% |
| 12 | KCCA KraneShares California Carbon Allowance (KCCA) | $27.1M | 1.68% |
| 13 | GOOG Alphabet Inc Cap STK CL C | $22.4M | 1.39% |
| 14 | SPY SPDR S&P 500 ETF (SPY) | $21.8M | 1.35% |
| 15 | PPA Invesco Exchange-Traded FD Aerospace & Defense ETF (PPA) | $18.8M | 1.16% |
| 16 | VTI Vanguard Index FDS Vanguard Total STK MKT ETF (VTI) | $18.7M | 1.16% |
| 17 | IVOL Quadratic Intrst RT VLT ETF (IVOL) | $18.0M | 1.11% |
| 18 | KRBN KraneShares Global Carbon ETF (KRBN) | $17.9M | 1.11% |
| 19 | GOOGL Alphabet Inc Cap STK | $17.6M | 1.09% |
| 20 | AMZN Amazon Com Inc | $16.5M | 1.02% |
Values as reported on the Q2 2022 Form 13F. Every position is in the holdings table below.