SUMMIT TRAIL ADVISORS LLC
Q2 2024 Form 13-F
NEW YORK, NEW YORK
CIK 0001698478
· CRD 220519
· SEC-registered investment adviser
$3.8B Reported Value Total
SUMMIT TRAIL ADVISORS, LLC reports 10,249 total accounts under management (AUM). There are 7,613 discretionary accounts valued at $7,351,611,599, and 2,636 non-discretionary accounts valued at $10,300,018,834.
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
$3.8B
Quarter over quarter
+0.8%
Holdings
616
Top-10 concentration
59.9%
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
Loading 13F Metrics
Q2 2024 13F record
Q2 2024 13F filing summary
| Period of report | June 30, 2024 |
|---|---|
| Filed | August 13, 2024 |
| Form | 13F-HR |
| Reported value | $3.8B |
| Positions | 616 |
| Change in reported value | +1.1% |
| New positions | 72 |
| Exited positions | 69 |
| Position turnover | 20.6% |
| Top-10 concentration | 59.9% |
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 2024
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | USFR Wisdomtree Floating Rate Treasury ETF (USFR) | $1.0B | 26.83% |
| 2 | VOO Vanguard Index FDS S&P 500 ETF (VOO) | $444.3M | 11.68% |
| 3 | VGIT Vanguard Intermediate-Term Treasury ETF (VGIT) | $170.7M | 4.49% |
| 4 | AGG iShares Core U S Aggregate BD ETF (AGG) | $168.8M | 4.44% |
| 5 | RSP Invesco S&P 500 Equal Weight ETF (RSP) | $109.9M | 2.89% |
| 6 | AVGO Broadcom Inc | $106.0M | 2.79% |
| 7 | VWO Vanguard FTSE Emerging Markets ETF (VWO) | $70.2M | 1.85% |
| 8 | AON Aon PLC Com Usd0.01 | $66.1M | 1.74% |
| 9 | PPA Invesco ETF Aerospace & Defense ETF (PPA) | $60.6M | 1.59% |
| 10 | AAPL Apple Inc Com | $60.5M | 1.59% |
| 11 | XLV Health Care Select SPDR (XLV) | $57.1M | 1.5% |
| 12 | MSFT Microsoft Corp Com | $52.1M | 1.37% |
| 13 | VEA Vanguard FTSE Developed Markets ETF (VEA) | $50.9M | 1.34% |
| 14 | IWF iShares TR Russell 1000 Growth Index FD (IWF) | $49.7M | 1.31% |
| 15 | QUAL iShares MSCI USA Quality Factor ETF (QUAL) | $49.1M | 1.29% |
| 16 | EXPD Expeditors Intl Wash Inc | $46.3M | 1.22% |
| 17 | SPY SPDR S&P 500 ETF (SPY) | $40.1M | 1.05% |
| 18 | GOOG Alphabet Inc Cap STK CL C | $36.2M | 0.95% |
| 19 | VTI Vanguard Index FDS Vanguard Total STK MKT ETF (VTI) | $30.4M | 0.8% |
| 20 | CRWD Crowdstrike HLDGS | $27.4M | 0.72% |
Values as reported on the Q2 2024 Form 13F. Every position is in the holdings table below.