STA

Summit Trail Advisors Portfolio holdings

AUM $3.03B

AUM

$3.03B

AUM Growth

+$322M (+12%)

Cap. Flow

+$410M

Cap. Flow % of AUM

13.52%

Top 10 Holdings %Top 10 Hldgs %

70.83%

Holding

469

New

79

Increased

236

Reduced

74

Closed

46

Top Buys

1	WisdomTree Floating Rate Treasury Fund USFR	$277M
2	Vanguard Short-Term Treasury ETF VGSH	$110M
3	Invesco KBW Bank ETF KBWB	$23M
4	Invesco S&P 500 Equal Weight ETF RSP	$20.1M
5	NVIDIA NVDA	$11.5M

Top Sells

1	Vanguard Intermediate-Term Treasury ETF VGIT	$115M
2	Invesco Aerospace & Defense ETF PPA	$24.4M
3	Health Care Select Sector SPDR Fund XLV	$17.4M
4	Xcel Brands XELB	$6.36M
5	iShares Bitcoin Trust IBIT	$4.03M

Sector Composition

1	Technology	11.04%
2	Financials	6.04%
3	Communication Services	4.34%
4	Healthcare	1.91%
5	Consumer Discretionary	1.7%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
451	451 BlackRock Short Maturity Municipal Bond ETF MEAR $1.04B	$0	0%	0 -12,447	Closed	–
452	452 BlackRock MuniYield Quality Fund MQY $787M	$0	0%	0 -17,178	Closed	–
453	453 Moderna MRNA $10.2B	$0	0%	0 -7,281	Closed	–
454	454 NetApp NTAP $20.2B	$0	0%	0 -4,045	Closed	–
455	455 Ovintiv OVV $9.32B	$0	0%	0 -5,073	Closed	–
456	456 Premier PINC $1.9B	$0	0%	0 -31,509	Closed	–
457	457 Regions Financial RF $19.1B	$0	0%	0 -11,648	Closed	–
458	458 RH RH $3.46B	$0	0%	0 -743	Closed	–
459	459 Spectrum Brands SPB $1.45B	$0	0%	0 -2,809	Closed	–
460	460 Constellation Brands STZ $32.8B	$0	0%	0 -3,650	Closed	–
461	461 US Treasury 3 Month Bill ETF TBIL $5.82B	$0	0%	0 -9,000	Closed	–
462	462 SPDR Nuveen Bloomberg Municipal Bond ETF TFI $3.13B	$0	0%	0 -18,144	Closed	–
463	463 ProShares UltraPro QQQ TQQQ $23.5B	$0	0%	0 -9,200	Closed	–
464	464 Unity U $8.63B	$0	0%	0 -14,982	Closed	–
465	465 Veralto VLTO $24.9B	$0	0%	0 -2,655	Closed	–
466	466 Vertiv VRT $39.7B	$0	0%	0 -3,277	Closed	–
467	467 Direxion Daily Dow Jones Internet Bull 3X Shares WEBL $142M	$0	0%	0 -12,000	Closed	–
468	GTM 468 ZoomInfo Technologies GTM $3.12B	$0	0%	0 -26,394	Closed	–
469	469 Reddit RDDT $18.6B	$0	0%	0 -1,376	Closed	–