STA

Summit Trail Advisors Portfolio holdings

AUM $3.03B

This Quarter Return

-1.83%

1 Year Return

+10.45%

3 Year Return

+20.43%

5 Year Return

+109.51%

10 Year Return

–

AUM

$3.03B

AUM Growth

+$322M (+12%)

Cap. Flow

+$394M

Cap. Flow % of AUM

13%

Top 10 Holdings %Top 10 Hldgs %

70.83%

Holding

469

New

Increased

236

Reduced

Closed

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	11.01%
2	Financials	6.04%
3	Communication Services	4.09%
4	Consumer Discretionary	1.98%
5	Healthcare	1.91%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
176	176 Paylocity PCTY $10.4B	$890K	0.03%	4,752 +2,747	+137%	+$515K
177	177 Unum UNM $14.2B	$885K	0.03%	10,861 +2,767	+34%	+$225K
178	178 Dominion Energy D $49.1B	$883K	0.03%	15,751 +5,557	+55%	+$312K
179	179 EOG Resources EOG $64.6B	$877K	0.03%	6,837 +2,605	+62%	+$334K
180	180 Roku ROKU $13.4B	$873K	0.03%	12,388 +4,879	+65%	+$344K
181	181 Cheniere Energy LNG $51.4B	$850K	0.03%	3,675 +746	+25%	+$173K
182	182 Box BOX $4.7B	$849K	0.03%	27,504 +908	+3%	+$28K
183	183 Keysight KEYS $28.1B	$819K	0.03%	5,467 +3,196	+141%	+$479K
184	184 Workday WDAY $61.6B	$801K	0.03%	3,428 +1,551	+83%	+$362K
185	185 Expedia Group EXPE $23.1B	$800K	0.03%	4,761 +1,069	+29%	+$180K
186	186 Global X US Infrastructure Development ETF PAVE $8.97B	$794K	0.03%	21,042 -4,325	-17%	-$163K
187	187 Vistra VST $61.8B	$783K	0.03%	6,670 +1,492	+29%	+$175K
188	188 Garmin GRMN $43.4B	$778K	0.03%	3,590 +1,115	+45%	+$242K
189	189 Bankwell Financial Group BWFG $299M	$770K	0.03%	25,523 -300	-1%	-$9.05K
190	190 iShares MSCI Japan ETF EWJ $14.8B	$761K	0.03%	11,103 -2,375	-18%	-$163K
191	191 WESCO International WCC $10B	$759K	0.03%	+4,885	New	+$759K
192	192 Mid-America Apartment Communities MAA $17.6B	$738K	0.02%	4,401 +2,274	+107%	+$381K
193	193 CoStar Group CSGP $35.8B	$736K	0.02%	9,286 +2,197	+31%	+$174K
194	194 Novartis NVS $226B	$734K	0.02%	6,360 +580	+10%	+$67K
195	195 Domino's DPZ $16B	$734K	0.02%	1,597 +976	+157%	+$449K
196	196 Eversource Energy ES $23.8B	$729K	0.02%	11,738 +6,845	+140%	+$425K
197	197 TopBuild BLD $10.4B	$728K	0.02%	+2,388	New	+$728K
198	198 SPDR Portfolio Long Term Treasury ETF SPTL $11.1B	$725K	0.02%	26,578 -38,061	-59%	-$1.04M
199	199 Insight Enterprises NSIT $4.51B	$723K	0.02%	4,819 +521	+12%	+$78.1K
200	200 Zimmer Biomet ZBH $18.8B	$720K	0.02%	6,345 +1,812	+40%	+$206K