Summit Trail Advisors, LLC Form 13F-HR Filed 2023-05-04

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
BOSTON SCIENTIFIC CORP	COM	101137107	260,906	5,215	SH		SOLE		5,215	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	742,726	10,716	SH		SOLE		10,716	0	0
BROOKFIELD ASSET MANAGMT LTD	CL A LMT VTG SHS	113004105	258,521	7,901	SH		SOLE		7,901	0	0
THE CIGNA GROUP	COM	125523100	206,979	810	SH		SOLE		810	0	0
CSX CORP	COM	126408103	299,371	9,999	SH		SOLE		9,999	0	0
CVS HEALTH CORP	COM	126650100	393,471	5,295	SH		SOLE		5,295	0	0
CARLISLE COS INC	COM	142339100	403,761	1,786	SH		SOLE		1,786	0	0
CARMAX INC	COM	143130102	380,730	5,923	SH		SOLE		5,923	0	0
CATERPILLAR INC	COM	149123101	557,454	2,436	SH		SOLE		2,436	0	0
CHEVRON CORP NEW	COM	166764100	864,667	5,300	SH		SOLE		5,300	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	312,617	183	SH		SOLE		183	0	0
CITIGROUP INC	COM NEW	172967424	567,991	12,113	SH		SOLE		12,113	0	0
COCA COLA CO	COM	191216100	734,713	11,786	SH		SOLE		11,786	0	0
CONSOLIDATED EDISON INC	COM	209115104	352,709	3,687	SH		SOLE		3,687	0	0
CUMMINS INC	COM	231021106	242,224	1,014	SH		SOLE		1,014	0	0
DBX ETF TR	XTRACK HRVST CSI	233051879	6,179,828	209,628	SH		SOLE		209,628	0	0
DANAHER CORPORATION	COM	235851102	1,231,798	4,882	SH		SOLE		4,882	0	0
DEERE & CO	COM	244199105	2,205,403	5,326	SH		SOLE		5,326	0	0
DISNEY WALT CO	COM	254687106	1,035,127	10,338	SH		SOLE		10,338	0	0
DOCUSIGN INC	COM	256163106	677,154	11,615	SH		SOLE		11,615	0	0
DOLLAR GEN CORP NEW	COM	256677105	405,347	1,926	SH		SOLE		1,926	0	0
DOLLAR TREE INC	COM	256746108	323,849	2,256	SH		SOLE		2,256	0	0
DONALDSON INC	COM	257651109	455,943	6,978	SH		SOLE		6,978	0	0
DOW INC	COM	260557103	231,347	4,220	SH		SOLE		4,220	0	0
EBAY INC.	COM	278642103	202,461	4,563	SH		SOLE		4,563	0	0
ECOLAB INC	COM	278865100	301,130	1,814	SH		SOLE		1,814	0	0
EMERSON ELEC CO	COM	291011104	394,139	4,523	SH		SOLE		4,523	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	285,185	11,011	SH		SOLE		11,011	0	0
EXPEDITORS INTL WASH INC	COM	302130109	39,349,732	357,335	SH		SOLE		357,335	0	0
FLYWIRE CORPORATION	COM VTG	302492103	218,879	7,455	SH		SOLE		7,455	0	0
FIDUS INVT CORP	COM	316500107	429,113	22,502	SH		SOLE		22,502	0	0
FIRST COMWLTH FINL CORP PA	COM	319829107	273,522	22,005	SH		SOLE		22,005	0	0
FISERV INC	COM	337738108	612,962	5,423	SH		SOLE		5,423	0	0
FORD MTR CO DEL	COM	345370860	234,259	18,592	SH		SOLE		18,592	0	0
GENERAL DYNAMICS CORP	COM	369550108	207,597	910	SH		SOLE		910	0	0
GENERAL ELECTRIC CO	COM NEW	369604301	582,013	6,088	SH		SOLE		6,088	0	0
GENERAL MLS INC	COM	370334104	255,184	2,986	SH		SOLE		2,986	0	0
GILEAD SCIENCES INC	COM	375558103	739,698	8,915	SH		SOLE		8,915	0	0
GREEN BRICK PARTNERS INC	COM	392709101	2,818,824	80,400	SH		SOLE		80,400	0	0
HASHICORP INC	COM CL A	418100103	2,897,132	98,912	SH		SOLE		98,912	0	0
HIMS & HERS HEALTH INC	COM CL A	433000106	934,593	94,213	SH		SOLE		94,213	0	0
HIREQUEST INC	COM	433535101	1,350,530	62,611	SH		SOLE		62,611	0	0
HOME DEPOT INC	COM	437076102	1,937,632	6,566	SH		SOLE		6,566	0	0
HONEYWELL INTL INC	COM	438516106	594,635	3,111	SH		SOLE		3,111	0	0
HOULIHAN LOKEY INC	CL A	441593100	352,497	4,029	SH		SOLE		4,029	0	0
HUMANA INC	COM	444859102	330,125	679	SH		SOLE		679	0	0
ILLINOIS TOOL WKS INC	COM	452308109	354,384	1,448	SH		SOLE		1,448	0	0
INTEL CORP	COM	458140100	664,655	20,345	SH		SOLE		20,345	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	631,606	4,818	SH		SOLE		4,818	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	661,829	17,772	SH		SOLE		17,772	0	0
INTUIT	COM	461202103	467,534	1,049	SH		SOLE		1,049	0	0
ISHARES GOLD TR	ISHARES NEW	464285204	17,385,389	465,223	SH		SOLE		465,223	0	0
ISHARES INC	MSCI EM ASIA ETF	464286426	15,556,156	234,103	SH		SOLE		234,103	0	0
ISHARES INC	MSCI GERMANY ETF	464286806	711,500	25,000	SH		SOLE		25,000	0	0
ISHARES TR	CORE S&P TTL STK	464287150	2,498,727	27,595	SH		SOLE		27,595	0	0
ISHARES TR	SELECT DIVID ETF	464287168	5,560,643	47,454	SH		SOLE		47,454	0	0
ISHARES TR	CORE S&P500 ETF	464287200	7,262,459	17,667	SH		SOLE		17,667	0	0
ISHARES TR	CORE US AGGBD ET	464287226	30,472,130	305,822	SH		SOLE		305,822	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	1,018,366	25,808	SH		SOLE		25,808	0	0
ISHARES TR	MSCI EAFE ETF	464287465	18,570,589	259,656	SH		SOLE		259,656	0	0
ISHARES TR	RUS MD CP GR ETF	464287481	277,247	3,045	SH		SOLE		3,045	0	0
ISHARES TR	RUS MID CAP ETF	464287499	360,852	5,161	SH		SOLE		5,161	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	282,180	1,128	SH		SOLE		1,128	0	0
ISHARES TR	EXPANDED TECH	464287515	3,183,800	10,449	SH		SOLE		10,449	0	0
ISHARES TR	RUS 1000 VAL ETF	464287598	771,349	5,066	SH		SOLE		5,066	0	0
ISHARES TR	S&P MC 400GR ETF	464287606	1,400,920	19,591	SH		SOLE		19,591	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	8,444,289	34,561	SH		SOLE		34,561	0	0
ISHARES TR	RUS 1000 ETF	464287622	7,111,412	31,574	SH		SOLE		31,574	0	0
ISHARES TR	RUS 2000 VAL ETF	464287630	262,804	1,918	SH		SOLE		1,918	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	374,933	1,653	SH		SOLE		1,653	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	11,335,329	63,539	SH		SOLE		63,539	0	0
ISHARES TR	U.S. FINLS ETF	464287788	222,953	3,134	SH		SOLE		3,134	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	9,417,648	97,390	SH		SOLE		97,390	0	0
ISHARES TR	MSCI ACWI EX US	464288240	942,285	19,321	SH		SOLE		19,321	0	0
ISHARES TR	MSCI ACWI ETF	464288257	1,329,519	14,584	SH		SOLE		14,584	0	0
ISHARES TR	EAFE SML CP ETF	464288273	2,879,451	48,386	SH		SOLE		48,386	0	0
ISHARES TR	U.S. MED DVC ETF	464288810	802,467	14,866	SH		SOLE		14,866	0	0
ISHARES TR	US OIL GS EX ETF	464288851	249,622	2,909	SH		SOLE		2,909	0	0
ISHARES TR	EAFE VALUE ETF	464288877	11,557,031	238,142	SH		SOLE		238,142	0	0
ISHARES TR	RUS TP200 GR ETF	464289438	872,619	6,281	SH		SOLE		6,281	0	0
JOHNSON & JOHNSON	COM	478160104	1,901,190	12,266	SH		SOLE		12,266	0	0
KLA CORP	COM NEW	482480100	255,868	641	SH		SOLE		641	0	0
KIMBERLY-CLARK CORP	COM	494368103	475,407	3,511	SH		SOLE		3,511	0	0
KONINKLIJKE PHILIPS N V	NY REGIS SHS NEW	500472303	224,054	12,210	SH		SOLE		12,210	0	0
KRANESHARES TR	CALIFORNIA CARB	500767553	38,206,544	1,602,623	SH		SOLE		1,602,623	0	0
KRANESHARES TR	GLOBAL CARB STRA	500767678	880,731	22,213	SH		SOLE		22,213	0	0
KRANESHARES TR	QUADRTC INT RT	500767736	6,739,971	296,654	SH		SOLE		296,654	0	0
L3HARRIS TECHNOLOGIES INC	COM	502431109	594,414	3,029	SH		SOLE		3,029	0	0
LAM RESEARCH CORP	COM	512807108	236,549	445	SH		SOLE		445	0	0
VITAL ENERGY INC	COM	516806205	327,387	7,189	SH		SOLE		7,189	0	0
LAUDER ESTEE COS INC	CL A	518439104	330,011	1,339	SH		SOLE		1,339	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	322,061	3,942	SH		SOLE		3,942	0	0
LILLY ELI & CO	COM	532457108	1,065,976	3,104	SH		SOLE		3,104	0	0
LOCKHEED MARTIN CORP	COM	539830109	967,490	2,047	SH		SOLE		2,047	0	0
LOWES COS INC	COM	548661107	837,674	4,189	SH		SOLE		4,189	0	0
MARSH & MCLENNAN COS INC	COM	571748102	326,271	1,959	SH		SOLE		1,959	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	403,368	1,136	SH		SOLE		1,136	0	0
MCDONALDS CORP	COM	580135101	574,112	2,053	SH		SOLE		2,053	0	0
MICROSOFT CORP	COM	594918104	14,929,243	51,784	SH		SOLE		51,784	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	227,519	2,716	SH		SOLE		2,716	0	0
MICRON TECHNOLOGY INC	COM	595112103	455,669	7,552	SH		SOLE		7,552	0	0
MONDELEZ INTL INC	CL A	609207105	439,625	6,270	SH		SOLE		6,270	0	0
MORGAN STANLEY	COM NEW	617446448	833,307	9,491	SH		SOLE		9,491	0	0
NATIONAL INSTRS CORP	COM	636518102	390,874	7,458	SH		SOLE		7,458	0	0
NIKE INC	CL B	654106103	927,203	7,541	SH		SOLE		7,541	0	0
NOVO-NORDISK A S	ADR	670100205	310,766	1,941	SH		SOLE		1,941	0	0
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	425,206	38,118	SH		SOLE		38,118	0	0
OCCIDENTAL PETE CORP	COM	674599105	269,085	4,298	SH		SOLE		4,298	0	0
OKTA INC	CL A	679295105	3,972,559	46,064	SH		SOLE		46,064	0	0
OLLIES BARGAIN OUTLET HLDGS	COM	681116109	396,773	6,848	SH		SOLE		6,848	0	0
PNC FINL SVCS GROUP INC	COM	693475105	224,655	1,768	SH		SOLE		1,768	0	0
PALO ALTO NETWORKS INC	COM	697435105	286,227	1,433	SH		SOLE		1,433	0	0
PARKER-HANNIFIN CORP	COM	701094104	334,486	995	SH		SOLE		995	0	0
PAYCHEX INC	COM	704326107	499,269	4,357	SH		SOLE		4,357	0	0
PEPSICO INC	COM	713448108	2,068,363	11,346	SH		SOLE		11,346	0	0
PFIZER INC	COM	717081103	1,996,946	48,945	SH		SOLE		48,945	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,118,721	11,360	SH		SOLE		11,360	0	0
PLEXUS CORP	COM	729132100	410,770	4,210	SH		SOLE		4,210	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,139,325	7,662	SH		SOLE		7,662	0	0
PROGRESSIVE CORP	COM	743315103	401,166	2,804	SH		SOLE		2,804	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	329,177	5,271	SH		SOLE		5,271	0	0
QUALCOMM INC	COM	747525103	628,233	4,924	SH		SOLE		4,924	0	0
ROBERT HALF INTL INC	COM	770323103	468,031	5,809	SH		SOLE		5,809	0	0
S & T BANCORP INC	COM	783859101	572,516	18,204	SH		SOLE		18,204	0	0
SABINE RTY TR	UNIT BEN INT	785688102	610,385	8,500	SH		SOLE		8,500	0	0
HENRY SCHEIN INC	COM	806407102	573,797	7,037	SH		SOLE		7,037	0	0
SCHLUMBERGER LTD	COM STK	806857108	278,309	5,645	SH		SOLE		5,645	0	0
SCHWAB CHARLES CORP	COM	808513105	1,318,509	25,172	SH		SOLE		25,172	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	402,161	5,497	SH		SOLE		5,497	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	342,989	9,856	SH		SOLE		9,856	0	0
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	3,922,316	73,164	SH		SOLE		73,164	0	0
SHERWIN WILLIAMS CO	COM	824348106	321,197	1,429	SH		SOLE		1,429	0	0
SIMPSON MFG INC	COM	829073105	354,905	3,237	SH		SOLE		3,237	0	0
SKECHERS U S A INC	CL A	830566105	492,165	10,357	SH		SOLE		10,357	0	0
SNOWFLAKE INC	CL A	833445109	5,404,624	35,029	SH		SOLE		35,029	0	0
SONY GROUP CORPORATION	SPONSORED ADR	835699307	391,348	4,317	SH		SOLE		4,317	0	0
SOUTHERN CO	COM	842587107	441,678	6,348	SH		SOLE		6,348	0	0
STARBUCKS CORP	COM	855244109	767,613	7,372	SH		SOLE		7,372	0	0
STEEL CONNECT INC	COM	858098106	193,322	169,581	SH		SOLE		169,581	0	0
STRYKER CORPORATION	COM	863667101	833,680	2,913	SH		SOLE		2,913	0	0
SYSCO CORP	COM	871829107	424,919	5,502	SH		SOLE		5,502	0	0
TJX COS INC NEW	COM	872540109	898,711	11,469	SH		SOLE		11,469	0	0
T-MOBILE US INC	COM	872590104	314,448	2,171	SH		SOLE		2,171	0	0
TEXAS INSTRS INC	COM	882508104	848,578	4,562	SH		SOLE		4,562	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,125,113	1,951	SH		SOLE		1,951	0	0
TOAST INC	CL A	888787108	1,799,939	101,405	SH		SOLE		101,405	0	0
TRANSDIGM GROUP INC	COM	893641100	473,923	643	SH		SOLE		643	0	0
TRIMAS CORP	COM NEW	896215209	408,734	14,671	SH		SOLE		14,671	0	0
TRINET GROUP INC	COM	896288107	12,338,247	153,061	SH		SOLE		153,061	0	0
TYLER TECHNOLOGIES INC	COM	902252105	914,971	2,580	SH		SOLE		2,580	0	0
US BANCORP DEL	COM NEW	902973304	367,606	10,063	SH		SOLE		10,063	0	0
UNILEVER PLC	SPON ADR NEW	904767704	547,810	10,549	SH		SOLE		10,549	0	0
UNION PAC CORP	COM	907818108	550,050	2,733	SH		SOLE		2,733	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	713,689	3,679	SH		SOLE		3,679	0	0
VANGUARD SPECIALIZED FUNDS	DIV APP ETF	921908844	2,148,439	13,950	SH		SOLE		13,950	0	0
VANGUARD ADMIRAL FDS INC	500 VAL IDX FD	921932703	1,016,031	6,926	SH		SOLE		6,926	0	0
VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	921943858	18,292,066	404,961	SH		SOLE		404,961	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	4,749,081	51,570	SH		SOLE		51,570	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	254,785	4,765	SH		SOLE		4,765	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	40,492,825	1,002,298	SH		SOLE		1,002,298	0	0
VARONIS SYS INC	COM	922280102	531,358	20,429	SH		SOLE		20,429	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	238,735,264	634,816	SH		SOLE		634,816	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	1,735,247	10,930	SH		SOLE		10,930	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	4,446,405	21,081	SH		SOLE		21,081	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	2,796,733	14,971	SH		SOLE		14,971	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	1,434,154	5,749	SH		SOLE		5,749	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	15,964,548	115,593	SH		SOLE		115,593	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	1,512,663	7,980	SH		SOLE		7,980	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	19,876,941	97,388	SH		SOLE		97,388	0	0
WABTEC	COM	929740108	260,128	2,574	SH		SOLE		2,574	0	0
WALMART INC	COM	931142103	858,653	5,809	SH		SOLE		5,809	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	360,625	10,429	SH		SOLE		10,429	0	0
WARNER BROS DISCOVERY INC	COM SER A	934423104	226,002	14,967	SH		SOLE		14,967	0	0
WATERS CORP	COM	941848103	318,919	1,030	SH		SOLE		1,030	0	0
WELLS FARGO CO NEW	COM	949746101	2,492,349	66,676	SH		SOLE		66,676	0	0
WESTERN MIDSTREAM PARTNERS L	COM UNIT LP INT	958669103	226,545	8,591	SH		SOLE		8,591	0	0
ZIONS BANCORPORATION N A	COM	989701107	246,474	8,235	SH		SOLE		8,235	0	0
AFLAC INC	COM	001055102	409,444	6,346	SH		SOLE		6,346	0	0
AT&T INC	COM	00206R102	779,492	40,493	SH		SOLE		40,493	0	0
ATN INTL INC	COM	00215F107	313,740	7,628	SH		SOLE		7,628	0	0
ABBOTT LABS	COM	002824100	1,153,322	11,390	SH		SOLE		11,390	0	0
ABBVIE INC	COM	00287Y109	1,062,201	6,665	SH		SOLE		6,665	0	0
ABRDN SILVER ETF TRUST	PHYSCL SILVR SHS	003264108	512,649	22,183	SH		SOLE		22,183	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	278,595	3,255	SH		SOLE		3,255	0	0
ADOBE SYSTEMS INCORPORATED	COM	00724F101	1,381,166	3,584	SH		SOLE		3,584	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	800,938	8,172	SH		SOLE		8,172	0	0
AIRBNB INC	COM CL A	009066101	5,027,502	40,414	SH		SOLE		40,414	0	0
AIR PRODS & CHEMS INC	COM	009158106	380,894	1,321	SH		SOLE		1,321	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	462,875	4,530	SH		SOLE		4,530	0	0
ALIGN TECHNOLOGY INC	COM	016255101	440,731	1,319	SH		SOLE		1,319	0	0
ALLISON TRANSMISSION HLDGS I	COM	01973R101	371,285	8,207	SH		SOLE		8,207	0	0
ALPHABET INC	CAP STK CL C	02079K107	19,338,711	185,949	SH		SOLE		185,949	0	0
ALPHABET INC	CAP STK CL A	02079K305	16,911,724	163,036	SH		SOLE		163,036	0	0
ALTRIA GROUP INC	COM	02209S103	612,371	13,447	SH		SOLE		13,447	0	0
AMAZON COM INC	COM	023135106	15,205,734	147,214	SH		SOLE		147,214	0	0
AMERICAN ELEC PWR CO INC	COM	025537101	256,700	2,821	SH		SOLE		2,821	0	0
AMERICAN EXPRESS CO	COM	025816109	973,370	5,901	SH		SOLE		5,901	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	311,482	6,185	SH		SOLE		6,185	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	468,143	2,291	SH		SOLE		2,291	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	320,813	2,190	SH		SOLE		2,190	0	0
AMETEK INC	COM	031100100	758,623	5,220	SH		SOLE		5,220	0	0
AMGEN INC	COM	031162100	569,293	2,355	SH		SOLE		2,355	0	0
AMPHENOL CORP NEW	CL A	032095101	237,822	2,903	SH		SOLE		2,903	0	0
AMPLITUDE INC	COM CL A	03213A104	390,417	31,384	SH		SOLE		31,384	0	0
ANALOG DEVICES INC	COM	032654105	677,654	3,436	SH		SOLE		3,436	0	0
ANTERO RESOURCES CORP	COM	03674X106	8,343,479	361,346	SH		SOLE		361,346	0	0
ELEVANCE HEALTH INC	COM	036752103	619,368	1,347	SH		SOLE		1,347	0	0
APOLLO GLOBAL MGMT INC	COM	03769M106	10,334,618	163,626	SH		SOLE		163,626	0	0
APPLE INC	COM	037833100	35,257,339	213,810	SH		SOLE		213,810	0	0
APPLIED INDL TECHNOLOGIES IN	COM	03820C105	333,579	2,347	SH		SOLE		2,347	0	0
APPLIED MATLS INC	COM	038222105	524,611	4,271	SH		SOLE		4,271	0	0
APTARGROUP INC	COM	038336103	224,679	1,901	SH		SOLE		1,901	0	0
ARROW ELECTRS INC	COM	042735100	367,118	2,940	SH		SOLE		2,940	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	354,032	5,101	SH		SOLE		5,101	0	0
AUTODESK INC	COM	052769106	364,072	1,749	SH		SOLE		1,749	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	631,786	2,822	SH		SOLE		2,822	0	0
BJS WHSL CLUB HLDGS INC	COM	05550J101	446,835	5,874	SH		SOLE		5,874	0	0
BANK AMERICA CORP	COM	060505104	1,479,778	51,740	SH		SOLE		51,740	0	0
BANKWELL FINL GROUP INC	COM	06654A103	1,188,184	47,795	SH		SOLE		47,795	0	0
BEACON ROOFING SUPPLY INC	COM	073685109	378,935	6,439	SH		SOLE		6,439	0	0
BECTON DICKINSON & CO	COM	075887109	201,996	816	SH		SOLE		816	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	465,600	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	7,491,687	24,263	SH		SOLE		24,263	0	0
BILL HOLDINGS INC	COM	090043100	999,077	12,313	SH		SOLE		12,313	0	0
BLACKROCK INC	COM	09247X101	708,023	1,058	SH		SOLE		1,058	0	0
BLACKROCK MUNIYILD QULT FD I	COM	09254F100	334,773	29,032	SH		SOLE		29,032	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	220,735	11,951	SH		SOLE		11,951	0	0
BLACKSTONE INC	COM	09260D107	1,155,065	13,150	SH		SOLE		13,150	0	0
BOEING CO	COM	097023105	383,436	1,805	SH		SOLE		1,805	0	0
BOOKING HOLDINGS INC	COM	09857L108	962,825	363	SH		SOLE		363	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	272,323	2,938	SH		SOLE		2,938	0	0
BOX INC	CL A	10316T104	1,279,865	47,774	SH		SOLE		47,774	0	0
BRIACELL THERAPEUTICS CORP	COM NEW	10778Y302	260,750	35,000	SH		SOLE		35,000	0	0
BRIGHTHOUSE FINL INC	COM	10922N103	675,633	15,317	SH		SOLE		15,317	0	0
BROADCOM INC	COM	11135F101	42,242,033	65,845	SH		SOLE		65,845	0	0
BROOKFIELD CORP	CL A LTD VT SH	11271J107	1,029,844	31,600	SH		SOLE		31,600	0	0
CME GROUP INC	COM	12572Q105	251,300	1,312	SH		SOLE		1,312	0	0
CABLE ONE INC	COM	12685J105	338,364	482	SH		SOLE		482	0	0
CHARTER COMMUNICATIONS INC N	CL A	16119P108	521,395	1,458	SH		SOLE		1,458	0	0
CISCO SYS INC	COM	17275R102	2,395,193	45,819	SH		SOLE		45,819	0	0
CLEAR CHANNEL OUTDOOR HLDGS	COM	18453H106	421,480	351,233	SH		SOLE		351,233	0	0
COINBASE GLOBAL INC	COM CL A	19260Q107	6,511,383	96,365	SH		SOLE		96,365	0	0
COMCAST CORP NEW	CL A	20030N101	803,101	21,184	SH		SOLE		21,184	0	0
CONOCOPHILLIPS	COM	20825C104	547,434	5,495	SH		SOLE		5,495	0	0
CONTEXTLOGIC INC	COM CL A	21077C107	60,473	135,650	SH		SOLE		135,650	0	0
CORTEVA INC	COM	22052L104	208,530	3,458	SH		SOLE		3,458	0	0
COSTCO WHSL CORP NEW	COM	22160K105	2,047,175	4,120	SH		SOLE		4,120	0	0
COUPANG INC	CL A	22266T109	1,124,624	70,289	SH		SOLE		70,289	0	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	8,685,401	63,277	SH		SOLE		63,277	0	0
DATADOG INC	CL A COM	23804L103	8,593,280	118,267	SH		SOLE		118,267	0	0
DAVITA INC	COM	23918K108	2,189,808	26,998	SH		SOLE		26,998	0	0
DIAGEO PLC	SPON ADR NEW	25243Q205	412,626	2,261	SH		SOLE		2,261	0	0
DIREXION SHS ETF TR	DRX S&P500BULL	25459W862	746,070	10,195	SH		SOLE		10,195	0	0
DOORDASH INC	CL A	25809K105	2,373,013	37,335	SH		SOLE		37,335	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	221,711	2,298	SH		SOLE		2,298	0	0
DOXIMITY INC	CL A	26622P107	1,708,887	52,776	SH		SOLE		52,776	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	294,519	3,560	SH		SOLE		3,560	0	0
EXELON CORP	COM	30161N101	246,653	5,888	SH		SOLE		5,888	0	0
EXXON MOBIL CORP	COM	30231G102	1,861,895	16,979	SH		SOLE		16,979	0	0
META PLATFORMS INC	CL A	30303M102	2,897,644	13,672	SH		SOLE		13,672	0	0
FEDEX CORP	COM	31428X106	412,264	1,796	SH		SOLE		1,796	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	270,618	4,981	SH		SOLE		4,981	0	0
FIRSTCASH HOLDINGS INC	COM	33768G107	573,555	6,014	SH		SOLE		6,014	0	0
FORGE GLOBAL HOLDINGS INC	COM	34629L103	596,640	340,937	SH		SOLE		340,937	0	0
FORTIVE CORP	COM	34959J108	360,824	5,293	SH		SOLE		5,293	0	0
FORTUNE BRANDS INNOVATIONS I	COM	34964C106	366,769	6,245	SH		SOLE		6,245	0	0
GENERAL MTRS CO	COM	37045V100	393,613	10,731	SH		SOLE		10,731	0	0
GLOBAL PMTS INC	COM	37940X102	264,468	2,513	SH		SOLE		2,513	0	0
GLOBAL X FDS	NASDAQ 100 COVER	37954Y483	300,125	17,500	SH		SOLE		17,500	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	542,755	1,659	SH		SOLE		1,659	0	0
GRANITESHARES ETF TR	XOUT US LRG CP	38747R603	3,930,113	108,387	SH		SOLE		108,387	0	0
HCA HEALTHCARE INC	COM	40412C101	726,702	2,756	SH		SOLE		2,756	0	0
HEALTHEQUITY INC	COM	42226A107	201,199	3,427	SH		SOLE		3,427	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	226,378	1,607	SH		SOLE		1,607	0	0
HOWARD HUGHES CORP	COM	44267D107	419,360	5,242	SH		SOLE		5,242	0	0
ITT INC	COM	45073V108	232,567	2,688	SH		SOLE		2,688	0	0
INSIGHT ENTERPRISES INC	COM	45765U103	636,029	4,449	SH		SOLE		4,449	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	4,532,353	14,102	SH		SOLE		14,102	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	861,189	3,371	SH		SOLE		3,371	0	0
INVESCO EXCHANGE TRADED FD T	AEROSPACE DEFN	46137V100	48,801,050	605,848	SH		SOLE		605,848	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	46137V357	55,496,019	383,737	SH		SOLE		383,737	0	0
INVESCO EXCH TRADED FD TR II	S&P500 LOW VOL	46138E354	755,165	12,102	SH		SOLE		12,102	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	7,133,780	181,244	SH		SOLE		181,244	0	0
ISHARES TR	MSCI USA MIN VOL	46429B697	1,333,761	18,336	SH		SOLE		18,336	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	3,375,992	50,501	SH		SOLE		50,501	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	309,621	6,346	SH		SOLE		6,346	0	0
JPMORGAN CHASE & CO	COM	46625H100	3,876,394	29,747	SH		SOLE		29,747	0	0
JD.COM INC	SPON ADR CL A	47215P106	892,064	20,325	SH		SOLE		20,325	0	0
KAR AUCTION SVCS INC	COM	48238T109	615,600	45,000	SH		SOLE		45,000	0	0
KKR REAL ESTATE FIN TR INC	COM	48251K100	212,159	17,949	SH		SOLE		17,949	0	0
KODIAK SCIENCES INC	COM	50015M109	556,357	89,735	SH		SOLE		89,735	0	0
LGI HOMES INC	COM	50187T106	249,612	2,189	SH		SOLE		2,189	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	201,431	878	SH		SOLE		878	0	0
LEGALZOOM COM INC	COM	52466B103	1,106,371	117,950	SH		SOLE		117,950	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	259,443	10,646	SH		SOLE		10,646	0	0
LIVERAMP HLDGS INC	COM	53815P108	2,534,669	115,580	SH		SOLE		115,580	0	0
LYFT INC	CL A COM	55087P104	485,201	52,341	SH		SOLE		52,341	0	0
MARATHON PETE CORP	COM	56585A102	322,122	2,389	SH		SOLE		2,389	0	0
MARQETA INC	CLASS A COM	57142B104	1,218,083	266,539	SH		SOLE		266,539	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	3,090,075	8,503	SH		SOLE		8,503	0	0
MERCK & CO INC	COM	58933Y105	1,892,193	17,679	SH		SOLE		17,679	0	0
METLIFE INC	COM	59156R108	365,636	6,311	SH		SOLE		6,311	0	0
MODERNA INC	COM	60770K107	229,295	1,493	SH		SOLE		1,493	0	0
NETFLIX INC	COM	64110L106	1,187,069	3,436	SH		SOLE		3,436	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	622,383	75,455	SH		SOLE		75,455	0	0
NEXTERA ENERGY INC	COM	65339F101	712,274	9,241	SH		SOLE		9,241	0	0
NOVARTIS AG	SPONSORED ADR	66987V109	326,140	3,545	SH		SOLE		3,545	0	0
NVIDIA CORPORATION	COM	67066G104	4,873,199	17,544	SH		SOLE		17,544	0	0
NUVEEN MUNICIPAL CREDIT INC	COM SH BEN INT	67070X101	340,140	28,362	SH		SOLE		28,362	0	0
NUVEEN AMT FREE MUN CR INC F	COM	67071L106	324,213	27,424	SH		SOLE		27,424	0	0
OREILLY AUTOMOTIVE INC	COM	67103H107	475,429	560	SH		SOLE		560	0	0
ORACLE CORP	COM	68389X105	934,498	10,057	SH		SOLE		10,057	0	0
PALANTIR TECHNOLOGIES INC	CL A	69608A108	5,537,099	655,278	SH		SOLE		655,278	0	0
PAYPAL HLDGS INC	COM	70450Y103	813,697	10,715	SH		SOLE		10,715	0	0
PELOTON INTERACTIVE INC	CL A COM	70614W100	7,021,717	619,199	SH		SOLE		619,199	0	0
PIMCO MUN INCOME FD II	COM	72200W106	385,658	40,900	SH		SOLE		40,900	0	0
PRECIGEN INC	COM	74017N105	110,801	104,529	SH		SOLE		104,529	0	0
PRICE T ROWE GROUP INC	COM	74144T108	265,656	2,353	SH		SOLE		2,353	0	0
PRIMERICA INC	COM	74164M108	424,399	2,464	SH		SOLE		2,464	0	0
PROLOGIS INC.	COM	74340W103	488,734	3,917	SH		SOLE		3,917	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	540,798	5,522	SH		SOLE		5,522	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	673,769	820	SH		SOLE		820	0	0
RIVIAN AUTOMOTIVE INC	COM CL A	76954A103	331,736	21,430	SH		SOLE		21,430	0	0
S&P GLOBAL INC	COM	78409V104	430,275	1,248	SH		SOLE		1,248	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	1,165,418	4,464	SH		SOLE		4,464	0	0
SLM CORP	COM	78442P106	232,164	18,738	SH		SOLE		18,738	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	31,987,214	77,851	SH		SOLE		77,851	0	0
SPDR GOLD TR	GOLD SHS	78463V107	2,579,554	14,079	SH		SOLE		14,079	0	0
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	718,400	16,000	SH		SOLE		16,000	0	0
SPDR SER TR	PORTFOLIO LN TSR	78464A664	9,944,404	322,034	SH		SOLE		322,034	0	0
SPDR SER TR	S&P DIVID ETF	78464A763	1,059,700	8,566	SH		SOLE		8,566	0	0
SPDR SER TR	S&P BIOTECH	78464A870	16,015,227	210,146	SH		SOLE		210,146	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	363,215	6,432	SH		SOLE		6,432	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	750,990	1,634	SH		SOLE		1,634	0	0
SALESFORCE INC	COM	79466L302	5,316,945	26,614	SH		SOLE		26,614	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	48,720,092	376,333	SH		SOLE		376,333	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	23,538,337	315,063	SH		SOLE		315,063	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	935,223	6,254	SH		SOLE		6,254	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	1,546,644	10,242	SH		SOLE		10,242	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	16,339,564	241,388	SH		SOLE		241,388	0	0
SERVICENOW INC	COM	81762P102	1,975,060	4,250	SH		SOLE		4,250	0	0
SHOPIFY INC	CL A	82509L107	386,396	8,060	SH		SOLE		8,060	0	0
SMARTSHEET INC	COM CL A	83200N103	2,037,666	42,629	SH		SOLE		42,629	0	0
SOFI TECHNOLOGIES INC	COM	83406F102	1,141,385	188,037	SH		SOLE		188,037	0	0
SPROTT PHYSICAL GOLD & SILVE	TR UNIT	85208R101	283,650	15,000	SH		SOLE		15,000	0	0
STARWOOD PPTY TR INC	COM	85571B105	286,901	15,790	SH		SOLE		15,790	0	0
TPG RE FIN TR INC	COM	87266M107	239,962	32,018	SH		SOLE		32,018	0	0
TARGET CORP	COM	87612E106	701,357	4,234	SH		SOLE		4,234	0	0
TENABLE HLDGS INC	COM	88025T102	3,760,036	79,142	SH		SOLE		79,142	0	0
TESLA INC	COM	88160R101	2,819,174	13,589	SH		SOLE		13,589	0	0
TRUIST FINL CORP	COM	89832Q109	360,369	10,568	SH		SOLE		10,568	0	0
TWILIO INC	CL A	90138F102	329,019	4,938	SH		SOLE		4,938	0	0
UBER TECHNOLOGIES INC	COM	90353T100	3,148,254	99,314	SH		SOLE		99,314	0	0
UIPATH INC	CL A	90364P105	15,757,519	897,353	SH		SOLE		897,353	0	0
ULTA BEAUTY INC	COM	90384S303	277,200	508	SH		SOLE		508	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	2,641,841	5,590	SH		SOLE		5,590	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	368,466	1,400	SH		SOLE		1,400	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	221,053	1,935	SH		SOLE		1,935	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	815,772	3,421	SH		SOLE		3,421	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	1,713,029	4,444	SH		SOLE		4,444	0	0
VANGUARD SCOTTSDALE FDS	SHORT TERM TREAS	92206C102	20,913,525	357,252	SH		SOLE		357,252	0	0
VANGUARD SCOTTSDALE FDS	VNG RUS2000IDX	92206C664	385,004	5,341	SH		SOLE		5,341	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	838,590	21,563	SH		SOLE		21,563	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	227,796	723	SH		SOLE		723	0	0
VISA INC	COM CL A	92826C839	2,435,498	10,802	SH		SOLE		10,802	0	0
WASTE CONNECTIONS INC	COM	94106B101	269,100	1,935	SH		SOLE		1,935	0	0
WASTE MGMT INC DEL	COM	94106L109	298,932	1,832	SH		SOLE		1,832	0	0
WHEELS UP EXPERIENCE INC	COM CL A	96328L106	81,486	128,771	SH		SOLE		128,771	0	0
WISDOMTREE TR	US LARGECAP DIVD	97717W307	340,230	5,500	SH		SOLE		5,500	0	0
WISDOMTREE TR	FLOATNG RAT TREA	97717Y527	1,088,120,550	21,645,525	SH		SOLE		21,645,525	0	0
XCEL ENERGY INC	COM	98389B100	204,132	3,013	SH		SOLE		3,013	0	0
XCEL BRANDS INC	COM NEW	98400M101	1,028,965	1,682,140	SH		SOLE		1,682,140	0	0
YEXT INC	COM	98585N106	882,976	91,881	SH		SOLE		91,881	0	0
ZOETIS INC	CL A	98978V103	313,726	1,885	SH		SOLE		1,885	0	0
AON PLC	SHS CL A	G0403H108	622,599	1,975	SH		SOLE		1,975	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	644,787	2,256	SH		SOLE		2,256	0	0
DLOCAL LTD	CLASS A COM	G29018101	16,719,900	1,030,820	SH		SOLE		1,030,820	0	0
EATON CORP PLC	SHS	G29183103	460,391	2,687	SH		SOLE		2,687	0	0
FERGUSON PLC NEW	SHS	G3421J106	274,345	2,040	SH		SOLE		2,040	0	0
GATES INDL CORP PLC	ORD SHS	G39108108	274,647	19,773	SH		SOLE		19,773	0	0
GENPACT LIMITED	SHS	G3922B107	499,638	10,810	SH		SOLE		10,810	0	0
GREENLIGHT CAPITAL RE LTD	CLASS A	G4095J109	1,416,660	150,869	SH		SOLE		150,869	0	0
LINDE PLC	SHS	G54950103	867,461	2,441	SH		SOLE		2,441	0	0
MEDTRONIC PLC	SHS	G5960L103	693,648	8,536	SH		SOLE		8,536	0	0
APTIV PLC	SHS	G6095L109	507,099	4,520	SH		SOLE		4,520	0	0
NVENT ELECTRIC PLC	SHS	G6700G107	449,711	10,473	SH		SOLE		10,473	0	0
TRANE TECHNOLOGIES PLC	SHS	G8994E103	703,907	3,826	SH		SOLE		3,826	0	0
TRITON INTL LTD	CL A	G9078F107	438,115	6,930	SH		SOLE		6,930	0	0
CHUBB LIMITED	COM	H1467J104	401,907	2,063	SH		SOLE		2,063	0	0
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	220,339	1,649	SH		SOLE		1,649	0	0
MONDAY COM LTD	SHS	M7S64H106	1,778,950	12,462	SH		SOLE		12,462	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	360,776	530	SH		SOLE		530	0	0
MAKEMYTRIP LIMITED MAURITIUS	SHS	V5633W109	489,400	20,000	SH		SOLE		20,000	0	0

Check here if Amendment:	☐ Amendment Number:
This Amendment (Check only one.):	☐ is a restatement. ☐ adds new holdings entries.

Name:	Summit Trail Advisors, LLC
Address:	2 GRAND CENTRAL TOWER
	140 E 45TH STREET, 28TH FLOOR
	NEW YORK, NY 10017
Form 13F File Number:	028-18552

Name:	THOMAS HARMS
Title:	CHIEF COMPLIANCE OFFICER
Phone:	(212) 812-7010

Number of Other Included Managers:	0
Form 13F Information table Entry Total:	393
Form 13F Information table Value Total:	2482620934 (thousands)

Institutional Investment Manager Filing this Report:

Signature, Place, and Date of Signing:

Report Type (Check only one.):

Form 13F Summary Page

Report Summary:

List of Other Included Managers: