Summit Trail Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

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

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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
DAVITA INC COM	EQUITY	23918K108	204	3,620	SH		SOLE		3,620	0	0
DOCUSIGN INC COM	EQUITY	256163106	1,244	25,028	SH		SOLE		25,028	0	0
ALPHABET INC CAP STK CL A	EQUITY	02079K305	4,555	4,207	SH		SOLE		4,207	0	0
ALPHABET INC CAP STK CL C	EQUITY	02079K107	4,739	4,384	SH		SOLE		4,384	0	0
ALTRIA GROUP INC COM	EQUITY	02209S103	426	8,839	SH		SOLE		8,839	0	0
AMAZON COM INC COM	EQUITY	023135106	6,397	3,378	SH		SOLE		3,378	0	0
APPLE INC COM	EQUITY	037833100	6,068	30,657	SH		SOLE		30,657	0	0
AT&T INC COM	EQUITY	00206R102	425	12,672	SH		SOLE		12,672	0	0
BANK AMER CORP COM	EQUITY	060505104	799	27,542	SH		SOLE		27,542	0	0
BANKWELL FINL GROUP INC COM	EQUITY	06654A103	2,645	92,152	SH		SOLE		92,152	0	0
BARCLAYS BK PLC ETN SEL MLP	EQUITY	06742C723	7,164	354,830	SH		SOLE		354,830	0	0
BERKSHIRE HATHAWAY INC DEL CL A	EQUITY	084670108	318	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	EQUITY	084670702	1,259	5,905	SH		SOLE		5,905	0	0
BOEING CO COM	EQUITY	097023105	1,739	4,776	SH		SOLE		4,776	0	0
BRIGHTHOUSE FINL INC COM	EQUITY	10922N103	514	14,000	SH		SOLE		14,000	0	0
CONNECTONE BANCORP INC NEW COM	EQUITY	20786W107	227	10,000	SH		SOLE		10,000	0	0
EHEALTH INC COM	EQUITY	28238P109	3,327	38,637	SH		SOLE		38,637	0	0
ENERGY TRANSFER LP COM UT LTD PTN	EQUITY	29273V100	360	25,533	SH		SOLE		25,533	0	0
ENTERPRISE PRODS PARTNERS L COM	EQUITY	293792107	318	10,999	SH		SOLE		10,999	0	0
FACEBOOK INC CL A	EQUITY	30303M102	1,731	8,970	SH		SOLE		8,970	0	0
FIDUS INVT CORP COM	EQUITY	316500107	724	45,388	SH		SOLE		45,388	0	0
GREENLIGHT CAPITAL RE LTD CLASS A	EQUITY	G4095J109	3,071	361,674	SH		SOLE		361,674	0	0
HONEYWELL INTL INC COM	EQUITY	438516106	229	1,314	SH		SOLE		1,314	0	0
HOWARD HUGHES CORP COM	EQUITY	44267D107	254	2,052	SH		SOLE		2,052	0	0
INTEL CORP COM	EQUITY	458140100	340	7,099	SH		SOLE		7,099	0	0
INTREXON CORP COM	EQUITY	46122T102	126	16,502	SH		SOLE		16,502	0	0
INVESCO EXCHANGE TRADED FD T DYNMC SOFTWARE	EQUITY	46137V639	899	9,377	SH		SOLE		9,377	0	0
ISHARES INC CORE MSCI EMKT	EQUITY	46434G103	220	4,275	SH		SOLE		4,275	0	0
ISHARES TR CORE MSCI EAFE	EQUITY	46432F842	232	3,783	SH		SOLE		3,783	0	0
ISHARES TR CORE S&P500 ETF	ETF	464287200	27,745	94,129	SH		SOLE		94,129	0	0
ISHARES TR CORE US AGGBD ET	EQUITY	464287226	3,423	30,737	SH		SOLE		30,737	0	0
ISHARES TR MIN VOL USA ETF	ETF	46429B697	1,848	29,942	SH		SOLE		29,942	0	0
ISHARES TR MSCI ACWI ETF	ETF	464288257	792	10,741	SH		SOLE		10,741	0	0
ISHARES TR MSCI EAFE ETF	ETF	464287465	3,158	48,051	SH		SOLE		48,051	0	0
ISHARES TR MSCI INDIA ETF	ETF	46429B598	4,405	124,787	SH		SOLE		124,787	0	0
ISHARES TR RUS 1000 GRW ETF	ETF	464287614	524	3,328	SH		SOLE		3,328	0	0
ISHARES TR RUS 1000 VAL ETF	ETF	464287598	755	5,936	SH		SOLE		5,936	0	0
ISHARES TR RUSSELL 2000 ETF	ETF	464287655	4,409	28,356	SH		SOLE		28,356	0	0
ISHARES TR SELECT DIVID ETF	ETF	464287168	5,668	56,930	SH		SOLE		56,930	0	0
JD COM INC SPON ADR CL A	EQUITY	47215P106	320	10,566	SH		SOLE		10,566	0	0
JPMORGAN CHASE & CO COM	EQUITY	46625H100	1,067	9,540	SH		SOLE		9,540	0	0
KAR AUCTION SVCS INC COM	EQUITY	48238T109	305	12,200	SH		SOLE		12,200	0	0
KODIAK SCIENCES INC COM	EQUITY	50015M109	211	18,000	SH		SOLE		18,000	0	0
LIVERAMP HLDGS INC COM	EQUITY	53815P108	304	6,266	SH		SOLE		6,266	0	0
LOCKHEED MARTIN CORP COM	EQUITY	539830109	265	728	SH		SOLE		728	0	0
MERCK & CO INC COM	EQUITY	58933Y105	329	3,902	SH		SOLE		3,902	0	0
MICROSOFT CORP COM	EQUITY	594918104	1,341	10,013	SH		SOLE		10,013	0	0
MONOTYPE IMAGING HOLDINGS IN COM	EQUITY	61022P100	1,454	85,775	SH		SOLE		85,775	0	0
PEPSICO INC COM	EQUITY	713448108	369	2,817	SH		SOLE		2,817	0	0
PFIZER INC COM	EQUITY	717081103	709	16,377	SH		SOLE		16,377	0	0
PHILIP MORRIS INTL INC COM	EQUITY	718172109	432	5,427	SH		SOLE		5,427	0	0
REALOGY HLDGS CORP COM	EQUITY	75605Y106	165	22,841	SH		SOLE		22,841	0	0
SALESFORCE COM INC COM	EQUITY	79466L302	1,769	11,658	SH		SOLE		11,658	0	0
SELECT SECTOR SPDR TR SBI INT-FINL	EQUITY	81369Y605	388	14,042	SH		SOLE		14,042	0	0
SEQUENTIAL BRNDS GROUP INC N COM	EQUITY	81734P107	53	97,087	SH		SOLE		97,087	0	0
SLACK TECHNOLOGIES INC COM CL A ADDED	EQUITY	83088V102	1,451	38,703	SH		SOLE		38,703	0	0
SOUTHERN CO COM	EQUITY	842587107	267	4,836	SH		SOLE		4,836	0	0
SPDR GOLD TRUST GOLD SHS	EQUITY	78463V107	246	1,847	SH		SOLE		1,847	0	0
SPDR S&P 500 ETF TR TR UNIT	ETF	78462F103	16,226	55,110	SH		SOLE		55,110	0	0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP	ETF	78467Y107	316	885	SH		SOLE		885	0	0
TENABLE HLDGS INC COM	EQUITY	88025T102	4,906	171,888	SH		SOLE		171,888	0	0
TRANSDIGM GROUP INC COM	EQUITY	893641100	247	511	SH		SOLE		511	0	0
TRINET GROUP INC COM	EQUITY	896288107	478	7,057	SH		SOLE		7,057	0	0
TWILIO INC CL A	EQUITY	90138F102	273	2,000	SH		SOLE		2,000	0	0
VANGUARD BD INDEX FD INC SHORT TRM BOND	EQUITY	921937827	494	6,139	SH		SOLE		6,139	0	0
VANGUARD INDEX FDS S&P 500 ETF SHS	ETF	922908363	76,133	281,410	SH		SOLE		281,410	0	0
VANGUARD INDEX FDS TOTAL STK MKT	EQUITY	922908769	685	4,561	SH		SOLE		4,561	0	0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF	ETF	922042858	11,005	258,763	SH		SOLE		258,763	0	0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF	ETF	922042742	353	4,699	SH		SOLE		4,699	0	0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD	EQUITY	921946406	413	4,722	SH		SOLE		4,722	0	0
VARONIS SYS INC COM	EQUITY	922280102	1,377	22,238	SH		SOLE		22,238	0	0
VERIZON COMMUNICATIONS INC COM	EQUITY	92343V104	315	5,510	SH		SOLE		5,510	0	0
VIRTU FINL INC CL A	EQUITY	928254101	240	11,000	SH		SOLE		11,000	0	0
VISA INC COM CL A	EQUITY	92826C839	215	1,240	SH		SOLE		1,240	0	0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT	EQUITY	958669103	280	9,108	SH		SOLE		9,108	0	0