Top Institutional Investors

Clear Trail Advisors, LLC — 13F Holdings & Portfolio

CIK 2097856 · latest 13F-HR filed 2026-07-21

Backtest portfolio

Clear Trail Advisors, LLC manages $655.2M in 13F-reported U.S. long-equity assets across 161 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DRI (5.07%), XOM (4.92%), AAPL (3.37%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 18 new positions and exited 6; 76 existing positions rose in reported value and 34 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$655.2M

Long-equity book

Holdings
161

Distinct positions

Period
2026-06-30

Filed 2026-07-21

Q/Q Activity
+18 / −6 / ↑76 / ↓34

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
DRI5.1% · +0%XOM4.9% · -0%AAPL3.4% · -4%DIVO2.9% · +3%JMUB2.9% · +30%CGMU2.8% · +30%AVGO2.8% · -2%JPM2.7% · -2%GIS2.7% · +0%CGCB2.5% · +11%WCPB2.5% · +10%JBND2.5% · +10%EVTR2.5% · +10%MSFT2.4% · -1%JPIE2.3% · +10%WMT2.1% · -0%CVX2.1% · +7%ETN2.0% · -5%MPC1.8% · -2%CGMS1.6% · +10%MSI1.4% · -2%HD1.4% · -7%MRK1.4% · +0%CME1.2% · +12%VNLA1.2% · +4%JNJ1.2% · -4%CAT1.1% · -1%EVSD1.1% · +10%ADI1.1% · +3%CB1.0% · -4%JCI1.0% · +2%EVIM1.0% · +29%MMIT1.0% · +29%MLPA0.9% · +15%GS0.9% · -4%VZ0.8% · +4%CGHM0.8% · +8%APD0.8% · +3%VTI0.8% · +235%AXP0.7% · -6%NEE0.7% · +15%TJX0.6% · -2%V0.6% · -18%UNP0.6% · +3%KO0.6% · +15%EPD0.6% · +0%O0.6% · -1%MDT0.6% · -24%GOOGL0.6% · +18%BIL0.6% · +26%ET0.5% · +2%CGBL0.5% · newAMGN0.5% · +2%MLPX0.5% · +19%IBM0.5% · -8%MCD0.5% · -8%RTX0.5% · -36%ABBV0.5% · +27%ENB0.4% · -0%QQQ0.4% · -6%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 32.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Feb 5, 2026.

Assets Under Management
$803.1M
Discretionary
$803.1M
Employees
7
Accounts
2,064
Address
5847 SAN FELIPE ST.
SUITE 950
HOUSTON, TX 77057
Phone
(713) 893-9870
Website
Name Title / Status Ownership Type
CTA HOLDCO, LLC ControlOWNER
since Dec 2025
75% or moreDomestic Entity
KERNS, MATTHEW, STEPHEN ControlPRESIDENT & CHIEF COMPLIANCE OFFICER
since Aug 2025
Less than 5%Individual
PRICE, MATTHEW, WILLIAM ControlCHIEF EXECUTIVE OFFICER
since Aug 2025
Less than 5%Individual
PRICE, RANDOLPH, ROBIN ControlCHAIRMAN
since Aug 2025
Less than 5%Individual
MSK CLEAR TRAIL HOLDINGS, LLC Control
Indirect owner via CTA HOLDCO, LLC
OWNER
since Dec 2025
General partner, trustee or managerDomestic Entity
MWP CLEAR TRAIL HOLDINGS, LLC Control
Indirect owner via CTA HOLDCO, LLC
OWNER
since Dec 2025
25–50%Domestic Entity
PRICE, MATTHEW, WILLIAM Control
Indirect owner via MWP CLEAR TRAIL HOLDINGS, LLC
MEMBER
since Aug 2025
75% or moreIndividual
PRICE, RANDOLPH, ROBIN Control
Indirect owner via RRP CLEAR TRAIL HOLDINGS, LLC
MEMBER
since Aug 2025
75% or moreIndividual
RRP CLEAR TRAIL HOLDINGS, LLC Control
Indirect owner via CTA HOLDCO, LLC
OWNER
since Dec 2025
50–75%Domestic Entity
Ownership & leadership changes · 2 filings with changes since Jun 30, 2025

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Dec 5, 2025 filing
  • No longer listedKerns, Matthew, Stephen · MEMBER · 75% or more · indirect via MSK CLEAR TRAIL HOLDINGS LLC · control person · listed since Aug 2025
  • No longer listedMSK CLEAR TRAIL HOLDINGS LLC · OWNER · Less than 5% · control person · listed since Aug 2025
  • No longer listedMWP CLEAR TRAIL HOLDINGS LLC · OWNER · 25–50% · control person · listed since Aug 2025
  • No longer listedRRP CLEAR TRAIL HOLDINGS, LLC · OWNER · 50–75% · control person · listed since Aug 2025
  • AddedMSK CLEAR TRAIL HOLDINGS, LLC · OWNER · General partner, trustee or manager · indirect via CTA HOLDCO, LLC · control person
  • AddedMWP CLEAR TRAIL HOLDINGS, LLC · OWNER · 25–50% · indirect via CTA HOLDCO, LLC · control person
  • AddedRRP CLEAR TRAIL HOLDINGS, LLC · OWNER · 50–75% · indirect via CTA HOLDCO, LLC · control person
  • Listed againCTA HOLDCO, LLC · OWNER · 75% or more · control person
  • ChangedPRICE, RANDOLPH, ROBIN · indirect via RRP CLEAR TRAIL HOLDINGS, LLC: ownership 25–50% → 75% or more
Aug 11, 2025 filing
  • No longer listedCTA HOLDCO, LLC · OWNER · 75% or more · control person · listed since Jun 2025
  • No longer listedGRAFTON, JOHN, GARRETT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jun 2025
  • AddedKERNS, MATTHEW, STEPHEN · PRESIDENT & CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • AddedKerns, Matthew, Stephen · MEMBER · 75% or more · indirect via MSK CLEAR TRAIL HOLDINGS LLC · control person
  • AddedMSK CLEAR TRAIL HOLDINGS LLC · OWNER · Less than 5% · control person
  • AddedMWP CLEAR TRAIL HOLDINGS LLC · OWNER · 25–50% · control person
  • AddedPRICE, MATTHEW, WILLIAM · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • AddedPRICE, MATTHEW, WILLIAM · MEMBER · 75% or more · indirect via MWP CLEAR TRAIL HOLDINGS, LLC · control person
  • AddedPRICE, RANDOLPH, ROBIN · CHAIRMAN · Less than 5% · control person
  • AddedPRICE, RANDOLPH, ROBIN · MEMBER · 25–50% · indirect via RRP CLEAR TRAIL HOLDINGS, LLC · control person
  • AddedRRP CLEAR TRAIL HOLDINGS, LLC · OWNER · 50–75% · control person
Jun 30, 2025 filing (earliest on record)
  • ListedCTA HOLDCO, LLC · OWNER · 75% or more · control person
  • ListedGRAFTON, JOHN, GARRETT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Clear Trail Advisors, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 DARDEN RESTAURANTS INC DRI 237194105 $33.2M 5.07% 161,294 SH
2 EXXON MOBIL CORP XOM 30233Q108 $32.2M 4.92% 235,825 SH
3 APPLE INC AAPL 037833100 $22.1M 3.37% 76,232 SH
4 AMPLIFY ETF TR DIVO 032108409 $18.8M 2.87% 412,141 SH
5 J P MORGAN EXCHANGE TRADED F JMUB 46641Q647 $18.7M 2.86% 369,734 SH
6 CAPITAL GRP FIXED INCM ETF T CGMU 14020Y201 $18.2M 2.78% 663,356 SH
7 BROADCOM INC AVGO 11135F101 $18.1M 2.76% 47,851 SH
8 JPMORGAN CHASE & CO JPM 46625H100 $17.9M 2.73% 54,669 SH
9 GENERAL MLS INC GIS 370334104 $17.6M 2.69% 506,727 SH
10 CAPITAL GRP FIXED INCM ETF T CGCB 14020Y508 $16.3M 2.49% 623,439 SH
11 NORTHERN LTS FD TR II WCPB 664925880 $16.3M 2.49% 643,407 SH
12 J P MORGAN EXCHANGE TRADED F JBND 46654Q716 $16.2M 2.47% 302,710 SH
13 MORGAN STANLEY ETF TRUST EVTR 61774R841 $16.2M 2.47% 318,612 SH
14 MICROSOFT CORP MSFT 594918104 $16.0M 2.45% 42,983 SH
15 J P MORGAN EXCHANGE TRADED F JPIE 46641Q159 $15.2M 2.31% 329,004 SH
16 WALMART INC WMT 931142103 $14.0M 2.14% 123,555 SH
17 CHEVRON CORP NEW CVX 166764100 $13.5M 2.06% 81,575 SH
18 EATON CORP PLC ETN G29183103 $13.3M 2.03% 31,201 SH
19 MARATHON PETE CORP MPC 56585A102 $11.8M 1.80% 46,243 SH
20 CAPITAL GRP FIXED INCM ETF T CGMS 14020Y300 $10.8M 1.64% 393,663 SH
21 MOTOROLA SOLUTIONS INC MSI 620076307 $9.4M 1.44% 22,749 SH
22 HOME DEPOT INC HD 437076102 $9.4M 1.44% 26,751 SH
23 MERCK & CO INC MRK 58933Y105 $9.1M 1.39% 71,003 SH
24 CME GROUP INC CME 12572Q105 $7.9M 1.20% 35,622 SH
25 JANUS DETROIT STR TR VNLA 47103U886 $7.9M 1.20% 160,783 SH
26 JOHNSON & JOHNSON JNJ 478160104 $7.8M 1.19% 30,766 SH
27 CATERPILLAR INC CAT 149123101 $7.5M 1.15% 7,064 SH
28 MORGAN STANLEY ETF TRUST EVSD 61774R825 $7.5M 1.15% 147,544 SH
29 ANALOG DEVICES INC ADI 032654105 $7.4M 1.13% 18,658 SH
30 CHUBB LIMITED CB H1467J104 $6.5M 1.00% 19,164 SH
31 JOHNSON CTLS INTL PLC JCI G51502105 $6.4M 0.98% 44,047 SH
32 MORGAN STANLEY ETF TRUST EVIM 61774R882 $6.3M 0.96% 118,166 SH
33 NEW YORK LIFE INVTS ACTIVE E MMIT 45409F827 $6.2M 0.95% 256,024 SH
34 GLOBAL X FDS MLPA 37954Y343 $5.7M 0.86% 106,513 SH
35 GOLDMAN SACHS GROUP INC GS 38141G104 $5.6M 0.86% 5,585 SH
36 VERIZON COMMUNICATIONS INC VZ 92343V104 $5.4M 0.83% 128,195 SH
37 CAPITAL GRP FIXED INCM ETF T CGHM 14020Y805 $5.4M 0.82% 207,624 SH
38 AIR PRODS & CHEMS INC APD 009158106 $5.2M 0.79% 17,610 SH
39 VANGUARD INDEX FDS VTI 922908769 $5.1M 0.78% 13,864 SH
40 AMERICAN EXPRESS CO AXP 025816109 $4.4M 0.67% 13,037 SH
41 NEXTERA ENERGY INC NEE 65339F101 $4.4M 0.67% 49,993 SH
42 TJX COS INC NEW TJX 872540109 $4.2M 0.65% 27,909 SH
43 VISA INC V 92826C839 $4.0M 0.61% 11,736 SH
44 UNION PAC CORP UNP 907818108 $4.0M 0.61% 14,742 SH
45 COCA COLA CO KO 191216100 $4.0M 0.61% 48,924 SH
46 ENTERPRISE PRODS PARTNERS L EPD 293792107 $4.0M 0.61% 108,019 SH
47 REALTY INCOME CORP O 756109104 $3.9M 0.59% 62,223 SH
48 MEDTRONIC PLC MDT G5960L103 $3.8M 0.59% 49,121 SH
49 ALPHABET INC GOOGL 02079K305 $3.8M 0.57% 10,521 SH
50 SPDR SER TR BIL 78468R663 $3.6M 0.55% 39,589 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-21 $655.2M 161 0002097856-26-000006
2026-03-31 2026-04-17 $600.6M 149 0002097856-26-000005
2025-12-31 2026-01-09 $431.0M 126 0002097856-26-000001
Filer Information
Address
5847 SAN FELIPE STREET
SUITE 950
HOUSTON, TX 77057
Phone
(713) 893-9870
Filing Manager
Clear Trail Advisors, LLC
HOUSTON, TX
Signatory
Matthew Kerns
Chief Compliance Officer