Sec Form 13G Filing - Summit Trail Advisors LLC filing for STAR GROUP L.P (SGU) - 2024-01-30

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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                      SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                 SCHEDULE 13G
                                (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(b)



                  Star Gas Partners Unit LTD Partnership Int
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     	         Common Equity
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   85512C105
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2023
--------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)

     Check the  appropriate  box to  designate  the rule  pursuant to which this
Schedule is filed:

          |X|  Rule 13d-1(b)

          |_|  Rule 13d-1(c)

          |_|  Rule 13d-1(d)

----------
(1)  The  remainder  of this  cover  page  shall be filled  out for a  reporting
     person's  initial  filing on this form with respect to the subject class of
     securities,  and for any subsequent amendment containing  information which
     would alter the disclosures provided in a prior cover page.

     The  information  required in the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 or otherwise  subject to the  liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





CUSIP No.                             13G                      Page   of   Pages
85512C105
--------------------------------------------------------------------------------
1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Summit Trail Advisors, LLC
--------------------------------------------------------------------------------
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                 (a)  |_|
                                                                 (b)  |_|
--------------------------------------------------------------------------------
3.   SEC USE ONLY


--------------------------------------------------------------------------------
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
--------------------------------------------------------------------------------
  NUMBER OF    5.   SOLE VOTING POWER   -0-

   SHARES
--------------------------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER  -0-

   OWNED BY
--------------------------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER -0-

--------------------------------------------------------------------------------
  PERSON WITH  8.   SHARED DISPOSITIVE POWER  -2,010,000-

--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,010,000
--------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                           |_|
--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.6%

--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*

IA
--------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!



CUSIP No.  98400M101                 13G                      Page   of   Pages


Item 1(a).  Name of Issuer:

Star Gas Partners Unit LTD Partnership Int

Item 1(b).  Address of Issuer's Principal Executive Offices:

9 W Broad St UNIT 310,
Stamford, Connecticut 06902

Item 2(a).  Name of Person Filing:

This statement is being filed by Summit Trail Advisors, LLC.

Item 2(b).  Address of Principal Business Office, or if None, Residence:

2 Grand Central Tower, 140 E 45th Street, 28th Floor
New York, New York 10017

Item 2(c).  Citizenship:

USA


Item 2(d).  Title of Class of Securities:

Common Equity


Item 2(e).  CUSIP Number: 98400M101


Item 3.     If This Statement  is Filed  Pursuant to  Rule 13d-1(b), or 13d-2(b)
            or (c), Check Whether the Person Filing is a:

      (a)   |_|   Broker or dealer registered under Section 15 of the Exchange
                  Act.

      (b)   |_|   Bank as defined in Section 3(a)(6) of the Exchange Act.

      (c)   |_|   Insurance company as defined in Section 3(a)(19) of the
                  Exchange Act.

      (d)   |_|   Investment company registered under Section 8 of the
                  Investment Company Act.

      (e)   |x|   An investment adviser in accordance with Rule
                  13d-1(b)(1)(ii)(E);

      (f)   |_|   An employee benefit plan or endowment fund in accordance with
                  Rule 13d-1(b)(1)(ii)(F);

      (g)   |_|   A parent holding company or control person in accordance with
                  Rule 13d-1(b)(1)(ii)(G);

      (h)   |_|   A savings association as defined in Section 3(b) of the
                  Federal Deposit Insurance Act;

      (i)   |_|   A church plan that is excluded from the definition of an
                  investment company under Section 3(c)(14) of the Investment
                  Company Act;

      (j)   |_|   Group, in accordance with Rule 13d-1(b)(1)(ii)(J).



CUSIP No.    98400M101                13G                      Page   of   Pages


Item 4.  Ownership.

     Provide  the  following  information  regarding  the  aggregate  number and
percentage of the class of securities of the issuer identified in Item 1.

     (a)  Amount beneficially owned: 2,010,000

     (b)  Percent of class:     5.6%

     (c)  Number of shares as to which such person has:

  (i)  Sole power to vote or to direct the vote: 0

  (ii) Shared power to vote or to direct the vote: 0

  (iii) Sole power to dispose or to direct the disposition of: 0

  (iv) Shared power to dispose or to direct the disposition of: 2,010,000


Item 5.  Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [  ].


Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

N/A


Item 7.  Identification and  Classification of the Subsidiary Which Acquired the
         Security  Being  Reported on by the Parent  Holding  Company or Control
         Person.

N/A


Item 8.  Identification  and  Classification  of Members of the Group.

N/A


Item 9.  Notice of Dissolution of Group.

N/A


Item 10.  Certifications.



          By signing  below I certify  that,  to the best of my  knowledge  and
          belief, the securities referred to above were acquired and are held in
          the ordinary course of business and were not acquired and not held for
          the  purpose  of or with the effect of  changing  or  influencing  the
          control of the issuer of the  securities and were not acquired and are
          not held in  connection  with or as a participant  in any  transaction
          having such purpose or effect.



                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                                         	    January 30, 2024
                                         ---------------------------------------
                                                         (Date)

                                         /s/ Thomas Harms
                                         ---------------------------------------
                                                       (Signature)


					 Thomas Harms, Chief Compliance Officer
                                         ---------------------------------------
                                                      (Name/Title)