SIERRA OCEAN, LLC
Long book
$121.8M
Q1 2026
Positions
60
Top-10 weight
75%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsSIERRA OCEAN, LLC is a wealth-management firm allocating client money, running a $121.8M US long book across 60 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: INVESCO S&P 500 QUALITY ETF, INVESCO S&P 500 MOMENTUM ETF, JPMORGAN CORE PLUS BOND ETF, FRANKLIN INTERNATIONAL LOW V, GLOBAL X ADAPTIVE US FACTOR.
Over the last 6 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 2 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-1.3%
Q1 2025
+7.8%
Q2 2025
+6.4%
Q3 2025
+2.0%
Q4 2025
-0.7%
Q1 2026
+11.5%
Sector allocation
Technology 55%
Financials 11%
Consumer discretionary 10%
Industrials 9%
Healthcare 5%
Services media 4%
Energy 2%
Utilities 2%
Long book by quarter
What does SIERRA OCEAN, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 11.1K | $2.8M | 2.3% | -7.0% |
| NVDA NVIDIA CORP | Technology | 13.6K | $2.4M | 1.9% | -0.5% |
| MSFT MICROSOFT CORP | Technology | 3.9K | $1.5M | 1.2% | -0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.9K | $1.4M | 1.1% | +2.0% |
| GOOGL ALPHABET INC-CL A | Technology | 3.9K | $1.1M | 0.9% | +4.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.9K | $1.0M | 0.8% | +6.9% |
| GOOG ALPHABET INC-CL C | Technology | 2.3K | $664K | 0.5% | +2.1% |
| AVGO BROADCOM INC | Technology | 2.1K | $651K | 0.5% | +3.7% |
| META META PLATFORMS INC-CLASS A | Technology | 1.0K | $597K | 0.5% | -1.5% |
| JPM JPMORGAN CHASE & CO | Financials | 2.0K | $593K | 0.5% | +1.1% |
| LLY ELI LILLY & CO | Healthcare | 530 | $487K | 0.4% | +5.0% |
| XOM EXXON MOBIL CORP | Energy | 2.7K | $460K | 0.4% | +0.6% |
| TSLA TESLA INC | Industrials | 1.0K | $388K | 0.3% | -1.2% |
| RCL ROYAL CARIBBEAN CRUISES LTD | Industrials | 1.3K | $355K | 0.3% | +0.6% |
| RTX RTX CORP | Industrials | 1.7K | $337K | 0.3% | -4.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 331 | $330K | 0.3% | +10.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.3K | $329K | 0.3% | +2.4% |
| WMT WALMART INC | Consumer discretionary | 2.6K | $320K | 0.3% | -9.4% |
| ORCL ORACLE CORP | Technology | 2.1K | $304K | 0.2% | -16.4% |
| SRE SEMPRA | Utilities | 2.9K | $280K | 0.2% | Held |
| V VISA INC-CLASS A SHARES | Services media | 891 | $269K | 0.2% | +8.4% |
| CAT CATERPILLAR INC | Industrials | 361 | $256K | 0.2% | +1.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.7K | $250K | 0.2% | +19.4% |
| NFLX NETFLIX INC | Services media | 2.4K | $234K | 0.2% | +4.6% |
| HD HOME DEPOT INC | Consumer discretionary | 688 | $226K | 0.2% | -7.4% |
| MA MASTERCARD INC - A | Services media | 441 | $221K | 0.2% | -2.9% |
| MU MICRON TECHNOLOGY INC | Technology | 637 | $215K | 0.2% | New |
| GD GENERAL DYNAMICS CORP | Industrials | 624 | $214K | 0.2% | +3.8% |
| GE GENERAL ELECTRIC | Industrials | 732 | $208K | 0.2% | +1.0% |
| IBRX IMMUNITYBIO INC | Healthcare | 20.0K | $153K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 27, 2026 | 60 | $121.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 61 | $120.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 63 | $119.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 1028 | $138.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 29, 2025 | 1055 | $126.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 1040 | $122.5M | canonical | SEC ↗ |