Managers / Q1 2025 · view latest →
SIERRA OCEAN, LLC
CIK 0002051715 · 521 N WILMA AVENUE, SUITE C, RIPON, CA, 95366 · 209-232-7100
Summary
Sierra Ocean, LLC reported $127M in U.S.-listed holdings across 1,055 positions for Q1 2025.
Its largest position, Vaneck Morningstar Wide Moat Etf, represents 9.3% of the portfolio.
Compared with Q4 2024, the fund opened 101 new positions and exited 90.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 72.1% · $91M
- Common Stock · 23.4% · $30M
- ADR · 2.3% · $3M
- Other · 1.5% · $2M
- REIT · 0.4% · $464,435
- Other · 0.2% · $313,154
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| WRBBERKLEY W R CORP COM | NEW | +2.5K | 2.5K | +$180,035 | $180,035 |
| ENSTAR GROUP LIMITED SHS | NEW | +233 | 233 | +$77,445 | $77,445 |
| GHCGRAHAM HLDGS CO COM CL B | NEW | +50 | 50 | +$48,043 | $48,043 |
| MKLMARKEL GROUP INC COM | NEW | +15 | 15 | +$28,044 | $28,044 |
| CACCCREDIT ACCEP CORP MICH COM | NEW | +50 | 50 | +$25,818 | $25,818 |
| OBDCBLUE OWL CAPITAL CORPORATION COM | NEW | +1.6K | 1.6K | +$23,720 | $23,720 |
| WHITE MTNS INS GROUP LTD COM | NEW | +12 | 12 | +$23,110 | $23,110 |
| JPMORGAN HEDGED EQUITY LADDERED OVERLAY ETF | NEW | +353 | 353 | +$21,076 | $21,076 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $122M | 60 | Apr 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $121M | 61 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $119M | 63 | Nov 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $139M | 1,028 | Aug 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $127M | 1,055 | Apr 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $122M | 1,040 | Jan 31, 2025 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.