Managers / Q2 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 $139M in U.S.-listed holdings across 1,028 positions for Q2 2025.
Its largest position, Invesco S P 500 Quality Etf, represents 9.5% of the portfolio.
Compared with Q1 2025, the fund opened 89 new positions and exited 106.
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 · 72.4% · $100M
- Common Stock · 23.1% · $32M
- ADR · 2.4% · $3M
- Other · 1.5% · $2M
- REIT · 0.3% · $401,733
- Other · 0.2% · $328,420
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GLOBAL X ADAPTIVE U.S. FACTOR ETF | NEW | +9.3K | 9.3K | +$415,174 | $415,174 |
| JPMORGAN ULTRA-SHORT INCOME ETF | NEW | +4.2K | 4.2K | +$211,893 | $211,893 |
| INVESCO S&P 500 EQUAL WEIGHT ETF | NEW | +945 | 945 | +$171,744 | $171,744 |
| SPDR PORTFOLIO S&P 400 MID CAP ETF | NEW | +2.0K | 2.0K | +$108,760 | $108,760 |
| INDUSTRIAL SELECT SECTOR SPDR FUND | NEW | +645 | 645 | +$95,150 | $95,150 |
| HEALTH CARE SELECT SECTOR SPDR FUND | NEW | +550 | 550 | +$74,135 | $74,135 |
| FREEDOM 100 EMERGING MARKETS ETF | NEW | +1.6K | 1.6K | +$64,640 | $64,640 |
| PACER US SMALL CAP CASH COWS ETF | NEW | +1.5K | 1.5K | +$59,723 | $59,723 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 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 ↗.