Sierra Ocean

RIPON, CAfiles as SIERRA OCEAN, LLC

$144m in 72 US stocks at the end of 30 June 2026. The top 10 are 73.3% of the money. It changed about 7.1% of the portfolio this quarter.

Value

$144m

Stocks

Top 10 share

73.3%

Turnover

7.1%

What changed this quarter

New

Bought for the first time this quarter.

IntelINTC
0.4% of the fund
Advanced Micro DevicesAMD
0.3% of the fund
Lam ResearchLRCX
0.3% of the fund
Applied MaterialsAMAT
0.2% of the fund
Cisco SystemsCSCO
0.2% of the fund
ASML Holding NVASML
0.2% of the fund
MckessonMCK
0.2% of the fund
UnileverUL
0.2% of the fund
Vanguard Index FDSVBK
0.2% of the fund
Vanguard Index FDSVBR
0.2% of the fund
Global X FDSPAVE
0.1% of the fund
CrowdStrike HoldingsCRWD
0.1% of the fund
Ishares TRHEFA
0.1% of the fund

Added

Bought more of a stock they already held.

Invesco Exchange Traded FD TSPHQ
13.7% of the fund
+3%
J P Morgan Exchange Traded FJCPB
8.5% of the fund
+5%
Legg Mason ETF InvtLVHI
7.8% of the fund
+2%
Global X FDSAUSF
6.2% of the fund
+3%
Ishares TRTLT
5.7% of the fund
+7%
Schwab Strategic TRSCHE
5.7% of the fund
+3%
Amplify ETF TRDIVO
4.2% of the fund
+3%
Ishares TREMB
4.0% of the fund
+5%
J P Morgan Exchange Traded FJEPI
2.6% of the fund
+4%
AppleAAPL
2.3% of the fund
+4%
NvidiaNVDA
1.9% of the fund
+2%
MicrosoftMSFT
1.2% of the fund
+15%
J P Morgan Exchange Traded FHELO
1.0% of the fund
+7%
Taiwan Semiconductor ManufacturingTSM
0.8% of the fund
+10%
Micron TechnologyMU
0.5% of the fund
+4%
Eli LillyLLY
0.5% of the fund
+5%
Meta PlatformsMETA
0.4% of the fund
+3%
TeslaTSLA
0.3% of the fund
+15%
Home DepotHD
0.3% of the fund
+87%
Costco WholesaleCOST
0.3% of the fund
+38%
Johnson & JohnsonJNJ
0.3% of the fund
+23%
RTXRTX
0.2% of the fund
+6%
Novo Nordisk A SNVO
0.2% of the fund
+6%
Ishares TRIYR
0.2% of the fund
+9%
MastercardMA
0.2% of the fund
+3%

Cut

Sold some of their stake.

Vaneck ETF TrustMOAT
1.1% of the fund
-5%
Ishares TRIVV
1.0% of the fund
-3%
AlphabetGOOGL
0.9% of the fund
-3%
Amazon.comAMZN
0.8% of the fund
-4%
Vanguard Index FDSVOO
0.6% of the fund
-9%
CaterpillarCAT
0.3% of the fund
-2%
ExxonMobil HoldingsXOM
0.2% of the fund
-9%
Ishares TRIOO
0.2% of the fund
-4%
OracleORCL
0.2% of the fund
-4%
WalmartWMT
0.2% of the fund
-3%
General ElectricGE
0.2% of the fund
-10%

Sold out

Sold their entire stake.

NetflixNFLX
-100%

Holdings

Invesco Exch Traded FD TR IISPMO
Share
14.9%
Value
$22m
Shares
133,258
Held
Invesco Exchange Traded FD TSPHQ
Share
13.7%
Value
$20m
Shares
220,001
+3%
J P Morgan Exchange Traded FJCPB
Share
8.5%
Value
$12m
Shares
261,576
+5%
Legg Mason ETF InvtLVHI
Share
7.8%
Value
$11m
Shares
278,606
+2%
Global X FDSAUSF
Share
6.2%
Value
$9m
Shares
183,824
+3%
Ishares TRTLT
Share
5.7%
Value
$8m
Shares
95,871
+7%
Schwab Strategic TRSCHE
Share
5.7%
Value
$8m
Shares
226,424
+3%
Amplify ETF TRDIVO
Share
4.2%
Value
$6m
Shares
132,366
+3%
Ishares TREMB
Share
4.0%
Value
$6m
Shares
59,192
+5%
J P Morgan Exchange Traded FJEPI
Share
2.6%
Value
$4m
Shares
66,717
+4%
AppleAAPL
Share
2.3%
Value
$3m
Shares
11,612
+4%
NvidiaNVDA
Share
1.9%
Value
$3m
Shares
13,859
+2%
MicrosoftMSFT
Share
1.2%
Value
$2m
Shares
4,528
+15%
Vaneck ETF TrustMOAT
Share
1.1%
Value
$2m
Shares
15,505
-5%
Berkshire HathawayBRK-B
Share
1.0%
Value
$1m
Shares
2,836
Held
Ishares TRIVV
Share
1.0%
Value
$1m
Shares
1,883
-3%
J P Morgan Exchange Traded FHELO
Share
1.0%
Value
$1m
Shares
20,452
+7%
AlphabetGOOGL
Share
0.9%
Value
$1m
Shares
3,792
-3%
Taiwan Semiconductor ManufacturingTSM
Share
0.8%
Value
$1m
Shares
2,363
+10%
Amazon.comAMZN
Share
0.8%
Value
$1m
Shares
4,651
-4%
Vanguard Index FDSVUG
Share
0.6%
Value
$916,371
Shares
10,638
Held
Vanguard Index FDSVOO
Share
0.6%
Value
$875,219
Shares
1,274
-9%
AlphabetGOOG
Share
0.6%
Value
$819,336
Shares
2,319
Held
BroadcomAVGO
Share
0.6%
Value
$800,229
Shares
2,118
Held
Micron TechnologyMU
Share
0.5%
Value
$765,640
Shares
663
+4%
Vanguard Tax-Managed FDSVEA
Share
0.5%
Value
$731,211
Shares
10,263
Held
Pimco ETF TRSMMU
Share
0.5%
Value
$706,168
Shares
13,984
Held
Eli LillyLLY
Share
0.5%
Value
$669,103
Shares
558
+5%
JPMorgan ChaseJPM
Share
0.5%
Value
$656,238
Shares
2,005
Held
Vanguard Index FDSVTV
Share
0.4%
Value
$636,381
Shares
2,920
Held
Meta PlatformsMETA
Share
0.4%
Value
$606,756
Shares
1,077
+3%
DBX ETF TRDBEF
Share
0.4%
Value
$596,055
Shares
10,911
Held
IntelINTC
Share
0.4%
Value
$591,698
Shares
4,238
New
TeslaTSLA
Share
0.3%
Value
$504,720
Shares
1,200
+15%
Ishares TRIYW
Share
0.3%
Value
$490,815
Shares
1,946
Held
Advanced Micro DevicesAMD
Share
0.3%
Value
$487,964
Shares
840
New
Home DepotHD
Share
0.3%
Value
$453,272
Shares
1,285
+87%
Costco WholesaleCOST
Share
0.3%
Value
$427,239
Shares
457
+38%
Johnson & JohnsonJNJ
Share
0.3%
Value
$419,742
Shares
1,653
+23%
Royal Caribbean CruisesRCL
Share
0.3%
Value
$408,323
Shares
1,286
Held
CaterpillarCAT
Share
0.3%
Value
$375,559
Shares
353
-2%
Lam ResearchLRCX
Share
0.3%
Value
$364,470
Shares
841
New
Ishares TRMTUM
Share
0.3%
Value
$363,400
Shares
1,060
Held
RTXRTX
Share
0.2%
Value
$352,472
Shares
1,858
+6%
Novo Nordisk A SNVO
Share
0.2%
Value
$345,743
Shares
7,212
+6%
ExxonMobil HoldingsXOM
Share
0.2%
Value
$338,394
Shares
2,475
-9%
Ishares TRIOO
Share
0.2%
Value
$325,933
Shares
2,386
-4%
J P Morgan Exchange Traded FJMUB
Share
0.2%
Value
$321,895
Shares
6,355
Held
Applied MaterialsAMAT
Share
0.2%
Value
$321,690
Shares
445
New
Cisco SystemsCSCO
Share
0.2%
Value
$321,242
Shares
2,735
New
Royce Small-Cap TrustRVT
Share
0.2%
Value
$320,961
Shares
17,377
Held
Ishares TRIYR
Share
0.2%
Value
$310,431
Shares
3,036
+9%
VisaV
Share
0.2%
Value
$303,546
Shares
885
Held
OracleORCL
Share
0.2%
Value
$290,575
Shares
1,983
-4%
WalmartWMT
Share
0.2%
Value
$283,762
Shares
2,505
-3%
SempraSRE
Share
0.2%
Value
$267,424
Shares
2,885
Held
Procter & GamblePG
Share
0.2%
Value
$257,024
Shares
1,753
Held
Ishares TRIJR
Share
0.2%
Value
$256,363
Shares
1,729
Held
ASML Holding NVASML
Share
0.2%
Value
$254,648
Shares
128
New
MckessonMCK
Share
0.2%
Value
$247,097
Shares
327
New
General ElectricGE
Share
0.2%
Value
$246,764
Shares
660
-10%
Ishares TRIJH
Share
0.2%
Value
$235,764
Shares
3,057
Held
UnileverUL
Share
0.2%
Value
$235,310
Shares
3,914
New
MastercardMA
Share
0.2%
Value
$233,889
Shares
455
+3%
General DynamicsGD
Share
0.2%
Value
$233,258
Shares
658
+5%
Vanguard Index FDSVBK
Share
0.2%
Value
$228,602
Shares
625
New
Vanguard Index FDSVBR
Share
0.2%
Value
$219,115
Shares
902
New
Global X FDSPAVE
Share
0.1%
Value
$206,809
Shares
3,510
New
CrowdStrike HoldingsCRWD
Share
0.1%
Value
$203,758
Shares
267
New
Ishares TRHEFA
Share
0.1%
Value
$201,533
Shares
4,295
New
ImmunityBioIBRX
Share
0.1%
Value
$175,100
Shares
20,000
Held
Mizuho Financial GroupMFG
Share
<0.1%
Value
$101,874
Shares
10,634
Held

Company	Share of fund	Value	Shares	Change
Invesco Exch Traded FD TR IISPMO	14.9%	$22m	133,258	Held
Invesco Exchange Traded FD TSPHQ	13.7%	$20m	220,001	+3%
J P Morgan Exchange Traded FJCPB	8.5%	$12m	261,576	+5%
Legg Mason ETF InvtLVHI	7.8%	$11m	278,606	+2%
Global X FDSAUSF	6.2%	$9m	183,824	+3%
Ishares TRTLT	5.7%	$8m	95,871	+7%
Schwab Strategic TRSCHE	5.7%	$8m	226,424	+3%
Amplify ETF TRDIVO	4.2%	$6m	132,366	+3%
Ishares TREMB	4.0%	$6m	59,192	+5%
J P Morgan Exchange Traded FJEPI	2.6%	$4m	66,717	+4%
AppleAAPL	2.3%	$3m	11,612	+4%
NvidiaNVDA	1.9%	$3m	13,859	+2%
MicrosoftMSFT	1.2%	$2m	4,528	+15%
Vaneck ETF TrustMOAT	1.1%	$2m	15,505	-5%
Berkshire HathawayBRK-B	1.0%	$1m	2,836	Held
Ishares TRIVV	1.0%	$1m	1,883	-3%
J P Morgan Exchange Traded FHELO	1.0%	$1m	20,452	+7%
AlphabetGOOGL	0.9%	$1m	3,792	-3%
Taiwan Semiconductor ManufacturingTSM	0.8%	$1m	2,363	+10%
Amazon.comAMZN	0.8%	$1m	4,651	-4%
Vanguard Index FDSVUG	0.6%	$916,371	10,638	Held
Vanguard Index FDSVOO	0.6%	$875,219	1,274	-9%
AlphabetGOOG	0.6%	$819,336	2,319	Held
BroadcomAVGO	0.6%	$800,229	2,118	Held
Micron TechnologyMU	0.5%	$765,640	663	+4%
Vanguard Tax-Managed FDSVEA	0.5%	$731,211	10,263	Held
Pimco ETF TRSMMU	0.5%	$706,168	13,984	Held
Eli LillyLLY	0.5%	$669,103	558	+5%
JPMorgan ChaseJPM	0.5%	$656,238	2,005	Held
Vanguard Index FDSVTV	0.4%	$636,381	2,920	Held
Meta PlatformsMETA	0.4%	$606,756	1,077	+3%
DBX ETF TRDBEF	0.4%	$596,055	10,911	Held
IntelINTC	0.4%	$591,698	4,238	New
TeslaTSLA	0.3%	$504,720	1,200	+15%
Ishares TRIYW	0.3%	$490,815	1,946	Held
Advanced Micro DevicesAMD	0.3%	$487,964	840	New
Home DepotHD	0.3%	$453,272	1,285	+87%
Costco WholesaleCOST	0.3%	$427,239	457	+38%
Johnson & JohnsonJNJ	0.3%	$419,742	1,653	+23%
Royal Caribbean CruisesRCL	0.3%	$408,323	1,286	Held
CaterpillarCAT	0.3%	$375,559	353	-2%
Lam ResearchLRCX	0.3%	$364,470	841	New
Ishares TRMTUM	0.3%	$363,400	1,060	Held
RTXRTX	0.2%	$352,472	1,858	+6%
Novo Nordisk A SNVO	0.2%	$345,743	7,212	+6%
ExxonMobil HoldingsXOM	0.2%	$338,394	2,475	-9%
Ishares TRIOO	0.2%	$325,933	2,386	-4%
J P Morgan Exchange Traded FJMUB	0.2%	$321,895	6,355	Held
Applied MaterialsAMAT	0.2%	$321,690	445	New
Cisco SystemsCSCO	0.2%	$321,242	2,735	New
Royce Small-Cap TrustRVT	0.2%	$320,961	17,377	Held
Ishares TRIYR	0.2%	$310,431	3,036	+9%
VisaV	0.2%	$303,546	885	Held
OracleORCL	0.2%	$290,575	1,983	-4%
WalmartWMT	0.2%	$283,762	2,505	-3%
SempraSRE	0.2%	$267,424	2,885	Held
Procter & GamblePG	0.2%	$257,024	1,753	Held
Ishares TRIJR	0.2%	$256,363	1,729	Held
ASML Holding NVASML	0.2%	$254,648	128	New
MckessonMCK	0.2%	$247,097	327	New
General ElectricGE	0.2%	$246,764	660	-10%
Ishares TRIJH	0.2%	$235,764	3,057	Held
UnileverUL	0.2%	$235,310	3,914	New
MastercardMA	0.2%	$233,889	455	+3%
General DynamicsGD	0.2%	$233,258	658	+5%
Vanguard Index FDSVBK	0.2%	$228,602	625	New
Vanguard Index FDSVBR	0.2%	$219,115	902	New
Global X FDSPAVE	0.1%	$206,809	3,510	New
CrowdStrike HoldingsCRWD	0.1%	$203,758	267	New
Ishares TRHEFA	0.1%	$201,533	4,295	New
ImmunityBioIBRX	0.1%	$175,100	20,000	Held
Mizuho Financial GroupMFG	<0.1%	$101,874	10,634	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 4.2% since 30 June 2025.

Where the money is

Technology9.1%

Media & telecom1.9%

Financial services1.9%

Retail & consumer1.7%

Health care1.3%

Industrials1.0%

Everyday goods0.7%

Energy0.2%

Utilities0.2%

Other82.0%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.