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Sierra Ocean, LLC

SEC CIK
0002051715
Latest filing
Aug 7, 2026

The latest 13F from Sierra Ocean, LLC covers Q2 2026 (filed Aug 7, 2026): 72 long positions worth $144.5M. The top 10 holdings make up 73.3% of the portfolio, and the largest is Invesco Exch Traded FD Tr II at 14.9%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 2024.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
13
Est. +$3.88M
Added
32
Est. +$4.63M
Reduced
21
Est. −$452.1K
Sold out
1
Est. −$234.3K

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco Exch Traded FD Tr II46138E339
    14.9%$21.5M
  2. Invesco S&P 500 Quality ETF46137V241
    13.7%$19.8M
  3. J P Morgan Exchange Traded F46641Q670
    8.5%$12.3M
  4. Legg Mason ETF Invt52468L505
    7.8%$11.3M
  5. Global X FDS37954Y574
    6.2%$8.98M

Biggest buys

New and added positions, by estimated amount bought

  1. J P Morgan Exchange Traded F46641Q670
    +$624.3KAdded
  2. INTCIntel Corp
    +$591.7KNewHistory
  3. Invesco S&P 500 Quality ETF46137V241
    +$516.4KAdded
  4. iShares Tr464287432
    +$505.4KAdded
  5. AMDAdvanced Micro Devices Inc
    +$488.0KNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Invesco Exch Traded FD Tr II46138E339
    +2.87 pp12.0% → 14.9%
  2. Invesco S&P 500 Quality ETF46137V241
    +0.49 pp13.2% → 13.7%
  3. INTCIntel Corp
    +0.41 pp0.0% → 0.4%History
  4. MUMicron Technology Inc
    +0.35 pp0.2% → 0.5%History
  5. AMDAdvanced Micro Devices Inc
    +0.34 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. NFLXNetflix Inc
    −$234.3KSold outHistory
  2. Vanguard S&P 500 ETF922908363
    −$83.8KReduced
  3. VanEck Morningstar Wide Moat ETF92189F643
    −$80.9KReduced
  4. AMZNAmazon Com Inc
    −$50.8KReducedHistory
  5. iShares Core S&P 500 ETF464287200
    −$50.2KReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. NFLXNetflix Inc
    −0.19 pp0.2% → 0.0%History
  2. VanEck Morningstar Wide Moat ETF92189F643
    −0.18 pp1.3% → 1.1%
  3. BRK.BBerkshire Hathaway Inc
    −0.14 pp1.1% → 1.0%History
  4. XOMExxonMobil Holdings Corp
    −0.14 pp0.4% → 0.2%History
  5. PIMCO ETF Tr72201R874
    −0.10 pp0.6% → 0.5%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$144.5M
+$22.7M (+18.6%) vs. prior quarter
Positions
72
+12 vs. prior quarter
Top 10 concentration
73.3%
Top 10 as share of value
Turnover
0.5%
Q2 2026, one quarter
Average holding period
6.6 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2024), so positions held before then are understated.

13F filings by quarter

7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $144.5M (Q2 2026)

Q4 2024: $122.5MQ1 2025: $126.7MQ2 2025: $138.7MQ3 2025: $119.0MQ4 2025: $120.8MQ1 2026: $121.8MQ2 2026: $144.5M
Q4 2024Q2 2026
13F filings of Sierra Ocean, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 7, 202672$144.5MInvesco Exch Traded FD Tr IIInvesco S&P 500 Quality ETFJ P Morgan Exchange Traded Fvs. Q1 2026SEC
Q1 2026Apr 27, 202660$121.8MInvesco S&P 500 Quality ETFInvesco Exch Traded FD Tr IIJ P Morgan Exchange Traded Fvs. Q4 2025SEC
Q4 2025Feb 6, 202661$120.8MInvesco S&P 500 Quality ETFInvesco Exch Traded FD Tr IIJ P Morgan Exchange Traded Fvs. Q3 2025SEC
Q3 2025Nov 7, 202563$119.0MInvesco Exch Traded FD Tr IIInvesco S&P 500 Quality ETFJ P Morgan Exchange Traded Fvs. Q2 2025SEC
Q2 2025Aug 7, 20251,028$138.7MInvesco S&P 500 Quality ETFVanEck Morningstar Wide Moat ETFInvesco Exch Traded FD Tr IIvs. Q1 2025SEC
Q1 2025Apr 29, 20251,049$126.7MVanEck Morningstar Wide Moat ETFInvesco S&P 500 Quality ETFJ P Morgan Exchange Traded Fvs. Q4 2024SEC
Q4 2024Jan 31, 20251,040$122.5MVanEck Morningstar Wide Moat ETFInvesco S&P 500 Quality ETFInvesco Exchange Traded FD T–SEC