Latest SIERRA SUMMIT ADVISORS LLC Stock Portfolio
SIERRA SUMMIT ADVISORS LLC Performance:
2024 Q3: -13.08%YTD: -3.04%
Performance for 2024 Q3 is -13.08%, and YTD is -3.04%.
About SIERRA SUMMIT ADVISORS LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, SIERRA SUMMIT ADVISORS LLC reported an equity portfolio of $435.1 Millions as of 30 Sep, 2024.
The top stock holdings of SIERRA SUMMIT ADVISORS LLC are AAPL, NVDA, IJR. The fund has invested 6.1% of it's portfolio in APPLE INC and 5.8% of portfolio in NVIDIA CORPORATION.
The fund managers got completely rid off DATADOG INC (DDOG), SHOPIFY INC and LULULEMON ATHLETICA INC (LULU) stocks. They significantly reduced their stock positions in SALESFORCE INC (CRM), VISA INC (V) and CBOE GLOBAL MKTS INC. SIERRA SUMMIT ADVISORS LLC opened new stock positions in TECHNIPFMC PLC (FTI), LAM RESEARCH CORP (LRCX) and COREBRIDGE FINL INC (CRBG). The fund showed a lot of confidence in some stocks as they added substantially to BLACKSTONE INC (BX), HESS CORP (HES) and STEEL DYNAMICS INC (STLD).
The top stock holdings of SIERRA SUMMIT ADVISORS LLC are AAPL, NVDA, IJR. The fund has invested 6.1% of it's portfolio in APPLE INC and 5.8% of portfolio in NVIDIA CORPORATION.
The fund managers got completely rid off DATADOG INC (DDOG), SHOPIFY INC and LULULEMON ATHLETICA INC (LULU) stocks. They significantly reduced their stock positions in SALESFORCE INC (CRM), VISA INC (V) and CBOE GLOBAL MKTS INC. SIERRA SUMMIT ADVISORS LLC opened new stock positions in TECHNIPFMC PLC (FTI), LAM RESEARCH CORP (LRCX) and COREBRIDGE FINL INC (CRBG). The fund showed a lot of confidence in some stocks as they added substantially to BLACKSTONE INC (BX), HESS CORP (HES) and STEEL DYNAMICS INC (STLD).
SIERRA SUMMIT ADVISORS LLC Annual Return Estimates Vs S&P 500
Our best estimate is that SIERRA SUMMIT ADVISORS LLC made a return of -13.08% in the last quarter. In trailing 12 months, it's portfolio return was 3.17%.
New Buys
| Ticker | $ Bought |
|---|---|
| technipfmc plc | 10,506,500 |
| lam research corp | 9,952,910 |
| corebridge finl inc | 8,619,870 |
| vertiv holdings co | 7,415,990 |
| constellation brands inc | 7,177,440 |
| ulta beauty inc | 6,574,180 |
| csx corp | 6,524,760 |
| target corp | 1,733,630 |
New stocks bought by SIERRA SUMMIT ADVISORS LLC
Additions
| Ticker | % Inc. |
|---|---|
| blackstone inc | 138 |
| hess corp | 107 |
| steel dynamics inc | 99.55 |
| oracle corp | 75.62 |
| alphabet inc | 61.9 |
| ishares tr | 58.5 |
| goldman sachs group inc | 51.62 |
| tesla inc | 39.23 |
Additions to existing portfolio by SIERRA SUMMIT ADVISORS LLC
Reductions
| Ticker | % Reduced |
|---|---|
| salesforce inc | -95.86 |
| visa inc | -93.86 |
| cboe global mkts inc | -91.63 |
| vanguard index fds | -32.72 |
| wells fargo co new | -28.82 |
| boston scientific corp | -25.04 |
| mercadolibre inc | -24.21 |
| intuitive surgical inc | -21.09 |
SIERRA SUMMIT ADVISORS LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| celsius hldgs inc | -7,537,420 |
| shopify inc | -8,182,340 |
| datadog inc | -10,452,800 |
| teekay corporation | -654,802 |
| daktronics inc | -963,387 |
| immersion corp | -594,722 |
| greenlight capital re ltd | -673,458 |
| urban edge pptys | -667,266 |
SIERRA SUMMIT ADVISORS LLC got rid off the above stocks
Sector Distribution
SIERRA SUMMIT ADVISORS LLC has about 27.8% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 27.8 |
| Others | 16.1 |
| Healthcare | 13.6 |
| Consumer Cyclical | 12 |
| Communication Services | 9 |
| Financial Services | 7.3 |
| Industrials | 5.6 |
| Energy | 4.3 |
| Consumer Defensive | 2.9 |
Market Cap. Distribution
SIERRA SUMMIT ADVISORS LLC has about 81.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 43.9 |
| MEGA-CAP | 38 |
| UNALLOCATED | 16.1 |
| MID-CAP | 1.1 |
Stocks belong to which Index?
About 74.4% of the stocks held by SIERRA SUMMIT ADVISORS LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 72.4 |
| Others | 25.6 |
| RUSSELL 2000 | 2 |
SIERRA SUMMIT ADVISORS LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SIERRA SUMMIT ADVISORS LLC
SIERRA SUMMIT ADVISORS LLC has 136 stocks in it's portfolio. About 37.1% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. MELI was the most profitable stock for SIERRA SUMMIT ADVISORS LLC last quarter.
Last Reported on: 13 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 6.10 | 113,820 | 26,520,100 | added | 6.01 | ||
| ABBV | abbvie inc | 0.61 | 13,536 | 2,673,090 | added | 11.9 | ||
| ABT | abbott labs | 0.09 | 3,500 | 399,035 | unchanged | 0.00 | ||
| ACM | aecom | 1.56 | 65,813 | 6,796,510 | reduced | -0.12 | ||
| ACMR | acm resh inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ACN | accenture plc ireland | 0.20 | 2,475 | 874,863 | unchanged | 0.00 | ||
| ADBE | adobe inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADM | archer daniels midland co | 0.11 | 7,746 | 462,747 | added | 19.76 | ||
| ADUS | addus homecare corp | 0.19 | 6,090 | 810,153 | new | |||
| AEP | american elec pwr co inc | 0.16 | 6,658 | 683,111 | added | 35.38 | ||
| AFL | aflac inc | 0.13 | 5,000 | 559,000 | unchanged | 0.00 | ||
| AMD | advanced micro devices inc | 2.09 | 55,457 | 9,099,380 | added | 8.69 | ||
| AMEH | astrana health inc | 0.20 | 14,787 | 856,759 | new | |||
| AMGN | amgen inc | 0.24 | 3,265 | 1,052,020 | added | 20.75 | ||
| AMZN | amazon com inc | 3.21 | 74,917 | 13,959,300 | added | 5.36 | ||
| AVGO | broadcom inc | 0.73 | 18,465 | 3,185,210 | added | 21.64 | ||
| BAC | bank america corp | 0.22 | 24,466 | 970,811 | added | 20.44 | ||
| BELFB | bel fuse inc | 0.10 | 4,244 | 421,981 | new | |||
| BKNG | booking holdings inc | 1.76 | 1,819 | 7,661,850 | added | 5.57 | ||
| BLK | blackrock inc | 0.15 | 669 | 635,223 | added | 25.75 | ||