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Sierra Summit Advisors LLC

CIK:0002012614
Hedge Fund
$562M AUM
177 holdings
Incline Village, NV, United States
Founded:2023
2 employees
Latest filing:Jun 30, 2025

Sierra Summit Advisors LLC is a Nevada-based, partner-owned investment management and advisory firm headquartered in Incline Village, Nevada. Founded in 2023 by Joseph and Denise Seminetta, the firm specializes in providing investment management services to high-net-worth individuals and institutional clients. As of 2025, the firm reports assets under management (AUM) of approximately $562 million and has rapidly expanded its portfolio holdings since inception.

Investment Strategy

Sierra Summit Advisors LLC employs a diversified, active investment strategy focused on U.S. equities. The firm manages a broad portfolio with positions across sectors, including leading technology, consumer, and industrial companies. Investment decisions are based on fundamental analysis combined with market trend evaluations, with an emphasis on long-term capital appreciation. The firm is opportunistic in adjusting holdings and initiating new positions, as evidenced by frequent portfolio rebalancing and sector shifts based on prevailing market conditions.

Top Buys
R
RDDTREDDIT INC
+$13.1M
S
SPOTSPOTIFY TECHNOLOGY S A
+$13.0M
S
SHOPSHOPIFY INC
+$12.0M
B
BIDUBAIDU INC
+$11.1M
N
NVDANVIDIA CORPORATION
+$10.8M
Top Sells
B
BXBLACKSTONE INC
-$11.0M
S
SOFISOFI TECHNOLOGIES INC
-$9.7M
D
DOCUDOCUSIGN INC
-$9.4M
B
BSXBOSTON SCIENTIFIC CORP
-$8.6M
D
DOCSDOXIMITY INC
-$8.5M

Top Holdings

N
NVDANVIDIA CORPORATION
+6.1%$34.5M
A
AAPLAPPLE INC
+4.1%$23.1M
G
GOOGLALPHABET INC
+3.1%$17.5M
H
HOODROBINHOOD MKTS INC
+3.1%$17.2M
T
TSLATESLA INC
+2.9%$16.6M

Equity Positions (176)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NVDA
NVIDIA CORPORATION6.14%$34.5M218,216$61.03$157.99+$10.8M
A
AAPL
APPLE INC4.11%$23.1M112,642$195.60$205.17-$1.6M
G
GOOGL
ALPHABET INC3.12%$17.5M99,547$148.84$176.23+$1.9M
H
HOOD
ROBINHOOD MKTS INC3.07%$17.2M184,159$41.62$93.63+$8.9M
T
TSLA
TESLA INC2.95%$16.6M52,123$291.70$317.66+$4.3M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+11.2%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+8.6%
SERVICES-PREPACKAGED SOFTWARE
+5.0%
ELECTRONIC COMPUTERS
+4.1%
SERVICES-BUSINESS SERVICES, NEC
+4.1%