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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.

Latest 13F Filing Activity

Sierra Summit Advisors LLC filed their most recent 13F report on Jun 30, 2025 disclosing 176 equity positions with a total 13F market value of $562M. The fund increased holdings in Reddit Inc., Spotify Technology S A, Shopify Inc. among other positions. Sierra Summit Advisors LLC reduced exposure to Blackstone Inc., Sofi Technologies Inc., Docusign Inc. among others.

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)
NVIDIA CORPORATION6.14%$34.5M218,216$61.03$157.99+$10.8M
APPLE INC4.11%$23.1M112,642$195.60$205.17-$1.6M
ALPHABET INC3.12%$17.5M99,547$148.84$176.23+$1.9M
ROBINHOOD MKTS INC3.07%$17.2M184,159$41.62$93.63+$8.9M
TESLA INC2.95%$16.6M52,123$291.70$317.66+$4.3M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+12.5%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+7.3%
SERVICES-PREPACKAGED SOFTWARE
+5.0%
SERVICES-BUSINESS SERVICES, NEC
+4.3%
ELECTRONIC COMPUTERS
+4.2%