Sierra Summit Advisors 13F annual report
Sierra Summit Advisors is an investment fund managing more than $401 billion ran by Chad Whiteley. There are currently 134 companies in Mr. Whiteley’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $45.9 billion.
$401 billion Assets Under Management (AUM)
As of 2nd August 2024, Sierra Summit Advisors’s top holding is 188,541 shares of NVIDIA Corp currently worth over $23.3 billion and making up 5.8% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Sierra Summit Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 107,372 shares of Apple Inc worth $22.6 billion, whose value grew 13.0% in the past six months.
The third-largest holding is Alphabet Inc worth $16.1 billion and the next is Amazon.com worth $13.7 billion, with 71,108 shares owned.
Currently, Sierra Summit Advisors's portfolio is worth at least $401 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Sierra Summit Advisors
The Sierra Summit Advisors office and employees reside in Incline Village, Nevada. According to the last 13-F report filed with the SEC, Chad Whiteley serves as the Managing Member at Sierra Summit Advisors.
Recent trades
In the most recent 13F filing, Sierra Summit Advisors revealed that it had opened a new position in
First Solar Inc and bought 44,899 shares worth $10.1 billion.
This means they effectively own approximately 0.1% of the company.
First Solar Inc makes up
82.3%
of the fund's Utilities sector allocation and has grown its share price by 4.7% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
166,683 additional shares.
This makes their stake in NVIDIA Corp total 188,541 shares worth $23.3 billion.
NVIDIA Corp dropped 75.3% in the past year.
On the other hand, there are companies that Sierra Summit Advisors is getting rid of from its portfolio.
Sierra Summit Advisors closed its position in Match on 9th August 2024.
It sold the previously owned 254,692 shares for $9.24 billion.
Chad Whiteley also disclosed a decreased stake in Apple Inc by 0.1%.
This leaves the value of the investment at $22.6 billion and 107,372 shares.
One of the smaller hedge funds
The two most similar investment funds to Sierra Summit Advisors are Icon Advisers Inc/co and Woodard & Co Asset Management Group Inc adv. They manage $401 billion and $401 billion respectively.
Chad Whiteley investment strategy
Sierra Summit Advisors’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 32.2% of
the total portfolio value.
The fund focuses on investments in the United States as
64.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
59% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $149 billion.
The complete list of Sierra Summit Advisors trades based on 13F SEC filings
These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
762.57%
188,541
|
$23,292,356,000 | 5.81% |
| Apple Inc |
11.00%
107,372
|
$22,614,691,000 | 5.64% |
| Alphabet Inc |
2.76%
88,212
|
$16,074,383,000 | 4.01% |
| Amazon.com Inc. |
6.11%
71,108
|
$13,741,621,000 | 3.43% |
| Intuitive Surgical Inc |
0.76%
27,189
|
$12,095,027,000 | 3.02% |
| Palo Alto Networks Inc |
22.86%
34,119
|
$11,566,683,000 | 2.89% |
| Meta Platforms Inc |
1.48%
22,483
|
$11,336,379,000 | 2.83% |
| Boston Scientific Corp. |
6.53%
147,030
|
$11,322,781,000 | 2.83% |
| Ishares Tr |
7.91%
156,596
|
$16,832,298,000 | 4.20% |
| Datadog Inc |
112.82%
80,598
|
$10,452,755,000 | 2.61% |
| Icon Plc |
4.52%
33,344
|
$10,452,344,000 | 2.61% |
| MercadoLibre Inc |
2.55%
6,324
|
$10,392,862,000 | 2.59% |
| First Solar Inc |
Opened
44,899
|
$10,122,929,000 | 2.53% |
| Microsoft Corporation |
2.67%
22,296
|
$9,965,198,000 | 2.49% |
| Pfizer Inc. |
4.94%
349,690
|
$9,784,327,000 | 2.44% |
| Match Group Inc. |
Closed
254,692
|
$9,240,226,000 | |
| Zscaler Inc |
Closed
47,143
|
$9,081,157,000 | |
| Cboe Global Mkts Inc |
78.96%
53,295
|
$9,063,348,000 | 2.26% |
| Salesforce Inc |
16.59%
33,578
|
$8,632,904,000 | 2.15% |
| Quanta Svcs Inc |
47.79%
33,732
|
$8,570,964,000 | 2.14% |
| Advanced Micro Devices Inc. |
0.63%
51,024
|
$8,276,604,000 | 2.07% |
| Shopify Inc |
3.88%
123,881
|
$8,182,341,000 | 2.04% |
| Eli Lilly & Co |
6.70%
8,899
|
$8,056,977,000 | 2.01% |
| Ge Vernova Inc |
Opened
46,787
|
$8,024,439,000 | 2.00% |
| Visa Inc |
7.26%
29,512
|
$7,746,015,000 | 1.93% |
| Lululemon Athletica inc. |
43.81%
25,498
|
$7,616,253,000 | 1.90% |
| Celsius Holdings Inc |
7.12%
132,027
|
$7,537,422,000 | 1.88% |
| Snowflake Inc. |
Closed
45,473
|
$7,348,437,000 | |
| Booking Holdings Inc |
2.56%
1,723
|
$6,825,665,000 | 1.70% |
| Phillips 66 |
Opened
44,356
|
$6,261,737,000 | 1.56% |
| UiPath, Inc. |
Closed
272,434
|
$6,176,079,000 | |
| MongoDB Inc |
Opened
24,050
|
$6,011,538,000 | 1.50% |
| AECOM |
Opened
65,889
|
$5,807,457,000 | 1.45% |
| Crowdstrike Holdings Inc |
2.28%
15,011
|
$5,752,066,000 | 1.44% |
| Netflix Inc. |
12.64%
8,474
|
$5,718,934,000 | 1.43% |
| Thermo Fisher Scientific Inc. |
38.34%
8,213
|
$4,541,789,000 | 1.13% |
| Tesla Inc |
Opened
21,213
|
$4,197,629,000 | 1.05% |
| Blackstone Inc |
Opened
30,429
|
$3,767,111,000 | 0.94% |
| PDD Holdings Inc |
Opened
23,298
|
$3,097,470,000 | 0.77% |
| Broadcom Inc. |
12.86%
1,518
|
$2,437,195,000 | 0.61% |
| JPMorgan Chase & Co. |
5.05%
11,728
|
$2,372,106,000 | 0.59% |
| Abbvie Inc |
10.56%
12,097
|
$2,074,878,000 | 0.52% |
| Spdr S&p 500 Etf Tr |
18.51%
3,764
|
$2,048,445,000 | 0.51% |
| Unitedhealth Group Inc |
76.34%
3,314
|
$1,687,688,000 | 0.42% |
| Qualcomm, Inc. |
12.26%
8,047
|
$1,602,802,000 | 0.40% |
| International Business Machs |
12.35%
9,072
|
$1,569,003,000 | 0.39% |
| Cummins Inc. |
12.07%
5,136
|
$1,422,313,000 | 0.35% |
| Target Corp |
9.50%
9,178
|
$1,358,712,000 | 0.34% |
| Johnson & Johnson |
7.68%
9,195
|
$1,343,942,000 | 0.34% |
| Rush Enterprises Inc |
Closed
23,719
|
$1,269,441,000 | |
| Home Depot, Inc. |
52.62%
3,414
|
$1,175,236,000 | 0.29% |
| CME Group Inc |
No change
5,622
|
$1,105,286,000 | 0.28% |
| Comcast Corp New |
8.61%
27,762
|
$1,087,160,000 | 0.27% |
| Chubb Limited |
9.79%
4,251
|
$1,084,346,000 | 0.27% |
| Cisco Sys Inc |
7.28%
22,721
|
$1,079,475,000 | 0.27% |
| Daktronics Inc. |
9.49%
69,060
|
$963,387,000 | 0.24% |
| Vanguard Index Fds |
8.93%
2,500
|
$934,985,000 | 0.23% |
| Merck & Co Inc |
14.39%
6,970
|
$862,886,000 | 0.22% |
| AMGEN Inc. |
87.92%
2,704
|
$844,865,000 | 0.21% |
| Bank America Corp |
136.21%
20,314
|
$807,888,000 | 0.20% |
| Juniper Networks Inc |
14.98%
22,141
|
$807,261,000 | 0.20% |
| General Dynamics Corp. |
10.62%
2,761
|
$801,077,000 | 0.20% |
| Gilead Sciences, Inc. |
Opened
11,408
|
$782,703,000 | 0.20% |
| NRG Energy Inc. |
8.33%
9,870
|
$768,479,000 | 0.19% |
| Accenture Plc Ireland |
No change
2,475
|
$750,940,000 | 0.19% |
| Corning, Inc. |
7.24%
19,298
|
$749,728,000 | 0.19% |
| Tyson Foods, Inc. |
9.03%
12,796
|
$731,164,000 | 0.18% |
| HomeTrust Bancshares Inc |
Opened
23,692
|
$711,471,000 | 0.18% |
| Northeast Cmnty Bancorp Inc |
Opened
39,147
|
$697,600,000 | 0.17% |
| Cnx Res Corp |
7.67%
28,657
|
$696,366,000 | 0.17% |
| Bristol-Myers Squibb Co. |
Closed
12,567
|
$681,509,000 | |
| Greenlight Capital Re Ltd |
16.26%
51,409
|
$673,458,000 | 0.17% |
| Innovative Indl Pptys Inc |
Opened
6,157
|
$672,468,000 | 0.17% |
| Acm Resh Inc |
49.15%
29,080
|
$670,585,000 | 0.17% |
| Urban Edge Pptys |
Opened
36,127
|
$667,266,000 | 0.17% |
| Teekay Corp |
Opened
72,999
|
$654,802,000 | 0.16% |
| Greenbrier Cos., Inc. |
28.50%
13,152
|
$651,682,000 | 0.16% |
| Signet Jewelers Limited |
Opened
7,250
|
$649,455,000 | 0.16% |
| Packaging Corp Amer |
17.04%
3,545
|
$647,176,000 | 0.16% |
| Village Super Mkt Inc |
21.65%
24,458
|
$645,936,000 | 0.16% |
| Miller Inds Inc Tenn |
5.16%
11,617
|
$639,168,000 | 0.16% |
| Clearwater Paper Corp |
Opened
13,118
|
$635,830,000 | 0.16% |
| Integer Hldgs Corp |
0.83%
5,368
|
$621,561,000 | 0.16% |
| M/i Homes Inc |
11.03%
5,053
|
$617,174,000 | 0.15% |
| CVS Health Corp |
Closed
7,732
|
$616,705,000 | |
| Perdoceo Ed Corp |
9.34%
28,727
|
$615,333,000 | 0.15% |
| Regeneron Pharmaceuticals, Inc. |
No change
585
|
$614,853,000 | 0.15% |
| Omnicom Group, Inc. |
11.43%
6,834
|
$613,010,000 | 0.15% |
| RTX Corp |
8.25%
6,099
|
$612,279,000 | 0.15% |
| Honda Motor |
16.30%
18,905
|
$609,498,000 | 0.15% |
| Mueller Inds Inc |
Closed
11,226
|
$605,419,000 | |
| Zions Bancorporation N.A |
8.31%
13,863
|
$601,239,000 | 0.15% |
| Micron Technology Inc. |
33.37%
4,568
|
$600,830,000 | 0.15% |
| OSI Systems, Inc. |
Closed
4,188
|
$598,131,000 | |
| Immersion Corp |
Opened
63,201
|
$594,722,000 | 0.15% |
| Green Brick Partners, Inc. |
Closed
9,678
|
$582,906,000 | |
| SolarWinds Corp |
Closed
46,138
|
$582,262,000 | |
| Marathon Digital Holdings In |
Closed
25,494
|
$575,655,000 | |
| Photronics, Inc. |
Closed
19,717
|
$558,386,000 | |
| ePlus Inc |
Closed
7,034
|
$552,451,000 | |
| Surmodics, Inc. |
Closed
18,792
|
$551,358,000 | |
| Forestar Group Inc |
2.20%
17,166
|
$549,141,000 | 0.14% |
| Park-ohio Hldgs Corp |
Closed
20,382
|
$543,792,000 | |
| Exxon Mobil Corp. |
11.53%
4,632
|
$533,236,000 | 0.13% |
| Disney Walt Co |
12.05%
5,132
|
$509,542,000 | 0.13% |
| Genuine Parts Co. |
21.19%
3,626
|
$501,549,000 | 0.13% |
| General Mls Inc |
Closed
6,949
|
$486,222,000 | |
| Spok Holdings Inc |
Closed
30,328
|
$483,732,000 | |
| Oracle Corp. |
54.64%
3,286
|
$463,984,000 | 0.12% |
| Pure Storage Inc |
27.33%
7,035
|
$451,718,000 | 0.11% |
| Aflac Inc. |
Opened
5,000
|
$446,550,000 | 0.11% |
| Wells Fargo Co New |
6.73%
7,401
|
$439,546,000 | 0.11% |
| Nucor Corp. |
13.02%
2,752
|
$435,037,000 | 0.11% |
| Goldman Sachs Group, Inc. |
19.52%
955
|
$431,966,000 | 0.11% |
| American Elec Pwr Co Inc |
18.14%
4,918
|
$431,506,000 | 0.11% |
| Dow Inc |
5.67%
8,108
|
$430,130,000 | 0.11% |
| Select Sector Spdr Tr |
12.59%
11,043
|
$424,162,000 | 0.11% |
| Vanguard Intl Equity Index F |
19.24%
7,220
|
$423,381,000 | 0.11% |
| Mcdonalds Corp |
4.86%
1,660
|
$423,035,000 | 0.11% |
| Blackrock Inc. |
20.09%
532
|
$418,855,000 | 0.10% |
| Interpublic Group Cos Inc |
12.50%
14,217
|
$413,573,000 | 0.10% |
| Evergy Inc |
Opened
7,682
|
$406,916,000 | 0.10% |
| Hess Corporation |
83.33%
2,750
|
$405,680,000 | 0.10% |
| Williams Cos Inc |
No change
9,483
|
$403,028,000 | 0.10% |
| Archer Daniels Midland Co. |
11.59%
6,468
|
$390,991,000 | 0.10% |
| Pepsico Inc |
No change
2,299
|
$379,175,000 | 0.09% |
| Steel Dynamics Inc. |
50.65%
2,900
|
$375,550,000 | 0.09% |
| Northern Tr Corp |
7.98%
4,412
|
$370,520,000 | 0.09% |
| WEC Energy Group Inc |
Opened
4,653
|
$365,075,000 | 0.09% |
| Abbott Labs |
No change
3,500
|
$363,685,000 | 0.09% |
| Adobe Inc |
43.67%
650
|
$361,101,000 | 0.09% |
| Gold Fields Ltd |
8.63%
23,380
|
$348,362,000 | 0.09% |
| Campbell Soup Co. |
8.81%
7,624
|
$344,529,000 | 0.09% |
| Amdocs Ltd |
8.51%
4,323
|
$341,172,000 | 0.09% |
| Intel Corp. |
Closed
7,713
|
$340,684,000 | |
| Sempra |
11.64%
4,324
|
$328,884,000 | 0.08% |
| Schwab Strategic Tr |
7.37%
16,446
|
$934,157,000 | 0.23% |
| Walmart Inc |
No change
4,800
|
$325,008,000 | 0.08% |
| Kimberly-Clark Corp. |
8.65%
2,337
|
$322,974,000 | 0.08% |
| Yum Brands Inc. |
No change
2,400
|
$317,904,000 | 0.08% |
| Duke Energy Corp. |
12.59%
3,131
|
$313,821,000 | 0.08% |
| Kroger Co. |
Opened
6,223
|
$310,715,000 | 0.08% |
| The Southern Co. |
Closed
4,294
|
$308,052,000 | |
| CryoPort Inc |
No change
42,910
|
$296,509,000 | 0.07% |
| Chevron Corp. |
13.80%
1,839
|
$287,657,000 | 0.07% |
| Bank Montreal Que |
Closed
2,884
|
$281,710,000 | |
| Magna International Inc. |
8.14%
6,613
|
$277,085,000 | 0.07% |
| Constellation Energy Corp |
Opened
1,347
|
$269,764,000 | 0.07% |
| Polaris Inc |
15.83%
3,424
|
$268,134,000 | 0.07% |
| Toronto Dominion Bk Ont |
Closed
4,438
|
$267,967,000 | |
| Citigroup Inc |
22.43%
4,080
|
$258,917,000 | 0.06% |
| AT&T Inc. |
32.49%
13,521
|
$258,387,000 | 0.06% |
| Verizon Communications Inc |
12.88%
6,151
|
$253,668,000 | 0.06% |
| United Parcel Service, Inc. |
Closed
1,680
|
$249,699,000 | |
| Valero Energy Corp. |
No change
1,500
|
$235,140,000 | 0.06% |
| KLA Corp. |
67.46%
275
|
$226,741,000 | 0.06% |
| Schwab Charles Corp |
No change
3,000
|
$221,070,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 157 holdings | |||
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