Managers / Q1 2022 · view latest →

Sierra Capital LLC

CIK 0001787274 · 600 BRICKELL AVENUE, STE. 2020, MIAMI, FL, 33131-3067 · 2128673533

Reported Value

$634M

Q1 2022

Positions

867

Filings on Record

2021–present window

Filed

May 3, 2022

original filing

Summary

Sierra Capital LLC reported $634M in U.S.-listed holdings across 867 positions for Q1 2022.

Its largest position, VOO, represents 6.1% of the portfolio.

Compared with Q4 2021, the fund opened 41 new positions and exited 63.

Portfolio Metrics

Turnover

+6.2%

vs prior filed quarter

Top-10 Concentration

+31.5%

share of reported value

Largest Position

+6.1%

Vanguard S P 500 Etf

New / Exited

41 / 63

positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value

Portfolio Composition

By security type

Other · 40.4% · $256M
ETP · 38.5% · $244M
Common Stock · 19.3% · $122M
ADR · 1.6% · $10M
REIT · 0.0% · $256,000
Other · 0.1% · $570,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
APO Apollo Global MGMT	NEW	+47.7K	47.7K	+$3M	$3M
SHEL Shell PLC Sponsored ADR Repstg Ord SH	NEW	+37.2K	37.2K	+$2M	$2M
iShares $ Floating Rate Bond UCITS ETF (Acc)	NEW	+379.9K	379.9K	+$2M	$2M
IJJ iShares S&P Mid-Cap 400 Value ETF	NEW	+9.3K	9.3K	+$1M	$1M
iShares MSCI Japan USD Hedged UCITS ETF (Acc)	NEW	+13.4K	13.4K	+$619,000	$619,000
BXSL Blackstone Secured Lending	NEW	+18.0K	18.0K	+$502,000	$502,000
AMLP Alerian MLP ETF	NEW	+9.0K	9.0K	+$346,000	$346,000
ECC Eagle Point Credit Co Inc	NEW	+18.7K	18.7K	+$245,000	$245,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

460 positions (from 500 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	6.10%	$39M	93.2K
2	BRK/B Berkshire Hathaway Inc. Class B history →	Common Stock	4.37%	$28M	78.4K
3	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	3.26%	$21M	3.60M
4	IVV iShares Core S&P 500 ETF history →	ETF	3.10%	$20M	43.4K
5	iShares Core S&P 500 UCITS ETF (Acc)	ETF	2.77%	$18M	37.3K
6	AAPL Apple history →	Common Stock	2.61%	$17M	94.7K
7	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.53%	$16M	33.5K
8	IWM iShares Russell 2000 ETF history →	ETF	2.46%	$16M	76.0K
9	SPY SPDR S&P 500 ETF Trust history →	ETF	2.16%	$14M	30.4K
10	IVE iShares S&P 500 Value ETF history →	ETF	2.10%	$13M	85.6K
11	iShares Core MSCI EM IMI UCITS ETF (Acc)	ETF	2.09%	$13M	396.5K
12	ACWI iShares MSCI ACWI ETF history →	ETF	1.92%	$12M	122.0K
13	iShares MSCI World UCITS ETF (Dist)	ETF	1.89%	$12M	182.1K
14	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	1.81%	$12M	365.8K
15	iShares S&P 500 UCITS ETF	ETF	1.77%	$11M	245.6K
16	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	1.74%	$11M	2.03M
17	GSG iShares S&P GSCI Commodity-Indexed Trust history →	ETF	1.59%	$10M	443.8K
18	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	1.56%	$10M	64.1K
19	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	1.49%	$9M	1.78M
20	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.44%	$9M	1.69M
21	VO Vanguard Mid-Cap ETF history →	ETF	1.29%	$8M	34.4K
22	IWN iShares Russell 2000 Value ETF history →	ETF	1.21%	$8M	47.4K
23	GOOGL Alphabet Inc. Class A	Common Stock	1.21%	$8M	2.7K
24	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	1.10%	$7M	757.8K
25	iShares MSCI AC Far East ex-Japan UCITS ETF	ETF	1.06%	$7M	117.6K
26	iShares MSCI ACWI UCITS ETF (Acc)	ETF	1.01%	$6M	88.9K
27	FLOT iShares Floating Rate Bond ETF	ETF	0.98%	$6M	122.7K
28	EZU iShares MSCI Eurozone ETF	ETF	0.95%	$6M	138.9K
29	AMZN Amazon Com Inc	Common Stock	0.93%	$6M	1.8K
30	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.92%	$6M	970.2K
31	iShares $ Corp Bond UCITS ETF (Acc)	ETF	0.90%	$6M	964.8K
32	Invesco Preferred Shares UCITS ETF (Acc)	ETF	0.88%	$6M	119.8K
33	IWD iShares Russell 1000 Value ETF	ETF	0.85%	$5M	32.3K
34	AAXJ iShares MSCI All Country Asia ex Japan ETF	ETF	0.80%	$5M	67.3K
35	IHAK iShares Cybersecurity & Tech	ETF	0.79%	$5M	117.1K
36	GLD SPDR Gold Trust	ETF	0.77%	$5M	27.0K
37	BX Blackstone Group Inc	Common Stock	0.77%	$5M	38.4K
38	iShares US Property Yield UCITS ETF (Dist)	ETF	0.77%	$5M	136.1K
39	iShares MSCI Japan UCITS ETF (Acc)	ETF	0.72%	$5M	26.6K
40	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.71%	$4M	29.1K
41	HEZU iShares Currency Hedged MSCI Eurozone ETF	ETF	0.68%	$4M	125.2K
42	iShares US Property Yield UCITS ETF	ETF	0.65%	$4M	116.0K
43	iShares S&P SmallCap 600 UCITS ETF	ETF	0.65%	$4M	46.2K
44	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.64%	$4M	742.2K
45	MSFT Microsoft	Common Stock	0.63%	$4M	12.9K
46	CG Carlyle Group Inc LP	Master Limited Partnership	0.59%	$4M	76.8K
47	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.57%	$4M	457.8K
48	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.56%	$4M	68.5K
49	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.54%	$3M	652.4K
50	iShares Diversified Commodity Swap UCITS ETF (No Income)	ETF	0.53%	$3M	429.0K
51	ARCC Ares Capital Corp	Common Stock	0.53%	$3M	159.8K
52	KKR KKR & Co Inc Class A	Common Stock	0.51%	$3M	55.7K
53	IHF iShares US Healthcare Providers ETF	ETF	0.51%	$3M	11.4K
54	PFF iShares U.S. Preferred Stock ETF	ETF	0.49%	$3M	85.1K
55	APO Apollo Global MGMT	Common Stock	0.47%	$3M	47.7K
56	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	0.46%	$3M	562.5K
57	VDC Vanguard Consumer Staples ETF	ETF	0.43%	$3M	14.0K
58	EEM iShares MSCI Emerging Markets ETF	ETF	0.42%	$3M	59.6K
59	Invesco At1 Capital Bond	ETF	0.40%	$3M	100.0K
60	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.39%	$2M	50.3K
61	VIS Vanguard Industrials ETF	ETF	0.37%	$2M	12.0K
62	EXMOC ExxonMobil	Common Stock	0.37%	$2M	28.2K
63	Tencent Holdings LTD	Common Stock	0.36%	$2M	48.0K
64	EUFN iShares MSCI Europe Financials ETF	ETF	0.36%	$2M	121.3K
65	DXJ WisdomTree Japan Hedged Equity Fund	ETF	0.35%	$2M	35.1K
66	XOP SPDR S&P Oil & Gas Exploration & Production	ETF	0.35%	$2M	16.6K
67	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.34%	$2M	25.4K
68	BAC Bank of America	Common Stock	0.33%	$2M	51.3K
69	iShares Edge MSCI EM Value Factor UCITS ETF (Acc)	ETF	0.33%	$2M	49.0K
70	iShares EURO STOXX Small UCITS ETF	ETF	0.32%	$2M	40.5K
71	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.32%	$2M	37.2K
72	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.32%	$2M	26.3K
73	VAW Vanguard Materials ETF	ETF	0.32%	$2M	10.4K
74	VFH Vanguard Financials ETF	Common Stock	0.32%	$2M	21.6K
75	UNH UnitedHealth Group	Common Stock	0.31%	$2M	3.8K
76	iShares Ageing Population UCITS ETF (Acc)	ETF	0.28%	$2M	250.2K
77	JNJ Johnson & Johnson	Common Stock	0.28%	$2M	10.0K
78	VGK Vanguard FTSE Europe ETF	ETF	0.28%	$2M	28.0K
79	XLF Financial Select Sector SPDR Fund	ETF	0.27%	$2M	44.3K
80	MA Mastercard Inc CL A	Common Stock	0.26%	$2M	4.6K
81	iShares Edge MSCI World Value Factor UCITS ETF (Acc)	ETF	0.25%	$2M	42.8K
82	Vanguard S&P 500 UCITS ETF	ETF	0.25%	$2M	18.3K
83	URTH iShares MSCI World ETF	ETF	0.25%	$2M	12.2K
84	NVDA Nvidia Corporation	Common Stock	0.24%	$2M	5.7K
85	BABA Alibaba Group HLDG LTD	Common Stock	0.24%	$2M	14.2K
86	iShares Digital Security UCITS ETF (Acc)	ETF	0.24%	$2M	207.4K
87	META Facebook Inc CL-A	Common Stock	0.24%	$2M	6.9K
88	IYZ iShares US Telecomm ETF	ETF	0.24%	$1M	50.1K
89	iShares MSCI Japan USD Hedged UCITS ETF (Acc)	ETF	0.23%	$1M	32.0K
90	Defiance Next Gen Connectivity (5G) ETF	ETF	0.22%	$1M	37.9K
91	VHT Vanguard Health Care ETF	ETF	0.22%	$1M	5.5K
92	SHYG iShares 0-5 Year High Yield Corporate Bond ETF	ETF	0.22%	$1M	32.0K
93	ARKG Ark Genomic Revolution ETF	ETF	0.22%	$1M	30.1K
94	SHY iShares 1-3 Year Treasury Bond ETF	ETF	0.22%	$1M	16.4K
95	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.22%	$1M	162.8K
96	iShares S&P 500 Health Care Sector UCITS ETF (Acc)	ETF	0.21%	$1M	126.1K
97	DIS Walt Disney	Common Stock	0.20%	$1M	9.3K
98	iShares S&P 500 Materials Sector UCITS ETF	ETF	0.20%	$1M	132.9K
99	IJR iShares Core S&P Small-Cap ETF	ETF	0.19%	$1M	11.3K
100	JPM JPMorgan Chase	Common Stock	0.17%	$1M	8.1K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$918M	283	May 15, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$945M	269	Feb 18, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$912M	249	Nov 14, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$866M	246	Aug 11, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$830M	235	Apr 30, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$843M	243	Feb 4, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$838M	239	Oct 21, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$749M	228	Jul 25, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$764M	234	Apr 29, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$682M	225	Jan 30, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$623M	233	Oct 31, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$632M	223	Jul 31, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$616M	228	May 1, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$585M	718	Feb 8, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$538M	751	Nov 4, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$553M	775	Aug 4, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$634M	867	May 3, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$672M	892	Feb 10, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$595M	532	Nov 2, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$539M	505	Jul 22, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$533M	478	May 28, 2021	13F-HR	changes · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.