Managers / Q1 2023 · view latest →

Sierra Capital LLC

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

Reported Value

$616M

Q1 2023

Positions

228

Filings on Record

2021–present window

Filed

May 1, 2023

original filing

Summary

Sierra Capital LLC reported $616M in U.S.-listed holdings across 228 positions for Q1 2023.

Its largest position, VOO, represents 5.9% of the portfolio.

Compared with Q4 2022, the fund opened 23 new positions and exited 470.

Portfolio Metrics

Turnover

+8.8%

vs prior filed quarter

Top-10 Concentration

+35.7%

share of reported value

Largest Position

+5.9%

Vanguard S P 500 Etf

New / Exited

23 / 470

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 · 44.8% · $276M
ETP · 39.5% · $243M
Common Stock · 15.1% · $93M
ADR · 0.6% · $4M
Equity WRT · 0.1% · $356,000
Closed-End Fund · 0.0% · $142,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
iShares MSCI World UCITS ETF	NEW	+161.9K	161.9K	+$10M	$10M
iShares Core S&P 500 UCITS ETF USD (Dist)	NEW	+169.3K	169.3K	+$7M	$7M
EFV iShares MSCI EAFE Value Index Fund	NEW	+15.3K	15.3K	+$740,000	$740,000
VEU Vanguard FTSE All World Ex US ETF	NEW	+5.4K	5.4K	+$290,000	$290,000
iShares S&P/VALMER Mexico CETETRAC	NEW	+28.5K	28.5K	+$171,000	$171,000
Grupo Sanborns SAB de CV Class B	NEW	+0	0	+$0	$0
LYFT LYFT Inc-A	NEW	+0	0	+$0	$0
WFC Wells Fargo & Co New	NEW	+0	0	+$0	$0

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

Holdings — Q1 2023

177 positions (from 228 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	5.92%	$36M	97.0K
2	iShares Core S&P 500 UCITS ETF (Acc)	ETF	5.05%	$31M	73.4K
3	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	3.96%	$24M	77.5K
4	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	3.54%	$22M	3.77M
5	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	3.36%	$21M	126.6K
6	SHV iShares Short Treasury Bond ETF history →	ETF	3.11%	$19M	173.7K
7	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	3.10%	$19M	3.50M
8	IVV iShares Core S&P 500 ETF history →	ETF	2.98%	$18M	44.7K
9	IWM iShares Russell 2000 ETF history →	ETF	2.33%	$14M	80.5K
10	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.30%	$14M	33.0K
11	AAPL Apple history →	Common Stock	2.21%	$14M	82.6K
12	ACWI iShares MSCI ACWI ETF history →	ETF	2.19%	$14M	148.2K
13	iShares Core MSCI EM IMI UCITS ETF (Acc)	ETF	2.05%	$13M	424.1K
14	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	1.85%	$11M	365.8K
15	iShares MSCI ACWI UCITS ETF (Acc)	ETF	1.80%	$11M	167.9K
16	VO Vanguard Mid-Cap ETF history →	ETF	1.78%	$11M	52.1K
17	VGK Vanguard FTSE Europe ETF history →	ETF	1.74%	$11M	176.0K
18	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	1.60%	$10M	1.82M
19	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.58%	$10M	1.95M
20	iShares MSCI World UCITS ETF	ETF	1.55%	$10M	161.9K
21	IVE iShares S&P 500 Value ETF history →	ETF	1.48%	$9M	60.1K
22	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.18%	$7M	44.5K
23	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.16%	$7M	176.2K
24	FLOT iShares Floating Rate Bond ETF history →	ETF	1.13%	$7M	138.7K
25	iShares $ Corp Bond UCITS ETF (Acc)	ETF	1.07%	$7M	1.20M
26	EZU iShares MSCI Eurozone ETF history →	ETF	1.03%	$6M	140.7K
27	iShares US Property Yield UCITS ETF (Dist)	ETF	0.97%	$6M	225.8K
28	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.93%	$6M	699.7K
29	SPY SPDR S&P 500 ETF Trust	ETF	0.93%	$6M	14.1K
30	GOOGL Alphabet Inc. Class A	Common Stock	0.93%	$6M	55.4K
31	IWN iShares Russell 2000 Value ETF	ETF	0.92%	$6M	41.4K
32	AMZN Amazon Com Inc	Common Stock	0.89%	$6M	53.3K
33	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	0.86%	$5M	1.23M
34	VWO Vanguard FTSE Emerging Markets ETF	ETF	0.81%	$5M	123.5K
35	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.80%	$5M	934.4K
36	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.75%	$5M	897.8K
37	Invesco Preferred Shares UCITS ETF (Acc)	ETF	0.75%	$5M	111.4K
38	IWD iShares Russell 1000 Value ETF	ETF	0.74%	$5M	30.1K
39	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.72%	$4M	560.5K
40	IHAK iShares Cybersecurity and Tech ETF	ETF	0.69%	$4M	117.1K
41	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.69%	$4M	26.0K
42	MSFT Microsoft	Common Stock	0.67%	$4M	14.3K
43	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.66%	$4M	51.4K
44	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.64%	$4M	674.8K
45	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.61%	$4M	36.6K
46	EWJ iShares MSCI Japan ETF	ETF	0.60%	$4M	62.6K
47	iShares S&P SmallCap 600 UCITS ETF	ETF	0.59%	$4M	46.2K
48	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.58%	$4M	35.8K
49	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.51%	$3M	64.4K
50	EXMOC ExxonMobil	Common Stock	0.50%	$3M	28.4K
51	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.50%	$3M	62.6K
52	BX Blackstone Group Inc	Common Stock	0.50%	$3M	34.8K
53	KKR KKR & Co Inc Class A	Common Stock	0.48%	$3M	55.8K
54	EEM iShares MSCI Emerging Markets ETF	ETF	0.47%	$3M	68.5K
55	APO Apollo Global MGMT	Common Stock	0.46%	$3M	44.5K
56	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.44%	$3M	30.8K
57	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.42%	$3M	34.5K
58	iShares S&P 500 UCITS ETF (Dist)	ETF	0.42%	$3M	63.8K
59	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	0.40%	$2M	493.1K
60	GLD SPDR Gold Trust	ETF	0.39%	$2M	13.3K
61	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.39%	$2M	113.8K
62	ARCC Ares Capital Corp	Common Stock	0.38%	$2M	126.5K
63	VIS Vanguard Industrials ETF	ETF	0.37%	$2M	12.0K
64	CG Carlyle Group Inc LP	Master Limited Partnership	0.37%	$2M	72.8K
65	PFF iShares U.S. Preferred Stock ETF	ETF	0.36%	$2M	71.6K
66	VIOV Vanguard S&P Small-Cap 600 Value ETF	ETF	0.36%	$2M	27.6K
67	VOE Vanguard Mid-Cap Value ETF	Common Stock	0.36%	$2M	16.4K
68	XOP SPDR S&P Oil & Gas Exploration & Production	ETF	0.34%	$2M	16.6K
69	MBB iShares MBS ETF	ETF	0.34%	$2M	21.9K
70	META Facebook Inc CL-A	Common Stock	0.33%	$2M	9.6K
71	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.33%	$2M	34.9K
72	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.32%	$2M	26.4K
73	iShares Edge MSCI EM Value Factor UCITS ETF (Acc)	ETF	0.31%	$2M	49.0K
74	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.31%	$2M	31.5K
75	iShares EURO STOXX Small UCITS ETF	ETF	0.30%	$2M	40.5K
76	VAW Vanguard Materials ETF	ETF	0.30%	$2M	10.4K
77	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.29%	$2M	19.7K
78	UNH UnitedHealth Group	Common Stock	0.29%	$2M	3.8K
79	Vanguard S&P 500 UCITS ETF	ETF	0.28%	$2M	22.2K
80	AAXJ iShares MSCI All Country Asia ex Japan ETF	ETF	0.27%	$2M	24.4K
81	VOOV Vanguard S&P 500 Value ETF	ETF	0.27%	$2M	11.1K
82	iShares Edge MSCI World Value Factor UCITS ETF (Acc)	ETF	0.25%	$2M	42.8K
83	NVDA Nvidia Corporation	Common Stock	0.25%	$2M	5.5K
84	MA Mastercard Inc CL A	Common Stock	0.24%	$2M	4.2K
85	SHYG iShares 0-5 Year High Yield Corporate Bond ETF	ETF	0.24%	$2M	36.1K
86	BAC Bank of America	Common Stock	0.24%	$1M	51.0K
87	URTH iShares MSCI World ETF	ETF	0.23%	$1M	12.2K
88	AMLP Alerian MLP ETF	Common Stock	0.22%	$1M	35.5K
89	iShares Digital Security UCITS ETF (Acc)	ETF	0.22%	$1M	213.0K
90	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.22%	$1M	162.8K
91	VHT Vanguard Health Care ETF	ETF	0.22%	$1M	5.6K
92	JNJ Johnson & Johnson	Common Stock	0.21%	$1M	8.2K
93	QQQ Invesco QQQ Trust ETF	ETF	0.20%	$1M	3.9K
94	DIS Walt Disney	Common Stock	0.20%	$1M	12.2K
95	iShares MSCI World UCITS ETF (Dist)	ETF	0.19%	$1M	20.2K
96	iShares S&P 500 Materials Sector UCITS ETF	ETF	0.18%	$1M	132.9K
97	XLE Energy Select Sector SPDR Fund	ETF	0.17%	$1M	13.0K
98	VDC Vanguard Consumer Staples ETF	ETF	0.16%	$1M	5.2K
99	iShares MSCI AC Far East ex-Japan UCITS ETF	ETF	0.16%	$1M	19.8K
100	SQM Soc Quimica Miner F Sponsored ADR	Common Stock	0.16%	$969,000	11.9K

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 ↗.