Managers / Q2 2023 · view latest →

Sierra Capital LLC

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

Reported Value

$632M

Q2 2023

Positions

223

Filings on Record

2021–present window

Filed

Jul 31, 2023

original filing

Summary

Sierra Capital LLC reported $632M in U.S.-listed holdings across 223 positions for Q2 2023.

Its largest position, VOO, represents 6.0% of the portfolio.

Compared with Q1 2023, the fund opened 3 new positions and exited 8.

Portfolio Metrics

Turnover

+3.9%

vs prior filed quarter

Top-10 Concentration

+35.7%

share of reported value

Largest Position

+6.0%

Vanguard S P 500 Etf

New / Exited

3 / 8

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 · 46.3% · $292M
ETP · 37.4% · $236M
Common Stock · 15.8% · $100M
ADR · 0.5% · $3M
Equity WRT · 0.0% · $172,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
VT Vanguard Total World Stock ETF	NEW	+5.3K	5.3K	+$516,000	$516,000
NFLX Netflix Inc Com	NEW	+493	493	+$217,000	$217,000
ICVT iShares Convertible Bond ETF	NEW	+2.8K	2.8K	+$210,000	$210,000
RSP Invesco S&P 500 Equal Weight	ADDED	+6.3K	9.6K	+$959,000	$1M
EMXC iShares MSCI Emerging Markets ex China ETF	ADDED	+28.1K	50.0K	+$2M	$3M
GSLC Goldman Sachs Actvbeta US LRG ETF	SOLD OUT	−6.5K	0	−$526,000	$0
IVW iShares S&P 500 Growth ETF	SOLD OUT	−3.8K	0	−$243,000	$0
iShares $ High Yield Corp Bond UCITS ETF (Acc)	SOLD OUT	−35.8K	0	−$210,000	$0

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

Holdings — Q2 2023

174 positions (from 223 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	6.01%	$38M	93.2K
2	iShares Core S&P 500 UCITS ETF (Acc)	ETF	5.22%	$33M	71.3K
3	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	3.81%	$24M	69.1K
4	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	3.57%	$23M	3.87M
5	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	3.41%	$22M	127.0K
6	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	3.34%	$21M	3.78M
7	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.68%	$17M	37.3K
8	IVV iShares Core S&P 500 ETF history →	ETF	2.68%	$17M	37.9K
9	AAPL Apple history →	Common Stock	2.49%	$16M	81.2K
10	iShares MSCI ACWI UCITS ETF (Acc)	ETF	2.45%	$15M	220.1K
11	iShares Core MSCI EM IMI UCITS ETF (Acc)	ETF	2.03%	$13M	423.4K
12	VO Vanguard Mid-Cap ETF history →	ETF	2.02%	$13M	58.0K
13	IWM iShares Russell 2000 ETF history →	ETF	1.95%	$12M	65.8K
14	VGK Vanguard FTSE Europe ETF history →	ETF	1.91%	$12M	195.0K
15	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	1.83%	$12M	365.8K
16	ACWI iShares MSCI ACWI ETF history →	ETF	1.77%	$11M	116.4K
17	iShares MSCI World UCITS ETF	ETF	1.62%	$10M	161.9K
18	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	1.59%	$10M	1.84M
19	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.56%	$10M	1.94M
20	SHV iShares Short Treasury Bond ETF history →	ETF	1.56%	$10M	89.1K
21	IVE iShares S&P 500 Value ETF history →	ETF	1.32%	$8M	51.8K
22	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.23%	$8M	176.2K
23	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.22%	$8M	44.5K
24	FLOT iShares Floating Rate Bond ETF history →	ETF	1.18%	$7M	146.9K
25	AMZN Amazon Com Inc history →	Common Stock	1.10%	$7M	53.3K
26	iShares $ Corp Bond UCITS ETF (Acc)	ETF	1.07%	$7M	1.22M
27	GOOGL Alphabet Inc. Class A	Common Stock	1.05%	$7M	55.3K
28	SPY SPDR S&P 500 ETF Trust	ETF	0.99%	$6M	14.1K
29	iShares US Property Yield UCITS ETF (Dist)	ETF	0.95%	$6M	222.5K
30	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.88%	$6M	663.5K
31	IWN iShares Russell 2000 Value ETF	ETF	0.87%	$5M	39.0K
32	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	0.87%	$5M	1.19M
33	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.77%	$5M	945.6K
34	IWD iShares Russell 1000 Value ETF	ETF	0.75%	$5M	30.1K
35	MSFT Microsoft	Common Stock	0.75%	$5M	13.9K
36	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.73%	$5M	883.9K
37	VWO Vanguard FTSE Emerging Markets ETF	ETF	0.72%	$5M	111.7K
38	Invesco Preferred Shares UCITS ETF (Acc)	ETF	0.72%	$5M	110.2K
39	EZU iShares MSCI Eurozone ETF	ETF	0.72%	$5M	98.7K
40	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.70%	$4M	26.2K
41	IHAK iShares Cybersecurity and Tech ETF	ETF	0.70%	$4M	117.1K
42	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.70%	$4M	560.5K
43	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.67%	$4M	50.0K
44	EWJ iShares MSCI Japan ETF	ETF	0.67%	$4M	68.0K
45	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.64%	$4M	41.6K
46	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.62%	$4M	36.7K
47	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.60%	$4M	646.4K
48	iShares S&P SmallCap 600 UCITS ETF	ETF	0.60%	$4M	46.2K
49	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.55%	$3M	72.1K
50	APO Apollo Global MGMT	Common Stock	0.54%	$3M	44.5K
51	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.54%	$3M	37.1K
52	BX Blackstone Group Inc	Common Stock	0.51%	$3M	34.8K
53	KKR KKR & Co Inc Class A	Common Stock	0.50%	$3M	55.8K
54	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.49%	$3M	63.3K
55	EXMOC ExxonMobil	Common Stock	0.48%	$3M	28.4K
56	iShares S&P 500 UCITS ETF (Dist)	ETF	0.45%	$3M	63.8K
57	META Facebook Inc CL-A	Common Stock	0.43%	$3M	9.5K
58	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	0.42%	$3M	537.2K
59	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.41%	$3M	119.5K
60	EMXC iShares MSCI Emerging Markets ex China ETF	ETF	0.41%	$3M	50.0K
61	VIS Vanguard Industrials ETF	ETF	0.39%	$2M	12.0K
62	ARCC Ares Capital Corp	Common Stock	0.38%	$2M	127.2K
63	VIOV Vanguard S&P Small-Cap 600 Value ETF	ETF	0.38%	$2M	29.1K
64	CG Carlyle Group Inc LP	Master Limited Partnership	0.37%	$2M	72.8K
65	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.37%	$2M	37.0K
66	VOE Vanguard Mid-Cap Value ETF	Common Stock	0.36%	$2M	16.6K
67	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.36%	$2M	30.2K
68	GLD SPDR Gold Trust	ETF	0.35%	$2M	12.3K
69	MBB iShares MBS ETF	ETF	0.34%	$2M	23.3K
70	XOP SPDR S&P Oil & Gas Exploration & Production	ETF	0.34%	$2M	16.6K
71	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.34%	$2M	26.5K
72	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.33%	$2M	34.9K
73	PFF iShares U.S. Preferred Stock ETF	ETF	0.33%	$2M	67.5K
74	iShares Edge MSCI EM Value Factor UCITS ETF (Acc)	ETF	0.31%	$2M	49.0K
75	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.30%	$2M	19.7K
76	VAW Vanguard Materials ETF	ETF	0.30%	$2M	10.4K
77	EEM iShares MSCI Emerging Markets ETF	ETF	0.29%	$2M	46.7K
78	Vanguard S&P 500 UCITS ETF	ETF	0.29%	$2M	22.2K
79	iShares EURO STOXX Small UCITS ETF	ETF	0.29%	$2M	40.5K
80	UNH UnitedHealth Group	Common Stock	0.29%	$2M	3.8K
81	VOOV Vanguard S&P 500 Value ETF	ETF	0.28%	$2M	11.2K
82	NVDA Nvidia Corporation	Common Stock	0.26%	$2M	3.9K
83	MA Mastercard Inc CL A	Common Stock	0.26%	$2M	4.2K
84	iShares Edge MSCI World Value Factor UCITS ETF (Acc)	ETF	0.26%	$2M	42.8K
85	AAXJ iShares MSCI All Country Asia ex Japan ETF	ETF	0.26%	$2M	24.4K
86	AMLP Alerian MLP ETF	Common Stock	0.25%	$2M	39.5K
87	URTH iShares MSCI World ETF	ETF	0.24%	$2M	12.2K
88	iShares S&P 500 Materials Sector UCITS ETF (Acc)	ETF	0.24%	$2M	172.0K
89	BAC Bank of America	Common Stock	0.23%	$1M	51.0K
90	RSP Invesco S&P 500 Equal Weight	ETF	0.23%	$1M	9.6K
91	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.23%	$1M	162.8K
92	VHT Vanguard Health Care ETF	ETF	0.22%	$1M	5.6K
93	JNJ Johnson & Johnson	Common Stock	0.21%	$1M	8.2K
94	iShares Digital Security UCITS ETF (Acc)	ETF	0.21%	$1M	199.2K
95	SHYG iShares 0-5 Year High Yield Corporate Bond ETF	ETF	0.21%	$1M	31.7K
96	iShares MSCI World UCITS ETF (Dist)	ETF	0.21%	$1M	20.7K
97	QQQ Invesco QQQ Trust ETF	ETF	0.19%	$1M	3.2K
98	VOT Vanguard Mid-Cap Growth ETF	ETF	0.19%	$1M	5.7K
99	DIS Walt Disney	Common Stock	0.17%	$1M	12.2K
100	BCSF Bain Capital Specialty F	Common Stock	0.17%	$1M	78.3K

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 ↗.