Managers / Q3 2023 · view latest →

Sierra Capital LLC

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

Reported Value

$623M

Q3 2023

Positions

233

Filings on Record

2021–present window

Filed

Oct 31, 2023

original filing

Summary

Sierra Capital LLC reported $623M in U.S.-listed holdings across 233 positions for Q3 2023.

Its largest position, VOO, represents 5.8% of the portfolio.

Compared with Q2 2023, the fund opened 9 new positions and exited 4.

Portfolio Metrics

Turnover

+5.5%

vs prior filed quarter

Top-10 Concentration

+35.1%

share of reported value

Largest Position

+5.8%

Vanguard S P 500 Etf

New / Exited

9 / 4

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 · 48.6% · $303M
ETP · 35.3% · $220M
Common Stock · 15.5% · $97M
ADR · 0.5% · $3M
PUBLIC · 0.1% · $476,000
Equity WRT · 0.0% · $62,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
iShares S&P 500 Equal Weight UCITS ETF (Acc)	NEW	+661.3K	661.3K	+$3M	$3M
VNQ Vanguard Real Estate ETF	NEW	+29.2K	29.2K	+$2M	$2M
HUM Humana Inc	NEW	+1.0K	1.0K	+$507,000	$507,000
KRE SPDR S&P Regional Banking ETF	NEW	+8.8K	8.8K	+$367,000	$367,000
CALY Topgolf Callaway Brands	NEW	+18.2K	18.2K	+$252,000	$252,000
Bank America Cor 6 PFD PFD Ser GG	NEW	+10.0K	10.0K	+$240,000	$240,000
JPMorgan Chas 4.75 PFD PFD Ser GG	NEW	+11.5K	11.5K	+$236,000	$236,000
Vanguard S&P 500 UCITS ETF (Acc)	NEW	+2.8K	2.8K	+$223,000	$223,000

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

Holdings — Q3 2023

180 positions (from 233 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	5.84%	$36M	92.6K
2	iShares Core S&P 500 UCITS ETF (Acc)	ETF	4.99%	$31M	69.0K
3	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	3.97%	$25M	69.1K
4	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	3.76%	$23M	4.13M
5	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	3.25%	$20M	128.9K
6	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	3.22%	$20M	3.41M
7	iShares MSCI ACWI UCITS ETF (Acc)	ETF	3.12%	$19M	283.8K
8	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.69%	$17M	39.0K
9	IVV iShares Core S&P 500 ETF history →	ETF	2.15%	$13M	31.2K
10	AAPL Apple history →	Common Stock	2.11%	$13M	76.6K
11	VO Vanguard Mid-Cap ETF history →	ETF	1.94%	$12M	58.1K
12	IWM iShares Russell 2000 ETF history →	ETF	1.87%	$12M	65.8K
13	iShares Core MSCI EM IMI UCITS ETF (Acc)	ETF	1.83%	$11M	386.5K
14	VGK Vanguard FTSE Europe ETF history →	ETF	1.82%	$11M	195.6K
15	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	1.75%	$11M	365.8K
16	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	1.65%	$10M	1.87M
17	iShares MSCI World UCITS ETF	ETF	1.59%	$10M	161.9K
18	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.51%	$9M	1.91M
19	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	1.45%	$9M	2.05M
20	SHV iShares Short Treasury Bond ETF history →	ETF	1.42%	$9M	79.8K
21	IVE iShares S&P 500 Value ETF history →	ETF	1.28%	$8M	51.8K
22	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.24%	$8M	45.5K
23	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.21%	$8M	176.2K
24	FLOT iShares Floating Rate Bond ETF history →	ETF	1.20%	$7M	146.9K
25	ACWI iShares MSCI ACWI ETF history →	ETF	1.13%	$7M	75.9K
26	GOOGL Alphabet Inc. Class A	Common Stock	1.08%	$7M	51.2K
27	iShares $ Corp Bond UCITS ETF (Acc)	ETF	1.05%	$7M	1.25M
28	AMZN Amazon Com Inc history →	Common Stock	1.04%	$6M	51.0K
29	SPY SPDR S&P 500 ETF Trust	ETF	0.97%	$6M	14.1K
30	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.86%	$5M	651.8K
31	iShares Developed Markets Property Yield UCITS ETF (Acc)	ETF	0.86%	$5M	1.13M
32	IWN iShares Russell 2000 Value ETF	ETF	0.84%	$5M	38.6K
33	iShares US Property Yield UCITS ETF	ETF	0.78%	$5M	195.1K
34	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.78%	$5M	972.2K
35	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.77%	$5M	907.5K
36	iShares US Property Yield UCITS ETF (Dist)	ETF	0.75%	$5M	186.4K
37	IWD iShares Russell 1000 Value ETF	ETF	0.73%	$5M	30.1K
38	IHAK iShares Cybersecurity and Tech ETF	ETF	0.72%	$5M	117.1K
39	Invesco Preferred Shares UCITS ETF (Acc)	ETF	0.71%	$4M	108.9K
40	VWO Vanguard FTSE Emerging Markets ETF	ETF	0.71%	$4M	112.4K
41	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.68%	$4M	715.5K
42	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.67%	$4M	560.5K
43	EWJ iShares MSCI Japan ETF	ETF	0.66%	$4M	68.0K
44	EZU iShares MSCI Eurozone ETF	ETF	0.66%	$4M	96.9K
45	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.65%	$4M	42.9K
46	APO Apollo Global MGMT	Common Stock	0.64%	$4M	44.5K
47	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.64%	$4M	25.4K
48	MSFT Microsoft	Common Stock	0.61%	$4M	12.1K
49	BX Blackstone Group Inc	Common Stock	0.60%	$4M	34.8K
50	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.59%	$4M	36.7K
51	iShares S&P SmallCap 600 UCITS ETF	ETF	0.57%	$4M	46.2K
52	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.57%	$4M	43.3K
53	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.56%	$3M	72.5K
54	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.55%	$3M	73.5K
55	KKR KKR & Co Inc Class A	Common Stock	0.55%	$3M	55.8K
56	iShares S&P 500 Equal Weight UCITS ETF (Acc)	ETF	0.53%	$3M	661.3K
57	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.52%	$3M	37.1K
58	EXMOC ExxonMobil	Common Stock	0.48%	$3M	25.5K
59	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	0.44%	$3M	579.1K
60	iShares S&P 500 UCITS ETF (Dist)	ETF	0.44%	$3M	63.8K
61	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.43%	$3M	119.5K
62	CG Carlyle Group Inc LP	Master Limited Partnership	0.43%	$3M	87.9K
63	META Facebook Inc CL-A	Common Stock	0.42%	$3M	8.7K
64	EMXC iShares MSCI Emerging Markets ex China ETF	ETF	0.40%	$2M	50.0K
65	ARCC Ares Capital Corp	Common Stock	0.40%	$2M	127.2K
66	XOP SPDR S&P Oil & Gas Exploration & Production	ETF	0.39%	$2M	16.6K
67	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.38%	$2M	26.5K
68	VIS Vanguard Industrials ETF	ETF	0.38%	$2M	12.0K
69	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.36%	$2M	35.0K
70	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.36%	$2M	37.1K
71	VNQ Vanguard Real Estate ETF	ETF	0.35%	$2M	29.2K
72	PFF iShares U.S. Preferred Stock ETF	ETF	0.34%	$2M	70.8K
73	MBB iShares MBS ETF	ETF	0.33%	$2M	23.3K
74	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.32%	$2M	26.8K
75	UNH UnitedHealth Group	Common Stock	0.30%	$2M	3.8K
76	XLF Financial Select Sector SPDR Fund	ETF	0.30%	$2M	56.2K
77	Vanguard S&P 500 UCITS ETF	ETF	0.29%	$2M	22.2K
78	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.29%	$2M	19.7K
79	VAW Vanguard Materials ETF	ETF	0.29%	$2M	10.4K
80	iShares EURO STOXX Small UCITS ETF	ETF	0.28%	$2M	40.5K
81	AMLP Alerian MLP ETF	Common Stock	0.27%	$2M	40.0K
82	VOOV Vanguard S&P 500 Value ETF	ETF	0.27%	$2M	11.3K
83	VIOV Vanguard S&P Small-Cap 600 Value ETF	ETF	0.27%	$2M	21.8K
84	iShares Edge MSCI World Value Factor UCITS ETF (Acc)	ETF	0.26%	$2M	42.8K
85	VOE Vanguard Mid-Cap Value ETF	Common Stock	0.24%	$2M	11.5K
86	URTH iShares MSCI World ETF	ETF	0.24%	$1M	12.2K
87	iShares S&P 500 Materials Sector UCITS ETF (Acc)	ETF	0.23%	$1M	172.0K
88	BAC Bank of America	Common Stock	0.22%	$1M	51.0K
89	NVDA Nvidia Corporation	Common Stock	0.22%	$1M	3.2K
90	MA Mastercard Inc CL A	Common Stock	0.22%	$1M	3.5K
91	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.22%	$1M	162.8K
92	RSP Invesco S&P 500 Equal Weight	ETF	0.22%	$1M	9.6K
93	iShares Digital Security UCITS ETF (Acc)	ETF	0.21%	$1M	193.8K
94	SHYG iShares 0-5 Year High Yield Corporate Bond ETF	ETF	0.21%	$1M	32.2K
95	VHT Vanguard Health Care ETF	ETF	0.21%	$1M	5.6K
96	JNJ Johnson & Johnson	Common Stock	0.21%	$1M	8.2K
97	iShares MSCI World UCITS ETF (Dist)	ETF	0.20%	$1M	20.7K
98	EEM iShares MSCI Emerging Markets ETF	ETF	0.20%	$1M	32.2K
99	BCSF Bain Capital Specialty F	Common Stock	0.19%	$1M	77.9K
100	QQQ Invesco QQQ Trust ETF	ETF	0.19%	$1M	3.3K

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 ↗.