Managers / Q4 2023 · view latest →

Sierra Capital LLC

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

Reported Value

$682M

Q4 2023

Positions

225

Filings on Record

2021–present window

Filed

Jan 30, 2024

original filing

Summary

Sierra Capital LLC reported $682M in U.S.-listed holdings across 225 positions for Q4 2023.

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

Compared with Q3 2023, the fund opened 13 new positions and exited 16.

Portfolio Metrics

Turnover

+6.1%

vs prior filed quarter

Top-10 Concentration

+33.5%

share of reported value

Largest Position

+5.9%

Vanguard S P 500 Etf

New / Exited

13 / 16

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 · 49.0% · $334M
ETP · 35.3% · $241M
Common Stock · 15.1% · $103M
ADR · 0.5% · $3M
PUBLIC · 0.1% · $624,000
Equity WRT · 0.0% · $40,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
iShares $ Treasury Bond 0-1yr UCITS ETF (Acc)	NEW	+128.9K	128.9K	+$14M	$14M
iShares $ Treasury Bond 0-1yr UCITS (Acc)	NEW	+64.3K	64.3K	+$7M	$7M
iShares (IB1MXX) MXN Hedged $ Treasury Bond 0-1yr UCITS ETF (Acc)	NEW	+3.8K	3.8K	+$2M	$2M
iShares MSCI EM ex-China UCITS ETF (Acc)	NEW	+170.3K	170.3K	+$843,000	$843,000
iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)	NEW	+8.1K	8.1K	+$666,000	$666,000
iShares MSCI EMU UCITS ETF (Acc)	NEW	+3.4K	3.4K	+$606,000	$606,000
USMV iShares Edge MSCI Min Vol USA ETF	NEW	+4.5K	4.5K	+$354,000	$354,000
iShares MSCI EM ex-China UCITS ETF (Acc)	NEW	+49.6K	49.6K	+$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 — Q4 2023

172 positions (from 225 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	5.85%	$40M	91.3K
2	iShares Core S&P 500 UCITS ETF (Acc)	ETF	4.95%	$34M	67.2K
3	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	3.69%	$25M	69.0K
4	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	3.41%	$23M	131.1K
5	iShares MSCI ACWI UCITS ETF (Acc)	ETF	3.27%	$22M	294.5K
6	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	3.19%	$22M	3.78M
7	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.86%	$20M	40.0K
8	AAPL Apple history →	Common Stock	2.12%	$14M	75.0K
9	VO Vanguard Mid-Cap ETF history →	ETF	2.10%	$14M	61.7K
10	IVV iShares Core S&P 500 ETF history →	ETF	2.06%	$14M	29.5K
11	iShares $ Treasury Bond 0-1yr UCITS ETF (Acc)	ETF	2.05%	$14M	128.9K
12	IWM iShares Russell 2000 ETF history →	ETF	1.94%	$13M	66.0K
13	VGK Vanguard FTSE Europe ETF history →	ETF	1.89%	$13M	199.8K
14	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	1.77%	$12M	365.8K
15	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	1.77%	$12M	2.44M
16	iShares Core MSCI EM IMI UCITS ETF (Acc)	ETF	1.75%	$12M	374.1K
17	iShares MSCI World UCITS ETF	ETF	1.61%	$11M	161.9K
18	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.50%	$10M	1.90M
19	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	1.38%	$9M	1.66M
20	IVE iShares S&P 500 Value ETF history →	ETF	1.32%	$9M	51.9K
21	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.26%	$9M	46.8K
22	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.23%	$8M	176.2K
23	ACWI iShares MSCI ACWI ETF history →	ETF	1.17%	$8M	78.3K
24	Invesco Preferred Shares UCITS ETF (Acc)	ETF	1.14%	$8M	178.6K
25	FLOT iShares Floating Rate Bond ETF history →	ETF	1.07%	$7M	143.7K
26	iShares $ Corp Bond UCITS ETF (Acc)	ETF	1.05%	$7M	1.23M
27	VWO Vanguard FTSE Emerging Markets ETF history →	ETF	1.02%	$7M	170.0K
28	iShares $ Treasury Bond 0-1yr UCITS (Acc)	ETF	1.02%	$7M	64.3K
29	GOOGL Alphabet Inc. Class A	Common Stock	1.02%	$7M	49.5K
30	AMZN Amazon Com Inc history →	Common Stock	1.00%	$7M	45.0K
31	SPY SPDR S&P 500 ETF Trust	ETF	1.00%	$7M	14.3K
32	iShares Developed Markets Property Yield UCITS ETF (Acc)	ETF	0.91%	$6M	1.12M
33	IWN iShares Russell 2000 Value ETF	ETF	0.89%	$6M	38.8K
34	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.88%	$6M	651.8K
35	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.84%	$6M	1.08M
36	iShares US Property Yield UCITS ETF	ETF	0.83%	$6M	195.1K
37	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.81%	$6M	1.03M
38	iShares US Property Yield UCITS ETF (Dist)	ETF	0.78%	$5M	183.3K
39	IHAK iShares Cybersecurity and Tech ETF	ETF	0.78%	$5M	117.1K
40	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.76%	$5M	29.0K
41	IWD iShares Russell 1000 Value ETF	ETF	0.73%	$5M	30.2K
42	EWJ iShares MSCI Japan ETF	ETF	0.72%	$5M	76.7K
43	iShares S&P 500 Equal Weight UCITS ETF (Acc)	ETF	0.70%	$5M	857.3K
44	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.69%	$5M	47.6K
45	KKR KKR & Co Inc Class A	Common Stock	0.68%	$5M	55.8K
46	EZU iShares MSCI Eurozone ETF	ETF	0.68%	$5M	97.0K
47	BX Blackstone Group Inc	Common Stock	0.67%	$5M	34.8K
48	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	0.66%	$4M	882.8K
49	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.64%	$4M	560.5K
50	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.62%	$4M	37.0K
51	APO Apollo Global MGMT	Common Stock	0.61%	$4M	44.5K
52	iShares S&P SmallCap 600 UCITS ETF	ETF	0.61%	$4M	46.2K
53	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.60%	$4M	40.9K
54	MSFT Microsoft	Common Stock	0.58%	$4M	10.5K
55	SHV iShares Short Treasury Bond ETF	ETF	0.57%	$4M	35.2K
56	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.56%	$4M	74.2K
57	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.55%	$4M	76.3K
58	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.52%	$4M	147.3K
59	EMXC iShares MSCI Emerging Markets ex China ETF	ETF	0.48%	$3M	59.4K
60	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.48%	$3M	48.8K
61	iShares S&P 500 UCITS ETF (Dist)	ETF	0.45%	$3M	63.8K
62	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.44%	$3M	26.5K
63	CG Carlyle Group Inc LP	Master Limited Partnership	0.43%	$3M	72.8K
64	META Facebook Inc CL-A	Common Stock	0.42%	$3M	8.1K
65	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.41%	$3M	438.7K
66	VNQ Vanguard Real Estate ETF	ETF	0.40%	$3M	31.0K
67	VIS Vanguard Industrials ETF	ETF	0.39%	$3M	12.0K
68	ARCC Ares Capital Corp	Common Stock	0.37%	$3M	127.2K
69	EXMOC ExxonMobil	Common Stock	0.37%	$3M	25.3K
70	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.34%	$2M	25.4K
71	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.34%	$2M	35.1K
72	MBB iShares MBS ETF	ETF	0.33%	$2M	24.2K
73	XOP SPDR S&P Oil & Gas Exploration & Production	ETF	0.33%	$2M	16.6K
74	XLF Financial Select Sector SPDR Fund	ETF	0.31%	$2M	56.2K
75	VDC Vanguard Consumer Staples ETF	ETF	0.31%	$2M	11.0K
76	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.30%	$2M	19.8K
77	Vanguard S&P 500 UCITS ETF	ETF	0.29%	$2M	22.2K
78	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	0.29%	$2M	322.6K
79	VAW Vanguard Materials ETF	ETF	0.29%	$2M	10.4K
80	iShares EURO STOXX Small UCITS ETF	ETF	0.29%	$2M	40.5K
81	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.29%	$2M	25.3K
82	UNH UnitedHealth Group	Common Stock	0.29%	$2M	3.7K
83	VOOV Vanguard S&P 500 Value ETF	ETF	0.28%	$2M	11.3K
84	AMLP Alerian MLP ETF	Common Stock	0.28%	$2M	44.2K
85	VIOV Vanguard S&P Small-Cap 600 Value ETF	ETF	0.27%	$2M	20.6K
86	PFF iShares U.S. Preferred Stock ETF	ETF	0.26%	$2M	56.1K
87	iShares Edge MSCI World Value Factor UCITS ETF (Acc)	ETF	0.26%	$2M	42.8K
88	BAC Bank of America	Common Stock	0.25%	$2M	50.6K
89	iShares (IB1MXX) MXN Hedged $ Treasury Bond 0-1yr UCITS ETF (Acc)	ETF	0.24%	$2M	3.8K
90	VOE Vanguard Mid-Cap Value ETF	Common Stock	0.24%	$2M	11.4K
91	URTH iShares MSCI World ETF	ETF	0.24%	$2M	12.2K
92	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.22%	$2M	162.8K
93	iShares Digital Security UCITS ETF (Acc)	ETF	0.22%	$2M	193.8K
94	MA Mastercard Inc CL A	Common Stock	0.22%	$1M	3.5K
95	SPDR S&P 400 US Mid Cap UCITS ETF (Acc)	ETF	0.21%	$1M	16.5K
96	iShares MSCI World UCITS ETF (Dist)	ETF	0.21%	$1M	20.7K
97	QQQ Invesco QQQ Trust ETF	ETF	0.20%	$1M	3.4K
98	NVDA Nvidia Corporation	Common Stock	0.19%	$1M	2.7K
99	VOT Vanguard Mid-Cap Growth ETF	ETF	0.19%	$1M	6.0K
100	JNJ Johnson & Johnson	Common Stock	0.18%	$1M	8.0K

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 ↗.