Managers / Q1 2025 · view latest →

Sierra Capital LLC

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

Reported Value

$830M

Q1 2025

Positions

235

Filings on Record

2021–present window

Filed

Apr 30, 2025

original filing

Summary

Sierra Capital LLC reported $830M in U.S.-listed holdings across 235 positions for Q1 2025.

Its largest position, VOO, represents 7.1% of the portfolio.

Compared with Q4 2024, the fund opened 7 new positions and exited 13.

Portfolio Metrics

Turnover

+7.8%

vs prior filed quarter

Top-10 Concentration

+39.5%

share of reported value

Largest Position

+7.1%

Vanguard S P 500 Etf

New / Exited

7 / 13

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 · 49.3% · $409M
ETP · 32.6% · $270M
Common Stock · 17.7% · $147M
ADR · 0.4% · $4M
Equity WRT · 0.0% · $8,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
iShares MSCI EM UCITS ETF USD (Acc)	NEW	+73.8K	73.8K	+$3M	$3M
MFC Invesco Markets II PLC - Ivz Usd Clo Ucits ETF Acc	NEW	+123.4K	123.4K	+$2M	$2M
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (Acc)	NEW	+66.5K	66.5K	+$2M	$2M
iShares NASDAQ 100 UCITS ETF (Acc)	NEW	+889	889	+$969,000	$969,000
iShares NASDAQ 100 UCITS ETF (Acc)	NEW	+404	404	+$440,000	$440,000
SNOW Snowflake Inc Class A	NEW	+2.6K	2.6K	+$373,000	$373,000
JAAA Janus Henderson AAA CLO ETF	NEW	+6.3K	6.3K	+$321,000	$321,000
iShares NASDAQ 100 UCITS ETF (Acc)	ADDED	+2.1K	2.3K	+$2M	$3M

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

Holdings — Q1 2025

175 positions (from 235 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	7.12%	$59M	115.1K
2	iShares Core S&P 500 UCITS ETF (Acc)	ETF	6.09%	$51M	85.7K
3	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	4.94%	$41M	59.0K
4	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	4.00%	$33M	162.2K
5	iShares S&P 500 Equal Weight UCITS ETF (Acc)	ETF	3.54%	$29M	4.79M
6	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	3.52%	$29M	4.82M
7	AAPL Apple history →	Common Stock	2.96%	$25M	110.5K
8	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	2.53%	$21M	4.15M
9	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	2.44%	$20M	3.83M
10	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.31%	$19M	39.4K
11	iShares $ Treasury Bond 0-1yr UCITS ETF (Acc)	ETF	1.92%	$16M	138.5K
12	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	1.85%	$15M	2.48M
13	VO Vanguard Mid-Cap ETF history →	ETF	1.81%	$15M	58.2K
14	iShares MSCI ACWI UCITS ETF (Acc)	ETF	1.64%	$14M	156.1K
15	IVV iShares Core S&P 500 ETF history →	ETF	1.61%	$13M	23.8K
16	AMZN Amazon Com Inc history →	Common Stock	1.56%	$13M	68.0K
17	iShares $ Corp Bond UCITS ETF (Acc)	ETF	1.50%	$12M	2.08M
18	iShares MSCI World UCITS ETF	ETF	1.50%	$12M	161.9K
19	GOOGL Alphabet Inc. Class A	Common Stock	1.39%	$12M	74.3K
20	SHV iShares Short Treasury Bond ETF history →	ETF	1.37%	$11M	103.2K
21	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.35%	$11M	56.1K
22	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.31%	$11M	1.87M
23	VGK Vanguard FTSE Europe ETF history →	ETF	1.28%	$11M	150.8K
24	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.23%	$10M	184.3K
25	FLOT iShares Floating Rate Bond ETF history →	ETF	1.17%	$10M	189.8K
26	IVE iShares S&P 500 Value ETF history →	ETF	1.14%	$9M	49.7K
27	Invesco Preferred Shares UCITS ETF (Acc)	ETF	1.08%	$9M	198.8K
28	IWM iShares Russell 2000 ETF	ETF	1.00%	$8M	41.6K
29	IWD iShares Russell 1000 Value ETF	ETF	0.96%	$8M	42.5K
30	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	0.95%	$8M	1.18M
31	XLF Financial Select Sector SPDR Fund	ETF	0.94%	$8M	156.7K
32	BAC Bank of America	Common Stock	0.92%	$8M	182.6K
33	VWO Vanguard FTSE Emerging Markets ETF	ETF	0.91%	$8M	167.4K
34	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.89%	$7M	1.30M
35	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.81%	$7M	88.9K
36	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.81%	$7M	133.4K
37	SPDR S&P 400 US Mid Cap UCITS ETF (Acc)	ETF	0.76%	$6M	70.2K
38	MSFT Microsoft	Common Stock	0.74%	$6M	16.3K
39	SPY SPDR S&P 500 ETF Trust	ETF	0.73%	$6M	10.8K
40	META Meta Platforms Inc (Facebook)	Common Stock	0.70%	$6M	10.1K
41	iShares US Property Yield UCITS ETF (Dist)	ETF	0.69%	$6M	191.4K
42	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.60%	$5M	903.8K
43	EWJ iShares MSCI Japan ETF	ETF	0.58%	$5M	70.0K
44	EMXC iShares MSCI Emerging Markets ex China ETF	ETF	0.53%	$4M	80.2K
45	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.51%	$4M	35.5K
46	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	0.49%	$4M	113.4K
47	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.48%	$4M	145.1K
48	iShares NASDAQ 100 UCITS ETF (Acc)	ETF	0.47%	$4M	3.6K
49	iShares S&P SmallCap 600 UCITS ETF	ETF	0.47%	$4M	46.2K
50	IWN iShares Russell 2000 Value ETF	ETF	0.46%	$4M	25.1K
51	iShares $ Short Duration Corp Bond UCITS ETF (Dist)	ETF	0.45%	$4M	37.0K
52	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.43%	$4M	359.0K
53	IWF iShares Russell 1000 Growth ETF	ETF	0.42%	$4M	9.7K
54	IVW iShares S&P 500 Growth ETF	ETF	0.42%	$3M	37.5K
55	VGT Vanguard Info Tech ETF	ETF	0.42%	$3M	6.4K
56	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.38%	$3M	56.4K
57	IEFA iShares Core MSCI EAFE ETF	ETF	0.37%	$3M	40.9K
58	iShares Developed Markets Property Yield UCITS ETF (Acc)	ETF	0.36%	$3M	534.1K
59	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.36%	$3M	435.5K
60	iShares MSCI EM UCITS ETF USD (Acc)	ETF	0.36%	$3M	73.8K
61	BX Blackstone Group Inc	Common Stock	0.36%	$3M	21.3K
62	VIS Vanguard Industrials ETF	ETF	0.36%	$3M	12.0K
63	MBB iShares MBS ETF	ETF	0.35%	$3M	30.7K
64	APO Apollo Global MGMT	Common Stock	0.34%	$3M	20.6K
65	NVDA Nvidia Corporation	Common Stock	0.34%	$3M	25.7K
66	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.32%	$3M	25.4K
67	iShares S&P 500 UCITS ETF (Dist)	ETF	0.32%	$3M	47.7K
68	XLV Health Care Select Sector SPDR Fund	ETF	0.32%	$3M	17.9K
69	KKR KKR & Co Inc Class A	Common Stock	0.31%	$3M	22.5K
70	iShares MSCI USA Small Cap ESG Enhanced UCITS ETF (Acc)	ETF	0.31%	$3M	5.3K
71	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.30%	$2M	263.0K
72	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.29%	$2M	16.4K
73	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.28%	$2M	24.4K
74	EXMOC ExxonMobil	Common Stock	0.27%	$2M	19.1K
75	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.27%	$2M	30.7K
76	MA Mastercard Inc CL A	Common Stock	0.27%	$2M	4.1K
77	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.26%	$2M	18.6K
78	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.26%	$2M	10.6K
79	AMLP Alerian MLP ETF	Common Stock	0.25%	$2M	39.9K
80	CG Carlyle Group Inc LP	Master Limited Partnership	0.25%	$2M	47.5K
81	Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (Acc)	ETF	0.24%	$2M	66.5K
82	Invesco USD AAA CLO UCITS ETF (Acc)	ETF	0.24%	$2M	99.5K
83	XOP SPDR S&P Oil & Gas Exploration & Production	ETF	0.24%	$2M	15.1K
84	GSLC Goldman Sachs Actvbeta US LRG ETF	ETF	0.24%	$2M	18.0K
85	VAW Vanguard Materials ETF	ETF	0.24%	$2M	10.4K
86	QQQM Invesco Nasdaq 100 ETF	ETF	0.21%	$2M	8.9K
87	VB Vanguard Small Cap ETF	ETF	0.20%	$2M	7.5K
88	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.20%	$2M	151.3K
89	URTH iShares MSCI World ETF	ETF	0.20%	$2M	10.6K
90	QQQ Invesco QQQ Trust ETF	ETF	0.19%	$2M	3.3K
91	Xtrackers MSCI Eurpe HDGD Eqy ETF	ETF	0.19%	$2M	35.2K
92	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.18%	$2M	15.2K
93	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.18%	$1M	18.5K
94	TSLA Tesla Inc	Common Stock	0.17%	$1M	5.4K
95	VOOG Vanguard S&P 500 Growth ETF	ETF	0.17%	$1M	4.2K
96	JNJ Johnson & Johnson	Common Stock	0.16%	$1M	8.1K
97	VOT Vanguard Mid-Cap Growth ETF	ETF	0.16%	$1M	5.5K
98	iShares MSCI World UCITS ETF (Dist)	ETF	0.16%	$1M	17.1K
99	VIOG Vanguard S&P Small-Cap 600 Growth ETF	ETF	0.16%	$1M	12.2K
100	PFF iShares U.S. Preferred Common Stock ETF	ETF	0.15%	$1M	40.4K

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 ↗.