Managers / Q2 2025 · view latest →

Sierra Capital LLC

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

Reported Value

$866M

Q2 2025

Positions

246

Filings on Record

2021–present window

Filed

Aug 11, 2025

original filing

Summary

Sierra Capital LLC reported $866M in U.S.-listed holdings across 246 positions for Q2 2025.

Its largest position, VOO, represents 7.2% of the portfolio.

Compared with Q1 2025, the fund opened 24 new positions and exited 10.

Portfolio Metrics

Turnover

+6.9%

vs prior filed quarter

Top-10 Concentration

+36.9%

share of reported value

Largest Position

+7.2%

Vanguard S P 500 Etf

New / Exited

24 / 10

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% · $427M
ETP · 33.1% · $286M
Common Stock · 17.2% · $149M
ADR · 0.5% · $4M
Equity WRT · 0.0% · $7,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
iShares S&P 500 Swap UCITS ETF USD (Acc)	NEW	+1.61M	1.61M	+$17M	$17M
JPMorgan Ultra-Short Municipal ETF	NEW	+98.4K	98.4K	+$5M	$5M
AVGO Broadcom Limited	NEW	+6.5K	6.5K	+$2M	$2M
USFR Wisdomtree TR (floatng Rat Trea)	NEW	+28.0K	28.0K	+$1M	$1M
VPL Vanguard FTSE Pacific ETF	NEW	+16.3K	16.3K	+$1M	$1M
VGUS Vanguard Ultra SHRT Treasury	NEW	+16.2K	16.2K	+$1M	$1M
HEZU iShares Currency Hedged MSCI Eurozone ETF	NEW	+27.3K	27.3K	+$1M	$1M
Vanguard Usd CP 1-3 Ucits ETF	NEW	+17.1K	17.1K	+$848,000	$848,000

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

Holdings — Q2 2025

186 positions (from 246 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	7.16%	$62M	109.3K
2	iShares Core S&P 500 UCITS ETF (Acc)	ETF	4.77%	$41M	62.6K
3	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	4.32%	$37M	159.8K
4	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	3.81%	$33M	50.0K
5	iShares S&P 500 Equal Weight UCITS ETF (Acc)	ETF	3.49%	$30M	4.66M
6	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	3.36%	$29M	4.74M
7	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	2.76%	$24M	4.16M
8	AAPL Apple history →	Common Stock	2.58%	$22M	109.1K
9	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.42%	$21M	39.9K
10	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	2.19%	$19M	3.55M
11	iShares S&P 500 Swap UCITS ETF USD (Acc)	ETF	1.98%	$17M	1.68M
12	iShares $ Treasury Bond 0-1yr UCITS ETF (Acc)	ETF	1.98%	$17M	147.4K
13	VO Vanguard Mid-Cap ETF history →	ETF	1.85%	$16M	57.2K
14	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	1.73%	$15M	2.38M
15	AMZN Amazon Com Inc history →	Common Stock	1.71%	$15M	67.6K
16	IVV iShares Core S&P 500 ETF history →	ETF	1.69%	$15M	23.6K
17	iShares MSCI ACWI UCITS ETF (Acc)	ETF	1.69%	$15M	149.9K
18	iShares MSCI World UCITS ETF	ETF	1.60%	$14M	161.9K
19	GOOGL Alphabet Inc. Class A	Common Stock	1.51%	$13M	74.3K
20	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.45%	$13M	56.8K
21	VGK Vanguard FTSE Europe ETF history →	ETF	1.34%	$12M	149.4K
22	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.31%	$11M	184.3K
23	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.26%	$11M	1.82M
24	FLOT iShares Floating Rate Bond ETF history →	ETF	1.20%	$10M	204.0K
25	IVE iShares S&P 500 Value ETF history →	ETF	1.10%	$10M	48.8K
26	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	1.02%	$9M	1.29M
27	BAC Bank of America	Common Stock	1.00%	$9M	182.6K
28	Invesco Preferred Shares UCITS ETF (Acc)	ETF	0.95%	$8M	183.2K
29	XLF Financial Select Sector SPDR Fund	ETF	0.95%	$8M	156.7K
30	IWD iShares Russell 1000 Value ETF	ETF	0.94%	$8M	42.0K
31	MSFT Microsoft	Common Stock	0.93%	$8M	16.2K
32	VWO Vanguard FTSE Emerging Markets ETF	ETF	0.88%	$8M	153.8K
33	IWM iShares Russell 2000 ETF	ETF	0.88%	$8M	35.2K
34	META Meta Platforms Inc (Facebook)	Common Stock	0.84%	$7M	9.9K
35	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.83%	$7M	88.5K
36	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.83%	$7M	1.25M
37	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF	ETF	0.83%	$7M	142.1K
38	SPDR S&P 400 US Mid Cap UCITS ETF (Acc)	ETF	0.82%	$7M	74.5K
39	SPY SPDR S&P 500 ETF Trust	ETF	0.77%	$7M	10.8K
40	iShares $ Corp Bond UCITS ETF (Acc)	ETF	0.67%	$6M	956.0K
41	JPMorgan Ultra-Short Municipal ETF	ETF	0.58%	$5M	98.4K
42	VGT Vanguard Info Tech ETF	ETF	0.56%	$5M	7.3K
43	EMXC iShares MSCI Emerging Markets ex China ETF	ETF	0.55%	$5M	75.2K
44	iShares NASDAQ 100 UCITS ETF (Acc)	ETF	0.54%	$5M	3.6K
45	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	0.52%	$5M	113.4K
46	iShares $ Short Duration Corp Bond UCITS ETF (Dist)	ETF	0.52%	$5M	44.9K
47	Invesco USD AAA CLO UCITS ETF (Acc)	ETF	0.50%	$4M	213.3K
48	NVDA Nvidia Corporation	Common Stock	0.49%	$4M	26.9K
49	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.48%	$4M	742.0K
50	IVW iShares S&P 500 Growth ETF	ETF	0.48%	$4M	37.5K
51	IWF iShares Russell 1000 Growth ETF	ETF	0.48%	$4M	9.7K
52	iShares S&P SmallCap 600 UCITS ETF	ETF	0.47%	$4M	46.2K
53	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.47%	$4M	33.0K
54	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.47%	$4M	145.1K
55	EWJ iShares MSCI Japan ETF	ETF	0.45%	$4M	52.9K
56	iShares US Property Yield UCITS ETF (Dist)	ETF	0.43%	$4M	129.8K
57	IWN iShares Russell 2000 Value ETF	ETF	0.41%	$4M	22.5K
58	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.40%	$3M	56.5K
59	IEFA iShares Core MSCI EAFE ETF	ETF	0.39%	$3M	40.9K
60	VIS Vanguard Industrials ETF	ETF	0.39%	$3M	12.0K
61	iShares MSCI EM UCITS ETF USD (Acc)	ETF	0.39%	$3M	73.8K
62	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.37%	$3M	457.8K
63	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.36%	$3M	294.4K
64	BX Blackstone Group Inc	Common Stock	0.35%	$3M	20.5K
65	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.35%	$3M	25.4K
66	KKR KKR & Co Inc Class A	Common Stock	0.35%	$3M	22.5K
67	SHV iShares Short Treasury Bond ETF	ETF	0.34%	$3M	27.0K
68	iShares S&P 500 UCITS ETF (Dist)	ETF	0.34%	$3M	47.7K
69	APO Apollo Global MGMT	Common Stock	0.34%	$3M	20.6K
70	MBB iShares MBS ETF	ETF	0.33%	$3M	30.7K
71	iShares MSCI USA Small Cap ESG Enhanced UCITS ETF (Acc)	ETF	0.32%	$3M	5.3K
72	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.31%	$3M	26.8K
73	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.31%	$3M	11.3K
74	PFF iShares U.S. Preferred Stock ETF	ETF	0.30%	$3M	83.4K
75	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.29%	$3M	18.1K
76	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.29%	$2M	263.0K
77	CG Carlyle Group Inc LP	Master Limited Partnership	0.28%	$2M	47.5K
78	XLV Health Care Select Sector SPDR Fund	ETF	0.28%	$2M	17.9K
79	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.27%	$2M	16.4K
80	Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (Acc)	ETF	0.27%	$2M	66.5K
81	MA Mastercard Inc CL A	Common Stock	0.27%	$2M	4.1K
82	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.25%	$2M	31.3K
83	GSLC Goldman Sachs Actvbeta US LRG ETF	ETF	0.25%	$2M	18.0K
84	AMLP Alerian MLP ETF	Common Stock	0.25%	$2M	43.7K
85	VAW Vanguard Materials ETF	ETF	0.23%	$2M	10.4K
86	JAAA Janus Henderson AAA CLO ETF	ETF	0.23%	$2M	39.7K
87	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.22%	$2M	151.3K
88	QQQ Invesco QQQ Trust ETF	ETF	0.21%	$2M	3.3K
89	URTH iShares MSCI World ETF	ETF	0.21%	$2M	10.8K
90	AVGO Broadcom Limited	Common Stock	0.21%	$2M	6.5K
91	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.21%	$2M	18.1K
92	VB Vanguard Small Cap ETF	ETF	0.21%	$2M	7.5K
93	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.20%	$2M	21.2K
94	VOOG Vanguard S&P 500 Growth ETF	ETF	0.19%	$2M	4.1K
95	TSLA Tesla Inc	Common Stock	0.18%	$2M	4.9K
96	VNQ Vanguard Real Estate ETF	ETF	0.18%	$2M	17.1K
97	iShares MSCI World UCITS ETF (Dist)	ETF	0.17%	$1M	17.1K
98	USFR Wisdomtree TR (floatng Rat Trea)	ETF	0.16%	$1M	28.0K
99	DIS Walt Disney	Common Stock	0.16%	$1M	11.3K
100	VPL Vanguard FTSE Pacific ETF	ETF	0.15%	$1M	16.3K

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 ↗.