Managers / Q3 2025 · view latest →

Sierra Capital LLC

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

Reported Value

$912M

Q3 2025

Positions

249

Filings on Record

2021–present window

Filed

Nov 14, 2025

original filing

Summary

Sierra Capital LLC reported $912M in U.S.-listed holdings across 249 positions for Q3 2025.

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

Compared with Q2 2025, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover

+2.4%

vs prior filed quarter

Top-10 Concentration

+36.2%

share of reported value

Largest Position

+7.1%

Vanguard S P 500 Etf

New / Exited

6 / 3

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 · 48.9% · $446M
ETP · 33.0% · $301M
Common Stock · 17.6% · $161M
ADR · 0.5% · $4M
Equity WRT · 0.0% · $8,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
iShares S&P 500 Swap UCITS ETF (Acc)	NEW	+375.0K	375.0K	+$4M	$4M
iShares Core MSCI Emu-Usd Ha	NEW	+63.8K	63.8K	+$669,000	$669,000
iShares S&P 500 Energy Sector UCITS ETF (Acc)	NEW	+33.5K	33.5K	+$309,000	$309,000
Vanguard FTSE Emerging Markets UCITS ETF USD (Acc)	NEW	+2.7K	2.7K	+$209,000	$209,000
SUIG SUI Group Holdings Limited (Mill City Ventures III LTD)	NEW	+41.0K	41.0K	+$158,000	$158,000
BORR Borr Drilling	NEW	+15.0K	15.0K	+$40,000	$40,000
RIO Rio Tinto ADR Each	SOLD OUT	−7.9K	0	−$459,000	$0
LVMH Moet Hennessy Louis Vuitton SE	SOLD OUT	−744	0	−$390,000	$0

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

Holdings — Q3 2025

189 positions (from 249 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VOO Vanguard S&P 500 ETF history →	ETF	7.06%	$64M	105.2K
2	iShares Core MSCI EMU UCITS ETF (Acc)	ETF	4.19%	$38M	157.0K
3	iShares $ Short Duration Corp Bond UCITS ETF (Acc)	ETF	4.07%	$37M	5.95M
4	BRK/B Berkshire Hathaway Inc. Class B	Common Stock	3.71%	$34M	49.3K
5	iShares S&P 500 Equal Weight UCITS ETF (Acc)	ETF	3.34%	$30M	4.48M
6	iShares Core S&P 500 UCITS ETF (Acc)	ETF	3.22%	$29M	41.3K
7	AAPL Apple history →	Common Stock	2.93%	$27M	104.9K
8	iShares MSCI EM ex-China UCITS ETF (Acc)	ETF	2.91%	$26M	4.19M
9	iShares MSCI USA Small Cap UCITS ETF (Acc)	ETF	2.50%	$23M	40.0K
10	iShares US Mortgage Backed Securities UCITS ETF (Acc)	ETF	2.22%	$20M	3.68M
11	iShares S&P 500 Swap UCITS ETF USD (Acc)	ETF	2.03%	$19M	1.68M
12	GOOGL Alphabet Inc. Class A	Common Stock	1.98%	$18M	74.3K
13	VO Vanguard Mid-Cap ETF history →	ETF	1.86%	$17M	57.6K
14	iShares MSCI ACWI UCITS ETF (Acc)	ETF	1.70%	$15M	147.7K
15	iShares $ Treasury Bond 0-1yr UCITS ETF (Acc)	ETF	1.68%	$15M	130.3K
16	iShares $ Floating Rate Bond UCITS ETF (Acc)	ETF	1.67%	$15M	2.39M
17	IVV iShares Core S&P 500 ETF history →	ETF	1.67%	$15M	22.7K
18	AMZN Amazon Com Inc history →	Common Stock	1.63%	$15M	67.6K
19	iShares MSCI World UCITS ETF	ETF	1.62%	$15M	161.9K
20	iShares MSCI Japan UCITS ETF (Acc)	ETF	1.48%	$13M	57.0K
21	VGK Vanguard FTSE Europe ETF history →	ETF	1.29%	$12M	147.1K
22	iShares Core S&P 500 UCITS ETF USD (Dist)	ETF	1.28%	$12M	176.3K
23	iShares J.P. Morgan $ EM Bond UCITS ETF (Acc)	ETF	1.22%	$11M	1.76M
24	IVE iShares S&P 500 Value ETF history →	ETF	1.11%	$10M	48.8K
25	FLOT iShares Floating Rate Bond ETF history →	ETF	1.09%	$10M	194.1K
26	BAC Bank of America history →	Common Stock	1.03%	$9M	182.6K
27	SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF history →	ETF	1.01%	$9M	181.7K
28	iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc)	ETF	0.97%	$9M	1.26M
29	Invesco Preferred Shares UCITS ETF (Acc)	ETF	0.93%	$8M	178.5K
30	IWM iShares Russell 2000 ETF	ETF	0.93%	$8M	35.0K
31	MSFT Microsoft	Common Stock	0.93%	$8M	16.3K
32	XLF Financial Select Sector SPDR Fund	ETF	0.93%	$8M	156.7K
33	VWO Vanguard FTSE Emerging Markets ETF	ETF	0.90%	$8M	151.8K
34	IWD iShares Russell 1000 Value ETF	ETF	0.84%	$8M	37.5K
35	GSEW Goldman Sachs Equal Weight U.S. Large Cap ETF	ETF	0.83%	$8M	88.9K
36	SPDR S&P 400 US Mid Cap UCITS ETF (Acc)	ETF	0.81%	$7M	74.2K
37	Invesco USD AAA CLO UCITS ETF (Acc)	ETF	0.80%	$7M	355.2K
38	META Meta Platforms Inc (Facebook)	Common Stock	0.80%	$7M	9.9K
39	iShares $ Treasury Bond 1-3yr UCITS ETF (Acc)	ETF	0.78%	$7M	1.22M
40	SPY SPDR S&P 500 ETF Trust	ETF	0.72%	$7M	9.8K
41	iShares $ Corp Bond UCITS ETF (Acc)	ETF	0.66%	$6M	956.0K
42	iShares $ Short Duration Corp Bond UCITS ETF (Dist)	ETF	0.66%	$6M	59.3K
43	VGT Vanguard Info Tech ETF	ETF	0.60%	$5M	7.3K
44	EMXC iShares MSCI Emerging Markets ex China ETF	ETF	0.56%	$5M	75.1K
45	JPMorgan Ultra-Short Municipal ETF	ETF	0.55%	$5M	98.4K
46	iShares NASDAQ 100 UCITS ETF (Acc)	ETF	0.54%	$5M	3.5K
47	NVDA Nvidia Corporation	Common Stock	0.53%	$5M	26.0K
48	iShares Core MSCI Europe UCITS ETF (Dist)	ETF	0.51%	$5M	113.4K
49	iShares US Aggregate Bond UCITS ETF (Acc)	ETF	0.50%	$5M	806.4K
50	IWF iShares Russell 1000 Growth ETF	ETF	0.50%	$5M	9.7K
51	IVW iShares S&P 500 Growth ETF	ETF	0.50%	$5M	37.5K
52	iShares S&P SmallCap 600 UCITS ETF	ETF	0.48%	$4M	46.2K
53	IJJ iShares S&P Mid-Cap 400 Value ETF	ETF	0.47%	$4M	32.7K
54	EWJ iShares MSCI Japan ETF	ETF	0.46%	$4M	52.0K
55	iShares S&P 500 Swap UCITS ETF (Acc)	ETF	0.45%	$4M	375.0K
56	iShares MSCI EM UCITS ETF USD (Acc)	ETF	0.44%	$4M	80.0K
57	IWN iShares Russell 2000 Value ETF	ETF	0.44%	$4M	22.5K
58	Invesco AT1 Capital Bond UCITS ETF (Acc)	ETF	0.43%	$4M	133.0K
59	iShares US Property Yield UCITS ETF (Dist)	ETF	0.42%	$4M	129.8K
60	ACWX iShares MSCI ACWI ex U.S. ETF	ETF	0.40%	$4M	56.2K
61	IEFA iShares Core MSCI EAFE ETF	ETF	0.39%	$4M	40.9K
62	VIS Vanguard Industrials ETF	ETF	0.39%	$4M	12.0K
63	iShares $ High Yield Corp Bond UCITS ETF (Acc)	ETF	0.36%	$3M	447.4K
64	iShares Core MSCI World UCITS ETF (Acc)	ETF	0.35%	$3M	25.4K
65	iShares S&P 500 UCITS ETF (Dist)	ETF	0.34%	$3M	47.0K
66	VIOO Vanguard S&P Small-Cap 600 ETF	ETF	0.33%	$3M	27.6K
67	iShares MSCI USA Small Cap ESG Enhanced UCITS ETF (Acc)	ETF	0.33%	$3M	5.3K
68	BX Blackstone Group Inc	Common Stock	0.33%	$3M	17.7K
69	iShares Edge MSCI USA Value Factor UCITS ETF (Acc)	ETF	0.32%	$3M	251.4K
70	PFF iShares U.S. Preferred Stock ETF	ETF	0.31%	$3M	89.0K
71	MBB iShares MBS ETF	ETF	0.31%	$3M	28.9K
72	iShares MSCI EMU UCITS ETF (Acc)	ETF	0.30%	$3M	11.2K
73	IWP iShares Russell Mid-Cap Growth ETF	Common Stock	0.28%	$3M	18.1K
74	Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (Acc)	ETF	0.27%	$3M	66.5K
75	XLV Health Care Select Sector SPDR Fund	ETF	0.27%	$2M	17.9K
76	CG Carlyle Group Inc LP	Master Limited Partnership	0.27%	$2M	39.7K
77	KKR KKR & Co Inc Class A	Common Stock	0.27%	$2M	18.9K
78	iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc)	ETF	0.27%	$2M	263.0K
79	JAAA Janus Henderson AAA CLO ETF	ETF	0.26%	$2M	47.5K
80	AMLP Alerian MLP ETF	Common Stock	0.26%	$2M	50.5K
81	GSLC Goldman Sachs Actvbeta US LRG ETF	ETF	0.26%	$2M	18.0K
82	MA Mastercard Inc CL A	Common Stock	0.26%	$2M	4.1K
83	SHEL Shell PLC Sponsored ADR Repstg Ord SH	Common Stock	0.25%	$2M	32.3K
84	APO Apollo Global MGMT	Common Stock	0.25%	$2M	17.0K
85	VOOG Vanguard S&P 500 Growth ETF	ETF	0.24%	$2M	5.0K
86	TSLA Tesla Inc	Common Stock	0.24%	$2M	4.9K
87	AVGO Broadcom Limited	Common Stock	0.24%	$2M	6.5K
88	VAW Vanguard Materials ETF	ETF	0.23%	$2M	10.4K
89	URTH iShares MSCI World ETF	ETF	0.22%	$2M	10.8K
90	QQQ Invesco QQQ Trust ETF	ETF	0.21%	$2M	3.3K
91	iShares S&P 500 Industrials Sector UCITS ETF (Acc)	ETF	0.21%	$2M	151.3K
92	VB Vanguard Small Cap ETF	ETF	0.21%	$2M	7.5K
93	AGG iShares Core U.S. Aggregate Bond ETF	ETF	0.20%	$2M	18.6K
94	HLNE Hamilton Lane Incorporat Class A	Common Stock	0.19%	$2M	12.9K
95	iShares iBoxx $ High Yield Corporate Bond ETF	ETF	0.18%	$2M	19.9K
96	VNQ Vanguard Real Estate ETF	ETF	0.17%	$2M	17.1K
97	JNJ Johnson & Johnson	Common Stock	0.16%	$2M	8.1K
98	VOOV Vanguard S&P 500 Value ETF	ETF	0.16%	$1M	7.4K
99	iShares MSCI World UCITS ETF (Dist)	ETF	0.16%	$1M	16.0K
100	VOT Vanguard Mid-Cap Growth ETF	ETF	0.16%	$1M	5.0K

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 ↗.