# Sierra Capital LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1787274. Source: https://holderbook.com/funds/1787274-sierra-capital-llc/

- Reported value: $1.0B
- Positions: 228
- Weight of the ten largest: 34.8%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $69.0M | 100,535 | 6.7% | 22 |
| iShares $ Short Duration Corp Bond UCITS ETF (Acc) | - | $40.2M | 6,290,739 | 3.9% | 22 |
| iShares Core MSCI EMU UCITS ETF (Acc) | - | $37.8M | 134,257 | 3.7% | 22 |
| iShares MSCI EM ex-China UCITS ETF (Acc) | - | $37.0M | 3,840,624 | 3.6% | 16 |
| iShares S&P 500 Equal Weight UCITS ETF (Acc) | - | $34.5M | 4,461,245 | 3.3% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $31.0M | 107,270 | 3.0% | 22 |
| iShares S&P 500 Swap UCITS ETF USD (Acc) | - | $30.8M | 2,458,749 | 3.0% | 5 |
| iShares MSCI USA Small Cap UCITS ETF (Acc) | - | $29.8M | 41,760 | 2.9% | 22 |
| iShares Core S&P 500 UCITS ETF (Acc) | - | $25.0M | 31,042 | 2.4% | 22 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $24.7M | 49,402 | 2.4% | 22 |
| iShares US Mortgage Backed Securities UCITS ETF (Acc) | - | $20.7M | 3,694,383 | 2.0% | 22 |
| iShares MSCI Japan UCITS ETF (Acc) | - | $20.2M | 70,052 | 2.0% | 22 |
| iShares $ Floating Rate Bond UCITS ETF (Acc) | - | $19.1M | 2,904,123 | 1.8% | 22 |
| iShares MSCI World UCITS ETF (Dist) | - | $18.5M | 180,388 | 1.8% | 22 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $18.2M | 225,962 | 1.8% | 20 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $15.9M | 66,662 | 1.5% | 22 |
| iShares $ Treasury Bond 0-1yr UCITS ETF (Acc) | - | $15.8M | 130,805 | 1.5% | 11 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $15.7M | 21,012 | 1.5% | 22 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $15.1M | 42,249 | 1.5% | 22 |
| iShares Core S&P 500 UCITS ETF USD (Dist) | - | $14.9M | 199,978 | 1.4% | 22 |
| iShares MSCI ACWI UCITS ETF (Acc) | - | $14.8M | 122,759 | 1.4% | 22 |
| iShares $ Short Duration High Yield Corp Bond UCITS ETF (Acc) | - | $14.7M | 2,019,546 | 1.4% | 22 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $14.4M | 162,316 | 1.4% | 20 |
| iShares J.P. Morgan $ EM Bond UCITS ETF (Acc) | - | $12.3M | 1,857,120 | 1.2% | 22 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $10.8M | 47,422 | 1.0% | 22 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $10.5M | 176,075 | 1.0% | 20 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $10.3M | 180,605 | 1.0% | 22 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $9.7M | 32,243 | 0.9% | 22 |
| iShares Global Govt Bond UCITS ETF USD (Acc) | - | $9.5M | 2,028,599 | 0.9% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $9.0M | 12 | 0.9% | 16 |
| iShares $ Treasury Bond 1-3yr UCITS ETF (Acc) | - | $9.0M | 1,507,212 | 0.9% | 22 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $9.0M | 36,928 | 0.9% | 22 |
| Invesco Preferred Shares UCITS ETF (Acc) | - | $8.9M | 191,351 | 0.9% | 22 |
| iShares Core MSCI EMU UCITS ETF (Acc) | - | $8.8M | 31,403 | 0.9% | 2 |
| SPDR S&P 400 US Mid Cap UCITS ETF (Acc) | - | $8.5M | 70,674 | 0.8% | 15 |
| GOLDMAN SACHS ETF TR | [GSEW](https://holderbook.com/stocks/GSEW/) | $8.0M | 85,137 | 0.8% | 18 |
| ISHARES TR | [SLQD](https://holderbook.com/stocks/SLQD/) | $8.0M | 158,336 | 0.8% | 22 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $7.9M | 154,747 | 0.8% | 22 |
| iShares $ Corp Bond UCITS ETF (Acc) | - | $7.8M | 1,229,815 | 0.8% | 22 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $7.6M | 142,127 | 0.7% | 22 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $7.6M | 74,366 | 0.7% | 16 |
| Invesco USD AAA CLO UCITS ETF (Acc) | - | $7.2M | 336,035 | 0.7% | 6 |
| iShares MSCI EM UCITS ETF USD (Acc) | - | $7.0M | 107,107 | 0.7% | 6 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $7.0M | 137,619 | 0.7% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.9M | 19,395 | 0.7% | 22 |
| iShares US Aggregate Bond UCITS ETF (Acc) | - | $6.7M | 1,166,575 | 0.7% | 22 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $6.5M | 54,732 | 0.6% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.3M | 17,005 | 0.6% | 22 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $6.3M | 8,443 | 0.6% | 22 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $6.0M | 10,720 | 0.6% | 22 |
| iShares $ Short Duration Corp Bond UCITS ETF (Dist) | - | $5.7M | 57,593 | 0.6% | 10 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.6M | 27,857 | 0.5% | 22 |
| iShares NASDAQ 100 UCITS ETF (Acc) | - | $5.5M | 3,175 | 0.5% | 7 |
| iShares Core MSCI Europe UCITS ETF (Dist) | - | $5.2M | 113,368 | 0.5% | 19 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $5.2M | 37,532 | 0.5% | 10 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $5.1M | 54,382 | 0.5% | 22 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $4.8M | 38,872 | 0.5% | 10 |
| iShares US Property Yield UCITS ETF (Dist) | - | $4.3M | 129,787 | 0.4% | 17 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $4.3M | 11,995 | 0.4% | 22 |
| Invesco AT1 Capital Bond UCITS ETF (Acc) | - | $4.0M | 132,971 | 0.4% | 22 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $3.9M | 17,742 | 0.4% | 22 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.9M | 40,367 | 0.4% | 8 |
| iShares $ High Yield Corp Bond UCITS ETF (Acc) | - | $3.7M | 488,803 | 0.4% | 22 |
| iShares Core MSCI World UCITS ETF (Acc) | - | $3.5M | 24,300 | 0.3% | 22 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $3.5M | 45,639 | 0.3% | 22 |
| VANGUARD ADMIRAL FDS INC | [VIOO](https://holderbook.com/stocks/VIOO/) | $3.3M | 24,313 | 0.3% | 20 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $3.2M | 20,441 | 0.3% | 22 |
| iShares J.P. Morgan EM Local Govt Bond UCITS ETF (Dist) | - | $3.2M | 68,985 | 0.3% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $3.1M | 26,786 | 0.3% | 5 |
| iShares S&P 500 Consumer Staples Sector UCITS ETF (Acc) | - | $2.9M | 293,453 | 0.3% | 22 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $2.8M | 90,996 | 0.3% | 22 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $2.7M | 28,777 | 0.3% | 22 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.7M | 7,141 | 0.3% | 5 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.7M | 27,201 | 0.3% | 22 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $2.7M | 18,343 | 0.3% | 22 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $2.6M | 31,459 | 0.3% | 20 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $2.5M | 17,848 | 0.2% | 10 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $2.5M | 16,693 | 0.2% | 18 |
| iShares $ Treasury Bond 7-10yr UCITS ETF USD (Acc) | - | $2.5M | 15,873 | 0.2% | 7 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $2.4M | 47,619 | 0.2% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.4M | 3,259 | 0.2% | 16 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $2.4M | 10,398 | 0.2% | 22 |
| ISHARES INC | [URTH](https://holderbook.com/stocks/URTH/) | $2.4M | 11,651 | 0.2% | 22 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $2.3M | 7,550 | 0.2% | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.3M | 4,764 | 0.2% | 22 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $2.2M | 5,185 | 0.2% | 22 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.1M | 8,157 | 0.2% | 22 |
| iShares S&P SmallCap 600 UCITS ETF | - | $2.1M | 17,224 | 0.2% | 22 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $2.0M | 38,860 | 0.2% | 18 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $1.9M | 24,352 | 0.2% | 22 |
| iShares S&P 500 Health Care Sector UCITS ETF (Acc) | - | $1.9M | 147,431 | 0.2% | 22 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.9M | 15,978 | 0.2% | 22 |
| iShares Global Govt Bond UCITS ETF (Dist) | - | $1.8M | 20,642 | 0.2% | 2 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $1.8M | 11,583 | 0.2% | 22 |
| iShares S&P 500 Utilities Sector UCITS ETF (Acc) | - | $1.7M | 151,065 | 0.2% | 22 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $1.7M | 39,915 | 0.2% | 22 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $1.7M | 7,661 | 0.2% | 22 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.7M | 17,114 | 0.2% | 12 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $1.6M | 13,567 | 0.2% | 18 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $1.6M | 5,196 | 0.2% | 18 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2026 | -4.2% | -4.6% | +0.4% | 60% |
| Q4 2025 | +2.5% | +2.4% | +0.1% | 63% |
| Q4 2024 | +0.6% | +2.1% | -1.6% | 61% |
| Q3 2024 | +6.0% | +5.4% | +0.6% | 62% |
| Q2 2023 | +6.0% | +8.3% | -2.3% | 61% |
| Q3 2022 | -5.3% | -5.3% | +0.0% | 64% |
| Q2 2022 | -15.5% | -16.5% | +1.0% | 62% |
| Q1 2022 | -3.4% | -4.9% | +1.5% | 62% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.0B | 228 |
| Q1 2026 | $917.6M | 216 |
| Q4 2025 | $945.0M | 198 |
| Q3 2025 | $911.6M | 207 |
| Q2 2025 | $866.5M | 204 |
| Q1 2025 | $830.1M | 190 |
| Q4 2024 | $843.4M | 196 |
| Q3 2024 | $838.3M | 195 |
| Q2 2024 | $748.7M | 183 |
| Q1 2024 | $764.5M | 192 |
| Q4 2023 | $681.7M | 181 |
| Q3 2023 | $622.8M | 184 |