Sierra Capital LLC
Long book
$917.6M
Q1 2026
Positions
216
Top-10 weight
34%
concentration
Last quarter
+16.1%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsSierra Capital LLC is a wealth-management firm allocating client money, running a $917.6M US long book across 216 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE MSCI EMU EUR A, ISHARES USD SHORT DUR USD A, ISHARES MSCI EM XCHINA, ISHARES S&P500 EQ WT USD ACC.
Over the last 9 quarters its long book ran on average 7pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+64.4%
Q2 2024
+5.2%
Q3 2024
+4.8%
Q4 2024
-0.4%
Q1 2025
+3.9%
Q2 2025
+8.3%
Q3 2025
+3.7%
Q4 2025
-3.0%
Q1 2026
+16.1%
Sector allocation
Technology 46%
Financials 36%
Consumer discretionary 10%
Healthcare 2%
Industrials 2%
Services media 2%
Consumer staples 1%
Energy 0%
Long book by quarter
What does Sierra Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 107.5K | $27.3M | 3.0% | -2.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 47.2K | $22.6M | 2.5% | -3.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 68.0K | $14.2M | 1.5% | -1.6% |
| GOOGL ALPHABET INC-CL A | Technology | 42.3K | $12.2M | 1.3% | -12.3% |
| BAC BANK OF AMERICA CORP | Financials | 182.6K | $8.9M | 1.0% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 12 | $8.6M | 0.9% | Held |
| MSFT MICROSOFT CORP | Technology | 15.9K | $5.9M | 0.6% | -2.2% |
| META META PLATFORMS INC-CLASS A | Technology | 10.2K | $5.8M | 0.6% | +2.8% |
| GOOG ALPHABET INC-CL C | Technology | 19.4K | $5.6M | 0.6% | -31.3% |
| NVDA NVIDIA CORP | Technology | 28.1K | $4.9M | 0.5% | +12.1% |
| AVGO BROADCOM INC | Technology | 7.0K | $2.2M | 0.2% | +8.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 8.2K | $2.0M | 0.2% | +0.2% |
| BX BLACKSTONE INC | Financials | 16.1K | $1.8M | 0.2% | -1.4% |
| TSLA TESLA INC | Industrials | 5.0K | $1.8M | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 283 | $917.6M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 18, 2026 | 269 | $945.0M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 249 | $911.6M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 246 | $866.5M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 235 | $830.1M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 243 | $843.4M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 239 | $838.3M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 228 | $748.7M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 29, 2024 | 234 | $764.5M | $K fixed canonical | SEC ↗ |