Sepio Capital, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 28, 2026), Sepio Capital, LP reported 346 stock positions worth $2.0 billion. Its top holding was Bushido Cap US Equity ETF (SMRI) at 28.0% of the portfolio, followed by Bushido Cap Smid C Eqty ETF (RNIN, 7.9%) and Vanguard S&P 500 ETF (VOO, 6.8%). Compared with Q1 2026, it opened 35 new positions, sold out of 59, added to 123 and reduced 157. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +4%) and the biggest sale Vanguard Mrngstr Val ETF-Aui (VTV, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- Salt Lake City, UT
- CIK
- 0001751412
- Portfolio Value
- $2.0B (Q2 2026)
- SEC Filing
- 0001172661-26-002867 ↗ filed Jul 28, 2026
Holdings Value
Holdings 346 stocks · $2.0B
| SMRI Bushido Cap US Equity ETF | 27.97% | 13,553,115 | $556.0M | Reduce -0.1% |
| RNIN Bushido Cap Smid C Eqty ETF | 7.88% | 4,870,406 | $156.6M | Add +0.6% |
| VOO Vanguard S&P 500 ETF | 6.82% | 197,490 | $135.6M | Add +4.0% |
| VEA Vanguard Ftse Developed ETF | 3.86% | 1,076,537 | $76.7M | Add +2.0% |
| VWO Vanguard Ftse Emerging Marke | 1.95% | 649,410 | $38.8M | Reduce -1.2% |
| ABBV Abbvie Inc. | 1.65% | 130,177 | $32.8M | Reduce -4.8% |
| RSP Invesco S&P 500 Equal Weight | 1.58% | 147,612 | $31.4M | Add +10.0% |
| NVDA Nvidia Corp. | 1.50% | 148,539 | $29.7M | Reduce -3.3% |
| ICOW Pacer Developed Markets Inte | 1.39% | 664,973 | $27.7M | Add +8.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.38% | 125,736 | $27.4M | Reduce -30.3% |
| VFLO Victoryshares Free Cash Flow | 1.26% | 545,660 | $25.0M | Add +0.6% |
| ACWI iShares MSCI Acwi ETF | 1.24% | 156,594 | $24.6M | Add +15.6% |
| MSFT Microsoft Corp. | 1.11% | 59,287 | $22.1M | Reduce -6.6% |
| EYLD Cambria Emerg Shrhldr Yield | 1.11% | 486,941 | $22.1M | Add +11.7% |
| TSLA Tesla Inc. | 1.07% | 50,466 | $21.2M | Reduce -4.7% |
| QQQM Invesco Nasdaq 100 ETF | 1.02% | 67,099 | $20.3M | Reduce -9.6% |
| META Meta Platforms Inc. Class A | 1.00% | 35,394 | $19.9M | Add +8.1% |
| AMZN Amazon.com Inc. | 1.00% | 83,587 | $19.9M | Reduce -21.6% |
| AAPL Apple Inc. | 0.98% | 67,146 | $19.4M | Reduce -8.4% |
| ABT Abbott Laboratories | 0.90% | 198,248 | $18.0M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.82% | 46,170 | $16.3M | Reduce -24.4% |
| GOOGL Alphabet Inc. Class A | 0.82% | 45,522 | $16.3M | Reduce -28.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.79% | 21,389 | $15.8M | Reduce -5.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.79% | 21,053 | $15.7M | Reduce -26.6% |
| IVV iShares Core S&P 500 ETF | 0.79% | 20,923 | $15.7M | Add +0.4% |
| XLK SS Technology Select Sector | 0.75% | 78,412 | $14.9M | Add +0.1% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.67% | 67,727 | $13.4M | Reduce -0.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.64% | 52,223 | $12.7M | Reduce -1.2% |
| GVI iShares Intermediate Governm | 0.58% | 108,902 | $11.6M | Add +34.9% |
| HMOP Hartford Municipal Opp ETF | 0.57% | 290,404 | $11.4M | Add +9.0% |
| IWB iShares Russell 1000 ETF | 0.55% | 26,737 | $10.9M | No change |
| VTIP Vanguard Short-Term Tips | 0.51% | 202,550 | $10.2M | Reduce -4.0% |
| IWF iShares Russell 1000 Growth | 0.49% | 77,965 | $9.7M | Reduce -1.1% |
| IFLO VS Intl Free Cash Flow ETF filed as VICTORY PORTFOLIOS II | 0.48% | 290,146 | $9.6M | Add +0.7% |
| V Visa Inc. Class A | 0.48% | 27,662 | $9.5M | Reduce -9.2% |
| GLW Corning Inc. | 0.46% | 35,774 | $9.1M | Add +8.9% |
| IWD iShares Russell 1000 Value E | 0.42% | 34,717 | $8.4M | Add +0.9% |
| GVAL Cambria Global Value ETF | 0.42% | 230,805 | $8.3M | Add +0.8% |
| BA The Boeing Co. | 0.40% | 36,461 | $7.9M | Add +5.0% |
| EFA iShares MSCI Eafe ETF | 0.39% | 74,988 | $7.8M | Add +3.3% |
| DISV Dimensional International SM | 0.39% | 191,566 | $7.7M | Add +1.5% |
| NET Cloudflare Inc. Class A | 0.36% | 29,156 | $7.2M | Reduce -2.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.34% | 8,947 | $6.8M | Add +0.9% |
| GLD SPDR Gold Shares | 0.33% | 18,001 | $6.6M | Reduce -0.4% |
| NFLX Netflix Inc. | 0.33% | 90,667 | $6.5M | Reduce -4.1% |
| IAU iShares Gold Trust | 0.30% | 77,908 | $5.9M | Add +0.6% |
| MNST Monster Beverage Corp. | 0.29% | 60,557 | $5.8M | Add +5.0% |
| ORCL Oracle Corp. | 0.29% | 39,593 | $5.8M | Reduce -3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 10,942 | $5.5M | Reduce -13.2% |
| JNJ Johnson & Johnson | 0.26% | 20,642 | $5.2M | Reduce -6.3% |
| CVX Chevron Corp. | 0.26% | 31,135 | $5.2M | Reduce -10.8% |
| UNH Unitedhealth Group Inc. | 0.26% | 12,397 | $5.2M | Reduce -7.8% |
| CSCO Cisco Systems Inc. | 0.26% | 43,527 | $5.1M | Reduce -20.6% |
| COST Costco Wholesale Corp. | 0.25% | 5,396 | $5.0M | Reduce -11.0% |
| TXN Texas Instruments Inc. | 0.25% | 16,586 | $4.9M | Reduce -18.8% |
| FBTC Fidelity Wise Origin Bitcoin | 0.25% | 95,806 | $4.9M | Add +117.0% |
| CMI Cummins Inc. | 0.24% | 6,785 | $4.8M | Add +6.3% |
| SHOP Shopify Inc. Class A | 0.23% | 40,855 | $4.7M | Reduce -6.7% |
| NSC Norfolk Southern Corp. | 0.23% | 14,630 | $4.6M | Reduce -2.5% |
| D Dominion Energy Inc. | 0.23% | 67,109 | $4.6M | Add +17.1% |
| PM Philip Morris International | 0.22% | 23,892 | $4.3M | Reduce -0.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.22% | 8,623 | $4.3M | Add +4.0% |
| SBUX Starbucks Corp. | 0.21% | 41,255 | $4.2M | Reduce -11.7% |
| XLV SS Health Care Select Sector | 0.21% | 26,202 | $4.2M | Reduce -4.1% |
| BLK BlackRock Inc. | 0.21% | 4,266 | $4.1M | Reduce -23.4% |
| MDY State Street SPDR S&P Midcap | 0.21% | 5,810 | $4.1M | No change |
| MTH Meritage Homes Corp. | 0.20% | 47,395 | $4.0M | Add +0.6% |
| MATX Matson Inc. | 0.20% | 20,406 | $3.9M | No change |
| EG Everest Group Ltd. | 0.20% | 10,906 | $3.9M | Add +11.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.19% | 47,916 | $3.9M | Add +2.4% |
| ANGX Angel Studios Inc. | 0.18% | 959,485 | $3.5M | Reduce -9.8% |
| APD Air Products & Chemicals Inc. | 0.18% | 11,922 | $3.5M | Reduce -8.3% |
| BILL Bill Holdings Inc. | 0.18% | 96,498 | $3.5M | Reduce -0.2% |
| RTX RTX Corp. | 0.17% | 17,779 | $3.4M | Reduce -1.4% |
| SCHW Schwab (charles) Corp. | 0.17% | 36,204 | $3.3M | Reduce -8.5% |
| EWX State Street SPDR S&P Emergi | 0.16% | 43,898 | $3.3M | Add +0.1% |
| PGR Progressive Corp. | 0.16% | 14,837 | $3.2M | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 8,681 | $3.2M | Add +2.8% |
| TBF Proshares Short 20+ Treasury | 0.16% | 131,300 | $3.2M | Add +5.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.16% | 32,888 | $3.2M | Reduce -10.5% |
| LEN Lennar Corp. Class A | 0.16% | 34,397 | $3.1M | Add +20.1% |
| IEMG iShares Core MSCI Emerging | 0.16% | 37,419 | $3.1M | Reduce -10.2% |
| UPBD Upbound Group Inc. | 0.15% | 144,609 | $3.1M | No change |
| FAST Fastenal Co. | 0.15% | 61,083 | $2.9M | Reduce -0.1% |
| REGN Regeneron Pharmaceuticals | 0.14% | 4,417 | $2.8M | Add +17.7% |
| EWO iShares MSCI Austria ETF | 0.14% | 64,776 | $2.7M | Add +1.4% |
| MA Mastercard Inc. Class A | 0.14% | 5,330 | $2.7M | Reduce -8.9% |
| RSG Republic Services Inc. | 0.14% | 12,825 | $2.7M | Add +812.8% |
| RNR Renaissancere Holdings Ltd. | 0.13% | 8,370 | $2.7M | Add +0.2% |
| SEIC Sei Investments Company | 0.13% | 30,232 | $2.7M | Add +2.1% |
| VGSH Vanguard Short-Term Treasury | 0.13% | 45,210 | $2.6M | Add +106.7% |
| GREK Global X MSCI Greece ETF | 0.13% | 34,729 | $2.6M | Reduce -0.2% |
| LOW Lowe's Cos Inc. | 0.13% | 11,823 | $2.6M | Reduce -5.5% |
| EAGL Eagle Capital Select Eqty | 0.13% | 78,643 | $2.5M | Add +0.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.13% | 24,511 | $2.5M | New |
| MO Altria Group Inc. | 0.12% | 33,956 | $2.4M | Reduce -4.3% |
| IJR iShares Core S&P Small-Cap E | 0.12% | 16,443 | $2.4M | Reduce -45.2% |
| PXH Inves Rafi Emer MRKT-Usd Inc. | 0.12% | 87,307 | $2.4M | Add +0.0% |
| CRM Salesforce Inc. | 0.12% | 15,432 | $2.4M | Reduce -9.4% |
| ADSK Autodesk Inc. | 0.12% | 12,318 | $2.4M | Reduce -3.4% |
Portfolio Sells Q1 2026 → Q2 2026
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -30.3% | 1.38% | −0.54 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -26.6% | 0.79% | −0.22 |
| IBIT iShares Bitcoin Trust ETF | Reduce -71.4% | 0.06% | −0.21 |
| AMZN Amazon.com Inc. | Reduce -21.6% | 1.00% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -28.8% | 0.82% | −0.18 |
| NFLX Netflix Inc. | Reduce -4.1% | 0.33% | −0.17 |
| MSFT Microsoft Corp. | Reduce -6.6% | 1.11% | −0.16 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -71.1% | 0.08% | −0.13 |
| CVX Chevron Corp. | Reduce -10.8% | 0.26% | −0.13 |
| AVGO Broadcom Inc. | Reduce -62.5% | 0.10% | −0.13 |
| GOOG Alphabet Inc. Class C | Reduce -24.4% | 0.82% | −0.13 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.11 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.09 |
| GLD SPDR Gold Shares | Reduce -0.4% | 0.33% | −0.09 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -71.0% | 0.05% | −0.09 |
| BLK BlackRock Inc. | Reduce -23.4% | 0.21% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -48.9% | 0.09% | −0.08 |
| IJR iShares Core S&P Small-Cap E | Reduce -45.2% | 0.12% | −0.08 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -11.0% | 0.25% | −0.07 |
| SILJ Amplify Junior Silver Miners | Sold out | 0.00% | −0.07 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.07 |
| AGI Alamos Gold Inc. Class A | Sold out | 0.00% | −0.07 |
| HON Honeywell International Inc. | Reduce -58.1% | 0.02% | −0.07 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.06 |
| TEL Te Connectivity PLC | Reduce -30.5% | 0.10% | −0.06 |
| VTIP Vanguard Short-Term Tips | Reduce -4.0% | 0.51% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -70.7% | 0.02% | −0.06 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.06 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.05 |
| NOC Northrop Grumman Corp. | Reduce -2.2% | 0.11% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.2% | 0.28% | −0.05 |
| CRM Salesforce Inc. | Reduce -9.4% | 0.12% | −0.05 |
| SHOP Shopify Inc. Class A | Reduce -6.7% | 0.23% | −0.05 |
| ADSK Autodesk Inc. | Reduce -3.4% | 0.12% | −0.05 |
| CASY Casey's General Stores Inc. | Reduce -56.6% | 0.03% | −0.04 |
| MCD McDonald's Corp. | Reduce -46.9% | 0.03% | −0.04 |
| PLTR Palantir Technologies Inc. Class A | Reduce -8.3% | 0.09% | −0.04 |
| LSGR Natixis Loomis Focused Grwth | Sold out | 0.00% | −0.04 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.04 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -44.2% | 0.05% | −0.04 |
| CDE Coeur Mining Inc. | Sold out | 0.00% | −0.04 |
| ORCL Oracle Corp. | Reduce -3.9% | 0.29% | −0.04 |
| SO The Southern Co. | Sold out | 0.00% | −0.04 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -75.9% | 0.01% | −0.04 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.03 |
| TGT Target Corp. | Sold out | 0.00% | −0.03 |
| SOXX iShares Semiconductor ETF | Reduce -80.2% | 0.02% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -8.5% | 0.17% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| VOO Vanguard S&P 500 ETF | Add +4.0% | 6.82% | +0.66 |
| RNIN Bushido Cap Smid C Eqty ETF | Add +0.6% | 7.88% | +0.24 |
| ACWI iShares MSCI Acwi ETF | Add +15.6% | 1.24% | +0.22 |
| GLW Corning Inc. | Add +8.9% | 0.46% | +0.22 |
| VEA Vanguard Ftse Developed ETF | Add +2.0% | 3.86% | +0.19 |
| XLK SS Technology Select Sector | Add +0.1% | 0.75% | +0.19 |
| RSP Invesco S&P 500 Equal Weight | Add +10.0% | 1.58% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.9% | 0.34% | +0.16 |
| EYLD Cambria Emerg Shrhldr Yield | Add +11.7% | 1.11% | +0.13 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.13% | +0.13 |
| RSG Republic Services Inc. | Add +812.8% | 0.14% | +0.12 |
| GVI iShares Intermediate Governm | Add +34.9% | 0.58% | +0.11 |
| FBTC Fidelity Wise Origin Bitcoin | Add +117.0% | 0.25% | +0.10 |
| VFLO Victoryshares Free Cash Flow | Add +0.6% | 1.26% | +0.09 |
| INTC Intel Corp. | Add +0.7% | 0.11% | +0.07 |
| MNST Monster Beverage Corp. | Add +5.0% | 0.29% | +0.07 |
| VGSH Vanguard Short-Term Treasury | Add +106.7% | 0.13% | +0.06 |
| CMI Cummins Inc. | Add +6.3% | 0.24% | +0.06 |
| MU Micron Technology Inc. | New | 0.05% | +0.05 |
| MRVL Marvell Technology Inc. | Add +0.6% | 0.08% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +0.4% | 0.79% | +0.05 |
| SPCX Space Exploration Techn Class A | New | 0.04% | +0.04 |
| MTH Meritage Homes Corp. | Add +0.6% | 0.20% | +0.04 |
| MELI MercadoLibre Inc. | New | 0.04% | +0.04 |
| D Dominion Energy Inc. | Add +17.1% | 0.23% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | Add +48.6% | 0.10% | +0.04 |
| HOOD Robinhood Markets Inc. Class A | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | Add +6.7% | 0.05% | +0.03 |
| HQY Healthequity Inc. | New | 0.03% | +0.03 |
| IWD iShares Russell 1000 Value E | Add +0.9% | 0.42% | +0.02 |
| HLI Houlihan Lokey Inc. | New | 0.02% | +0.02 |
| EG Everest Group Ltd. | Add +11.8% | 0.20% | +0.02 |
| ABCB Ameris Bancorp | New | 0.02% | +0.02 |
| BA The Boeing Co. | Add +5.0% | 0.40% | +0.02 |
| LEN Lennar Corp. Class A | Add +20.1% | 0.16% | +0.02 |
| ARMK Aramark | Add +0.7% | 0.08% | +0.02 |
| NSIT Insight Enterprises Inc. | Add +5.7% | 0.04% | +0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.9% | 0.09% | +0.02 |
| EWO iShares MSCI Austria ETF | Add +1.4% | 0.14% | +0.01 |
| EEM iShares MSCI Emerging Market | New | 0.01% | +0.01 |
| AIQ Global X Art Intel & Tech | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.8% | 0.16% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +4.0% | 0.22% | +0.01 |
| KLAC KLA Corp. | Add +1.6% | 0.03% | +0.01 |
| ORLY O'reilly Automotive Inc. | New | 0.01% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.01% | +0.01 |
| WDC Western Digital Corp. | New | 0.01% | +0.01 |
| Q Qnity Electronics Inc. | New | 0.01% | +0.01 |
| DVN Devon Energy Corp. | New | 0.01% | +0.01 |
| SNDK Sandisk Corp. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 346 | $2.0B | SMRI, RNIN, VOO, VEA, VWO |
| Q1 2026 | 369 | $1.8B | SMRI, RNIN, VOO, VEA, VWO |
| Q4 2025 | 362 | $1.8B | SMRI, RNIN, VOO, VEA, VWO |
| Q3 2025 | 312 | $1.7B | SMRI, RNIN, VOO, VEA, VTV |
| Q2 2025 | 274 | $1.4B | SMRI, RNIN, VOO, VEA, ABBV |
| Q1 2025 | 287 | $1.3B | SMRI, VOO, VEA, ABBV, VTV |
| Q4 2024 | 291 | $1.2B | SMRI, VOO, VEA, BILL, VTV |
| Q3 2024 | 295 | $1.3B | SMRI, VOO, VEA, ABBV, VTV |
| Q2 2024 | 276 | $1.1B | SMRI, VOO, VEA, VTV, MSFT |
| Q1 2024 | 284 | $1.2B | SMRI, VOO, VEA, VTV, ABBV |