Sepio Capital, LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 15, 2024), Sepio Capital, LP reported 276 stock positions worth $1.1 billion. Its top holding was Bushido Cap US Equity ETF (SMRI) at 13.3% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 7.6%) and Vanguard Ftse Developed ETF (VEA, 5.3%). Compared with Q1 2024, it opened 6 new positions, sold out of 14, added to 62 and reduced 168. The biggest buy was Pacer Developed Markets Inte (ICOW, shares +40%) and the biggest sale Bushido Cap US Equity ETF (SMRI, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- Salt Lake City, UT
- CIK
- 0001751412
- Portfolio Value
- $1.1B (Q2 2024)
- SEC Filing
- 0001172661-24-003589 ↗ filed Aug 15, 2024
Holdings Value
Holdings 276 stocks · $1.1B
| SMRI Bushido Cap US Equity ETF | 13.35% | 5,131,259 | $145.6M | Reduce -16.6% |
| VOO Vanguard S&P 500 ETF | 7.63% | 166,196 | $83.2M | Reduce -1.2% |
| VEA Vanguard Ftse Developed ETF | 5.26% | 1,161,427 | $57.4M | Add +1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.57% | 242,516 | $38.9M | Reduce -1.9% |
| MSFT Microsoft Corp. | 2.21% | 53,825 | $24.1M | Reduce -3.7% |
| VWO Vanguard Ftse Emerging Marke | 2.16% | 539,285 | $23.6M | Add +1.5% |
| ABBV Abbvie Inc. | 2.10% | 133,252 | $22.9M | Reduce -17.4% |
| ICOW Pacer Developed Markets Inte | 2.08% | 748,512 | $22.7M | Add +40.0% |
| ABT Abbott Laboratories | 2.02% | 211,699 | $22.0M | Add +4.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.01% | 119,975 | $21.9M | Add +4.0% |
| NVDA Nvidia Corp. | 1.85% | 163,145 | $20.2M | Reduce -27.5% |
| AAPL Apple Inc. | 1.58% | 81,955 | $17.3M | Reduce -16.7% |
| AMZN Amazon.com Inc. | 1.55% | 87,656 | $16.9M | Reduce -7.2% |
| META Meta Platforms Inc. Class A | 1.54% | 33,376 | $16.8M | Reduce -5.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.51% | 30,314 | $16.5M | Reduce -22.6% |
| COWZ Pacer US Cash Cows 100 ETF | 1.38% | 275,855 | $15.0M | Reduce -19.9% |
| XLK SS Technology Select Sector | 1.24% | 59,850 | $13.5M | Reduce -2.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.23% | 89,095 | $13.4M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 1.17% | 70,000 | $12.8M | Reduce -0.6% |
| ACWI iShares MSCI Acwi ETF | 1.17% | 113,079 | $12.7M | Add +26.1% |
| TSLA Tesla Inc. | 1.05% | 57,907 | $11.5M | Add +19.9% |
| GOOG Alphabet Inc. Class C | 1.02% | 60,667 | $11.1M | Reduce -20.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.86% | 38,833 | $9.4M | Add +1.7% |
| V Visa Inc. Class A | 0.79% | 32,803 | $8.6M | Reduce -0.5% |
| RSP Invesco S&P 500 Equal Weight | 0.76% | 50,130 | $8.2M | Add +7.6% |
| IWB iShares Russell 1000 ETF | 0.73% | 26,755 | $8.0M | No change |
| NFLX Netflix Inc. | 0.64% | 10,424 | $7.0M | Reduce -0.8% |
| BA The Boeing Co. | 0.62% | 37,181 | $6.8M | Add +5.6% |
| IVE iShares S&P 500 Value ETF | 0.59% | 35,184 | $6.4M | Reduce -44.0% |
| IJS iShares S&P Small-Cap 600 Va | 0.59% | 65,614 | $6.4M | Reduce -13.4% |
| XLV SS Health Care Select Sector | 0.58% | 43,374 | $6.3M | Reduce -4.2% |
| ORCL Oracle Corp. | 0.55% | 42,593 | $6.0M | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.55% | 34,373 | $6.0M | No change |
| EFA iShares MSCI Eafe ETF | 0.51% | 70,933 | $5.6M | Reduce -3.1% |
| BILL Bill Holdings Inc. | 0.49% | 102,473 | $5.4M | No change |
| VTIP Vanguard Short-Term Tips | 0.47% | 106,165 | $5.2M | Add +6.3% |
| APD Air Products & Chemicals Inc. | 0.47% | 19,793 | $5.1M | Reduce -13.0% |
| GVI iShares Intermediate Governm | 0.46% | 48,044 | $5.0M | Add +69.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 11,912 | $4.8M | Reduce -10.2% |
| COST Costco Wholesale Corp. | 0.43% | 5,579 | $4.7M | Reduce -1.0% |
| TXN Texas Instruments Inc. | 0.42% | 23,828 | $4.6M | Reduce -12.6% |
| CVX Chevron Corp. | 0.42% | 29,436 | $4.6M | Reduce -8.8% |
| BLK BlackRock Finance Inc. | 0.41% | 5,618 | $4.4M | Reduce -11.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 42,599 | $4.2M | Reduce -1.3% |
| SBUX Starbucks Corp. | 0.39% | 54,255 | $4.2M | Reduce -0.2% |
| HMOP Hartford Municipal Opp ETF | 0.39% | 108,550 | $4.2M | Add +21.2% |
| PM Philip Morris International | 0.37% | 39,782 | $4.0M | Reduce -2.3% |
| CRM Salesforce Inc. | 0.37% | 15,593 | $4.0M | Reduce -0.2% |
| QCOM Qualcomm Inc. | 0.36% | 19,662 | $3.9M | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.35% | 26,205 | $3.8M | Reduce -10.7% |
| GLD SPDR Gold Shares | 0.34% | 17,210 | $3.7M | Add +0.2% |
| SCHW Schwab (charles) Corp. | 0.34% | 49,786 | $3.7M | Reduce -12.7% |
| PGR Progressive Corp. | 0.33% | 17,484 | $3.6M | Reduce -11.9% |
| LOW Lowe's Cos Inc. | 0.33% | 16,404 | $3.6M | Reduce -12.0% |
| MRK Merck & Co. Inc. | 0.33% | 28,888 | $3.6M | Reduce -12.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.33% | 71,126 | $3.6M | Add +0.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.32% | 9,009 | $3.5M | Add +13.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.31% | 7,119 | $3.4M | Reduce -10.9% |
| MDY State Street SPDR S&P Midcap | 0.31% | 6,300 | $3.4M | No change |
| SYY Sysco Corp. | 0.31% | 47,144 | $3.4M | Add +41.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.30% | 7,095 | $3.3M | Reduce -0.6% |
| MNST Monster Beverage Corp. | 0.30% | 66,160 | $3.3M | Reduce -0.5% |
| IAU iShares Gold Trust | 0.30% | 75,188 | $3.3M | Add +0.1% |
| NSC Norfolk Southern Corp. | 0.30% | 15,199 | $3.3M | Reduce -11.6% |
| IMVP Invesco India Exchange-Trade | 0.30% | 111,394 | $3.3M | New |
| EPOL iShares MSCI Poland ETF | 0.30% | 131,998 | $3.2M | Reduce -7.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 14,844 | $3.2M | Add +1.9% |
| ADSK Autodesk Inc. | 0.29% | 12,963 | $3.2M | Reduce -0.4% |
| VFLO Victoryshares Free Cash Flow | 0.29% | 101,561 | $3.1M | Add +1030.6% |
| TBF Proshares Short 20+ Treasury | 0.29% | 131,400 | $3.1M | Reduce -0.1% |
| GREK Global X MSCI Greece ETF | 0.28% | 76,665 | $3.0M | Reduce -15.9% |
| FIS Fidelity National Info Serv | 0.28% | 40,333 | $3.0M | Reduce -12.9% |
| EWI iShares MSCI Italy ETF | 0.28% | 84,630 | $3.0M | Reduce -11.3% |
| MATX Matson Inc. | 0.28% | 23,151 | $3.0M | No change |
| RTX RTX Corp. | 0.27% | 29,543 | $3.0M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.27% | 5,822 | $3.0M | Add +0.3% |
| ICE Intercontinental Exchange Inc. | 0.27% | 21,539 | $2.9M | Reduce -1.3% |
| IWF iShares Russell 1000 Growth | 0.26% | 7,916 | $2.9M | Reduce -62.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.26% | 20,196 | $2.9M | Reduce -0.4% |
| SHOP Shopify Inc. Class A | 0.26% | 43,222 | $2.9M | Add +10.3% |
| CSL Carlisle Cos Inc. | 0.26% | 6,889 | $2.8M | Reduce -1.9% |
| NOC Northrop Grumman Corp. | 0.25% | 6,243 | $2.7M | Reduce -12.5% |
| REGN Regeneron Pharmaceuticals | 0.25% | 2,570 | $2.7M | Reduce -0.7% |
| UPS United Parcel Service Class B | 0.25% | 19,709 | $2.7M | Reduce -12.1% |
| PAYX Paychex Inc. | 0.24% | 22,512 | $2.7M | Reduce -12.0% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 24,498 | $2.6M | Add +0.4% |
| TUR iShares MSCI Turkey ETF | 0.24% | 61,851 | $2.6M | New |
| CSCO Cisco Systems Inc. | 0.24% | 54,417 | $2.6M | Reduce -11.5% |
| SEIC Sei Investments Company | 0.24% | 39,887 | $2.6M | Reduce -0.9% |
| DEO Diageo PLC-Sponsored ADR | 0.24% | 20,407 | $2.6M | Reduce -1.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.23% | 32,440 | $2.5M | Reduce -1.8% |
| FAST Fastenal Co. | 0.23% | 39,395 | $2.5M | Reduce -17.3% |
| EWX State Street SPDR S&P Emergi | 0.23% | 42,698 | $2.5M | Reduce -1.0% |
| NVR NVR Inc. | 0.23% | 325 | $2.5M | No change |
| COIN Coinbase Global Inc. Class A | 0.22% | 10,716 | $2.4M | Add +6.5% |
| CERS Cerus Corp. | 0.22% | 1,347,500 | $2.4M | No change |
| IEMG iShares Core MSCI Emerging | 0.22% | 43,916 | $2.4M | Reduce -0.3% |
| XLP SS Consumer Staples Sel Sect | 0.21% | 30,470 | $2.3M | Reduce -0.9% |
| MO Altria Group Inc. | 0.21% | 49,403 | $2.3M | Reduce -2.0% |
| IWM iShares Russell 2000 ETF | 0.20% | 10,996 | $2.2M | No change |
Portfolio Sells Q1 2024 → Q2 2024
| SMRI Bushido Cap US Equity ETF | Reduce -16.6% | 13.35% | −2.33 |
| ABBV Abbvie Inc. | Reduce -17.4% | 2.10% | −0.42 |
| IVE iShares S&P 500 Value ETF | Reduce -44.0% | 0.59% | −0.42 |
| MACK Merrimack Pharmaceuticals Inc. | Sold out | 0.00% | −0.38 |
| IWF iShares Russell 1000 Growth | Reduce -62.6% | 0.26% | −0.35 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -19.9% | 1.38% | −0.34 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −0.30 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -22.6% | 1.51% | −0.24 |
| EWP iShares MSCI Spain ETF | Reduce -65.6% | 0.10% | −0.19 |
| EDEN iShares MSCI Denmark ETF | Sold out | 0.00% | −0.12 |
| IVV iShares Core S&P 500 ETF | Reduce -46.3% | 0.17% | −0.12 |
| FAST Fastenal Co. | Reduce -17.3% | 0.23% | −0.09 |
| HXL Hexcel Corp. | Sold out | 0.00% | −0.09 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -13.4% | 0.59% | −0.08 |
| NSC Norfolk Southern Corp. | Reduce -11.6% | 0.30% | −0.08 |
| LOW Lowe's Cos Inc. | Reduce -12.0% | 0.33% | −0.08 |
| DIS The Walt Disney Co. | Reduce -1.3% | 0.39% | −0.07 |
| ISHARES 25+ YR TREAS STRIPS | Reduce -63.3% | 0.03% | −0.05 |
| JNJ Johnson & Johnson | Reduce -10.7% | 0.35% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -12.6% | 0.33% | −0.05 |
| BLK BlackRock Finance Inc. | Reduce -11.0% | 0.41% | −0.05 |
| CVS CVS Health Corp. | Reduce -59.6% | 0.02% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -12.5% | 0.25% | −0.04 |
| SBUX Starbucks Corp. | Reduce -0.2% | 0.39% | −0.04 |
| UPS United Parcel Service Class B | Reduce -12.1% | 0.25% | −0.04 |
| CRM Salesforce Inc. | Reduce -0.2% | 0.37% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -40.4% | 0.07% | −0.04 |
| MNST Monster Beverage Corp. | Reduce -0.5% | 0.30% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -10.2% | 0.44% | −0.03 |
| GREK Global X MSCI Greece ETF | Reduce -15.9% | 0.28% | −0.03 |
| XYZ Block Inc. | Reduce -3.0% | 0.12% | −0.03 |
| EWI iShares MSCI Italy ETF | Reduce -11.3% | 0.28% | −0.03 |
| EIRL iShares MSCI Ireland ETF | Reduce -22.4% | 0.10% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -10.8% | 0.19% | −0.03 |
| CCI Crown Castle Inc. | Reduce -12.4% | 0.19% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Reduce -1.2% | 0.24% | −0.03 |
| CPNG Coupang Inc. | Reduce -40.0% | 0.08% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -11.5% | 0.24% | −0.03 |
| WEX Wex Inc. | Reduce -2.0% | 0.09% | −0.03 |
| PAYX Paychex Inc. | Reduce -12.0% | 0.24% | −0.02 |
| ILMN Illumina Inc. | Reduce -0.4% | 0.10% | −0.02 |
| CINF Cincinnati Financial Corp. | Reduce -12.1% | 0.19% | −0.02 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −0.02 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.02 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.02 |
| DFCF Dimensional Core Fixed Inc. | Sold out | 0.00% | −0.02 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.02 |
| SMLF iShares US Smallcap Equity F | Reduce -20.5% | 0.09% | −0.02 |
| PGR Progressive Corp. | Reduce -11.9% | 0.33% | −0.02 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| ICOW Pacer Developed Markets Inte | Add +40.0% | 2.08% | +0.62 |
| VEA Vanguard Ftse Developed ETF | Add +1.8% | 5.26% | +0.35 |
| TSLA Tesla Inc. | Add +19.9% | 1.05% | +0.32 |
| ACWI iShares MSCI Acwi ETF | Add +26.1% | 1.17% | +0.32 |
| IMVP Invesco India Exchange-Trade | New | 0.30% | +0.30 |
| VFLO Victoryshares Free Cash Flow | Add +1030.6% | 0.29% | +0.26 |
| VWO Vanguard Ftse Emerging Marke | Add +1.5% | 2.16% | +0.26 |
| TUR iShares MSCI Turkey ETF | New | 0.24% | +0.24 |
| GVI iShares Intermediate Governm | Add +69.9% | 0.46% | +0.20 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +4.0% | 2.01% | +0.11 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +13.7% | 0.32% | +0.10 |
| HMOP Hartford Municipal Opp ETF | Add +21.2% | 0.39% | +0.09 |
| RSP Invesco S&P 500 Equal Weight | Add +7.6% | 0.76% | +0.08 |
| SYY Sysco Corp. | Add +41.0% | 0.31% | +0.08 |
| VTIP Vanguard Short-Term Tips | Add +6.3% | 0.47% | +0.06 |
| QQQM Invesco Nasdaq 100 ETF | Add +83.7% | 0.10% | +0.05 |
| SSD Simpson Manufacturing Co. Inc. | New | 0.05% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.7% | 0.86% | +0.04 |
| CASY Casey's General Stores Inc. | Add +11.4% | 0.13% | +0.04 |
| ABT Abbott Laboratories | Add +4.4% | 2.02% | +0.04 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.2% | 1.23% | +0.04 |
| BA The Boeing Co. | Add +5.6% | 0.62% | +0.04 |
| GLD SPDR Gold Shares | Add +0.2% | 0.34% | +0.04 |
| IAU iShares Gold Trust | Add +0.1% | 0.30% | +0.03 |
| FBTC Fidelity Wise Origin Bitcoin | Add +36.0% | 0.17% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +0.3% | 0.27% | +0.03 |
| LKQ LKQ Corp. | Add +41.1% | 0.16% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Add +122.2% | 0.04% | +0.02 |
| CAVA Cava Group Inc. | New | 0.02% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +0.1% | 0.33% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +7.6% | 0.20% | +0.02 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | Add +0.0% | 0.16% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.4% | 0.15% | +0.02 |
| CME Cme Group Inc. | Add +26.3% | 0.08% | +0.01 |
| OKLO Oklo Inc. | New | 0.01% | +0.01 |
| ULTA Ulta Beauty Inc. | Add +72.7% | 0.05% | +0.01 |
| BAC Bank of America Corp. | Add +0.1% | 0.12% | +0.01 |
| XOM Exxon Mobil Corp. | Add +20.1% | 0.06% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.9% | 0.30% | +0.01 |
| KNSL Kinsale Capital Group Inc. | Add +68.0% | 0.04% | +0.01 |
| WMT Walmart Inc. | Add +0.2% | 0.05% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +0.4% | 0.24% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.7% | 0.11% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +2.4% | 0.10% | +0.01 |
| DKNG Draftkings Inc. Class A | Add +24.8% | 0.06% | +0.01 |
| CHH Choice Hotels Intl Inc. | Add +4.2% | 0.12% | +0.01 |
| RBLX Roblox Corp. Class A | Add +8.7% | 0.04% | +0.00 |
| DHR Danaher Corp. | Add +0.2% | 0.06% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +2.4% | 0.07% | +0.00 |
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 |