Sepio Capital, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Sepio Capital, LP reported 295 stock positions worth $1.3 billion. Its top holding was Bushido Cap US Equity ETF (SMRI) at 18.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 7.0%) and Vanguard Ftse Developed ETF (VEA, 4.7%). Compared with Q2 2024, it opened 26 new positions, sold out of 7, added to 92 and reduced 119. The biggest buy was Bushido Cap US Equity ETF (SMRI, shares +49%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Salt Lake City, UT
- CIK
- 0001751412
- Portfolio Value
- $1.3B (Q3 2024)
- SEC Filing
- 0001172661-24-004969 ↗ filed Nov 14, 2024
Holdings Value
Holdings 295 stocks · $1.3B
| SMRI Bushido Cap US Equity ETF | 18.15% | 7,621,858 | $233.1M | Add +48.5% |
| VOO Vanguard S&P 500 ETF | 6.99% | 170,038 | $89.7M | Add +2.3% |
| VEA Vanguard Ftse Developed ETF | 4.71% | 1,145,664 | $60.5M | Reduce -1.4% |
| ABBV Abbvie Inc. | 3.16% | 205,459 | $40.6M | Add +54.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.05% | 224,546 | $39.2M | Reduce -7.4% |
| VWO Vanguard Ftse Emerging Marke | 2.29% | 614,728 | $29.4M | Add +14.0% |
| NVDA Nvidia Corp. | 2.08% | 220,197 | $26.7M | Add +35.0% |
| ABT Abbott Laboratories | 2.04% | 229,697 | $26.2M | Add +8.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.95% | 124,639 | $25.0M | Add +3.9% |
| ICOW Pacer Developed Markets Inte | 1.90% | 771,594 | $24.4M | Add +3.1% |
| MSFT Microsoft Corp. | 1.82% | 54,362 | $23.4M | Add +1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.70% | 38,032 | $21.8M | Add +25.5% |
| META Meta Platforms Inc. Class A | 1.49% | 33,327 | $19.1M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 1.36% | 93,992 | $17.5M | Add +7.2% |
| AAPL Apple Inc. | 1.25% | 69,125 | $16.1M | Reduce -15.7% |
| TSLA Tesla Inc. | 1.17% | 57,560 | $15.1M | Reduce -0.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.16% | 89,171 | $15.0M | Add +0.1% |
| ACWI iShares MSCI Acwi ETF | 1.16% | 124,248 | $14.9M | Add +9.9% |
| XLK SS Technology Select Sector | 1.02% | 57,965 | $13.1M | Reduce -3.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.93% | 205,816 | $11.9M | Reduce -25.4% |
| GOOGL Alphabet Inc. Class A | 0.91% | 70,688 | $11.7M | Add +1.0% |
| GOOG Alphabet Inc. Class C | 0.89% | 68,283 | $11.4M | Add +12.6% |
| RSP Invesco S&P 500 Equal Weight | 0.89% | 63,666 | $11.4M | Add +27.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.84% | 40,887 | $10.8M | Add +5.3% |
| IWB iShares Russell 1000 ETF | 0.65% | 26,755 | $8.4M | No change |
| V Visa Inc. Class A | 0.65% | 30,509 | $8.4M | Reduce -7.0% |
| IWF iShares Russell 1000 Growth | 0.62% | 21,186 | $8.0M | Add +167.6% |
| NFLX Netflix Inc. | 0.57% | 10,313 | $7.3M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.56% | 42,253 | $7.2M | Reduce -0.8% |
| IVE iShares S&P 500 Value ETF | 0.54% | 35,184 | $6.9M | No change |
| IJS iShares S&P Small-Cap 600 Va | 0.53% | 63,034 | $6.8M | Reduce -3.9% |
| IWD iShares Russell 1000 Value E | 0.51% | 34,373 | $6.5M | No change |
| GVI iShares Intermediate Governm | 0.49% | 59,042 | $6.3M | Add +22.9% |
| XLV SS Health Care Select Sector | 0.49% | 40,926 | $6.3M | Reduce -5.6% |
| EFA iShares MSCI Eafe ETF | 0.46% | 71,283 | $6.0M | Add +0.5% |
| VFLO Victoryshares Free Cash Flow | 0.45% | 174,324 | $5.8M | Add +71.6% |
| APD Air Products & Chemicals Inc. | 0.43% | 18,745 | $5.6M | Reduce -5.3% |
| BA The Boeing Co. | 0.43% | 36,067 | $5.5M | Reduce -3.0% |
| BILL Bill Holdings Inc. | 0.42% | 102,468 | $5.4M | Reduce 0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 11,625 | $5.4M | Reduce -2.4% |
| VTIP Vanguard Short-Term Tips | 0.41% | 106,263 | $5.2M | Add +0.1% |
| BLK BlackRock Finance Inc. | 0.40% | 5,393 | $5.1M | Reduce -4.0% |
| SBUX Starbucks Corp. | 0.40% | 52,388 | $5.1M | Reduce -3.4% |
| COST Costco Wholesale Corp. | 0.37% | 5,340 | $4.7M | Reduce -4.3% |
| TXN Texas Instruments Inc. | 0.36% | 22,684 | $4.7M | Reduce -4.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.36% | 90,259 | $4.6M | Add +26.9% |
| PM Philip Morris International | 0.36% | 37,720 | $4.6M | Reduce -5.2% |
| CRM Salesforce Inc. | 0.34% | 15,807 | $4.3M | Add +1.4% |
| PGR Progressive Corp. | 0.33% | 16,902 | $4.3M | Reduce -3.3% |
| HMOP Hartford Municipal Opp ETF | 0.33% | 107,858 | $4.2M | Reduce -0.6% |
| LOW Lowe's Cos Inc. | 0.33% | 15,532 | $4.2M | Reduce -5.3% |
| CVX Chevron Corp. | 0.33% | 28,436 | $4.2M | Reduce -3.4% |
| GLD SPDR Gold Shares | 0.32% | 16,896 | $4.1M | Reduce -1.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 42,270 | $4.1M | Reduce -0.8% |
| JNJ Johnson & Johnson | 0.32% | 25,060 | $4.1M | Reduce -4.4% |
| IVV iShares Core S&P 500 ETF | 0.29% | 6,553 | $3.8M | Add +90.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.29% | 7,658 | $3.7M | Add +7.6% |
| IAU iShares Gold Trust | 0.29% | 75,188 | $3.7M | No change |
| MNST Monster Beverage Corp. | 0.28% | 70,158 | $3.7M | Add +6.0% |
| MDY State Street SPDR S&P Midcap | 0.28% | 6,300 | $3.6M | No change |
| NSC Norfolk Southern Corp. | 0.28% | 14,378 | $3.6M | Reduce -5.4% |
| UNH Unitedhealth Group Inc. | 0.28% | 6,068 | $3.5M | Add +4.2% |
| ADSK Autodesk Inc. | 0.28% | 12,832 | $3.5M | Reduce -1.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 14,775 | $3.5M | Reduce -0.5% |
| RTX RTX Corp. | 0.27% | 28,794 | $3.5M | Reduce -2.5% |
| SHOP Shopify Inc. Class A | 0.27% | 42,586 | $3.4M | Reduce -1.5% |
| QCOM Qualcomm Inc. | 0.26% | 19,588 | $3.3M | Reduce -0.4% |
| IMVP Invesco India Exchange-Trade | 0.26% | 108,249 | $3.3M | Reduce -2.8% |
| GREK Global X MSCI Greece ETF | 0.26% | 76,611 | $3.3M | Reduce -0.1% |
| MATX Matson Inc. | 0.26% | 23,151 | $3.3M | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 7,031 | $3.3M | Reduce -0.9% |
| EPOL iShares MSCI Poland ETF | 0.25% | 133,052 | $3.2M | Add +0.8% |
| FIS Fidelity National Info Serv | 0.25% | 38,095 | $3.2M | Reduce -5.5% |
| NVR NVR Inc. | 0.25% | 325 | $3.2M | No change |
| CSL Carlisle Cos Inc. | 0.25% | 7,082 | $3.2M | Add +2.8% |
| SCHW Schwab (charles) Corp. | 0.25% | 48,800 | $3.2M | Reduce -2.0% |
| NOC Northrop Grumman Corp. | 0.24% | 5,931 | $3.1M | Reduce -5.0% |
| MRK Merck & Co. Inc. | 0.24% | 27,577 | $3.1M | Reduce -4.5% |
| ICE Intercontinental Exchange Inc. | 0.23% | 18,458 | $3.0M | Reduce -14.3% |
| TBF Proshares Short 20+ Treasury | 0.23% | 131,400 | $2.9M | No change |
| IJR iShares Core S&P Small-Cap E | 0.22% | 24,659 | $2.9M | Add +0.7% |
| PAYX Paychex Inc. | 0.22% | 21,260 | $2.9M | Reduce -5.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.21% | 48,657 | $2.8M | No change |
| DEO Diageo PLC-Sponsored ADR | 0.21% | 19,564 | $2.7M | Reduce -4.1% |
| SEIC Sei Investments Company | 0.21% | 39,642 | $2.7M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.21% | 51,513 | $2.7M | Reduce -5.3% |
| REGN Regeneron Pharmaceuticals | 0.21% | 2,551 | $2.7M | Reduce -0.7% |
| FAST Fastenal Co. | 0.21% | 37,303 | $2.7M | Reduce -5.3% |
| EWX State Street SPDR S&P Emergi | 0.21% | 42,698 | $2.7M | No change |
| SYY Sysco Corp. | 0.21% | 34,104 | $2.7M | Reduce -27.7% |
| UPS United Parcel Service Class B | 0.20% | 18,684 | $2.5M | Reduce -5.2% |
| MA Mastercard Inc. Class A | 0.20% | 5,079 | $2.5M | Add +6.0% |
| IEMG iShares Core MSCI Emerging | 0.19% | 42,967 | $2.5M | Reduce -2.2% |
| IWM iShares Russell 2000 ETF | 0.19% | 10,996 | $2.4M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 3,906 | $2.4M | Reduce -1.9% |
| MO Altria Group Inc. | 0.19% | 47,090 | $2.4M | Reduce -4.7% |
| XLP SS Consumer Staples Sel Sect | 0.19% | 28,769 | $2.4M | Reduce -5.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.19% | 20,042 | $2.4M | Reduce -0.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 8,372 | $2.3M | Reduce -7.1% |
| CCI Crown Castle Inc. | 0.18% | 19,627 | $2.3M | Reduce -5.4% |
Portfolio Sells Q2 2024 → Q3 2024
| VEA Vanguard Ftse Developed ETF | Reduce -1.4% | 4.71% | −0.55 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -7.4% | 3.05% | −0.51 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -25.4% | 0.93% | −0.45 |
| AAPL Apple Inc. | Reduce -15.7% | 1.25% | −0.33 |
| XLK SS Technology Select Sector | Reduce -3.1% | 1.02% | −0.22 |
| BA The Boeing Co. | Reduce -3.0% | 0.43% | −0.19 |
| VZ Verizon Communications Inc. | Reduce -87.4% | 0.02% | −0.16 |
| TUR iShares MSCI Turkey ETF | Reduce -47.2% | 0.09% | −0.15 |
| V Visa Inc. Class A | Reduce -7.0% | 0.65% | −0.14 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -7.1% | 0.18% | −0.14 |
| EWI iShares MSCI Italy ETF | Reduce -36.8% | 0.16% | −0.12 |
| EWP iShares MSCI Spain ETF | Sold out | 0.00% | −0.10 |
| SYY Sysco Corp. | Reduce -27.7% | 0.21% | −0.10 |
| QCOM Qualcomm Inc. | Reduce -0.4% | 0.26% | −0.10 |
| CVX Chevron Corp. | Reduce -3.4% | 0.33% | −0.10 |
| SCHW Schwab (charles) Corp. | Reduce -2.0% | 0.25% | −0.09 |
| XLV SS Health Care Select Sector | Reduce -5.6% | 0.49% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -4.5% | 0.24% | −0.08 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.8% | 0.19% | −0.08 |
| NFLX Netflix Inc. | Reduce -1.1% | 0.57% | −0.08 |
| BILL Bill Holdings Inc. | Reduce 0.0% | 0.42% | −0.07 |
| DIS The Walt Disney Co. | Reduce -0.8% | 0.32% | −0.07 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.07 |
| AGCO Agco Corp. | Sold out | 0.00% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -4.3% | 0.37% | −0.07 |
| CERS Cerus Corp. | Reduce -14.8% | 0.16% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -4.8% | 0.36% | −0.06 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 1.49% | −0.06 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -3.9% | 0.53% | −0.06 |
| HMOP Hartford Municipal Opp ETF | Reduce -0.6% | 0.33% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.9% | 0.25% | −0.05 |
| UPS United Parcel Service Class B | Reduce -5.2% | 0.20% | −0.05 |
| IMVP Invesco India Exchange-Trade | Reduce -2.8% | 0.26% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -14.3% | 0.23% | −0.04 |
| REGN Regeneron Pharmaceuticals | Reduce -0.7% | 0.21% | −0.04 |
| BRO Brown & Brown Inc. | Reduce -19.8% | 0.13% | −0.04 |
| JNJ Johnson & Johnson | Reduce -4.4% | 0.32% | −0.03 |
| APD Air Products & Chemicals Inc. | Reduce -5.3% | 0.43% | −0.03 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.03 |
| FIS Fidelity National Info Serv | Reduce -5.5% | 0.25% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -5.6% | 0.19% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.4% | 0.42% | −0.03 |
| BR Broadridge Financial Solutio | Reduce -30.1% | 0.05% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -15.3% | 0.08% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -16.4% | 0.07% | −0.03 |
| GDDY GoDaddy Inc. Class A | Reduce -8.2% | 0.17% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.5% | 0.27% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -5.3% | 0.21% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -2.2% | 0.19% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| SMRI Bushido Cap US Equity ETF | Add +48.5% | 18.15% | +4.80 |
| ABBV Abbvie Inc. | Add +54.2% | 3.16% | +1.06 |
| IWF iShares Russell 1000 Growth | Add +167.6% | 0.62% | +0.35 |
| NVDA Nvidia Corp. | Add +35.0% | 2.08% | +0.23 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.5% | 1.70% | +0.19 |
| VFLO Victoryshares Free Cash Flow | Add +71.6% | 0.45% | +0.16 |
| TEL Te Connectivity PLC | New | 0.14% | +0.14 |
| NKE Nike Inc. Class B | New | 0.14% | +0.14 |
| RSP Invesco S&P 500 Equal Weight | Add +27.0% | 0.89% | +0.13 |
| VWO Vanguard Ftse Emerging Marke | Add +14.0% | 2.29% | +0.13 |
| IVV iShares Core S&P 500 ETF | Add +90.5% | 0.29% | +0.12 |
| EWN iShares MSCI Netherlands ETF | New | 0.11% | +0.11 |
| EWD iShares MSCI Sweden ETF | New | 0.09% | +0.09 |
| EDEN iShares MSCI Denmark ETF | New | 0.09% | +0.09 |
| NCNO Ncino Inc. | Add +364.9% | 0.10% | +0.08 |
| CPNG Coupang Inc. | Add +84.1% | 0.15% | +0.07 |
| ETHE Grayscale Ethereum Staking E | New | 0.06% | +0.06 |
| DMBS Doubleline Mortgage ETF | New | 0.04% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.04% | +0.04 |
| ENSG The Ensign Group Inc. | New | 0.04% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +59.3% | 0.14% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | Add +36.9% | 0.18% | +0.04 |
| GVI iShares Intermediate Governm | Add +22.9% | 0.49% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +26.9% | 0.36% | +0.03 |
| MSTR Strategy Inc. | New | 0.03% | +0.03 |
| NSIT Insight Enterprises Inc. | New | 0.03% | +0.03 |
| AVY Avery Dennison Corp. | Add +58.4% | 0.09% | +0.02 |
| ABT Abbott Laboratories | Add +8.5% | 2.04% | +0.02 |
| CARR Carrier Global Corp. | New | 0.02% | +0.02 |
| AMD Advanced Micro Devices | New | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| DHI D.R. Horton Inc. | New | 0.02% | +0.02 |
| IEX Idex Corp. | Add +39.3% | 0.09% | +0.02 |
| ACGL Arch Capital Group Ltd. | New | 0.02% | +0.02 |
| BX Blackstone Inc. | New | 0.02% | +0.02 |
| IRM Iron Mountain Inc. | New | 0.02% | +0.02 |
| SCHD Schwab US DVD Equity ETF | New | 0.02% | +0.02 |
| ZM Zoom Communications Inc. | New | 0.02% | +0.02 |
| KMB Kimberly-Clark Corp. | New | 0.02% | +0.02 |
| ROST Ross Stores Inc. | New | 0.02% | +0.02 |
| TRMB Trimble Inc. | Add +19.2% | 0.13% | +0.01 |
| SNAP Snap Inc. Class A | New | 0.01% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +8.5% | 0.11% | +0.01 |
| GRAYSCALE ETHEREUM MINI TR E | New | 0.01% | +0.01 |
| UL Unilever PLC | Add +28.3% | 0.03% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +4.2% | 0.28% | +0.00 |
| IBM Intl Business Machines Corp. | Add +0.7% | 0.04% | +0.00 |
| CAVA Cava Group Inc. | Add +0.2% | 0.02% | +0.00 |
| KNSL Kinsale Capital Group Inc. | Add +3.1% | 0.04% | +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 |