Sepio Capital, LP
Long book
$1.84B
Q1 2026
Positions
369
Top-10 weight
53%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsSepio Capital, LP is a wealth-management firm allocating client money, running a $1.84B US long book across 369 positions.
The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: BUSHIDO CAP US EQUITY ETF, BUSHIDO CAP SMID C EQTY ETF, VANGUARD S&P 500 ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD FTSE EMERGING MARKE.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 3 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
+0.1%
Q2 2024
+7.2%
Q3 2024
+1.5%
Q4 2024
-3.1%
Q1 2025
+9.3%
Q2 2025
+7.3%
Q3 2025
+2.2%
Q4 2025
-2.5%
Q1 2026
+13.5%
Sector allocation
Technology 35%
Healthcare 13%
Industrials 13%
Consumer discretionary 11%
Financials 11%
Services media 7%
Other 2%
Consumer staples 2%
Long book by quarter
What does Sepio Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ABBV ABBVIE INC | Healthcare | 136.7K | $29.7M | 1.6% | +8.6% |
| NVDA NVIDIA CORP | Technology | 153.7K | $26.8M | 1.5% | -2.7% |
| MSFT MICROSOFT CORP | Technology | 63.4K | $23.5M | 1.3% | -2.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 106.6K | $22.2M | 1.2% | +10.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 198.2K | $20.4M | 1.1% | +22.1% |
| TSLA TESLA INC | Industrials | 52.9K | $19.7M | 1.1% | -0.7% |
| META META PLATFORMS INC-CLASS A | Technology | 32.8K | $18.7M | 1.0% | -9.2% |
| AAPL APPLE INC | Technology | 73.3K | $18.6M | 1.0% | -21.1% |
| GOOGL ALPHABET INC-CL A | Technology | 63.9K | $18.4M | 1.0% | -6.9% |
| GOOG ALPHABET INC-CL C | Technology | 61.0K | $17.5M | 1.0% | -1.6% |
| V VISA INC-CLASS A SHARES | Services media | 30.5K | $9.2M | 0.5% | -4.3% |
| NFLX NETFLIX INC | Services media | 94.6K | $9.1M | 0.5% | +4.3% |
| CVX CHEVRON CORP | Energy | 34.9K | $7.2M | 0.4% | -2.3% |
| BA BOEING CO/THE | Industrials | 34.7K | $6.9M | 0.4% | -6.3% |
| NET CLOUDFLARE INC - CLASS A | Technology | 30.0K | $6.2M | 0.3% | +0.3% |
| ORCL ORACLE CORP | Technology | 41.2K | $6.1M | 0.3% | +3.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.1K | $6.0M | 0.3% | -4.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 12.6K | $6.0M | 0.3% | +5.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 22.0K | $5.4M | 0.3% | -4.5% |
| BLK BLACKROCK INC | Financials | 5.6K | $5.4M | 0.3% | -3.2% |
| SHOP SHOPIFY INC - CLASS A | Technology | 43.8K | $5.2M | 0.3% | +7.5% |
| GLW CORNING INC | Industrials | 32.8K | $4.5M | 0.2% | -41.5% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 15.0K | $4.3M | 0.2% | -3.1% |
| CSCO CISCO SYSTEMS INC | Technology | 54.8K | $4.3M | 0.2% | -4.3% |
| AVGO BROADCOM INC | Technology | 13.6K | $4.2M | 0.2% | -3.7% |
| SBUX STARBUCKS CORP | Consumer discretionary | 46.7K | $4.2M | 0.2% | -7.1% |
| MNST MONSTER BEVERAGE CORP | Consumer staples | 57.7K | $4.2M | 0.2% | -6.6% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 24.0K | $4.0M | 0.2% | -2.8% |
| TXN TEXAS INSTRUMENTS INC | Technology | 20.4K | $4.0M | 0.2% | -3.0% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 13.0K | $3.8M | 0.2% | +1.6% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 39.6K | $3.7M | 0.2% | +1.8% |
| VRTX VERTEX PHARMACEUTICALS INC | Healthcare | 8.3K | $3.7M | 0.2% | -6.4% |
| BILL BILL HOLDINGS INC | Technology | 96.7K | $3.7M | 0.2% | +0.2% |
| UNH UNITEDHEALTH GROUP INC | Financials | 13.5K | $3.6M | 0.2% | -6.0% |
| D DOMINION ENERGY INC | Utilities | 57.3K | $3.5M | 0.2% | +6.3% |
| DIS WALT DISNEY CO/THE | Services media | 36.7K | $3.5M | 0.2% | -4.2% |
| RTX RTX CORP | Industrials | 18.0K | $3.5M | 0.2% | -0.1% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 8.9K | $3.5M | 0.2% | +0.2% |
| CMI CUMMINS INC | Industrials | 6.4K | $3.4M | 0.2% | +4.1% |
| MATX MATSON INC | Industrials | 20.4K | $3.3M | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 11.0K | $3.2M | 0.2% | -6.9% |
| ANGX ANGEL STUDIOS INC | Services media | 1.1M | $3.2M | 0.2% | +4.6% |
| EG EVEREST GROUP LTD | Financials | 9.8K | $3.2M | 0.2% | +54.9% |
| CRM SALESFORCE INC | Technology | 17.0K | $3.2M | 0.2% | +6.8% |
| NOC NORTHROP GRUMMAN CORP | Technology | 4.5K | $3.1M | 0.2% | -6.0% |
| ADSK AUTODESK INC | Technology | 12.8K | $3.1M | 0.2% | +0.9% |
| TEL TE CONNECTIVITY PLC | Consumer discretionary | 14.3K | $3.0M | 0.2% | -0.5% |
| PGR PROGRESSIVE CORP | Financials | 15.0K | $3.0M | 0.2% | -1.9% |
| LOW LOWE'S COS INC | Consumer discretionary | 12.5K | $3.0M | 0.2% | -5.8% |
| MA MASTERCARD INC - A | Services media | 5.9K | $2.9M | 0.2% | -2.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 369 | $1.84B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 362 | $1.83B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 312 | $1.69B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 274 | $1.41B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 287 | $1.26B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 291 | $1.25B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 295 | $1.28B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 15, 2024 | 276 | $1.09B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 284 | $1.17B | canonical | SEC ↗ |