undamentalytics Newsletter
Sign in

Hedge fund

Sepio Capital, LP

13F for the quarter to June 30, 2026, filed July 28, 2026 · SEC CIK 1751412

Reported value
$2.0bn
27% in companies we cover
Positions we cover
233
Largest ABBV 1.6%
Copy, a year
+14.1%
S&P 500 +15.6%
Copy Sharpe ratio
0.65
S&P 500 0.73

How copying its 13F would have done

$10.0k$20.0k 20192020202120222023202420252026 $30.6k$27.7k
CopyS&P 500 $10,000 copying Sepio Capital, LP's filed holdings in companies we cover from February 15, 2019, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −31.9% (S&P 500 −31.8%); beta 1.00; alpha −1.2% a year (t = −0.94); last 12 months +9.8% against +12.1%.

Reported value by quarter

Sepio Capital, LP: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $500B $1T $1.5T Reported value, 2018-12-31: $1.3B Reported value, 2019-03-31: $1.4B Reported value, 2019-06-30: $740.6M Reported value, 2019-09-30: $969.2M Reported value, 2019-12-31: $1.1B Reported value, 2020-03-31: $755.1M Reported value, 2020-06-30: $842.4M Reported value, 2020-09-30: $909M Reported value, 2020-12-31: $1.1B Reported value, 2021-03-31: $1.1B Reported value, 2021-06-30: $1.2B Reported value, 2021-09-30: $1.2B Reported value, 2021-12-31: $1.3B Reported value, 2022-03-31: $1.1B Reported value, 2022-06-30: $995.3M Reported value, 2022-09-30: $1B Reported value, 2022-12-31: $1.2T Reported value, 2023-03-31: $1.1B Reported value, 2023-06-30: $1.2B Reported value, 2023-09-30: $1.2B Reported value, 2023-12-31: $1.2B Reported value, 2024-03-31: $1.2B Reported value, 2024-06-30: $1.1B Reported value, 2024-09-30: $1.3B Reported value, 2024-12-31: $1.2B Reported value, 2025-03-31: $1.3B Reported value, 2025-06-30: $1.4B Reported value, 2025-09-30: $1.7B Reported value, 2025-12-31: $1.8B Reported value, 2026-03-31: $1.8B Reported value, 2026-06-30: $2B 2018-12-31 2020-06-30 2021-12-31 2023-06-30 2024-12-31 2026-06-30 $2B
View chart data
Period Reported value
2018-12-31 $1.3B
2019-03-31 $1.4B
2019-06-30 $740.6M
2019-09-30 $969.2M
2019-12-31 $1.1B
2020-03-31 $755.1M
2020-06-30 $842.4M
2020-09-30 $909M
2020-12-31 $1.1B
2021-03-31 $1.1B
2021-06-30 $1.2B
2021-09-30 $1.2B
2021-12-31 $1.3B
2022-03-31 $1.1B
2022-06-30 $995.3M
2022-09-30 $1B
2022-12-31 $1.2T
2023-03-31 $1.1B
2023-06-30 $1.2B
2023-09-30 $1.2B
2023-12-31 $1.2B
2024-03-31 $1.2B
2024-06-30 $1.1B
2024-09-30 $1.3B
2024-12-31 $1.2B
2025-03-31 $1.3B
2025-06-30 $1.4B
2025-09-30 $1.7B
2025-12-31 $1.8B
2026-03-31 $1.8B
2026-06-30 $2B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
ABBVAbbVie1.65%$32.8m130.2K−4.8% Reduced
NVDANVIDIA Corporation1.50%$29.7m148.5K−3.3% Reduced
MSFTMicrosoft Corporation1.11%$22.1m59.3K−6.6% Reduced
TSLATesla, Inc.1.07%$21.2m50.5K−4.7% Reduced
METAMeta Platforms1.00%$19.9m35.4K+8.1% Added
AMZNAmazon1.00%$19.9m83.6K−21.6% Reduced
AAPLApple Inc.0.98%$19.4m67.1K−8.4% Reduced
ABTAbbott Laboratories0.91%$18.0m198.2K0.0%
GOOGLAlphabet Inc. (Class A)0.82%$16.3m45.5K−28.8% Reduced
VVisa Inc.0.48%$9.5m27.7K−9.2% Reduced
GLWCorning Inc.0.46%$9.1m35.8K+8.9% Added
BABoeing0.40%$7.9m36.5K+5.0% Added
NETCloudflare, Inc.0.36%$7.2m29.2K−2.9% Reduced
CRWDCrowdStrike0.34%$6.8m8.9K+0.9% Added
NFLXNetflix0.33%$6.5m90.7K−4.1% Reduced
MNSTMonster Beverage0.29%$5.8m60.6K+5.0% Added
ORCLOracle Corporation0.29%$5.8m39.6K−3.9% Reduced
JNJJohnson & Johnson0.26%$5.2m20.6K−6.3% Reduced
CVXChevron Corporation0.26%$5.2m31.1K−10.8% Reduced
UNHUnitedHealth Group0.26%$5.2m12.4K−7.8% Reduced
CSCOCisco0.26%$5.1m43.5K−20.6% Reduced
COSTCostco0.25%$5.0m5.4K−11.0% Reduced
TXNTexas Instruments0.25%$4.9m16.6K−18.8% Reduced
CMICummins0.24%$4.8m6.8K+6.3% Added
SHOPShopify Inc.0.23%$4.7m40.9K−6.7% Reduced
NSCNorfolk Southern0.23%$4.6m14.6K−2.5% Reduced
DDominion Energy0.23%$4.6m67.1K+17.1% Added
PMPhilip Morris International0.22%$4.3m23.9K−0.6% Reduced
VRTXVertex Pharmaceuticals0.21%$4.3m8.6K+4.0% Added
SBUXStarbucks0.21%$4.2m41.3K−11.7% Reduced
BLKBlackRock0.21%$4.1m4.3K−23.4% Reduced
MTHMeritage Homes Corp0.20%$4.0m47.4K+0.6% Added
MATXMatson, Inc.0.20%$3.9m20.4K0.0%
EGEverest Group0.20%$3.9m10.9K+11.8% Added
ANGXAngel Studios, Inc.0.18%$3.5m959.5K−9.8% Reduced
APDAir Products0.18%$3.5m11.9K−8.3% Reduced
BILLBILL Holdings, Inc.0.18%$3.5m96.5K−0.2%
RTXRTX Corporation0.17%$3.4m17.8K−1.4% Reduced
SCHWCharles Schwab Corporation0.17%$3.3m36.2K−8.5% Reduced
PGRProgressive Corporation0.16%$3.2m14.8K−0.9% Reduced
DISThe Walt Disney Company0.16%$3.2m32.9K−10.5% Reduced
LENLennar0.16%$3.1m34.4K+20.0% Added
UPBDUpbound Group, Inc.0.15%$3.1m144.6K0.0%
FASTFastenal0.15%$2.9m61.1K−0.1%
REGNRegeneron Pharmaceuticals0.14%$2.8m4.4K+17.7% Added
MAMastercard0.14%$2.7m5.3K−8.9% Reduced
RSGRepublic Services0.14%$2.7m12.8K+812.8% Added
RNRRenaissancere Holdings LTD0.13%$2.7m8.4K+0.2%
SEICSEI Investments Co0.13%$2.7m30.2K+2.1% Added
LOWLowe's0.13%$2.6m11.8K−5.5% Reduced
MOAltria0.12%$2.4m34.0K−4.3% Reduced
CRMSalesforce0.12%$2.4m15.4K−9.4% Reduced
ADSKAutodesk, Inc.0.12%$2.4m12.3K−3.4% Reduced
CINFCincinnati Financial0.12%$2.4m12.9K−6.4% Reduced
SYYSysco0.12%$2.4m28.6K+1.3% Added
NOCNorthrop Grumman0.11%$2.2m4.4K−2.2% Reduced
INTCIntel0.11%$2.2m15.4K+0.7% Added
EXPDExpeditors International0.11%$2.1m13.1K+6.3% Added
COINCoinbase0.10%$2.0m13.7K−1.0% Reduced
TELTE Connectivity0.10%$2.0m9.9K−30.5% Reduced
TMOThermo Fisher Scientific0.10%$2.0m4.0K−12.6% Reduced
CPNGCoupang, Inc.0.10%$2.0m114.6K0.0%
AVGOBroadcom0.10%$1.9m5.1K−62.5% Reduced
JPMJPMorgan Chase0.09%$1.8m5.6K−48.9% Reduced
PLTRPalantir Technologies Inc.0.09%$1.8m15.7K−8.3% Reduced
DEDeere & Company0.09%$1.8m2.9K+9.9% Added
CBChubb Limited0.09%$1.8m5.3K−0.3%
PAYXPaychex0.09%$1.8m18.0K−21.7% Reduced
NVONovo Nordisk A S0.09%$1.7m36.1K+1.9% Added
CSLCarlisle Companies Inc0.09%$1.7m4.7K0.0%
QSRRestaurant Brands International Inc.0.09%$1.7m23.4K−4.3% Reduced
GSGoldman Sachs0.09%$1.7m1.7K−2.7% Reduced
ISRGIntuitive Surgical0.08%$1.6m4.1K−0.5%
TSMTaiwan Semiconductor Manufacturing Co LTD0.08%$1.6m3.4K−71.1% Reduced
MRVLMarvell Technology0.08%$1.6m5.4K+0.6% Added
ARMKAramark0.08%$1.6m27.8K+0.7% Added
ICEIntercontinental Exchange0.08%$1.6m12.7K−0.2%
ADPAutomatic Data Processing0.08%$1.5m6.8K−1.8% Reduced
BURLBurlington Stores, Inc.0.07%$1.4m4.6K0.0%
WMTWalmart0.07%$1.4m12.7K−4.2% Reduced
BACBank of America0.07%$1.4m25.0K+8.6% Added
YUMYum! Brands0.07%$1.4m8.8K+8.0% Added
AMGAffiliated Managers Group, Inc.0.07%$1.3m3.8K+0.6% Added
CACICACI International Inc0.06%$1.3m2.7K0.0%
ZSZscaler, Inc.0.06%$1.2m8.8K+0.6% Added
WRBW. R. Berkley Corporation0.06%$1.2m17.1K+3.3% Added
JLLJones Lang Lasalle Inc0.06%$1.2m3.8K+0.1%
NEENextEra Energy0.06%$1.2m13.4K+1.4% Added
TRUTransunion0.06%$1.1m15.4K−1.6% Reduced
AVYAvery Dennison0.06%$1.1m6.8K−1.8% Reduced
XYZBlock, Inc.0.06%$1.1m14.6K−2.7% Reduced
BOHBank Of Hawaii Corp0.06%$1.1m13.6K0.0%
MKLMarkel Group Inc.0.06%$1.1m5640.0%
MUMicron Technology0.06%$1.1m943New
QCOMQualcomm0.05%$1.1m5.8K−71.0% Reduced
FDSFactset Research Systems Inc0.05%$1.1m4.6K−5.5% Reduced
TECHBio-Techne0.05%$1.1m14.9K+0.9% Added
CCICrown Castle0.05%$1.0m13.6K−7.1% Reduced
TRMBTrimble Inc.0.05%$1.0m19.7K−4.3% Reduced
AMDAdvanced Micro Devices0.05%$1.0m1.7K+6.7% Added
LLYLilly (Eli)0.05%$990,157826+5.8% Added
OKLOOklo Inc.0.05%$986,63018.9K0.0%
ATRAptargroup, Inc.0.05%$985,0747.9K+3.5% Added
TROWT. Rowe Price0.05%$976,1918.6K−0.1%
GDDYGodaddy Inc.0.05%$963,32811.3K+0.9% Added
RPMRPM International Inc0.05%$958,5588.6K−0.2%
SNOWSnowflake Inc.0.05%$955,9023.8K−0.7% Reduced
IEXIDEX Corporation0.05%$955,2334.2K0.0%
KNXKnight-swift Transportation Holdings Inc.0.05%$946,66612.2K+0.4%
LIILennox International0.05%$945,9401.7K−0.4%
CATCaterpillar Inc.0.05%$932,958876−10.0% Reduced
WFCWells Fargo0.05%$926,92011.2K−4.2% Reduced
NKENike, Inc.0.05%$912,46522.2K+14.2% Added
SPCXSpace Exploration Technologies Corp0.04%$895,5995.2KNew
CERSCerus Corp0.04%$862,860295.5K0.0%
CSXCSX Corporation0.04%$856,61818.0K0.0%
MSMorgan Stanley0.04%$851,6294.1K−45.6% Reduced
NSITInsight Enterprises Inc0.04%$849,5557.0K+5.7% Added
KEXKirby Corp0.04%$845,0546.2K0.0%
CHHChoice Hotels International Inc0.04%$830,7747.5K+1.9% Added
NDSNNordson Corporation0.04%$825,7262.7K−0.5% Reduced
UPSTUpstart Holdings, Inc.0.04%$825,51923.3K−30.2% Reduced
TYLTyler Technologies Inc0.04%$824,7372.8K+0.2%
MORNMorningstar, Inc.0.04%$816,7655.2K−0.2%
JBHTJ.B. Hunt0.04%$794,7752.7K+0.7% Added
SOFISoFi Technologies, Inc.0.04%$782,96743.7K−10.4% Reduced
ILMNIllumina, Inc.0.04%$775,5864.4K−51.2% Reduced
MELIMercadolibre Inc0.04%$772,312455New
MANHManhattan Associates Inc0.04%$757,2425.4K+0.5% Added
WEXWEX Inc.0.04%$747,9185.3K−2.4% Reduced
WDAYWorkday, Inc.0.04%$741,6826.1K+2.1% Added
UBERUber0.04%$736,97010.2K−31.9% Reduced
DLBDolby Laboratories, Inc.0.04%$727,33913.8K−0.2%
ETNEaton Corporation0.04%$723,1261.7K−1.1% Reduced
SAIASaia Inc0.04%$708,3911.7K−0.4%
LRCXLam Research0.04%$697,8021.6K−8.3% Reduced
CASYCasey's0.04%$691,467870−56.6% Reduced
IBMIBM0.03%$683,6222.4K−6.8% Reduced
HOODRobinhood Markets0.03%$681,2026.8KNew
MSTRStrategy Inc0.03%$670,3177.7K−18.5% Reduced
POOLPool Corp0.03%$663,6113.1K+4.7% Added
MCDMcDonald's0.03%$651,9902.4K−46.9% Reduced
BNYBNY Mellon0.03%$648,1424.5K0.0%
ASMLAsml Holding NV0.03%$628,663316−7.6% Reduced
CMECME Group0.03%$624,1762.8K−1.5% Reduced
SRESempra0.03%$609,8466.6K+1.1% Added
AMATApplied Materials0.03%$605,944838−7.2% Reduced
JJacobs Solutions0.03%$598,6264.8K0.0%
RBLXRoblox Corp0.03%$598,47611.0K−3.0% Reduced
HQYHealthequity, Inc.0.03%$596,6546.6KNew
CompanyBought (value)Shares
RSGRepublic Services$2.4m11.4K
METAMeta Platforms$1.5m2.6K
MUMicron Technology$1.1m943
SPCXSpace Exploration Technologies Corp$895,5995.2K
MELIMercadolibre Inc$772,312455
GLWCorning Inc.$748,6652.9K
HOODRobinhood Markets$681,2026.8K
DDominion Energy$668,1499.8K
HQYHealthequity, Inc.$596,6546.6K
LENLennar$519,7775.7K
KLACKLA Corporation$519,6211.7K
HLIHoulihan Lokey, Inc.$456,8473.4K
ABCBAmeris Bancorp$441,7324.9K
REGNRegeneron Pharmaceuticals$414,690665
EGEverest Group$409,7431.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
GOOGLAlphabet Inc. (Class A)−$6.6m−18.4K
AMZNAmazon−$5.5m−23.0K
TSMTaiwan Semiconductor Manufacturing Co LTD−$4.0m−8.3K
AVGOBroadcom−$3.2m−8.5K
QCOMQualcomm−$2.6m−14.1K
AAPLApple Inc.−$1.8m−6.2K
JPMJPMorgan Chase−$1.8m−5.4K
ABBVAbbVie−$1.6m−6.6K
MSFTMicrosoft Corporation−$1.6m−4.2K
AEMAgnico Eagle Mines LTD−$1.4m−6.9K
CSCOCisco−$1.3m−11.3K
AGIAlamos Gold Inc−$1.3m−28.2K
BLKBlackRock−$1.3m−1.3K
MRKMerck & Co.−$1.2m−9.1K
LMTLockheed Martin−$1.1m−1.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
AEMAgnico Eagle Mines LTD$1.4m6.9K
AGIAlamos Gold Inc$1.3m28.2K
LMTLockheed Martin$1.1m1.9K
NEMNewmont$1.1m9.9K
AMGNAmgen$999,6062.8K
PYPLPayPal$775,80217.2K
CDECoeur Mining, Inc.$688,13136.7K
SOSouthern Company$652,6686.8K
EDConsolidated Edison$641,2785.7K
TGTTarget Corporation$631,6385.2K
PEPPepsiCo$610,4453.9K
BAHBooz Allen Hamilton Holding Corp$599,5047.7K
AFLAflac$594,9575.4K
ACNAccenture$564,6082.8K
DLRDigital Realty$549,4603.0K
PWRQuanta Services$535,295975
EPDEnterprise Products Partners L.p.$447,64711.8K
MAINMain Street Capital Corp$423,6808.0K
AEPAmerican Electric Power$415,9173.2K
KMBKimberly-Clark$366,5863.8K
MDTMedtronic$356,2184.1K
NNNNNN Reit, Inc.$314,0907.5K
OKEOneok$301,1523.3K
SKESkeena Resources Ltd$294,2589.9K
INTUIntuit$278,020643
BABAAlibaba Group Holding Ltd$263,0482.1K
TAT&T$254,7948.8K
PPTAPerpetua Resources Corp.$254,7049.1K
COLBColumbia Banking System, Inc.$251,9179.2K
CHKPCheck Point Software Technologies LTD$237,5601.7K
  • Technology29.1%
  • Health Care15.2%
  • Consumer Discretionary13.3%
  • Financials12.9%
  • Industrials11.0%
  • Communication Services9.5%
  • Consumer Staples4.6%
  • Materials1.4%
  • Utilities1.4%
  • Energy1.2%
  • Real Estate0.4%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestFebruary 15, 2019 to November 2, 2026+14.1%+15.6%0.650.73−31.9%1.00
Last three yearsNovember 3, 2023 to November 2, 2026+19.7%+21.8%1.031.16−17.8%0.96
Last yearNovember 7, 2025 to November 2, 2026+12.8%+14.2%0.730.84−11.0%0.88

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.