Rayliant SMDAM Japan Equity ETF
RAYJ
RAYJ was delisted on the 30th of July, 2026.
5 hedge funds and large institutions have $1.86M invested in Rayliant SMDAM Japan Equity ETF in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 0 closing their positions.
150% more funds holding
Funds holding: 2 → 5 (+3)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
51.07% less ownership
Funds ownership: 64% → 12.93% (-51%)
91% less capital invested
Capital invested by funds: $20.9M → $1.86M (-$19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$287K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$184K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$182K |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$71.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$21.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
1
Coppell Advisory Solutions
Coppell,
Texas
| $658K | +$71.3K | +2,481 | +14% |
|
|
SMDAM
2
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
| $480K | -$21.1M | -735,000 | -98% |
|
|
3
Goldman Sachs
New York
| $320K | +$287K | +10,000 | New |
|
|
FTUS
4
Flow Traders U.S.
New York
| $204K | +$184K | +6,390 | New |
|
|
5
Cetera Investment Advisers
Schaumburg,
Illinois
| $203K | +$182K | +6,330 | New |
|
RAYJ Hedge Fund Activity: Q2 2025 in Review
5 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Rayliant SMDAM Japan Equity ETF (RAYJ) for Q2 2025, worth a combined $1.86M — down 91% from $20.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RAYJ positions and 0 closed out — a net gain of 3 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $287K. The largest seller was Sumitomo Mitsui DS Asset Management, cutting an estimated $21.1M.
- 5 institutional investors held Rayliant SMDAM Japan Equity ETF (RAYJ) as of Q2 2025, up from 2 in Q1 2025.
- Funds reported $1.86M of Rayliant SMDAM Japan Equity ETF stock for Q2 2025, down 91% quarter-over-quarter.
- 3 funds opened new Rayliant SMDAM Japan Equity ETF positions in Q2 2025 and 0 closed out, a net change of +3 holders.
- The largest Rayliant SMDAM Japan Equity ETF buyer in Q2 2025 was Goldman Sachs, an estimated $287K added.
- The largest Rayliant SMDAM Japan Equity ETF seller in Q2 2025 was Sumitomo Mitsui DS Asset Management, an estimated $21.1M sold.
Based on aggregated 13F filings for Q2 2025.