Rayliant SMDAM Japan Equity ETF
RAYJ
RAYJ was delisted on the 30th of July, 2026.
3 hedge funds and large institutions have $1.48M invested in Rayliant SMDAM Japan Equity ETF in 2025 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
3.49% less ownership
Funds ownership: 12.93% → 9.44% (-3.5%)
21% less capital invested
Capital invested by funds: $1.86M → $1.48M (-$385K)
40% less funds holding
Funds holding: 5 → 3 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$320K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$204K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$556 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
1
Coppell Advisory Solutions
Coppell,
Texas
| $777K | +$100K | +3,070 | +15% |
|
|
SMDAM
2
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
| $495K | – | – | – |
|
|
3
Cetera Investment Advisers
Schaumburg,
Illinois
| $208K | -$556 | -17 | -0.3% |
|
|
4
Goldman Sachs
New York
| – | -$320K | -10,000 | Closed |
|
|
FTUS
5
Flow Traders U.S.
New York
| – | -$204K | -6,390 | Closed |
|
RAYJ Hedge Fund Activity: Q3 2025 in Review
3 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Rayliant SMDAM Japan Equity ETF (RAYJ) for Q3 2025, worth a combined $1.48M — down 21% from $1.86M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RAYJ and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Coppell Advisory Solutions, adding an estimated $100K. The largest seller was Goldman Sachs, exiting entirely with an estimated $320K sold.
- 3 institutional investors held Rayliant SMDAM Japan Equity ETF (RAYJ) as of Q3 2025, down from 5 in Q2 2025.
- Funds reported $1.48M of Rayliant SMDAM Japan Equity ETF stock for Q3 2025, down 21% quarter-over-quarter.
- 0 funds opened new Rayliant SMDAM Japan Equity ETF positions in Q3 2025 and 2 closed out, a net change of -2 holders.
- The largest Rayliant SMDAM Japan Equity ETF buyer in Q3 2025 was Coppell Advisory Solutions, an estimated $100K added.
- The largest Rayliant SMDAM Japan Equity ETF seller in Q3 2025 was Goldman Sachs, an estimated $320K sold.
Based on aggregated 13F filings for Q3 2025.