Bushido Capital US Equity ETF
SMRI
4 hedge funds and large institutions have $254M invested in Bushido Capital US Equity ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $232M → $254M (+$22.4M)
1.28% more ownership
Funds ownership: 56.55% → 57.83% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sepio Capital
Salt Lake City,
Utah
|
+$4.89M |
| 2 |
GS
GTS Securities
New York
|
+$1.34M |
| 3 |
MCM
Marathon Capital Management
Hunt Valley,
Maryland
|
+$7.72K |
| 4 |
NMG
New Millennium Group
Sandy,
Utah
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$865 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
1
Sepio Capital
Salt Lake City,
Utah
| $252M | +$4.89M | +158,182 | +2% |
|
|
GS
2
GTS Securities
New York
| $1.43M | +$1.34M | +43,348 | New |
|
|
MCM
3
Marathon Capital Management
Hunt Valley,
Maryland
| $281K | +$7.72K | +250 | +3% |
|
|
NMG
4
New Millennium Group
Sandy,
Utah
| $44 | +$31 | +1 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$865 | -28 | Closed |
|
SMRI Hedge Fund Activity: Q2 2025 in Review
4 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Bushido Capital US Equity ETF (SMRI) for Q2 2025, worth a combined $254M — up 9.7% from $232M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SMRI positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Sepio Capital, adding an estimated $4.89M. The largest seller was UBS Group, exiting entirely with an estimated $865 sold.
- 4 institutional investors held Bushido Capital US Equity ETF (SMRI) as of Q2 2025, up from 3 in Q1 2025.
- Funds reported $254M of Bushido Capital US Equity ETF stock for Q2 2025, up 9.7% quarter-over-quarter.
- 2 funds opened new Bushido Capital US Equity ETF positions in Q2 2025 and 1 closed out, a net change of +1 holder.
- The largest Bushido Capital US Equity ETF buyer in Q2 2025 was Sepio Capital, an estimated $4.89M added.
- The largest Bushido Capital US Equity ETF seller in Q2 2025 was UBS Group, an estimated $865 sold.
Based on aggregated 13F filings for Q2 2025.