Sage Advisors, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed September 27, 2024), Sage Advisors, LLC reported 25 stock positions worth $123.0 million. Its top holding was Blue Owl Capital (OBDC) at 24.0% of the portfolio, followed by Ares Capital (ARCC, 14.8%) and Eli Lilly (LLY, 13.7%). Compared with Q1 2024, it opened 1 new position, sold out of 1, added to 21 and reduced 1. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale BlackRock Finance (BLK, shares −80%).
- Most Recent 13F
- Q4 2025
- Location
- BOULDER, CO
- CIK
- 0002032121
- Portfolio Value
- $123.0M (Q2 2024)
- SEC Filing
- 0002032121-24-000003 ↗ filed Sep 27, 2024
Holdings Value
Holdings 25 stocks · $123.0M
| OBDC Blue Owl Capital Corp. | 24.04% | 1,925,424 | $29.6M | Add +6.7% |
| ARCC Ares Capital Corp. | 14.77% | 871,608 | $18.2M | Add +14.6% |
| LLY Eli Lilly & Co. | 13.73% | 18,652 | $16.9M | Add +1.0% |
| BNL Broadstone Net Lease Inc. | 11.72% | 908,066 | $14.4M | Add +0.3% |
| AAPL Apple Inc. | 7.60% | 44,403 | $9.4M | Add +3.3% |
| EPD Enterprise Products Partners | 4.30% | 182,500 | $5.3M | Add +0.0% |
| AMZN Amazon.com Inc. | 3.51% | 22,355 | $4.3M | Add +21.0% |
| OKE Oneok Inc. | 3.34% | 50,363 | $4.1M | Add +7.0% |
| APAM Artisan Partners Asset Ma -A | 3.16% | 94,046 | $3.9M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.58% | 7,788 | $3.2M | Add +4.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.57% | 3,551 | $1.9M | Add +4.7% |
| NVDA Nvidia Corp. | 1.45% | 14,483 | $1.8M | Add +33.1% |
| MSFT Microsoft Corp. | 1.43% | 3,948 | $1.8M | Add +46.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 3,061 | $1.5M | Add +7.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.99% | 3,125 | $1.2M | Add +6.7% |
| META Meta Platforms Inc. Class A | 0.84% | 2,038 | $1.0M | Add +10.0% |
| HPQ HP Inc. | 0.81% | 28,377 | $994K | Add +0.9% |
| COST Costco Wholesale Corp. | 0.76% | 1,100 | $935K | Add +14.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 4,629 | $801K | Add +3.3% |
| HPE Hewlett Packard Enterprise | 0.47% | 27,382 | $580K | Add +0.7% |
| BLK BlackRock Finance Inc. | 0.28% | 439 | $346K | Reduce -79.9% |
| AVGO Broadcom Inc. | 0.24% | 184 | $296K | Add +2.8% |
| NEE Nextera Energy Inc. | 0.19% | 3,336 | $236K | No change |
| GOOGL Alphabet Inc. Class A | 0.19% | 1,283 | $234K | New |
| VOO Vanguard S&P 500 ETF | 0.19% | 462 | $231K | No change |
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +3.3% | 7.60% | +1.05 |
| LLY Eli Lilly & Co. | Add +1.0% | 13.73% | +0.95 |
| ARCC Ares Capital Corp. | Add +14.6% | 14.77% | +0.68 |
| NVDA Nvidia Corp. | Add +33.1% | 1.45% | +0.58 |
| AMZN Amazon.com Inc. | Add +21.0% | 3.51% | +0.55 |
| MSFT Microsoft Corp. | Add +46.7% | 1.43% | +0.43 |
| GOOGL Alphabet Inc. Class A | New | 0.19% | +0.19 |
| COST Costco Wholesale Corp. | Add +14.7% | 0.76% | +0.14 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.0% | 1.19% | +0.06 |
| HPQ HP Inc. | Add +0.9% | 0.81% | +0.05 |
| HPE Hewlett Packard Enterprise | Add +0.7% | 0.47% | +0.04 |
| META Meta Platforms Inc. Class A | Add +10.0% | 0.84% | +0.04 |
| AVGO Broadcom Inc. | Add +2.8% | 0.24% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.7% | 1.57% | −0.01 |
| OKE Oneok Inc. | Add +7.0% | 3.34% | −0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Add +6.7% | 0.99% | −0.04 |
| IBM Intl Business Machines Corp. | Add +3.3% | 0.65% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.1% | 2.58% | −0.22 |
| EPD Enterprise Products Partners | Add +0.0% | 4.30% | −0.44 |
| APAM Artisan Partners Asset Ma -A | Add +1.2% | 3.16% | −0.63 |
| OBDC Blue Owl Capital Corp. | Add +6.7% | 24.04% | −0.66 |
| BNL Broadstone Net Lease Inc. | Add +0.3% | 11.72% | −0.90 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 48 | $150.8M | OBDC, LLY, ARCC, BNL, NLY |
| Q3 2025 | 39 | $139.6M | OBDC, ARCC, BNL, LLY, AAPL |
| Q2 2025 | 36 | $140.1M | OBDC, ARCC, LLY, BNL, EPD |
| Q1 2025 | 32 | $142.1M | OBDC, ARCC, BNL, LLY, AAPL |
| Q4 2024 | 28 | $133.9M | OBDC, ARCC, BNL, LLY, AAPL |
| Q3 2024 | 25 | $127.0M | OBDC, ARCC, BNL, LLY, AAPL |
| Q2 2024 | 25 | $123.0M | OBDC, ARCC, LLY, BNL, AAPL |
| Q1 2024 | 25 | $112.4M | OBDC, ARCC, LLY, BNL, AAPL |