Sage Capital Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed July 31, 2024), Sage Capital Management, LLC reported 152 stock positions worth $184.3 million. Its top holding was Global X US Infrastructure (PAVE) at 4.9% of the portfolio, followed by Invesco Water Resources ETF (PHO, 4.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.2%). Compared with Q4 2023, it opened 6 new positions, sold out of 1, added to 94 and reduced 22. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Amazon.com (AMZN, shares −59%).

Most Recent 13F
Q2 2026
Location
Stockton, NJ
CIK
0002030667
Portfolio Value
$184.3M (Q1 2024)
SEC Filing
0001172661-24-002996 ↗ filed Jul 31, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $184.3M $184.3M Q1 2024 Q2 2024: $190.3M Q2 2024 Q3 2024: $208.2M Q3 2024 Q4 2024: $197.9M Q4 2024 Q1 2025: $184.2M Q1 2025 Q2 2025: $207.8M Q2 2025 Q3 2025: $222.2M Q3 2025 Q4 2025: $216.4M Q4 2025 Q1 2026: $212.8M Q1 2026 Q2 2026: $256.2M Q2 2026

Holdings 152 stocks · $184.3M
PAVE Global X US Infrastructure 4.94% 228,774 $9.1M Add +0.3%
PHO Invesco Water Resources ETF 4.25% 117,715 $7.8M Add +0.9%
SPY SS SPDR S&P 500 ETF Trust-US 4.18% 14,710 $7.7M Add +0.1%
XLK SS Technology Select Sector 3.75% 33,209 $6.9M Add +0.1%
NVDA Nvidia Corp. 3.18% 6,492 $5.9M Add +1.8%
HACK Amplify Cybersecurity ETF 2.79% 80,080 $5.1M Reduce -0.4%
AAPL Apple Inc. 2.66% 28,545 $4.9M Add +0.1%
RSP Invesco S&P 500 Equal Weight 2.61% 28,448 $4.8M Add +0.0%
XLP SS Consumer Staples Sel Sect 2.58% 62,320 $4.8M Reduce -0.7%
DON Wisdomtree US Midcap Dividen 2.42% 91,424 $4.5M Add +1.5%
QQQ Invesco QQQ Trust Series 1 2.26% 9,378 $4.2M Add +27.4%
XITK SS SPDR F Inno Tech ETF 2.23% 27,547 $4.1M Reduce -6.1%
CWB SS SPDR BB Conv Sec ETF 2.13% 53,657 $3.9M Add +0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.85% 17,808 $3.4M Add +0.3%
HQH Abrdn Healthcare Investors 1.80% 196,638 $3.3M Add +5.5%
BOTZ Global X Robotics & Artifici 1.75% 101,529 $3.2M Reduce -1.1%
SDY SS SPDR S&P Dividend ETF 1.73% 24,334 $3.2M Add +0.6%
MSFT Microsoft Corp. 1.68% 7,368 $3.1M Reduce -0.0%
XBXMX Nuveen S&P 500 Buy-WR Inc. 1.52% 211,962 $2.8M Reduce -1.6%
MINT PIMCO Enhanced Short Maturit 1.50% 27,574 $2.8M Add +35.0%
PBJ Invesco Food & Beverage ETF 1.47% 55,614 $2.7M Add +0.1%
STXF Strive 500 ETF 1.40% 76,396 $2.6M Add +72.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 1.39% 31,823 $2.6M Add +0.8%
XBI SS SPDR S&P Biotech ETF 1.27% 24,686 $2.3M No change
JEPI JPMorgan Equity Premium Inco 1.09% 34,830 $2.0M Add +31.0%
CIBR First Trust Nasdaq Cybersecu 1.08% 35,294 $2.0M Add +0.0%
LAMR Lamar Advertising Co. Class A 0.91% 14,013 $1.7M Add +1.9%
XHB SS SPDR S&P Homebldrs ETF 0.90% 14,861 $1.7M Add +0.2%
GRID First TRST Nasd Class Edg Sgiif 0.85% 13,718 $1.6M Add +16.0%
SDOG Alps Sector Dividend Dogs 0.84% 28,836 $1.6M Add +1.0%
IWF iShares Russell 1000 Growth 0.84% 4,611 $1.6M Add +0.1%
AMT American Tower Corp. 0.82% 7,657 $1.5M Add +1.2%
TQQQ Proshares Ultrapro QQQ 0.82% 24,555 $1.5M Add +0.3%
SKYY First Trust Cloud Computing 0.81% 15,679 $1.5M No change
VTIP Vanguard Short-Term Tips 0.80% 30,861 $1.5M No change
XLV SS Health Care Select Sector 0.79% 9,855 $1.5M Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.77% 3,356 $1.4M No change
IJH iShares Core S&P Midcap ETF 0.73% 22,059 $1.3M Add +0.3%
FDN First Trust DJ Internet Ind 0.73% 6,515 $1.3M No change
XOM Exxon Mobil Corp. 0.70% 11,120 $1.3M Add +0.5%
PSA Public Storage 0.69% 4,410 $1.3M Add +2.4%
HEDJ Wisdomtree Europe Hedged Equ 0.69% 26,358 $1.3M No change
FLRN SS SPDR BB Ig Float RT ETF 0.69% 41,273 $1.3M Reduce -3.0%
DBEF Xtrackers MSCI Eafe Hedged E 0.68% 30,780 $1.3M No change
AMZN Amazon.com Inc. 0.63% 6,479 $1.2M Reduce -59.4%
SPHQ Invesco S&P 500 Quality ETF 0.63% 19,317 $1.2M Reduce -0.8%
XLB SS Materials Select Sector 0.63% 12,465 $1.2M Add +0.3%
HFRO Highland Opport & Income 0.56% 147,604 $1.0M Reduce -13.5%
TECL Dire Dai Tec Bull 3X ETF-Usd 0.55% 12,580 $1.0M Reduce -1.2%
VAW Vanguard Materials ETF 0.52% 4,698 $960K Add +0.3%
FIW First Trust Water ETF 0.52% 9,374 $957K Add +19.1%
EWU iShares MSCI United Kingdom 0.51% 27,658 $946K Add +1.8%
SPHD Invesco S&P 500 High Dividen 0.51% 21,085 $936K Add +0.3%
IVV iShares Core S&P 500 ETF 0.50% 1,763 $927K Add +0.1%
COST Costco Wholesale Corp. 0.49% 1,227 $899K Add +4.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.48% 13,471 $884K Add +0.6%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.48% 2,209 $879K Add +0.2%
STAG Stag Industrial Inc. 0.46% 22,233 $855K Add +0.6%
PG The Procter & Gamble Co. 0.46% 5,240 $850K Reduce -0.3%
LLY Eli Lilly & Co. 0.46% 1,087 $846K No change
PFF iShares Preferred & Income S 0.45% 25,680 $828K Add +4.3%
OKE Oneok Inc. 0.44% 10,182 $816K Add +1.4%
HST Host Hotels & Resorts Inc. 0.38% 33,652 $696K Add +1.1%
IWN iShares Russell 2000 Value E 0.38% 4,367 $693K Add +0.4%
LIT Global X Lithium & Battery T 0.37% 15,226 $690K Add +5.8%
INDA iShares MSCI India ETF 0.37% 13,357 $689K No change
HD Home Depot Inc. 0.37% 1,787 $685K Add +0.1%
IYH iShares U.S. Healthcare ETF 0.37% 11,064 $685K Add +0.2%
ECL Ecolab Inc. 0.36% 2,836 $655K Add +23.3%
VIG Vanguard Dividend Apprec ETF 0.34% 3,416 $624K Add +0.2%
VCIT Vanguard Int-Term Corporate 0.34% 7,727 $622K Add +0.6%
PECO Phillips Edison & Company Inc. 0.34% 17,261 $619K Reduce -11.1%
ABBV Abbvie Inc. 0.33% 3,373 $614K Add +0.2%
IHI iShares U.S. Medical Devices 0.33% 10,345 $606K Add +0.0%
LTC LTC Properties Inc. filed as LTC PPTYS INC 0.31% 17,703 $576K Add +0.5%
AXP American Express Co. 0.31% 2,493 $568K Reduce -0.5%
RQI Cohen & Steers Qual Inc. RLTY 0.31% 46,850 $566K Add +2.1%
GOOGL Alphabet Inc. Class A 0.30% 3,713 $560K Reduce -5.3%
MAR Marriott International Class A 0.30% 2,219 $560K No change
META Meta Platforms Inc. Class A 0.30% 1,141 $554K No change
DLR Digital Realty Trust Inc. 0.29% 3,697 $532K Add +24.9%
PEP Pepsico Inc. 0.29% 3,014 $527K Add +0.3%
IWO iShares Russell 2000 Growth 0.27% 1,870 $506K Add +0.2%
XLY SS Consumer Disc Select Sect 0.27% 2,718 $500K Add +0.2%
MVV Proshares Ultra MIDCAP400 0.27% 7,255 $496K Add +0.1%
JEF Jefferies Financial Group Inc. 0.26% 10,978 $484K Add +0.7%
IFRA iShares US Infrastructure 0.26% 10,908 $473K Add +0.1%
WES Western Midstream Partners L 0.25% 12,886 $458K Reduce -4.4%
KRE SS SPDR S&P Regional Bank 0.24% 8,956 $450K Add +0.7%
RSPS Invesco S&P 500 Equal Weight 0.24% 13,615 $448K Add +21.9%
CHD Church & Dwight Co. Inc. 0.24% 4,261 $444K No change
JNJ Johnson & Johnson 0.24% 2,780 $440K Add +0.4%
VNQ Vanguard Real Estate ETF 0.23% 4,978 $430K Add +0.9%
IJS iShares S&P Small-Cap 600 Va 0.22% 3,989 $410K Add +0.3%
PFE Pfizer Inc. 0.22% 14,493 $402K Reduce -29.2%
RSPU Invesco S&P 500 Equal Weight 0.22% 7,065 $400K Add +0.6%
VTI VG Morningstar TS MKT ETF-US 0.22% 1,528 $397K Add +0.2%
DVY iShares Select Dividend ETF 0.21% 3,217 $396K Add +0.8%
ABT Abbott Laboratories 0.21% 3,422 $389K Add +0.1%
XEXGX Eaton Vance Tax-Managed Glob 0.21% 46,431 $379K No change

Show all 152 holdings

Portfolio Sells Q4 2023 → Q1 2024
AMZN Amazon.com Inc. Reduce -59.4% 0.63% −0.82
XITK SS SPDR F Inno Tech ETF Reduce -6.1% 2.23% −0.33
HFRO Highland Opport & Income Reduce -13.5% 0.56% −0.22
XSLV Invesco S&P Smallcap Low Vol Sold out 0.00% −0.13
PFE Pfizer Inc. Reduce -29.2% 0.22% −0.13
XBXMX Nuveen S&P 500 Buy-WR Inc. Reduce -1.6% 1.52% −0.13
XLP SS Consumer Staples Sel Sect Reduce -0.7% 2.58% −0.12
HACK Amplify Cybersecurity ETF Reduce -0.4% 2.79% −0.12
TSLA Tesla Inc. Reduce -1.5% 0.16% −0.09
FLRN SS SPDR BB Ig Float RT ETF Reduce -3.0% 0.69% −0.09
PECO Phillips Edison & Company Inc. Reduce -11.1% 0.34% −0.09
CMCSA Comcast Corp. Class A Reduce -13.3% 0.12% −0.03
QYLD Global X Nasd 100 Cov Call Reduce -15.5% 0.13% −0.03
CVX Chevron Corp. Reduce -13.8% 0.13% −0.03
MCD McDonald's Corp. Reduce -1.5% 0.15% −0.03
GOOGL Alphabet Inc. Class A Reduce -5.3% 0.30% −0.02
PG The Procter & Gamble Co. Reduce -0.3% 0.46% +0.00
BOTZ Global X Robotics & Artifici Reduce -1.1% 1.75% +0.00
SPHQ Invesco S&P 500 Quality ETF Reduce -0.8% 0.63% +0.00
WES Western Midstream Partners L Reduce -4.4% 0.25% +0.01
MSFT Microsoft Corp. Reduce -0.0% 1.68% +0.02
AXP American Express Co. Reduce -0.5% 0.31% +0.03
TECL Dire Dai Tec Bull 3X ETF-Usd Reduce -1.2% 0.55% +0.04

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +1.8% 3.18% +1.29
STXF Strive 500 ETF Add +72.2% 1.40% +0.58
QQQ Invesco QQQ Trust Series 1 Add +27.4% 2.26% +0.46
MINT PIMCO Enhanced Short Maturit Add +35.0% 1.50% +0.28
PAVE Global X US Infrastructure Add +0.3% 4.94% +0.24
JEPI JPMorgan Equity Premium Inco Add +31.0% 1.09% +0.22
FELG Fidelity Enh LRG Cap GWTH New 0.20% +0.20
XLE SS Energy Select Sector New 0.12% +0.12
CLIX Proshares Long Online/Short New 0.11% +0.11
GRID First TRST Nasd Class Edg Sgiif Add +16.0% 0.85% +0.11
SSO Proshares Ultra S&P500 New 0.11% +0.11
FDX FedEx Corp. New 0.11% +0.11
IBM Intl Business Machines Corp. Add +0.3% 1.85% +0.11
ECL Ecolab Inc. Add +23.3% 0.36% +0.08
TQQQ Proshares Ultrapro QQQ Add +0.3% 0.82% +0.08
FIW First Trust Water ETF Add +19.1% 0.52% +0.07
IRM Iron Mountain Inc. Add +0.8% 1.39% +0.06
DLR Digital Realty Trust Inc. Add +24.9% 0.29% +0.05
XHB SS SPDR S&P Homebldrs ETF Add +0.2% 0.90% +0.05
XOM Exxon Mobil Corp. Add +0.5% 0.70% +0.04
RSPS Invesco S&P 500 Equal Weight Add +21.9% 0.24% +0.03
LAMR Lamar Advertising Co. Class A Add +1.9% 0.91% +0.03
ORMP Oramed Pharmaceuticals Inc. New 0.03% +0.03
COST Costco Wholesale Corp. Add +4.1% 0.49% +0.02
ABBV Abbvie Inc. Add +0.2% 0.33% +0.02
OKE Oneok Inc. Add +1.4% 0.44% +0.02
MVV Proshares Ultra MIDCAP400 Add +0.1% 0.27% +0.02
JPM JPMorgan Chase & Co. Add +0.5% 0.19% +0.01
ET Energy Transfer LP Add +2.2% 0.17% +0.01
IWF iShares Russell 1000 Growth Add +0.1% 0.84% +0.01
RSPT Invesco S&P 500 Equal Weight Add +6.8% 0.18% +0.01
WMB Williams Cos Inc. Add +1.2% 0.20% +0.01
CEDAR FAIR LP Add +7.3% 0.17% +0.00
KYN Kayne Anderson Energy Infra Add +2.5% 0.06% +0.00
PHO Invesco Water Resources ETF Add +0.9% 4.25% +0.00
HD Home Depot Inc. Add +0.1% 0.37% +0.00
XLI SS Industrial Select Sector Add +0.3% 0.13% +0.00
F Ford Motor Co. Add +1.5% 0.08% +0.00
AVK Advent Convert & Income Add +5.1% 0.13% +0.00
COP Conocophillips Add +0.6% 0.14% +0.00
IVV iShares Core S&P 500 ETF Add +0.1% 0.50% −0.00
JEF Jefferies Financial Group Inc. Add +0.7% 0.26% −0.00
VTI VG Morningstar TS MKT ETF-US Add +0.2% 0.22% −0.00
CBRE GBL REAL ESTATE INC FD Add +6.9% 0.05% −0.00
VYM Vanguard High DVD Yield ETF Add +0.5% 0.16% −0.00
IJH iShares Core S&P Midcap ETF Add +0.3% 0.73% −0.00
IYT iShares US Transportation Et Add +0.2% 0.12% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.1% 4.18% −0.00
IHI iShares U.S. Medical Devices Add +0.0% 0.33% −0.01
IFRA iShares US Infrastructure Add +0.1% 0.26% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 166$256.2MNVDA, XLK, PAVE, QQQ, SPY
Q1 2026 163$212.8MNVDA, PAVE, XLK, QQQ, SPY
Q4 2025 161$216.4MNVDA, PAVE, XLK, QQQ, SPY
Q3 2025 157$222.2MNVDA, PAVE, XLK, SPY, QQQ
Q2 2025 157$207.8MNVDA, PAVE, XLK, PHO, SPY
Q1 2025 152$184.2MPAVE, NVDA, PHO, XLK, SPY
Q4 2024 157$197.9MNVDA, PAVE, XLK, PHO, SPY
Q3 2024 161$208.2MPAVE, NVDA, PHO, SPY, XLK
Q2 2024 154$190.3MNVDA, PAVE, SPY, PHO, XLK
Q1 2024 152$184.3MPAVE, PHO, SPY, XLK, NVDA