Sage Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Sage Capital Management, LLC reported 161 stock positions worth $216.4 million. Its top holding was Nvidia (NVDA) at 6.8% of the portfolio, followed by Global X US Infrastructure (PAVE, 4.7%) and SS Technology Select Sector (XLK, 4.4%). Compared with Q3 2025, it opened 8 new positions, sold out of 4, added to 63 and reduced 63. The biggest buy was Xtrackers MSCI Eafe Hedged E (DBEF, shares +80%) and the biggest sale SS SPDR F Inno Tech ETF (XITK, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- Stockton, NJ
- CIK
- 0002030667
- Portfolio Value
- $216.4M (Q4 2025)
- SEC Filing
- 0001172661-26-000200 ↗ filed Jan 15, 2026
Holdings Value
Holdings 161 stocks · $216.4M
| NVDA Nvidia Corp. | 6.78% | 78,620 | $14.7M | Add +2.1% |
| PAVE Global X US Infrastructure | 4.70% | 212,866 | $10.2M | Reduce -3.9% |
| XLK SS Technology Select Sector | 4.42% | 66,424 | $9.6M | Reduce -2.4% |
| QQQ Invesco QQQ Trust Series 1 | 4.01% | 14,090 | $8.7M | Add +4.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.88% | 12,312 | $8.4M | Add +0.2% |
| PHO Invesco Water Resources ETF | 3.23% | 99,399 | $7.0M | Reduce -8.7% |
| STXF Strive 500 ETF | 2.74% | 134,675 | $5.9M | Add +4.3% |
| HACK Amplify Cybersecurity ETF | 2.53% | 68,221 | $5.5M | Reduce -7.2% |
| RSP Invesco S&P 500 Equal Weight | 2.44% | 27,493 | $5.3M | Add +2.1% |
| XLP SS Consumer Staples Sel Sect | 2.27% | 63,209 | $4.9M | Add +0.1% |
| CWB SS SPDR BB Conv Sec ETF | 2.04% | 49,425 | $4.4M | Add +0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.02% | 14,749 | $4.4M | Reduce -2.5% |
| DON Wisdomtree US Midcap Dividen | 1.91% | 80,059 | $4.1M | Reduce -8.6% |
| XITK SS SPDR F Inno Tech ETF | 1.69% | 20,504 | $3.7M | Reduce -22.6% |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 1.63% | 239,661 | $3.5M | Reduce -6.2% |
| QTUM Defiance Quantum ETF | 1.61% | 31,829 | $3.5M | Reduce -7.2% |
| DBEF Xtrackers MSCI Eafe Hedged E | 1.59% | 71,385 | $3.4M | Add +80.2% |
| BOTZ Global X Robotics & Artifici | 1.56% | 93,420 | $3.4M | Reduce -9.3% |
| SDY SS SPDR S&P Dividend ETF | 1.52% | 23,600 | $3.3M | Add +0.6% |
| MINT PIMCO Enhanced Short Maturit | 1.43% | 30,825 | $3.1M | Reduce -23.3% |
| AAPL Apple Inc. | 1.28% | 10,201 | $2.8M | Reduce -24.5% |
| MSFT Microsoft Corp. | 1.14% | 5,104 | $2.5M | Reduce -12.2% |
| JEPI JPMorgan Equity Premium Inco | 1.12% | 42,233 | $2.4M | Add +24.3% |
| CIBR First Trust Nasdaq Cybersecu | 1.08% | 32,760 | $2.3M | Reduce -1.8% |
| XBI SS SPDR S&P Biotech ETF | 1.05% | 18,673 | $2.3M | Reduce -3.5% |
| GRID First TRST Nasd Class Edg Sgiif | 1.04% | 14,751 | $2.3M | Reduce -3.3% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.04% | 27,210 | $2.3M | Reduce -6.8% |
| IWF iShares Russell 1000 Growth | 0.95% | 4,331 | $2.1M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.93% | 4,166 | $2.0M | Add +0.2% |
| DTCR Global X Data Center & Digit | 0.90% | 92,623 | $2.0M | Add +8.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.90% | 3,871 | $1.9M | Add +1.3% |
| PBJ Invesco Food & Beverage ETF | 0.89% | 43,179 | $1.9M | Reduce -14.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.87% | 3,997 | $1.9M | Reduce -0.3% |
| HEDJ Wisdomtree Europe Hedged Equ | 0.85% | 34,484 | $1.8M | Reduce -3.0% |
| LAMR Lamar Advertising Co. Class A | 0.84% | 14,386 | $1.8M | Add +0.9% |
| SDOG Alps Sector Dividend Dogs | 0.80% | 28,740 | $1.7M | Add +0.2% |
| SKYY First Trust Cloud Computing | 0.78% | 12,992 | $1.7M | Reduce -0.1% |
| FDN First Trust DJ Internet Ind | 0.71% | 5,709 | $1.5M | Reduce -6.0% |
| TQQQ Proshares Ultrapro QQQ | 0.71% | 29,043 | $1.5M | Reduce -36.6% |
| AMZN Amazon.com Inc. | 0.65% | 6,090 | $1.4M | Reduce -9.8% |
| IJH iShares Core S&P Midcap ETF | 0.62% | 20,217 | $1.3M | Add +0.4% |
| SPHQ Invesco S&P 500 Quality ETF | 0.61% | 17,480 | $1.3M | Reduce -1.0% |
| FIW First Trust Water ETF | 0.60% | 11,930 | $1.3M | Add +5.3% |
| AMT American Tower Corp. | 0.58% | 7,087 | $1.2M | Reduce -8.4% |
| IVV iShares Core S&P 500 ETF | 0.54% | 1,702 | $1.2M | Reduce -5.5% |
| XLV SS Health Care Select Sector | 0.54% | 7,531 | $1.2M | Reduce -1.1% |
| VTIP Vanguard Short-Term Tips | 0.53% | 23,402 | $1.2M | Add +2.3% |
| EWU iShares MSCI United Kingdom | 0.53% | 26,189 | $1.2M | Add +1.4% |
| HQH Abrdn Healthcare Investors | 0.53% | 60,044 | $1.1M | Reduce -1.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.53% | 26,623 | $1.1M | Reduce -0.4% |
| XHB SS SPDR S&P Homebldrs ETF | 0.51% | 10,734 | $1.1M | Reduce -6.8% |
| PSA Public Storage | 0.48% | 4,000 | $1.0M | Reduce -9.1% |
| XLB SS Materials Select Sector | 0.46% | 22,066 | $1.0M | Add +0.3% |
| COST Costco Wholesale Corp. | 0.44% | 1,099 | $949K | Reduce -0.1% |
| SPHD Invesco S&P 500 High Dividen | 0.44% | 19,638 | $943K | Add +2.0% |
| AMD Advanced Micro Devices | 0.43% | 4,329 | $929K | Add +13.3% |
| XOM Exxon Mobil Corp. | 0.40% | 7,274 | $876K | Reduce -10.5% |
| AXP American Express Co. | 0.40% | 2,324 | $860K | Reduce -6.8% |
| LIT Global X Lithium & Battery T | 0.39% | 12,912 | $838K | Add +1.5% |
| NKE Nike Inc. Class B | 0.39% | 13,146 | $838K | New |
| OKE Oneok Inc. | 0.38% | 11,219 | $825K | Add +0.6% |
| ABBV Abbvie Inc. | 0.37% | 3,477 | $795K | Add +0.2% |
| TECL Dire Dai Tec Bull 3X ETF-Usd | 0.36% | 6,702 | $788K | Add +3.1% |
| LLY Eli Lilly & Co. | 0.36% | 729 | $785K | No change |
| VAW Vanguard Materials ETF | 0.36% | 3,767 | $783K | Reduce -6.4% |
| VIG Vanguard Dividend Apprec ETF | 0.35% | 3,463 | $761K | Add +0.4% |
| STAG Stag Industrial Inc. | 0.35% | 20,680 | $760K | Reduce -10.4% |
| ECL Ecolab Inc. | 0.35% | 2,845 | $747K | Add +0.0% |
| MAR Marriott International Class A | 0.31% | 2,172 | $674K | Reduce -0.1% |
| DLR Digital Realty Trust Inc. | 0.31% | 4,274 | $661K | Add +14.5% |
| XLY SS Consumer Disc Select Sect | 0.30% | 5,512 | $658K | Add +0.1% |
| WMT Walmart Inc. | 0.29% | 5,677 | $633K | Reduce -0.0% |
| GOOGL Alphabet Inc. Class A | 0.29% | 1,975 | $619K | Reduce -23.6% |
| META Meta Platforms Inc. Class A | 0.27% | 893 | $591K | Reduce -0.2% |
| VCIT Vanguard Int-Term Corporate | 0.27% | 6,979 | $585K | Add +1.1% |
| IFRA iShares US Infrastructure | 0.27% | 11,007 | $579K | Add +0.1% |
| LTC LTC Properties Inc. filed as LTC PPTYS INC | 0.27% | 16,814 | $578K | Add +0.7% |
| IHI iShares U.S. Medical Devices | 0.26% | 9,196 | $572K | Add +0.0% |
| RSPU Invesco S&P 500 Equal Weight | 0.25% | 7,370 | $551K | Add +0.6% |
| IWN iShares Russell 2000 Value E | 0.25% | 3,001 | $545K | Add +0.4% |
| HD Home Depot Inc. | 0.25% | 1,571 | $541K | Reduce -3.7% |
| PECO Phillips Edison & Company Inc. | 0.25% | 15,141 | $539K | Add +0.3% |
| INDA iShares MSCI India ETF | 0.24% | 9,664 | $522K | Reduce -0.0% |
| RKLB Rocket Lab Corp. | 0.23% | 7,257 | $506K | No change |
| IYH iShares U.S. Healthcare ETF | 0.23% | 7,726 | $503K | Add +0.4% |
| PG The Procter & Gamble Co. | 0.23% | 3,483 | $499K | Reduce -28.4% |
| OTIS Otis Worldwide Corp. | 0.22% | 5,570 | $487K | Reduce -70.0% |
| IWO iShares Russell 2000 Growth | 0.22% | 1,492 | $483K | Add +0.1% |
| DVY iShares Select Dividend ETF | 0.22% | 3,403 | $481K | Add +0.7% |
| KRE SS SPDR S&P Regional Bank | 0.22% | 7,372 | $478K | Add +0.5% |
| VNQ Vanguard Real Estate ETF | 0.22% | 5,268 | $467K | Add +0.5% |
| GD General Dynamics Corp. | 0.21% | 1,372 | $462K | No change |
| PFF iShares Preferred & Income S | 0.21% | 14,853 | $460K | Reduce -14.9% |
| XAODX Abrdn Total Dynamic Dividend | 0.20% | 44,500 | $434K | Add +15.6% |
| ABT Abbott Laboratories | 0.20% | 3,456 | $433K | Add +0.1% |
| RSPT Invesco S&P 500 Equal Weight | 0.20% | 9,286 | $423K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 1,246 | $418K | Add +0.3% |
| JPM JPMorgan Chase & Co. | 0.19% | 1,294 | $417K | Add +0.3% |
| AVK Advent Convert & Income | 0.19% | 33,200 | $416K | No change |
| IJS iShares S&P Small-Cap 600 Va | 0.19% | 3,603 | $410K | Add +0.2% |
Portfolio Sells Q3 2025 → Q4 2025
| XITK SS SPDR F Inno Tech ETF | Reduce -22.6% | 1.69% | −0.58 |
| OTIS Otis Worldwide Corp. | Reduce -70.0% | 0.22% | −0.54 |
| MINT PIMCO Enhanced Short Maturit | Reduce -23.3% | 1.43% | −0.39 |
| TQQQ Proshares Ultrapro QQQ | Reduce -36.6% | 0.71% | −0.36 |
| HACK Amplify Cybersecurity ETF | Reduce -7.2% | 2.53% | −0.34 |
| PHO Invesco Water Resources ETF | Reduce -8.7% | 3.23% | −0.30 |
| IRM Iron Mountain Inc. | Reduce -6.8% | 1.04% | −0.30 |
| AAPL Apple Inc. | Reduce -24.5% | 1.28% | −0.27 |
| MSFT Microsoft Corp. | Reduce -12.2% | 1.14% | −0.21 |
| RQI Cohen & Steers Qual Inc. RLTY | Reduce -71.6% | 0.08% | −0.21 |
| DON Wisdomtree US Midcap Dividen | Reduce -8.6% | 1.91% | −0.15 |
| PBJ Invesco Food & Beverage ETF | Reduce -14.4% | 0.89% | −0.15 |
| MVV Proshares Ultra MIDCAP400 | Sold out | 0.00% | −0.12 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -28.4% | 0.23% | −0.11 |
| IYT iShares US Transportation Et | Sold out | 0.00% | −0.10 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.10 |
| AMT American Tower Corp. | Reduce -8.4% | 0.58% | −0.09 |
| PSA Public Storage | Reduce -9.1% | 0.48% | −0.09 |
| BOTZ Global X Robotics & Artifici | Reduce -9.3% | 1.56% | −0.08 |
| PEP Pepsico Inc. | Reduce -44.5% | 0.11% | −0.08 |
| FELG Fidelity Enh LRG Cap GWTH | Reduce -33.1% | 0.16% | −0.07 |
| XHB SS SPDR S&P Homebldrs ETF | Reduce -6.8% | 0.51% | −0.06 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -1.8% | 1.08% | −0.06 |
| FDN First Trust DJ Internet Ind | Reduce -6.0% | 0.71% | −0.05 |
| JNJ Johnson & Johnson | Reduce -31.7% | 0.18% | −0.05 |
| HD Home Depot Inc. | Reduce -3.7% | 0.25% | −0.05 |
| PAVE Global X US Infrastructure | Reduce -3.9% | 4.70% | −0.05 |
| SSO Proshares Ultra S&P500 | Reduce -31.3% | 0.10% | −0.04 |
| PFF iShares Preferred & Income S | Reduce -14.9% | 0.21% | −0.04 |
| EOD Allspring Global Dividend Op | Reduce -54.5% | 0.03% | −0.04 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Reduce -6.2% | 1.63% | −0.03 |
| ARM Arm Holdings PLC-ADR | Reduce -0.0% | 0.11% | −0.03 |
| RSPS Invesco S&P 500 Equal Weight | Reduce -15.7% | 0.16% | −0.03 |
| PLTR Palantir Technologies Inc. Class A | Reduce -14.1% | 0.16% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -0.2% | 0.27% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 0.44% | −0.02 |
| T AT&T Inc. | Reduce -4.8% | 0.11% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -9.8% | 0.65% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.3% | 0.87% | −0.02 |
| STAG Stag Industrial Inc. | Reduce -10.4% | 0.35% | −0.02 |
| NSC Norfolk Southern Corp. | Reduce -10.6% | 0.11% | −0.01 |
| VAW Vanguard Materials ETF | Reduce -6.4% | 0.36% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -10.5% | 0.40% | −0.01 |
| MCD McDonald's Corp. | Reduce -8.8% | 0.13% | −0.01 |
| QTUM Defiance Quantum ETF | Reduce -7.2% | 1.61% | −0.01 |
| SKYY First Trust Cloud Computing | Reduce -0.1% | 0.78% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -5.5% | 0.54% | −0.00 |
| FDX FedEx Corp. | Reduce -22.9% | 0.11% | −0.00 |
| PLD Prologis Inc. | Reduce -12.9% | 0.10% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| DBEF Xtrackers MSCI Eafe Hedged E | Add +80.2% | 1.59% | +0.76 |
| NKE Nike Inc. Class B | New | 0.39% | +0.39 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.5% | 4.01% | +0.36 |
| NVDA Nvidia Corp. | Add +2.1% | 6.78% | +0.31 |
| JEPI JPMorgan Equity Premium Inco | Add +24.3% | 1.12% | +0.24 |
| STXF Strive 500 ETF | Add +4.3% | 2.74% | +0.23 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 3.88% | +0.20 |
| ELF Elf Beauty Inc. | New | 0.18% | +0.18 |
| VZ Verizon Communications Inc. | New | 0.17% | +0.17 |
| AMD Advanced Micro Devices | Add +13.3% | 0.43% | +0.15 |
| RSP Invesco S&P 500 Equal Weight | Add +2.1% | 2.44% | +0.14 |
| DTCR Global X Data Center & Digit | Add +8.5% | 0.90% | +0.12 |
| IDVO Amplify CWP Intl Enh DVD Inc. | New | 0.10% | +0.10 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.10% | +0.10 |
| GGT Gabelli Multimedia Trust Inc. | New | 0.08% | +0.08 |
| LIT Global X Lithium & Battery T | Add +1.5% | 0.39% | +0.06 |
| RMT Royce Micro-Cap Trust Inc. | New | 0.06% | +0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Add +0.2% | 0.93% | +0.06 |
| LAMR Lamar Advertising Co. Class A | Add +0.9% | 0.84% | +0.06 |
| NRK Nuveen NY Amt-FR Muni Inc. | New | 0.05% | +0.05 |
| EWU iShares MSCI United Kingdom | Add +1.4% | 0.53% | +0.04 |
| XLP SS Consumer Staples Sel Sect | Add +0.1% | 2.27% | +0.04 |
| SDY SS SPDR S&P Dividend ETF | Add +0.6% | 1.52% | +0.04 |
| XAODX Abrdn Total Dynamic Dividend | Add +15.6% | 0.20% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.3% | 0.90% | +0.03 |
| CWB SS SPDR BB Conv Sec ETF | Add +0.3% | 2.04% | +0.03 |
| IYH iShares U.S. Healthcare ETF | Add +0.4% | 0.23% | +0.03 |
| FIW First Trust Water ETF | Add +5.3% | 0.60% | +0.03 |
| SDOG Alps Sector Dividend Dogs | Add +0.2% | 0.80% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +0.4% | 0.62% | +0.03 |
| XLB SS Materials Select Sector | Add +0.3% | 0.46% | +0.02 |
| PPSI Pioneer Power Solutions Inc. | Add +40.0% | 0.05% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +0.4% | 0.35% | +0.02 |
| PECO Phillips Edison & Company Inc. | Add +0.3% | 0.25% | +0.02 |
| IHI iShares U.S. Medical Devices | Add +0.0% | 0.26% | +0.02 |
| DLR Digital Realty Trust Inc. | Add +14.5% | 0.31% | +0.02 |
| OKE Oneok Inc. | Add +0.6% | 0.38% | +0.01 |
| IWN iShares Russell 2000 Value E | Add +0.4% | 0.25% | +0.01 |
| VTIP Vanguard Short-Term Tips | Add +2.3% | 0.53% | +0.01 |
| KRE SS SPDR S&P Regional Bank | Add +0.5% | 0.22% | +0.01 |
| HST Host Hotels & Resorts Inc. | Add +0.7% | 0.16% | +0.01 |
| FAN First Trust Global Wind Ener | Add +0.0% | 0.12% | +0.01 |
| IJS iShares S&P Small-Cap 600 Va | Add +0.2% | 0.19% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.19% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.19% | +0.01 |
| KBE SS SPDR S&P Bank ETF | Add +0.4% | 0.18% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +1.1% | 0.27% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.6% | 0.18% | +0.01 |
| IWO iShares Russell 2000 Growth | Add +0.1% | 0.22% | +0.01 |
| ZAP GX US Electrification ETF | Add +6.5% | 0.11% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 166 | $256.2M | NVDA, XLK, PAVE, QQQ, SPY |
| Q1 2026 | 163 | $212.8M | NVDA, PAVE, XLK, QQQ, SPY |
| Q4 2025 | 161 | $216.4M | NVDA, PAVE, XLK, QQQ, SPY |
| Q3 2025 | 157 | $222.2M | NVDA, PAVE, XLK, SPY, QQQ |
| Q2 2025 | 157 | $207.8M | NVDA, PAVE, XLK, PHO, SPY |
| Q1 2025 | 152 | $184.2M | PAVE, NVDA, PHO, XLK, SPY |
| Q4 2024 | 157 | $197.9M | NVDA, PAVE, XLK, PHO, SPY |
| Q3 2024 | 161 | $208.2M | PAVE, NVDA, PHO, SPY, XLK |
| Q2 2024 | 154 | $190.3M | NVDA, PAVE, SPY, PHO, XLK |
| Q1 2024 | 152 | $184.3M | PAVE, PHO, SPY, XLK, NVDA |