Sage Financial Group Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), Sage Financial Group Inc. reported 100 stock positions worth $1.2 billion. Its top holding was Schwab US Large-Cap ETF (SCHX) at 46.4% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 6.4%) and Vanguard Mrngstar GR ETF-Sui (VUG, 5.1%). Compared with Q3 2024, it opened 1 new position, sold out of 5, added to 44 and reduced 37. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +29%) and the biggest sale Vanguard Mrngstr Val ETF-Aui (VTV, shares −2%).

Most Recent 13F
Q2 2026
Location
W. CONSHOHOCKEN, PA
CIK
0000882119
Portfolio Value
$1.2B (Q4 2024)
SEC Filing
0000882119-25-000001 ↗ filed Jan 23, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B $1.2B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 100 stocks · $1.2B
SCHX Schwab US Large-Cap ETF 46.39% 24,865,286 $576.4M Reduce -0.8%
IJH iShares Core S&P Midcap ETF 6.42% 1,279,555 $79.7M Add +1.8%
VUG Vanguard Mrngstar GR ETF-Sui 5.11% 154,703 $63.5M Reduce -3.8%
IJR iShares Core S&P Small-Cap E 4.77% 514,462 $59.3M Add +3.3%
VTV Vanguard Mrngstr Val ETF-Aui 4.67% 342,935 $58.1M Reduce -2.1%
VOO Vanguard S&P 500 ETF 2.63% 60,761 $32.7M Add +3.3%
VEU Vanguard Ftse All-World Ex-U 2.45% 529,697 $30.4M Add +8.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.42% 111,573 $30.1M Reduce -0.5%
SCHM Schwab US Mid Cap ETF 1.86% 831,800 $23.0M Add +0.4%
SCHV Schwab US Large-Cap Value 1.67% 794,055 $20.7M Reduce -2.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.40% 107,297 $17.4M Reduce -0.8%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.39% 61,650 $17.3M No change
SCHA Schwab US Small-Cap ETF 1.38% 664,526 $17.2M Reduce -2.5%
VNQ Vanguard Real Estate ETF 1.16% 162,018 $14.4M Add +22.0%
SCHG Schwab US Large-Cap Growth 1.15% 514,879 $14.3M Reduce -5.4%
SLYV SS SPDR S&P 600 SC Val ETF 1.09% 155,721 $13.6M Reduce -1.0%
VWO Vanguard Ftse Emerging Marke 1.07% 302,821 $13.3M Add +29.1%
SCHP Schwab U.S. Tips ETF 1.06% 510,612 $13.2M Reduce -2.6%
IWF iShares Russell 1000 Growth 0.95% 29,426 $11.8M Add +0.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.75% 35,070 $9.3M Add +3.6%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.70% 34,334 $8.7M Reduce -1.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.68% 42,878 $8.5M Add +1.4%
IGF iShares Global Infrastructur 0.52% 122,611 $6.4M Add +48.9%
MDYV SS SPDR S&P 400 MC Val ETF 0.50% 77,429 $6.2M Reduce -2.1%
VTI VG Morningstar TS MKT ETF-US 0.44% 19,025 $5.5M Add +14.6%
ACWX iShares MSCI Acwi Ex US ETF 0.43% 103,105 $5.4M Add +51.2%
TFI SS SPDR N Ice Muni Bond ETF 0.43% 117,676 $5.4M Add +0.0%
VB Vanguard Most SM-Cap ETF-Usd 0.43% 22,036 $5.3M Add +3.4%
IWD iShares Russell 1000 Value E 0.35% 23,378 $4.3M Reduce -0.2%
TIP iShares Tips Bond ETF 0.32% 37,880 $4.0M Add +24.9%
BKLN Invesco Senior Loan ETF 0.30% 179,631 $3.8M Add +83.2%
IVV iShares Core S&P 500 ETF 0.30% 6,308 $3.7M Add +6.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.30% 6,279 $3.7M Reduce -7.5%
JUST Goldman Sachs Just US LRG 0.27% 41,045 $3.4M Reduce -0.2%
IWS iShares Russell Mid-Cap Valu 0.27% 25,563 $3.3M Reduce -1.4%
EFV iShares MSCI Eafe Value ETF 0.21% 49,271 $2.6M Add +61.3%
ITOT iShares Core S&P Total U.S. 0.20% 18,915 $2.4M Add +3.4%
IWB iShares Russell 1000 ETF 0.19% 7,367 $2.4M No change
SLYG SS SPDR S&P 600 SC GR ETF 0.18% 25,204 $2.3M Add +1.3%
JPST JPMorgan Ultra-Short Income 0.17% 41,025 $2.1M Add +12.3%
IWP iShares Russell Mid-Cap Grow 0.17% 16,259 $2.1M Reduce -2.5%
IGSB iShares 1-5Y Inv Grade Corp. 0.16% 39,589 $2.0M Add +11.8%
ESML iShares ESG Aware MSCI USA S 0.15% 44,628 $1.9M Reduce -1.7%
MDYG SS SPDR S&P 400 MC GR ETF 0.15% 20,887 $1.8M Reduce -3.8%
AGG iShares Core U.S. Aggregate 0.13% 16,478 $1.6M Add +4.4%
DSI iShares ESG MSCI KLD 400 ETF 0.12% 13,112 $1.4M Reduce -23.3%
IXUS iShares Core Intl Stock ETF 0.11% 20,529 $1.4M Add +0.5%
XJH Ishare ESG SS S&P Midcap ETF 0.09% 26,906 $1.1M Add +6.5%
HDV iShares Core High Dividend E 0.07% 8,021 $900K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.07% 36,675 $868K Reduce -0.8%
BND Vanguard Total Bond Market 0.07% 11,399 $820K Add +6.6%
SCHD Schwab US DVD Equity ETF 0.07% 29,979 $819K Reduce -1.0%
SJNK SS SPDR BB St Hi Yield ETF 0.06% 30,094 $760K New
AOR iShares Core 60/40 Balanced 0.06% 13,106 $751K Reduce -5.8%
CWI State Street SPDR MSCI Acwi 0.06% 25,771 $720K No change
QQQ Invesco QQQ Trust Series 1 0.06% 1,376 $703K Reduce -1.2%
NULV Nuveen ESG Large-Cap Val ETF 0.05% 17,247 $679K Reduce -4.8%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.05% 12,926 $655K Add +5.6%
NULG Nuveen ESG LRG-Cap GRW ETF 0.05% 7,554 $648K Reduce -4.5%
EFG iShares MSCI Eafe Growth ETF 0.05% 6,666 $645K Reduce -3.1%
EMXC iShares MSCI Emr MRK Ex Chna 0.05% 11,079 $614K Add +68.4%
IVW iShares S&P 500 Growth ETF 0.05% 5,562 $565K No change
IMCV iShares Morningstar Mid-Cap 0.04% 7,486 $556K No change
IJS iShares S&P Small-Cap 600 Va 0.04% 5,043 $548K Add +13.9%
IEMG iShares Core MSCI Emerging 0.04% 10,213 $533K Add +0.2%
SUSA iShares ESG Optimized MSCI U 0.04% 4,353 $529K Add +0.1%
GII State Street SPDR S&P Global 0.04% 8,858 $524K No change
ESGE iShares Inc. iShares ESG Awar 0.04% 15,350 $513K Add +19.8%
IAT iShares US Regional Banks Et 0.04% 9,923 $500K Add +0.7%
IWN iShares Russell 2000 Value E 0.04% 3,001 $493K Reduce -2.2%
ESGD iShares Trust iShares ESG Aw 0.04% 6,411 $488K Add +1.9%
FBND Fidelity Total Bond ETF 0.04% 10,711 $481K Add +0.2%
VXUS Vanguard Total Intl Stock 0.04% 7,912 $466K Add +11.6%
BNDW Vanguard Total World Bond Et 0.04% 6,707 $457K Add +14.1%
GLD SPDR Gold Shares 0.03% 1,730 $419K Add +7.2%
IJJ iShares S&P Mid-Cap 400 Valu 0.03% 3,348 $418K Add +9.0%
SCHB Schwab US Broad Market ETF 0.03% 18,214 $413K Reduce -4.6%
USMV iShares MSCI USA Min Vol Fac 0.03% 4,598 $408K No change
EFA iShares MSCI Eafe ETF 0.03% 5,345 $404K Reduce -14.3%
IWM iShares Russell 2000 ETF 0.03% 1,734 $383K Reduce -24.7%
VIG Vanguard Dividend Apprec ETF 0.03% 1,853 $363K Reduce -0.3%
MUB iShares National Muni Bond E 0.03% 3,356 $358K Add +6.8%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.03% 750 $319K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.03% 11,808 $314K Add +19.1%
NVDA Nvidia Corp. 0.02% 2,295 $308K Reduce -2.8%
NUSC Nuveen ESG Small-Cap ETF 0.02% 7,126 $298K No change
ESGU iShares ESG Aware MSCI USA 0.02% 2,225 $287K No change
IJK iShares S&P Mid-Cap 400 Grow 0.02% 3,049 $277K No change
JNJ Johnson & Johnson 0.02% 1,840 $266K No change
IWO iShares Russell 2000 Growth 0.02% 906 $261K Reduce -23.9%
JPIB JPMorgan Intl BND ETF 0.02% 5,516 $261K Add +1.2%
IYR iShares US Real Estate ETF 0.02% 2,778 $259K Reduce -2.2%
DFAX Dimensional World Ex US Core 0.02% 10,263 $255K No change
IMCG iShares Morningstar Mid-Cap 0.02% 3,296 $249K No change
AAPL Apple Inc. 0.02% 977 $245K No change
IVE iShares S&P 500 Value ETF 0.02% 1,263 $241K Add +0.3%
ISCV iShares Morningstar Small-Ca 0.02% 3,413 $216K No change
SCHF Schwab Intl Equity ETF 0.02% 11,380 $211K Reduce -6.5%
EAGG iShares ESG Aware US Aggrega 0.02% 4,533 $211K No change
MSFT Microsoft Corp. 0.02% 477 $201K Reduce -2.0%

Portfolio Sells Q3 2024 → Q4 2024
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.1% 4.67% −0.32
IEI iShares 3-7 Year Treasury Bo Sold out 0.00% −0.20
EMB iShares JP Morgan Usd Emergi Sold out 0.00% −0.12
SCHV Schwab US Large-Cap Value Reduce -2.2% 1.67% −0.11
SCHP Schwab U.S. Tips ETF Reduce -2.6% 1.06% −0.09
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -0.8% 1.40% −0.08
SCHA Schwab US Small-Cap ETF Reduce -2.5% 1.38% −0.05
DSI iShares ESG MSCI KLD 400 ETF Reduce -23.3% 0.12% −0.04
VWOB Vanguard Emerg MKTS Gov BND Sold out 0.00% −0.03
SLYV SS SPDR S&P 600 SC Val ETF Reduce -1.0% 1.09% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -7.5% 0.30% −0.02
ICLN iShares Global Clean Energy Sold out 0.00% −0.02
EWX State Street SPDR S&P Emergi Sold out 0.00% −0.02
IWD iShares Russell 1000 Value E Reduce -0.2% 0.35% −0.01
IWS iShares Russell Mid-Cap Valu Reduce -1.4% 0.27% −0.01
MDYV SS SPDR S&P 400 MC Val ETF Reduce -2.1% 0.50% −0.01
IWM iShares Russell 2000 ETF Reduce -24.7% 0.03% −0.01
EFA iShares MSCI Eafe ETF Reduce -14.3% 0.03% −0.01
MDYG SS SPDR S&P 400 MC GR ETF Reduce -3.8% 0.15% −0.01
EFG iShares MSCI Eafe Growth ETF Reduce -3.1% 0.05% −0.01
NULV Nuveen ESG Large-Cap Val ETF Reduce -4.8% 0.05% −0.01
AOR iShares Core 60/40 Balanced Reduce -5.8% 0.06% −0.01
IWO iShares Russell 2000 Growth Reduce -23.9% 0.02% −0.01
ESML iShares ESG Aware MSCI USA S Reduce -1.7% 0.15% −0.00
SCHD Schwab US DVD Equity ETF Reduce -1.0% 0.07% −0.00
SCHF Schwab Intl Equity ETF Reduce -6.5% 0.02% −0.00
IYR iShares US Real Estate ETF Reduce -2.2% 0.02% −0.00
SCHG Schwab US Large-Cap Growth Reduce -5.4% 1.15% −0.00
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -0.8% 0.07% −0.00
IWN iShares Russell 2000 Value E Reduce -2.2% 0.04% −0.00
SCHB Schwab US Broad Market ETF Reduce -4.6% 0.03% −0.00
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -4.5% 0.05% −0.00
MSFT Microsoft Corp. Reduce -2.0% 0.02% −0.00
VIG Vanguard Dividend Apprec ETF Reduce -0.3% 0.03% −0.00
JUST Goldman Sachs Just US LRG Reduce -0.2% 0.27% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -1.2% 0.06% +0.00
NVDA Nvidia Corp. Reduce -2.8% 0.02% +0.00
IWP iShares Russell Mid-Cap Grow Reduce -2.5% 0.17% +0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.5% 2.42% +0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -1.1% 0.70% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -3.8% 5.11% +0.06
SCHX Schwab US Large-Cap ETF Reduce -0.8% 46.39% +0.08

Portfolio Buys Q3 2024 → Q4 2024
VWO Vanguard Ftse Emerging Marke Add +29.1% 1.07% +0.16
IGF iShares Global Infrastructur Add +48.9% 0.52% +0.15
BKLN Invesco Senior Loan ETF Add +83.2% 0.30% +0.14
ACWX iShares MSCI Acwi Ex US ETF Add +51.2% 0.43% +0.11
VNQ Vanguard Real Estate ETF Add +22.0% 1.16% +0.10
VOO Vanguard S&P 500 ETF Add +3.3% 2.63% +0.10
EFV iShares MSCI Eafe Value ETF Add +61.3% 0.21% +0.06
SJNK SS SPDR BB St Hi Yield ETF New 0.06% +0.06
VTI VG Morningstar TS MKT ETF-US Add +14.6% 0.44% +0.06
IWF iShares Russell 1000 Growth Add +0.7% 0.95% +0.06
TIP iShares Tips Bond ETF Add +24.9% 0.32% +0.05
IVV iShares Core S&P 500 ETF Add +6.5% 0.30% +0.02
EMXC iShares MSCI Emr MRK Ex Chna Add +68.4% 0.05% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +3.6% 0.75% +0.02
JPST JPMorgan Ultra-Short Income Add +12.3% 0.17% +0.01
IJH iShares Core S&P Midcap ETF Add +1.8% 6.42% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +3.4% 0.43% +0.01
IGSB iShares 1-5Y Inv Grade Corp. Add +11.8% 0.16% +0.01
IJR iShares Core S&P Small-Cap E Add +3.3% 4.77% +0.01
ITOT iShares Core S&P Total U.S. Add +3.4% 0.20% +0.01
IJS iShares S&P Small-Cap 600 Va Add +13.9% 0.04% +0.01
XJH Ishare ESG SS S&P Midcap ETF Add +6.5% 0.09% +0.00
ESGE iShares Inc. iShares ESG Awar Add +19.8% 0.04% +0.00
BNDW Vanguard Total World Bond Et Add +14.1% 0.04% +0.00
IJJ iShares S&P Mid-Cap 400 Valu Add +9.0% 0.03% +0.00
IAT iShares US Regional Banks Et Add +0.7% 0.04% +0.00
JMST JPM Ultra-Short Muni Income Add +5.6% 0.05% +0.00
GLD SPDR Gold Shares Add +7.2% 0.03% +0.00
SCHE Schwab Emrg Mrkts Eqty ETF Add +19.1% 0.03% +0.00
MUB iShares National Muni Bond E Add +6.8% 0.03% +0.00
BND Vanguard Total Bond Market Add +6.6% 0.07% +0.00
VXUS Vanguard Total Intl Stock Add +11.6% 0.04% 0.00
SUSA iShares ESG Optimized MSCI U Add +0.1% 0.04% −0.00
JPIB JPMorgan Intl BND ETF Add +1.2% 0.02% −0.00
IVE iShares S&P 500 Value ETF Add +0.3% 0.02% −0.00
AGG iShares Core U.S. Aggregate Add +4.4% 0.13% −0.00
FBND Fidelity Total Bond ETF Add +0.2% 0.04% −0.00
ESGD iShares Trust iShares ESG Aw Add +1.9% 0.04% −0.00
IEMG iShares Core MSCI Emerging Add +0.2% 0.04% −0.00
SLYG SS SPDR S&P 600 SC GR ETF Add +1.3% 0.18% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.4% 0.68% −0.01
IXUS iShares Core Intl Stock ETF Add +0.5% 0.11% −0.01
TFI SS SPDR N Ice Muni Bond ETF Add +0.0% 0.43% −0.02
SCHM Schwab US Mid Cap ETF Add +0.4% 1.86% −0.02
VEU Vanguard Ftse All-World Ex-U Add +8.0% 2.45% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 110$1.8BSCHX, IJH, IJR, RSP, VWO
Q1 2026 107$1.5BSCHX, IJH, IJR, RSP, VTV
Q4 2025 106$1.5BSCHX, IJH, IJR, VUG, VTV
Q3 2025 97$1.5BSCHX, IJH, VUG, IJR, VTV
Q2 2025 101$1.4BSCHX, IJH, VUG, VTV, IJR
Q1 2025 102$1.2BSCHX, IJH, VTV, IJR, VUG
Q4 2024 100$1.2BSCHX, IJH, VUG, IJR, VTV
Q3 2024 104$1.2BSCHX, IJH, VUG, VTV, IJR
Q2 2024 101$1.2BSCHX, IJH, VUG, VTV, IJR
Q1 2024 102$1.1BSCHX, IJH, VUG, VTV, IJR