Sage Financial Group Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Sage Financial Group Inc. reported 102 stock positions worth $1.2 billion. Its top holding was Schwab US Large-Cap ETF (SCHX) at 45.2% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 6.2%) and Vanguard Mrngstr Val ETF-Aui (VTV, 4.9%). Compared with Q4 2024, it opened 5 new positions, sold out of 3, added to 53 and reduced 32. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +126%) and the biggest sale Invesco Senior Loan ETF (BKLN, shares −49%).

Most Recent 13F
Q2 2026
Location
W. CONSHOHOCKEN, PA
CIK
0000882119
Portfolio Value
$1.2B (Q1 2025)
SEC Filing
0000882119-25-000005 ↗ filed Apr 22, 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 Q4 2024 Q1 2025: $1.2B $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 102 stocks · $1.2B
SCHX Schwab US Large-Cap ETF 45.20% 25,345,106 $559.6M Add +1.9%
IJH iShares Core S&P Midcap ETF 6.23% 1,321,033 $77.1M Add +3.2%
VTV Vanguard Mrngstr Val ETF-Aui 4.95% 354,706 $61.3M Add +3.4%
IJR iShares Core S&P Small-Cap E 4.82% 570,963 $59.7M Add +11.0%
VUG Vanguard Mrngstar GR ETF-Sui 4.68% 156,187 $57.9M Add +1.0%
VEU Vanguard Ftse All-World Ex-U 2.97% 606,927 $36.8M Add +14.6%
VOO Vanguard S&P 500 ETF 2.52% 60,832 $31.3M Add +0.1%
VWO Vanguard Ftse Emerging Marke 2.50% 683,460 $30.9M Add +125.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.33% 112,015 $28.8M Add +0.4%
SCHM Schwab US Mid Cap ETF 2.05% 968,327 $25.4M Add +16.4%
SCHV Schwab US Large-Cap Value 1.68% 784,094 $20.8M Reduce -1.3%
VNQ Vanguard Real Estate ETF 1.42% 194,788 $17.6M Add +20.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.38% 106,770 $17.1M Reduce -0.5%
SCHA Schwab US Small-Cap ETF 1.29% 681,411 $16.0M Add +2.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.29% 63,375 $16.0M Add +2.8%
SCHP Schwab U.S. Tips ETF 1.21% 558,699 $15.0M Add +9.4%
SCHG Schwab US Large-Cap Growth 1.01% 501,828 $12.6M Reduce -2.5%
SLYV SS SPDR S&P 600 SC Val ETF 0.99% 156,344 $12.3M Add +0.4%
IWF iShares Russell 1000 Growth 0.86% 29,346 $10.6M Reduce -0.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.76% 36,192 $9.4M Add +3.2%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.68% 34,532 $8.4M Add +0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.68% 44,966 $8.4M Add +4.9%
IGF iShares Global Infrastructur 0.51% 115,704 $6.3M Reduce -5.6%
MDYV SS SPDR S&P 400 MC Val ETF 0.48% 76,374 $5.9M Reduce -1.4%
TFI SS SPDR N Ice Muni Bond ETF 0.42% 116,575 $5.3M Reduce -0.9%
VB Vanguard Most SM-Cap ETF-Usd 0.42% 23,656 $5.2M Add +7.3%
VTI VG Morningstar TS MKT ETF-US 0.41% 18,384 $5.1M Reduce -3.4%
ACWX iShares MSCI Acwi Ex US ETF 0.40% 89,124 $4.9M Reduce -13.6%
IWD iShares Russell 1000 Value E 0.35% 23,311 $4.4M Reduce -0.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.31% 6,888 $3.9M Add +9.7%
IVV iShares Core S&P 500 ETF 0.29% 6,346 $3.6M Add +0.6%
JUST Goldman Sachs Just US LRG 0.27% 41,981 $3.3M Add +2.3%
IWS iShares Russell Mid-Cap Valu 0.26% 25,430 $3.2M Reduce -0.5%
TIP iShares Tips Bond ETF 0.25% 28,387 $3.2M Reduce -25.1%
EFV iShares MSCI Eafe Value ETF 0.19% 40,298 $2.4M Reduce -18.2%
ITOT iShares Core S&P Total U.S. 0.18% 18,525 $2.3M Reduce -2.1%
IWB iShares Russell 1000 ETF 0.18% 7,367 $2.3M No change
JPST JPMorgan Ultra-Short Income 0.18% 43,322 $2.2M Add +5.6%
SLYG SS SPDR S&P 600 SC GR ETF 0.17% 25,533 $2.1M Add +1.3%
BKLN Invesco Senior Loan ETF 0.15% 91,647 $1.9M Reduce -49.0%
IWP iShares Russell Mid-Cap Grow 0.15% 15,935 $1.9M Reduce -2.0%
ESML iShares ESG Aware MSCI USA S 0.14% 45,134 $1.7M Add +1.1%
AGG iShares Core U.S. Aggregate 0.13% 16,686 $1.7M Add +1.3%
IGSB iShares 1-5Y Inv Grade Corp. 0.13% 29,996 $1.6M Reduce -24.2%
MDYG SS SPDR S&P 400 MC GR ETF 0.12% 18,842 $1.5M Reduce -9.8%
IXUS iShares Core Intl Stock ETF 0.12% 20,529 $1.4M No change
DSI iShares ESG MSCI KLD 400 ETF 0.11% 13,056 $1.3M Reduce -0.4%
XJH Ishare ESG SS S&P Midcap ETF 0.09% 27,656 $1.1M Add +2.8%
HDV iShares Core High Dividend E 0.08% 8,021 $972K No change
GLD SPDR Gold Shares 0.08% 3,334 $961K Add +92.7%
FNDX Schwab Fndmntl US LRG Co. ETF 0.07% 36,735 $867K Add +0.2%
SJNK SS SPDR BB St Hi Yield ETF 0.07% 33,522 $843K Add +11.4%
BND Vanguard Total Bond Market 0.07% 11,222 $824K Reduce -1.6%
QQQ Invesco QQQ Trust Series 1 0.07% 1,754 $822K Add +27.5%
SCHD Schwab US DVD Equity ETF 0.06% 27,708 $775K Reduce -7.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.06% 15,040 $765K Add +16.4%
CWI State Street SPDR MSCI Acwi 0.06% 25,771 $762K No change
AOR iShares Core 60/40 Balanced 0.06% 13,106 $755K No change
EFG iShares MSCI Eafe Growth ETF 0.06% 7,351 $735K Add +10.3%
NULV Nuveen ESG Large-Cap Val ETF 0.06% 17,075 $691K Reduce -1.0%
NULG Nuveen ESG LRG-Cap GRW ETF 0.05% 7,559 $592K Add +0.1%
IEMG iShares Core MSCI Emerging 0.05% 10,484 $566K Add +2.6%
ESGE iShares Inc. iShares ESG Awar 0.04% 15,764 $551K Add +2.7%
GII State Street SPDR S&P Global 0.04% 8,858 $549K No change
ESGD iShares Trust iShares ESG Aw 0.04% 6,599 $539K Add +2.9%
IMCV iShares Morningstar Mid-Cap 0.04% 7,211 $535K Reduce -3.7%
SCHB Schwab US Broad Market ETF 0.04% 24,060 $518K Add +32.1%
IVW iShares S&P 500 Growth ETF 0.04% 5,562 $516K No change
IJS iShares S&P Small-Cap 600 Va 0.04% 5,169 $504K Add +2.5%
SUSA iShares ESG Optimized MSCI U 0.04% 4,372 $502K Add +0.4%
FBND Fidelity Total Bond ETF 0.04% 10,720 $489K Add +0.1%
EMXC iShares MSCI Emr MRK Ex Chna 0.04% 8,749 $482K Reduce -21.0%
VXUS Vanguard Total Intl Stock 0.04% 7,637 $474K Reduce -3.5%
IWN iShares Russell 2000 Value E 0.04% 3,108 $469K Add +3.6%
BNDW Vanguard Total World Bond Et 0.04% 6,798 $468K Add +1.4%
IAT iShares US Regional Banks Et 0.04% 9,971 $465K Add +0.5%
SCHE Schwab Emrg Mrkts Eqty ETF 0.04% 16,811 $463K Add +42.4%
VYM Vanguard High DVD Yield ETF 0.04% 3,488 $450K New
EFA iShares MSCI Eafe ETF 0.03% 5,290 $432K Reduce -1.0%
IWM iShares Russell 2000 ETF 0.03% 2,119 $423K Add +22.2%
USMV iShares MSCI USA Min Vol Fac 0.03% 4,405 $413K Reduce -4.2%
IJJ iShares S&P Mid-Cap 400 Valu 0.03% 3,329 $399K Reduce -0.6%
VIG Vanguard Dividend Apprec ETF 0.03% 1,848 $358K Reduce -0.3%
MUB iShares National Muni Bond E 0.03% 3,358 $354K Add +0.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.03% 750 $315K No change
JNJ Johnson & Johnson 0.02% 1,798 $298K Reduce -2.3%
IYR iShares US Real Estate ETF 0.02% 2,978 $285K Add +7.2%
SCHF Schwab Intl Equity ETF 0.02% 13,973 $276K Add +22.8%
NUSC Nuveen ESG Small-Cap ETF 0.02% 7,126 $273K No change
ESGU iShares ESG Aware MSCI USA 0.02% 2,225 $271K No change
DFAX Dimensional World Ex US Core 0.02% 10,263 $269K No change
JPIB JPMorgan Intl BND ETF 0.02% 5,516 $264K No change
EAGG iShares ESG Aware US Aggrega 0.02% 5,545 $263K Add +22.3%
IJK iShares S&P Mid-Cap 400 Grow 0.02% 2,949 $246K Reduce -3.3%
IVE iShares S&P 500 Value ETF 0.02% 1,266 $241K Add +0.2%
IMCG iShares Morningstar Mid-Cap 0.02% 3,297 $236K Add +0.0%
AIQ Global X Art Intel & Tech 0.02% 6,248 $227K New
VDC Vanguard Consumer Staple ETF 0.02% 1,035 $226K New
SCHZ Schwab US Aggregate Bond ETF 0.02% 9,652 $224K New
AAPL Apple Inc. 0.02% 947 $210K Reduce -3.1%
ISCV iShares Morningstar Small-Ca 0.02% 3,444 $204K Add +0.9%
ICLN iShares Global Clean Energy 0.01% 13,517 $154K New

Portfolio Sells Q4 2024 → Q1 2025
BKLN Invesco Senior Loan ETF Reduce -49.0% 0.15% −0.15
SCHG Schwab US Large-Cap Growth Reduce -2.5% 1.01% −0.14
IWF iShares Russell 1000 Growth Reduce -0.3% 0.86% −0.10
TIP iShares Tips Bond ETF Reduce -25.1% 0.25% −0.07
IGSB iShares 1-5Y Inv Grade Corp. Reduce -24.2% 0.13% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -3.4% 0.41% −0.04
ACWX iShares MSCI Acwi Ex US ETF Reduce -13.6% 0.40% −0.03
MDYG SS SPDR S&P 400 MC GR ETF Reduce -9.8% 0.12% −0.03
NVDA Nvidia Corp. Sold out 0.00% −0.02
MDYV SS SPDR S&P 400 MC Val ETF Reduce -1.4% 0.48% −0.02
IWO iShares Russell 2000 Growth Sold out 0.00% −0.02
EFV iShares MSCI Eafe Value ETF Reduce -18.2% 0.19% −0.02
MSFT Microsoft Corp. Sold out 0.00% −0.02
IWP iShares Russell Mid-Cap Grow Reduce -2.0% 0.15% −0.01
ITOT iShares Core S&P Total U.S. Reduce -2.1% 0.18% −0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -0.5% 1.38% −0.01
EMXC iShares MSCI Emr MRK Ex Chna Reduce -21.0% 0.04% −0.01
DSI iShares ESG MSCI KLD 400 ETF Reduce -0.4% 0.11% −0.01
TFI SS SPDR N Ice Muni Bond ETF Reduce -0.9% 0.42% −0.01
IWS iShares Russell Mid-Cap Valu Reduce -0.5% 0.26% −0.01
IGF iShares Global Infrastructur Reduce -5.6% 0.51% −0.00
SCHD Schwab US DVD Equity ETF Reduce -7.6% 0.06% −0.00
AAPL Apple Inc. Reduce -3.1% 0.02% −0.00
IJK iShares S&P Mid-Cap 400 Grow Reduce -3.3% 0.02% −0.00
IJJ iShares S&P Mid-Cap 400 Valu Reduce -0.6% 0.03% −0.00
IMCV iShares Morningstar Mid-Cap Reduce -3.7% 0.04% −0.00
VIG Vanguard Dividend Apprec ETF Reduce -0.3% 0.03% −0.00
USMV iShares MSCI USA Min Vol Fac Reduce -4.2% 0.03% +0.00
BND Vanguard Total Bond Market Reduce -1.6% 0.07% +0.00
VXUS Vanguard Total Intl Stock Reduce -3.5% 0.04% +0.00
NULV Nuveen ESG Large-Cap Val ETF Reduce -1.0% 0.06% +0.00
EFA iShares MSCI Eafe ETF Reduce -1.0% 0.03% +0.00
JNJ Johnson & Johnson Reduce -2.3% 0.02% +0.00
IWD iShares Russell 1000 Value E Reduce -0.3% 0.35% +0.01
SCHV Schwab US Large-Cap Value Reduce -1.3% 1.68% +0.02

Portfolio Buys Q4 2024 → Q1 2025
VWO Vanguard Ftse Emerging Marke Add +125.7% 2.50% +1.42
VEU Vanguard Ftse All-World Ex-U Add +14.6% 2.97% +0.53
VTV Vanguard Mrngstr Val ETF-Aui Add +3.4% 4.95% +0.28
VNQ Vanguard Real Estate ETF Add +20.2% 1.42% +0.26
SCHM Schwab US Mid Cap ETF Add +16.4% 2.05% +0.19
SCHP Schwab U.S. Tips ETF Add +9.4% 1.21% +0.15
IJR iShares Core S&P Small-Cap E Add +11.0% 4.82% +0.05
GLD SPDR Gold Shares Add +92.7% 0.08% +0.04
VYM Vanguard High DVD Yield ETF New 0.04% +0.04
AIQ Global X Art Intel & Tech New 0.02% +0.02
VDC Vanguard Consumer Staple ETF New 0.02% +0.02
SCHZ Schwab US Aggregate Bond ETF New 0.02% +0.02
SPY SS SPDR S&P 500 ETF Trust-US Add +9.7% 0.31% +0.01
ICLN iShares Global Clean Energy New 0.01% +0.01
SCHE Schwab Emrg Mrkts Eqty ETF Add +42.4% 0.04% +0.01
JPST JPMorgan Ultra-Short Income Add +5.6% 0.18% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +3.2% 0.76% +0.01
QQQ Invesco QQQ Trust Series 1 Add +27.5% 0.07% +0.01
JMST JPM Ultra-Short Muni Income Add +16.4% 0.06% +0.01
SCHB Schwab US Broad Market ETF Add +32.1% 0.04% +0.01
EFG iShares MSCI Eafe Growth ETF Add +10.3% 0.06% +0.01
SJNK SS SPDR BB St Hi Yield ETF Add +11.4% 0.07% +0.01
SCHF Schwab Intl Equity ETF Add +22.8% 0.02% +0.01
AGG iShares Core U.S. Aggregate Add +1.3% 0.13% +0.00
ESGD iShares Trust iShares ESG Aw Add +2.9% 0.04% +0.00
EAGG iShares ESG Aware US Aggrega Add +22.3% 0.02% +0.00
IWM iShares Russell 2000 ETF Add +22.2% 0.03% +0.00
ESGE iShares Inc. iShares ESG Awar Add +2.7% 0.04% +0.00
IEMG iShares Core MSCI Emerging Add +2.6% 0.05% +0.00
IYR iShares US Real Estate ETF Add +7.2% 0.02% +0.00
BNDW Vanguard Total World Bond Et Add +1.4% 0.04% +0.00
FBND Fidelity Total Bond ETF Add +0.1% 0.04% +0.00
FNDX Schwab Fndmntl US LRG Co. ETF Add +0.2% 0.07% +0.00
IVE iShares S&P 500 Value ETF Add +0.2% 0.02% +0.00
MUB iShares National Muni Bond E Add +0.1% 0.03% −0.00
ISCV iShares Morningstar Small-Ca Add +0.9% 0.02% −0.00
IMCG iShares Morningstar Mid-Cap Add +0.0% 0.02% −0.00
IWN iShares Russell 2000 Value E Add +3.6% 0.04% −0.00
SUSA iShares ESG Optimized MSCI U Add +0.4% 0.04% −0.00
VB Vanguard Most SM-Cap ETF-Usd Add +7.3% 0.42% −0.00
IAT iShares US Regional Banks Et Add +0.5% 0.04% −0.00
XJH Ishare ESG SS S&P Midcap ETF Add +2.8% 0.09% −0.00
IJS iShares S&P Small-Cap 600 Va Add +2.5% 0.04% −0.00
NULG Nuveen ESG LRG-Cap GRW ETF Add +0.1% 0.05% −0.00
JUST Goldman Sachs Just US LRG Add +2.3% 0.27% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +4.9% 0.68% −0.01
IVV iShares Core S&P 500 ETF Add +0.6% 0.29% −0.01
ESML iShares ESG Aware MSCI USA S Add +1.1% 0.14% −0.01
SLYG SS SPDR S&P 600 SC GR ETF Add +1.3% 0.17% −0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +0.6% 0.68% −0.02

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