Sage Financial Group Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Sage Financial Group Inc. reported 107 stock positions worth $1.5 billion. Its top holding was Schwab US Large-Cap ETF (SCHX) at 38.5% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 6.4%) and iShares Core S&P Small-Cap E (IJR, 4.9%). Compared with Q4 2025, it opened 2 new positions, sold out of 1, added to 49 and reduced 33. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +114%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −3%).

Most Recent 13F
Q2 2026
Location
W. CONSHOHOCKEN, PA
CIK
0000882119
Portfolio Value
$1.5B (Q1 2026)
SEC Filing
0000882119-26-000005 ↗ filed May 7, 2026

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 Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.5B $1.5B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 107 stocks · $1.5B
SCHX Schwab US Large-Cap ETF 38.55% 23,108,501 $592.5M Reduce -3.0%
IJH iShares Core S&P Midcap ETF 6.39% 1,454,616 $98.2M Add +3.0%
IJR iShares Core S&P Small-Cap E 4.90% 606,023 $75.3M Add +2.3%
RSP Invesco S&P 500 Equal Weight 4.62% 370,387 $71.1M Add +113.9%
VTV Vanguard Mrngstr Val ETF-Aui 4.51% 353,628 $69.4M Add +0.1%
VWO Vanguard Ftse Emerging Marke 4.38% 1,244,435 $67.3M Add +54.0%
VUG Vanguard Mrngstar GR ETF-Sui 3.97% 139,571 $61.0M Reduce -3.2%
VEU Vanguard Ftse All-World Ex-U 3.54% 724,907 $54.4M Add +9.0%
VOO Vanguard S&P 500 ETF 3.17% 81,521 $48.7M Reduce -0.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.09% 107,501 $32.1M Reduce -2.8%
SCHM Schwab US Mid Cap ETF 1.98% 984,403 $30.5M Add +1.1%
VNQ Vanguard Real Estate ETF 1.67% 289,964 $25.7M Add +11.8%
SCHV Schwab US Large-Cap Value 1.53% 772,170 $23.6M Reduce -1.2%
SCHA Schwab US Small-Cap ETF 1.33% 704,058 $20.5M Add +1.4%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.27% 64,479 $19.5M Reduce -0.3%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.25% 104,091 $19.2M Add +0.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.19% 63,826 $18.3M Add +5.2%
SCHP Schwab U.S. Tips ETF 1.08% 623,971 $16.6M Add +0.8%
SLYV SS SPDR S&P 600 SC Val ETF 0.98% 159,064 $15.0M Reduce -0.6%
SCHG Schwab US Large-Cap Growth 0.95% 502,007 $14.6M Reduce -3.0%
VB Vanguard Most SM-Cap ETF-Usd 0.92% 53,701 $14.1M Add +1.0%
IWF iShares Russell 1000 Growth 0.83% 29,794 $12.7M Add +2.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.66% 46,757 $10.2M Add +0.2%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.62% 37,115 $9.6M Add +2.3%
IEMG iShares Core MSCI Emerging 0.56% 122,865 $8.6M Add +1502.7%
IGF iShares Global Infrastructur 0.52% 119,136 $8.0M Add +1.8%
ACWX iShares MSCI Acwi Ex US ETF 0.44% 98,757 $6.8M Reduce -0.8%
MDYV SS SPDR S&P 400 MC Val ETF 0.41% 73,323 $6.2M Reduce -0.3%
IVV iShares Core S&P 500 ETF 0.33% 7,795 $5.1M Add +18.0%
IWD iShares Russell 1000 Value E 0.26% 18,547 $4.0M Add +0.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 6,086 $4.0M Reduce -0.7%
JUST Goldman Sachs Just US LRG 0.26% 42,482 $3.9M Reduce -1.8%
EFV iShares MSCI Eafe Value ETF 0.24% 48,846 $3.6M Add +1.9%
IWS iShares Russell Mid-Cap Valu 0.23% 23,963 $3.5M No change
TIP iShares Tips Bond ETF 0.20% 28,161 $3.1M Add +2.7%
SLYG SS SPDR S&P 600 SC GR ETF 0.20% 31,127 $3.0M Add +4.4%
VTI VG Morningstar TS MKT ETF-US 0.19% 9,191 $2.9M Reduce -0.3%
ITOT iShares Core S&P Total U.S. 0.17% 18,108 $2.6M Reduce -0.0%
IWB iShares Russell 1000 ETF 0.17% 7,163 $2.6M Reduce -0.2%
JPST JPMorgan Ultra-Short Income 0.16% 47,511 $2.4M Add +15.0%
MUB iShares National Muni Bond E 0.14% 20,379 $2.2M Add +12.7%
ESML iShares ESG Aware MSCI USA S 0.14% 45,152 $2.1M Reduce -1.3%
MDYG SS SPDR S&P 400 MC GR ETF 0.13% 20,486 $2.0M Add +7.5%
IXUS iShares Core Intl Stock ETF 0.12% 20,576 $1.8M No change
IWP iShares Russell Mid-Cap Grow 0.10% 12,234 $1.6M Reduce -0.8%
DSI iShares ESG MSCI KLD 400 ETF 0.10% 12,152 $1.5M Reduce -2.2%
XJH Ishare ESG SS S&P Midcap ETF 0.09% 31,562 $1.4M Add +1.9%
AOR iShares Core 60/40 Balanced 0.09% 20,677 $1.3M Reduce -1.3%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.09% 26,048 $1.3M Add +4.2%
AGG iShares Core U.S. Aggregate 0.08% 12,200 $1.2M Add +35.4%
ESGE iShares Inc. iShares ESG Awar 0.08% 26,055 $1.2M Add +66.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.08% 35,263 $1.2M Add +46.2%
SHYD Vaneck SH Hi YLD Muni 0.07% 48,703 $1.1M Reduce -19.0%
HDV iShares Core High Dividend E 0.07% 8,021 $1.1M No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.07% 36,808 $1.0M No change
EFG iShares MSCI Eafe Growth ETF 0.07% 9,161 $1.0M Add +2.5%
CWI State Street SPDR MSCI Acwi 0.06% 25,812 $944K Add +0.2%
SCHD Schwab US DVD Equity ETF 0.05% 27,521 $844K Reduce -0.7%
BKLN Invesco Senior Loan ETF 0.05% 40,364 $824K Reduce -84.7%
SCHF Schwab Intl Equity ETF 0.05% 32,654 $808K Add +219.9%
EMXC iShares MSCI Emr MRK Ex Chna 0.05% 10,034 $789K Add +14.0%
NULV Nuveen ESG Large-Cap Val ETF 0.05% 16,670 $758K Add +0.2%
QQQ Invesco QQQ Trust Series 1 0.05% 1,249 $721K Reduce -8.4%
IGSB iShares 1-5Y Inv Grade Corp. 0.05% 13,679 $719K Reduce -45.7%
IJS iShares S&P Small-Cap 600 Va 0.04% 5,526 $655K No change
ESGD iShares Trust iShares ESG Aw 0.04% 6,774 $648K Add +4.6%
VCIT Vanguard Int-Term Corporate 0.04% 7,471 $618K No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.04% 6,656 $605K Reduce -10.3%
SHV iShares 0-1 Year Treasury Bo 0.04% 5,457 $602K Add +0.6%
VXUS Vanguard Total Intl Stock 0.04% 7,783 $600K Add +10.2%
EFA iShares MSCI Eafe ETF 0.04% 6,020 $585K Add +15.8%
SUSA iShares ESG Optimized MSCI U 0.04% 4,386 $579K Add +0.1%
IVW iShares S&P 500 Growth ETF 0.04% 5,111 $578K No change
IYR iShares US Real Estate ETF 0.04% 5,911 $559K Add +22.9%
IAT iShares US Regional Banks Et 0.04% 10,242 $551K Add +0.4%
VYM Vanguard High DVD Yield ETF 0.04% 3,701 $548K Add +1.3%
IMCV iShares Morningstar Mid-Cap 0.04% 6,362 $539K Reduce -0.5%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.03% 1,082 $501K No change
IWN iShares Russell 2000 Value E 0.03% 2,520 $478K Reduce -2.1%
SCHB Schwab US Broad Market ETF 0.03% 17,730 $445K Add +0.5%
JNJ Johnson & Johnson 0.03% 1,798 $440K No change
GLD SPDR Gold Shares 0.03% 1,013 $436K New
IJJ iShares S&P Mid-Cap 400 Valu 0.03% 3,288 $436K Reduce -1.2%
USMV iShares MSCI USA Min Vol Fac 0.03% 4,690 $435K No change
GII State Street SPDR S&P Global 0.03% 5,458 $415K No change
IWM iShares Russell 2000 ETF 0.03% 1,649 $409K Reduce -0.3%
VIG Vanguard Dividend Apprec ETF 0.03% 1,862 $400K No change
SJNK SS SPDR BB St Hi Yield ETF 0.03% 15,652 $391K Add +11.2%
AOK iShares Core 30/70 Conservat 0.02% 9,495 $379K No change
DFAX Dimensional World Ex US Core 0.02% 10,263 $349K No change
NUSC Nuveen ESG Small-Cap ETF 0.02% 7,126 $321K No change
IJK iShares S&P Mid-Cap 400 Grow 0.02% 3,021 $304K No change
AIQ Global X Art Intel & Tech 0.02% 6,248 $292K No change
CAT Caterpillar Inc. 0.02% 400 $283K No change
SMH Vaneck Semiconductor ETF 0.02% 711 $273K No change
IVE iShares S&P 500 Value ETF 0.02% 1,279 $270K Add +0.2%
ESGU iShares ESG Aware MSCI USA 0.02% 1,875 $265K Reduce -3.9%
JPIB JPMorgan Intl BND ETF 0.02% 5,516 $264K No change
BNDW Vanguard Total World Bond Et 0.02% 3,774 $258K Add +12.9%
IWO iShares Russell 2000 Growth 0.02% 763 $239K No change
ICLN iShares Global Clean Energy 0.02% 12,813 $234K Reduce -0.2%
AAPL Apple Inc. 0.01% 907 $230K Reduce -4.2%
EAGG iShares ESG Aware US Aggrega 0.01% 4,740 $225K Reduce -25.7%
EWX State Street SPDR S&P Emergi 0.01% 3,339 $221K No change
VPU Vanguard Utilities ETF 0.01% 1,110 $220K No change
EIS iShares MSCI Israel ETF 0.01% 1,843 $214K Add +0.1%
HSY The Hershey Co. 0.01% 965 $201K New

Portfolio Sells Q4 2025 → Q1 2026
SCHX Schwab US Large-Cap ETF Reduce -3.0% 38.55% −3.90
VUG Vanguard Mrngstar GR ETF-Sui Reduce -3.2% 3.97% −0.69
BKLN Invesco Senior Loan ETF Reduce -84.7% 0.05% −0.31
VOO Vanguard S&P 500 ETF Reduce -0.1% 3.17% −0.22
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -2.8% 2.09% −0.21
SCHG Schwab US Large-Cap Growth Reduce -3.0% 0.95% −0.17
IGSB iShares 1-5Y Inv Grade Corp. Reduce -45.7% 0.05% −0.04
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -0.3% 1.27% −0.02
JUST Goldman Sachs Just US LRG Reduce -1.8% 0.26% −0.02
SHYD Vaneck SH Hi YLD Muni Reduce -19.0% 0.07% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.7% 0.26% −0.02
GSUS Goldman Sachs Marketbeta US Sold out 0.00% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.3% 0.19% −0.01
IWB iShares Russell 1000 ETF Reduce -0.2% 0.17% −0.01
ITOT iShares Core S&P Total U.S. Reduce -0.0% 0.17% −0.01
DSI iShares ESG MSCI KLD 400 ETF Reduce -2.2% 0.10% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -0.8% 0.10% −0.01
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -10.3% 0.04% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -8.4% 0.05% −0.01
MDYV SS SPDR S&P 400 MC Val ETF Reduce -0.3% 0.41% −0.01
EAGG iShares ESG Aware US Aggrega Reduce -25.7% 0.01% −0.01
AOR iShares Core 60/40 Balanced Reduce -1.3% 0.09% −0.00
ACWX iShares MSCI Acwi Ex US ETF Reduce -0.8% 0.44% −0.00
AAPL Apple Inc. Reduce -4.2% 0.01% −0.00
ESGU iShares ESG Aware MSCI USA Reduce -3.9% 0.02% −0.00
ESML iShares ESG Aware MSCI USA S Reduce -1.3% 0.14% −0.00
IJJ iShares S&P Mid-Cap 400 Valu Reduce -1.2% 0.03% −0.00
IWM iShares Russell 2000 ETF Reduce -0.3% 0.03% −0.00
IWN iShares Russell 2000 Value E Reduce -2.1% 0.03% +0.00
IMCV iShares Morningstar Mid-Cap Reduce -0.5% 0.04% +0.00
SCHV Schwab US Large-Cap Value Reduce -1.2% 1.53% +0.00
ICLN iShares Global Clean Energy Reduce -0.2% 0.02% +0.00
SCHD Schwab US DVD Equity ETF Reduce -0.7% 0.05% +0.00
SLYV SS SPDR S&P 600 SC Val ETF Reduce -0.6% 0.98% +0.01

Portfolio Buys Q4 2025 → Q1 2026
RSP Invesco S&P 500 Equal Weight Add +113.9% 4.62% +2.43
VWO Vanguard Ftse Emerging Marke Add +54.0% 4.38% +1.50
IEMG iShares Core MSCI Emerging Add +1502.7% 0.56% +0.52
VEU Vanguard Ftse All-World Ex-U Add +9.0% 3.54% +0.31
IJH iShares Core S&P Midcap ETF Add +3.0% 6.39% +0.22
IJR iShares Core S&P Small-Cap E Add +2.3% 4.90% +0.19
VNQ Vanguard Real Estate ETF Add +11.8% 1.67% +0.15
VTV Vanguard Mrngstr Val ETF-Aui Add +0.1% 4.51% +0.05
SCHM Schwab US Mid Cap ETF Add +1.1% 1.98% +0.04
IGF iShares Global Infrastructur Add +1.8% 0.52% +0.04
SCHF Schwab Intl Equity ETF Add +219.9% 0.05% +0.04
IVV iShares Core S&P 500 ETF Add +18.0% 0.33% +0.03
ESGE iShares Inc. iShares ESG Awar Add +66.2% 0.08% +0.03
VOE Vngrd Mrngstr MD-Cap Val ETF Add +0.2% 1.25% +0.03
GLD SPDR Gold Shares New 0.03% +0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +5.2% 1.19% +0.03
SCHE Schwab Emrg Mrkts Eqty ETF Add +46.2% 0.08% +0.02
SCHA Schwab US Small-Cap ETF Add +1.4% 1.33% +0.02
AGG iShares Core U.S. Aggregate Add +35.4% 0.08% +0.02
JPST JPMorgan Ultra-Short Income Add +15.0% 0.16% +0.02
HSY The Hershey Co. New 0.01% +0.01
MUB iShares National Muni Bond E Add +12.7% 0.14% +0.01
MDYG SS SPDR S&P 400 MC GR ETF Add +7.5% 0.13% +0.01
EFV iShares MSCI Eafe Value ETF Add +1.9% 0.24% +0.01
SLYG SS SPDR S&P 600 SC GR ETF Add +4.4% 0.20% +0.01
EMXC iShares MSCI Emr MRK Ex Chna Add +14.0% 0.05% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +1.0% 0.92% +0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.2% 0.66% +0.01
IYR iShares US Real Estate ETF Add +22.9% 0.04% +0.01
EFA iShares MSCI Eafe ETF Add +15.8% 0.04% +0.01
VXUS Vanguard Total Intl Stock Add +10.2% 0.04% +0.00
TIP iShares Tips Bond ETF Add +2.7% 0.20% +0.00
JMST JPM Ultra-Short Muni Income Add +4.2% 0.09% +0.00
SJNK SS SPDR BB St Hi Yield ETF Add +11.2% 0.03% +0.00
XJH Ishare ESG SS S&P Midcap ETF Add +1.9% 0.09% +0.00
BNDW Vanguard Total World Bond Et Add +12.9% 0.02% +0.00
ESGD iShares Trust iShares ESG Aw Add +4.6% 0.04% +0.00
VYM Vanguard High DVD Yield ETF Add +1.3% 0.04% +0.00
EIS iShares MSCI Israel ETF Add +0.1% 0.01% +0.00
CWI State Street SPDR MSCI Acwi Add +0.2% 0.06% +0.00
IWD iShares Russell 1000 Value E Add +0.1% 0.26% −0.00
IVE iShares S&P 500 Value ETF Add +0.2% 0.02% −0.00
NULV Nuveen ESG Large-Cap Val ETF Add +0.2% 0.05% −0.00
SHV iShares 0-1 Year Treasury Bo Add +0.6% 0.04% −0.00
EFG iShares MSCI Eafe Growth ETF Add +2.5% 0.07% −0.00
IAT iShares US Regional Banks Et Add +0.4% 0.04% −0.00
SCHB Schwab US Broad Market ETF Add +0.5% 0.03% −0.00
SUSA iShares ESG Optimized MSCI U Add +0.1% 0.04% −0.00
SCHP Schwab U.S. Tips ETF Add +0.8% 1.08% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +2.3% 0.62% −0.05

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