Sage Financial Management Group, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Sage Financial Management Group, Inc. reported 58 stock positions worth $327.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 15.7% of the portfolio, followed by Vanguard Intermediate-Term B (BIV, 15.3%) and Vanguard Ftse All-World Ex-U (VEU, 10.0%). Compared with Q3 2025, it opened 2 new positions, added to 20 and reduced 17. The biggest buy was Vanguard Short-Term Bond ETF (BSV, shares +12%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −0%).

Most Recent 13F
Q2 2026
Location
MCLEAN, VA
CIK
0001762086
Portfolio Value
$327.4M (Q4 2025)
SEC Filing
0001762086-26-000001 ↗ filed Feb 5, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $211.2M Q1 2024 Q2 2024: $32.9M Q2 2024 Q3 2024: $257.9M Q3 2024 Q4 2024: $270.0M Q4 2024 Q1 2025: $275.5M Q1 2025 Q2 2025: $289.1M Q2 2025 Q3 2025: $313.2M Q3 2025 Q4 2025: $327.4M $327.4M Q4 2025 Q1 2026: $325.4M Q1 2026 Q2 2026: $364.0M Q2 2026

Holdings 58 stocks · $327.4M
IVV iShares Core S&P 500 ETF 15.74% 75,256 $51.5M Add +2.4%
BIV Vanguard Intermediate-Term B 15.29% 642,653 $50.0M Add +3.7%
VEU Vanguard Ftse All-World Ex-U 10.01% 445,459 $32.8M Add +2.0%
BSV Vanguard Short-Term Bond ETF 8.55% 355,282 $28.0M Add +12.1%
SCHX Schwab US Large-Cap ETF 7.81% 950,630 $25.6M Reduce -0.4%
SPYG SS SPDR P S&P 500 Growth ETF 3.96% 121,581 $13.0M Reduce -0.5%
VCSH Vanguard S/T Corp. Bond ETF 3.33% 136,603 $10.9M Add +2.6%
EFA iShares MSCI Eafe ETF 3.15% 107,360 $10.3M Reduce -1.2%
SCHG Schwab US Large-Cap Growth 3.07% 307,908 $10.0M Reduce -0.9%
IJH iShares Core S&P Midcap ETF 2.91% 144,541 $9.5M Add +24.4%
SCHF Schwab Intl Equity ETF 2.86% 389,442 $9.4M Reduce -0.2%
VYM Vanguard High DVD Yield ETF 2.85% 64,931 $9.3M Add +5.3%
VOO Vanguard S&P 500 ETF 2.76% 14,424 $9.0M Reduce -0.3%
SCHD Schwab US DVD Equity ETF 2.39% 285,427 $7.8M Reduce -3.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.20% 22,845 $7.2M Add +0.5%
VSS Vanguard Ftse All Wo X-US SC 1.79% 40,890 $5.9M Add +2.3%
SCHM Schwab US Mid Cap ETF 1.26% 136,963 $4.1M Reduce -0.3%
SPSM SS SPDR P S&P 600 Small Cap 1.06% 74,258 $3.5M Add +7.0%
MDY State Street SPDR S&P Midcap 0.77% 4,196 $2.5M Reduce -2.8%
SCHA Schwab US Small-Cap ETF 0.67% 77,218 $2.2M Add +0.7%
IJR iShares Core S&P Small-Cap E 0.67% 18,222 $2.2M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.58% 3,888 $1.9M Add +1.9%
BNDX Vanguard Total Intl Bond ETF 0.51% 34,592 $1.7M Add +0.8%
SHW The Sherwin-Williams Co. 0.46% 4,676 $1.5M No change
MUB iShares National Muni Bond E 0.42% 12,852 $1.4M Reduce -3.2%
SCHZ Schwab US Aggregate Bond ETF 0.41% 56,957 $1.3M Reduce -4.3%
AAPL Apple Inc. 0.38% 4,572 $1.2M Add +0.7%
IVW iShares S&P 500 Growth ETF 0.33% 8,827 $1.1M Reduce -1.0%
MSFT Microsoft Corp. 0.32% 2,175 $1.1M Add +5.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.24% 1,155 $788K Reduce -0.2%
IUSG iShares Core S&P U.S. Growth 0.24% 4,588 $771K No change
JNJ Johnson & Johnson 0.20% 3,227 $668K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.19% 3,302 $631K No change
EEM iShares MSCI Emerging Market 0.16% 9,527 $521K No change
JPM JPMorgan Chase & Co. 0.16% 1,607 $518K Add +8.4%
UNP Union Pacific Corp. 0.15% 2,165 $501K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 1,570 $465K No change
USXF iShares ESG Advance MSCI USA 0.13% 7,648 $440K Reduce -3.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.13% 1,512 $439K Add +12.4%
SUB iShares Short-Term National 0.13% 3,958 $422K Add +8.5%
GOOG Alphabet Inc. Class C 0.13% 1,341 $421K Add +39.7%
CB Chubb Ltd. 0.12% 1,300 $406K No change
DSI iShares ESG MSCI KLD 400 ETF 0.12% 3,029 $390K No change
DMXF iShares ESG Advanc MSCI Eafe 0.11% 4,830 $363K Add +0.5%
VGSH Vanguard Short-Term Treasury 0.11% 5,879 $345K No change
ABBV Abbvie Inc. 0.10% 1,393 $318K No change
IWR iShares Russell Mid-Cap ETF 0.10% 3,293 $317K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.09% 1,415 $300K Reduce -0.8%
FNDB Schwab Fndmntl US BRD Mr ETF 0.09% 10,605 $282K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.08% 877 $265K No change
IJT iShares S&P Small-Cap 600 GR 0.08% 1,813 $256K No change
AMZN Amazon.com Inc. 0.07% 1,049 $242K Reduce -6.8%
GLD SPDR Gold Shares 0.07% 587 $233K New
MA Mastercard Inc. Class A 0.07% 403 $230K No change
IVE iShares S&P 500 Value ETF 0.07% 1,071 $227K Reduce -1.2%
GOOGL Alphabet Inc. Class A 0.06% 674 $211K New
KO The Coca-Cola Co. 0.06% 3,016 $211K No change
ESGU iShares ESG Aware MSCI USA 0.06% 1,399 $208K No change

Portfolio Sells Q3 2025 → Q4 2025
SCHX Schwab US Large-Cap ETF Reduce -0.4% 7.81% −0.21
SCHD Schwab US DVD Equity ETF Reduce -3.7% 2.39% −0.19
SPYG SS SPDR P S&P 500 Growth ETF Reduce -0.5% 3.96% −0.11
SCHG Schwab US Large-Cap Growth Reduce -0.9% 3.07% −0.10
EFA iShares MSCI Eafe ETF Reduce -1.2% 3.15% −0.09
VOO Vanguard S&P 500 ETF Reduce -0.3% 2.76% −0.07
MDY State Street SPDR S&P Midcap Reduce -2.8% 0.77% −0.05
SCHM Schwab US Mid Cap ETF Reduce -0.3% 1.26% −0.04
SCHF Schwab Intl Equity ETF Reduce -0.2% 2.86% −0.04
SCHZ Schwab US Aggregate Bond ETF Reduce -4.3% 0.41% −0.04
MUB iShares National Muni Bond E Reduce -3.2% 0.42% −0.03
IVW iShares S&P 500 Growth ETF Reduce -1.0% 0.33% −0.01
USXF iShares ESG Advance MSCI USA Reduce -3.0% 0.13% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 0.24% −0.01
AMZN Amazon.com Inc. Reduce -6.8% 0.07% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -0.8% 0.09% −0.00
IVE iShares S&P 500 Value ETF Reduce -1.2% 0.07% −0.00

Portfolio Buys Q3 2025 → Q4 2025
BSV Vanguard Short-Term Bond ETF Add +12.1% 8.55% +0.57
IJH iShares Core S&P Midcap ETF Add +24.4% 2.91% +0.49
VYM Vanguard High DVD Yield ETF Add +5.3% 2.85% +0.07
GLD SPDR Gold Shares New 0.07% +0.07
GOOGL Alphabet Inc. Class A New 0.06% +0.06
VEU Vanguard Ftse All-World Ex-U Add +2.0% 10.01% +0.06
GOOG Alphabet Inc. Class C Add +39.7% 0.13% +0.05
IVV iShares Core S&P 500 ETF Add +2.4% 15.74% +0.04
SPSM SS SPDR P S&P 600 Small Cap Add +7.0% 1.06% +0.04
AAPL Apple Inc. Add +0.7% 0.38% +0.01
JPM JPMorgan Chase & Co. Add +8.4% 0.16% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +12.4% 0.13% +0.01
SUB iShares Short-Term National Add +8.5% 0.13% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +1.9% 0.58% −0.01
DMXF iShares ESG Advanc MSCI Eafe Add +0.5% 0.11% −0.01
SCHA Schwab US Small-Cap ETF Add +0.7% 0.67% −0.01
MSFT Microsoft Corp. Add +5.3% 0.32% −0.02
VSS Vanguard Ftse All Wo X-US SC Add +2.3% 1.79% −0.03
BNDX Vanguard Total Intl Bond ETF Add +0.8% 0.51% −0.03
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.5% 2.20% −0.04
VCSH Vanguard S/T Corp. Bond ETF Add +2.6% 3.33% −0.07
BIV Vanguard Intermediate-Term B Add +3.7% 15.29% −0.16

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 61$364.0MIVV, BIV, VEU, BSV, SCHX
Q1 2026 57$325.4MBIV, IVV, VEU, BSV, SCHX
Q4 2025 58$327.4MIVV, BIV, VEU, BSV, SCHX
Q3 2025 56$313.2MIVV, BIV, VEU, SCHX, BSV
Q2 2025 55$289.1MBIV, IVV, VEU, SCHX, BSV
Q1 2025 56$275.5MBIV, IVV, VEU, SCHX, VCSH
Q4 2024 54$270.0MBIV, IVV, VEU, SCHX, VCSH
Q3 2024 53$257.9MBIV, IVV, VEU, SCHX, VCSH
Q2 2024 14$32.9MVCSH, SPYG, SPSM, MDY, BNDX
Q1 2024 53$211.2MIVV, BIV, SCHX, VEU, BSV