Sage Investment Counsel LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Sage Investment Counsel LLC reported 127 stock positions worth $90.1 million. Its top holding was Pinnacle Financial Partners (PNFP) at 7.2% of the portfolio, followed by Apple (AAPL, 5.4%) and Berkshire Hathaway Class A (BRK.A, 3.2%). Compared with Q4 2025, it opened 9 new positions, sold out of 5, added to 43 and reduced 26. The biggest buy was a new position in Pinnacle Financial Partners (PNFP) and the biggest sale an exit from Pinnacle Financial Partners (PNFP).

Most Recent 13F
Q2 2026
Location
Franklin, TN
CIK
0002055178
Portfolio Value
$90.1M (Q1 2026)
SEC Filing
0002055178-26-000002 ↗ filed Apr 24, 2026

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q4 2024: $76.7M Q4 2024 Q1 2025: $78.9M Q1 2025 Q2 2025: $86.3M Q2 2025 Q3 2025: $90.3M Q3 2025 Q4 2025: $90.9M Q4 2025 Q1 2026: $90.1M $90.1M Q1 2026 Q2 2026: $99.9M Q2 2026

Holdings 127 stocks · $90.1M
PNFP Pinnacle Financial Partners 7.16% 74,933 $6.5M New
AAPL Apple Inc. 5.41% 19,227 $4.9M Reduce -0.5%
BRK.A Berkshire Hathaway Inc. Class A 3.19% 4 $2.9M No change
ET Energy Transfer LP 2.89% 134,809 $2.6M No change
BN Brookfield Corp. 2.49% 55,408 $2.2M Add +2.8%
V Visa Inc. Class A 2.36% 7,047 $2.1M Add +37.3%
BRK.B Berkshire Hathaway Inc. Class B 2.28% 4,290 $2.1M Reduce -1.8%
UBER Uber Technologies Inc. 2.02% 25,341 $1.8M Add +33.7%
CB Chubb Ltd. 1.94% 5,358 $1.7M Add +1.9%
HHH Howard Hughes Holdings Inc. 1.91% 27,163 $1.7M Add +5.7%
SPHQ Invesco S&P 500 Quality ETF 1.86% 22,285 $1.7M Add +5.1%
TFSL TFS Financial Corp. 1.82% 116,921 $1.6M Add +0.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.75% 32,282 $1.6M Add +6.6%
JPM JPMorgan Chase & Co. 1.74% 5,342 $1.6M Reduce -1.8%
SNX TD Synnex Corp. 1.69% 9,044 $1.5M Reduce -0.6%
ENB Enbridge Inc. 1.61% 26,767 $1.4M No change
CAT Caterpillar Inc. 1.58% 2,006 $1.4M Reduce -2.7%
VT Vanguard Tot World STK ETF 1.57% 10,257 $1.4M Reduce -1.0%
AMZN Amazon.com Inc. 1.54% 6,678 $1.4M Add +16.9%
BIP Brookfield Infrastructure Pa 1.51% 37,803 $1.4M No change
DG Dollar General Corp. 1.50% 11,385 $1.4M Reduce -16.5%
SLM SLM Corp. 1.39% 58,542 $1.3M Add +28.8%
LEN Lennar Corp. Class A 1.39% 14,413 $1.3M Add +10.6%
XOM Exxon Mobil Corp. 1.39% 7,377 $1.3M Reduce -8.0%
RYAAY Ryanair Holdings PLC-SP ADR 1.38% 21,555 $1.2M Reduce -6.4%
VTI VG Morningstar TS MKT ETF-US 1.32% 3,703 $1.2M Reduce -0.0%
MSFT Microsoft Corp. 1.30% 3,176 $1.2M No change
EUSA iShares MSCI USA Equal Weigh 1.21% 10,735 $1.1M Add +4.1%
VOO Vanguard S&P 500 ETF 1.16% 1,746 $1.0M Add +0.3%
O Realty Income Corp. 1.13% 16,612 $1.0M Add +0.1%
EPD Enterprise Products Partners 1.10% 26,318 $996K Add +1.5%
STZ Constellation Brands Inc. Class A 1.02% 6,106 $916K Add +6.1%
OMAB Grupo Aeroportuario Cen-ADR 0.89% 7,000 $803K No change
VCLT Vanguard Long-Term Corp. Bond 0.84% 10,145 $758K Add +8.6%
BEP Brookfield Renewable Partner 0.79% 21,925 $716K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.78% 3,234 $702K Add +16.2%
AZO AutoZone Inc. 0.77% 205 $692K No change
PAC Grupo Aeroportuario Pac-ADR 0.75% 2,740 $676K No change
CNQ Canadian Natural Resources 0.75% 13,800 $672K No change
OMF Onemain Holdings Inc. 0.73% 12,304 $658K No change
USB US Bancorp 0.69% 12,045 $626K No change
HD Home Depot Inc. 0.67% 1,839 $605K Reduce -0.8%
VNQ Vanguard Real Estate ETF 0.66% 6,756 $599K Add +1.6%
VXUS Vanguard Total Intl Stock 0.64% 7,483 $577K Add +4.0%
SU Suncor Energy Inc. 0.63% 8,600 $569K Add +2.4%
FDX FedEx Corp. 0.61% 1,550 $552K No change
WHR Whirlpool Corp. 0.61% 10,172 $548K Add +263.9%
DVA Davita Inc. 0.61% 3,555 $546K Reduce -11.9%
FLG Flagstar Bank NA 0.60% 41,400 $545K No change
VCIT Vanguard Int-Term Corporate 0.54% 5,920 $490K Add +9.7%
OXY Occidental Petroleum Corp. 0.54% 7,511 $488K Reduce -27.2%
FCX Freeport-McMoran Inc. 0.54% 8,300 $488K No change
ABEV Ambev SA-ADR 0.54% 165,500 $483K No change
TSLX Sixth Street Specialty Lendi 0.52% 25,577 $470K Add +3.2%
SCHD Schwab US DVD Equity ETF 0.51% 14,948 $459K Add +21.3%
CSCO Cisco Systems Inc. 0.51% 5,894 $457K No change
VWO Vanguard Ftse Emerging Marke 0.50% 8,389 $453K Add +0.8%
BXSL Blackstone Secured Lending F 0.49% 18,801 $445K Add +11.9%
COF Capital One Financial Corp. 0.49% 2,440 $445K Reduce -6.2%
HTZ Hertz Global Hldgs Inc. 0.49% 96,540 $445K Add +42.5%
LOW Lowe's Cos Inc. 0.49% 1,881 $444K No change
RITM Rithm Capital Corp. 0.49% 46,700 $443K No change
WTM White Mountains Insurance GP 0.49% 200 $439K No change
HR Healthcare Realty Trust Inc. 0.48% 25,262 $429K Reduce -1.9%
META Meta Platforms Inc. Class A 0.47% 742 $424K No change
JHG Janus Henderson Group PLC 0.46% 8,015 $412K Reduce -65.9%
MTB M & T Bank Corp. filed as M & T BK CORP 0.42% 1,838 $380K Add +0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.41% 1,867 $366K Add +14.5%
KOF Coca-Cola Femsa Sab-SP ADR 0.40% 3,700 $361K Add +5.7%
WMT Walmart Inc. 0.40% 2,878 $358K Reduce -4.0%
LMT Lockheed Martin Corp. 0.39% 575 $348K No change
APO Apollo Global Management Inc. 0.37% 2,990 $333K No change
JOE The St Joe Co. 0.36% 5,200 $327K No change
BABA Alibaba Group Holding-SP ADR 0.36% 2,595 $326K Reduce -22.7%
RF Regions Financial Corp. 0.36% 12,446 $325K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.36% 11,847 $324K Add +9.2%
UNP Union Pacific Corp. 0.35% 1,318 $320K No change
GOOGL Alphabet Inc. Class A 0.35% 1,106 $318K Reduce -3.9%
MA Mastercard Inc. Class A 0.35% 635 $317K No change
CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A 0.35% 12,400 $314K No change
NVDA Nvidia Corp. 0.35% 1,784 $311K Add +5.9%
VTEL Vanguard LT Tax-Ex Bond 0.34% 3,000 $308K No change
ADC Agree Realty Corp. 0.34% 4,068 $307K Reduce -26.7%
AVGO Broadcom Inc. 0.34% 990 $306K No change
TFC Truist Financial Corp. 0.34% 6,570 $302K Reduce -6.3%
CVX Chevron Corp. 0.32% 1,404 $291K No change
SCHG Schwab US Large-Cap Growth 0.32% 9,929 $289K Add +4.0%
RTX RTX Corp. 0.32% 1,476 $285K Reduce -60.3%
LADR Ladder Capital Corp.-REIT 0.31% 28,948 $283K Add +11.6%
DEO Diageo PLC-Sponsored ADR 0.31% 3,700 $275K No change
NTR Nutrien Ltd. 0.30% 3,600 $272K No change
AVAL Grupo Aval Acciones Y Valore 0.30% 60,955 $268K Add +79.3%
CW Curtiss-Wright Corp. 0.30% 392 $267K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 2,681 $258K No change
CIB Grupo Cibest SA-ADR 0.28% 3,500 $255K No change
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.28% 13,700 $253K No change
HCA HCA Healthcare Inc. 0.28% 532 $252K No change
VZ Verizon Communications Inc. 0.28% 5,000 $251K No change
GOOG Alphabet Inc. Class C 0.26% 831 $238K Reduce -8.8%
SCHY Schwab International DVD ETF 0.26% 7,449 $236K Add +0.2%
FDUS Fidus Investment Corp. 0.25% 13,070 $228K Add +8.3%
ARCC Ares Capital Corp. 0.25% 12,420 $224K Add +8.8%
AGX Argan Inc. 0.24% 403 $219K New
DEA Easterly Government Properti 0.24% 10,000 $214K New
CLS Celestica Inc. 0.24% 758 $214K No change
QSR Restaurant Brands Intern 0.23% 2,865 $212K New
XBMEX BlackRock Health Sciences 0.23% 5,400 $208K No change
ECL Ecolab Inc. 0.23% 780 $207K No change
BEPC Brookfield Renewable Corp. 0.23% 5,180 $206K New
IWM iShares Russell 2000 ETF 0.22% 816 $202K New
BUR Burford Capital Ltd. 0.22% 44,000 $199K Add +4.8%
RIET Hoya Capital Hi DVD YLD ETF 0.18% 17,836 $160K New
SB Safe Bulkers Inc. 0.17% 24,900 $158K Reduce -0.4%
LE Lands' End Inc. 0.17% 13,610 $153K Reduce -36.0%
AUNA Auna SA Class A 0.17% 27,000 $149K Add +68.8%
OBDC Blue Owl Capital Corp. 0.16% 12,855 $142K Add +8.4%
CMBT CMB Tech NV 0.14% 10,000 $127K No change
F Ford Motor Co. filed as FORD MTR CO 0.13% 10,000 $115K No change
RFI Cohen & Steers Tot Ret RLTY 0.12% 10,000 $111K No change
AHRT Ah Realty Trust Inc. 0.12% 19,800 $109K Add +11.2%
SFL SFL Corp. Ltd. 0.12% 10,000 $108K New
LYG Lloyds Banking Group PLC-ADR 0.10% 18,700 $94K Reduce -24.6%
FIP Ftai Infrastructure Inc. 0.08% 15,000 $74K No change
UWMC Uwm Holdings Corp. 0.07% 17,000 $62K New
AIV Apartment Invt & Mgmt Co. Class A 0.07% 15,000 $61K No change
LAC Lithium Americas Corp. 0.04% 10,000 $40K No change
SMRT Smartrent Inc. 0.03% 15,000 $23K No change

Portfolio Sells Q4 2025 → Q1 2026
PNFP Pinnacle Financial Partners Sold out 0.00% −7.90
JHG Janus Henderson Group PLC Reduce -65.9% 0.46% −0.77
DG Dollar General Corp. Reduce -16.5% 1.50% −0.49
RYAAY Ryanair Holdings PLC-SP ADR Reduce -6.4% 1.38% −0.45
RTX RTX Corp. Reduce -60.3% 0.32% −0.43
AAPL Apple Inc. Reduce -0.5% 5.41% −0.37
SIRI Sirius XM Holdings Inc. Sold out 0.00% −0.25
STT State Street Corp. Sold out 0.00% −0.24
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.20
COF Capital One Financial Corp. Reduce -6.2% 0.49% −0.20
JPM JPMorgan Chase & Co. Reduce -1.8% 1.74% −0.19
BABA Alibaba Group Holding-SP ADR Reduce -22.7% 0.36% −0.18
LE Lands' End Inc. Reduce -36.0% 0.17% −0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.8% 2.28% −0.14
EC Ecopetrol SA-Sponsored ADR Sold out 0.00% −0.13
ADC Agree Realty Corp. Reduce -26.7% 0.34% −0.10
GOOG Alphabet Inc. Class C Reduce -8.8% 0.26% −0.05
VTI VG Morningstar TS MKT ETF-US Reduce -0.0% 1.32% −0.05
TFC Truist Financial Corp. Reduce -6.3% 0.34% −0.04
GOOGL Alphabet Inc. Class A Reduce -3.9% 0.35% −0.04
LYG Lloyds Banking Group PLC-ADR Reduce -24.6% 0.10% −0.04
VT Vanguard Tot World STK ETF Reduce -1.0% 1.57% −0.03
HD Home Depot Inc. Reduce -0.8% 0.67% −0.03
HR Healthcare Realty Trust Inc. Reduce -1.9% 0.48% −0.00
WMT Walmart Inc. Reduce -4.0% 0.40% +0.03
SB Safe Bulkers Inc. Reduce -0.4% 0.17% +0.04
OXY Occidental Petroleum Corp. Reduce -27.2% 0.54% +0.07
DVA Davita Inc. Reduce -11.9% 0.61% +0.10
SNX TD Synnex Corp. Reduce -0.6% 1.69% +0.19
CAT Caterpillar Inc. Reduce -2.7% 1.58% +0.28
XOM Exxon Mobil Corp. Reduce -8.0% 1.39% +0.33

Portfolio Buys Q4 2025 → Q1 2026
PNFP Pinnacle Financial Partners New 7.16% +7.16
WHR Whirlpool Corp. Add +263.9% 0.61% +0.39
V Visa Inc. Class A Add +37.3% 2.36% +0.38
UBER Uber Technologies Inc. Add +33.7% 2.02% +0.32
AGX Argan Inc. New 0.24% +0.24
DEA Easterly Government Properti New 0.24% +0.24
QSR Restaurant Brands Intern New 0.23% +0.23
BEPC Brookfield Renewable Corp. New 0.23% +0.23
IWM iShares Russell 2000 ETF New 0.22% +0.22
SU Suncor Energy Inc. Add +2.4% 0.63% +0.22
EPD Enterprise Products Partners Add +1.5% 1.10% +0.19
RIET Hoya Capital Hi DVD YLD ETF New 0.18% +0.18
AVAL Grupo Aval Acciones Y Valore Add +79.3% 0.30% +0.15
STZ Constellation Brands Inc. Class A Add +6.1% 1.02% +0.14
SCHD Schwab US DVD Equity ETF Add +21.3% 0.51% +0.14
CB Chubb Ltd. Add +1.9% 1.94% +0.13
VBR Vngrd Mrngst SL-CP Val ETF-U Add +16.2% 0.78% +0.13
SFL SFL Corp. Ltd. New 0.12% +0.12
HTZ Hertz Global Hldgs Inc. Add +42.5% 0.49% +0.11
SPHQ Invesco S&P 500 Quality ETF Add +5.1% 1.86% +0.11
TFSL TFS Financial Corp. Add +0.1% 1.82% +0.10
O Realty Income Corp. Add +0.1% 1.13% +0.10
AMZN Amazon.com Inc. Add +16.9% 1.54% +0.09
AUNA Auna SA Class A Add +68.8% 0.17% +0.08
UWMC Uwm Holdings Corp. New 0.07% +0.07
VTV Vanguard Mrngstr Val ETF-Aui Add +14.5% 0.41% +0.06
VCLT Vanguard Long-Term Corp. Bond Add +8.6% 0.84% +0.06
VCIT Vanguard Int-Term Corporate Add +9.7% 0.54% +0.05
VXUS Vanguard Total Intl Stock Add +4.0% 0.64% +0.04
EUSA iShares MSCI USA Equal Weigh Add +4.1% 1.21% +0.04
SLM SLM Corp. Add +28.8% 1.39% +0.04
KOF Coca-Cola Femsa Sab-SP ADR Add +5.7% 0.40% +0.04
VICI Vici Properties Inc. Add +9.2% 0.36% +0.02
SCHY Schwab International DVD ETF Add +0.2% 0.26% +0.02
VNQ Vanguard Real Estate ETF Add +1.6% 0.66% +0.02
MTB M & T Bank Corp. Add +0.1% 0.42% +0.01
VWO Vanguard Ftse Emerging Marke Add +0.8% 0.50% +0.01
BXSL Blackstone Secured Lending F Add +11.9% 0.49% +0.01
LADR Ladder Capital Corp.-REIT Add +11.6% 0.31% 0.00
NVDA Nvidia Corp. Add +5.9% 0.35% −0.00
FDUS Fidus Investment Corp. Add +8.3% 0.25% −0.00
OBDC Blue Owl Capital Corp. Add +8.4% 0.16% −0.00
ARCC Ares Capital Corp. Add +8.8% 0.25% −0.01
AHRT Ah Realty Trust Inc. Add +11.2% 0.12% −0.01
SCHG Schwab US Large-Cap Growth Add +4.0% 0.32% −0.02
VOO Vanguard S&P 500 ETF Add +0.3% 1.16% −0.04
TSLX Sixth Street Specialty Lendi Add +3.2% 0.52% −0.07
LEN Lennar Corp. Class A Add +10.6% 1.39% −0.09
BAC Bank of America Corp. Add +6.6% 1.75% −0.09
BUR Burford Capital Ltd. Add +4.8% 0.22% −0.19

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 126$99.9MPNFP, AAPL, BRK.A, V, ET
Q1 2026 127$90.1MPNFP, AAPL, BRK.A, ET, BN
Q4 2025 123$90.9MPNFP, AAPL, BRK.A, BN, ET
Q3 2025 123$90.3MPNFP, AAPL, BRK.A, BN, BRK.B
Q2 2025 122$86.3MPNFP, AAPL, BRK.A, ET, BRK.B
Q1 2025 119$78.9MPNFP, AAPL, BRK.A, BRK.B, ET
Q4 2024 120$76.7MPNFP, AAPL, BRK.A, ET, BRK.B