Sage Investment Counsel LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Sage Investment Counsel LLC reported 126 stock positions worth $99.9 million. Its top holding was Pinnacle Financial Partners (PNFP) at 7.6% of the portfolio, followed by Apple (AAPL, 5.5%) and Berkshire Hathaway Class A (BRK.A, 3.0%). Compared with Q1 2026, it opened 10 new positions, sold out of 11, added to 46 and reduced 24. The biggest buy was a new position in Pershing Square (PS) and the biggest sale an exit from Constellation Brands Class A (STZ).

Most Recent 13F
Q2 2026
Location
Franklin, TN
CIK
0002055178
Portfolio Value
$99.9M (Q2 2026)
SEC Filing
0002055178-26-000003 ↗ filed Jul 22, 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 Q1 2026 Q2 2026: $99.9M $99.9M Q2 2026

Holdings 126 stocks · $99.9M
PNFP Pinnacle Financial Partners 7.57% 74,936 $7.6M Add +0.0%
AAPL Apple Inc. 5.55% 19,142 $5.5M Reduce -0.4%
BRK.A Berkshire Hathaway Inc. Class A 3.00% 4 $3.0M No change
V Visa Inc. Class A 2.76% 8,028 $2.8M Add +13.9%
ET Energy Transfer LP 2.58% 134,810 $2.6M Add +0.0%
BN Brookfield Corp. 2.37% 55,478 $2.4M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 2.15% 4,290 $2.1M No change
CAT Caterpillar Inc. 2.13% 2,001 $2.1M Reduce -0.3%
TFSL TFS Financial Corp. 2.08% 116,998 $2.1M Add +0.1%
HHH Howard Hughes Holdings Inc. 2.06% 28,778 $2.1M Add +6.0%
SPHQ Invesco S&P 500 Quality ETF 2.05% 22,745 $2.0M Add +2.1%
MSFT Microsoft Corp. 2.03% 5,423 $2.0M Add +70.8%
SNX TD Synnex Corp. 1.91% 7,123 $1.9M Reduce -21.2%
UBER Uber Technologies Inc. 1.89% 26,086 $1.9M Add +2.9%
BAC Bank of America Corp. 1.84% 32,279 $1.8M Reduce -0.0%
CB Chubb Ltd. 1.82% 5,330 $1.8M Reduce -0.5%
SLM SLM Corp. 1.75% 67,512 $1.8M Add +15.3%
JPM JPMorgan Chase & Co. 1.75% 5,342 $1.7M No change
VT Vanguard Tot World STK ETF 1.61% 10,260 $1.6M Add +0.0%
AMZN Amazon.com Inc. 1.59% 6,682 $1.6M Add +0.1%
DG Dollar General Corp. 1.44% 12,455 $1.4M Add +9.4%
RYAAY Ryanair Holdings PLC-SP ADR 1.40% 21,549 $1.4M Reduce -0.0%
BIP Brookfield Infrastructure Pa 1.38% 37,803 $1.4M No change
LEN Lennar Corp. Class A 1.38% 15,208 $1.4M Add +5.5%
VTI VG Morningstar TS MKT ETF-US 1.37% 3,706 $1.4M Add +0.1%
PS Pershing Square Inc. 1.24% 37,770 $1.2M New
EUSA iShares MSCI USA Equal Weigh 1.24% 10,812 $1.2M Add +0.7%
ENB Enbridge Inc. 1.24% 22,767 $1.2M Reduce -14.9%
VOO Vanguard S&P 500 ETF 1.21% 1,752 $1.2M Add +0.3%
META Meta Platforms Inc. Class A 1.09% 1,925 $1.1M Add +159.4%
O Realty Income Corp. 1.03% 16,626 $1.0M Add +0.1%
XOM Exxon Mobil Corp. 1.01% 7,377 $1.0M No change
EPD Enterprise Products Partners 0.97% 26,372 $969K Add +0.2%
VCLT Vanguard Long-Term Corp. Bond 0.81% 10,690 $804K Add +5.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.80% 3,293 $800K Add +1.8%
OMAB Grupo Aeroportuario Cen-ADR 0.79% 7,000 $792K No change
DVA Davita Inc. 0.79% 3,555 $791K No change
BEP Brookfield Renewable Partner 0.76% 21,925 $761K No change
OMF Onemain Holdings Inc. 0.75% 12,304 $750K No change
USB US Bancorp 0.73% 12,055 $728K Add +0.1%
PAC Grupo Aeroportuario Pac-ADR 0.69% 2,740 $694K No change
VNQ Vanguard Real Estate ETF 0.65% 6,723 $648K Reduce -0.5%
VXUS Vanguard Total Intl Stock 0.65% 7,566 $647K Add +1.1%
HD Home Depot Inc. 0.64% 1,811 $639K Reduce -1.5%
FLG Flagstar Bank NA 0.62% 41,400 $619K No change
AZO AutoZone Inc. 0.60% 189 $604K Reduce -7.8%
CSCO Cisco Systems Inc. 0.60% 5,111 $600K Reduce -13.3%
CNQ Canadian Natural Resources 0.55% 13,800 $545K No change
FCX Freeport-McMoran Inc. 0.52% 8,300 $522K No change
ABEV Ambev SA-ADR 0.52% 165,500 $520K No change
VCIT Vanguard Int-Term Corporate 0.52% 6,262 $518K Add +5.8%
HR Healthcare Realty Trust Inc. 0.51% 25,313 $511K Add +0.2%
VWO Vanguard Ftse Emerging Marke 0.50% 8,415 $502K Add +0.3%
FDX FedEx Corp. 0.49% 1,550 $485K No change
COF Capital One Financial Corp. 0.48% 2,390 $479K Reduce -2.0%
SCHD Schwab US DVD Equity ETF 0.46% 14,635 $464K Reduce -2.1%
SU Suncor Energy Inc. 0.45% 8,400 $451K Reduce -2.3%
BXSL Blackstone Secured Lending F 0.45% 18,804 $446K Add +0.0%
TSLX Sixth Street Specialty Lendi 0.44% 25,577 $439K No change
RITM Rithm Capital Corp. 0.44% 46,700 $439K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.44% 1,838 $437K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.42% 1,918 $418K Add +2.7%
WTM White Mountains Insurance GP 0.42% 200 $415K No change
LOW Lowe's Cos Inc. 0.41% 1,847 $407K Reduce -1.8%
GOOGL Alphabet Inc. Class A 0.40% 1,106 $395K No change
KOF Coca-Cola Femsa Sab-SP ADR 0.39% 3,700 $393K No change
RF Regions Financial Corp. 0.38% 12,473 $377K Add +0.2%
BUR Burford Capital Ltd. 0.37% 90,600 $371K Add +105.9%
NVDA Nvidia Corp. 0.36% 1,786 $357K Add +0.1%
APO Apollo Global Management Inc. 0.35% 2,990 $354K No change
AVGO Broadcom Inc. 0.35% 915 $346K Reduce -7.6%
OXY Occidental Petroleum Corp. 0.35% 7,111 $345K Reduce -5.3%
UNP Union Pacific Corp. 0.35% 1,268 $345K Reduce -3.8%
VTEL Vanguard LT Tax-Ex Bond 0.33% 3,150 $330K Add +5.0%
TFC Truist Financial Corp. 0.33% 6,583 $328K Add +0.2%
MA Mastercard Inc. Class A 0.33% 635 $326K No change
JOE The St Joe Co. 0.33% 5,200 $326K No change
SCHG Schwab US Large-Cap Growth 0.32% 9,555 $323K Reduce -3.8%
DEO Diageo PLC-Sponsored ADR 0.32% 4,000 $322K Add +8.1%
WMT Walmart Inc. 0.32% 2,800 $317K Reduce -2.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.32% 11,847 $315K No change
CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A 0.31% 12,400 $312K No change
AVAL Grupo Aval Acciones Y Valore 0.31% 60,955 $307K No change
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.30% 13,700 $295K No change
GOOG Alphabet Inc. Class C 0.29% 831 $294K No change
AGX Argan Inc. 0.29% 367 $293K Reduce -8.9%
LMT Lockheed Martin Corp. 0.29% 575 $293K No change
ADC Agree Realty Corp. 0.29% 3,849 $292K Reduce -5.4%
LADR Ladder Capital Corp.-REIT 0.29% 28,948 $288K No change
RTX RTX Corp. 0.28% 1,476 $280K No change
CIB Grupo Cibest SA-ADR 0.28% 3,500 $278K No change
CW Curtiss-Wright Corp. 0.28% 366 $277K Reduce -6.6%
CLS Celestica Inc. 0.28% 758 $277K No change
DEA Easterly Government Properti 0.27% 11,000 $274K Add +10.0%
FDUS Fidus Investment Corp. 0.27% 14,070 $268K Add +7.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.26% 2,681 $258K No change
MELI MercadoLibre Inc. 0.24% 140 $238K New
SCHY Schwab International DVD ETF 0.24% 7,476 $237K Add +0.4%
CVX Chevron Corp. 0.23% 1,405 $233K Add +0.1%
XBMEX BlackRock Health Sciences 0.23% 5,400 $232K No change
ARCC Ares Capital Corp. 0.23% 12,420 $230K No change
NTR Nutrien Ltd. 0.23% 3,600 $227K No change
LE Lands' End Inc. 0.22% 21,194 $222K Add +55.7%
EDV Vanguard Extended Dur Treas 0.22% 3,400 $221K New
QSR Restaurant Brands Intern 0.22% 3,005 $218K Add +4.9%
IWM iShares Russell 2000 ETF 0.22% 724 $218K Reduce -11.3%
ECL Ecolab Inc. 0.22% 780 $217K No change
SIRI Sirius XM Holdings Inc. 0.22% 7,344 $217K New
AUNA Auna SA Class A 0.22% 42,000 $215K Add +55.6%
VZ Verizon Communications Inc. 0.21% 5,000 $212K No change
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd 0.21% 3,565 $211K New
HCA HCA Healthcare Inc. 0.21% 533 $208K Add +0.2%
AHRT Ah Realty Trust Inc. 0.21% 29,200 $207K Add +47.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.20% 2,352 $203K New
BNL Broadstone Net Lease Inc. 0.20% 9,700 $200K New
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.20% 654 $200K New
RIET Hoya Capital Hi DVD YLD ETF 0.17% 17,919 $175K Add +0.5%
CMBT CMB Tech NV 0.14% 10,000 $140K No change
OBDC Blue Owl Capital Corp. 0.14% 12,855 $140K No change
F Ford Motor Co. filed as FORD MTR CO 0.14% 10,000 $139K No change
RFI Cohen & Steers Tot Ret RLTY 0.11% 10,000 $113K No change
UWMC Uwm Holdings Corp. 0.11% 47,000 $108K Add +176.5%
SFL SFL Corp. Ltd. 0.10% 10,000 $102K No change
INTR Inter & Co. Inc. Class A 0.08% 15,000 $81K New
AIV Apartment Invt & Mgmt Co. Class A 0.04% 15,000 $45K No change
VRRM Verra Mobility Corp. 0.04% 10,000 $43K New

Portfolio Sells Q1 2026 → Q2 2026
STZ Constellation Brands Inc. Class A Sold out 0.00% −1.02
WHR Whirlpool Corp. Sold out 0.00% −0.61
HTZ Hertz Global Hldgs Inc. Sold out 0.00% −0.49
JHG Janus Henderson Group PLC Sold out 0.00% −0.46
ENB Enbridge Inc. Reduce -14.9% 1.24% −0.37
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.36
BEPC Brookfield Renewable Corp. Sold out 0.00% −0.23
OXY Occidental Petroleum Corp. Reduce -5.3% 0.35% −0.20
SU Suncor Energy Inc. Reduce -2.3% 0.45% −0.18
SB Safe Bulkers Inc. Sold out 0.00% −0.17
AZO AutoZone Inc. Reduce -7.8% 0.60% −0.16
CB Chubb Ltd. Reduce -0.5% 1.82% −0.12
LYG Lloyds Banking Group PLC-ADR Sold out 0.00% −0.10
LOW Lowe's Cos Inc. Reduce -1.8% 0.41% −0.09
FIP Ftai Infrastructure Inc. Sold out 0.00% −0.08
WMT Walmart Inc. Reduce -2.7% 0.32% −0.08
ADC Agree Realty Corp. Reduce -5.4% 0.29% −0.05
SCHD Schwab US DVD Equity ETF Reduce -2.1% 0.46% −0.04
LAC Lithium Americas Corp. Sold out 0.00% −0.04
HD Home Depot Inc. Reduce -1.5% 0.64% −0.03
SMRT Smartrent Inc. Sold out 0.00% −0.03
CW Curtiss-Wright Corp. Reduce -6.6% 0.28% −0.02
VNQ Vanguard Real Estate ETF Reduce -0.5% 0.65% −0.02
COF Capital One Financial Corp. Reduce -2.0% 0.48% −0.01
UNP Union Pacific Corp. Reduce -3.8% 0.35% −0.01
IWM iShares Russell 2000 ETF Reduce -11.3% 0.22% −0.01
SCHG Schwab US Large-Cap Growth Reduce -3.8% 0.32% +0.00
AVGO Broadcom Inc. Reduce -7.6% 0.35% +0.01
RYAAY Ryanair Holdings PLC-SP ADR Reduce -0.0% 1.40% +0.02
AGX Argan Inc. Reduce -8.9% 0.29% +0.05
CSCO Cisco Systems Inc. Reduce -13.3% 0.60% +0.09
BAC Bank of America Corp. Reduce -0.0% 1.84% +0.10
AAPL Apple Inc. Reduce -0.4% 5.55% +0.13
SNX TD Synnex Corp. Reduce -21.2% 1.91% +0.21
CAT Caterpillar Inc. Reduce -0.3% 2.13% +0.56

Portfolio Buys Q1 2026 → Q2 2026
PS Pershing Square Inc. New 1.24% +1.24
MSFT Microsoft Corp. Add +70.8% 2.03% +0.72
META Meta Platforms Inc. Class A Add +159.4% 1.09% +0.61
PNFP Pinnacle Financial Partners Add +0.0% 7.57% +0.41
V Visa Inc. Class A Add +13.9% 2.76% +0.40
SLM SLM Corp. Add +15.3% 1.75% +0.36
TFSL TFS Financial Corp. Add +0.1% 2.08% +0.25
MELI MercadoLibre Inc. New 0.24% +0.24
EDV Vanguard Extended Dur Treas New 0.22% +0.22
SIRI Sirius XM Holdings Inc. New 0.22% +0.22
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd New 0.21% +0.21
VUG Vanguard Mrngstar GR ETF-Sui New 0.20% +0.20
BNL Broadstone Net Lease Inc. New 0.20% +0.20
VOT Vngrd Mrngstr MC GRW ETF-Usd New 0.20% +0.20
SPHQ Invesco S&P 500 Quality ETF Add +2.1% 2.05% +0.19
HHH Howard Hughes Holdings Inc. Add +6.0% 2.06% +0.15
BUR Burford Capital Ltd. Add +105.9% 0.37% +0.15
AHRT Ah Realty Trust Inc. Add +47.5% 0.21% +0.09
INTR Inter & Co. Inc. Class A New 0.08% +0.08
VTI VG Morningstar TS MKT ETF-US Add +0.1% 1.37% +0.06
LE Lands' End Inc. Add +55.7% 0.22% +0.05
AMZN Amazon.com Inc. Add +0.1% 1.59% +0.05
AUNA Auna SA Class A Add +55.6% 0.22% +0.05
VOO Vanguard S&P 500 ETF Add +0.3% 1.21% +0.05
VRRM Verra Mobility Corp. New 0.04% +0.04
UWMC Uwm Holdings Corp. Add +176.5% 0.11% +0.04
VT Vanguard Tot World STK ETF Add +0.0% 1.61% +0.04
DEA Easterly Government Properti Add +10.0% 0.27% +0.04
HR Healthcare Realty Trust Inc. Add +0.2% 0.51% +0.04
USB US Bancorp Add +0.1% 0.73% +0.03
EUSA iShares MSCI USA Equal Weigh Add +0.7% 1.24% +0.02
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.8% 0.80% +0.02
RF Regions Financial Corp. Add +0.2% 0.38% +0.02
DEO Diageo PLC-Sponsored ADR Add +8.1% 0.32% +0.02
FDUS Fidus Investment Corp. Add +7.7% 0.27% +0.02
NVDA Nvidia Corp. Add +0.1% 0.36% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +2.7% 0.42% +0.01
VXUS Vanguard Total Intl Stock Add +1.1% 0.65% +0.01
VWO Vanguard Ftse Emerging Marke Add +0.3% 0.50% 0.00
RIET Hoya Capital Hi DVD YLD ETF Add +0.5% 0.17% −0.00
TFC Truist Financial Corp. Add +0.2% 0.33% −0.01
LEN Lennar Corp. Class A Add +5.5% 1.38% −0.01
VTEL Vanguard LT Tax-Ex Bond Add +5.0% 0.33% −0.01
QSR Restaurant Brands Intern Add +4.9% 0.22% −0.02
SCHY Schwab International DVD ETF Add +0.4% 0.24% −0.02
VCIT Vanguard Int-Term Corporate Add +5.8% 0.52% −0.03
VCLT Vanguard Long-Term Corp. Bond Add +5.4% 0.81% −0.04
BXSL Blackstone Secured Lending F Add +0.0% 0.45% −0.05
DG Dollar General Corp. Add +9.4% 1.44% −0.06
HCA HCA Healthcare Inc. Add +0.2% 0.21% −0.07

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