Sage Mountain Advisors LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Sage Mountain Advisors LLC reported 485 stock positions worth $1.2 billion. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 14.0% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 9.0%) and JPMorgan US Quality Factor (JQUA, 8.6%). Compared with Q2 2024, it opened 81 new positions, sold out of 16, added to 190 and reduced 98. The biggest buy was JPMorgan US Quality Factor (JQUA, shares +4%) and the biggest sale Janus Henderson Aaa Clo ETF (JAAA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001832274
- Portfolio Value
- $1.2B (Q3 2024)
- SEC Filing
- 0001398344-24-019579 ↗ filed Oct 29, 2024
Holdings Value
Holdings 485 stocks · $1.2B
| JAAA Janus Henderson Aaa Clo ETF | 13.99% | 3,224,523 | $164.1M | Reduce -2.4% |
| QUAL iShares MSCI USA Quality Fac | 9.04% | 591,247 | $106.0M | Reduce -2.0% |
| JQUA JPMorgan US Quality Factor | 8.64% | 1,791,202 | $101.3M | Add +4.3% |
| VTI VG Morningstar TS MKT ETF-US | 8.47% | 350,812 | $99.3M | Add +5.3% |
| VOO Vanguard S&P 500 ETF | 4.01% | 89,187 | $47.1M | Reduce -0.5% |
| IQLT iShares MSCI International Q | 3.41% | 964,920 | $40.0M | Add +3.6% |
| QUS SS SPDR MSCI U Stratfact ETF | 2.57% | 191,451 | $30.2M | Reduce -0.1% |
| GBDC Golub Capital BDC Inc. | 2.33% | 1,807,855 | $27.3M | Add +8.3% |
| AAPL Apple Inc. | 2.23% | 112,089 | $26.1M | Add +3.8% |
| MSFT Microsoft Corp. | 1.97% | 53,576 | $23.1M | Add +6.1% |
| VEA Vanguard Ftse Developed ETF | 1.76% | 390,829 | $20.6M | Add +1.8% |
| CPRT Copart Inc. | 1.27% | 284,238 | $14.9M | Add +0.2% |
| VXUS Vanguard Total Intl Stock | 1.19% | 216,457 | $14.0M | Reduce -0.0% |
| NVDA Nvidia Corp. | 1.18% | 113,696 | $13.8M | Add +4.7% |
| AVGO Broadcom Inc. | 1.09% | 74,264 | $12.8M | Add +5.4% |
| VGT Vanguard Info Tech ETF | 0.96% | 19,227 | $11.3M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.93% | 46,226 | $11.0M | Reduce -0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.90% | 265,308 | $10.5M | Add +0.4% |
| SPHQ Invesco S&P 500 Quality ETF | 0.88% | 153,802 | $10.3M | Add +3.0% |
| JPM JPMorgan Chase & Co. | 0.85% | 47,191 | $10.0M | Add +1.9% |
| AMZN Amazon.com Inc. | 0.84% | 53,024 | $9.9M | Add +3.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.79% | 16,193 | $9.3M | Add +21.4% |
| META Meta Platforms Inc. Class A | 0.60% | 12,305 | $7.0M | Add +18.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 15,174 | $7.0M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 0.56% | 39,748 | $6.6M | Add +0.5% |
| TSLA Tesla Inc. | 0.52% | 23,424 | $6.1M | Add +25.3% |
| IWB iShares Russell 1000 ETF | 0.51% | 18,945 | $6.0M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.50% | 11,988 | $5.9M | Add +9.8% |
| GOOG Alphabet Inc. Class C | 0.49% | 34,345 | $5.7M | Reduce -1.1% |
| SCHX Schwab US Large-Cap ETF | 0.48% | 83,280 | $5.7M | Add +0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.47% | 8 | $5.5M | No change |
| FTNT Fortinet Inc. | 0.45% | 68,734 | $5.3M | Add +1.0% |
| XLG Invesco S&P 500 Top 50 ETF | 0.43% | 106,366 | $5.1M | Add +0.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.40% | 17,951 | $4.7M | Reduce -9.1% |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | 0.40% | 58,423 | $4.7M | Reduce -4.0% |
| XOM Exxon Mobil Corp. | 0.39% | 39,356 | $4.6M | Add +4.8% |
| LLY Eli Lilly & Co. | 0.38% | 5,060 | $4.5M | Add +4.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.37% | 47,533 | $4.4M | Reduce -9.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.36% | 10,858 | $4.2M | No change |
| VONG Vanguard Russell 1000 Growth | 0.35% | 42,462 | $4.1M | Reduce -6.9% |
| IWF iShares Russell 1000 Growth | 0.33% | 10,231 | $3.8M | Reduce -0.3% |
| V Visa Inc. Class A | 0.31% | 13,039 | $3.6M | Add +4.3% |
| PNFP Pinnacle Financial Partners | 0.30% | 36,099 | $3.5M | No change |
| IJR iShares Core S&P Small-Cap E | 0.30% | 29,704 | $3.5M | Add +2.3% |
| HD Home Depot Inc. | 0.29% | 8,473 | $3.4M | Add +19.3% |
| EFA iShares MSCI Eafe ETF | 0.28% | 39,740 | $3.3M | Reduce -0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 18,880 | $3.3M | No change |
| LGLV SPDR US LC Low Vol Idx | 0.27% | 18,958 | $3.2M | No change |
| ITOT iShares Core S&P Total U.S. | 0.27% | 25,151 | $3.2M | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 0.26% | 5,223 | $3.1M | Add +10.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.26% | 47,881 | $3.0M | Reduce -11.7% |
| UYLD Angel Oak Ultrashort Income | 0.26% | 58,946 | $3.0M | Reduce -15.5% |
| VGSH Vanguard Short-Term Treasury | 0.25% | 49,551 | $2.9M | Reduce -1.5% |
| MRK Merck & Co. Inc. | 0.25% | 25,327 | $2.9M | Add +0.3% |
| WMT Walmart Inc. | 0.22% | 31,523 | $2.5M | Add +4.0% |
| IVV iShares Core S&P 500 ETF | 0.21% | 4,317 | $2.5M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.20% | 13,889 | $2.4M | Add +35.9% |
| COST Costco Wholesale Corp. | 0.20% | 2,666 | $2.4M | Add +0.9% |
| JNJ Johnson & Johnson | 0.20% | 14,497 | $2.3M | Add +29.8% |
| ABBV Abbvie Inc. | 0.20% | 11,764 | $2.3M | Add +11.1% |
| PG The Procter & Gamble Co. | 0.20% | 13,309 | $2.3M | Reduce -3.2% |
| SCHG Schwab US Large-Cap Growth | 0.19% | 21,511 | $2.2M | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.19% | 11,134 | $2.2M | Reduce -1.3% |
| DFAC Dimensional US Core Equity 2 | 0.19% | 64,523 | $2.2M | Add +141.6% |
| VONV Vanguard Russell 1000 Value | 0.18% | 25,517 | $2.1M | No change |
| MA Mastercard Inc. Class A | 0.18% | 4,302 | $2.1M | Add +6.0% |
| UPS United Parcel Service Class B | 0.18% | 15,384 | $2.1M | Add +20.1% |
| CSCO Cisco Systems Inc. | 0.17% | 37,487 | $2.0M | Add +22.4% |
| ETN Eaton Corp. PLC | 0.16% | 5,691 | $1.9M | Add +36.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.16% | 49,063 | $1.8M | No change |
| TBIL F/M US Treasury 3 Month Bill | 0.15% | 36,304 | $1.8M | Reduce -21.3% |
| REFI Chicago Atlantic Real Estate | 0.15% | 116,603 | $1.8M | Reduce -12.6% |
| NFLX Netflix Inc. | 0.15% | 2,470 | $1.8M | Add +2.1% |
| CVS CVS Health Corp. | 0.15% | 27,067 | $1.7M | Add +12.8% |
| CVX Chevron Corp. | 0.14% | 11,268 | $1.7M | Reduce -0.7% |
| IAU iShares Gold Trust | 0.14% | 32,683 | $1.6M | Reduce -8.7% |
| ABT Abbott Laboratories | 0.14% | 14,074 | $1.6M | Add +37.4% |
| ACN Accenture PLC Class A | 0.13% | 4,363 | $1.5M | Add +11.2% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.13% | 5,740 | $1.5M | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.13% | 16,753 | $1.5M | Add +7.3% |
| AMGN Amgen Inc. | 0.13% | 4,708 | $1.5M | Add +22.0% |
| ADBE Adobe Inc. | 0.13% | 2,909 | $1.5M | Add +4.2% |
| KO The Coca-Cola Co. | 0.13% | 20,793 | $1.5M | Add +5.7% |
| JBBB Janus Henderson B-BBB Clo Et | 0.13% | 30,377 | $1.5M | Reduce -0.5% |
| PEP Pepsico Inc. | 0.12% | 8,446 | $1.4M | Add +0.5% |
| TXN Texas Instruments Inc. | 0.12% | 6,909 | $1.4M | Add +30.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 6,454 | $1.4M | Add +34.1% |
| SDY SS SPDR S&P Dividend ETF | 0.12% | 9,853 | $1.4M | No change |
| FITB Fifth Third Bancorp | 0.12% | 32,519 | $1.4M | Add +2.2% |
| SMMV iShares MSCI USA Small-Cap M | 0.12% | 33,080 | $1.3M | No change |
| LIN Linde PLC | 0.11% | 2,791 | $1.3M | Add +8.7% |
| AMD Advanced Micro Devices | 0.11% | 8,032 | $1.3M | Add +5.9% |
| INTF iShares International Equity | 0.11% | 41,814 | $1.3M | No change |
| SMH Vaneck Semiconductor ETF | 0.11% | 5,184 | $1.3M | Add +546.4% |
| NOW ServiceNow Inc. | 0.11% | 1,384 | $1.2M | Add +13.5% |
| LOW Lowe's Cos Inc. | 0.10% | 4,492 | $1.2M | Add +6.0% |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 1,951 | $1.2M | Add +3.0% |
| MCD McDonald's Corp. | 0.10% | 3,864 | $1.2M | Add +20.4% |
| BX Blackstone Inc. | 0.10% | 7,555 | $1.2M | Add +12.7% |
| CMCSA Comcast Corp. Class A | 0.10% | 26,889 | $1.1M | Add +18.4% |
Portfolio Sells Q2 2024 → Q3 2024
| JAAA Janus Henderson Aaa Clo ETF | Reduce -2.4% | 13.99% | −1.56 |
| QUAL iShares MSCI USA Quality Fac | Reduce -2.0% | 9.04% | −0.49 |
| VOO Vanguard S&P 500 ETF | Reduce -0.5% | 4.01% | −0.13 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 0.49% | −0.10 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -9.3% | 0.37% | −0.07 |
| UYLD Angel Oak Ultrashort Income | Reduce -15.5% | 0.26% | −0.07 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -21.3% | 0.15% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -68.2% | 0.02% | −0.05 |
| VONG Vanguard Russell 1000 Growth | Reduce -6.9% | 0.35% | −0.05 |
| QUS SS SPDR MSCI U Stratfact ETF | Reduce -0.1% | 2.57% | −0.04 |
| HYD Vaneck High Yield Muni ETF | Reduce -29.2% | 0.08% | −0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -9.1% | 0.40% | −0.04 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -11.7% | 0.26% | −0.04 |
| REFI Chicago Atlantic Real Estate | Reduce -12.6% | 0.15% | −0.04 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.03 |
| BUD Anheuser-Busch Inbev-SPN ADR | Sold out | 0.00% | −0.03 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.02 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -0.8% | 0.08% | −0.02 |
| INTC Intel Corp. | Reduce -21.8% | 0.03% | −0.02 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.02 |
| CVX Chevron Corp. | Reduce -0.7% | 0.14% | −0.02 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.02 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.02 |
| VGSH Vanguard Short-Term Treasury | Reduce -1.5% | 0.25% | −0.02 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.02 |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | Reduce -4.0% | 0.40% | −0.02 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.02 |
| DOW Dow Inc. | Sold out | 0.00% | −0.02 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.3% | 0.33% | −0.02 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.02 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.02 |
| MCK McKesson Corp. | Reduce -13.8% | 0.03% | −0.01 |
| SPEM State Street SP PTF Em ETF | Reduce -91.3% | 0.00% | −0.01 |
| GD General Dynamics Corp. | Reduce -36.2% | 0.02% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -3.2% | 0.20% | −0.01 |
| HEZU iShares Currency Hedged MSCI | Reduce -15.3% | 0.05% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -0.0% | 1.19% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -20.9% | 0.05% | −0.01 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -0.5% | 0.13% | −0.01 |
| ELV Elevance Health Inc. | Reduce -2.6% | 0.07% | −0.01 |
| SNPS Synopsys Inc. | Reduce -14.4% | 0.02% | −0.01 |
| HON Honeywell International Inc. | Reduce -1.3% | 0.08% | −0.01 |
| DUK Duke Energy Corp. | Reduce -38.3% | 0.02% | −0.01 |
| DLN Wisdomtree US Largecap Divid | Sold out | 0.00% | −0.01 |
| SO The Southern Co. | Reduce -25.5% | 0.04% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.9% | 0.27% | −0.01 |
| BA The Boeing Co. | Reduce -5.6% | 0.02% | −0.01 |
| ADP Automatic Data Processing | Reduce -22.4% | 0.04% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| JQUA JPMorgan US Quality Factor | Add +4.3% | 8.64% | +0.23 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.3% | 8.47% | +0.23 |
| TSLA Tesla Inc. | Add +25.3% | 0.52% | +0.18 |
| AAPL Apple Inc. | Add +3.8% | 2.23% | +0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +21.4% | 0.79% | +0.12 |
| META Meta Platforms Inc. Class A | Add +18.2% | 0.60% | +0.12 |
| DFAC Dimensional US Core Equity 2 | Add +141.6% | 0.19% | +0.11 |
| SMH Vaneck Semiconductor ETF | Add +546.4% | 0.11% | +0.09 |
| CARY Angel Oak Income ETF | New | 0.09% | +0.09 |
| FTNT Fortinet Inc. | Add +1.0% | 0.45% | +0.07 |
| ORCL Oracle Corp. | Add +35.9% | 0.20% | +0.07 |
| HD Home Depot Inc. | Add +19.3% | 0.29% | +0.07 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.06% | +0.06 |
| MDY State Street SPDR S&P Midcap | New | 0.06% | +0.06 |
| IQLT iShares MSCI International Q | Add +3.6% | 3.41% | +0.05 |
| XVV iShares ESG Select Screened | New | 0.05% | +0.05 |
| JNJ Johnson & Johnson | Add +29.8% | 0.20% | +0.05 |
| AVGO Broadcom Inc. | Add +5.4% | 1.09% | +0.05 |
| IBM Intl Business Machines Corp. | Add +34.1% | 0.12% | +0.04 |
| ETN Eaton Corp. PLC | Add +36.6% | 0.16% | +0.04 |
| FIS Fidelity National Info Serv | New | 0.04% | +0.04 |
| ABT Abbott Laboratories | Add +37.4% | 0.14% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +10.7% | 0.26% | +0.04 |
| WCN Waste Connections Inc. | New | 0.04% | +0.04 |
| CSCO Cisco Systems Inc. | Add +22.4% | 0.17% | +0.04 |
| ATO Atmos Energy Corp. | New | 0.03% | +0.03 |
| SNV Synovus Financial Corp. | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +11.1% | 0.20% | +0.03 |
| IVE iShares S&P 500 Value ETF | Add +457.3% | 0.04% | +0.03 |
| IVW iShares S&P 500 Growth ETF | Add +62.3% | 0.08% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 0.60% | +0.03 |
| NEM Newmont Corp. | New | 0.03% | +0.03 |
| GIS General Mills Inc. | New | 0.03% | +0.03 |
| AMP Ameriprise Financial Inc. | Add +58.9% | 0.07% | +0.03 |
| WMT Walmart Inc. | Add +4.0% | 0.22% | +0.03 |
| WMB Williams Cos Inc. | Add +77.6% | 0.06% | +0.03 |
| VTR Ventas Inc. | New | 0.03% | +0.03 |
| TXN Texas Instruments Inc. | Add +30.0% | 0.12% | +0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +105.6% | 0.05% | +0.03 |
| UNP Union Pacific Corp. | Add +44.7% | 0.08% | +0.03 |
| RF Regions Financial Corp. | New | 0.02% | +0.02 |
| GBCI Glacier Bancorp Inc. | New | 0.02% | +0.02 |
| MCD McDonald's Corp. | Add +20.4% | 0.10% | +0.02 |
| SF Stifel Financial Corp. | New | 0.02% | +0.02 |
| MAA Mid-America Apartment Comm | New | 0.02% | +0.02 |
| BLK BlackRock Finance Inc. | Add +42.0% | 0.07% | +0.02 |
| C Citigroup Inc. | Add +109.5% | 0.05% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +46.0% | 0.08% | +0.02 |
| BMY Bristol-Myers Squibb Co. | New | 0.02% | +0.02 |
| CMS CMS Energy Corp. | New | 0.02% | +0.02 |
Notes & Other Activity Q2 2024 → Q3 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 38 | $2Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 304 | $1.6B | JAAA, JQUA, VTI, QUAL, IQLT |
| Q1 2026 | 281 | $1.4B | JAAA, JQUA, VTI, QUAL, IQLT |
| Q4 2025 | 559 | $1.9B | JAAA, JQUA, VTI, QUAL, IQLT |
| Q3 2025 | 547 | $1.7B | JAAA, JQUA, VTI, QUAL, IQLT |
| Q2 2025 | 494 | $1.5B | JAAA, JQUA, VTI, QUAL, IQLT |
| Q1 2025 | 492 | $1.4B | JAAA, JQUA, VTI, QUAL, IQLT |
| Q4 2024 | 473 | $1.4B | JAAA, JQUA, VTI, QUAL, VOO |
| Q3 2024 | 485 | $1.2B | JAAA, QUAL, JQUA, VTI, VOO |
| Q2 2024 | 420 | $1.1B | JAAA, QUAL, JQUA, VTI, VOO |
| Q1 2024 | 407 | $962.2M | JAAA, QUAL, JQUA, VTI, VOO |