Sage Rhino Capital LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Sage Rhino Capital LLC reported 271 stock positions worth $458.4 million. Its top holding was Invesco S&P 500 Equal Weight (RSP) at 3.9% of the portfolio, followed by Vngrd Mrngstr MD-Cap ETF-Usd (VO, 3.7%) and iShares Gold Trust (IAU, 3.3%). Compared with Q3 2024, it opened 19 new positions, sold out of 26, added to 78 and reduced 154. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +3165%) and the biggest sale PIMCO 0-5 Year H/Y Corp. Bond (HYS, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001771605
- Portfolio Value
- $458.4M (Q4 2024)
- SEC Filing
- 0001085146-25-000854 ↗ filed Feb 6, 2025
Holdings Value
Holdings 271 stocks · $458.4M
| RSP Invesco S&P 500 Equal Weight | 3.86% | 101,058 | $17.7M | Reduce -1.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.65% | 63,378 | $16.7M | Reduce -1.9% |
| IAU iShares Gold Trust | 3.29% | 304,513 | $15.1M | Reduce -10.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.28% | 62,594 | $15.0M | Reduce -3.1% |
| GBIL Goldman Sachs Access Treasur | 3.02% | 138,442 | $13.8M | Add +25.1% |
| AVUV Avantis US Small Cap Value | 3.01% | 143,021 | $13.8M | Reduce -3.8% |
| IEFA iShares Core MSCI Eafe ETF | 2.82% | 184,109 | $12.9M | Add +7.1% |
| AAPL Apple Inc. | 2.68% | 48,979 | $12.3M | Reduce -10.2% |
| SDY SS SPDR S&P Dividend ETF | 2.43% | 84,478 | $11.2M | Add +0.1% |
| TSLA Tesla Inc. | 2.28% | 25,849 | $10.4M | Add +2.5% |
| SGOV iShares 0-3 Month Treasury B | 2.20% | 100,561 | $10.1M | Add +96.2% |
| AVLV Avantis US Large Cap Value | 2.17% | 148,787 | $9.9M | Reduce -3.6% |
| AVUS Avantis U.S. Equity ETF | 2.10% | 99,417 | $9.6M | Reduce -3.0% |
| JAAA Janus Henderson Aaa Clo ETF | 1.85% | 166,947 | $8.5M | Add +5.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.83% | 28,927 | $8.4M | Reduce -1.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.63% | 14,595 | $7.5M | Add +3165.1% |
| VCIT Vanguard Int-Term Corporate | 1.58% | 90,497 | $7.3M | Add +43.6% |
| GSST Goldman Sachs Ultra Short Bo | 1.58% | 144,529 | $7.3M | Reduce -2.0% |
| VWO Vanguard Ftse Emerging Marke | 1.53% | 159,023 | $7.0M | Add +4.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.51% | 11,839 | $6.9M | Add +36.7% |
| VYM Vanguard High DVD Yield ETF | 1.49% | 53,584 | $6.8M | Reduce -0.6% |
| BND Vanguard Total Bond Market | 1.45% | 92,725 | $6.7M | Reduce -0.7% |
| XLI SS Industrial Select Sector | 1.45% | 50,542 | $6.7M | Reduce -3.0% |
| AVDE Avantis International Equity | 1.44% | 107,356 | $6.6M | Add +6.1% |
| MSFT Microsoft Corp. | 1.35% | 14,719 | $6.2M | Reduce -0.6% |
| VHT Vanguard Health Care ETF | 1.23% | 22,225 | $5.6M | Add +2.7% |
| BNDX Vanguard Total Intl Bond ETF | 1.18% | 110,622 | $5.4M | Add +0.8% |
| RSPT Invesco S&P 500 Equal Weight | 1.15% | 141,278 | $5.3M | Reduce -2.1% |
| COIN Coinbase Global Inc. Class A | 1.14% | 21,037 | $5.2M | Add +0.0% |
| IEMG iShares Core MSCI Emerging | 1.00% | 87,459 | $4.6M | Add +4.2% |
| VSS Vanguard Ftse All Wo X-US SC | 0.91% | 36,359 | $4.2M | Add +5.6% |
| VMBS Vanguard Mortgage-Backed Sec | 0.88% | 88,466 | $4.0M | Add +29.7% |
| NVDA Nvidia Corp. | 0.82% | 28,097 | $3.8M | Add +9.2% |
| AMZN Amazon.com Inc. | 0.82% | 17,135 | $3.8M | Add +0.0% |
| JPST JPMorgan Ultra-Short Income | 0.82% | 74,196 | $3.7M | Reduce -6.6% |
| MINT PIMCO Enhanced Short Maturit | 0.79% | 36,303 | $3.6M | Reduce -37.5% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.76% | 55,383 | $3.5M | Add +2.0% |
| GOOG Alphabet Inc. Class C | 0.74% | 17,793 | $3.4M | Reduce -9.2% |
| GSBD Goldman Sachs BDC Inc. | 0.67% | 252,335 | $3.1M | Add +23.9% |
| VUSB Vanguard Ultra Short Bond Et | 0.63% | 58,223 | $2.9M | Reduce -3.1% |
| VTIP Vanguard Short-Term Tips | 0.60% | 56,881 | $2.8M | Reduce -5.0% |
| IVV iShares Core S&P 500 ETF | 0.60% | 4,665 | $2.7M | No change |
| JCPI JP Morgan Inflation MGD Bond | 0.60% | 58,547 | $2.7M | Reduce -5.9% |
| LDUR PIMCO Enhanced Low Duration | 0.59% | 28,515 | $2.7M | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 0.53% | 10,134 | $2.4M | Reduce -0.5% |
| XBB Bondbloxx-BB Rated Usd HY CB | 0.51% | 58,336 | $2.3M | Reduce -7.9% |
| IYR iShares US Real Estate ETF | 0.48% | 23,625 | $2.2M | Add +21.7% |
| JPIE JPMorgan Income ETF | 0.47% | 47,696 | $2.2M | Add +39.0% |
| VAW Vanguard Materials ETF | 0.46% | 11,287 | $2.1M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 0.45% | 10,806 | $2.0M | Reduce -4.4% |
| IAGG iShares Intl Aggregate Bond | 0.44% | 40,509 | $2.0M | Reduce -3.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.41% | 37,602 | $1.9M | Add +52.0% |
| DFGR Dim Global Real Estate ETF | 0.40% | 72,353 | $1.8M | Add +30.3% |
| NFLX Netflix Inc. | 0.39% | 2,019 | $1.8M | Reduce -1.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.39% | 31,045 | $1.8M | Reduce -4.2% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.39% | 18,848 | $1.8M | Reduce -63.0% |
| LLY Eli Lilly & Co. | 0.36% | 2,129 | $1.6M | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 0.36% | 2,801 | $1.6M | Reduce -1.9% |
| DOCU Docusign Inc. | 0.36% | 18,112 | $1.6M | Reduce -49.6% |
| ORCL Oracle Corp. | 0.33% | 9,126 | $1.5M | Reduce -2.3% |
| TRNO Terreno Realty Corp. | 0.32% | 24,744 | $1.5M | Add +6.6% |
| IWM iShares Russell 2000 ETF | 0.32% | 6,603 | $1.5M | No change |
| AVGO Broadcom Inc. | 0.32% | 6,283 | $1.5M | Add +3.9% |
| GNR State Street SPDR S&P Global | 0.31% | 28,525 | $1.4M | Add +9.6% |
| WFC Wells Fargo & Co. | 0.30% | 19,869 | $1.4M | Reduce -1.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.30% | 2 | $1.4M | No change |
| FLEX Flex Ltd. | 0.30% | 35,378 | $1.4M | Add +1.1% |
| CRC California Resources Corp. | 0.29% | 25,641 | $1.3M | Reduce -0.8% |
| BX Blackstone Inc. | 0.29% | 7,661 | $1.3M | Reduce -1.8% |
| PG The Procter & Gamble Co. | 0.28% | 7,718 | $1.3M | Reduce -0.5% |
| AXP American Express Co. | 0.28% | 4,356 | $1.3M | Reduce -2.2% |
| VXF Vanguard Extended Market ETF | 0.28% | 6,791 | $1.3M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.27% | 1,371 | $1.3M | Add +0.1% |
| ABNB Airbnb Inc. Class A | 0.27% | 9,347 | $1.2M | Add +23.9% |
| BLK BlackRock Inc. | 0.27% | 1,193 | $1.2M | Reduce -2.0% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 16,162 | $1.2M | Reduce -41.7% |
| KKR KKR & Co. Inc. | 0.26% | 7,970 | $1.2M | Add +0.1% |
| CCJ Cameco Corp. | 0.25% | 22,523 | $1.2M | Reduce -1.9% |
| ROST Ross Stores Inc. | 0.25% | 7,486 | $1.1M | Reduce -1.9% |
| V Visa Inc. Class A | 0.23% | 3,407 | $1.1M | Reduce -0.6% |
| AVEM Avantis Emerging Markets Eq | 0.23% | 18,143 | $1.1M | Add +6.2% |
| CRM Salesforce Inc. | 0.23% | 3,154 | $1.1M | Reduce -21.6% |
| MRK Merck & Co. Inc. | 0.23% | 10,490 | $1.0M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 2,301 | $1.0M | Reduce -0.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.23% | 12,091 | $1.0M | Reduce -2.4% |
| MS Morgan Stanley | 0.23% | 8,237 | $1.0M | Reduce -2.3% |
| CSCO Cisco Systems Inc. | 0.23% | 17,460 | $1.0M | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.22% | 13,884 | $1.0M | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.21% | 6,772 | $979K | Reduce -1.6% |
| AES AES Corp. | 0.21% | 75,331 | $970K | Reduce -17.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.21% | 1,369 | $949K | Add +0.8% |
| VIG Vanguard Dividend Apprec ETF | 0.20% | 4,622 | $905K | Add +0.0% |
| SAP Sap SE-Sponsored ADR | 0.19% | 3,491 | $860K | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.18% | 7,871 | $847K | Reduce -1.1% |
| CWB SS SPDR BB Conv Sec ETF | 0.18% | 10,832 | $844K | Reduce -35.6% |
| SHEL Shell PLC-ADR | 0.18% | 13,427 | $841K | Reduce -1.6% |
| DFAX Dimensional World Ex US Core | 0.18% | 33,675 | $837K | Reduce -5.0% |
| SMMU PIMCO SHRT TRM Muni BND ETF | 0.18% | 16,274 | $811K | Reduce -25.8% |
| TM Toyota Motor Corp. -Spon ADR | 0.18% | 4,131 | $804K | Add +8.2% |
| IWF iShares Russell 1000 Growth | 0.18% | 2,000 | $803K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Reduce -63.0% | 0.39% | −0.69 |
| MINT PIMCO Enhanced Short Maturit | Reduce -37.5% | 0.79% | −0.50 |
| IAU iShares Gold Trust | Reduce -10.1% | 3.29% | −0.44 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.9% | 3.86% | −0.22 |
| DFNM Dimensional National Muni BD | Reduce -80.8% | 0.05% | −0.21 |
| AES AES Corp. | Reduce -17.3% | 0.21% | −0.19 |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | Sold out | 0.00% | −0.19 |
| AVUV Avantis US Small Cap Value | Reduce -3.8% | 3.01% | −0.15 |
| AAPL Apple Inc. | Reduce -10.2% | 2.68% | −0.14 |
| DOCU Docusign Inc. | Reduce -49.6% | 0.36% | −0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.9% | 3.65% | −0.12 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -3.1% | 3.28% | −0.11 |
| XLI SS Industrial Select Sector | Reduce -3.0% | 1.45% | −0.11 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -35.6% | 0.18% | −0.10 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.4% | 0.23% | −0.10 |
| BND Vanguard Total Bond Market | Reduce -0.7% | 1.45% | −0.10 |
| AVLV Avantis US Large Cap Value | Reduce -3.6% | 2.17% | −0.08 |
| JPST JPMorgan Ultra-Short Income | Reduce -6.6% | 0.82% | −0.08 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -2.0% | 1.58% | −0.07 |
| SMMU PIMCO SHRT TRM Muni BND ETF | Reduce -25.8% | 0.18% | −0.07 |
| XBB Bondbloxx-BB Rated Usd HY CB | Reduce -7.9% | 0.51% | −0.07 |
| AVDV Avantis Intl S/C Value ETF | Sold out | 0.00% | −0.07 |
| NSIT Insight Enterprises Inc. | Sold out | 0.00% | −0.06 |
| JCPI JP Morgan Inflation MGD Bond | Reduce -5.9% | 0.60% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.36% | −0.06 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -4.2% | 0.39% | −0.06 |
| MSFT Microsoft Corp. | Reduce -0.6% | 1.35% | −0.06 |
| AVUS Avantis U.S. Equity ETF | Reduce -3.0% | 2.10% | −0.06 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.06 |
| MBC Masterbrand Inc. | Reduce -11.3% | 0.12% | −0.06 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.05 |
| ATI Ati Inc. | Sold out | 0.00% | −0.05 |
| MLI Mueller Industries Inc. | Sold out | 0.00% | −0.05 |
| ENSG The Ensign Group Inc. | Sold out | 0.00% | −0.05 |
| JHX James Hardie Ord | Sold out | 0.00% | −0.05 |
| NEM Newmont Corp. | Reduce -3.2% | 0.10% | −0.05 |
| VTIP Vanguard Short-Term Tips | Reduce -5.0% | 0.60% | −0.05 |
| RSPT Invesco S&P 500 Equal Weight | Reduce -2.1% | 1.15% | −0.05 |
| BUD Anheuser-Busch Inbev-SPN ADR | Sold out | 0.00% | −0.05 |
| LIN Linde PLC | Sold out | 0.00% | −0.05 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.05 |
| CEG Constellation Energy | Sold out | 0.00% | −0.05 |
| ICUI Icu Medical Inc. | Sold out | 0.00% | −0.05 |
| MTH Meritage Homes Corp. | Sold out | 0.00% | −0.05 |
| EPRT Essential Properties Realty | Sold out | 0.00% | −0.05 |
| AMRC Ameresco Inc. Class A | Sold out | 0.00% | −0.05 |
| SEM Select Medical Holdings Corp. | Sold out | 0.00% | −0.05 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.04 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.04 |
| RUN Sunrun Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | Add +3165.1% | 1.63% | +1.58 |
| SGOV iShares 0-3 Month Treasury B | Add +96.2% | 2.20% | +1.06 |
| TSLA Tesla Inc. | Add +2.5% | 2.28% | +0.82 |
| GBIL Goldman Sachs Access Treasur | Add +25.1% | 3.02% | +0.56 |
| VCIT Vanguard Int-Term Corporate | Add +43.6% | 1.58% | +0.42 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +36.7% | 1.51% | +0.41 |
| COIN Coinbase Global Inc. Class A | Add +0.0% | 1.14% | +0.31 |
| VMBS Vanguard Mortgage-Backed Sec | Add +29.7% | 0.88% | +0.16 |
| DASH DoorDash Inc. Class A | New | 0.16% | +0.16 |
| NVDA Nvidia Corp. | Add +9.2% | 0.82% | +0.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +52.0% | 0.41% | +0.13 |
| JPIE JPMorgan Income ETF | Add +39.0% | 0.47% | +0.12 |
| AMZN Amazon.com Inc. | Add +0.0% | 0.82% | +0.11 |
| AVGO Broadcom Inc. | Add +3.9% | 0.32% | +0.09 |
| BBWI Bath & Body Works Inc. | New | 0.08% | +0.08 |
| EXE Expand Energy Corp. | New | 0.07% | +0.07 |
| EAT Brinker International Inc. | New | 0.06% | +0.06 |
| TWLO Twilio Inc. Class A | Add +0.3% | 0.16% | +0.06 |
| JAAA Janus Henderson Aaa Clo ETF | Add +5.2% | 1.85% | +0.06 |
| ABNB Airbnb Inc. Class A | Add +23.9% | 0.27% | +0.06 |
| JEF Jefferies Financial Group Inc. | New | 0.05% | +0.05 |
| DFGR Dim Global Real Estate ETF | Add +30.3% | 0.40% | +0.05 |
| USFD US Foods Holding Corp. | New | 0.05% | +0.05 |
| AAAU Goldman Sachs Physical Gold | Add +77.5% | 0.11% | +0.05 |
| SANM Sanmina Corp. | New | 0.05% | +0.05 |
| LAD Lithia Motors Inc. | New | 0.05% | +0.05 |
| SF Stifel Financial Corp. | New | 0.05% | +0.05 |
| GILD Gilead Sciences Inc. | New | 0.05% | +0.05 |
| GSBD Goldman Sachs BDC Inc. | Add +23.9% | 0.67% | +0.05 |
| GPI Group 1 Automotive Inc. | New | 0.04% | +0.04 |
| PIPR Piper Sandler Cos | New | 0.04% | +0.04 |
| FHN First Horizon Corp. | New | 0.04% | +0.04 |
| ACA Arcosa Inc. | New | 0.04% | +0.04 |
| COOP Mr Cooper Group Inc. | New | 0.04% | +0.04 |
| SFM Sprouts Farmers Market Inc. | New | 0.04% | +0.04 |
| IYR iShares US Real Estate ETF | Add +21.7% | 0.48% | +0.04 |
| FLEX Flex Ltd. | Add +1.1% | 0.30% | +0.04 |
| WK Workiva Inc. | Add +0.4% | 0.11% | +0.03 |
| CNH CNH Industrial NV | New | 0.03% | +0.03 |
| ALK Alaska Air Group Inc. | Add +13.4% | 0.08% | +0.03 |
| KKR KKR & Co. Inc. | Add +0.1% | 0.26% | +0.03 |
| TM Toyota Motor Corp. -Spon ADR | Add +8.2% | 0.18% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.3% | 0.17% | +0.02 |
| ERIC Ericsson (lm) Tel-SP ADR | New | 0.02% | +0.02 |
| ALTM Arcadium Lithium PLC | New | 0.01% | +0.01 |
| SONY Sony Group Corp. - SP ADR | Add +0.8% | 0.11% | +0.01 |
| NWL Newell Brands Inc. | Add +2.0% | 0.04% | +0.01 |
| PTEN Patterson-Uti Energy Inc. | Add +38.8% | 0.03% | +0.01 |
| VXF Vanguard Extended Market ETF | Add +0.0% | 0.28% | +0.01 |
| GKOS Glaukos Corp. | Add +1.6% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 380 | $608.3M | VB, VO, GBIL, RSP, AVUV |
| Q1 2026 | 328 | $534.5M | VO, VB, AVUV, RSP, IEFA |
| Q4 2025 | 308 | $529.4M | IAU, VO, VB, RSP, IEFA |
| Q3 2025 | 297 | $517.1M | IAU, GBIL, VO, VB, RSP |
| Q2 2025 | 280 | $472.9M | IAU, VO, GBIL, RSP, VB |
| Q1 2025 | 265 | $431.2M | RSP, IAU, VO, VB, AVUV |
| Q4 2024 | 271 | $458.4M | RSP, VO, IAU, VB, GBIL |
| Q3 2024 | 278 | $451.5M | RSP, VO, IAU, VB, AVUV |
| Q2 2024 | 251 | $418.7M | RSP, VO, IAU, VB, AVUV |
| Q1 2024 | 238 | $423.8M | RSP, VO, VB, IAU, AVUV |