SAGE ADVISORS, LLC

CIK

2032121

Location

BOULDER, CO

Portfolio Value

Small $146,699,951

Diversification

Diversified

Filing Date

Global Rank

#5,045 / 8,664 ▼ 106 · as of Dec 2025

Top Industry

Asset Management 36.2%

3Y Alpha vs SPY

-6.6%

Period ended 6 months ago

Filed Jan 13, 2026 · 6mo

9 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+35.3%

SPY

+54.1%

Annualised alpha

-6.3%

Max drawdown

−17.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

41 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

17.5%

−2.7 pts

Top 5

60.0%

−2.2 pts

Top 10

78.2%

−0.5 pts

HHI

906

Diversified−81

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	39.0%	$57,281,476	11
Real Estate	15.5%	$22,733,360	3
Healthcare	14.4%	$21,063,766	2
Technology	11.7%	$17,102,835	9
Unclassified	5.1%	$7,506,023	4
Consumer Cyclical	5.0%	$7,303,035	2
Consumer Defensive	3.1%	$4,566,015	2
Energy	2.9%	$4,287,323	2
Communication Services	2.0%	$2,869,850	2
Industrials	1.1%	$1,668,520	3
Utilities	0.2%	$317,748	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
NLY	Annaly Capital Management Inc	+124,987	320,533	$7,167,117
HTGC	Hercules Capital, Inc.	+61,944	119,974	$2,257,910
MO	Altria Group, Inc.	+8,103	73,670	$4,247,812
GLXY	Galaxy Digital Inc.	+7,302	17,863	$399,416
OHI	Omega Healthcare Investors Inc	+4,513	13,257	$587,815
OWL	Blue Owl Capital Inc.	+3,597	27,641	$412,956
AMZN	Amazon Com Inc	+2,730	28,943	$6,680,623
ASTS	AST SpaceMobile, Inc.	+2,078	9,603	$697,465
JPM	Jpmorgan Chase & Co	+1,708	3,161	$1,018,537
NEE	Nextera Energy Inc	+622	3,958	$317,748
NVDA	Nvidia Corp	+598	20,486	$3,820,639
GOOGL	Alphabet Inc.	+446	2,840	$888,920
DIA	Spdr Dow Jones Industrial Average ETF Trust	+432	4,631	$2,225,519
QQQ	Invesco Qqq Trust, Series 1	+423	3,982	$2,446,182
TSLA	Tesla, Inc.	+361	1,384	$622,412
META	Meta Platforms, Inc.	+324	3,001	$1,980,930
SPY	Spdr S&P 500 ETF Trust	+226	3,835	$2,615,163
ARES	Ares Management Corp	+165	3,360	$543,076
HPE	Hewlett Packard Enterprise Co	+162	28,355	$681,087
MSFT	Microsoft Corp	+53	3,808	$1,841,624
IBM	International Business Machines Corp	+26	5,313	$1,573,763
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
OBDC	Blue Owl Capital Corp	−141,795	2,061,949	$25,630,026
FSK	FS KKR Capital Corp	−114,871	119,967	$1,776,711
ARCC	Ares Capital Corp	−78,430	955,548	$19,330,736
BNL	Broadstone Net Lease, Inc.	−26,414	862,316	$14,978,428
EPD	Enterprise Products Partners L.P.	−5,883	17,583	$563,710
HPQ	Hp Inc	−3,817	25,450	$567,026
COST	Costco Wholesale Corp /New	−1,068	369	$318,203
AAPL	Apple Inc.	−467	26,291	$7,147,471
BRK-B	Berkshire Hathaway Inc	−412	9,763	$4,907,371
LLY	ELI LILLY & Co	−33	19,397	$20,845,569
AVGO	Broadcom Inc.	−3	1,789	$619,172
BLK	BlackRock, Inc.	−3	446	$477,371
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
ENB	Enbridge Inc	77,851	$3,723,613
PWR	Quanta Services, Inc.	2,974	$1,255,206
RKT	Rocket Companies, Inc.	27,240	$527,366
CAT	Caterpillar Inc	584	$334,556
GLD	Spdr Gold Trust	553	$219,159
MCK	Mckesson Corp	266	$218,197
VELO	Velo3D, Inc.	11,251	$154,588
RDW	Redwire Corp	10,363	$78,758
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
OKE	Oneok Inc /New/	54,873	$4,004,082
COIN	Coinbase Global, Inc.	1,232	$415,787
CRM	Salesforce, Inc.	1,051	$249,087
ORCL	Oracle Corp	868	$244,116
KAZR	Skyline Builders Group Holding Ltd	14,462	$49,460
LAES	SEALSQ Corp	11,439	$42,781
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

41 positions · $146,699,951 total · as of Dec 31, 2025

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
OBDC	Blue Owl Capital Corp Financial Services	Reduced	2,061,949	-141,795	$25,630,026	−8.9%	17.47%
LLY	ELI LILLY & Co Healthcare	Reduced	19,397	-33	$20,845,569	+40.6%	14.21%
ARCC	Ares Capital Corp Financial Services	Reduced	955,548	-78,430	$19,330,736	−8.4%	13.18%
BNL	Broadstone Net Lease, Inc. Real Estate	Reduced	862,316	-26,414	$14,978,428	−5.7%	10.21%
NLY	Annaly Capital Management Inc Real Estate	Added	320,533	+124,987	$7,167,117	+81.4%	4.89%
AAPL	Apple Inc. Technology	Reduced	26,291	-467	$7,147,471	+4.9%	4.87%
AMZN	Amazon Com Inc Consumer Cyclical	Added	28,943	+2,730	$6,680,623	+16.1%	4.55%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	9,763	-412	$4,907,371	−4.1%	3.35%
MO	Altria Group, Inc. Consumer Defensive	Added	73,670	+8,103	$4,247,812	−1.9%	2.90%
NVDA	Nvidia Corp Technology	Added	20,486	+598	$3,820,639	+3.0%	2.60%
ENB	Enbridge Inc Energy	NEW	77,851	NEW	$3,723,613	NEW	2.54%
SPY	Spdr S&P 500 ETF Trust	Added	3,835	+226	$2,615,163	+8.8%	1.78%
QQQ	Invesco Qqq Trust, Series 1	Added	3,982	+423	$2,446,182	+14.5%	1.67%
HTGC	Hercules Capital, Inc. Financial Services	Added	119,974	+61,944	$2,257,910	+105.8%	1.54%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	4,631	+432	$2,225,519	+14.3%	1.52%
META	Meta Platforms, Inc. Communication Services	Added	3,001	+324	$1,980,930	+0.8%	1.35%
MSFT	Microsoft Corp Technology	Added	3,808	+53	$1,841,624	−5.3%	1.26%
FSK	FS KKR Capital Corp Financial Services	Reduced	119,967	-114,871	$1,776,711	−49.3%	1.21%
IBM	International Business Machines Corp Technology	Added	5,313	+26	$1,573,763	+5.5%	1.07%
PWR	Quanta Services, Inc. Industrials	NEW	2,974	NEW	$1,255,206	NEW	0.86%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,161	+1,708	$1,018,537	+122.2%	0.69%
GOOGL	Alphabet Inc. Communication Services	Added	2,840	+446	$888,920	+52.7%	0.61%
ASTS	AST SpaceMobile, Inc. Technology	Added	9,603	+2,078	$697,465	+88.8%	0.48%
HPE	Hewlett Packard Enterprise Co Technology	Added	28,355	+162	$681,087	−1.6%	0.46%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,384	+361	$622,412	+36.8%	0.42%
AVGO	Broadcom Inc. Technology	Reduced	1,789	-3	$619,172	+4.7%	0.42%
OHI	Omega Healthcare Investors Inc Real Estate	Added	13,257	+4,513	$587,815	+59.2%	0.40%
HPQ	Hp Inc Technology	Reduced	25,450	-3,817	$567,026	−28.8%	0.39%
EPD	Enterprise Products Partners L.P. Energy	Reduced	17,583	-5,883	$563,710	−23.2%	0.38%
ARES	Ares Management Corp Financial Services	Added	3,360	+165	$543,076	+6.3%	0.37%
RKT	Rocket Companies, Inc. Financial Services	NEW	27,240	NEW	$527,366	NEW	0.36%
BLK	BlackRock, Inc. Financial Services	Reduced	446	-3	$477,371	−8.8%	0.33%
OWL	Blue Owl Capital Inc. Financial Services	Added	27,641	+3,597	$412,956	+1.4%	0.28%
GLXY	Galaxy Digital Inc. Financial Services	Added	17,863	+7,302	$399,416	+11.9%	0.27%
CAT	Caterpillar Inc Industrials	NEW	584	NEW	$334,556	NEW	0.23%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	369	-1,068	$318,203	−76.1%	0.22%
NEE	Nextera Energy Inc Utilities	Added	3,958	+622	$317,748	+26.2%	0.22%
GLD	Spdr Gold Trust	NEW	553	NEW	$219,159	NEW	0.15%
MCK	Mckesson Corp Healthcare	NEW	266	NEW	$218,197	NEW	0.15%
VELO	Velo3D, Inc. Technology	NEW	11,251	NEW	$154,588	NEW	0.11%
RDW	Redwire Corp Industrials	NEW	10,363	NEW	$78,758	NEW	0.05%