Sage Investment Advisers LLC
Long book
$135.0M
Q1 2026
Positions
89
Top-10 weight
44%
concentration
Last quarter
+8.3%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsSage Investment Advisers LLC is a wealth-management firm allocating client money, running a $135.0M US long book across 89 positions.
The portfolio is moderately concentrated (top 10 ≈ 44% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES GOLD TRUST, VANGUARD TOTAL INTL STOCK, VISA INC-CLASS A SHARES, CHEVRON CORP.
Over the last 5 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 2 of 5 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+6.1%
Q3 2024
+2.3%
Q4 2025
-0.6%
Q1 2026
+8.3%
Sector allocation
Technology 25%
Industrials 22%
Financials 13%
Services media 13%
Energy 9%
Materials 5%
Healthcare 3%
Utilities 3%
Long book by quarter
What does Sage Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| V VISA INC-CLASS A SHARES | Services media | 16.1K | $4.8M | 3.6% | -0.9% |
| CVX CHEVRON CORP | Energy | 24.2K | $4.8M | 3.5% | +1.1% |
| JPM JPMORGAN CHASE & CO | Financials | 12.1K | $3.6M | 2.6% | -2.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 13.5K | $3.3M | 2.4% | -2.3% |
| GOOG ALPHABET INC-CL C | Technology | 9.1K | $2.7M | 2.0% | +6.0% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 4.1K | $2.4M | 1.8% | Held |
| AAPL APPLE INC | Technology | 9.1K | $2.3M | 1.7% | Held |
| CHDN CHURCHILL DOWNS INC | Services media | 20.2K | $1.8M | 1.3% | -0.7% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.8K | $1.8M | 1.3% | +0.4% |
| BA BOEING CO/THE | Industrials | 8.3K | $1.7M | 1.3% | +4.1% |
| WM WASTE MANAGEMENT INC | Utilities | 6.9K | $1.6M | 1.2% | -3.0% |
| GOOGL ALPHABET INC-CL A | Technology | 5.1K | $1.5M | 1.1% | -10.8% |
| FDX FEDEX CORP | Industrials | 4.0K | $1.4M | 1.1% | -9.2% |
| SII SPROTT INC | Financials | 8.8K | $1.3M | 1.0% | +3.5% |
| DE DEERE & CO | Industrials | 2.2K | $1.2M | 0.9% | -6.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.0K | $1.2M | 0.9% | -0.8% |
| MSFT MICROSOFT CORP | Technology | 3.3K | $1.2M | 0.9% | +8.9% |
| PH PARKER HANNIFIN CORP | Industrials | 1.2K | $1.1M | 0.8% | New |
| UNP UNION PACIFIC CORP | Industrials | 4.3K | $1.0M | 0.8% | Held |
| CSX CSX CORP | Industrials | 22.9K | $948K | 0.7% | -5.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.9K | $902K | 0.7% | Held |
| AMD ADVANCED MICRO DEVICES | Technology | 4.0K | $845K | 0.6% | -23.7% |
| ESP ESPEY MFG & ELECTRONICS CORP | Technology | 14.4K | $823K | 0.6% | 0.0% |
| NVDA NVIDIA CORP | Technology | 4.1K | $723K | 0.5% | +2.0% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 2.2K | $641K | 0.5% | Held |
| KTOS KRATOS DEFENSE & SECURITY | Industrials | 9.3K | $631K | 0.5% | -33.4% |
| CARR CARRIER GLOBAL CORP | Industrials | 9.5K | $541K | 0.4% | -7.8% |
| RTX RTX CORP | Industrials | 2.7K | $521K | 0.4% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 3.5K | $504K | 0.4% | +4.2% |
| C CITIGROUP INC | Financials | 4.3K | $498K | 0.4% | -17.3% |
| PEP PEPSICO INC | Consumer staples | 3.1K | $484K | 0.4% | +0.8% |
| HD HOME DEPOT INC | Consumer discretionary | 1.4K | $471K | 0.3% | +0.1% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 9.3K | $458K | 0.3% | -1.9% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 3.7K | $446K | 0.3% | +0.3% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 3.0K | $434K | 0.3% | -30.8% |
| BATRK ATLANTA BRAVES HOLDINGS IN-C | Services media | 10.1K | $427K | 0.3% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.0K | $413K | 0.3% | +16.7% |
| UNH UNITEDHEALTH GROUP INC | Financials | 1.2K | $337K | 0.2% | -24.0% |
| WMT WALMART INC | Consumer discretionary | 2.6K | $320K | 0.2% | -3.7% |
| PFE PFIZER INC | Healthcare | 11.1K | $317K | 0.2% | +0.5% |
| TSLA TESLA INC | Industrials | 809 | $308K | 0.2% | Held |
| T AT&T INC | Communications | 10.4K | $295K | 0.2% | +0.6% |
| XOM EXXON MOBIL CORP | Energy | 1.8K | $287K | 0.2% | +4.4% |
| MCD MCDONALD'S CORP | Consumer discretionary | 902 | $277K | 0.2% | +0.2% |
| BAC BANK OF AMERICA CORP | Financials | 5.6K | $275K | 0.2% | 0.0% |
| MO ALTRIA GROUP INC | Consumer staples | 4.1K | $270K | 0.2% | +5.5% |
| ABT ABBOTT LABORATORIES | Healthcare | 2.5K | $259K | 0.2% | New |
| CSCO CISCO SYSTEMS INC | Technology | 2.8K | $218K | 0.2% | +0.3% |
| PENN PENN ENTERTAINMENT INC | Services media | 14.2K | $213K | 0.2% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 900 | $205K | 0.2% | New |