Sage Investment Counsel LLC
Reported holdings as of Q3 2026, from 8 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| PINNACLE FINL PARTNERS INC | PNFP | $7.0M | 74,474 | -0.61pp | 3q | -0.6%-$43.2K | |
| APPLE INC | AAPL | $6.3M | 18,922 | +0.74pp | 8q | -1.1%-$73.3K | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $3.0M | 4 | -0.02pp | 8q | HELD | |
| VISA INC | V | $2.9M | 8,153 | +0.17pp | 8q | +1.6%+$44.9K | |
| MICROSOFT CORP | MSFT | $2.8M | 5,528 | +0.80pp | 8q | +1.9%+$53.9K | |
| ENERGY TRANSFER L P | ET | $2.7M | 134,811 | +0.08pp | 8q | HELD | |
| UBER TECHNOLOGIES INC | UBER | $2.2M | 31,443 | +0.26pp | 7q | +20.5%+$367.0K | |
| HOWARD HUGHES HOLDINGS INC | HHH | $2.1M | 29,078 | +0.08pp | 8q | +1.0%+$22.1K | |
| INVESCO EXCHANGE TRADED FD T | SPHQ | $2.1M | 25,194 | +0.06pp | 8q | +10.8%+$205.9K | |
| Pershing Square Inc. | PS | $2.1M | 37,820 | +0.87pp | 2q | HELD | |
| BROOKFIELD CORP | BN | $2.0M | 56,078 | -0.33pp | 8q | +1.1%+$21.9K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $2.0M | 3,960 | -0.18pp | 8q | -7.7%-$164.3K | |
| TFS FINL CORP | TFSL | $1.9M | 117,087 | -0.18pp | 8q | HELD | |
| META PLATFORMS INC | META | $1.8M | 2,520 | +0.74pp | 8q | +30.9%+$431.5K | |
| AMAZON COM INC | AMZN | $1.8M | 7,251 | +0.21pp | 6q | +8.5%+$141.8K | |
| BANK OF AMER CORP | BAC | $1.8M | 32,303 | -0.09pp | 8q | HELD | |
| CHUBB LIMITED | CB | $1.7M | 5,366 | -0.08pp | 8q | +0.7%+$11.7K | |
| JPMORGAN CHASE & CO | JPM | $1.7M | 5,242 | -0.02pp | 8q | -1.9%-$33.1K | |
| CATERPILLAR INC | CAT | $1.6M | 2,002 | -0.51pp | 8q | HELD | |
| VANGUARD INTL EQUITY INDEX F | VT | $1.6M | 10,262 | flat | 8q | HELD | |
| SLM CORP | SLM | $1.5M | 68,062 | -0.22pp | 4q | +0.8%+$12.4K | |
| VANGUARD INDEX FDS | VTI | $1.5M | 4,020 | +0.13pp | 8q | +8.5%+$117.5K | |
| BROOKFIELD INFRASTRUCTURE PA | BIP | $1.3M | 37,500 | -0.05pp | 8q | -0.8%-$10.8K | |
| DOLLAR GEN CORP | DG | $1.3M | 11,023 | -0.12pp | 8q | -11.5%-$171.2K | |
| S&P GLOBAL INC | SPGI | $1.2M | 3,088 | - | new | NEW | |
| EXXONMOBIL HOLDINGS CORP | XOM | $1.2M | 7,310 | - | new | NEW | |
| RYANAIR HOLDINGS PLC | RYAAY | $1.2M | 21,469 | -0.22pp | 7q | HELD | |
| TD SYNNEX CORPORATION | SNX | $1.2M | 4,567 | -0.74pp | 8q | -35.9%-$656.5K | |
| ISHARES INC | EUSA | $1.2M | 10,396 | -0.08pp | 8q | -3.8%-$46.3K | |
| VANGUARD INDEX FDS | VOO | $1.1M | 1,596 | -0.09pp | 8q | -8.9%-$109.4K | |
| ENBRIDGE INC | ENB | $1.1M | 22,767 | -0.18pp | 8q | HELD | |
| ENTERPRISE PRODS PARTNERS L | EPD | $940.2K | 26,404 | -0.03pp | 8q | HELD | |
| REALTY INCOME CORP | O | $903.6K | 16,641 | -0.13pp | 8q | HELD | |
| VANGUARD INDEX FDS | VBR | $756.5K | 3,274 | -0.05pp | 8q | -0.6%-$4.4K | |
| GALLAGHER ARTHUR J CO | AJG | $736.3K | 3,228 | - | new | NEW | |
| VANGUARD SCOTTSDALE FDS | VCLT | $732.7K | 10,696 | -0.07pp | 7q | HELD | |
| GRUPO AEROPORTUARIO DEL CENT | OMAB | $705.3K | 7,300 | -0.09pp | 8q | +4.3%+$29.0K | |
| US BANCORP | USB | $696.8K | 12,064 | -0.03pp | 8q | HELD | |
| ONEMAIN HLDGS INC | OMF | $681.5K | 12,304 | -0.07pp | 8q | HELD | |
| CANADIAN NAT RES LTD MED TER | CNQ | $649.6K | 13,800 | +0.10pp | 8q | HELD | |
| VANGUARD STAR FDS | VXUS | $645.9K | 7,603 | flat | 8q | HELD | |
| GE HEALTHCARE TECHNOLOGIES I | GEHC | $629.6K | 9,631 | - | new | NEW | |
| DAVITA INC | DVA | $621.8K | 3,555 | -0.17pp | 8q | HELD | |
| BROOKFIELD RENEWABLE ENERGY | BEP | $617.0K | 21,925 | -0.15pp | 8q | HELD | |
| BUILDERS FIRSTSOURCE INC | BLDR | $605.9K | 10,628 | - | new | NEW | |
| GRUPO AEROPORTUNARIO DEL PAC | PAC | $583.4K | 2,840 | -0.11pp | 8q | +3.6%+$20.5K | |
| FREEPORT-MCMORAN INC | FCX | $581.0K | 8,300 | +0.06pp | 8q | HELD | |
| SUNCOR ENERGY INC NEW | SU | $570.1K | 8,400 | +0.12pp | 8q | HELD | |
| VANGUARD INDEX FDS | VNQ | $551.4K | 6,152 | -0.10pp | 8q | -8.5%-$51.2K | |
| CISCO SYS INC | CSCO | $550.2K | 5,112 | -0.05pp | 8q | HELD | |
| AUTOZONE INC | AZO | $534.9K | 189 | -0.07pp | 8q | HELD | |
| SCHWAB STRATEGIC TR | SCHD | $529.1K | 16,265 | +0.06pp | 8q | +11.1%+$53.0K | |
| HOME DEPOT INC | HD | $516.5K | 1,816 | -0.12pp | 8q | HELD | |
| VANGUARD INTL EQUITY INDEX F | VWO | $498.7K | 8,408 | -0.01pp | 8q | HELD | |
| VANGUARD SCOTTSDALE FDS | VCIT | $490.5K | 6,264 | -0.03pp | 7q | HELD | |
| LENNAR CORP | LEN | $483.8K | 5,930 | -0.90pp | 6q | -61.0%-$757.0K | |
| AMBEV SA | ABEV | $483.3K | 165,500 | -0.04pp | 8q | HELD | |
| FLAGSTAR BANK NATIONAL ASSOC | FLG | $483.1K | 41,400 | -0.14pp | 8q | HELD | |
| ALCON AG | ALC | $467.5K | 7,220 | - | new | NEW | |
| SIXTH STREET SPECIALTY LENDI | TSLX | $460.9K | 25,577 | +0.02pp | 8q | HELD | |
| BLACKSTONE SECD LENDING FD | BXSL | $457.2K | 19,065 | +0.01pp | 8q | +1.4%+$6.3K | |
| RITHM CAPITAL CORP | RITM | $452.8K | 50,700 | +0.01pp | 8q | +8.6%+$35.7K | |
| FEDEX CORP | FDX | $441.9K | 1,550 | -0.05pp | 8q | HELD | |
| CAPITAL ONE FINL CORP | COF | $432.0K | 2,238 | -0.05pp | 6q | -6.4%-$29.3K | |
| VANGUARD WORLD FD | EDV | $421.4K | 7,600 | +0.20pp | 2q | +123.5%+$232.9K | |
| NVIDIA CORPORATION | NVDA | $419.4K | 1,836 | +0.06pp | 6q | +2.8%+$11.4K | |
| HEALTHCARE RLTY TR | HR | $405.7K | 22,867 | -0.11pp | 8q | -9.7%-$43.4K | |
| ALPHABET INC | GOOGL | $404.0K | 1,174 | +0.01pp | 6q | +6.1%+$23.4K | |
| WHITE MTNS INS GROUP LTD | WTM | $401.3K | 200 | -0.01pp | 8q | HELD | |
| COCA-COLA FEMSA SAB DE CV | KOF | $399.7K | 3,700 | +0.01pp | 8q | HELD | |
| VANGUARD INDEX FDS | VTV | $382.1K | 1,768 | -0.04pp | 7q | -7.8%-$32.4K | |
| MASTERCARD INCORPORATED | MA | $350.3K | 635 | +0.02pp | 8q | HELD | |
| APOLLO GLOBAL MGMT INC | APO | $347.0K | 2,990 | -0.01pp | 8q | HELD | |
| GRUPO AVAL ACCIONES Y VALORE | AVAL | $346.8K | 71,955 | +0.04pp | 8q | +18.0%+$53.0K | |
| SCHWAB STRATEGIC TR | SCHG | $344.2K | 9,581 | +0.02pp | 6q | HELD | |
| ST JOE CO | JOE | $342.1K | 5,200 | +0.02pp | 7q | HELD | |
| CORPORACION AMER ARPTS S A | CAAP | $340.9K | 13,400 | +0.03pp | 8q | +8.1%+$25.4K | |
| LOWES COS INC | LOW | $340.4K | 1,847 | -0.07pp | 8q | HELD | |
| REGIONS FINANCIAL CORP NEW | RF | $336.0K | 12,501 | -0.04pp | 8q | HELD | |
| UNION PAC CORP | UNP | $317.8K | 1,168 | -0.03pp | 8q | -7.9%-$27.2K | |
| TRUIST FINL CORP | TFC | $306.0K | 6,609 | -0.02pp | 8q | HELD | |
| VANGUARD MUN BD FDS | VTEL | $302.7K | 3,150 | -0.03pp | 5q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $292.8K | 575 | flat | 8q | HELD | |
| WALMART INC | WMT | $291.2K | 2,802 | -0.03pp | 8q | HELD | |
| BROADCOM INC | AVGO | $289.7K | 825 | -0.06pp | 6q | -9.8%-$31.6K | |
| CHEVRON CORPORATION | CVX | $287.1K | 1,406 | +0.05pp | 8q | HELD | |
| ALPHABET INC | GOOG | $283.4K | 832 | -0.01pp | 5q | HELD | |
| CTO RLTY GROWTH INC NEW | CTO | $280.7K | 13,700 | -0.01pp | 8q | HELD | |
| RTX CORPORATION | RTX | $274.1K | 1,476 | -0.01pp | 8q | HELD | |
| VICI PPTYS INC | VICI | $272.1K | 11,847 | -0.04pp | 8q | HELD | |
| CELESTICA INC | CLS | $271.8K | 752 | -0.01pp | 4q | -0.8%-$2.2K | |
| FIDUS INVT CORP | FDUS | $271.1K | 14,070 | flat | 8q | HELD | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $264.5K | 1,740 | - | new | NEW | |
| EASTERLY GOVT PPTYS INC | DEA | $255.2K | 11,000 | -0.02pp | 3q | HELD | |
| NUTRIEN LTD | NTR | $252.9K | 3,600 | +0.03pp | 6q | HELD | |
| LADDER CAP CORP | LADR | $252.7K | 28,948 | -0.04pp | 8q | HELD | |
| DISNEY WALT CO | DIS | $249.8K | 2,381 | -0.01pp | 8q | -11.2%-$31.5K | |
| CAPITAL GROUP DIVIDEND VALUE | CGDV | $244.6K | 5,008 | - | new | NEW | |
| nan | MELI | $242.0K | 140 | flat | 2q | HELD | |
| BLACKROCK HEALTH SCIENCES TR | BME | $238.3K | 5,400 | +0.01pp | 5q | HELD | |
| ARES CAPITAL CORP | ARCC | $237.2K | 12,420 | +0.01pp | 8q | HELD | |
| SCHWAB STRATEGIC TR | SCHY | $235.5K | 7,499 | flat | 6q | HELD | |
| PERSHING SQUARE USA LTD | PSUS | $232.1K | 6,256 | - | new | NEW | |
| VERIZON COMMUNICATIONS INC | VZ | $229.3K | 5,000 | +0.02pp | 8q | HELD | |
| CAPITAL GROUP CORE EQUITY ET | CGUS | $228.4K | 5,134 | - | new | NEW | |
| HCA Healthcare, Inc. | HCA | $227.3K | 533 | +0.02pp | 6q | HELD | |
| M & T BK CORP | MTB | $225.9K | 1,038 | -0.21pp | 8q | -43.5%-$174.1K | |
| ECOLAB INC | ECL | $214.2K | 780 | flat | 6q | HELD | |
| VANGUARD INDEX FDS | VUG | $212.1K | 2,354 | +0.01pp | 2q | HELD | |
| GOLDMAN SACHS ETF TR | GPIQ | $208.7K | 3,599 | flat | 2q | +1.0%+$2.0K | |
| SMARTFINANCIAL INC | SMBK | $205.7K | 4,150 | - | new | NEW | |
| ETF SER SOLUTIONS | RIET | $196.2K | 23,005 | +0.02pp | 3q | +28.4%+$43.4K | |
| CMB.TECH NV | CMBT | $189.3K | 10,000 | +0.05pp | 4q | HELD | |
| BURFORD CAPITAL LIMITED | BUR | $184.2K | 47,000 | -0.19pp | 8q | -48.1%-$170.9K | |
| AH RLTY TR INC | AHRT | $178.1K | 29,200 | -0.03pp | 7q | HELD | |
| LANDS END INC NEW | LE | $173.7K | 16,892 | -0.05pp | 7q | -20.3%-$44.2K | |
| AUNA S A CLASS A | AUNA | $159.4K | 32,000 | -0.06pp | 5q | -23.8%-$49.8K | |
| COHEN & STEERS TOTAL RETURN | RFI | $152.1K | 14,500 | +0.04pp | 4q | +45.0%+$47.2K | |
| WENDYS CO | WEN | $137.2K | 21,500 | - | new | NEW | |
| BLUE OWL CAPITAL CORPORATION | OBDC | $134.8K | 12,855 | -0.01pp | 8q | HELD | |
| INTER & CO INC | INTR | $133.5K | 25,000 | +0.05pp | 2q | +66.7%+$53.4K | |
| FORD MTR CO | F | $120.6K | 10,000 | -0.02pp | 8q | HELD | |
| ARRAY TECHNOLOGIES INC | ARRY | $64.5K | 16,000 | - | new | NEW | |
| VERRA MOBILITY CORP | VRRM | $31.0K | 10,000 | -0.01pp | 2q | HELD | |
| APARTMENT INVT & MGMT CO | AIV | $29.7K | 15,000 | -0.01pp | 4q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Banks & Lending | $17.9M | 17.9% |
| Insurance | $7.8M | 7.8% |
| Real Estate | $7.6M | 7.5% |
| Business Services | $6.9M | 6.9% |
| Computer Hardware | $6.9M | 6.8% |
| Energy | $6.3M | 6.3% |
| Transport & Logistics | $6.2M | 6.2% |
| Retail & Consumer | $5.7M | 5.7% |
| Software & IT Services | $5.4M | 5.3% |
| Capital Markets | $2.7M | 2.7% |
| Funds & ETFs | $2.2M | 2.2% |
| Industrials | $1.6M | 1.6% |
| Other sectors | $8.5M | 8.5% |
| Not classified | $14.5M | 14.5% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | -1.2% | +2.1% | -3.3% | 100% |
| Q2 2026 | +8.3% | +14.8% | -6.5% | 100% |
| Q1 2026 | -2.4% | -4.6% | +2.2% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +3.9% | +7.8% | -3.9% | 100% |
| Q2 2025 | +3.7% | +10.5% | -6.7% | 100% |
| Q1 2025 | -0.5% | -4.6% | +4.0% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $100.2M | 125 | 13 | 25 | 23 | 14 | 33.2% | 26 |
| Q2 2026 | $99.9M | 126 | 10 | 25 | 19 | 11 | 32.2% | 22 |
| Q1 2026 | $90.1M | 127 | 9 | 38 | 24 | 5 | 31.6% | 24 |
| Q4 2025 | $90.9M | 123 | 8 | 13 | 28 | 8 | 32.7% | 23 |
| Q3 2025 | $90.3M | 123 | 11 | 25 | 27 | 10 | 32.9% | 21 |
| Q2 2025 | $86.3M | 122 | 15 | 36 | 18 | 12 | 34.2% | 22 |
| Q1 2025 | $78.9M | 119 | 12 | 25 | 32 | 13 | 36.3% | 23 |
| Q4 2024 | $76.7M | 120 | 0 | 0 | 0 | 0 | 37.8% | 36 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.