SEC 13F Intelligence

Managers / Q4 2024 · view latest →

SAGE ADVISORS, LLC

CIK 0002032121 · 421 PINE STREET, BOULDER, CO, 80302 · (317) 363-6204

Reported Value
$134M
Q4 2024
Positions
28
Filings on Record
9
2019–present window
Filed
Jan 30, 2025
original filing

Summary

Sage Advisors, LLC reported $134M in U.S.-listed holdings across 28 positions for Q4 2024.

The portfolio is heavily concentrated: OBDC alone accounts for 23.4% of reported value.

Compared with Q3 2024, the fund opened 4 new positions and exited 1.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+87.0%
share of reported value
Largest Position
+23.4%
Blue Owl Capital Corporation
New / Exited
4 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q3 ’24: $127MQ3 ’24Q4 ’24: $134MQ4 ’24Q1 ’25: $142MQ1 ’25Q2 ’25: $140MQ2 ’25Q3 ’25: $140MQ3 ’25Q4 ’25: $151MQ4 ’25filingsflow.com

Portfolio Composition

By security type
Common Stock: 80.7%REIT: 10.9%MLP: 4.4%ETP: 4.1%
  • Common Stock · 80.7% · $108M
  • REIT · 10.9% · $15M
  • MLP · 4.4% · $6M
  • ETP · 4.1% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MOALTRIA GROUP INCNEW+49.2K49.2K+$3M$3M
BLKBLACKROCK INCNEW+443443+$454,033$454,033
PLTRPALANTIR TECHNOLOGIES INCNEW+4.9K4.9K+$369,074$369,074
ARESARES MANAGEMENT CORPORATIONNEW+1.5K1.5K+$260,411$260,411
BLKCHFBLACKROCK INCSOLD OUT4410$418,798$0
NDQINVESCO QQQ TRADDED+6863.3K+$410,506$2M
SPDR DOW JONES INDL AVERAGEADDED+7823.9K+$340,106$2M
COSTCOSTCO WHSL CORP NEWADDED+2591.5K+$273,438$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2024

28 positions
#IssuerClass% PortfolioValueShares
1OBDCBLUE OWL CAPITAL CORPORATIONhistory →COM23.44%$31M2.08M
2ARCCARES CAPITAL CORPhistory →COM15.77%$21M964.7K
3BNLBROADSTONE NET LEASE INChistory →COM10.85%$15M916.0K
4LLYELI LILLY & COhistory →COM10.52%$14M18.2K
5AAPLAPPLE INChistory →COM8.25%$11M44.1K
6AMZNAMAZON COM INChistory →COM4.53%$6M27.6K
7EPDENTERPRISE PRODS PARTNERS Lhistory →COM4.36%$6M186.2K
8OKEONEOK INC NEWhistory →COM4.26%$6M56.7K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.11%$4M9.2K
10MOALTRIA GROUP INChistory →COM1.92%$3M49.2K
11NVDANVIDIA CORPORATIONhistory →COM1.87%$2M18.6K
12SPDR S&P 500 ETF TRTR UNIT1.59%$2M3.6K
13MSFTMICROSOFT CORPhistory →COM1.34%$2M4.3K
14NDQINVESCO QQQ TRhistory →UNIT SER 11.25%$2M3.3K
15SPDR DOW JONES INDL AVERAGEUT SER 11.23%$2M3.9K
16METAMETA PLATFORMS INChistory →CL A1.05%$1M2.4K
17COSTCOSTCO WHSL CORP NEWhistory →COM1.00%$1M1.5K
18IBMINTERNATIONAL BUSINESS MACHSCOM0.77%$1M4.7K
197HPHP INCCOM0.70%$940,31628.8K
20HPEHEWLETT PACKARD ENTERPRISE CCOM0.44%$591,92327.7K
21BLKBLACKROCK INCCOM0.34%$454,033443
22PLTRPALANTIR TECHNOLOGIES INCCL A0.28%$369,0744.9K
23AVGOBROADCOM INCCOM0.27%$365,4561.6K
24GOOGLALPHABET INCCAP STK CL A0.23%$311,7371.6K
25ARESARES MANAGEMENT CORPORATIONCL A COM STK0.19%$260,4111.5K
26NEENEXTERA ENERGY INCCOM0.18%$239,1583.3K
27WMWASTE MGMT INC DELCOM0.17%$226,1851.1K
28AGFIRST MAJESTIC SILVER CORPCOM0.08%$102,42118.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$151M48Jan 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$140M39Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$140M36Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$142M32Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$134M28Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$127M25Nov 6, 202413F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.