SEC 13F Intelligence

Managers / Q1 2026

Sage Investment Counsel LLC

CIK 0002055178 · 142 5TH AVENUE NORTH, SUITE A, FRANKLIN, TN, 37064 · 615-591-1210

Reported Value
$90M
Q1 2026
Positions
127
Filings on Record
6
2019–present window
Filed
Apr 24, 2026
original filing

Summary

Sage Investment Counsel LLC reported $90M in U.S.-listed holdings across 127 positions for Q1 2026.

Its largest position, PNFP, represents 7.2% of the portfolio.

Compared with Q4 2025, the fund opened 9 new positions and exited 5.

Portfolio Metrics

Turnover
+14.5%
vs prior filed quarter
Top-10 Concentration
+36.1%
share of reported value
Largest Position
+7.2%
Pinnacle Finl Partners
New / Exited
9 / 5
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q4 ’24: $77MQ4 ’24Q1 ’25: $79MQ1 ’25Q2 ’25: $86MQ2 ’25Q3 ’25: $90MQ3 ’25Q4 ’25: $91MQ4 ’25Q1 ’26: $90MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 71.9%ETP: 13.3%ADR: 5.3%MLP: 4.0%REIT: 3.8%Other: 1.7%
  • Common Stock · 71.9% · $65M
  • ETP · 13.3% · $12M
  • ADR · 5.3% · $5M
  • MLP · 4.0% · $4M
  • REIT · 3.8% · $3M
  • Other · 1.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PNFPPINNACLE FINL PARTNERS INCNEW+74.9K74.9K+$6M$6M
AGXARGAN INCNEW+403403+$219,404$219,404
DEAEASTERLY GOVT PPTYS INCNEW+10.0K10.0K+$214,300$214,300
QSRRESTAURANT BRANDS INTL INCNEW+2.9K2.9K+$211,724$211,724
BEPCBROOKFIELD RENEWABLE CORPNEW+5.2K5.2K+$206,319$206,319
IWMISHARES TRNEW+816816+$202,290$202,290
ETF SER SOLUTIONSNEW+17.8K17.8K+$160,347$160,347
SFLSFL CORPORATION LTDNEW+10.0K10.0K+$107,900$107,900

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

Holdings — Q1 2026

117 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PNFPPINNACLE FINL PARTNERS INChistory →COM7.16%$6M74.9K
2BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW5.47%$5M4.3K
3AAPLAPPLE INChistory →COM5.41%$5M19.2K
4VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · SM CP VAL ETF · REAL ESTATE ETF · VALUE ETF4.33%$4M17.3K
5ETENERGY TRANSFER L Phistory →COM UT LTD PTN2.89%$3M134.8K
6BNBROOKFIELD CORPhistory →CL A LTD VT SH2.49%$2M55.4K
7VVISA INChistory →COM CL A2.36%$2M7.0K
8VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EMR MKT ETF2.08%$2M18.6K
9UBERUBER TECHNOLOGIES INChistory →COM2.02%$2M25.3K
10CBCHUBB LTD SWITZhistory →COM1.94%$2M5.4K
11HHHHOWARD HUGHES HOLDINGS INChistory →COM1.91%$2M27.2K
12SPHQINVESCO EXCHANGE TRADED FD Thistory →S&P500 QUALITY1.86%$2M22.3K
13TFSLTFS FINL CORPhistory →COM1.82%$2M116.9K
14BACBANK AMERICA CORPhistory →COM1.75%$2M32.3K
15JPMJPMORGAN CHASE & COhistory →COM1.74%$2M5.3K
16SNXTD SYNNEX CORPORATIONhistory →COM1.69%$2M9.0K
17ENBENBRIDGE INChistory →COM1.61%$1M26.8K
18CATCATERPILLAR INChistory →COM1.58%$1M2.0K
19AMZNAMAZON COM INChistory →COM1.54%$1M6.7K
20BIPCBROOKFIELD INFRASTRUCTURE PAhistory →LP INT UNIT1.51%$1M37.8K
21DGDOLLAR GEN CORPhistory →COM1.50%$1M11.4K
22SLMSLM CORPhistory →COM1.39%$1M58.5K
23LENLENNAR CORPhistory →CL A1.39%$1M14.4K
24EXMOCEXXON MOBIL CORPhistory →COM1.39%$1M7.4K
25VCLTVANGUARD SCOTTSDALE FDSLG-TERM COR BD · INT-TERM CORP1.38%$1M16.1K
26RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADR1.38%$1M21.6K
27MSFTMICROSOFT CORPhistory →COM1.30%$1M3.2K
28EUSAISHARES INChistory →MSCI EQUAL WEITE1.21%$1M10.7K
29OREALTY INCOME CORPhistory →COM1.13%$1M16.6K
30EPDENTERPRISE PRODS PARTNERS Lhistory →COM1.10%$995,88426.3K
31SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US LCAP GR ETF · INTERNL DIVID1.09%$983,65532.3K
32STZCONSTELLATION BRANDS INChistory →CL A1.02%$915,8266.1K
33OMABGRUPO AEROPORTUARIO DEL CENTSPON ADR0.89%$803,1107.0K
34BEPCBROOKFIELD RENEWABLE ENERGYPARTNERSHIP UNIT0.79%$715,63221.9K
35AZOAUTOZONE INCCOM0.77%$692,445205
36PACGRUPO AEROPORTUNARIO DEL PACSPON ADS B0.75%$676,4242.7K
37CNQCANADIAN NAT RES LTD MED TERCOM0.75%$672,47413.8K
38OMFONEMAIN HLDGS INCCOM0.73%$658,14112.3K
39USBUS BANCORPCOM NEW0.69%$626,48112.0K
40HDHOME DEPOT INCCOM0.67%$604,8291.8K
41VXUSVANGUARD STAR FDSVG TL INTL STK F0.64%$576,9947.5K
42SUSUNCOR ENERGY INC NEWCOM0.63%$568,5468.6K
43GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.62%$556,4791.9K
44FDXFEDEX CORPCOM0.61%$552,0791.6K
45WHRWHIRLPOOL CORPCOM0.61%$548,47410.2K
46DVADAVITA INCCOM0.61%$546,3683.6K
47FLGFLAGSTAR BANK NATIONAL ASSOCCOM NEW0.60%$545,23841.4K
48OXYOCCIDENTAL PETE CORPCOM0.54%$488,2157.5K
49FCXFREEPORT MCMORAN INCCL B0.54%$487,8748.3K
50ABEVAMBEV SASPONSORED ADR0.54%$483,260165.5K
51TSLXSIXTH STREET SPECIALTY LENDICOM0.52%$470,10925.6K
52CSCOCISCO SYS INCCOM0.51%$457,3175.9K
53BXSLBLACKSTONE SECD LENDING FDCOMMON STOCK0.49%$445,39518.8K
54COFCAPITAL ONE FINL CORPCOM0.49%$445,0562.4K
55HTZHERTZ GLOBAL HLDGS INCCOM NEW0.49%$445,04996.5K
56LOWLOWES COS INCCOM0.49%$444,4771.9K
57RITMRITHM CAPITAL CORPCOM NEW0.49%$442,71646.7K
58WHITE MTNS INS GROUP LTDCOM0.49%$439,392200
59HRHEALTHCARE RLTY TRCL A COM0.48%$429,20025.3K
60METAMETA PLATFORMS INCCL A0.47%$424,351742
61JANUS HENDERSON GROUP PLCORD SHS0.46%$411,7318.0K
62MTBM & T BK CORPCOM0.42%$379,8871.8K
63KOFCOCA-COLA FEMSA SAB DE CVSPONS ADS REP0.40%$360,9353.7K
64WMTWALMART INCCOM0.40%$357,6782.9K
65LMTLOCKHEED MARTIN CORPCOM0.39%$347,524575
66APOAPOLLO GLOBAL MGMT INCCOM0.37%$333,1463.0K
67JOEST JOE COCOM0.36%$326,5605.2K
68BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.36%$325,5692.6K
69RFREGIONS FINANCIAL CORP NEWCOM0.36%$325,09812.4K
70VICIVICI PPTYS INCCOM0.36%$323,65111.8K
71UNPUNION PAC CORPCOM0.35%$319,7731.3K
72MAMASTERCARD INCORPORATEDCL A0.35%$317,417635
73CORPORACION AMER ARPTS S ACOM0.35%$313,59612.4K
74NVDANVIDIA CORPORATIONCOM0.35%$311,1721.8K
75VTELVANGUARD MUN BD FDSLONG TERM TAX EX0.34%$307,5303.0K
76ADCAGREE RLTY CORPCOM0.34%$306,6584.1K
77AVGOBROADCOM INCCOM0.34%$306,415990
78TFCTRUIST FINL CORPCOM0.34%$302,0036.6K
79CVXCHEVRON CORPORATIONCOM0.32%$290,5711.4K
80RTXRTX CORPORATIONCOM0.32%$284,6951.5K
81LADRLADDER CAP CORPCL A0.31%$282,82428.9K
82DEODIAGEO PLCSPON ADR NEW0.31%$275,4653.7K
83NTRNUTRIEN LTDCOM0.30%$271,6563.6K
84AVALGRUPO AVAL ACCIONES Y VALORESPONSORED ADS0.30%$268,20261.0K
85CWCURTISS WRIGHT CORPCOM0.30%$266,999392
86DISDISNEY WALT COCOM0.29%$258,3952.7K
87CIBGRUPO CIBEST SASPON ADS0.28%$254,8353.5K
88CTOCTO RLTY GROWTH INC NEWCOM0.28%$253,31313.7K
89HCAHCA HEALTHCARE INCCOM0.28%$251,989532
90VZVERIZON COMMUNICATIONS INCCOM0.28%$251,0005.0K
91FDUSFIDUS INVT CORPCOM0.25%$227,68113.1K
92ARCCARES CAPITAL CORPCOM0.25%$223,81412.4K
93AGXARGAN INCCOM0.24%$219,404403
94DEAEASTERLY GOVT PPTYS INCCOM SHS0.24%$214,30010.0K
95CLSCELESTICA INCCOM0.24%$213,513758
96QSRRESTAURANT BRANDS INTL INCCOM0.23%$211,7242.9K
97XBMEXBLACKROCK HEALTH SCIENCES TRCOM0.23%$207,9545.4K
98ECLECOLAB INCCOM0.23%$207,496780
99BEPCBROOKFIELD RENEWABLE CORPCL A EX SUB VTG0.23%$206,3195.2K
100IWMISHARES TRRUSSELL 2000 ETF0.22%$202,290816

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$90M127Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$91M123Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$90M123Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$86M122Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$79M119Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$77M120Feb 5, 202513F-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 ↗.