SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Sage Investment Counsel LLC

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

Reported Value
$79M
Q1 2025
Positions
119
Filings on Record
6
2025–present window
Filed
Apr 23, 2025
original filing

Summary

Sage Investment Counsel LLC reported $79M in U.S.-listed holdings across 119 positions for Q1 2025.

Its largest position, Pinnacle Finl Partners, represents 10.2% of the portfolio.

Compared with Q4 2024, the fund opened 12 new positions and exited 13.

Portfolio Metrics

Turnover
+10.8%
vs prior filed quarter
Top-10 Concentration
+41.3%
share of reported value
Largest Position
+10.2%
Pinnacle Finl Partners
New / Exited
12 / 13
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: 61.1%ETP: 11.5%Other: 11.4%REIT: 5.5%MLP: 5.1%Other: 5.3%
  • Common Stock · 61.1% · $48M
  • ETP · 11.5% · $9M
  • Other · 11.4% · $9M
  • REIT · 5.5% · $4M
  • MLP · 5.1% · $4M
  • Other · 5.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UBERUBER TECHNOLOGIES INCNEW+14.8K14.8K+$1M$1M
RYAAYRYANAIR HOLDINGS PLCNEW+21.6K21.6K+$913,879$913,879
VCITVANGUARD SCOTTSDALE FDSNEW+5.0K5.0K+$409,209$409,209
VCLTVANGUARD SCOTTSDALE FDSNEW+5.3K5.3K+$399,666$399,666
VTVVANGUARD INDEX FDSNEW+1.4K1.4K+$249,520$249,520
DEODIAGEO PLCNEW+2.2K2.2K+$230,538$230,538
JOEST JOE CONEW+4.7K4.7K+$220,665$220,665
RKTROCKET COS INCNEW+10.0K10.0K+$120,700$120,700

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

Holdings — Q1 2025

112 positions (from 119 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PINNACLE FINL PARTNERS INCCOM10.19%$8M75.8K
2BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW7.32%$6M4.8K
3AAPLAPPLE INChistory →COM5.65%$4M20.1K
4VBRVANGUARD INDEX FDSSM CP VAL ETF · TOTAL STK MKT · S&P 500 ETF SHS · REAL ESTATE ETF · VALUE ETF4.81%$4M19.8K
5ETENERGY TRANSFER L Phistory →COM UT LTD PTN3.18%$3M135.1K
6VVISA INChistory →COM CL A2.28%$2M5.1K
7BNBROOKFIELD CORPhistory →CL A LTD VT SH2.16%$2M32.6K
8VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EMR MKT ETF1.99%$2M18.8K
9EPDENTERPRISE PRODS PARTNERS Lhistory →COM1.94%$2M44.9K
10HHHHOWARD HUGHES HOLDINGS INChistory →COM1.80%$1M19.2K
11TFSLTFS FINL CORPhistory →COM1.80%$1M114.6K
12BACBANK AMERICA CORPhistory →COM1.70%$1M32.2K
13JPMJPMORGAN CHASE & CO.history →COM1.70%$1M5.5K
14MSFTMICROSOFT CORPhistory →COM1.59%$1M3.3K
15ENBENBRIDGE INChistory →COM1.50%$1M26.8K
16BIPCBROOKFIELD INFRAST PARTNERShistory →LP INT UNIT1.43%$1M37.8K
17CBCHUBB LIMITEDhistory →COM1.41%$1M3.7K
18UBERUBER TECHNOLOGIES INChistory →COM1.37%$1M14.8K
19DGDOLLAR GEN CORP NEWhistory →COM1.35%$1M12.1K
20NKENIKE INChistory →CL B1.28%$1M15.9K
21OREALTY INCOME CORPhistory →COM1.23%$967,99716.7K
22EXMOCEXXON MOBIL CORPhistory →COM1.21%$953,3878.0K
23RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADR1.16%$913,87921.6K
24EUSAISHARES INChistory →MSCI EQUAL WEITE1.14%$899,3009.6K
25SNXTD SYNNEX CORPORATIONhistory →COM1.09%$862,2448.3K
26VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP · LG-TERM COR BD1.03%$808,87510.3K
27AZOAUTOZONE INCCOM0.99%$781,620205
28DVADAVITA INCCOM0.96%$760,4145.0K
29SIRISIRIUSXM HOLDINGS INCCOMMON STOCK0.91%$718,38731.9K
30FLGFLAGSTAR FINANCIAL INCCOM NEW0.89%$705,21260.7K
31CATCATERPILLAR INCCOM0.87%$684,0882.1K
32HDHOME DEPOT INCCOM0.86%$680,5721.9K
33JANUS HENDERSON GROUP PLCORD SHS0.83%$651,17018.0K
34OMFONEMAIN HLDGS INCCOM0.79%$625,86012.8K
35BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.77%$604,1594.6K
36METAMETA PLATFORMS INCCL A0.76%$602,5351.0K
37OXYOCCIDENTAL PETE CORPCOM0.76%$599,28012.1K
38TSLXSIXTH STREET SPECIALTY LENDICOM0.75%$588,08426.3K
39RTXRTX CORPORATIONCOM0.72%$566,6484.3K
40OMABGRUPO AEROPORTUARIO DEL CENTSPON ADR0.70%$550,4107.0K
41RITMRITHM CAPITAL CORPCOM NEW0.69%$546,16547.7K
42PACGRUPO AEROPUERTO DEL PACIFICSPON ADS B0.64%$508,2972.7K
43USBUS BANCORP DELCOM NEW0.64%$507,99912.0K
44BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.62%$485,85821.9K
45DISCOVER FINL SVCSCOM0.60%$476,2532.8K
46CPCANADIAN PACIFIC KANSAS CITYCOM0.57%$452,2936.4K
47SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ0.57%$451,89216.2K
48VXUSVANGUARD STAR FDSVG TL INTL STK F0.56%$444,4147.2K
49ABRARBOR REALTY TRUST INCCOM0.55%$435,92537.1K
50HRHEALTHCARE RLTY TRCL A COM0.55%$431,44725.5K
51CNQCANADIAN NAT RES LTDCOM0.54%$425,04013.8K
52BURBURFORD CAP LTDORD SHS0.54%$422,72032.0K
53LOWLOWES COS INCCOM0.53%$420,0471.8K
54SPHQINVESCO EXCHANGE TRADED FD TS&P500 QUALITY0.52%$410,4056.2K
55ETF SER SOLUTIONSHOYA CAPT HI DIV0.51%$401,68240.0K
56ABEVAMBEV SASPONSORED ADR0.49%$385,615165.5K
57WHITE MTNS INS GROUP LTDCOM0.49%$385,162200
58DISDISNEY WALT COCOM0.49%$383,0553.9K
59FDXFEDEX CORPCOM0.48%$377,8591.6K
60CSCOCISCO SYS INCCOM0.47%$368,2126.0K
61BXSLBLACKSTONE SECD LENDING FDCOMMON STOCK0.46%$361,60411.2K
62ADCAGREE RLTY CORPCOM0.46%$361,5174.7K
63APOAPOLLO GLOBAL MGMT INCCOM0.45%$354,6752.6K
64VICIVICI PPTYS INCCOM0.45%$353,45010.8K
65MAMASTERCARD INCORPORATEDCL A0.44%$348,173635
66ELVELEVANCE HEALTH INCCOM0.44%$344,492792
67MTBM & T BK CORPCOM0.42%$328,2941.8K
68AREALEXANDRIA REAL ESTATE EQ INCOM0.41%$326,2123.5K
69SUSUNCOR ENERGY INC NEWCOM0.41%$325,2488.4K
70KOFCOCA-COLA FEMSA SAB DE CVSPONS ADS REP0.41%$319,5153.5K
71FCXFREEPORT-MCMORAN INCCL B0.40%$314,2388.3K
72UNPUNION PAC CORPCOM0.39%$311,3641.3K
73CTOCTO RLTY GROWTH INC NEWCOM0.39%$309,74816.0K
74UNILEVER PLCSPON ADR NEW0.38%$303,7055.1K
75ARCCARES CAPITAL CORPCOM0.38%$297,39413.4K
76VZVERIZON COMMUNICATIONS INCCOM0.37%$289,8056.4K
77TFCTRUIST FINL CORPCOM0.36%$287,7167.0K
78WMTWALMART INCCOM0.34%$270,2183.1K
79RFREGIONS FINANCIAL CORP NEWCOM0.34%$269,80412.4K
80SWXSOUTHWEST GAS HLDGS INCCOM0.34%$265,7803.7K
81SAFESAFEHOLD INCCOM0.33%$263,95214.1K
82FDVVFIDELITY COVINGTON TRUSTHIGH DIVID ETF0.33%$258,2865.2K
83LMTLOCKHEED MARTIN CORPCOM0.33%$256,858575
84FDUSFIDUS INVT CORPCOM0.31%$246,10912.1K
85CVXCHEVRON CORP NEWCOM0.30%$234,7061.4K
86DEODIAGEO PLCSPON ADR NEW0.29%$230,5382.2K
87JOEST JOE COCOM0.28%$220,6654.7K
88BUIBLACKROCK UTILS INFRASTRUCTUCOM0.28%$219,3599.7K
89PGPROCTER AND GAMBLE COCOM0.28%$219,3311.3K
90LADRLADDER CAP CORPCL A0.27%$215,41218.9K
91LADLITHIA MTRS INCCOM0.26%$205,478700
92OKEONEOK INC NEWCOM0.26%$201,5632.0K
93FFORD MTR COCOM0.25%$197,59119.7K
94CCUCOMPANIA CERVECERIAS UNIDASSPONSORED ADR0.24%$186,96012.3K
95CORPORACION AMER ARPTS S ACOM0.24%$186,66010.2K
96OBDCBLUE OWL CAPITAL CORPORATIONCOM0.23%$180,48612.3K
97PNNTPENNANTPARK INVT CORPCOM0.18%$140,60020.0K
98RKTROCKET COS INCCOM CL A0.15%$120,70010.0K
99ECECOPETROL S ASPONSORED ADS0.15%$120,06011.5K
100LELANDS END INC NEWCOM0.14%$114,27111.2K

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 ↗.