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Sage Capital Management, LLC — 13F Holdings & Portfolio

CIK 2030667 · latest 13F-HR filed 2026-07-20

Backtest portfolio

Sage Capital Management, LLC manages $256.2M in 13F-reported U.S. long-equity assets across 167 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (6.16%), XLK (4.98%), PAVE (4.90%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 15 new positions and exited 11; 97 existing positions rose in reported value and 20 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$256.2M

Long-equity book

Holdings
167

Distinct positions

Period
2026-06-30

Filed 2026-07-20

Q/Q Activity
+15 / −11 / ↑97 / ↓20

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
NVDA6.2% · -0%XLK5.0% · +1%PAVE4.9% · +1%QQQ4.4% · +5%SPY3.5% · +2%STRV2.9% · newPHO2.6% · -0%HACK2.6% · -2%RSP2.2% · -0%XLP2.2% · +1%CWB2.1% · +1%QTUM2.1% · +0%DON1.8% · +0%AMD1.6% · +20%BOTZ1.6% · +12%XITK1.5% · -2%DBEF1.5% · +2%IBM1.5% · -2%SDY1.4% · -0%XBI1.4% · +18%AMZN1.3% · +104%SPXX1.2% · -16%CIBR1.2% · +4%MINT1.2% · +6%AAPL1.1% · -3%CRWD1.1% · -7%GRID1.1% · -1%TSLA1.0% · +653%JEPI1.0% · -10%DTCR1.0% · 0%DIA1.0% · +12%TQQQ0.9% · +0%GOOG0.9% · newIWF0.8% · +301%HEDJ0.8% · +7%IBB0.8% · newLAMR0.8% · -7%SKYY0.8% · +14%BRK.B0.8% · 0%SDOG0.8% · -2%MSFT0.7% · +0%PBJ0.7% · -11%FDN0.7% · +18%HQH0.6% · +18%SPYD0.6% · +2%IJH0.6% · +0%TECL0.6% · +0%SPHQ0.6% · -2%IVV0.5% · +0%FIW0.5% · -2%XHB0.5% · +0%XLU0.5% · +0%EWU0.5% · +1%ARM0.5% · +52%XLB0.4% · +0%XLV0.4% · -9%PSA0.4% · -12%VTIP0.4% · -1%COST0.4% · 0%LIT0.4% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 36.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jun 30, 2026.

Assets Under Management
$4.29B
Discretionary
$3.91B
Employees
28
Accounts
4,334
Address
FIVE TOWER BRIDGE
300 BARR HARBOR DRIVE, SUITE 200
WEST CONSHOHOCKEN, PA 19428
Phone
(484) 342-4400
Website
Name Title / Status Ownership Type
COHN, ALAN, JEFFREY ControlCO-PRESIDENT, CFO, CIO, DIRECTOR
since Oct 1991
Less than 5%Individual
COHN, STEPHEN, LEONARD ControlCO-PRESIDENT, COO, DIRECTOR
since Oct 1991
Less than 5%Individual
SION, JOHN, JAMES ControlCHIEF COMPLIANCE OFFICER, PARTNER
since Jan 2007
5–10%Individual
THE CFG TRUST ControlSHAREHOLDER
since May 2026
25–50%Domestic Entity
THE SFG TRUST ControlSHAREHOLDER
since May 2026
25–50%Domestic Entity
BEDNOFF, MITCHELL, EVANVICE PRESIDENT, PARTNER
since Jan 2007
5–10%Individual
COHN, ALAN, JEFFREY Control
Indirect owner via THE CFG TRUST
TRUSTEE
since May 2026
General partner, trustee or managerIndividual
COHN, STEPHEN, LEONARD Control
Indirect owner via THE SFG TRUST
TRUSTEE
since May 2026
General partner, trustee or managerIndividual
Ownership & leadership changes · 6 filings with changes since Nov 28, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Jun 30, 2026 filing
  • No longer listedCOHN, DARLENE, L · TRUSTEE · General partner, trustee or manager · indirect via THE CFG TRUST · control person · listed since May 2026
  • No longer listedCOHN, IVY, LAUREN · TRUSTEE · General partner, trustee or manager · indirect via THE SFG TRUST · control person · listed since May 2026
Jun 26, 2026 filing
  • AddedCOHN, ALAN, JEFFREY · TRUSTEE · General partner, trustee or manager · indirect via THE CFG TRUST · control person
  • AddedCOHN, DARLENE, L · TRUSTEE · General partner, trustee or manager · indirect via THE CFG TRUST · control person
  • AddedCOHN, IVY, LAUREN · TRUSTEE · General partner, trustee or manager · indirect via THE SFG TRUST · control person
  • AddedCOHN, STEPHEN, LEONARD · TRUSTEE · General partner, trustee or manager · indirect via THE SFG TRUST · control person
  • AddedTHE CFG TRUST · SHAREHOLDER · 25–50% · control person
  • AddedTHE SFG TRUST · SHAREHOLDER · 25–50% · control person
  • ChangedCOHN, ALAN, JEFFREY · ownership 25–50% → Less than 5%
  • ChangedCOHN, STEPHEN, LEONARD · ownership 25–50% → Less than 5%
Mar 16, 2020 filing
  • ChangedBEDNOFF, MITCHELL, EVAN · title PARTNER → VICE PRESIDENT, PARTNER
Mar 9, 2017 filing
  • ChangedSION, JOHN, JAMES · now a control person
Mar 23, 2015 filing
  • ChangedSION, JOHN, JAMES · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER, PARTNER
Nov 28, 2012 filing
  • No longer listedCOHN, DAVID, MARTIN · CEO, DIRECTOR · 25–50% · control person · listed since Oct 1991
Nov 28, 2011 filing (earliest on record)
  • ListedBEDNOFF, MITCHELL, EVAN · PARTNER · 5–10%
  • ListedCOHN, ALAN, JEFFREY · CO-PRESIDENT, CFO, CIO, DIRECTOR · 25–50% · control person
  • ListedCOHN, DAVID, MARTIN · CEO, DIRECTOR · 25–50% · control person
  • ListedCOHN, STEPHEN, LEONARD · CO-PRESIDENT, COO, DIRECTOR · 25–50% · control person
  • ListedSION, JOHN, JAMES · CHIEF COMPLIANCE OFFICER · 5–10%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 97 →

Top Trims

Show all 20 →

New Positions

Show all 15 →

Exited Positions

Show all 11 →

Sage Capital Management, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 NVIDIA CORPORATION NVDA 67066G104 $15.8M 6.16% 78,806 SH
2 SELECT SECTOR SPDR TR XLK 81369Y803 $12.8M 4.98% 67,001 SH
3 GLOBAL X FDS PAVE 37954Y673 $12.6M 4.90% 213,126 SH
4 INVESCO QQQ TR QQQ 46090E103 $11.2M 4.37% 15,157 SH
5 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $8.9M 3.46% 11,867 SH
6 EA SERIES TRUST STXF 02072L680 $7.5M 2.93% 155,447 SH
7 INVESCO EXCHANGE TRADED FD T PHO 46137V142 $6.7M 2.61% 96,853 SH
8 AMPLIFY ETF TR HACK 032108664 $6.6M 2.56% 62,415 SH
9 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $5.7M 2.23% 26,861 SH
10 SELECT SECTOR SPDR TR XLP 81369Y308 $5.7M 2.21% 68,203 SH
11 SPDR SERIES TRUST CWB 78464A359 $5.4M 2.12% 50,263 SH
12 ETF SER SOLUTIONS QTUM 26922A420 $5.3M 2.06% 31,894 SH
13 WISDOMTREE TR DON 97717W505 $4.5M 1.76% 79,919 SH
14 ADVANCED MICRO DEVICES INC AMD 007903107 $4.1M 1.59% 6,981 SH
15 GLOBAL X FDS BOTZ 37954Y715 $4.0M 1.57% 106,034 SH
16 SPDR SERIES TRUST XITK 78464A110 $3.9M 1.51% 19,776 SH
17 DBX ETF TR DBEF 233051200 $3.8M 1.50% 70,377 SH
18 INTERNATIONAL BUSINESS MACHS IBM 459200101 $3.7M 1.46% 13,322 SH
19 SPDR SERIES TRUST SDY 78464A763 $3.6M 1.41% 23,658 SH
20 SPDR SERIES TRUST XBI 78464A870 $3.5M 1.36% 21,992 SH
21 AMAZON COM INC AMZN 023135106 $3.3M 1.29% 13,845 SH
22 NUVEEN S&P 500 DYNAMIC OVERW SPXX 6706EW100 $3.1M 1.21% 166,576 SH
23 FIRST TR EXCHANGE-TRADED FD CIBR 33734X846 $3.1M 1.20% 34,239 SH
24 PIMCO ETF TR MINT 72201R833 $3.0M 1.18% 30,041 SH
25 APPLE INC AAPL 037833100 $2.9M 1.14% 10,053 SH
26 CROWDSTRIKE HLDGS INC CRWD 22788C105 $2.9M 1.12% 3,762 SH
27 FIRST TR EXCHANGE-TRADED FD GRID 33737A108 $2.8M 1.09% 14,505 SH
28 TESLA INC TSLA 88160R101 $2.7M 1.05% 6,373 SH
29 J P MORGAN EXCHANGE TRADED F JEPI 46641Q332 $2.6M 1.02% 46,355 SH
30 GLOBAL X FDS DTCR 37954Y236 $2.6M 1.00% 84,090 SH
31 STATE STR SPDR DOW JONES IND DIA 78467X109 $2.4M 0.96% 4,680 SH
32 PROSHARES TR TQQQ 74347X831 $2.4M 0.92% 29,125 SH
33 ALPHABET INC GOOG 02079K107 $2.3M 0.90% 6,558 SH
34 ISHARES TR IWF 464287614 $2.2M 0.84% 17,360 SH
35 WISDOMTREE TR HEDJ 97717X701 $2.1M 0.82% 36,891 SH
36 ISHARES TR IBB 464287556 $2.1M 0.81% 10,923 SH
37 LAMAR ADVERTISING CO LAMR 512816109 $2.0M 0.79% 12,967 SH
38 FIRST TR EXCHANGE-TRADED FD SKYY 33734X192 $2.0M 0.77% 14,679 SH
39 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $2.0M 0.77% 3,921 SH
40 ALPS ETF TR SDOG 00162Q858 $1.9M 0.76% 28,381 SH
41 MICROSOFT CORP MSFT 594918104 $1.9M 0.75% 5,119 SH
42 INVESCO EXCHANGE TRADED FD T PBJ 46137V753 $1.8M 0.71% 38,628 SH
43 FIRST TR EXCHANGE-TRADED FD FDN 33733E302 $1.8M 0.70% 6,754 SH
44 ABRDN HEALTHCARE INVESTORS HQH 87911J103 $1.6M 0.63% 73,807 SH
45 SPDR SERIES TRUST SPYD 78468R788 $1.6M 0.63% 33,674 SH
46 ISHARES TR IJH 464287507 $1.6M 0.61% 20,304 SH
47 DIREXION SHARES ETF TRUST TECL 25459W102 $1.5M 0.60% 6,710 SH
48 INVESCO EXCHANGE TRADED FD T SPHQ 46137V241 $1.5M 0.60% 17,078 SH
49 ISHARES TR IVV 464287200 $1.3M 0.50% 1,705 SH
50 FIRST TR EXCHANGE-TRADED FD FIW 33733B100 $1.2M 0.49% 11,361 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-20 $256.2M 167 0001172661-26-002702
2026-03-31 2026-04-15 $212.8M 163 0001172661-26-001492
2025-12-31 2026-01-15 $216.4M 161 0001172661-26-000200
Filer Information
Address
102 SANDY RIDGE MT. AIRY RD.
STOCKTON, NJ 08559
Phone
(212) 584-4110
Filing Manager
Sage Capital Management, LLC
Stockton, NJ
Signatory
Lawrence C. Busch
President & Chief Compliance Officer