13F HOLDINGS REPORT

Sage Capital Management, LLC

Quarter ended Q3 2025 · Filed October 28, 2025 · Accession 0001172661-25-004453

Total Value

$222.2M

Positions

157

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (157)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	NVIDIA CORPORATION	NVDA	77,012	$14.4M	6.47%
2	GLOBAL X FDS	37954Y673	221,524	$10.6M	4.75%
3	SELECT SECTOR SPDR TR	81369Y803	34,024	$9.6M	4.32%
4	SPDR S&P 500 ETF TR	SPY	12,287	$8.2M	3.68%
5	INVESCO QQQ TR	IVZ	13,485	$8.1M	3.64%
6	INVESCO EXCHANGE TRADED FD T	IVZ	108,823	$7.8M	3.53%
7	AMPLIFY ETF TR	032108664	73,499	$6.4M	2.87%
8	EA SERIES TRUST	02072L680	129,083	$5.6M	2.51%
9	INVESCO EXCHANGE TRADED FD T	IVZ	26,935	$5.1M	2.30%
10	SPDR SERIES TRUST	78464A110	26,495	$5.0M	2.27%
11	SELECT SECTOR SPDR TR	81369Y308	63,165	$5.0M	2.23%
12	WISDOMTREE TR	WT	87,595	$4.6M	2.06%
13	SPDR SERIES TRUST	78464A359	49,271	$4.5M	2.01%
14	INTERNATIONAL BUSINESS MACHS	INTR	15,124	$4.3M	1.92%
15	PIMCO ETF TR	72201R833	40,193	$4.0M	1.82%
16	NUVEEN S&P 500 BUY-WRITE INC	NU	255,618	$3.7M	1.66%
17	GLOBAL X FDS	37954Y715	102,972	$3.6M	1.64%
18	ETF SER SOLUTIONS	26922A420	34,309	$3.6M	1.62%
19	APPLE INC	AAPL	13,516	$3.4M	1.55%
20	SPDR SERIES TRUST	78464A763	23,452	$3.3M	1.48%
21	MICROSOFT CORP	MSFT	5,813	$3.0M	1.35%
22	IRON MTN INC DEL	46284V101	29,205	$3.0M	1.34%
23	FIRST TR EXCHANGE TRADED FD	33734X846	33,368	$2.5M	1.14%
24	PROSHARES TR	74347X831	22,909	$2.4M	1.07%
25	INVESCO EXCHANGE TRADED FD T	IVZ	50,418	$2.3M	1.04%
26	FIRST TR EXCHANGE TRADED FD	33737A108	15,258	$2.3M	1.04%
27	ISHARES TR	464287614	4,331	$2.0M	0.91%
28	CROWDSTRIKE HLDGS INC	CRWD	4,009	$2.0M	0.88%
29	J P MORGAN EXCHANGE TRADED F	46641Q332	33,987	$1.9M	0.87%
30	SPDR SERIES TRUST	78464A870	19,342	$1.9M	0.87%
31	SPDR DOW JONES INDL AVERAGE	78467X109	4,158	$1.9M	0.87%
32	BERKSHIRE HATHAWAY INC DEL	BRK-A	3,821	$1.9M	0.86%
33	DBX ETF TR	233051200	39,618	$1.8M	0.83%
34	WISDOMTREE TR	WT	35,547	$1.8M	0.81%
35	GLOBAL X FDS	37954Y236	85,375	$1.7M	0.79%
36	FIRST TR EXCHANGE TRADED FD	33734X192	13,001	$1.7M	0.79%
37	LAMAR ADVERTISING CO NEW	LAMR	14,255	$1.7M	0.79%
38	ALPS ETF TR	00162Q858	28,695	$1.7M	0.78%
39	FIRST TR EXCHANGE-TRADED FD	33733E302	6,071	$1.7M	0.76%
40	OTIS WORLDWIDE CORP	OTIS	18,534	$1.7M	0.76%
41	AMERICAN TOWER CORP NEW	03027X100	7,737	$1.5M	0.67%
42	AMAZON COM INC	AMZN	6,749	$1.5M	0.67%
43	ISHARES TR	464287507	20,130	$1.3M	0.59%
44	INVESCO EXCHANGE TRADED FD T	IVZ	17,658	$1.3M	0.58%
45	SPDR SERIES TRUST	78464A888	11,520	$1.3M	0.57%
46	FIRST TR EXCHANGE-TRADED FD	33733B100	11,333	$1.3M	0.57%
47	PUBLIC STORAGE OPER CO	PSA-PS	4,398	$1.3M	0.57%
48	ISHARES TR	464287200	1,802	$1.2M	0.54%
49	SELECT SECTOR SPDR TR	81369Y886	13,365	$1.2M	0.52%
50	VANGUARD MALVERN FDS	922020805	22,886	$1.2M	0.52%
51	ABRDN HEALTHCARE INVESTORS	HQH	60,857	$1.1M	0.51%
52	ISHARES TR	46435G334	25,823	$1.1M	0.49%
53	SELECT SECTOR SPDR TR	81369Y209	7,613	$1.1M	0.48%
54	COSTCO WHSL CORP NEW	22160K105	1,100	$1.0M	0.46%
55	SELECT SECTOR SPDR TR	81369Y100	10,997	$985,494	0.44%
56	INVESCO EXCH TRADED FD TR II	IVZ	19,259	$952,402	0.43%
57	EXXON MOBIL CORP	XOM	8,126	$916,286	0.41%
58	AMERICAN EXPRESS CO	AXP	2,495	$828,695	0.37%
59	VANGUARD WORLD FD	92204A801	4,023	$824,448	0.37%
60	STAG INDL INC	85254J102	23,084	$814,579	0.37%
61	ONEOK INC NEW	OKE	11,157	$814,155	0.37%
62	DIREXION SHS ETF TR	25459W102	6,503	$808,752	0.36%
63	ABBVIE INC	ABBV	3,471	$803,769	0.36%
64	ECOLAB INC	ECL	2,844	$778,892	0.35%
65	PROCTER AND GAMBLE CO	742718109	4,863	$747,154	0.34%
66	VANGUARD SPECIALIZED FUNDS	921908844	3,450	$744,692	0.34%
67	GLOBAL X FDS	37954Y855	12,721	$723,208	0.33%
68	HOME DEPOT INC	HD	1,632	$661,271	0.30%
69	SELECT SECTOR SPDR TR	81369Y407	2,753	$659,577	0.30%
70	META PLATFORMS INC	META	895	$656,928	0.30%
71	DIGITAL RLTY TR INC	253868103	3,733	$645,307	0.29%
72	COHEN & STEERS QUALITY INCOM	19247L106	51,103	$637,255	0.29%
73	ALPHABET INC	GOOG	2,586	$628,837	0.28%
74	ADVANCED MICRO DEVICES INC	AMD	3,822	$618,522	0.28%
75	LTC PPTYS INC	502175102	16,699	$615,519	0.28%
76	WALMART INC	WMT	5,678	$585,170	0.26%
77	VANGUARD SCOTTSDALE FDS	92206C870	6,904	$580,679	0.26%
78	ISHARES TR	46435U713	10,991	$580,529	0.26%
79	MARRIOTT INTL INC NEW	571903202	2,173	$565,830	0.25%
80	INVESCO EXCHANGE TRADED FD T	IVZ	7,328	$561,756	0.25%
81	ELI LILLY & CO	LLY	729	$556,582	0.25%
82	ISHARES TR	464288810	9,195	$552,404	0.25%
83	ISHARES TR	464288687	17,459	$552,070	0.25%
84	ISHARES TR	464287630	2,988	$528,434	0.24%
85	PHILLIPS EDISON & CO INC	PECO	15,089	$518,020	0.23%
86	JOHNSON & JOHNSON	JNJ	2,771	$513,815	0.23%
87	FIDELITY COVINGTON TRUST	31609A305	12,353	$507,964	0.23%
88	ISHARES TR	46429B598	9,666	$503,213	0.23%
89	ISHARES TR	464287168	3,380	$480,277	0.22%
90	VANGUARD INDEX FDS	922908553	5,240	$478,938	0.22%
91	ISHARES TR	464287648	1,491	$477,343	0.21%
92	GENERAL DYNAMICS CORP	GD	1,372	$467,899	0.21%
93	SPDR SERIES TRUST	78464A698	7,335	$464,375	0.21%
94	ABBOTT LABS	ABLZF	3,452	$462,441	0.21%
95	ISHARES TR	464287762	7,698	$452,041	0.20%
96	ADVENT CONV & INCOME FD	00764C109	33,200	$424,628	0.19%
97	INVESCO EXCHANGE TRADED FD T	IVZ	9,286	$413,924	0.19%
98	VANGUARD INDEX FDS	922908769	1,242	$407,812	0.18%
99	INVESCO EXCHANGE TRADED FD T	IVZ	13,932	$407,131	0.18%
100	JPMORGAN CHASE & CO.	VYLD	1,290	$407,015	0.18%
101	PEPSICO INC	PEP	2,882	$404,797	0.18%
102	PALANTIR TECHNOLOGIES INC	PLTR	2,200	$401,324	0.18%
103	ISHARES TR	464287879	3,597	$397,775	0.18%
104	ISHARES TR	464287804	3,326	$395,287	0.18%
105	WILLIAMS COS INC	969457100	6,118	$387,624	0.17%
106	ENERGY TRANSFER L P	ET-PI	22,029	$378,025	0.17%
107	TESLA INC	TSLA	846	$376,233	0.17%
108	CHURCH & DWIGHT CO INC	CHD	4,261	$373,391	0.17%
109	VANGUARD WHITEHALL FDS	921946406	2,649	$373,381	0.17%
110	SPDR SERIES TRUST	78464A797	6,255	$371,682	0.17%
111	ABRDN TOTAL DYNAMIC DIVIDEND	AOD	38,500	$364,210	0.16%
112	ISHARES TR	464288570	2,835	$357,102	0.16%
113	ROCKET LAB CORP	RKLB	7,257	$347,683	0.16%
114	TAIWAN SEMICONDUCTOR MFG LTD	874039100	1,234	$344,513	0.16%
115	HOST HOTELS & RESORTS INC	HST	18,827	$320,429	0.14%
116	BANK NEW YORK MELLON CORP	064058100	2,910	$317,010	0.14%
117	ARM HOLDINGS PLC	042068205	2,232	$315,771	0.14%
118	MCDONALDS CORP	MCD	1,000	$303,779	0.14%
119	PROSHARES TR	74347R107	2,686	$301,174	0.14%
120	ISHARES TR	464287655	1,231	$298,135	0.13%
121	SELECT SECTOR SPDR TR	81369Y704	1,908	$294,311	0.13%
122	TEXAS INSTRS INC	882508104	1,600	$293,968	0.13%
123	JEFFERIES FINL GROUP INC	47233W109	4,469	$292,377	0.13%
124	AT&T INC	T-PC	10,177	$287,401	0.13%
125	CONSOLIDATED EDISON INC	ED	2,842	$285,626	0.13%
126	HARRIS OAKMARK ETF TRUST	41456U106	10,500	$281,190	0.13%
127	PROSHARES TR	74347R404	3,921	$271,034	0.12%
128	NUVEEN VRIABL RAT PFD & INM	NU	13,500	$269,460	0.12%
129	NORFOLK SOUTHN CORP	655844108	895	$268,867	0.12%
130	FEDEX CORP	FDX	1,092	$257,276	0.12%
131	GLOBAL X FDS	37954Y871	5,369	$255,950	0.12%
132	EATON VANCE TAX-MANAGED GLOB	ETN	27,431	$249,622	0.11%
133	CRANE COMPANY	CR	1,351	$248,773	0.11%
134	VICI PPTYS INC	925652109	7,604	$247,979	0.11%
135	FIRST TR EXCHANGE-TRADED FD	33736G106	12,869	$247,208	0.11%
136	CHEVRON CORP NEW	CVX	1,550	$240,700	0.11%
137	SELECT SECTOR SPDR TR	81369Y605	4,293	$231,264	0.10%
138	UNUM GROUP	UNMA	2,972	$231,124	0.10%
139	GLOBAL X FDS	37960A370	7,710	$227,599	0.10%
140	ISHARES TR	464287192	3,158	$226,487	0.10%
141	WESTERN MIDSTREAM PARTNERS L	WES	5,714	$224,492	0.10%
142	PROLOGIS INC.	PLDGP	1,931	$221,177	0.10%
143	SCHWAB STRATEGIC TR	808524805	9,300	$216,504	0.10%
144	SELECT SECTOR SPDR TR	81369Y506	2,391	$213,606	0.10%
145	GLOBAL X FDS	37954Y483	12,057	$205,094	0.09%
146	NUVEEN PFD & INCOME OPPORTUN	NU	22,500	$184,500	0.08%
147	ALLSPRING GLOBAL DIVIDEND OP	EOD	26,369	$150,303	0.07%
148	CALAMOS CONV & HIGH INCOME F	12811P108	13,000	$145,860	0.07%
149	CEMEX SAB DE CV	CXMSF	16,132	$145,026	0.07%
150	NUVEEN MUN HIGH INCOME OPPOR	NU	10,500	$111,195	0.05%
151	CALAMOS GBL DYN INCOME FUND	12811L107	14,000	$105,560	0.05%
152	SABA CAPITAL INCOME & OPRNT	78518H202	13,500	$104,895	0.05%
153	AGNC INVT CORP	00123Q104	10,500	$102,795	0.05%
154	GABELLI CONV & INC SECS FD I	36240B109	20,000	$82,600	0.04%
155	VOYA GLBL EQTY DIV & PREM OP	92912T100	12,500	$74,125	0.03%
156	PIONEER PWR SOLUTIONS INC	723836300	15,000	$64,800	0.03%
157	ORAMED PHARMACEUTICALS INC	ORMP	16,750	$44,220	0.02%