Institutional Manager · CIK 0001771605

SAGE RHINO CAPITAL LLC

MENLO PARK, CA · File #028-19473

Latest AUM

$529.7M

Positions

310

Top-10 Concentration

43.3%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	GOLDMAN SACHS ETF TR	NVGLF	+84,860	+$4.3M	-$25,966
REDUCE	GOLDMAN SACHS ETF TR	NVGLF	-36,997	-$3.7M	-$59,220
ADD	VANGUARD BD INDEX FDS	92203C303	+72,803	+$3.6M	-$6,670
REDUCE	ISHARES TR	46436E718	-35,665	-$3.6M	-$28,486
ADD	VANGUARD INSTL INDEX FD	922040845	+35,107	+$2.6M	-$3,618
REDUCE	SPDR S&P 500 ETF TR	SPY	-2,951	-$2.0M	+$7.7M
REDUCE	ISHARES GOLD TR	IAU	-24,027	-$2.0M	+$2.7M
ADD	NETFLIX INC	NFLX	+17,075	+$1.6M	-$2.1M
ADD	GOLDMAN SACHS BDC INC	GSBD	+117,000	+$1.1M	-$260,667
REDUCE	SANDISK CORP	SNDK	-4,087	-$970,172	+$654,566

Sector Allocation

Financials

8.2%$43.5M

Technology

7.4%$39.1M

Consumer Discretionary

4.5%$23.6M

Healthcare

2.2%$11.7M

Industrials

1.2%$6.3M

Energy

1.0%$5.5M

Communication Services

0.8%$4.5M

0.3%$1.5M

0.3%$1.5M

0.1%$693,074

0.1%$321,907

Filing History

Jan 30, 202613F HOLDINGS REPORTQ/E Dec 2025310 pos · $529.7M
Oct 31, 202513F HOLDINGS REPORTQ/E Sep 2025299 pos · $517.7M
Jul 17, 202513F HOLDINGS REPORTQ/E Jun 2025282 pos · $473.1M
May 1, 202513F HOLDINGS REPORTQ/E Mar 2025265 pos · $431.2M
Feb 6, 202513F HOLDINGS REPORTQ/E Dec 2024271 pos · $458.4M
Nov 1, 202413F HOLDINGS REPORTQ/E Sep 2024278 pos · $451.5M
Jul 30, 202413F HOLDINGS REPORTQ/E Jun 2024251 pos · $418.7M
Apr 26, 202413F HOLDINGS REPORTQ/E Mar 2024238 pos · $423.8M
Oct 26, 202313F HOLDINGS REPORTQ/E Dec 2023224 pos · $356.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES GOLD TR	IAU	300,690	$24.4M	6.40%
2	VANGUARD INDEX FDS	922908629	69,941	$20.3M	5.32%
3	VANGUARD INDEX FDS	922908751	71,749	$18.5M	4.85%
4	INVESCO EXCHANGE TRADED FD T	IVZ	94,396	$18.1M	4.74%
5	ISHARES TR	46432F842	188,405	$16.9M	4.42%
6	GOLDMAN SACHS ETF TR	NVGLF	167,191	$16.7M	4.38%
7	AMERICAN CENTY ETF TR	025072877	158,730	$16.2M	4.24%
8	APPLE INC	AAPL	43,268	$11.8M	3.08%
9	TESLA INC	TSLA	26,026	$11.7M	3.07%
10	SPDR SERIES TRUST	78464A763	78,414	$10.9M	2.86%
11	VANGUARD INDEX FDS	922908769	30,995	$10.4M	2.72%
12	AMERICAN CENTY ETF TR	025072349	134,077	$10.2M	2.66%
13	GOLDMAN SACHS ETF TR	NVGLF	197,655	$10.0M	2.61%
14	VANGUARD INTL EQUITY INDEX F	922042858	176,178	$9.5M	2.48%
15	AMERICAN CENTY ETF TR	025072703	109,906	$9.0M	2.37%
16	AMERICAN CENTY ETF TR	025072885	78,893	$8.8M	2.31%
17	VANGUARD SCOTTSDALE FDS	92206C870	91,377	$7.7M	2.01%
18	VANGUARD WHITEHALL FDS	921946406	52,538	$7.5M	1.98%
19	MICROSOFT CORP	MSFT	15,584	$7.5M	1.98%
20	SELECT SECTOR SPDR TR	81369Y704	46,893	$7.3M	1.91%