SAGE ADVISORS, LLC

Q3 2025 13F-HR Holdings

Location
Boulder, CO
Holdings as of
9/30/2025
Date filed
10/22/2025
Form type
13F-HR
Num holdings
39
Total value ($000)
$139,558
Net value change ($000)
-528 (-0.4%)
New positions
6
Sold out positions
3
Turnover %
4.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/28/2025 Next filing: 1/13/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
NLY 3,952 NEW
BNL 1,469 10.2%
AAPL 1,336 24.4%
HTGC 1,097 NEW
MO 774 21.8%
QQQ 766 55.9%
NVDA 693 23.0%
DIA 549 39.3%
SPY 537 28.8%
OHI 369 NEW
Top Reduces (Value $000, Stocks/ETFs)
EPD -5,174 -87.6%
OBDC -3,673 -11.5%
ARCC -2,064 -8.9%
FSK -1,567 -30.9%
OKE -334 -7.7%
WM -225 -100.0%
IVV -213 -100.0%
KDK -177 -100.0%
ARES -156 -23.4%
AMZN -130 -2.2%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type