1y return+21.5%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $150 against $157 in the S&P 500.2
Sage Capital Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $15.8M | 6.2% | |
| XLKSelect Sector Spdr Tr | $12.8M | 5.0% | |
| PAVEGlobal X Fds | $12.6M | 4.9% | |
| QQQInvesco Qqq Tr | $11.2M | 4.4% | +5.3% |
| SPYState Str Spdr S&p 500 Etf T | $8.9M | 3.5% | +1.6% |
| STXFEa Series Trust | $7.5M | 2.9% | +9.1% |
| PHOInvesco Exchange Traded Fd T | $6.7M | 2.6% | |
| HACKAmplify Etf Tr | $6.6M | 2.6% | −1.8% |
| RSPInvesco Exchange Traded Fd T | $5.7M | 2.2% | |
| XLPSelect Sector Spdr Tr | $5.7M | 2.2% | +1.1% |
| CWBSpdr Series Trust | $5.4M | 2.1% | +1.2% |
| QTUMEtf Ser Solutions | $5.3M | 2.1% | |
| DONWisdomtree Tr | $4.5M | 1.8% | |
| AMDAdvanced Micro Devices Inc | $4.1M | 1.6% | +20.3% |
| BOTZGlobal X Fds | $4.0M | 1.6% | +12.3% |
| XITKSpdr Series Trust | $3.9M | 1.5% | −1.5% |
| DBEFDbx Etf Tr | $3.8M | 1.5% | +2.5% |
| IBMInternational Business Machs | $3.7M | 1.5% | −2.4% |
| SDYSpdr Series Trust | $3.6M | 1.4% | |
| XBISpdr Series Trust | $3.5M | 1.4% | +18.4% |
| AMZNAmazon Com Inc | $3.3M | 1.3% | +103.7% |
| XSSPXNuveen S&p 500 Dynamic Overw | $3.1M | 1.2% | −15.7% |
| CIBRFirst Tr Exchange-traded Fd | $3.1M | 1.2% | +4.4% |
| MINTPimco Etf Tr | $3.0M | 1.2% | +5.9% |
| AAPLApple Inc | $2.9M | 1.1% | −3.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | June 30, 2025 | +309.4% | $4.1M |
| NVDANvidia Corporation | December 31, 2023 | +304.0% | $15.8M |
| TQQQProshares Tr | December 31, 2023 | +219.5% | $2.4M |
| CRWDCrowdstrike Hldgs Inc | June 30, 2024 | +99.2% | $2.9M |
| XLKSelect Sector Spdr Tr | December 31, 2023 | +98.0% | $12.8M |
| GRIDFirst Tr Exchange-traded Fd | December 31, 2023 | +83.1% | $2.8M |
| QTUMEtf Ser Solutions | June 30, 2025 | +80.1% | $5.3M |
| QQQInvesco Qqq Tr | December 31, 2023 | +79.8% | $11.2M |
| XBISpdr Series Trust | December 31, 2023 | +77.2% | $3.5M |
| IBMInternational Business Machs | December 31, 2023 | +71.9% | $3.7M |
Sold off last quarter
- IRMIron Mtn Inc Del was $2.7M
- NKENike Inc was $744K
- HSTHost Hotels & Resorts Inc was $367K
- PFFIshares Tr was $366K
- ELFE L F Beauty Inc was $311K
- OTISOtis Worldwide Corp was $303K
- FDXFedex Corp was $302K
- COPConocophillips was $238K
- GILDGilead Sciences Inc was $211K
- EQIXEquinix Inc was $207K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +17.0% | +14.8% |
| March 31, 2026 | −2.5% | −4.6% |
| December 31, 2025 | +0.3% | +2.4% |
| September 30, 2025 | +6.1% | +7.8% |
| June 30, 2025 | +10.0% | +10.5% |
| March 31, 2025 | −4.1% | −4.6% |
| December 31, 2024 | −0.6% | +2.1% |
| September 30, 2024 | +6.8% | +5.4% |
| June 30, 2024 | +1.9% | +4.0% |
| March 31, 2024 | +8.2% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Sage Capital Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2030667&type=13F-HR&dateb=&owner=include&count=40CIK 2030667
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2030667/000117266126002702/Filed July 20, 2026 · accession 0001172661-26-002702