# Sage Advisory Services, Ltd.Co.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1534378. Source: https://holderbook.com/funds/1534378-sage-advisory-services-ltd-co/

- Reported value: $203.2M
- Positions: 46
- Weight of the ten largest: 67.3%
- Filed: 2026-07-22

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $30.5M | 40,668 | 15.0% | 31 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $27.4M | 229,926 | 13.5% | 5 |
| FRANKLIN TEMPLETON ETF TR | [FLBL](https://holderbook.com/stocks/FLBL/) | $15.9M | 694,133 | 7.8% | 7 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $14.6M | 290,047 | 7.2% | 5 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $11.5M | 256,374 | 5.7% | 11 |
| SPDR SERIES TRUST | [PSK](https://holderbook.com/stocks/PSK/) | $11.4M | 372,859 | 5.6% | 26 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $8.6M | 103,630 | 4.2% | 15 |
| JANUS DETROIT STR TR | [JSI](https://holderbook.com/stocks/JSI/) | $5.7M | 112,161 | 2.8% | 5 |
| ANGEL OAK FUNDS TRUST | [CARY](https://holderbook.com/stocks/CARY/) | $5.7M | 274,360 | 2.8% | 4 |
| ISHARES TR | [IHF](https://holderbook.com/stocks/IHF/) | $5.4M | 98,098 | 2.7% | 4 |
| SPDR SERIES TRUST | [KBE](https://holderbook.com/stocks/KBE/) | $5.4M | 78,821 | 2.6% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $5.2M | 53,905 | 2.6% | 31 |
| DBX ETF TR | [HYLB](https://holderbook.com/stocks/HYLB/) | $4.6M | 124,835 | 2.2% | 1 |
| INVESCO EXCHANGE TRADED FD T | [RSPN](https://holderbook.com/stocks/RSPN/) | $4.3M | 66,585 | 2.1% | 2 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $3.9M | 77,527 | 1.9% | 6 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $3.8M | 42,238 | 1.9% | 1 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $3.6M | 18,848 | 1.8% | 2 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $3.5M | 36,863 | 1.7% | 22 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $3.2M | 87,070 | 1.6% | 17 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $3.0M | 25,997 | 1.5% | 2 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $3.0M | 58,155 | 1.5% | 1 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $2.9M | 58,090 | 1.4% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $2.8M | 56,161 | 1.4% | 30 |
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $1.7M | 42,865 | 0.8% | 7 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $1.6M | 30,916 | 0.8% | 31 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $1.6M | 15,262 | 0.8% | 31 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $1.3M | 12,078 | 0.7% | 13 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $1.2M | 28,650 | 0.6% | 31 |
| VANECK ETF TRUST | [EMLC](https://holderbook.com/stocks/EMLC/) | $1.2M | 46,940 | 0.6% | 29 |
| DBX ETF TR | [SNPE](https://holderbook.com/stocks/SNPE/) | $1.1M | 15,251 | 0.5% | 1 |
| TCW ETF TRUST | [VOTE](https://holderbook.com/stocks/VOTE/) | $914.0K | 10,361 | 0.4% | 11 |
| VANECK ETF TRUST | [HYEM](https://holderbook.com/stocks/HYEM/) | $891.0K | 44,310 | 0.4% | 26 |
| SPDR SERIES TRUST | [EFIV](https://holderbook.com/stocks/EFIV/) | $853.0K | 11,699 | 0.4% | 19 |
| NUSHARES ETF TR | [NULV](https://holderbook.com/stocks/NULV/) | $763.0K | 15,254 | 0.4% | 14 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $746.0K | 13,639 | 0.4% | 27 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $539.0K | 6,234 | 0.3% | 23 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $476.0K | 9,987 | 0.2% | 7 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $443.0K | 4,689 | 0.2% | 31 |
| AB ACTIVE ETFS INC | [HYFI](https://holderbook.com/stocks/HYFI/) | $278.0K | 7,435 | 0.1% | 4 |
| JANUS DETROIT STR TR | [JBBB](https://holderbook.com/stocks/JBBB/) | $272.0K | 5,745 | 0.1% | 1 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $261.0K | 2,707 | 0.1% | 13 |
| AMPLIFY ETF TR | [DIVO](https://holderbook.com/stocks/DIVO/) | $235.0K | 5,146 | 0.1% | 7 |
| ISHARES TR | [REM](https://holderbook.com/stocks/REM/) | $229.0K | 10,385 | 0.1% | 2 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $228.0K | 4,292 | 0.1% | 31 |
| FIRST BANCORP CORPORATION | [FBP](https://holderbook.com/stocks/FBP/) | $204.0K | 7,834 | 0.1% | 1 |
| NUSHARES ETF TR | [NUSC](https://holderbook.com/stocks/NUSC/) | $203.0K | 3,892 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.5% | +14.8% | -5.3% | 100% |
| Q1 2026 | -1.8% | -4.6% | +2.9% | 100% |
| Q4 2025 | +0.3% | +2.4% | -2.0% | 100% |
| Q3 2025 | +4.4% | +7.8% | -3.4% | 100% |
| Q2 2025 | +4.2% | +10.5% | -6.2% | 100% |
| Q1 2025 | -0.6% | -4.6% | +3.9% | 100% |
| Q4 2024 | -3.3% | +2.1% | -5.5% | 106% |
| Q3 2024 | +5.8% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $203.2M | 46 |
| Q1 2026 | $182.6M | 42 |
| Q4 2025 | $183.6M | 45 |
| Q3 2025 | $190.7M | 44 |
| Q2 2025 | $183.6M | 43 |
| Q1 2025 | $170.2M | 41 |
| Q4 2024 | $168.5M | 42 |
| Q3 2024 | $356.2M | 46 |
| Q2 2024 | $356.2M | 46 |
| Q1 2024 | $366.3M | 48 |
| Q4 2023 | $373.3M | 52 |
| Q3 2023 | $357.4M | 47 |