Sage Advisory Services, Ltd.co.
Sage Advisory Services, Ltd.Co. is an independent registered investment adviser based in Austin, Texas. Founded in 1996, the firm provides fixed-income asset management, tactical ETF strategies, and liability-driven investment solutions for both institutional and private clients. Sage serves a diverse clientele, including individuals, high net worth individuals, pension and profit-sharing plans, charitable organizations, government entities, insurance companies, and corporations. As of March 2025, the firm employed approximately 58 professionals.
Investment Strategy
Sage Advisory Services, Ltd.Co. employs a multi-faceted investment strategy focused on fixed-income asset management, tactical ETF portfolios, and liability-driven investment (LDI) solutions. The firm utilizes an active, risk-managed approach, emphasizing portfolio diversification, downside protection, and cost efficiency. Their philosophy is rooted in combining macroeconomic analysis, quantitative techniques, and ESG considerations to tailor portfolios for institutional and private clients, with solutions including custom bond ladders, tactical allocations, and defensive equities. They strive to deliver consistent, risk-adjusted returns aligned with client objectives.
Latest 13F Filing Activity
Sage Advisory Services, Ltd.co. filed their most recent 13F report on Jun 30, 2025 disclosing 43 equity positions with a total 13F market value of $184M. The fund increased holdings in SPDR Series Trust, SPDR Index SHS FDS, Ishares TR among other positions. Sage Advisory Services, Ltd.co. reduced exposure to Pacer FDS TR, Etf Ser Solutions, Ishares TR among others.
Top Holdings
Equity Positions (43)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MBB | ISHARES TR | 9.98% | $18.3M | 195,188 | $94.16 | $93.89 | -$2.0M |
S SPYG | SPDR SERIES TRUST | 9.69% | $17.8M | 186,601 | $95.32 | $95.32 | +$17.8M |
I IVV | ISHARES TR | 8.89% | $16.3M | 26,285 | $377.11 | $620.90 | -$4.5M |
I IEFA | ISHARES TR | 8.26% | $15.2M | 181,656 | $67.17 | $83.48 | +$904.0K |
P PSK | SPDR SERIES TRUST | 5.73% | $10.5M | 331,489 | $33.72 | $31.76 | +$1.6M |
Industry Allocation
Investment Team (13)
| Name | Role | Location | |
|---|---|---|---|
 | Vice President Portfolio Management | United States | |
 | VP, Senior Research Analyst | Austin, TX , United States | |
C Christina Criswell | Associate Portfolio Manager | United States | |
 | Vice President, Quantitative Research | Austin, TX , United States | |
 | Vice President, Responsible Investing Research | Austin, TX , United States | |
 | Managing Partner | Austin, TX , United States | |
M Michael Walton | Managing Partner | Austin, TX , United States | |
 | Vice President, Portfolio Management | Austin, TX , United States | |
R Ron Zboril | Trader and Asst. PM | Austin, TX , United States | |
X Xochitl Maldonado | Research Analyst | Austin, TX , United States |