# EDGAR Filing Document

**Accession Number:** 0002032121
**File Stem:** 0002085853-26-000031
**Filing Date:** 2026-1
**Character Count:** 8336
**Document Hash:** 92cae901a3c0a3dd90196e5da0cd9d89
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000031.hdr.sgml**: 20260113

**ACCESSION NUMBER**: 0002085853-26-000031

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260113

**DATE AS OF CHANGE**: 20260113

**EFFECTIVENESS DATE**: 20260113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SAGE ADVISORS, LLC
- **CENTRAL INDEX KEY:** 0002032121

**ORGANIZATION NAME:**
- **EIN:** 852902999
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24367
- **FILM NUMBER:** 26529961

**BUSINESS ADDRESS:**
- **STREET 1:** 421 PINE STREET
- **CITY:** BOULDER
- **STATE:** CO
- **ZIP:** 80302
- **BUSINESS PHONE:** (317) 363-6204

**MAIL ADDRESS:**
- **STREET 1:** 421 PINE STREET
- **CITY:** BOULDER
- **STATE:** CO
- **ZIP:** 80302

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** SAGE ADVISORS LLC<br>**Address:** 421 PINE STREET<br>BOULDER, CO 80302

**Form 13F File Number:** 028-24367

**CRD Number (if applicable):** 000314476

**SEC File Number (if applicable):** 801-124858

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** John Bradford Surenkamp<br>**Title:** President<br>**Phone:** 317-363-6204

**Signature, Place, and Date of Signing:**

/s/ John Bradford Surenkamp  Boulder, CO  01-13-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 48

**Form 13F Information Table Value Total:** $150835650

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 888863 | 2840 | SH |  | SOLE |  | 0 | 0 | 2840 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 4247817 | 73670 | SH |  | SOLE |  | 0 | 0 | 73670 |
| AMAZON COM INC | COM | 023135106 |  | 6680623 | 28943 | SH |  | SOLE |  | 0 | 0 | 28943 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 7167117 | 320533 | SH |  | SOLE |  | 0 | 0 | 320533 |
| APPLE INC | COM | 037833100 |  | 7147441 | 26291 | SH |  | SOLE |  | 0 | 0 | 26291 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 19330743 | 955548 | SH |  | SOLE |  | 0 | 0 | 955548 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 543125 | 3360 | SH |  | SOLE |  | 0 | 0 | 3360 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 697466 | 9603 | SH |  | SOLE |  | 0 | 0 | 9603 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4907372 | 9763 | SH |  | SOLE |  | 0 | 0 | 9763 |
| BLACKROCK INC | COM | 09290D101 |  | 476858 | 446 | SH |  | SOLE |  | 0 | 0 | 446 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 25630029 | 2061949 | SH |  | SOLE |  | 0 | 0 | 2061949 |
| BLUE OWL CAPITAL INC | COM CL A | 09581B103 |  | 412960 | 27641 | SH |  | SOLE |  | 0 | 0 | 27641 |
| BROADCOM INC | COM | 11135F101 |  | 619196 | 1789 | SH |  | SOLE |  | 0 | 0 | 1789 |
| BROADSTONE NET LEASE INC | COM | 11135E203 |  | 14978433 | 862316 | SH |  | SOLE |  | 0 | 0 | 862316 |
| CATERPILLAR INC | COM | 149123101 |  | 334407 | 584 | SH |  | SOLE |  | 0 | 0 | 584 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 318054 | 369 | SH |  | SOLE |  | 0 | 0 | 369 |
| ELI LILLY  CO | COM | 532457108 |  | 20845273 | 19397 | SH |  | SOLE |  | 0 | 0 | 19397 |
| ENBRIDGE INC | COM | 29250N105 |  | 3723613 | 77851 | SH |  | SOLE |  | 0 | 0 | 77851 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 563702 | 17583 | SH |  | SOLE |  | 0 | 0 | 17583 |
| FS KKR CAP CORP | COM | 302635206 |  | 1776704 | 119967 | SH |  | SOLE |  | 0 | 0 | 119967 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 399417 | 17863 | SH |  | SOLE |  | 0 | 0 | 17863 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 2257914 | 119974 | SH |  | SOLE |  | 0 | 0 | 119974 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 681089 | 28355 | SH |  | SOLE |  | 0 | 0 | 28355 |
| HP INC | COM | 40434L105 |  | 567022 | 25450 | SH |  | SOLE |  | 0 | 0 | 25450 |
| INFLECTION POINT ACQUISITION | SHS CL A | G1169T104 |  | 248007 | 23135 | SH |  | SOLE |  | 0 | 0 | 23135 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1573688 | 5313 | SH |  | SOLE |  | 0 | 0 | 5313 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2446344 | 3982 | SH |  | SOLE |  | 0 | 0 | 3982 |
| ISHARES TR | 10+ YR INVST GRD | 464289511 |  | 568444 | 11267 | SH |  | SOLE |  | 0 | 0 | 11267 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 577397 | 10716 | SH |  | SOLE |  | 0 | 0 | 10716 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 778045 | 7751 | SH |  | SOLE |  | 0 | 0 | 7751 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 615418 | 7061 | SH |  | SOLE |  | 0 | 0 | 7061 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 579212 | 10953 | SH |  | SOLE |  | 0 | 0 | 10953 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 770018 | 8008 | SH |  | SOLE |  | 0 | 0 | 8008 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1018693 | 3161 | SH |  | SOLE |  | 0 | 0 | 3161 |
| MCKESSON CORP | COM | 58155Q103 |  | 218281 | 266 | SH |  | SOLE |  | 0 | 0 | 266 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1980956 | 3001 | SH |  | SOLE |  | 0 | 0 | 3001 |
| MICROSOFT CORP | COM | 594918104 |  | 1841421 | 3808 | SH |  | SOLE |  | 0 | 0 | 3808 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 317748 | 3958 | SH |  | SOLE |  | 0 | 0 | 3958 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 3820713 | 20486 | SH |  | SOLE |  | 0 | 0 | 20486 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 587830 | 13257 | SH |  | SOLE |  | 0 | 0 | 13257 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1255210 | 2974 | SH |  | SOLE |  | 0 | 0 | 2974 |
| REDWIRE CORPORATION | COM | 75776W103 |  | 78759 | 10363 | SH |  | SOLE |  | 0 | 0 | 10363 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 527366 | 27240 | SH |  | SOLE |  | 0 | 0 | 27240 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 2225549 | 4631 | SH |  | SOLE |  | 0 | 0 | 4631 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 219159 | 553 | SH |  | SOLE |  | 0 | 0 | 553 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2615153 | 3835 | SH |  | SOLE |  | 0 | 0 | 3835 |
| TESLA INC | COM | 88160R101 |  | 622412 | 1384 | SH |  | SOLE |  | 0 | 0 | 1384 |
| VELO3D INC | COM NEW | 92259N302 |  | 154589 | 11251 | SH |  | SOLE |  | 0 | 0 | 11251 |

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