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Livermore
Livermore
ZHEN

Sage Rhino Capital LLC

SEC CIK
0001771605
Latest filing
Aug 3, 2026

The latest 13F from Sage Rhino Capital LLC covers Q2 2026 (filed Aug 3, 2026): 380 long positions worth $608.3M. The top 10 holdings make up 27.6% of the portfolio, and the largest is Vanguard Morningstar Small-Cap ETF at 3.3%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
89
Est. +$25.3M
Added
159
Est. +$42.9M
Reduced
118
Est. −$31.9M
Sold out
37
Est. −$9.17M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Small-Cap ETF922908751
    3.3%$20.0M
  2. Vanguard Morningstar Mid-Cap ETF922908629
    3.2%$19.5M
  3. Goldman Sachs ETF Tr381430529
    3.1%$18.7M
  4. Invesco Exchange Traded FD T46137V357
    3.0%$18.2M
  5. American Centy ETF Tr025072877
    2.9%$17.7M

Share of portfolio

Top 5 holdings and the other 375 positions, by share of portfolio value

  1. Vanguard Morningstar Small-Cap ETF3.3%
  2. Vanguard Morningstar Mid-Cap ETF3.2%
  3. Goldman Sachs ETF Tr3.1%
  4. Invesco Exchange Traded FD T3.0%
  5. American Centy ETF Tr2.9%
  6. Other 375 positions84.5%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Scottsdale FDS92206C409
    +$10.2MAdded
  2. NTSKNetskope Inc
    +$5.01MNewHistory
  3. Vanguard Total Bond Market ETF921937835
    +$4.85MAdded
  4. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    +$4.01MAdded
  5. Vanguard Instl Index FD922040845
    +$3.24MAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Vanguard Scottsdale FDS92206C409
    +1.58 pp0.8% → 2.3%
  2. NTSKNetskope Inc
    +0.82 pp0.0% → 0.8%History
  3. Vanguard Total Bond Market ETF921937835
    +0.53 pp2.1% → 2.7%
  4. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    +0.43 pp1.9% → 2.3%
  5. Vanguard Instl Index FD922040845
    +0.38 pp1.3% → 1.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. IAUiShares Gold Trust
    −$3.12MReducedHistory
  2. Vanguard Morningstar Mid-Cap ETF922908629
    −$2.88MReducedConverted for a 4-for-1 split
  3. Invesco S&P 500 Equal Weight Technology ETF46137V282
    −$2.66MReduced
  4. American Centy ETF Tr025072877
    −$2.02MReduced
  5. Janus Detroit STR Tr47103U845
    −$1.96MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. IAUiShares Gold Trust
    −1.31 pp3.2% → 1.9%History
  2. Vanguard Morningstar Mid-Cap ETF922908629
    −0.53 pp3.7% → 3.2%
  3. Janus Detroit STR Tr47103U845
    −0.47 pp1.2% → 0.8%
  4. iShares Core MSCI Eafe ETF46432F842
    −0.38 pp3.2% → 2.8%
  5. American Centy ETF Tr025072877
    −0.36 pp3.3% → 2.9%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$608.3M
+$73.8M (+13.8%) vs. prior quarter
Positions
380
+52 vs. prior quarter
Top 10 concentration
27.6%
Top 10 as share of value
Turnover
7.2%
Q2 2026, one quarter
Average holding period
17.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $608.3M (Q2 2026)

Q1 2021: $304.3MQ2 2021: $338.5MQ3 2021: $329.0MQ4 2021: $356.6MQ1 2022: $329.8MQ2 2022: $261.6MQ3 2022: $248.9MQ4 2022: $314.6MQ1 2023: $342.8MQ2 2023: $359.1MQ3 2023: $356.0MQ4 2023: $389.4MQ1 2024: $423.8MQ2 2024: $418.7MQ3 2024: $451.5MQ4 2024: $458.4MQ1 2025: $431.2MQ2 2025: $472.9MQ3 2025: $517.1MQ4 2025: $529.4MQ1 2026: $534.5MQ2 2026: $608.3M
Q1 2021Q2 2026
13F filings of Sage Rhino Capital LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 3, 2026380$608.3MVanguard Morningstar Small-Cap ETFVanguard Morningstar Mid-Cap ETFGoldman Sachs ETF Trvs. Q1 2026SEC
Q1 2026Apr 28, 2026328$534.5MVanguard Morningstar Mid-Cap ETFVanguard Morningstar Small-Cap ETFAmerican Centy ETF Trvs. Q4 2025SEC
Q4 2025Jan 30, 2026308$529.4MIAUVanguard Morningstar Mid-Cap ETFVanguard Morningstar Small-Cap ETFvs. Q3 2025SEC
Q3 2025Oct 31, 2025297$517.1MIAUGoldman Sachs ETF TrVanguard Morningstar Mid-Cap ETFvs. Q2 2025SEC
Q2 2025Jul 17, 2025280$472.9MIAUVanguard Morningstar Mid-Cap ETFGoldman Sachs ETF Trvs. Q1 2025SEC
Q1 2025May 1, 2025265$431.2MInvesco Exchange Traded FD TIAUVanguard Morningstar Mid-Cap ETFvs. Q4 2024SEC
Q4 2024Feb 6, 2025271$458.4MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFIAUvs. Q3 2024SEC
Q3 2024Nov 1, 2024278$451.5MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFIAUvs. Q2 2024SEC
Q2 2024Jul 30, 2024251$418.7MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFIAUvs. Q1 2024SEC
Q1 2024Apr 26, 2024238$423.8MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFVanguard Morningstar Small-Cap ETFvs. Q4 2023SEC
Q4 2023Feb 5, 2024229$389.4MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFAmerican Centy ETF Trvs. Q3 2023SEC
Q3 2023Oct 26, 2023223$356.0MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFAmerican Centy ETF Trvs. Q2 2023SEC
Q2 2023Jul 31, 2023224$359.1MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFAmerican Centy ETF Trvs. Q1 2023SEC
Q1 2023Apr 21, 2023219$342.8MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFIAUvs. Q4 2022SEC
Q4 2022Feb 1, 2023211$314.6MInvesco Exchange Traded FD TVanguard Morningstar Mid-Cap ETFVanguard Morningstar Small-Cap ETFvs. Q3 2022SEC
Q3 2022Oct 24, 2022190$248.9MInvesco Exchange Traded FD TIAUVanguard Morningstar Mid-Cap ETFvs. Q2 2022SEC
Q2 2022Jul 28, 2022202$261.6MInvesco Exchange Traded FD TIAUiShares Core MSCI Eafe ETFvs. Q1 2022SEC
Q1 2022Apr 27, 2022219$329.8MInvesco Exchange Traded FD TIAUiShares Core MSCI Eafe ETFvs. Q4 2021SEC
Q4 2021Feb 4, 2022226$356.6MInvesco Exchange Traded FD TVINCIAUvs. Q3 2021SEC
Q3 2021Oct 18, 2021201$329.0MVINCInvesco Exchange Traded FD TIAUvs. Q2 2021SEC
Q2 2021Jul 27, 2021204$338.5MVINCDOCUInvesco Exchange Traded FD Tvs. Q1 2021SEC
Q1 2021May 4, 2021184$304.3MVINCInvesco Exchange Traded FD TDOCU–SEC

13D and 13G filings

Companies where Sage Rhino Capital LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Sage Rhino Capital LLC does not currently report owning 5% or more of any company.

Latest filings

2 filings on file made by Sage Rhino Capital LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Sage Rhino Capital LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
VINCVincerx Pharma, Inc.Jul 29, 20255:55 PM ET13G/A0.00%4.26K shares–Below 5%Jan 29, 2025SEC
VINCVincerx Pharma, Inc.Aug 4, 202113GOld format–New–SEC