{"url":"https://nivawealth.com/firms/sage-investment-counsel-116907","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/116907","regulatoryAum":164594287,"crd":"116907","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7304568","suffix":null,"lastName":"Calvin","firstName":"Jackson","middleName":"Gunn"},{"crd":"1281417","suffix":"MR.","lastName":"CALVIN","firstName":"WILLIAM","middleName":"DIRK"},{"crd":"703975","suffix":null,"lastName":"DENNEY","firstName":"JOHN","middleName":"MICHAEL"},{"crd":"5240146","suffix":null,"lastName":"HENDERSON","firstName":"JONATHAN","middleName":"HARDY"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-15","regulatoryAum":111937537,"clients":50,"employees":4,"offices":2},{"filedOn":"2022-03-15","regulatoryAum":128937325,"clients":59,"employees":4,"offices":2},{"filedOn":"2023-03-17","regulatoryAum":121221050,"clients":52,"employees":4,"offices":2},{"filedOn":"2024-03-11","regulatoryAum":129657303,"clients":68,"employees":4,"offices":2},{"filedOn":"2025-03-11","regulatoryAum":144189892,"clients":69,"employees":4,"offices":2},{"filedOn":"2026-03-03","regulatoryAum":164594287,"clients":79,"employees":4,"offices":2}],"secFileNumber":"801-121406","legalName":"Sage Investment Counsel LLC","displayName":"Sage Investment Counsel","slug":"sage-investment-counsel-116907","website":"https://sageinv.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/116907/2db1d1742486e5bf-r1.webp","tone":"light","width":566,"height":200,"sourceUrl":"https://www.sageinv.com/","sourceLabel":"Sage Investment Counsel, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Tennessee limited liability company","fiscalYearEnd":"December","headquarters":{"street":"142 5th Avenue North, Suite A","city":"Franklin","state":"TN","stateName":"Tennessee","country":"United States","postalCode":"37064"},"tradeNames":[],"registration":{"secApproved":"4 June 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2083471.987341772,"staff":{"employees":4,"advisory":4,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":164594287,"discretionary":164594287,"discretionaryAccounts":227,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":46,"regulatoryAum":10800449},{"label":"High-net-worth individuals","clients":33,"regulatoryAum":153793838}],"feePrograms":[{"role":"other","program":"Financial planning","summary":"Maximum fixed annual fee of up to $15,000 for financial planning, negotiable, paid quarterly in advance under a written agreement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014157","versionId":1014157,"submittedOn":"2026-03-03","documentName":"SAGE INVESTMENT COUNSEL FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T12:23:47.515171+00:00","documents":[{"name":"SAGE INVESTMENT COUNSEL FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014157","versionId":1014157,"submittedOn":"2026-03-03"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":164594287}],"custodyNote":"Sage Investment Counsel has custody of $72.4M for 35 clients.","otherCustodians":[],"leadership":[{"name":"William Calvin","title":"Member/Chief Executive Officer","crd":"1281417"},{"name":"Jackson Calvin","title":"Member/Chief Compliance Officer/Chief Financial Officer","crd":"7304568"}],"ownership":[{"label":"William Calvin","detail":"Member/chief executive officer in the 75% or more ownership band and a control person, since January 2021."},{"label":"Jackson Calvin","detail":"Member/chief compliance officer/chief financial officer in the 5% to 10% ownership band and a control person, since February 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"142 5th Avenue North, Suite A","city":"Franklin","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"615-591-1210","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":62},{"label":"Non-exchange-traded equity securities","percent":7},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":6},{"label":"Investment grade corporate bonds","percent":3},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":12},{"label":"Cash and cash equivalents","percent":12}],"privateFunds":0},"sources":{"adv1FilingDate":"3 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/116907/PDF/116907.pdf","brochureDate":"3 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014157","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sage Investment Counsel have?","answer":"Sage Investment Counsel has 79 clients and manages $165 million for them, as of March 2026. They include 46 individual clients and 33 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sage Investment Counsel offer?","answer":"Sage Investment Counsel provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Sage Investment Counsel use?","answer":"Sage Investment Counsel’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $165M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sage Investment Counsel have?","answer":"Sage Investment Counsel has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sage Investment Counsel invest in?","answer":"At the end of its last fiscal year, Sage Investment Counsel’s separately managed accounts held 62% exchange-traded equities, 12% registered funds (mutual funds, ETFs, BDCs), 12% cash and equivalents, 7% non-exchange-traded equities, 6% state and local bonds, 3% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% derivatives.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sage Investment Counsel?","answer":"Sage Investment Counsel’s direct owners are William Calvin (75% or more) and Jackson Calvin (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sage Investment Counsel get paid?","answer":"Sage Investment Counsel is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Sage Investment Counsel?","answer":"Sage Investment Counsel’s main office is at 142 5th Avenue North, Suite A, Franklin, TN 37064. Its phone number is 615-591-1210. Its website is sageinv.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/sage-investment-counsel-116907/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-22","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2055178/000205517826000003/0002055178-26-000003-index.html","totalValue":99856452,"positionCount":126,"top10Share":0.3224319245790948,"top10":[{"issuer":"PINNACLE FINL PARTNERS INC","titleOfClass":"COM","cusip":"72348N109","value":7559536,"shares":74936,"shareType":"SH","priorValue":6454732,"priorShares":74933},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":5538844,"shares":19142,"shareType":"SH","priorValue":4879521,"priorShares":19227},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL A","cusip":"084670108","value":2995400,"shares":4,"shareType":"SH","priorValue":2872560,"priorShares":4},{"issuer":"VISA INC","titleOfClass":"COM CL A","cusip":"92826C839","value":2754421,"shares":8028,"shareType":"SH","priorValue":2129948,"priorShares":7047},{"issuer":"ENERGY TRANSFER L P","titleOfClass":"COM UT LTD PTN","cusip":"29273V100","value":2577572,"shares":134810,"shareType":"SH","priorValue":2601817,"priorShares":134809},{"issuer":"BROOKFIELD CORP","titleOfClass":"CL A LTD VT SH","cusip":"11271J107","value":2362808,"shares":55478,"shareType":"SH","priorValue":2242362,"priorShares":55408},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B NEW","cusip":"084670702","value":2146673,"shares":4290,"shareType":"SH","priorValue":2055768,"priorShares":4290},{"issuer":"CATERPILLAR INC","titleOfClass":"COM","cusip":"149123101","value":2131107,"shares":2001,"shareType":"SH","priorValue":1421155,"priorShares":2006},{"issuer":"TFS FINL CORP","titleOfClass":"COM","cusip":"87240R107","value":2073208,"shares":116998,"shareType":"SH","priorValue":1642743,"priorShares":116921},{"issuer":"HOWARD HUGHES HOLDINGS INC","titleOfClass":"COM","cusip":"44267T102","value":2057339,"shares":28778,"shareType":"SH","priorValue":1718331,"priorShares":27163}],"positionsListed":126,"positions":[{"issuer":"PINNACLE FINL PARTNERS INC","titleOfClass":"COM","cusip":"72348N109","value":7559536,"shares":74936,"shareType":"SH","priorValue":6454732,"priorShares":74933},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":5538844,"shares":19142,"shareType":"SH","priorValue":4879521,"priorShares":19227},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL A","cusip":"084670108","value":2995400,"shares":4,"shareType":"SH","priorValue":2872560,"priorShares":4},{"issuer":"VISA INC","titleOfClass":"COM CL A","cusip":"92826C839","value":2754421,"shares":8028,"shareType":"SH","priorValue":2129948,"priorShares":7047},{"issuer":"ENERGY TRANSFER L P","titleOfClass":"COM UT LTD PTN","cusip":"29273V100","value":2577572,"shares":134810,"shareType":"SH","priorValue":2601817,"priorShares":134809},{"issuer":"BROOKFIELD CORP","titleOfClass":"CL A LTD VT SH","cusip":"11271J107","value":2362808,"shares":55478,"shareType":"SH","priorValue":2242362,"priorShares":55408},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B NEW","cusip":"084670702","value":2146673,"shares":4290,"shareType":"SH","priorValue":2055768,"priorShares":4290},{"issuer":"CATERPILLAR INC","titleOfClass":"COM","cusip":"149123101","value":2131107,"shares":2001,"shareType":"SH","priorValue":1421155,"priorShares":2006},{"issuer":"TFS FINL CORP","titleOfClass":"COM","cusip":"87240R107","value":2073208,"shares":116998,"shareType":"SH","priorValue":1642743,"priorShares":116921},{"issuer":"HOWARD HUGHES HOLDINGS INC","titleOfClass":"COM","cusip":"44267T102","value":2057339,"shares":28778,"shareType":"SH","priorValue":1718331,"priorShares":27163},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"S&P500 QUALITY","cusip":"46137V241","value":2049342,"shares":22745,"shareType":"SH","priorValue":1675593,"priorShares":22285},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":2022780,"shares":5423,"shareType":"SH","priorValue":1175785,"priorShares":3176},{"issuer":"TD SYNNEX CORPORATION","titleOfClass":"COM","cusip":"87162W100","value":1904263,"shares":7123,"shareType":"SH","priorValue":1525813,"priorShares":9044},{"issuer":"UBER TECHNOLOGIES INC","titleOfClass":"COM","cusip":"90353T100","value":1882366,"shares":26086,"shareType":"SH","priorValue":1822778,"priorShares":25341},{"issuer":"BANK OF AMER CORP","titleOfClass":"COM","cusip":"060505104","value":1839244,"shares":32279,"shareType":"SH","priorValue":1573757,"priorShares":32282},{"issuer":"CHUBB LIMITED","titleOfClass":"COM","cusip":"H1467J104","value":1816043,"shares":5330,"shareType":"SH","priorValue":1746452,"priorShares":5358},{"issuer":"SLM CORP","titleOfClass":"COM","cusip":"78442P106","value":1751261,"shares":67512,"shareType":"SH","priorValue":1253384,"priorShares":58542},{"issuer":"JPMORGAN CHASE & CO","titleOfClass":"COM","cusip":"46625H100","value":1748597,"shares":5342,"shareType":"SH","priorValue":1571403,"priorShares":5342},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"TT WRLD ST ETF","cusip":"922042742","value":1610273,"shares":10260,"shareType":"SH","priorValue":1418698,"priorShares":10257},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":1592588,"shares":6682,"shareType":"SH","priorValue":1390827,"priorShares":6678},{"issuer":"DOLLAR GEN CORP","titleOfClass":"COM","cusip":"256677105","value":1433660,"shares":12455,"shareType":"SH","priorValue":1351693,"priorShares":11385},{"issuer":"RYANAIR HOLDINGS PLC","titleOfClass":"SPONSORED ADR","cusip":"783513203","value":1395298,"shares":21549,"shareType":"SH","priorValue":1245879,"priorShares":21555},{"issuer":"BROOKFIELD INFRASTRUCTURE PA","titleOfClass":"LP INT UNIT","cusip":"G16252101","value":1379431,"shares":37803,"shareType":"SH","priorValue":1365444,"priorShares":37803},{"issuer":"LENNAR CORP","titleOfClass":"CL A","cusip":"526057104","value":1376172,"shares":15208,"shareType":"SH","priorValue":1251625,"priorShares":14413},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":1371266,"shares":3706,"shareType":"SH","priorValue":1188019,"priorShares":3703},{"issuer":"PERSHING SQUARE INC","titleOfClass":"COMMON STOCK","cusip":"71531U102","value":1241122,"shares":37770,"shareType":"SH"},{"issuer":"ISHARES INC","titleOfClass":"MSCI EQUAL WEITE","cusip":"464286681","value":1234579,"shares":10812,"shareType":"SH","priorValue":1092540,"priorShares":10735},{"issuer":"ENBRIDGE INC","titleOfClass":"COM","cusip":"29250N105","value":1234199,"shares":22767,"shareType":"SH","priorValue":1449165,"priorShares":26767},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":1203221,"shares":1752,"shareType":"SH","priorValue":1043345,"priorShares":1746},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":1084216,"shares":1925,"shareType":"SH","priorValue":424351,"priorShares":742},{"issuer":"REALTY INCOME CORP","titleOfClass":"COM","cusip":"756109104","value":1030152,"shares":16626,"shareType":"SH","priorValue":1016293,"priorShares":16612},{"issuer":"EXXON MOBIL CORP","titleOfClass":"COM","cusip":"30231G102","value":1008606,"shares":7377,"shareType":"SH","priorValue":1251587,"priorShares":7377},{"issuer":"ENTERPRISE PRODS PARTNERS L","titleOfClass":"COM","cusip":"293792107","value":969431,"shares":26372,"shareType":"SH","priorValue":995884,"priorShares":26318},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"LG-TERM COR BD","cusip":"92206C813","value":804423,"shares":10690,"shareType":"SH","priorValue":758034,"priorShares":10145},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SM CP VAL ETF","cusip":"922908611","value":800274,"shares":3293,"shareType":"SH","priorValue":702497,"priorShares":3234},{"issuer":"GRUPO AEROPORTUARIO DEL CENT","titleOfClass":"SPON ADR","cusip":"400501102","value":791630,"shares":7000,"shareType":"SH","priorValue":803110,"priorShares":7000},{"issuer":"DAVITA INC","titleOfClass":"COM","cusip":"23918K108","value":790916,"shares":3555,"shareType":"SH","priorValue":546368,"priorShares":3555},{"issuer":"BROOKFIELD RENEWABLE ENERGY","titleOfClass":"PARTNERSHIP UNIT","cusip":"G16258108","value":761455,"shares":21925,"shareType":"SH","priorValue":715632,"priorShares":21925},{"issuer":"ONEMAIN HLDGS INC","titleOfClass":"COM","cusip":"68268W103","value":750175,"shares":12304,"shareType":"SH","priorValue":658141,"priorShares":12304},{"issuer":"US BANCORP","titleOfClass":"COM NEW","cusip":"902973304","value":728128,"shares":12055,"shareType":"SH","priorValue":626481,"priorShares":12045},{"issuer":"GRUPO AEROPORTUNARIO DEL PAC","titleOfClass":"SPON ADS B","cusip":"400506101","value":693658,"shares":2740,"shareType":"SH","priorValue":676424,"priorShares":2740},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"REAL ESTATE ETF","cusip":"922908553","value":648270,"shares":6723,"shareType":"SH","priorValue":599271,"priorShares":6756},{"issuer":"VANGUARD STAR FDS","titleOfClass":"VG TL INTL STK F","cusip":"921909768","value":646830,"shares":7566,"shareType":"SH","priorValue":576994,"priorShares":7483},{"issuer":"HOME DEPOT INC","titleOfClass":"COM","cusip":"437076102","value":638732,"shares":1811,"shareType":"SH","priorValue":604829,"priorShares":1839},{"issuer":"FLAGSTAR BANK NATIONAL ASSOC","titleOfClass":"COM NEW","cusip":"649445400","value":618516,"shares":41400,"shareType":"SH","priorValue":545238,"priorShares":41400},{"issuer":"AUTOZONE INC","titleOfClass":"COM","cusip":"053332102","value":604033,"shares":189,"shareType":"SH","priorValue":692445,"priorShares":205},{"issuer":"CISCO SYS INC","titleOfClass":"COM","cusip":"17275R102","value":600384,"shares":5111,"shareType":"SH","priorValue":457317,"priorShares":5894},{"issuer":"CANADIAN NAT RES LTD MED TER","titleOfClass":"COM","cusip":"136385101","value":545100,"shares":13800,"shareType":"SH","priorValue":672474,"priorShares":13800},{"issuer":"FREEPORT MCMORAN INC","titleOfClass":"CL B","cusip":"35671D857","value":521987,"shares":8300,"shareType":"SH","priorValue":487874,"priorShares":8300},{"issuer":"AMBEV SA","titleOfClass":"SPONSORED ADR","cusip":"02319V103","value":519670,"shares":165500,"shareType":"SH","priorValue":483260,"priorShares":165500},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"INT-TERM CORP","cusip":"92206C870","value":517554,"shares":6262,"shareType":"SH","priorValue":489880,"priorShares":5920},{"issuer":"HEALTHCARE RLTY TR","titleOfClass":"CL A COM","cusip":"42226K105","value":510561,"shares":25313,"shareType":"SH","priorValue":429200,"priorShares":25262},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EMR MKT ETF","cusip":"922042858","value":502295,"shares":8415,"shareType":"SH","priorValue":453403,"priorShares":8389},{"issuer":"FEDEX CORP","titleOfClass":"COM","cusip":"31428X106","value":485352,"shares":1550,"shareType":"SH","priorValue":552079,"priorShares":1550},{"issuer":"CAPITAL ONE FINL CORP","titleOfClass":"COM","cusip":"14040H105","value":479418,"shares":2390,"shareType":"SH","priorValue":445056,"priorShares":2440},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US DIVIDEND EQ","cusip":"808524797","value":464068,"shares":14635,"shareType":"SH","priorValue":458592,"priorShares":14948},{"issuer":"SUNCOR ENERGY INC NEW","titleOfClass":"COM","cusip":"867224107","value":450912,"shares":8400,"shareType":"SH","priorValue":568546,"priorShares":8600},{"issuer":"BLACKSTONE SECD LENDING FD","titleOfClass":"COMMON STOCK","cusip":"09261X102","value":445836,"shares":18804,"shareType":"SH","priorValue":445395,"priorShares":18801},{"issuer":"SIXTH STREET SPECIALTY LENDI","titleOfClass":"COM","cusip":"83012A109","value":439161,"shares":25577,"shareType":"SH","priorValue":470109,"priorShares":25577},{"issuer":"RITHM CAPITAL CORP","titleOfClass":"COM NEW","cusip":"64828T201","value":438513,"shares":46700,"shareType":"SH","priorValue":442716,"priorShares":46700},{"issuer":"M & T BK CORP","titleOfClass":"COM","cusip":"55261F104","value":437445,"shares":1838,"shareType":"SH","priorValue":379887,"priorShares":1838},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":417964,"shares":1918,"shareType":"SH","priorValue":366334,"priorShares":1867},{"issuer":"WHITE MTNS INS GROUP LTD","titleOfClass":"COM","cusip":"G9618E107","value":414678,"shares":200,"shareType":"SH","priorValue":439392,"priorShares":200},{"issuer":"LOWES COS INC","titleOfClass":"COM","cusip":"548661107","value":407221,"shares":1847,"shareType":"SH","priorValue":444477,"priorShares":1881},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":395241,"shares":1106,"shareType":"SH","priorValue":317994,"priorShares":1106},{"issuer":"COCA-COLA FEMSA SAB DE CV","titleOfClass":"SPONS ADS REP","cusip":"191241108","value":393125,"shares":3700,"shareType":"SH","priorValue":360935,"priorShares":3700},{"issuer":"REGIONS FINANCIAL CORP NEW","titleOfClass":"COM","cusip":"7591EP100","value":376670,"shares":12473,"shareType":"SH","priorValue":325098,"priorShares":12446},{"issuer":"BURFORD CAPITAL LIMITED","titleOfClass":"ORD SHS","cusip":"G17977110","value":371460,"shares":90600,"shareType":"SH","priorValue":198880,"priorShares":44000},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":357411,"shares":1786,"shareType":"SH","priorValue":311172,"priorShares":1784},{"issuer":"APOLLO GLOBAL MGMT INC","titleOfClass":"COM","cusip":"03769M106","value":353747,"shares":2990,"shareType":"SH","priorValue":333146,"priorShares":2990},{"issuer":"BROADCOM INC","titleOfClass":"COM","cusip":"11135F101","value":345641,"shares":915,"shareType":"SH","priorValue":306415,"priorShares":990},{"issuer":"OCCIDENTAL PETE CORP","titleOfClass":"COM","cusip":"674599105","value":345381,"shares":7111,"shareType":"SH","priorValue":488215,"priorShares":7511},{"issuer":"UNION PAC CORP","titleOfClass":"COM","cusip":"907818108","value":344896,"shares":1268,"shareType":"SH","priorValue":319773,"priorShares":1318},{"issuer":"VANGUARD MUN BD FDS","titleOfClass":"LONG TERM TAX EX","cusip":"922907688","value":330026,"shares":3150,"shareType":"SH","priorValue":307530,"priorShares":3000},{"issuer":"TRUIST FINL CORP","titleOfClass":"COM","cusip":"89832Q109","value":327984,"shares":6583,"shareType":"SH","priorValue":302003,"priorShares":6570},{"issuer":"MASTERCARD INCORPORATED","titleOfClass":"CL A","cusip":"57636Q104","value":326281,"shares":635,"shareType":"SH","priorValue":317417,"priorShares":635},{"issuer":"ST JOE CO","titleOfClass":"COM","cusip":"790148100","value":325676,"shares":5200,"shareType":"SH","priorValue":326560,"priorShares":5200},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LCAP GR ETF","cusip":"808524300","value":323348,"shares":9555,"shareType":"SH","priorValue":289223,"priorShares":9929},{"issuer":"DIAGEO PLC","titleOfClass":"SPON ADR NEW","cusip":"25243Q205","value":321520,"shares":4000,"shareType":"SH","priorValue":275465,"priorShares":3700},{"issuer":"WALMART INC","titleOfClass":"COM","cusip":"931142103","value":317113,"shares":2800,"shareType":"SH","priorValue":357678,"priorShares":2878},{"issuer":"VICI PPTYS INC","titleOfClass":"COM","cusip":"925652109","value":314529,"shares":11847,"shareType":"SH","priorValue":323651,"priorShares":11847},{"issuer":"CORPORACION AMER ARPTS S A","titleOfClass":"COM","cusip":"L1995B107","value":312232,"shares":12400,"shareType":"SH","priorValue":313596,"priorShares":12400},{"issuer":"GRUPO AVAL ACCIONES Y VALORE","titleOfClass":"SPONSORED ADS","cusip":"40053W101","value":306604,"shares":60955,"shareType":"SH","priorValue":268202,"priorShares":60955},{"issuer":"CTO RLTY GROWTH INC NEW","titleOfClass":"COM","cusip":"22948Q101","value":294687,"shares":13700,"shareType":"SH","priorValue":253313,"priorShares":13700},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":293786,"shares":831,"shareType":"SH","priorValue":238485,"priorShares":831},{"issuer":"ARGAN INC","titleOfClass":"COM","cusip":"04010E109","value":293185,"shares":367,"shareType":"SH","priorValue":219404,"priorShares":403},{"issuer":"LOCKHEED MARTIN CORP","titleOfClass":"COM","cusip":"539830109","value":292940,"shares":575,"shareType":"SH","priorValue":347524,"priorShares":575},{"issuer":"AGREE RLTY CORP","titleOfClass":"COM","cusip":"008492100","value":291557,"shares":3849,"shareType":"SH","priorValue":306658,"priorShares":4068},{"issuer":"LADDER CAP CORP","titleOfClass":"CL A","cusip":"505743104","value":288035,"shares":28948,"shareType":"SH","priorValue":282824,"priorShares":28948},{"issuer":"RTX CORPORATION","titleOfClass":"COM","cusip":"75513E101","value":280053,"shares":1476,"shareType":"SH","priorValue":284695,"priorShares":1476},{"issuer":"GRUPO CIBEST SA","titleOfClass":"SPON ADS","cusip":"40090E106","value":278005,"shares":3500,"shareType":"SH","priorValue":254835,"priorShares":3500},{"issuer":"CURTISS WRIGHT CORP","titleOfClass":"COM","cusip":"231561101","value":277340,"shares":366,"shareType":"SH","priorValue":266999,"priorShares":392},{"issuer":"CELESTICA INC","titleOfClass":"COM","cusip":"15101Q207","value":276518,"shares":758,"shareType":"SH","priorValue":213513,"priorShares":758},{"issuer":"EASTERLY GOVT PPTYS INC","titleOfClass":"COM SHS","cusip":"27616P301","value":274230,"shares":11000,"shareType":"SH","priorValue":214300,"priorShares":10000},{"issuer":"FIDUS INVT CORP","titleOfClass":"COM","cusip":"316500107","value":268317,"shares":14070,"shareType":"SH","priorValue":227681,"priorShares":13070},{"issuer":"DISNEY WALT CO","titleOfClass":"COM","cusip":"254687106","value":258046,"shares":2681,"shareType":"SH","priorValue":258395,"priorShares":2681},{"issuer":"MERCADOLIBRE INC","titleOfClass":"COM","cusip":"58733R102","value":237635,"shares":140,"shareType":"SH"},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"INTERNL DIVID","cusip":"808524672","value":237198,"shares":7476,"shareType":"SH","priorValue":235840,"priorShares":7449},{"issuer":"CHEVRON CORPORATION","titleOfClass":"COM","cusip":"166764100","value":232939,"shares":1405,"shareType":"SH","priorValue":290571,"priorShares":1404},{"issuer":"BLACKROCK HEALTH SCIENCES TR","titleOfClass":"COM","cusip":"09250W107","value":231930,"shares":5400,"shareType":"SH","priorValue":207954,"priorShares":5400},{"issuer":"ARES CAPITAL CORP","titleOfClass":"COM","cusip":"04010L103","value":230148,"shares":12420,"shareType":"SH","priorValue":223814,"priorShares":12420},{"issuer":"NUTRIEN LTD","titleOfClass":"COM","cusip":"67077M108","value":226620,"shares":3600,"shareType":"SH","priorValue":271656,"priorShares":3600},{"issuer":"LANDS END INC NEW","titleOfClass":"COM","cusip":"51509F105","value":222113,"shares":21194,"shareType":"SH","priorValue":152976,"priorShares":13610},{"issuer":"VANGUARD WORLD FD","titleOfClass":"EXTENDED DUR","cusip":"921910709","value":221272,"shares":3400,"shareType":"SH"},{"issuer":"RESTAURANT BRANDS INTL INC","titleOfClass":"COM","cusip":"76131D103","value":217893,"shares":3005,"shareType":"SH","priorValue":211724,"priorShares":2865},{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 2000 ETF","cusip":"464287655","value":217524,"shares":724,"shareType":"SH","priorValue":202290,"priorShares":816},{"issuer":"ECOLAB INC","titleOfClass":"COM","cusip":"278865100","value":217316,"shares":780,"shareType":"SH","priorValue":207496,"priorShares":780},{"issuer":"SIRIUSXM HOLDINGS INC","titleOfClass":"COMMON STOCK","cusip":"829933100","value":216953,"shares":7344,"shareType":"SH"},{"issuer":"AUNA S A","titleOfClass":"CLASS A","cusip":"L0415A103","value":215460,"shares":42000,"shareType":"SH","priorValue":148770,"priorShares":27000},{"issuer":"VERIZON COMMUNICATIONS INC","titleOfClass":"COM","cusip":"92343V104","value":211700,"shares":5000,"shareType":"SH","priorValue":251000,"priorShares":5000},{"issuer":"GOLDMAN SACHS ETF TR","titleOfClass":"NASDA 100 ETF","cusip":"38149W630","value":211464,"shares":3565,"shareType":"SH"},{"issuer":"HCA HEALTHCARE INC","titleOfClass":"COM","cusip":"40412C101","value":207627,"shares":533,"shareType":"SH","priorValue":251989,"priorShares":532},{"issuer":"AH RLTY TR INC","titleOfClass":"COM","cusip":"04208T108","value":206736,"shares":29200,"shareType":"SH","priorValue":108900,"priorShares":19800},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"GROWTH ETF","cusip":"922908736","value":202591,"shares":2352,"shareType":"SH"},{"issuer":"BROADSTONE NET LEASE INC","titleOfClass":"COM","cusip":"11135E203","value":200496,"shares":9700,"shareType":"SH"},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MCAP GR IDXVIP","cusip":"922908538","value":200401,"shares":654,"shareType":"SH"},{"issuer":"ETF SER SOLUTIONS","titleOfClass":"HOYA CAPT HI DIV","cusip":"26922B840","value":174710,"shares":17919,"shareType":"SH","priorValue":160347,"priorShares":17836},{"issuer":"CMB.TECH NV","titleOfClass":"SHS","cusip":"B38564108","value":139900,"shares":10000,"shareType":"SH","priorValue":126500,"priorShares":10000},{"issuer":"BLUE OWL CAPITAL CORPORATION","titleOfClass":"COM","cusip":"69121K104","value":139735,"shares":12855,"shareType":"SH","priorValue":142178,"priorShares":12855},{"issuer":"FORD MTR CO","titleOfClass":"COM","cusip":"345370860","value":139000,"shares":10000,"shareType":"SH","priorValue":115400,"priorShares":10000},{"issuer":"COHEN & STEERS TOTAL RETURN","titleOfClass":"COM","cusip":"19247R103","value":113200,"shares":10000,"shareType":"SH","priorValue":111400,"priorShares":10000},{"issuer":"UWM HOLDINGS CORPORATION","titleOfClass":"COM CL A","cusip":"91823B109","value":107630,"shares":47000,"shareType":"SH","priorValue":61540,"priorShares":17000},{"issuer":"SFL CORPORATION LTD","titleOfClass":"SHS","cusip":"G7738W106","value":102000,"shares":10000,"shareType":"SH","priorValue":107900,"priorShares":10000},{"issuer":"INTER & CO INC","titleOfClass":"CLASS A COM","cusip":"G4R20B107","value":81450,"shares":15000,"shareType":"SH"},{"issuer":"APARTMENT INVT & MGMT CO","titleOfClass":"CL A","cusip":"03748R747","value":44550,"shares":15000,"shareType":"SH","priorValue":61050,"priorShares":15000},{"issuer":"VERRA MOBILITY CORP","titleOfClass":"CL A COM STK","cusip":"92511U102","value":42500,"shares":10000,"shareType":"SH"}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}