<SEC-DOCUMENT>0001324360-13-000002.txt : 20130510
<SEC-HEADER>0001324360-13-000002.hdr.sgml : 20130510
<ACCEPTANCE-DATETIME>20130510132124
ACCESSION NUMBER:		0001324360-13-000002
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20130331
FILED AS OF DATE:		20130510
DATE AS OF CHANGE:		20130510
EFFECTIVENESS DATE:		20130510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sage Capital Management, LLC
		CENTRAL INDEX KEY:			0001324360
		IRS NUMBER:				200570637
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-11363
		FILM NUMBER:		13832405

	BUSINESS ADDRESS:	
		STREET 1:		1280 N. PALM AVENUE
		CITY:			SARASOTA
		STATE:			FL
		ZIP:			34236
		BUSINESS PHONE:		9419521032

	MAIL ADDRESS:	
		STREET 1:		1280 N. PALM AVENUE
		CITY:			SARASOTA
		STATE:			FL
		ZIP:			34236
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>main36.txt
<DESCRIPTION>SAGE CAPITAL MANAGEMENT, LLC 13F-HR REPORT FOR QUARTER ENDED MARCH 31, 2013
<TEXT>



                               UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                  FORM 13F

                            FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: MARCH 31, 2013

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 CAPITAL MANAGEMENT, LLC
Address: 665 S. ORANGE AVENUE, SUITE 3  SARASOTA, FL  34236

13 File Number: 028-11363

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
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: MICHAEL C. IPPOLITO, CFA
Title: CHIEF COMPLIANCE OFFICER
Phone: 941-952-1032
Signature, Place and Date of Signing: MICHAEL C. IPPOLITO, CFA  SARASOTA, FL

      MAY 9, 2013


Report Type (Check only one.):
[ X]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[  ]        13F COMBINATION REPORT.


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
                           FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    45

Form 13F Information Table Value Total:    104886



<PAGE>
<TABLE>                          <C>               <C>
                                                                FORM 13F INFORMATION TABLE
                                                              VALUE   SHARES/ SH/ PUT/ INVSTMT   OTHER        VOTING AUTHORITY
           NAME OF ISSUER        TITLE OF CLASS     CUSIP   x($1000) PRN AMT  PRN CALL DISCRETN MANAGERS   SOLE    SHARED    NONE
  ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D ACCURAY INC SR UNS 3.75%	 CONVRT BONDS     004397AB1      900  1000000 SH       SOLE                1000000        0        0
D ACCURAY INC. SR UNS 3.50%	 CONVRT BONDS     004397AC9     1070  1000000 SH       SOLE                1000000        0        0
D AFFORDABLE RES SR UNS 7.50%	 CONVRT BONDS     00828UAB9     1188  1000000 SH       SOLE                1000000        0        0
D ALERE INC SR SUB CONV 3.00	 CONVRT BONDS     01449JAA3     1484  1500000 SH       SOLE                1500000        0        0
D AMTRUST FINANCIAL SR UNS 5.50% CONVRT BONDS     032359AC5     2845  2000000 SH       SOLE                2000000        0        0
D ANNALY CAPITAL SR UNS GLOBAL	 CONVRT BONDS     035710AA0     3122  2500000 SH       SOLE                2500000        0        0
D ARCELORMITTAL SA CONV PFD 	 PRFD STK (CONVRT L0302D178     1676    80000 SH       SOLE                  80000        0        0
D CADENCE DESIGN SR UNS GLOBAL C CONVRT BONDS     127387AJ7     1877  1000000 SH       SOLE                1000000        0        0
D CEMEX SAB SR UNS CONV 3.25%	 CONVRT BONDS     151290BB8     3316  2500000 SH       SOLE                2500000        0        0
D CHIQUITA BRANDS INTL SR UNS 	 CONVRT BONDS     170032AT3     1821  2000000 SH       SOLE                2000000        0        0
D COVANTA HOLDING SR UNS CONV    CONVRT BONDS     22282EAC6     1950  1500000 SH       SOLE                1500000        0        0
D CUBIST PHARM SR UNS CONV 2.5%  CONVRT BONDS     229678AD9     2900  1700000 SH       SOLE                1700000        0        0
D DEVELOPERS DIVERSIFIED SR UNS	 CONVRT BONDS     251591AX1     2379  2000000 SH       SOLE                2000000        0        0
D ENCORE CAPITAL GROUP 3.00%     CONVRT BONDS     292554AC6     1706  1500000 SH       SOLE                1500000        0        0
D ENDO PHARMA HLDG SER B SENIOR  CONVRT BONDS     29264FAB2     2387  2000000 SH       SOLE                2000000        0        0
D ENERSYS SR UNS CONV 3.375%	 CONVRT BONDS     29275YAA0     1890  1500000 SH       SOLE                1500000        0        0
D ENPRO INDUSTRIES SER B  SR UNS CONVRT BONDS     29355XAB3     3946  2475000 SH       SOLE                2475000        0        0
D FIDELITY NATIONAL FIN 4.25% SR CONVRT BONDS     31620RAE5     2032  1500000 SH       SOLE                1500000        0        0
D GEN CABLE CORP SR UNS 0.875%	 CONVRT BONDS     369300AD0     1493  1500000 SH       SOLE                1500000        0        0
D GILEAD SCIENCES SER D SR UNS	 CONVRT BONDS     375558AP8     4345  2000000 SH       SOLE                2000000        0        0
D GOODRICH PETRO SR UNS 5.00%	 CONVRT BONDS     382410AC2     1485  1500000 SH       SOLE                1500000        0        0
D GROUP 1 AUTO SR UNS 2.25%	 CONVRT BONDS     398905AE9     1158  1000000 SH       SOLE                1000000        0        0
D HERTZ GLOBAL HLD SR UNS 5.25%  CONVRT BONDS     42805TAA3     2715  1000000 SH       SOLE                1000000        0        0
D HUNTINGTON BANCSHARES CONV PFD PRFD STK (CONVRT 446150401     1920     1500 SH       SOLE                   1500        0        0
D LIBERTY MEDIA SER B SR UNS CON CONVRT BONDS     530718AF2     4117  2550000 SH       SOLE                2550000        0        0
D M/I HOMES INC SR SUB 3.00%	 CONVRT BONDS     55292PAB1     1030  1000000 SH       SOLE                1000000        0        0
D MICRON TECH SR UNS CONV 1.875% CONVRT BONDS     595112AK9     2113  2000000 SH       SOLE                2000000        0        0
D MYLAN INC SER B SR UNS 3.75%   CONVRT BONDS     628530AJ6     4438  2000000 SH       SOLE                2000000        0        0
D NATL FINANCIAL SER B SR UNS CO CONVRT BONDS     63607PAC3     2770  1500000 SH       SOLE                1500000        0        0
D NEXTERA ENERGY INC CONV PFD    PRFD STK (CONVRT 65339F887     1635    30000 SH       SOLE                  30000        0        0
D OMNICARE INC SENIOR SUB CONV   CONVRT BONDS     681904AN8     2436  1500000 SH       SOLE                1500000        0        0
D PDL BIO PHARMA SR UNS GLOBAL   CONVRT BONDS     69329YAC8     3002  2500000 SH       SOLE                2500000        0        0
D PRS ULT LEH20+YR               US ETF'S - US TR 74347B201     2012    30624 SH       SOLE                  30624        0        0
D TELEFLEX INC 3.875%  SR SUB    CONVRT BONDS     879369AA4     1455  1000000 SH       SOLE                1000000        0        0
D THERAVANCE INC SUB CONV 2.125% CONVRT BONDS     88338TAB0     2194  2000000 SH       SOLE                2000000        0        0
D SBA COMMUNICATIO SR UNS 4%     CONVRT BONDS     78388JAM8     2395  1000000 SH       SOLE                1000000        0        0
D SPDR BARCLAYS CAPTL CONV BND   US ETF'S - US TR 78464A359     3334    78650 SH       SOLE                  78650        0        0
D TIME WARNER TELE SR UNS CONV   CONVRT BONDS     887319AC5     2703  2000000 SH       SOLE                2000000        0        0
D UAL CORP SR UNS CONV 6%        CONVRT BONDS     902549AJ3     3724  1000000 SH       SOLE                1000000        0        0
D UTILITIES SELECT SEC TOR SPDR  US ETF'S - US TR 81369Y886     1369    35000 SH       SOLE                  35000        0        0
D UNITED THERA SR UNS 1.00%      CONVRT BONDS     91307CAF9     2060  1500000 SH       SOLE                1500000        0        0
D VERTEX PHARMA SR SUB 3.35%     CONVRT BONDS     92532FAN0     1801  1500000 SH       SOLE                1500000        0        0
D VIRGIN MEDIA INC SR UNS GLOBAL CONVRT BONDS     92769LAB7     5380  2050000 SH       SOLE                2050000        0        0
D WEBMD HEALTH CORP SR UNS 2.50% CONVRT BONDS     94770VAF9     1380  1500000 SH       SOLE                1500000        0        0
D WELLS FARGO & CO CONV PFD 	 PRFD STK (CONVRT 949746804     1933     1500 SH       SOLE                   1500        0        0
S REPORT SUMMARY                 45 DATA RECORDS              104886        0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>