Meritage Group LP

CIK

1427119

Location

SAN FRANCISCO, CA

Portfolio Value

Mid $2,650,066,255

Diversification

Diversified

Filing Date

Global Rank

#1,019 / 8,623 ▼ 116 · as of Mar 2026

Top Industry

Financial Data & Stock Exchanges 26.2%

3Y Alpha vs SPY

-9.3%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+31.4%

SPY

+65.3%

Annualised alpha

-8.7%

Max drawdown

−22.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 99% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

13 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

17.7%

−1.2 pts

Top 5

59.1%

−11.9 pts

Top 10

94.3%

−5.7 pts

HHI

1,038

Diversified−205

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	43.2%	$1,143,868,904	5
Technology	34.9%	$924,249,489	4
Consumer Cyclical	14.6%	$386,341,891	1
Real Estate	5.1%	$134,292,102	1
Unclassified	1.3%	$33,527,628	1
Industrials	1.0%	$27,786,241	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+11,999	1,855,005	$386,341,891
WDAY	Workday, Inc.	+10,499	1,623,022	$210,863,018
PCOR	Procore Technologies, Inc.	+8,817	2,678,410	$152,669,370
MSFT	Microsoft Corp	+8,219	1,270,530	$470,312,090
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
TRU	TransUnion	−1,701,618	3,632,870	$251,358,275
COF	Capital One Financial Corp	−523,983	1,313,033	$239,536,610
MSCI	MSCI Inc.	−60,533	406,084	$218,883,336
EFX	Equifax Inc	−11,180	154,308	$27,786,241
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
AON	Aon plc	680,169	$219,544,949
SPGI	S&P Global Inc.	504,410	$214,545,734
CSGP	Costar Group, Inc.	3,329,006	$134,292,102
TOST	Toast, Inc.	3,410,223	$90,405,011
SPY	Spdr S&P 500 ETF Trust	51,554	$33,527,628
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
QSR	Restaurant Brands International Inc.	3,200,731	$218,385,876
SGI	Somnigroup International Inc.	2,403,651	$214,597,961
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

13 tracked positions · $2,650,066,255 total · filing declares 13 positions · $2,650,066,274 · as of Mar 31, 2026

All sectors Consumer Cyclical Financial Services Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	1,270,530	+8,219	$470,312,090	−23.0%	17.75%
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,855,005	+11,999	$386,341,891	−9.2%	14.58%
TRU	TransUnion Financial Services	Reduced	3,632,870	-1,701,618	$251,358,275	−45.1%	9.48%
COF	Capital One Financial Corp Financial Services	Reduced	1,313,033	-523,983	$239,536,610	−46.2%	9.04%
AON	Aon plc Financial Services	NEW	680,169	NEW	$219,544,949	NEW	8.28%
MSCI	MSCI Inc. Financial Services	Reduced	406,084	-60,533	$218,883,336	−18.2%	8.26%
SPGI	S&P Global Inc. Financial Services	NEW	504,410	NEW	$214,545,734	NEW	8.10%
WDAY	Workday, Inc. Technology	Added	1,623,022	+10,499	$210,863,018	−39.1%	7.96%
PCOR	Procore Technologies, Inc. Technology	Added	2,678,410	+8,817	$152,669,370	−21.4%	5.76%
CSGP	Costar Group, Inc. Real Estate	NEW	3,329,006	NEW	$134,292,102	NEW	5.07%
TOST	Toast, Inc. Technology	NEW	3,410,223	NEW	$90,405,011	NEW	3.41%
SPY	Spdr S&P 500 ETF Trust	NEW	51,554	NEW	$33,527,628	NEW	1.27%
EFX	Equifax Inc Industrials	Reduced	154,308	-11,180	$27,786,241	−22.6%	1.05%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.