Merriman Wealth Management, LLC

CIK

1568389

Location

SEATTLE, WA

Portfolio Value

Mid $2,400,951,585

Diversification

Moderately concentrated

Filing Date

Global Rank

#1,193 / 8,182 ▼ 65 · as of Dec 2024

Top Industry

Software - Infrastructure 28.3%

Period ended 1 year ago

Filed Feb 13, 2025 · 1y

20 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2024, never from the firm's own description.

Style

Concentrated

The top 10 positions are 93.4% of the book (60%+)

Turnover

Low turnover

9.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 13.9 quarters (12+), a floor since 36.0% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 85.9%; sector active share 81.5% against the combined 13F book's sector weights.

Over time 20 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

209 tracked positions · as of Dec 31, 2024 · Δ vs Sep 30, 2024

Top Position

35.2%

−0.8 pts

Top 5

87.6%

+0.0 pts

Top 10

93.4%

+0.7 pts

HHI

2,390

Moderately concentrated−42

Portfolio Trend

20 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2024

Sector	% Portfolio	Value	Positions
Unclassified	94.1%	$2,259,825,925	129
Technology	3.4%	$81,048,440	20
Consumer Cyclical	0.8%	$19,344,637	6
Consumer Defensive	0.5%	$11,521,726	7
Communication Services	0.4%	$8,728,407	7
Financial Services	0.3%	$7,936,751	12
Healthcare	0.2%	$5,742,269	13
Industrials	0.2%	$4,332,953	10
Energy	0.1%	$1,746,832	2
Utilities	0.0%	$502,060	2
Real Estate	0.0%	$221,585	1

Last Quarter's Activity

Export CSV

Dec 31, 2024 vs Sep 30, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	+842,087	846,016	$49,221,210
SGOV	iShares 0-3 Month Treasury Bond ETF	+323,687	353,423	$35,455,395
DISV	Dimensional International Small Cap Value ETF	+274,044	8,865,282	$235,550,542
SCHX	Schwab U.S. Large-Cap ETF	+121,888	182,759	$4,236,353
SCHV	Schwab U.S. Large-Cap Value ETF	+52,310	76,437	$1,992,712
DIHP	Dimensional International High Profitability ETF	+49,739	3,165,787	$79,872,806
AVES	Avantis Emerging Markets Value ETF	+23,810	797,725	$36,854,895
DFSI	Dimensional International Sustainability Core 1 ETF	+20,048	588,389	$19,328,578
VGSR	Vert Global Sustainable Real Estate ETF	+19,300	2,050,284	$20,748,874
AVRE	Avantis Real Estate ETF	+19,076	301,308	$12,630,831
SCHB	Schwab U.S. Broad Market ETF	+18,202	27,738	$629,652
SCHF	Schwab International Equity ETF	+16,584	33,560	$620,860
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	+12,463	285,830	$9,469,833
—		+9,979	261,334	$18,440,249
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+9,326	46,354	$2,688,532
AVSU	Avantis Responsible U.S. Equity ETF	+8,921	319,392	$21,118,837
SCHG	Schwab U.S. Large-Cap Growth ETF	+7,914	10,552	$294,084
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	+6,747	32,210	$1,559,608
SCHD	Schwab U.S. Dividend Equity ETF	+6,655	11,667	$318,742
BBIN	JPMorgan BetaBuilders International Equity ETF	+5,540	44,476	$2,539,579
AAPL	Apple Inc.	+5,241	88,881	$22,257,580
MUB	iShares National Muni Bond ETF	+5,137	7,556	$805,091
GOOG	Alphabet Inc.	+4,724	18,958	$3,610,361
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	+3,705	94,008	$2,337,038
VEA	Vanguard FTSE Developed Markets ETF	+3,608	26,723	$1,277,893
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DUHP	Dimensional US High Profitability ETF	−191,898	8,149,756	$275,380,255
SCZ	iShares MSCI EAFE Small-Cap ETF	−123,960	65,739	$3,993,644
VNQI	VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND	−89,878	23,523	$930,569
AVUV	Avantis U.S. Small Cap Value ETF	−76,538	3,520,278	$339,812,435
DFAC	Dimensional U.S. Core Equity 2 ETF	−74,543	2,044,028	$70,702,928
EFV	iShares MSCI EAFE Value ETF	−74,195	12,870	$675,288
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	−56,636	80,057	$3,071,787
AGG	iShares Core U.S. Aggregate Bond ETF	−55,873	3,109	$301,262
AVLV	Avantis U.S. Large Cap Value ETF	−42,108	1,969,084	$131,475,738
DFAT	Dimensional U.S. Targeted Value ETF	−39,598	880,267	$48,995,661
AVEM	Avantis Emerging Markets Equity ETF	−33,049	105,910	$6,226,448
AVDE	Avantis International Equity ETF	−30,432	22,297	$1,368,366
DFSU	Dimensional US Sustainability Core 1 ETF	−29,352	988,593	$37,467,674
QUAL	iShares MSCI USA Quality Factor ETF	−25,199	1,363,748	$242,856,243
DFIS	Dimensional International Small Cap ETF	−23,940	534,781	$13,131,547
DFUV	Dimensional U.S. Marketwide Value ETF	−21,083	646,928	$26,472,293
OEF	iShares S&P 100 ETF	−12,291	749,310	$216,438,193
AVDV	Avantis International Small Cap Value ETF	−10,864	17,157	$1,116,577
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−9,801	135,739	$4,632,772
IVLU	iShares MSCI Intl Value Factor ETF	−9,713	195,406	$5,297,456
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−7,674	205,133	$40,653,257
FNDC	Schwab Fundamental International Small Equity ETF	−5,093	359,575	$12,275,890
BANR	Banner Corp	−4,780	45,153	$3,014,865
VLUE	iShares MSCI USA Value Factor ETF	−4,701	99,937	$10,554,346
AAAU	Goldman Sachs Physical Gold ETF	−4,622	84,210	$2,184,407
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	5,432	$2,777,001
VDE	VANGUARD ENERGY INDEX FUND	16,063	$1,948,602
ESGU	iShares ESG Aware MSCI USA ETF	3,671	$472,898
—		15,900	$462,690
ISHG	iShares 1-3 Year International Treasury Bond ETF	6,517	$439,050
RELY	Remitly Global, Inc.	18,696	$421,968
AMD	Advanced Micro Devices Inc	3,409	$411,773
APH	Amphenol Corp	2,889	$401,282
ESGD	iShares ESG Aware MSCI EAFE ETF	4,296	$327,097
AVGV	Avantis All Equity Markets Value ETF	5,153	$314,240
CSCO	Cisco Systems, Inc.	4,570	$270,544
BAC	Bank Of America Corp	6,003	$263,831
IGOV	iShares International Treasury Bond ETF	6,633	$254,839
INTU	Intuit Inc.	377	$236,944
BLK	BlackRock, Inc.	229	$234,750
TMO	Thermo Fisher Scientific Inc.	421	$219,016
WFC	Wells Fargo & Company	3,115	$218,797
BMY	Bristol Myers Squibb Co	3,705	$209,554
ROK	Rockwell Automation, Inc	721	$206,054
GOSS	Gossamer Bio, Inc.	142,269	$128,753
No positions match the current search.

Sold Out

Positions the filer fully exited

23 positions

Ticker	Company	Shares	Value
USRT	iShares Core U.S. REIT ETF	109,016	$6,712,115
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	124,307	$6,570,868
DLS	WisdomTree International SmallCap Dividend Fund	89,276	$6,164,507
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	61,587	$6,022,592
BOND	PIMCO Active Bond Exchange-Traded Fund	60,465	$5,720,593
TIP	iShares TIPS Bond ETF	51,715	$5,712,956
BAB	Invesco Exchange-Traded Fund Trust II	206,334	$5,688,628
—		117,885	$5,364,946
TLT	iShares 20+ Year Treasury Bond ETF	52,044	$5,105,516
DWX	State Street(R) SPDR(R) S&P(R) International Dividend ETF	107,583	$4,131,187
GNR	State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF	35,660	$2,056,512
JHEM	John Hancock Multifactor Emerging Markets ETF	70,555	$2,017,873
ARCC	Ares Capital Corp	32,331	$677,011
NVO	Novo Nordisk A S	2,373	$282,553
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	3,021	$250,561
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	3,166	$237,798
RUM	RUM Group Inc.	43,520	$233,267
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	1,031	$232,758
FREL	Fidelity MSCI Real Estate Index ETF	7,396	$218,034
KMB	Kimberly Clark Corp	1,530	$217,688
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	3,869	$211,556
PHM	Pultegroup Inc	1,468	$210,702
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income Fund	20,267	$176,728
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

209 tracked positions · $2,400,951,585 total · filing declares 211 positions · $2,402,134,034 · as of Dec 31, 2024

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 209 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	3,520,278	-76,538	$339,812,435	−1.5%	20+	before history	14.15%
DUHP	Dimensional US High Profitability ETF	Reduced	8,149,756	-191,898	$275,380,255	−3.1%	12	$24.77	11.47%
QUAL	iShares MSCI USA Quality Factor ETF	Reduced	1,363,748	-25,199	$242,856,243	−2.5%	20+	before history	10.11%
DISV	Dimensional International Small Cap Value ETF	Added	8,865,282	+274,044	$235,550,542	−5.7%	12	unpriced	9.81%
OEF	iShares S&P 100 ETF	Reduced	749,310	-12,291	$216,438,193	+2.7%	6	unpriced	9.01%
AVLV	Avantis U.S. Large Cap Value ETF	Reduced	1,969,084	-42,108	$131,475,738	−0.7%	12	$51.54	5.48%
DIHP	Dimensional International High Profitability ETF	Added	3,165,787	+49,739	$79,872,806	−7.5%	12	unpriced	3.33%
DFAC	Dimensional U.S. Core Equity 2 ETF	Reduced	2,044,028	-74,543	$70,702,928	−2.7%	15	unpriced	2.94%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Added	846,016	+842,087	$49,221,210	+21126.2%	3	$58.36	2.05%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	880,267	-39,598	$48,995,661	−4.3%	15	unpriced	2.04%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	205,133	-7,674	$40,653,257	−4.9%	20+	before history	1.69%
MSFT	Microsoft Corp Technology	Added	92,179	+930	$38,853,448	−1.0%	20+	before history	1.62%
DFSU	Dimensional US Sustainability Core 1 ETF	Reduced	988,593	-29,352	$37,467,674	−1.0%	9	$26.00	1.56%
AVES	Avantis Emerging Markets Value ETF	Added	797,725	+23,810	$36,854,895	−8.7%	13	$46.05	1.54%
SGOV	iShares 0-3 Month Treasury Bond ETF	Added	353,423	+323,687	$35,455,395	+1083.8%	10	unpriced	1.48%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Reduced	704,250	-3,564	$35,304,052	−2.4%	20+	before history	1.47%
DFUV	Dimensional U.S. Marketwide Value ETF	Reduced	646,928	-21,083	$26,472,293	−4.9%	11	$33.28	1.10%
DFIV	Dimensional International Value ETF	Reduced	669,875	-1,951	$23,767,165	−7.1%	14	unpriced	0.99%
AAPL	Apple Inc. Technology	Added	88,881	+5,241	$22,257,580	+14.2%	20+	before history	0.93%
AVSU	Avantis Responsible U.S. Equity ETF	Added	319,392	+8,921	$21,118,837	+4.2%	10	$52.05	0.88%
VGSR	Vert Global Sustainable Real Estate ETF	Added	2,050,284	+19,300	$20,748,874	−8.0%	5	unpriced	0.86%
SUB	iShares Short-Term National Muni Bond ETF	Reduced	187,215	-1,834	$19,747,438	−1.6%	14	unpriced	0.82%
DFSI	Dimensional International Sustainability Core 1 ETF	Added	588,389	+20,048	$19,328,578	−4.8%	9	$28.43	0.81%
		Added	261,334	+9,979	$18,440,249	+4.4%	6	$57.35	0.77%
DFIS	Dimensional International Small Cap ETF	Reduced	534,781	-23,940	$13,131,547	−12.4%	11	$20.98	0.55%
AVRE	Avantis Real Estate ETF	Added	301,308	+19,076	$12,630,831	−5.1%	10	$41.68	0.53%
FNDC	Schwab Fundamental International Small Equity ETF	Reduced	359,575	-5,093	$12,275,890	−11.8%	20+	before history	0.51%
NVDA	Nvidia Corp Technology	Reduced	86,689	-70	$11,641,465	+10.5%	14	unpriced	0.48%
IVV	iShares Core S&P 500 ETF	Reduced	19,166	-956	$11,282,640	−2.8%	20+	before history	0.47%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	48,696	-2,893	$10,683,415	+11.1%	20+	before history	0.44%
VLUE	iShares MSCI USA Value Factor ETF	Reduced	99,937	-4,701	$10,554,346	−7.5%	20+	before history	0.44%
SLYV	State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF	Reduced	115,543	-1,298	$10,081,126	−0.6%	2	$83.70	0.42%
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	Added	285,830	+12,463	$9,469,833	−2.2%	9	$29.26	0.39%
GSLC	Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF	Reduced	82,175	-1,372	$9,464,916	+0.3%	10	$76.88	0.39%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	8,510	-267	$7,797,457	+0.2%	20+	before history	0.32%
VV	VANGUARD LARGE-CAP INDEX FUND	Reduced	28,520	-1,386	$7,691,844	−2.3%	20+	before history	0.32%
IJJ	iShares S&P Mid-Cap 400 Value ETF	Reduced	53,843	-2,617	$6,728,221	−3.6%	19	unpriced	0.28%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	105,910	-33,049	$6,226,448	−30.6%	19	$52.44	0.26%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Reduced	74,882	-406	$5,889,469	−2.6%	5	unpriced	0.25%
IVLU	iShares MSCI Intl Value Factor ETF	Reduced	195,406	-9,713	$5,297,456	−12.5%	20+	before history	0.22%
TSLA	Tesla, Inc. Consumer Cyclical	Added	13,106	+510	$5,292,727	+60.6%	20+	before history	0.22%
VO	VANGUARD MID-CAP INDEX FUND	Reduced	19,529	-660	$5,158,194	−3.2%	2	unpriced	0.21%
ISCV	iShares Morningstar Small-Cap Value ETF	Added	80,256	+333	$5,089,032	+0.3%	10	unpriced	0.21%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	135,739	-9,801	$4,632,772	−15.3%	20+	before history	0.19%
VOO	VANGUARD 500 INDEX FUND	Reduced	8,516	-26	$4,588,505	+1.8%	20+	before history	0.19%
SCHX	Schwab U.S. Large-Cap ETF	Added	182,759	+121,888	$4,236,353	+2.6%	20+	before history	0.18%
SCZ	iShares MSCI EAFE Small-Cap ETF	Reduced	65,739	-123,960	$3,993,644	−68.9%	20+	before history	0.17%
AVSD	Avantis Responsible International Equity ETF	Added	68,364	+711	$3,806,507	−7.1%	11	$46.76	0.16%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	12,885	+351	$3,734,201	+5.2%	20+	before history	0.16%
GOOG	Alphabet Inc. Communication Services	Added	18,958	+4,724	$3,610,361	+51.7%	20+	before history	0.15%

Showing the top 50 of 209 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.