MERCER GLOBAL ADVISORS INC /ADV

Registered adviser

CIK

853758

Location

DENVER, CO

Portfolio Value

Large $80,904,237,353

Diversification

Diversified

Filing Date

Global Rank

#126 / 8,818 —

Top Industry

Semiconductors 14.3%

Period ended 4 months ago

Filed Aug 19, 2026 · 2mo

26 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 147363

Roster of Oct 1, 2026

Regulatory AUM

$84,396,892,590

Main clients

Individuals and high net worth (92% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$84,396,892,590	Individuals and high net worth (92%)
Apr 2025 to Mar 2026	$60,256,270,580	Individuals and high net worth (93%)
Apr 2024 to Mar 2025	$45,350,198,548	Individuals and high net worth (91%)
May 2023 to Mar 2024	$35,141,673,366	Individuals and high net worth (92%)
Apr 2023	$35,141,673,366	Individuals and high net worth (92%)
Apr 2022 to Mar 2023	$34,011,524,251	Individuals and high net worth (91%)

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 65.8% of the book (60%+)

Turnover

Low turnover

9.1% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 19.9 quarters (12+), a floor since 55.6% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 60.3%; sector active share 57.7% against the combined 13F book's sector weights.

Over time 26 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

3,563 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

22.7%

+0.5 pts

Top 5

54.7%

−0.9 pts

Top 10

65.8%

−1.2 pts

HHI

912

Diversified−5

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	70.5%	$57,071,843,321	919
Technology	11.2%	$9,034,568,055	397
Financial Services	4.1%	$3,319,072,215	537
Industrials	2.9%	$2,309,426,942	346
Healthcare	2.5%	$2,051,323,332	365
Consumer Cyclical	2.5%	$2,013,984,537	261
Communication Services	2.3%	$1,882,370,320	113
Consumer Defensive	1.2%	$1,009,146,655	117
Energy	1.0%	$809,925,307	141
Real Estate	0.6%	$517,101,728	173
Utilities	0.6%	$480,843,497	72
Basic Materials	0.5%	$404,631,444	122

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AGG	iShares Core U.S. Aggregate Bond ETF	+5,645,255	44,994,014	$4,453,507,505
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+5,220,847	50,651,293	$3,946,242,237
DIHP	Dimensional International High Profitability ETF	+3,281,893	35,612,854	$1,215,288,642
BNDX	Vanguard Total International Bond ETF	+3,058,915	39,340,451	$1,905,258,041
DFIC	Dimensional International Core Equity 2 ETF	+3,031,526	41,492,937	$1,546,026,832
DFAC	Dimensional U.S. Core Equity 2 ETF	+2,926,765	73,219,086	$3,247,998,654
DUHP	Dimensional US High Profitability ETF	+2,924,177	51,655,115	$2,155,567,948
ORMP	Oramed Pharmaceuticals Inc.	+1,900,000	3,810,540	$18,328,697
IMTM	iShares MSCI Intl Momentum Factor ETF	+1,841,268	25,849,053	$1,378,529,996
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	+1,765,999	1,802,788	$95,854,237
VXUS	Vanguard Total International Stock ETF	+1,710,490	2,210,219	$188,951,622
DFIV	Dimensional International Value ETF	+1,693,468	23,955,107	$1,294,054,880
VUG	VANGUARD GROWTH INDEX FUND	+1,360,275	1,632,494	$140,623,033
SUB	iShares Short-Term National Muni Bond ETF	+1,236,131	10,432,746	$1,110,774,466
IWF	iShares Russell 1000 Growth ETF	+1,235,547	1,643,658	$204,093,013
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+1,214,531	1,382,213	$165,202,097
USIG	iShares Broad USD Investment Grade Corporate Bond ETF	+1,171,383	2,389,937	$122,579,868
DFUV	Dimensional U.S. Marketwide Value ETF	+1,032,854	43,369,886	$2,385,777,428
MUB	iShares National Muni Bond ETF	+1,003,774	10,361,448	$1,115,099,033
IBDW	iShares iBonds Dec 2031 Term Corporate ETF	+980,979	1,890,508	$39,398,186
VUSB	VANGUARD ULTRA-SHORT BOND ETF	+976,365	987,814	$49,173,380
VO	VANGUARD MID-CAP INDEX FUND	+846,422	1,177,558	$94,875,848
VEA	Vanguard FTSE Developed Markets ETF	+821,010	36,559,773	$2,604,883,826
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	+757,876	5,791,658	$134,134,799
IBDV	iShares iBonds Dec 2030 Term Corporate ETF	+707,670	6,081,902	$132,585,463
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TBLL	Invesco Short Term Treasury ETF	−1,096,243	2,659	$280,710
SCHP	Schwab U.S. TIPS ETF	−819,301	743,051	$19,690,851
INTC	Intel Corp	−687,882	1,830,116	$255,539,097
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−531,234	1,539,100	$569,528,564
PFFD	Global X U.S. Preferred ETF	−497,204	365,711	$6,835,138
WRD	WeRide Inc.	−424,374	1,240,624	$7,220,431
SCHB	Schwab U.S. Broad Market ETF	−333,007	2,198,557	$63,670,210
LEVI	Levi Strauss & Co	−330,077	480,129	$11,921,603
MTUM	iShares MSCI USA Momentum Factor ETF	−271,464	8,117,410	$2,782,891,670
IJH	iShares Core S&P Mid-Cap ETF	−266,945	1,672,609	$128,974,879
SCHX	Schwab U.S. Large-Cap ETF	−256,234	9,672,309	$284,656,053
SCHO	Schwab Short-Term U.S. Treasury ETF	−213,710	1,186,671	$28,646,237
EXLS	ExlService Holdings, Inc.	−199,819	232,819	$6,020,699
CLF	Cleveland-Cliffs Inc.	−194,142	317,117	$2,977,728
SCHF	Schwab International Equity ETF	−194,021	8,707,217	$241,189,910
ATEC	Alphatec Holdings, Inc.	−187,735	117,383	$1,015,362
IEFA	iShares Core MSCI EAFE ETF	−187,648	4,450,490	$429,828,324
GUNR	FlexShares Morningstar Global Upstream Natural Resources Index Fund	−184,538	199,934	$9,852,747
FOXA	Fox Corp	−184,386	129,814	$6,771,098
ADT	ADT Inc.	−181,311	169,571	$1,102,211
IEMG	iShares Trust	−180,626	2,236,895	$185,304,381
IYR	iShares U.S. Real Estate ETF	−172,512	187,913	$19,214,104
BOND	PIMCO Active Bond Exchange-Traded Fund	−169,691	275,358	$25,390,761
SGOV	iShares 0-3 Month Treasury Bond ETF	−163,046	172,607	$17,376,346
SYF	Synchrony Financial	−152,390	518,143	$39,404,775
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
FDXF	FedEx Freight Holding Company, Inc.	104,106	$15,720,006
HONA	Honeywell Aerospace Inc.	56,634	$12,520,644
USD	ProShares Ultra Semiconductors	81,681	$8,516,061
SPCX	Space Exploration Technologies Corp	44,997	$7,688,187
CORO		195,545	$7,156,947
DNTH	Dianthus Therapeutics, Inc.	65,683	$6,402,778
JVAL	JPMorgan U.S. Value Factor ETF	102,761	$6,025,905
NUBD	Nuveen ESG U.S. Aggregate Bond ETF	236,677	$5,238,845
BAI	BlackRock ETF Trust	92,546	$4,879,025
U	Unity Software Inc.	163,696	$4,678,431
CBRS	Cerebras Systems Inc.	19,230	$4,249,830
ICHR	Ichor Holdings, Ltd.	32,456	$3,644,159
RVMD	Revolution Medicines, Inc.	17,436	$3,265,414
BLCR		64,456	$3,246,648
THRO		70,879	$3,055,593
EUSB	iShares ESG Advanced Universal USD Bond ETF	58,916	$2,559,900
IALT		81,342	$2,281,643
SLQD	iShares 0-5 Year Investment Grade Corporate Bond ETF	38,847	$1,956,723
LMUB	iShares Long-Term National Muni Bond ETF	37,917	$1,942,108
XTEN	BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF	41,358	$1,885,097
GGOV		37,208	$1,871,190
SIL	Global X Silver Miners ETF	22,330	$1,729,681
BSJV		64,159	$1,684,173
COLD	Americold Realty Trust	106,510	$1,674,337
SECU		32,697	$1,630,272
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ORKA	Oruka Therapeutics, Inc.	802,470	$39,361,153
LMBS	First Trust Low Duration Opportunities ETF	255,771	$12,739,953
—		212,055	$7,451,627
—		18,139	$3,226,391
—		42,454	$2,756,985
FTCB	First Trust Core Investment Grade ETF	107,605	$2,255,400
BBAI	BigBear.ai Holdings, Inc.	514,791	$1,812,064
—		22,187	$1,677,129
—		79,281	$1,496,032
—		29,515	$1,379,236
OLLI	Ollie's Bargain Outlet Holdings, Inc.	12,258	$1,128,226
LOAN	Manhattan Bridge Capital, Inc	219,801	$978,114
CUK	CARNIVAL PLC	30,914	$796,657
—		24,618	$582,216
—		6,764	$540,744
CALI		10,450	$526,993
—		4,057	$465,825
—		36,263	$452,562
—		8,801	$441,986
—		10,663	$428,970
HEDJ	WisdomTree Europe Hedged Equity Fund	8,166	$427,081
—		2,473	$425,603
—		27,632	$424,428
ANGL	VanEck Fallen Angel High Yield Bond ETF	14,543	$417,674
—		19,717	$411,897
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3,563 tracked positions · $80,904,237,353 total · filing declares 3,717 positions · $80,931,989,213 · as of Jun 30, 2026

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

Showing 1–50 of 3,563 positions by value · page 1 of 72

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AGG	iShares Core U.S. Aggregate Bond ETF	Added	44,994,014	+5,645,255	$4,453,507,505	+14.0%	26+	before history	5.50%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	50,651,293	+5,220,847	$3,946,242,237	+10.8%	26+	before history	4.88%
VOO	VANGUARD 500 INDEX FUND	Added	5,462,185	+203,244	$3,751,483,279	+19.4%	26+	before history	4.64%
DFAC	Dimensional U.S. Core Equity 2 ETF	Added	73,219,086	+2,926,765	$3,247,998,654	+18.9%	21	unpriced	4.01%
MTUM	iShares MSCI USA Momentum Factor ETF	Reduced	8,117,410	-271,464	$2,782,891,670	+38.2%	26+	before history	3.44%
VEA	Vanguard FTSE Developed Markets ETF	Added	36,559,773	+821,010	$2,604,883,826	+13.7%	26+	before history	3.22%
DFUV	Dimensional U.S. Marketwide Value ETF	Added	43,369,886	+1,032,854	$2,385,777,428	+16.3%	17	$38.55	2.95%
DUHP	Dimensional US High Profitability ETF	Added	51,655,115	+2,924,177	$2,155,567,948	+20.3%	16	$30.98	2.66%
AAPL	Apple Inc. PUT CALL + SHARES Technology	Added	7,044,251	+377,891	$2,022,554,932	+19.5%	4	$232.35	2.50%
BNDX	Vanguard Total International Bond ETF	Added	39,340,451	+3,058,915	$1,905,258,041	+9.3%	26+	before history	2.35%
DFIC	Dimensional International Core Equity 2 ETF	Added	41,492,937	+3,031,526	$1,546,026,832	+13.1%	15	$27.23	1.91%
NVDA	Nvidia Corp PUT CALL + SHARES Technology	Added	7,860,071	+686,550	$1,539,193,235	+23.0%	4	$178.01	1.90%
IMTM	iShares MSCI Intl Momentum Factor ETF	Added	25,849,053	+1,841,268	$1,378,529,996	+19.6%	26+	before history	1.70%
DFIV	Dimensional International Value ETF	Added	23,955,107	+1,693,468	$1,294,054,880	+10.1%	20	unpriced	1.60%
DIHP	Dimensional International High Profitability ETF	Added	35,612,854	+3,281,893	$1,215,288,642	+16.7%	16	$27.25	1.50%
AVSC	Avantis U.S. Small Cap Equity ETF	Added	15,209,879	+356,106	$1,115,492,525	+20.5%	7	$55.57	1.38%
MUB	iShares National Muni Bond ETF	Added	10,361,448	+1,003,774	$1,115,099,033	+12.3%	26+	before history	1.38%
SUB	iShares Short-Term National Muni Bond ETF	Added	10,432,746	+1,236,131	$1,110,774,466	+13.4%	26+	before history	1.37%
VB	Vanguard Index Funds	Added	3,420,614	+91,724	$1,036,856,515	+18.9%	26+	before history	1.28%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	16,554,553	-38,920	$988,141,268	+10.2%	26+	before history	1.22%
AVEM	Avantis Emerging Markets Equity ETF	Added	9,970,793	+81,427	$962,081,816	+20.7%	7	$63.73	1.19%
IVV	iShares Core S&P 500 ETF	Added	1,274,862	+502,199	$954,731,403	+89.2%	26+	before history	1.18%
MSFT	Microsoft Corp PUT CALL + SHARES Technology	Added	2,178,280	+159,324	$808,360,109	+8.2%	26+	before history	1.00%
AMZN	Amazon Com Inc PUT CALL + SHARES Consumer Cyclical	Added	2,450,326	+231,563	$582,684,012	+26.1%	7	$214.96	0.72%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Added	11,479,867	+647,491	$580,651,672	+7.4%	26+	before history	0.72%
GOOGL	Alphabet Inc. CALL + SHARES Communication Services	Added	1,608,650	+66,664	$574,883,250	+29.6%	26+	before history	0.71%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND PUT + SHARES	Reduced	1,539,700	-530,634	$569,531,810	−14.3%	4	unpriced	0.70%
GOOG	Alphabet Inc. PUT + SHARES Communication Services	Added	1,495,116	+84,052	$525,792,021	+29.9%	4	$235.79	0.65%
AVGO	Broadcom Inc. PUT CALL + SHARES Technology	Added	1,235,090	+52,738	$465,152,605	+27.1%	4	$315.92	0.57%
MU	Micron Technology Inc PUT CALL + SHARES Technology	Added	400,823	+2,172	$459,103,471	+240.9%	26+	before history	0.57%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	2,883,738	+177,083	$455,717,116	+13.7%	26+	before history	0.56%
		Added	1,833,274	+492,357	$451,370,391	+63.6%	26+	before history	0.56%
IEFA	iShares Core MSCI EAFE ETF	Reduced	4,450,490	-187,648	$429,828,324	+2.4%	26+	before history	0.53%
SPY	Spdr S&P 500 ETF Trust PUT CALL + SHARES	Added	561,825	+56,046	$411,907,822	+25.2%	4	$650.59	0.51%
DFCA	Dimensional California Municipal Bond ETF	Added	7,677,438	+650,418	$385,253,838	+10.0%	12	$49.96	0.48%
DFUS	Dimensional U.S. Equity Market ETF	Added	3,929,304	+535,143	$321,967,169	+33.8%	21	unpriced	0.40%
JPM	Jpmorgan Chase & Co PUT + SHARES Financial Services	Added	951,938	+114,613	$311,115,795	+26.3%	26+	before history	0.38%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL + SHARES	Added	411,743	+64,603	$301,515,729	+50.5%	7	$572.35	0.37%
META	Meta Platforms, Inc. PUT CALL + SHARES Communication Services	Added	536,488	+61,458	$300,205,613	+10.5%	4	$722.85	0.37%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	592,066	+27,995	$296,263,905	+9.6%	7	$471.38	0.37%
IWB	iShares Russell 1000 ETF	Reduced	721,484	-63,258	$295,447,698	+5.6%	26+	before history	0.37%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	9,672,309	-256,234	$284,656,053	+11.8%	26+	before history	0.35%
TSLA	Tesla, Inc. PUT + SHARES Consumer Cyclical	Added	653,533	+66,416	$273,383,394	+25.3%	26+	before history	0.34%
LRCX	Lam Research Corp PUT + SHARES Technology	Reduced	608,542	-28,702	$262,900,129	+93.1%	7	unpriced	0.32%
INTC	Intel Corp Technology	Reduced	1,830,116	-687,882	$255,539,097	+130.0%	4	$24.23	0.32%
QUAL	iShares MSCI USA Quality Factor ETF	Reduced	1,158,867	-2,542	$254,290,185	+14.1%	26+	before history	0.31%
AMD	Advanced Micro Devices Inc Technology	Added	426,204	+147,214	$247,586,165	+336.2%	4	$260.52	0.31%
SCHF	Schwab International Equity ETF	Reduced	8,707,217	-194,021	$241,189,910	+9.5%	26+	before history	0.30%
JNJ	Johnson & Johnson Healthcare	Added	931,576	+20,557	$236,592,356	+6.2%	26+	before history	0.29%
XOM	ExxonMobil Holdings Corp Energy	Added	1,702,297	+127,713	$232,738,045	−12.9%	4	$115.85	0.29%

Showing the top 50 of 3,563 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.