MERCER GLOBAL ADVISORS INC /ADV

CIK

853758

Location

DENVER, CO

Portfolio Value

Large $18,704,094,152

Diversification

Diversified

Filing Date

Global Rank

#284 / 8,603 ▲ 5 · as of Mar 2026

Top Industry

Semiconductors 12.2%

3Y Alpha vs SPY

-3.2%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+62.3%

SPY

+76.5%

Annualised alpha

-3.3%

Max drawdown

−19.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

2,342 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.0%

−0.6 pts

Top 5

24.6%

−1.5 pts

Top 10

32.5%

−2.2 pts

HHI

187

Diversified−19

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	34.1%	$6,378,542,039	359
Financial Services	13.1%	$2,454,624,232	458
Healthcare	9.4%	$1,751,479,672	295
Industrials	9.3%	$1,734,112,196	294
Consumer Cyclical	9.1%	$1,710,166,952	235
Communication Services	6.5%	$1,212,573,856	97
Consumer Defensive	5.0%	$941,768,527	106
Unclassified	4.0%	$742,914,847	31
Energy	3.2%	$598,787,137	126
Real Estate	2.2%	$404,542,374	165
Utilities	2.2%	$402,350,216	72
Basic Materials	2.0%	$372,232,104	104

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+1,183,028	7,173,521	$1,251,062,062
ONDS	Ondas Inc.	+1,052,045	2,564,625	$23,184,210
KTOS	Kratos Defense & Security Solutions, Inc.	+485,847	815,062	$57,470,021
ALIT	Alight, Inc. / Delaware	+354,940	382,309	$4,455,429
PCG	PG&E Corp	+310,015	1,087,404	$19,105,688
RYN	Rayonier Inc	+203,996	238,654	$4,921,045
AMPL	Amplitude, Inc.	+188,717	329,425	$2,246,678
AR	ANTERO RESOURCES Corp	+185,213	245,324	$10,411,550
VFC	V F Corp	+176,665	264,629	$4,496,046
AGNC	AGNC Investment Corp.	+169,127	253,471	$2,542,314
GOSS	Gossamer Bio, Inc.	+165,345	189,328	$62,288
PR	Permian Resources Corp	+161,433	356,527	$7,601,155
VZ	Verizon Communications Inc	+160,338	886,178	$44,486,135
FHI	Federated Hermes, Inc.	+159,974	168,944	$9,580,814
PATH	UiPath, Inc.	+145,581	183,911	$2,041,412
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income Fund	+144,337	163,929	$1,419,625
DVN	Devon Energy Corp/De	+140,932	299,451	$15,068,374
DOW	Dow Inc.	+138,929	207,469	$8,641,083
HPE	Hewlett Packard Enterprise Co	+138,482	444,142	$10,575,021
GTM	ZoomInfo Technologies Inc.	+133,158	181,957	$1,088,102
UBER	Uber Technologies, Inc	+130,914	374,180	$26,914,767
S	SentinelOne, Inc.	+130,051	243,072	$3,130,767
OWL	Blue Owl Capital Inc.	+129,069	192,209	$1,754,868
BMY	Bristol Myers Squibb Co	+127,574	588,491	$35,691,979
PHYS	Sprott Physical Gold Trust	+126,382	256,480	$9,089,651
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
REKR	Rekor Systems, Inc.	−1,700,650	1,700,700	$1,394,574
WRD	WeRide Inc.	−948,375	1,664,998	$13,469,833
BBAI	BigBear.ai Holdings, Inc.	−910,955	514,791	$1,812,064
EOG	Eog Resources Inc	−631,600	497,839	$71,972,584
SHEL	Shell plc	−569,988	177,351	$16,493,643
FLEX	Flex Ltd.	−435,416	100,814	$6,599,284
PLUG	Plug Power Inc	−423,771	651,294	$1,471,924
UNM	Unum Group	−397,392	142,752	$10,425,178
INTC	Intel Corp	−397,060	2,517,998	$111,119,251
PDI	PIMCO Dynamic Income Fund	−247,047	87,056	$1,489,528
RELY	Remitly Global, Inc.	−235,154	327,681	$5,134,761
IBIT	iShares Bitcoin Trust ETF	−232,332	71,902	$2,762,474
CLF	Cleveland-Cliffs Inc.	−232,092	511,259	$4,320,138
LYFT	Lyft, Inc.	−211,842	63,002	$837,926
DHI	Horton D R Inc /De/	−206,753	108,805	$14,930,222
FUBO	FuboTV Inc.	−203,358	15,431	$145,977
ADT	ADT Inc.	−181,551	350,882	$2,305,294
MPT	Medical Properties Trust Inc	−174,145	215,186	$996,311
GLD	Spdr Gold Trust	−138,110	175,770	$75,632,073
LOAN	Manhattan Bridge Capital, Inc	−137,177	219,801	$978,114
EVLV	Evolv Technologies Holdings, Inc.	−134,953	132,785	$803,349
MO	Altria Group, Inc.	−129,138	843,678	$55,674,311
AGL	agilon health, inc.	−113,540	11,418	$90,316
OBDC	Blue Owl Capital Corp	−112,141	143,598	$1,588,193
F	Ford Motor Co	−108,997	531,925	$6,138,414
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	76,396	$15,066,819
CAPR	Capricor Therapeutics, Inc.	402,999	$12,251,169
UL	Unilever PLC	130,749	$7,448,770
TTE	TotalEnergies SE	73,157	$6,655,823
ORMP	Oramed Pharmaceuticals Inc.	1,910,540	$6,495,836
PNFP	Pinnacle Financial Partners, Inc.	72,559	$6,250,232
BPRE	Bluerock Private Real Estate Fund	302,422	$5,023,229
KRMN	Karman Holdings Inc.	39,977	$3,200,158
Q	Qnity Electronics, Inc.	27,496	$3,172,488
VSNT	Versant Media Group, Inc.	53,602	$1,984,346
SOLS	Solstice Advanced Materials Inc.	23,929	$1,822,432
NAKA	Nakamoto Inc.	200,000	$1,768,000
FMC	Fmc Corp	85,415	$1,470,846
FSLY	Fastly, Inc.	45,572	$1,324,322
CCC	CCC Intelligent Solutions Holdings Inc.	188,250	$1,129,500
CRCL	Circle Internet Group, Inc.	11,187	$1,067,351
FSV	FirstService Corp	6,763	$939,651
WAY	Waystar Holding Corp.	38,097	$918,518
AMCR	Amcor plc	22,555	$896,561
FMBH	First Mid Bancshares, Inc.	21,293	$877,058
VICR	Vicor Corp	5,123	$824,803
PKE	Park Aerospace Corp	25,820	$706,951
CIGI	Colliers International Group Inc.	6,549	$700,022
LXP	LXP Industrial Trust	15,119	$699,404
IPAR	Interparfums Inc	6,903	$627,068
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	102,425	$10,402,283
IAUM	iShares Gold Trust Micro	43,465	$1,868,560
UMAC	Unusual Machines, Inc.	101,206	$1,289,364
EBC	Eastern Bankshares, Inc.	64,752	$1,193,379
STRT	Strattec Security Corp	14,154	$1,077,685
U	Unity Software Inc.	14,459	$638,654
AVBC	Avidia Bancorp, Inc.	34,824	$585,391
NGD	New Gold Inc. /FI	50,894	$443,286
TGNA	TEGNA INC	22,413	$435,036
XFLT	XAI Floating Rate & Alternative Income Trust	14,203	$340,872
FRA	Blackrock Floating Rate Income Strategies Fund, Inc.	27,817	$327,684
OTF	Blue Owl Technology Finance Corp.	22,129	$321,755
MMSI	Merit Medical Systems Inc	3,540	$312,015
GRAL	GRAIL, Inc.	3,541	$303,074
SCD	Lmp Capital & Income Fund Inc.	17,898	$265,069
ACAD	Acadia Pharmaceuticals Inc	9,620	$256,950
ARQT	Arcutis Biotherapeutics, Inc.	8,785	$255,116
HUBG	Hub Group, Inc.	5,850	$249,268
AZTA	Azenta, Inc.	7,259	$241,434
WOR	Worthington Enterprises, Inc.	4,657	$240,161
GAM	General American Investors Co Inc	4,072	$239,148
UP	Wheels Up Experience Inc.	18,221	$239,059
GIB	Cgi Inc	2,565	$236,749
WING	Wingstop Inc.	988	$235,628
PAR	Par Technology Corp	6,484	$235,239
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2,342 positions · $18,704,094,152 total · as of Mar 31, 2026

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

Showing 1–50 of 2,342 positions by value · page 1 of 47

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	6,666,360	+64,575	$1,691,855,504	−5.7%	9.05%
NVDA	Nvidia Corp Technology	Added	7,173,521	+1,183,028	$1,251,062,062	+12.0%	6.69%
MSFT	Microsoft Corp Technology	Added	2,018,956	+43,298	$747,356,942	−21.8%	4.00%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,218,763	+98,319	$462,101,770	−5.6%	2.47%
GOOGL	Alphabet Inc. Communication Services	Added	1,541,986	+9,180	$443,413,494	−7.6%	2.37%
AVGO	Broadcom Inc. Technology	Added	1,182,352	+62,805	$365,949,767	−5.6%	1.96%
SPY	Spdr S&P 500 ETF Trust	Reduced	505,779	-30,216	$328,928,314	−10.0%	1.76%
META	Meta Platforms, Inc. Communication Services	Added	475,030	+13,312	$271,778,913	−10.8%	1.45%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	564,071	+15,819	$270,302,823	−1.9%	1.45%
JPM	Jpmorgan Chase & Co Financial Services	Added	837,325	+76,368	$246,307,522	+0.5%	1.32%
WMT	Walmart Inc. Consumer Defensive	Added	1,876,855	+72,727	$233,255,539	+16.0%	1.25%
JNJ	Johnson & Johnson Healthcare	Added	911,019	+61,285	$222,689,484	+26.6%	1.19%
TSLA	Tesla, Inc. Consumer Cyclical	Added	587,117	+63,364	$218,260,744	−7.3%	1.17%
QQQ	Invesco Qqq Trust, Series 1	Reduced	347,140	-83,202	$200,362,265	−24.2%	1.07%
LLY	ELI LILLY & Co Healthcare	Added	175,063	+40,673	$161,017,695	+11.5%	0.86%
NFLX	Netflix Inc Communication Services	Reduced	1,614,850	-1,912	$155,267,827	+2.4%	0.83%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	150,708	+22,747	$150,169,972	+36.1%	0.80%
LRCX	Lam Research Corp Technology	Reduced	637,244	-9,931	$136,153,553	+22.9%	0.73%
MU	Micron Technology Inc Technology	Added	398,651	+53,273	$134,680,253	+36.6%	0.72%
CVX	Chevron Corp Energy	Reduced	647,038	-39,301	$133,872,162	+28.0%	0.72%
HD	Home Depot, Inc. Consumer Cyclical	Added	380,093	+124	$125,008,786	−4.4%	0.67%
CSCO	Cisco Systems, Inc. Technology	Reduced	1,509,344	-74,002	$117,110,000	−4.0%	0.63%
INTC	Intel Corp Technology	Reduced	2,517,998	-397,060	$111,119,251	+3.3%	0.59%
CAT	Caterpillar Inc Industrials	Added	156,746	+211	$111,048,271	+23.8%	0.59%
RJF	Raymond James Financial Inc Financial Services	Reduced	731,819	-60,334	$105,960,073	−16.7%	0.57%
ABBV	AbbVie Inc. Healthcare	Added	472,644	+42,013	$102,795,343	+4.5%	0.55%
V	Visa Inc. Financial Services	Added	329,387	+1,758	$99,553,926	−13.4%	0.53%
APH	Amphenol Corp /De/ Technology	Reduced	769,693	-96,620	$97,250,710	−16.9%	0.52%
AMAT	Applied Materials Inc /De Technology	Added	278,364	+10,385	$95,142,031	+38.2%	0.51%
MRK	Merck & Co., Inc. Healthcare	Added	785,937	+10,727	$94,540,361	+15.9%	0.51%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	638,639	+17,378	$92,245,017	+3.6%	0.49%
QCOM	Qualcomm Inc/De Technology	Reduced	606,464	-56,393	$78,100,433	−31.1%	0.42%
ORCL	Oracle Corp Technology	Added	523,694	+2,201	$77,040,624	−24.2%	0.41%
GLD	Spdr Gold Trust	Reduced	175,770	-138,110	$75,632,073	−39.2%	0.40%
C	Citigroup Inc Financial Services	Added	657,994	+40,194	$74,623,099	+3.5%	0.40%
EOG	Eog Resources Inc Energy	Reduced	497,839	-631,600	$71,972,584	−39.3%	0.38%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	443,784	+48,339	$70,872,304	+16.7%	0.38%
APGE	Apogee Therapeutics, Inc. Healthcare	Reduced	831,428	-59,237	$69,981,294	+4.1%	0.37%
IBM	International Business Machines Corp Technology	Added	287,639	+20,910	$69,720,817	−11.8%	0.37%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	146,637	-7,847	$69,394,493	−3.8%	0.37%
WFC	Wells Fargo & Company/Mn Financial Services	Added	853,010	+49,329	$67,908,126	−9.3%	0.36%
BNY	Bank of New York Mellon Corp Financial Services	Added	560,582	+42,559	$66,501,842	+10.6%	0.36%
PEP	Pepsico Inc Consumer Defensive	Added	420,299	+10,290	$65,268,231	+10.9%	0.35%
GE	General Electric Co Industrials	Added	228,206	+21,980	$64,758,016	+1.9%	0.35%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	1,307,577	-98,070	$63,744,378	−17.5%	0.34%
RTX	RTX Corp Industrials	Added	320,176	+20,267	$61,761,950	+12.3%	0.33%
FDX	Fedex Corp Industrials	Reduced	211,784	-95,712	$60,784,231	−15.1%	0.32%
SPOT	Spotify Technology S.A. Communication Services	Added	124,162	+2,833	$60,207,395	−14.5%	0.32%
IAU	Ishares Gold Trust	Reduced	682,470	-96,687	$60,166,555	−4.9%	0.32%
T	At&T Inc. Communication Services	Reduced	2,038,654	-59,608	$59,100,579	+13.4%	0.32%