MERITAGE PORTFOLIO MANAGEMENT

CIK

881432

Location

OVERLAND PARK, KS

Portfolio Value

Mid $1,413,244,776

Diversification

Diversified

Filing Date

Global Rank

#1,724 / 8,834 ▼ 55 · as of Dec 2025

Top Industry

Semiconductors 10.0%

Period ended 9 months ago

Filed Jan 27, 2026 · 8mo

24 quarters · since Mar 2020

Clone Performance

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

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Portfolio Concentration

277 tracked positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

6.4%

+0.3 pts

Top 5

26.2%

+1.1 pts

Top 10

34.7%

+1.0 pts

HHI

195

Diversified+13

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Technology	32.1%	$453,717,850	43
Financial Services	13.8%	$194,565,187	52
Consumer Cyclical	10.7%	$151,846,089	24
Communication Services	10.1%	$142,920,040	13
Healthcare	7.1%	$100,298,262	27
Unclassified	6.1%	$86,032,837	30
Industrials	4.8%	$68,014,550	28
Energy	4.3%	$60,961,315	13
Real Estate	3.8%	$53,839,810	14
Consumer Defensive	3.3%	$46,529,610	12
Utilities	3.1%	$44,457,186	17
Basic Materials	0.7%	$10,062,040	4

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NOMD	Nomad Foods Ltd	+102,674	445,889	$5,578,071
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	+88,046	180,774	$7,717,242
BMY	Bristol Myers Squibb Co	+84,761	91,145	$4,916,361
PAGP	Plains Gp Holdings LP	+84,042	314,420	$6,017,998
ORLY	O Reilly Automotive Inc	+68,910	146,040	$13,320,308
OSPN	OneSpan Inc.	+59,405	207,736	$2,667,330
SGMOQ	Sangamo Therapeutics, Inc	+50,000	227,000	$95,340
QFIN	Qfin Holdings, Inc.	+42,136	118,969	$2,292,532
EOG	Eog Resources Inc	+34,790	98,339	$10,326,578
GTY	Getty Realty Corp /Md/	+33,675	141,628	$3,876,358
SLB	Slb Limited/Nv	+33,549	107,157	$4,112,685
NNN	Nnn REIT, Inc.	+31,234	109,186	$4,327,041
GIC	GLOBAL INDUSTRIAL Co	+27,623	107,047	$3,127,913
OTEX	Open Text Corp	+22,755	154,162	$5,022,597
NHI	National Health Investors Inc	+20,172	62,512	$4,774,041
MGY	Magnolia Oil & Gas Corp	+19,718	58,956	$1,290,546
HON	Honeywell International Inc	+16,862	19,097	$3,725,633
FNDA	Schwab Fundamental U.S. Small Company ETF	+16,403	432,294	$11,010,659
ADP	Automatic Data Processing Inc	+12,055	13,875	$3,569,066
PLD	Prologis, Inc.	+8,747	27,889	$3,560,309
ITUB	Itau Unibanco Holding S.A.	+6,884	330,447	$2,366,000
CARG	CarGurus, Inc.	+5,399	150,614	$5,776,046
LMT	Lockheed Martin Corp	+5,046	5,577	$2,697,427
ABI	VictoryShares Pioneer Asset-Based Income ETF	+3,751	11,428	$1,319,867
BN	BROOKFIELD Corp /ON/	+3,163	13,780	$632,364
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
LXP	LXP Industrial Trust	−446,195	110,105	$5,459,005
T	At&T Inc.	−201,443	19,891	$494,092
WF	Woori Financial Group Inc.	−87,561	6,651	$391,012
VZ	Verizon Communications Inc	−72,168	7,190	$292,848
FTNT	Fortinet, Inc.	−44,303	94,455	$7,500,671
BKH	Black Hills Corp /Sd/	−42,686	41,683	$2,893,633
EVRG	Evergy, Inc.	−37,027	4,321	$313,229
SLV	iShares Silver Trust	−35,924	9,470	$610,057
ANET	Arista Networks, Inc.	−32,205	65,524	$8,585,609
CBSH	Commerce Bancshares Inc /Mo/	−23,969	15,065	$788,502
FHN	First Horizon Corp	−19,206	423,143	$10,113,117
LOW	Lowes Companies Inc	−15,537	913	$220,179
FNB	Fnb Corp/Pa/	−14,634	345,478	$5,907,673
AAXJ	iShares MSCI All Country Asia ex Japan ETF	−14,200	406,394	$0
EPRT	Essential Properties Realty Trust, Inc.	−11,090	199,338	$5,912,365
PYPL	PayPal Holdings, Inc.	−8,830	158,015	$9,224,915
ADEA	Adeia Inc.	−8,113	75,369	$1,300,115
CTRE	CareTrust REIT, Inc.	−7,416	164,064	$5,932,554
ETSY	Etsy Inc	−7,164	225,283	$12,489,689
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	−6,714	315,015	$23,073,165
EXEL	Exelixis, Inc.	−6,147	289,279	$12,679,098
AAPL	Apple Inc.	−6,121	328,546	$89,318,515
GOOGL	Alphabet Inc.	−5,991	288,935	$90,441,303
NVDA	Nvidia Corp	−5,575	293,708	$54,776,542
AVGO	Broadcom Inc.	−5,541	195,333	$67,604,751
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
MCO	Moodys Corp /De/	19,679	$10,053,017
VMI	Valmont Industries Inc	12,977	$5,220,906
PR	Permian Resources Corp	347,924	$4,881,373
DUK	Duke Energy CORP	34,277	$4,017,607
TRP	Tc Energy Corp	59,964	$3,298,619
DTE	Dte Energy Co	21,640	$2,791,127
LRCX	Lam Research Corp	1,410	$241,363
SGOL	abrdn Gold ETF Trust	5,280	$216,902
MRK	Merck & Co., Inc.	2,003	$210,835
BNDC	FlexShares Core Select Bond Fund	6,750	$205,200
STLD	Steel Dynamics Inc	1,206	$204,356
RTX	RTX Corp	1,101	$201,923
UVIX	VS Trust	14,192	$81,036
—		7,961	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
EEFT	Euronet Worldwide, Inc.	124,343	$10,918,558
EMN	Eastman Chemical Co	75,987	$4,790,980
EG	Everest Group, Ltd.	10,832	$3,793,691
KMB	Kimberly Clark Corp	29,976	$3,727,215
SU	Suncor Energy Inc	88,374	$3,694,916
OMC	Omnicom Group Inc.	43,449	$3,542,396
SR	Spire Inc	40,079	$3,267,240
HTO	H2o America	44,993	$2,191,159
REZI	Resideo Technologies, Inc.	13,971	$603,267
SKY	Champion Homes, Inc.	3,982	$304,105
MELI	Mercadolibre Inc	121	$282,769
FCPT	Four Corners Property Trust, Inc.	11,251	$274,524
KFY	Korn Ferry	3,674	$257,106
NFLX	Netflix Inc	202	$242,181
DHR	Danaher Corp /De/	1,189	$235,731
HBNC	Horizon Bancorp Inc /In/	14,490	$231,984
PFE	Pfizer Inc	8,975	$228,683
CHTR	Charter Communications, Inc. /Mo/	818	$225,039
NVO	Novo Nordisk A S	3,819	$211,916
SM	SM Energy Co	8,377	$209,173
EXC	Exelon Corp	4,583	$206,280
BLK	BlackRock, Inc.	176	$205,193
UTL	Unitil Corp	4,236	$202,734
INMD	InMode Ltd.	10,798	$160,890
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

277 tracked positions · $1,413,244,776 total · filing declares 323 positions · $1,506,772,272 · as of Dec 31, 2025

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

Showing 1–50 of 277 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	288,935	-5,991	$90,441,303	+26.1%	6.40%
AAPL	Apple Inc. Technology	Reduced	328,546	-6,121	$89,318,515	+4.8%	6.32%
MSFT	Microsoft Corp Technology	Reduced	141,424	-2,732	$68,395,474	−8.4%	4.84%
AVGO	Broadcom Inc. Technology	Reduced	195,333	-5,541	$67,604,751	+2.0%	4.78%
NVDA	Nvidia Corp Technology	Reduced	293,708	-5,575	$54,776,542	−1.9%	3.88%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	146,937	-2,797	$33,915,998	+3.2%	2.40%
HSBC	Hsbc Holdings PLC Financial Services	Reduced	295,700	-3,809	$23,262,719	+9.4%	1.65%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	Reduced	315,015	-6,714	$23,073,165	+0.1%	1.63%
KLAC	Kla Corp Technology	Reduced	17,142	-367	$20,828,901	+10.3%	1.47%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	131,873	-3,611	$19,329,944	−20.2%	1.37%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	3,308	-67	$17,715,431	−2.8%	1.25%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	52,137	-1,687	$16,799,584	−1.0%	1.19%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Reduced	20,580	-361	$15,885,084	+34.9%	1.12%
ASML	Asml Holding NV Technology	Reduced	14,638	-275	$15,660,610	+8.5%	1.11%
META	Meta Platforms, Inc. Communication Services	Reduced	23,639	-401	$15,603,867	−11.6%	1.10%
JNJ	Johnson & Johnson Healthcare	Reduced	74,789	-1,967	$15,477,583	+8.8%	1.10%
MA	Mastercard Inc Financial Services	Reduced	27,037	-565	$15,434,882	−1.7%	1.09%
CTSH	Cognizant Technology Solutions Corp Technology	Reduced	185,849	-3,571	$15,425,467	+21.4%	1.09%
BIDU	Baidu, Inc. Communication Services	Reduced	117,856	-2,347	$15,399,064	−2.8%	1.09%
AME	Ametek Inc/ Industrials	Reduced	66,604	-1,345	$13,674,467	+7.0%	0.97%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	146,040	+68,910	$13,320,308	+60.2%	0.94%
WSM	Williams Sonoma Inc Consumer Cyclical	Reduced	73,323	-1,660	$13,094,754	−10.6%	0.93%
VB	Vanguard Morningstar Small-Cap ETF	Reduced	44,999	-620	$12,876,918	+0.7%	0.91%
EXEL	Exelixis, Inc. Healthcare	Reduced	289,279	-6,147	$12,679,098	+3.9%	0.90%
ETSY	Etsy Inc Consumer Cyclical	Reduced	225,283	-7,164	$12,489,689	−19.1%	0.88%
GS	Goldman Sachs Group Inc Financial Services	Reduced	13,356	-446	$11,739,924	+6.8%	0.83%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	25,438	-502	$11,532,571	+13.5%	0.82%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	18,947	+718	$11,032,304	+3.4%	0.78%
FNDA	Schwab Fundamental U.S. Small Company ETF	Added	432,294	+16,403	$11,010,659	+4.4%	0.78%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	116,616	-3,976	$10,868,611	+7.5%	0.77%
TWLO	Twilio Inc Technology	Reduced	75,081	-1,237	$10,679,521	+39.8%	0.76%
LNG	Cheniere Energy, Inc. Energy	Reduced	54,717	-1,267	$10,636,437	−19.1%	0.75%
EOG	Eog Resources Inc Energy	Added	98,339	+34,790	$10,326,578	+44.9%	0.73%
FHN	First Horizon Corp Financial Services	Reduced	423,143	-19,206	$10,113,117	+1.1%	0.72%
MCO	Moodys Corp /De/ Financial Services	NEW	19,679	NEW	$10,053,017	NEW	0.71%
AYI	Acuity Inc. (De) Industrials	Reduced	25,733	-849	$9,264,909	+1.2%	0.66%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	158,015	-8,830	$9,224,915	−17.6%	0.65%
CDNS	Cadence Design Systems Inc Technology	Reduced	28,964	-569	$9,053,567	−12.7%	0.64%
ETR	Entergy Corp /De/ Utilities	Reduced	96,528	-3,334	$8,922,083	−4.1%	0.63%
ABBV	AbbVie Inc. Healthcare	Reduced	37,798	-1,074	$8,636,465	−4.0%	0.61%
ANET	Arista Networks, Inc. Technology	Reduced	65,524	-32,205	$8,585,609	−39.7%	0.61%
EBAY	Ebay Inc Consumer Cyclical	Reduced	95,973	-3,261	$8,359,248	−7.4%	0.59%
IBM	International Business Machines Corp Technology	Reduced	27,262	-863	$8,075,277	+1.8%	0.57%
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	Added	180,774	+88,046	$7,717,242	—	0.55%
FTNT	Fortinet, Inc. Technology	Reduced	94,455	-44,303	$7,500,671	−35.7%	0.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	51,376	-2,037	$7,362,694	−10.3%	0.52%
ADSK	Autodesk, Inc. Technology	Reduced	23,747	-548	$7,029,349	−8.9%	0.50%
QCOM	Qualcomm Inc/De Technology	Reduced	40,938	-1,101	$7,002,444	+0.1%	0.50%
RS	Reliance, Inc. Basic Materials	Reduced	24,207	-869	$6,992,676	−0.7%	0.49%
ADBE	Adobe Inc. Technology	Reduced	19,975	-359	$6,991,050	−2.5%	0.49%

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.