Latest Merit Financial Group, LLC Stock Portfolio

Merit Financial Group, LLC Performance:

2025 Q3: 2.76%YTD: 4.96%2024: 5.89%

Performance for 2025 Q3 is 2.76%, and YTD is 4.96%, and 2024 is 5.89%.

About Merit Financial Group, LLC and 13F Hedge Fund Stock Holdings

Merit Financial Group, LLC is a hedge fund based in ALPHARETTA, GA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $5.5 Billions. In it's latest 13F Holdings report, Merit Financial Group, LLC reported an equity portfolio of $10.9 Billions as of 30 Sep, 2025.

The top stock holdings of Merit Financial Group, LLC are VB, , IJR. The fund has invested 3.6% of it's portfolio in VANGUARD INDEX FDS and 2.3% of portfolio in 2023 ETF SERIES TRUST II.

The fund managers got completely rid off NEW MTN FIN CORP (NMFC), PENNS WOODS BANCORP INC (PWOD) and INNOVATOR ETFS TRUST (BAPR) stocks. They significantly reduced their stock positions in SPDR SERIES TRUST (BIL), ISHARES TR (AAXJ) and TRUST FOR PROFESSIONAL MANAG (CLSE). Merit Financial Group, LLC opened new stock positions in VICTORY PORTFOLIOS II (MDCP), CAPITAL GROUP INTERNATIONAL and FIDELITY COVINGTON TRUST (FBCG). The fund showed a lot of confidence in some stocks as they added substantially to CAPITAL GRP FIXED INCM ETF T (CGCP), VICTORY PORTFOLIOS II (CDC) and CAPITAL GROUP EQUITY ETF TR.

Merit Financial Group, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Merit Financial Group, LLC made a return of 2.76% in the last quarter. In trailing 12 months, it's portfolio return was 5.47%.

New Buys

Ticker	$ Bought
victory portfolios ii	120,658,000
capital group international	33,358,300
fidelity covington trust	27,667,700
capital grp fixed incm etf t	26,965,400
neos etf trust	26,697,100
capital group international	24,378,700
neos etf trust	21,418,000
j p morgan exchange traded f	19,435,300

New stocks bought by Merit Financial Group, LLC

Additions

Ticker	% Inc.
capital grp fixed incm etf t	8,823
victory portfolios ii	5,778
capital group equity etf tr	3,215
capital group new geography	1,633
capital group core equity et	1,624
capital grp fixed incm etf t	1,580
capital grp fixed incm etf t	1,078
spdr index shs fds	911

Additions to existing portfolio by Merit Financial Group, LLC

Reductions

Ticker	% Reduced
spdr series trust	-91.56
ishares tr	-85.39
vanguard scottsdale fds	-84.34
pimco etf tr	-82.22
ishares tr	-71.89
ishares tr	-56.22
ishares inc	-49.35
invesco exchange traded fd t	-39.8

Merit Financial Group, LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by Merit Financial Group, LLC

Sector Distribution

Merit Financial Group, LLC has about 69.9% of it's holdings in Others sector.

Sector	%
Others	69.9
Technology	8.9
Industrials	3.7
Financial Services	3.7
Healthcare	2.9
Consumer Cyclical	2.9
Communication Services	2.4
Consumer Defensive	2
Utilities	1.6
Energy	1.1

Market Cap. Distribution

Merit Financial Group, LLC has about 26.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	69.9
LARGE-CAP	13.7
MEGA-CAP	12.9
MID-CAP	1.8
SMALL-CAP	1.4

Stocks belong to which Index?

About 27.2% of the stocks held by Merit Financial Group, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	72.8
S&P 500	24.9
RUSSELL 2000	2.3

Top 5 Winners (%)		%
CDE	coeur mng inc	111.7 %
HL	hecla mng co	102.0 %
APP	applovin corp	100.1 %
SSRM	ssr mining in	91.7 %
RMBS	rambus inc del	62.8 %

Top 5 Winners ($)		$
AAPL	apple inc	36.4 M
IJR	ishares tr	21.6 M
NVDA	nvidia corporation	20.1 M
GOOG	alphabet inc	17.5 M
IJR	ishares tr	12.3 M

Top 5 Losers (%)		%
ALIT	alight inc	-42.4 %
FDS	factset resh sys inc	-36.0 %
ALGN	align technology inc	-33.9 %
SFM	sprouts fmrs mkt inc	-33.8 %
KMX	carmax inc	-33.2 %

Top 5 Losers ($)		$
UPS	united parcel service inc	-15.0 M
FTNT	fortinet inc	-3.4 M
SFM	sprouts fmrs mkt inc	-3.3 M
PM	philip morris intl inc	-2.8 M
NFLX	netflix inc	-2.3 M

Merit Financial Group, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Merit Financial Group, LLC

Merit Financial Group, LLC has 1773 stocks in it's portfolio. About 20.4% of the portfolio is in top 10 stocks. UPS proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Merit Financial Group, LLC last quarter.

Last Reported on: 07 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.83	781,670	199,037,000	added	6.22

AAXJ	ishares tr	1.42	2,286,230	155,075,000	added	33.64

AAXJ	ishares tr	1.03	1,184,090	112,666,000	added	3.9

AAXJ	ishares tr	0.59	1,235,500	64,518,000	added	2.73

AAXJ	ishares tr	0.23	381,609	24,808,400	reduced	-85.39

AAXJ	ishares tr	0.19	193,622	20,618,900	reduced	-1.42

AAXJ	ishares tr	0.16	155,659	17,726,400	reduced	-71.89

AAXJ	ishares tr	0.15	149,926	16,009,100	added	8.74

AAXJ	ishares tr	0.09	44,398	9,290,610	added	49.52

AAXJ	ishares tr	0.06	84,297	6,844,100	added	29.95

AAXJ	ishares tr	0.04	89,088	4,400,040	added	44.37

AAXJ	ishares tr	0.04	49,535	4,098,000	added	2.67

AAXJ	ishares tr	0.04	39,455	4,063,480	added	11.52

AAXJ	ishares tr	0.04	41,724	3,971,700	reduced	-4.45

ABBV	abbvie inc	0.17	82,042	18,996,000	added	3.09

ABC	cencora inc	0.04	12,715	3,973,820	reduced	-3.24

ABT	abbott labs	0.10	81,263	10,884,500	added	32.72

ACIO	etf ser solutions	0.04	66,233	3,838,890	reduced	-5.73

ACN	accenture plc ireland	0.05	22,401	5,524,160	added	25.5

ACSG	dbx etf tr	0.03	71,937	3,339,330	reduced	-0.24