Latest MERITAGE PORTFOLIO MANAGEMENT Stock Portfolio

MERITAGE PORTFOLIO MANAGEMENT Performance:

2025 Q4: 2.09%YTD: 10.9%2024: 13.28%

Performance for 2025 Q4 is 2.09%, and YTD is 10.9%, and 2024 is 13.28%.

About MERITAGE PORTFOLIO MANAGEMENT and 13F Hedge Fund Stock Holdings

MERITAGE PORTFOLIO MANAGEMENT is a hedge fund based in OVERLAND PARK, KS. On 15-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.9 Billions. In it's latest 13F Holdings report, MERITAGE PORTFOLIO MANAGEMENT reported an equity portfolio of $1.5 Billions as of 31 Dec, 2025.

The top stock holdings of MERITAGE PORTFOLIO MANAGEMENT are AAPL, GOOG, MSFT. The fund has invested 5.9% of it's portfolio in APPLE INC and 5.9% of portfolio in ALPHABET INC CL A.

The fund managers got completely rid off EURONET WORLDWIDE INC (EEFT), LEXINGTON INDUSTRIAL TRUST (LXP) and EASTMAN CHEMICAL COMPANY (EMN) stocks. They significantly reduced their stock positions in LOWES COMPANIES (LOW), WOORI FINANCIAL GROUP (WF) and AT & T INC (T). MERITAGE PORTFOLIO MANAGEMENT opened new stock positions in MOODYS CORP (MCO), LXP INDUSTRIAL TRUST (LXP) and VALMONT INDUSTRIES INC. (VMI). The fund showed a lot of confidence in some stocks as they added substantially to BRISTOL-MYERS SQUIBB (BMY), LOCKHEED MARTIN CORP (LMT) and HONEYWELL INTL INC (HON).

MERITAGE PORTFOLIO MANAGEMENT Annual Return Estimates Vs S&P 500

Our best estimate is that MERITAGE PORTFOLIO MANAGEMENT made a return of 2.09% in the last quarter. In trailing 12 months, it's portfolio return was 10.9%.

Performance
S&P 500

New Buys

Ticker	$ Bought
moodys corp	10,053,000
lxp industrial trust	5,459,010
valmont industries inc.	5,220,910
permian resources corp	4,881,370
roche hldg ltd sponsored adr	4,372,310
duke energy corp	4,017,610
tc energy corp	3,298,620
dte energy co	2,791,130

New stocks bought by MERITAGE PORTFOLIO MANAGEMENT

Additions

Ticker	% Inc.
bristol-myers squibb	1,327
lockheed martin corp	950
honeywell intl inc	754
automatic data processing	662
consolidated biofuels inc	225
invesco s&p 500 equal weight	223
utilities select sector spdr	94.95
o'reilly automotive inc	89.34

Additions to existing portfolio by MERITAGE PORTFOLIO MANAGEMENT

Reductions

Ticker	% Reduced
lowes companies	-94.45
woori financial group	-92.94
at & t inc	-91.01
verizon communications	-90.94
evergy inc	-89.55
ishares silver trust	-79.14
commerce bancshares	-61.41
ishares russell 2000 value	-55.12

MERITAGE PORTFOLIO MANAGEMENT reduced stake in above stock

Sold off

Ticker	$ Sold
euronet worldwide inc	-10,918,600
lexington industrial trust	-4,984,450
suncor energy inc	-3,694,920
eastman chemical company	-4,790,980
h20 america	-2,191,160
omnicom	-3,542,400
spire inc	-3,267,240
kimberly clark corp	-3,727,220

MERITAGE PORTFOLIO MANAGEMENT got rid off the above stocks

Sector Distribution

MERITAGE PORTFOLIO MANAGEMENT has about 27.1% of it's holdings in Technology sector.

Sector	%
Technology	27.1
Others	23
Financial Services	9.8
Consumer Cyclical	8.6
Communication Services	7.9
Healthcare	6.6
Industrials	4.9
Real Estate	3.6
Energy	3.2
Utilities	2.6
Consumer Defensive	2.1

Market Cap. Distribution

MERITAGE PORTFOLIO MANAGEMENT has about 62.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	34.5
LARGE-CAP	27.9
UNALLOCATED	23
MID-CAP	12.7
SMALL-CAP	1.9

Stocks belong to which Index?

About 67.6% of the stocks held by MERITAGE PORTFOLIO MANAGEMENT either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	60.7
Others	32.4
RUSSELL 2000	6.9

Top 5 Winners (%)		%
	calcimedica inc	114.3 %
AGQ	proshares ultra silver	99.4 %
TWLO	twilio	41.8 %
LLY	eli lilly & co	40.7 %
REGN	regeneron pharmaceuticals	37.0 %

Top 5 Winners ($)		$
GOOG	alphabet inc cl a	20.0 M
AAPL	apple inc	5.7 M
REGN	regeneron pharmaceuticals	4.4 M
AVGO	broadcom ltd	3.2 M
TWLO	twilio	3.2 M

Top 5 Losers (%)		%
	e'prime aerospace corporation	-100.0 %
	myfreightworld technologies	-100.0 %
CORT	corcept therapeutics inc	-55.0 %
XLB	utilities select sector spdr	-44.1 %
	fiserv inc	-39.6 %

Top 5 Losers ($)		$
XLB	utilities select sector spdr	-6.1 M
MSFT	microsoft corp	-4.9 M
BABA	alibaba group holding ltd adr	-4.3 M
ETSY	etsy inc.	-2.5 M
LNG	cheniere energy inc	-2.2 M

MERITAGE PORTFOLIO MANAGEMENT Holdings Map

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

Current Stock Holdings of MERITAGE PORTFOLIO MANAGEMENT

MERITAGE PORTFOLIO MANAGEMENT has 322 stocks in it's portfolio. About 32.1% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for MERITAGE PORTFOLIO MANAGEMENT last quarter.

Last Reported on: 27 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.93	328,546	89,318,600	reduced	-1.83

AAXJ	ishares short-term corporate b	0.61	174,405	9,222,540	added	2.79

AAXJ	ishares barclays int govt/cred	0.33	46,408	4,981,900	added	0.46

AAXJ	ishares int-term corp bond etf	0.25	70,924	3,821,380	added	2.32

AAXJ	ishares s&p short term nationa	0.22	30,465	3,250,620	reduced	-6.57

AAXJ	ishares national amt-free muni	0.09	13,065	1,399,390	reduced	-4.4

AAXJ	ishares international select d	0.03	12,923	509,812	added	4.64

ABBV	abbvie inc	0.57	37,798	8,636,440	reduced	-2.76

ABC	cencora inc	0.05	2,134	720,759	unchanged	0.00

ABT	abbott laboratories	0.04	4,950	620,161	added	0.08

ACGL	arch capital group	0.28	44,215	4,241,100	reduced	-2.84

ACIW	aci worldwide inc	0.04	12,010	574,198	reduced	-8.61

ADBE	adobe inc	0.46	19,975	6,991,050	reduced	-1.77

ADP	automatic data processing	0.24	13,875	3,569,070	added	662

ADSK	autodesk inc	0.47	23,747	7,029,350	reduced	-2.26

AEP	american electric power	0.02	2,656	306,263	reduced	-8.29

AFL	aflac inc	0.43	58,897	6,494,570	reduced	-2.86

AGQ	proshares ultra silver	0.03	2,950	457,604	reduced	-7.93

AGX	argan inc	0.07	3,252	1,018,920	reduced	-10.07

AIT	applied industrial technologie	0.04	2,252	578,246	reduced	-18.08