Latest MERITAGE PORTFOLIO MANAGEMENT Stock Portfolio

MERITAGE PORTFOLIO MANAGEMENT Performance:

2025 Q3: 7.47%YTD: 10.51%2024: 14.86%

Performance for 2025 Q3 is 7.47%, and YTD is 10.51%, and 2024 is 14.86%.

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 30 Sep, 2025.

The top stock holdings of MERITAGE PORTFOLIO MANAGEMENT are AAPL, MSFT, GOOG. The fund has invested 5.7% of it's portfolio in APPLE INC and 5% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off JAZZ PHARMACEUTICALS PLC (JAZZ), SEABOARD CORP (SEB) and ROGERS COMMUNICATIONS CL B ADR stocks. They significantly reduced their stock positions in NOVO-NORDISK A S ADR, SCHWAB US LARGE-CAP GROWTH ETF (FNDA) and BROADSTONE NET LEASE INC (BNL). MERITAGE PORTFOLIO MANAGEMENT opened new stock positions in COGNIZANT TECH SOLUTIONS CL A (CTSH), TWILIO (TWLO) and CARGURUS INC (CARG). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD ESG US STOCK ETF (EDV), PAYCHEX INC (PAYX) and REGENERON PHARMACEUTICALS (REGN).

MERITAGE PORTFOLIO MANAGEMENT Annual Return Estimates Vs S&P 500

Our best estimate is that MERITAGE PORTFOLIO MANAGEMENT made a return of 7.47% in the last quarter. In trailing 12 months, it's portfolio return was 13.72%.

New Buys

Ticker	$ Bought
cognizant tech solutions cl a	12,704,400
twilio	7,638,670
cargurus inc	5,406,350
aptiv plc	5,253,210
magna intl cl a	3,550,660
lear corporation	3,267,810
portland general electric co	3,086,560
citizens financial group inc	3,084,130

New stocks bought by MERITAGE PORTFOLIO MANAGEMENT

Additions

Ticker	% Inc.
vanguard esg us stock etf	190
paychex inc	100
regeneron pharmaceuticals	82.81
eastman chemical company	60.05
invesco s&p 500 high div low v	48.71
lexington industrial trust	48.07
vanguard esg us corp bond etf	44.84
sangamo biosciences inc	39.37

Additions to existing portfolio by MERITAGE PORTFOLIO MANAGEMENT

Reductions

Ticker	% Reduced
novo-nordisk a s adr	-97.5
schwab us large-cap growth etf	-97.39
broadstone net lease inc	-95.54
old republic intl	-92.36
ishares international select d	-90.05
wpp plc	-87.87
wisconsin energy corp	-84.8
kontoor brands inc	-83.67

MERITAGE PORTFOLIO MANAGEMENT reduced stake in above stock

Sold off

Ticker	$ Sold
conagra foods inc	-3,268,000
rogers communications cl b adr	-4,719,350
tinybeans group pty ltd	-2,500
jazz pharmaceuticals plc	-6,475,440
tegna inc	-432,425
radian group inc	-742,336
grid battery metals inc	-650
progress software corp	-976,880

MERITAGE PORTFOLIO MANAGEMENT got rid off the above stocks

Sector Distribution

MERITAGE PORTFOLIO MANAGEMENT has about 28.6% of it's holdings in Technology sector.

Sector	%
Technology	28.6
Others	23.5
Financial Services	9.4
Consumer Cyclical	8.9
Communication Services	7.5
Healthcare	5.9
Industrials	4
Real Estate	3.3
Utilities	2.9
Energy	2.6
Consumer Defensive	2.5

Market Cap. Distribution

MERITAGE PORTFOLIO MANAGEMENT has about 60.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	33.7
LARGE-CAP	27
UNALLOCATED	23.4
MID-CAP	14.1
SMALL-CAP	1.8

Stocks belong to which Index?

About 66.7% of the stocks held by MERITAGE PORTFOLIO MANAGEMENT either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	59.4
Others	33.2
RUSSELL 2000	7.3

Top 5 Winners (%)		%
REZI	resideo technologies inc	95.7 %
RMBS	rambus inc	62.8 %
GLW	corning inc	56.0 %
FIX	comfort systems usa inc	53.9 %
SUPN	supernus pharmaceuticals inc	51.6 %

Top 5 Winners ($)		$
GOOG	alphabet inc cl a	23.9 M
AAPL	apple inc	20.2 M
AVGO	broadcom ltd	13.6 M
NVDA	nvidia corp	9.1 M
ANET	arista networks	7.1 M

Top 5 Losers (%)		%
CHTR	charter communctns del cl a	-32.7 %
CBZ	cbiz inc	-26.1 %
GDDY	godaddy inc	-24.0 %
PBH	prestige consumer healthcare i	-21.9 %
FTNT	fortinet inc.	-20.5 %

Top 5 Losers ($)		$
FTNT	fortinet inc.	-5.4 M
VRTX	vertex pharmaceuticals inc	-1.8 M
BKNG	booking holdings inc	-1.7 M
PYPL	paypal holdings inc	-1.4 M
EEFT	euronet worldwide inc	-1.4 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 328 stocks in it's portfolio. About 31.1% of the portfolio is in top 10 stocks. FTNT 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: 28 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.68	334,667	85,216,300	reduced	-18.04

AAXJ	ishares short-term corporate b	0.60	169,674	8,997,810	reduced	-4.31

AAXJ	ishares barclays int govt/cred	0.33	46,195	4,963,050	reduced	-4.38

AAXJ	ishares int-term corp bond etf	0.25	69,318	3,749,410	added	1.35

AAXJ	ishares s&p short term nationa	0.23	32,606	3,481,670	reduced	-1.3

AAXJ	ishares national amt-free muni	0.10	13,667	1,455,400	reduced	-0.96

AAXJ	ishares international select d	0.03	12,350	451,393	reduced	-90.05

ABBV	abbvie inc	0.60	38,872	9,000,320	added	22.18

ABC	cencora inc	0.04	2,134	666,939	reduced	-7.98

ABT	abbott laboratories	0.04	4,946	662,407	added	0.1

ACGL	arch capital group	0.28	45,508	4,128,940	reduced	-9.4

ACIW	aci worldwide inc	0.05	13,142	693,503	reduced	-31.32

ADBE	adobe inc	0.48	20,334	7,172,820	reduced	-19.00

ADP	automatic data processing	0.04	1,820	534,170	unchanged	0.00

ADSK	autodesk inc	0.51	24,295	7,717,790	reduced	-20.97

AEP	american electric power	0.02	2,896	325,800	reduced	-4.74

AFL	aflac inc	0.45	60,630	6,772,370	reduced	-8.71

AGQ	proshares ultra silver	0.02	3,204	244,273	reduced	-40.00

AGX	argan inc	0.06	3,616	976,501	reduced	-31.48

AIT	applied industrial technologie	0.05	2,749	717,626	reduced	-34.75