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Asset Manager ← All Institutions

MERITAGE PORTFOLIO MANAGEMENT

Q3 2025 · Filed 2025-10-28
Market Value
$1.5B
-5.4%
Holdings
336
-5
New Purchases
19
Added To
43
Closed
15
Reduced
224
Top 10 Concentration
31.4%
Turnover
10.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CTSH 0.85% 0.00% +0.85% $13M
GOOGL 4.71% 4.01% +0.70% $70M
NVDA 3.75% 3.20% +0.55% $56M
TWLO 0.51% 0.00% +0.51% $8M
REGN 0.79% 0.38% +0.41% $12M
AAPL 5.72% 5.32% +0.40% $85M
BABA 1.63% 1.24% +0.38% $24M
CARG 0.36% 0.00% +0.36% $5M
HSBC 1.43% 1.14% +0.29% $21M
MGA 0.24% 0.00% +0.24% $4M
BIDU 1.06% 0.83% +0.23% $16M
ABBV 0.60% 0.38% +0.23% $9M
ETSY 1.04% 0.81% +0.23% $15M
LEA 0.22% 0.00% +0.22% $3M
POR 0.21% 0.00% +0.21% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SCHG 0.04% 1.39% -1.35% $626K
FTNT 0.78% 1.67% -0.89% $12M
NVO 0.01% 0.67% -0.66% $212K
MSFT 5.01% 5.44% -0.43% $75M
JAZZ 0.00% 0.41% -0.41% $0
BNL 0.02% 0.39% -0.37% $307K
BKNG 1.22% 1.58% -0.36% $18M
SEB 0.00% 0.33% -0.33% $0
RCI 0.00% 0.30% -0.30% $0
TPR 0.37% 0.66% -0.29% $5M
IWD 0.69% 0.97% -0.29% $10M
VRTX 0.68% 0.93% -0.25% $10M
IDV 0.03% 0.27% -0.24% $451K
EXEL 0.82% 1.06% -0.24% $12M
ASML 0.97% 1.19% -0.22% $14M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 58 $679M 45.6%
Large Cap 163 $595M 39.9%
Mid Cap 88 $191M 12.8%
Small Cap 21 $25M 1.7%
Micro Cap 6 $711K 0.0%

Portfolio Analytics

Avg Market Cap
$193.0B
Median Market Cap
$28.2B
Avg P/E
28.8
Median P/E
20.9
Avg Dividend Yield
0.02%
Avg Beta
0.89
# Stocks
282
# ETFs / Funds
54

Top Holdings (336 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AAPL 5.72% 334,667 $85M $254.63 $1M -73,676 -18.0%
2 MSFT 5.01% 144,156 $75M $517.95 -$11M -28,003 -16.3%
3 GOOGL 4.71% 288,751 $70M $243.10 $7M -69,163 -19.3%
4 AVGO 4.45% 200,874 $66M $329.91 -$3M -49,518 -19.8%
5 NVDA 3.75% 299,283 $56M $186.58 $5M -19,769 -6.2%
6 AMZN 2.21% 149,734 $33M $219.57 -$2M -7,337 -4.7%
7 BABA 1.63% 135,484 $24M $178.73 $5M -37,312 -21.6%
8 HSBC 1.43% 299,509 $21M $70.98 $3M +3,857 +1.3%
9 KLAC 1.27% 17,509 $19M $1,078.60 -$886K -4,564 -20.7%
10 BKNG 1.22% 3,375 $18M $5,399.27 -$7M -922 -21.5%
11 META 1.19% 24,040 $18M $734.39 -$1M -1,849 -7.1%
12 JPM 1.14% 53,824 $17M $315.43 -$113K -5,129 -8.7%
13 BIDU 1.06% 120,203 $16M $131.77 $3M -32,330 -21.2%
14 MA 1.05% 27,602 $16M $568.81 -$4M -6,950 -20.1%
15 ETSY 1.04% 232,447 $15M $66.39 $3M -21,518 -8.5%
16 WSM 0.98% 74,983 $15M $195.45 -$884K -20,136 -21.2%
17 ASML 0.97% 14,913 $14M $968.09 -$4M -8,381 -36.0%
18 ANET 0.96% 97,729 $14M $145.71 -$2M -65,633 -40.2%
19 JNJ 0.96% 76,756 $14M $185.42 $2M -4,169 -5.2%
20 LNG 0.88% 55,984 $13M $234.98 -$1M -3,530 -5.9%
21 IVV 0.88% 19,533 $13M $669.32 $1M +172 +0.9%
22 AME 0.86% 67,949 $13M $188.00 -$3M -17,705 -20.7%
23 CTSH 0.85% 189,420 $13M $67.07 +189,420 NEW
24 EXEL 0.82% 295,426 $12M $41.30 -$4M -82,301 -21.8%
25 IWF 0.81% 25,849 $12M $468.41 $1M +151 +0.6%
26 SPYV 0.81% 217,260 $12M $55.33 $317K -6,347 -2.8%
27 REGN 0.79% 20,941 $12M $562.27 $6M +9,486 +82.8%
28 FTNT 0.78% 138,758 $12M $84.08 -$15M -109,678 -44.1%
29 PYPL 0.75% 166,845 $11M $67.06 -$4M -32,000 -16.1%
30 GS 0.74% 13,802 $11M $796.35 $233K -1,398 -9.2%
31 EEFT 0.73% 124,343 $11M $87.81 $311K +19,713 +18.8%
32 SPYG 0.71% 101,110 $11M $104.51 $776K -1,603 -1.6%
33 CDNS 0.70% 29,533 $10M $351.26 -$1M -7,653 -20.6%
34 IWD 0.69% 50,153 $10M $203.59 -$5M -28,538 -36.3%
35 VRTX 0.68% 25,940 $10M $391.64 -$5M -7,003 -21.3%
36 WFC 0.68% 120,592 $10M $83.82 -$557K -12,520 -9.4%
37 FHN 0.67% 442,349 $10M $22.61 -$609K -58,170 -11.6%
38 ETR 0.62% 99,862 $9M $93.19 $137K -10,455 -9.5%
39 BRK-B 0.62% 18,227 $9M $502.74 -$368K -1,395 -7.1%
40 AYI 0.61% 26,582 $9M $344.39 $408K -2,735 -9.3%
41 EBAY 0.61% 99,234 $9M $90.95 $858K -10,459 -9.5%
42 ABBV 0.60% 38,872 $9M $231.54 $3M +7,057 +22.2%
43 IGSB 0.60% 169,674 $9M $53.03 -$358K -7,651 -4.3%
44 SIEGY 0.60% 66,319 $9M $135.01 -$495K -7,004 -9.6%
45 ORLY 0.56% 77,130 $8M $107.81 -$364K -19,170 -19.9%
46 PG 0.55% 53,413 $8M $153.65 -$1M -4,553 -7.8%
47 XLU 0.54% 92,728 $8M $87.21 -$148K -8,111 -8.0%
48 IBM 0.53% 28,125 $8M $282.16 -$1M -3,187 -10.2%
49 ADSK 0.52% 24,295 $8M $317.67 -$2M -6,447 -21.0%
50 TWLO 0.51% 76,318 $8M $100.09 +76,318 NEW
51 CHKP 0.49% 35,356 $7M $206.91 -$1M -3,635 -9.3%
52 COST 0.49% 7,881 $7M $925.61 -$1M -781 -9.0%
53 ADBE 0.48% 20,334 $7M $352.75 -$3M -4,771 -19.0%
54 EOG 0.48% 63,549 $7M $112.12 -$1M -6,542 -9.3%
55 SPY 0.48% 10,690 $7M $666.16 $290K -367 -3.3%
56 RS 0.47% 25,076 $7M $280.83 -$2M -2,550 -9.2%
57 QCOM 0.47% 42,039 $7M $166.36 -$355K -4,103 -8.9%
58 AFL 0.45% 60,630 $7M $111.70 -$232K -5,787 -8.7%
59 PNC 0.45% 33,191 $7M $200.93 $2M +6,440 +24.1%
60 DBX 0.45% 220,163 $7M $30.21 -$1M -62,989 -22.2%
61 HALO 0.44% 90,184 $7M $73.34 $1M -11,315 -11.2%
62 SNA 0.42% 18,133 $6M $346.53 $34K -1,950 -9.7%
63 XOM 0.42% 55,592 $6M $112.75 -$293K -5,267 -8.7%
64 EPRT 0.42% 210,428 $6M $29.76 -$1M -28,149 -11.8%
65 USB 0.42% 129,480 $6M $48.33 $2M +26,530 +25.8%
66 T 0.42% 221,334 $6M $28.24 -$759K -20,859 -8.6%
67 TIGO 0.42% 128,565 $6M $48.54 $919K -13,453 -9.5%
68 PNGAY 0.41% 446,161 $6M $13.61 $257K -6,764 -1.5%
69 CTRE 0.40% 171,480 $6M $34.68 -$65K -24,976 -12.7%
70 PSA 0.39% 20,373 $6M $288.85 -$725K -2,153 -9.6%
71 FNB 0.39% 360,112 $6M $16.11 -$123K -46,253 -11.4%
72 PHM 0.38% 42,556 $6M $132.13 $606K -5,012 -10.5%
73 VTI 0.37% 17,009 $6M $328.18 $413K
74 GILD 0.37% 50,095 $6M $111.00 -$85K -824 -1.6%
75 TPR 0.37% 48,105 $5M $113.22 -$5M -69,461 -59.1%
76 CARG 0.36% 145,215 $5M $37.23 +145,215 NEW
77 KO 0.36% 80,001 $5M $66.32 -$345K +131 +0.2%
78 WF 0.36% 94,212 $5M $56.15 $535K -1,409 -1.5%
79 FITB 0.35% 116,772 $5M $44.55 -$94K -11,986 -9.3%
80 BKH 0.35% 84,369 $5M $61.59 $395K -1,215 -1.4%
81 NWE 0.34% 87,644 $5M $58.61 $369K -5,302 -5.7%
82 BP 0.34% 148,017 $5M $34.46 $183K -16,301 -9.9%
83 BTI 0.34% 96,044 $5M $53.08 $464K -1,870 -1.9%
84 WPC 0.33% 73,810 $5M $67.57 $307K -1,227 -1.6%
85 LXP 0.33% 556,300 $5M $8.96 $2M +180,608 +48.1%
86 GVI 0.33% 46,195 $5M $107.44 -$196K -2,114 -4.4%
87 PEG 0.33% 59,325 $5M $83.46 -$557K -6,110 -9.3%
88 OTEX 0.33% 131,407 $5M $37.38 $2M +33,667 +34.5%
89 FIS 0.33% 74,386 $5M $65.94 -$2M -7,619 -9.3%
90 GFF 0.32% 63,289 $5M $76.15 -$231K -6,501 -9.3%
91 EMN 0.32% 75,987 $5M $63.05 $1M +28,509 +60.0%
92 VBK 0.32% 15,940 $5M $297.62 -$301K -2,277 -12.5%
93 UGI 0.31% 140,801 $5M $33.26 -$980K -14,692 -9.4%
94 APAM 0.31% 105,993 $5M $43.40 -$175K -1,727 -1.6%
95 NJR 0.31% 95,249 $5M $48.15 $256K -1,364 -1.4%
96 SCHO 0.31% 186,252 $5M $24.40 -$115K -4,865 -2.5%
97 NOMD 0.30% 343,215 $5M $13.15 -$2M -45,215 -11.6%
98 AMGN 0.30% 15,973 $5M $282.20 -$372K -1,504 -8.6%
99 KR 0.30% 66,369 $4M $67.41 -$763K -6,639 -9.1%
100 NTAP 0.30% 37,695 $4M $118.46 $38K -3,860 -9.3%

New Positions

SymbolValue% Port
CTSH $13M 0.85%
TWLO $8M 0.51%
CARG $5M 0.36%
MGA $4M 0.24%
LEA $3M 0.22%
POR $3M 0.21%
CFG $3M 0.21%
INFY $3M 0.18%
SLB $3M 0.17%
GLPI $3M 0.17%
QFIN $2M 0.15%
IWN $487K 0.03%
VSGX $355K 0.02%
PBI $315K 0.02%
BK $231K 0.02%

Sold Out Positions

SymbolValue% Port
ARW —%
ASIX —%
CAG —%
RCI —%
COP —%
RDN —%
JAZZ —%
PRGS —%
SEB —%
NXST —%
PLTR —%
LKE.AX —%
CTRA —%
TGNA —%
GMS —%
View SEC EDGAR Filings for MERITAGE PORTFOLIO MANAGEMENT →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms