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Asset Manager ← All Institutions

Merit Financial Group, LLC

2400 LAKEVIEW PARKWAY SUITE 550, ALPHARETTA, GA 30009 • 678-867-7050

Q3 2025 · Filed 2025-11-07
Market Value
$10.9B
+21.4%
Holdings
1,828
+112
New Purchases
167
Added To
933
Closed
76
Reduced
622
Top 10 Concentration
20.5%
Turnover
13.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
USTB 1.14% 0.02% +1.12% $124M
UBND 1.11% 0.00% +1.11% $121M
CWI 0.90% 0.10% +0.80% $98M
CGUS 0.77% 0.05% +0.72% $83M
MGK 2.00% 1.46% +0.53% $217M
CGDV 0.65% 0.13% +0.52% $71M
CGGR 0.61% 0.12% +0.49% $66M
CGCB 0.47% 0.03% +0.44% $51M
CGSD 0.44% 0.01% +0.43% $47M
CGCP 0.47% 0.05% +0.42% $51M
CGMM 0.34% 0.01% +0.33% $37M
BAI 0.52% 0.21% +0.31% $57M
CGIC 0.31% 0.00% +0.31% $33M
DYNF 1.36% 1.08% +0.28% $148M
BIL 0.33% 0.07% +0.27% $36M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPTS 0.12% 1.69% -1.57% $13M
ACWX 0.23% 1.78% -1.55% $25M
EFG 0.16% 0.69% -0.53% $18M
IUSG 2.14% 2.59% -0.45% $232M
VUG 3.58% 4.00% -0.42% $389M
VGSH 0.06% 0.43% -0.38% $6M
UPS 0.65% 0.97% -0.33% $70M
MINT 0.05% 0.35% -0.30% $6M
IYW 0.19% 0.47% -0.28% $21M
QLTY 2.34% 2.61% -0.27% $254M
IUSV 2.16% 2.42% -0.26% $234M
VOO 1.66% 1.90% -0.24% $180M
SPTI 1.43% 1.64% -0.20% $155M
VTV 1.53% 1.73% -0.20% $167M
MBB 1.04% 1.20% -0.16% $113M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 72.6%
Technology 9.0%
Industrials 4.0%
Healthcare 3.1%
Consumer Cyclical 2.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 79 $3.2B 29.2%
Large Cap 859 $5.2B 48.3%
Mid Cap 499 $1.5B 13.9%
Small Cap 300 $834M 7.7%
Micro Cap 91 $96M 0.9%

Portfolio Analytics

Avg Market Cap
$57.5B
Median Market Cap
$10.5B
Avg P/E
30.6
Median P/E
21.0
Avg Dividend Yield
0.02%
Avg Beta
0.94
# Stocks
1,118
# ETFs / Funds
710

Top Holdings (1,828 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VUG 3.58% 810,877 $389M $479.61 $31M -6,576 -0.8%
2 QLTY 2.34% 7,024,080 $254M $36.19 $20M +200,508 +2.9%
3 IUSV 2.16% 2,343,492 $234M $99.95 $18M +55,005 +2.4%
4 IUSG 2.14% 1,412,197 $232M $164.54 $811K -127,378 -8.3%
5 MGK 2.00% 538,959 $217M $402.42 $86M +181,132 +50.6%
6 AAPL 1.83% 781,670 $199M $254.63 $48M +45,789 +6.2%
7 VOO 1.66% 294,519 $180M $612.38 $10M -5,331 -1.8%
8 IVV 1.63% 263,998 $177M $669.30 $19M +10,043 +4.0%
9 MSFT 1.60% 334,756 $173M $517.95 $22M +31,283 +10.3%
10 VTV 1.53% 892,908 $167M $186.49 $12M +16,934 +1.9%
11 SPTI 1.43% 5,380,575 $155M $28.90 $9M +291,256 +5.7%
12 EFV 1.43% 2,286,227 $155M $67.83 $46M +575,507 +33.6%
13 DYNF 1.36% 2,492,196 $148M $59.20 $51M +713,904 +40.1%
14 NVDA 1.31% 764,127 $143M $186.58 $32M +61,375 +8.7%
15 QUAL 1.25% 697,503 $136M $194.50 $16M +43,346 +6.6%
16 VTI 1.20% 396,272 $130M $328.17 $17M +25,304 +6.8%
17 IEMG 1.17% 1,926,789 $127M $65.92 $44M +551,636 +40.1%
18 AVNM 1.16% 1,782,622 $126M $70.60 $14M +70,308 +4.1%
19 USTB 1.14% 2,430,797 $124M $50.99 $122M +2,389,445 +5778.3%
20 UBND 1.11% 5,472,002 $121M $22.05 +5,472,002 NEW
21 MGV 1.06% 831,915 $115M $137.74 $31M +192,747 +30.2%
22 MBB 1.04% 1,184,090 $113M $95.15 $6M +44,468 +3.9%
23 QQQ 1.02% 184,939 $111M $600.37 $19M +18,874 +11.4%
24 BINC 0.98% 2,006,972 $107M $53.24 $36M +658,649 +48.9%
25 CWI 0.90% 2,795,582 $98M $34.92 $89M +2,519,140 +911.3%
26 VFLO 0.84% 2,419,736 $91M $37.50 $8M +85,914 +3.7%
27 AMZN 0.83% 409,544 $90M $219.57 $6M +27,781 +7.3%
28 CGUS 0.77% 2,107,661 $83M $39.54 $79M +1,985,435 +1624.4%
29 BND 0.71% 1,036,609 $77M $74.37 $10M +125,736 +13.8%
30 JAAA 0.70% 1,492,094 $76M $50.78 $33M +639,795 +75.1%
31 VO 0.69% 254,121 $75M $293.74 $20M +57,086 +29.0%
32 CGDV 0.65% 1,690,161 $71M $42.03 $59M +1,391,257 +465.4%
33 UPS 0.65% 838,845 $70M $83.53 -$17M -21,648 -2.5%
34 AVGO 0.64% 209,664 $69M $329.91 $12M +3,835 +1.9%
35 GOOGL 0.64% 283,964 $69M $243.10 $23M +21,677 +8.3%
36 CGGR 0.61% 1,510,100 $66M $43.92 $56M +1,247,158 +474.3%
37 VB 0.61% 258,587 $66M $254.28 $15M +45,273 +21.2%
38 USIG 0.59% 1,235,503 $65M $52.22 $3M +32,866 +2.7%
39 GOVT 0.59% 2,753,378 $64M $23.12 $24M +1,007,786 +57.7%
40 META 0.57% 84,670 $62M $734.39 $4M +6,263 +8.0%
41 BRK-B 0.55% 119,564 $60M $502.74 $6M +7,620 +6.8%
42 SCHG 0.54% 1,834,030 $59M $31.91 $3M -82,631 -4.3%
43 THRO 0.53% 1,513,495 $57M $37.86 $20M +457,903 +43.4%
44 BAI 0.52% 1,659,696 $57M $34.16 $38M +1,001,129 +152.0%
45 IEFA 0.51% 639,047 $56M $87.31 -$2M -57,610 -8.3%
46 VEA 0.51% 929,372 $56M $59.92 $3M +6,070 +0.7%
47 SPYG 0.48% 494,220 $52M $104.51 $2M -31,081 -5.9%
48 CGCB 0.47% 1,935,910 $51M $26.58 $48M +1,820,690 +1580.2%
49 CGCP 0.47% 2,259,377 $51M $22.72 $47M +2,067,719 +1078.9%
50 SPY 0.47% 76,490 $51M $666.17 $2M -3,547 -4.4%
51 JPM 0.46% 157,871 $50M $315.43 $6M +6,408 +4.2%
52 CGSD 0.44% 1,822,843 $47M $25.98 $47M +1,802,416 +8823.7%
53 VMBS 0.39% 909,795 $43M $46.96 $14M +284,118 +45.4%
54 IAU 0.39% 578,361 $42M $72.77 $20M +227,485 +64.8%
55 MTUM 0.38% 160,608 $41M $256.45 $11M +34,632 +27.5%
56 VYM 0.35% 271,703 $38M $140.95 $4M +11,821 +4.5%
57 SCHO 0.35% 1,562,292 $38M $24.40 $11M +469,323 +42.9%
58 GOOG 0.35% 155,017 $38M $243.55 $11M +4,019 +2.7%
59 CGMM 0.34% 1,316,034 $37M $28.39 $36M +1,276,343 +3215.7%
60 TSLA 0.34% 83,957 $37M $444.72 $13M +6,848 +8.9%
61 IAGG 0.34% 710,280 $36M $51.23 $13M +246,664 +53.2%
62 BIL 0.33% 396,427 $36M $91.75 $30M +331,413 +509.8%
63 XOM 0.33% 318,099 $36M $112.75 $6M +45,124 +16.5%
64 SPLG 0.32% 444,895 $35M $78.34 $2M -8,701 -1.9%
65 JNJ 0.32% 186,501 $35M $185.42 $7M +6,784 +3.8%
66 PG 0.31% 221,319 $34M $153.65 $12M +85,642 +63.1%
67 VBR 0.31% 160,742 $34M $208.71 $478K -8,844 -5.2%
68 CGIC 0.31% 1,082,709 $33M $30.81 +1,082,709 NEW
69 SHLD 0.30% 465,545 $33M $70.24 $28M +386,214 +486.8%
70 FPEI 0.29% 1,653,787 $32M $19.34 $2M +97,331 +6.2%
71 WMT 0.29% 308,438 $32M $103.06 $7M +55,340 +21.9%
72 HD 0.29% 77,729 $31M $405.19 $4M +3,277 +4.4%
73 COST 0.28% 32,724 $30M $925.64 -$2M +516 +1.6%
74 PLTR 0.27% 160,562 $29M $182.42 $8M +7,140 +4.7%
75 IVW 0.26% 235,085 $28M $120.72 $3M +4,680 +2.0%
76 V 0.26% 81,286 $28M $341.38 -$2M -1,553 -1.9%
77 FVAL 0.25% 401,738 $28M $68.87 +401,738 NEW
78 VBK 0.25% 91,973 $27M $297.62 $561K -4,843 -5.0%
79 CGUI 0.25% 1,066,035 $27M $25.30 +1,066,035 NEW
80 QQQI 0.25% 492,567 $27M $54.20 +492,567 NEW
81 OEF 0.25% 80,172 $27M $332.84 $5M +9,797 +13.9%
82 LLY 0.24% 34,469 $26M $762.98 $1M +2,039 +6.3%
83 ACWX 0.23% 381,609 $25M $65.01 -$134M -2,229,940 -85.4%
84 CGIE 0.22% 722,975 $24M $33.72 +722,975 NEW
85 PM 0.22% 149,678 $24M $162.20 -$2M +7,921 +5.6%
86 SCHV 0.22% 814,992 $24M $29.11 $173K -36,166 -4.2%
87 ORCL 0.22% 83,417 $23M $281.24 $7M +9,544 +12.9%
88 VOOG 0.21% 53,369 $23M $435.46 $2M -293 -0.6%
89 KBDC 0.21% 1,738,174 $23M $13.32 -$3M
90 IWY 0.21% 84,050 $23M $273.65 $2M -1,199 -1.4%
91 SCHD 0.21% 830,507 $23M $27.30 -$3M -138,037 -14.2%
92 QQQM 0.20% 89,895 $22M $247.12 $4M +9,306 +11.6%
93 GE 0.20% 73,236 $22M $300.82 $4M +2,742 +3.9%
94 DFAC 0.20% 569,250 $22M $38.57 $3M +47,301 +9.1%
95 CVX 0.20% 139,451 $22M $155.29 $4M +13,485 +10.7%
96 BFC 0.20% 177,398 $22M $121.31 $581K -579 -0.3%
97 SPYI 0.20% 409,522 $21M $52.30 +409,522 NEW
98 MUB 0.19% 193,622 $21M $106.49 $99K -2,781 -1.4%
99 IYW 0.19% 105,137 $21M $195.86 -$21M -135,034 -56.2%
100 NFLX 0.19% 17,069 $20M $1,198.92 -$1M +862 +5.3%

Options Breakdown

5 Calls $609K Call Value 6 Puts $8M Put Value 12.53 P/C Ratio

Top Calls

SymbolSharesValueStatus
SOXL 17,600 $272K
MARA 89,000 $163K NEW
GME 90,000 $158K NEW
NVDA 10,500 $17K NEW
ZIM $0 SOLD

Top Puts

SymbolSharesValueStatus
SPY 296,300 $6M
AVGO 60,000 $1M NEW
UPS 40,800 $388K
SFM 16,600 $144K NEW
AAPL 12,800 $135K NEW
IWM $0 SOLD

New Positions

SymbolValue% Port
UBND $121M 1.11%
CGIC $33M 0.31%
FVAL $28M 0.25%
CGUI $27M 0.25%
QQQI $27M 0.25%
CGIE $24M 0.22%
SPYI $21M 0.20%
HOLA $19M 0.18%
DIVO $18M 0.17%
QDVO $18M 0.16%
OMAH $17M 0.16%
RDVI $17M 0.15%
CGIB $8M 0.08%
QALT $6M 0.05%
FDHY $3M 0.03%

Sold Out Positions

SymbolValue% Port
BROS —%
GSBD —%
WU —%
TDC —%
COTY —%
TROX —%
CRI —%
CE —%
KEX —%
SES —%
LUV —%
VVV —%
COLD —%
CPT —%
ELS —%
View SEC EDGAR Filings for Merit Financial Group, LLC →

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