— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Merit Financial Group, LLC

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

Q4 2025 · Filed 2026-01-26
Market Value
$12.4B
+14.3%
Holdings
1,982
+154
New Purchases
230
Added To
1,111
Closed
86
Reduced
533
Top 10 Concentration
19.9%
Turnover
15.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MGV 1.43% 1.06% +0.38% $178M
MTUM 0.61% 0.38% +0.23% $76M
IEMG 1.40% 1.17% +0.23% $174M
IBTH 0.21% 0.00% +0.21% $26M
GOOGL 0.83% 0.64% +0.20% $104M
PTLC 0.20% 0.00% +0.19% $24M
SPIB 0.19% 0.01% +0.19% $24M
AAPL 1.98% 1.83% +0.14% $245M
NVDA 1.46% 1.31% +0.14% $181M
GOOG 0.49% 0.35% +0.14% $61M
SCHD 0.35% 0.21% +0.14% $43M
IJR 0.24% 0.11% +0.12% $29M
JPIE 0.12% 0.00% +0.12% $14M
MGK 2.10% 2.00% +0.11% $261M
FNDX 0.19% 0.08% +0.11% $24M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QUAL 0.75% 1.25% -0.50% $93M
VTI 0.82% 1.20% -0.37% $102M
VUG 3.21% 3.58% -0.37% $399M
VOO 1.42% 1.66% -0.24% $177M
KBDC 0.00% 0.21% -0.21% $0
MSFT 1.43% 1.60% -0.17% $178M
QQQ 0.88% 1.02% -0.14% $109M
EFV 1.31% 1.43% -0.12% $162M
GOVT 0.47% 0.59% -0.11% $59M
BND 0.61% 0.71% -0.10% $75M
BIL 0.24% 0.33% -0.10% $29M
QQQM 0.11% 0.20% -0.09% $14M
SPTI 1.34% 1.43% -0.09% $166M
IEFA 0.42% 0.51% -0.09% $53M
SCHG 0.45% 0.54% -0.08% $56M

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 80 $3.5B 28.4%
Large Cap 897 $6.0B 48.6%
Mid Cap 563 $1.8B 14.7%
Small Cap 341 $924M 7.4%
Micro Cap 101 $107M 0.9%

Portfolio Analytics

Avg Market Cap
$53.9B
Median Market Cap
$9.7B
Avg P/E
31.4
Median P/E
21.0
Avg Dividend Yield
0.02%
Avg Beta
0.94
# Stocks
1,208
# ETFs / Funds
774

Top Holdings (1,982 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VUG 3.21% 817,895 $399M $487.86 $10M +7,018 +0.9%
2 QLTY 2.32% 7,494,580 $288M $38.46 $34M +470,500 +6.7%
3 IUSG 2.20% 1,626,452 $273M $167.94 $41M +214,255 +15.2%
4 IUSV 2.14% 2,594,909 $266M $102.54 $32M +251,417 +10.7%
5 MGK 2.10% 632,742 $261M $412.77 $44M +93,783 +17.4%
6 AAPL 1.98% 902,994 $245M $271.86 $46M +121,324 +15.5%
7 IVV 1.59% 288,582 $198M $684.94 $21M +24,584 +9.3%
8 VTV 1.49% 969,104 $185M $190.99 $19M +76,196 +8.5%
9 NVDA 1.46% 969,912 $181M $186.50 $38M +205,785 +26.9%
10 MGV 1.43% 1,261,768 $178M $141.16 $64M +429,853 +51.7%
11 MSFT 1.43% 367,461 $178M $483.62 $4M +32,705 +9.8%
12 DYNF 1.43% 2,922,087 $178M $60.81 $30M +429,891 +17.2%
13 VOO 1.42% 282,059 $177M $627.13 -$3M -12,460 -4.2%
14 IEMG 1.40% 2,584,820 $174M $67.22 $47M +658,031 +34.1%
15 SPTI 1.34% 5,757,906 $166M $28.84 $11M +377,331 +7.0%
16 EFV 1.31% 2,272,686 $162M $71.41 $7M -13,541 -0.6%
17 AVNM 1.15% 1,944,852 $143M $73.52 $17M +162,230 +9.1%
18 USTB 1.06% 2,598,695 $132M $50.84 $8M +167,898 +6.9%
19 UBND 1.03% 5,819,517 $128M $22.00 $7M +347,515 +6.3%
20 MBB 0.97% 1,271,085 $121M $95.22 $8M +86,995 +7.3%
21 BINC 0.94% 2,218,853 $117M $52.77 $10M +211,881 +10.6%
22 CWI 0.92% 3,186,018 $114M $35.92 $17M +390,436 +14.0%
23 AMZN 0.89% 481,288 $111M $230.82 $21M +71,744 +17.5%
24 QQQ 0.88% 177,423 $109M $614.31 -$2M -7,516 -4.1%
25 VFLO 0.84% 2,635,628 $104M $39.38 $13M +215,892 +8.9%
26 GOOGL 0.83% 331,200 $104M $313.00 $35M +47,236 +16.6%
27 VTI 0.82% 305,016 $102M $335.27 -$28M -91,256 -23.0%
28 QUAL 0.75% 465,944 $93M $198.62 -$43M -231,559 -33.2%
29 VO 0.73% 313,237 $91M $290.22 $16M +59,116 +23.3%
30 CGUS 0.71% 2,193,385 $88M $40.23 $5M +85,724 +4.1%
31 AVGO 0.70% 252,009 $87M $346.10 $18M +42,345 +20.2%
32 UPS 0.66% 827,666 $82M $99.19 $12M -11,179 -1.3%
33 CGGR 0.65% 1,802,258 $80M $44.47 $14M +292,158 +19.4%
34 JAAA 0.64% 1,578,470 $80M $50.58 $4M +86,376 +5.8%
35 CGDV 0.62% 1,754,850 $77M $43.64 $6M +64,689 +3.8%
36 MTUM 0.61% 303,634 $76M $250.31 $35M +143,026 +89.0%
37 BND 0.61% 1,015,856 $75M $74.07 -$2M -20,753 -2.0%
38 VB 0.59% 286,260 $74M $257.95 $8M +27,673 +10.7%
39 BAI 0.58% 2,167,273 $72M $33.30 $15M +507,577 +30.6%
40 USIG 0.55% 1,322,577 $68M $51.77 $4M +87,074 +7.0%
41 THRO 0.55% 1,775,454 $68M $38.56 $11M +261,959 +17.3%
42 META 0.54% 101,346 $67M $660.09 $5M +16,676 +19.7%
43 BRK-B 0.51% 125,928 $63M $502.65 $3M +6,364 +5.3%
44 GOOG 0.49% 193,757 $61M $313.80 $23M +38,740 +25.0%
45 VEA 0.47% 940,699 $59M $62.47 $3M +11,327 +1.2%
46 GOVT 0.47% 2,541,072 $59M $23.02 -$5M -212,306 -7.7%
47 VMBS 0.47% 1,234,060 $58M $47.08 $15M +324,265 +35.6%
48 SPYG 0.46% 537,327 $57M $106.70 $6M +43,107 +8.7%
49 SCHG 0.45% 1,731,654 $56M $32.62 -$2M -102,376 -5.6%
50 JPM 0.44% 171,329 $55M $322.22 $5M +13,458 +8.5%
51 SPY 0.44% 79,904 $54M $681.93 $4M +3,414 +4.5%
52 CGCP 0.44% 2,386,398 $54M $22.64 $3M +127,021 +5.6%
53 CGCB 0.43% 2,035,628 $54M $26.52 $3M +99,718 +5.2%
54 IAU 0.42% 649,154 $53M $81.17 $11M +70,793 +12.2%
55 IEFA 0.42% 587,729 $53M $89.46 -$3M -51,318 -8.0%
56 CGSD 0.40% 1,910,928 $50M $26.01 $2M +88,085 +4.8%
57 SCHO 0.37% 1,889,316 $46M $24.37 $8M +327,024 +20.9%
58 TSLA 0.36% 99,176 $45M $449.72 $7M +15,219 +18.1%
59 SCHD 0.35% 1,568,399 $43M $27.43 $20M +737,892 +88.8%
60 XOM 0.34% 347,295 $42M $120.34 $6M +29,196 +9.2%
61 LLY 0.33% 38,034 $41M $1,074.69 $15M +3,565 +10.3%
62 JNJ 0.32% 194,854 $40M $206.95 $6M +8,353 +4.5%
63 VYM 0.32% 278,479 $40M $143.52 $2M +6,776 +2.5%
64 CGMM 0.32% 1,360,431 $39M $28.84 $2M +44,397 +3.4%
65 IAGG 0.31% 780,508 $39M $50.01 $3M +70,228 +9.9%
66 SHLD 0.31% 593,799 $38M $64.79 $6M +128,254 +27.6%
67 WMT 0.31% 340,015 $38M $111.41 $6M +31,577 +10.2%
68 PG 0.29% 254,445 $36M $143.31 $2M +33,126 +15.0%
69 CGIC 0.29% 1,114,156 $36M $32.50 $3M +31,447 +2.9%
70 FPEI 0.29% 1,852,841 $36M $19.39 $4M +199,054 +12.0%
71 SPLG 0.29% 445,773 $36M $80.22 $907K +878 +0.2%
72 PLTR 0.26% 178,806 $32M $177.75 $2M +18,244 +11.4%
73 V 0.25% 89,023 $31M $350.70 $3M +7,737 +9.5%
74 VBR 0.25% 143,889 $30M $211.79 -$3M -16,853 -10.5%
75 COST 0.24% 35,169 $30M $862.35 $37K +2,445 +7.5%
76 BIL 0.24% 322,727 $29M $91.38 -$7M -73,700 -18.6%
77 IJR 0.24% 244,511 $29M $120.18 $17M +139,592 +133.1%
78 IVW 0.24% 236,719 $29M $123.26 $798K +1,634 +0.7%
79 CGUI 0.23% 1,117,817 $28M $25.31 $1M +51,782 +4.9%
80 OEF 0.22% 79,796 $27M $342.97 $683K -376 -0.5%
81 QQQI 0.22% 505,562 $27M $53.86 $532K +12,995 +2.6%
82 HD 0.22% 77,793 $27M $344.10 -$5M +64 +0.1%
83 IBTH 0.21% 1,169,742 $26M $22.47 $26M +1,146,792 +4996.9%
84 CGIE 0.21% 748,715 $26M $34.82 $2M +25,740 +3.6%
85 VBK 0.20% 81,868 $25M $302.11 -$3M -10,105 -11.0%
86 ACWX 0.20% 368,276 $25M $67.13 -$86K -13,333 -3.5%
87 MUB 0.20% 228,835 $25M $107.11 $4M +35,213 +18.2%
88 PTLC 0.20% 439,212 $24M $55.58 $24M +431,453 +5560.7%
89 CAT 0.20% 42,512 $24M $572.89 $8M +9,131 +27.4%
90 EFG 0.19% 211,861 $24M $113.92 $6M +56,202 +36.1%
91 SPIB 0.19% 711,579 $24M $33.81 $23M +691,052 +3366.6%
92 FVAL 0.19% 332,824 $24M $72.27 -$4M -68,914 -17.1%
93 VOOG 0.19% 53,951 $24M $444.59 $746K +582 +1.1%
94 SCHV 0.19% 802,671 $24M $29.61 $43K -12,321 -1.5%
95 FNDX 0.19% 870,013 $24M $27.21 $15M +522,654 +150.5%
96 GE 0.19% 76,797 $24M $308.03 $2M +3,561 +4.9%
97 IUSB 0.19% 505,108 $24M $46.54 $9M +192,575 +61.6%
98 IWY 0.19% 84,883 $24M $276.94 $507K +833 +1.0%
99 SPYI 0.18% 425,441 $22M $52.53 $930K +15,919 +3.9%
100 PM 0.18% 137,747 $22M $160.40 -$2M -11,931 -8.0%

Options Breakdown

9 Calls $1M Call Value 5 Puts $6M Put Value 4.29 P/C Ratio

Top Calls

SymbolSharesValueStatus
LLY 800 $388K NEW
AMD 1,500 $253K NEW
SPY 6,800 $237K NEW
GOOGL 1,500 $236K NEW
BABA 2,000 $220K NEW
GME 90,000 $32K
MARA 89,000 $24K
NVDA $0 SOLD
SOXL $0 SOLD

Top Puts

SymbolSharesValueStatus
SPY 296,300 $5M
AVGO 60,000 $898K
SFM 33,700 $238K
AAPL 15,300 $141K
UPS 41,100 $133K

New Positions

SymbolValue% Port
JPIE $14M 0.12%
SLDE $11M 0.09%
FTCS $10M 0.08%
IQDG $9M 0.07%
FMDE $9M 0.07%
FIBR $6M 0.05%
AGGY $6M 0.05%
PSFF $4M 0.03%
GARP $4M 0.03%
RFV $4M 0.03%
USMF $4M 0.03%
EES $4M 0.03%
SMA $4M 0.03%
REGL $3M 0.03%
FV $3M 0.03%

Sold Out Positions

SymbolValue% Port
AAP —%
ACI —%
MTDR —%
FOUR —%
FMC —%
BLDR —%
BIO —%
AGO —%
ACM —%
DK —%
LXP —%
HPP —%
SMG —%
KMPR —%
UL —%
View SEC EDGAR Filings for Merit Financial Group, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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