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Portfolio (Quarterly) Guide ↗

MERITAGE PORTFOLIO MANAGEMENT

· CIK 0000881432
13F Portfolio $1.5B AUM 323 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 19 New 51 Added 200 Reduced 25 Exited
Page 8 of 10  ·  200 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 HURN HURON CONSULTING GROUP Industrials 2,896.0 $501K 0.03% -135.0 -4.5% $172.91 -39.1%
142 PBH PRESTIGE CONSUMER HEALTHCARE I Healthcare 8,083.0 $499K 0.03% -892.0 -9.9% $61.69 -21.8%
143 T AT & T INC Communication Services 19,891.0 $494K 0.03% -201K -91.0% $24.84 +0.4%
144 MTCH MATCH GROUP INC Communication Services 14,730.0 $476K 0.03% -683.0 -4.4% $32.29 +10.4%
145 CNO CNO FINANCIAL GROUP Financial Services 11,091.0 $471K 0.03% -2K -18.1% $42.47 +11.6%
146 SPDW SPDR PORTFOLIO WORLD ex-US 10,516.0 $467K 0.03% -135.0 -1.3% $44.41 +13.4%
147 RNG RINGCENTRAL INC-CLASS A Technology 16,133.0 $466K 0.03% -747.0 -4.4% $28.88 +50.7%
148 MCD MCDONALDS Consumer Cyclical 1,518.0 $464K 0.03% -103.0 -6.3% $305.55 -7.0%
149 ZION ZIONS BANCORPORATION Financial Services 7,893.0 $462K 0.03% -2K -17.9% $58.54 +5.4%
150 SDY SPDR S&P DIVIDEND ETF 3,310.0 $461K 0.03% -49.0 -1.5% $139.16 +6.9%
151 AGQ PROSHARES ULTRA SILVER Financial Services 2,950.0 $458K 0.03% -254.0 -7.9% $155.12 -23.7%
152 NEE NEXTERA ENERGY INC Utilities 5,449.0 $437K 0.03% -30.0 -0.6% $80.28 +11.7%
153 KTB KONTOOR BRANDS INC Consumer Cyclical 7,121.0 $435K 0.03% -1K -12.8% $61.09 +13.6%
154 MTG MGIC INVESTMENT CORP Financial Services 14,173.0 $414K 0.03% -3K -18.1% $29.22 -10.4%
155 BOKF BOK FINANCIAL Financial Services 3,444.0 $408K 0.03% -753.0 -17.9% $118.46 +9.5%
156 TMHC TAYLOR MORRISON HOME CORP Consumer Cyclical 6,750.0 $397K 0.03% -1K -18.1% $58.87 -2.4%
157 WF WOORI FINANCIAL GROUP Financial Services 6,651.0 $391K 0.03% -88K -92.9% $58.79 +6.2%
158 WAL WESTERN ALLIANCE BANCORP Financial Services 4,622.0 $389K 0.03% -1K -18.1% $84.07 -8.4%
159 NI NISOURCE INC Utilities 9,151.0 $382K 0.03% -775.0 -7.8% $41.76 +14.2%
160 ELV ELEVANCE HEALTH INC Healthcare 1,090.0 $382K 0.03% -77.0 -6.6% $350.55 +11.2%
Page 8 of 10  ·  200 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 33.4%
Financial Services 15.0%
Communication Services 11.5%
Consumer Cyclical 11.0%
Healthcare 7.8%
Industrials 5.8%
Energy 4.8%
Consumer Defensive 3.6%
Real Estate 3.4%
Utilities 2.8%