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Portfolio (Quarterly) Guide ↗

MERITAGE PORTFOLIO MANAGEMENT

· CIK 0000881432
13F Portfolio $1.5B AUM Filed Oct 28, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 328 New
Page 1 of 17  ·  328 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AAPL APPLE INC Technology 334,667.0 $85.2M 5.67% NEW $254.63 +19.8%
2 MSFT MICROSOFT CORP Technology 144,156.0 $74.7M 4.97% NEW $517.95 -19.1%
3 GOOGL ALPHABET INC CL A Communication Services 288,751.0 $70.2M 4.67% NEW $243.10 +59.5%
4 AVGO BROADCOM LTD Technology 200,874.0 $66.3M 4.41% NEW $329.91 +25.7%
5 NVDA NVIDIA CORP Technology 299,283.0 $55.8M 3.72% NEW $186.58 +17.6%
6 AMZN AMAZON INC Consumer Cyclical 149,734.0 $32.9M 2.19% NEW $219.57 +22.3%
7 BABA ALIBABA GROUP HOLDING LTD ADR Consumer Cyclical 135,484.0 $24.2M 1.61% NEW $178.73 -26.5%
8 HSBC HSBC HOLDINGS PLC Financial Services 299,509.0 $21.3M 1.42% NEW $70.98 +29.7%
9 KLAC KLA CORPORATION Technology 17,509.0 $18.9M 1.26% NEW $1078.60 +70.8%
10 BKNG BOOKING HOLDINGS INC Consumer Cyclical 3,375.0 $18.2M 1.21% NEW $5399.27 -97.0%
11 META META PLATFORMS INC Communication Services 24,040.0 $17.7M 1.18% NEW $734.39 -17.3%
12 JPM JP MORGAN CHASE & CO Financial Services 53,824.0 $17.0M 1.13% NEW $315.43 -3.9%
13 BIDU BAIDU INC Communication Services 120,203.0 $15.8M 1.05% NEW $131.77 -0.4%
14 MA MASTERCARD INC Financial Services 27,602.0 $15.7M 1.05% NEW $568.81 -12.2%
15 ETSY INC. 232,447.0 $15.4M 1.03% NEW $66.39
16 WSM WILLIAMS-SONOMA INC Consumer Cyclical 74,983.0 $14.7M 0.98% NEW $195.45 -7.8%
17 ASML ASML HOLDING NV Technology 14,913.0 $14.4M 0.96% NEW $968.09 +64.4%
18 ANET ARISTA NETWORKS Technology 97,729.0 $14.2M 0.95% NEW $145.71 +2.0%
19 JNJ JOHNSON & JOHNSON Healthcare 76,756.0 $14.2M 0.95% NEW $185.42 +25.0%
20 LNG CHENIERE ENERGY INC Energy 55,984.0 $13.2M 0.88% NEW $234.98 +2.3%
Page 1 of 17  ·  328 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 34.9%
Financial Services 14.9%
Consumer Cyclical 11.5%
Communication Services 11.1%
Healthcare 7.0%
Industrials 4.8%
Energy 4.1%
Consumer Defensive 3.9%
Real Estate 3.6%
Utilities 3.1%