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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 13 of 17  ·  322 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 SKT TANGER FACTORY OUTLET Real Estate 12,050.0 $402K 0.03% +2K +15.6% $33.37 +6.8%
242 IWM ISHARES RUSSELL 2000 1,630.0 $401K 0.03% $246.16 +14.8%
243 VO VANGUARD MID-CAP ETF 1,374.0 $399K 0.03% $290.20 -73.3%
244 VSGX VANGUARD ESG INTL STOCK ETF 5,562.0 $398K 0.03% +450.0 +8.8% $71.62 +12.0%
245 TMHC TAYLOR MORRISON HOME CORP Consumer Cyclical 6,750.0 $397K 0.03% -1K -18.1% $58.87 -2.4%
246 WF WOORI FINANCIAL GROUP Financial Services 6,651.0 $391K 0.03% -88K -92.9% $58.79 +6.2%
247 WAL WESTERN ALLIANCE BANCORP Financial Services 4,622.0 $389K 0.03% -1K -18.1% $84.07 -8.4%
248 NI NISOURCE INC Utilities 9,151.0 $382K 0.03% -775.0 -7.8% $41.76 +14.2%
249 ELV ELEVANCE HEALTH INC Healthcare 1,090.0 $382K 0.03% -77.0 -6.6% $350.55 +11.2%
250 WEC WISCONSIN ENERGY CORP Utilities 3,573.0 $377K 0.03% -112.0 -3.0% $105.46 +4.9%
251 UTHR UNITED THERAPEUTIC DEL Healthcare 769.0 $375K 0.03% -172.0 -18.3% $487.25 +15.7%
252 ESTC ELASTIC NV Technology 4,931.0 $372K 0.03% -650.0 -11.7% $75.44 -28.6%
253 ASB ASSOCIATED BANC-CORP Financial Services 14,372.0 $370K 0.03% -3K -17.8% $25.76 +8.9%
254 CRM SALESFORCE.COM INC. Technology 1,396.0 $370K 0.03% -346.0 -19.9% $264.91 -33.4%
255 CME CME GROUP INC Financial Services 1,300.0 $355K 0.02% $273.08 +5.9%
256 ATEN A10 NETWORKS INC Technology 19,977.0 $353K 0.02% -4K -18.0% $17.69 +60.1%
257 OGE OGE ENERGY CORP Utilities 8,160.0 $348K 0.02% -2K -17.9% $42.70 +12.6%
258 CMC COMMERCIAL METAL Basic Materials 4,975.0 $344K 0.02% -1K -18.1% $69.22 +2.1%
259 COKE COCA-COLA BOTTLING CO Consumer Defensive 2,226.0 $341K 0.02% -478.0 -17.7% $153.30 +15.0%
260 FDIQ INVESCO KBW REGIONAL BANKING E 5,441.0 $336K 0.02% -1K -18.0% $61.84 +13.7%
Page 13 of 17  ·  322 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%