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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 7 of 17  ·  322 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 IGIB iSHARES INT-TERM CORP BOND ETF 70,924.0 $3.8M 0.25% +2K +2.3% $53.88 -1.9%
122 MTDR MATADOR RESOURCES COMPANY Energy 88,130.0 $3.7M 0.25% -5K -5.1% $42.44 +32.2%
123 HON HONEYWELL INTL INC Industrials 19,097.0 $3.7M 0.25% +17K +754.5% $195.09 +14.7%
124 PAYX PAYCHEX INC Industrials 33,058.0 $3.7M 0.25% -463.0 -1.4% $112.18 -16.0%
125 LEA LEAR CORPORATION Consumer Cyclical 32,142.0 $3.7M 0.24% -338.0 -1.0% $114.60 +20.8%
126 TIMB TIM S A SPONSORED ADR Communication Services 186,730.0 $3.6M 0.24% +2K +0.9% $19.45 +15.8%
127 ADP AUTOMATIC DATA PROCESSING Industrials 13,875.0 $3.6M 0.24% +12K +662.4% $257.23 -14.4%
128 PLD PROLOGIS INC Real Estate 27,889.0 $3.6M 0.24% +9K +45.7% $127.66 +13.3%
129 MDT MEDTRONIC HLDG LTD Healthcare 35,931.0 $3.5M 0.23% -438.0 -1.2% $96.06 -18.6%
130 CFG CITIZENS FINANCIAL GROUP INC Financial Services 57,476.0 $3.4M 0.22% -540.0 -0.9% $58.41 +7.5%
131 POR PORTLAND GENERAL ELECTRIC CO Utilities 69,619.0 $3.3M 0.22% -530.0 -0.8% $47.99 +3.6%
132 PRU PRUDENTIAL FINANCIAL INC Financial Services 29,564.0 $3.3M 0.22% -299.0 -1.0% $112.88 -8.6%
133 CSCO CISCO SYSTEMS INC Technology 42,923.0 $3.3M 0.22% $77.03 +53.4%
134 TRP TC ENERGY CORP Energy 59,964.0 $3.3M 0.22% NEW $55.01 +27.4%
135 SUB ISHARES S&P SHORT TERM NATIONA 30,465.0 $3.3M 0.22% -2K -6.6% $106.70 -0.4%
136 GIC GLOBAL INDUSTRIAL CO Industrials 107,047.0 $3.1M 0.21% +28K +34.8% $29.22 -0.4%
137 CMCSA COMCAST CORP CL A Communication Services 104,166.0 $3.1M 0.21% -5K -4.6% $29.89 -16.1%
138 VRTS VIRTUS INVESTMENT PARTNERS INC Financial Services 18,506.0 $3.0M 0.20% -1K -5.1% $163.15 -15.5%
139 SCHR SCHWAB INTERMEDIATE-TERM US TR 120,015.0 $3.0M 0.20% +6K +4.9% $25.08 -2.0%
140 INFY INFOSYS LTD SPONSORED ADR Technology 167,372.0 $3.0M 0.20% +2K +1.3% $17.82 -29.1%
Page 7 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%