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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 10 of 10  ·  200 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
181 VZ VERIZON COMMUNICATIONS Communication Services 7,190.0 $293K 0.02% -72K -90.9% $40.73 +17.4%
182 FISV FISERV INC Technology 4,333.0 $291K 0.02% -2K -34.8% $67.17 -16.9%
183 VLTO VERALTO CORP Industrials 2,828.0 $282K 0.02% -32.0 -1.1% $99.78 -13.6%
184 AMAT APPLIED MATLS INC Technology 1,028.0 $264K 0.02% -266.0 -20.6% $256.99 +66.3%
185 ZBRA ZEBRA TECHNOLOGIES CORP Technology 1,060.0 $257K 0.02% -33.0 -3.0% $242.82 +0.3%
186 CRUS CIRRUS LOGIC INC Technology 2,137.0 $253K 0.02% -462.0 -17.8% $118.50 +40.6%
187 YELP YELP INC Communication Services 8,247.0 $251K 0.02% -2K -22.7% $30.39 -26.1%
188 EIX EDISON INTERNATIONAL Utilities 4,164.0 $250K 0.02% -155.0 -3.6% $60.02 +17.2%
189 ASO ACADEMY SPORT AND OUTDOORS INC Consumer Cyclical 4,994.0 $250K 0.02% -1K -20.6% $49.96 +2.1%
190 NESTLE S.A. ADR 2,520.0 $249K 0.02% -67.0 -2.6% $98.78
191 BNL BROADSTONE NET LEASE INC Real Estate 14,298.0 $248K 0.02% -3K -16.9% $17.37 +17.5%
192 PBI PITNEY BOWES Industrials 23,343.0 $247K 0.02% -4K -15.6% $10.57 +46.6%
193 WPP WPP PLC Communication Services 10,615.0 $238K 0.02% -2K -14.8% $22.46 -17.5%
194 BAC BANK OF AMERICA CORP Financial Services 4,178.0 $230K 0.01% -75.0 -1.8% $55.00 -6.4%
195 IWN ISHARES RUSSELL 2000 VALUE 1,235.0 $224K 0.01% -2K -55.1% $181.21 +15.8%
196 LOW LOWES COMPANIES Consumer Cyclical 913.0 $220K 0.01% -16K -94.5% $241.16 -9.9%
197 EIG EMPLOYERS HOLDINGS Financial Services 4,834.0 $209K 0.01% -1K -20.4% $43.17 +1.4%
198 UFPI UFP INDUSTRIES, INC Basic Materials 2,289.0 $208K 0.01% -599.0 -20.7% $91.05 -12.1%
199 PATHWARD FINANCIAL INC 2,930.0 $208K 0.01% -1K -25.5% $71.00
200 TSLA TESLA, INC. Consumer Cyclical 453.0 $204K 0.01% -30.0 -6.2% $449.72 -7.2%
Page 10 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%