Merit Financial Group Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Emerging Markets Dividend ETF
DVYE
|
+$52.2M |
| 2 |
Vanguard Morningstar Growth ETF
VUG
|
+$24.5M |
| 3 |
Vanguard Consumer Staples ETF
VDC
|
+$12.2M |
| 4 |
ARK Innovation ETF
ARKK
|
+$8.14M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$6.57M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$153M |
| 2 |
iShares MSCI EAFE Min Vol Factor ETF
EFAV
|
+$78.2M |
| 3 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$4.74M |
| 4 |
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
|
+$3.98M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$2.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.03% |
| 2 | Consumer Staples | 2.17% |
| 3 | Consumer Discretionary | 2.11% |
| 4 | Industrials | 1.74% |
| 5 | Financials | 1.74% |
Similar funds
Merit Financial Group's Q1 2021 Portfolio in Review
As of Q1 2021, Merit Financial Group held 246 positions worth $956M, down 7.6% from $1.03B the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Merit Financial Group withdrew a net $95.5M in Q1 2021, closing 12 positions and reducing 53 holdings. Its most notable exit was State Street SPDR US Large Cap Low Volatility Index ETF, an estimated $3.98M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.8% a quarter earlier, followed by Consumer Staples and Consumer Discretionary.
Against the trend, Merit Financial Group opened a new position in Amplify Blockchain Technology ETF worth $3.02M.
- Merit Financial Group's largest Q1 2021 buy was Amplify Blockchain Technology ETF: 54,121 shares worth $3.02M.
- Merit Financial Group added most to iShares Emerging Markets Dividend ETF in Q1 2021, an estimated $52.2M increase.
- Merit Financial Group's biggest Q1 2021 reduction was iShares MSCI USA Min Vol Factor ETF, cutting an estimated $153M.
- Merit Financial Group fully exited State Street SPDR US Large Cap Low Volatility Index ETF in Q1 2021, selling an estimated $3.98M.
- Merit Financial Group's ten largest holdings make up 71% of its $956M portfolio in Q1 2021.
- Merit Financial Group opened 32 new positions and closed 12 in Q1 2021.
- Merit Financial Group's portfolio value fell 7.6% quarter-over-quarter to $956M.
Based on Merit Financial Group's 13F filing for Q1 2021, filed 18 May 2021.