Merit Financial Group Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$61.3M |
| 2 |
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
USFR
|
+$9.32M |
| 3 |
State Street SPDR MSCI USA StrategicFactors ETF
QUS
|
+$5.87M |
| 4 |
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
|
+$5.63M |
| 5 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$2.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$78.7M |
| 2 |
ProShares Large Cap Core Plus
CSM
|
+$57.6M |
| 3 |
Vanguard Morningstar Growth ETF
VUG
|
+$7.6M |
| 4 |
iShares MSCI USA Value Factor ETF
VLUE
|
+$2.86M |
| 5 |
First Trust Mid Cap Value AlphaDEX Fund
FNK
|
+$2.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 1.74% |
| 2 | Technology | 1.67% |
| 3 | Healthcare | 1.13% |
| 4 | Industrials | 1.13% |
| 5 | Communication Services | 1.02% |
Similar funds
Merit Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Merit Financial Group held 254 positions worth $895M, down 21% from $1.13B the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Merit Financial Group withdrew a net $52.6M in Q1 2020, closing 31 positions and reducing 68 holdings. Its most notable exit was iShares MSCI USA Value Factor ETF, an estimated $2.86M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 1.7% of assets, up from 1.6% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Merit Financial Group opened a new position in Invesco S&P MidCap Low Volatility ETF worth $2.06M.
- Merit Financial Group's largest Q1 2020 buy was Invesco S&P MidCap Low Volatility ETF: 51,598 shares worth $2.06M.
- Merit Financial Group added most to iShares MSCI USA Min Vol Factor ETF in Q1 2020, an estimated $61.3M increase.
- Merit Financial Group's biggest Q1 2020 reduction was State Street SPDR Bloomberg Investment Grade Floating Rate ETF, cutting an estimated $78.7M.
- Merit Financial Group fully exited iShares MSCI USA Value Factor ETF in Q1 2020, selling an estimated $2.86M.
- Merit Financial Group's ten largest holdings make up 78% of its $895M portfolio in Q1 2020.
- Merit Financial Group opened 22 new positions and closed 31 in Q1 2020.
- Merit Financial Group's portfolio value fell 21% quarter-over-quarter to $895M.
Based on Merit Financial Group's 13F filing for Q1 2020, filed 5 May 2020.