MFG

Merit Financial Group Portfolio holdings

AUM $6.67B

AUM

$6.67B

AUM Growth

+$1.11B (+20%)

Cap. Flow

+$1.26B

Cap. Flow % of AUM

18.83%

Top 10 Holdings %Top 10 Hldgs %

22.65%

Holding

1,450

New

303

Increased

824

Reduced

249

Closed

Top Buys

1	iShares MSCI ACWI ex US ETF ACWX	$94.4M
2	iShares Core S&P US Growth ETF IUSG	$75.9M
3	BlackRock US Equity Factor Rotation ETF DYNF	$61.4M
4	iShares Core S&P US Value ETF IUSV	$56M
5	iShares MSCI USA Quality Factor ETF QUAL	$54.1M

Top Sells

1	Invesco S&P 500 Low Volatility ETF SPLV	$88M
2	iShares Core MSCI EAFE ETF IEFA	$79.5M
3	Vanguard FTSE Developed Markets ETF VEA	$18.1M
4	Vanguard Short-Term Treasury ETF VGSH	$13.9M
5	American Century Diversified Corporate Bond ETF KORP	$12.5M

Sector Composition

1	Technology	8.65%
2	Financials	5.17%
3	Industrials	4.28%
4	Healthcare	3.19%
5	Consumer Discretionary	3.07%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
651	651 DraftKings DKNG $17.4B	$1.01M	0.02%	30,278	New	+$1.01M
652	652 Ulta Beauty ULTA $18.4B	$1M	0.01%	2,738 +1,806	+194%	+$662K
653	653 McCormick & Company Non-Voting MKC $19.1B	$1,000K	0.01%	12,147 +2,375	+24%	+$195K
654	654 SPDR S&P Oil & Gas Exploration & Production ETF XOP $1.8B	$995K	0.01%	7,555 -453	-6%	-$59.7K
655	655 Vertiv VRT $39.7B	$990K	0.01%	13,709 +7,287	+113%	+$526K
656	656 Vanguard FTSE All-World ex-US ETF VEU $43.9B	$987K	0.01%	16,273 -1,481	-8%	-$89.8K
657	657 Invesco National AMT-Free Municipal Bond ETF PZA $2.78B	$986K	0.01%	42,782 -764	-2%	-$17.6K
658	658 KeyCorp KEY $17.2B	$984K	0.01%	61,528 +3,121	+5%	+$49.9K
659	659 Robinhood HOOD $55.7B	$983K	0.01%	23,625 +5,686	+32%	+$237K
660	660 Unum UNM $14B	$983K	0.01%	12,070 +7,574	+168%	+$617K
661	661 iShares iBonds Dec 2025 Term Corporate ETF IBDQ $3.07B	$981K	0.01%	39,004 -3,410	-8%	-$85.8K
662	662 Old Republic International ORI $9.25B	$980K	0.01%	24,982 +19,254	+336%	+$755K
663	663 Invesco Dorsey Wright Momentum ETF PDP $1.22B	$978K	0.01%	9,779 -2,399	-20%	-$240K
664	664 PPL Corp PPL $25.6B	$961K	0.01%	26,601 +15,966	+150%	+$577K
665	FSCO 665 FS Credit Opportunities Corp FSCO $1.4B	$958K	0.01%	135,875 -4,508	-3%	-$31.8K
666	666 SPDR S&P 400 Mid Cap Growth ETF MDYG $2.18B	$953K	0.01%	11,988 -24,198	-67%	-$1.92M
667	667 Toll Brothers TOL $10.3B	$945K	0.01%	8,951 +2,969	+50%	+$313K
668	668 CSX Corp CSX $57.9B	$944K	0.01%	32,091 +6,427	+25%	+$189K
669	669 iShares US Consumer Staples ETF IYK $1.52B	$942K	0.01%	13,162 -146	-1%	-$10.5K
670	670 HF Sinclair DINO $6.7B	$940K	0.01%	28,589 +21,074	+280%	+$693K
671	671 American Superconductor AMSC $999M	$939K	0.01%	51,751 -191	-0.4%	-$3.47K
672	672 T Rowe Price TROW $20.5B	$937K	0.01%	10,201 -3,079	-23%	-$283K
673	673 EQT Corp EQT $33.3B	$937K	0.01%	17,532 +12,884	+277%	+$688K
674	674 Baker Hughes BKR $36.4B	$933K	0.01%	21,220 +10,961	+107%	+$482K
675	675 TriNet TNET $3.93B	$932K	0.01%	11,762 -1,662	-12%	-$132K