Merit Financial Group Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P US Value ETF
IUSV
|
+$201M |
| 2 |
Microsoft
MSFT
|
+$35.8M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$32.5M |
| 4 |
Apple
AAPL
|
+$26.8M |
| 5 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$26.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab US Dividend Equity ETF
SCHD
|
+$186M |
| 2 |
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
|
+$23.5M |
| 3 |
Vanguard Morningstar Growth ETF
VUG
|
+$15.9M |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$13.3M |
| 5 |
Invesco RAFI Strategic US ETF
IUS
|
+$11.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.47% |
| 2 | Industrials | 5.56% |
| 3 | Financials | 4.09% |
| 4 | Consumer Discretionary | 2.7% |
| 5 | Healthcare | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WCLD
926
WisdomTree Cloud Computing Fund
WCLD
$270M
| – | – |
-5,940
| Closed | -$208K |
|
927
WIX.com
WIX
$2.56B
| – | – |
-4,261
| Closed | -$524K |
|
928
Inspire International ETF
WWJD
$550M
| – | – |
-6,937
| Closed | -$205K |
|
929
State Street SPDR S&P Biotech ETF
XBI
$10B
| – | – |
-2,461
| Closed | -$220K |
|
|
PDCO
930
DELISTED
Patterson Companies, Inc.
PDCO
| – | – |
-15,227
| Closed | -$433K |
|
|
PXD
931
DELISTED
Pioneer Natural Resource Co.
PXD
| – | – |
-1,883
| Closed | -$424K |
|
Similar funds
Merit Financial Group's Q1 2024 Portfolio in Review
As of Q1 2024, Merit Financial Group held 933 positions worth $4.2B, up 28% from $3.29B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Merit Financial Group deployed $881M of net new capital in Q1 2024, opening 161 new positions and adding to 475 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 404,711 shares worth $17.6M.
By sector, the portfolio is most concentrated in Technology at 7.5% of assets, up from 5.9% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Schwab US Dividend Equity ETF, an estimated $186M trimmed.
- Merit Financial Group's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 404,711 shares worth $17.6M.
- Merit Financial Group added most to iShares Core S&P US Value ETF in Q1 2024, an estimated $201M increase.
- Merit Financial Group's biggest Q1 2024 reduction was Schwab US Dividend Equity ETF, cutting an estimated $186M.
- Merit Financial Group fully exited First Trust Emerging Markets Small Cap AlphaDEX Fund in Q1 2024, selling an estimated $4.4M.
- Merit Financial Group's ten largest holdings make up 36% of its $4.2B portfolio in Q1 2024.
- Merit Financial Group opened 161 new positions and closed 70 in Q1 2024.
- Merit Financial Group's portfolio value rose 28% quarter-over-quarter to $4.2B.
Based on Merit Financial Group's 13F filing for Q1 2024, filed 6 May 2024.