Latest Meritage Group LP Stock Portfolio
Meritage Group LP Performance:
2024 Q3: 10.35%YTD: 16.54%2023: 44.08%
Performance for 2024 Q3 is 10.35%, and YTD is 16.54%, and 2023 is 44.08%.
About Meritage Group LP and 13F Hedge Fund Stock Holdings
Meritage Group LP is a hedge fund based in SAN FRANCISCO, CA. On 06-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $13 Billions. In it's latest 13F Holdings report, Meritage Group LP reported an equity portfolio of $4.3 Billions as of 30 Sep, 2024.
The top stock holdings of Meritage Group LP are TRU, ADSK, AON. The fund has invested 10.5% of it's portfolio in TRANSUNION and 8.4% of portfolio in AUTODESK INC.
The fund managers got completely rid off DOW INC (DOW), REPUBLIC SVCS INC (RSG) and TYSON FOODS INC (TSN) stocks. They significantly reduced their stock positions in SPDR S&P 500 ETF TR (SPY), TRANSDIGM GROUP INC (TDG) and GE AEROSPACE (GE). Meritage Group LP opened new stock positions in AIRBNB INC (ABNB), HCA HEALTHCARE INC (HCA) and UNITEDHEALTH GROUP INC (UNH). The fund showed a lot of confidence in some stocks as they added substantially to PROCORE TECHNOLOGIES INC (PCOR), TOAST INC (TOST) and CRH PLC (CRH).
The top stock holdings of Meritage Group LP are TRU, ADSK, AON. The fund has invested 10.5% of it's portfolio in TRANSUNION and 8.4% of portfolio in AUTODESK INC.
The fund managers got completely rid off DOW INC (DOW), REPUBLIC SVCS INC (RSG) and TYSON FOODS INC (TSN) stocks. They significantly reduced their stock positions in SPDR S&P 500 ETF TR (SPY), TRANSDIGM GROUP INC (TDG) and GE AEROSPACE (GE). Meritage Group LP opened new stock positions in AIRBNB INC (ABNB), HCA HEALTHCARE INC (HCA) and UNITEDHEALTH GROUP INC (UNH). The fund showed a lot of confidence in some stocks as they added substantially to PROCORE TECHNOLOGIES INC (PCOR), TOAST INC (TOST) and CRH PLC (CRH).
Meritage Group LP Annual Return Estimates Vs S&P 500
Our best estimate is that Meritage Group LP made a return of 10.35% in the last quarter. In trailing 12 months, it's portfolio return was 35.38%.
New Buys
| Ticker | $ Bought |
|---|---|
| airbnb inc | 160,985,000 |
| hca healthcare inc | 150,548,000 |
| unitedhealth group inc | 17,540,400 |
| restaurant brands intl inc | 4,038,720 |
New stocks bought by Meritage Group LP
Additions
| Ticker | % Inc. |
|---|---|
| procore technologies inc | 66.65 |
| analog devices inc | 0.21 |
| canadian pacific kansas city | 0.21 |
| crh plc | 0.21 |
| charles riv labs intl inc | 0.21 |
| toast inc | 0.21 |
| workday inc | 0.21 |
Additions to existing portfolio by Meritage Group LP
Reductions
| Ticker | % Reduced |
|---|---|
| spdr s&p 500 etf tr | -71.52 |
| transdigm group inc | -35.36 |
| ge aerospace | -35.04 |
| agilent technologies inc | -32.37 |
| transunion | -17.6 |
| amazon com inc | -10.03 |
| aon plc | -8.78 |
| autodesk inc | -7.8 |
Meritage Group LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| warner bros discovery inc | -106,161 |
| carnival corp | -229,283 |
| dow inc | -352,252 |
| tyson foods inc | -348,954 |
| hasbro inc | -333,626 |
| news corp new | -149,530 |
| mccormick & co inc | -320,791 |
| stanley black & decker inc | -343,926 |
Meritage Group LP got rid off the above stocks
Sector Distribution
Meritage Group LP has about 35.2% of it's holdings in Industrials sector.
| Sector | % |
|---|---|
| Industrials | 35.2 |
| Technology | 25.6 |
| Healthcare | 14 |
| Consumer Cyclical | 10.3 |
| Financial Services | 8.1 |
| Basic Materials | 6.1 |
Market Cap. Distribution
Meritage Group LP has about 89.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 83 |
| MEGA-CAP | 6.9 |
| MID-CAP | 4 |
| UNALLOCATED | 3.7 |
| SMALL-CAP | 2.5 |
Stocks belong to which Index?
About 65.1% of the stocks held by Meritage Group LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 62.6 |
| Others | 34.9 |
| RUSSELL 2000 | 2.5 |
Meritage Group LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Meritage Group LP
Meritage Group LP has 22 stocks in it's portfolio. About 72.5% of the portfolio is in top 10 stocks. AMZN proved to be the most loss making stock for the portfolio. TRU was the most profitable stock for Meritage Group LP last quarter.
Last Reported on: 15 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 4.63 | 1,334,960 | 198,215,000 | reduced | -32.37 | ||
| ABNB | airbnb inc | 3.76 | 1,269,500 | 160,985,000 | new | |||
| ADI | analog devices inc | 4.06 | 755,224 | 173,830,000 | added | 0.21 | ||
| ADSK | autodesk inc | 8.42 | 1,307,800 | 360,272,000 | reduced | -7.8 | ||
| ALL | allstate corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMZN | amazon com inc | 6.47 | 1,485,980 | 276,883,000 | reduced | -10.03 | ||
| AON | aon plc | 8.05 | 996,211 | 344,679,000 | reduced | -8.78 | ||
| BIO | bio rad labs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BX | blackstone inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CCL | carnival corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CDW | cdw corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CHD | church & dwight co inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CHRW | c h robinson worldwide inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CINF | cincinnati finl corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CP | canadian pacific kansas city | 7.54 | 3,773,480 | 322,803,000 | added | 0.21 | ||
| CRH | crh plc | 3.54 | 1,633,100 | 151,453,000 | added | 0.21 | ||
| CRL | charles riv labs intl inc | 5.46 | 1,185,170 | 233,442,000 | added | 0.21 | ||
| CRM | salesforce inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DLTR | dollar tree inc | 0.53 | 325,241 | 22,870,900 | unchanged | 0.00 | ||
| DOW | dow inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||