Latest MERITAGE PORTFOLIO MANAGEMENT Stock Portfolio
MERITAGE PORTFOLIO MANAGEMENT Performance:
2024 Q3: 2.91%YTD: 8.45%2023: 16.24%
Performance for 2024 Q3 is 2.91%, and YTD is 8.45%, and 2023 is 16.24%.
About MERITAGE PORTFOLIO MANAGEMENT and 13F Hedge Fund Stock Holdings
MERITAGE PORTFOLIO MANAGEMENT is a hedge fund based in OVERLAND PARK, KS. On 15-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.9 Billions. In it's latest 13F Holdings report, MERITAGE PORTFOLIO MANAGEMENT reported an equity portfolio of $1.6 Billions as of 30 Sep, 2024.
The top stock holdings of MERITAGE PORTFOLIO MANAGEMENT are AAPL, MSFT, GOOG. The fund has invested 6.8% of it's portfolio in APPLE INC and 5% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off CHEMED CORP (CHE), MERCEDES-BENZ GROUP AG and CITIGROUP INC (C) stocks. They significantly reduced their stock positions in AMERICAN ELECTRIC POWER (AEP), COREBRIDGE FINANCIAL INC (CRBG) and METLIFE INC (MET). MERITAGE PORTFOLIO MANAGEMENT opened new stock positions in HUDBAY MINERALS INC, BROADSTONE NET LEASE INC (BNL) and TIM S A SPONSORED ADR (TIMB). The fund showed a lot of confidence in some stocks as they added substantially to BRISTOL-MYERS SQUIBB (BMY), NORTHWESTERN ENERGY GROUP INC. and ESSENTIAL PROPERTIES REIT (EPRT).
The top stock holdings of MERITAGE PORTFOLIO MANAGEMENT are AAPL, MSFT, GOOG. The fund has invested 6.8% of it's portfolio in APPLE INC and 5% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off CHEMED CORP (CHE), MERCEDES-BENZ GROUP AG and CITIGROUP INC (C) stocks. They significantly reduced their stock positions in AMERICAN ELECTRIC POWER (AEP), COREBRIDGE FINANCIAL INC (CRBG) and METLIFE INC (MET). MERITAGE PORTFOLIO MANAGEMENT opened new stock positions in HUDBAY MINERALS INC, BROADSTONE NET LEASE INC (BNL) and TIM S A SPONSORED ADR (TIMB). The fund showed a lot of confidence in some stocks as they added substantially to BRISTOL-MYERS SQUIBB (BMY), NORTHWESTERN ENERGY GROUP INC. and ESSENTIAL PROPERTIES REIT (EPRT).
MERITAGE PORTFOLIO MANAGEMENT Annual Return Estimates Vs S&P 500
Our best estimate is that MERITAGE PORTFOLIO MANAGEMENT made a return of 2.91% in the last quarter. In trailing 12 months, it's portfolio return was 16.44%.
New Buys
| Ticker | $ Bought |
|---|---|
| hudbay minerals inc | 6,743,000 |
| ping an insurance group | 6,352,000 |
| broadstone net lease inc | 5,610,000 |
| ambev sa | 4,645,000 |
| tim s a sponsored adr | 3,683,000 |
| suncor energy inc | 3,683,000 |
| nn group n.v. | 3,466,000 |
| target corp | 3,351,000 |
New stocks bought by MERITAGE PORTFOLIO MANAGEMENT
Additions
| Ticker | % Inc. |
|---|---|
| bristol-myers squibb | 1,874 |
| northwestern energy group inc. | 1,218 |
| essential properties reit | 1,101 |
| etsy inc. | 152 |
| ark 21shares bitcoin etf | 129 |
| catalyst pharmaceuticals inc | 121 |
| clear secure inc | 108 |
| primerica inc. | 104 |
Additions to existing portfolio by MERITAGE PORTFOLIO MANAGEMENT
Reductions
| Ticker | % Reduced |
|---|---|
| american electric power | -93.05 |
| corebridge financial inc | -91.7 |
| metlife inc | -89.13 |
| mcdonalds | -84.36 |
| radian group inc | -79.49 |
| cisco systems inc | -62.49 |
| cadence design systems inc | -48.86 |
| philip morris international | -42.71 |
MERITAGE PORTFOLIO MANAGEMENT reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| adt corp | -4,845,000 |
| mercedes-benz group ag | -9,787,000 |
| ugi corp | -2,814,000 |
| citigroup inc | -5,326,000 |
| financial select sector spdr | -3,277,000 |
| upbound group inc | -2,201,000 |
| hf sinclair corp | -3,511,000 |
| state street corporation | -4,632,000 |
MERITAGE PORTFOLIO MANAGEMENT got rid off the above stocks
Sector Distribution
MERITAGE PORTFOLIO MANAGEMENT has about 27.9% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 27.9 |
| Others | 24.9 |
| Consumer Cyclical | 8.7 |
| Financial Services | 7.5 |
| Healthcare | 7.2 |
| Communication Services | 5.3 |
| Industrials | 4.9 |
| Energy | 4.6 |
| Consumer Defensive | 3.3 |
| Real Estate | 2.4 |
| Utilities | 2.3 |
Market Cap. Distribution
MERITAGE PORTFOLIO MANAGEMENT has about 60.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 32 |
| LARGE-CAP | 28.8 |
| UNALLOCATED | 24.1 |
| MID-CAP | 13.7 |
| SMALL-CAP | 1.4 |
Stocks belong to which Index?
About 65% of the stocks held by MERITAGE PORTFOLIO MANAGEMENT either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 59.4 |
| Others | 35 |
| RUSSELL 2000 | 5.6 |
MERITAGE PORTFOLIO MANAGEMENT Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of MERITAGE PORTFOLIO MANAGEMENT
MERITAGE PORTFOLIO MANAGEMENT has 336 stocks in it's portfolio. About 28.6% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for MERITAGE PORTFOLIO MANAGEMENT last quarter.
Last Reported on: 04 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 6.78 | 475,250 | 110,733,000 | reduced | -0.81 | ||
| AAXJ | ishares short-term corporate b | 0.61 | 188,001 | 9,900,000 | reduced | -1.47 | ||
| AAXJ | ishares barclays int govt/cred | 0.34 | 52,611 | 5,635,000 | added | 2.16 | ||
| AAXJ | ishares s&p short term nationa | 0.25 | 38,701 | 4,110,000 | reduced | -3.22 | ||
| AAXJ | ishares int-term corp bond etf | 0.23 | 70,513 | 3,788,000 | reduced | -5.89 | ||
| AAXJ | ishares national amt-free muni | 0.10 | 15,456 | 1,679,000 | reduced | -4.35 | ||
| AAXJ | ishares ny muni bd etf | 0.01 | 4,016 | 218,000 | unchanged | 0.00 | ||
| ABBV | abbvie inc | 0.41 | 33,535 | 6,622,000 | reduced | -1.75 | ||
| ABC | cencora inc | 0.79 | 57,321 | 12,902,000 | reduced | -1.00 | ||
| ABT | abbott laboratories | 0.04 | 5,051 | 576,000 | added | 0.9 | ||
| ACGL | arch capital group | 0.36 | 52,524 | 5,876,000 | reduced | -41.86 | ||
| ACIW | aci worldwide inc | 0.05 | 17,246 | 878,000 | added | 98.23 | ||
| ADBE | adobe inc | 0.91 | 28,658 | 14,839,000 | reduced | -1.01 | ||
| ADP | automatic data processing | 0.03 | 1,820 | 504,000 | unchanged | 0.00 | ||
| ADSK | autodesk inc | 0.58 | 34,179 | 9,416,000 | reduced | -0.95 | ||
| ADT | adt corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AEP | american electric power | 0.02 | 3,849 | 395,000 | reduced | -93.05 | ||
| AFL | aflac inc | 0.47 | 68,831 | 7,695,000 | reduced | -2.08 | ||
| AGX | argan inc | 0.03 | 4,793 | 486,000 | new | |||
| AIT | applied industrial technologie | 0.05 | 3,750 | 837,000 | added | 9.27 | ||