MERITAGE PORTFOLIO MANAGEMENT

Q3 2025 13F-HR Holdings

Location
Overland Park, KS
Holdings as of
9/30/2025
Date filed
10/28/2025
Form type
13F-HR
Num holdings
328
Total value ($000)
$1,501,490
Net value change ($000)
-78,372 (-5.0%)
New positions
20
Sold out positions
18
Turnover %
5.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/25/2025 Next filing: 1/27/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CTSH 12,704 NEW
TWLO 7,639 NEW
GOOGL 7,120 11.3%
REGN 5,760 95.8%
NVDA 5,433 10.8%
CARG 5,406 NEW
APTV 5,253 NEW
BABA 4,618 23.6%
MGA 3,551 NEW
HSBC 3,286 18.3%
Top Reduces (Value $000, Stocks/ETFs)
SCHG -21,304 -97.1%
FTNT -14,598 -55.6%
MSFT -10,968 -12.8%
NVO -10,324 -98.0%
BKNG -6,654 -26.7%
JAZZ -6,475 -100.0%
BNL -5,886 -95.0%
SEB -5,207 -100.0%
IWD -5,073 -33.2%
TPR -4,877 -47.2%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type