MERIT FINANCIAL GROUP, LLC

Filed: 8/1/2023ACC: 0001621225-23-000008

📋 What this filing means

MERIT FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 743 equity positions with a total reported market value of $3.09B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

743

Positions

$3.09B

Total AUM (reported)

42.78M

Total Shares

Allocation by class

COM$612.11M19.8%

S&P 500 ETF SHS$252.23M8.2%

US DIVIDEND EQ$219.46M7.1%

GROWTH ETF$189.62M6.1%

CL B$158.83M5.1%

SHORT TERM TREAS$97.67M3.2%

CORE MSCI EAFE$86.49M2.8%

Portfolio Concentration

Top 3$661.31M21.4%

4–10$623.53M20.2%

11–25$430.81M13.9%

Rest$1.37B44.5%

Top 3 weight

21.4%

Top 10 weight

41.6%

Voting Authority Distribution

Total shares with voting rights: 42.78M

Sole

Full voting authority

3.06K

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

42.78M

% of voting shares100.0%

Investment Discretion (by position count)

Sole743

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings743

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares619.31K

TypeSH

Market value$252.23M

8.16%

Sole

0.00

Shared

0.00

None

619.31K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares3.02M

TypeSH

Market value$219.46M

7.10%

Sole

0.00

Shared

0.00

None

3.02M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares670.14K

TypeSH

Market value$189.62M

6.14%

Sole

0.00

Shared

0.00

None

670.14K

UNITED PARCEL SERVICE INC

SOLE

CL B

Shares873.47K

TypeSH

Market value$156.57M

5.07%

Sole

17.00

Shared

0.00

None

873.45K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.69M

TypeSH

Market value$97.67M

3.16%

Sole

0.00

Shared

0.00

None

1.69M

ISHARES TR

SOLE

CORE MSCI EAFE

Shares1.28M

TypeSH

Market value$86.49M

2.80%

Sole

0.00

Shared

0.00

None

1.28M

APPLE INC

SOLE

COM

Shares433.37K

TypeSH

Market value$84.06M

2.72%

Sole

194.00

Shared

0.00

None

433.18K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares1.82M

TypeSH

Market value$70.62M

2.29%

Sole

0.00

Shared

0.00

None

1.82M

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares865.77K

TypeSH

Market value$65.13M

2.11%

Sole

0.00

Shared

0.00

None

865.77K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares141.32K

TypeSH

Market value$62.99M

2.04%

Sole

0.00

Shared

0.00

None

141.32K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares255.83K

TypeSH

Market value$56.35M

1.82%

Sole

0.00

Shared

0.00

None

255.83K

MICROSOFT CORP

SOLE

COM

Shares151.83K

TypeSH

Market value$51.70M

1.67%

Sole

96.00

Shared

0.00

None

151.73K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares348.59K

TypeSH

Market value$47.78M

1.55%

Sole

0.00

Shared

0.00

None

348.59K

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares618.99K

TypeSH

Market value$32.26M

1.04%

Sole

0.00

Shared

0.00

None

618.99K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares184.44K

TypeSH

Market value$24.88M

0.81%

Sole

0.00

Shared

0.00

None

184.44K

AMAZON COM INC

SOLE

COM

Shares189.74K

TypeSH

Market value$24.73M

0.80%

Sole

110.00

Shared

0.00

None

189.63K

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares400.34K

TypeSH

Market value$24.42M

0.79%

Sole

0.00

Shared

0.00

None

400.34K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares66.49K

TypeSH

Market value$22.67M

0.73%

Sole

0.00

Shared

0.00

None

66.49K

VANGUARD WORLD FD

SOLE

MEGA CAP VAL ETF

Shares216.04K

TypeSH

Market value$22.42M

0.73%

Sole

0.00

Shared

0.00

None

216.04K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares59.20K

TypeSH

Market value$21.87M

0.71%

Sole

0.00

Shared

0.00

None

59.20K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares437.85K

TypeSH

Market value$21.58M

0.70%

Sole

0.00

Shared

0.00

None

437.85K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares151.50K

TypeSH

Market value$21.53M

0.70%

Sole

0.00

Shared

0.00

None

151.50K

VANGUARD WORLD FD

SOLE

MEGA GRWTH IND

Shares86.16K

TypeSH

Market value$20.27M

0.66%

Sole

0.00

Shared

0.00

None

86.16K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares419.98K

TypeSH

Market value$19.39M

0.63%

Sole

0.00

Shared

0.00

None

419.98K

INVESCO EXCH TRD SLF IDX FD

SOLE

RAFI STRATGIC US

Shares467.47K

TypeSH

Market value$18.95M

0.61%

Sole

0.00

Shared

0.00

None

467.47K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	619.31K	SH	$252.23M 8.16%	0.00	619.31K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	3.02M	SH	$219.46M 7.10%	0.00	3.02M
VANGUARD INDEX FDSSOLE	GROWTH ETF	670.14K	SH	$189.62M 6.14%	0.00	670.14K
UNITED PARCEL SERVICE INCSOLE	CL B	873.47K	SH	$156.57M 5.07%	17.00	873.45K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.69M	SH	$97.67M 3.16%	0.00	1.69M
ISHARES TRSOLE	CORE MSCI EAFE	1.28M	SH	$86.49M 2.80%	0.00	1.28M
APPLE INCSOLE	COM	433.37K	SH	$84.06M 2.72%	194.00	433.18K
SPDR SER TRSOLE	PORTFOLIO S&P600	1.82M	SH	$70.62M 2.29%	0.00	1.82M
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	865.77K	SH	$65.13M 2.11%	0.00	865.77K
ISHARES TRSOLE	CORE S&P500 ETF	141.32K	SH	$62.99M 2.04%	0.00	141.32K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	255.83K	SH	$56.35M 1.82%	0.00	255.83K
MICROSOFT CORPSOLE	COM	151.83K	SH	$51.70M 1.67%	96.00	151.73K
SPDR S&P 500 ETF TRSOLE	TR UNIT	348.59K	SH	$47.78M 1.55%	0.00	348.59K
SPDR SER TRSOLE	PORTFOLIO S&P500	618.99K	SH	$32.26M 1.04%	0.00	618.99K
ISHARES TRSOLE	MSCI USA QLT FCT	184.44K	SH	$24.88M 0.81%	0.00	184.44K
AMAZON COM INCSOLE	COM	189.74K	SH	$24.73M 0.80%	110.00	189.63K
SPDR SER TRSOLE	PRTFLO S&P500 GW	400.34K	SH	$24.42M 0.79%	0.00	400.34K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	66.49K	SH	$22.67M 0.73%	0.00	66.49K
VANGUARD WORLD FDSOLE	MEGA CAP VAL ETF	216.04K	SH	$22.42M 0.73%	0.00	216.04K
INVESCO QQQ TRSOLE	UNIT SER 1	59.20K	SH	$21.87M 0.71%	0.00	59.20K
ISHARES INCSOLE	CORE MSCI EMKT	437.85K	SH	$21.58M 0.70%	0.00	437.85K
VANGUARD INDEX FDSSOLE	VALUE ETF	151.50K	SH	$21.53M 0.70%	0.00	151.50K
VANGUARD WORLD FDSOLE	MEGA GRWTH IND	86.16K	SH	$20.27M 0.66%	0.00	86.16K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	419.98K	SH	$19.39M 0.63%	0.00	419.98K
INVESCO EXCH TRD SLF IDX FDSOLE	RAFI STRATGIC US	467.47K	SH	$18.95M 0.61%	0.00	467.47K

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