MERIT FINANCIAL GROUP, LLC

Filed: 11/7/2023ACC: 0001621225-23-000010

📋 What this filing means

MERIT FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 737 equity positions with a total reported market value of $3.06B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

737

Positions

$3.06B

Total AUM (reported)

43.63M

Total Shares

Allocation by class

COM$597.84M19.6%

S&P 500 ETF SHS$244.64M8.0%

US DIVIDEND EQ$221.78M7.3%

GROWTH ETF$185.81M6.1%

CL B$141.01M4.6%

SHORT TERM TREAS$110.13M3.6%

CORE MSCI EAFE$87.44M2.9%

Portfolio Concentration

Top 3$652.23M21.3%

4–10$624.76M20.4%

11–25$425.94M13.9%

Rest$1.35B44.3%

Top 3 weight

21.3%

Top 10 weight

41.8%

Voting Authority Distribution

Total shares with voting rights: 43.63M

Sole

Full voting authority

128.20K

% of voting shares0.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

43.50M

% of voting shares99.7%

Investment Discretion (by position count)

Sole737

Shared0

Other0

Dominant voting typeNone · 99.7% of voting shares

Institutional Holdings737

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares622.96K

TypeSH

Market value$244.64M

8.00%

Sole

2.79K

Shared

0.00

None

620.18K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares3.13M

TypeSH

Market value$221.78M

7.26%

Sole

5.07K

Shared

0.00

None

3.13M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares682.36K

TypeSH

Market value$185.81M

6.08%

Sole

2.86K

Shared

0.00

None

679.51K

UNITED PARCEL SERVICE INC

SOLE

CL B

Shares890.91K

TypeSH

Market value$138.87M

4.54%

Sole

0.00

Shared

0.00

None

890.91K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.91M

TypeSH

Market value$110.13M

3.60%

Sole

5.54K

Shared

0.00

None

1.91M

ISHARES TR

SOLE

CORE MSCI EAFE

Shares1.36M

TypeSH

Market value$87.44M

2.86%

Sole

6.24K

Shared

0.00

None

1.35M

APPLE INC

SOLE

COM

Shares462.68K

TypeSH

Market value$79.21M

2.59%

Sole

2.27K

Shared

0.00

None

460.40K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares165.53K

TypeSH

Market value$71.08M

2.33%

Sole

162.00

Shared

0.00

None

165.36K

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares976.72K

TypeSH

Market value$70.63M

2.31%

Sole

2.86K

Shared

0.00

None

973.86K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares1.83M

TypeSH

Market value$67.39M

2.21%

Sole

2.01K

Shared

0.00

None

1.82M

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares272.76K

TypeSH

Market value$57.94M

1.90%

Sole

4.64K

Shared

0.00

None

268.12K

MICROSOFT CORP

SOLE

COM

Shares156.52K

TypeSH

Market value$49.42M

1.62%

Sole

2.15K

Shared

0.00

None

154.37K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares343.31K

TypeSH

Market value$40.67M

1.33%

Sole

0.00

Shared

0.00

None

343.31K

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares635.50K

TypeSH

Market value$31.94M

1.05%

Sole

0.00

Shared

0.00

None

635.50K

VANGUARD WORLD FD

SOLE

MEGA CAP VAL ETF

Shares246.40K

TypeSH

Market value$24.98M

0.82%

Sole

0.00

Shared

0.00

None

246.40K

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares415.87K

TypeSH

Market value$24.65M

0.81%

Sole

0.00

Shared

0.00

None

415.87K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares172.48K

TypeSH

Market value$23.79M

0.78%

Sole

3.57K

Shared

0.00

None

168.92K

AMAZON COM INC

SOLE

COM

Shares186.07K

TypeSH

Market value$23.65M

0.77%

Sole

1.28K

Shared

0.00

None

184.79K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares65.81K

TypeSH

Market value$23.05M

0.75%

Sole

196.00

Shared

0.00

None

65.62K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares62.63K

TypeSH

Market value$22.44M

0.73%

Sole

2.35K

Shared

0.00

None

60.28K

VANGUARD WORLD FD

SOLE

MEGA GRWTH IND

Shares96.26K

TypeSH

Market value$21.84M

0.71%

Sole

0.00

Shared

0.00

None

96.26K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares494.87K

TypeSH

Market value$21.64M

0.71%

Sole

0.00

Shared

0.00

None

494.87K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares158.57K

TypeSH

Market value$20.90M

0.68%

Sole

0.00

Shared

0.00

None

158.57K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares420.89K

TypeSH

Market value$20.03M

0.66%

Sole

2.78K

Shared

0.00

None

418.11K

INVESCO EXCH TRD SLF IDX FD

SOLE

RAFI STRATGIC US

Shares476.81K

TypeSH

Market value$18.99M

0.62%

Sole

0.00

Shared

0.00

None

476.81K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	622.96K	SH	$244.64M 8.00%	2.79K	620.18K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	3.13M	SH	$221.78M 7.26%	5.07K	3.13M
VANGUARD INDEX FDSSOLE	GROWTH ETF	682.36K	SH	$185.81M 6.08%	2.86K	679.51K
UNITED PARCEL SERVICE INCSOLE	CL B	890.91K	SH	$138.87M 4.54%	0.00	890.91K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.91M	SH	$110.13M 3.60%	5.54K	1.91M
ISHARES TRSOLE	CORE MSCI EAFE	1.36M	SH	$87.44M 2.86%	6.24K	1.35M
APPLE INCSOLE	COM	462.68K	SH	$79.21M 2.59%	2.27K	460.40K
ISHARES TRSOLE	CORE S&P500 ETF	165.53K	SH	$71.08M 2.33%	162.00	165.36K
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	976.72K	SH	$70.63M 2.31%	2.86K	973.86K
SPDR SER TRSOLE	PORTFOLIO S&P600	1.83M	SH	$67.39M 2.21%	2.01K	1.82M
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	272.76K	SH	$57.94M 1.90%	4.64K	268.12K
MICROSOFT CORPSOLE	COM	156.52K	SH	$49.42M 1.62%	2.15K	154.37K
SPDR S&P 500 ETF TRSOLE	TR UNIT	343.31K	SH	$40.67M 1.33%	0.00	343.31K
SPDR SER TRSOLE	PORTFOLIO S&P500	635.50K	SH	$31.94M 1.05%	0.00	635.50K
VANGUARD WORLD FDSOLE	MEGA CAP VAL ETF	246.40K	SH	$24.98M 0.82%	0.00	246.40K
SPDR SER TRSOLE	PRTFLO S&P500 GW	415.87K	SH	$24.65M 0.81%	0.00	415.87K
VANGUARD INDEX FDSSOLE	VALUE ETF	172.48K	SH	$23.79M 0.78%	3.57K	168.92K
AMAZON COM INCSOLE	COM	186.07K	SH	$23.65M 0.77%	1.28K	184.79K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	65.81K	SH	$23.05M 0.75%	196.00	65.62K
INVESCO QQQ TRSOLE	UNIT SER 1	62.63K	SH	$22.44M 0.73%	2.35K	60.28K
VANGUARD WORLD FDSOLE	MEGA GRWTH IND	96.26K	SH	$21.84M 0.71%	0.00	96.26K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	494.87K	SH	$21.64M 0.71%	0.00	494.87K
ISHARES TRSOLE	MSCI USA QLT FCT	158.57K	SH	$20.90M 0.68%	0.00	158.57K
ISHARES INCSOLE	CORE MSCI EMKT	420.89K	SH	$20.03M 0.66%	2.78K	418.11K
INVESCO EXCH TRD SLF IDX FDSOLE	RAFI STRATGIC US	476.81K	SH	$18.99M 0.62%	0.00	476.81K

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