MERIT FINANCIAL GROUP, LLC

Filed: 2/6/2024ACC: 0001621225-24-000001

📋 What this filing means

MERIT FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 773 equity positions with a total reported market value of $3.29B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

773

Positions

$3.29B

Total AUM (reported)

43.67M

Total Shares

Allocation by class

COM$533.10M16.2%

S&P 500 ETF SHS$260.91M7.9%

US DIVIDEND EQ$234.75M7.1%

GROWTH ETF$215.06M6.5%

CL B$139.94M4.3%

PORTFLI INTRMDIT$118.81M3.6%

CORE MSCI EAFE$100.06M3.0%

Portfolio Concentration

Top 3$710.72M21.6%

4–10$665.19M20.2%

11–25$564.38M17.2%

Rest$1.35B41.0%

Top 3 weight

21.6%

Top 10 weight

41.9%

Voting Authority Distribution

Total shares with voting rights: 43.67M

Sole

Full voting authority

141.40K

% of voting shares0.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

43.53M

% of voting shares99.7%

Investment Discretion (by position count)

Sole773

Shared0

Other0

Dominant voting typeNone · 99.7% of voting shares

Institutional Holdings773

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares597.32K

TypeSH

Market value$260.91M

7.94%

Sole

2.79K

Shared

0.00

None

594.52K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares3.08M

TypeSH

Market value$234.75M

7.14%

Sole

4.76K

Shared

0.00

None

3.08M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares691.79K

TypeSH

Market value$215.06M

6.54%

Sole

2.86K

Shared

0.00

None

688.92K

UNITED PARCEL SERVICE INC

SOLE

CL B

Shares881.54K

TypeSH

Market value$138.61M

4.22%

Sole

83.00

Shared

0.00

None

881.46K

SPDR SER TR

SOLE

PORTFLI INTRMDIT

Shares4.16M

TypeSH

Market value$118.81M

3.61%

Sole

10.77K

Shared

0.00

None

4.15M

ISHARES TR

SOLE

CORE MSCI EAFE

Shares1.42M

TypeSH

Market value$100.06M

3.04%

Sole

6.28K

Shared

0.00

None

1.42M

ISHARES TR

SOLE

CORE S&P500 ETF

Shares188.11K

TypeSH

Market value$89.85M

2.73%

Sole

164.00

Shared

0.00

None

187.95K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares1.84M

TypeSH

Market value$77.58M

2.36%

Sole

2.03K

Shared

0.00

None

1.84M

APPLE INC

SOLE

COM

Shares377.99K

TypeSH

Market value$72.77M

2.21%

Sole

2.28K

Shared

0.00

None

375.71K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares284.59K

TypeSH

Market value$67.51M

2.05%

Sole

4.67K

Shared

0.00

None

279.92K

ISHARES TR

SOLE

USD INV GRDE ETF

Shares1.29M

TypeSH

Market value$66.07M

2.01%

Sole

3.43K

Shared

0.00

None

1.29M

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.05M

TypeSH

Market value$61.31M

1.87%

Sole

2.85K

Shared

0.00

None

1.05M

MICROSOFT CORP

SOLE

COM

Shares117.29K

TypeSH

Market value$44.10M

1.34%

Sole

2.15K

Shared

0.00

None

115.13K

PIMCO ETF TR

SOLE

ENHAN SHRT MA AC

Shares434.27K

TypeSH

Market value$43.34M

1.32%

Sole

1.07K

Shared

0.00

None

433.20K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares83.79K

TypeSH

Market value$39.83M

1.21%

Sole

0.00

Shared

0.00

None

83.79K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares260.17K

TypeSH

Market value$38.90M

1.18%

Sole

3.58K

Shared

0.00

None

256.60K

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares596.71K

TypeSH

Market value$38.82M

1.18%

Sole

0.00

Shared

0.00

None

596.71K

VANGUARD WORLD FD

SOLE

MEGA CAP VAL ETF

Shares319.62K

TypeSH

Market value$34.96M

1.06%

Sole

0.00

Shared

0.00

None

319.62K

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares619.02K

TypeSH

Market value$34.60M

1.05%

Sole

0.00

Shared

0.00

None

619.02K

VANGUARD WORLD FD

SOLE

MEGA GRWTH IND

Shares126.97K

TypeSH

Market value$32.95M

1.00%

Sole

0.00

Shared

0.00

None

126.97K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares78.91K

TypeSH

Market value$32.32M

0.98%

Sole

2.35K

Shared

0.00

None

76.56K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares551.97K

TypeSH

Market value$26.44M

0.80%

Sole

0.00

Shared

0.00

None

551.97K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares477.70K

TypeSH

Market value$24.16M

0.73%

Sole

2.79K

Shared

0.00

None

474.92K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares164.05K

TypeSH

Market value$24.14M

0.73%

Sole

0.00

Shared

0.00

None

164.05K

SPDR SER TR

SOLE

PRTFLO S&P500 VL

Shares481.34K

TypeSH

Market value$22.44M

0.68%

Sole

0.00

Shared

0.00

None

481.34K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	597.32K	SH	$260.91M 7.94%	2.79K	594.52K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	3.08M	SH	$234.75M 7.14%	4.76K	3.08M
VANGUARD INDEX FDSSOLE	GROWTH ETF	691.79K	SH	$215.06M 6.54%	2.86K	688.92K
UNITED PARCEL SERVICE INCSOLE	CL B	881.54K	SH	$138.61M 4.22%	83.00	881.46K
SPDR SER TRSOLE	PORTFLI INTRMDIT	4.16M	SH	$118.81M 3.61%	10.77K	4.15M
ISHARES TRSOLE	CORE MSCI EAFE	1.42M	SH	$100.06M 3.04%	6.28K	1.42M
ISHARES TRSOLE	CORE S&P500 ETF	188.11K	SH	$89.85M 2.73%	164.00	187.95K
SPDR SER TRSOLE	PORTFOLIO S&P600	1.84M	SH	$77.58M 2.36%	2.03K	1.84M
APPLE INCSOLE	COM	377.99K	SH	$72.77M 2.21%	2.28K	375.71K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	284.59K	SH	$67.51M 2.05%	4.67K	279.92K
ISHARES TRSOLE	USD INV GRDE ETF	1.29M	SH	$66.07M 2.01%	3.43K	1.29M
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.05M	SH	$61.31M 1.87%	2.85K	1.05M
MICROSOFT CORPSOLE	COM	117.29K	SH	$44.10M 1.34%	2.15K	115.13K
PIMCO ETF TRSOLE	ENHAN SHRT MA AC	434.27K	SH	$43.34M 1.32%	1.07K	433.20K
SPDR S&P 500 ETF TRSOLE	TR UNIT	83.79K	SH	$39.83M 1.21%	0.00	83.79K
VANGUARD INDEX FDSSOLE	VALUE ETF	260.17K	SH	$38.90M 1.18%	3.58K	256.60K
SPDR SER TRSOLE	PRTFLO S&P500 GW	596.71K	SH	$38.82M 1.18%	0.00	596.71K
VANGUARD WORLD FDSOLE	MEGA CAP VAL ETF	319.62K	SH	$34.96M 1.06%	0.00	319.62K
SPDR SER TRSOLE	PORTFOLIO S&P500	619.02K	SH	$34.60M 1.05%	0.00	619.02K
VANGUARD WORLD FDSOLE	MEGA GRWTH IND	126.97K	SH	$32.95M 1.00%	0.00	126.97K
INVESCO QQQ TRSOLE	UNIT SER 1	78.91K	SH	$32.32M 0.98%	2.35K	76.56K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	551.97K	SH	$26.44M 0.80%	0.00	551.97K
ISHARES INCSOLE	CORE MSCI EMKT	477.70K	SH	$24.16M 0.73%	2.79K	474.92K
ISHARES TRSOLE	MSCI USA QLT FCT	164.05K	SH	$24.14M 0.73%	0.00	164.05K
SPDR SER TRSOLE	PRTFLO S&P500 VL	481.34K	SH	$22.44M 0.68%	0.00	481.34K

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