Filed: 7/22/2025ACC: 0001621225-25-000006
📋 What this filing means
MERIT FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 1694 equity positions with a total reported market value of $8.97B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1694
Positions
$8.97B
Total AUM (reported)
120.55M
Total Shares
Allocation by class
COM$2.21B24.7%
GROWTH ETF$358.37M4.0%
GMO US QUALITY E$233.78M2.6%
CORE S&P US GWT$231.55M2.6%
CORE S&P US VLU$216.56M2.4%
S&P 500 ETF SHS$170.32M1.9%
CL A$169.83M1.9%
Portfolio Concentration
Top 3$823.70M9.2%
4–10$1.16B12.9%
11–25$1.62B18.1%
Rest$5.36B59.8%
Top 3 weight
9.2%
Top 10 weight
22.1%
Voting Authority Distribution
Total shares with voting rights: 120.55M
Sole
Full voting authority
170.79K
shares
% of voting shares0.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
120.38M
shares
% of voting shares99.9%
Investment Discretion (by position count)
Sole1694
Shared0
Other0
Dominant voting typeNone · 99.9% of voting shares
Institutional Holdings1694
Rows:
VANGUARD INDEX FDS
SOLEShares817.45K
TypeSH
Market value$358.37M
4.00%
Sole
529.00
Shared
0.00
None
816.92K
2023 ETF SERIES TRUST II
SOLEShares6.82M
TypeSH
Market value$233.78M
2.61%
Sole
5.78K
Shared
0.00
None
6.82M
ISHARES TR
SOLEShares1.54M
TypeSH
Market value$231.55M
2.58%
Sole
1.27K
Shared
0.00
None
1.54M
ISHARES TR
SOLEShares2.29M
TypeSH
Market value$216.56M
2.41%
Sole
2.63K
Shared
0.00
None
2.29M
VANGUARD INDEX FDS
SOLEShares299.85K
TypeSH
Market value$170.32M
1.90%
Sole
2.18K
Shared
0.00
None
297.67K
ISHARES TR
SOLEShares2.61M
TypeSH
Market value$159.15M
1.77%
Sole
3.19K
Shared
0.00
None
2.61M
ISHARES TR
SOLEShares253.96K
TypeSH
Market value$157.68M
1.76%
Sole
78.00
Shared
0.00
None
253.88K
VANGUARD INDEX FDS
SOLEShares875.97K
TypeSH
Market value$154.82M
1.73%
Sole
0.00
Shared
0.00
None
875.97K
SPDR SERIES TRUST
SOLEShares5.17M
TypeSH
Market value$151.33M
1.69%
Sole
5.87K
Shared
0.00
None
5.16M
APPLE INC
SOLEShares735.88K
TypeSH
Market value$150.98M
1.68%
Sole
2.56K
Shared
0.00
None
733.32K
MICROSOFT CORP
SOLEShares303.47K
TypeSH
Market value$150.95M
1.68%
Sole
1.21K
Shared
0.00
None
302.26K
SPDR SERIES TRUST
SOLEShares5.09M
TypeSH
Market value$146.42M
1.63%
Sole
6.46K
Shared
0.00
None
5.08M
VANGUARD WORLD FD
SOLEShares357.83K
TypeSH
Market value$131.03M
1.46%
Sole
697.00
Shared
0.00
None
357.13K
ISHARES TR
SOLEShares654.16K
TypeSH
Market value$119.59M
1.33%
Sole
937.00
Shared
0.00
None
653.22K
VANGUARD INDEX FDS
SOLEShares370.97K
TypeSH
Market value$112.75M
1.26%
Sole
1.72K
Shared
0.00
None
369.25K
AMERICAN CENTY ETF TR
SOLEShares1.71M
TypeSH
Market value$111.83M
1.25%
Sole
1.92K
Shared
0.00
None
1.71M
NVIDIA CORPORATION
SOLEShares702.75K
TypeSH
Market value$111.03M
1.24%
Sole
4.31K
Shared
0.00
None
698.44K
ISHARES TR
SOLEShares1.71M
TypeSH
Market value$108.60M
1.21%
Sole
2.18K
Shared
0.00
None
1.71M
ISHARES TR
SOLEShares1.14M
TypeSH
Market value$107.00M
1.19%
Sole
1.34K
Shared
0.00
None
1.14M
BLACKROCK ETF TRUST
SOLEShares1.78M
TypeSH
Market value$96.85M
1.08%
Sole
3.18K
Shared
0.00
None
1.78M
INVESCO QQQ TR
SOLEShares166.06K
TypeSH
Market value$91.61M
1.02%
Sole
2.35K
Shared
0.00
None
163.71K
UNITED PARCEL SERVICE INC
SOLEShares901.29K
TypeSH
Market value$87.07M
0.97%
Sole
82.00
Shared
0.00
None
901.21K
VANGUARD WORLD FD
SOLEShares639.17K
TypeSH
Market value$83.86M
0.94%
Sole
956.00
Shared
0.00
None
638.21K
AMAZON COM INC
SOLEShares381.76K
TypeSH
Market value$83.76M
0.93%
Sole
1.56K
Shared
0.00
None
380.20K
ISHARES INC
SOLEShares1.38M
TypeSH
Market value$82.55M
0.92%
Sole
1.08K
Shared
0.00
None
1.37M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | GROWTH ETF | 817.45K | SH | $358.37M 4.00% | 529.00 | 0.00 | 816.92K |
2023 ETF SERIES TRUST IISOLE | GMO US QUALITY E | 6.82M | SH | $233.78M 2.61% | 5.78K | 0.00 | 6.82M |
ISHARES TRSOLE | CORE S&P US GWT | 1.54M | SH | $231.55M 2.58% | 1.27K | 0.00 | 1.54M |
ISHARES TRSOLE | CORE S&P US VLU | 2.29M | SH | $216.56M 2.41% | 2.63K | 0.00 | 2.29M |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 299.85K | SH | $170.32M 1.90% | 2.18K | 0.00 | 297.67K |
ISHARES TRSOLE | MSCI ACWI EX US | 2.61M | SH | $159.15M 1.77% | 3.19K | 0.00 | 2.61M |
ISHARES TRSOLE | CORE S&P500 ETF | 253.96K | SH | $157.68M 1.76% | 78.00 | 0.00 | 253.88K |
VANGUARD INDEX FDSSOLE | VALUE ETF | 875.97K | SH | $154.82M 1.73% | 0.00 | 0.00 | 875.97K |
SPDR SERIES TRUSTSOLE | PORTFOLIO SH TSR | 5.17M | SH | $151.33M 1.69% | 5.87K | 0.00 | 5.16M |
APPLE INCSOLE | COM | 735.88K | SH | $150.98M 1.68% | 2.56K | 0.00 | 733.32K |
MICROSOFT CORPSOLE | COM | 303.47K | SH | $150.95M 1.68% | 1.21K | 0.00 | 302.26K |
SPDR SERIES TRUSTSOLE | PORTFLI INTRMDIT | 5.09M | SH | $146.42M 1.63% | 6.46K | 0.00 | 5.08M |
VANGUARD WORLD FDSOLE | MEGA GRWTH IND | 357.83K | SH | $131.03M 1.46% | 697.00 | 0.00 | 357.13K |
ISHARES TRSOLE | MSCI USA QLT FCT | 654.16K | SH | $119.59M 1.33% | 937.00 | 0.00 | 653.22K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 370.97K | SH | $112.75M 1.26% | 1.72K | 0.00 | 369.25K |
AMERICAN CENTY ETF TRSOLE | AVANTIS ALL INT | 1.71M | SH | $111.83M 1.25% | 1.92K | 0.00 | 1.71M |
NVIDIA CORPORATIONSOLE | COM | 702.75K | SH | $111.03M 1.24% | 4.31K | 0.00 | 698.44K |
ISHARES TRSOLE | EAFE VALUE ETF | 1.71M | SH | $108.60M 1.21% | 2.18K | 0.00 | 1.71M |
ISHARES TRSOLE | MBS ETF | 1.14M | SH | $107.00M 1.19% | 1.34K | 0.00 | 1.14M |
BLACKROCK ETF TRUSTSOLE | ISHARES US EQUIT | 1.78M | SH | $96.85M 1.08% | 3.18K | 0.00 | 1.78M |
INVESCO QQQ TRSOLE | UNIT SER 1 | 166.06K | SH | $91.61M 1.02% | 2.35K | 0.00 | 163.71K |
UNITED PARCEL SERVICE INCSOLE | CL B | 901.29K | SH | $87.07M 0.97% | 82.00 | 0.00 | 901.21K |
VANGUARD WORLD FDSOLE | MEGA CAP VAL ETF | 639.17K | SH | $83.86M 0.94% | 956.00 | 0.00 | 638.21K |
AMAZON COM INCSOLE | COM | 381.76K | SH | $83.76M 0.93% | 1.56K | 0.00 | 380.20K |
ISHARES INCSOLE | CORE MSCI EMKT | 1.38M | SH | $82.55M 0.92% | 1.08K | 0.00 | 1.37M |
Page 1 of 68
…