Filed: 1/26/2026ACC: 0001621225-26-000003
📋 What this filing means
MERIT FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 1943 equity positions with a total reported market value of $12.47B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1943
Positions
$12.47B
Total AUM (reported)
174.04M
Total Shares
Allocation by class
COM$2.96B23.8%
STATE STREET SPD$426.52M3.4%
GROWTH ETF$399.02M3.2%
GMO US QUALITY E$288.24M2.3%
CORE S&P US GWT$273.15M2.2%
CORE S&P US VLU$266.08M2.1%
MEGA GRWTH IND$261.18M2.1%
Portfolio Concentration
Top 3$960.41M7.7%
4–10$1.51B12.1%
11–25$2.11B17.0%
Rest$7.88B63.2%
Top 3 weight
7.7%
Top 10 weight
19.9%
Voting Authority Distribution
Total shares with voting rights: 174.04M
Sole
Full voting authority
12.89K
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
174.03M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole548
Shared0
Other1395
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings1943
Rows:
VANGUARD INDEX FDS
OTRShares817.89K
TypeSH
Market value$399.02M
3.20%
Sole
0.00
Shared
0.00
None
817.89K
GMO ETF TRUST
OTRShares7.49M
TypeSH
Market value$288.24M
2.31%
Sole
0.00
Shared
0.00
None
7.49M
ISHARES TR
OTRShares1.63M
TypeSH
Market value$273.15M
2.19%
Sole
0.00
Shared
0.00
None
1.63M
ISHARES TR
OTRShares2.59M
TypeSH
Market value$266.08M
2.13%
Sole
0.00
Shared
0.00
None
2.59M
VANGUARD WORLD FD
OTRShares632.74K
TypeSH
Market value$261.18M
2.09%
Sole
105.00
Shared
0.00
None
632.64K
APPLE INC
OTRShares918.29K
TypeSH
Market value$245.63M
1.97%
Sole
5.01K
Shared
0.00
None
913.28K
ISHARES TR
OTRShares288.58K
TypeSH
Market value$197.66M
1.59%
Sole
0.00
Shared
0.00
None
288.58K
VANGUARD INDEX FDS
OTRShares969.10K
TypeSH
Market value$185.09M
1.48%
Sole
0.00
Shared
0.00
None
969.10K
NVIDIA CORPORATION
OTRShares969.91K
TypeSH
Market value$180.89M
1.45%
Sole
3.67K
Shared
0.00
None
966.24K
VANGUARD WORLD FD
OTRShares1.26M
TypeSH
Market value$178.11M
1.43%
Sole
212.00
Shared
0.00
None
1.26M
MICROSOFT CORP
OTRShares367.46K
TypeSH
Market value$177.71M
1.43%
Sole
0.00
Shared
0.00
None
367.46K
BLACKROCK ETF TRUST
OTRShares2.92M
TypeSH
Market value$177.69M
1.43%
Sole
492.00
Shared
0.00
None
2.92M
VANGUARD INDEX FDS
OTRShares282.06K
TypeSH
Market value$176.89M
1.42%
Sole
0.00
Shared
0.00
None
282.06K
ISHARES INC
OTRShares2.58M
TypeSH
Market value$173.75M
1.39%
Sole
411.00
Shared
0.00
None
2.58M
SPDR SERIES TRUST
OTRShares5.76M
TypeSH
Market value$166.06M
1.33%
Sole
0.00
Shared
0.00
None
5.76M
ISHARES TR
OTRShares2.27M
TypeSH
Market value$162.29M
1.30%
Sole
349.00
Shared
0.00
None
2.27M
AMERICAN CENTY ETF TR
OTRShares1.94M
TypeSH
Market value$142.99M
1.15%
Sole
0.00
Shared
0.00
None
1.94M
VICTORY PORTFOLIOS II
OTRShares2.60M
TypeSH
Market value$132.12M
1.06%
Sole
0.00
Shared
0.00
None
2.60M
VICTORY PORTFOLIOS II
OTRShares5.82M
TypeSH
Market value$128.03M
1.03%
Sole
0.00
Shared
0.00
None
5.82M
ISHARES TR
OTRShares1.27M
TypeSH
Market value$121.03M
0.97%
Sole
0.00
Shared
0.00
None
1.27M
BLACKROCK ETF TRUST II
OTRShares2.22M
TypeSH
Market value$117.09M
0.94%
Sole
156.00
Shared
0.00
None
2.22M
SPDR INDEX SHS FDS
OTRShares3.19M
TypeSH
Market value$114.44M
0.92%
Sole
0.00
Shared
0.00
None
3.19M
AMAZON COM INC
OTRShares481.29K
TypeSH
Market value$111.09M
0.89%
Sole
400.00
Shared
0.00
None
480.89K
INVESCO QQQ TR
OTRShares177.42K
TypeSH
Market value$108.99M
0.87%
Sole
0.00
Shared
0.00
None
177.42K
ALPHABET INC
SOLEShares332.70K
TypeSH
Market value$103.90M
0.83%
Sole
0.00
Shared
0.00
None
332.70K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSOTR | GROWTH ETF | 817.89K | SH | $399.02M 3.20% | 0.00 | 0.00 | 817.89K |
GMO ETF TRUSTOTR | GMO US QUALITY E | 7.49M | SH | $288.24M 2.31% | 0.00 | 0.00 | 7.49M |
ISHARES TROTR | CORE S&P US GWT | 1.63M | SH | $273.15M 2.19% | 0.00 | 0.00 | 1.63M |
ISHARES TROTR | CORE S&P US VLU | 2.59M | SH | $266.08M 2.13% | 0.00 | 0.00 | 2.59M |
VANGUARD WORLD FDOTR | MEGA GRWTH IND | 632.74K | SH | $261.18M 2.09% | 105.00 | 0.00 | 632.64K |
APPLE INCOTR | COM | 918.29K | SH | $245.63M 1.97% | 5.01K | 0.00 | 913.28K |
ISHARES TROTR | CORE S&P500 ETF | 288.58K | SH | $197.66M 1.59% | 0.00 | 0.00 | 288.58K |
VANGUARD INDEX FDSOTR | VALUE ETF | 969.10K | SH | $185.09M 1.48% | 0.00 | 0.00 | 969.10K |
NVIDIA CORPORATIONOTR | COM | 969.91K | SH | $180.89M 1.45% | 3.67K | 0.00 | 966.24K |
VANGUARD WORLD FDOTR | MEGA CAP VAL ETF | 1.26M | SH | $178.11M 1.43% | 212.00 | 0.00 | 1.26M |
MICROSOFT CORPOTR | COM | 367.46K | SH | $177.71M 1.43% | 0.00 | 0.00 | 367.46K |
BLACKROCK ETF TRUSTOTR | ISHARES US EQUIT | 2.92M | SH | $177.69M 1.43% | 492.00 | 0.00 | 2.92M |
VANGUARD INDEX FDSOTR | S&P 500 ETF SHS | 282.06K | SH | $176.89M 1.42% | 0.00 | 0.00 | 282.06K |
ISHARES INCOTR | CORE MSCI EMKT | 2.58M | SH | $173.75M 1.39% | 411.00 | 0.00 | 2.58M |
SPDR SERIES TRUSTOTR | STATE STREET SPD | 5.76M | SH | $166.06M 1.33% | 0.00 | 0.00 | 5.76M |
ISHARES TROTR | EAFE VALUE ETF | 2.27M | SH | $162.29M 1.30% | 349.00 | 0.00 | 2.27M |
AMERICAN CENTY ETF TROTR | AVANTIS ALL INT | 1.94M | SH | $142.99M 1.15% | 0.00 | 0.00 | 1.94M |
VICTORY PORTFOLIOS IIOTR | SHORT TRM BD ETF | 2.60M | SH | $132.12M 1.06% | 0.00 | 0.00 | 2.60M |
VICTORY PORTFOLIOS IIOTR | CORE INTRMEDIATE | 5.82M | SH | $128.03M 1.03% | 0.00 | 0.00 | 5.82M |
ISHARES TROTR | MBS ETF | 1.27M | SH | $121.03M 0.97% | 0.00 | 0.00 | 1.27M |
BLACKROCK ETF TRUST IIOTR | ISHARES FLEXIBLE | 2.22M | SH | $117.09M 0.94% | 156.00 | 0.00 | 2.22M |
SPDR INDEX SHS FDSOTR | MSCI ACWI EXUS | 3.19M | SH | $114.44M 0.92% | 0.00 | 0.00 | 3.19M |
AMAZON COM INCOTR | COM | 481.29K | SH | $111.09M 0.89% | 400.00 | 0.00 | 480.89K |
INVESCO QQQ TROTR | UNIT SER 1 | 177.42K | SH | $108.99M 0.87% | 0.00 | 0.00 | 177.42K |
ALPHABET INCSOLE | CAP STK CL A | 332.70K | SH | $103.90M 0.83% | 0.00 | 0.00 | 332.70K |
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