Meritage Portfolio Management

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Meritage Portfolio Management reported 328 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 5.7% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Alphabet Class A (GOOGL, 4.7%). Compared with Q2 2025, it opened 20 new positions, sold out of 18, added to 44 and reduced 226. The biggest buy was a new position in Cognizant Tech Solutions-A (CTSH) and the biggest sale Schwab US Large-Cap Growth (SCHG, shares −97%).

Most Recent 13F
Q4 2025
Location
OVERLAND PARK, KS
CIK
0000881432
Portfolio Value
$1.5B (Q3 2025)
SEC Filing
0000881432-25-000015 ↗ filed Oct 28, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.6B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.6B Q2 2025 Q3 2025: $1.5B $1.5B Q3 2025 Q4 2025: $1.5B Q4 2025

Holdings 328 stocks · $1.5B

AAPL Apple Inc. 5.68% 334,667 $85.2M Reduce -18.0%
MSFT Microsoft Corp. 4.97% 144,156 $74.7M Reduce -16.3%
GOOGL Alphabet Inc. Class A 4.67% 288,751 $70.2M Reduce -19.3%
AVGO Broadcom Inc. 4.41% 200,874 $66.3M Reduce -19.8%
NVDA Nvidia Corp. 3.72% 299,283 $55.8M Reduce -6.2%
AMZN Amazon.com Inc. 2.19% 149,734 $32.9M Reduce -4.7%
BABA Alibaba Group Holding-SP ADR 1.61% 135,484 $24.2M Reduce -21.6%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 1.42% 299,509 $21.3M Add +1.3%
KLAC KLA Corp. 1.26% 17,509 $18.9M Reduce -20.7%
BKNG Booking Holdings Inc. 1.21% 3,375 $18.2M Reduce -21.5%
META Meta Platforms Inc. Class A 1.18% 24,040 $17.7M Reduce -7.1%
JPM JPMorgan Chase & Co. 1.13% 53,824 $17.0M Reduce -8.7%
BIDU Baidu Inc. - Spon ADR 1.05% 120,203 $15.8M Reduce -21.2%
MA Mastercard Inc. Class A 1.05% 27,602 $15.7M Reduce -20.1%
ETSY Etsy Inc. 1.03% 232,447 $15.4M Reduce -8.5%
WSM Williams-Sonoma Inc. 0.98% 74,983 $14.7M Reduce -21.2%
ASML ASML Holding NV-NY Reg SHS 0.96% 14,913 $14.4M Reduce -36.0%
ANET Arista Networks Inc. 0.95% 97,729 $14.2M Reduce -40.2%
JNJ Johnson & Johnson 0.95% 76,756 $14.2M Reduce -5.2%
LNG Cheniere Energy Inc. 0.88% 55,984 $13.2M Reduce -5.9%
IVV iShares Core S&P 500 ETF 0.87% 19,533 $13.1M Add +0.9%
AME Ametek Inc. 0.85% 67,949 $12.8M Reduce -20.7%
CTSH Cognizant Tech Solutions-A 0.85% 189,420 $12.7M New
EXEL Exelixis Inc. 0.81% 295,426 $12.2M Reduce -21.8%
IWF iShares Russell 1000 Growth 0.81% 25,849 $12.1M Add +0.6%
SPYV SS SPDR P S&P 500 Value ETF 0.80% 217,260 $12.0M Reduce -2.8%
REGN Regeneron Pharmaceuticals 0.78% 20,941 $11.8M Add +82.8%
FTNT Fortinet Inc. 0.78% 138,758 $11.7M Reduce -44.1%
PYPL PayPal Holdings Inc. 0.75% 166,845 $11.2M Reduce -16.1%
GS Goldman Sachs Group Inc. 0.73% 13,802 $11.0M Reduce -9.2%
EEFT Euronet Worldwide Inc. 0.73% 124,343 $10.9M Add +18.8%
SPYG SS SPDR P S&P 500 Growth ETF 0.70% 101,110 $10.6M Reduce -1.6%
CDNS Cadence Design SYS Inc. 0.69% 29,533 $10.4M Reduce -20.6%
IWD iShares Russell 1000 Value E 0.68% 50,153 $10.2M Reduce -36.3%
VRTX Vertex Pharmaceuticals Inc. 0.68% 25,940 $10.2M Reduce -21.3%
WFC Wells Fargo & Co. 0.67% 120,592 $10.1M Reduce -9.4%
FHN First Horizon Corp. 0.67% 442,349 $10.0M Reduce -11.6%
ETR Entergy Corp. 0.62% 99,862 $9.3M Reduce -9.5%
BRK.B Berkshire Hathaway Inc. Class B 0.61% 18,227 $9.2M Reduce -7.1%
AYI Acuity Inc. 0.61% 26,582 $9.2M Reduce -9.3%
EBAY eBay Inc. 0.60% 99,234 $9.0M Reduce -9.5%
ABBV Abbvie Inc. 0.60% 38,872 $9.0M Add +22.2%
IGSB iShares 1-5Y Inv Grade Corp. 0.60% 169,674 $9.0M Reduce -4.3%
SIEGY Siemens AG-Spons ADR 0.60% 66,319 $9.0M Reduce -9.6%
ORLY O'reilly Automotive Inc. 0.55% 77,130 $8.3M Reduce -19.9%
PG The Procter & Gamble Co. 0.55% 53,413 $8.2M Reduce -7.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.54% 92,728 $8.1M Reduce -8.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.53% 28,125 $7.9M Reduce -10.2%
ADSK Autodesk Inc. 0.51% 24,295 $7.7M Reduce -21.0%
TWLO Twilio Inc. Class A 0.51% 76,318 $7.6M New
CHKP Check Point Software Tech 0.49% 35,356 $7.3M Reduce -9.3%
COST Costco Wholesale Corp. 0.49% 7,881 $7.3M Reduce -9.0%
ADBE Adobe Inc. 0.48% 20,334 $7.2M Reduce -19.0%
EOG EOG Resources Inc. 0.47% 63,549 $7.1M Reduce -9.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.47% 10,690 $7.1M Reduce -3.3%
RS Reliance Inc. 0.47% 25,076 $7.0M Reduce -9.2%
QCOM Qualcomm Inc. 0.47% 42,039 $7.0M Reduce -8.9%
AFL Aflac Inc. 0.45% 60,630 $6.8M Reduce -8.7%
PNC PNC Financial Services Group 0.44% 33,191 $6.7M Add +24.1%
DBX Dropbox Inc. Class A 0.44% 220,163 $6.7M Reduce -22.3%
HALO Halozyme Therapeutics Inc. 0.44% 90,184 $6.6M Reduce -11.2%
SNA Snap-on Inc. 0.42% 18,133 $6.3M Reduce -9.7%
XOM Exxon Mobil Corp. 0.42% 55,592 $6.3M Reduce -8.7%
EPRT Essential Properties Realty 0.42% 210,428 $6.3M Reduce -11.8%
USB US Bancorp 0.42% 129,480 $6.3M Add +25.8%
T AT&T Inc. 0.42% 221,334 $6.3M Reduce -8.6%
TIGO Millicom Intl Cellular S.A. 0.42% 128,565 $6.2M Reduce -9.5%
PNGAY Ping An Insurance-ADR 0.40% 446,161 $6.1M Reduce -1.5%
CTRE Caretrust REIT Inc. 0.40% 171,480 $5.9M Reduce -12.7%
PSA Public Storage 0.39% 20,373 $5.9M Reduce -9.6%
FNB FNB Corp. 0.39% 360,112 $5.8M Reduce -11.4%
PHM Pultegroup Inc. 0.37% 42,556 $5.6M Reduce -10.5%
VTI VG Morningstar TS MKT ETF-US 0.37% 17,009 $5.6M No change
GILD Gilead Sciences Inc. 0.37% 50,095 $5.6M Reduce -1.6%
TPR Tapestry Inc. 0.36% 48,105 $5.4M Reduce -59.1%
CARG Cargurus Inc. 0.36% 145,215 $5.4M New
KO The Coca-Cola Co. 0.35% 80,001 $5.3M Add +0.2%
WF Woori Financial-Spon ADR 0.35% 94,212 $5.3M Reduce -1.5%
APTV Aptiv PLC 0.35% 60,928 $5.3M New
FITB Fifth Third Bancorp 0.35% 116,772 $5.2M Reduce -9.3%
BKH Black Hills Corp. 0.35% 84,369 $5.2M Reduce -1.4%
NWE Northwestern Energy Group Inc. 0.34% 87,644 $5.1M Reduce -5.7%
BP BP PLC-Spons ADR 0.34% 148,017 $5.1M Reduce -9.9%
BTI British American Tob-SP ADR 0.34% 96,044 $5.1M Reduce -1.9%
WPC WP Carey Inc. 0.33% 73,810 $5.0M Reduce -1.6%
LXP LXP Industrial Trust 0.33% 556,300 $5.0M Add +48.1%
GVI iShares Intermediate Governm 0.33% 46,195 $5.0M Reduce -4.4%
PEG Public Service Enterprise GP 0.33% 59,325 $5.0M Reduce -9.3%
OTEX Open Text Corp. 0.33% 131,407 $4.9M Add +34.5%
FIS Fidelity National Info Serv 0.33% 74,386 $4.9M Reduce -9.3%
GFF Griffon Corp. 0.32% 63,289 $4.8M Reduce -9.3%
EMN Eastman Chemical Co. 0.32% 75,987 $4.8M Add +60.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.32% 15,940 $4.7M Reduce -12.5%
UGI Ugi Corp. 0.31% 140,801 $4.7M Reduce -9.4%
APAM Artisan Partners Asset Ma -A 0.31% 105,993 $4.6M Reduce -1.6%
NJR New Jersey Resources Corp. 0.31% 95,249 $4.6M Reduce -1.4%
SCHO Schwab Short-Term US Treas 0.30% 186,252 $4.5M Reduce -2.5%
NOMD Nomad Foods Ltd. 0.30% 343,215 $4.5M Reduce -11.6%
AMGN Amgen Inc. 0.30% 15,973 $4.5M Reduce -8.6%
KR Kroger Co. 0.30% 66,369 $4.5M Reduce -9.1%
NTAP Netapp Inc. 0.30% 37,695 $4.5M Reduce -9.3%
CMI Cummins Inc. 0.30% 10,562 $4.5M Reduce -2.2%
SHEL Shell PLC-ADR 0.29% 60,927 $4.4M Reduce -1.0%
SLF Sun Life Financial Inc. 0.29% 72,242 $4.3M Reduce -1.9%
NNGRY NN Group NV - Unspon ADR 0.28% 121,498 $4.3M Reduce -1.6%
PAYX Paychex Inc. 0.28% 33,521 $4.2M Add +100.3%
PAGP Plains GP Holdings LP 0.28% 230,378 $4.2M Reduce -1.5%
MTDR Matador Resources Co. 0.28% 92,903 $4.2M Reduce -11.5%
LOW Lowe's Cos Inc. 0.28% 16,450 $4.1M Reduce -8.9%
TIMB Tim SA-ADR 0.28% 185,025 $4.1M Reduce -2.2%
ACGL Arch Capital Group Ltd. 0.28% 45,508 $4.1M Reduce -9.4%
PM Philip Morris International 0.27% 25,244 $4.1M Reduce -9.6%
NLY Annaly Capital Management Inc. 0.27% 201,256 $4.1M Reduce -1.4%
GLW Corning Inc. 0.26% 47,720 $3.9M Reduce -38.1%
BNPQY BNP Paribas-ADR 0.26% 85,132 $3.9M Reduce -1.5%
EG Everest Group Ltd. 0.25% 10,832 $3.8M Reduce -9.4%
IGIB iShares 5-10Y Inv Grade Corp. 0.25% 69,318 $3.7M Add +1.4%
ABEV Ambev SA-ADR 0.25% 1,674,949 $3.7M Reduce -1.5%
KMB Kimberly-Clark Corp. 0.25% 29,976 $3.7M Reduce -1.7%
DNKEY Danske Bank A/S - Spon ADR 0.25% 173,389 $3.7M Reduce -1.7%
VRTS Virtus Investment Partners 0.25% 19,508 $3.7M Reduce -1.4%
SU Suncor Energy Inc. 0.25% 88,374 $3.7M Reduce -1.1%
MGA Magna International Inc. 0.24% 74,940 $3.6M New
OMC Omnicom Group 0.24% 43,449 $3.5M Reduce -1.2%
VZ Verizon Communications Inc. 0.23% 79,358 $3.5M Reduce -1.1%
SUB iShares Short-Term National 0.23% 32,606 $3.5M Reduce -1.3%
MDT Medtronic PLC 0.23% 36,369 $3.5M Reduce -1.5%
CMCSA Comcast Corp. Class A 0.23% 109,166 $3.4M Reduce -8.8%
GTX Garrett Motion Inc. 0.23% 250,984 $3.4M Reduce -1.5%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.22% 42,340 $3.4M Reduce -1.4%
NNN NNN REIT Inc. 0.22% 77,952 $3.3M Reduce -1.4%
LEA Lear Corp. 0.22% 32,480 $3.3M New
SR Spire Inc. 0.22% 40,079 $3.3M Reduce -1.4%
EVRG Evergy Inc. 0.21% 41,348 $3.1M Reduce -41.4%
PRU Prudential Financial Inc. 0.21% 29,863 $3.1M Reduce -1.4%
POR Portland General Electric Co. 0.21% 70,149 $3.1M New
CFG Citizens Financial Group 0.21% 58,016 $3.1M New
EME Emcor Group Inc. 0.20% 4,710 $3.1M Reduce -28.8%
RMBS Rambus Inc. 0.20% 28,789 $3.0M Reduce -31.2%
CSCO Cisco Systems Inc. 0.20% 43,060 $2.9M Reduce -25.2%
GIC Global Industrial Co. 0.19% 79,424 $2.9M Add +0.8%
GTY Getty Realty Corp. 0.19% 107,953 $2.9M Reduce -1.4%
SCHR Schwab Intermediate-Term US 0.19% 114,367 $2.9M Add +12.2%
LADR Ladder Capital Corp.-REIT 0.19% 257,989 $2.8M Reduce -1.7%
FIX Comfort Systems USA Inc. 0.18% 3,286 $2.7M Reduce -46.1%
HMN Horace Mann Educators 0.18% 59,936 $2.7M Reduce -1.4%
INFY Infosys Ltd.-SP ADR 0.18% 165,294 $2.7M New
VYM Vanguard High DVD Yield ETF 0.17% 17,997 $2.5M Add +2.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.17% 73,608 $2.5M New
GLPI Gaming and Leisure Propertie 0.17% 53,819 $2.5M New
ITUB Itau Unibanco H-Spon PRF ADR 0.16% 323,563 $2.4M Reduce -0.2%
OSPN Onespan Inc. 0.16% 148,331 $2.4M Reduce -1.7%
CBSH Commerce Bancshares Inc. 0.16% 39,034 $2.3M No change
ESGV Vanguard ESG US Stock ETF 0.15% 18,808 $2.2M Add +190.6%
QFIN Qfin Holdings Inc.-ADR 0.15% 76,833 $2.2M New
PLD Prologis Inc. 0.15% 19,142 $2.2M Reduce -1.8%
HTO H2O America 0.15% 44,993 $2.2M Reduce -1.2%
RIO Rio Tinto PLC-Spon ADR 0.15% 33,095 $2.2M Reduce -1.0%
WMT Walmart Inc. 0.14% 21,080 $2.2M Reduce -8.5%
IJR iShares Core S&P Small-Cap E 0.14% 17,133 $2.0M Add +0.6%
SUPN Supernus Pharmaceuticals Inc. 0.13% 41,021 $2.0M Reduce -32.1%
CORT Corcept Therapeutics Inc. 0.13% 23,407 $1.9M Reduce -33.6%
SLV iShares Silver Trust 0.13% 45,394 $1.9M No change
HD Home Depot Inc. 0.12% 4,395 $1.8M Reduce -0.5%
SPHD Invesco S&P 500 High Dividen 0.12% 35,464 $1.8M Add +48.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.11% 3,582 $1.7M Add +1.5%
MLI Mueller Industries Inc. 0.11% 16,302 $1.6M Reduce -31.4%
SCHB Schwab US Broad Market ETF 0.11% 62,124 $1.6M Reduce -7.2%
SHM SS SPDR N Ice St Muni ETF 0.10% 31,962 $1.5M Reduce -3.1%
ALSN Allison Transmission Holding 0.10% 17,912 $1.5M Reduce -33.0%
BRK.A Berkshire Hathaway Inc. Class A 0.10% 2 $1.5M No change
GOOG Alphabet Inc. Class C 0.10% 6,175 $1.5M Reduce -5.0%
FTDR Frontdoor Inc. 0.10% 21,745 $1.5M Add +8.8%
MUB iShares National Muni Bond E 0.10% 13,667 $1.5M Reduce -1.0%
ADEA Adeia Inc. 0.09% 83,482 $1.4M Reduce -31.2%
VEU Vanguard Ftse All-World Ex-U 0.08% 17,392 $1.2M Reduce -0.6%
UMBF Umb Financial Corp. 0.08% 9,910 $1.2M No change
QQQ Invesco QQQ Trust Series 1 0.08% 1,921 $1.2M No change
GDDY GoDaddy Inc. Class A 0.07% 8,232 $1.1M Reduce -31.5%
LLY Eli Lilly & Co. 0.07% 1,432 $1.1M No change
FHI Federated Hermes Inc. 0.07% 20,550 $1.1M Reduce -14.3%
AXS Axis Capital Holdings Ltd. 0.07% 11,129 $1.1M Reduce -25.2%
ORCL Oracle Corp. 0.07% 3,790 $1.1M No change
ARKB ARK 21SHARES Bitcoin ETF 0.07% 27,351 $1.0M No change
IWB iShares Russell 1000 ETF 0.07% 2,824 $1.0M No change
AXON Axon Enterprise Inc. 0.07% 1,410 $1.0M No change
AGX Argan Inc. 0.07% 3,616 $977K Reduce -31.5%
UNH Unitedhealth Group Inc. 0.06% 2,811 $971K Reduce -3.9%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 3,740 $951K Reduce -0.0%
CNM Core & Main Inc. Class A 0.06% 17,498 $942K Reduce -31.4%
MGY Magnolia Oil & Gas Corp. Class A 0.06% 39,238 $937K Reduce -32.5%
PEP Pepsico Inc. 0.06% 6,621 $930K Reduce -0.7%
SCHP Schwab U.S. Tips ETF 0.06% 33,524 $903K Reduce -4.0%
FISV Fiserv Inc. 0.06% 6,650 $857K No change
CLBT Cellebrite Di Ltd. 0.05% 42,673 $791K Reduce -31.5%
VOYA Voya Financial Inc. 0.05% 9,864 $738K Reduce -31.6%
IYW iShares Ustechnology ETF 0.05% 3,757 $736K No change
BN Brookfield Corp. 0.05% 10,617 $728K No change
VCEB Vanguard ESG US Corp. Bond 0.05% 11,338 $728K Add +44.8%
GLD SPDR Gold Shares 0.05% 2,031 $722K Add +3.1%
BAESY Bae Systems PLC -Spon ADR 0.05% 6,441 $720K Reduce -4.0%
AIT Applied Industrial Tech Inc. 0.05% 2,749 $718K Reduce -34.8%
CVX Chevron Corp. 0.05% 4,480 $696K Reduce -3.2%
VXUS Vanguard Total Intl Stock 0.05% 9,442 $694K Add +12.5%
ACIW Aci Worldwide Inc. 0.05% 13,142 $694K Reduce -31.3%
TMO Thermo Fisher Scientific Inc. 0.05% 1,410 $684K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.05% 1,460 $677K No change
COR Cencora Inc. 0.04% 2,134 $667K Reduce -8.0%
ABT Abbott Laboratories 0.04% 4,946 $662K Add +0.1%
KTB Kontoor Brands Inc. 0.04% 8,171 $652K Reduce -83.7%
CPRX Catalyst Pharmaceuticals Inc. 0.04% 32,745 $645K Reduce -31.2%
SYK Stryker Corp. 0.04% 1,740 $643K No change
SCHG Schwab US Large-Cap Growth 0.04% 19,624 $626K Reduce -97.4%
PRI Primerica Inc. 0.04% 2,201 $611K Reduce -31.3%
REZI Resideo Technologies Inc. 0.04% 13,971 $603K Reduce -35.0%
SF Stifel Financial Corp. 0.04% 5,137 $583K Reduce -34.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.04% 3,085 $575K Add +8.8%
IAU iShares Gold Trust 0.04% 7,760 $565K No change
VDC Vanguard Consumer Staple ETF 0.04% 2,629 $562K Add +0.2%
PBH Prestige Consumer Healthcare 0.04% 8,975 $560K Reduce -31.2%
VOO Vanguard S&P 500 ETF 0.04% 894 $548K Add +0.3%
MTCH Match Group Inc. 0.04% 15,413 $544K Reduce -31.3%
TMHC Taylor Morrison Home Corp. 0.04% 8,246 $544K Reduce -34.8%
ZION Zions Bancorp NA 0.04% 9,619 $544K Reduce -35.0%
CNO Cno Financial Group Inc. 0.04% 13,543 $536K Reduce -34.9%
ADP Automatic Data Processing 0.04% 1,820 $534K No change
PATK Patrick Industries Inc. 0.03% 4,847 $501K Reduce -29.9%
MCK McKesson Corp. 0.03% 642 $496K No change
MCD McDonald's Corp. 0.03% 1,621 $493K Reduce -63.6%
MTG Mgic Investment Corp. 0.03% 17,298 $491K Reduce -36.1%
WAL Western Alliance Bancorp 0.03% 5,641 $489K Reduce -34.9%
IWN iShares Russell 2000 Value E 0.03% 2,752 $487K New
RNG Ringcentral Inc. Class A 0.03% 16,880 $478K Reduce -31.3%
ESTC Elastic NV 0.03% 5,581 $472K Reduce -31.9%
HON Honeywell International Inc. 0.03% 2,235 $470K Reduce -1.0%
SDY SS SPDR S&P Dividend ETF 0.03% 3,359 $470K No change
BOKF Bok Financial Corporation 0.03% 4,197 $468K Reduce -35.0%
OGE Oge Energy Corp. 0.03% 9,944 $460K Reduce -35.9%
SPDW Ste STR SPDR PT DW Eu ETF 0.03% 10,651 $456K Reduce -2.5%
IDV iShares International Select 0.03% 12,350 $451K Reduce -90.0%
ASB Associated Banc-Corp. 0.03% 17,482 $449K Reduce -9.1%
HURN Huron Consulting Group Inc. 0.03% 3,031 $445K Reduce -31.7%
GD General Dynamics Corp. 0.03% 1,299 $443K Reduce -1.5%
ATEN A10 Networks Inc. 0.03% 24,366 $442K Reduce -35.4%
CEG Constellation Energy 0.03% 1,330 $438K Add +4.2%
NI Nisource Inc. 0.03% 9,926 $430K Reduce -5.4%
WEC WEC Energy Group Inc. 0.03% 3,685 $422K Reduce -84.8%
SPGI S&P Global Inc. 0.03% 855 $416K Reduce -8.7%
NEE Nextera Energy Inc. 0.03% 5,479 $414K Reduce -0.3%
CRM Salesforce Inc. 0.03% 1,742 $413K Reduce -6.2%
IDXX Idexx Laboratories Inc. 0.03% 635 $406K No change
FDIQ Inv BLB Fin Data PRV ETF-Usi 0.03% 6,639 $403K Reduce -34.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 1,369 $402K Add +0.1%
UTHR United Therapeutics Corp. 0.03% 941 $394K Reduce -36.1%
IWM iShares Russell 2000 ETF 0.03% 1,622 $392K Add +1.4%
CAT Caterpillar Inc. 0.03% 792 $378K Add +37.0%
ELV Elevance Health Inc. 0.03% 1,167 $377K Reduce -1.6%
GIL Gildan Activewear Inc. 0.03% 6,521 $377K Reduce -35.0%
VSGX Vanguard ESG Intl Stock ETF 0.02% 5,112 $355K New
SKT Tanger Inc. 0.02% 10,426 $353K Reduce -35.0%
CME Cme Group Inc. 0.02% 1,300 $351K No change
CMC Commercial Metals Co. 0.02% 6,074 $348K Reduce -34.8%
KLIC Kulicke & Soffa Industries 0.02% 8,365 $340K Add +19.8%
YELP Yelp Inc. 0.02% 10,665 $333K Reduce -34.9%
IJH iShares Core S&P Midcap ETF 0.02% 5,047 $329K Add +24.1%
AEP American Electric Power 0.02% 2,896 $326K Reduce -4.7%
CRUS Cirrus Logic Inc. 0.02% 2,599 $326K Reduce -34.7%
ZBRA Zebra Technologies Corp. Class A 0.02% 1,093 $325K Reduce -29.4%
SLM SLM Corp. 0.02% 11,547 $320K Reduce -31.2%
V Visa Inc. Class A 0.02% 936 $319K Add +0.1%
RSP Invesco S&P 500 Equal Weight 0.02% 1,677 $318K Add +5.1%
COKE Coca-Cola Consolidated Inc. 0.02% 2,704 $317K Reduce -68.7%
PBI Pitney Bowes Inc. 0.02% 27,645 $315K New
ASO Academy Sports & Outdoors Inc. 0.02% 6,290 $315K Reduce -35.0%
WPP WPP PLC-Sponsored ADR 0.02% 12,455 $312K Reduce -87.9%
IWV iShares Russell 3000 ETF 0.02% 818 $310K Add +15.4%
MTLS Materialise NV-ADR 0.02% 55,564 $309K Reduce -31.6%
MO Altria Group Inc. 0.02% 4,676 $309K Add +1.2%
BNL Broadstone Net Lease Inc. 0.02% 17,205 $307K Reduce -95.5%
VLTO Veralto Corp. 0.02% 2,860 $305K Reduce -10.4%
SKY Champion Homes Inc. 0.02% 3,982 $304K Reduce -31.4%
AXP American Express Co. 0.02% 909 $302K No change
MET Metlife Inc. 0.02% 3,647 $300K Reduce -2.1%
CASH Pathward Financial Inc. 0.02% 3,932 $291K Reduce -34.8%
BMY Bristol-Myers Squibb Co. 0.02% 6,384 $288K Reduce -1.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 2,512 $288K Add +0.1%
RYDEX ETF TRUST filed as GUGGENHEIM S&P 500 PURE GROWTH 0.02% 6,000 $286K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.02% 297 $283K No change
MELI MercadoLibre Inc. 0.02% 121 $283K No change
FCPT Four Corners Property Trust 0.02% 11,251 $275K Reduce -34.8%
BA The Boeing Co. 0.02% 1,255 $271K No change
UFPI Ufp Industries Inc. 0.02% 2,888 $270K Reduce -35.0%
LMT Lockheed Martin Corp. 0.02% 531 $265K Reduce -13.5%
AMAT Applied Materials Inc. 0.02% 1,294 $265K Reduce -1.2%
EIG Employers Holdings Inc. 0.02% 6,076 $258K Reduce -34.9%
KFY Korn Ferry 0.02% 3,674 $257K Reduce -34.9%
CRBG Corebridge Financial Inc. 0.02% 7,634 $245K Reduce -5.1%
AGQ Proshares Ultra Silver 0.02% 3,204 $244K Reduce -40.0%
NFLX Netflix Inc. 0.02% 202 $242K Add +18.8%
EIX Edison International 0.02% 4,319 $239K Reduce -0.8%
NSRGY Nestle SA-Spons ADR 0.02% 2,587 $237K Add +2.7%
EFSC Enterprise Financial Service 0.02% 4,070 $236K No change
DHR Danaher Corp. 0.02% 1,189 $236K Reduce -8.5%
HBNC Horizon Bancorp Inc. 0.02% 14,490 $232K Reduce -35.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.02% 2,119 $231K New
PFE Pfizer Inc. 0.02% 8,975 $229K Reduce -0.4%
INTC Intel Corp. 0.02% 6,805 $228K New
CHTR Charter Communications Inc. Class A 0.01% 818 $225K No change
ORI Old Republic Intl Corp. 0.01% 5,239 $223K Reduce -92.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 4,253 $219K Reduce -4.5%
CBZ Cbiz Inc. 0.01% 4,110 $218K No change
TSLA Tesla Inc. 0.01% 483 $215K Reduce -24.2%
VIG Vanguard Dividend Apprec ETF 0.01% 988 $213K No change
NVO Novo-Nordisk A/S-Spons ADR 0.01% 3,819 $212K Reduce -97.5%
EMR Emerson Electric Co. 0.01% 1,615 $212K No change
SM SM Energy Co. 0.01% 8,377 $209K Reduce -35.7%
EXC Exelon Corp. 0.01% 4,583 $206K New
MDY State Street SPDR S&P Midcap 0.01% 346 $206K New
BLK BlackRock Inc. 0.01% 176 $205K New
UTL Unitil Corp. 0.01% 4,236 $203K Reduce -35.0%
CALC Calcimedica Inc. 0.01% 61,539 $189K Add +33.8%
INMD Inmode Ltd. 0.01% 10,798 $161K Reduce -34.9%
HGRAF Hydrograph Clean Power Inc. 0.01% 80,050 $130K No change
SGMOQ Sangamo Therapeutics Inc. 0.01% 177,000 $119K Add +39.4%
EPEO E'prime Aerospace Corp. 0.00% 19,000 $2 No change
MYFT Myfreightworld Technologies 0.00% 187,875 $2 No change
CSBF Consolidated Biofuels Inc. 0.00% 10,000 $0 No change
CFNTS Contifinancial Corp. Liquidat 0.00% 46,800 $0 No change

Portfolio Sells Q2 2025 → Q3 2025

SCHG Schwab US Large-Cap Growth Reduce -97.4% 0.04% −1.35
FTNT Fortinet Inc. Reduce -44.1% 0.78% −0.89
NVO Novo-Nordisk A/S-Spons ADR Reduce -97.5% 0.01% −0.65
MSFT Microsoft Corp. Reduce -16.3% 4.97% −0.45
JAZZ Jazz Pharmaceuticals PLC Sold out 0.00% −0.41
BNL Broadstone Net Lease Inc. Reduce -95.5% 0.02% −0.37
BKNG Booking Holdings Inc. Reduce -21.5% 1.21% −0.36
SEB Seaboard Corp. Sold out 0.00% −0.33
RCI Rogers Communications Inc. Class B Sold out 0.00% −0.30
TPR Tapestry Inc. Reduce -59.1% 0.36% −0.29
IWD iShares Russell 1000 Value E Reduce -36.3% 0.68% −0.29
VRTX Vertex Pharmaceuticals Inc. Reduce -21.3% 0.68% −0.25
EXEL Exelixis Inc. Reduce -21.8% 0.81% −0.24
IDV iShares International Select Reduce -90.0% 0.03% −0.24
ASML ASML Holding NV-NY Reg SHS Reduce -36.0% 0.96% −0.22
CAG Conagra Brands Inc. Sold out 0.00% −0.21
WPP WPP PLC-Sponsored ADR Reduce -87.9% 0.02% −0.21
PYPL PayPal Holdings Inc. Reduce -16.1% 0.75% −0.19
MA Mastercard Inc. Class A Reduce -20.1% 1.05% −0.18
KTB Kontoor Brands Inc. Reduce -83.7% 0.04% −0.17
ORI Old Republic Intl Corp. Reduce -92.4% 0.01% −0.15
ADBE Adobe Inc. Reduce -19.0% 0.48% −0.14
WEC WEC Energy Group Inc. Reduce -84.8% 0.03% −0.13
AME Ametek Inc. Reduce -20.7% 0.85% −0.13
NOMD Nomad Foods Ltd. Reduce -11.6% 0.30% −0.12
ANET Arista Networks Inc. Reduce -40.2% 0.95% −0.11
EVRG Evergy Inc. Reduce -41.4% 0.21% −0.10
FIS Fidelity National Info Serv Reduce -9.3% 0.33% −0.10
ADSK Autodesk Inc. Reduce -21.0% 0.51% −0.09
RS Reliance Inc. Reduce -9.2% 0.47% −0.08
DBX Dropbox Inc. Class A Reduce -22.3% 0.44% −0.07
EPRT Essential Properties Realty Reduce -11.8% 0.42% −0.06
GDDY GoDaddy Inc. Class A Reduce -31.5% 0.07% −0.06
PRGS Progress Software Corp. Sold out 0.00% −0.06
ALSN Allison Transmission Holding Reduce -33.0% 0.10% −0.06
CHKP Check Point Software Tech Reduce -9.3% 0.49% −0.06
COST Costco Wholesale Corp. Reduce -9.0% 0.49% −0.06
NXST Nexstar Media Group Inc. Sold out 0.00% −0.06
CSCO Cisco Systems Inc. Reduce -25.2% 0.20% −0.06
EOG EOG Resources Inc. Reduce -9.3% 0.47% −0.06
IBM Intl Business Machines Corp. Reduce -10.2% 0.53% −0.06
MCD McDonald's Corp. Reduce -63.6% 0.03% −0.05
PM Philip Morris International Reduce -9.6% 0.27% −0.05
RDN Radian Group Inc. Sold out 0.00% −0.05
UGI Ugi Corp. Reduce -9.4% 0.31% −0.05
CMCSA Comcast Corp. Class A Reduce -8.8% 0.23% −0.04
LNG Cheniere Energy Inc. Reduce -5.9% 0.88% −0.04
COKE Coca-Cola Consolidated Inc. Reduce -68.7% 0.02% −0.04
MTDR Matador Resources Co. Reduce -11.5% 0.28% −0.04
PG The Procter & Gamble Co. Reduce -7.8% 0.55% −0.04

Portfolio Buys Q2 2025 → Q3 2025

CTSH Cognizant Tech Solutions-A New 0.85% +0.85
TWLO Twilio Inc. Class A New 0.51% +0.51
REGN Regeneron Pharmaceuticals Add +82.8% 0.78% +0.40
CARG Cargurus Inc. New 0.36% +0.36
APTV Aptiv PLC New 0.35% +0.35
HSBC HSBC Holdings PLC-Spons ADR Add +1.3% 1.42% +0.28
MGA Magna International Inc. New 0.24% +0.24
ABBV Abbvie Inc. Add +22.2% 0.60% +0.23
LEA Lear Corp. New 0.22% +0.22
POR Portland General Electric Co. New 0.21% +0.21
CFG Citizens Financial Group New 0.21% +0.21
INFY Infosys Ltd.-SP ADR New 0.18% +0.18
SLB SLB Ltd. New 0.17% +0.17
GLPI Gaming and Leisure Propertie New 0.17% +0.17
QFIN Qfin Holdings Inc.-ADR New 0.15% +0.15
OTEX Open Text Corp. Add +34.5% 0.33% +0.15
LXP LXP Industrial Trust Add +48.1% 0.33% +0.14
PAYX Paychex Inc. Add +100.3% 0.28% +0.13
PNC PNC Financial Services Group Add +24.1% 0.44% +0.13
USB US Bancorp Add +25.8% 0.42% +0.12
IWF iShares Russell 1000 Growth Add +0.6% 0.81% +0.12
IVV iShares Core S&P 500 ETF Add +0.9% 0.87% +0.11
ESGV Vanguard ESG US Stock ETF Add +190.6% 0.15% +0.10
EMN Eastman Chemical Co. Add +60.0% 0.32% +0.09
GIC Global Industrial Co. Add +0.8% 0.19% +0.06
EEFT Euronet Worldwide Inc. Add +18.8% 0.73% +0.06
SPHD Invesco S&P 500 High Dividen Add +48.7% 0.12% +0.04
IWN iShares Russell 2000 Value E New 0.03% +0.03
SCHR Schwab Intermediate-Term US Add +12.2% 0.19% +0.03
VSGX Vanguard ESG Intl Stock ETF New 0.02% +0.02
FTDR Frontdoor Inc. Add +8.8% 0.10% +0.02
PBI Pitney Bowes Inc. New 0.02% +0.02
VYM Vanguard High DVD Yield ETF Add +2.3% 0.17% +0.02
IGIB iShares 5-10Y Inv Grade Corp. Add +1.4% 0.25% +0.02
IJR iShares Core S&P Small-Cap E Add +0.6% 0.14% +0.02
VCEB Vanguard ESG US Corp. Bond Add +44.8% 0.05% +0.02
VUG Vanguard Mrngstar GR ETF-Sui Add +1.5% 0.11% +0.02
BNY Bank of New York Mellon Corp. New 0.02% +0.02
INTC Intel Corp. New 0.02% +0.02
BLK BlackRock Inc. New 0.01% +0.01
EXC Exelon Corp. New 0.01% +0.01
MDY State Street SPDR S&P Midcap New 0.01% +0.01
CAT Caterpillar Inc. Add +37.0% 0.03% +0.01
GLD SPDR Gold Shares Add +3.1% 0.05% +0.01
VXUS Vanguard Total Intl Stock Add +12.5% 0.05% +0.01
CALC Calcimedica Inc. Add +33.8% 0.01% +0.01
KLIC Kulicke & Soffa Industries Add +19.8% 0.02% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +8.8% 0.04% +0.01
IJH iShares Core S&P Midcap ETF Add +24.1% 0.02% +0.01
IWV iShares Russell 3000 ETF Add +15.4% 0.02% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 322$1.5BAAPL, GOOGL, MSFT, AVGO, NVDA
Q3 2025 328$1.5BAAPL, MSFT, GOOGL, AVGO, NVDA
Q2 2025 326$1.6BMSFT, AAPL, AVGO, GOOGL, NVDA
Q1 2025 321$1.5BAAPL, MSFT, GOOGL, AVGO, NVDA
Q4 2024 328$1.6BAAPL, MSFT, GOOGL, AVGO, NVDA
Q3 2024 336$1.6BAAPL, MSFT, GOOGL, AVGO, AMZN
Q2 2024 334$1.6BAAPL, MSFT, GOOGL, AVGO, AMZN
Q1 2024 343$1.6BAAPL, MSFT, GOOGL, AVGO, AMZN