Meritas Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Meritas Wealth Management, LLC reported 53 stock positions worth $170.5 million. Its top holding was Dimensional US Marketwide Va (DFUV) at 14.5% of the portfolio, followed by Dimensional US Target Value (DFAT, 13.2%) and Dimensional US Eq MKT ETF (DFUS, 9.6%). Compared with Q4 2024, it opened 4 new positions, sold out of 1, added to 16 and reduced 12. The biggest buy was Dimensional International Va (DFIV, shares +7%) and the biggest sale Dimensional US Target Value (DFAT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- SAN RAFAEL, CA
- CIK
- 0001990690
- Portfolio Value
- $170.5M (Q1 2025)
- SEC Filing
- 0001990690-25-000004 ↗ filed Apr 16, 2025
Holdings Value
Holdings 53 stocks · $170.5M
| DFUV Dimensional US Marketwide Va | 14.49% | 599,378 | $24.7M | Reduce -1.9% |
| DFAT Dimensional US Target Value | 13.19% | 436,649 | $22.5M | Reduce -1.8% |
| DFUS Dimensional US Eq MKT ETF | 9.55% | 269,351 | $16.3M | Add +6.7% |
| AVUV Avantis US Small Cap Value | 8.54% | 167,047 | $14.6M | Add +16.2% |
| DFIV Dimensional International Va | 7.63% | 330,393 | $13.0M | Add +6.8% |
| AAPL Apple Inc. | 5.89% | 45,178 | $10.0M | Reduce -0.6% |
| AVLV Avantis US Large Cap Value | 5.52% | 144,239 | $9.4M | Add +26.1% |
| S Sentinelone Inc. Class A | 4.76% | 446,000 | $8.1M | No change |
| DISV Dimensional International SM | 4.53% | 265,496 | $7.7M | Add +16.8% |
| VTIP Vanguard Short-Term Tips | 3.06% | 104,720 | $5.2M | Add +4.7% |
| BND Vanguard Total Bond Market | 2.60% | 60,413 | $4.4M | Add +43.0% |
| DIHP Dimensional International Hi | 2.55% | 161,169 | $4.3M | Add +24.9% |
| DFAU Dimensional US Core Equity M | 1.45% | 64,489 | $2.5M | Reduce -4.7% |
| FICO Fair Isaac Corp. | 1.26% | 1,168 | $2.2M | No change |
| VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS | 1.17% | 196,921 | $2.0M | Add +23.0% |
| MSFT Microsoft Corp. | 1.05% | 4,753 | $1.8M | Reduce -0.5% |
| DFGR Dim Global Real Estate ETF | 0.94% | 60,737 | $1.6M | Reduce -8.5% |
| DFAE Dimensional Emerging Core Eq | 0.82% | 53,843 | $1.4M | No change |
| DFEM Dimensional Emrg MRKT Core | 0.76% | 49,167 | $1.3M | Add +1.6% |
| DFAI Dimensional International Co. | 0.73% | 40,093 | $1.3M | No change |
| DFSV Dimensional US Small Cap Val | 0.65% | 39,531 | $1.1M | Add +0.6% |
| ORCL Oracle Corp. | 0.63% | 7,704 | $1.1M | No change |
| BNDX Vanguard Total Intl Bond ETF | 0.62% | 21,596 | $1.1M | Add +29.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 1,852 | $986K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.57% | 5,260 | $980K | Reduce -4.0% |
| IVV iShares Core S&P 500 ETF | 0.49% | 1,488 | $836K | Reduce -0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.47% | 1 | $798K | New |
| DFSU Dimensional US Sus CORE1 ETF | 0.45% | 21,599 | $773K | Add +69.3% |
| AMZN Amazon.com Inc. | 0.43% | 3,876 | $737K | No change |
| MRSH Marsh & McLennan Cos | 0.40% | 2,805 | $685K | No change |
| WMT Walmart Inc. | 0.35% | 6,752 | $593K | No change |
| DFSE Dimensional Em Sus CORE1 ETF | 0.31% | 15,939 | $537K | Add +72.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 5,010 | $494K | Reduce -0.8% |
| CSX CSX Corp. | 0.26% | 14,895 | $438K | No change |
| COST Costco Wholesale Corp. | 0.25% | 456 | $431K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.24% | 4,870 | $411K | No change |
| NFLX Netflix Inc. | 0.22% | 401 | $374K | Reduce -27.5% |
| DFSI Dimensional Int Sus COR1 ETF | 0.20% | 9,924 | $346K | No change |
| TSLA Tesla Inc. | 0.20% | 1,322 | $343K | Add +0.1% |
| ADSK Autodesk Inc. | 0.20% | 1,300 | $340K | No change |
| DFAS Dimensional US Small Cap ETF | 0.17% | 4,814 | $288K | No change |
| VOO Vanguard S&P 500 ETF | 0.15% | 500 | $257K | Add +0.2% |
| FTNT Fortinet Inc. | 0.15% | 2,653 | $255K | No change |
| VGSH Vanguard Short-Term Treasury | 0.15% | 4,248 | $249K | No change |
| GOOGL Alphabet Inc. Class A | 0.14% | 1,573 | $243K | Reduce -6.0% |
| BSV Vanguard Short-Term Bond ETF | 0.14% | 3,087 | $242K | No change |
| CVX Chevron Corp. | 0.13% | 1,333 | $223K | New |
| GOOG Alphabet Inc. Class C | 0.13% | 1,416 | $221K | No change |
| CAT Caterpillar Inc. | 0.13% | 667 | $220K | Reduce -4.7% |
| STZ Constellation Brands Inc. Class A | 0.12% | 1,115 | $205K | No change |
| JNJ Johnson & Johnson | 0.12% | 1,229 | $204K | New |
| AVDV Avantis Intl S/C Value ETF | 0.12% | 2,896 | $202K | New |
| JOBY Joby Aviation Inc. | 0.04% | 10,314 | $62K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| DFAT Dimensional US Target Value | Reduce -1.8% | 13.19% | −1.71 |
| AAPL Apple Inc. | Reduce -0.6% | 5.89% | −0.96 |
| DFUV Dimensional US Marketwide Va | Reduce -1.9% | 14.49% | −0.56 |
| DFAU Dimensional US Core Equity M | Reduce -4.7% | 1.45% | −0.19 |
| MSFT Microsoft Corp. | Reduce -0.5% | 1.05% | −0.17 |
| DLB Dolby Laboratories Inc. Class A | Sold out | 0.00% | −0.13 |
| DFGR Dim Global Real Estate ETF | Reduce -8.5% | 0.94% | −0.08 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.0% | 0.57% | −0.08 |
| NFLX Netflix Inc. | Reduce -27.5% | 0.22% | −0.08 |
| DIS The Walt Disney Co. | Reduce -0.8% | 0.29% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -6.0% | 0.14% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -0.5% | 0.49% | −0.04 |
| CAT Caterpillar Inc. | Reduce -4.7% | 0.13% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| DFIV Dimensional International Va | Add +6.8% | 7.63% | +1.03 |
| AVLV Avantis US Large Cap Value | Add +26.1% | 5.52% | +0.92 |
| DISV Dimensional International SM | Add +16.8% | 4.53% | +0.90 |
| BND Vanguard Total Bond Market | Add +43.0% | 2.60% | +0.77 |
| DIHP Dimensional International Hi | Add +24.9% | 2.55% | +0.59 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.47% | +0.47 |
| VGSR Vert GLB Sust Re ETF | Add +23.0% | 1.17% | +0.20 |
| AVUV Avantis US Small Cap Value | Add +16.2% | 8.54% | +0.19 |
| DFSU Dimensional US Sus CORE1 ETF | Add +69.3% | 0.45% | +0.16 |
| VTIP Vanguard Short-Term Tips | Add +4.7% | 3.06% | +0.15 |
| CVX Chevron Corp. | New | 0.13% | +0.13 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +72.4% | 0.31% | +0.13 |
| BNDX Vanguard Total Intl Bond ETF | Add +29.8% | 0.62% | +0.13 |
| JNJ Johnson & Johnson | New | 0.12% | +0.12 |
| AVDV Avantis Intl S/C Value ETF | New | 0.12% | +0.12 |
| DFEM Dimensional Emrg MRKT Core | Add +1.6% | 0.76% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.2% | 0.15% | −0.01 |
| DFSV Dimensional US Small Cap Val | Add +0.6% | 0.65% | −0.08 |
| TSLA Tesla Inc. | Add +0.1% | 0.20% | −0.12 |
| DFUS Dimensional US Eq MKT ETF | Add +6.7% | 9.55% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 63 | $256.1M | AVUV, DFUV, DFAT, DFUS, AVLV |
| Q1 2026 | 60 | $221.2M | DFUV, DFAT, AVUV, DFUS, AVLV |
| Q4 2025 | 58 | $207.9M | DFUV, DFAT, DFUS, AVUV, DFIV |
| Q3 2025 | 59 | $201.9M | DFUV, DFAT, DFUS, AVUV, DFIV |
| Q2 2025 | 52 | $181.9M | DFUV, DFAT, DFUS, AVUV, DFIV |
| Q1 2025 | 53 | $170.5M | DFUV, DFAT, DFUS, AVUV, DFIV |
| Q4 2024 | 50 | $166.2M | DFUV, DFAT, DFUS, AVUV, AAPL |
| Q3 2024 | 50 | $161.6M | DFUV, DFAT, DFUS, AVUV, DFIV |
| Q2 2024 | 47 | $141.8M | DFUV, DFAT, DFUS, DFIV, S |
| Q1 2024 | 49 | $143.7M | DFUV, DFAT, DFUS, S, DFIV |