Meritas Wealth Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Meritas Wealth Management, LLC reported 59 stock positions worth $201.9 million. Its top holding was Dimensional US Marketwide Va (DFUV) at 12.8% of the portfolio, followed by Dimensional US Target Value (DFAT, 12.2%) and Dimensional US Eq MKT ETF (DFUS, 10.2%). Compared with Q2 2025, it opened 7 new positions, added to 21 and reduced 13. The biggest buy was Avantis US Small Cap Value (AVUV, shares +11%) and the biggest sale Dimensional US Marketwide Va (DFUV, shares −2%).

Most Recent 13F
Q2 2026
Location
SAN RAFAEL, CA
CIK
0001990690
Portfolio Value
$201.9M (Q3 2025)
SEC Filing
0001990690-25-000007 ↗ filed Oct 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $143.7M Q1 2024 Q2 2024: $141.8M Q2 2024 Q3 2024: $161.6M Q3 2024 Q4 2024: $166.2M Q4 2024 Q1 2025: $170.5M Q1 2025 Q2 2025: $181.9M Q2 2025 Q3 2025: $201.9M $201.9M Q3 2025 Q4 2025: $207.9M Q4 2025 Q1 2026: $221.2M Q1 2026 Q2 2026: $256.1M Q2 2026

Holdings 59 stocks · $201.9M
DFUV Dimensional US Marketwide Va 12.82% 579,141 $25.9M Reduce -1.7%
DFAT Dimensional US Target Value 12.16% 421,864 $24.6M Reduce -2.3%
DFUS Dimensional US Eq MKT ETF 10.20% 284,403 $20.6M Add +2.6%
AVUV Avantis US Small Cap Value 9.50% 192,670 $19.2M Add +10.8%
DFIV Dimensional International Va 7.57% 331,499 $15.3M Add +0.7%
AVLV Avantis US Large Cap Value 6.58% 183,957 $13.3M Add +16.1%
AAPL Apple Inc. 5.12% 40,611 $10.3M Reduce -9.8%
DISV Dimensional International SM 4.95% 279,845 $10.0M Add +2.2%
S Sentinelone Inc. Class A 3.89% 446,000 $7.9M No change
BND Vanguard Total Bond Market 3.00% 81,429 $6.1M Add +24.5%
DIHP Dimensional International Hi 2.84% 188,355 $5.7M Add +10.4%
VTIP Vanguard Short-Term Tips 2.74% 109,430 $5.5M Add +5.4%
MSFT Microsoft Corp. 1.59% 6,181 $3.2M Add +30.0%
DFAU Dimensional US Core Equity M 1.41% 62,102 $2.8M No change
ORCL Oracle Corp. 1.07% 7,704 $2.2M No change
VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS 1.06% 200,148 $2.1M Add +0.9%
DFGR Dim Global Real Estate ETF 0.84% 62,313 $1.7M Add +1.7%
DFAE Dimensional Emerging Core Eq 0.84% 53,843 $1.7M No change
DFSV Dimensional US Small Cap Val 0.82% 51,706 $1.6M Add +2.2%
DFEM Dimensional Emrg MRKT Core 0.78% 49,310 $1.6M Add +0.9%
DFAI Dimensional International Co. 0.72% 40,093 $1.5M No change
BNDX Vanguard Total Intl Bond ETF 0.68% 27,795 $1.4M Add +22.7%
FICO Fair Isaac Corp. 0.59% 790 $1.2M Reduce -15.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.54% 5,262 $1.1M Add +0.0%
IVV iShares Core S&P 500 ETF 0.48% 1,447 $969K No change
BRK.B Berkshire Hathaway Inc. Class B 0.48% 1,925 $968K Add +3.9%
DFSU Dimensional US Sus CORE1 ETF 0.45% 21,599 $917K No change
PLTR Palantir Technologies Inc. Class A 0.44% 4,870 $888K No change
AMZN Amazon.com Inc. 0.43% 3,929 $863K Add +0.8%
BRK.A Berkshire Hathaway Inc. Class A 0.37% 1 $754K No change
ADSK Autodesk Inc. 0.33% 2,115 $672K Add +62.7%
WMT Walmart Inc. 0.33% 6,502 $670K Reduce -3.7%
DFSE Dimensional Em Sus CORE1 ETF 0.33% 15,968 $656K Reduce -0.4%
TSLA Tesla Inc. 0.29% 1,320 $587K No change
MRSH Marsh & McLennan Cos 0.28% 2,805 $565K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 4,850 $555K Reduce -2.0%
NFLX Netflix Inc. 0.24% 401 $481K No change
COST Costco Wholesale Corp. 0.21% 465 $430K Add +2.0%
DFSI Dimensional Int Sus COR1 ETF 0.20% 9,924 $406K No change
GOOGL Alphabet Inc. Class A 0.19% 1,573 $382K No change
GOOG Alphabet Inc. Class C 0.18% 1,458 $355K Add +3.0%
DFAS Dimensional US Small Cap ETF 0.16% 4,814 $330K No change
CRM Salesforce Inc. 0.16% 1,382 $328K New
CAT Caterpillar Inc. 0.15% 632 $302K Reduce -5.3%
CSX CSX Corp. 0.15% 8,387 $298K Reduce -15.8%
VOO Vanguard S&P 500 ETF 0.14% 466 $286K Reduce -6.8%
VGSH Vanguard Short-Term Treasury 0.13% 4,378 $258K Add +1.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.13% 905 $255K New
NVDA Nvidia Corp. 0.12% 1,263 $236K Reduce -7.0%
JNJ Johnson & Johnson 0.12% 1,264 $234K New
BSV Vanguard Short-Term Bond ETF 0.11% 2,932 $231K Reduce -2.3%
FTNT Fortinet Inc. 0.11% 2,653 $223K No change
AVGE Avantis All Eqty Mrkts ETF 0.11% 2,646 $221K New
QQQ Invesco QQQ Trust Series 1 0.10% 350 $210K New
CVX Chevron Corp. 0.10% 1,349 $209K New
AVDV Avantis Intl S/C Value ETF 0.10% 2,343 $209K Reduce -19.2%
VTI VG Morningstar TS MKT ETF-US 0.10% 626 $205K New
DFIP Dimensional Inflation-Protec 0.10% 4,788 $202K No change
JOBY Joby Aviation Inc. 0.08% 10,314 $166K No change

Portfolio Sells Q2 2025 → Q3 2025
DFUV Dimensional US Marketwide Va Reduce -1.7% 12.82% −0.87
DFAT Dimensional US Target Value Reduce -2.3% 12.16% −0.64
FICO Fair Isaac Corp. Reduce -15.8% 0.59% −0.36
DIS The Walt Disney Co. Reduce -2.0% 0.28% −0.06
CSX CSX Corp. Reduce -15.8% 0.15% −0.03
WMT Walmart Inc. Reduce -3.7% 0.33% −0.03
AVDV Avantis Intl S/C Value ETF Reduce -19.2% 0.10% −0.02
BSV Vanguard Short-Term Bond ETF Reduce -2.3% 0.11% −0.02
VOO Vanguard S&P 500 ETF Reduce -6.8% 0.14% −0.01
DFSE Dimensional Em Sus CORE1 ETF Reduce -0.4% 0.33% −0.01
NVDA Nvidia Corp. Reduce -7.0% 0.12% −0.00
CAT Caterpillar Inc. Reduce -5.3% 0.15% +0.01
AAPL Apple Inc. Reduce -9.8% 5.12% +0.04

Portfolio Buys Q2 2025 → Q3 2025
AVUV Avantis US Small Cap Value Add +10.8% 9.50% +0.79
AVLV Avantis US Large Cap Value Add +16.1% 6.58% +0.65
BND Vanguard Total Bond Market Add +24.5% 3.00% +0.35
MSFT Microsoft Corp. Add +30.0% 1.59% +0.29
CRM Salesforce Inc. New 0.16% +0.16
IBM Intl Business Machines Corp. New 0.13% +0.13
JNJ Johnson & Johnson New 0.12% +0.12
ADSK Autodesk Inc. Add +62.7% 0.33% +0.11
AVGE Avantis All Eqty Mrkts ETF New 0.11% +0.11
QQQ Invesco QQQ Trust Series 1 New 0.10% +0.10
CVX Chevron Corp. New 0.10% +0.10
VTI VG Morningstar TS MKT ETF-US New 0.10% +0.10
DIHP Dimensional International Hi Add +10.4% 2.84% +0.07
BNDX Vanguard Total Intl Bond ETF Add +22.7% 0.68% +0.06
GOOG Alphabet Inc. Class C Add +3.0% 0.18% +0.04
DFUS Dimensional US Eq MKT ETF Add +2.6% 10.20% −0.00
DFSV Dimensional US Small Cap Val Add +2.2% 0.82% −0.00
DISV Dimensional International SM Add +2.2% 4.95% −0.01
VGSH Vanguard Short-Term Treasury Add +1.9% 0.13% −0.01
DFEM Dimensional Emrg MRKT Core Add +0.9% 0.78% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +3.9% 0.48% −0.02
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.0% 0.54% −0.02
COST Costco Wholesale Corp. Add +2.0% 0.21% −0.03
AMZN Amazon.com Inc. Add +0.8% 0.43% −0.04
DFGR Dim Global Real Estate ETF Add +1.7% 0.84% −0.06
VGSR Vert GLB Sust Re ETF Add +0.9% 1.06% −0.08
VTIP Vanguard Short-Term Tips Add +5.4% 2.74% −0.13
DFIV Dimensional International Va Add +0.7% 7.57% −0.18

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 63$256.1MAVUV, DFUV, DFAT, DFUS, AVLV
Q1 2026 60$221.2MDFUV, DFAT, AVUV, DFUS, AVLV
Q4 2025 58$207.9MDFUV, DFAT, DFUS, AVUV, DFIV
Q3 2025 59$201.9MDFUV, DFAT, DFUS, AVUV, DFIV
Q2 2025 52$181.9MDFUV, DFAT, DFUS, AVUV, DFIV
Q1 2025 53$170.5MDFUV, DFAT, DFUS, AVUV, DFIV
Q4 2024 50$166.2MDFUV, DFAT, DFUS, AVUV, AAPL
Q3 2024 50$161.6MDFUV, DFAT, DFUS, AVUV, DFIV
Q2 2024 47$141.8MDFUV, DFAT, DFUS, DFIV, S
Q1 2024 49$143.7MDFUV, DFAT, DFUS, S, DFIV