Meritage Group LP

CIK 1427119 · View on SEC EDGAR ↗

Portfolio value
$2.6B
#1,285 of 9,443 by 13F value · top 13.6%
Positions
12
As of
June 30, 2026

Portfolio value QoQ: -2.1% 13F does not disclose cash

Top 10 holdings weight
95.37%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
9.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 8.81% Est. buys $230,985,832 · sells $334,357,649

Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 41.4% still held

New positions
1
Increased
9
Decreased
2
Closed
2
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-7.3%
S&P 500 total return (same window)
+28.1%
Excess return
-35.3%

Annualized: -4.9% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Financial Services
27.8%
Technology
26.1%
Retail
14.2%
Industrials
11.1%
Financials
8.7%
Communication Services
6.2%
Real Estate
5.9%

Full portfolio 12 positions

Type Streak 8Q trend
MSFT Microsoft Corporation - Common Stock $476,963,142 18.38% 1,278,653 $6,651,052 Up ×3
AMZN Amazon.com, Inc. - Common Stock $367,614,901 14.17% 1,542,397 $-18,726,990 Down ×1
COF Capital One Financial Corporation Common Stock $265,104,885 10.22% 1,321,428 $25,568,275 Up ×1
TRU TransUnion Common Stock $263,750,838 10.16% 3,656,097 $12,392,563 Up ×1
AON Aon plc Class A Ordinary Shares (Ireland) $227,047,775 8.75% 684,518 $7,502,825 Up ×1
SPGI S&P Global Inc. Common Stock $206,739,430 7.97% 507,635 $-7,806,319 Up ×1
WDAY Workday, Inc. - Class A Common Stock $199,960,706 7.71% 1,633,399 $-10,902,312 Up ×4
META Meta Platforms, Inc. - Class A Common Stock $161,321,186 6.22% 286,391 Up ×1
MSCI MSCI Inc. Common Stock $153,769,623 5.93% 274,569 $-65,113,714 Down ×2
CSGP CoStar Group, Inc. - Common Stock $152,762,724 5.89% 5,394,164 $18,470,622 Up ×1
TOST Toast, Inc. Class A Common Stock $95,478,991 3.68% 3,432,027 $5,073,979 Up ×1
EFX Equifax, Inc. Common Stock $24,648,422 0.95% 155,295 $-3,137,820 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
MSFT $476,963,142 18.38% up ×3
WDAY $199,960,706 7.71% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
META $161,321,186 286,391 6.22%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MSCI Trimmed -132K -$65.1M
COF Bought more +8K +$25.6M
AMZN Trimmed -313K -$18.7M
CSGP Bought more +2.1M +$18.5M
TRU Bought more +23K +$12.4M
WDAY Bought more +10K -$10.9M
SPGI Bought more +3K -$7.8M
AON Bought more +4K +$7.5M
MSFT Bought more +8K +$6.7M
TOST Bought more +22K +$5.1M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
AON March 31, 2025 996,211 $357,799,143 -12.1%
ADSK June 30, 2025 1,138,082 $297,949,868 -18.1%
CP June 30, 2025 3,773,482 $265,101,876 19.5%
QSR March 31, 2026 3,200,731 $218,385,876 8.7%
SGI March 31, 2026 2,403,651 $214,597,961 -11.9%
GE March 31, 2025 1,231,708 $205,436,578 76.4%
CRL March 31, 2025 1,074,120 $198,282,552 93.3%
A Dec. 31, 2025 1,325,963 $170,187,351 14.5%
ABNB Sept. 30, 2025 1,261,608 $166,961,203 53.4%
PCOR June 30, 2026 2,678,410 $152,669,370 54.3%
UNH March 31, 2025 300,755 $152,139,924 -25.1%
CRH March 31, 2025 1,633,095 $151,093,950 6.1%
MCHP June 30, 2025 2,999,177 $145,190,159 8.3%
EFX June 30, 2025 402,901 $98,130,568 -25.4%
ADI Sept. 30, 2025 397,768 $94,676,739 52.0%
SPY Sept. 30, 2025 106,022 $65,505,693 No longer tracked
TDG June 30, 2025 38,290 $52,966,174 -20.3%
PRM March 31, 2025 3,916,272 $50,049,956 205.9%
SPY June 30, 2026 51,554 $33,527,628 No longer tracked
DLTR June 30, 2025 58,257 $4,373,353 30.9%