13F Pro13F Pro

Merit Financial Group, LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1621225
Institutional-grade research for retail investors

Sector Allocation

  • Other64.0%$10.3B
  • Technology13.0%$2.1B
  • Financials7.4%$1.2B
  • Industrials3.7%$600.4M
  • Consumer Discretionary2.7%$440.3M
  • Healthcare2.7%$433.1M
  • Consumer Staples2.1%$332.2M
  • Energy1.3%$213.5M
  • Utilities0.9%$145.3M
  • Materials0.8%$124.7M

AUM History

13fpro.ai/research/fund/merit-financial-group-llc-1621225

Conviction and streaks

Concentrating · top 10 = 20.4%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

Largest positions — Q2 2026

  • VANGUARD
    $426.4M
  • ISHARES
    $393.6M
  • AAPLAAPL
    $352.9M
  • GMO
    $351.7M
  • ISHARES
    $327.9M
  • VANGUARD
    $320.2M
  • BLACKROCK
    $307.5M
  • VANGUARD
    $270.1M
  • ISHARES
    $264.7M
  • NVDANVDA
    $260.5M
  • VANGUARD
    $222.1M
  • BLACKROCK
    $210.2M
  • MSFTMSFT
    $194.3M
  • VANGUARD
    $187.1M
  • SPDR
    $183.1M
  • QQQQQQ
    $181.1M
  • AMERICAN
    $177.6M
  • STTSTT
    $152.6M
  • VICTORY
    $148.8M
  • ISHARES
    $147.9M

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/merit-financial-group-llc-1621225

Merit Financial Group, LLC 13F holdings — Q2 2026

$16.4B portfolio (+21.7% QoQ) · 2,360 holdings · Q2 2026 13F · top 10 are 20% of the stock portfolio

Includes $285.8M of put/call options ($275.5M puts, $10.2M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $16.1B. Weights use the stock portfolio.

  • 1

    VANGUARD INDEX FDS - GROWTH ETF

    $426.4M

    2.6% of stocks

    +501%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 2

    ISHARES TR - CORE S&P US GWT

    $393.6M

    2.5% of stocks

    +7%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • $352.9M

    2.2% of stocks

    +24%This quarter+5.3%Since filed3+ qtrsHeld
    AIQuality75.7#88Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row
  • 4

    GMO ETF TRUST - US QUALITY ETF

    $351.7M

    2.2% of stocks

    +6%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 5

    ISHARES TR - CORE S&P US VLU

    $327.9M

    2.0% of stocks

    +7%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 6

    VANGUARD WORLD FD - MEGA GRWTH IND

    $320.2M

    2.0% of stocks

    +571%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 7

    BLACKROCK ETF TRUST - ISHARES US EQUIT

    $307.5M

    1.9% of stocks

    +35%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 8

    VANGUARD WORLD FD - MEGA CAP VAL ETF

    $270.1M

    1.7% of stocks

    +24%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 9

    ISHARES TR - CORE S&P500 ETF

    $264.7M

    1.6% of stocks

    +10%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • $260.5M

    1.6% of stocks

    +14%This quarter+6.3%Since filed3+ qtrsHeld
    AIQuality86.0#3Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row

All holdings — Merit Financial Group, LLC (Q2 2026)

2,360 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated. The page lists up to 1,000; every position is in the Excel export.

Company
SPY$SPYPUTSPDR S&P 500 ETF TRUST$232.5M+2%
— VANGUARD INDEX FDS - VALUE ETFetf/fund$222.1M+2%
— BLACKROCK ETF TRUST - ISHA IN CTRY ETFetf/fund$210.2M+15%
MSFT$MSFTMICROSOFT CORP$194.3M+21%
— VANGUARD INDEX FDS - S&P 500 ETF SHSetf/fund$187.1M-0.9%
— SPDR SERIES TRUST - ST INTER ETFetf/fund$183.1M+4%
QQQ$QQQINVESCO QQQ TRUST, SERIES 1etf/fund$181.1M+5%
— AMERICAN CENTY ETF TR - AVANTIS ALL INTetf/fund$177.6M+6%
STT$STTSTATE STREET CORPetf/fund$152.6M+8%
— VICTORY PORTFOLIOS II - SHORT TRM BD ETFetf/fund$148.8M+4%
— ISHARES TR - US TREAS BD ETFetf/fund$147.9M+23%
— VICTORY PORTFOLIOS II - SHS FR CA FL ETFetf/fund$147.5M+14%
AMZN$AMZNAMAZON COM INC$145.4M+21%
— VICTORY PORTFOLIOS II - CORE PLUS BD ETFetf/fund$143.7M+4%
— BLACKROCK ETF TRUST II - ISHA FLEX IN ETFetf/fund$138.8M+12%

What changed in Q2 2026

Against the previous quarter's 13F: 348 new, 1,199 added to, 761 trimmed, 103 sold out. Share-count changes; largest moves by dollar size first.

New positions (348)

  • BLACKROCK ETF TRUST - ISHA SYST AL ETF$46.1M

    first bought this quarter

  • BLACKROCK ETF TRUST II - ISHA GLO USD ETF$42.5M

    first bought this quarter

  • VANECK ETF TRUST - NATURAL RESOURC$10.1M

    first bought this quarter

  • HONA$HONAHoneywell Aerospace Inc.$6.0M

    first bought this quarter

  • SPY$SPYCALLSPDR S&P 500 ETF TRUST$5.3M

    first bought this quarter

  • SPCX$SPCXSPACE EXPLORATION TECHNOLOGIES CORP$5.1M

    first bought this quarter

+342 more in the Excel export

Added to (1,199)

  • VANGUARD INDEX FDS - GROWTH ETF+501%

    now $426.4M

  • VANGUARD WORLD FD - MEGA GRWTH IND+571%

    now $320.2M

  • VANGUARD INDEX FDS - MID CAP ETF+367%

    now $134.9M

  • BLACKROCK ETF TRUST - ISHARES US EQUIT+35%

    now $307.5M

  • AAPL$AAPLApple Inc.+24%

    now $352.9M · held 3+ qtrs, 2 adds in a row

  • VANGUARD WORLD FD - MEGA CAP VAL ETF+24%

    now $270.1M

+1,193 more in the Excel export

Trimmed (761)

  • ISHARES TR - MSCI USA QLT FCT-65%

    now $38.0M

  • ISHARES TR - EAFE VALUE ETF-36%

    now $116.7M

  • ISHARES TR - CORE INTL AGGR-90%

    now $4.6M

  • ISHARES TR - MSCI USA MMENTM-21%

    now $94.1M

  • BLACKROCK ETF TRUST - ISHA US THEM ETF-24%

    now $67.3M

  • ISHARES INC - CORE MSCI EMKT-13%

    now $135.5M

+755 more in the Excel export

Sold out (103)

  • AMPLIFY ETF TRwas $8.2M
  • CTRA$CTRACoterra Energy Inc.was $1.9M

    held 6+ qtrs

  • MASI$MASIMASIMO CORPwas $1.1M
  • WEX$WEXWEX Inc.was $1.1M
  • PCOR$PCORPROCORE TECHNOLOGIES, INC.was $1.1M
  • EXCHANGE PLACE ADVISORS TRUSwas $1.0M

+97 more in the Excel export

Firm AUM (Form ADV): $23.9B as of 2025-12-31 · SEC IAPD

Holdings by quarter

Every 13F Merit Financial Group, LLC has filed, 34 earlier quarters. Pick one to see what it held then.

Email me the moment this fund files its next 13FPro

Is it too late to follow Merit Financial Group?

Q2 2026 13F filed with the SEC on Jul 20, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of Merit Financial Group's top 20 holdings: 76/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)

Top 10 since filing

+2.5%

Value-weighted move of the 10 largest stock positions

Turnover

5%

Last quarter

Top 10 weight

20%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

0%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

Merit Financial Group, LLC disclosed 2,360 positions worth $16.4B in its Form 13F-HR for Q2 2026 — $16.1B in common stock plus $285.8M of put/call option positions (reported at underlying notional value, not premium at risk). During the quarter the fund opened 348 new positions and exited 103. The portfolio is most concentrated in Other (64.0% of disclosed assets). All figures are sourced directly from Merit Financial Group, LLC’s Form 13F-HR filing with the SEC under CIK 1621225.

Browse Top Institutional Investors

13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.

to search all 8,700+ institutional filers.

AI-Powered Hedge Fund Analysis: Merit Financial Group, LLC

13F Pro is an AI hedge fund tracker and stock research platform. For Merit Financial Group, LLC (SEC CIK: 1621225), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in Merit Financial Group, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.