Meritage Group LP
SEC Form 13F institutional filer · CIK 0001427119
13F-HR · 10 reported holdings · 2026-03-31
Investment management firm.
Reported long-US-equity value
$2.16B
Top-10 concentration
100.0%
Meritage Group LP — $2.16B AUM allocation strategy
Meritage Group LP files SEC Form 13F and reports $2.16B of long US equity value across 10 reported holdings for 2026-03-31.
Its largest sector bet is Financials 41.4%, followed by Information Technology 31.6% and Consumer Discretionary 17.9%.
The top 10 holdings account for 100% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Meritage Group LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.16B
total across 10 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
100% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMZN +12K sh · −$39.1M+$WDAY +10.5K sh · −$135M+$MSFT +8.22K sh · −$140M
Biggest trims (shares)
−$COF −524K sh · −$206M−$MSCI −60.5K sh · −$48.8M−$EFX −11.2K sh · −$8.12M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Systems Software21.8%—
- Financial Exchanges & Data20.1%—
- Broadline Retail17.9%—
- Consumer Finance11.1%—
- Insurance Brokers10.2%—
- Application Software9.8%—
- Real Estate Services6.2%—
- Research & Consulting Services1.3%—
- Other holdings1.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $MSFT | Microsoft Corporation | 1.27M | $470M | +8.22K | 21.8% |
| $AMZN | Amazon.com Inc | 1.86M | $386M | +12K | 17.9% |
| $COF | Capital One Financial Corporation | 1.31M | $240M | -524K | 11.1% |
| $AON | Aon plc | 680K | $220M | — | 10.2% |
| $MSCI | MSCI Inc | 406K | $219M | -60.5K | 10.2% |
| $SPGI | S&P Global Inc | 504K | $215M | — | 10.0% |
| $WDAY | Workday Inc | 1.62M | $211M | +10.5K | 9.8% |
| $CSGP | CoStar Group Inc | 3.33M | $134M | — | 6.2% |
| $EFX | Equifax Inc | 154K | $27.8M | -11.2K | 1.3% |
…and 1 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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