MERITAGE PORTFOLIO MANAGEMENT Q2 2025 Filing

Filed July 25, 2025

Portfolio Value

$1.6T

Holdings

326

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (326 positions)

#StockSharesValue% PortfolioType
101
USBUS BANCORP
102,950$4.7B0.29%
102
BMTABRITISH AMERICAN TOBACCO PLC A
97,914$4.6B0.29%
103
ACGLARCH CAPITAL GROUP
50,227$4.6B0.29%
104
PAGPPLAINS GP HOLDINGS LP
233,818$4.5B0.29%
105
NTAPNETAPP INC.
41,555$4.4B0.28%
106
SHELSHELL PLC
61,529$4.3B0.27%
107
NJRNEW JERSEY RESOURCES CORP
96,613$4.3B0.27%
108
IDV*iSHARES INTERNATIONAL SELECT D
124,153$4.3B0.27%
109
CMCSACOMCAST CORP CL A
119,726$4.3B0.27%
110
NNGRYNN GROUP N.V.
123,453$4.1B0.26%
111
ABEVAMBEV SA
1,701,220$4.1B0.26%
112
REEVEREST GROUP LTD
11,962$4.1B0.26%
113
GLWCORNING INC
77,050$4.1B0.26%
114
LOWLOWES COMPANIES
18,060$4.0B0.25%
115
CSCOCISCO SYSTEMS INC
57,549$4.0B0.25%
116
KMBKIMBERLY CLARK CORP
30,500$3.9B0.25%
117
BNPQYBNP PARIBAS ADR
86,398$3.9B0.25%
118
NLYANNALY CAPITAL MANAGEMENT
204,205$3.8B0.24%
119
TIMBTIM S A SPONSORED ADR
189,218$3.8B0.24%
120
IGIBiSHARES INT-TERM CORP BOND ETF
68,398$3.6B0.23%
121
DNKEYDANSKE BANK AS
176,433$3.6B0.23%
122
WPPWPP PLC
102,647$3.6B0.23%
123
VRTSVIRTUS INVESTMENT PARTNERS INC
19,789$3.6B0.23%
124
EMNEASTMAN CHEMICAL COMPANY
47,478$3.5B0.22%
125
EMEEMCOR GROUP INC
6,612$3.5B0.22%
126
CMICUMMINS INC
10,796$3.5B0.22%
127
SUBISHARES S&P SHORT TERM NATIONA
33,036$3.5B0.22%
128
BACVERIZON COMMUNICATIONS
80,284$3.5B0.22%
129
NNNNNN REIT, INC.
79,057$3.4B0.22%
130
SUSUNCOR ENERGY INC
89,323$3.3B0.21%
131
KTBKONTOOR BRANDS INC
50,029$3.3B0.21%
132
FIXCOMFORT SYSTEMS USA INC
6,099$3.3B0.21%
133
CAGCONAGRA FOODS INC
159,648$3.3B0.21%
134
PRUPRUDENTIAL FINANCIAL INC
30,281$3.3B0.21%
135
MDTMEDTRONIC HLDG LTD
36,921$3.2B0.20%
136
OMCOMNICOM
43,986$3.2B0.20%
137
LXPUSDLEXINGTON INDUSTRIAL TRUST
375,692$3.1B0.20%
138
GTYGETTY REALTY CORP
109,503$3.0B0.19%
139
NHINATIONAL HEALTH INVESTORS
42,960$3.0B0.19%
140
SRSPIRE INC
40,630$3.0B0.19%
141
OTXOPEN TEXT CORP
97,740$2.9B0.18%
142
LADRLADDER CAPITAL CORP
262,457$2.8B0.18%
143
RMBS*RAMBUS INC
41,824$2.7B0.17%
144
GTXGARRETT MOTION INC
254,729$2.7B0.17%
145
ORIOLD REPUBLIC INTL
68,582$2.6B0.17%
146
HMNHORACE MANN EDUCATORS CORP
60,761$2.6B0.17%
147
HTDCORCEPT THERAPEUTICS INC
35,239$2.6B0.16%
148
SCHRSCHWAB INTERMEDIATE-TERM US TR
101,913$2.6B0.16%
149
ALSNALLISON TRANSMISSION HOLDINGS
26,725$2.5B0.16%
150
WECWISCONSIN ENERGY CORP
24,244$2.5B0.16%
151
OSPNONESPAN INC
150,860$2.5B0.16%
152
PAYXPAYCHEX INC
16,733$2.4B0.15%
153
CBSHCOMMERCE BANCSHARES
39,034$2.4B0.15%
154
HTOH20 AMERICA
45,550$2.4B0.15%
155
VYMVANGUARD HIGH DIVIDEND YIELD E
17,588$2.3B0.15%
156
WMTWAL-MART STORES INC
23,030$2.3B0.14%
157
ITUBITAU UNIBANCO HOLDINGS S.A.
324,118$2.2B0.14%
158
GDDYGODADDY INC
12,018$2.2B0.14%
159
GICGLOBAL INDUSTRIAL CO
78,775$2.1B0.13%
160
PLDPROLOGIS INC
19,482$2.0B0.13%
161
RIORIO TINTO PLC SPONSORED ADR
33,436$2.0B0.12%
162
SUPNSUPERNUS PHARMACEUTICALS INC
60,398$1.9B0.12%
163
MLIMUELLER INDUSTRIES INC
23,756$1.9B0.12%
164
IJRISHARES S&P SMALLCAP 600
17,029$1.9B0.12%
165
ADEAADEIA INC
121,408$1.7B0.11%
166
HDHOME DEPOT INC
4,417$1.6B0.10%
167
SCHBSCHWAB US BROAD MARKET ETF
66,949$1.6B0.10%
168
SHMSPDR BARCLAYS CAPITAL SHRT TER
33,002$1.6B0.10%
169
VUGVANGUARD GROWTH ETF
3,528$1.5B0.10%
170
AXSAXIS CAPITAL HOLDINGS LTD
14,878$1.5B0.10%
171
CNMCORE & MAIN INC
25,520$1.5B0.10%
172
SLVISHARES SILVER TRUST
45,394$1.5B0.09%
173
BRK-BBERKSHIRE HATHAWAY INC-CL A
2$1.5B0.09%
174
MUBISHARES NATIONAL AMT-FREE MUNI
13,799$1.4B0.09%
175
MGYMAGNOLIA OIL & GAS CORP
58,104$1.3B0.08%
176
MCDMCDONALDS
4,460$1.3B0.08%
177
FTDRFRONTDOOR INC
19,986$1.2B0.07%
178
VEUVANGUARD FTSE ALL-WORLD EX-US
17,490$1.2B0.07%
179
AXONAXON ENTERPRISE INC
1,410$1.2B0.07%
180
AGXARGAN INC
5,277$1.2B0.07%
181
GOOGALPHABET INC CL C
6,501$1.2B0.07%
182
FISVFISERV INC
6,650$1.1B0.07%
183
SPHDINVESCO S&P 500 HIGH DIV LOW V
23,847$1.1B0.07%
184
LLYELI LILLY & CO
1,432$1.1B0.07%
185
FHIFEDERATED HERMES INC
23,972$1.1B0.07%
186
NDQINVESCO QQQ TRUST SERIES1
1,921$1.1B0.07%
187
UMBFUMB FINL CORP
9,910$1.0B0.07%
188
PBVPRESTIGE CONSUMER HEALTHCARE I
13,044$1.0B0.07%
189
CPRXCATALYST PHARMACEUTICALS INC
47,579$1.0B0.07%
190
VOYAVOYA FINANCIAL INC
14,431$1.0B0.06%
191
CLBTCELLEBRITE DI LTD
62,276$996.4M0.06%
192
AITAPPLIED INDUSTRIAL TECHNOLOGIE
4,213$979.3M0.06%
193
ARKBARK 21SHARES BITCOIN ETF
27,351$978.9M0.06%
194
PRGSPROGRESS SOFTWARE CORP
15,302$976.9M0.06%
195
COKECOCA-COLA BOTTLING CO
8,630$963.5M0.06%
196
IWBISHARES RUSSELL 1000 INDEX
2,824$958.9M0.06%
197
SCHPSCHWAB US TIPS ETF
34,940$932.2M0.06%
198
UNHUNITEDHEALTH GROUP INC
2,926$912.8M0.06%
199
NXSTNEXSTAR MEDIA GROUP
5,172$894.5M0.06%
200
VBVANGUARD SMALL-CAP ETF
3,741$886.5M0.06%
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