13F value (AUM)
$16.4B
Merit Financial Group
MERIT FINANCIAL GROUP, LLC
$16.4B
13F long value · 2026-Q2Positions2360
CategoryAsset Manager
Quarters tracked9
● #383 of 581 by 13F value
Size rank 4/10
3 NEW294 ADD98 2×+157 TRIM6 NEAR EXIT1 EXIT
Snapshot
Merit Financial Group's 13F portfolio at a glance — size, concentration and this quarter's activity.
Positions
2360 (123 unmapped)
Top 100 weight
63.5%
Quarters tracked
9
Latest 13F filed
Jul 20, 2026
New positions
3
Exits / near-exits
7
13F value by quarter
Total reported long value each quarter — fund flows plus market moves.
Top holdings — 2026-Q2
The fund's largest reported positions (PUT/CALL rows are option positions, reported separately). The 100 shown cover 63.5% of the portfolio.
| Ticker | Issuer | Weight | Value | Shares | Since 2026-Q2 |
|---|---|---|---|---|---|
| VUG | VANGUARD INDEX FDS | 2.6% | $426.4M | 5.0M | — |
| IUSG | ISHARES TR | 2.4% | $393.6M | 2.1M | — |
| AAPL | APPLE INC | 2.2% | $352.9M | 1.2M | +14.8% |
| QLTY | GMO ETF TRUST | 2.1% | $351.7M | 8.4M | — |
| IUSV | ISHARES TR | 2.0% | $327.9M | 3.0M | — |
| MGK | VANGUARD WORLD FD | 2.0% | $320.2M | 3.6M | — |
| DYNF | BLACKROCK ETF TRUST | 1.9% | $307.5M | 4.5M | — |
| MGV | VANGUARD WORLD FD | 1.6% | $270.1M | 1.7M | — |
| IVV | ISHARES TR | 1.6% | $264.7M | 353.5K | — |
| NVDA | NVIDIA CORPORATION | 1.6% | $260.5M | 1.3M | +18.1% |
| SPY PUT | STATE STR SPDR S&P 500 ETF T | 1.4% | $232.5M | 311.4K | — |
| VTV | VANGUARD INDEX FDS | 1.4% | $222.1M | 1.0M | — |
| CORO | BLACKROCK ETF TRUST | 1.3% | $210.2M | 5.7M | — |
| MSFT | MICROSOFT CORP | 1.2% | $194.3M | 520.8K | +39.4% |
| VOO | VANGUARD INDEX FDS | 1.1% | $187.1M | 272.4K | — |
Option positions — 2026-Q2
$275.5M across 17 put positions vs $10.2M across 25 call positions — put/call ratio 26.93. Values are notional — the market value of the shares the options reference.
| Type | Ticker | Issuer | Underlying shares | Notional value | % of 13F value |
|---|---|---|---|---|---|
| PUT | SPY | STATE STR SPDR S&P 500 ETF T | 311.4K | $232.5M | 1.4% |
| PUT | AVGO | BROADCOM INC | 60.3K | $22.8M | 0.1% |
| PUT | AAPL | APPLE INC | 23.3K | $6.7M | 0.0% |
| CALL | SPY | STATE STR SPDR S&P 500 ETF T | 7.1K | $5.3M | 0.0% |
| PUT | UPS | UNITED PARCEL SVCS INC | 40.8K | $4.4M | 0.0% |
| PUT | SMH | VANECK ETF TRUST | 3.5K | $2.3M | 0.0% |
| CALL | GME | GAMESTOP CORP | 90.0K | $2.0M | 0.0% |
| PUT | NVDA | NVIDIA CORPORATION | 6.4K | $1.3M | 0.0% |
| PUT | PNC | PNC FINL SVCS GROUP INC | 4.6K | $1.1M | 0.0% |
| PUT | MSFT | MICROSOFT CORP | 2.6K | $969.9K | 0.0% |
Quarterly changes — 2026-Q2
What Merit Financial Group opened, added, trimmed and exited this quarter, largest dollar moves first.
| Action | Ticker | Issuer | Prev shares | Curr shares | Change | Value Δ |
|---|---|---|---|---|---|---|
| 2×+ | MGK | VANGUARD WORLD FD | 542.4K | 3.6M | +571.4% | +$120.9M |
| ADD | DYNF | BLACKROCK ETF TRUST | 3.4M | 4.5M | +34.8% | +$112.4M |
| 2×+ | VUG | VANGUARD INDEX FDS | 824.2K | 5.0M | +500.6% | +$66.4M |
| TRIM | EFV | ISHARES TR | 2.4M | 1.5M | -35.7% | -$59.5M |
| TRIM | QUAL | ISHARES TR | 501.9K | 173.2K | -65.5% | -$58.3M |
| NEW | IALT | BLACKROCK ETF TRUST | — | 1.6M | — | +$46.1M |
| NEW | GGOV | BLACKROCK ETF TRUST II | — | 844.5K | — | +$42.5M |
| NEAR EXIT | IAGG | ISHARES TR | 905.0K | 90.4K | -90.0% | -$40.7M |
| 2×+ | EFG | ISHARES TR | 251.7K | 551.3K | +119.0% | +$40.6M |
| ADD | GOOG | ALPHABET INC | 209.5K | 278.1K | +32.7% | +$38.2M |
Conviction over time
Portfolio weight of the current top long holdings, quarter by quarter — rising weight = growing conviction.