Merit Financial Group is based out of Alpharetta. Merit Financial Group is a large advisory firm with 9154 clients and discretionary assets under management (AUM) of $5,483,416,255 (Form ADV from 2023-12-15). Their last reported 13F filing for Q4 2023 included $3,287,421,597 in managed 13F securities
and a top 10 holdings concentration of 41.85%. Merit Financial Group's largest holding is VANGUARD 500 INDEX FUND-ETF Shares with shares held of 597,315. Whalewisdom has at least 25 13F filings
2023-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| SPTI SPDR Bloomberg Barcl | 3.1% |
| USIG iShares Broad USD In | 1.83% |
| MINT PIMCO Enhanced Short | 1.29% |
| KORP American Century Div | 0.48% |
| VUG VANGUARD GROWTH INDE | 0.46% |
2023-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| BIV VANGUARD INTERMEDIAT | 2.2% |
| VGSH VANGUARD SHORT-TERM | 1.74% |
| SRLN SPDR Blackstone Seni | 0.48% |
| AAPL Apple Inc | 0.38% |
| SJNK SPDR Bloomberg Short | 0.33% |
2023-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| VOO VANGUARD 500 INDEX F | 7.94% |
| SCHD Schwab U.S. Dividend | 7.14% |
| VUG VANGUARD GROWTH INDE | 6.54% |
| UPS United Parcel Servic | 4.22% |
| SPTI SPDR Bloomberg Barcl | 3.61% |
2023-12-31
13F Activity
| Market Value | $3.29b, Prior: $3.06b |
| New Purchases | 105 stocks |
| Added To | 294 stocks |
| Sold out of | 71 stocks |
| Reduced holdings in | 345 stocks |
| Top 10 Holdings % | 41.85% |
| Turnover %[1] | 22.77% |
| Turnover Alt %[2] | 14.04% |
| Time Held Top 20 | 6.35 quarters |
| Time Held Top 10 | 5.8 quarters |
| Time Held All | 7.44 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31