Institutional Manager · CIK 0001427119
Meritage Group LP
SAN FRANCISCO, CA · File #028-12802
Latest AUM
$3.22B
Positions
10
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | AGILENT TECHNOLOGIES INC | 00846U101 | -1,325,963 | -$170.2M | $0 |
| REDUCE | CAPITAL ONE FINL CORP | 14040H105 | -481,817 | -$116.8M | +$69.1M |
| REDUCE | AMAZON COM INC | AMZN | -415,350 | -$95.9M | +$25.4M |
| ADD | MICROSOFT CORP | MSFT | +137,613 | +$66.6M | -$38.6M |
| REDUCE | SOMNIGROUP INTERNATIONAL INC | SGI | -632,554 | -$56.5M | +$15.0M |
| ADD | MSCI INC | MSCI | +51,309 | +$29.4M | +$2.6M |
| ADD | WORKDAY INC | WDAY | +123,270 | +$26.5M | -$38.6M |
| REDUCE | TRANSUNION | TRU | -133,575 | -$11.5M | +$10.8M |
| REDUCE | RESTAURANT BRANDS INTL INC | 76131D103 | -80,146 | -$5.5M | +$13.4M |
| REDUCE | PROCORE TECHNOLOGIES INC | PCOR | -58,125 | -$4.2M | -$490,989 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202510 pos · $3.22B
- 13F HOLDINGS REPORTQ/E Sep 202511 pos · $3.50B
- 13F HOLDINGS REPORTQ/E Jun 202513 pos · $3.65B
- 13F HOLDINGS REPORTQ/E Mar 202517 pos · $3.64B
- 13F HOLDINGS REPORTQ/E Dec 202420 pos · $4.19B
- 13F HOLDINGS REPORTQ/E Sep 202422 pos · $4.28B
- 13F HOLDINGS REPORTQ/E Jun 202460 pos · $3.94B
- 13F HOLDINGS REPORTQ/E Mar 202457 pos · $4.2M
- 13F HOLDINGS REPORTQ/E Dec 202350 pos · $4.2M
Top 10 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 1,262,311 | $610.5M | 18.98% |
| 2 | TRANSUNION | TRU | 5,334,488 | $457.4M | 14.23% |
| 3 | CAPITAL ONE FINL CORP | 14040H105 | 1,837,016 | $445.2M | 13.85% |
| 4 | AMAZON COM INC | AMZN | 1,843,006 | $425.4M | 13.23% |
| 5 | WORKDAY INC | WDAY | 1,612,523 | $346.3M | 10.77% |
| 6 | MSCI INC | MSCI | 466,617 | $267.7M | 8.33% |
| 7 | RESTAURANT BRANDS INTL INC | 76131D103 | 3,200,731 | $218.4M | 6.79% |
| 8 | SOMNIGROUP INTERNATIONAL INC | SGI | 2,403,651 | $214.6M | 6.67% |
| 9 | PROCORE TECHNOLOGIES INC | PCOR | 2,669,593 | $194.2M | 6.04% |
| 10 | EQUIFAX INC | EFX | 165,488 | $35.9M | 1.12% |