SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Merit Financial Group, LLC

CIK 0001621225 · 2400 LAKEVIEW PARKWAY, SUITE 550, ALPHARETTA, GA, 30009 · 678-867-7050

Reported Value
$2.3B
Q3 2022
Positions
602
Filings on Record
31
2019–present window
Filed
Oct 31, 2022
original filing

Summary

Merit Financial Group, LLC reported $2.3B in U.S.-listed holdings across 602 positions for Q3 2022.

Its largest position, Schwab Strategic Tr, represents 8.8% of the portfolio.

Compared with Q2 2022, the fund opened 79 new positions and exited 81.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+50.0%
share of reported value
Largest Position
+8.8%
Schwab Strategic Tr
New / Exited
79 / 81
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $665MQ4 ’18Q1 ’19: $820MQ2 ’19: $853MQ3 ’19: $915MQ4 ’19: $1.1BQ4 ’19Q1 ’20: $895MQ2 ’20: $1.0BQ3 ’20: $1.1BQ4 ’20: $1.0BQ4 ’20Q1 ’21: $956MQ2 ’21: $1.1BQ3 ’21: $955MQ4 ’21: $1.0BQ4 ’21Q1 ’22: $1.7BQ2 ’22: $3.2BQ3 ’22: $2.3BQ4 ’22: $2.8BQ4 ’22Q1 ’23: $2.8BQ2 ’23: $3.1BQ3 ’23: $3.1BQ4 ’23: $3.3BQ4 ’23Q1 ’24: $4.2BQ2 ’24: $4.5BQ3 ’24: $4.5BQ4 ’24: $5.6BQ4 ’24Q1 ’25: $6.7BQ2 ’25: $9.0BQ3 ’25: $10.9BQ4 ’25: $12.5BQ4 ’25Q1 ’26: $13.5Bfilingsflow.com

Portfolio Composition

By security type
ETP: 73.9%Common Stock: 24.2%Other: 0.8%Closed-End Fund: 0.7%REIT: 0.3%Other: 0.2%
  • ETP · 73.9% · $1.7B
  • Common Stock · 24.2% · $558M
  • Other · 0.8% · $18M
  • Closed-End Fund · 0.7% · $16M
  • REIT · 0.3% · $6M
  • Other · 0.2% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCH TRD SLF IDX FDNEW+232.9K232.9K+$8M$8M
SPDR SER TRNEW+158.5K158.5K+$5M$5M
KEYSKEYSIGHT TECHNOLOGIES INCNEW+21.1K21.1K+$3M$3M
SPDR SER TRNEW+26.3K26.3K+$3M$3M
SPDR SER TRNEW+89.4K89.4K+$3M$3M
ISHARES TRNEW+66.2K66.2K+$3M$3M
PIMCO ETF TRNEW+58.1K58.1K+$3M$3M
BSXBOSTON SCIENTIFIC CORPNEW+71.9K71.9K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2022

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VUGVANGUARD INDEX FDSGROWTH ETF · TOTAL STK MKT · S&P 500 ETF SHS · VALUE ETF · EXTEND MKT ETF19.92%$459M2.15M
2SCHWAB STRATEGIC TRUS DIVIDEND EQ8.84%$204M3.07M
3VANGUARD BD INDEX FDSSHORT TRM BOND · INTERMED TERM7.03%$162M2.18M
4ISHARES TRCORE S&P500 ETF · ESG AWR MSCI USA · MSCI USA MIN VOL · EAFE VALUE ETF · IBONDS DEC22 ETF · CORE TOTAL USD · EAFE GRWTH ETF · CORE S&P TTL STK · US TREAS BD ETF · MSCI USA MMENTM · CORE S&P SCP ETF6.92%$160M2.33M
5UPSUNITED PARCEL SERVICE INChistory →CL B5.85%$135M834.3K
6INVESCO EXCHANGE TRADED FD TS&P500 QUALITY4.67%$108M2.71M
7AAPLAPPLE INChistory →COM2.53%$58M422.1K
8SPDR SER TRPORTFOLIO S&P600 · PRTFLO S&P500 GW2.42%$56M1.54M
9WISDOMTREE TRFLOATNG RAT TREA · US QTLY DIV GRT2.09%$48M947.7K
10VANGUARD WORLD FDMEGA CAP VAL ETF · MEGA GRWTH IND1.46%$34M298.7K
11TSLATESLA INChistory →COM1.39%$32M120.4K
12VANGUARD ADMIRAL FDS INC500 VAL IDX FD · 500 GRTH IDX F1.21%$28M184.8K
13MSFTMICROSOFT CORPhistory →COM0.95%$22M94.0K
14AMZNAMAZON COM INChistory →COM0.80%$18M162.5K
15SPDR S&P 500 ETF TRTR UNIT0.74%$17M47.6K
16INVESCO EXCH TRD SLF IDX FDRAFI STRATGIC US · RUSL 1000 DYNM0.65%$15M417.7K
17VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.59%$14M376.5K
18JNJJOHNSON & JOHNSONhistory →COM0.55%$13M77.1K
19VANGUARD MUN BD FDSTAX EXEMPT BD0.50%$12M239.3K
20DFACDIMENSIONAL ETF TRUSThistory →US CORE EQUITY 20.46%$11M479.8K
21INVESCO EXCH TRADED FD TR IISR LN ETF0.41%$9M468.0K
22EXMOCEXXON MOBIL CORPCOM0.39%$9M102.8K
23ISHARES INCCORE MSCI EMKT0.37%$8M197.1K
24BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.33%$8M28.3K
25HDHOME DEPOT INCCOM0.32%$7M26.5K
26GOOGLALPHABET INCCAP STK CL A0.30%$7M71.1K
27SELECT SECTOR SPDR TRSBI HEALTHCARE0.29%$7M54.8K
28METAMETA PLATFORMS INCCL A0.28%$6M47.8K
29CHVCHEVRON CORP NEWCOM0.27%$6M43.5K
30PIMCO ETF TR0-5 HIGH YIELD0.26%$6M69.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$13.5B7,348Apr 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$12.5B6,866Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$10.9B6,380Nov 7, 2025RESTATEMENTchanges · EDGAR ↗
Q2 2025$9.0B1,708Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$6.7B1,411Apr 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.6B1,152Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.5B831Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.5B914Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.2B863May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.3B773Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.1B740Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.1B747Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.8B638Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.8B706Jan 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.3B602Oct 31, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.2B761Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.7B385May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.0B275Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$955M264Oct 27, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B263Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$956M234May 18, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.0B214Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.1B228Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.0B220Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$895M223May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B232Jan 16, 202013F-HRchanges · EDGAR ↗
Q3 2019$915M138Nov 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$853M127Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$820M129May 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$665M117Feb 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.