Q2 2026 13F · SEC CIK 1621225

Merit Financial Group, LLC

Wealth managerFiled 2026-07-20 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $16.1B
Reported positions: 2,318
Top holdings a year, 3 yrs: +17.8%
Assets under management: $23.9B

Merit Financial Group, LLC is a wealth manager that reported 2,318 positions worth $16.1B in its Q2 2026 13F, filed 2026-07-20. Its largest holdings were Vanguard Index Fds (VUG, 2.6%), Ishares Tr (IUSG, 2.4%), Apple Inc (AAPL, 2.2%). A portfolio copying its top holdings returned 17.8% a year over the last 3 years, against 22.3% for the S&P 500.

Merit Financial Group, LLC holdings largest 50 of 2,318 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Merit Financial Group, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VUGVanguard Index Fds	2.6%	2.7%	4,950,558	+500.6%	$426.4M
IUSGIshares Tr	2.4%	2.3%	2,092,449	+7.1%	$393.6M
AAPLApple Inc	2.2%	1.9%	1,219,742	+23.8%	$352.9M
QLTYGmo ETF Trust	2.2%	2.1%	8,449,244	+5.9%	$351.7M
IUSVIshares Tr	2.0%	2.1%	2,976,786	+6.7%	$327.9M
MGKVanguard World Fd	2.0%	1.5%	3,641,887	+571.4%	$320.2M
DYNFBlackrock ETF Trust	1.9%	1.4%	4,521,035	+34.8%	$307.5M
MGVVanguard World Fd	1.7%	1.4%	1,652,554	+23.6%	$270.1M
IVVIshares Tr	1.6%	1.6%	353,499	+10.0%	$264.7M
NVDANvidia Corporation	1.6%	1.5%	1,301,989	+13.6%	$260.5M
VTVVanguard Index Fds	1.4%	1.5%	1,019,302	+2.2%	$222.1M
COROBlackrock ETF Trust	1.3%	1.2%	5,742,774	+15.3%	$210.2M
MSFTMicrosoft Corp	1.2%	1.2%	520,766	+20.6%	$194.3M
VOOVanguard Index Fds	1.2%	1.2%	272,432	-0.9%	$187.1M
SPTISpdr Series Trust	1.1%	1.3%	6,449,298	+3.9%	$183.1M
QQQInvesco Qqq Tr	1.1%	1.0%	245,984	+5.0%	$181.1M
AVNMAvantis All	1.1%	1.1%	2,155,582	+6.4%	$177.6M
CWISpdr Index Shs Fds	0.9%	0.9%	3,751,310	+7.5%	$152.6M
USTBVictoryshares Short	0.9%	1.1%	2,939,884	+4.1%	$148.8M
GOVTIshares Tr	0.9%	0.9%	6,493,994	+23.5%	$147.9M
VFLOVictory Portfolios II Victoryshares Free	0.9%	0.8%	3,224,520	+14.2%	$147.5M
AMZNAmazon Com Inc	0.9%	0.8%	610,008	+21.3%	$145.4M
UBNDVictory Portfolios II	0.9%	1.0%	6,613,845	+3.6%	$143.7M
BINCBlackrock ETF Trust II	0.9%	0.9%	2,652,673	+11.7%	$138.8M
IEMGIshares Inc	0.8%	1.0%	1,636,220	-12.9%	$135.5M
MBBIshares Tr	0.8%	1.0%	1,433,945	+5.2%	$135.5M
VOVanguard Index Fds	0.8%	0.8%	1,674,384	+366.7%	$134.9M
GOOGLAlphabet Inc	0.8%	0.7%	339,733	+0.3%	$121.4M
BAIBlackrock ETF Trust	0.7%	0.6%	2,249,238	-10.6%	$118.6M
EFVIshares Tr	0.7%	1.3%	1,524,185	-35.7%	$116.7M
AVGOBroadcom Inc	0.7%	0.7%	307,472	+8.4%	$116.1M
VTIVanguard Index Fds	0.7%	0.7%	290,722	+5.4%	$107.6M
CGUSCapital Group Core Equity Et	0.6%	0.7%	2,268,466	-1.7%	$100.9M
VBVanguard Index Fds	0.6%	0.6%	329,358	+6.1%	$99.8M
GOOGAlphabet Inc	0.6%	0.4%	278,095	+32.7%	$98.3M
MTUMIshares Tr	0.6%	0.6%	274,471	-20.5%	$94.1M
BNDVanguard Bd Index Fds	0.6%	0.6%	1,249,034	+19.3%	$91.7M
UPSUnited Parcel Svcs Inc	0.6%	0.6%	848,643	+4.1%	$91.2M
CGGRCapital Group Growth ETF	0.6%	0.6%	1,930,814	+1.1%	$91.1M
CGDVCapital Group Dividend Value	0.5%	0.6%	1,765,060	-1.5%	$87.0M
JAAAJanus Detroit Str Tr	0.5%	0.6%	1,696,203	+2.3%	$85.6M
JPMJpmorgan Chase & Co	0.5%	—	245,022	—	$80.2M
VMBSVanguard Scottsdale Fds	0.5%	0.5%	1,619,728	+19.3%	$75.8M
BRK-BBerkshire Hathaway Inc Del	0.4%	0.5%	142,576	+12.0%	$71.3M
SHLDGlobal X Defense Tech ETF	0.4%	0.4%	1,172,606	+39.8%	$70.0M
EFGIshares Tr	0.4%	—	551,289	—	$68.6M
BTHMBlackrock ETF Trust	0.4%	0.6%	1,561,075	-24.4%	$67.3M
VEAVanguard Ftse Developed Markets Index Fu	0.4%	0.4%	934,207	+0.1%	$66.6M
SPYGState Street Spdr Portfolio S&p 500 Grow	0.4%	—	536,798	—	$63.9M
MUMicron Technology Inc	0.4%	—	54,879	—	$63.3M

What Merit Financial Group, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +10.5% /yr; S&P 500 +11.7%
3 years: +17.8% /yr; S&P 500 +22.3%
5 years: +3.4% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$16.1B	2,318
Q1 2026	$13.4B	2,107
Q4 2025	$12.5B	1,940
Q3 2025	$10.9B	1,781
Q2 2025	$9.0B	1,693
Q1 2025	$6.7B	1,394
Q4 2024	$5.6B	1,145
Q3 2024	$4.5B	825
Q2 2024	$4.5B	909
Q1 2024	$4.2B	860
Q4 2023	$3.3B	770
Q3 2023	$3.0B	735

Questions about Merit Financial Group, LLC's portfolio

What stocks does Merit Financial Group, LLC own?

Merit Financial Group, LLC's latest 13F, for Q2 2026 and filed Jul 20, 2026, lists 2,318 positions worth $16.1B. The largest are Vanguard Index Fds (VUG) at 2.6%, Ishares Tr (IUSG) at 2.4%, Apple Inc (AAPL) at 2.2%, Gmo ETF Trust (QLTY) at 2.2% and Ishares Tr (IUSV) at 2.0%.

What did Merit Financial Group, LLC buy last quarter?

In Q2 2026, Merit Financial Group, LLC added Vanguard World Fd (MGK) (+571.4% shares), Vanguard Index Fds (VUG) (+500.6% shares) and Vanguard Index Fds (VO) (+366.7% shares), compared with its Q1 2026 filing.

What did Merit Financial Group, LLC sell last quarter?

In Q2 2026, Merit Financial Group, LLC cut from its top 50 Ishares Tr (QUAL), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Capital Grp Fixed Incm ETF T (CGCP), cut from its top 50 Capital Grp Fixed Incm ETF T (CGCB), Ishares Tr (EFV) (-35.7% shares), Blackrock ETF Trust (BTHM) (-24.4% shares) and Ishares Tr (MTUM) (-20.5% shares), compared with its Q1 2026 filing.

How has Merit Financial Group, LLC's portfolio performed?

A portfolio copying Merit Financial Group, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.8% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +10.5% against +11.7%. Over 5 years: +3.4% a year against +10.6%.

When is Merit Financial Group, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Merit Financial Group, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Merit Financial Group, LLC manage?

Merit Financial Group, LLC reported $23.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $16.1B.