1y return−15.7%S&P 500 +20.9%
3y return+22.1%S&P 500 +68.5%
5y return+10.4%S&P 500 +74.5%
10y return+213.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $313 against $357 in the S&P 500.2
Meritage Group LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MSFTMicrosoft Corp | $477.0M | 18.4% | |
| AMZNAmazon Com Inc | $367.6M | 14.2% | −16.9% |
| COFCapital One Finl Corp | $265.1M | 10.2% | |
| TRUTransunion | $263.8M | 10.2% | |
| Aon PLCCUSIP G0403H108 | $227.0M | 8.7% | |
| SPGIS&p Global Inc | $206.7M | 8.0% | |
| WDAYWorkday Inc | $200.0M | 7.7% | |
| METAMeta Platforms Inc | $161.3M | 6.2% | New |
| MSCIMsci Inc | $153.8M | 5.9% | −32.4% |
| CSGPCostar Group Inc | $152.8M | 5.9% | +62.0% |
| TOSTToast Inc | $95.5M | 3.7% | |
| EFXEquifax Inc | $24.6M | 0.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMZNAmazon Com Inc | June 30, 2021 | +38.6% | $367.6M |
| COFCapital One Finl Corp | December 31, 2024 | +12.5% | $265.1M |
| TOSTToast Inc | March 31, 2026 | +4.9% | $95.5M |
| Aon PLCCUSIP G0403H108 | March 31, 2026 | +2.8% | $227.0M |
| MSFTMicrosoft Corp | March 31, 2025 | −0.6% | $477.0M |
| MSCIMsci Inc | June 30, 2025 | −2.9% | $153.8M |
| SPGIS&p Global Inc | March 31, 2026 | −4.3% | $206.7M |
| TRUTransunion | June 30, 2023 | −7.9% | $263.8M |
| CSGPCostar Group Inc | March 31, 2026 | −29.8% | $152.8M |
| WDAYWorkday Inc | June 30, 2020 | −34.7% | $200.0M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +0.4% | +14.8% |
| March 31, 2026 | −18.8% | −4.6% |
| December 31, 2025 | +1.8% | +2.4% |
| September 30, 2025 | +1.6% | +7.8% |
| June 30, 2025 | +14.8% | +10.5% |
| March 31, 2025 | −4.9% | −4.6% |
| December 31, 2024 | −2.3% | +2.1% |
| September 30, 2024 | +13.0% | +5.4% |
| June 30, 2024 | −7.9% | +4.0% |
| March 31, 2024 | +14.6% | +10.0% |
| December 31, 2023 | +15.6% | +11.2% |
| September 30, 2023 | −1.6% | −3.6% |
| June 30, 2023 | +12.3% | +8.3% |
| March 31, 2023 | +11.8% | +7.0% |
| December 31, 2022 | +6.2% | +7.1% |
| September 30, 2022 | −6.7% | −5.3% |
| June 30, 2022 | −24.8% | −16.5% |
| March 31, 2022 | −5.9% | −4.9% |
| December 31, 2021 | +0.9% | +10.7% |
| September 30, 2021 | +2.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Meritage Group LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1427119&type=13F-HR&dateb=&owner=include&count=40CIK 1427119
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1427119/000142711926000007/Filed August 13, 2026 · accession 0001427119-26-000007