Nathaniel Simons - Meritage Group Portfolio Allocation (Sep 30, 2025)

As of Sep 30, 2025, the Meritage Group portfolio managed by Nathaniel Simons was diversified across 5 sectors, according to the most recent SEC 13F filing dated Nov 13, 2025. This allocation breakdown highlights where the portfolio is most concentrated and how capital is distributed across industries.

The Financial Services sector represents the largest share at 33.9% of total portfolio value, followed by Financial Services and Technology and Consumer Cyclical. Together, the top three sectors account for 93.9% of the portfolio, reflecting Nathaniel Simons's emphasis on strategic positioning. This sector allocation provides insights into the fund's investment strategy and risk exposure.