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

As of Sep 30, 2025, the Meritage Group portfolio balances reported a total equity value of $3.50B across 11 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated Nov 13, 2025, providing an updated snapshot of assets under management.

The portfolio balances highlight MICROSOFT CORP (MSFT) as the single largest position, accounting for 16.6% of total equity value, followed by AMAZON COM INC (AMZN), CAPITAL ONE FINL CORP (COF), TRANSUNION (TRU), and others. Collectively, the top five holdings represent 68.2% of the portfolio, showing how capital is distributed among core positions and long-term investments.