Manager
Meritage Group LP
Chris James
30 processed 13Fs · since Q1 2019
AUM over time
13F holdings value ($ millions)
latest 2,650M · Q1 2026 · -17.6% QoQ
showing latest · scroll left for older quarters
Portfolio
Latest Disclosed Portfolio
2026 Q1 · filed 5/14/2026 · 13 long positions · top 12 shown
top 5 59.1% · top 10 94.3% · 12 ≥1% · full holdings →
- MICROSOFT CORP - MSFT 17.7%
- AMAZON COM INC - AMZN 14.6%
- TRANSUNION - TRU 9.5%
- CAPITAL ONE FINL CORP - COF 9.0%
- AON PLC - AON 8.3%
- MSCI INC - MSCI 8.3%
- S&P GLOBAL INC - SPGI 8.1%
- WORKDAY INC - WDAY 7.9%
- PROCORE TECHNOLOGIES INC 5.8%
- COSTAR GROUP INC - CSGP 5.1%
- TOAST INC 3.4%
- STATE STR SPDR S&P 500 ETF T - SPY 1.3%
- Other 1.0%
This quarter
2026 Q1 2025 Q4
- New 5
- Exit 2
- Add 4
- Reduce 4
this quarter’s activity
2026 Q1 vs 2025 Q4 · filed 5/14/2026 · 15 meaningful
| Action | Issuer | Δ Shares | Δ Value | Δ Port % |
|---|---|---|---|---|
| New | AON · Aon PLC | +680,169 | +$220M | +8.28 pp |
| New | SPGI · S&P Global Inc. | +504,410 | +$215M | +8.10 pp |
| New | CSGP · Costar Group Inc. | +3,329,006 | +$134M | +5.07 pp |
| New | Toast Inc. | +3,410,223 | +$90M | +3.41 pp |
| New | SPY · State Str Spdr S&P 500 ETF T | +51,554 | +$34M | +1.27 pp |
| Exit | QSR · Restaurant Brands Intl Inc. | -3,200,731 | −$218M | -6.79 pp |
| Exit | SGI · Somnigroup International Inc. | -2,403,651 | −$215M | -6.67 pp |
| Add | WDAY · Workday Inc. | +10,499 | −$135M | -2.81 pp |
| Add | AMZN · Amazon Com Inc. | +11,999 | −$39M | +1.35 pp |
| Add | MSFT · Microsoft Corp. | +8,219 | −$140M | -1.24 pp |
| Add | Procore Technologies Inc. | +8,817 | −$42M | -0.28 pp |
| Reduce | COF · Capital One Finl Corp. | -523,983 | −$206M | -4.81 pp |
| Reduce | TRU · Transunion | -1,701,618 | −$206M | -4.74 pp |
| Reduce | EFX · Equifax Inc. | -11,180 | −$8M | -0.07 pp |
| Reduce | MSCI · Msci Inc. | -60,533 | −$49M | -0.07 pp |
filings history
30 periods · normalized AUM · click period for holdings
| Period | Holdings | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| Q1 2026 | 13 | $2.7B | -17.6% | 13F-HR | 5/14/2026 | 000142711926000004 |
| Q4 2025 | 10 | $3.2B | -8.2% | 13F-HR | 2/13/2026 | 000142711926000002 |
| Q3 2025 | 11 | $3.5B | -4.1% | 13F-HR | 11/13/2025 | 000142711925000013 |
| Q2 2025 | 13 | $3.7B | +0.4% | 13F-HR | 8/13/2025 | 000142711925000011 |
| Q1 2025 | 17 | $3.6B | -13.3% | 13F-HR | 5/14/2025 | 000142711925000009 |
| Q4 2024 | 20 | $4.2B | -2.0% | 13F-HR | 2/13/2025 | 000142711925000002 |
| Q3 2024 | 22 | $4.3B | +8.7% | 13F-HR | 11/15/2024 | 000142711924000010 |
| Q2 2024 | 60 | $3.9B | -7.3% | 13F-HR | 8/13/2024 | 000142711924000008 |
| Q1 2024 | 57 | $4.2B | -2.3% | 13F-HR | 5/13/2024 | 000142711924000005 |
| Q4 2023 | 55 | $4.3B | +3.1% | 13F-HR | 2/12/2024 | 000142711924000002 |
| Q3 2023 | 50 | $4.2B | +17.4% | 13F-HR | 11/13/2023 | 000142711923000007 |
| Q2 2023 | 51 | $3.6B | +8.6% | 13F-HR | 8/11/2023 | 000142711923000004 |
| Q1 2023 | 51 | $3.3B | +14.0% | 13F-HR | 5/12/2023 | 000142711923000003 |
| Q4 2022 | 41 | $2.9B | -13.1% | 13F-HR | 2/13/2023 | 000142711923000002 |
| Q3 2022 | 35 | $3.3B | -3.7% | 13F-HR | 11/14/2022 | 000142711922000007 |
| Q2 2022 | 36 | $3.5B | -46.1% | 13F-HR | 8/12/2022 | 000142711922000006 |
| Q1 2022 | 33 | $6.4B | +9.0% | 13F-HR | 5/13/2022 | 000142711922000005 |
| Q4 2021 | 32 | $5.9B | — | RESTATEMENT | 5/12/2022 | 000142711922000004 |
| Q4 2021 | 32 | $5.9B | +16.2% | 13F-HR | 2/11/2022 | 000142711922000003 |
| Q3 2021 | 35 | $5.1B | -4.8% | 13F-HR | 11/15/2021 | 000142711921000005 |
| Q2 2021 | 34 | $5.3B | +2.2% | 13F-HR | 8/13/2021 | 000142711921000004 |
| Q1 2021 | 35 | $5.2B | +2.2% | 13F-HR | 5/14/2021 | 000154758421000003 |
| Q4 2020 | 37 | $5.1B | -2.9% | 13F-HR | 2/12/2021 | 000142711921000003 |
| Q3 2020 | 30 | $5.3B | +11.0% | 13F-HR | 11/13/2020 | 000142711920000006 |
| Q2 2020 | 29 | $4.7B | +28.7% | 13F-HR | 8/13/2020 | 000142711920000005 |
| Q1 2020 | 36 | $3.7B | -35.4% | 13F-HR | 5/14/2020 | 000142711920000003 |
| Q4 2019 | 37 | $5.7B | +6.5% | 13F-HR | 2/14/2020 | 000142711920000002 |
| Q3 2019 | 19 | $5.3B | -6.5% | 13F-HR | 11/14/2019 | 000142711919000005 |
| Q2 2019 | 21 | $5.7B | +21.4% | 13F-HR | 8/12/2019 | 000142711919000004 |
| Q1 2019 | 19 | $4.7B | — | 13F-HR | 5/13/2019 | 000142711919000003 |