{"url":"https://nivawealth.com/firms/meritage-group-142622","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/142622","regulatoryAum":14093814844,"crd":"142622","secFileNumber":"801-67394","legalName":"Meritage Group LP","displayName":"Meritage Group","website":"http://www.meritagegroup.com","linkedinUrl":"https://www.linkedin.com/company/meritage-group/","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"One Ferry Building, Suite 375","city":"San Francisco","state":"CA","stateName":"California","country":"United States","postalCode":"94111"},"tradeNames":[],"registration":{"secApproved":"3 January 2007","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":55,"advisory":27,"brokerDealerReps":1,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":14093814844,"discretionaryAccounts":12,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":33,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":12,"regulatoryAum":14093814844}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Meritage Group has custody of $14.09B for 12 clients.","otherCustodians":[],"leadership":[{"name":"Alex Magaro","title":"Co-President/Senior Managing Director of General Partner","crd":"5259938"},{"name":"Arif Mawji","title":"Co-President/Senior Managing Director of General Partner","crd":"4229703"},{"name":"Travis Jordan","title":"Chief Financial Officer of General Partner","crd":"4821350"},{"name":"Nicholas Mullen","title":"Chief Compliance Officer of General Partner","crd":"8208275"},{"name":"Laura Baxter-Simons","title":"General Counsel/Compliance Officer/Senior Managing Director of General Partner","crd":"4403839"},{"name":"Nathaniel Simons","title":"Chairman/Senior Managing Director of General Partner","crd":"2839036"},{"name":"Kevin Tagami","title":"Managing Director/Chief Legal Officer of General Partner","crd":"7893881"}],"ownership":[{"label":"1998 Simons Family Revocable Trust","detail":"Limited partner in the 75% or more ownership band and a control person, since December 2009. Also a member of MWG GP LLC in the 75% or more band and a control person, since December 2009."},{"label":"Nathaniel Simons","detail":"Indirect owner: trustee of 1998 Simons Family Revocable Trust and a control person, since December 1998.","parent":"1998 Simons Family Revocable Trust"},{"label":"Laura Baxter-Simons","detail":"Indirect owner: trustee of 1998 Simons Family Revocable Trust and a control person, since December 1998.","parent":"1998 Simons Family Revocable Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":8,"privateResidences":6},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"One Ferry Building, Suite 375","city":"San Francisco","headquarters":true}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"55 Railroad Avenue","city":"Greenwich"}]},{"state":"New York","offices":1,"addresses":[{"street":"712 5th Avenue","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"415-399-5330","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":9},"sources":{"adv1FilingDate":"7 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/142622/PDF/142622.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Meritage Group have?","answer":"Meritage Group has 12 clients and manages $14.1 billion for them, as of July 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 7 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Meritage Group offer?","answer":"Meritage Group provides portfolio management for pooled vehicles and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Meritage Group have?","answer":"Meritage Group has 0 investment adviser representatives registered with state securities authorities, out of 55 employees, and 27 perform investment advisory functions. 1 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Meritage Group?","answer":"Meritage Group’s direct owner is 1998 Simons Family Revocable Trust (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 7 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Meritage Group get paid?","answer":"Meritage Group is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/meritage-group-142622/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-13","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1427119/000142711926000007/0001427119-26-000007-index.html","totalValue":2595162623,"positionCount":12,"top10Share":0.9537110268407253,"top10":[{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":476963142,"shares":1278653,"shareType":"SH","priorValue":470312090,"priorShares":1270530},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":367614901,"shares":1542397,"shareType":"SH","priorValue":386341891,"priorShares":1855005},{"issuer":"CAPITAL ONE FINL CORP","titleOfClass":"COM","cusip":"14040H105","value":265104885,"shares":1321428,"shareType":"SH","priorValue":239536610,"priorShares":1313033},{"issuer":"TRANSUNION","titleOfClass":"COM","cusip":"89400J107","value":263750838,"shares":3656097,"shareType":"SH","priorValue":251358275,"priorShares":3632870},{"issuer":"AON PLC","titleOfClass":"SHS CL A","cusip":"G0403H108","value":227047775,"shares":684518,"shareType":"SH","priorValue":219544950,"priorShares":680169},{"issuer":"S&P GLOBAL INC","titleOfClass":"COM","cusip":"78409V104","value":206739430,"shares":507635,"shareType":"SH","priorValue":214545749,"priorShares":504410},{"issuer":"WORKDAY INC","titleOfClass":"CL A","cusip":"98138H101","value":199960706,"shares":1633399,"shareType":"SH","priorValue":210863018,"priorShares":1623022},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":161321186,"shares":286391,"shareType":"SH"},{"issuer":"MSCI INC","titleOfClass":"COM","cusip":"55354G100","value":153769623,"shares":274569,"shareType":"SH","priorValue":218883337,"priorShares":406084},{"issuer":"COSTAR GROUP INC","titleOfClass":"COM","cusip":"22160N109","value":152762724,"shares":5394164,"shareType":"SH","priorValue":134292102,"priorShares":3329006}],"positionsListed":12,"positions":[{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":476963142,"shares":1278653,"shareType":"SH","priorValue":470312090,"priorShares":1270530},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":367614901,"shares":1542397,"shareType":"SH","priorValue":386341891,"priorShares":1855005},{"issuer":"CAPITAL ONE FINL CORP","titleOfClass":"COM","cusip":"14040H105","value":265104885,"shares":1321428,"shareType":"SH","priorValue":239536610,"priorShares":1313033},{"issuer":"TRANSUNION","titleOfClass":"COM","cusip":"89400J107","value":263750838,"shares":3656097,"shareType":"SH","priorValue":251358275,"priorShares":3632870},{"issuer":"AON PLC","titleOfClass":"SHS CL A","cusip":"G0403H108","value":227047775,"shares":684518,"shareType":"SH","priorValue":219544950,"priorShares":680169},{"issuer":"S&P GLOBAL INC","titleOfClass":"COM","cusip":"78409V104","value":206739430,"shares":507635,"shareType":"SH","priorValue":214545749,"priorShares":504410},{"issuer":"WORKDAY INC","titleOfClass":"CL A","cusip":"98138H101","value":199960706,"shares":1633399,"shareType":"SH","priorValue":210863018,"priorShares":1623022},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":161321186,"shares":286391,"shareType":"SH"},{"issuer":"MSCI INC","titleOfClass":"COM","cusip":"55354G100","value":153769623,"shares":274569,"shareType":"SH","priorValue":218883337,"priorShares":406084},{"issuer":"COSTAR GROUP INC","titleOfClass":"COM","cusip":"22160N109","value":152762724,"shares":5394164,"shareType":"SH","priorValue":134292102,"priorShares":3329006},{"issuer":"TOAST INC","titleOfClass":"CL A","cusip":"888787108","value":95478991,"shares":3432027,"shareType":"SH","priorValue":90405012,"priorShares":3410223},{"issuer":"EQUIFAX INC","titleOfClass":"COM","cusip":"294429105","value":24648422,"shares":155295,"shareType":"SH","priorValue":27786242,"priorShares":154308}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}