Meritage Group LP

SAN FRANCISCO, CA · CIK 1427119 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2007 · limited partnership

Assets managed$14.1bn
Staff55 · 27 in investment roles
Main clients (by assets)Private funds 100%
Private funds9 (9 hedge) · $20.9bn gross assets
Form ADV · 2026-07-07SEC adviser record

Legal entityMERITAGE GROUP LP (US)

Kindhedge funds, futures
Others nearbySan Francisco, CA, Greenwich, CT, New York, NY

As an employer

Offices in1 country
Private fundshedge 9

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
San Francisco, CA (main office)United States	United States	about 9
Greenwich, CTUnited States	United States	15
New York, NYUnited States	United States	3

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$2.6bn reported value -2.1% vs Q1 2026

12positions

95.4%in top 10

1 new 9 added 2 reduced 2 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

MWG GP LLC – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	1,278,653	$477.0m18.38%	18.38%	Added +8.1k	+8,123 0.6%
2	AMAZON COM INC COM AMZN	AMZN	1,542,397	$367.6m14.17%	14.17%	Reduced -312.6k	-312,608 -16.9%
3	CAPITAL ONE FINL CORP COM COF	COF	1,321,428	$265.1m10.22%	10.22%	Added +8.4k	+8,395 0.6%
4	TRANSUNION COM TRU	TRU	3,656,097	$263.8m10.16%	10.16%	Added +23.2k	+23,227 0.6%
5	AON PLC SHS CL A AON	AON	684,518	$227.0m8.75%	8.75%	Added +4.3k	+4,349 0.6%
6	S&P GLOBAL INC COM SPGI	SPGI	507,635	$206.7m7.97%	7.97%	Added +3.2k	+3,225 0.6%
7	WORKDAY INC CL A WDAY	WDAY	1,633,399	$200.0m7.71%	7.71%	Added +10.4k	+10,377 0.6%
8	META PLATFORMS INC CL A META	META	286,391	$161.3m6.22%	6.22%	New
9	MSCI INC COM MSCI	MSCI	274,569	$153.8m5.93%	5.93%	Reduced -131.5k	-131,515 -32.4%
10	COSTAR GROUP INC COM CSGP	CSGP	5,394,164	$152.8m5.89%	5.89%	Added +2.1m	+2,065,158 62.0%
11	TOAST INC CL A TOST	TOST	3,432,027	$95.5m3.68%	3.68%	Added +21.8k	+21,804 0.6%
12	EQUIFAX INC COM EFX	EFX	155,295	$24.6m0.95%	0.95%	Added +987	+987 0.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PROCORE TECHNOLOGIES INC PCOR	PCOR	2,678,410	$152.7m2.7m shares
SPDR S&P 500 ETF TR SPY	SPY	51,554	$33.5m51.6k shares