Merit Financial Group, LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
2400 LAKEVIEW PARKWAY ALPHARETTA, GA 30009
As of the latest 13F report, the guru’s equity portfolio contained 692 stocks valued at a total of $2.76Bil. The top holdings were SCHD(8.85%), VUG(6.90%), and VTI(5.43%).
According to GuruFocus data, these were Merit Financial Group, LLC’s top five trades of the quarter.
United Parcel Service Inc
Merit Financial Group, LLC reduced their investment in NYSE:UPS by 1,220,851 shares. The trade had a 6.9% impact on the equity portfolio. During the quarter, the stock traded for an average price of $189.34.
On 01/14/2023, United Parcel Service Inc traded for a price of $182.15 per share and a market cap of $157.54Bil. The stock has returned -10.55% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, United Parcel Service Inc has a price-earnings ratio of 14.28, a price-book ratio of 9.28, a price-earnings-to-growth (PEG) ratio of 1.62, a EV-to-Ebitda ratio of 9.45 and a price-sales ratio of 1.58.
The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 7.
Berkshire Hathaway Inc
The guru sold out of their 401-share investment in NYSE:BRK.A. Previously, the stock had a 5.08% weight in the equity portfolio. Shares traded for an average price of $428128 during the quarter.
On 01/14/2023, Berkshire Hathaway Inc traded for a price of $481021 per share and a market cap of $700.74Bil. The stock has returned -0.63% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Berkshire Hathaway Inc has a price-book ratio of 1.55, a EV-to-Ebitda ratio of 70.75 and a price-sales ratio of 2.79.
The price-to-GF Value ratio is 1.17, earning the stock a GF Value rank of 3.
Schwab US Dividend Equity ETF
During the quarter, Merit Financial Group, LLC bought 1,362,547 shares of ARCA:SCHD for a total holding of 3,066,587. The trade had a 3.93% impact on the equity portfolio. During the quarter, the stock traded for an average price of $72.31.
On 01/14/2023, Schwab US Dividend Equity ETF traded for a price of $77.95 per share and a market cap of $46.50Bil. The stock has returned -1.34% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Schwab US Dividend Equity ETF has a price-earnings ratio of 15.49 and a price-book ratio of 3.78.
Vanguard Growth ETF
Merit Financial Group, LLC reduced their investment in ARCA:VUG by 206,738 shares. The trade had a 1.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $240.74.
On 01/14/2023, Vanguard Growth ETF traded for a price of $225.01 per share and a market cap of $72.11Bil. The stock has returned -24.63% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard Growth ETF has a price-earnings ratio of 27.67 and a price-book ratio of 7.24.
Tesla Inc
Merit Financial Group, LLC reduced their investment in NAS:TSLA by 179,524 shares. The trade had a 1.24% impact on the equity portfolio. During the quarter, the stock traded for an average price of $279.27.
On 01/14/2023, Tesla Inc traded for a price of $122.4 per share and a market cap of $386.51Bil. The stock has returned -64.37% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Tesla Inc has a price-earnings ratio of 37.82, a price-book ratio of 9.70, a EV-to-Ebitda ratio of 23.14 and a price-sales ratio of 5.82.
The price-to-GF Value ratio is 0.31, earning the stock a GF Value rank of 2.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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