MERITAGE GROUP LP

other names
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Adviser Profile
As of Date 05/20/2024
Adviser Type - Large advisory firm
Number of Employees 49
of those in investment advisory functions 22 -4.35%
Registration SEC, Approved, 01/03/2007
AUM* 13,845,899,768 6.29%
of that, discretionary 13,845,899,768 6.29%
Private Fund GAV* 20,023,882,768 8.07%
Avg Account Size 1,153,824,981 -11.42%
SMA’s No
Private Funds 9 1
Contact Info 415 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
14B 12B 10B 8B 6B 4B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count9 GAV$20,023,882,768

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Top Holdings

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Stck TickerG0403H108 Stock NameAON PLC $ Position$344,679,044 % Position8.00% $ Change8.00% # Change-9.00%
Stck Ticker052769106 Stock NameAUTODESK INC $ Position$360,271,918 % Position8.00% $ Change3.00% # Change-8.00%
Stck Ticker13646K108 Stock NameCANADIAN PACIFIC KANSAS CITY $ Position$322,803,435 % Position8.00% $ Change9.00% # Change0.00%
Stck Ticker98138H101 Stock NameWORKDAY INC $ Position$315,565,572 % Position7.00% $ Change10.00% # Change0.00%
Stck Ticker023135106 Stock NameAMAZON COM INC $ Position$276,883,399 % Position6.00% $ Change-13.00% # Change-10.00%
Stck Ticker907818108 Stock NameUNION PAC CORP $ Position$276,746,265 % Position6.00% $ Change5.00% # Change-4.00%
Stck Ticker00846U101 Stock NameAGILENT TECHNOLOGIES INC $ Position$198,214,564 % Position5.00% $ Change-23.00% # Change-32.00%
Stck Ticker159864107 Stock NameCHARLES RIV LABS INTL INC $ Position$233,442,344 % Position5.00% $ Change-4.00% # Change0.00%

Brochure Summary

Overview

Our Firm Meritage Group LP (“Meritage”) is a Delaware limited partnership that was formed in November 2006. It began managing the Private Investment Funds’ (as defined below) investment program effective January 1, 2007. Meritage’s general partner is MWG GP LLC, which is controlled by Nathaniel Simons, Laura Baxter- Simons, Alexander Magaro and Arif Mawji. The 1998 Simons Family Revocable Trust is the principal owner of Meritage and MWG GP LLC. Nathaniel Simons and Laura Baxter-Simons are the trustees of The 1998 Simons Family Revocable Trust. As of December 31, 2023, Meritage had approximately U.S. $13.846 billion of regulatory assets under management, managed on a discretionary basis. Private Investment Funds Meritage provides discretionary investment management services to private investment funds for which Meritage serves as investment manager and/or investment general partner (each, a “Private Investment Fund” or a “Client” and collectively, the “Private Investment Funds” or the “Clients”). The Private Investment Funds are exempt from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Meritage pursues investment strategies on behalf of the Private Investment Funds that are generally fundamentally-oriented and longer-term in their investment horizon. Such investments are generally in the
form of public and private equity, credit, and real estate. As appropriate, positions may be both long and short, and investments may be made both directly and/or indirectly with external managers (“External Managers”). Meritage has broad discretion to invest in other investment instruments and employ other strategies in pursuing the objectives of the Private Investment Funds. Meritage manages the Private Investment Funds pursuant to the investment objectives and restrictions of each such Private Investment Fund. The investment objective and strategy for each Private Investment Fund is described in its respective offering materials. Please see Item 8 for a more detailed description of the strategies pursued by the Private Investment Funds. Ability to Tailor Services and Impose Restrictions Meritage provides investment management services directly to the Private Investment Funds as pooled investment vehicles based on the specific investment objectives and strategies of the Private Investment Funds themselves and not individually to investors in the Private Investment Funds (the “Investors”). Therefore, Meritage does not tailor its advisory services to the individual needs of any of the Investors. The Investors generally may not impose restrictions on investing in certain securities or types of securities. Form ADV: Part 2A Page 5