Nathaniel Simons - Meritage Group 13F Activity & Position Changes (Q1 2020)

As of Mar 31, 2020, the Meritage Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2020, the filing reported:

New Buys - IQVIA Holdings, Inc., Gartner, Inc., Loews Corporation, News Corporation, Quanta Services, Inc., and 2 more

Increases - American Water Works Company, I, Caterpillar, Inc., Charter Communications, Inc., Canadian National Railway Compa, Salesforce, Inc., and 11 more

Reductions - Autodesk, Inc., Amazon.com, Inc., Microsoft Corporation, Newmont Corporation, Sherwin-Williams Company (The), and 3 more

Complete Exits - Boeing Company (The), Berkshire Hathaway Inc. New, Electronic Arts Inc., Evergy, Inc., Marriott International, and 2 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2020	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-597,512	-43.0%	$123.51K	791,231
Q1 2020	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-28,395	-16.8%	$273.20K	140,123
Q1 2020	AWK American Water Works Company, I	American Water Works Company, I	Buy	+602	+24.6%	$365.00	3,052
Q1 2020	BA Boeing Company (The)	Boeing Company (The)	Sell - Position Exit	-783,467	-100.0%	$0.00	-
Q1 2020	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell - Position Exit	-1,000	-100.0%	$0.00	-
Q1 2020	CAT Caterpillar, Inc.	Caterpillar, Inc.	Buy	+783	+57.0%	$250.00	2,156
Q1 2020	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Buy	+282,622	+17.8%	$815.48K	1,869,030
Q1 2020	CNI Canadian National Railway Compa	Canadian National Railway Compa	Buy	+6,161	+0.3%	$187.50K	2,400,949
Q1 2020	CRM Salesforce, Inc.	Salesforce, Inc.	Buy	+214,403	+27.6%	$142.70K	991,139
Q1 2020	EA Electronic Arts Inc.	Electronic Arts Inc.	Sell - Position Exit	-1,559,697	-100.0%	$0.00	-
Q1 2020	EVRG Evergy, Inc.	Evergy, Inc.	Sell - Position Exit	-5,183	-100.0%	$0.00	-
Q1 2020	FIS Fidelity National Information S	Fidelity National Information S	Buy	+451,202	+12.6%	$489.78K	4,026,437
Q1 2020	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+12,523	+9.8%	$163.31K	140,445
Q1 2020	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+320	+0.3%	$143.27K	123,298
Q1 2020	HLT Hilton Worldwide Holdings Inc.	Hilton Worldwide Holdings Inc.	Buy	+2,438	+86.2%	$359.00	5,266
Q1 2020	HSIC Henry Schein, Inc.	Henry Schein, Inc.	Buy	+4,953	+138.2%	$431.00	8,537
Q1 2020	HST Host Hotels & Resorts, Inc.	Host Hotels & Resorts, Inc.	Buy	+1,420	+13.8%	$130.00	11,734
Q1 2020	IQV IQVIA Holdings, Inc.	IQVIA Holdings, Inc.	Buy - Position Entry	+1,503,377	-	$162.15K	1,503,377
Q1 2020	IT Gartner, Inc.	Gartner, Inc.	Buy - Position Entry	+3,038	-	$302.00	3,038
Q1 2020	L Loews Corporation	Loews Corporation	Buy - Position Entry	+5,838	-	$203.00	5,838
Q1 2020	MAR Marriott International	Marriott International	Sell - Position Exit	-1,095,788	-100.0%	$0.00	-
Q1 2020	MCO Moody's Corporation	Moody's Corporation	Buy	+149,587	+20.5%	$186.02K	879,541
Q1 2020	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-668,938	-30.0%	$246.38K	1,562,213
Q1 2020	NEM Newmont Corporation	Newmont Corporation	Sell	-719	-13.2%	$214.00	4,731
Q1 2020	NI NiSource Inc	NiSource Inc	Buy	+8,793	+83.6%	$482.00	19,309
Q1 2020	NWSA News Corporation	News Corporation	Buy - Position Entry	+40,585	-	$364.00	40,585
Q1 2020	PWR Quanta Services, Inc.	Quanta Services, Inc.	Buy - Position Entry	+7,956	-	$252.00	7,956
Q1 2020	QSR Restaurant Brands International	Restaurant Brands International	Buy	+2,238,519	+86.8%	$192.86K	4,817,857
Q1 2020	RSG Republic Services, Inc.	Republic Services, Inc.	Buy	+1,108	+34.7%	$323.00	4,302
Q1 2020	SHW Sherwin-Williams Company (The)	Sherwin-Williams Company (The)	Sell	-97,411	-19.4%	$186.26K	405,346

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