Nathaniel Simons - Meritage Group 13F Activity & Position Changes (Q3 2015)

As of Sep 30, 2015, 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 Q3 2015, the filing reported:

New Buys - Autodesk, Inc., Wells Fargo & Company

Increases - American Tower Corporation (REI, Axalta, Baidu, Inc., Intercontinental Exchange Inc., LKQ Corporation, and 5 more

Reductions - Visa Inc.

Complete Exits - Apple Inc., AutoZone, Inc., Dollar General Corporation, NewMarket Corp, United Airlines Holdings, Inc.

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
Q3 2015	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-993,398	-100.0%	$0.00	-
Q3 2015	ADSK Autodesk, Inc.	Autodesk, Inc.	Buy - Position Entry	+1,218,338	-	$53.78K	1,218,338
Q3 2015	AMT American Tower Corporation (REI	American Tower Corporation (REI	Buy	+3,488	+0.1%	$281.65K	3,201,335
Q3 2015	AXTA Axalta	Axalta	Buy	+2,116,643	+24.1%	$276.16K	10,898,036
Q3 2015	AZO AutoZone, Inc.	AutoZone, Inc.	Sell - Position Exit	-219,239	-100.0%	$0.00	-
Q3 2015	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+970	+0.1%	$122.70K	892,918
Q3 2015	DG Dollar General Corporation	Dollar General Corporation	Sell - Position Exit	-2,454,083	-100.0%	$0.00	-
Q3 2015	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+756	+0.1%	$161.44K	687,002
Q3 2015	LKQ LKQ Corporation	LKQ Corporation	Buy	+34,553	+2.1%	$46.82K	1,650,929
Q3 2015	MCO Moody's Corporation	Moody's Corporation	Buy	+491	+0.1%	$45.02K	458,416
Q3 2015	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+5,391	+0.1%	$261.60K	5,910,496
Q3 2015	NEU NewMarket Corp	NewMarket Corp	Sell - Position Exit	-44,654	-100.0%	$0.00	-
Q3 2015	SBH Sally Beauty Holdings, Inc. (Na	Sally Beauty Holdings, Inc. (Na	Buy	+7,203	+0.1%	$158.32K	6,665,999
Q3 2015	UAL United Airlines Holdings, Inc.	United Airlines Holdings, Inc.	Sell - Position Exit	-144,751	-100.0%	$0.00	-
Q3 2015	UNP Union Pacific Corporation	Union Pacific Corporation	Buy	+292,946	+19.5%	$158.55K	1,793,396
Q3 2015	V Visa Inc.	Visa Inc.	Sell	-350,087	-10.1%	$217.54K	3,122,836
Q3 2015	WBA Walgreens Boots Alliance, Inc.	Walgreens Boots Alliance, Inc.	Buy	+1,852	+0.1%	$142.80K	1,718,390
Q3 2015	WFC Wells Fargo & Company	Wells Fargo & Company	Buy - Position Entry	+100,000	-	$5.13K	100,000