Nathaniel Simons - Meritage Group 13F Activity & Position Changes (Q4 2016)

As of Dec 31, 2016, 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 Q4 2016, the filing reported:

New Buys - AbbVie Inc., Automatic Data Processing, Inc., AFLAC Incorporated, Assurant, Inc., Avery Dennison Corporation, and 47 more

Increases - Autodesk, Inc., Intercontinental Exchange Inc., Sherwin-Williams Company (The), Visa Inc.

Reductions - Affiliated Managers Group, Inc., Charter Communications, Inc., Moody's Corporation, Sally Beauty Holdings, Inc. (Na, S&P Global Inc.

Complete Exits - Hanesbrands Inc., LKQ Corporation, McKesson Corporation, Patterson Companies, 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
Q4 2016	ABBV AbbVie Inc.	AbbVie Inc.	Buy - Position Entry	+315,389	-	$19.75K	315,389
Q4 2016	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy - Position Entry	+22,033	-	$2.27K	22,033
Q4 2016	ADSK Autodesk, Inc.	Autodesk, Inc.	Buy	+7,507	+12.6%	$4.96K	66,972
Q4 2016	AFL AFLAC Incorporated	AFLAC Incorporated	Buy - Position Entry	+30,581	-	$2.13K	30,581
Q4 2016	AIZ Assurant, Inc.	Assurant, Inc.	Buy - Position Entry	+13,307	-	$1.24K	13,307
Q4 2016	AMG Affiliated Managers Group, Inc.	Affiliated Managers Group, Inc.	Sell	-75,045	-75.0%	$3.63K	24,955
Q4 2016	AVY Avery Dennison Corporation	Avery Dennison Corporation	Buy - Position Entry	+43,423	-	$3.05K	43,423
Q4 2016	BF-B Brown Forman Inc	Brown Forman Inc	Buy - Position Entry	+46,536	-	$2.09K	46,536
Q4 2016	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy - Position Entry	+4,554	-	$1.04K	4,554
Q4 2016	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Buy - Position Entry	+35,112	-	$2.53K	35,112
Q4 2016	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Buy - Position Entry	+20,756	-	$653.00	20,756
Q4 2016	CHD Church & Dwight Company, Inc.	Church & Dwight Company, Inc.	Buy - Position Entry	+30,989	-	$1.37K	30,989
Q4 2016	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell	-263,864	-14.4%	$451.67K	1,568,727
Q4 2016	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Buy - Position Entry	+18,699	-	$1.22K	18,699
Q4 2016	CMCSA Comcast Corporation	Comcast Corporation	Buy - Position Entry	+1,069,979	-	$73.88K	1,069,979
Q4 2016	CME CME Group Inc.	CME Group Inc.	Buy - Position Entry	+10,307	-	$1.19K	10,307
Q4 2016	COR Cencora, Inc.	Cencora, Inc.	Buy - Position Entry	+1,180,346	-	$92.29K	1,180,346
Q4 2016	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+17,797	-	$1.22K	17,797
Q4 2016	CSX CSX Corporation	CSX Corporation	Buy - Position Entry	+45,622	-	$1.64K	45,622
Q4 2016	CVS CVS Health Corporation	CVS Health Corporation	Buy - Position Entry	+43,916	-	$3.46K	43,916
Q4 2016	DFS Discover Financial Services	Discover Financial Services	Buy - Position Entry	+20,777	-	$1.50K	20,777
Q4 2016	DGX Quest Diagnostics Incorporated	Quest Diagnostics Incorporated	Buy - Position Entry	+18,747	-	$1.72K	18,747
Q4 2016	DVA DaVita Inc.	DaVita Inc.	Buy - Position Entry	+23,025	-	$1.48K	23,025
Q4 2016	ECL Ecolab Inc.	Ecolab Inc.	Buy - Position Entry	+33,434	-	$3.92K	33,434
Q4 2016	EXPD Expeditors International of Was	Expeditors International of Was	Buy - Position Entry	+40,131	-	$2.12K	40,131
Q4 2016	FDX FedEx Corporation	FedEx Corporation	Buy - Position Entry	+11,260	-	$2.10K	11,260
Q4 2016	FI Fiserv, Inc.	Fiserv, Inc.	Buy - Position Entry	+11,987	-	$1.27K	11,987
Q4 2016	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+131,284	-	$104.04K	131,284
Q4 2016	HBI Hanesbrands Inc.	Hanesbrands Inc.	Sell - Position Exit	-5,945,586	-100.0%	$0.00	-
Q4 2016	HD Home Depot, Inc. (The)	Home Depot, Inc. (The)	Buy - Position Entry	+25,688	-	$3.44K	25,688

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