Nathaniel Simons - Meritage Group Options Holdings (Q4 2016)
According to the SEC 13F filed on Aug 13, 2026, the Meritage Group portfolio disclosed options positions as of quarter-end Jun 30, 2026. These positions include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 6 call contracts and 1 put contract across companies such as SPDR S&P 500 (SPY), SPDR Gold Trust (GLD), Teva Pharmaceutical Industries (TEVA). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 7 of 7 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q4 2016 | SPY | SPDR S&P 500 | PUT | 3,300,000 | $737,649.00 |
| Q4 2016 | GLD | SPDR Gold Trust | CALL | 1,000,000 | $109,610.00 |
| Q4 2016 | TEVA | Teva Pharmaceutical Industries | CALL | 811,300 | $29,410.00 |
| Q4 2016 | WFC | Wells Fargo & Company | CALL | 500,300 | $27,572.00 |
| Q4 2016 | GM | General Motors Company | CALL | 480,000 | $16,723.00 |
| Q4 2016 | ADSK | Autodesk, Inc. | CALL | 222,800 | $16,489.00 |
| Q4 2016 | HBI | Hanesbrands Inc. | CALL | 750,000 | $16,178.00 |
Note: Notional value represents the total exposure of the options position.