Meritage Portfolio Management

Meritage Portfolio Management as of March 31, 2011

Portfolio Holdings for Meritage Portfolio Management

Meritage Portfolio Management holds 211 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Seaboard Corporation (SEB) 3.9 $24M 9.9k 2412.99
iShares Russell 1000 Value Index (IWD) 2.5 $16M 227k 68.67
McKesson Corporation (MCK) 1.5 $9.2M 117k 79.05
Novo Nordisk A/S (NVO) 1.3 $7.7M 62k 125.23
International Business Machines (IBM) 1.2 $7.5M 46k 163.06
Apple (AAPL) 1.2 $7.2M 21k 348.49
Oracle Corporation (ORCL) 1.0 $5.9M 178k 33.43
Symantec Corporation 1.0 $5.9M 316k 18.54
Google 0.9 $5.8M 9.9k 586.74
Corn Products International 0.9 $5.8M 112k 51.82
SPDR S&P Oil & Gas Equipt & Servs. 0.9 $5.8M 132k 43.97
Church & Dwight (CHD) 0.9 $5.8M 73k 79.34
SPDR S&P Oil & Gas Explore & Prod. 0.9 $5.6M 87k 64.42
Fossil 0.9 $5.5M 59k 93.66
CHECK POINT SOFTWARE Technolog Com Stk (CHKP) 0.9 $5.4M 106k 51.05
iShares Russell 1000 Growth Index (IWF) 0.9 $5.4M 90k 60.47
V.F. Corporation (VFC) 0.9 $5.4M 55k 98.54
Reinsurance Group of America (RGA) 0.9 $5.3M 84k 62.78
Chevron Corporation (CVX) 0.9 $5.3M 49k 107.49
UnitedHealth (UNH) 0.9 $5.2M 116k 45.20
Harris Corporation 0.8 $5.2M 106k 49.60
Lukoil 0.8 $5.2M 72k 71.52
Basf Se (BASFY) 0.8 $5.2M 59k 86.76
Discover Financial Services (DFS) 0.8 $5.0M 209k 24.12
Coventry Health Care 0.8 $5.0M 158k 31.86
Bayer (BAYRY) 0.8 $5.0M 64k 77.91
DeVry 0.8 $4.9M 89k 55.07
ConocoPhillips (COP) 0.8 $4.9M 61k 79.86
Danaher Corporation (DHR) 0.8 $4.8M 93k 51.90
Unitrin 0.8 $4.8M 155k 30.88
STMicroelectronics (STM) 0.8 $4.8M 384k 12.42
CIGNA Corporation 0.8 $4.7M 107k 44.28
Royal Dutch Shell 0.8 $4.7M 64k 72.85
Torchmark Corporation 0.8 $4.7M 70k 66.48
SanDisk Corporation 0.8 $4.6M 100k 46.09
Northrop Grumman Corporation (NOC) 0.8 $4.6M 73k 62.71
Rio Tinto (RIO) 0.8 $4.6M 65k 71.12
Axis Capital Holdings (AXS) 0.8 $4.6M 132k 34.92
Banco Santander-Chile (BSAC) 0.8 $4.6M 53k 86.74
Subsea 7 SA (SUBCY) 0.8 $4.6M 183k 25.25
JPMorgan Chase & Co. (JPM) 0.7 $4.5M 98k 46.10
Wells Fargo & Company (WFC) 0.7 $4.5M 142k 31.71
Nice Systems (NICE) 0.7 $4.5M 121k 36.94
Chubb Corporation 0.7 $4.4M 72k 61.31
Synopsys (SNPS) 0.7 $4.4M 157k 27.65
General Dynamics Corporation (GD) 0.7 $4.4M 57k 76.57
Atlas Copco AB (ATLKY) 0.7 $4.4M 164k 26.60
MetLife (MET) 0.7 $4.2M 94k 44.73
Energen Corporation 0.7 $4.2M 67k 63.12
DPL 0.7 $4.2M 152k 27.41
Quest Software 0.7 $4.2M 164k 25.40
Deckers Outdoor Corporation (DECK) 0.7 $4.1M 48k 86.14
Prudential Financial (PRU) 0.7 $4.1M 66k 61.59
Imperial Tobac 0.7 $4.0M 65k 61.77
Protective Life 0.7 $4.0M 151k 26.55
Companhia de Bebidas das Americas 0.6 $3.9M 137k 28.31
National-Oilwell Var 0.6 $3.8M 48k 79.28
Colgate-Palmolive Company (CL) 0.6 $3.9M 48k 80.76
Coca-Cola Company (KO) 0.6 $3.8M 58k 66.34
Apache Corporation 0.6 $3.8M 29k 130.91
Endo Pharmaceuticals 0.6 $3.8M 100k 38.16
Minerals Technologies (MTX) 0.6 $3.8M 56k 68.52
Oil States International (OIS) 0.6 $3.7M 49k 76.14
Celanese Corporation (CE) 0.6 $3.7M 83k 44.37
Joy Global 0.6 $3.6M 37k 98.81
Spdr S&p 500 Etf (SPY) 0.6 $3.6M 27k 132.59
Domtar Corp 0.6 $3.6M 39k 91.79
BMC Software 0.6 $3.5M 71k 49.73
Orthofix International Nv Com Stk 0.6 $3.5M 107k 32.46
Sotheby's 0.6 $3.5M 66k 52.60
VAALCO Energy (EGY) 0.6 $3.5M 445k 7.76
Ducommun Incorporated (DCO) 0.6 $3.5M 145k 23.90
Johnson & Johnson (JNJ) 0.6 $3.4M 57k 59.24
HealthSpring 0.6 $3.4M 91k 37.37
WD-40 Company (WDFC) 0.6 $3.4M 80k 42.34
Ace Limited Cmn 0.5 $3.3M 52k 64.69
Hubbell Incorporated 0.5 $3.3M 47k 71.03
Freeport-McMoRan Copper & Gold (FCX) 0.5 $3.2M 57k 55.54
GT Solar International 0.5 $3.0M 279k 10.67
Autoliv (ALV) 0.5 $3.0M 40k 74.23
Maximus (MMS) 0.5 $3.0M 37k 81.16
Ross Stores (ROST) 0.5 $3.0M 42k 71.12
Directv 0.5 $2.9M 63k 46.79
Veeco Instruments (VECO) 0.5 $3.0M 58k 50.85
Timken Company (TKR) 0.5 $2.9M 55k 52.30
LVMH Moet Hennessy Louis Vuitton SA (LVMUY) 0.5 $2.9M 90k 31.70
Union Pacific Corporation (UNP) 0.5 $2.8M 28k 98.33
Lam Research Corporation (LRCX) 0.5 $2.8M 50k 56.67
Ametek (AME) 0.5 $2.8M 64k 43.86
Philip Morris International (PM) 0.5 $2.7M 42k 65.64
Windstream Corporation 0.5 $2.7M 213k 12.88
Waddell & Reed Financial 0.4 $2.7M 67k 40.60
Diageo (DEO) 0.4 $2.7M 35k 76.22
Stora Enso OYJ (SEOAY) 0.4 $2.7M 223k 11.93
B&G Foods (BGS) 0.4 $2.7M 143k 18.77
America Movil Sab De Cv spon adr l 0.4 $2.6M 46k 58.10
Reynolds American 0.4 $2.6M 74k 35.52
Fiserv (FI) 0.4 $2.6M 42k 62.71
Arris 0.4 $2.6M 206k 12.74
Microsemi Corporation 0.4 $2.6M 127k 20.71
Micrel, Incorporated 0.4 $2.6M 196k 13.48
H&R Block (HRB) 0.4 $2.5M 152k 16.74
TJX Companies (TJX) 0.4 $2.6M 52k 49.73
Varian Medical Systems 0.4 $2.6M 38k 67.63
Mednax (MD) 0.4 $2.6M 39k 66.61
Pfizer (PFE) 0.4 $2.5M 125k 20.31
NetApp (NTAP) 0.4 $2.5M 52k 48.14
Altria (MO) 0.4 $2.5M 97k 26.03
Broadcom Corporation 0.4 $2.4M 61k 39.38
Seadrill 0.4 $2.4M 66k 36.07
MasterCard Incorporated (MA) 0.4 $2.3M 9.3k 251.74
AstraZeneca (AZN) 0.4 $2.3M 51k 46.12
Bce (BCE) 0.4 $2.3M 64k 36.34
Myriad Genetics (MYGN) 0.4 $2.3M 114k 20.15
National Australia Bank (NABZY) 0.4 $2.3M 88k 26.73
Eni S.p.A. (E) 0.4 $2.3M 46k 49.14
TELUS Corporation 0.4 $2.3M 47k 48.49
T Rowe Price Eqty Incm (PRFDX) 0.4 $2.3M 91k 24.94
Eli Lilly & Co. (LLY) 0.4 $2.2M 63k 35.17
Nu Skin Enterprises (NUS) 0.4 $2.2M 76k 28.75
Apollo 0.4 $2.2M 53k 41.71
Enterprise Products Partners (EPD) 0.4 $2.2M 52k 43.05
Plains All American Pipeline (PAA) 0.4 $2.2M 35k 63.74
Diana Shipping (DSX) 0.4 $2.2M 187k 11.84
Encore Energy Partners 0.4 $2.2M 95k 23.48
Zurich Financial Services (ZFSVY) 0.4 $2.2M 78k 28.10
Hartford Finl Svcs Group Inc dep conv p 0.3 $2.2M 83k 26.06
Arthur J. Gallagher & Co. (AJG) 0.3 $2.1M 71k 30.41
CenturyLink 0.3 $2.1M 51k 41.56
Synaptics, Incorporated (SYNA) 0.3 $2.1M 78k 27.02
Senior Housing Properties Trust 0.3 $2.2M 94k 23.04
Power-One 0.3 $2.2M 248k 8.75
Merrill Lynch Trust prf 0.3 $2.1M 91k 23.13
Hitachi (HTHIY) 0.3 $2.1M 40k 51.63
BreitBurn Energy Partners 0.3 $2.1M 96k 21.73
Oneok Partners 0.3 $2.1M 25k 82.33
Bank Of Montreal Cadcom (BMO) 0.3 $2.1M 32k 64.97
Apollo Investment 0.3 $2.1M 172k 12.07
Universal Corporation (UVV) 0.3 $2.0M 45k 43.53
Calumet Specialty Products Partners, L.P (CLMT) 0.3 $1.9M 91k 21.24
Navios Maritime Partners 0.3 $1.9M 95k 20.33
Ppl Corp unit 99/99/9999 0.3 $1.9M 36k 53.24
General Mtrs Co jr pfd cnv srb 0.3 $1.9M 40k 48.21
Bristol Myers Squibb (BMY) 0.3 $1.9M 72k 26.44
GlaxoSmithKline 0.3 $1.8M 48k 38.41
Natural Resource Partners 0.3 $1.9M 53k 35.07
Apache Corp. 6% Mandatory Conv pfd cv 0.3 $1.8M 26k 70.86
Gilead Sciences (GILD) 0.3 $1.8M 43k 42.47
Stanley Black & Decker Inc unit 99/99/9999 0.3 $1.8M 15k 119.62
At&t (T) 0.3 $1.7M 57k 30.61
NiSource (NI) 0.3 $1.7M 88k 19.18
Marvell Technology Group 0.3 $1.7M 112k 15.55
D Xl Company Switzerland Equity conv pref. 0.3 $1.7M 52k 33.70
Entergy Corporation (ETR) 0.3 $1.7M 25k 67.21
Ares Capital Corporation (ARCC) 0.3 $1.7M 99k 16.95
Blackrock Kelso Capital 0.3 $1.7M 165k 10.12
Marsico Growth & Income mut 0.3 $1.7M 81k 20.41
Oppenheimer Global Fd Sh Ben I mutual fds 0.3 $1.7M 26k 63.80
Penn Virginia Resource Partners 0.3 $1.6M 58k 27.70
Baron Growth (BGRFX) 0.3 $1.6M 29k 56.03
AGL Resources 0.2 $1.6M 39k 39.83
Washington Real Estate Investment Trust (ELME) 0.2 $1.5M 49k 31.09
Hospitality Properties Trust 0.2 $1.5M 67k 23.15
Telecom Corp of New Zealand 0.2 $1.5M 197k 7.71
Kimberly-Clark Corporation (KMB) 0.2 $1.5M 23k 65.26
LTC Properties (LTC) 0.2 $1.5M 52k 28.33
Mercury General Corporation (MCY) 0.2 $1.4M 36k 39.13
UMB Financial Corporation (UMBF) 0.2 $1.4M 37k 37.36
KNIGHTSBRIDGE TANKERS LTD COM Stk 0.2 $1.3M 53k 25.04
Schlumberger (SLB) 0.2 $1.3M 14k 93.25
Teekay Offshore Partners 0.2 $1.1M 37k 30.51
Exxon Mobil Corporation (XOM) 0.2 $1.1M 13k 84.11
Fly Leasing 0.2 $1.1M 78k 13.83
Qr Energy 0.2 $1.1M 48k 22.44
Vanguard Sml Cap Value Index 0.2 $1.1M 66k 17.10
Lincoln Educational Services Corporation (LINC) 0.2 $1.1M 67k 15.89
American Century International eqtyfds 0.1 $911k 80k 11.35
iShares S&P SmallCap 600 Index (IJR) 0.1 $855k 12k 73.58
Wal-Mart Stores (WMT) 0.1 $661k 13k 52.05
Boeing Company (BA) 0.1 $702k 9.5k 73.89
Intel Corporation (INTC) 0.1 $646k 32k 20.19
Rydex S&P Equal Weight ETF 0.1 $465k 9.2k 50.43
First Eagle Global A (SGENX) 0.1 $493k 10k 47.92
Huntington Ingalls Inds (HII) 0.1 $506k 12k 41.51
U.S. Bancorp (USB) 0.1 $447k 17k 26.41
E.I. du Pont de Nemours & Company 0.1 $412k 7.5k 54.93
Pepsi (PEP) 0.1 $418k 6.5k 64.38
Vanguard Growth Equity Fund mutual fds 0.1 $421k 37k 11.35
Home Depot (HD) 0.1 $380k 10k 37.09
General Electric Company 0.1 $363k 18k 20.02
Amgen (AMGN) 0.1 $373k 7.0k 53.48
iShares Russell 2000 Value Index (IWN) 0.1 $358k 4.7k 75.46
SPDR S&P Dividend (SDY) 0.1 $373k 6.9k 54.14
Allstate Corporation (ALL) 0.1 $318k 10k 31.80
iShares Russell 2000 Index (IWM) 0.1 $319k 3.8k 84.19
Schwab Total Stock Mrkt Ind-se (SWTSX) 0.1 $312k 13k 24.18
Berkshire Hathaway (BRK.B) 0.0 $233k 2.8k 83.66
iShares Russell 1000 Index (IWB) 0.0 $230k 3.1k 73.79
Vanguard Small Cap Index Fund mut 0.0 $229k 6.1k 37.77
SPDR S&P MidCap 400 ETF (MDY) 0.0 $244k 1.4k 179.68
Bank of America Corporation (BAC) 0.0 $181k 14k 13.31
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.0 $213k 3.7k 57.57
iShares MSCI Japan Index 0.0 $204k 20k 10.29
Vanguard Tg Retirement 2020 0.0 $171k 7.5k 22.88
Vanguard Tg Retirement 2030 (VTHRX) 0.0 $193k 8.5k 22.59
Vanguard Target Retirement 201 0.0 $147k 11k 12.87
Vanguard Target Retirement 203 mutual fds (VTTHX) 0.0 $121k 8.8k 13.72
Vanguard Tg Retirement 2040 (VFORX) 0.0 $46k 2.0k 22.45
Vanguard Target Retirement 202 mutual fds (VTTVX) 0.0 $79k 6.0k 13.16
Vanguard Target Retirement 204 mutual fds (VTIVX) 0.0 $58k 4.1k 14.10
Arctic Glacier Income Fd Cmn unit 0.0 $14k 10k 1.40