Meritage Portfolio Management

Meritage Portfolio Management as of Dec. 31, 2013

Portfolio Holdings for Meritage Portfolio Management

Meritage Portfolio Management holds 197 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Value Index (IWD) 1.8 $15M 154k 94.17
Exxon Mobil Corporation (XOM) 1.6 $13M 124k 101.20
Google 1.4 $11M 9.8k 1120.72
McKesson Corporation (MCK) 1.3 $10M 63k 161.40
Danaher Corporation (DHR) 1.3 $10M 132k 77.20
TJX Companies (TJX) 1.2 $9.9M 156k 63.73
Apple (AAPL) 1.2 $9.5M 17k 561.01
MasterCard Incorporated (MA) 1.0 $8.0M 9.5k 835.41
Henkel Kgaa (HENKY) 1.0 $8.0M 77k 104.46
Worthington Industries (WOR) 1.0 $7.8M 185k 42.08
Eli Lilly & Co. (LLY) 1.0 $7.8M 153k 51.00
iShares Russell 1000 Growth Index (IWF) 1.0 $7.7M 90k 85.95
Union Pacific Corporation (UNP) 0.9 $7.6M 45k 167.99
Scripps Networks Interactive 0.9 $7.6M 88k 86.41
Seaboard Corporation (SEB) 0.9 $7.1M 2.5k 2795.11
CVS Caremark Corporation (CVS) 0.9 $7.0M 98k 71.57
Dover Corporation (DOV) 0.8 $6.7M 69k 96.54
EnerSys (ENS) 0.8 $6.7M 96k 70.09
Northrop Grumman Corporation (NOC) 0.8 $6.7M 58k 114.61
Torchmark Corporation 0.8 $6.7M 85k 78.15
Prudential Financial (PRU) 0.8 $6.6M 72k 92.22
Vanguard Financials ETF (VFH) 0.8 $6.6M 149k 44.42
LSI Corporation 0.8 $6.6M 596k 11.03
Lockheed Martin Corporation (LMT) 0.8 $6.4M 43k 148.65
Discover Financial Services (DFS) 0.8 $6.4M 115k 55.95
United Therapeutics Corporation (UTHR) 0.8 $6.3M 56k 113.08
Brocade Communications Systems 0.8 $6.3M 714k 8.87
Polaris Industries (PII) 0.8 $6.2M 43k 145.65
Colgate-Palmolive Company (CL) 0.8 $6.2M 95k 65.21
Deutsche Telekom (DTEGY) 0.8 $6.2M 361k 17.26
Novo Nordisk A/S (NVO) 0.8 $6.1M 33k 184.76
Valeo, SA (VLEEY) 0.8 $6.2M 111k 55.61
Mrc Global Inc cmn (MRC) 0.8 $6.1M 189k 32.26
Arrow Electronics (ARW) 0.7 $6.0M 110k 54.25
Allstate Corporation (ALL) 0.7 $6.0M 110k 54.54
MetLife (MET) 0.7 $6.0M 111k 53.92
Vodafone 0.7 $5.9M 151k 39.31
Gap (GPS) 0.7 $5.9M 151k 39.08
International Business Machines (IBM) 0.7 $5.8M 31k 187.57
Oracle Corporation (ORCL) 0.7 $5.8M 151k 38.26
Altria (MO) 0.7 $5.7M 150k 38.39
Edwards Lifesciences (EW) 0.7 $5.6M 86k 65.76
PetSmart 0.7 $5.7M 78k 72.75
Intel Corporation (INTC) 0.7 $5.6M 217k 25.96
Garmin (GRMN) 0.7 $5.7M 122k 46.19
Spdr S&p 500 Etf (SPY) 0.7 $5.5M 30k 184.71
Plains All American Pipeline (PAA) 0.7 $5.5M 105k 51.77
Pfizer (PFE) 0.7 $5.4M 177k 30.63
Bed Bath & Beyond 0.7 $5.4M 67k 80.31
Reynolds American 0.7 $5.4M 108k 49.99
Ace Limited Cmn 0.7 $5.3M 51k 103.53
Wells Fargo & Company (WFC) 0.7 $5.3M 118k 45.40
Primerica (PRI) 0.7 $5.3M 124k 42.91
Humana (HUM) 0.7 $5.3M 52k 103.22
Utilities SPDR (XLU) 0.7 $5.3M 140k 37.97
KKR & Co 0.7 $5.3M 219k 24.34
Reinsurance Group of America (RGA) 0.7 $5.3M 68k 77.41
Synopsys (SNPS) 0.7 $5.2M 129k 40.57
Ing U S 0.7 $5.2M 149k 35.15
Key (KEY) 0.6 $5.2M 388k 13.42
Vanguard Consumer Discretionary ETF (VCR) 0.6 $5.2M 48k 108.05
Sanmina (SANM) 0.6 $5.2M 311k 16.70
Chevron Corporation (CVX) 0.6 $5.1M 41k 124.90
Hubbell Incorporated 0.6 $5.1M 47k 108.91
Ametek (AME) 0.6 $5.1M 96k 52.67
Vimpel 0.6 $5.0M 386k 12.94
ConocoPhillips (COP) 0.6 $5.0M 71k 70.65
Schlumberger (SLB) 0.6 $5.0M 56k 90.12
Enterprise Products Partners (EPD) 0.6 $5.0M 76k 66.30
Steven Madden (SHOO) 0.6 $5.0M 137k 36.59
Fiserv (FI) 0.6 $4.9M 82k 59.05
Foot Locker (FL) 0.6 $4.8M 116k 41.44
Lincoln Electric Holdings (LECO) 0.6 $4.7M 66k 71.34
Magellan Health Services 0.6 $4.7M 78k 59.91
National Grid 0.6 $4.7M 71k 65.31
Zurich Insurance (ZURVY) 0.6 $4.7M 162k 29.17
Cisco Systems (CSCO) 0.6 $4.6M 204k 22.43
Horace Mann Educators Corporation (HMN) 0.6 $4.6M 145k 31.54
Lorillard 0.6 $4.6M 91k 50.69
Coca-Cola Company (KO) 0.6 $4.5M 109k 41.31
BP (BP) 0.6 $4.4M 91k 48.61
AstraZeneca (AZN) 0.6 $4.4M 74k 59.37
AGCO Corporation (AGCO) 0.6 $4.4M 75k 59.18
E.on (EONGY) 0.6 $4.4M 239k 18.48
Equifax (EFX) 0.5 $4.3M 63k 69.09
At&t (T) 0.5 $4.3M 123k 35.16
Electronics For Imaging 0.5 $4.4M 114k 38.73
Ares Capital Corporation (ARCC) 0.5 $4.4M 246k 17.77
Valmont Industries (VMI) 0.5 $4.3M 29k 149.12
Lukoil 0.5 $4.4M 69k 63.12
Weyerhaeuser C conv prf 0.5 $4.4M 78k 56.04
Teva Pharmaceutical Industries (TEVA) 0.5 $4.3M 107k 40.08
PPL Corporation (PPL) 0.5 $4.3M 143k 30.09
Williams Partners 0.5 $4.3M 85k 50.87
Telefonica Brasil Sa 0.5 $4.3M 222k 19.22
Ensco Plc Shs Class A 0.5 $4.3M 74k 57.19
Bce (BCE) 0.5 $4.2M 97k 43.29
Eni S.p.A. (E) 0.5 $4.2M 87k 48.49
Jack in the Box (JACK) 0.5 $4.1M 82k 50.02
Symantec Corporation 0.5 $4.1M 174k 23.58
Sturm, Ruger & Company (RGR) 0.5 $4.1M 57k 73.09
CHECK POINT SOFTWARE Technolog Com Stk (CHKP) 0.5 $4.1M 64k 64.50
Bank Of Montreal Cadcom (BMO) 0.5 $4.1M 62k 66.66
Continental (CTTAY) 0.5 $4.1M 92k 44.42
UnitedHealth (UNH) 0.5 $4.1M 54k 75.31
Telstra Corporation 0.5 $4.1M 173k 23.44
Hyster Yale Materials Handling (HY) 0.5 $4.0M 43k 93.16
CBS Corporation 0.5 $3.9M 62k 63.73
Fifth Street Finance 0.5 $3.9M 424k 9.25
Ptc (PTC) 0.5 $3.9M 110k 35.39
CIGNA Corporation 0.5 $3.8M 43k 87.47
Rockwell Automation (ROK) 0.5 $3.8M 32k 118.15
Golar Lng Partners Lp unit 0.5 $3.8M 126k 30.25
Norbord 0.5 $3.8M 119k 31.79
GlaxoSmithKline 0.5 $3.8M 70k 53.40
Halliburton Company (HAL) 0.5 $3.7M 72k 50.74
Nippon Telegraph & Telephone (NTTYY) 0.5 $3.7M 138k 27.04
CenturyLink 0.5 $3.7M 115k 31.85
Royal Dutch Shell 0.5 $3.7M 51k 71.27
Cibc Cad (CM) 0.5 $3.7M 43k 85.41
Medical Properties Trust (MPW) 0.5 $3.7M 299k 12.22
Aetna 0.4 $3.6M 52k 68.59
Realty Income (O) 0.4 $3.6M 95k 37.33
Power Financial Corp 0.4 $3.5M 104k 34.02
Deluxe Corporation (DLX) 0.4 $3.5M 67k 52.19
Flextronics International Ltd Com Stk (FLEX) 0.4 $3.5M 446k 7.77
KKR Financial Holdings 0.4 $3.4M 278k 12.19
Medtronic 0.4 $3.3M 57k 57.39
Public Service Enterprise (PEG) 0.4 $3.3M 104k 32.04
Entergy Corporation (ETR) 0.4 $3.3M 53k 63.26
NetScout Systems (NTCT) 0.4 $3.3M 111k 29.59
Huron Consulting (HURN) 0.4 $3.3M 52k 62.67
Qualcomm (QCOM) 0.4 $3.2M 43k 74.24
Iconix Brand 0.4 $3.2M 81k 39.70
Targa Resources Partners 0.4 $3.2M 62k 52.30
Home Depot (HD) 0.4 $3.1M 38k 82.35
Vanguard Natural Resources 0.4 $3.2M 108k 29.52
Activision Blizzard 0.4 $3.1M 172k 17.83
Microsemi Corporation 0.4 $3.0M 122k 24.95
Varian Medical Systems 0.4 $3.0M 39k 77.69
Bio-Reference Laboratories 0.4 $3.0M 116k 25.54
Fossil (FOSL) 0.4 $3.0M 25k 119.94
Jabil Circuit (JBL) 0.3 $2.8M 160k 17.44
Apollo Investment 0.3 $2.8M 329k 8.48
Akamai Technologies (AKAM) 0.3 $2.7M 58k 47.18
Telecom Corp of New Zealand 0.3 $2.8M 293k 9.48
Silicon Motion Technology (SIMO) 0.3 $2.7M 194k 14.15
STMicroelectronics (STM) 0.3 $2.6M 330k 8.00
Energy Transfer Equity (ET) 0.3 $2.6M 32k 81.75
Destination Maternity Corporation 0.3 $2.7M 89k 29.88
EMC Corporation 0.3 $2.6M 104k 25.15
Plains Gp Hldgs L P shs a rep ltpn 0.3 $2.6M 97k 26.77
Superior Industries International (SUP) 0.3 $2.5M 120k 20.63
Skyworks Solutions (SWKS) 0.3 $2.5M 88k 28.57
Navios Maritime Partners 0.3 $2.4M 126k 19.12
Ennis (EBF) 0.3 $2.4M 136k 17.70
UMB Financial Corporation (UMBF) 0.3 $2.4M 37k 64.28
Targa Res Corp (TRGP) 0.3 $2.5M 28k 88.18
PDL BioPharma 0.3 $2.3M 275k 8.44
Electro Rent Corporation 0.3 $2.4M 127k 18.52
Energy Transfer Partners 0.3 $2.3M 41k 57.25
Cvr Partners Lp unit 0.3 $2.2M 136k 16.46
Stag Industrial (STAG) 0.3 $2.2M 106k 20.39
Boeing Company (BA) 0.2 $1.3M 9.5k 136.52
Wal-Mart Stores (WMT) 0.1 $1.0M 13k 78.66
iShares S&P SmallCap 600 Index (IJR) 0.1 $997k 9.1k 109.16
iShares Dow Jones Select Dividend (DVY) 0.1 $905k 13k 71.36
SPDR S&P Dividend (SDY) 0.1 $877k 12k 72.60
Amgen (AMGN) 0.1 $757k 6.6k 114.04
U.S. Bancorp (USB) 0.1 $684k 17k 40.41
First Eagle Global A (SGENX) 0.1 $618k 12k 53.59
General Electric Company 0.1 $572k 20k 28.04
Pioneer Natural Resources (PXD) 0.1 $553k 3.0k 184.03
iShares Russell 2000 Index (IWM) 0.1 $605k 5.2k 115.28
Schwab Total Stock Mrkt Ind-se (SWTSX) 0.1 $568k 17k 33.66
McDonald's Corporation (MCD) 0.1 $448k 4.6k 96.97
E.I. du Pont de Nemours & Company 0.1 $487k 7.5k 64.93
Rydex S&P Equal Weight ETF 0.1 $468k 6.6k 71.24
Jp Morgan Alerian Mlp Index (AMJ) 0.1 $505k 11k 46.31
Pepsi (PEP) 0.1 $397k 4.8k 83.04
Gilead Sciences (GILD) 0.1 $441k 5.9k 75.13
iShares Russell 2000 Value Index (IWN) 0.1 $405k 4.1k 99.46
Berkshire Hathaway (BRK.B) 0.0 $334k 2.8k 118.45
Johnson & Johnson (JNJ) 0.0 $292k 3.2k 91.56
Cerner Corporation 0.0 $360k 6.5k 55.75
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.0 $351k 4.8k 73.66
iShares Russell 3000 Index (IWV) 0.0 $362k 3.3k 110.57
SPDR S&P MidCap 400 ETF (MDY) 0.0 $290k 1.2k 244.52
Microsoft Corporation (MSFT) 0.0 $221k 5.9k 37.41
Brookfield Asset Management 0.0 $233k 6.0k 38.83
Ford Motor Company (F) 0.0 $231k 15k 15.40
iShares S&P 500 Value Index (IVE) 0.0 $257k 3.0k 85.38
iShares Russell 2000 Growth Index (IWO) 0.0 $280k 2.1k 135.59
Claymore/Zacks Multi-Asset Inc Idx 0.0 $275k 11k 24.74
Northeast Investors Trust 0.0 $90k 14k 6.52
Samson Oil & Gas 0.0 $5.0k 13k 0.40
Medical Marijuana Inc cs (MJNA) 0.0 $2.0k 14k 0.15