Meritage Group

Meritage as of March 31, 2012

Portfolio Holdings for Meritage

Meritage holds 22 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Union Pacific Corporation (UNP) 24.1 $87M 805k 107.48
Visa (V) 18.1 $65M 549k 118.00
MasterCard Incorporated (MA) 16.3 $59M 139k 420.54
SPDR Gold Trust (GLD) 7.8 $28M 174k 162.12
Wells Fargo & Co New option 4.8 $17M 500k 34.14
Bp Plc option 4.2 $15M 337k 45.00
Energy Select Sector SPDR (XLE) 3.8 $14M 192k 71.75
Caterpillar 2.7 $9.6M 90k 106.52
Fusion-io 2.6 $9.2M 325k 28.41
Intel Corp option 2.4 $8.4M 300k 28.12
iShares Russell 2000 Index (IWM) 2.3 $8.3M 100k 82.81
Yum! Brands 1.9 $6.8M 96k 71.18
First Solar (FSLR) 1.4 $5.1M 202k 25.05
Canadian Nat Res Ltd option 1.4 $5.0M 150k 33.18
Caterpillar (CAT) 1.2 $4.3M 40k 106.52
Bank Of America Corporation option 1.1 $3.8M 400k 9.57
At&t (T) 0.9 $3.1M 100k 31.23
Research In Motion Ltd option 0.8 $2.9M 200k 14.70
Schwab Charles Corp New cmn 0.8 $2.9M 200k 14.37
Ford Motor Co P @ 15.0 Jun 11 option 0.7 $2.5M 200k 12.48
Wellpoint Inc option 0.4 $1.5M 20k 73.80
Mosaic (MOS) 0.4 $1.4M 25k 55.28