Meritas Wealth Management

SAN RAFAEL, CAfiles as Meritas Wealth Management, LLC

$256m in 63 US stocks at the end of 30 June 2026. The top 10 are 78.0% of the money. It changed about 3.5% of the portfolio this quarter.

Value

$256m

Stocks

Top 10 share

78.0%

Turnover

3.5%

What changed this quarter

New

Bought for the first time this quarter.

JPMorgan ChaseJPM
0.2% of the fund
BroadcomAVGO
0.2% of the fund
Blackrock ETF Trust IICALI
<0.1% of the fund
Ishares TRIJR
<0.1% of the fund
Ishares TRITOT
<0.1% of the fund
Procter & GamblePG
<0.1% of the fund
Dimensional ETF TrustDFAC
<0.1% of the fund

Added

Bought more of a stock they already held.

American Centy ETF TRAVUV
12.0% of the fund
+8%
Dimensional ETF TrustDFUS
10.5% of the fund
+6%
American Centy ETF TRAVLV
8.8% of the fund
+7%
Dimensional ETF TrustDFIV
7.3% of the fund
+2%
Dimensional ETF TrustDISV
5.0% of the fund
+10%
Vanguard BD Index FDSBND
3.8% of the fund
+17%
Dimensional ETF TrustDIHP
3.5% of the fund
+14%
Vanguard Malvern FDSVTIP
2.6% of the fund
+7%
Manager Directed PortfoliosVGSR
1.2% of the fund
+16%
MicrosoftMSFT
1.0% of the fund
+6%
Vanguard Charlotte FDSBNDX
0.8% of the fund
+22%
Dimensional ETF TrustDFGR
0.8% of the fund
+4%
Dimensional ETF TrustDFIP
0.3% of the fund
+146%
AlphabetGOOGL
0.3% of the fund
+38%
AlphabetGOOG
0.2% of the fund
+41%
Johnson & JohnsonJNJ
0.2% of the fund
+27%
American Centy ETF TRAVGE
0.2% of the fund
+20%
Walt DisneyDIS
0.2% of the fund
+6%
SalesforceCRM
0.1% of the fund
+29%
ChevronCVX
<0.1% of the fund
+16%

Cut

Sold some of their stake.

AppleAAPL
4.1% of the fund
-4%
OracleORCL
0.4% of the fund
-8%
Dimensional ETF TrustDFSE
0.4% of the fund
-5%
Amazon.comAMZN
0.4% of the fund
-9%
CSXCSX
0.1% of the fund
-7%
NvidiaNVDA
0.1% of the fund
-10%

Sold out

Sold their entire stake.

NetflixNFLX
-100%
Meta PlatformsMETA
-100%
ExxonMobil HoldingsXOM
-100%
Spdr Gold TRGLD
-100%

Holdings

American Centy ETF TRAVUV
Share
12.0%
Value
$31m
Shares
246,111
+8%
Dimensional ETF TrustDFUV
Share
11.9%
Value
$31m
Shares
555,354
Held
Dimensional ETF TrustDFAT
Share
11.0%
Value
$28m
Shares
403,496
Held
Dimensional ETF TrustDFUS
Share
10.5%
Value
$27m
Shares
327,390
+6%
American Centy ETF TRAVLV
Share
8.8%
Value
$23m
Shares
248,212
+7%
Dimensional ETF TrustDFIV
Share
7.3%
Value
$19m
Shares
345,878
+2%
Dimensional ETF TrustDISV
Share
5.0%
Value
$13m
Shares
318,207
+10%
AppleAAPL
Share
4.1%
Value
$11m
Shares
36,682
-4%
Vanguard BD Index FDSBND
Share
3.8%
Value
$10m
Shares
131,333
+17%
Dimensional ETF TrustDIHP
Share
3.5%
Value
$9m
Shares
265,453
+14%
SentinelOneS
Share
3.0%
Value
$8m
Shares
446,000
Held
Vanguard Malvern FDSVTIP
Share
2.6%
Value
$7m
Shares
132,871
+7%
Dimensional ETF TrustDFAU
Share
1.3%
Value
$3m
Shares
62,102
Held
Manager Directed PortfoliosVGSR
Share
1.2%
Value
$3m
Shares
260,974
+16%
MicrosoftMSFT
Share
1.0%
Value
$2m
Shares
6,531
+6%
Dimensional ETF TrustDFSV
Share
0.9%
Value
$2m
Shares
59,549
Held
Vanguard Charlotte FDSBNDX
Share
0.8%
Value
$2m
Shares
44,099
+22%
Dimensional ETF TrustDFGR
Share
0.8%
Value
$2m
Shares
73,460
+4%
Dimensional ETF TrustDFAE
Share
0.8%
Value
$2m
Shares
52,707
Held
Dimensional ETF TrustDFEM
Share
0.7%
Value
$2m
Shares
45,295
Held
Dimensional ETF TrustDFAI
Share
0.6%
Value
$2m
Shares
40,093
Held
Vanguard Index FDSVBR
Share
0.5%
Value
$1m
Shares
5,283
Held
Dimensional ETF TrustDFSU
Share
0.4%
Value
$1m
Shares
24,651
Held
Ishares TRIVV
Share
0.4%
Value
$1m
Shares
1,510
Held
OracleORCL
Share
0.4%
Value
$970,747
Shares
6,624
-8%
Dimensional ETF TrustDFSE
Share
0.4%
Value
$935,505
Shares
19,139
-5%
Amazon.comAMZN
Share
0.4%
Value
$923,806
Shares
3,876
-9%
Dimensional ETF TrustDFSI
Share
0.3%
Value
$777,118
Shares
17,231
Held
Dimensional ETF TrustDFIP
Share
0.3%
Value
$764,043
Shares
18,520
+146%
Berkshire Hathaway INC DELBRK-A
Share
0.3%
Value
$748,850
Shares
1
Held
WalmartWMT
Share
0.3%
Value
$702,778
Shares
6,205
Held
Berkshire HathawayBRK-B
Share
0.3%
Value
$679,029
Shares
1,357
Held
CaterpillarCAT
Share
0.3%
Value
$673,017
Shares
632
Held
AlphabetGOOGL
Share
0.3%
Value
$643,400
Shares
1,800
+38%
AlphabetGOOG
Share
0.2%
Value
$605,608
Shares
1,714
+41%
Johnson & JohnsonJNJ
Share
0.2%
Value
$605,211
Shares
2,383
+27%
TeslaTSLA
Share
0.2%
Value
$555,192
Shares
1,320
Held
American Centy ETF TRAVGE
Share
0.2%
Value
$513,776
Shares
5,184
+20%
Fair IsaacFICO
Share
0.2%
Value
$495,834
Shares
415
Held
Walt DisneyDIS
Share
0.2%
Value
$487,025
Shares
5,060
+6%
Marsh & McLennan CompaniesMRSH
Share
0.2%
Value
$467,509
Shares
2,805
Held
Costco WholesaleCOST
Share
0.2%
Value
$434,994
Shares
465
Held
AutodeskADSK
Share
0.2%
Value
$411,198
Shares
2,115
Held
JPMorgan ChaseJPM
Share
0.2%
Value
$402,943
Shares
1,231
New
Dimensional ETF TrustDFAS
Share
0.2%
Value
$396,385
Shares
4,814
Held
BroadcomAVGO
Share
0.2%
Value
$392,860
Shares
1,040
New
CSXCSX
Share
0.1%
Value
$339,364
Shares
7,140
-7%
Vanguard Index FDSVOO
Share
0.1%
Value
$300,762
Shares
438
Held
Palantir TechnologiesPLTR
Share
0.1%
Value
$284,091
Shares
2,435
Held
SalesforceCRM
Share
0.1%
Value
$279,168
Shares
1,782
+29%
NvidiaNVDA
Share
0.1%
Value
$272,768
Shares
1,363
-10%
Vanguard Scottsdale FDSVGSH
Share
0.1%
Value
$260,387
Shares
4,474
Held
International Business MachinesIBM
Share
<0.1%
Value
$253,148
Shares
900
Held
Blackrock ETF Trust IICALI
Share
<0.1%
Value
$251,108
Shares
4,969
New
American Centy ETF TRAVDV
Share
<0.1%
Value
$242,477
Shares
2,353
Held
ChevronCVX
Share
<0.1%
Value
$240,186
Shares
1,449
+16%
Ishares TRIJR
Share
<0.1%
Value
$238,788
Shares
1,610
New
Vanguard BD Index FDSBSV
Share
<0.1%
Value
$237,703
Shares
3,051
Held
Vanguard Index FDSVTI
Share
<0.1%
Value
$233,904
Shares
632
Held
Ishares TRITOT
Share
<0.1%
Value
$220,943
Shares
1,345
New
Procter & GamblePG
Share
<0.1%
Value
$218,054
Shares
1,487
New
Dimensional ETF TrustDFAC
Share
<0.1%
Value
$208,004
Shares
4,689
New
Joby AviationJOBY
Share
<0.1%
Value
$92,001
Shares
10,314
Held

Company	Share of fund	Value	Shares	Change
American Centy ETF TRAVUV	12.0%	$31m	246,111	+8%
Dimensional ETF TrustDFUV	11.9%	$31m	555,354	Held
Dimensional ETF TrustDFAT	11.0%	$28m	403,496	Held
Dimensional ETF TrustDFUS	10.5%	$27m	327,390	+6%
American Centy ETF TRAVLV	8.8%	$23m	248,212	+7%
Dimensional ETF TrustDFIV	7.3%	$19m	345,878	+2%
Dimensional ETF TrustDISV	5.0%	$13m	318,207	+10%
AppleAAPL	4.1%	$11m	36,682	-4%
Vanguard BD Index FDSBND	3.8%	$10m	131,333	+17%
Dimensional ETF TrustDIHP	3.5%	$9m	265,453	+14%
SentinelOneS	3.0%	$8m	446,000	Held
Vanguard Malvern FDSVTIP	2.6%	$7m	132,871	+7%
Dimensional ETF TrustDFAU	1.3%	$3m	62,102	Held
Manager Directed PortfoliosVGSR	1.2%	$3m	260,974	+16%
MicrosoftMSFT	1.0%	$2m	6,531	+6%
Dimensional ETF TrustDFSV	0.9%	$2m	59,549	Held
Vanguard Charlotte FDSBNDX	0.8%	$2m	44,099	+22%
Dimensional ETF TrustDFGR	0.8%	$2m	73,460	+4%
Dimensional ETF TrustDFAE	0.8%	$2m	52,707	Held
Dimensional ETF TrustDFEM	0.7%	$2m	45,295	Held
Dimensional ETF TrustDFAI	0.6%	$2m	40,093	Held
Vanguard Index FDSVBR	0.5%	$1m	5,283	Held
Dimensional ETF TrustDFSU	0.4%	$1m	24,651	Held
Ishares TRIVV	0.4%	$1m	1,510	Held
OracleORCL	0.4%	$970,747	6,624	-8%
Dimensional ETF TrustDFSE	0.4%	$935,505	19,139	-5%
Amazon.comAMZN	0.4%	$923,806	3,876	-9%
Dimensional ETF TrustDFSI	0.3%	$777,118	17,231	Held
Dimensional ETF TrustDFIP	0.3%	$764,043	18,520	+146%
Berkshire Hathaway INC DELBRK-A	0.3%	$748,850	1	Held
WalmartWMT	0.3%	$702,778	6,205	Held
Berkshire HathawayBRK-B	0.3%	$679,029	1,357	Held
CaterpillarCAT	0.3%	$673,017	632	Held
AlphabetGOOGL	0.3%	$643,400	1,800	+38%
AlphabetGOOG	0.2%	$605,608	1,714	+41%
Johnson & JohnsonJNJ	0.2%	$605,211	2,383	+27%
TeslaTSLA	0.2%	$555,192	1,320	Held
American Centy ETF TRAVGE	0.2%	$513,776	5,184	+20%
Fair IsaacFICO	0.2%	$495,834	415	Held
Walt DisneyDIS	0.2%	$487,025	5,060	+6%
Marsh & McLennan CompaniesMRSH	0.2%	$467,509	2,805	Held
Costco WholesaleCOST	0.2%	$434,994	465	Held
AutodeskADSK	0.2%	$411,198	2,115	Held
JPMorgan ChaseJPM	0.2%	$402,943	1,231	New
Dimensional ETF TrustDFAS	0.2%	$396,385	4,814	Held
BroadcomAVGO	0.2%	$392,860	1,040	New
CSXCSX	0.1%	$339,364	7,140	-7%
Vanguard Index FDSVOO	0.1%	$300,762	438	Held
Palantir TechnologiesPLTR	0.1%	$284,091	2,435	Held
SalesforceCRM	0.1%	$279,168	1,782	+29%
NvidiaNVDA	0.1%	$272,768	1,363	-10%
Vanguard Scottsdale FDSVGSH	0.1%	$260,387	4,474	Held
International Business MachinesIBM	<0.1%	$253,148	900	Held
Blackrock ETF Trust IICALI	<0.1%	$251,108	4,969	New
American Centy ETF TRAVDV	<0.1%	$242,477	2,353	Held
ChevronCVX	<0.1%	$240,186	1,449	+16%
Ishares TRIJR	<0.1%	$238,788	1,610	New
Vanguard BD Index FDSBSV	<0.1%	$237,703	3,051	Held
Vanguard Index FDSVTI	<0.1%	$233,904	632	Held
Ishares TRITOT	<0.1%	$220,943	1,345	New
Procter & GamblePG	<0.1%	$218,054	1,487	New
Dimensional ETF TrustDFAC	<0.1%	$208,004	4,689	New
Joby AviationJOBY	<0.1%	$92,001	10,314	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 40.7% since 30 June 2025.

Where the money is

Technology9.4%

Media & telecom0.7%

Financial services0.6%

Retail & consumer0.6%

Everyday goods0.5%

Industrials0.4%

Health care0.2%

Energy0.1%

Other87.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.