Meritage Group LP Quant / Systematic

CIK: 0001427119 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $3,215,661 (100.0% shares, 0.0% debt)

Holdings (10)

Increased Positions (3)

MSCI MSCI INC 8.3%

Value ($000) $267,712 (+13.6%) Shares 466,617 (+12.4%) Est. Cost $553.33 Unrealized +1.2%

MSFT MICROSOFT CORP 19.0%

Value ($000) $610,479 (+4.8%) Shares 1,262,311 (+12.2%) Est. Cost $415.50 Unrealized +20.5%

WDAY WORKDAY INC 10.8%

Value ($000) $346,338 (-3.4%) Shares 1,612,523 (+8.3%) Est. Cost $205.22 Unrealized +10.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSCI	MSCI INC	466,617 (+12.4%)	$267,712 (+13.6%)	8.3%	$553.33	+1.2%	COM	55354G100
MSFT	MICROSOFT CORP	1,262,311 (+12.2%)	$610,479 (+4.8%)	19.0%	$415.50	+20.5%	COM	594918104
WDAY	WORKDAY INC	1,612,523 (+8.3%)	$346,338 (-3.4%)	10.8%	$205.22	+10.7%	CL A	98138H101

Exited Positions (1)

A AGILENT TECHNOLOGIES INC 5.3%

Value ($000) $170,187 Shares 1,325,963 Est. Cost $118.08 Unrealized +21.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
A	AGILENT TECHNOLOGIES INC	1,325,963	$170,187	5.3%	$118.08	+21.7%	—	00846U101

Decreased Positions (7)

AMZN AMAZON COM INC 13.2%

Value ($000) $425,403 (-14.2%) Shares 1,843,006 (-18.4%) Est. Cost $153.24 Unrealized +49.3%

COF CAPITAL ONE FINL CORP 13.8%

Value ($000) $445,219 (-9.7%) Shares 1,837,016 (-20.8%) Est. Cost $177.73 Unrealized +25.0%

SGI SOMNIGROUP INTERNATIONAL INC 6.7%

Value ($000) $214,598 (-16.2%) Shares 2,403,651 (-20.8%) Est. Cost $61.42 Unrealized +42.2%

QSR RESTAURANT BRANDS INTL INC 6.8%

Value ($000) $218,386 (+3.8%) Shares 3,200,731 (-2.4%) Est. Cost $69.39 Unrealized -0.7%

EFX EQUIFAX INC 1.1%

Value ($000) $35,908 (-17.5%) Shares 165,488 (-2.4%) Est. Cost $250.41 Unrealized -12.7%

PCOR PROCORE TECHNOLOGIES INC 6.0%

Value ($000) $194,186 (-2.4%) Shares 2,669,593 (-2.1%) Est. Cost $68.48 Unrealized +8.0%

TRU TRANSUNION 14.2%

Value ($000) $457,432 (-0.1%) Shares 5,334,488 (-2.4%) Est. Cost $70.38 Unrealized +16.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	1,843,006 (-18.4%)	$425,403 (-14.2%)	13.2%	$153.24	+49.3%	COM	023135106
COF	CAPITAL ONE FINL CORP	1,837,016 (-20.8%)	$445,219 (-9.7%)	13.8%	$177.73	+25.0%	COM	14040H105
SGI	SOMNIGROUP INTERNATIONAL INC	2,403,651 (-20.8%)	$214,598 (-16.2%)	6.7%	$61.42	+42.2%	COM	88023U101
QSR	RESTAURANT BRANDS INTL INC	3,200,731 (-2.4%)	$218,386 (+3.8%)	6.8%	$69.39	-0.7%	COM	76131D103
EFX	EQUIFAX INC	165,488 (-2.4%)	$35,908 (-17.5%)	1.1%	$250.41	-12.7%	COM	294429105
PCOR	PROCORE TECHNOLOGIES INC	2,669,593 (-2.1%)	$194,186 (-2.4%)	6.0%	$68.48	+8.0%	COM	74275K108
TRU	TRANSUNION	5,334,488 (-2.4%)	$457,432 (-0.1%)	14.2%	$70.38	+16.7%	COM	89400J107